Sentences with phrase «joint life option»

This loan insurance scheme also has additional features such as joint life option, multiple premium payment options and hassle - free issuance on group platform.
I have applied home loan in IDBI Bank Ltd of amount Rs. 35,00,000 / - and I would like to secure my loan liability through home protection plan (MRTA) as they are charging 1,52,000 / -(one time premium) against my home loan for tenure 25 yrs for Joint life option.
The spouse can also be covered under the plan under joint life option either since inception or during the term under the Life Partner Benefit
He signed a Teachers» Pension Plan spousal declaration in which he elected a 100 % joint life option naming the Appellant as the beneficiary of the survivorship interest in the pension plan.
Jackson reserves the right to prospectively increase the charge on each fifth Indexed Option Anniversary up to 0.20 %, subject to a maximum annual charge of 2.10 % (2.40 % for joint life options).
Or you can start taking withdrawals anytime following the rider anniversary after the annuitant turns age 59 (based on the younger individual for the joint life option).
Following his death, the Appellant received the pension benefits payable pursuant to the joint life option.
2The Changing Needs Option is not available on tax qualified plans or with a joint life option, nor is it available in all jurisdictions.
If you choose an annuity with a joint life option with survivor benefits, you are selecting a contract that will continue to make payments to your surviving beneficiary after your death, or will continue to make payments to you after your beneficiary's death.
Under the joint life option, in case of the first death, the Sum Assured is paid and the plan continues.
Under the joint life option of the plan, in case of the first death, the Sum Assured is paid and the plan continues.
In case of joint life option, in case of death of one partner policy will continue with a reduced premium amount.
Joint life options is 40 years.
During the first death under the joint life option, the insurance company pays the sum assured and the plan still continues.
The minimum age for tied annuity is 0 years for single life options and for joint life options is 18 years
For example, if your single - life pension payout at age 65 is $ 5,000 per month, and your joint life option is $ 4,000 per month, choose the higher single - life option.
The number of joint life options are limited.
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