Not exact matches
a. Death Benefit (other than death
due to Accident)-- During Waiting period
of 90 days: In case
of the death (other than
due to Accident)
of the Life Insured during the Waiting Period
of 90 days, the Death Benefit payable will be 100 %
of premiums paid
till the date
of death, exclusive
of applicable taxes.
Maturity Benefit: In case the Life Insured survives
till maturity and all
due premiums have been paid
till the date
of maturity, Maturity Benefit will be payable to the Policyholder as Sum Assured on Maturity equal to the chosen Sum Assured.
Loyalty Additions: Get Loyalty Additions every year from end
of 6th policy year
till maturity for both premier and online options, provided your policy is in force and all
due premiums till date have been paid.
Get Loyalty Additions every year from end
of 6th policy year
till maturity for both premier and online options, provided your policy is in force and all
due premiums till date have been paid.
The provision
of payment
of 80 %
of the
premium will be applicable only if the LIC term plan is in force meaning that all the
due premiums have been paid
till the date
of suicide.
In case
of survival
of life assured during the policy term, Guaranteed Cash Backs as percentage
of sum assured are paid after
premium payment term
till maturity, provided all
due premiums have been paid.
Even in case
of death
of the Life Assured, the Maturity Benefit will be payable if all Installment
premiums due till date
of death
of the Life Assured have been received in full.
If the life assured dies during the grace period, Edelweiss Tokio Life will pay the death benefit, except the
due premium till the date
of death (if any).
You get 30 days from the
due date to pay your
premiums, at some point
of which your plan and life insurance cover will maintain, post the date, you will not receive cover
till premium amounts paid.
GA equal to 7 % per annum
of BSA will accrue at the end
of each policy year
till the
premium payment term, subject to all
due premiums are paid and the policy is in - force
till that point in time.
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 case the Life Assured survives
till the end
of the Policy Term, provided all
due premiums have been paid, the Sum Assured plus accrued bonus and Terminal Bonus, (if any) will be payable.
In the unfortunate event
of your death or suffering from Permanent Total disability (PTD)
due to an accident, whichever is earlier during the Policy term, provided that all the the
premiums are paid
till death, the sum assured along with the sum
of all
premiums paid will be paid.
On survival
of the Life Assured
till maturity, provided the policy is in - force and all
due premiums have been paid, the sum
of the following benefits will be payable:
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 sooner.
In case
of survival
of Life Assured during the Policy Term, Guaranteed * Cash Backs as percentage
of Sum Assured are paid after
premium payment term
till maturity, provided all
due premiums have been paid.
f insured is struck by total and permanent disablement
due to an accident or illness, he or she may get future
premiums payable waived off, additional monthly income
of 1 %
of Guaranteed Sum Aassured
till the end
of premium payment term, income benefits as per schedule and maturity benefits on maturity.
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:
You have the option to change your
premium paying term at any time subject to the minimum and maximum
premium paying term allowed under the plan, provided all
due regular and limited
premium till the date
of such request are paid
Payment in full amount equal to all the policy
premiums due but unpaid
till the effective date
of renewal.
In that case, the surrender value will be a total
of percentage value
of premiums paid
till date which will be excluded from any extra
premiums paid and
premium rider values (if there is any)-- survival benefits that are already
due and still payable to the policyholder.
BSLI Waiver
of Premium Rider (UIN: 109B017V02): In the event
of death
of the proposer or any other eventuality, wherein, the proposer becomes completely disabled
due to an illness or accident, or is diagnosed with any
of the specified critical illnesses, then all the future
premiums of the base plan along with the attached riders are waived off for the remaining policy term or
till the proposer attains the age
of 70, whichever is earlier.
If the life assured dies during the grace period, HDFC Life will still pay the death benefit, post deducting the
due premium till the date
of death (if any).
You get 30 days from the
due date to pay your
premiums, at some point
of which your plan's life insurance cover will maintain, post the date, you will not receive cover
till premium amount is paid.
In the event
of death
of the life insured during the term
of the policy provided all
due premiums are paid, the Sum Assured on Death, subject to the guaranteed death benefit
of 105 %
of the total
premiums paid
till date
of death, is payable immediately and the policy will be converted to a fully paid - up policy.
If death occurs
due to suicide within 12 months from the date
of revival
of the Policy, the death benefit is higher
of 80 %
of the
premiums paid
till the date
of death or the Surrender Value available as on the date
of death.
I have taken LIC Jeevan Tarang single
premium policy
of 3 Lakh for 10 years for single
premium amount 223500 in 2006, today I got 125100, and 16500 SB
due every year
till age 100, whether it is taxable.
On survival
till the maturity date, provided all
due premiums have been paid, you will receive the higher
of:
Death Benefit: In case
of death
of the Life Insured provided the policy is in - force and all
due premiums till the date
of death have been paid during the policy term, the sum assured on death will be paid to the nominee which is highest
of:
This payout starts at the end
of the 10th year
till the end
of the 17th year, provided all
due premiums are paid.
In the unfortunate event
of death
of life insured, provided all
due premiums till the date
of death have been paid and the policy is in - force, the policyholder or nominee shall receive the higher
of
On survival
of the Life Assured
till the end
of the Policy Term, provided the Policy is in - force e and all
due premiums have been paid, Policyholder will receive Maturity Benefit.
Death Benefit: In the unfortunate event
of your death during the policy term, provided that all the
due premiums are paid
till death, the Sum Assured is paid to your nominee and the policy terminates
Future
premiums due after demise
of the life assured are waived off and policy will continue
till maturity
Hello Sachin, In case you apply for the policy (
premium paid) and later decide to discontinue
due to
premium being increased, the company may deduct charges for 3 things: 1) Medical Examination Cost 2) Stamp Duty Charges (if already paid)-- Stamp Duty is applicable in case
of Life Insurance Policies 3) Mortality Charge (cover for risk
of death) for Life Insurance cover offered
till the time
of cancellation
of the policy.
Maturity Benefit: On survival
till the maturity
of the contract and provided all
due premiums have been paid, the maturity sum assured as per the table below shall be payable.
On the life assured surviving the end
of premium paying term (PPT) provided all
due premiums have been paid: Survival benefit will be equal to 8 %
of basic sum assured will be paid each year
till the life assured survives or
till the policy.