Sentences with phrase «on completion of»

Maturity Calculator for LIC Jeevan Umang Plan (Table No: 845) illustrates year-wise paid premium, risk cover amounts, yearly survival benefits (Pension) & maturity amount on completion of policy term.

It is a life insurance endowment plan which provides life cover during policy term and lump - sum maturity amount on completion of policy term.

Maturity benefit amount: (Applicable only for in - force policies): On completion of Policy Term, Fund Value will be paid.

on completion of policy term, Basic Sum Assured + Simple Reversionary Bonus + FAB will paid as maturity claim... and what about Pension

As per above policy details, the policy holder is require to pay premium for 30 years and once this premium paying term of 30 years completed, the policy holder starts receiving 2,00,000 (8 % of BSA) per year up to his 99 years of age and on completion of 100 years of age or completion of policy term maturity will be paid.

On completion of 12 years term, maturity will be Sum Assured + Loyalty Addition (LA) and in case of death during the policy term, 10 times single premium (excluding rider premium and GST) + Loyalty Addition (LA)(if any) will be death claim amount.

on completion of policy term, Basic Sum Assured + Simple Reversionary Bonus + FAB will paid as maturity claim.

Insurance21 Replied: 19-05-2017 08:19:57 Maturity will not occur on completion of premium paying term, maturity will happen at 100 year of age.

LIC Jeevan Utkarsh (Table No. 846) is a single premium with 12 years fixed maturity term On completion of 12 years term, maturity will be Sum Assured + Loyalty Addition (LA) and in case of death during the policy term, 10 times single premium (excluding rider premium and GST) + Loyalty Addition (LA)(if any) will b so if policyholde Key Features

On completion of Policy Tenure, Terminal Bonus is paid and the policy is terminated.

The amount allocated to the Discontinued Policy Fund, with accrued interest, will be paid out on the completion of the lock - in period.

The fund value corresponding to the «Discontinued Policy Fund» will be paid out on the completion of the lock - in period.

In case of additional rider, she will be paid Rs10 lakh on completion of survival period.

It is added for in - force policies on completion of specific durations.

Earn cumulative bonus as 5 % of CSI on completion of each completed policy year, subject to a maximum of 50 %.

Partial Withdrawal from top - up fund value is allowed on completion of first five policy years or on attaining 18 years, whichever is later, except complete surrender under the policy.

Get cumulative bonus as 5 % increase in CSI on completion of each claim - free policy year, to a maximum of 50 % of CSI.

Loyalty Additions equal to 1 % * (average fund value over the 1st day of the last 24 policy months) are payable on completion of specific durations, as applicable.

The remaining portion of sum assured plus bonuses accumulated, if any, is paid on completion of the term.

On completion of 10th policy year and on completion of 15th policy year thereafter, a Guaranteed Pension Booster is available, if at least five years» premiums have been paid.

Fund value as on the date of maturity is payable to the policyholder on the completion of the policy term.

The proceeds of the discontinued policy is payable only on the completion of 5 policy anniversaries.

Bharti AXA Life Super Series is a non par, Money back plan that provides a lump sum payout on completion of the premium payment term along with increasing guaranteed payouts until maturity and a lump sum payout at Maturity.

On completion of the policy term, a lump sum benefit of 104 % to 110 % of the basic sum assured is payable and this payout depends on age at entry.

The first survival benefit is payable at the end of the premium paying term and thereafter on completion of each year till the survival of life insured or till the policy anniversary before maturity, whichever is earlier.

It is the amount which the insurance company pays to the policy holder on the completion of the Policy Term, if the Life Insured has survived the entire duration of the Policy.

You have the option to withdraw from your IPA on completion of 5th policy year.

Guaranteed Additions are calculated at simple rate on completion of each policy year.

No Claim Bonus of 33.33 % on your base sum insured after every claim free policy year and on completion of 4 consecutive claim - free policy years, you can earn cumulative bonus equal to the base sum insured

Guaranteed Addition of 5 % / 10 % / 15 % is added to the fund value on completion of 10th / 15th / 20th policy year, respectively.

The loyalty benefit is payable on completion of the policy term.

The NJ learners permit will be validated and provided to the student on completion of the final lesson.

On the completion of the policy term, the life insured may choose to receive the commuted value of the Income Benefit as a lump sum or continue with the income benefit only.

In the form of maturity claim on completion of age 80 years or on expiry of term of 40 years from date of commencement of the policy whichever is later.

Step - up: Pay for a chosen Life Cover and on completion of policy term an amount up to 150 % of annual premiums paid by you is returned.

Also, the NJ learners permit will be validated and provided to the student on completion of the final lesson.

On completion of Policy Term / Premium Payment Term, you will get a Terminal Benefit and start getting guaranteed monthly income for 10 years

Classic: Pay for a chosen Life Cover and on completion of policy term an amount equal to 100 % of annual premiums paid by you is returned.

In case of death of the life assured after the date of surrender but before the completion of 3 years from the date of commencement of policy the monetary value payable on completion of 3 years shall be payable to the nominee / legal heir immediately on death.

On completion of the entire Policy Tenure of 16 years, 150 % of the Annual Premium is paid as Guaranteed Terminal Benefit and on completion of the entire Policy Tenure of 21 years, 200 % of the Annual Premium is paid as Guaranteed Terminal Benefit.

Exide Life Smart Term Plan is a unique plan that not only offers a comprehensive life cover but also returns the premiums paid by you on completion of policy term.

On completion of the policy term you will get a guaranteed payout along with applicable bonuses as the Maturity Benefit.

20 % of the basic sum assured is payable on each of coinciding with or on completion of 18, 20 & 22 years of age.

Partial Withdrawal is available on completion of the first 5 policy years, or on attaining 18 years whichever is later.

Scenario A: Raman Survives the Policy Term If Mr. Raman survives till the maturity of the policy term, he receives Rs 20,000 is payable on each of coinciding with or on completion of 18, 20 & 22 years of age, as the survival benefit.

Ask your insurance carrier if it provides an insurance reduction based on completion of this course.

On completion of this course, you are eligible for discounts.

Maturity Benefit: On completion of policy tenure, policy holder will get the remaining money after money back as survival benefit.

On completion of 1 full year of premium payment, an early termination value of 10 % x premiums paid till date + 10 % x Guaranteed Additions Attached is paid to the policyholder.

A unique plan that offers you comprehensive protection options and returns the premiums paid by you on completion of the policy term.