Sentences with phrase «initial lump sum benefit»

Not exact matches

Another strategy: By making a single lump sum into a dividend paying stock (especially the ones that have historically increased dividends annually), one would effectively get the benefit of an initial lump sum strategy AND would get the dividends reinvested for free using a dollar - cost averaging model.

Death Benefit - In case of the demise of the insured within the initial 5 years of the policy issued date (i.e. before the vesting date), a basic sum assured plus accrued guaranteed addition in paid to the policy beneficiary either in a lump - sum or as the annuity or as a combination of two.

This product guarantees a stream of income, derived from an initial lump sum payment, for as many years as you like, up to a lifetime of benefits.

The 50 % Death Benefit guarantee means that regardless of what happens with the SPIA policy, one - half of the initial premium will go to the beneficiaries in a lump sum.

Religare Assure Plan is a critical illness benefit policy, which will pay a lump sum amount on the diagnosis of the covered illness of specified severity post the initial waiting & survival period.

Bajaj Allianz Critical Illness Plan is a critical illness benefit policy, which will pay a lump sum amount on the diagnosis of the covered illness of specified severity post the initial waiting & survival period.

Future Generali critical illness plan is a critical illness benefit policy, which will pay a lump sum amount on the diagnosis of the covered illness of specified severity post the initial waiting & survival period.

Bereavement Support Payment consists of an initial lump sum payment of # 2,500 (or, if you have children, # 3,500) and a further 18 monthly instalments of # 100 (or, if you're eligible for Child Benefit, # 350).