Sentences with phrase «gets lump sum amount»

As the policy term progresses, these benefits in the form of Bonuses keep accumulating and at the time of matuirty, policy holder gets lump sum amount i.e. Sum Assured + Bonus.

A life cover will ensure that in case of premature death of either of you, the family gets a lump sum amount.

You can buy a simple plan for a fixed term at minimal premiums and if anything happens to you during the term of the plan, the nominee gets a lump sum amount.

As the family gets a lump sum amount, they can cover the future expenses without creating a financial burden on themselves.

Critical illness insurance is wherein the insured gets a lump sum amount in case he / she gets diagnosed with a critical illness.

This is because in case of one - time or annual premium payments, the insurance company saves on administrative costs and also gets a lump sum amount in advance for the full year, as opposed to the quarterly or monthly payment options.

Life Cover: This is the most important benefit of life insurance where nominee of the policyholder gets a lump sum amount in case of an unfortunate death of the policyholder.

Thus, the beneficiary gets a lump sum amount and is no longer obligated to pay any premium on the policy.

If you are a salaried individual, you may make some mandatory contributions to schemes like EPF / NPS / GPF etc., On attaining the retirement age, you get lump sum amount / accumulated balance.

Please let me know that monthly income advantage plan offered by Max Life in which after paying 12 annual premiums will get a monthly income for next 10 years & get a lump sum amount (equal approximate the premiums paid in 12 years in the beginning) plus approx. 14.5 times death benefit for the entire policy term i.e. 22 years.

Under both these variants, you'll qualify to get the lump sum amount, equal to the Fund Value.

To get the lump sum amount, I simply multiplied 199 by $ 100, which tells us how much was invested over the time period.

Hence, he can opt for a single premium policy whenever you get a lump sum amount.

It will not only help you get a life cover, but will also help you develop the habit of saving, so you are able to get a lump sum amount once the policy matures.

When you choose the tenure of the policy according to the age of your child, you can plan it in such a way, that you get a lump sum amount when the child reaches 18 years of age.

If something were to happen to you, your family will get a lump sum amount of Rs 1 crore.

The policyholder will get a lump sum amount.

One can pay regular premiums and save systematically for a limited period of time and get a lump sum amount with bonus (if any) on maturity.

In case, your property gets damaged due to any harsh weather condition, then you can easily get a lump sum amount back from your chosen enters insurance quotes.

But problem here I am seeing is that I am not getting lump sum amount at the age of 45th year.

You have to follow the car insurance Boca Raton policies, in order to get a lump sum amount of money, in case your car is damaged.

Endowment insurance is a type of a life insurance policy through which you can get a lump sum amount after you reach the specific period of maturity.

Now, you must buy a pension plan that ensures you get a lump sum amount monthly as an income post retirement.

It acts as a life insurance policy which would help you save regularly over a specific time frame so that you can get a lump sum amount once the policy matures if you survive the policy term.

It pays a lump sum if you die and you also get a lump sum amount on maturity in case you survive the policy term.

In a money back policy, the insured person gets a percentage of the total sum assured at regular intervals instead of getting a lump sum amount at the end of the term.

A critical illness cover is one where in case a critical illness out of the pre-listed illnesses occurs, you would get a lump sum amount to use in any manner you wish.

You can get a lump sum amount at the time of maturity.

The life insured may also get a lump sum amount instead of the income benefit.

Now, in case this Rahul dies before the expiration of the policy term, the nominee will get a lump sum amount of INR 50,00,000.

So, when Ishaan will turn 13, he will start getting payouts (15 % of sum assured on maturity every year) which will help Chirag to cover Ishan coaching cost and this payout will continue till Ishaan turns 18 and then he will get a lump sum amount of maturity which will cover his college expense.

By investing in an endowment plan, you can get the lump sum amount plus accumulated bonus or the fund value at the maturity of the policy, provided you have paid all the due premiums.

It helps the policyholder to get lump sum amount on the policy maturity in case he / she survives the policy term and policy pay the full sum assured along with accrued bonuses to the nominee if the policy holder dies during the policy term.

In this case, Mr. Sharma will get lump sum amount of Rs. 10 Lac as Sum Assured of Critical Illness cover and the health insurance policy will expire.

In the unfortunate event of your death during this period, your family will get a lump sum amount regardless of any Guaranteed Annual Payouts or Critical Illness Benefit received earlier.

In a money back plan, the insured person gets a percentage of sum assured at regular intervals, instead of getting the lump sum amount at the end of the term.

The insured will be entitled to get the lump sum amount on diagnosis of any of the critical illness from the predetermined list.

In this case, the family of Mr. Sharma will get lump sum amount of Rs. 1 Cr as Sum Assured of Term Insurance cover and both health and term insurance policies will expire.

You would like to invest in insurance products when you get some lump sum amounts by way of bonus or annual performance pay or incentives etc..

Extended cover: You can get lump sum amount at maturity and life cover for the policy term.

Not exact matches

If you still get the same dollar amount in matching funds, should it matter if you get it in installments or in a lump sum at year's end?

«With a personal loan or regular home equity loan, you're getting the entire amount as a lump sum and paying interest on it immediately.»

Most people choose a lump sum disbursement — they get the entire amount at once, tax - free, divided between the number of beneficiaries.

He is looking for a simple plan that could double his returns and help him get guaranteed lump sum amount that can be utilized for his child's post-graduation and also to shield his family against any unfortunate event that could happen to him.

You can adjust various settings in the investment strategies, determine if you will be making monthly contributions or starting with a lump - sum amount, get rough costs of the college you're hoping your child attends, and see how compounding can bring you to your goals.

If you can get access to a lump sum of money, from a family member or some other source, it's worthwhile to call up a creditor yourself and simply ask whether it will accept less than the total amount you owe if you pay a lump sum.

Finova loans are advertised as lines of credit, but they differ from the revolving credit associated with a credit card or personal line of credit because you get your loan amount in a lump sum, not as a credit limit.

Knowing what return your business will get with a fixed rate of interest for a set amount of time - perfect for lump sums.

Then it has an input so if you want to model someone dying, the survivor will get a reduced amount (or a lump sum).

The amount you would get in a lump sum is prescribed by law to be «actuarially neutral,» meaning you won't get any more (or less) than you would if you left the money in the plan.