Sentences with phrase «income till the end of the policy»

At the end of the term, if the policyholder survives, he gets a regular monthly income till the end of the policy tenure, as specified in the policy (note: in case of MIPs policy tenure is longer than premium payment term).

Lump Sum, Lump Sum + Monthly Income, Monthly Income for a fixed term, Monthly Income till the end of your policy term.

At the end of the premium payment term of 25 years, the policy holder enjoys a guaranteed increasing regular monthly income till the end of the policy term.

Not exact matches

Monthly Income Plan — MetLife Monthly Income Plan is a participating plan guaranteeing a regular monthly income for the policy holder and his family for 15 yrs or till the end of the policyIncome Plan — MetLife Monthly Income Plan is a participating plan guaranteeing a regular monthly income for the policy holder and his family for 15 yrs or till the end of the policyIncome Plan is a participating plan guaranteeing a regular monthly income for the policy holder and his family for 15 yrs or till the end of the policyincome for the policy holder and his family for 15 yrs or till the end of the policy term.

PNB MetLife Income Protection Plan provides dual benefits of financial protection and guaranteed saving upto 150 % of premium paid on survival till the end of policy term.»

Maturity Benefit — if the insured survives till the end of the policy term then he shall receive Maturity Sum Assured + Guaranteed Additions Accrued to date + Accrued Assured Income if opted.

The Guaranteed Base Income (GBI) is paid every year after the completion of the premium paying term till the end of the policy term.

Offers an annual income at the end of each policy year post the premium payment till the maturity of the policy

■ The additional death benefit can be taken as lump sum or as 25 % of basic sum assured paid at the end of the each last four years and family income benefit as 1 % of the basic sum assured at the end of every month following the date of death till the end of the policy term but not less than 36 monthly payments.

Family Income Benefit (FIB)-- An amount equal to 10 % of the Sum Assured will be paid on each Policy anniversary following or coinciding with the Date of Death of the Life Insured till the end of the Policy Term, but not exceeding 10 such installmentsa

Further, 10 % of the Sum Assured is paid to the nominee, every year till the end of the Policy Term, as Income benefit.

Furthermore, Guaranteed Income is paid for minimum 3 years or till the policy anniversary immediately preceding the end of the term

In addition, the nominee also gets the Income Benefit, which is 10 % of the Sum Assured, every year till the end of the policy term, from the date of death of the policy holder.

DHFL Pramerica Family Income Plan is a decreasing term plan offered by DHFL Pramerica Life Insurance wherein the death benefit may either be payable in a lumpsum to the nominee or in equal monthly installments till the end of the policy tenure.

For example, in the case of demise of one of the spouses, some plans offer regular income to the surviving partner for the fixed period till the policy tenure comes to an end.

This income will be paid regardless of whether the policyholder is present or not for 15 years till the end of the policy

You will receive a Guaranteed Monthly Income (in arrears) after the end of the premium payment term on survival of the Life Assured at the end of every month till the end of the policy term.

For policies where the outstanding policy term is less than 48 months, sequence of monthly income payouts will endure to be paid even after the end of the policy, till the 48th installment.

o Monthly Income Benefit: In case of death of the life insured during the policy term, the nominee is entitled to receive the monthly income that starts from the date of death till the end of the policy term, subject to a guaranteed payout for a minimum period of 36 mIncome Benefit: In case of death of the life insured during the policy term, the nominee is entitled to receive the monthly income that starts from the date of death till the end of the policy term, subject to a guaranteed payout for a minimum period of 36 mincome that starts from the date of death till the end of the policy term, subject to a guaranteed payout for a minimum period of 36 months.

Maturity Benefit — On survival till the end of the policy tenure, the policyholder gets last Guaranteed Base Income Payout + Accrued Reversionary Bonus + Interim Bonus (if any) + Terminal Bonus (if any) as Maturity Benefit and the policy terminates.

Monthly Income Payout starts from the next Policy Anniversary till the end of the Premium Paying Term for Regular Benefit

Scenario I: In case of survival of Rao till end of the policy term, the benefits payable are Annual Income @ 8 % per annum: Rs 2,12,345 & 4 % per annum is Rs 1,26,837.

For Option A, you will receive Guaranteed Annual Income (GAI) from the end of the 16th policy year and it is paid every year for 20 years till death or maturity, whichever is earlier.

Guaranteed Income Benefit in form of Monthly Income for 15 years - payable from the end of 121st policy month till the end of Policypolicy month till the end of PolicyPolicy Term.

Guaranteed Monthly Income for 15 years - payable every month from the end of 121st policy month till the end of Policypolicy month till the end of PolicyPolicy Term.

o Option B - Income Replacement: In the event of your death, the nominee will receive a monthly income (increasing @ 5 % per annum compounded annually) till the end of the policyIncome Replacement: In the event of your death, the nominee will receive a monthly income (increasing @ 5 % per annum compounded annually) till the end of the policyincome (increasing @ 5 % per annum compounded annually) till the end of the policy term.

Income Benefit - An amount equal to the Annualized Premium is paid to the beneficiary at the start of every policy year following the date of death till the end of the Policypolicy year following the date of death till the end of the PolicyPolicy Term.

In this Plan, there is a Guaranteed Monthly Income for a period of 15 years or till then end of the Policy Tenure, whether the Life Insured is alive or not.

It is a Monthly Income Plan where there is a Guaranteed Monthly Income for a period of 15 years or till then end of the Policy Tenure, whether the Life Insured is alive or not