Sentences with phrase «illness during the tenure of the plan»

There is an inbuilt Payout Accelerator Benefit which pays 50 % of the Sum Assured immediately if the insured is diagnosed with a terminal illness during the tenure of the plan.

Not exact matches

If the chosen Benefit Payment Preference is Save - n - Gain under any of the plan option, in case of death or critical illness suffered by the insured during the tenure of the plan, the Sum Assured is paid to the beneficiary who is the child, all future premiums are waived off and 50 % of the premiums are paid by the company towards the plan and 50 % to the beneficiary on every premium due date and the plan continues.

Yes, HDFC Life Critical Illness Plus Rider is available under the plan which covers 19 critical illnesses and pays an additional Sum Assured if the policyholder is diagnosed with any of the covered illnesses during the plan tenure.

Lastly, the Critical Illness Cover Rider promises the payment of a lump sum amount if the insured is diagnosed with any of the illness covered under the scope of the rider during the tenure of tIllness Cover Rider promises the payment of a lump sum amount if the insured is diagnosed with any of the illness covered under the scope of the rider during the tenure of tillness covered under the scope of the rider during the tenure of the plan

On death or terminal illness of the insured during the policy tenure, the Sum Assured is given in equated monthly instalments for such time which will be equal to the term of the plan chosen.

Option 4 - if Rohit suffers from any terminal illness during the plan tenure, 25 % of the total Sum Assured which is Rs. 25 lakhs would be paid in lump sum.

During the tenure of the plan, if the life insured is diagnosed with any of the above critical illness, then the premium for the remaining policy tenure is waived off.