Sentences with phrase «payable after the completion»

The fund value is payable after completion of the fifth policy year, and then the policy is terminated.

After the policy is surrendered the total fund value is transferred to the discontinued policy fund and it is only payable after the completion of 5th years of policy term.

If your policy is discontinued any time during the first five policy years, discontinuance value will only be payable after completion of five policy years.

If your policy is discontinued any time during the first five policy years, discontinuance values displayed will only be payable after completion of five policy years.The past performance of any of the unit linked funds is not necessarily an indicative of the future performance of any of these funds.The mortality charges and rider premium rates are subject to underwriting of the proposal, and may increase before the acceptance of the risk.

In case of Surrender (including Compulsory surrender): Policyholder's Fund Value / monetary value as the case may be, shall be payable after the completion of the third policy anniversary.

You can surrender your policy anytime after the payment of the single premium, but it is payable after completion of the first five policy years.

Not exact matches

Survival Benefit: Subject to the policy being in force, the Guaranteed Monthly Income on Survival (as displayed in the table below) will be payable monthly starting from the end of the next month after the completion of the Premium Payment Term and will be payable for 72 months for 12 year policy term, 96 months for 16 year policy term and 144 months for 24 year policy term.:

What we're offering for your hard work and dedication: * Competitive wage * Incentive opportunities * Sign on bonus (payable after satisfactory completion of first 180 days) * Paid continuing education * 401 (k) * Sick pay * Generous personal pet care discounts * Uniform allowance * Health benefits (FT staff only) * Vacation pay (FT staff only).

Under the first part, 10 % of the Sum Assured is payable every year for 5 years after the completion of the Premium Payment Term.

Survival benefits as 20 % of the basic sum assured is payable in equal intervals of time i.e. after the completion of age 18 years, 20 years and 22 years, provided the policy is in full force.

However the partial withdrawal value is payable only after the completion of five years from the date of payment of each top up or on attainment of age 18 by the life assured whichever is later The maximum partial withdrawal amount under top up should not exceed 20 % of the fund value at the time of withdrawal.

If the death occurs after the completion of 5 policy years but before the completion of policy tenure or before the maturity date of the policy then the sum assured amount along with the loyalty addition is payable to the nominee of the policy.

Survival Benefit: On the Life Assured surviving the policy anniversary after the completion of ages 18 years, 20 years and 22 years, with 20 % of the Basic Sum Assured on each occasion shall be payable.

Survival Benefit: Provided the policy is active, the guaranteed monthly income shall be payable monthly starting from the end of the next month after the completion of the premium payment term.

Upon surrendering the policy after the completion of the lock - in period of 5 years, the fund value as on the date of termination is payable.

In case of death of the life assured after the date of surrender but before the completion of 3 years from the date of commencement of policy the monetary value payable on completion of 3 years shall be payable to the nominee / legal heir immediately on death.

Survival Benefit: Subject to the policy being in force, the Guaranteed Monthly Income on Survival (as displayed in the table below) will be payable monthly starting from the end of the next month after the completion of the Premium Payment Term and will be payable for 72 months for 12 year policy term, 96 months for 16 year policy term and 144 months for 24 year policy term.:

Scenario B: Raman dies during the Term of the Policy In the event of demise of Mr. Raman during the policy term, Rs 1,00,000 plus Loyalty Addition after completion of 5 policy years is payable to the nominee.

Sum Assured plus Loyalty Addition is payable, in case of death of the life insured before the date of maturity and after completion of 5 policy years.

In the event of death of the insured after completion of the 15th policy year, Death Sum Assured plus Final Bonus is payable.

Upon surrendering the policy with - in the lock - in period of 5 years and on complete withdrawal from the policy, the fund value after deducting discontinuance charges is credited to the «Discontinued Policy Fund» and it is refunded upon completion of lock - in period, subject to minimum guaranteed interest rate of 4 % p.a.. Upon surrendering the policy after the lock - in period of 5 years and on complete withdrawal from the policy, the total fund value as on the date of surrender is payable and the policy then terminates.

Upon surrendering the policy after completion of the lock - in period, the Fund Value (including top - up fund value) as on the date of surrender is payable immediately.

Upon surrendering the policy after the completion of the lock - in period of 5 years, the fund value is payable immediately.

The single pay policies are eligible for surrender after completion of 3 policy years.The surrender benefit is payable as per the policy contract.

Guaranteed Monthly Income on Survival will be payable monthly starting from the end of the next month after the completion of the Premium Payment Term.

On Death After Completion of 5 Policy Years But Before Maturity: «Sum Assured on death» along with Accrued Guaranteed Additions and Loyalty Additions shall be payable.

In addition to the above, Loyalty Addition, If any, shall also be payable if death occurs after completion of 5th policy year.