Sentences with phrase «month during the payout period»

Monthly Payout — Amount chosen by the policyholder is payable at the beginning of every month during the payout period.

Not exact matches

More importantly, the company achieved an ominous milestone during the quarter: free cash flow per share ($ 0.973) dipped below dividend payouts per share ($ 1.10) in the prior 12 - month period for the first time since mid-2013.

The Fixed Deposit scheme is available in three modes - The quarterly payout scheme where the interest can be withdrawn every quarter from the start date of the investment, the monthly payout scheme where the customer can withdraw the interest every month if he chooses, and collecting the interest along with the final amount during the maturity period.

Option B - Income Protection Under this option, the Death Benefit shall be payable as Monthly Income (payouts made each month) to your nominee during the payout period as chosen by you at inception of policy.

o Monthly Income Benefit: In case of death of the life insured during the policy term, the nominee is entitled to receive the monthly income that starts from the date of death till the end of the policy term, subject to a guaranteed payout for a minimum period of 36 months.