Sentences with phrase «minimum guarantee»
The phrase "minimum guarantee" refers to the lowest level of something that is promised or ensured. It means that no matter what happens, there is a specific minimum amount or condition that will be provided or maintained. Full definition
The proceeds after addition of interest subject to minimum guaranteed interest rate is payable after the end of the lock - in period.
comparepolicy.com
When pressed about this confusion, universal life insurance companies point to the disclosed minimum guaranteed rate.
This works out to 6 % minimum guaranteed returns.
The cash value grows at a steady rate with minimum guarantees every year.
They offer minimum guarantees and they will increase in value the longer they are held.
This plan gives an opportunity to the policyholder to select minimum guaranteed maturity at the time of buying with flexible policy terms of 10, 15 and 20 years.
Under this Plan, the «Minimum guaranteed sum assured on maturity» is zero and no benefit is payable on maturity of the Policy.
From what I read there are minimum guaranteed contractual rates at which the cash value of your account will grow at.
A portion of the premium payments you make go towards interest or index growth avenues, allowing for greater growth potential, with a «floor» of minimum guarantees attached.
The life insurance company makes guaranteed minimum guarantees regarding the growth of the cash value, and most often this is greatly exceeded with dividend payments.
The proceeds after addition of 4 % minimum guaranteed interest rate is payable after the end of the lock - in period.
Either at the rate of the insurer's portfolio or minimum guaranteed rate, in the case of universal life insurance.
The Surrender Value payable is higher of minimum Guaranteed Surrender Value or Special Surrender Value.
Sum Assured on death is higher of Minimum Guaranteed Sum Assured on Maturity or 10 times the annualized premium.
Some preferred stocks provide for minimum guaranteed dividends.
InvestoBite Replied: 28-08-2017 10:39:16 In your case, 750000 is death sum assured which is minimum guaranteed amount to be paid in case of death during policy term and it 250 times of monthly premium for all ages (up to 49), while maturity sum assured of this particular plan depends premium, term and age.
Other company demands include cutting paid bereavement days from five to three, loss of a week of paid vacation time, and reduction of minimum guaranteed pay for workers called in on their days off.
On death higher of 10 times the annual premium or 105 % of all premiums paid or Minimum Guaranteed SA on Maturity or absolute amount assured to be paid on death is payable
Leading private sector life and general insurance company, Bajaj Allianz Life Insurance has launched Invest Plus, which offers upfront minimum guaranteed investment returns at the beginning of each year, a company statement said here.
Invest Plus is the first of its kind traditional plan that offers upfront minimum guaranteed investment returns at the beginning of each year and a guaranteed maturity value so that customers can feel protected at all times and plan their investments without any worries.
(Smart Performer is a NAV based plan wherein there is minimum guaranteed NAV which is equivalent to 5 % more than highest NAV achieved recorded in the first 7 years from the launch of product)
Tim Miller covered that for the first movie as a visual effects wizard, and for Deadpool 2, hiring Leitch at minimum guarantees moviegoers will see some amazing action sequences.
Case 2: In a 15 - year (180 months) Family First Plan with face amount of Rs. 4,000 Monthly Family First payout, if the insured person dies anytime during the last 48 months, the beneficiary will receive minimum guarantee 48 monthly installments plus a lump sum of Rs. 80,000 (20 x 4000) with the first monthly payout
He pledged that the EU would continue to support the robust training of stakeholders, a strong collation and transmission system, internal party democracy, promotion of women participation, securing an apolitical role for the security forces with the main political actors giving their commitment to minimum guarantees ahead of the elections and more transparency in the funding of the political parties and political campaigns.
Many creators have also benefitted financially by migrating their readers and continuing to build up their audience to become eligible for and earn advertising revenue and individualised monthly minimum guarantee contracts based on their continued performance.
The plan offers an opportunity to select minimum guaranteed maturity at the time of buying and also provides guaranteed additions to the maturity amount and applicable bonus, thereby ensuring higher return at the end of the policy term.
The policy gets a share of profits arising from the «participating insurance businesses» in the form of Minimum Guaranteed Bonus interest rate, Regular Bonus interest rate, residual additions and Terminal Bonuses, if any.
Irda had said all individual non-linked life insurance and pension products should acquire minimum guaranteed surrender value (GSV).
The Job details are mentioned below: - Location: Oconomowoc, WI Position: Certified Nursing Assistant with hospital experience Contract Duration: 13 weeks Minimum Guaranteed Hours: 40 Job...
The proceeds after addition of minimum guaranteed interest as stipulated by IRDAI is payable after the end of the lock - in period.
The Birla Sun Life Protect @Ease Term Plan offers minimum guaranteed sum assured which is NIL.
In case of death at any time during the tenure, death benefit will be paid which will be higher of 10 times the annual premium or 105 % of total premiums paid till death or minimum guaranteed Sum Assured on Maturity or an absolute amount to be paid on death which is expressed as a % of the Sum Assured and depends on the policy year of death
In case of ULIPs (issued after Sep 2010), if discontinued in first 2 years then the sum assured will be paid after the lock - in period of 5 years with minimum guaranteed return of 4 %.
Whereas a participating whole life policies offer minimum guaranteed returns, with a non-guaranteed potential return based upon company performance, indexed universal life policies offer a maximum guaranteed return based upon the performance of any number of selected market indexes.
The Maturity Benefit at 8 % & 4 % is not guaranteed and is subject to minimum Guaranteed Maturity Benefit of Rs. 3,78,750.
Minimum guaranteed surrender value = Guaranteed Surrender Value + Surrender Value of the Guaranteed Additions already accrued to the policy
Whereas a participating whole life policies offer minimum guaranteed returns, with a non-guaranteed potential return based upon company performance, indexed universal life policies offer a maximum guaranteed return based upon the performance of any number of selected market indexes.
Other demands include cutting paid bereavement days from five to three, loss of a week of paid vacation time, and reduction of minimum guaranteed pay for workers called in on on their days off.
The deal is worth $ 7 million in minimum guarantee, with a $ 15 million P&A.
SA on death is higher of 11 times the annual premium or minimum guaranteed SA on Maturity subject to a minimum of 105 % of all premiums paid till death
Either at the rate of the insurer's portfolio or minimum guaranteed rate, in the case of universal life insurance.
Generally, Camilo says, working with celebrities involves revenue share agreements, and each deal is structured differently «in terms of advances or minimum guarantees.»
Most, if not all, companies will ask for a minimum guarantee of sales covering the life of the contract paid in advance or in installments, and will charge royalties as well.
Through a mechanism called the Minimum Guaranteed Fill (MGF), Market Makers also ensure these orders are filled at the best price.
I have a section talking about the minimum guaranteed income, the referendum in Switzerland which was driven by an ex-Montessori teacher.