Sentences with phrase «on maturity date»
A cash value policy payable to the policyholder on the maturity date — if they are living — or to a beneficiary at the time of the insured's death.
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Premiums are paid in these plans and on maturity date of these plans a maturity sum is obtained.
Maturity Benefit is: The fund value as on maturity date or as per guaranteed NAV will be provided to you.
The policyholder will receive the Survival Benefit as Money Backs on each due date and the Maturity Benefit on the maturity date.
In this paln on death your daughterwill get 10 % of SUM ASSURED payable on every year policy anniversary after death and on maturity date again 110 % SUM ASSURED + BONUS + FAB.
In this paln on death your family will get 10 % of SUM ASSURED payable on every year policy anniversary after death and on maturity date again 110 % SUM ASSURED + BONUS + FAB
On survival of the life insured till the end of the policy term, the Total Fund Value (including top - up fund value) is payable on the maturity date.
Fund Value = Summation of [Accumulated Units in Fund (s) * NAV of respective Fund (s) as on the Maturity Date]
Scenario A - Maturity Benefit: In case of his survival till maturity of the policy, the Total Fund Value (including top - up fund value) is payable on the maturity date.
On the maturity date, you will get the Base Sum Assured plus accrued Simple Reversionary Bonus plus Terminal Bonus, if any.
Option 2 - Endowment Option: 125 % of Sum Assured is payable on maturity date of the policy.
Scenario A: Karan Survives the Policy Term 40 % of Sum Assured is payable on maturity date of the policy plus guaranteed payouts during the last 5 years before the maturity are also payable.
Option 1 - Money Back Option: 40 % of Sum Assured is payable on maturity date of the policy.
Scenario A - Maturity Benefit: In case of his survival till maturity of the policy, the Total Fund Value is payable on the maturity date.
On survival of the life insured till the end of the policy term, the Total Fund Value is payable on the maturity date.
On survival of the life insured till the end of the policy term, the Policy Fund Value is payable on the maturity date.
Scenario A - Maturity Benefit: In case of his survival till maturity of the policy, the Policy Account Value including terminal bonus interest rate as calculated on the maturity date and it is payable as a lump sum.
On survival of the life insured till the end of the policy term, the Policy Account Value including terminal bonus interest rate as calculated on the maturity date and it is payable as a lump sum.
The plan functions by investing the premium you pay in order to give you the sum assured on the maturity date you've selected.
Maturity Benefit is the The Total Fund Value (including top - up fund value) is payable on the maturity date.
On Maturity Date, «Sum Assured on Maturity» will be paid to the Policyholder, subject to the policy being in force.
On survival of the life insured till the end of the policy term, the higher of fund value or Assured maturity benefit (101 % * «Total Premiums» paid till date) less the Total Partial Withdrawals made till date (if any) is payable on the maturity date.
On maturity date, the Policyholder will receive the benefits on maturity depending on the plan chosen, and the life cover terminates.
On survival of the life insured till the end of the policy term, the Fund Value as on the maturity date is payable.
On survival of the life assured till end of the policy term, Fund Value as applicable on the maturity date is payable.
Scenario A - Maturity Benefit On survival of Sameer till the end of the policy term, the Fund Value as on the maturity date is payable.
Scenario A - Maturity Benefit: In case of his survival till maturity of the policy, the Total Fund value (including the Top - Up Fund Value) is payable on the maturity date.
A type of Life insurance wherein the sum assured is payable to the policyholder if living, on the maturity date stated in the policy, or to a beneficiary if the insured dies prior to that date.
- Maturity Benefit for a RPU Policy: RPU Guaranteed Sum Assured at Maturity shall be payable on the maturity date.
On maturity date, Yuvraj will receive Rs. 7,80,374 (the single premium fund value) on maturity.
The Sum Assured chosen by him is Rs. 3,00,000 for which he is paying a premium of Rs. 16,136 p.a.. On maturity date, Nitin will receive the following Maturity Benefit: In case of unfortunate death of Nitin at the end of the 10th policy, the nominee will receive trhe Death Benefit as given below: 1) Death Benefit payable immediately 2) Death Benefit payable Income Benefit: Rs. 2,500 will be paid every month for 120 months.
Maturity benefit is specified in the terms and conditions of the particular policy type and the same is payable at the end of the term on the Maturity date of the policy, if the Life Assured survives the policy term.
He will also receive Rs 5,50,000 on maturity date.
In case of survival to the end of policy term a lumpsum payout (fund value existing on the maturity date) is paid
On survival of the life insured till the end of the policy term, Total Fund value (including the Top - Up Fund Value) is payable on the maturity date.
Maturity benefit is specified in the terms and conditions of particular policy type and the same is payable at the end of the tem on the Maturity date of the policy if the Life Assured survives the policy term.
On survival of the life assured till end of the policy term, Total fund value as on the maturity date is payable.
In case policyholder survives the policy period, they will receive the fund value existing on the maturity date.
Maturity Benefit: If the policyholder survives the policy term, then at the time of maturity he shall receive fund value on maturity date as the maturity benefit
Dear Seekanth Reddy, my relation joined a policy jeevan rakshak plan at that age is 33 years, male (year 2015) sum assured is 2 lac term 15 year premium.3857 (with tax) Half Yearly (3 half yearly installments completed) and agent said that i gain 2lacs rs on maturity date Recently that person died in september with the reason heart attack, so this is early claim, my relation already submitted all early claims to lic office.
He will also receive 110 % of Sum Assured which is Rs 5,50,000 on maturity date
If you have paid all due premiums under your policy, you will receive the Survival Benefit as Money Backs on each due date and the Maturity Benefit on the maturity date.
On the maturity date, if all premiums are paid, the Maturity Value under your policy, as mentioned in the below table, will be paid and the policy will terminate.
On the maturity date 115 % of the sum assured chosen will be paid as maturity benefit, provided all due premiums have been paid.
On the maturity date, if all premiums are paid, the Sum Assured plus vested bonus and terminal bonus, if any, under your policy, will be paid and the policy will terminate
If the policyholder survives until the policy matures, he or she receives a Maturity Benefit, which is the Fund Value as on maturity date plus Loyalty Additions.
A cash value policy payable to the policyholder on the maturity date, if living, or to a beneficiary at the time of the insured's death.
Under Bajaj Allianz Fortune Gain, the maturity benefit will be the single premium fund value plus top up premium fund value, if any, both as on the maturity date, provided the policy is in - force.
You will receive the Sum Assured chosen by you and the accumulated Guaranteed Additions as maturity benefit on the maturity date, provided all due premiums have been paid.
On the maturity date, you will receive the Regular Premium Fund Value plus Top up Premium Fund Value.