Sentences with phrase «paid upon maturity»

There is no benefit paid upon maturity as it is a pure death risk plan.
The bonus amount is paid upon maturity or death of the policyholder.
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
The principal of the bond — its par value, commonly $ 1,000 per bond — is paid upon maturity along with the final coupon payment.
However, they are sold at a discount to face value with the full face amount being paid upon maturity.
Whoever is long, the floor is paid upon maturity of the floorlets if the reference rate is below the floor's strike price.
To raise $ 2 million, CSI sold a series of $ 10,000 bonds to investors paying 4 % interest for five years, with interest calculated semi-annually and principal and interest paid upon maturity.

Not exact matches

Depending upon your chosen maturity date, CDs may pay higher interest than money market deposit accounts.
The issuing company promises to pay a fixed rate of interest («coupon») for a fixed period at regular intervals until maturity, upon which it will repay the original loan or capital back to you, the investors.
The government promises to pay a fixed rate of interest («coupon») for a fixed period at regular intervals until maturity, upon which it will repay the original loan or capital back to you, the investors.
The bonds return the principal amount upon maturity and in the meantime pay regular interest, often semi-annually.
Zero - coupon bonds are purchased at a substantial discount and pay their face value upon maturity.
All interest earned on Fidor Savings Bonds is automatically paid out in Gross upon maturity and is
All interest earned on Fidor Savings Bonds is automatically paid out in Gross upon maturity and is compounded.
When you pay monthly or annual premium into an endowment policy, part of that payment is used to buy life insurance, while the rest is pooled in an investment fund that goes towards your endowment payout upon maturity.
The Company's insured credit derivative policies are structured to prevent large one - time claims upon an event of default and to allow for payments over time (i.e. «pay as you go» basis) or at final maturity.
Our insured credit derivative policies are structured to prevent large one - time claims upon an event of default and to allow for payments over time (i.e. «pay as you go» basis) or at final maturity.
A zero coupon bond pays all interest upon maturity, so its duration is the same as its time to maturity.
In such event, upon maturity, the account will be converted to a variable rate retirement savings account and will receive earnings at the interest rate then paid on variable rate retirement savings accounts.
In such event, upon maturity, the account will be converted to a variable rate savings account and receive earnings at the interest rate then paid on variable rate savings accounts.
These sheets calculate the (annual) figures for: • Accrued interest that needs to be returned to the seller after settlement • Net bond basis • Original discount or premium • Annual (pro-rated) amortization of bond premium using both Constant Yield and Straight Line amortization, as required by the IRS • End - of - year basis • Annual coupons • Estimates of taxes due on coupons • Estimates of differences in taxes paid vs. not amortizing premiums • Capital loss or gain upon sale before maturity
By definition, the paid up value of a life insurance policy is the value an owner receives from the insurer upon default or surrender or early termination of the policy before its maturity or the insured's death.
Borrower and the Principal (s) must, jointly and severally, absolutely and unconditionally covenant and agree to pay, indemnify and hold Lender harmless against any and all damage, loss, liability, costs and expenses which Lender may suffer or to which Lender may become subject, plus interest thereon at the After - Maturity Rate, which arise out of or are based upon:
This fund grows till the remaining time to maturity upon which the applicable fund value is paid to the nominee.
In this scenario, if the proposer dies during the tenure of the policy, there is no need to pay further premiums and the child will get all the benefits upon maturity of the policy.
Here it is important to remember in endowment policies, you get the sum assured upon maturity, whereas in term plans no maturity benefit is paid out.
The reserve or cash value is then paid to the owner of the policy upon maturity.
The policy pays a guaranteed * amount of 40 % of the Base Sum Assured plus accrued bonuses upon maturity.
Upon maturity or claim on the policy, the proceeds are paid to the creditor.
Graded policies provide limited coverage for the first few years, with each subsequent year providing increased coverage until the policy reaches maturity, at which point it will pay out 100 percent of death benefits upon the policyholder's death.
Sum assured is a fixed amount that the insurer agrees to pay upon happening of the contingency (i.e. either death or maturity) as mentioned in the policy document.
The amount of guaranteed maturity sum depends upon the sum of premium paid and the age of the insured.
firstly sum assured upon maturity, secondly the survival benifits @ 5.5 % of the sum assured till the time you are alive, and third and last upon your death Sum assured + Loyalty additions paid to your nominee.
Regular plans additionally as TROP plans provide the maximum amount as one hundred and fifth come on premiums paid as a profit upon maturity.
Maturity Benefit — Upon maturity of the plan (if the life insured survives the policy term), the life insured is pMaturity Benefit — Upon maturity of the plan (if the life insured survives the policy term), the life insured is pmaturity of the plan (if the life insured survives the policy term), the life insured is paid out:
The sum assured at maturity depends upon the monthly paid premium.
The benefits are paid out, to the policyholders or nominees, in the form of sum assured and vested bonuses, if any, upon death of maturity.
The premium to be paid for the plan depends upon two things: age of the insured and maturity sum assured.
Maturity Benefit - Upon maturity, the insured party is paid immediate fund value based on the amount insured and the bonuses aMaturity Benefit - Upon maturity, the insured party is paid immediate fund value based on the amount insured and the bonuses amaturity, the insured party is paid immediate fund value based on the amount insured and the bonuses acquired.
It is a financial product that pays you or your dependants a sum of money either at maturity or upon your untimely death.
The bonus is paid upon claim raised due to death or maturity.
Upon survival of the policyholder, maturity benefit along with final bonuses are paid to the policyholder.
It is paid along with the Sum Assured upon maturity or death, whichever occurs earlier.
Guaranteed Lump Sum Benefit (GLB) is a survival benefit payable only upon the survival of the life insured at the end of the Premium Paying Term and at the end of policy year when Life Insured attains age 75 and is equal to Sum Assured on Maturity.
Term Mortgage - A non-amortizing mortgage under which the principal is paid in its entirety upon the maturity date.
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