Sentences with phrase «minimum guaranteed interest rate»

The Discontinued Policy Fund will earn a minimum guaranteed interest rate equal to the savings account rate of State Bank of India and the proceeds from this will be payable after the fifth policy anniversary.
The proceeds after addition of 4 % minimum guaranteed interest rate is payable after the end of the lock - in period.
The proceeds after addition of interest subject to minimum guaranteed interest rate is payable after the end of the lock - in period.
The Pension Discontinued Policy Fund is credited with the actual return (less fund management charge of 0.50 % p.a.) or a minimum guaranteed interest rate of 4 % p.a, whichever is higher.
The Pension Discontinued Policy Fund is credited with a minimum guaranteed interest rate of 4 % p.a or as directed by IRDAI.
Upon surrendering the policy with - in the lock - in period of 5 years and on complete withdrawal from the policy, the fund value after deducting discontinuance charges is credited to the «Discontinued Policy Fund» and it is refunded upon completion of lock - in period, subject to minimum guaranteed interest rate of 4 % p.a.. Upon surrendering the policy after the lock - in period of 5 years and on complete withdrawal from the policy, the total fund value as on the date of surrender is payable and the policy then terminates.
The minimum guaranteed interest rate applicable on the Pension Discontinued Policy Fund is 4 % compounding annually.
The proceeds after addition of minimum guaranteed interest rate as stipulated by IRDAI is payable after the end of the lock - in period.
Upon surrendering the policy with - in the lock - in period of 5 years and on complete withdrawal from the policy, the fund value is credited to the «Discontinued Policy Fund» and it is refunded upon completion of lock - in period, subject to minimum guaranteed interest rate of 4 % p.a..
The excess income earned in the Discontinuance Policy Fund over and above the minimum guaranteed interest rate shall also be apportioned to the Discontinuance Policy Fund in arriving at the proceeds of the discontinued policies and shall not be made available to the Company.
The Discontinued Policy Fund will earn a minimum guaranteed interest rate of 3.5 % p.a. and the proceeds from this will be payable after the fifth policy anniversary
The proceeds after addition of interest subject to a minimum guaranteed interest rate as stipulated by IRDAI is payable after the end of the lock - in period.
The proceeds after addition of minimum guaranteed interest rate of 4 % p.a or as stipulated by IRDAI is payable after the end of the lock - in period.
The plan offers a minimum Guaranteed Interest Rate, which will be guaranteed for the entire term of the policy and an Additional Interest Rate, which may be declared by the company at the start of each financial quarter.
The rate of return for universal life insurance's cash value is usually set by the market, but you may also have a minimum guaranteed interest rate.
There is usually a minimum guaranteed interest rate of about 4 %.
Index UL participation in the index may have a cap, margin, or other participation modifier, as well as a minimum guaranteed interest rate.
NYLIAC guarantees that it will credit interest at an effective rate of at least the minimum guaranteed interest rate stated on the data page of your policy to amounts allocated or transferred to the Fixed Accounts under the policies.
NYLIAC guarantees that it will credit inteest at an effective rate of at least the minimum guaranteed interest rate stated on the data page of your policy to amounts allocated or transferred to the fixed accounts under the policies.
With a minimum guaranteed interest rate of 2 %, Mutual of Omaha's GUL products provide competitive pricing and great product features.
The Sage universal life insurance no medical exam policy also offers a minimum guaranteed interest rate on the cash value accumulation portion of 2.5 % which is guaranteed payable over the life of the policy.
Additionally, the cash value will grow at a minimum guaranteed interest rate.
The cash portion of your policy will grow tax - deferred with a minimum guaranteed interest rate for extra security.
Most IULs offer a minimum guaranteed interest rate (i.e. floor) and a choice of indexes, such as the S&P 500 and the NASDAQ 100.
The minimum guaranteed interest rate is subject to change and may vary by product and state.
Afterwards, interest rates may change monthly, but not below the minimum guaranteed interest rate.

Not exact matches

Here are just a few of the guaranteed benefits of federal loans: low, fixed interest rates; in - school and hardship deferment opportunities; loan forgiveness options; income - driven repayment plans; no prepayment penalties; and no minimum credit score requirement.
Voya is looking to reduce exposures to generous guaranteed minimum income benefit (GMIB) riders sold to individual customers through early 2010 during an era of higher interest rates.
Fixed deferred annuities also provide you with a guaranteed minimum interest rate, regardless of market conditions.
There is no guarantee that the company will declare an interest rate greater than the guaranteed minimum effective interest rate.
This guaranteed minimum value may be the premiums paid (or a percentage of them) improved at an interest rate such as 0 to 2 percent.
It might seem a lender is offering guaranteed loan approval, despite bad credit, but the small print may stipulate a minimum limit, increased interest rates and severe late payment penalties.
Part of the interest rate earned is a guaranteed minimum, commonly 1 - 3 % paid on 90 % of premiums paid; the other part is linked to the specified equities index.
Choose the security of guaranteed minimum interest rates or link your policy's growth to the equity markets
Paying off student loans early provides a GUARANTEED rate of return, because you are definitely going to be paying less interest than if you went with just minimum payments.
The annuities also provide a guaranteed minimum interest rate and don't respond to the market; making them the guaranteed portion of your retirement portfolio.
It can provide a guaranteed minimum interest rate with no taxes due on any earnings until they are withdrawn from the account.
A retirement vehicle that offers a guaranteed minimum interest rate and the ability to begin taking withdrawals at any time.
87.5 % of premium accumulated at the contract's guaranteed minimum interest rate (Guaranteed Minimguaranteed minimum interest rate (Guaranteed Minimum minimum interest rate (Guaranteed MinimGuaranteed Minimum Minimum Value).
90 % of premium, adjusted for withdrawals, accumulated at the contract's guaranteed minimum interest rate
Fixed annuities feature a guaranteed minimum interest rate.
After the initial rate guarantee period, your rate may be adjusted each year but may never fall below the guaranteed minimum interest rate at the time of issue.
The insurance company also guarantees a minimum interest rate in fixed indexed annuities.
With the Federal Reserve keeping interest rates low for the better part of the past decade, it's been more like 3 % or 4 % interest with a minimum guarantee.
The guaranteed minimum interest rate is 2 % annually.
After that, the interest rate is guaranteed to never fall below the contract's declared guaranteed minimum interest rate.
The cash value is guaranteed to grow according to a minimum annual interest rate, but may grow faster depending on the insurer's market performance.
§ The guaranteed minimum interest rate will be declared each calendar year and will fall between 1 % -3 %.
Here are just a few of the guaranteed benefits of federal loans: low, fixed interest rates; in - school and hardship deferment opportunities; loan forgiveness options; income - driven repayment plans; no prepayment penalties; and no minimum credit score requirement.
An interest rate that may change over the life of the policy but offers a minimum guaranteed rate
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