Sentences with phrase «lumpsum amount»

The phrase "lumpsum amount" refers to a fixed and complete payment made at once, instead of being paid in parts or installments over time. 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.
This plan also provides lumpsum amount on maturity plus a life cover through the entire policy term.
I have invested lumpsum amount of 10k @ 591 and 10k @ 571.
Max Life Online Savings Plan is an insurance cum investment plan that helps you create a certain lumpsum amount for your child's future.
Extra Life Option: Option that gives your family additional lumpsum amount due to an unexpected accidental death of the life assured.
Like every term plan, your nominee will get lumpsum amount as per the policy clause in case of unfortunate death.
And under the HDFC Click 2 Protect Plus Income Plus option, the tenure will reduced to 10 years and one can increase the monthly income benefit by 10 % every year after getting the death benefit lumpsum amount.
Look here the one time lumpsum amount is only 10 lakh and rest of the 90 lakh will be paid in 15 years and that is also without adding any interest.
Target Group For customers looking for a tax saving life insurance plan that provides convinience to choose coverage period and guaranteed lumpsum amount that you want to receive at the end of the period.
The insured will get the final Lumpsum Amount of Money Back Benefit + Guaranteed Maturity Addition + the last payout of the Regular Monthly Payout and the policy will terminate.
Currently the government lumpsum amount of $ 500 they gave us on opening an RESP is in a TERM RESP — can I remove it from this term RESP and put it in the e-series.
A term plan offers lumpsum amount to your family in case of your untimely demise.
His wife (or the nominee) can opt to take the entire proceeds of the Policy, i.e. Rs. 1 crore as lumpsum amount immediately after Mr. Sharma's death.
This lump sum amount is the highest of 125 % of annualized premiums paid (as on the date of death), 10 times of annualized premium, or Lumpsum amount available at maturity.
At the maturity of the policy, the insured will get the final Lumpsum Amount + Accrued Guaranteed Loyalty Additions + Guaranteed Maturity Additions.
Option 2: Extra Life Option Under Extra Life Option, in the event of death of the life insured due to an accident during the tenure of the plan, the nominee will receive the sum assured as a lumpsum payment + an additional lumpsum amount (equal to the Sum Assured).
Under this policy, one will get lumpsum amount benefit on diagnosis of Minor and / or Major Cancer which can be used for cancer treatment.
To get started with this immediate Annuity plan, you need to choose a one - time lumpsum amount (purchase price), select any of the four Annuity Options, and the Payout Mode (monthly, quarterly, half - yearly, yearly).
Kindly confirm whether for spouse (1 - 2 year horizon) can i invest the lumpsum amount in below two funds.
Thinking to start with a lumpsum amount of 1000 and then take the SIP route of 1000 per month.
3) I am having a lumpsum amount of Rs 1 Lakh.
I have received a lumpsum amount as bonus and also one of the bank FD has matured recently, totaling to about 12 Lacs.
In case of occurrence of any of listed Critical illness, the Benefit (as chosen during inception) will be payable to you as a Lumpsum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have been paid.
Lumpsum: The entire death benefit will be paid out as a lumpsum amount to secure your family's financial future.
In case of diagnosis of covered critical illness #, he receives a lumpsum amount of Rs. 15 lacs, irrespective of the treatment cost.
If yes, what is the best MF to invest this in» lumpsum» right now (in current market scenario), if my investment horizon for this lumpsum amount is 5 — 10 years..
Also, I have an lumpsum amount of 20L with me in liquid funds, considering the current «bubbly» market situation what do you suggest where should i invest?
I would like to have a lumpsum amount of Rs. 50L.
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