Sentences with phrase «last guaranteed annual payout»
The last Guaranteed Annual Payout will be made on survival to maturity.
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It is paid out as guaranteed annual payouts either in the last 3 or last 5 years of the policy, depending on the policy term you choose.
Money backs are paid in the form of Guaranteed Annual payouts either in the last three plan years at 20 %, 20 % and 60 % of basic Sum Assured or in the last five years of the plan at 20 % of the basic Sum Assured every year.
Moreover, all future premiums are waived and Guaranteed Annual Payouts of Rs 2,00,000 will be payable in the last four policy years before the maturity of the policy.
The guaranteed annual payouts are also payable in the last 5 years (20 % in each of the last 5 years) and it is applicable when the policy term is 15 to 25 years.
Guaranteed annual payouts are payable for the last 3 years (20 % each of the last 2 years from maturity and 60 % at policy maturity) and it is applicable when the policy term is 10 to 14 years.