Sentences with phrase «lump sum payouts on»

The policyholder receives guaranteed lump sum payouts on survival until the age of 65 and on maturity of the policy.

Typically, such critical illness insurance plans not only provide the lump sum payout on detection of the disease but also provide additional benefits such as provision of regular income a for a period of time, and waiving off the requirement to pay premium for the health insurance plan.

Parents can opt for a lump sum payout on maturity, which can be used as seed capital for their child's business.

While Endowment plans provide a lump sum payout on maturity, Money back plans provide periodic payouts for enhanced liquidity.

It offers Lump sum payout on death and regular monthly income to your family for 15 years and several other beneficial options to choose.

Bharti AXA Life Super Series is a non par, Money back plan that provides a lump sum payout on completion of the premium payment term along with increasing guaranteed payouts until maturity and a lump sum payout at Maturity.

This critical illness policy provides cover for 15 critical illnesses and provides a lump sum payout on diagnosis of one of these critical illnesses.

This critical illness policy provides cover for 15 critical illnesses and provides a lump sum payout on diagnosi... Read more

Not exact matches

If a lone winner took the lump - sum payout on the jackpot's current amount, it would be an estimated $ 389.8 million.

Based on 24 years of experience, you'll find out the important step - by - step methods to sell your ideas for a lump sum payout or license for recurring royalties.

Depending on company and provincial regulations, your severance payout can be delivered in a lump sum or biweekly, like a paycheque.

The payouts from an annuity contract can be made as one lump sum or as a series of payouts over time based on your needs.

You can choose any of the payout options based on your financial requirements — a) Lump sum or b) Increasing Monthly Income or c) Lump sum plus Increasing Monthly Income

The chances that you'll be able to do better than the monthly payments offered by your employer are low — a 2015 General Accounting Office on pensions and lump sums found that the payouts on company pensions are generally much more generous than those offered by private insurers — but it doesn't hurt to check.

Calculate the odds based on today's lump sum payout.

General Accounting Office (GAO) Report On Pensions And Lump Sums Among other things, this 2015 report details weaknesses in the information about payout options provided by private pension plans to their participants.

While most lump - sum payout plans have a fixed Sum Assured benefit, some may offer higher or lower benefit depending on the time of death.

Limits are based largely on occupation class and elimination period (365, 540, or 730 days) but can get as high as 2 million for a lump sum or 3 million for a monthly payout (over 60 months).

You can withdraw and use the money, but you'll have to pay it back to avoid deductions on the lump sum payout given to your beneficiaries.

These plans are essentially of two types, Unit Linked Insurance Plans or ULIPs that provides returns based on market performance, and traditional endowment plans that offer a lump sum or annuity payout at the end of the policy term when the life insurance policy matures.

The nominee can avail the entire death benefit in lump sum or take 20 % of the benefit in lump sum on death and the remaining in annual instalments over a payout period of 10, 15 or 20 years @ 11 %, 8.37 % or 7.12 % respectively

A lump sum amount is paid on death of the insured and thereafter an increasing monthly payout is paid for 5 years or till age 60 years whichever is later.

Chronic illness riders may also pay out in a lump sum or on an annual basis, whereas long - term care riders usually have a monthly payout.

On diagnosis of any critical illness covered under a plan, policyholders will be entitled to get guaranteed lump sum payout.

Under the Aspiration option for Maturity Benefit payout, lump sum is paid on Maturity which is the Sum Assured and Guaranteed Additions where the total benefit received is equal to 125 % of the SA

Few companies asks same premium amount irrespective on the type of payout, but some companies may offer a lower annual premium when you opt for a lump sum benefit as compared to the staggered monthly payouts.

This product provides guaranteed money back payouts during the policy term along with guaranteed lump sum on maturity and bonus (es) which can be utilized by the customer to fulfill various planned milestones.

While most increasing term insurance plans pay a lump sum benefit on death, there are some plans, which have been recently launched which have a monthly or annual income payout.

Offers different payouts options on maturity - lump sum and installments.

Child plans also offer a lump sum payout as death benefit to the child on maturity.

The nominee has the option to take the sum assured on death as a lump sum payout or staggered payment, as per the terms applicable under the plan.

In case of any other claim due to death or on diagnosis of critical illness before all due payouts are paid, the remaining payouts will be paid as lump sum to you / nominee and the policy will terminate.

The Company provides an option to the policyholder on survival during the payout period or beneficiary in case of death of Life Insured (called Commutation option) to receive the present value of the outstanding survival and death benefit respectively as lump sum.

A lump sum payout is provided on diagnosis of any one of the critical illnesses covered under this policy.

Death Benefit is equal to an immediate lump sum benefit plus Guaranteed Annual Payouts plus Guaranteed Sum Assured on maturity plus Bonuses are payable.

On completion of the policy term, a lump sum benefit of 104 % to 110 % of the basic sum assured is payable and this payout depends on age at entrOn completion of the policy term, a lump sum benefit of 104 % to 110 % of the basic sum assured is payable and this payout depends on age at entron age at entry.

In the event of unfortunate death of the life insured during the term of the policy, an immediate lump sum benefit plus Guaranteed Annual Payouts plus Guaranteed Sum Assured on maturity plus Bonuses are payable.

So, when Ishaan will turn 13, he will start getting payouts (15 % of sum assured on maturity every year) which will help Chirag to cover Ishan coaching cost and this payout will continue till Ishaan turns 18 and then he will get a lump sum amount of maturity which will cover his college expense.

Depending on the amount of the insurance policy the payout options should be either lump sum, annuitized, fixed monthly payments for a period of time, or left with the insurance company in an interest bearing account with check writing privileges.