If the insured dies, the nominee shall be paid higher of sum assured or 11 times the annual premium is paid including
guaranteed additions subject to a minimum of 105 % of total premiums paid till the date of the death
In case the insured dies, higher the sum assured or 11 times the annual premium is paid including
the guaranteed additions subject to a minimum of 105 % of all premiums paid till the date of the death
On completion of the term of this Kotak Life pension plan, the vesting benefit is payable which is the Sum Assured plus the accrued reversionary bonuses and accrued
guaranteed additions subject to a minimum of 105 % of the sum of premiums paid
Not exact matches
2)
Guaranteed Additions:
Subject to the Policy being in force and all due premiums being paid,
Guaranteed Additions, equal to 10 % of the Sum Assured shall accrue as per the schedule given in the table below:
The
guaranteed additions are paid out on Maturity of the policy,
subject to the policy being in force.
In
addition, on Maturity Date, a Guaranteed Maturity Addition of 30 % of the «Sum Assured on Maturity» will be payable to the Policyholder, subject to the Policy being i
addition, on Maturity Date, a
Guaranteed Maturity
Addition of 30 % of the «Sum Assured on Maturity» will be payable to the Policyholder, subject to the Policy being i
Addition of 30 % of the «Sum Assured on Maturity» will be payable to the Policyholder,
subject to the Policy being in force.
In case of death higher of the Sum Assured on maturity or 10 / 7 times the annual premium including the
guaranteed additions, vested bonuses and terminal bonus, if any, is paid
subject to a minimum of 105 % of all premiums paid till the date of death
On Maturity, Sum Assured on maturity +
Guaranteed Terminal
Additions + Simple reversionary bonus is paid
subject to a minimum of 101 % of all premiums paid
On maturity, the Sum Assured on maturity along with the
Guaranteed Terminal
Additions and vested simple reversionary bonuses is paid
subject to a minimum of 101 % of all premiums paid
The proceeds after
addition of interest
subject to a minimum
guaranteed interest rate as stipulated by IRDAI is payable after the end of the lock - in period.
The proceeds after
addition of interest
subject to a minimum
guaranteed return as stipulated by IRDAI is payable after the end of the lock - in period.
2)
Guaranteed Additions:
Subject to the Policy being in force and all due premiums being paid,
Guaranteed Additions, equal to 10 % of the Sum Assured shall accrue as per the schedule given in the table below:
The proceeds after
addition of interest
subject to a minimum
guaranteed return of 4 % p.a or as stipulated by IRDAI is payable after the end of the lock - in period.
The total death benefit payable is
subject to a minimum of Death Sum Assured plus Accrued Annual
Guaranteed Additions.
The proceeds after
addition of interest
subject to minimum
guaranteed interest rate is payable after the end of the lock - in period.