Sentences with phrase «lumpsum payout»

Star Criticare Plus insurance policy is a Critical Illness health insurance plan which offers reimbursement of the hospitalization expenses along with the lumpsum payout in the event insured being dia... Read more

Star Criticare Plus insurance policy is a Critical Illness health insurance plan which offers reimbursement of the hospitalization expenses along with the lumpsum payout in the event insured being diagnosed with one of the specified critical illnesses mentioned in the policy contract.

In case of an unfortunate death of the policyholder, the nominee receives a lumpsum payout.

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.

Max Life Online Savings plan provides the dual benefit of lumpsum payout for your goal along with protection from life's uncertainties.

Step 3: Enter details regarding how you want your family to get the policy proceeds at the time of claim either the lumpsum payout which is equal to the sum assured or Level / Increasing monthly income term plans or Return of the premium amount at maturity, etc..

In case of survival to the end of policy term a lumpsum payout (fund value existing on the maturity date) is paid

It provides a lumpsum payout on diagnosis and an option to claim thrice.

The cover under this plan, if opted, is paid as lumpsum under iSelect lumpsum payout option.

Furthermore, it provides four flexible options to ensure you have an ideal cover as per your health needs, ensures lumpsum payout on diagnosis, has an in - built death benefit, ensures high cover at low premium, and offers various other benefits.

The renewability is up to 55 years and the sum assured under this plan is Rs 5 lakh, Rs 7 lakh, Rs 10 lakh or lumpsum payout.

In case of death of the life insured, the nominee will receive a lumpsum payout that was chosen by the policyholder, which is 100 % of Sum Assured.

The payouts can be a lumpsum payout, lumpsum and monthly income payout, or monthly income payout as opted at time of buying.

Under all the plan options, the policy holder receives lumpsum payout on diagnosis of terminal illness.

Max Life Term Plan is a one - time lumpsum payout plan with a maximum coverage of upto 66 years.

Plan Name: Mera Term Plan - Full Lumpsum payout Agent Code: BBE05159

The Future Generali Life Insurance plan offers triple benefits: money back, lumpsum payout and insurance cover until the age of 80 years.

Plan Name: Mera Term Plan - Full Lumpsum payout Agent Code: BPW00065

Plan Name: Mera Term Plan - Full Lumpsum payout Agent Code: BEW00148

Satisfied with policy and enjoying it... Plan Name: Mera Term Plan - Full Lumpsum payout Agent Code: BBE03914

Okay okay policy... Plan Name: Mera Term Plan - Full Lumpsum payout Agent Code: BBE06765

The beneficiaries can choose to avail the remaining benefits in lumpsum payouts which is equal to the remaining installments in discounted value.

Not exact matches

His life cover is a Sum Assured of Rs. 1 crore and he chooses the lumpsum plus monthly income death benefit payout option.

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

Nominee might need money in both forms - lumpsum and monthly payouts for routine expenses.

All of this with multiple payout options for the death benefit Sum Assured in the form of lumpsum, monthly payouts and combination of the two.

Lumpsum: When one opts for lump sum payout option, the nominee receives the death benefit as lump sum one - time pay.

Death benefits can be in the form of lumpsum, monthly payouts or a combination of the two.

Term life insurance is insurance in the purest sense, where, in the event of the Life Assured's untimely demise any time during the policy term, his beneficiary receives the full amount of the Life Assured either in the form of a lumpsum amount or as regular payouts.

Survival Benefit - In case of survival of the policy term, you will receive your total premiums back In case of Lumpsum + Monthly Payouts

Depending on the type of payouts, Lumpsum or Lumpsum + Monthly payouts, the 9 optional plans are divided as mentioned below:

The lumpsum amount may help her repay the loan amount and the monthly payout can be an income replacement

You can choose the death benefit payout options as lumpsum or income along with the number of months you want the death benefit to be paid and also between equal or increasing monthly sums compounded @ 5.00 % per annum.

Death benefits can be in the form of lumpsum, monthly payouts and combination of the two.

It is a simple and conventional kind of insurance wherein in the event of death of the Life Assured any time during the policy term, the beneficiary of the policy gets a fixed sum either as a lumpsum or a monthly payout or as a combination of the same.

Part of the benefit is paid as lumpsum and the rest of the amount is paid as monthly payouts.

Even during the Payout Period, you will have an option to receive the present value of the outstanding Survival Benefit as lumpsum (Commutation Option).

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).

You can avail Survival Benefit in lumpsum at the end of the Policy Term, before the commencement of the Payout Period.

While receiving the Death Benefit in monthly installments, the beneficiary can also choose at a future date to commute all outstanding payouts and receive the present value of future outstanding payouts as a lumpsum as provided under the commutation option.

Lumpsum fixed Payout is given to the insured on diagnosis of any of the 13 covered Critical Illnesses during the policy period opted.

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

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.

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 termpayout of the Regular Monthly Payout and the policy will termPayout and the policy will terminate.