The balance number of Units in the Fund at the start of the settlement period will be divided
in equal installments for payout over the settlement period.
If you owe $ 5,000, file on time, and take five months to pay
in equal installments of $ 1,000, you might pay about $ 125 in interest and penalties.
Rest of the due premium is to be paid by the
insured in equal installments within 2 years along with the regular premium as per the tenure of the policy.
Think twice about programming 6 equal payments of $ 16.67, Synchrony will make the minimum payment $ 18.00, if you think you can divide the
balance in equal installments this is where they get you.
In the accompanying example, you can see that Dan purchases 10 shares of a stock for a lump sum of $ 5,000, while Kathy invests her $ 5,000 over a five - month
period in equal installments of $ 1,000 per month.
Specifically, individuals can make a lump - sum gift to a 529 plan of up to $ 65,000 ($ 130,000 for married couples) and avoid gift tax, provided the gift is treated as having been
made in equal installments over a five - year period and no other gifts are made to that beneficiary during the five years.
The insured shall get the Total Fund Value including Top - up Fund Value on Maturity which can be taken in lump sum or under the Settlement Option where the proceeds can be
taken in equal installments over a period of 5 years post maturity
Say the Sum assured is Rs 50 lacs the policy holder premium will get stop plus he will get Rs 50
Lacs in equal installments in 120 months i.e. 41000 every monthly.
Option II - 50 % of total Death Benefit amount is paid immediately on death and the balance amount is paid
annually in equal installments over the period of next 10 years starting from the date of death.
Think twice about programming 6 equal payments of $ 16.67, Synchrony will make the minimum payment $ 18.00, if you think you can divide the
balance in equal installments this is where they get you.
During the following school year, we will take the amount reimbursed out of your paycheck over the 26 biweekly pay
periods in equal installments with no interest.