Sentences with phrase «during the payout period discounted»
The policyholder can avail the payouts in lump sum any time during the payout period discounted @ 9 %
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The nominee however has the option to withdraw the discounted value of the future payouts at any time during the said period.
If you want to receive the outstanding maturity benefit as a lump sum at any time during the payout period, the discounted value @ 9 % per annum discount rate is payable.