Sentences with phrase «nominee till the death»

In the 2nd option in case of the death of the sum assured, 105 % of the premiums are paid to the nominee till the death of the insured.

Not exact matches

Whole - Life Plan — insurance company collects premium from the insured till the retirement or the term of the policy and pays the claims to the nominees only after the death of the insured person.

In case of the insured dying, higher of the Fund Value or 105 % of premiums paid till the date of death or (0.5 * annual premium * term) is paid to the nominee

It provides extensive life coverage till one's death, which means that the sum assured, along with all the simple reversionary and finally acquired bonuses, would be granted to her / his appointed nominee.

On death before the vesting period, higher of the fund value or 105 % of premiums paid till the date of death is paid to the nominee who can either avail the death benefit in lump sum or avail annuity from it.

In any case, the death benefit paid to the nominee should not be lower than 105 % of the total premiums paid till the date of death.

On death, an Assured Death Benefit equal to 101 % of all premiums paid including bonuses is payable to the nominee subject to a minimum of 105 % of all premiums paid till ddeath, an Assured Death Benefit equal to 101 % of all premiums paid including bonuses is payable to the nominee subject to a minimum of 105 % of all premiums paid till dDeath Benefit equal to 101 % of all premiums paid including bonuses is payable to the nominee subject to a minimum of 105 % of all premiums paid till deathdeath.

The nominee can avail the death benefit in lump sum or choose to receive the monthly Family Income Benefit of 1.5 % of the Sum Assured as and when it accrues, i.e. following the date of death of the insured till the end of the tenure.

If death happens, the death benefit will be given to the nominee which and it will be higher of the aggregate premiums paid until death compounded @ 6 % annually or 105 % of total premiums paid till death

In case of death of the insured during the plan tenure, a death benefit which is higher of the minimum Sum Assured or 10 or 7 times the annual premium paid depending on the age of the policyholder is payable to the nominee subject to a minimum of 105 % of all premiums paid till the date of death

In case of death of the insured during the tenure of the plan, higher of the available Sum Assured as on the date of death or 10 times the annual premium or 105 % of all premiums paid till death is payable to the nominee

In case of death of the insured during the tenure of the plan, higher of the chosen Sum Assured or 10 times the annual premium is paid to the nominee subject to a minimum of 105 % of all premiums paid till the date of death.

Thereafter, a fixed monthly income which was chosen at inception is paid to the nominee following the month of death till the end of the term subject to a minimum period of 4 years.

On death of the insured during the tenure of the plan, higher of the basic Sum Assured including any top - up Sum Assured or 105 % of all premiums paid till the date of death is paid immediately to the nominee.

In case of death of the insured during the tenure of the plan, the Sum Assured is payable to the nominee subject to a minimum of 105 % of all premiums paid till the date of death.

On death, aggregate of the Sun Assured and the available Fund Value is paid to the nominee subject to a minimum of 105 % of all premiums paid till death

If the insured person dies during the tenure of the policy, then the death benefit is paid to the nominee of the policy i.e. the child as the sum assured amount, which is 105 % of the total premium paid till demise.

Death benefits to the nominee which will be higher of the fund value of your policy at the time of death or 105 % of premiums paid tillDeath benefits to the nominee which will be higher of the fund value of your policy at the time of death or 105 % of premiums paid tilldeath or 105 % of premiums paid till then

In the result of the unfortunate death of the policyholder, the nominee will get the corpus (till the date of the death).

firstly sum assured upon maturity, secondly the survival benifits @ 5.5 % of the sum assured till the time you are alive, and third and last upon your death Sum assured + Loyalty additions paid to your nominee.

In case of death, the nominee will get a higher fund value of the policy or 105 % of the premium amount paid till the death of the policyholder.

Total premiums paid compounded monthly at 1 % p.a. interest plus accrued guaranteed additions plus accrued bonuses till the death of death, OR 105 % of all premiums paid till the date of death Upon death of the policyholder, the nominee shall have the option to

The policy has a 90 day waiting period from the date of acceptance of risk within which, if death occurs (other than due to accident), the nominee will receive 100 % of the premiums paid till the date of death excluding taxes.

In this plan death benefits given to the nominee is the fund value of your policy or 105 % of the premium paid till the end, whichever is higher.

LIC agent has approached me for new endowment plan for 16 years, sum assured Rs. 9,00,000, premium is Rs. 60,000 pa, maturity benefits is Rs. 21,24,187 after maturity if I opt for pension plan Rs. 16,197 pm till the death of policy holder at his death maturity benefit amount will be paid to nominee.

If the Life Assured, whether sane or insane, commits suicide within 12 months from the date of commencement or revival of the policy, nominee or beneficiary will receive 80 % of the premiums paid till the date of death, excluding taxes and underwriting extra premiums, if any, provided the Policy is in - force and we will not pay any insured benefit.

Sum assured: 10.67 lakh Policy term: 25 years Annual premium: 45000 Maturity value: 13.67 lakh approx at time of maturity guaranteed, plus an annual pension of something between 50000 to 1 lakh claimed till death plus 10.67 (sum assured) at death to nominee.

However, there will be a return of 80 % of the premium paid to the nominee, provided premiums are paid till the death of the insured.

Death benefit2 — sum assured along with the premiums paid till the death of the insured is paid to the nominee either on the death of the insured or if the insured suffers a total and permanent disability due to an accident, whichever is soDeath benefit2 — sum assured along with the premiums paid till the death of the insured is paid to the nominee either on the death of the insured or if the insured suffers a total and permanent disability due to an accident, whichever is sodeath of the insured is paid to the nominee either on the death of the insured or if the insured suffers a total and permanent disability due to an accident, whichever is sodeath of the insured or if the insured suffers a total and permanent disability due to an accident, whichever is sooner.

Policy continues even after the death of policyholder till the maturity and nominee get the maturity value of the policy at the end of the policy.

On death of the insured, an amount in lump sum is paid to the nominee post which, a monthly amount is paid for 5 years or till 60 years whichever is later.

In case of death of the insured during the policy period, death benefit is paid to the nominee which is highest of — 10 times of annualized premium (7 times for ages more than 45) or 105 % of all the premiums paid till the death of the insured, sum assured

Fund value, or Assured Benefit, or 105 % of all premiums paid till the date of death Here the assured benefit is 101 % of all premiums paid till date of death The nominee will also have the option to:

In case of an eventuality (death of the life insured) the nominee will get fixed Rs. 50,000 monthly till the time the life insured would had attained the age of 60 years or for 120 months whichever is higher.

In case of an unfortunate demise of the Life Assured during the Policy Term, provided all due premiums have been paid till the date of death, the benefit payable to the nominee is the higher of:

On death of the insured, a lump sum amount is paid to the nominee post that, a monthly amount is paid for 5 years or till 60 years whichever is later.

On death, the nominee gets higher of the SA on death and vested Simple Reversionary Bonuses if any subject to a minimum of 105 % of all premiums paid till death

When the death occurs after the first five policy years till the policyholder turns 65 years as on the last birthday, the nominee receives the Basic Death Benefit plus the accrued Guaranteed Additions plus the accrued Reversionary Bonuses and Final Bonuses, ifdeath occurs after the first five policy years till the policyholder turns 65 years as on the last birthday, the nominee receives the Basic Death Benefit plus the accrued Guaranteed Additions plus the accrued Reversionary Bonuses and Final Bonuses, ifDeath Benefit plus the accrued Guaranteed Additions plus the accrued Reversionary Bonuses and Final Bonuses, if any.

On death of the insured during the tenure of the plan, higher of the basic Sum Assured including any top - up Sum Assured net of partial withdrawals or 105 % of all premiums paid till the date of death and the Fund Value including any top - up fund value is paid to the nominee.

If the policy holder dies, higher of the maturity sum assured 10 * annual premium or 105 % of premiums paid till death is paid to the nominee.

If death occurs after the completion of the Premium Paying Term, the accrued bonuses and any Terminal Bonus is paid to the nominee subject to a minimum of 05 % of all premiums paid till the date of death

On death of the insured during the tenure of the plan, higher of the basic Sum Assured including any top - up Sum Assured net of partial withdrawals or 105 % of all premiums paid till the date of death or the Fund Value including any top - up fund value is paid to the nominee.

In case of death post the first 5 years, the chosen Sum Assured under the LIC pension plan including the accumulated Guaranteed Additions, Simple Reversionary Bonuses and Final Additional Bonus, if any till the date of death is payable to the nominee who can avail the death benefit whether in lump sum or annuity or partly in lump sum and partly in annuity depending on his choice

In the event of unfortunate death of the policyholder, the nominee will get the corpus (till the date of the death).

Death Benefit Available — the nominee receives Sum assured + guaranteed additions accumulated till dDeath Benefit Available — the nominee receives Sum assured + guaranteed additions accumulated till deathdeath.

In addition, the nominee also gets the Income Benefit, which is 10 % of the Sum Assured, every year till the end of the policy term, from the date of death of the policy holder.

DHFL Pramerica Family Income Plan is a decreasing term plan offered by DHFL Pramerica Life Insurance wherein the death benefit may either be payable in a lumpsum to the nominee or in equal monthly installments till the end of the policy tenure.

Several options like annuity till death, annuity till the death of spouse, or annuity till death with payback of premium to nominee.

The nominee gets the Sum Assured (SA) on death of the policyholder which is higher than 10 times the annual premium or 105 % of all premiums paid till death under the Lump sum Benefit option.

On death, the nominee gets higher of the basic SA or 10 times the annual premium subject to a minimum of 105 % of all premiums paid till death