Sentences with phrase «lump sum amount»

A settlement is a guaranteed lump sum amount of money that a person could receive to cover their injury - related expenses.
In this scheme, the beneficiaries such as family / dependents of the life insured will get lump sum amount in case of death or critical illness.
Extended cover: You can get lump sum amount at maturity and life cover for the policy term.
You family is paid lump sum amount on death.
You also enjoy a lifelong coverage up to the age of 85 and are also eligible to receive lump sum amount on maturity.
The benefits are paid as lump sum amount which remains constant throughout the policy period.
To meet the financial obligations, the plan offers liquidity in the form of money back at regular intervals, the policyholder gets lump sum amount at higher rate of return.
The plan provides lump sum amount for both, early and major stage of cancer.
You can invest lump sum amounts in these funds for short - term goals.
Get lump sum amount equal to rider sum assured on diagnosis of any of listed critical illnesses as per your listed plan.
This plan offers an insurance policy that offers regular monthly income along with lump sum amount on maturity.
For the sake of the critical illness health insurance, you will get lump sum amount if you are experienced with serious illnesses that have been covered by insurance policy.
A critical illness policy or rider offers lump sum amount coverage against critical illnesses.
These plans come with a provision of partial withdrawals that allow you to withdraw lump sum amount from the yet - to - mature policy.
This plan provides guaranteed lump sum amount on maturity that helps achieve the objective of wealth accumulation.
Under this option, you pay a one time lump sum amount up - front at closing equal to 3 - years of monthly mortgage insurance.
Some people have proven that they are irresponsible with money, and so giving them a large lump sum amount is a disaster waiting to happen.
The nominees can opt for full lump sum amount payable on death of the policyholder, or 50 % upfront, followed by annual income for next 10 years.
Monthly income will also be a good choice if you feel your family may not be able to manage lump sum amount properly.
A tax free lump sum amount equal to sum assured and accumulated bonuses will be given on maturity.
On policy maturity, you get a guaranteed lump sum amount along with bonuses accumulated during the policy term.
I also put lump sum amounts in too if there's something interesting to buy.
The annuity payouts begin immediately after payment of a single lump sum amount (known as the purchase price).
At the end of this time, you get a huge lump sum amount of money back which will include the interest earned.
Many policies offer regular lump sum amounts on an annual basis after the child reaches the age of 18 years.
For instance, a critical illness rider will pay a specified lump sum amount in case the policy owner is diagnosed with any of the illnesses mentioned in the policy document.
This proves to be helpful as you usually receive the amount when you need the cash badly and getting the maximum possible lump sum amount of money helps.
The offered lump sum amount helps your family to pay off the loans, mortgage and secure a good education for kids.
In case of death of policyholder, nominee will have the option to either select lump sum amount or regular monthly income.
The critical illness cover provides immediate lump sum amount irrespective of the total expenses incurred during the actual medical treatment.
Unlike a health insurance policy, here lump sum amount of the rider is paid irrespective of the expenditure incurred.
Under some of the Canadian programs all people who have been removed could make claims for minimum lump sum amounts of between $ 3,000 and $ 5,000.
It is the cheapest form of life insurance that ensures a high lump sum amount to secure your family's future.
The answer to the question of «who does better» completely changes when these same investors instead invest all their money in the beginning of the time period as lump sum amounts.
This combination provides financial support for the family of the deceased policyholder any time before maturity and good lump sum amount at the time of maturity for the surviving policyholders.
Here the policy holder can pay lump sum amount or premiums for certain years to get annuity in later years.
With optional health covers along with this plan, you can get a tax - free lump sum amount if diagnosed with serious illnesses.
Life insurance is referred as death benefit as it provides lump sum amount to the beneficiaries, upon insured's unfortunate death.
Moreover, if there is any surgery undertaken on the insured, an additional lump sum amount is also paid by the company.
I also put lump sum amounts in too if there's something interesting to buy.
An annuity in which benefits begin soon after the annuity is purchased by paying a one - time lump sum amount.
Offers lump sum amount to take care of your liabilities.
Term insurance ensures that your family gets a large lump sum amount, i.e. sum assured after your death to lead a financially stable life.
If you stay invested for the policy term you choose, then on maturity you become eligible to receive a guaranteed lump sum amount.
Additionally, if you feel your family can easily manage lump sum amount, you should go for lump sum option.
You have to pay the premium for a few years and you get guaranteed benefits like regular income lump sum amount on maturity and life insurance cover throughout the policy term.

Phrases with «lump sum amount»

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