Sentences with phrase «death during the tenure of the plan»

In case of death during the tenure of the plan, the Sum Assured on death is payable which will be higher of Sum Assured or 10 times the annualized premium with a minimum of 105 % of aggregate premiums paid till demise of the insured

In case of death during the tenure of the plan, the Sum Assured on death is payable which should be higher of Sum Assured or 10 times the annualized premium with a minimum of 105 % of aggregate premiums paid till death and vested bonuses

In case of death during the tenure of the plan, the Sum Assured on death is payable which is higher of Sum Assured or 10 times of annualized premium to a minimum value of 105 % of aggregate premiums paid till death and vested bonuses with accrued Guaranteed Additions

In case of death during the tenure of the plan, the Sum Assured on death is payable which will be higher of Sum Assured or 10 times the annualized premium with a minimum of 105 % of aggregate premiums paid till death and vested bonuses with accrued Guaranteed Additions

The plan promises multiple benefits in case of insured's death during the tenure of the plan.

Not exact matches

In case of death of the insured during the tenure of the plan, the basic Sum Assured chosen at the time of buying the plan is paid subject to a minimum of 105 % of all premiums paid till the date of death.

Under another benefit called the Funding of Future Premiums, in case of death of the insured during the tenure of the plan, the company waives off the premiums and pays it towards the plan itself.

If the insured dies during the tenure of the plan, the Guaranteed Death Benefit along with the accrued Paid - up Additions and any Terminal Bonus is paid to the nominee

In case of death of the insured during the plan tenure, higher of the Sum Assured including top - up Sum Assured or 105 % of all premiums paid including top - up premiums paid is paid immediately on death of the insured.

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.

These term plans are called level term plans in industry parlance as the nominees receive the same level of death benefit if the worst comes to pass during the tenure of the term policy.

The policyholder may additionally choose the disability benefit option under which, in case of death or disability of the insured during the tenure of the plan, the aggregate of all future premiums is paid which can be availed immediately in lump sum or can be invested in the fund where it will attract market linked returns.

Under the second option, Option B, in case of death of the insured during the tenure of the plan, 30 % - 80 % of the Sum Assured can be availed by the policyholder as per his choice and 110 % of the balance amount is paid over a period of 5 years in monthly instalments.

In case of death of the insured during the tenure of the plan, the Death Benefit is paid which is higher of the Sum Assured or 10 times the annual premium paid or 105 % of total premiums paid till the date of death or the maturity Sum Asdeath of the insured during the tenure of the plan, the Death Benefit is paid which is higher of the Sum Assured or 10 times the annual premium paid or 105 % of total premiums paid till the date of death or the maturity Sum AsDeath Benefit is paid which is higher of the Sum Assured or 10 times the annual premium paid or 105 % of total premiums paid till the date of death or the maturity Sum Asdeath or the maturity Sum Assured

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.

Under this Max Life term plan, in case of death during the chosen tenure, the death benefit is paid which is equal to the Sum Assured

In case of death of the insured during the plan tenure, the death benefit is higher of the basic Sum Assured net of partial withdrawals or the Fund Value including loyalty additions 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

In case of death of the insured during the plan tenure, the death benefit is higher of the basic Sum Assured including top - up Sum Assured or the Fund Value including top - up fund value or 105 % of all premiums paid till the date of death

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

In case of death of the insured during the plan tenure, the death benefit is higher of the basic Sum Assured including top - up Sum Assured net of partial withdrawals or the Fund Value including top - up fund value or 105 % of all premiums paid till the date of death

In case of death of the insured during the tenure of the plan, higher of the available Sum Assured as on the date of death or 10 times the annual premium or 105 % of all premiums paid till death is payable to the nominee

In case of death of the insured during the tenure of the plan, higher of the Guaranteed Sum Assured on death or 10 or 7 times the annual premium depending on the age of the insured is paid along with the vested bonuses subject to a minimum of 105 % of all premiums paid till the date of death.

In case of death of the insured during the tenure of the plan, higher of the chosen Sum Assured or 10 times the annual premium is paid to the nominee subject to a minimum of 105 % of all premiums paid till the date of death.

Under Option B, in case of death of the insured during the tenure of the plan, the Sum Assured and an additional Accidental Death Benefit is paid to the nomdeath of the insured during the tenure of the plan, the Sum Assured and an additional Accidental Death Benefit is paid to the nomDeath Benefit is paid to the nominee.

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.

In case of death of the insured during the tenure of the plan, all future premiums are waived off and the plan continues.

On death of the insured during the tenure of the plan, higher of the basic Sum Assured including any top - up Sum Assured or 105 % of all premiums paid till the date of death is paid immediately to the nominee.

Under Option A, in case of death of the insured during the tenure of the plan, the Sum Assured is paid to the nominee

If the chosen Benefit Payment Preference is Save - n - Gain under any of the plan option, in case of death or critical illness suffered by the insured during the tenure of the plan, the Sum Assured is paid to the beneficiary who is the child, all future premiums are waived off and 50 % of the premiums are paid by the company towards the plan and 50 % to the beneficiary on every premium due date and the plan continues.

A unit linked child insurance plan which provides market related returns while at the same time taking care of the child's future.Guaranteed Loyalty Additions are added to the fund @ 3 % of the average fund value in the preceding three years.The fund value is paid on maturity of the plan and in case of death of the insured during the tenure of the plan; the Sum Assured is paid immediately.

In case of death of the insured during the tenure of the plan, the Sum Assured is payable which should be a minimum of 125 % or 110 % of the single premium paid depending on the age of the policyholder.

In case of death of the insured during the tenure of the plan, the Sum Assured is payable to the nominee subject to a minimum of 105 % of all premiums paid till the date of death.

The policyholder can nominate a person (the beneficiary) to receive the Death Benefit in the event of the demise of the life insured or make a change in nomination at any time during the tenure of the plan, provided the plan is in force, by submitting a written request to the insurance company.

On death of the insured during the tenure of the plan, higher of the basic Sum Assured including any top - up Sum Assured net of partial withdrawals or 105 % of all premiums paid till the date of death and the Fund Value including any top - up fund value is paid to the nominee.

Level Term Assurance — the chosen Sum Assured remains the same throughout the tenure of the SBI term insurance plan and on death of the life insured during the term, the Sum Assured is paid to the nominee

Some insurers offer Waiver of Premium Rider or self - funding of premium in case of death of the applicant during the tenure of the child plan.

Increasing Term Assurance — an option under which the Sum Assured chosen at the time of inception of the SBI term insurance policy increases every year @ 5 % and on death of the insured during the SBI term insurance plan tenure, the Sum Assured as on the date of death is paid to the nominee

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 Guaranteed Sum Assured or 10times the annual premium paid or 105 % of all premiums paid till the date of death.

Term insurance is the simplest form of life insurance plan that offers comprehensive life coverage over a period of time and in case the insured person dies during the tenure of the policy, the guaranteed death benefit is payable to the nominee of the policy.

On death of the insured during the tenure of the plan, higher of the basic Sum Assured including any top - up Sum Assured net of partial withdrawals or 105 % of all premiums paid till the date of death or the Fund Value including any top - up fund value is paid to the nominee.

Level Cover — the chosen Sum Assured remains the same throughout the tenure of the SBI Life eShield plan and on death of the life insured during the term, the Sum Assured is paid to the nominee

On death or terminal illness of the insured during the policy tenure, the Sum Assured is given in equated monthly instalments for such time which will be equal to the term of the plan chosen.

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 Maturity Sum Assured or 10 times the annual premium paid or 105 % of all premiums paid till the date of death.

In case of death of the insured during the tenure of the plan, the Sum Assured is paid to the nominee subject to a minimum of 105 % of all premiums paid till the date of death.

In case of death of the insured during the plan tenure, a benefit higher of 105 % of all premiums paid including any top - up premiums paid or aggregate premiums paid including any top - up premiums compounded @ 1 % or the available balance in the Individual Pension Account is payable to the nominee

Decreasing Term Assurance (Family Income Protection)-- an option under which the Sum Assured decreases every year and on the death of the insured during the SBI term insurance plan tenure, the applicable Sum Assured as on the date of death is paid to the nominee

In case of death of the insured during the plan tenure, the death benefit is higher of the basic Sum Assured including top - up Sum Assured or the Fund Value or 105 % of all premiums paid till the date of death

In case of death of the insured during the tenure of the plan, a Guaranteed Death Benefit is paid which is higher of the Sum Assured or 10 times the annual premium paid subject to a minimum of 105 % of total premiums paid till the date of ddeath of the insured during the tenure of the plan, a Guaranteed Death Benefit is paid which is higher of the Sum Assured or 10 times the annual premium paid subject to a minimum of 105 % of total premiums paid till the date of dDeath Benefit is paid which is higher of the Sum Assured or 10 times the annual premium paid subject to a minimum of 105 % of total premiums paid till the date of deathdeath.

In case of death of the insured during the plan tenure, higher of the Fund Value net of partial withdrawals or the Sum Assured is paid to the nominee