Sentences with phrase «guaranteed lumpsum»

On death during the policy term, the nominee will receive a guaranteed lumpsum payout with an option to convert it into monthly income for 10 years.

A critical illness insurance plan guarantees you a lumpsum amount on the diagnosis of any of the pre-listed critical illnesses any time during the policy period.

Not exact matches

^ On survival, at the end of the policy term, receive lumpsum benefit as aggregate of: i) Sum Assured of Maturity ii) Accrued Guaranteed Additions.

Sum assured / Guaranteed amount is paid as lumpsum amount in case life insured is diagnosed with any of the 40 listed Critical illnesses.

The policyholder needs to pay the Purchase Price (Or the Premium) in a lumpsum and gets a guaranteed schedule of pension according to the pension option selected.

50 % of Guaranteed Death Benefit payable is payable as lumpsum and an assured monthly income for the next 5 years.

On maturity, you are entitled to receive the sum assured plus the accrued bonus or guaranteed returns and on your premature death, the lumpsum amount is paid to your nominee who is a «child» under a child plan.

Your family can get lumpsum and guaranteed monthly income to take care of household and other regular expenses

At the maturity of the policy, the insured will get the final Lumpsum Amount + Accrued Guaranteed Loyalty Additions + Guaranteed Maturity Additions.

In case of death of the Annuitant within the Policy Tenure, the nominee will receive the Total Premiums paid to date accumulated at a Guaranteed Rate of 6 % p.a. compounded annually as Death Benefit which can be taken by the nominee as a lumpsum or as annuity and the policy terminates.

The insured will get the final Lumpsum Amount of Money Back Benefit + Guaranteed Maturity Addition + the last payout of the Regular Monthly Payout and the policy will terminate.