The phrase
"fund value" refers to the worth or monetary value of an investment fund. It represents how much money the fund is currently worth.
Full definition
The last loyalty addition a percentage of simple average
of fund values on the last day of previous eight calendar quarters, before the maturity of the policy.
On survival of the life assured till end of the policy term, Total
fund value as on the maturity date is payable.
Guaranteed loyalty additions will be 3 % of the average
fund value in the investment account over the last 36 months preceding the loyalty allocation date.
After completion of 5 years, if the policy is surrender then the
total fund value on the date will be paid to the insured without any charges.
In the other, the highest of the top -
up fund value or top - up sum assured and 105 % of total premiums paid are offered as the death benefit.
You receive comprehensive benefits including maturity benefit as
fund value at the end of the policy or death benefit for the nominee.
The insured will get higher of the total
fund value including loyalty additions and wealth boosters or the assured benefit on maturity.
The withdrawal amount should be at least the minimum prescribed withdrawal amount and the fund must not fall below the minimum
fund value after the withdrawal.
These are expressed as a percentage of the
average fund value in the three years preceding the benefit payment.
The minimum regular
premium fund value required after each withdrawal should not fall below 20 % of the single premium.
The minimum
fund value required after such withdrawal should be at least equal to 50 % of the single premium paid.
One free partial withdrawal is allowed every three policy years subject to a maximum of 20 % of the
available fund value as on the date of withdrawal.
You will receive additional percentage of
fund value by addition of equivalent units to your unit account, at the end of policy year.
The
minimum fund value required after such withdrawal should be at least equal to 50 % of each top - up premiums paid.
At the end of the policy term, the beneficiary will
get fund value along with loyalty additions (if any).
These premiums, like other premium installments, will get invested and the beneficiary will receive the
accumulated fund value at maturity.
If surrendered after 5 completed policy years, the
entire Fund value on the date of surrender is paid without any charges.
We also promise an additional pay - out of 1 % of
fund value for delay of every working day.
In which case, payout will be
fund value which has to be utilized for buying an annuity.
All these additions are expressed as a percent of the average
fund value over the last eight quarters.
On death, higher of sum assured or
fund value subject to a minimum of 105 % of total premium paid till date of death is payable to the nominee.
Your policy matures at the end of the policy term and
fund value prevailing on the date of the maturity will be paid to you.
Assured death benefit of 105 % of sum of all the premiums paid plus top ups, if any or
fund value whichever is higher.
The total collected value will be the higher of assured benefit or
fund value equal to 101 % of single premium paid, which includes top - up premium, if any.
At maturity you can take the
full fund value to meet the financial needs of your child.
Newly operational merging international markets investing in international mutual funds focuses on developing countries and are considered risky because the international
mutual funds value is dependent upon growth.
The sum assured remain same throughout the policy term, but
fund value keeps increasing.
On survival of the life assured till end of the policy term, Total
fund value related to regular / top - up premiums plus maturity booster additions.
The policy surrendered after the completion of 5 years, the insurer pays off the total
fund value without any charges.
For continuing with the policy and paying regular premium, the company rewards you with loyalty additions, which are percentage of
fund value pertaining to regular premiums at regular intervals.
In inclusion, Your life insurance over 90 year old policy's
funds value factor can also generate attention with market prices.
Please note that fund management charges and expense ratio are expressed as a percentage of
fund value while the other charges are expressed as a percentage of annual premium.
In case of death of the policyholder, the nominee receives death benefit which is equal to higher of the sum assured
or fund value by the insurance company.
The concept is as follows: a project breaks down its final goal into milestones with
specified funding values and deadlines for implementation.
Up for grabs is a share in a
prize fund valued at # 18,000 to help winners continue their musical studies.
By contrast, ETF investors typically can not measure their trading costs because they don't have access to a reliable measure of
underlying fund value at the time of trade execution.
Short Term Bond Funds — When bond yields and interest rates rise mid to long term bond
fund values tend to initially drop considerably because the bonds these funds are holding have lower yields.
It is important for investors to recognize that individual stock and
stock fund values might go up and down, and companies can also cut dividends in addition to raising them.
In the event of the death of the policyholder, the nominee can opt for
fund value held in different funds.
Phrases with «fund value»