Also any outstanding annuity installments till date of death shall be
payable along with Death 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.
In that case, the aggregate of the monthly incomes payable discounted @ 5 % per annum would be
payable along with the death benefit which is 12 times the monthly incomes in the year of death.
Not exact matches
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.
Irrespective of how much survival
benefits has been paid, the entire sum assured is
payable as
death benefit along with accrued bonus.
Additionally, BSLI will refund the premiums collected after the date of accident till the date of
death with interest as informed by them
along with death benefit payable.
Death Benefit is the Sum assured equal to 10 times the single premium
along with the Loyalty Addition, if any, is
payable.
The upside to this is that sum assured of the accident
benefit will also be
payable as a lump sum
along with the
death benefit.
The premium
payable amount of the Jeevan Sangam Plan depends upon the age of the policyholder, the maturity sum assured amount selected and needs which change from time to time The plan is also providing a
death benefit that would be ten times of the tabular single premium
along with some loyalty addition.
The first instalment will be paid to the nominee after the settlement of claim and the remaining 10 instalments will be paid on each of the following
death anniversary of the Life Assured plus Additional
benefit shall be
payable along with the last annual instalment.
The company may also declare Non-Guaranteed Terminal Bonus which is also
payable along with Maturity
Benefit or
Death Benefit.
Additional Sum Assured is
payable on
death occurring due to an accident is Rs 1,00,000
along with the basic
death benefit.
Accidental
death benefit: In case of
death due to an accident, an additional amount up to 50 % of the sum assured is
payable to the nominee
along with the base sum assured.
Scenario B -
Death Benefit: In the event of his death during the policy term, Sum Assured plus value of the units plus top up sum assured along with top up fund value is payable to the nom
Death Benefit: In the event of his
death during the policy term, Sum Assured plus value of the units plus top up sum assured along with top up fund value is payable to the nom
death during the policy term, Sum Assured plus value of the units plus top up sum assured
along with top up fund value is
payable to the nominee.
In case of accidental
death, the Accident
Benefit Sum Assured will be payable as lump sum along with the death benefit under the basi
Benefit Sum Assured will be
payable as lump sum
along with the
death benefit under the basi
benefit under the basic plan.