Sentences with phrase «paid after the maturity»

Convert your policy into a paid up — You can also convert your policy into a paid up policy in which the sum insured decreases and is paid after the maturity of the policy term.

Not exact matches

The payment cycle is not necessarily aligned to the calendar year; it begins on the «Dated Date,» which is either on or soon after the bond's issue date, and ends on the bond's maturity date, when the final coupon and return of principal payment are paid.
If the loan is not repaid after maturity, no assets other than the home can be taken to pay off the reverse mortgage loan.
You start receiving guaranteed tax - free income after the completion of the Premium payment term, until Maturity, provided the policy is in force and all due Premiums have been paid.
Unlike individual debt securities, which typically pay principal at maturity, the principal invested in a defined maturity fund is not guaranteed at any time, including at or after the fund's target date.
The most important thing is to honour your obligations, whether you pay before or after you spend makes little difference, so long as you pay in full and prior to maturity, your rate / score will improve with time.
The maturity date of a bond is the date after which the entire principal amount that you paid while purchasing the bond, will be returned back to you.
Even corporate bonds only pay a 2.8 % yield after accounting for inflation and with no prospect for price appreciation if held to maturity.
These sheets calculate the (annual) figures for: • Accrued interest that needs to be returned to the seller after settlement • Net bond basis • Original discount or premium • Annual (pro-rated) amortization of bond premium using both Constant Yield and Straight Line amortization, as required by the IRS • End - of - year basis • Annual coupons • Estimates of taxes due on coupons • Estimates of differences in taxes paid vs. not amortizing premiums • Capital loss or gain upon sale before maturity
In other words, how much federally - tax yield you'd need to get on a municipal bond to end up with the same amount of money as you'd get on a taxable bond of the same maturity and credit quality (after paying the taxes due).
Need to pay 29837 for 20 years, will get a money back 75000 / - for every 5 years i.e for 4 times and 6L money back after maturity period.
(After all, how much lower can they go when some bonds pay «negative interest» — at maturity, buyers get back less than they paid!)
If he dies after the Premium Paying Term but before reaching 75 years of age, the Sum Assured on death which is higher of the Sum Assured on maturity or 11 times the annual premium is paid along with the accrued reversionary bonuses.
The maturity proceeds are paid at the end of the term or after the unfortunate event of the policyholder's death.
After that, when the policyholder attains 100 years of age, the Sum Assured on maturity and any Terminal Bonus is paid.
Borrower and the Principal (s) must, jointly and severally, absolutely and unconditionally covenant and agree to pay, indemnify and hold Lender harmless against any and all damage, loss, liability, costs and expenses which Lender may suffer or to which Lender may become subject, plus interest thereon at the After - Maturity Rate, which arise out of or are based upon:
On maturity of the plan, the Fund Value is paid to the policyholder which he can choose to take at once or in 5 instalments over a course of 5 years after maturity through Settlement Option
After the end of the Premium Paying Term, if the policyholder attains 75 years of age, the Sum Assured on maturity is paid again.
The coverage runs till the insured reaches 100 years of age even after the maturity benefit is already paid out.
After maturity a percentage of aggregate premiums paid is payable.
After the term of the plan is completed, Maturity Benefit is paid as 135 % of the annual premium every year for 5 years
Guaranteed benefit @ 7.5 % of the Sum Assured is paid every year, after maturity, till the policyholder attains 85 years of age.
After 6 years, 25 % of the Guaranteed Maturity Benefit and any Terminal Bonus are paid
50 % of the Guaranteed Maturity Benefit is paid one year after the maturity date and 55 % of the Guaranteed Maturity Benefit and any Terminal Bonus are paid 2 years after the maturiMaturity Benefit is paid one year after the maturity date and 55 % of the Guaranteed Maturity Benefit and any Terminal Bonus are paid 2 years after the maturimaturity date and 55 % of the Guaranteed Maturity Benefit and any Terminal Bonus are paid 2 years after the maturiMaturity Benefit and any Terminal Bonus are paid 2 years after the maturitymaturity date.
Under Option A, 40 % of the Sum Assured is paid on policy maturity, i.e. when the child attains 17 years of age, 30 % one year after the maturity when the child attains 18 years of age, 20 % after another year and 10 % of the Sum Assured after another year when the child completes 20 years of age
Thereafter, 12 % of the Guaranteed Maturity Benefit is paid after one year, 15 % after two years, 18 % after three years, 20 % after 4 years and 23 % after 5 years.
Maturity Benefit - If the policyholder survives the entire tenure of the policy, then a maturity benefit as the sum of the guaranteed maturity benefit + vested bonus + interim bonus is paid after the completion of the policyMaturity Benefit - If the policyholder survives the entire tenure of the policy, then a maturity benefit as the sum of the guaranteed maturity benefit + vested bonus + interim bonus is paid after the completion of the policymaturity benefit as the sum of the guaranteed maturity benefit + vested bonus + interim bonus is paid after the completion of the policymaturity benefit + vested bonus + interim bonus is paid after the completion of the policy tenure.
After death, all future premiums are waived off but the plan continues and the Maturity Benefit is paid on Maturity Benefit is paid on maturitymaturity
Maturity Benefit: in case the life insured survives the entire tenure of the policy then a basic sum assured amount along with the accrued bonus or simple reversionary bonus is paid to the insured as maturity benefit after the completion of whole poliMaturity Benefit: in case the life insured survives the entire tenure of the policy then a basic sum assured amount along with the accrued bonus or simple reversionary bonus is paid to the insured as maturity benefit after the completion of whole polimaturity benefit after the completion of whole policy year.
The endowment policy is a life insurance contract designed to pay a lump sum after a specific term (on its «maturity») or on death.
Maturity Benefit - If the insured person survives the whole tenure of the policy, then the maturity benefit, i.e. the total sum assured amount + reversionary bonus + final additional bonus is paid after the completion of the whole tenure of theMaturity Benefit - If the insured person survives the whole tenure of the policy, then the maturity benefit, i.e. the total sum assured amount + reversionary bonus + final additional bonus is paid after the completion of the whole tenure of thematurity benefit, i.e. the total sum assured amount + reversionary bonus + final additional bonus is paid after the completion of the whole tenure of the policy.
After the term ends, the balance is paid out as a maturity benefit.
An endowment policy is a life insurance contract designed to pay a lump sum after a specific term (on its «maturity») or on death.
It doesn't matter, because all the benefits of such policies are paid out to children after maturity.
After the premium payment term, at the end of every year till maturity, 10 % of the sum assured is paid to the customer as money back.
In case of survival of life assured during the policy term, Guaranteed Cash Backs as percentage of sum assured are paid after premium payment term till maturity, provided all due premiums have been paid.
We pick up a plan with the premium payment term of 10 years and policy term of 12 years i.e. you pay the premium for 10 years while the life cover is for 12 years and you get maturity benefits after 12 years.
I am paying 25000 per Annum for 20 years and I have completed 10 years and now still 10 years I have to pay at the end of my maturity payment how much I can get back and again after death how much I can get can u plz give me calculation
If the insured dies after 45 years of age, highest of — sum assured, 110 % of the single premium, minimum guaranteed sum assured is paid on maturity
LIC agent has approached me for new endowment plan for 16 years, sum assured Rs. 9,00,000, premium is Rs. 60,000 pa, maturity benefits is Rs. 21,24,187 after maturity if I opt for pension plan Rs. 16,197 pm till the death of policy holder at his death maturity benefit amount will be paid to nominee.
In this policy a regular premium have to pay up to selected years and after that you receive regular income till the maturity of policy
In case of survival of Life Assured during the Policy Term, Guaranteed * Cash Backs as percentage of Sum Assured are paid after premium payment term till maturity, provided all due premiums have been paid.
After all, the typical permanent insurance policy might stipulate that it will pay $ 1,000,000 as a death benefit if the insured passes away, or $ 1,000,000 as a maturity benefit if the insured lives to age 100.
The insurance agent promised me a higher amount while purchasing the policy & now I realize that the maturity amount after 16 years (2028) is only 1745000.00 which is much lesser that the amount promised.I went back to the insurance agent & he tells me that you can surrender the policy post paying all the 16 yearly premiums till 2028 & receiving the maturity amount of 1745000.00 & you will inturn get 5L to 6L as your surrender amount as Jeewan Anand gives you a Life Coverage Insurance of 10Lakhs which you are claimimg.
Unlike most insurance products which pay benefits only at the time of maturity of the plan, a money back insurance plan starts giving returns after a few years of investment.
The lump sum amount is paid as maturity benefit to the insured after the completion of policy tenure.
A regular annual payout called the Money Back benefit @ 5.5 % of the SA on Maturity is paid form one year after the completion of the PPT till maturity Maturity is paid form one year after the completion of the PPT till maturity maturity or death
Let's assume that the money back policy is of a 20 - year policy term and it starts paying survival benefits after 5 years and pays the same every 5 years, and the rest on maturity.
As a policyholder, you will receive 70 % of premium paid if your LIC single premium policy is surrendered within 1 year and 90 % of your single premium paid if surrendered any time after 1 year and before maturity
Post the payment of maturity benefit, the plan continues and on death of the policyholder after the end of the term and before turning 100, additional Sum Assured is paid without bonuses
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