Sentences with word «lumpsum»
"Lumpsum" refers to a large amount of money that is given or received all at once, instead of in smaller installments. It is often used to describe a single payment made for a specific purpose or as a complete payment for a service or product. Full definition
Sum assured / Guaranteed amount is paid as lumpsum amount in case life insured is diagnosed with any of the 40 listed Critical illnesses.
myinvestmentideas.com
I am a student and want to invest in lumpsum of RS 5000 or in sip.
Target Group For the customers who are looking for tax saving whole life insurance plan that offers dual benefits of Lumpsum benefit alongwith potential upside through bonuses and cover till 100 years of age.
For Recurring Payout - 250000 paid as lumpsum benefit at the time of claim settlement and Rs. 150000 will be paid annually or Rs. 12330 will be paid monthly for the next 15 years dependin on the option chosen at the time of claim settlement.
I have invested lumpsum amount of 10k @ 591 and 10k @ 571.
Ajay, 35 years old is looking for a simple plan with good returns that helps him get guaranteed protection as well as lumpsum payout that can be utilized for future expenses and also to shield his family in the event of his death.
i guess you get paid lumpsum in case of disability and can use that money for anything.
You can opt to receive the benefits in the form of regular monthly income, along with lumpsum payment
If your nominee is fully capable of handling the finances, you can go for a plan with lumpsum benefit.
100 % of sum assured paid as lumpsum + Additional monthly income equal to 0.5 % of Sum Assured becomes payable for a period of 10 years.
Under this policy, one will get lumpsum amount benefit on diagnosis of Minor and / or Major Cancer which can be used for cancer treatment.
Under all the plan options, the policy holder receives lumpsum payout on diagnosis of terminal illness.
You are correct as spouse will be unaware of what to do with lumpsum money if she get.
This plan also provides lumpsum amount on maturity plus a life cover through the entire policy term.
I would make lumpsum investments now as the markets are low.
Future Criticare is a standalone critical illness health insurance plan which reduces your burden to a great extent.This plan offers lumpsum benefits on individual and family floater basis.
You would also receive an additional lumpsum compensation of Rs 3 lakh and Rs 5 lakh respectively.
In case of accidental death during the policy term, Accident Benefit Sum Assured will be payable as lumpsum along with the death benefit under the basic plan
For example, If I have 30 lakhs lumpsum money to invest, I have 2 options: One is open SIP in say large cap, midcap, diversified mutual funds and invest 50,000 monthly thru SIP... this will take me 5 years to invest my 30 lakhs into Equity mutual funds..
Lumpsum fixed Payout is given to the insured on diagnosis of any of the 13 covered Critical Illnesses during the policy period opted.
Okay okay policy... Plan Name: Mera Term Plan - Full Lumpsum payout Agent Code: BBE06765
Depending on your preferences, you may choose to invest through Systematic investment plans (SIPs) or through lumpsum payments in a single go.
Easy to handle the claim amount, takes care of inflation, address larger needs using lumpsum amount
Someone who is looking for a low cost term plan with a range of cover options like lumpsum payment after death or staggered monthly payments after death or a combination of the two options can consider buying for this plan.
For example, in case of death due to accident or suicide, your nominee may receive the entire lumpsum from one insurer while receive no money at all from the other insurer.
On death during the policy term, the nominee will receive a guaranteed lumpsum payout with an option to convert it into monthly income for 10 years.
Reliance Life Online Term Plan TATA AIA Life iRraksha Supreme Plan Edelweiss Tokio MyLife Plus lumpsum Plan Bharti AXA Life eProtect Plan
Death Benefit Option 2 - 50 % Lumpsum sum assured (paid immediately on acceptance of death Claim) + 50 % sum assured paid out on an annual basis in increasing installments over a period of 10 years.
Canara HSBC OBC iSelect lumpsum plan is customizable with optional riders.
Kindly advice whether its good to go via lumpsum or SIP for both?
The builder of a new home or seller of an existing home may «buy down» the veteran's mortgage payments by making a large lumpsum payment up front at closing that will be used to supplement the monthly payments for a certain period, usually 1 to 3 years.