Sentences with phrase «death benefit to the nominee»

There is a guaranteed sum assured which would be given as death benefit to your nominees.

Term insurance, as the name suggests, is valid for a specific period of time and offers death benefit to the nominee in the event of the death of insured.

A term plan will provide death benefits to the nominee in the form of a lump sum pay - out.

In fact, this plan offers dual death benefit to the nominee in case of an unfortunate demise of the life insured within the policy tenure.

Term insurance plans like most other different types of life insurance policies offer tax free death benefit to the nominees of the policy holder.

This rider provides an additional death benefit to the nominee, which is additional to the base policy sum assured in the event of the death of the life insured.

In case of your early death, ICICI Prudential pays death benefits to your nominee.

The Birla Sun Life Protect @Ease Term Plan offers death benefit to your nominee in case of your untimely death.

Death benefits to the nominee which will be higher of the fund value of your policy at the time of death or 105 % of premiums paid till then

The product offers comprehensive death benefit to the nominee in case of death of Life Insured during the policy term, provided the policy is in force.

If all due premiums are paid, then, in case of unfortunate death of the life assured during the policy term, the Sum Assured on Death as mentioned below will be payable as death benefit to the nominee:

Similarly, if you die within two years of policy revival, the insurer can conduct an enquiry before paying death benefits to your nominees.

The plan also provides Death Benefits to your nominee, depending upon your age and the Policy Term opted for.

Not to forget, this plan will offer death benefit to the nominee in case of either of the parents» untimely demise.

Life Option: Sum assured is paid as death benefit to nominee in case of death of the life insured or diagnosed of terminal illness.

On the insured's death, the basic sum assured is paid as the death benefit to the nominee and the plan terminates.

Edelweiss Tokio pays the death benefit to the nominee as per the payout option chosen at the time of application.

There is a guaranteed sum assured along with bonuses which would be given in lump sum as the death benefit to your nominees.

Offers death benefit to your nominee the highest among the 3 options: the single premium fund value, or the sum assured less partial withdrawals or 105 % of the single premium paid

In case the life assured passes away during the policy period, the life insurance company pays the death benefit to the nominee.

This plan is cost effective plan to secure the family's financial future.It is a simple plan which offers a death benefit to the nominee in case of assured event.

With insurance component, in case of the demise of the insured during the policy term, the entire sum assured is paid as the death benefit to the nominee and the policy gets terminated.

This rider provides the death benefit to the nominee, which is additional to the base policy sum assured in the event of death of the life insured.

In the event of demise of Mr. Raman during the 8th policy year, a lump sum amount of Rs 5 Lacs plus Accrued Guaranteed Loyalty Additions is payable as the death benefit to the nominee.

o Extra Life Option: This option provides a death benefit to the nominee, which is paid as lump sum on death.In the event of ACCIDENTAL death of the life Insured, the additional sum assured as Accidental Death Benefit is paid.

The latter pay a death benefit to the nominee if the policyholder dies.

In the event of demise of Mr. Raman during any policy year, Rs 2 Lacs plus vested Simple Reversionary Bonuses and Final Additional bonus is payable as the death benefit to the nominee.

In the event of demise of Mr. Raman during the 12th policy year, a lump sum of Rs 6.25 Lacs plus accrued bonuses is payable as the death benefit to the nominee.

- In case the life insured dies within the policy tenure then the prevailing sum assured as on the date of death will be payable as Death Benefit to the nominee and the policy will terminate immediately.

Individual Life - In case the life insured dies within the policy tenure then the prevailing sum assured as on the date of death will be payable as Death Benefit to the nominee and the policy will terminate immediately.

In the event of demise of Mr. Raman during any policy year, Rs 1.5 Lacs along with vested Simple Reversionary Bonuses and Final Additional bonus is payable as the death benefit to the nominee.

The premium component of a Term Plan comprises of the mortality charges as per the age plus very minimal policy issuance charges (which is a one time charge) to provide the death benefit to the nominees in case of the demise of the life insured during the policy term.

In the event of demise of Mr. Raman during the 8th policy year, a lump sum amount of Rs 20 Lacs or above is payable as the death benefit to the nominee.

In the event of demise of Mr. Raman during the 8th policy year, a lump sum of Rs 10 Lacs is payable as the death benefit to the nominee.

In the event of demise of Mrs. Riya during any policy year, Rs 2 Lacs plus vested simple reversionary bonuses plus terminal bonus or 105 % of the total premiums paid is payable as the death benefit to the nominee.

The insurer pays the death benefit to the nominee, wherein the death benefit is maximum of sum assured, 105 % of the premiums paid, or 10 times the annualised premium.

The insurer makes a contract with the insured to provide a sum assured as a death benefit to the nominee in the event of an unexpected death of the insured.

In the event of demise of Mr. Raman during the 15th policy year, the sum assured amount of Rs 10.8 Lacs plus assured additions accrued is payable as the death benefit to the nominee.

In the event of demise of Mr. Raman during the 3rd policy year, a lump sum amount of Rs 5.5 Lacs is payable as the death benefit to the nominee.

In the event of demise of Mr. Raman during the 13th policy year, a lump sum amount of Rs 15 Lacs is payable as the death benefit to the nominee.

In the event of demise of Mr. Raman during the 12th policy year, a lump sum amount is payable as the death benefit to the nominee.

After death of the policyholder during the policy term, the policy is terminated after paying the sum assured as a death benefit to the nominee.

In the event of demise of Mr. Raman during the 15th policy year, a lump sum amount of Rs 10 Lacs or above plus guaranteed accrual additions is payable as the death benefit to the nominee.

For a long time now, term insurance plans, policies that offer death benefits to the nominee, have been the traditional instrument we buy to financially protect our families from the risks of an uncertain future.