Sentences with phrase «guaranteed lump sum at»

This plan also provides guaranteed lump sum at maturity along with life cover for the entire policy term.

Guaranteed lump sum at the end of policy term.

Not exact matches

With these accounts, you contribute a lump sum today that is guaranteed to pay for a certain period of time (such as a semester) at a qualifying institution in the future.

A Single Premium policy is the one in which the premium amount is paid in lump sum at the beginning of the policy as a return for the death benefit which is guaranteed to be paid up until the death of the policyholder.

At first glance, I'd say you probably don't need to put any of your savings into an immediate annuity, a type of investment that converts a lump sum into guaranteed monthly payments for life.

You hand over a lump sum to an insurer and begin receiving guaranteed monthly payments for the rest of your life immediately with an immediate annuity or, in the case of a longevity annuity, payments that start at later time, say, 10 or 15 years after you retire.

You hand over a lump sum to an insurer in return for the insurer's promise to pay you guaranteed monthly payments for life that start at once (immediate annuity) or at some point in the future (longevity annuity).

Most insurance companies in India offer online money income plans that help the insured and his or her nominees to get a guaranteed monthly income along with a lump sum payment, if the plan allows, at the end of the plan tenure.

This offers guaranteed benefits includes fixed addition that accrue every year with an additional lump sum at maturity.

You have to pay premium for few years and you get guaranteed benefits like regular income at an attractive rate of 11 % - 13 % p.a., lump sum amount on maturity and life cover throughout the policy term.

A non linked participating plan offering Non-Guaranteed Cash Bonuses, Guaranteed Survival Benefits, and a lump sum at the end of the Policy Term

Commuting the maturity proceeds as a lump sum amount to the extent allowed under Income Tax act and balance amount to be utilised to purchase an immediate annuity from Future Generali India Life Insurance Co. Ltd. (FGILICL), which shall be guaranteed for life, at the then prevailing annuity rate.

Endowment policies are meant for those looking for regular savings with a 100 % guarantee on their investment, those who require a lesser sum assured, and a lump sum amount at a particular age.

One can either go for a money back option which offers guaranteed payouts every year after a few years or a lump sum payout at the end of maturity of the insurance.

Commuting the proceeds as a lump sum amount to the extent allowed under Income Tax act and utilizing the remaining amount to purchase an Immediate Annuity (guaranteed for life) from Future Generali India Life Insurance Co. Ltd. at the then prevailing annuity rate

The policyholder will receive a lump sum bonus at maturity, and regular guaranteed payout for 15 years after the maturity.

Option 2: Receive 50 % of the Guaranteed Death Benefit as a lump sum and 0.42 % of Guaranteed Death Benefit as monthly income for the next 10 years increasing at 8.50 % p.a. (simple rate) every year starting from the policy anniversary following the date of death of the life insured

They provide reasonable coverage while investing your money and offer a guaranteed lump sum payout, called an endowment, at the end of the policy term.

A money back plan offers a guaranteed lump sum plus bonuses at the maturity of the policy, as applicable under the policy.

Max Life Monthly Income Advantage Plan is a participating, money back life insurance plan that ensures guaranteed monthly income for 10 years plus provides lump - sum benefit of non-guaranteed bonuses at maturity that helps meet long term financial goals.

A plan that offers you Non-Guaranteed Cash Bonuses from the 7th year, Guaranteed Survival Benefits from the 10th year onwards, as well as a lump sum at the end of the Policy Term.

A plan that offers a lump sum at the end of the premium payment term followed by increasing guaranteed payouts until maturity and a lump sum payout at maturity.

b.) With the Endowment option you will get a guaranteed lump sum amount at Maturity, provided the Policy is in force, to help meet your child's dream.

A traditional non linked participating plan that offers you Non-Guaranteed Cash Bonuses from the 7th year, Guaranteed * Survival Benefits from the 10th year onwards, as well as a lump sum at the end of the Policy Term.

Bharti AXA Life Super Series is a non par, Money back plan that provides a lump sum payout on completion of the premium payment term along with increasing guaranteed payouts until maturity and a lump sum payout at Maturity.

Benefit at Maturity: A lump sum amount equal to Base Sum Assured multiplied by Guaranteed Maturity Multiple (GMM) is payable.

You have an option to receive the maturity benefit as a lump sum which is Guaranteed Sum Assured at Maturity equal to 110 % of the Basic Sum Assured plus Vested Reversionary Bonuses plus Terminal Bonus.

The lump sum shall be calculated as a Net Present Value of future payouts at a guaranteed rate of 5 % p.a)

Even as the guaranteed periodic lump sums ensure financial support at crucial junctures of life, the increasing guaranteed monthly income provides an additional support to take care of increasing expenses,» Reliance Life Insurance Chief Executive Officer Anup Rau said in a release issued here.

Offers life insurance cover, lump sum benefit at maturity, regular guaranteed payouts for 15 years after maturity

One can choose for the money back option which offers guaranteed payouts every year and after a few years, a lump sum amount is paid out at the end of the maturity of the policy.

Death after first five policy years: Provided the policy is in full force, Basic Sum Assured along with accrued Guaranteed Addition, Vested simple Bonuses and final additional bonus, if any, shall be paid as lump sum or in the form of an annuity or partly in lump sum and balance in the form of an annuity to the nominee / legal heir at the then prevailing immediate annuity rates.