Sentences with phrase «demise of life»

3) Death Benefit: In case of unfortunate demise of Life Insured while the Policy is In - Force, the Death Benefit payable to the nominee will be highest of a) Fund Value b) Sum Assured (minus withdrawals if any) c) 105 % of premiums paid

Future premiums due after demise of the life assured are waived off and policy will continue till maturity

In case of unfortunate demise of the life insured, Sum Assured on Death Plus Cumulative Guaranteed Accrual Additions is payable.

In the event of the demise of the life insured, the nominees receive 12 times of the monthly income benefit in the policy year of death will be paid as lump sum immediately.

In the event of unfortunate demise of the life insured, 100 % of sum assured plus accrued bonuses till the date of death is payable.

On the unfortunate demise of the life insured during the policy term, the death benefit payable is sum assured on death plus vested bonuses.

These plans offer death benefit, on the demise of the life insured and maturity benefit is also payable.

On the occurrence of the demise of the life assured during the term of the policy, the death benefit payable is higher of 105 % of the total premiums paid, or sum assured on death plus accrued guaranteed yearly additions plus vested compound reversionary bonus plus terminal bonus.

In case of untimely demise of the life insured during the policy term, the sum assured will be paid to the beneficiary.

With the unfortunate demise of the life insured before the vesting date, the death benefit payable to the nominee is the higher of the Fund Value or 105 % of the total premiums paid till date.The nominee has the option to take this amount as annuity from us or to withdraw the proceeds.

In the event of the demise of the life insured, the Death Benefit Sum Assured plus added annual bonus and final bonus is payable.

In the event of the demise of the life insured within the policy term, Assured death benefit is payable to the nominee / beneficiary.

In case of an unfortunate demise of the life Insured during the policy term, Sum Assured on death along with accrued Guaranteed Additions, plus vested Compound Reversionary Bonus and Terminal Bonus is payable.

In the event of an unfortunate demise of the life insured, the nominee will receive the Death sum assured along with the compound, reversionary and terminal bonus, if any.

And the best part of child plan is that — it remains enforced even after the demise of the life insured.

In the event of unfortunate demise of the life assured during these 23 months, 105 % of the total premiums are payable.

«Child plans ensure the investment is protected from any sudden demise of the life insured,» says Tarun Chugh, managing director and chief executive, PNB MetLife India.

On the demise of the life insured during the policy tenure, the sum assured as a single lump sum is paid to the nominee.

A life insurance policy provides a life cover and it pays a sum assured amount to the nominee or beneficiary, in the event of unfortunate demise of the life insured during the term of the policy.

In case of an unfortunate demise of the life Insured during the policy term, Sum Assured on Death is payable to the nominee.

In case of an unfortunate demise of the life Insured during the policy term, Sum Assured on death along with vested Simple Reversionary Bonus and Terminal Bonus is payable to the nominee.

In case of an unfortunate demise of the life Insured during the policy term, Sum Assured on death along with accrued Guaranteed additions (GA) plus vested Compound Reversionary Bonus and Terminal Bonus is payable.

In case of an unfortunate demise of the life Insured during the policy term, Sum Assured on death is payable to the nominee.

On the demise of the life insured, the inbuilt Waiver of Premium benefit becomes applicable and all the future outstanding premiums will be waived.

In case of an unfortunate demise of the life insured during the policy term, sum assured plus fund value is payable to the nominee.

In case of an unfortunate demise of the life Insured during the policy term, Sum Assured on death along with vested Compound Reversionary Bonus and Terminal Bonus is payable to the nominee, provided the policy is in - force.

In the event of demise of the life insured during the policy term, the sum assured equal to 10 times of single premium is payable to the nominee.

In the event of unfortunate demise of the life insured during the policy term, following is the death benefit payable.

In the event of the demise of the life insured, the Death Benefit payable is higher of Defined Assured Benefit or 105 % of the total premiums paid plus sum guaranteed additions and bonuses.

After the demise of life insured, the premiums for entire policy period is waived off.

The premium component of a Term Plan comprises of the mortality charges as per the age plus very minimal policy issuance charges (which is a one time charge) to provide the death benefit to the nominees in case of the demise of the life insured during the policy term.

In the event of the demise of the life assured during the term of the policy, the death benefit payable is the sum of Sum Assured on Death, vested Simple Reversionary Bonuses and Final Additional bonus.

In the event of the demise of the life insured, the nominee / legal heir will receive the sum assured amount as a lump sum.

In case of the unfortunate demise of the life assured during the term of the policy, the nominee will receive the benefits, depending on the plan option chosen.

In case of demise of the life insured during the policy term, the nominee is entitled to receive a Sum Assured amount as a lump sum payout.

In the event of the demise of the life insured, the nominee will receive the sum assured amount as a lump sum and the policy terminates thereafter.

The most basic need for buying a life insurance policy is to provide financial support to the immediate family in the event of demise of the life insured.

Sum assured would be paid to nominee in case of demise of the life insured.

In case of demise of the life insurance policy holder, only the NOMINEE is the beneficiary to get the amount.

In case of demise of the life insured during the tenure of the policy, provided all premiums are paid, sum assured on death plus terminal bonus plus vested bonus is payable to the nominee.

Life Cover + Level Monthly Income Option: In the event of the demise of the life Insured, a lump sum amount equal to the Sum Assured is paid to the nominee.

In case of an unfortunate demise of the life Insured during the policy term, Sum Assured on death is payable to the nominee along with a vested Compound Reversionary Bonus and Terminal Bonus.

Basic Life Cover Option: In the event of the demise of the life Insured, a lump sum amount equal to the Sum Assured is paid to the nominee.

In the event of an unfortunate demise of the life assured under the plan, the Sum Assured will be paid to the nominee.

In case demise of the life insured during the policy term, the death benefit is payable to the nominee as a lump sum amount.

Life Cover + Increasing Monthly Income Option: In the event of the demise of the life Insured, a lump sum amount equal to the Sum Assured is paid to the nominee.

Scenario II: Rohtash dies during the Term of the Policy On the unfortunate demise of the life insured, the sum of total premiums paid (compounded monthly at 1 % p.a interest), accrued guaranteed additions and accrued bonuses are payable.

In case of an unfortunate demise of the life Insured during the policy term, Sum Assured on death is payable to the nominee along with a vested Compound Reversionary Bonus and Terminal Bonus (if any) provided the policy is in force.

On unfortunate demise of the life insured before the vesting date, the death benefit payable to the nominee is higher of the Fund Value as on the date of intimation of death or the Guaranteed Death Benefit.Guaranteed Death Benefit is 105 % of the sum of all premiums and top - up premiums paid till the date of death.

In case of demise of the Life assured takes place before he / she attains age of one year, only the basic premiums paid is payable as Death Benefit.