Sentences with phrase «event of the life assured»

Offers the below in case of unfortunate event of the life assured: a.) 10 times of annualized premium or base sum assured along with vested bonus or 105 % of the premiums paid

Term life insurance is insurance in the purest sense, where, in the event of the Life Assured's untimely demise any time during the policy term, his beneficiary receives the full amount of the Life Assured either in the form of a lumpsum amount or as regular payouts.

In the event of the Life Assured committing suicide (be it sane or insane) at any time within one year from risk commencement date, Jeevan Ankur Policy by LIC gets terminated.

In the event of the life assured surviving the policy term, the basic Sum Assured with all accrued bonuses is paid out to the policy holder.

In an unfortunate event of the life assured, the nominee receives the sum assured, in this way the breadwinner can ensure that the family stays financially secure.

This rider provides for giving the beneficiary of the policy an additional sum in the event of the Life Assured meeting with an untimely demise due to an accident.

In other words, in the event of the life assured meeting with an untimely death any time during the term of the policy, the nominee will be paid the entire sum assured.

Not exact matches

Event producer Mitchell Pink of Chicago - based Creative Promotional Partnerships assured park officials and residents living along Riverview Drive across from the park that he was taking «painstaking efforts» to alleviate the problems in preparation for this weekend's tournament.

It is important in the event of an emergency to have a set of procedures in place to assure that the lives, property, and interests of Maryland University of Integrative Health (MUIH) are protected.

In case of unfortunate event of death of Life insured (applicable even in case of minor lives), subject to the policy being in force the Sum Assured payable on death will be higher of:

2) Bharti AXA Life Accidental Death Benefit Rider (UIN: 130B008V01): Under this rider you will receive additional sum assured as chosen in case of unfortunate event of death due to an accident.

Get Higher of Sum Assured on Maturity or 11 times the base annualized Premium or 105 % of premiums paid till date of death, in case of an unfortunate event of death of the life insured.

In case of unfortunate event of death of Life insured (applicable even in case of minor lives), subject to the policy being inforce the Sum Assured payable on death will be higher of:

In the event of death of the Life Insured during the Policy Term, subject to the policy being in force, the Death Benefit payable shall be equal to the Sum Assured on death.

Life Insurance Benefit: In case of the unfortunate event of death of the life insured, the nominee will receive Higher of (110 % of Sum Assured for Money Back option and 125 % of Sum Assured for Endowment option) or 11 times the base annualized Premium to support your child in a time of nLife Insurance Benefit: In case of the unfortunate event of death of the life insured, the nominee will receive Higher of (110 % of Sum Assured for Money Back option and 125 % of Sum Assured for Endowment option) or 11 times the base annualized Premium to support your child in a time of nlife insured, the nominee will receive Higher of (110 % of Sum Assured for Money Back option and 125 % of Sum Assured for Endowment option) or 11 times the base annualized Premium to support your child in a time of need.

Fans of the televised event, rest assured it feels even larger than life watching the spectacle as a spectator in person.

Rest assured, there's a whole lot more to the Algarve than just amazing surf spots, historically - fascinating Roman artefacts / remains, countless stunning beaches, the world's largest sand sculpture event, an array of marine life, a staggering choice of menus...

I'm not sure I feel assured I will be helped in the event of a disaster simply because I live in the US.

(For in - force policies, provided the monies are not in discontinued policy fund) IN the event of death of the life assured, the nominee will receive the death benefit which will be higher of the following:

Life Insurance is an agreement between an insurance company and a policyholder, under which the insurer guarantees to pay an assured some of the money to the nominated beneficiary in the unfortunate event of the policyholder's demise during the term of the policy.

A financial provision in the form of the Death Benefit is made for the family members of the life assured in the unhappy event of his or her demise.

In an event of demise of a person before the age of 100, then his or her nominee receives the sum assured amount from Future Generali Life Insurance.

This is because it gives a peace of mind that in case of any unfortunate event such as death and critical illness; the sum assured paid by the life insurer will be sufficient to meet future goals of the policyholder or family.

Generally, the purpose of life insurance is to provide peace of mind by assuring that financial loss or hardship will be alleviated in the event of the insured person's death.

It is the benefit payable to the beneficiary on the event of the death of the life assured under the terms of the policy.

The Sum Assured and / or value of the fund units is normally payable to the beneficiaries in the event of risk to the life assured during the term as per the policy condAssured and / or value of the fund units is normally payable to the beneficiaries in the event of risk to the life assured during the term as per the policy condassured during the term as per the policy conditions.

When you buy a term plan, you provide a basic protection cover to your family against any threat to your life; and the insurance company pays the sum assured to your nominee in the event of your death.

A Policy holder nominates a person at the time of filling up the proposal form wherein the nominee is entitled to the death benefits under this policy, on event of the demise of the Life Assured.

Rest assured your family is covered in the event of your untimely death by paying a small monthly premium for term life insurance coverage from Haven Llife insurance coverage from Haven LifeLife.

While nomination is an authorisation to receive the policy monies in the event of death of the life assured, it does not give the nominee an absolute right over the money received to the exclusion of other legal heirs.

It is a yearly group term life insurance that pays a Sum Assured to the dependents of your employees in the event of an unfortunate eventuality.

Most people seem to be proud of the 33 - year history in Michigan's no - fault insurance, where people of all ranks were assured of state - of - the - art coverage in the event they are involved in a catastrophic accident that may change their lives forever.

In the event of the unfortunate death of the Life Assured, the nominee shall receive Sum Assured on Death (as described below) plus the accrued Simple Reversionary Bonuses plus Terminal Bonus, if any, subject to 105 % of all premiums paid as on date of death and the Policy shall terminate.

Under this feature, you have the option to increase the basic Sum Assured without underwriting on any of the below specified events in the life of the Life Asslife of the Life AssLife Assured

Hence, we offer you the Extra Life option in which, in addition to the life option benefits, your nominee will receive an additional sum assured in event of death due to an accidLife option in which, in addition to the life option benefits, your nominee will receive an additional sum assured in event of death due to an accidlife option benefits, your nominee will receive an additional sum assured in event of death due to an accident.

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.

You can customize your coverage by opting HDFC Life Income Benefit on Accidental Disability Rider that offers monthly Income of 1 % of rider Sum Assured in the event of Total Permanent Disability due to accident for a fixed period of 10 years.

So if you plan appropriately, and you choose wisely, not only does purchasing a quality life insurance give you the peace of mind of knowing you've taken the necessary steps in protecting your family in the event of your death, you'll also be able to rest assured that once you've taken those steps, you're done!

Life stage protection: The option allows you to increase the basic sum assured at specified events of marriage and childbirth, without any medical tests: Marriage: The life insured can increase the death benefit by 50 % of the original death benefit, subject to a maximum additional amount of Rs. 50 lakhs 1st childbirth: The life insured can increase the death benefit by 25 % of the original death benefit, subject to a maximum additional amount of Rs. 25 lakhs 2nd childbirth: The life insured can increase the death benefit by 25 % of the original death benefit, subject to a maximum additional amount of Rs. 25 lLife stage protection: The option allows you to increase the basic sum assured at specified events of marriage and childbirth, without any medical tests: Marriage: The life insured can increase the death benefit by 50 % of the original death benefit, subject to a maximum additional amount of Rs. 50 lakhs 1st childbirth: The life insured can increase the death benefit by 25 % of the original death benefit, subject to a maximum additional amount of Rs. 25 lakhs 2nd childbirth: The life insured can increase the death benefit by 25 % of the original death benefit, subject to a maximum additional amount of Rs. 25 llife insured can increase the death benefit by 50 % of the original death benefit, subject to a maximum additional amount of Rs. 50 lakhs 1st childbirth: The life insured can increase the death benefit by 25 % of the original death benefit, subject to a maximum additional amount of Rs. 25 lakhs 2nd childbirth: The life insured can increase the death benefit by 25 % of the original death benefit, subject to a maximum additional amount of Rs. 25 llife insured can increase the death benefit by 25 % of the original death benefit, subject to a maximum additional amount of Rs. 25 lakhs 2nd childbirth: The life insured can increase the death benefit by 25 % of the original death benefit, subject to a maximum additional amount of Rs. 25 llife insured can increase the death benefit by 25 % of the original death benefit, subject to a maximum additional amount of Rs. 25 lakhs

Death Benefit — In the unfortunate event of death of the Life insured, the beneficiary of the policy will receive 11 times of the Annualized Premium, 105 % of all premiums paid, absolute amount assured to be paid on death equal to the Sum Assured, or the Sum Assured on Maturity (whichever is hassured to be paid on death equal to the Sum Assured, or the Sum Assured on Maturity (whichever is hAssured, or the Sum Assured on Maturity (whichever is hAssured on Maturity (whichever is highest)

Under some plans, the premium for the Spouse Life Assured is waived off in the event of death of Principal Life Insured.

In the event of the death of the life assured due to an accident, the accidental death benefit will be paid to the nominee in addition to other death benefits

The premium rates for increase in Sum Assured as a result of Life Stage Event will be determined basis the Sum Assured band of the policy applicable to the total sum assured inclusive of the Life Stage BAssured as a result of Life Stage Event will be determined basis the Sum Assured band of the policy applicable to the total sum assured inclusive of the Life Stage BAssured band of the policy applicable to the total sum assured inclusive of the Life Stage Bassured inclusive of the Life Stage Benefit.

Life Insurance Benefit - Sum Assured is paid in the case of the unfortunate event of death of the policyholder

Accident Benefit Rider: In the event of death of the life assured due to an accident or accidental permanent disability, rider sum assured is paid.

Under some plans, spouse may not be required to pay any premium in the event of death of the Principal Life Assured.

In case of an unfortunate event of the life insured's demise, the nominee will gets death benefit, which is the higher of the sum assured or the fund value at that time.

Base Plan: - Minimum: Rs. 25 lakhs, Maximum: Rs. 100 crores The sum assured is available in multiples of Rs. 1 lakh only and shall remain same for the entire policy term, unless you exercise «Life Stage Event Benefit».

Get protection against repayment of loan liability by the nominee / legal heir in the event of death of the Life Assured / member

In the event of an unfortunate demise of the Life Assured during the Policy Term, the Death Sum Assured is paid to the nominee.