Sentences with phrase «offering guaranteed surrender value»
It said that the four - pronged regulatory changes in recent years have brought renewed focus on customer centricity, be it making sum assured at a minimum ten multiples, offering guaranteed surrender value, making benefit illustration mandatory for all products, need - oriented like measuring product suitability matrix before making any recommendation, among others.
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An LIC single premium policy offers guaranteed surrender value.
Not exact matches
This benefit includes a choice of two Withdrawal Base1 growth options — 10 % with no interest credits added or 7.5 % plus an additional dollar amount of interest credits annually, minus any withdrawals.2, 3 In addition, ForeIncome offers a Guaranteed Minimum Surrender Value (GMSV) 4 which has the potential to increase contract value but terminates on the GLWB activation Value (GMSV) 4 which has the potential to increase contract value but terminates on the GLWB activation value but terminates on the GLWB activation date.
Choice Income also offers a Guaranteed Minimum Surrender Value (GMSV) 9, which may increase your contract value upon surrender, after the withdrawal charge period but terminates on the GLWB ActivatSurrender Value (GMSV) 9, which may increase your contract value upon surrender, after the withdrawal charge period but terminates on the GLWB Activation Value (GMSV) 9, which may increase your contract value upon surrender, after the withdrawal charge period but terminates on the GLWB Activation value upon surrender, after the withdrawal charge period but terminates on the GLWB Activatsurrender, after the withdrawal charge period but terminates on the GLWB Activation Date.
The amount which is higher of the Special Surrender Value (SSV) and the Guaranteed Surrender Value (GSV) will be offered as the surrenderSurrender Value (SSV) and the Guaranteed Surrender Value (GSV) will be offered as the surrenderSurrender Value (GSV) will be offered as the surrendersurrender benefit.
It offers guaranteed low premiums to age 100 (no surrender value).
Conclusion: Majority of the pension plans offers returns between 4 % to 6 % per annum without risk coverage and this plan scores high in terms of returns or guarantee surrender value before the maturity date.