Sentences with phrase «event of death of life insured before»

In the event of death of the life insured before the date of maturity, but prior the date of commencement of risk, an amount equal to the amount of total premiums paid shall be payable.

In the event of death of the life insured before maturity of the policy, Guaranteed Death Benefit plus Non-guaranteed benefit of Vested Bonus & Terminal Bonus is payable to the nominee.

In the event of death of the life insured before the date of maturity, Sum Assured on Death plus Vested Simple Reversionary Bonuses & Final Additional Bonus is payable to the nominee, provided the policy is in - force.

In the event of death of the life insured before the date of maturity, the Death Benefit payable is Sum Assured on Death plus Vested Simple Reversionary Bonuses & Final Additional Bonus is payable to the nominee, provided the policy is in - force.

In the event of death of the life insured before the date of maturity, but prior the date of commencement of risk, Return of Premium (excluding taxes, rider premium & extra premium, if any).

In the event of death of the life insured before the date of maturity, but after the date of commencement of risk, Sum Assured on Death plus Vested Simple Reversionary Bonuses & Final Additional Bonus is payable to the nominee.

Not exact matches

The person who is nominated to receive the benefits of the policy, in the event of Life Insured's unfortunate death before maturity date is called the Nominee.

Life insurance policies now have accelerated benefit riders that will pay out the death benefit before the insured passes away in the event of a qualifying event.

Death benefit is an amount of money paid to the family of the life insured in event of his demise before the end of the policy term.