Sentences with phrase «paid till»

From the date of revival of the policy, your nominee or beneficiary shall be entitled to an amount which is higher of 80 % of the premiums paid till the date of death or the surrender value as available on the date of death.

In case the insured dies post deferment period, the sum assured that is the higher of chosen sum assured or 10 times the annual premium, vested simple reversionary bonuses and final addition bonus, if any shall be paid, subject to a minimum of 105 % of all premiums paid till the date of death

In case of accidental death if the accidental death benefit is taken, an additional benefit is payable which is equal to the basic Sum Assured subject to a maximum of Rs. 2 crores and 30 % of the premiums paid till death.

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.

Death Benefits: If the policyholder dies before the end of policy term, the nominee shall be paid the higher of the sum assured (minus partial withdrawals, if any) or the total fund value or 105 % of the total premiums paid till the date of the death

In case you survive till policy tenure end, then you will get all premium paid till date.

But, the nominees will be given a sum equal to 80 % of the premiums paid till the death of the policyholder.

Death Benefit: If the policyholder dies before the end of the policy term, the nominee shall be paid higher of the fund value or sum assured (minus partial withdrawals, if any) or the minimum death benefit that is 105 % of the total premium paid till the date of the death

If after the plan renewal the policyholder dies then higher of eighty percent premiums paid till the date of death of the holder or the acquired surrender value will be paid.

It will not be less than 105 % of all those premiums paid till the date of death of the policyholder.

In case the insured dies, higher the sum assured or 11 times the annual premium is paid including the guaranteed additions subject to a minimum of 105 % of all premiums paid till the date of the death

Death Benefit: The policy covers the insured till 100 or 85 years of age and in case the insured dies within policy term, the nominee shall be eligible for a sum assured payable on death that is higher of sum assured on maturity or 11 times annualized premium or 105 % of all premiums paid till the date of death

In cases of «Money Back Policies», these documents are not asked for; provided the premiums under the policy are paid till the date of the anniversary.

Option 1 — If Ranu dies during the term, higher of the Fund Value or Sum Assured subject to a minimum of 105 % of premiums paid till death is paid to the nominee.

Loyalty Additions: Based on the policy term chosen, loyalty additions will be paid in the form of extra allocation of units to your unit linked fund (s), provided all premiums are paid till date.

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.

It's a percentage of the total premiums which are paid till date.

Sample this: ICICI Prudential Life Insurance will pay 101 per cent of the premiums paid till date to an aggressive investor (75 per cent in equity), irrespective of the policy term.

105 % of all the premiums paid till the time of death, excluding any extra premiums (if any) of the individual member, or

One bought in 2006, 20 years term with premium of 7000pa, for which 10 years premium is paid till date.

The Sum Assured would always be higher than 10 times the annual premium or 105 % of all premiums paid till death Or the Sum Assured for the chosen option.

Death Benefit: In a situation where policyholder dies during the term of the plan, the nominee shall be paid the higher of sum assured or fund value or 105 % of all premiums paid till the date of the death

Sum Assured on Death, which is calculated as the higher of Sum Assured or the Guaranteed Maturity Benefit, subject to the guaranteed death benefit of 105 % of the total premiums paid till the date of death

Here the amount you have paid till 30 years will not get returned after your survive till the end of policy term.

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 the Fund Value including any top - up fund value 105 % of all premiums paid till the date of death is paid to the nominee.

On death during the policy term higher of 10 times the annual premium or 125 % of annual premiums paid till death or lumps sum amount payable on maturity

In case of death of the insured during the tenure of the plan, the death benefit payable will be higher of the Sum Assured which is the annual premium multiplied by the Sum Assured multiple or maturity Sum Assured or 105 % of premiums paid till death

On death of the policyholder, higher of the Sum Assured or 10 times the annual premium or 105 % of all premiums paid till death is paid to the nominee.

On completion of 1 full year of premium payment, an early termination value of 10 % x premiums paid till date + 10 % x Guaranteed Additions Attached is paid to the policyholder.

On death during the policy term, the nominee will get higher of the SA payable on death including bonuses or 105 % of all premiums paid till date of death

The Sum Assured on Death ^, subject to the guaranteed death benefit of 105 % of the total premiums1 paid till date of death, will be paid immediately and the policy will be converted to a fully paid - up policy.

The Guaranteed Surrender Value is a % of all premiums paid till surrender

Provided that the death benefit is at least 105 % of the total premiums paid till death If the life insured dies before reaching 60 years of age, the Sum Assured would be deducted for any partial withdrawals made during two years prior to death If the life insured dies after attaining 60 years, any partial withdrawals made after crossing 58 years of age would be deducted from the Sum Assured.

● If the policyholder commits suicide within 12 months of the revival plan, then the Corporation will only pay an amount higher than 80 % premium paid till date of death and survival value which will be excluded from any service taxes and extra premium paid till date.

If you commit suicide within one year from the revival date of the plan, if revived, only 80 % of the premiums paid till the date of death, will be payable as death benefit.

There are some circumstances when the policy will not be cleared: ● If the policyholder commits suicide within 12 months from the date of commencement of risk, then LIC will only pay the 80 % premium paid till date which will be excluded from extra premiums and also service taxes.

Survival Benefit of 110 % of sum assured paid till maturity.

10 times the annual premium, or 105 % of all premiums paid till the date of death, or Guaranteed sum assured on maturity, or Base Sum Assured

In that case, the surrender value will be a total of percentage value of premiums paid till date which will be excluded from any extra premiums paid and premium rider values (if there is any)-- survival benefits that are already due and still payable to the policyholder.

Death Benefits: If the insured dies before the maturity, then the nominee gets the sum assured on death subject to a minimum of 105 % of the total premium amounts paid till death + accrued Fixed Regular Additions

In case of death of the insured during the tenure of the plan, the Death Sum Assured which is higher of 10 or 7 times the annual premium depending on the age of the insured or the basic Sum Assured multiplied by the Guaranteed Maturity Factor is paid to the nominee subject to a minimum amount of 105 % of all premiums paid till the date of death.

If the insured commits suicide within first year of the plan, then his nominees shall be paid the higher of, the Surrender Value as on the date of death or 80 % of the premiums paid till death.

The company will refund the higher of 80 % of the premiums paid till the date of death and the Surrender Value, as Death Benefit.

Under regular or limited premium mode option, 10 times of the yearly premium or 105 % of the total premium paid till the time of the death of the insured person, is paid to the nominee of the policy.

And, if the insured commits suicide, within 1 year of plan renewal, then the higher of the Surrender Value and 80 % of the premiums paid till death shall be paid to the nominees of the insured.

This means, if you opt to discontinue your premium payment and would like to return the policy, your premium paid till that date will be reversed with pre-stated deductions.

On death of the policyholder, higher of the basic SA plus vested Bonuses including Terminal Bonus or 11 / 7 times the annual premiums or 105 % of premiums paid till death is payable

In the first case, the annuity will be paid till the policyholder dies.

On death, higher of the basic SA net of any partial withdrawals already made from the Fund Value or Fund Value or 105 % of the premiums paid till death is paid to the nominee

At the end of your policy period, you will get a maturity benefit, which will include all the premiums you have paid till date, plus revisionary bonus and terminal bonus.