Sentences with phrase «holders after the maturity»

As long as all due payments have been made, the issuer has no further obligations to the bond holders after the maturity date.

Not exact matches

A contract provision which allows the segregated fund contract holder to lock in the current market value of the fund and set a new maturity date 10 years after the reset date.

All contracts have a maturity date, which is the date at which the maturity guarantee is available to the contract holder — usually after 10 years.

Like any other Life Insurance, here also you will get assured sum after maturity and in case of death of the policy holder the nominee will be benefited by the amount.

LIC agent has approached me for new endowment plan for 16 years, sum assured Rs. 9,00,000, premium is Rs. 60,000 pa, maturity benefits is Rs. 21,24,187 after maturity if I opt for pension plan Rs. 16,197 pm till the death of policy holder at his death maturity benefit amount will be paid to nominee.

Maturity Benefit: On completion of policy tenure, policy holder will get the remaining money after money back as survival benefit.

Now if you consider bonus rate = Rs 41.00 / 1000 sum assured (this is just an example, not sure about the current accurate bonus rate), then after maturity policy holder will earn 82000 as bonus.

After the date of maturity, all death claim benefits cease to exist and the policy holder is paid the agreed sum assured along with vested bonus.

Jeevan Anand is a good policy where policy holder gets returns and also risk coverage will continue after maturity.

An endowment policy is a life insurance contract designed to pay a lump sum after a specific term (on its «maturity») or on the death of the policy holder.

This benefit of amount is generally applicable after the maturity of the policy, but even at cases of death of the policy holder and sometimes during critical illnesses.

Like other plans here also you will get assured sum after maturity and in the case of the death of the policy holder the nominee will be benefited by the sum assured amount.

So, as per above example, policy holder needs to pay the premium of Rs. 10,443 per year for 20 years and maturity will happen after completion of 20 years.

Insurance21 Replied: 16-06-2017 09:46:42 In New Jeevan Anand 815, in case of death after maturity, policy holder's nominee will get an amount equal to sum assured as death claim amount.

After taking Jeevan Shikhar policy as per above details, two cases are possible, In first case policy holder survives 15 years and collects maturity or in second case, unfortunate death happens before 15 years and nominee gets death claim amounts.

Insurance21 Replied: 30-03-2018 12:25:36 If the policy has been taken with premium waiver rider and proposer's death happens during premium paying term (for example 1 or 2 year after taking policy), then further premium will be waived off and all benefits will be paid to child (policy holder) at the time of money back and maturity.