Sentences with phrase «lump sum benefit in»

These plans offer a fixed lump sum benefit in case of a critical illness being diagnosed.

It pays a lump sum benefit in case the life assured is diagnosed with major illness like Heart Attack, Cancer, Paralysis, Kidney failure, Coma etc..

1) Life Option — Under this option, the nominee gets lump sum benefit in case of death or diagnosis of critical illness.

It promises your family a lump sum benefit in the event of your untimely demise and that too at very marginal premiums.

A personal accident policy provides for a lump sum benefit in the case of an accident whereas a comprehensive health insurance policy provides for reimbursement against hospitalisation due to any illness or accident.

Max Life Accidental Death & Dismemberment Rider provides lump sum benefit in case of death / dismemberment due to accident

Hospi Cash Rider: - This rider allows payment of a fixed benefit for each day of hospitalization and also provides lump sum benefit in case of surgery.

Bharti AXA Life Hospi Cash Rider: - This rider allows payment of a fixed benefit for each day of hospitalization and also provides lump sum benefit in case of surgery.

It also offers a fixed amount benefit if you are admitted in an Intensive Unit Care or a lump sum benefit in case of surgery.

1) Bharti AXA Life Hospi Cash Rider (UIN: 130B007V02): This rider allows payment of a fixed benefit for each day of hospitalization and also provides lump sum benefit in case of surgery.

Benefits like guaranteed additions and bonuses while ensuring that your family receives a lump sum benefit in case of your unfortunate death.

The plan also has a life insurance protection component ensuring that your family receives a lump sum benefit in case of your unfortunate death.

These plans are designed with the single aim of protecting the income of an individual for his family by providing a lump sum benefit in the event of the individual's death.

The rider also provides for lump sum benefit in case of hospitalization for any valid medical surgery.

It pays a lump sum benefit in case you are diagnosed with major illness like cancer, heart attack, paralysis, kidney failure, coma etc..

Hospi Cash Rider: - This rider allows payment of a fixed benefit for each day of hospitalization and also provides lump sum benefit in case of surgery.

1) Bharti AXA Life Hospi Cash Rider (UIN: 130B007V02): This rider allows payment of a fixed benefit for each day of hospitalization and also provides lump sum benefit in case of surgery.

Not exact matches

Because your life insurance premiums are paid with after tax dollars, the death benefit is able to be paid out in lump sum without any state or federal taxes being withheld.

Disposable income was also boosted by the measures in the May 2004 Budget, particularly the lump - sum payments associated with the Family Tax Benefit and the income tax cuts from 1 July.

Contributing to your RRSP throughout the year rather than with a lump - sum purchase the last week of February has many benefits: automatic savings helps with cash flow management and it's less painful than having to find money for your contribution in February.

If you're enjoying this low - interest loan, it may make more sense to invest that lump sum in an investment that will yield more returns than you're paying to borrow for your home (especially when factoring in tax benefits).

The logic behind this (as I remember it from one of Clegg's speeches) was that by the time the child reaches 18 years old, a lump - sum windfall may deliver a short - term benefit but will be of little use in the long - run if they had a poor education.

A lump - sum direct rollover distribution whereby all accrued benefits, plus interest and investment earnings, are paid from the participant's account directly to an eligible retirement plan as defined in s. 402 (c)(8)(B) of the Internal Revenue Code, on behalf of the participant;

A partial lump - sum payment whereby a portion of the accrued benefit is paid to the participant and the remaining amount is transferred to an eligible retirement plan, as defined in s. 402 (c)(8)(B) of the Internal Revenue Code, on behalf of the participant; or

If you're between your preservation age and 60 years old and receive a lump sum super benefit that includes a taxable component, you must include it in your tax return.

A self - managed super fund (SMSF) can pay benefits in the form of a lump sum, an income stream (pension) or a combination of both, provided the payment is allowed under super law and the fund's trust deed.

Lump sum plus Monthly Income: Half of the death benefit will be paid out as lump sum for immediate needs, and the remaining half in form of monthly income increasing annually by 10 % at simple rate for a period of 15 yeLump sum plus Monthly Income: Half of the death benefit will be paid out as lump sum for immediate needs, and the remaining half in form of monthly income increasing annually by 10 % at simple rate for a period of 15 yelump sum for immediate needs, and the remaining half in form of monthly income increasing annually by 10 % at simple rate for a period of 15 years.

If you receive one or more super member benefits that are super lump sums in an income year, the LRC amount is reduced for the next income year by the total of the amounts that both:

A family income benefit rider provides steady income to beneficiaries to cover monthly costs beyond the lump - sum death benefit in the event the insured dies prematurely,.

In case of occurrence of any of listed Critical illness, the Benefit (as chosen during inception) will be payable to you as a lump sum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have been paiIn case of occurrence of any of listed Critical illness, the Benefit (as chosen during inception) will be payable to you as a lump sum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have beeBenefit (as chosen during inception) will be payable to you as a lump sum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have beebenefit payout option chosen, subject to policy being in force and all due premiums have been paiin force and all due premiums have been paid.

While the updated benefit kicked in on the first of the year, payments won't be made until summertime, when parents will receive a lump sum for the first half of 2015, after which payments will be made monthly.

«In much the same way investment advisors and the investment industry preach dollar - cost - averaging and investing small increments of money over a long period of time, as opposed to one lump sum of money all at once, I think that just goes to justify the benefit of taking the payments over the long run,» says Heath, «Especially if one didn't have a lot of financial aptitude.»

With a family income policy, rather than a lump sum of money, the death benefit is paid out in monthly increments as a portion of the total death benefit.

This is in contrast to the typical death benefit, which is given out as a lump sum.

This rider enables you to receive a lump sum portion of your death benefit to help pay expenses if you become terminally ill or need to live in a nursing home.

The Guaranteed Transfer Withdrawal Rate is applied to all investment option transfers from the Non-Personal Income Benefit Investment Options to the Personal Income Benefit variable investment options, contributions made in a lump sum (including amounts attributable to contract exchanges and direct transfers from other funding vehicles under the Plan) and rollovers.

You pay a premium (payment) in return for a death benefit (the lump sum that will be paid to your survivors if you die while the policy is in force).

The company had previously limited the benefit to employees on their fifth anniversary and in the form of a $ 5,000 lump sum.

Lump - sum benefit In the event of your death, your beneficiaries will receive a tax - free benefit.

Basically, the death benefit is how much the life insurance policy pays to your beneficiary, untaxed and in a single lump sum, should you die.

You can withdraw the death benefit in a lump sum or can use to purchase an annuity plan from the insurer.

Also, if the buyer makes a balloon payment, all of the taxes due on that balloon will be due in one lump sum payment, negating the contract's key tax benefit.

Benefits also include the tax deferral derived from receiving income in installments instead of in one large lump sum.

If you have a qualifying terminal illness, the rider kicks in and your life insurance company will pay you a lump sum from your death benefit of anywhere between 25 and 80 percent.

There are two primary ways that a retiree can receive pension benefits, including accepting ongoing payments through an annuity - style distribution for life, or receiving the cash in one lump sum payment.

(o) If there is no person who would be entitled, upon application therefor, to an annuity under section 2 of the Railroad Retirement Act of 1974 [98], or to a lump - sum payment under section 6 (b) of such Act, with respect to the death of an employee (as defined in such Act), then, notwithstanding section 210 (a)(9)[99] of this Act, compensation (as defined in such Railroad Retirement Act, but excluding compensation attributable as having been paid during any month on account of military service creditable under section 3 of such Act if wages are deemed to have been paid to such employee during such month under subsection (a) or (e) of section 217 of this Act) of such employee shall constitute remuneration for employment for purposes of determining (A) entitlement to and the amount of any lump — sum death payment under this title on the basis of such employee's wages and self — employment income and (B) entitlement to and the amount of any monthly benefit under this title, for the month in which such employee died or for any month thereafter, on the basis of such wages and self — employment income.

Death Benefit Protection — Your entire accumulated value will be paid to your beneficiaries, who can elect to receive their benefits in a lump sum or series of payments.

In exchange for premium payments, a life insurance policy provides a tax - advantaged lump - sum payment, known as a death benefit, to the beneficiaries when the insured passes away.

The insurance benefits are paid at one time in a lump sum, not in regular payments.

A Single Premium policy is the one in which the premium amount is paid in lump sum at the beginning of the policy as a return for the death benefit which is guaranteed to be paid up until the death of the policyholder.