Sentences with phrase «death benefit scheme»

You need to have Aadhar linked Savings Bank account to subscribe to this accidental death benefit scheme.

The plan also comes with an accidental death benefits scheme.

Not exact matches

Under this scheme, the eligible families can get reimbursement for medical expenses up to Rs. 30, 000 and accidental death benefit of Rs. 25, 000 to the breadwinner in the family.

The husband signed «Expression of Wish (Nomination of Beneficiaries) Form, saying that «the trustees / scheme administrator has absolute discretion as to which of my beneficiaries receive the lump sum death benefit, I would like this to be paid to the following», where the widow is named with 100 % percent.

Within days, two payments were made to Mrs Arnup: # 129,600 under the employer's death in service benefit scheme; and # 100,000 from a trust fund set up by the employer.

The legislation has since changed, as explained below, but many of the Tribunal's comments (especially on the nature of a scheme administrator's power to decide to whom to distribute death benefits) are particularly relevant to the current legal position.

Suicide exclusion under Death Benefit: - In case the insured member commits suicide whether sane or insane, within 12 months from the policy inception date or from the date of inception of the member under the group insurance scheme, whichever is later, then higher of 80 % of the premiums paid or surrender value in respect of concerned insured member is payable to the nominee / beneficiary.

Moreover, the plan also provides additional benefit as accidental death and disability benefit rider in its basic scheme.

This new insurance scheme offers three enhancement points that is, guaranteed addition and bonuses, inbuilt accidental death benefit and the life insurance coverage.

The scheme provides both maturity and death benefits together with gain participation bonuses.

It is not necessary that only death benefit will be covered under such policy, like pure term insurance scheme.

Step 3: A member on either leaving service due to retirement / resignation or on death / disability during the service, or any other such event that may terminate the employment, Exide Life Insurance will pay the benefits as per the scheme rules by redeeming the units in the investment funds to pay the gratuity benefit.

Under this scheme, if the insured dies due to an accident, the nominee of the insured will get Rs 2 Lakhs as death benefit.

Group Gratuity Schemes pay gratuity benefits and can also provide a death benefit for employees.

Under PMJJBY insurance scheme, the Death claim benefit of Rs. 2,00,000 / - will be settled by the concerned Insurance Company.

Under this scheme, if the insured dies due to an accident, the nominee of the insured will get Rs 2 Lakh as death benefit.

They are offering a salary of between # 28k - # 33k (including bonus) as well as a fantastic benefits package including 4 x death in service, private health insurance after 12 months of service, money purchase scheme, 5 % pension contribution and an early finish on Friday (12 pm).

Senior HR Advisor Professional Institute / Awarding Body South West London Basic Salary # 35,000 with excellent benefits including 25 days Holiday, Group Personal Pension scheme, Group Death in Service, Group Permanent Health Insurance, Season ticket loan, Free eye tests, Training and development opportunities...

Membership and Accreditation Officer Royal Aeronautical Society 4 Hamilton Place, London, W1J 7BQ - Green Park / Hyde Park Corner Basic Salary # 24,500 plus excellent benefits including Group Pension Scheme, Life Assurance (death in service), Health care scheme, 20 days holiday increasing to 25 Permanent...