Sentences with phrase «end of premium paying term»

Survival Benefit — If the insured survives till the end of the premium paying term then Accrued Bonus + Income benefit of 5.0 % of Sum Assured + Bonus from the current policy year shall be paid.

This plan is a perfect blend of income and financial protection as the survival benefits are payable every year from the end of the premium paying term till maturity and a life insurance benefit.

Mortality Charge: The policy will also return you the mortality charges at the end of the premium paying term.

You can get the first lump sum payment at the end of premium paying term, the next when you reach the age of 75 and the last at the time of maturity or if you reach 100 years of age.

In this plan survival benefits are payable every year the end of the premium paying term till maturity and a life insurance benefit, this plan offers a perfect blend of income and financial protection for you and your family.

It is a non-participating money - back plan which promises Loyalty Additions at the end of premium paying term

At the end of the premium paying term, in the example above, the LIC will start paying you 8 % of Rs 1 lakh or Rs 8000 every year till the policy matures.

Lump sum benefit will be paid at the end of premium paying term.

The survival benefit payment is paid at the end of the premium paying term and on successful completion of every subsequent year till the policyholder survives or policy anniversary prior to the date of maturity.

NRI Solutions - Vision LifeIncome Plan is an NRI life insurance plan that provides life coverage and survival benefits on a yearly basis from the end of the premium paying term till the maturity date.

The first is the end of the premium paying term.

Bonus rate will applicable from 6th year till end of premium paying term.

This factor goes from 0 to 90 % as you approach the end of your premium paying term.

Some of these are sold in the garb of guaranteed return plans, and promise to offer 9 - 10 per cent return every year from the end of the premium paying term until the end of the policy term.

At the end of premium paying terms (age 55), the policy holder should get Maturity benefit in addition to Survival benefit.

Sum Assured along with the vested bonuses become payable on survival of the assured to the end of the premium paying term.

Sum Assured and vested bonus paid at the end of premium paying term but sum assured continues even after this.

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.

Reversionary Bonus is accrued from the first policy year till the end of premium paying term and it is based on the performance of the par fund.

The plan offers assured income benefits which are payable from the end of the premium paying term till maturity along with the financial protection of your family.

It is a non-guaranteed accrual benefit and is payable either on death or at the end of the premium paying term, whichever is earlier.

In case of survival of the life insured till the end of the premium paying term, survival benefit equal to 8 % of Basic Sum Assured is payable every year.

The first survival benefit is payable at the end of the premium paying term and thereafter on completion of each year till the survival of life insured or till the policy anniversary before maturity, whichever is earlier.

This plan also provides survival benefits annually started from the end of the premium paying term till maturity of the policy.

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.

LIC Jeevan Umang (845) provides cover to the people of age 100; one can also earn annual survival benefit from the end of premium paying term till the age of 99.

In addition, insurance company also provides additional allocation every year starting from 1st year of the policy till the end of premium paying term.

On the life assured surviving the end of premium paying term (PPT) provided all due premiums have been paid: Survival benefit will be equal to 8 % of basic sum assured will be paid each year till the life assured survives or till the policy.