Sentences with phrase «death till the end of policy»

■ The additional death benefit can be taken as lump sum or as 25 % of basic sum assured paid at the end of the each last four years and family income benefit as 1 % of the basic sum assured at the end of every month following the date of death till the end of the policy term but not less than 36 monthly payments.

o Monthly Income Benefit: In case of death of the life insured during the policy term, the nominee is entitled to receive the monthly income that starts from the date of death till the end of the policy term, subject to a guaranteed payout for a minimum period of 36 months.

An amount equal to the Annualised Premium is paid to the beneficiary at the start of every Policy year from the date of death till the end of the Policy Term.

Income Benefit - An amount equal to the Annualized Premium is paid to the beneficiary at the start of every policy year following the date of death till the end of the Policy Term.

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.

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

In the event of death of the policyholder, the future premiums are waived off through the inbuilt Waiver of Premium rider but the policy continues to run till the end of policy term

In this plan death benefits given to the nominee is the fund value of your policy or 105 % of the premium paid till the end, whichever is higher.

Family Income Benefit (FIB)-- An amount equal to 10 % of the Sum Assured will be paid on each Policy anniversary following or coinciding with the Date of Death of the Life Insured till the end of the Policy Term, but not exceeding 10 such installmentsa

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 pPolicy continues even after the death of policyholder till the maturity and nominee get the maturity value of the policy at the end of the ppolicy at the end of the policypolicy.

The Policy will continue even after the Death of the Life Insured till the end of the Policy Term.

In addition, the nominee also gets the Income Benefit, which is 10 % of the Sum Assured, every year till the end of the policy term, from the date of death of the policy holder.

DHFL Pramerica Family Income Plan is a decreasing term plan offered by DHFL Pramerica Life Insurance wherein the death benefit may either be payable in a lumpsum to the nominee or in equal monthly installments till the end of the policy tenure.

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.

This is a Double Death Benefit Plan if the life insured survives till the end of the policy term.

Life Cover with inbuilt Waiver of Future Premiums payable on Accidental Total and Permanent Disability: If the policyholder suffers from an accidental total permanent disability, all the future premium till the end of policy term or death of policyholder, whichever is earlier, shall be waived and paid by the company itself.

On death of the life assured during the policy term, company pays chosen monthly benefit, increasing at 5 % every policy year to the nominee till the end of policy term or 5 years, whichever is later.

The Policyholder will continue to receive these Benefits till the end of the policy term or in the unfortunate event of death, whichever is earlier.

Return of Premium Option: If the policyholder survives till the end of the policy term, he will receive the total premiums paid under this plan option.In case of life assured's death or being diagnosed with any of the Terminal Illness during the Policy Term a Lumpsum benefit will be paid to the nopolicy term, he will receive the total premiums paid under this plan option.In case of life assured's death or being diagnosed with any of the Terminal Illness during the Policy Term a Lumpsum benefit will be paid to the noPolicy Term a Lumpsum benefit will be paid to the nominee.

Death Benefit: If the policyholder dies before the end of the policy term, the nominee shall be paid higher of the fund value or sum assured (minus partial withdrawals, if any) or the minimum death benefit that is 105 % of the total premium paid till the date of the Death Benefit: If the policyholder dies before the end of the policy term, the nominee shall be paid higher of the fund value or sum assured (minus partial withdrawals, if any) or the minimum death benefit that is 105 % of the total premium paid till the date of the death benefit that is 105 % of the total premium paid till the date of the deathdeath

Death Benefits: If the policyholder dies before the end of policy term, the nominee shall be paid the higher of the sum assured (minus partial withdrawals, if any) or the total fund value or 105 % of the total premiums paid till the date of the Death Benefits: If the policyholder dies before the end of policy term, the nominee shall be paid the higher of the sum assured (minus partial withdrawals, if any) or the total fund value or 105 % of the total premiums paid till the date of the deathdeath

Chosen «Monthly Benefit» will be paid monthly in arrear increasing at 5 % every policy year to the nominee till the end of the term OR 5 years, whichever is later on death of life assured, payable when the unfortunate event of death of life assured has been confirmed.

From 41st policy year till end of policy term, Death Sum Assured would be equal to 200 % of sum assured.

With the waiver of premium benefit, a child plan continues till end of the policy term, even after death and the maturity benefit is also payable.

On death of the Life Insured anytime during the term of the policy, the policy shall continue till the end of the Policy Term and the nominee shall get the following benpolicy, the policy shall continue till the end of the Policy Term and the nominee shall get the following benpolicy shall continue till the end of the Policy Term and the nominee shall get the following benPolicy Term and the nominee shall get the following benefits:

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).

The plan provides for annual survival benefits from the end of the premium paying term till age 99 and a lump - sum payment at the time of maturity or on death of the policyholder during the policy term.

For Option A, you will receive Guaranteed Annual Income (GAI) from the end of the 16th policy year and it is paid every year for 20 years till death or maturity, whichever is earlier.

o Option B - Income Replacement: In the event of your death, the nominee will receive a monthly income (increasing @ 5 % per annum compounded annually) till the end of the policy term.

Reversionary Bonus during PPT (RB1): It accrues every year from the first policy year till the end of premium paying term and is payable on death or at the end of premium paying term, whichever is earlier.

It is true that a pure life policy, such as a term life insurance does not provide returns, in case of your survival till end of the policy term, but this policy is aimed to getting an insurance cover that becomes helpful in the event of your death (life insured).

Till the end of PPT: Sum Assured on Death Plus accrued Reversionary Bonus (RB1) After the end of PPT till end of policy year when Life Insured attains age 75 years: Sum Assured on Death Plus accrued Reversionary Bonus (RB2) After attaining age 75 years: Sum Assured on DeTill the end of PPT: Sum Assured on Death Plus accrued Reversionary Bonus (RB1) After the end of PPT till end of policy year when Life Insured attains age 75 years: Sum Assured on Death Plus accrued Reversionary Bonus (RB2) After attaining age 75 years: Sum Assured on Detill end of policy year when Life Insured attains age 75 years: Sum Assured on Death Plus accrued Reversionary Bonus (RB2) After attaining age 75 years: Sum Assured on Death.