Sentences with phrase «death of the annuitant within»

Death Benefit — In case of death of the Annuitant within the Policy Tenure, the nominee will receive the following: -

In case of death of the Annuitant within the Policy Tenure, the nominee will receive 101 % of Total Premiums paid till date + Bonuses

In case of death of the Annuitant within the Policy Tenure, the nominee will receive 101 % of Total Premiums paid till date + Bonuses, subject to a minimum of 105 % of total premiums paid till date as Death Benefit which can be taken by the nominee as a lumpsum or as annuity.

In case of death of the Annuitant within the Policy Tenure, the higher of Fund Value or 101 % of single premium + Top Up (if any) is accumulated as Death Benefit which can be taken by the nominee as a lumpsum or as annuity.

In case of death of the Annuitant within the Policy Tenure, the nominee will receive the Total Premiums paid to date accumulated at a Guaranteed Rate of 6 % p.a. compounded annually as Death Benefit which can be taken by the nominee as a lumpsum or as annuity and the policy terminates.

Not exact matches

When the annuitant dies, the owner must select a new annuitant within 60 days of the date of the annuitant's death.

Here, if the annuitant were to die within the protected period, the enhanced death benefit will be the greater of the minimum benefit amount, less monthly income received, and the early death benefit.

In the case of the annuitant's death within 7 years, 100 % of the total premiums shall be paid to the beneficiaries.

Here, if the annuitant were to die within the protected period, the enhanced death benefit will be the greater of the minimum benefit amount, less monthly income received, and the early death benefit.

The Death Benefit or Annuity Benefit is paid to the nominee if the annuitant commits suicide within one year of the policy commencement date.

All insurance riders offered within variable contracts and policies fall into one of two categories; living benefit riders generally guarantee some sort of defined payout while the insured or annuitant is still alive, while death benefit riders protect against declines in contract values due to market conditions for beneficiaries.

However, if the Annuitant dies within the policy tenure, the higher of Fund Value or 105 % Total Premiums paid, are accumulated as Death Benefit.

However, if the Annuitant dies within the policy tenure, the higher of Fund Value or 101 % of single premium + Top Up (if any) is accumulated as Death Benefit.

If the Annuitant dies within the policy tenure, the higher of Fund Value or 101 % of single premium + Top Up (if any) is accumulated as Death Benefit which can be taken by the nominee as a lumpsum or as annuity