Sentences with phrase «death of the last survivor»

with 100 % purchase price on death of the last survivor.

At the time of death of the last survivor, 100 % of the purchase price of the policy (excluding all taxes and cesses) will be received by the nominee

Annuity for life with 100 % annuity for spouse after the annuitant's death and also Return of Purchase Price after death of the last survivor

For Joint Life Last Survivor Annuity for Life option, the outstanding annuity proceeds will be payable till death of the last survivor and after death, no annuity is payable.

Joint Life Last Survivor with Return of Purchase Price on death of Last Survivor (100 % of annuity to spouse)

Simply put, second to die or survivorship life insurance differs from all the other types of life insurance because it insures the lives of two people AND only pays a death benefit upon the death of the last survivor.

Wherein, at the time of the death of the last survivor, 100 % of the purchase price (minus taxes and cesses) is received by the nominee».

On the death of the last survivor, the payments will be stopped.

Joint Life Annuity for life with return of premium (ROP) payable on the death of the last survivor, which enables the annuitants to receive a pre-decided, fixed, guaranteed amount, provided at least one of the annuitants is alive.

Annuity for life with a provision for 100 % of the annuity payable to the spouse of the annuitant for life on death of the annuitant, with return of purchase price on the death of last survivor.

The purchase price will be returned on the death of the last survivor.

Simply put, second to die or survivorship life insurance differs from all the other types of life insurance because it insures the lives of two people AND only pays a death benefit upon the death of the last survivor.

On the death of the last survivor, 100 % of the purchase price (excluding all applicable taxes, cesses and levies as imposed by the Government) will be paid to your nominee.

After the death of the last survivor (spouse); the plans closes.

Payments will cease on the death of the last survivor (annuitant).

Joint Life, Last survivor with 100 % annuity to the secondary annuitant on death of the primary annuitant with Return of 100 % of purchase price on the death of the last survivor: The annuity installments are payable at a constant rate till survival of any one of the two annuitants.

On the death of the last survivor, 100 % of the purchase price shall be payable to your nominee.

Payments will terminate on the death of the last survivor (annuitant).

→ Annuity for life with provision of 100 % of the annuity payable to spouse during his / her time on death of policy holder with return of purchase price on death of last survivor.

Annuity for life with a provision for 100 % of the annuity payable to spouse on death of annuitant with return of purchase price on death of the last survivor.

The purchase price will be returned on the death of last survivor.