Sentences with phrase «death benefit payable decreases»

Not exact matches

Note that this is not necessarily the same as the actual death benefit payable Please refer to your policy's terms and conditions for additional information on the factors that may increase or decrease the actual death benefit payable, which may include loans taken or additional coverage purchased.

Although the death benefit amount decreases, the premium payable remains constant throughout the policy tenure.

DHFL Pramerica Family Income Plan is a decreasing term plan offered by DHFL Pramerica Life Insurance wherein the death benefit may either be payable in a lumpsum to the nominee or in equal monthly installments till the end of the policy tenure.

However, an ADB increases premium charges, and using it decreases the death benefit payable to your beneficiaries by a certain percentage.