Sentences with phrase «death of the policyholder higher»

On death of the policyholder higher of the SA on death + accrued reversionary bonuses and Terminal Bonus if any or 105 % of all premiums paid till death is payable

Not exact matches

Death Benefit — When the policyholder dies the beneficiary receives the Base Sum Assured or 10 times the annual premium and accrued bonuses or 105 % of all premiums paid till the death, whichever is hiDeath Benefit — When the policyholder dies the beneficiary receives the Base Sum Assured or 10 times the annual premium and accrued bonuses or 105 % of all premiums paid till the death, whichever is hideath, whichever is higher.

On death of the policyholder, higher of the total premiums paid compounded monthly @ 1 % p.a. + accrued Guaranteed Additions + vested bonuses or 105 % of all premiums paid is payable

That means more premiums paid and, for the 20 percent of joint policies that are made up of term life insurance, a higher chance that the death benefit won't be paid out at all (because the policies will expire before the policyholders do).

On death of the policyholder, an amount which will be higher of the fund value as on the date of death or the Guaranteed Death Benefit is payable to the nomdeath of the policyholder, an amount which will be higher of the fund value as on the date of death or the Guaranteed Death Benefit is payable to the nomdeath or the Guaranteed Death Benefit is payable to the nomDeath Benefit is payable to the nominee.

Under this HDFC life term plan, the nominee will receive on death of the policyholder, higher of sum assured or 10 times the annualised premium or 105 % the total premiums paid as on the date of death

In the event of the death of the policyholder, the beneficiary will receive Rs. 50 lakh, the higher of sum assured (Rs. 50 lakh) or fund value (Rs. 28 lakh).

On death higher of 125 % or 110 % of the Single Premium paid depending on the age of the policyholder or the Guaranteed Maturity Benefit is paid

If the policyholder survives till the completion of the Premium Paying Term, the Sum Assured on Maturity is paid and in case of death during this period, the Sum Assured on death which is higher of the Sum Assured on maturity or 11 times the annual premium is paid with the accrued reversionary bonuses.

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, the nominee of the policyholder receives the higher of the fund value or sum assured amount or 105 % of the total premiums paid.

On death of the policyholder, the nominee gets the death benefit which is higher of the Sum Assured / 10 times Annual Premium / 105 % of total premiums paid

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

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

Under the Classic Waiver option, the death benefit will be higher of the Sum Assured on Maturity or 10 / 7 times the annual premium depending on the age of the policyholder or 105 % of all premiums paid till the date of death.

On the death of the policyholder, higher of the SA + vested bonuses that includes Interim Bonus along with Terminal Bonus and accrued Additions or 105 % of all premiums paid is paid to the nominee.

In case of death of the policyholder, the nominee gets higher of the basic SA or 10 / 7 times the annual premium or 105 % of all premiums paid as death benefit.

On death of the policyholder, higher of the basic SA on Maturity including Simple reversionary bonuses and Terminal Bonus, if any, or 11 times the annual premiums subject to a minimum of 105 % of premiums paid is payable

On death of the policyholder, higher of the Sum Assured including top - up Sum Assured or 105 % of all premiums paid till death or Fund Value including top - up Fund Value is paid

In an unfortunate event of the policyholder's death, the nominee (child) receives the Death Benefit that is higher amongst the Maturity Sum Assured, 10x of the annual premium and 105 per cent of the premiums death, the nominee (child) receives the Death Benefit that is higher amongst the Maturity Sum Assured, 10x of the annual premium and 105 per cent of the premiums Death Benefit that is higher amongst the Maturity Sum Assured, 10x of the annual premium and 105 per cent of the premiums paid.

In addition to higher premiums, insurance companies that issue guaranteed life policies protect themselves against risk in two additional ways: (1) by offering relatively low payouts, and (2) by typically not providing a death benefit during the first two years after issuing the policy (if the policyholder dies during this time, the company issues a refund of premiums instead).

On death of the policyholder, higher of the Sum Assured or 105 % of all premiums paid till death or (0.5 * term * annual premium) is paid

On death of the policyholder, a sum higher of the Basic SA / 10 times the annual premium / 105 times total premiums paid / total premiums paid is paid to the nominee

On death of the policyholder, higher of the Sum Assured including Top - up Sum Assured net of Partial Withdrawals or Fund Value including Top - up Fund Value or Minimum Death Benefit is padeath of the policyholder, higher of the Sum Assured including Top - up Sum Assured net of Partial Withdrawals or Fund Value including Top - up Fund Value or Minimum Death Benefit is paDeath Benefit is payable

Premiums for graded benefit life insurance policies are generally higher than those for standard life insurance policies since the policyholder presents greater risk of a death claim to the insurance company.

In addition to the potential for higher earnings on cash value balances, policyholders of universal life contracts have flexibility in terms of the level of total death benefit, premium amounts paid and payment frequency.

In case of death, the nominee will get a higher fund value of the policy or 105 % of the premium amount paid till the death of the policyholder.

Guaranteed Death Benefit + Accrued Paid - up Additions (if any) + Terminal Bonus (if any) Here, the Guaranteed Death Benefit is computed as the highest of 11 times the Annualised Premium or 105 % of all premiums paid by the Policyholder as on the date of death of the Life Insured or Guaranteed Maturity Sum Assured chosen by the Policyholder at the time of taking the poDeath Benefit + Accrued Paid - up Additions (if any) + Terminal Bonus (if any) Here, the Guaranteed Death Benefit is computed as the highest of 11 times the Annualised Premium or 105 % of all premiums paid by the Policyholder as on the date of death of the Life Insured or Guaranteed Maturity Sum Assured chosen by the Policyholder at the time of taking the poDeath Benefit is computed as the highest of 11 times the Annualised Premium or 105 % of all premiums paid by the Policyholder as on the date of death of the Life Insured or Guaranteed Maturity Sum Assured chosen by the Policyholder at the time of taking the podeath of the Life Insured or Guaranteed Maturity Sum Assured chosen by the Policyholder at the time of taking the policy.

Death Benefits: If the policyholder dies during the term of the policy or after the premium paying term (PPT), the nominee shall be paid the higher of

The conversion feature of renewable and convertible term allows policyholders to enjoy higher death protection than they could otherwise afford and later allows them to lock - in their premiums and build cash values when their ability to pay premiums increases.

Since the mortality rate for whole life policyholders is higher than other types of life insurance, and the death benefit and periodic premiums are guaranteed, the premiums for whole life insurance are much higher than term insurance.

If in any case, the death of policyholder occurs the market price of the money invested or the sum assured, whichever is the higher amount is paid to the beneficiary of the policy.

Death Benefit: Upon the death of a single pay policyholder, Highest of 125 % of single premium or sum assured or absolute sum assured will be payable to the nomDeath Benefit: Upon the death of a single pay policyholder, Highest of 125 % of single premium or sum assured or absolute sum assured will be payable to the nomdeath of a single pay policyholder, Highest of 125 % of single premium or sum assured or absolute sum assured will be payable to the nominee.

On death of the policyholder, higher of the Sum Assured net of partial withdrawals made in the last 2 years if the age attained was less than 60 years orFund Value subject to a minimum of 105 % of all premiums paid till death is payable

On death of the policyholder, higher of the Sum Assured including top - up Sum Assured net of partial withdrawals made 24 months prior to death or Fund Value including top - up Fund Value is paid subject to a minimum of 105 % of all premiums paid till death under the Smart Invest variant

On death of the policyholder, the death benefit under both the options will be higher of the SA on death or 105 % of all premiums paid + vested reversionary bonuses, Guaranteed Additions and terminal bonus, if any

On death of the policyholder, higher of the basic SA plus Guaranteed Additions till date or 10 times the annual premiums or 105 % of premiums paid till death is payable

On death of the policyholder, higher of the Sum Assured or 105 % of premiums paid including top - up premiums or total premiums paid including top - up premiums compounded @ 1 % p.a. or the Account Value is paid through bank transfer

The nominee gets the Sum Assured (SA) on death of the policyholder which is higher than 10 times the annual premium or 105 % of all premiums paid till death under the Lump sum Benefit option.

On death of the policyholder, higher of the basic SA including Guaranteed Additions till date of death or 105 % of premiums paid

· On death of the policyholder, higher of the Sum Assured including top - up Sum Assured net of partial withdrawals made 2 years prior to death or the Fund Value including the top - up Fund Value is payable to the nominee if age attained was less than 60 years

On demise of the policyholder, higher of the sum assured including top - up sum assured excluding the partial withdrawals or fund value including top - up fund value or minimum death benefit is payable.

Similarly, longer the tenure of the policy, higher will be the premium, because the insurance company is covering the risk of the policyholder's death for a longer period.

· On death of the policyholder, higher of the guaranteed Sum Assured on death or 10 or 7 times the annual premium subject to a minimum of 105 % of all premiums paid

As the death benefit the death Sum Assured is paid which is higher of the maturity Sum Assured or 10 or 7 times the premium payable yearly depending on the age of the policyholder.

If the policyholder dies at the age of 50 years or above, the nominee will receive the Sum Assured including Top - up sum assured net of partial withdrawals or Minimum Death Benefit or Fund Value including Top - up Fund Value (Whichever is higher).

On death of the policyholder, higher of the Sum Assured SA net of partial withdrawals made in the last 2 years if the age attained was less than 60 years or Fund Value subject to a minimum of 105 % of all premiums paid till death is payable

On death of the policyholder, higher of the Sum Assured or Fund Value or 105 % of premiums paid is payable to the nominee

If the policyholder engages in any of the specified high - risk sports outside a trained professional's supervision, and thereby suffers permanent disability or death, the company will reject the claim.