Sentences with phrase «paid lump sum amount»

On diagnosis of a covered condition, you are paid a lump sum amount (% of chosen Sum Assured).

The group insurance policy paid a lump sum amount to the nominee of Ravi.

The beneficiary is paid the lump sum amount on the event of death of the policy holder.

Included with this benefit is a Recovery Benefit that pays a lump sum amount when the insured returns to work at least 30 hours per week immediately after a period when residual disability benefits were paid.

A potential investor may want to pay the lump sum amount in exchange for a policy.

With a mortgage, the lender pays the lump sum amount to the home seller, and payments are made back to that lender by the home buyer over the course of the loan term.

Here the policy holder can pay lump sum amount or premiums for certain years to get annuity in later years.

The plan will pay a lump sum amount to the insured person in case of a financial emergency, such as theft, pilferage or robbery.

But, a Personal Accident Cover pays lump sum amount in case of accidental death, permanent or partial disability of the insured.

These policies could be availed by people who find it difficult to pay a lump sum amount for endowment assurance policy or whole life policy.

If you have a traditional policy that pays a lump sum amount or have a guaranteed income plan that makes payments after every few years, then it's time you choose a plan that ensures your family and loved ones receive a monthly income to help them pay for the living expenses.

Accidental death and dismemberment (AD&D) insurance pays a lump sum amount in the event of death and dismemberment due to an accident.

Critical Illness Policy pays lump sum amount in a single transaction, incase of detection of any listed critical illness.

Life Insurance is an agreement between insurer and insured where insurer will pay a lump sum amount to the beneficiaries upon the death of the insured against the premium paid.

LIC Jeevan Akshay VI policy is basically a single premium immediate annuity scheme that you can buy easily by paying a lump sum amount.

This pension plan allows the policyholder to pay a lump sum amount for policy and select a payment amount to receive on monthly basis.

This is a unique critical illness plan that pays you a lump sum amount in case you are diagnosed with any of the 15 critical illnesses mentioned in the plan during the term of the policy.

You also have an option to pay a lump sum amount once as single premium and enjoy benefits for the full policy term.

Insurers generally pay the claim in tranches where they pay a lump sum amount initially and later cover the remaining bill.

With lifelong renewability, this policy pays the lump sum amount on first diagnosis of any of the critical illnesses which are covered.

Under Immediate Annuity, the policyholder pays a lump sum amount and payouts start immediately without waiting for a certain period.

A guaranteed plan that first gives you regular, increasing and tax free income for 20 years & then pays you a lump sum amount twice in the policy.

In case of the unfortunate event of demise of the policyholder, the insurer pays a lump sum amount, which is pre-decided and known as sum insured, to the family of the policyholder.

Immediate annuity plan = In immediate annuity plan, if you are above 30 years, you can pay a lump sum amount and then start earning annuity benefits immediately after retirement.

Pay a lump sum amount and receive the annuity at your discretion.

An endowment is a form of life insurance in which the insurer promises to pay the lump sum amount at the time of maturity.

The plan also provides comprehensive protection by paying a lump sum amount on death of the insured and the policy continues to be in force and benefits are paid as scheduled.

An absolutely immediate plan that allows paying the lump sum amount as an initial deposit, it guarantees the payout as soon as the policy comes into effect.

After a specific period of time - called «maturity» - they are designed to pay a lump sum amount.

Religare Assure Plan is a critical illness benefit policy, which will pay a lump sum amount on the diagnosis of the covered illness of specified severity post the initial waiting & survival period.

The main feature of LIC's New plan — Jeevan Umang is it provides annual Survival Benefits from the end of the PPT (Premium Paying Term) till policy maturity and also pays lump sum amount at the time of maturity (or) on death of the policyholder (during the policy tenure).

Bajaj Allianz Critical Illness Plan is a critical illness benefit policy, which will pay a lump sum amount on the diagnosis of the covered illness of specified severity post the initial waiting & survival period.

An Insurance Contract promises to pay a Lump sum Amount or Sum Assured in return for the premium paid by the policyholder in the event of an unfortunate event.

Max Life Cancer Insurance Plan Max Life Cancer Insurance Plan is a plan that pays a lump sum amount to the insured in the event of he / she getting diagnosed with cancer.

On maturity, these plans pay a lump sum amount which can be used to pay your child's college fees or marriage expenses.

Future Generali critical illness plan is a critical illness benefit policy, which will pay a lump sum amount on the diagnosis of the covered illness of specified severity post the initial waiting & survival period.

Annuity is a type of plan where you pay a lump sum amount at once and reap its benefits after your retirement.

This policy pays a lump sum amount, in case of your survival at the maturity of the poli... Read more

A plain vanilla term plan that pays a lump sum amount on death is perhaps the best way to insure yourself.

You only need to pay a lump sum amount and receive income for the life.

To make it simple for you to understand, Term life insurance is a policy which requires you to pay regular premiums on the basis of which the company will pay a lump sum amount to your beneficiary on the account of your death.

You can start receiving annuity by paying a lump sum amount.

For example, a critical illness rider pays a lump sum amount in case of diagnosis of specified major illnesses.

A critical illness plan pays a lump sum amount to the policy holder if he / she is diagnosed with a critical illness.

A Critical Illness Insurance Plan pays a lump sum amount to the policy holder if she is diagnosed with a critical illness as specified under the plan.

an Immediate Annuity plan, which can be purchased by paying a lump sum amount.

Under immediate annuity plans, on the other hand, you pay a lump sum amount and annuity payments start immediately from the corpus you have invested.

With an annuity plan, you purchase an income stream for life (or for a fixed period) from an insurance company i.e. you pay a lump sum amount to the insurance company and the insurance company pays you monthly, quarterly or annual income for life.

A term plan pays a lump sum amount in this contingency and thus secures your family's finances.

Not exact matches

The business is fronted a lump sum and the financing company begins to collect a percentage of its daily credit card receipts until the full amount is paid off.