Sentences with phrase «diagnosis of terminal illness»

A term plan pays out a percentage lump sum of the total sum assured upon diagnosis of a terminal illness.
On death or diagnosis of terminal illness during the policy term, a lump sum is paid to the nominee.
Such events of hardship may include diagnosis of a terminal illness, bankruptcy, insolvency or sequestration.
On diagnosis of terminal illness of husband or wife or both, an amount equal to 25 % of the Sum Assured will be paid to the policy holder subject to maximum of Rs 1 Crore.
It provides lump - sum benefit on death or diagnosis of Terminal Illness similar to Life option.
Terminal illness: On the very first diagnosis of a terminal illness, the policyholder receives the entire lump sum.
iTerm plan comes with inbuilt terminal illness benefit, where you get death benefits upon diagnosis of a terminal illness.
On diagnosis of any terminal illness of any of the partner, 25 % of the sum assured value will be paid immediately (maximum 100 lakh) to the policy holders for continuing the treatment.
On death / diagnosis of Terminal Illness during the Policy Term a Lumpsum benefit will be paid to the nominee and all future premiums are waived off in case of total permanent accidental disability.
As for eligibility, the recommendations are that one must be over 18, and have a diagnosis of terminal illness; the choice must be entirely voluntary and not influenced by others.
Mortgage term insurance (mortgage life cover) offers you reassurance that in the event of your death, or diagnosis of a terminal illness, there will be help paying off the mortgage.
This is done under certain circumstances, such as a diagnosis of terminal illness or a need for long - term care.
Unfortunately, a diagnosis of a terminal illness often comes with many expenses.
Getting a diagnosis of a terminal illness or degenerative disease can throw a family into chaos.
You receive a diagnosis of a terminal illness that will result in your death within 12 months or less.
On diagnosis of any Terminal Illness, future premiums are waived off and 25 % of the Sum Assured is paid immediately to a maximum of 100 lakhs.
Accelerated Benefit Rider: The accelerated benefit insurance rider is included at no extra cost and will help to cover your medical costs or nursing home care by allowing you to receive a portion of your life insurance policy death benefit in the event you receive a diagnosis of terminal illness or confinement to a nursing home.
Death benefit is payable on earlier occurrence of either Death or diagnosis of Terminal Illness.
Income Replacement Option: In case of death or diagnosis of Terminal Illness, the nominee will receive 12 times the chosen monthly income as lumpsum as well as a level / increasing monthly income for residual policy term.
Under all the plan options, the policy holder receives lumpsum payout on diagnosis of terminal illness.
The entire sum assured is paid as lumpsum in case of death or diagnosis of Terminal Illness and all future premiums are waived off in case of total permanent Accidental Disability.
This online term plan is designed to pay out the entire sum assured as lump - sum on death of the policy holder or on diagnosis of Terminal Illness.
First, you need to have the diagnosis of terminal illness.
In case of death or diagnosis of Terminal Illness, the nominee will receive 12 times the applicable monthly income as lumpsum as well as a level / increasing income for residual policy term.
Along with this, a lump - sum benefit on death or diagnosis of Terminal Illness is paid and all future premiums are waived off in case of total permanent accidental disability.
Life Option: This is the standard option, which gives your family the assured sum as a lumpsum in event of death or on diagnosis of terminal illness.
Upon receiving a diagnosis of terminal illness, the insurance company may require confirmation in the form of an examination by a physician of the company's choice, at the company's expense.
This is done under certain circumstances, such as a diagnosis of terminal illness or a need for long - term care.
On the first occurrence of either life assured's death or diagnosis of Terminal illness, the nominee will get the Death benefit.
a Terminal Illness Benefit, which can pay up to 75 % of the death benefit to a maximum of $ 250,000 to the policy owner upon diagnosis of a terminal illness, and
The key features of the plan include low cost coverage, flexibility to increase life cover, pay - out on the diagnosis of terminal illness, additional covers for enhanced protection and many more.
Death benefit - this is payable on earlier of either death or diagnosis of terminal illness.
a Terminal Illness Benefit, which pays up to 75 % of the death benefit to a maximum of $ 250,000 to the policy owner upon diagnosis of a terminal illness.
Upon the diagnosis of terminal illness / death of the policy holder during the policy term, a lump sum benefit is paid out to the nominee.
Life Option: Under this cover option, nominees assigned by the policy holder are paid the lump sum benefit upon the diagnosis of terminal illness or the death of the policy holder.
There is an in built Accidental Death Benefit and Terminal Illness Benefit for 5000 - 50 lakhs cover under which the additional benefit is paid in case of accidental death or on diagnosis of the terminal illness
On diagnosis of terminal illness, you will get 25 % of the sum assured value (max 1 crore amount) and equivalent amount will be deducted from the actual sum assured value which your family will get in case of your death.
These benefits are paid under certain conditions, like the onset of a medically incapacitating condition, the diagnosis of a terminal illness, the need for long - term care or confinement to a nursing home.
The death benefit is paid on the first occurrence of either death of the life assured (or) on diagnosis of Terminal illness.
In that case you can get benefits of term plan or sum assured value even if the diagnosis of terminal illness before death.
There is an inbuilt terminal illness benefit under the plan which pays 50 % of the guaranteed maturity Sum Assured in case of diagnosis of a terminal illness.
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