Sentences with phrase «during the plan tenure»

Death benefit — the death benefit is paid in case of death of the life insured during the plan tenure.
Step 3 — if the insured dies during the plan tenure, the death benefit is paid irrespective of the Guaranteed Cash Benefits already paid.
Money back plans provide liquidity during the plan tenure by paying survival benefits at regular intervals.
Is there a plan which pays lump sum benefits during the plan tenure?
The plan, thus, provides easy liquidity and availability of funds even during the plan tenure.
They allow partial withdrawals during plan tenure, switching facility to change the investment strategy, etc..
Term Cover: It refers to the tenure of a term insurance plan wherein the sum assured is only paid to the nominees if the policy holder passes away during the plan tenure.
Yes, HDFC Life Critical Illness Plus Rider is available under the plan which covers 19 critical illnesses and pays an additional Sum Assured if the policyholder is diagnosed with any of the covered illnesses during the plan tenure.
Bihan can make partial withdrawals, switch between funds and also pay top - up premiums during the plan tenure.
If the policyholder commits suicide anytime during the plan tenure, the available single premium Fund Value and any top - up premium Fund Value would be paid to the nominee.
Guaranteed Loyalty Additions are paid during the plan tenure which increases the benefits paid under the plan.
Survival Benefits are paid at regular intervals during the plan tenure.
There is an inbuilt waiver of premium rider which is applicable in case the insured suffers permanent and total disability during the plan tenure.
Critical Illness Rider — this rider pays an additional sum assured if the life insured suffers from any of the listed critical illnesses covered by the rider during the plan tenure.
A money - back plan solves the problem of liquidity during the plan tenure by paying a percentage of the Sum Assured regularly through the plan tenure.
Rider benefits are paid as a lump sum only when the contingency covered by the rider occurs during the plan tenure.
Accidental death and disability benefit rider — this rider pays an additional sum assured in case of accidental death or disability suffered during the plan tenure.
If Raghav dies during the plan tenure Rs. 50 lakhs would be paid as death benefit.
Online Term Plan is pure term (traditional non-participating) plan that pays a lumpsum amount to the family members of the life insured in the event of death of the life insured during the plan tenure.
The plan can be taken for a basic cover or a cover with Critical Illness benefit inbuilt in the plan option which provides an additional Sum Assured in case the life insured suffers a critical illness during the plan tenure.
Arvind can make partial withdrawals, switch between funds and also pay top - up premiums during the plan tenure.
If the policyholder commits suicide anytime during the plan tenure, the available Fund Value would be paid to the nominee.
However, if the insured dies during the plan tenure, the full Sum Assured is paid irrespective of the Survival Benefits already paid.
Money - back plans — Money - back plans pay the Sum Assured in instalments at specific intervals during the plan tenure.
during the plan tenure by paying survival benefits at regular intervals.
This money - back is paid during the plan tenure and is a percentage of the Sum Assured.
Under this Kotak Life pension plan, in case of death of the insured during the plan tenure, the benefit paid will be 105 % of all premiums paid till the date of death plus the vested reversionary bonuses and the accrued guaranteed additions
In case of death of the insured during the plan tenure, higher of the Sum Assured including top - up Sum Assured or 105 % of all premiums paid including top - up premiums paid is paid immediately on death of the insured.
The maximum amount payable under the plan is RS 50000 / - during the plan tenure.
In case of death of the insured during the plan tenure, the death benefit is higher of the basic Sum Assured net of partial withdrawals or the Fund Value including loyalty additions or 105 % of all premiums paid till the date of death
In case of death of the insured during the plan tenure, a death benefit which is higher of the minimum Sum Assured or 10 or 7 times the annual premium paid depending on the age of the policyholder is payable to the nominee subject to a minimum of 105 % of all premiums paid till the date of death
In case of death of the insured during the plan tenure, the death benefit is higher of the basic Sum Assured including top - up Sum Assured or the Fund Value including top - up fund value or 105 % of all premiums paid till the date of death
In case of death of the insured during the plan tenure, the death benefit payable is higher of the basic Sum Assured or the Fund Value subject to a minimum of 105 % of all premiums paid till the date of death
In case of death of the insured during the plan tenure, the death benefit is higher of the basic Sum Assured including top - up Sum Assured net of partial withdrawals or the Fund Value including top - up fund value or 105 % of all premiums paid till the date of death
In case of death of the insured during the plan tenure, the Sum Assured is payable which should be a minimum of 125 % or 110 % of the single premium paid depending on the age of the policyholder.
These benefits are paid during the plan tenure and on maturity, the remaining Sum Assured is paid along with vested bonuses.
On death of the insured during the plan tenure, higher of 10 times the annual premium paid or the chosen Sum Assured subject to a minimum of 105 % of all premiums paid till death is payable along with the vested bonuses and any Terminal Bonus.
In case of death of the insured during the plan tenure, a benefit higher of 105 % of all premiums paid including any top - up premiums paid or aggregate premiums paid including any top - up premiums compounded @ 1 % or the available balance in the Individual Pension Account is payable to the nominee
In case of death of the insured during the plan tenure, Guaranteed Death Benefit is payable which is higher of the Sum Assured or 10 times the annual premium subject to a minimum of 105 % of all premiums paid till the date of death.
In case of death of the insured during the plan tenure, the death benefit is higher of the basic Sum Assured including top - up Sum Assured or the Fund Value or 105 % of all premiums paid till the date of death
In case of death of the insured during the plan tenure, higher of the Fund Value net of partial withdrawals or the Sum Assured is paid to the nominee
On death of the insured during the plan tenure, higher of the Guaranteed Maturity Benefit or the Sum Assured along with the Guaranteed Loyalty Additions, vested bonuses, interim bonus and any Terminal Bonus is paid
An additional Waiver of Premium Rider is available which, when taken, ensures policy continuity even if the insured suffers disability, critical illness or dies during the plan tenure.
Reema can make partial withdrawals, switch between funds and also pay top - up premiums during the plan tenure.
If Raghav dies during the plan tenure, Rs. 50 lakhs would be paid immediately.
Option 4 - if Rohit suffers from any terminal illness during the plan tenure, 25 % of the total Sum Assured which is Rs. 25 lakhs would be paid in lump sum.
Option 2 — if Mr. Sharma survives the plan term, the maturity benefit is paid which is the total premium is paid during the plan tenure, i.e. Rs. 5 lakhs.
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