Sentences with phrase «payable on the attainment»

The maturity benefit is payable on the attainment of age 100 years of the insured.

Not exact matches

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.

However, on attainment of age 60, all the partial withdrawals made within two years before attaining age 60 and all the partial withdrawals made after attaining age 60 will be reduced from the Sum Assured to determine the actual sum payable on death.