Sentences with phrase «maturity under the settlement»

On maturity, the available Fund Value is paid to the policyholder which can be taken either in lump sum on maturity or in instalments over a period of 5 years post maturity under the Settlement Option.

On maturity the fund value is paid which can either be availed in lump sum or in instalments over a period of 5 years post maturity under the Settlement Option

On maturity, the Fund Value is payable which can be taken as a lump sum or availed in instalments over a period of 5 years post maturity under the Settlement Option feature

The fund value is paid on plan maturity which can be availed either in lump sum or in instalments over a period of 5 years post maturity under the Settlement Option.

On maturity, the Fund Value including any top - up fund value is payable which can either be availed in lumps um or in instalments over a period of 5 years post maturity under the Settlement Option feature

On maturity, the fund value is paid which can be taken in lump sum or in instalments over a period of 5 years post maturity under the Settlement Option feature.

The Fund Value on Maturity can be availed in instalments over a period of 5 years post Maturity under the Settlement Option

Alternatively, the maturity benefit can be availed in instalments over 5 years post maturity under the Settlement Option

Not exact matches

At maturity, the value payable is the Fund Value which can either be taken in lump sum or in instalments post maturity under the feature of Settlement Option.

The life assured may also choose to receive the maturity benefit under Settlement Option as mentioned below.

Under the Settlement option, the Fund Value can be taken in 5 equal instalments over 5 years after maturity

The total Fund Value is payable on maturity which may be taken in lump sum or availed in instalments after maturity within 5 years under the Settlement Option feature under the plan.

The insured shall get the Total Fund Value including Top - up Fund Value on Maturity which can be taken in lump sum or under the Settlement Option where the proceeds can be taken in equal installments over a period of 5 years post Maturity which can be taken in lump sum or under the Settlement Option where the proceeds can be taken in equal installments over a period of 5 years post maturitymaturity

Under the Settlement option, 50 % of the Maturity Benefit can be availed on maturity, and the balance can be taken in a series of regular instalments over a period of 5 or 1Maturity Benefit can be availed on maturity, and the balance can be taken in a series of regular instalments over a period of 5 or 1maturity, and the balance can be taken in a series of regular instalments over a period of 5 or 10 years.

The Fund Value is the maturity benefit which may be taken in lump sum or availed in instalments over 5 years after the maturity datethrough the Settlement Option feature under the plan.

On maturity the fund value is paid which can also be availed in instalments under the Settlement Option.

Moreover, the beneficiary of the policy can avail the maturity benefit in installments under the settlement option.

Policyholders can choose to receive the Maturity Benefit as a lump sum or over a period of five years after the maturity date, as under the settlementMaturity Benefit as a lump sum or over a period of five years after the maturity date, as under the settlementmaturity date, as under the settlement option.

Under the Settlement option, you can choose to receive the maturity or death benefit in installments over a few years instead of a lump sum.

The Life Assured may also choose to receive the Maturity Benefit under Settlement Option.

Under settlement option, maturity benefits can also be taken as installments spread over a period of 5 years with an addition of interest at a rate approved by IRDAI.

Under a settlement option, the maturity amount entitled to a life insurance policyholder is paid in structured periodic installments (up to a certain stipulated period of time post maturity) instead of a «lump - sum» payout.