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 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.
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.
These plans come with a provision of partial withdrawals that allow you to withdraw
lump sum amount from the yet - to - mature policy.
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.
On policy maturity, you get a guaranteed
lump sum amount along with bonuses accumulated during the policy term.
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.
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.
An annuity in which benefits begin soon after the annuity is purchased by paying a one -
time lump sum amount.
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.
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»