You will receive a Guaranteed Monthly Income (in arrears) after the end of the premium payment term on survival of the Life Assured at the end of
every month till the end of the policy term.
Loyalty Addition is 0.025 % / 0.06 % (% of fund value) during 61st to 120th policy month / 121st policy
month till end of the policy term.
It is added at the end of each policy month, starting from the 49th
month till end of the policy term.
Loyalty Addition is added at the end of each policy month, starting from 61st policy
month till end of the policy term.
Guaranteed Income Benefit in form of Monthly Income for 15 years - payable from the end of 121st policy
month till the end of Policy Term.
Guaranteed Monthly Income for 15 years - payable every month from the end of 121st policy
month till the end of Policy Term.
Not exact matches
■ The additional death benefit can be taken as lump sum or as 25 %
of basic sum assured paid at the
end of the each last four years and family income benefit as 1 %
of the basic sum assured at the
end of every
month following the date
of death
till the
end of the
policy term but not less than 36 monthly payments.
For Single Pay
policies, Guaranteed Enhancers equal to 0.25 %
of last 12
months» average Fund Value, are added at the
end of every
policy year from 6th
policy year onwards
till the
policy maturity.
For
policies where the outstanding
policy term is less than 48
months, sequence
of monthly income payouts will endure to be paid even after the
end of the
policy,
till the 48th installment.
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.
Rs. 60 / - per
month during the first
policy year, Rs 20 / - per
month during the second year and thereafter, from the third year on wards
till the
end of the
policy term Rs. 20 / - per
month escalating at 3 % p.a.