Sentences with phrase «guaranteed sum assured»

If age at entry is less than 45 years, sum assured on death is higher of 10 times of annualized premium or minimum guaranteed sum assured.

Sum assured is equal to or higher than 10 times of annualized premium or Minimum guaranteed sum assured on maturity.

Here, Sum Assured on Death is higher of guaranteed sum assured on maturity or basic sum assured or multiple of annualized premium.

For participating products, it would either be five times the annualised premium or any absolute amount assured to be paid on death or the least guaranteed sum assured on maturity, whichever was the highest.

Under this policy, Sum Assured on Death is higher of basic sum assured, guaranteed sum assured on maturity, or multiple of annualized / single premium.

Sum Assured on Death is higher of basic sum assured, multiple of annualized premium, or guaranteed sum assured at maturity.

Here, Sum Assured on Death is higher of absolute amount assured to be paid on death, 10 times of annualized premium, or guaranteed sum assured on maturity.

For those aged 45 years or more, it would be seven times the annualised premium or 105 per cent of all premiums paid on the date of death or the least guaranteed sum assured on maturity or any absolute amount assured to be paid on death, whichever is the highest.

For non-single products with a term of 10 years or more, the minimum death benefit would either be ten times the annualised premium or 105 per cent of all premiums paid on the date of death or the least guaranteed sum assured on maturity or any absolute amount assured to be paid on death (for non-par products for those below 45 years), whichever is the highest.

Death sum assured which is the highest of 10 times the Annualized Premium or Basic Sum Assured (BSA) or minimum guaranteed sum assured on maturity or 105 % of all paid premiums.

Raman will receive 20 % of Rs 5 lacs (Base Sum Assured) which is Rs 1 lac in the last three years plus Minimum guaranteed sum assured on maturity is 40 % of the base sum assured which is Rs 3 Lacs plus accrued terminal and simple reversionary bonus.

Raman's nominee will receive Death sum assured of Rs 5 Lacs (or highest of 10 times the Annualized Premium or minimum guaranteed sum assured on maturity or 105 % of all paid premiums).

Depends on the payment mode, Guaranteed sum assured, annualized premium and total premium paid till the death

For life insured with the entry age of 5 years and above, the death sum assured, irrespective of survival benefit already paid, is either equal to or higher than of 10 times of annualized premium, or 105 % of premiums paid till date of death, or minimum guaranteed sum assured on maturity or absolute amount assured to be paid on death.

In the event of death of the Life Insured, Death Benefit will be higher of 105 % of the premiums paid until the death of the policyholder OR eleven times of the annualised premium OR guaranteed sum assured on maturity OR any assured amount that has been earlier agreed to be paid in case of death

On maturity, the guaranteed sum assured is payable along with Bonus.

Here, basic sum assured is equal to guaranteed sum assured at maturity.

In the event of the death of the life insured, a lump sum amount of the guaranteed sum assured is paid to the nominee.

Sum assured applicable for death / maturity benefit is equal to or higher of 10 times of annualized premium, sum assured, minimum guaranteed sum assured on maturity, or 105 % of the total premiums paid.

Guaranteed additions are added to your plan in the first 5 years at the rate of «50 per «1,000 of the guaranteed sum assured, provided each full annual premium is paid when due.

The Birla Sun Life Protect @Ease Term Plan offers minimum guaranteed sum assured which is NIL.

On death of policy holder, his / her family will get highest of any one of them: 10 times of annualized premium or guaranteed sum assured or 105 % of all the premiums paid as on the date of death.

As a survival benefit at the end of policy term the policyholder receives guaranteed sum assured, vested simple reversionary benefit, terminal bonus (if any).

Under this Plan, Minimum guaranteed sum assured on maturity» is zero.

Under this plan, the minimum guaranteed sum assured on maturity is nil.

10 times the annual premium, or 105 % of all premiums paid till the date of death, or Guaranteed sum assured on maturity, or Base Sum Assured

Save Assure - Traditional Endowment Plan: It provides protection to you and your family along with the guaranteed sum assured.

On maturity or on the death of the life insured, the plan offers guaranteed sum assured along with additional bonuses.

If the life insured outlives the policy's maturity date, he or she receives a maturity benefit, which is equal to the guaranteed sum assured plus the simple reversionary bonus and terminal bonus (if any).

In this new insurance scheme on maturity, you will receive guaranteed sum assured along with vested compound reversionary bonus and terminal bonus, if any, provided the policy is in force and all due premiums have been paid.

There is a guaranteed sum assured along with bonuses which would be given in lump sum as the death benefit to your nominees.

The below would be payable: a.) Guaranteed sum assured on maturity b.) Vested Reversionary Bonuses and Terminal Bonus, if any

It will be higher of, ten times of the annualized premium as compared to 105 % of all premium settled as at the date of passing on or guaranteed sum assured on maturity or on the demise of the policyholder.

This guaranteed sum assured would be

If the insured dies after 45 years of age, highest of — sum assured, 110 % of the single premium, minimum guaranteed sum assured is paid on maturity

Offers guaranteed sum assured on maturity equal to the sum assured would be paid to the policy holder

In the return of premium option, in case of the death of the insured with less than 45 years, highest of - the sum assured or 125 % of the single premium is paid or minimum guaranteed sum assured on maturity is paid.

The Future Generali Life Insurance Care Plus Plan is a pure play term policy that offers a guaranteed sum assured on the unfortunate demise of a policyholder.

The Irda draft norms also underline that except for pension products, all Ulips will have either a guaranteed sum assured payable on death or a guaranteed sum assured to meet the health cover.

Term Insurance: This type of policy guarantees the sum assured in case of death of the insured during the term of the policy.

Paying the cost of a bottle of scotch (approximately Rs. 7,000) towards a term plan per annum can keep you covered for a term of 35 years and guarantee a sum assured of Rs. 1 crore.

Term Insurance: This type of policy guarantees the sum assured in case of death of the insured during the term of the policy.

Not exact matches

Absolute amount assured to be paid on death equal to the sum assured Plus, any Guaranteed Additions accrued as on the date of death; or

The policy has a risk free component under which a certain sum is assured, some endowment policies may also include profit component but that is not guaranteed.

In case of ULIPs (issued after Sep 2010), if discontinued in first 2 years then the sum assured will be paid after the lock - in period of 5 years with minimum guaranteed return of 4 %.

The insured gets the sum assured along with bonus and guaranteed additions that accrues during the term.

Grace period for Bharti AXA Life Elite Secure and Aegon Religare Guaranteed Income Advantage Insurance Plan is an important point to be compared with other points such as amount of sum assured, plan benefits, riders, etc..

Grace period for Future Generali Pension Guarantee and Shriram New Shri Vidya Plan is an important point to be compared with other points such as amount of sum assured, plan benefits, riders, etc..

Grace period for LIC New Endowment Plan and Future Generali Pension Guarantee is an important point to be compared with other points such as amount of sum assured, plan benefits, riders, etc..

Grace period for Sahara Pay Back and IndiaFirst Guaranteed Retirement Plan is an important point to be compared with other points such as amount of sum assured, plan benefits, riders, etc..