Sentences with phrase «paid till end of the policy term»

Maturity Benefit: You can receive up to 120 % of the premiums * paid till end of the Policy Term, provided policy is in force (depending on the Maturity benefit Option chosen) as your Maturity benefit.

Maturity Benefit: You will receive the Sum Assured on Maturity which would be equal to 100 % of the premiums paid till end of the policy term subject to the policy being in force.

Maturity Benefit: You can receive up to 120 % of the premiums * paid till end of the Policy Term, provided policy is in force (depending on the Maturity benefit Option chosen) as your Maturity benefit.

Not exact matches

and Sum Assured on Maturity as Maturity benefit at the end of the Policy term in case the Life Insured survives till that period and all premiums have been duly paid.

Since the plan also ensures that if he were to survive till the end of the policy term, he will receive all the premiums that he has paid over the entire term thus ensuring that he receives commensurate benefits for the premiums he invests whether it is in the form of the Death Benefit or Maturity Benefit.

A percentage of the Sum Assured on Maturity will be paid during the Maturity pay - out period starting from the end of the Policy Term till the end of the 19th year.

Survival Payout *: On Survival of the Life Assured till the end of the premium payment term, Survival Payouts are paid as a percentage of ONE Annual Premium which increases every year at 10 % of annual premium from the end of the premium payment term till one year before the end of the policy term.

At the end of the Policy Term which also is 12 years, he receives the entire premium that he has paid till the end of the Premium Payment Term.

PNB MetLife Income Protection Plan provides dual benefits of financial protection and guaranteed saving upto 150 % of premium paid on survival till the end of policy term.»

Maturity Benefit — if the insured survives till the end of the policy term then he shall receive Accrued Bonus — Non Guaranteed Survival benefits already paid.

Generally it pays back the premium on survival till end of policy term.

It will also begin periodic annual pay - outs to the tune of 10 % or so of the sum assured till the end of the policy term.

If the insured is diagnosed with carcinoma in situ and provided that the policy is still in effect and premiums paid up to date, all future premium payments will be waived till the end of the policy term.

If joint life plan, on death of the first policyholder, the sum assured is paid out but the plan remains in force till the death of the second life or till the end of the policy term, whichever is earlier Additional sum assured is paid if the second life also dies prior to maturity

A Guaranteed Cash Back payable @ 3 % of the Sum Assured is paid every year after the end of the Premium Paying Term and till the policy mature, i.e. the policyholder turns 99 years of age

The Guaranteed Base Income (GBI) is paid every year after the completion of the premium paying term till the end of the policy term.

All the premiums paid (less applicable taxes) will be returned if the policyholder survives till the end of the policy term.

Option 3 — Anant survives till 5 years of age When the policy term ends and Anant is alive, no benefit is paid as it is a term plan.

GA equal to 7 % per annum of BSA will accrue at the end of each policy year till the premium payment term, subject to all due premiums are paid and the policy is in - force till that point in time.

In case the Life Assured survives till the end of the Policy Term, provided all due premiums have been paid, the Sum Assured plus accrued bonus and Terminal Bonus, (if any) will be payable.

■ The additional death benefit can be taken as lump sum or as 25 % of basic sum assured paid at the end of the each last four years and family income benefit as 1 % of the basic sum assured at the end of every month following the date of death till the end of the policy term but not less than 36 monthly payments.

Family Income Benefit (FIB)-- An amount equal to 10 % of the Sum Assured will be paid on each Policy anniversary following or coinciding with the Date of Death of the Life Insured till the end of the Policy Term, but not exceeding 10 such installmentsa

Further, 10 % of the Sum Assured is paid to the nominee, every year till the end of the Policy Term, as Income benefit.

Furthermore, Guaranteed Income is paid for minimum 3 years or till the policy anniversary immediately preceding the end of the term

Regular Pay: You can choose to pay premium till the end of the policy term annually or semi-anuaPay: You can choose to pay premium till the end of the policy term annually or semi-anuapay premium till the end of the policy term annually or semi-anually

At the end of your policy term, i.e., on the vesting date, the vesting benefit of your policy will be your total Fund Value subject to a Guaranteed Vesting Benefit of 101 % of the sum of all premiums and top - up premiums paid by you till the vesting date

It is paid in lump sum when the policy holder survives till the end of the policy term and has paid all the premiums.

The survival benefit payment is paid at the end of the premium paying term and on successful completion of every subsequent year till the policyholder survives or policy anniversary prior to the date of maturity.

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.

Life Cover with inbuilt Waiver of Future Premiums payable on Accidental Total and Permanent Disability: If the policyholder suffers from an accidental total permanent disability, all the future premium till the end of policy term or death of policyholder, whichever is earlier, shall be waived and paid by the company itself.

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 life assured during the policy term, company pays chosen monthly benefit, increasing at 5 % every policy year to the nominee till the end of policy term or 5 years, whichever is later.

At the end of the premium paying term, in the example above, the LIC will start paying you 8 % of Rs 1 lakh or Rs 8000 every year till the policy matures.

Return of Premium Option: If the policyholder survives till the end of the policy term, he will receive the total premiums paid under this plan option.In case of life assured's death or being diagnosed with any of the Terminal Illness during the Policy Term a Lumpsum benefit will be paid to the nopolicy term, he will receive the total premiums paid under this plan option.In case of life assured's death or being diagnosed with any of the Terminal Illness during the Policy Term a Lumpsum benefit will be paid to the nomiterm, he will receive the total premiums paid under this plan option.In case of life assured's death or being diagnosed with any of the Terminal Illness during the Policy Term a Lumpsum benefit will be paid to the noPolicy Term a Lumpsum benefit will be paid to the nomiTerm a Lumpsum benefit will be paid to the nominee.

On survival till the end of policy term, maturity benefits will be paid.

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

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

Chosen «Monthly Benefit» will be paid monthly in arrear increasing at 5 % every policy year to the nominee till the end of the term OR 5 years, whichever is later on death of life assured, payable when the unfortunate event of death of life assured has been confirmed.

On survival of the Life Assured till the end of the Policy Term, provided the policy is In - force, Guaranteed Maturity Benefit which is equal to the Basic Sum Assured will bePolicy Term, provided the policy is In - force, Guaranteed Maturity Benefit which is equal to the Basic Sum Assured will bepolicy is In - force, Guaranteed Maturity Benefit which is equal to the Basic Sum Assured will be paid.

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.

In case of survival till end of the policy term, the remaining sum assured is paid as the Maturity Benefit.

For policies where the outstanding policy term is less than 48 months, sequence of monthly income payouts will endure to be paid even after the end of the policy, till the 48th installment.

In case the life insured survives till end of the policy term, he / she is entitled to receive all the premiums paid excluding taxes, rider premiums, and additional premiums, if any.

In case if Terminal Illness benefit is paid and the Life Assured survives till the end of Policy Term, all premiums paid (exclusive of service tax, rider premiums, and extra premium charged if any) will be returned back.

If chosen the single pay option, the additional units @ 0.35 % of units in each of the funds under the Single Premium Account is credited to the respective funds, payable every policy anniversary, starting from the 6th policy anniversary, till the end of the policy term.

In case your Policy has become Paid Up, the sum of all premiums paid (exclusive of service tax and rider premiums and extra premium if any) will be returned on survival till the end of the Policy TPaid Up, the sum of all premiums paid (exclusive of service tax and rider premiums and extra premium if any) will be returned on survival till the end of the Policy Tpaid (exclusive of service tax and rider premiums and extra premium if any) will be returned on survival till the end of the Policy Term.

110 % of the total premiums paid is returned back, in case of survival of the insured till the end of the policy term.

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).

Monthly Income Payout starts from the next Policy Anniversary till the end of the Premium Paying Term for Regular Benefit

The plan provides for annual survival benefits from the end of the premium paying term till age 99 and a lump - sum payment at the time of maturity or on death of the policyholder during the policy term.