Sentences with phrase «payable along with bonus»
On maturity, the guaranteed sum assured is payable along with Bonus.
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On maturity, the Guaranteed Maturity Benefit along with the Guaranteed Additions, vested bonus, interim bonus and any Terminal Bonus is payable can be availed as cash installments in three opbonus, interim bonus and any Terminal Bonus is payable can be availed as cash installments in three opbonus and any Terminal Bonus is payable can be availed as cash installments in three opBonus is payable can be availed as cash installments in three options
In case of death of the insured during the tenure of the plan, a benefit higher of 10 times the annual premium or base Sum Assured or minimum guaranteed Maturity Sum Assured or 105 % of all premiums paid till the date of death is payable along with the vested reversionary bonuses.
Death Benefit: In case of the demise of the insured person the beneficiary of policy LC Jeevan Anand is payable of total sum assured amount along with the simple reversionary bonus and the tenure of the policy continues to be inforce.
The Terminal Bonus is payable along with death or vesting benefit.
The remaining Sum Assured along with vested Bonus, if any would be payable to him on the maturity of the policy as Maturity Benefit and the policy would terminate
On maturity of the policy, the total sum assured amount along with bonus is payable to the insured person.
Irrespective of how much survival benefits has been paid, the entire sum assured is payable as death benefit along with accrued bonus.
In certain cases, terminal bonus may be payable along with the maturity benefit.
It offers profits to the policyholder in the form of loyalty benefits, which are terminal bonuses payable along with death benefit or maturity benefit.
If he has opted for a money back life insurance plan, only Rs. 20 lakh along with all the accrued bonuses till date becomes payable.
Maturity Benefit: The Basic Sum Assured, along with the vested simple reversionary bonuses and Final Additional bonus, if any, shall be payable in lump sum on Survival to the end of the policy term provided all due premiums have been paid.
In the event of the policyholder's death, the sum assured is immediately payable to policyholders» nominee or legal heir as a lump sum, along with the bonuses.
In case of an unfortunate demise of the life Insured during the policy term, Sum Assured on death is payable to the nominee along with a vested Compound Reversionary Bonus and Terminal Bonus (if any) provided the policy is in force.
If Mr. Raman dies during the policy term, his nominees will get Rs 5 Lacs or Sum Assured on death is payable to the nominee along with a vested Compound Reversionary Bonus and Terminal Bonus (if any) provided the policy is in force.
In case of an unfortunate demise of the life Insured during the policy term, Sum Assured on death is payable to the nominee along with a vested Compound Reversionary Bonus and Terminal Bonus.
Sum Assured along with the vested bonuses become payable on survival of the assured to the end of the premium paying term.
The Sum Assured along with accrued Bonus is payable on the Policy Maturity or on earlier death.
The non-guaranteed vested simple Reversionary Bonus along with Terminal Bonus (if any), shall be payable as lump sum immediately on Death of Life Insured.
On survival of the life assured till the end of the policy term, Sum Assured along with vested Simple Reversionary Bonuses and Final Additional Bonus is payable.
On death during the term of the policy and on or after the date of commencement of risk, Sum Assured along with vested Simple Reversionary Bonuses and Final Additional Bonus is payable.
Scenario A: On survival of Mr. Raj In case of survival of the life insured till the vesting date, an amount equal to the Basic Sum Assured along with accrued Guaranteed Additions, vested Simple Reversionary bonuses and Final Additional bonus is payable.
The company may also declare Non-Guaranteed Terminal Bonus which is also payable along with Maturity Benefit or Death Benefit.
Cash Bonus is a non-guaranteed benefit payable at each policy anniversary after the premium payment term along with the Money Back benefit.
In the event of demise of Mr. Raman during any policy year, Rs 3 Lacs along with vested Simple Reversionary Bonuses and Final Additional Bonus is payable.
In case of survival of the life assured till the maturity of the policy, a lump sum of basic sum assured along with vested Simple Reversionary Bonuses and Final Additional Bonus is payable, provided all the premiums have been paid.
On survival of the life assured till the date of maturity, sum assured on maturity along with vested Simple Reversionary Bonuses and Final Additional Bonus is payable, provided the policy is in - force.
In case of an unfortunate demise of the life Insured during the policy term, Sum Assured on death along with vested Compound Reversionary Bonus and Terminal Bonus is payable to the nominee, provided the policy is in - force.
If Mr. Raman survives till the maturity of the policy term, the maturity payable is Rs 5 Lacs along with accrued Guaranteed additions, vested Compound Reversionary Bonus and Terminal Bonus.
Scenario B: Mr. Gupta dies during the Term of the Policy In the event of unfortunate demise of Mr. Gupta in the 3rd policy year after payment of 3 years» premiums, his family will receive a lump sum amount of Rs 1,014,000, Guaranteed Sum Assured on maturity equal to Rs 2,00,000 along with accrued Annual bonuses and Final bonus, is payable on maturity.
If Mr. Raman dies during the policy term, his nominee will receive Rs 5 Lacs along with accrued Guaranteed additions (GA) plus vested Compound Reversionary Bonus and Terminal Bonus is payable.
If Mr. Raman survives till the maturity of the policy term, the maturity payable is Rs 10 Lacs along with vested Compound Reversionary Bonus and Terminal Bonus.
In case of an unfortunate demise of the life Insured during the policy term, Sum Assured on death along with accrued Guaranteed additions (GA) plus vested Compound Reversionary Bonus and Terminal Bonus is payable.
In the event of death of the insured during the term of the policy, Death Sum Assured along with Accrued Reversionary Bonus and Final Bonus is payable to the nominee / legal heir, provided the policy is in force.
In case of an unfortunate demise of the life Insured during the policy term, Sum Assured on death along with vested Simple Reversionary Bonus and Terminal Bonus is payable to the nominee.
The accrued bonuses is payable at the end of policy term along with the first installment irrespective of the option chosen.
In case of an unfortunate demise of the life Insured during the policy term, Sum Assured on death along with accrued Guaranteed Additions, plus vested Compound Reversionary Bonus and Terminal Bonus is payable.
Bonuses once attached are payable along with the interim bonuses, as applicable on maturity or surBonuses once attached are payable along with the interim bonuses, as applicable on maturity or surbonuses, as applicable on maturity or surrender.
On survival of the life assured till maturity of the policy, Sum Assured on Maturity along with vested simple reversionary bonuses and final additional bonus is payable as a lump sum, provided the policy is in - force.
On survival of the life Insured till the end of the policy term, Basic Sum assured along with accrued Guaranteed Additions, plus Vested Compound Reversionary Bonus (CRB) and Terminal Bonus is payable, provided the policy is in - force.
Base sum assured of Rs 5 Lacs is payable to Ankit along with accrued reversionary and terminal bonus, if any.
On survival of the life assured till maturity, Guaranteed Sum Assured on Maturity along with vested reversionary bonuses plus terminal bonus is payable.
On survival of the life insured till maturity of the policy, Sum Assured on Maturity along with Vested Simple Reversionary Bonuses & Final Additional Bonus is payable.
In case of survival of the life assured till the end of the policy term, the basic sum assured along with vested Simple Reversionary Bonuses and Final Additional Bonus is payable, provided the policy is in - force.
ON DEATH: On death of insured AFTER COMMENCEMENT OF RISK, sum assured along with vested simple reversionary bonuses and final additional bonus, if any, shall be payable.
ON MATURITY: On survival till the end of policy term, sum assured along with vested simple reversionary bonuses and final additional bonus, if any, shall be payable.
ON MATURITY: On maturity insured will get, sum assured along with vested simple reversionary bonuses and final additional, if any, shall be payable.
In case of Life assured surviving the stipulated date of maturity, 40 % of the Basic Sum Assured along with vested Simple Reversionary Bonuses and Final Additional bonus, if any, shall be payable.
If the survivor of the two lives dies thereafter during the remaining policy term, Sum Assured along with the all bonuses is payable again in a lumpsum.
Maturity Benefit: Sum Assured, along with vested Simple Bonuses and Final Additional Bonus, if any, shall be payable.