Future Generali Life Insurance's Assured Money Back Plan is a limited premium payment plan that offers
guaranteed maturity benefits as well as money back, in addition to life cover.
Special Surrender Value = % of Paid - Up Sum Assured on Death + % of
Guaranteed Maturity Benefit + Paid - Up Guaranteed Additions + % of Vesting Bonus
On survival of the life assured till completion of the premium paying term, Guaranteed Cash Benefit as 1 % & 11.5 % of
Guaranteed Maturity Benefit for monthly & Annually cash benefit mode, respectively.
BSLI Future Guard Plan is a traditional non-participating term plan with return of premium which takes care of the policyholder's family in the unfortunate death of the policyholder and also provides
guaranteed maturity benefits after the end of the policy term
As per the Insurance regulatory and Development Authority of India (IRDAI), the insurance providers are bound to provide a no - zero return on all premiums or
guaranteed maturity benefits attached with pension plans.
On survival of the life assured till maturity,
guaranteed maturity benefit becomes payable which depends on the premium band, entry age, policy term chose, death benefit option chosen and gender
At maturity, you will receive
Guaranteed Maturity Benefit i.e. Sum of Basic Sum Assured (BSA), Accrued Guaranteed Yearly Additions (GYA) and Guaranteed Loyalty Addition (GLA).
Offers fixed benefits: a.) Fixed money back during the last five years of the plan b.) Fixed loyalty additions of 3 % of base sum assured accruing each year c.)
Guaranteed maturity benefit as total accrued fixed loyalty addition
In case of death of the insured, higher of the Sum Assured including vested bonuses and any terminal bonus or
Guaranteed Maturity Benefit including the vested bonuses and any terminal bonus is paid to the nominee subject to a minimum of 105 % of all premiums paid till the date of death
Maturity Benefit — Maturity Benefit is available to the life assured as
Guaranteed Maturity Benefit + Vested Reversionary Bonuses and Terminal Bonus (if any).
Scenario A: Raman Survives the Policy Term If Mr. Raman survives till the maturity of the policy term, he
receives Guaranteed Maturity Benefit of Rs 5.31 Lacs plus bonuses of Rs 9.31 Lacs.
The Kotak classic endowment plan is a traditional participating plan which
offers guaranteed maturity benefits and offers life protection to the policyholder along with the life cover throughout the p... Read more
As maturity benefit, a person will receive the fund value as on date (including guaranteed loyalty additions) or
guaranteed maturity benefit of 101 % of the total premiums paid, whichever is higher.
On maturity,
a Guaranteed Maturity Benefit is paid expressed as the Single Premium multiplied by the Guaranteed Maturity Factor where the factor depends on the age of the policyholder, amount of premium and the plan tenure chosen.
This plan gives you a guaranteed income till 100 years of age and provides
a guaranteed maturity benefit so that you can pursue all your passions without any worry.
In case of death of the insured higher of the Sum Assured including the Guaranteed Additions, vested bonuses, terminal bonus, if any or
the Guaranteed Maturity Benefit including the Guaranteed Additions, vested bonuses, terminal bonus, if any, or 105 % of all premiums paid till the date of death is payable to the nominee
On maturity of the plan,
the Guaranteed Maturity Benefit including the Guaranteed Additions, vested bonuses, terminal bonus, if any, is paid to the policyholder
The Guaranteed Maturity Benefit depends on the premium paid, term, age and the premium paying term.
On death higher of 125 % or 110 % of the Single Premium paid depending on the age of the policyholder or
the Guaranteed Maturity Benefit is paid
Guaranteed Additions @ 5 % of
the Guaranteed Maturity Benefit is paid every year in the first 5 years of the plan.
On maturity, higher of
the Guaranteed Maturity Benefit including the vested bonuses and any terminal bonus or 100.1 % of all premiums paid net of any Guaranteed Cash Benefit already paid is paid to the policyholder.
On Maturity date, you will receive higher of the Fund Value as on that date (including Guaranteed Loyalty Additions) or
Guaranteed Maturity Benefit of 101 % of the total premiums paid.
On maturity, higher of
the Guaranteed Maturity Benefit + reversionary bonuses + terminal bonus, if any or 100.1 % of all premiums paid less Guaranteed Cash Benefits already received is paid to the policyholder