Sentences with phrase «offers lump sum benefit»

For example, their Saver's Bridge Short - Term Medical policy allows up to $ 2 million in lifetime benefits while the Critical Illness policy offers a lump sum benefit if you happen to be struck down by multiple sclerosis, cancer, paralysis, deafness, blindness, stroke, major organ transplant, coronary artery bypass (only a certain percentage of the value), or a heart attack.

The plan offers lump sum benefit enabling the member's family to settle the loan liability in case of an unfortunate event

HDFC Life Cancer Care offers lump sum benefit on diagnosis of Cancer that helps to protect your income and savings from expenses

Most of monthly investment plans offer a lump sum benefit at the end of the policy period.

PNB MetLife Guaranteed Savings Plan is a guaranteed savings insurance plan that helps you fulfil your dreams by offering lump sum benefit on maturity along with guaranteed additions on cumulative premiums.

Not exact matches

Gelsinger won't share specifics on the packages offered to the workers who were let go, but a VMware spokesperson says that their severance included an undisclosed period of full pay and benefits, a lump sum payment based on years of employment, and outplacement services.

If you're under 55 when you leave your company, you'll be offered the option of taking your pension benefit as a lump - sum payment.

Unfortunately, many, if not most, companies that have a lump sum option offer only an either - or choice: take your entire pension benefit as a lump or lifetime payments.

Check whether your ex-employer is offering salary continuance or a lump sum payment, and whether you're still entitled to extended benefits or any kind of employment support.

Fixed annuities offer a standard death benefit of a lump sum payment or withdrawals under an income option of the full value of the contract at time of death.

This is because SIP offers some benefits that a lump sum investment doesn't.

While home equity loans give you all the flexibility and benefits of tapping into the value of your home when you need it, a home equity loan offers a lump - sum payment.

«As an alternative to the monthly annuity benefit these plans are required to offer... DB plans added lump sum distributions, often as a means of encouraging early retirement initiatives that became popular in the 1990s.

A firm offering a settlement advance charges interest to the beneficiary and may insist on a contract that assigns the lump - sum benefit to the lender as collateral.

Please let me know that monthly income advantage plan offered by Max Life in which after paying 12 annual premiums will get a monthly income for next 10 years & get a lump sum amount (equal approximate the premiums paid in 12 years in the beginning) plus approx. 14.5 times death benefit for the entire policy term i.e. 22 years.

Comprehensive Health Plans offer lump sum pay - outs when needed both fixed benefits as well as Hospi Cash benefit.

A critical illness rider offers a lump - sum benefit to cover healthcare and other costs if you have a critical illness (such as cancer, kidney failure, end - stage lung disease, or other life - threatening condition).

A long - term care rider offers a lump - sum benefit to help with costs if you develop severe cognitive impairment or are unable to perform 2 or more activities of daily living (ADL).

The research indicates that when DC plans offer distribution options alongside a one - time lump - sum benefit payment, a good number of retiring plan participants are interested in, and take advantage, of these options.

These policies offer cover against critical health care expenses such as critical illness, surgery and hospitalization etc. the benefits can be in the form of a lump sum on the diagnosis of any critical illness or fixed expenses on hospitalization.

If the settlement provides for the payment of a lump sum in an amount offered by the insurer and, with respect to a benefit under the Statutory Accident Benefits Schedule that is not a lump sum benefit, the settlement contains a restriction on the insured person's right to mediate, litigate, arbitrate, appeal or apply to vary an order as provided in section 280 to 284 of the Act, a statement of the insurer's estimate of the commuted value of the benefit and an explanation of hoe the insurer determined the commuted value.

Special provision is made for offers in personal injury claims that include future pecuniary loss with periodical payments versus lump sum implications (CPR 36.5), for claims for elusive provisional damages (CPR 36.6) and where there could be deduction of recoverable benefits (CPR 36.15).

Generally speaking, this is initially the most affordable life insurance you can buy that offers a lump sum death benefit paid to your beneficiary so long as you keep paying premiums and you pass away within the term.

SPUL offers permanent protection with the benefit of a one - time lump sum payment.

Level term life insurance offers a fixed premium and fixed lump sum death benefit.

While most lump - sum payout plans have a fixed Sum Assured benefit, some may offer higher or lower benefit depending on the time of death.

With the simple, accessible and affordable protection offered by the CoverMe Critical Illness insurance plan, you'll have the security of knowing that should you be diagnosed with one of the five covered illnesses or conditions, you'll qualify to receive a one - time, lump - sum benefit of $ 25,000, $ 50,000 or $ 75,000 — paid directly to you, to spend however you wish.

Note: Both of these policies offer a valuable rider called «critical illness benefit» — if you opt for this rider, the company will pay a lump sum if you are diagnosed with a specific critical illness.

HDFC Life Uday - This plan involves assured bonuses and additions with an additional; benefit of offering lump sum to the relatives of the plan - holder in case of their death.

Transamerica, an A + rated company founded in 1904, offers unique options, with a few of their term life products, such as Living Benefits for early access to death benefits in the case of terminal or chronic illness; Income Protection Options to allow customers to select from a combination of income stream and lump sum payouts for beneficiaries; no required medical exams for policy amounts below $ 250,000; and low, $ 25,000 minimum face amount requiBenefits for early access to death benefits in the case of terminal or chronic illness; Income Protection Options to allow customers to select from a combination of income stream and lump sum payouts for beneficiaries; no required medical exams for policy amounts below $ 250,000; and low, $ 25,000 minimum face amount requibenefits in the case of terminal or chronic illness; Income Protection Options to allow customers to select from a combination of income stream and lump sum payouts for beneficiaries; no required medical exams for policy amounts below $ 250,000; and low, $ 25,000 minimum face amount requirements.

Besides payment of a lump sum for 11 specific illnesses as cancer, kidney failure, heart attack, and stroke, the plan also offers benefits of daily cash upon hospitalisation.

In the event of insured's death, the insurer offers a lump - sum amount to the beneficiaries, which is called death benefit.

Also, in case of the death of the insured, the lump sum offered to the beneficiary as death benefit is not taxable under section 10 (10D).

Also, if you get diagnosed with a chronic disease like heart - attack, end - stage renal failure, cancer, stroke and major organ transplants, you will receive a lump sum amount from the insurer and can opt for a plan offering a partial as well as a complete death benefit.

Critical Illness Insurance policies give you the additional financial benefits and provide a lump sum amount to cover the costs incurred during treatment and care, recuperation aids and even offer funds in case you are not in a position to earn money due to your health problem.

The company's health insurance products consist of accidental injury insurance which provides benefits if insured is injured or dies from an accident; cancer insurance which assists in paying costs related to cancer treatment and recovery; critical illness insurance which offers lump - sum benefits upon the diagnosis of a critical illnesses, such as cancer, heart attack, stroke and kidney failure; heart / stroke insurance which pays indemnity benefits for a range of treatments, services and expenses in the event of a heart attack or stroke; hospital insurance which helps pay costs associated with hospital care, including emergency room visits; and Medicare supplement which protects against the expenses not paid by Medicare.

Cardiac Care is a fixed benefit plan that offers a Base Benefit under which you receive lump sum benefit for any of the covered condbenefit plan that offers a Base Benefit under which you receive lump sum benefit for any of the covered condBenefit under which you receive lump sum benefit for any of the covered condbenefit for any of the covered conditions.

This offers guaranteed benefits includes fixed addition that accrue every year with an additional lump sum at maturity.

Apart from offering guaranteed lump sum benefit on maturity, the plan also offers guaranteed income during the income term that increases every year.

Edelweiss Tokio Life - MyLife +: A non-participating, non-linked Term Insurance plan which offers the flexibility to choose the death benefit as a lump sum or monthly payout or a mixture of both.

The plans are offering good options of lump sum payment or monthly income as death benefits.

A non linked participating plan offering Non-Guaranteed Cash Bonuses, Guaranteed Survival Benefits, and a lump sum at the end of the Policy Term

Target Group For customers looking for a tax saving life insurance plan that offers flexibility of paying for a limited period and receive guaranteed regular money backs alongwith a guaranteed lump sum benefit.

An endowment plan returns a lump sum at the end of the policy term, whereas money - back policies offer benefits at regular intervals.

Apart from giving coverage for the major listed ailments, it offers lump - sum monetary benefits for surgeries as well.

The maturity benefits are offered in both lump sum and instalments.

Seek an insurer who offers you the liberty of choosing of either cashless reimbursement or, a benefit policy (You can choose to take lump sum amount and use it as per your convenience).

The life of the parent is covered in this policy and a lump sum benefit is offered to the survivor in the event of unfortunate death of the person.

Additionally, to save regularly for future, SBI Shubh Nivesh offers the choice to choose between a lump sum or as regular income to receive maturity benefits for a specific period based on personal needs.

Few companies asks same premium amount irrespective on the type of payout, but some companies may offer a lower annual premium when you opt for a lump sum benefit as compared to the staggered monthly payouts.