Sentences with phrase «lump sum at»

With this option, you can get out of paying monthly private mortgage insurance by opting for a higher interest rate at closing, or by paying all your PMI in one lump sum at closing.

Generally, a single payment loan is used for short term, temporary financing and is repaid with interest in one lump sum at the end of the term.

All funds are only available in one lump sum at closing.

The premium is paid in a lump sum at one time.

This combination provides financial protection against death throughout the lifetime of the policyholder with the provision of payment of lump sum at the end of the selected policy term in case of his / her survival.

The 60 % lump sum at withdrawal (maturity of the scheme), is added to your taxable salary and taxed as per the income tax slab you fall under.

(c) Single Premium Endowment Plan — LIC Single Premium Endowment Plan is a combination scheme which provides Protection — cum savings where one can pay a premium in a lump sum at the onset of the plan.

This combination provides financial protection against death during the policy term with the provision of payment of lump sum at the end of the selected policy term in case of his / her survival.

This policy provides fiscal security for the insured's family in the case of unforeseen demise of the insured any time before the policy gets matured and a lump sum at the maturity of the policy for the surviving insured.

When you pay for insurance coverage, whether a lump sum at the start of a coverage period or a premium every month, you receive options from the insurance provider that allow you to choose the payment arrangement that best fits your current and expected budgetary needs.

Terminal Bonus is added to the policy and it is payable as a lump sum at the end of the policy term.

There are few term plans which offer the flexibility to the nominees to take the death claim as lump sum at a discounted rate even if in the plan benefit is opted as staggered payout.

A part from an insurance cover, it offers the policyholder to save regularly over a specific period of time, so that he can get a lump sum at the policy maturity in case the policyholder survives the policy term.

If you want to receive the outstanding maturity benefit as a lump sum at any time during the payout period, the discounted value @ 9 % per annum discount rate is payable.

This plan also provides guaranteed lump sum at maturity along with life cover for the entire policy term.

A traditional non linked participating plan that offers you Non-Guaranteed Cash Bonuses from the 7th year, Guaranteed * Survival Benefits from the 10th year onwards, as well as a lump sum at the end of the Policy Term.

A plan that offers a lump sum at the end of the premium payment term followed by increasing guaranteed payouts until maturity and a lump sum payout at maturity.

A plan that offers you Non-Guaranteed Cash Bonuses from the 7th year, Guaranteed Survival Benefits from the 10th year onwards, as well as a lump sum at the end of the Policy Term.

Option B - Lump sum Payment: You can opt to receive the maturity benefit as a lump sum at the end of the policy term.

You can choose to pay single premium in lump sum at the beginning of policy term or pay regular premiums.

Choose option no. 1 where you would get a lump sum at maturity and you can invest them in a simple FD and get higher returns.

Also, because you get a lump sum at the end of maturity, you are in a better state to spend lavishly on a better home, vacation or college, as you like.

Option to receive the maturity benefit either in lump sum at one go or in installments through Settlement Option

Alternately, Jeevan's nominee has an option to take all monthly instalments as a lump sum at the time of claim settlement.

LIC Jeevan Lakshya plan provides death benefits and a lump sum at maturity period, regardless of the survival of the Policyholder.

Premiums on this policy must be paid monthly or in a single - premium policy which is paid in one lump sum at the time the policy is issued.

Guaranteed lump sum at the end of policy term.

These plans, therefore, cover the insured's life, encourage regular and disciplined savings, and finally pay the lump sum at the end of the plan's term, irrespective of the circumstances.

This scheme caters to annual survival advantages from the end of the payment term of premium until maturity and payment of lump sum at the maturity time or on the demise of the policyholder during the term of the policy.

If the policyholder gets diagnosed with a cancer of defined severity, a certain percentage of the sum assured is paid out as a lump sum at that time (subject to applicable limits).

Pension plans act as a tool to invest regularly during your work life span and returns you your investment in lump sum at your retirement along with annuity income which is provided in regular intervals.

This policy offers fiscal security for the insured's family in the case of unforeseen demise of the insured any time prior to the policy maturity and a lump sum at the policy's maturity for the surviving insured.

This combo offers financial protection aligned with demise during the term of the policy with the proviso of payment of lump sum at the end of the term of chosen policy in the case of survival of the policyholder.

Premiums under the plan can be either paid for the entire duration of the plan under the Regular Pay option of premium payment or in one lump sum at the inception of the policy under the Single Pay option of premium payment.

Interest Payout Frequency — FDAs usually pay out interests at specific intervals, whether it be annually, quarterly or in a lump sum at the end of the maturity period.

This scheme caters to Annual Income benefit, which might help to fulfil the requirements of the insured's family, mainly for the children's benefits, in the case of unforeseen demise of the insured any time before the policy gets insured and a lump sum at the time of policy's maturity heedless of the policyholder's survival.

LIC New Bima Bachat plan is a non-linked, participating, protection - cum - savings plan, where the payment of the premium is made in a lump sum at the onset of the plan.

The policyholder receives a variety of benefits with this policy in the form of a regular monthly income, intermediate annual income and a lump sum at the closure of the policy term.

You can pay lump sum at the beginning of the policy or you can pay for a fixed duration of 5 years.

10 % (Rs. 5 lakhs) of the sum assured of Rs. 50 lakhs will be paid in lump sum at the time of death claim settlement and 6 % (Rs. 3 lakhs) of the sum assured will be paid annually for the next 15 years.

An endowment plan returns a lump sum at the end of the policy term, whereas money - back policies offer benefits at regular intervals.

A non linked participating plan offering Non-Guaranteed Cash Bonuses, Guaranteed Survival Benefits, and a lump sum at the end of the Policy Term

This plan helps you meet planned as well as unplanned financial needs by providing a lump sum at retirement.

This offers guaranteed benefits includes fixed addition that accrue every year with an additional lump sum at maturity.

You may take your Maturity Benefit as lump sum at the Maturity Date by selecting the said option at the inception of the policy.

Another endorsement — the Income Protection Option (IPO)-- will allow the policy owner to choose a specific form of payout for the policy's death benefit, including either a lump sum at various times or monthly payments to the beneficiary, at the time of policy issue.

Aviva Wealth Builder: It is designed in a way that that doubles the total amount of premiums paid and provide returns it as a lump sum at maturity KNOW MORE

A number of life insurance programs exist that will pay a lump sum at death, some or all of which could be used to pay off your mortgage.

In a critical illness insurance policy, the individual insured will usually receive benefits in the form of a lump sum at the first diagnosis of cancer, stroke or heart attack, although certain policies do have slightly different structures.

If you convert based on your current, or attained, age, the cost of insurance will be more expensive, but you will not have to pay a lump sum at the time of issue.