Sentences with phrase «death benefit payable on»

The CI Sum Assured shall accelerate the Death Benefit to the extent of the CI Sum Assured with the remaining Death Benefit payable on death.

Following R's death, D, his widow, filed an application for the lump - sum death benefit payable on his earnings record, as well as for a widow's insurance benefit to which she was also entitled on his earnings record.

Not exact matches

After annuity income payments begin, any death benefit payable will be based on the annuity option you have chosen.

Death Benefit Payable: In the event of death, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the custDeath Benefit Payable: In the event of death, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the cuBenefit Payable: In the event of death, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the custdeath, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the custdeath benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the cubenefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the custdeath benefit option selected by the cubenefit option selected by the customer.

Premiums are based on $ 1,000,000 death benefit and payable until age 75.

Subject to the Policy being in force, as on the date of death, the death benefit payable under the product will be Higher of: 1.

The definition of life insurance death benefit is the amount of money payable to the beneficiary or beneficiaries listed on a life insurance policy upon the death of the insured, minus any policy loans.

In the event of death of the Life Insured during the Policy Term, subject to the policy being in force, the Death Benefit payable shall be equal to the Sum Assured on ddeath of the Life Insured during the Policy Term, subject to the policy being in force, the Death Benefit payable shall be equal to the Sum Assured on dDeath Benefit payable shall be equal to the Sum Assured on deathdeath.

The twin benefits available on this rider are sum assured that is payable on the death of the policyholder and a monthly income for ten years.

Pursuant to these provisions, the Administration withheld the lump - sum death benefit payable to D on her deceased husband's earnings record.

Under the second variant, a death benefit consists of a Lump Sum benefit, which is payable instantly on demise, followed by the regular payouts in form of the total Fund Value and Family Income Benefit at the conclusion of the Term of your benefit consists of a Lump Sum benefit, which is payable instantly on demise, followed by the regular payouts in form of the total Fund Value and Family Income Benefit at the conclusion of the Term of your benefit, which is payable instantly on demise, followed by the regular payouts in form of the total Fund Value and Family Income Benefit at the conclusion of the Term of your Benefit at the conclusion of the Term of your policy.

If you borrow against an existing policy to pay premiums on a new policy, death benefits payable under your existing policy will be reduced by the amount of any unpaid loan, including unpaid interest.

The amount of a survivor's death benefit payable under section 93 (2)(b) in respect of an accident occurring on or after January 1, 1987 is $ 35 a week.

The amount of an additional death benefit payable under section 93 (2)(a) in respect of an accident occurring on or after January 1, 1987 is $ 145 a week.

(2) Notwithstanding anything in this Act, but subject to subsections (2.1) and (2.2), an application for a benefit, other than a death benefit, that would have been payable in respect of a month to a deceased person who, prior to the person's death, would have been entitled on approval of an application to payment of that benefit under this Act may be approved in respect of that month only if it is made within 12 months after the death of that person by the estate, the representative or heir of that person or by any person that may be prescribed by regulation.

LTCSO allows the owner of the AAFMAA policy the option of converting the death benefit on an eligible insured life — normally payable only upon the death of the insured — into regular periodic payments prior to death, specifically to defray the cost of nursing home, custodial or home health care for the insured.

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.

In case of Joint Lives, Sum Assured is paid on death of first life and policy stands cancelled and no further benefits are payable.

The death benefit payable will be higher of 5, 7 or 10 times of the annual premium depending on the age and the tenure or 105 % of aggregate premiums paid until death or the Death Sum Assured or the Maturity Sum Assdeath benefit payable will be higher of 5, 7 or 10 times of the annual premium depending on the age and the tenure or 105 % of aggregate premiums paid until death or the Death Sum Assured or the Maturity Sum Assdeath or the Death Sum Assured or the Maturity Sum AssDeath Sum Assured or the Maturity Sum Assured.

On death of the policyholder, an amount which will be higher of the fund value as on the date of death or the Guaranteed Death Benefit is payable to the nomineOn death of the policyholder, an amount which will be higher of the fund value as on the date of death or the Guaranteed Death Benefit is payable to the nomdeath of the policyholder, an amount which will be higher of the fund value as on the date of death or the Guaranteed Death Benefit is payable to the nomineon the date of death or the Guaranteed Death Benefit is payable to the nomdeath or the Guaranteed Death Benefit is payable to the nomDeath Benefit is payable to the nominee.

On death, an Assured Death Benefit equal to 101 % of all premiums paid including bonuses is payable to the nominee subject to a minimum of 105 % of all premiums paid till ddeath, an Assured Death Benefit equal to 101 % of all premiums paid including bonuses is payable to the nominee subject to a minimum of 105 % of all premiums paid till dDeath Benefit equal to 101 % of all premiums paid including bonuses is payable to the nominee subject to a minimum of 105 % of all premiums paid till deathdeath.

There is no benefit payable on death except in case of Deferred Annuity plans and if required only 1 / 3rd of the amount which has been accumulated can be withdrawn from the plan as commuted benefit.

Policy continuance Benefit — in case of eventuality one can get lump sum benefit immediately on death to ensure financial security or can get future premiums waived off and ensure all other benefits are payable to the benefBenefit — in case of eventuality one can get lump sum benefit immediately on death to ensure financial security or can get future premiums waived off and ensure all other benefits are payable to the benefbenefit immediately on death to ensure financial security or can get future premiums waived off and ensure all other benefits are payable to the beneficiary.

The policyholder is promised certain benefits payable on death, maturity or as money back.

In the event of death the death benefit will be higher of Sum Assured payable on maturity or 11 times the premium or the basic Sum Assured or 105 % of total premiums paid till the policyholder died

In case of death of the insured during the tenure of the plan, the death benefit will be payable which will be higher of the Sum Assured or 10/7 times the annual premium paid depending on the age of the policyholder or 105 % of all premiums paid till the date of death.

Provides the benefit of waiver of all future premiums payable under the base Life Insurance Policy on the earlier occurrence of Untimely Death, Accidental Permanent Total Disability or Critical Illness.

In case of death of the insured during the plan tenure, a death benefit which is higher of the minimum Sum Assured or 10 or 7 times the annual premium paid depending on the age of the policyholder is payable to the nominee subject to a minimum of 105 % of all premiums paid till the date of death

Under Benefit Option 2, higher of the SA including the top - up SA 105 % of all premiums paid is payable immediately on death.

On death of the policyholder, under Benefit Option 1, higher of the Sum Assured including the top - up SA net of any partial withdrawals made in the last 2 years or Fund Value including the Top - up Fund Value or 105 % of premiums paid is payable to the nominee

On death, the benefit payable is highest of either 10 times the annualized premium or 105 % of premiums paid until death.

Thus, if the Life Insured dies within the policy tenure, the death benefit is payable to the nominee and nothing is payable on the maturity of the policy.

On death of the insured a benefit higher of the chosen Sum Assured or annualized premium multiplied by 10 or 105 % of aggregate premiums paid is payable to the nominee

Provides the benefit of waiver of all future premiums payable Guarantees security of income to the family on earlier occurrence of untimely death, accidental permanent total disability or critical illness.

The above benefits will be payable as on date of intimation of death.

On insured's death, the benefit payable is defined as higher of 10 times the annualized premium or the base Sum Assured with a minimum benefit of 105 % of premiums paid until death

If the life which was insured dies, death benefit is payable equal to the applicable Sum Assured as on death of the insured

On death, the Sum Assured on death is payable which is higher of 125 % of the Single Premium is age is less than 45 years or 110 % of the Premium for ages equal to and above 45 years or the Guaranteed Maturity BenefOn death, the Sum Assured on death is payable which is higher of 125 % of the Single Premium is age is less than 45 years or 110 % of the Premium for ages equal to and above 45 years or the Guaranteed Maturity Benefon death is payable which is higher of 125 % of the Single Premium is age is less than 45 years or 110 % of the Premium for ages equal to and above 45 years or the Guaranteed Maturity Benefit

After annuity income payments begin, any death benefit payable will be based on the annuity option you have chosen.

It is the benefit payable to the beneficiary on the event of the death of the life assured under the terms of the policy.

On death of the policyholder, higher of the Sum Assured including Top - up Sum Assured net of Partial Withdrawals or Fund Value including Top - up Fund Value or Minimum Death Benefit is padeath of the policyholder, higher of the Sum Assured including Top - up Sum Assured net of Partial Withdrawals or Fund Value including Top - up Fund Value or Minimum Death Benefit is paDeath Benefit is payable

If your policy was issued after 8/16/2006, the life insurance death benefit on the life of a company employee payable to policy owner / employer can be subjected to income taxes.

Death benefits are payable on the death of the insured and are generally payable to the beneficiary or beneficiaries income tax Death benefits are payable on the death of the insured and are generally payable to the beneficiary or beneficiaries income tax death of the insured and are generally payable to the beneficiary or beneficiaries income tax free.

Death benefit is payable on earlier occurrence of either Death or diagnosis of Terminal Illness.

Any sum received other than as death benefit under an insurance policy which has been issued on or after April 1 2003 and if the premium payable in any of the years during the term of the policy does not exceed 20 % of the sum assured.

In case of «Whole Life Plan'the policy holder is obliged to pay a fixed amount of premium on a regular basis till the term of the policy, failing which will cease the death benefit payable under the policy.

For instance, the death benefit on some policies is only payable if the insured dies after premiums have been paid for 24 months.

These are: • Death benefits deemed on not to increase • The maturity date payable • Death benefits that should be provided right after the maturity date is being determined • The sum amount of the total endowment benefit which includes the cash value surrendered within the maturity date that should not the very least exceed the amount payable as death benefit within the span of the contDeath benefits deemed on not to increase • The maturity date payable • Death benefits that should be provided right after the maturity date is being determined • The sum amount of the total endowment benefit which includes the cash value surrendered within the maturity date that should not the very least exceed the amount payable as death benefit within the span of the contDeath benefits that should be provided right after the maturity date is being determined • The sum amount of the total endowment benefit which includes the cash value surrendered within the maturity date that should not the very least exceed the amount payable as death benefit within the span of the contdeath benefit within the span of the contract.

The benefit of this rider is that it will pay out an additional benefit on top of the death benefits payable to your beneficiary.

The annuity will be payable in arrears post deferment period as per payment frequency chosen by you, for as long as either of the primary or the secondary annuitant is alive.Death benefit is payable as a lumpsum to the nominee, on later of the deaths of the two annuitants.