Sentences with phrase «death benefits payable in»

The graded death benefit feature limits the amount of death benefits payable in the early years to return of premiums with interest.
If the proposed insured or family can make / afford a single premium payment (single lifetime payment for the policy) they can have an immediate death benefit payable in month 7 of the policy!
Family Income Benefit Option: It is 110 % of Guaranteed Death Benefit payable in 60 monthly installments.

Not exact matches

If you are the beneficiary, the death benefits remain payable indefinitely provided the owner did not allow the policy to lapse, or cash it in before he or she passed away.
a. Death Benefit (other than death due to Accident)-- During Waiting period of 90 days: In case of the death (other than due to Accident) of the Life Insured during the Waiting Period of 90 days, the Death Benefit payable will be 100 % of premiums paid till the date of death, exclusive of applicable tDeath Benefit (other than death due to Accident)-- During Waiting period of 90 days: In case of the death (other than due to Accident) of the Life Insured during the Waiting Period of 90 days, the Death Benefit payable will be 100 % of premiums paid till the date of death, exclusive of applicable tdeath due to Accident)-- During Waiting period of 90 days: In case of the death (other than due to Accident) of the Life Insured during the Waiting Period of 90 days, the Death Benefit payable will be 100 % of premiums paid till the date of death, exclusive of applicable tdeath (other than due to Accident) of the Life Insured during the Waiting Period of 90 days, the Death Benefit payable will be 100 % of premiums paid till the date of death, exclusive of applicable tDeath Benefit payable will be 100 % of premiums paid till the date of death, exclusive of applicable tdeath, exclusive of applicable taxes.
No benefits are payable, if the death is due to the scenarios mentioned under Terms and Conditions - «Exclusions in case of death due to Accident» — refer Sales Literature.
In case of occurrence of any of listed Critical illness, the Benefit (as chosen during inception) will be payable to you as a lump sum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have been paiIn case of occurrence of any of listed Critical illness, the Benefit (as chosen during inception) will be payable to you as a lump sum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have beeBenefit (as chosen during inception) will be payable to you as a lump sum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have beebenefit payout option chosen, subject to policy being in force and all due premiums have been paiin force and all due premiums have been paid.
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 customeIn 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 customein 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.
Under the terms of our annuity contracts currently being issued, if the annuity contract is owned by an individual other than the annuitant, no death benefit is payable in the event of the annuitant's death.
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.
In case of the death of the Life Insured during the grace period allowed for payment of due premium, the Death Benefit less the outstanding charges shall be paydeath of the Life Insured during the grace period allowed for payment of due premium, the Death Benefit less the outstanding charges shall be payDeath Benefit less the outstanding charges shall be payable.
In case of unfortunate event of death of the Life Insured during the Policy Term, the following benefits will be payable to the Claimant, subject to Policy being in forcIn case of unfortunate event of death of the Life Insured during the Policy Term, the following benefits will be payable to the Claimant, subject to Policy being in forcin force.
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 deatIn 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 deatin 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 death benefit payable at any point in time will not be less than 105 % of all premiums paid.
Benefits that can be reduced under a critical status plan include certain post-retirement death benefits, subsidies that are payable in optional forms of benefit, early retirement subsidies, and benefit increases that were put into place less than 60 months before the plan first entered criticalBenefits that can be reduced under a critical status plan include certain post-retirement death benefits, subsidies that are payable in optional forms of benefit, early retirement subsidies, and benefit increases that were put into place less than 60 months before the plan first entered criticalbenefits, subsidies that are payable in optional forms of benefit, early retirement subsidies, and benefit increases that were put into place less than 60 months before the plan first entered critical status.
The death benefit coverage in force at December 31, 2011 (representing the amount payable if all of approximately 480,000 contractholders had submitted death claims as of that date) was approximately $ 5.4 billion.
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.
The benefit is payable to a designated beneficiary in the event of death by a lump sum of 4 x annual basic salary.
In its decision, the court ruled in favour of a disabled daughter receiving a split of her deceased father's pre-retirement death benefit (which would have otherwise been payable... ContinuIn its decision, the court ruled in favour of a disabled daughter receiving a split of her deceased father's pre-retirement death benefit (which would have otherwise been payable... Continuin favour of a disabled daughter receiving a split of her deceased father's pre-retirement death benefit (which would have otherwise been payable... Continued
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.
Where an ICBC insured at the date of death resulting from a motor vehicle accident comes within an age group set out in column A of the following Table and the insured has the status set out in column B, C or D, the amount of death benefit payable under section 92 is the amount set out below that status and opposite that age group.
(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.
Furthermore, in order to address the possibility that an employee with a shortened life expectancy could accelerate the annuity starting date in order to avoid this rule, this table is available only if, under the contract, no benefits are payable in any case in which the employee selects an annuity starting date that is earlier than the specified annuity starting date under the contract and the employee dies less than 90 days after making that election, even if the employee's death occurs after his or her selected annuity starting date.
Proceeds In life insurance or annuities, the net amount of death benefit payable by the company at the insured's death.
The accidental death benefit is usually an amount paid in addition to the standard benefit payable if the insured died of natural causes.
The accelerated death benefit payment is payable in the event of a qualifying terminal illness.
The death benefit would be payable to the nominee which has been specified in the policy.
However, it is not uncommon to see a buy / sell arrangement that has nothing but funding, meaning that, should one of the business owners die, a life insurance death benefit would be payable to the business (in an entity buy / sell) or the surviving partners (cross-purchase), which can be used to purchase the deceased business owner's shares or interests.
In case of Joint Lives, Sum Assured is paid on death of first life and policy stands cancelled and no further benefits are payable.
A $ 2,000 death benefit, payable to the estate of a person eligible for no - fault benefits who is killed in a car accident
In the event of the key employee's death, the policy's death benefit is payable to the company which can be used to provide continued supplemental benefits or to provide a lump sum benefit to the executive's named beneficiary.
A death benefit in addition to the basic PIP limits which is payable to the estate of a person eligible for No - Fault benefits but killed in an automobile accident.
In case of death of the insured during the tenure of the plan, the death benefit payable will be higher of 10 times the annual premium or 105 % of all premiums paid till death or the Maturity Sum Assured.
There is an option of adding the Income Benefit Rider wherein, in case of death of the insured, 10 % of the rider Sum Assured will be paid to the beneficiary every year post death till the maturity of the plan in addition to the death benefit payable asBenefit Rider wherein, in case of death of the insured, 10 % of the rider Sum Assured will be paid to the beneficiary every year post death till the maturity of the plan in addition to the death benefit payable asbenefit payable as above.
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 benefBenefitin 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.
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.
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
The Additional Death Benefit is calculated by adding up the discounted value of the money - back benefits payable in the last 4 years of the policy and the inbuilt Family Income Benefit
In case of death of the insured during the plan tenure, the death benefit payable is higher of the basic Sum Assured or the Fund Value subject to a minimum of 105 % of all premiums paid till the date of 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
Upon death of the insured the death benefit is payable which can be taken in monthly instalments or in one lump sum
In case of death of the insured during the tenure of the plan, a benefit higher of 10 times the annual premium or base Sum Assured or minimum guaranteed Maturity Sum Assured or 105 % of all premiums paid till the date of death is payable along with the vested reversionary bonuses.
The plan provides a joint life cover wherein the death benefit is payable in the event of death of any of the life
Death Benefit: In case of the demise of the insured person the beneficiary of policy LC Jeevan Anand is payable of total sum assured amount along with the simple reversionary bonus and the tenure of the policy continues to be inforce.
The guaranteed death benefit is not payable in case the life insured (whether sane or insane) commits suicide within 12 months from the date of policy commencement.
The Death Benefit promised by the contract is a fixed obligation calculated to be payable at the end of life expectancy, which may be 50 years or more in the future.
Death Benefits: In case of the insured's death, Higher of, Sum Assured Or, Guaranteed Maturity Benefits are subject to a minimum 105 % of all premiums paid till death is payDeath Benefits: In case of the insured's death, Higher of, Sum Assured Or, Guaranteed Maturity Benefits are subject to a minimum 105 % of all premiums paid till death is paydeath, Higher of, Sum Assured Or, Guaranteed Maturity Benefits are subject to a minimum 105 % of all premiums paid till death is paydeath is payable.
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