10 % of Sum assured benefit after
death till maturity period and at the end of policy Sum assured + vested bonus + FAB is beneficial to the customer.
The death SA can be taken either in lump sum or 100 % of the base SA is payable on death and GMM * Base SApayable on the maturity date and 2 % of the base SA to be paid in monthly instalments from
death till maturity date for a minimum of 36 months
There is an option of adding the Income Benefit Rider wherein, in case of death of the insured, 10 % of the rider Sum Assured will be paid to the beneficiary every year post
death till the maturity of the plan in addition to the death benefit payable as above.
Not exact matches
Since the plan also ensures that if he were to survive
till the end of the policy term, he will receive all the premiums that he has paid over the entire term thus ensuring that he receives commensurate benefits for the premiums he invests whether it is in the form of the
Death Benefit or
Maturity Benefit.
Get Higher of Sum Assured on
Maturity or 11 times the base annualized Premium or 105 % of premiums paid
till date of
death, in case of an unfortunate event of
death of the life insured.
Reversionary bonuses accrue from the 6th policy year
till maturity or
death under this Kotak Life plan
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.
Annuity plans necessitate the insurer to pay the insured income at regular intervals until his
death or
till maturity of the plan.
The Guaranteed
Death Benefit is defined as higher of 11 times the annual premium or 105 % of the total premiums paid till the date of death or the Guaranteed Maturity Sum Assured chosen at the time of inception of the
Death Benefit is defined as higher of 11 times the annual premium or 105 % of the total premiums paid
till the date of
death or the Guaranteed Maturity Sum Assured chosen at the time of inception of the
death or the Guaranteed
Maturity Sum Assured chosen at the time of inception of the plan.
On
death, the Sum Assured on
death is payable which is equal to the
maturity Sum Assured or 10 times the annual premium subjected to a minimum of 105 % of aggregate premiums paid
till death and the vested bonuses
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
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
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 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 As
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 As
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 As
death or the
maturity Sum Assured
In case of
death of the insured, the
death benefit paid will be higher of the Sum Assured or 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, the
death benefit paid 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.
If joint life plan, on
death of the first policyholder, the sum assured is paid out but the plan remains in force
till the
death of the second life or
till the end of the policy term, whichever is earlier Additional sum assured is paid if the second life also dies prior to
maturity
All future premiums are waived off and paid for by the company under the Additional Savings Benefit, an amount equal to an annual premium is paid every year
till the end of the term under the Income Benefit and on
Maturity, total Fund Value including the top - up Fund Value which was automatically allocated to the Secure Fund on
death is paid
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.
Guaranteed Cash Benefits @ 1 % of the Guaranteed
Maturity Benefit in case of monthly mode or 11.5 % in case of annual mode is paid from the end of PPT
till end of term or
death whichever is earlier
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.
In case of
death higher of the Sum Assured on
maturity or 10 / 7 times the annual premium including the guaranteed additions, vested bonuses and terminal bonus, if any, is paid subject to a minimum of 105 % of all premiums paid
till the date of
death
As the name suggests, this whole life endowment plan continues to provide coverage
till the
death of the insured even after the
maturity of the plan.
Death Benefits: In case of the insured's death, Higher of, Sum Assured Or, Guaranteed Maturity Benefits are subject to a minimum 105 % of all premiums paid till death is pay
Death Benefits: In case of the insured's
death, Higher of, Sum Assured Or, Guaranteed Maturity Benefits are subject to a minimum 105 % of all premiums paid till death is pay
death, Higher of, Sum Assured Or, Guaranteed
Maturity Benefits are subject to a minimum 105 % of all premiums paid
till death is pay
death is payable.
The premium waiver is particularly important as in case of the
death of the parent, the insurer waives off future premiums while continuing to fund the insurance policy
till maturity.
Even in case of
death of the Life Assured, the
Maturity Benefit will be payable if all Installment premiums due
till date of
death of the Life Assured have been received in full.
firstly sum assured upon
maturity, secondly the survival benifits @ 5.5 % of the sum assured
till the time you are alive, and third and last upon your
death Sum assured + Loyalty additions paid to your nominee.
LIC agent has approached me for new endowment plan for 16 years, sum assured Rs. 9,00,000, premium is Rs. 60,000 pa,
maturity benefits is Rs. 21,24,187 after
maturity if I opt for pension plan Rs. 16,197 pm
till the
death of policy holder at his
death maturity benefit amount will be paid to nominee.
Under this rider, in case of accidental disability, the future premiums are waived off but the plan continues
till maturity or
death paying the promised benefits as and when they accrue.
Sum assured: 10.67 lakh Policy term: 25 years Annual premium: 45000
Maturity value: 13.67 lakh approx at time of maturity guaranteed, plus an annual pension of something between 50000 to 1 lakh claimed till death plus 10.67 (sum assured) at death to
Maturity value: 13.67 lakh approx at time of
maturity guaranteed, plus an annual pension of something between 50000 to 1 lakh claimed till death plus 10.67 (sum assured) at death to
maturity guaranteed, plus an annual pension of something between 50000 to 1 lakh claimed
till death plus 10.67 (sum assured) at
death to nominee.
Policy continues even after the
death of policyholder
till the
maturity and nominee get the
maturity value of the policy at the end of the policy.
In the event of
death / disability of life assured or the proposer (parent), the future premiums in the plan are waived off and the policy continues
till maturity.
If the policy holder dies, higher of the
maturity sum assured 10 * annual premium or 105 % of premiums paid
till death is paid to the nominee.
A guaranteed Income of 8 % of Sum Assured p.a. is paid from the completion of the PPT
till maturity or
death
In case of sudden demise of the insured parent, the
death benefit payable is higher of 10 times the annual premium or 105 % of all premiums paid
till death or
maturity Sum Assured or the absolute Sum Assured.
Guaranteed
Death Benefit is higher of the SA or Maturity SA or 10 times the annual Premium or 105 % of all premiums paid till
Death Benefit is higher of the SA or
Maturity SA or 10 times the annual Premium or 105 % of all premiums paid
till deathdeath
A regular annual payout called the Money Back benefit @ 5.5 % of the SA on
Maturity is paid form one year after the completion of the PPT till maturity
Maturity is paid form one year after the completion of the PPT
till maturity maturity or
death
It means, on
death or accidental permanent disability of the life assured, all future premiums will be waived and the policy will remain effective and will continue
till the
maturity date.
SA on
death is the higher of the basic SA or
Maturity SA or 10 times the annual premium subject to a minimum of 105 % of all premiums paid
till death
SA on
death is higher of 11 times the annual premium or minimum guaranteed SA on
Maturity subject to a minimum of 105 % of all premiums paid
till death
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.
The plan also provides regular income post the premium paying term
till maturity or
death thereby combining protection and income needs.
In case of
death of the insured during the tenure of the plan, the Death Sum Assured which is higher of 10 or 7 times the annual premium depending on the age of the insured or the basic Sum Assured multiplied by the Guaranteed Maturity Factor is paid to the nominee subject to a minimum amount of 105 % of all premiums paid till the date of d
death of the insured during the tenure of the plan, the
Death Sum Assured which is higher of 10 or 7 times the annual premium depending on the age of the insured or the basic Sum Assured multiplied by the Guaranteed Maturity Factor is paid to the nominee subject to a minimum amount of 105 % of all premiums paid till the date of d
Death Sum Assured which is higher of 10 or 7 times the annual premium depending on the age of the insured or the basic Sum Assured multiplied by the Guaranteed
Maturity Factor is paid to the nominee subject to a minimum amount of 105 % of all premiums paid
till the date of
deathdeath.
Death Benefits: If the insured dies before the maturity, then the nominee gets the sum assured on death subject to a minimum of 105 % of the total premium amounts paid till death + accrued Fixed Regular Addi
Death Benefits: If the insured dies before the
maturity, then the nominee gets the sum assured on
death subject to a minimum of 105 % of the total premium amounts paid till death + accrued Fixed Regular Addi
death subject to a minimum of 105 % of the total premium amounts paid
till death + accrued Fixed Regular Addi
death + accrued Fixed Regular Additions
10 times the annual premium, or 105 % of all premiums paid
till the date of
death, or Guaranteed sum assured on
maturity, or Base Sum Assured
Endowment with Whole Life: This will include benefit under endowment option + Sum Assured on
Maturity payable on survival
till 100 years of age or
death, whichever is earlier
In case of
death of the insured during the tenure of the plan, the
death benefit payable will be higher of the Sum Assured which is the annual premium multiplied by the Sum Assured multiple or
maturity Sum Assured or 105 % of premiums paid
till death
On
death during the policy term higher of 10 times the annual premium or 125 % of annual premiums paid
till death or lumps sum amount payable on
maturity
In case of unfortunate event of
death of policy holder, 10 % of sum assured will be paid on every policy anniversary
till the policy
maturity.
Sum Assured on
Death, which is calculated as the higher of Sum Assured or the Guaranteed Maturity Benefit, subject to the guaranteed death benefit of 105 % of the total premiums paid till the date of
Death, which is calculated as the higher of Sum Assured or the Guaranteed
Maturity Benefit, subject to the guaranteed
death benefit of 105 % of the total premiums paid till the date of
death benefit of 105 % of the total premiums paid
till the date of
deathdeath
Option 3 — in case of Mr. Sharma's
death during the plan term, higher of the Sum Assured on
Maturity, 105 % of premiums paid
till death, 10 times the annual premium or absolute amount assured payable on
death is paid to the nominee.