Sentences with phrase «paid during the plan tenure»

This money - back is paid during the plan tenure and is a percentage of the Sum Assured.

These benefits are paid during the plan tenure and on maturity, the remaining Sum Assured is paid along with vested bonuses.

Guaranteed Loyalty Additions are paid during the plan tenure which increases the benefits paid under the plan.

Option 2 — if Mr. Sharma survives the plan term, the maturity benefit is paid which is the total premium is paid during the plan tenure, i.e. Rs. 5 lakhs.

Not exact matches

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In case of death of the insured during the tenure of the plan, the basic Sum Assured chosen at the time of buying the plan is paid subject to a minimum of 105 % of all premiums paid till the date of death.

Under another benefit called the Funding of Future Premiums, in case of death of the insured during the tenure of the plan, the company waives off the premiums and pays it towards the plan itself.

In case of death during the tenure of the plan, the Sum Assured on death is payable which will be higher of Sum Assured or 10 times the annualized premium with a minimum of 105 % of aggregate premiums paid till demise of the insured

If the insured dies during the tenure of the plan, the Guaranteed Death Benefit along with the accrued Paid - up Additions and any Terminal Bonus is paid to the nomPaid - up Additions and any Terminal Bonus is paid to the nompaid to the nominee

In case of death of the insured during the plan tenure, higher of the Sum Assured including top - up Sum Assured or 105 % of all premiums paid including top - up premiums paid is paid immediately on death of the insured.

In case of death during the tenure of the plan, the Sum Assured on death is payable which should be higher of Sum Assured or 10 times the annualized premium with a minimum of 105 % of aggregate premiums paid till death and vested bonuses

In case of death of the insured during the tenure of the plan, the death benefit payable will be higher of 10 times the annual premium or 105 % of all premiums paid till death or the Maturity Sum Assured.

Ambulance Costs: If during the tenure of the insurance plan, the insured person sustains any bodily injury which is life threatening then the company will pay the actual ambulance costs up to the total sum insured.

The plan offers a minimum return guarantee of 101 % of all premiums paid in addition to any bonus that are declared during the tenure of a policy.

Availed with the LIC online term plan, the rider promises double the amount of the Sum Assured paid to the nominee in case the policyholder dies during the chosen tenure of this LIC term plan.

In case of death during the tenure of the plan, the Sum Assured on death is payable which is higher of Sum Assured or 10 times of annualized premium to a minimum value of 105 % of aggregate premiums paid till death and vested bonuses with accrued Guaranteed Additions

In Hospital Surgery Benefit: If during the tenure of the insurance plan, the insured person is hospitalized as a result of bodily injury or Sickness and is charged for any surgical procedure, then the company will pay an amount equal to the costs of the surgical procedure or the amount as stated in the Benefits Table as a percentage of the Total Sum Insured whichever is lesser.

The policyholder may additionally choose the disability benefit option under which, in case of death or disability of the insured during the tenure of the plan, the aggregate of all future premiums is paid which can be availed immediately in lump sum or can be invested in the fund where it will attract market linked returns.

Under the second option, Option B, in case of death of the insured during the tenure of the plan, 30 % - 80 % of the Sum Assured can be availed by the policyholder as per his choice and 110 % of the balance amount is paid over a period of 5 years in monthly instalments.

The rider states that if the parent who is the policyholder and life insured under the plan dies during the tenure of the plan, all future premiums payable under the plan will be waived and paid for by the company.

In case of death of the insured during the tenure of the plan, the Death Benefit is paid which is higher of the Sum Assured or 10 times the annual premium paid or 105 % of total premiums paid till the date of death or the maturity Sum Assured

In case of death of the insured during the tenure of the plan, the death benefit will be payable which will be higher of the Sum Assured or 10/7 times the annual premium paid depending on the age of the policyholder or 105 % of all premiums paid till the date of death.

In case of death during the tenure of the plan, the Sum Assured on death is payable which will be higher of Sum Assured or 10 times the annualized premium with a minimum of 105 % of aggregate premiums paid till death and vested bonuses with accrued Guaranteed Additions

Under this Max Life term plan, in case of death during the chosen tenure, the death benefit is paid which is equal to the Sum Assured

In case of death of the insured during the plan tenure, the death benefit is higher of the basic Sum Assured net of partial withdrawals or the Fund Value including loyalty additions or 105 % of all premiums paid till the date of death

The Company under this plan, will pay the compensation only under any of the terms (1) to (4) with respect to owner - driver arising out of any one occurrence and the total liability of the company will be less than Rs 1 lakh during any one tenure of the insurance plan.

In case of death of the insured during the plan tenure, a death benefit which is higher of the minimum Sum Assured or 10 or 7 times the annual premium paid depending on the age of the policyholder is payable to the nominee subject to a minimum of 105 % of all premiums paid till the date of death

In case of death of the insured during the plan tenure, the death benefit is higher of the basic Sum Assured including top - up Sum Assured or the Fund Value including top - up fund value or 105 % of all premiums paid till the date of death

In case of death of the insured during the plan tenure, the death benefit payable is higher of the basic Sum Assured or the Fund Value subject to a minimum of 105 % of all premiums paid till the date of death

In case of death of the insured during the plan tenure, the death benefit is higher of the basic Sum Assured including top - up Sum Assured net of partial withdrawals or the Fund Value including top - up fund value or 105 % of all premiums paid till the date of death

In case of death of the insured during the tenure of the plan, higher of the available Sum Assured as on the date of death or 10 times the annual premium or 105 % of all premiums paid till death is payable to the nominee

In case of death of the insured during the tenure of the plan, higher of the Guaranteed Sum Assured on death or 10 or 7 times the annual premium depending on the age of the insured is paid along with the vested bonuses subject to a minimum of 105 % of all premiums paid till the date of death.

In case of death of the insured during the tenure of the plan, higher of the chosen Sum Assured or 10 times the annual premium is paid to the nominee subject to a minimum of 105 % of all premiums paid till the date of death.

Under Option B, in case of death of the insured during the tenure of the plan, the Sum Assured and an additional Accidental Death Benefit is paid to the nominee.

In case of death of the insured during the tenure of the plan, a benefit higher of 10 times the annual premium or base Sum Assured or minimum guaranteed Maturity Sum Assured or 105 % of all premiums paid till the date of death is payable along with the vested reversionary bonuses.

There is an inbuilt Payout Accelerator Benefit which pays 50 % of the Sum Assured immediately if the insured is diagnosed with a terminal illness during the tenure of the plan.

On death of the insured during the tenure of the plan, higher of the basic Sum Assured including any top - up Sum Assured or 105 % of all premiums paid till the date of death is paid immediately to the nominee.

Under Option A, in case of death of the insured during the tenure of the plan, the Sum Assured is paid to the nominee

If the chosen Benefit Payment Preference is Save - n - Gain under any of the plan option, in case of death or critical illness suffered by the insured during the tenure of the plan, the Sum Assured is paid to the beneficiary who is the child, all future premiums are waived off and 50 % of the premiums are paid by the company towards the plan and 50 % to the beneficiary on every premium due date and the plan continues.

A unit linked child insurance plan which provides market related returns while at the same time taking care of the child's future.Guaranteed Loyalty Additions are added to the fund @ 3 % of the average fund value in the preceding three years.The fund value is paid on maturity of the plan and in case of death of the insured during the tenure of the plan; the Sum Assured is paid immediately.

In case of death of the insured during the tenure of the plan, the Sum Assured is payable which should be a minimum of 125 % or 110 % of the single premium paid depending on the age of the policyholder.

In case of death of the insured during the tenure of the plan, the Sum Assured is payable to the nominee subject to a minimum of 105 % of all premiums paid till the date of death.

The first is the accumulation phase or investment phase, during which you pay regular insurance premiums & the money accumulates through the tenure of the plan.

However, if the insured dies during the plan tenure, the full Sum Assured is paid irrespective of the Survival Benefits already paid.

Yes, HDFC Life Critical Illness Plus Rider is available under the plan which covers 19 critical illnesses and pays an additional Sum Assured if the policyholder is diagnosed with any of the covered illnesses during the plan tenure.

A term plan pays a benefit only if the insured dies during the tenure of the policy.

Secondly, the plan offers an assured premium return, which means total premiums paid during the tenure of the policy are paid back to the policyholder.

On death of the insured during the tenure of the plan, higher of the basic Sum Assured including any top - up Sum Assured net of partial withdrawals or 105 % of all premiums paid till the date of death and the Fund Value including any top - up fund value is paid to the nominee.

Level Term Assurance — the chosen Sum Assured remains the same throughout the tenure of the SBI term insurance plan and on death of the life insured during the term, the Sum Assured is paid to the nominee

Increasing Term Assurance — an option under which the Sum Assured chosen at the time of inception of the SBI term insurance policy increases every year @ 5 % and on death of the insured during the SBI term insurance plan tenure, the Sum Assured as on the date of death is paid to the nominee