Under this option your nominee will
get a Lumpsum Benefit on death or diagnosis of Terminal Illness.
Not exact matches
In 2024 I will leave present job and will earn
lumpsum benefit 20 Lac appx and pension 15000 / month (expected to
get revised in 2016 pay commission).
The
lumpsum that your family will
get as death
benefit can bring financial stability and pay off the liabilities.
Under this policy, one will
get lumpsum amount
benefit on diagnosis of Minor and / or Major Cancer which can be used for cancer treatment.
3) New Settlement Option in this plan makes this plan as unique where one can
get the death
benefit or maturity
benefit in installments instead of
lumpsum amount
In case of death of Mr.Ramesh, his family would
get lumpsum of Rs1 Crore as death
benefit plus Rs 40,000 every month for next 10 years.
The insured will
get the final
Lumpsum Amount of Money Back
Benefit + Guaranteed Maturity Addition + the last payout of the Regular Monthly Payout and the policy will terminate.