Sentences with phrase «fully guaranteed maturity benefit»
It offers fully guaranteed maturity benefit and death benefits along with a guaranteed accrual addition (GAA).
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On survival of the life assured till maturity of the policy (fully paid policy), the Maturity Benefit payable is higher of Guaranteed Maturity Benefit plus vested Reversionary Bonuses plus Terminal Bonus or 100.1 % of the total premiumaturity of the policy (fully paid policy), the Maturity Benefit payable is higher of Guaranteed Maturity Benefit plus vested Reversionary Bonuses plus Terminal Bonus or 100.1 % of the total premiuMaturity Benefit payable is higher of Guaranteed Maturity Benefit plus vested Reversionary Bonuses plus Terminal Bonus or 100.1 % of the total premiuMaturity Benefit plus vested Reversionary Bonuses plus Terminal Bonus or 100.1 % of the total premiums paid.
In the event of death of the life assured during the term of the policy (fully paid / premium paying policy), the Death Benefit payable is higher of Minimum Death Benefit, Sum Assured plus Bonuses, or Guaranteed Maturity Benefit plus Bonuses.