Sentences with phrase «of future payouts»

The nominee however has the option to withdraw the discounted value of the future payouts at any time during the said period.

It also offers an option to the nominee to take the present value of the future payout at any point in time, during the policy term.

It may be worthwhile to continue paying several bills than paying a third party a percentage of future payouts.

Of note is that with all investments past investment payout is no guarantee of future payouts.

This benefit is payable as a series of monthly payouts and the nominee / beneficiary would not be allowed to take the discounted value of the future payouts as a lump sum.

Shortfalls occur when the assets of the plan aren't big enough to cover the projected cost of future payouts.

Also, additional purchases, reinvestments of fund distributions, or redemptions from your account will alter the amount of your future payouts for the year because of the resulting change in the number of shares you hold.

If you do get a deadly diagnosis after you've been approved for an insurance plan, you may be able to take early advantage of the future payout to help with ongoing healthcare related costs, such as in - home nursing care, or for you to scratch some items off your «bucket list» before you become too ill to do so.

Option 2: In case of death of the Life Assured, 50 % of the Sum Assured immediately and 3 % of the Sum Assured every month is paid to the nominee starting from the next Policy month for the next 5 years - Nominee will have an option to take the discounted value of the future payouts anytime.

The lump sum shall be calculated as a Net Present Value of future payouts at a guaranteed rate of 5 % p.a)

Nominee also has the option to take the present value of the future payouts.