Sentences with phrase «lump sum money»
The plan is good for people who want to invest lump sum money for a long - term period to fulfil life stage goals like children education and marriage.
coverfox.com
They provide financial security to the family of the deceased person in the form of lump sum money assured in order to cover all the financial needs and requirement.
These are milestones where you might need lump sum money to pay off expenses that are unavoidable.
It lets you enjoy life cover for 25 years and also helps you accumulate lump sum money through annual and final bonuses.
Top ups: Just received lump sum money?
Due to overwhelming flows into the fund, the fund stopped fresh lump sum money in its fund from October 25, 2016.
They require lump sum money to fulfil such responsibilities and this can be achieved by ULIP plans allowing partial withdrawals.
Traditional / Endowment Insurance Product: Traditional Endowment Insurance products are designed to provide lump sum money on the maturity of the policy or on unfortunate event of death of policy holder before the maturity.
The home equity loan is a lump sum money given to the qualified homeowner.
So when you outlive the policy, you receive a lump sum money as the maturity benefit.
You can also have the flexibility of choosing a mix of a lump sum money back amount and pension under these plans.
Pay Top - up Premium (s): You can use your windfall or some lump sum money to increase investments component.
In such cases, the lump sum money that your cancer plan offers could be used for paying other medical expenses or financial liabilities.
When it comes to any lump sum money received in the form of windfall gains, say, through inheritance, there is always the temptation to spend this money injudiciously.
Single - premium insurance products often come in handy for better utilisation of this lump sum money.