Not exact matches
Maturity Benefit: You can receive up to 120 % of the premiums * paid
till end of the Policy Term, provided policy is in force (depending on the
Maturity benefit
Option chosen) as your
Maturity benefit.
Bonds and stocks don't always move in opposite direction; often they behave similarly, especially if you are buying bond funds and not individual bonds where you have an
option of waiting
till maturity and ignoring bond market fluctuations.
According to a BMO Wealth Institute report titled Mind your taxes in retirement, those lacking corporate pensions can create eligible pension income by beginning to convert a registered plan to its
maturity option at age 65 rather than waiting
till 71.
Loyalty Additions: Get Loyalty Additions every year from end of 6th policy year
till maturity for both premier and online
options, provided your policy is in force and all due premiums
till date have been paid.
Get Loyalty Additions every year from end of 6th policy year
till maturity for both premier and online
options, provided your policy is in force and all due premiums
till date have been paid.
There is an
option of adding the Income Benefit Rider wherein, in case of death of the insured, 10 % of the rider Sum Assured will be paid to the beneficiary every year post death
till the
maturity of the plan in addition to the death benefit payable as above.
The plan has return of premium
option on
maturity so that the policyholder does not lose the premiums paid on survival
till maturity.
Under the Classic Waiver
option, the death benefit will be higher of the Sum Assured on
Maturity or 10 / 7 times the annual premium depending on the age of the policyholder or 105 % of all premiums paid
till the date of death.
Maturity Benefit if life assured survives
till the end of policy term (Available only with
option 3 and 4)
The policy will continue
till maturity as a fully paid - up policy and on maturity, Arnav will receive the Cash Installments as Maturity Benefit as per Cash Installment option
maturity as a fully paid - up policy and on
maturity, Arnav will receive the Cash Installments as Maturity Benefit as per Cash Installment option
maturity, Arnav will receive the Cash Installments as
Maturity Benefit as per Cash Installment option
Maturity Benefit as per Cash Installment
option chosen.
Endowment with Whole Life: This will include benefit under endowment
option + Sum Assured on
Maturity payable on survival
till 100 years of age or death, whichever is earlier
Some insurers also provides an
option to cover new - born babies, from birth
till the end of policy tenure or
maturity.
Option 2 — After 26 years, when Krishna attains 61 years of age, 7.5 % of the guaranteed
maturity Sum Assured is paid every year
till plan completion.
Option 3 — in case of Mr. Sharma's death during the plan term, higher of the Sum Assured on
Maturity, 105 % of premiums paid
till death, 10 times the annual premium or absolute amount assured payable on death is paid to the nominee.
If the insured person reaches
maturity, then he / she has the
option to continue the same
till death without paying any additional premium and encashing the sum assured or bonuses.
Guaranteed Money Back
Option: If the policy is active and all premiums are paid
till the premium payment term ends, a percentage of the sum assured on
maturity will be paid at the end of year.
Let us understand the plan with the example of Mr. Ram Life Assured - Mr. Ram aged 35 years Plan Purchased - HDFC Life ProGrowth Plus (extra life
option) Policy Term - 30 years Annual Premium - Rs 30,000 Sum Assured - Rs 7,00,000 Scenario A -
Maturity Benefit: In case of his survival till maturity of the policy, the Total Fund Value as prevailing on the date of maturity is payable as a l
Maturity Benefit: In case of his survival
till maturity of the policy, the Total Fund Value as prevailing on the date of maturity is payable as a l
maturity of the policy, the Total Fund Value as prevailing on the date of
maturity is payable as a l
maturity is payable as a lump sum.
You have two flexible
options to receive the sum assured on
maturity:
Option A — In 5 Periodic Payouts: In this option, sum assured is paid in 5 installments spread over last 5 years till the policy maturity, as shown in the illustration
Option A — In 5 Periodic Payouts: In this
option, sum assured is paid in 5 installments spread over last 5 years till the policy maturity, as shown in the illustration
option, sum assured is paid in 5 installments spread over last 5 years
till the policy
maturity, as shown in the illustration below.
2)
Maturity Benefit: If the insured is surviving till maturity, insured would get benefits as per chosen options (one of th
Maturity Benefit: If the insured is surviving
till maturity, insured would get benefits as per chosen options (one of th
maturity, insured would get benefits as per chosen
options (one of the below)
If the policyholder survives
till maturity, i.e. after attaining 100 years of age, the
maturity benefit would be paid depending on the death benefit
option chosen.
Pure Income Benefit
Option: If the life insured survives during the benefit payout period (starts immediately after completion of the premium payment term
till maturity of the policy), he / she will receive Annual Guaranteed Income, Special Additional Bonus, & Simple Reversionary Bonus.
Maturity Benefit: You can receive up to 120 % of the premiums * paid
till end of the Policy Term, provided policy is in force (depending on the
Maturity benefit
Option chosen) as your
Maturity benefit.
Scenario A: Rohan Survives the Policy Term In case Rohan survives
till maturity of the policy term, with career payout
option, he will receive the following amount.
For
Option A, you will receive Guaranteed Annual Income (GAI) from the end of the 16th policy year and it is paid every year for 20 years
till death or
maturity, whichever is earlier.
Benefit payable under Endowment
Option + Sum Assured on
Maturity payable on survival
till age 100 years or death whichever is earlier.
Maturity benefit amount: Benefit payable under Endowment
Option + Sum Assured on
Maturity payable on survival
till age 100 years or death whichever is earlier.