If a policyholder of the Amulya Jeevan II Plan meets with
death during the tenure of the policy, then it may apply to the beneficiaries or nominees of the policyholder the sum assured by the policyholder.
In the event of accidental
death during the tenure of the policy (provided the life assured is aged 18 years & above on the date of death), an additional sum assured is payable apart from the death benefit mentioned above as per the policy terms and conditions.
In the event of accidental
death during the tenure of the policy the company will pay reduced accidental death benefit.
Not exact matches
Death Benefit - In case of uncertain demise of the insured person during the tenure of the policy the death benefit is provided to the beneficiary of the policy as basic sum assured along with vested simple reversionary bonus and terminal bonus if
Death Benefit - In case
of uncertain demise
of the insured person
during the
tenure of the
policy the
death benefit is provided to the beneficiary of the policy as basic sum assured along with vested simple reversionary bonus and terminal bonus if
death benefit is provided to the beneficiary
of the
policy as basic sum assured along with vested simple reversionary bonus and terminal bonus if any.
In the event
of the unfortunate
death of the insured (parent)
during the
policy tenure, insurance companies often offer to waive the premium.
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.
All the bonus amounts acknowledged at the end
of the premium payment term will be paid out at the end
of the
policy term or on the policyholder's
death during the
policy tenure.
Similarly, a higher cover means that the insurer will incur heavy losses in case
of your
death during the
policy tenure.
In the unfortunate event
of the child's
death during the
policy tenure, the sum assured along with the guaranteed additions are paid out and the
policy terminates.
The nominees
of the
policy can claim
death benefits from the insurer in the event
of death of the insured
during the
tenure of the
policy.
Death Benefit - In case of unfortunate death of the policyholder during the tenure of the policy, the beneficiary of the policy receives the death benefit as the sum assured amount, which is 105 % of the total premium paid till de
Death Benefit - In case
of unfortunate
death of the policyholder during the tenure of the policy, the beneficiary of the policy receives the death benefit as the sum assured amount, which is 105 % of the total premium paid till de
death of the policyholder
during the
tenure of the
policy, the beneficiary
of the
policy receives the
death benefit as the sum assured amount, which is 105 % of the total premium paid till de
death benefit as the sum assured amount, which is 105 %
of the total premium paid till demise.
If the insured person dies
during the
tenure of the
policy, then the
death benefit is paid to the nominee
of the
policy i.e. the child as the sum assured amount, which is 105 %
of the total premium paid till demise.
In consideration
of nominal premium amount, it provides a
death benefit in the form
of guaranteed Sum Assured to the dependants upon the demise
of the policyholder
during the
policy tenure.
In case
of death during policy tenure your nominee or family will get higher
of Sum Assured, Sum Assured at Maturity or 125 %
of the Single Premium.
In case
of death during policy tenure, the insurer will give a
death benefit.
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
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 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.
If the life insured dies
during the
tenure of the
policy, then the nominated person receives the
death benefit and this
policy terminates
Death Benefit: In case
of sudden demise
of the policyholder
during the
tenure of the
policy, the Sum Assured at the time
of Death along with the acquired Bonuses are paid to the person nominated by the policyholder.
Along with the
death benefit offered to group members
during the
tenure of the
policy, the plan also offers many more additional benefits like:
Death Benefit: In case of your death during the policy tenure, your family will get the pension amount as per the annuity sele
Death Benefit: In case
of your
death during the policy tenure, your family will get the pension amount as per the annuity sele
death during the
policy tenure, your family will get the pension amount as per the annuity selected.
And that she, as a nominee will receive the sum assured (
death benefit), in case
of him passing away
during the
policy tenure.
Death Benefit: In case of death during policy tenure, 10 % of sum assured will be paid to family till maturity pe
Death Benefit: In case
of death during policy tenure, 10 % of sum assured will be paid to family till maturity pe
death during policy tenure, 10 %
of sum assured will be paid to family till maturity period.
Such plans enable your family members to repay the remaining debt amount in case
of your untimely
death during the
policy tenure.
In case
of demise
of the life insured
during the
tenure of the
policy, provided all premiums are paid, sum assured on
death plus terminal bonus plus vested bonus is payable to the nominee.
It may not provide return
of the premiums paid
during the
tenure, but in case
of the policyholder's demise, the
policy provides
death benefit to the beneficiary.
On the
death of the parent
during the
policy tenure the sum assured is paid by the insurance company.
The main feature
of LIC's New plan — Jeevan Umang is it provides annual Survival Benefits from the end
of the PPT (Premium Paying Term) till
policy maturity and also pays lump sum amount at the time
of maturity (or) on
death of the policyholder (
during the
policy tenure).
Scenario II: In the event
of death of Mr. Rao
during the
tenure of the
policy, the
policy pays Rs 10 Lacs with applicable bonuses to his family.
In the event
of death of the life insured
during the
policy tenure, the nominee will receive Sum assured on
death plus Accrued Reversionary Bonuses plus Terminal Bonus.
Policy Tenure: Term life insurance is usually for a period of 5, 10, 15, 30, or up to 75 years and death benefits are given only when the insured expires during the term of the p
Policy Tenure: Term life insurance is usually for a period
of 5, 10, 15, 30, or up to 75 years and
death benefits are given only when the insured expires
during the term
of the
policypolicy.