Sentences with phrase «guaranteed yearly income»
Additional benefit: Some child insurance plans also provide a guaranteed yearly income to your children for the rest of the premium paying period in case of early death of their parents.
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He wants a guaranteed yearly income of about Rs. 50,000 soon after stopping to pay the Premiums and he also wishes to increase the income by approx by another Rs. 50,000.
Not exact matches
Annuity: A specified income paid yearly or at other regular intervals, often on a guaranteed dollar basis.
Variable annuities also offer «guaranteed income riders» which guarantee a person a yearly income for as long as they are alive.
Fixed and indexed annuities offering an increasing death benefit can be a valuable feature for those looking to guarantee yearly gains, establish a lifetime income stream or pass an existing tax - deferred asset to the next generation.
The plan guarantees a yearly additional income for a fixed period of 15 years which functions as a second income.
Consequently, he decided to purchase Max Life Guaranteed Income Plan for a term of 6 years, and the yearly premium was Rs. 1,00,000.
Regular guaranteed income as monthly or yearly payout after completion of the premium payment term.