Sentences with phrase «guaranteed accrual»
In case of unfortunate demise of the life insured, Sum Assured on Death Plus Cumulative Guaranteed Accrual Additions is payable.
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Sum Assured on Maturity plus Cumulative Guaranteed Accrual Additions (CGAA) is payable on maturity of the policy.
In the event of demise of Mr. Raman during the 15th policy year, a lump sum amount of Rs 10 Lacs or above plus guaranteed accrual additions is payable as the death benefit to the nominee.
Guaranteed Accrual Additions (GAA) depends on policy term, premium paying term, annualized premium, entry age and gender of the life insured.
It offers fully guaranteed maturity benefit and death benefits along with a guaranteed accrual addition (GAA).
Guaranteed accrual additions are calculated as a specific percentage of total annualized premiums paid.
On survival of the life assured till maturity, sum assured on maturity with cumulative guaranteed accrual additions & large premium benefit.
On death of the Life Assured during the policy term sum assured with guaranteed accrual additions will be paid.
Not exact matches
The accounting basis is not the same — the Estimates are on a cash basis of accounting while the Budget is on an accrual basis; the coverage is not the same — with the exception of the Guaranteed Income Supplement, tax expenditures are not included in the Estimates; and the Estimates are on a net basis, netting off revenues against applicable spending, while the Budget is on a gross basis, recording such charges / fees as revenues.
The cash balance would guarantee all teachers a pre-determined rate of return — 5 percent in this example — and provide a steady accrual of retirement benefits rather than the current back - loaded system.
You can also read their Terms of Service on paying with miles: Pay with Miles tickets are not eligible for mileage accrual, Medallion Qualification Segments, Medallion Qualification Miles, or Best Fare Guarantee.
Guaranteed Minimum Cash Value - The illustration will guarantee a minimum cash value accrual for each year.
It is all about cash value accrual which is also not guaranteed.