Sentences with phrase «paid simple reversionary bonus»

With the insured surviving to the end of the policy term, he would be paid 40 % of the Basic Sum Assured besides being paid simple reversionary bonuses and additional final bonus.

Not exact matches

Non-Guaranteed Annual Simple Reversionary Bonus gets accrued to the policy at the end of each year provided all due premiums are paid.

A non-guaranteed simple annual reversionary bonus gets accrued to the Policy from the end of 1st Policy year and will get paid out on Maturity or on death.

Simple reversionary bonus and terminal bonuses (if any) are paid out along with maturity benefit as well as death benefit.

Under this LIC child plan, in case of death post the deferment period, the Sum Assured on death which is higher of 125 % of the chosen Sum Assured or 10 times the annual premium, vested simple reversionary bonuses and a Final Additional Bonus, if any, is paid subject to a minimum of 105 % of all premiums paid till the date of death

Under this LIC child plan, in case of death post the deferment period, the Sum Assured on death which is higher of the chosen Sum Assured or 10 times the annual premium, vested simple reversionary bonuses and a Final Additional Bonus, if any, is paid, subject to a minimum of 105 % of all premiums paid till the date of death

Under the Endowment Option, 125 % of Sum Assured and accrued simple reversionary bonuses with any Terminal Bonus is paid on maturity

In case the insured dies after the completion of first 5 years of the policy, the nominee of the policy receives the basic sum assured + accrued guarantee addition + simple reversionary bonus + final reversionary bonus (if any), which can be paid as a lump - sum or as an annuity, or as a combination of two.

On maturity, the accrued simple reversionary bonuses and any Terminal Bonus is paid.

On maturity, the accrued simple reversionary bonuses and any Terminal Bonus is paid to the policyholder

On death of the policyholder, higher of the basic SA on Maturity including Simple reversionary bonuses and Terminal Bonus, if any, or 11 times the annual premiums subject to a minimum of 105 % of premiums paid is payable

On maturation, the policy pays a guaranteed amount of 40 % of Base Sum Assured plus accrued Simple Reversionary Bonus and Terminal Bonus if applicable.

Guaranteed Smart Benefits are paid for 4 years @ 25 % of the Basic Sum Assured and 25 % of the vested Simple Reversionary Bonuses after the child attains 18 years and till he reaches 21 years

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 policy year.

GSV = GSV Factor * cumulative annual premiums paid including the GSV of Simple Annual Reversionary bonuses

At the end of the tenure, the nominee is paid out terminal bonus and simple reversionary bonus.

Maturity Benefit is paid if the person whose life is insured is alive when the policy matures, he or she receives 40 % of the Base Sum Assured plus accrued Simple Reversionary Bonus plus Terminal Bonus.

In the event of the unfortunate death of the Life Assured, the nominee shall receive Sum Assured on Death (as described below) plus the accrued Simple Reversionary Bonuses plus Terminal Bonus, if any, subject to 105 % of all premiums paid as on date of death and the Policy shall terminate.

Beneficiary gets Death Sum Assured plus Vested Simple Reversionary Bonus as on the date of death after deducting Reversionary Bonus already paid as a part of Income Benefit, along with interim bonus and terminal bonus, ifBonus as on the date of death after deducting Reversionary Bonus already paid as a part of Income Benefit, along with interim bonus and terminal bonus, ifBonus already paid as a part of Income Benefit, along with interim bonus and terminal bonus, ifbonus and terminal bonus, ifbonus, if any.

Bonuses — Any Simple Annual Reversionary Bonuses get accrued to your plan from the end of the first year of the policy and are eligible to be paid upon Maturity, Death or Accidental Total Permanent Disability

Bonuses — Non-guaranteed Annual Simple Reversionary Bonus can be declared by the company and accrued to the policy at the end of each year, if all premiums are paid.

Simple reversionary bonus and terminal bonuses (if any) are paid out along with maturity benefit as well as death benefits.

If Death occurred after 5 years, Basic Sum Assured, accrued Guaranteed Addition, Simple Reversionary, and final extra bonus if any is paid to nominee.

In case of sudden death during the policy premium paying term, his / her family or nominee will get «Sum assured on Death» + vested Simple Reversionary Bonuses + Final Additional Bonus, if any as Death benefits.

Therefore, the Final Additional Bonus and the Simple Reversionary Bonuses, if any, must be paid under the policy on the maturity due date regardless of the survival of the Assured Life.

On death, the nominee gets higher of the SA on death and vested Simple Reversionary Bonuses if any subject to a minimum of 105 % of all premiums paid till death

If the policy holder survives beyond the term of the policy, the maturity benefit is a sum assured on maturity with simple reversionary as well as additional bonus — all of which will be paid out to the policy holder.

Vested simple reversionary bonuses and any Guaranteed Terminal Additions are also paid along with the Sum Assured on death.

On Maturity, Sum Assured on maturity + Guaranteed Terminal Additions + Simple reversionary bonus is paid subject to a minimum of 101 % of all premiums paid

This policy provides Simple Reversionary Bonus and Terminal Bonus that are paid as part of the Maturity Benefit or Death Benefit.

Additionally, Simple Reversionary Bonus will also be paid, if any.

Provided all due premiums have been paid, the company will declare a Simple Reversionary Bonus, which is expressed as a percentage of the Sum Assured.

On maturity, the last installment of the GBI, Simple Reversionary bonuses, interim bonus and Terminal Bonus, if any, is paid to the insbonus and Terminal Bonus, if any, is paid to the insBonus, if any, is paid to the insured.

At the end of the maturity period the Simple reversionary bonus and the Final Additional Bonus (if applicable) is paibonus and the Final Additional Bonus (if applicable) is paiBonus (if applicable) is paid out

This policy provides Simple Reversionary Bonus and Terminal Bonus that are paid as part of the Maturity Benefit or the Death Benefit.

On death after the first five years, basic Sum Assured + accrued Guaranteed Additions + vested Simple Reversionary Bonuses and Final Additional Bonus, if any is paid either in lump sum or in annuity or partly in lump sum and partly in annuity.

The GSV depends on a percentage of the total Premiums paid and the rebated value of accrued Simple Reversionary Bonus.

On Maturity, 40 % of the base Sum Assured + vested simple reversionary bonuses + Final Additional Bonus, if any, are paid.

On Maturity, the Sum Assured with accrued Simple Reversionary Bonus and terminal bonus is paid in the form of annuity either immediately or it can be deferred to purchase a Single Premium Deferred Annuity Bonus and terminal bonus is paid in the form of annuity either immediately or it can be deferred to purchase a Single Premium Deferred Annuity bonus is paid in the form of annuity either immediately or it can be deferred to purchase a Single Premium Deferred Annuity plan.

As a with - profit endowment assurance plan the policy accumulate profit made by LIC through the final additional bonus and simple reversionary bonus and these add - on bonuses are paid out at the termination of the maturity period.

Basic Sum Assured + (Vested Simple Reversionary Bonuses + Terminal bonus (if any)-RRB- is paid after the completion of the endowment term, provided SBI Shubh Nivesh policy is still in force

On maturity, the Sum Assured on maturity along with the Guaranteed Terminal Additions and vested simple reversionary bonuses is paid subject to a minimum of 101 % of all premiums paid

On death after the risk cover has begun, the Sum Assured (SA) on death + vested simple reversionary bonuses + Final Additional Bonus, if any, is payable subject to a minimum of 105 % of all premiums paid till death.

Thereafter, Simple Reversionary Bonuses and Final Additional Bonus are paid from the 6th policy year depending on the profit experience of the company

Bonuses (Simple Reversionary Bonus and Terminal Bonus) are added to the policy at the end of every financial year provided all premiums have been paid.

Basic Sum Assured + (Vested Simple Reversionary Bonuses + Terminal bonus (if any)-RRB- is paid after completion of the endowment term, provided SBI Shubh Nivesh policy is still in force

If all the regular premiums for decided term are paid with no balance premium, the Death benefit is calculated by adding following amounts: Death Benefit = Sum Assured on death + Vested simple Reversionary Bonus + Final Additional Bonus.

If the policyholder has paid all the premiums that is the full amount and survives till the end term of the policy than the Maturity Benefit will be included in the Sum quoted on the maturity plus the vested Simple reversionary benefits and the Final Additional Bonus if any is there will be added.

After the policy matures, maturity amount which includes 40 % of sum assured + Accrued Bonuses (vested Simple Reversionary Bonuses) + Final Additional Bonus (FAB — if any) will be paid.

The paid - up value is equal to the paid - up sum assured including vested simple reversionary bonus with the terminal bonus if any.