Sentences with phrase «of unfortunate death of policyholder»

In case of unfortunate death of the policyholder during the policy term sum assured will be payable to the nominee.

«We have tried to package maximum benefits in the product that can support the family by providing bonus and sum assured at the time of maturity while continuing the cover for lifetime and another sum assured at the time of unfortunate death of the policyholder.

This plan provides for Annual Income benefit that may help to fulfill the needs of the family, primarily for the benefit of children, in case of unfortunate death of Policyholder any time before maturity and a lump sum amount at the time of maturity irrespective of survival of the Policyholder.

LIC ADHAAR SHILA PLAN is a newly launched plan of LIC which is specially designed for Female Lives having aadhaar card issued by UIDAI.This plan gives protection to the family in case of unfortunate death of policyholder.

This plan gives protection to the family in case of unfortunate death of policyholder.

Death Benefit: In the event of unfortunate death of the policyholder, the sum assured in the form of death benefit along with accrued additional bonuses is paid by the insurer.

Term Insurance is a simple life insurance product which helps protect the financial future of the family, in case of the unfortunate death of the policyholder.

In case of an unfortunate death of the policyholder, the nominee receives a lumpsum payout.

LIC's Aadhaar Shila Plan also provides financial support to the family in case of unfortunate death of policyholder before maturity and a lump sum amount the time of maturity for the surviving policyholder.

LIC's Aadhaar Stambh Plan also provides financial support to the family in case of unfortunate death of policyholder before maturity and a lump sum amount the time of maturity for the surviving policyholder.

The most important reason due to which people buy insurance policies is because the insurance providers offer life cover to the dependents in case of the unfortunate death of the policyholder.

The plan provides family protection for 16 years though payout of death benefit in case of unfortunate death of the policyholder.

Optional riders that can be added handily for enhanced protection, making the plan offer comprehensive protection to the family, in case of unfortunate death of the policyholder..

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

Life Cover: This is the most important benefit of life insurance where nominee of the policyholder gets a lump sum amount in case of an unfortunate death of the policyholder.

Death Benefits Death benefits of ULIPs are offered in case of unfortunate death of the policyholder.

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

Death Benefit - In case of unfortunate death of the policyholder during the tenure of the policy, the beneficiary of the policy receives the death benefit as the sum assured amount, which is 105 % of the total premium paid till demise.

DHFL PramericaRakshak + is a traditional Endowment plan to take care of the child's future needs in case of the unfortunate death of the policyholder.

In case of unfortunate death of the policyholder, the nominee gets the maturity benefit.

The lump sum payout will be made to the beneficiary in case of the unfortunate death of the policyholder.

In case of an unfortunate death of the policyholder, the nominee can either take a lump sum or receive a regular pension for the rest of the policy tenure.

The nominated person gets to receive the death benefit in case of unfortunate death of the policyholder.

Not exact matches

3) Bharti AXA Life Premium Waiver Rider (UIN: 130B005V03): Under this rider in case of the unfortunate event of death, Total Permanent Disability or critical illness (in case of Policyholder) and Critical Illness (in case of Life Insured) the future premiums are waived off and the benefits under the policy will continue.

Protection for your family - Sum Assured is paid in case of an unfortunate event of death of the policyholder.

In case of unfortunate death of the Life Insured the death benefits of the policy are received by the nominee or the Policyholder.

The maturity proceeds are paid at the end of the term or after the unfortunate event of the policyholder's death.

Alternately, the beneficiary can approach the insurance company in case of the unfortunate death or accident of the policyholder.

This is because it gives a peace of mind that in case of any unfortunate event such as death and critical illness; the sum assured paid by the life insurer will be sufficient to meet future goals of the policyholder or family.

In the unfortunate event of the demise of the policyholder, the nominee receives the Sum Assured as the Death Benefit.

In the unfortunate event of the demise of the policyholder, the nominee receives a Death Benefit.

In an unfortunate event of the policyholder's death, the nominee (child) receives the Death Benefit that is higher amongst the Maturity Sum Assured, 10x of the annual premium and 105 per cent of the premiums death, the nominee (child) receives the Death Benefit that is higher amongst the Maturity Sum Assured, 10x of the annual premium and 105 per cent of the premiums Death Benefit that is higher amongst the Maturity Sum Assured, 10x of the annual premium and 105 per cent of the premiums paid.

Aviva Young Scholar Advantage is a Unit Linked Insurance Plan specifically designed to protect the beneficiary in the unfortunate event of the policyholders» death.

In case of the unfortunate event of death of policyholder during the income benefit period, the remaining payouts will be made to the nominee.

Life Insurance Benefit - Sum Assured is paid in the case of the unfortunate event of death of the policyholder

In a case of the unfortunate event of the death of the policyholder, the nominee is supposed to file a claim to receive the amount as decided at the time of buying the term policy.

Depending on the type of plan, an endowment plan can act as an investment for the policyholder's own use or can benefit the beneficiaries upon the unfortunate death of the policyholder.

Bajaj Allianz iSecure Loan is a traditional online term insurance plan designed to cover loans or mortgages availed by the policyholder thus ensuring peace of mind in taking care of the policyholder's liability even in case of unfortunate death

BSLI Guaranteed Future Plan is a traditional savings plan with regular income inflow option to take care of the family's requirement in the unfortunate death of the policyholder

In the unfortunate event of the policyholder's demise, the insurer pays out a lump - sum as death benefit, waives off all future premiums and continues funding the insurance policy until maturity.

Aegon Life Easy Protect Insurance Plan is a term insurance plan where the death benefit is not paid in a lumpsum but paid in monthly installments so that the income needs of the family are met in the unfortunate death of the policyholder.

Anmol Jeevan II plan by LIC of India is a protection plan that offers financial security to the family of the policyholder in case of unfortunate death of the insured.

In the unfortunate event of the demise of a policyholder, the death benefit is paid to the beneficiary.

This plan offers the best of both worlds — on maturity, the policyholder gets the sum assured, and in the unfortunate event of the policyholder's demise, the family receives a death benefit.

Financial protection is also provided to the nominees of the policyholders in the unfortunate event of the death of the life insured.

On the unfortunate demise of the policyholder, the nominee gets the Death Benefit, which is equal to the Sum Assured of the policy.

The policyholder ensures the financial security of his or her loved ones, even in the unfortunate event of their demise, as their nominees receive the Death Benefit.

• Death Benefit, here a sum of money equalling the amount assured will get paid to the nominee of the policyholder if the policyholder happens to experience an unfortunate sudden demise during the active period of the policy

The policyholder will acquire loss of life advantages on the unfortunate occasion of his / her death.

This important add - on secures the future of the policyholder's family in case of unfortunate events like the policyholder's temporary / partial disability, permanent disability, or accidental death.