Sentences with phrase «instalments during the term of the plan»
Not exact matches
Money Back Plans by LIC are life insurance policies that provide life cover during the policy term and payment of maturity benefit is made in instalments via survival advantages every 5 years.
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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.