Sentences with phrase «minimum guaranteed maturity benefit»

Death Sum Assured is highest of 10 times of Annual Premium OR 105 % of all the premium (excluding taxes and extra premiums, if any) paid as on date of death, OR Minimum Guaranteed Maturity Benefit, OR absolute amount assured to be paid on death (11 times the Annual Premium rounded up to the next «1000), where, Annual Premium refers to premium payable in a year excluding any extra premium, service tax and loading for modal factors, if any.

The Maturity Benefit at 8 % and 4 % is not guaranteed and is subject to minimum Guaranteed Maturity Benefit of Rs. 3,78,750.

The minimum Guaranteed Maturity Benefit is 100.1 % of the total premiums paid during the plan term.

However, any extra premium paid would be deducted from the total premium amount for computing the minimum Guaranteed Maturity Benefit.

At the time of the Maturity, you are benefited with either the minimum guaranteed maturity benefit or the fund value, whichever is greater.

The Maturity Benefit at 8 % & 4 % is not guaranteed and is subject to minimum Guaranteed Maturity Benefit of Rs. 3,78,750.

The minimum guaranteed maturity benefit is 100.1 % of total * premiums paid.

Not exact matches

The minimum amount payable under death benefits or maturity guarantees provided for under the terms of the segregate fund contract.

In case of death of the insured during the tenure of the plan, a benefit higher of 10 times the annual premium or base Sum Assured or minimum guaranteed Maturity Sum Assured or 105 % of all premiums paid till the date of death is payable along with the vested reversionary bonuses.

Death Benefits: In case of the insured's death, Higher of, Sum Assured Or, Guaranteed Maturity Benefits are subject to a minimum 105 % of all premiums paid till death is payable.

An individual between 18 - 50 years can start the policy with minimum Rs 1 lakh as guaranteed maturity benefit.

Sum assured applicable for death / maturity benefit is equal to or higher of 10 times of annualized premium, sum assured, minimum guaranteed sum assured on maturity, or 105 % of the total premiums paid.

The plan is eligible for the bonuses declared by the company.A simple Reversionary Bonus which is declared at the end of each financial year and is payable either on death or on maturity, whichever event happens first.The plan offers minimum 3 % guaranteed reversionary bonus.A Terminal Bonus may be added to a policy which depends on the actual future experience it is not a guaranteed benefit.

On the death of the life insured during the policy term, a Guaranteed Death Benefit is payable which is Highest of any of the Sum Assured plus accrued Guaranteed Additions and Bonuses, Guaranteed maturity benefit plus accrued Guaranteed Additions and Bonuses or Minimum Death BBenefit is payable which is Highest of any of the Sum Assured plus accrued Guaranteed Additions and Bonuses, Guaranteed maturity benefit plus accrued Guaranteed Additions and Bonuses or Minimum Death Bbenefit plus accrued Guaranteed Additions and Bonuses or Minimum Death BenefitBenefit.

For life insured with the entry age of 5 years and above, the death sum assured, irrespective of survival benefit already paid, is either equal to or higher than of 10 times of annualized premium, or 105 % of premiums paid till date of death, or minimum guaranteed sum assured on maturity or absolute amount assured to be paid on death.

In the event of death of the life assured during the term of the policy (fully paid / premium paying policy), the Death Benefit payable is higher of Minimum Death Benefit, Sum Assured plus Bonuses, or Guaranteed Maturity Benefit plus Bonuses.

For non-single products with a term of 10 years or more, the minimum death benefit would either be ten times the annualised premium or 105 per cent of all premiums paid on the date of death or the least guaranteed sum assured on maturity or any absolute amount assured to be paid on death (for non-par products for those below 45 years), whichever is the highest.

In the event of the demise of Sumant within the policy term, the death benefit payable is higher of Sum assured plus guaranteed additions, Guaranteed maturity benefit plus accrued guaranteed additions, or minimum deatguaranteed additions, Guaranteed maturity benefit plus accrued guaranteed additions, or minimum deatGuaranteed maturity benefit plus accrued guaranteed additions, or minimum deatguaranteed additions, or minimum death benefit.

The assured benefits could be of three types — first, a minimum positive return on the premiums paid; second, a guaranteed maturity benefit in absolute amounts; or a guaranteed annuity.