Sentences with phrase «lumpsum amount on»

This plan also provides lumpsum amount on maturity plus a life cover through the entire policy term.

Bajaj Allianz Critical Illness Plan is a critical illness benefit policy, which will pays a lumpsum amount on the diagnosis of the covered illness of specified severity post the initial waiting & survival period.

This plan ensures that you receive a lumpsum amount on being diagnosed with a critical illness.

This plan allows you to avail of a lumpsum amount on occurrence of a critical illness.

A critical illness insurance plan guarantees you a lumpsum amount on the diagnosis of any of the pre-listed critical illnesses any time during the policy period.

Not exact matches

My personal experience proved that lumpsum investing is better than STP for 6 to 12 months as I invested in 5 hybrid equity balanced funds for an amount of 12 lakhs on 1st January 2016 when markets were all time high, but, immediately after I invested, markets started to fall with some corrections for few months and my portfolio was down by 1.5 lakhs versus my investment at some point but now my portfolio is up by 1.2 lakhs where there is an appreciation of 14 % till date, some people even suggested me to go for STP over 6 to 12 months to average out but I believed in this lumpsum investing than STP as I did not need this anount for upto 5 years.

If I have a lumpsum money (any amount for that matter), I would diversify between Equity (again on Large and Mid-cap) and Liquid based on my risk appetite.

Any profit generated on lumpsum invested amount is directly dependent on the market condition and the NAV at the time when the Mutual Fund units are redeemed.

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.

But more often than not, you should not opt for a 20 year plan maybe because you have a finite goal of higher education in 16 years which may be 15 or even 17 years depending on which school she gets through, which country, the rank, admission procedure, season of entry, etc. so these are considerations much later in life, when the child is actually old enough to decide what she wants to study but as a parent you need to start way ahead and thus when you plan for her when she is only 5 years old, you need to financially plan for yourself so that your child gets the lumpsum amount when she is 21 years old and does not need to wait for a few more years for a better return, etc. the child's future will not wait and thus as parent, you need to plan accordingly.

• On death of the annuitant, death benefit is payable as lumpsum to the nominee and no further amount will be payable.

On death of the parent, a lumpsum amount will be paid immediately.

A critical illness plan is an income replacement plan wherein, on diagnosis of a pre-listed critical illness, the policyholder is paid a lumpsum amount which he can use in any way that he deems fit.

Under this policy, one will get lumpsum amount benefit on diagnosis of Minor and / or Major Cancer which can be used for cancer treatment.

Unlike, health insurance you don't have to submit bills to claim, the lumpsum amount will be provided on diagnosis itself.

Death or disability Benefit: If the policyholder dies or suffers disability during the policy term, the nominee shall be paid a lumpsum amount that will be equal to 1.10 or 1.25 of the single premium paid or 5/7/10 times of the annual premium paid depending on the age of the insured and policy term.

In some cases, the lumpsum amount is paid and in others the family receives the partial amount immediately and the remaining amount is paid on monthly basis for a specific period.

Then take the present value of this lumpsum amount as on today.

On the death of the life insured 100 % of the policy sum assured is paid as lumpsum amount along with an additional lumpsum amount if the life insured dies due to an accident.

In a critical illness insurance plan you get a lumpsum claim amount on the diagnosis itself.

On maturity, you are entitled to receive the sum assured plus the accrued bonus or guaranteed returns and on your premature death, the lumpsum amount is paid to your nominee who is a «child» under a child plaOn maturity, you are entitled to receive the sum assured plus the accrued bonus or guaranteed returns and on your premature death, the lumpsum amount is paid to your nominee who is a «child» under a child plaon your premature death, the lumpsum amount is paid to your nominee who is a «child» under a child plan.

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.

«Our «family income secure» traditional plan gives an option to choose the maturity amount either in lumpsum or spread across years on an annual basis.»

If the life insured has bought a sum assured of Rs. 1 crore, then on death, a lumpsum amount of Rs. 1 crore will be paid to the nominee and the policy will terminate.

Personal accident insurance, unlike a health insurance, also have features which pay up a lumpsum amount to the policy holder / kin on death / major health set backs apart from cost of medical expenditure.