Sentences with phrase «death benefit payment modes»

It is a unique kind of plan as it provides coverage up to 80 years, offers a choice of three coverage options and a choice of two death benefit payment modes.

Death benefit payment mode The plan offers a choice of three options in which the death benefit payment can be availed.

The death benefit payout will be made as per the death benefit payment mode chosen and the policy will be terminated.

The amount will be paid as per the death benefit payment mode (discussed below) chosen and the policy will be terminated.

Not exact matches

Where the mode of premium payment is monthly, the outstanding premium instalments for the remainder of the policy year of death are deducted from the Death Bendeath are deducted from the Death BenDeath Benefit.

Two modes of payment of death benefit under this HDFC child plan: Save Benefit and Save - n - Gain benefit under this HDFC child plan: Save Benefit and Save - n - Gain Benefit and Save - n - Gain BenefitBenefit

You can change the beneficiaries, payment mode or frequency, or even decrease the face value (death benefit).

Watch out if the policy you wish to opt for offers flexibility to choose the tenure of your choice, the sum assured amount, inbuilt features like terminal / critical illnesses, accidental death benefit and the premium payment modes.

(Note: The non - guaranteed assumed rates of returns chosen in the above example are 4 % and 8 % and the mode of premium payment is Annual.The Cash Value, Death Benefit, Maturity Benefit will change (reduce) if the customer withdraws money from the policy (by surrender of Cash Value of PUA) in between the policy term).