Sentences with phrase «guaranteed lump sum payout»
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.
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The limited payment term is 10 years to suit your finances and one receives guaranteed lump sum payout equal to 55 % of the sum assured.
On diagnosis of any critical illness covered under a plan, policyholders will be entitled to get guaranteed lump sum payout.
The policyholder receives guaranteed lump sum payouts on survival until the age of 65 and on maturity of the policy.
Not exact matches
Guaranteed death benefit protection so that your beneficiary receives a lump sum payout when you die.
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.
Under the Aspiration option for Maturity Benefit payout, lump sum is paid on Maturity which is the Sum Assured and Guaranteed Additions where the total benefit received is equal to 125 % of the SA
This product provides guaranteed money back payouts during the policy term along with guaranteed lump sum on maturity and bonus (es) which can be utilized by the customer to fulfill various planned milestones.
The policyholder will receive a lump sum bonus at maturity, and regular guaranteed payout for 15 years after the maturity.
An absolutely immediate plan that allows paying the lump sum amount as an initial deposit, it guarantees the payout as soon as the policy comes into effect.
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.
Death Benefit is equal to an immediate lump sum benefit plus Guaranteed Annual Payouts plus Guaranteed Sum Assured on maturity plus Bonuses are payable.
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.
In the event of unfortunate death of the life insured during the term of the policy, an immediate lump sum benefit plus Guaranteed Annual Payouts plus Guaranteed Sum Assured on maturity plus Bonuses are payable.
The percentage of Guaranteed Payout depends upon the Policy Term, Premium Payment Term and the Premium Amount as mentioned below: (The Policyholder has an option to take the above mentioned maturity benefit as a lump sum.
In case the life insured is diagnosed with a critical illness (from a list of pre-defined critical illness covered under this benefit), a lump sum total of the guaranteed annual payouts, proportional to the premiums received, is paid out immediately to help with the treatment and other expenses.
The lump sum shall be calculated as a Net Present Value of future payouts at a guaranteed rate of 5 % p.a)
Offers life insurance cover, lump sum benefit at maturity, regular guaranteed payouts for 15 years after maturity
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.
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.
In case the life insured is diagnosed with a critical illness (from a list of pre-defined critical illness covered under this benefit), a lump sum total of the Guaranteed Annual Payouts, proportional to the premiums received, is paid out immediately to help with the treatment and other expenses.