Sentences with phrase «higher of sum»

Death benefit amount: Higher of sum assured on maturity, 105 % of premiums paid and 10 times annualized premium.

In case of sudden demise, the nominee will get the higher of sum assured or 105 % of the total regular premium paid.

Lastly, you get insurance coverage too where higher of the sum assured or the fund value is paid in case of death.

Death benefit amount: Higher of sum assured or maturity sum assured or 10 x annual premium or 105 % of total premiums paid

Higher of sum assured along with non guaranteed simple reversionary bonuses and non guaranteed terminal bonus paid as a lump sum or 105 % of all premiums paid

Death benefit amount: Higher of sum assured or 10 x annual premium or 105 % of total premiums paid or maturity benefit

For 7/10 years premium pay option, Sum Assured on Death is higher of sum assured or 10 times of annualized premium.

For regular / limited pay policies (age at entry less than 50 years), it is higher of sum of Sum Assured including Top - up Sum Assured and Fund Value including Top - up Fund Value or Minimum Death Benefit.

Death Benefit payable will be higher of sum assured on death or 105 % of premiums paid as on date of death

For single pay option, Sum Assured on Death is higher of sum assured or multiple of single premium.

In the event of death of the life insured during the policy term, the higher of sum assured or 105 % of the total premiums paid or Fund Value is payable, provided the policy is in - force.

Here, Sum assured on death is higher of sum assured on maturity or multiple of annualized premium.

In case of survival till vesting or maturity of the policy, the life insured will receive the higher of sum assured plus sum of all guaranteed additions plus Simple Reversionary Bonus and Terminal Bonus OR Defined Assured Benefit.

Life Option Before age 60 years, the Death Benefit payable is higher of sum assured less partial withdrawals (in preceding two years), 105 % of all premiums / single premium paid or Fund value.

Scenario B - Death Benefit: In the event of his death during the 14th policy year, the Death Benefit payable is higher of the sum assured or regular premium fund value Plus higher of top - up premium sum assured or top - up premium fund value, if any.

Here, sum assured on death is higher of sum assured on maturity or 10/7 times of annualized premium for entry age up to 50 years / entry age above 50 years.

In the event of death of the life insured during the policy term, the Death Benefit as a lump sum is payable to the nominee, which is higher of the sum assured or regular premium fund value Plus higher of top - up premium sum assured or top - up premium fund value, if any.

Classic Waiver Option - The death benefit is higher of sum assured on death or 105 % of the premiums paid.

Here, Sum Assured on Death is higher of sum assured, 105 % of total premiums paid, or total premiums paid compounded @ 1 % p.a

Death benefit amount: Higher of sum assured and accrued bonuses or 105 % of premiums paid shall be payable

For single premium, Sum Assured on Death is higher of sum assured or multiple of single premium.

Death Benefit payable is higher of the sum assured on death or 105 % of the premiums paid.

For limited premium, Sum Assured on Death is higher of sum assured or 10 times of annualized premium.

Sum assured on death is higher of sum assured or guaranteed maturity benefit.

In the event of death of the life insured during the policy term, the Death Benefit as a lump sum is payable to the nominee, which is higher of the sum assured or single premium fund value Plus higher of top - up premium sum assured or top - up premium fund value, if any.

In the event of death of the life insured during the policy term, the Death Benefit payable is higher of the sum assured, fund value, or 105 % of the total premiums paid.

Scenario B - Death Benefit: In the event of his death during the 16th policy year, the Death Benefit payable is higher of the sum assured or single premium fund value Plus higher of top - up premium sum assured or top - up premium fund value, if any.

For single pay policies, the sum assured on death is higher of sum assured (as on date of death) or 125 % of single premiums.

If the insured dies, the nominee shall be paid higher of sum assured or 11 times the annual premium is paid including guaranteed additions subject to a minimum of 105 % of total premiums paid till the date of the death

Classic Waiver: Death benefit will be higher of sum assured or 105 % of all premium paid till the date of death plus future premium will be paid by the company as policy remains active plus fund value will be paid at the time of maturity

Death Benefits: If the policyholder dies before the end of policy term, the nominee shall be paid the higher of the sum assured (minus partial withdrawals, if any) or the total fund value or 105 % of the total premiums paid till the date of the death

On death before the beginning of risk, an amount equivalent to the policy holder's fund value will be payable, whereas on death after the date of beginning of risk, an amount equivalent to the higher of sum assured or policy holder's fund value to be paid.

Death Benefit: The policy covers the insured till 100 or 85 years of age and in case the insured dies within policy term, the nominee shall be eligible for a sum assured payable on death that is higher of sum assured on maturity or 11 times annualized premium or 105 % of all premiums paid till the date of death

In case of any unforeseen situation like death, the insurer pays your nominee the higher of the sum assured or the available fund value.

Life Option: The nominee shall receive higher of sum assured less applicable partial withdrawals or fund value or 105 % of premiums paid

Death Benefit: In a situation where policyholder dies during the term of the plan, the nominee shall be paid the higher of sum assured or fund value or 105 % of all premiums paid till the date of the death

Death / Accidental Total Permanent Disability: If the insured dies within the policy term or gets accidental total permanent disability (ATPD), he will be eligible for the higher of sum assured plus non-guaranteed revisionary bonuses and terminal bonuses, if any or 105 % of all premiums paid as on date of the death.

If the policyholder dies during the policy term, the nominee shall be paid death benefit that will be higher of sum assured or the fund value at that time.

However, if the suicide is committed after the revival of the period, then the higher of the sum assured or 80 % of the premium is paid.

Various insurance companies also offer a higher sum that may be calculated as the higher of the sum assured, the maturity benefit, or a certain percentage of the premium paid so far.

On demise of the policyholder, higher of the sum assured including top - up sum assured excluding the partial withdrawals or fund value including top - up fund value or minimum death benefit is payable.

If the insured dies then higher of the sum assured or ten times the annual premium or 105 % of the total paid premium is payable + accrued reversionary bonuses and Terminal Bonus is also payable if any.

Also, in the event of unfortunate death, a lump sum benefit equal to higher of the sum assured or 105 % of all premiums paid till date of death will be payable.

The life insured dies before the age of 60 years, the sum assured will be higher of the sum assured amount and the total fund value till date (having deducted all the withdrawals made within two years before death).

At the time of maturity, the insured can avail higher of the sum assured including bonuses or 101 % of the total premiums is guaranteed to be paid

The beneficiary, in the event of the death of the insured person, will get death benefit, which is the higher of the sum assured or fund value in the investment account or 105 % of the total premiums paid till date.

In this plan, on the death higher of the sum assured, 10 times of annual premium or 105 % of premium paid is given to the nominee.

The iMaximize plan comes with a choice of two death benefit options — higher of sum assured or fund value; or sum assured, additional savings benefit, and income benefit.

Offers options to choose either a.) Higher of sum assured or the fund value b.) sum assured + fund value

In case of an unfortunate event of the life insured's demise, the nominee will gets death benefit, which is the higher of the sum assured or the fund value at that time.