Sentences with phrase «payable till maturity»
Cash Bonus is based on the performance of the par fund and it is payable till maturity or death, whichever is earlier.
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Maturity Benefit: In case the Life Insured survives till maturity and all due premiums have been paid till the date of maturity, Maturity Benefit will be payable to the Policyholder as Sum Assured on Maturity equal to the chosen Sum Maturity Benefit: In case the Life Insured survives till maturity and all due premiums have been paid till the date of maturity, Maturity Benefit will be payable to the Policyholder as Sum Assured on Maturity equal to the chosen Sum maturity and all due premiums have been paid till the date of maturity, Maturity Benefit will be payable to the Policyholder as Sum Assured on Maturity equal to the chosen Sum maturity, Maturity Benefit will be payable to the Policyholder as Sum Assured on Maturity equal to the chosen Sum Maturity Benefit will be payable to the Policyholder as Sum Assured on Maturity equal to the chosen Sum Maturity equal to the chosen Sum Assured.
In case the Life Insured survives till the maturity of the Policy and all premiums are duly paid, then the benefits as mentioned below will be payable to the Policyholder
There is usually no maturity value payable under the plan if the person survives till the end of the tenure.
In case of death of the insured during the tenure of the plan, the death benefit payable will be higher of 10 times the annual premium or 105 % of all premiums paid till death or the Maturity Sum Assured.
There is an option of adding the Income Benefit Rider wherein, in case of death of the insured, 10 % of the rider Sum Assured will be paid to the beneficiary every year post death till the maturity of the plan in addition to the death benefit payable as above.
There will be no maturity benefit payable to the policyholder if he survives till the end of the LIC online term plan tenure because it is a pure LIC term insurance plan
On death, the Sum Assured on death is payable which is equal to the maturity Sum Assured or 10 times the annual premium subjected to a minimum of 105 % of aggregate premiums paid till death and the vested bonuses
In the event of death the death benefit will be higher of Sum Assured payable on maturity or 11 times the premium or the basic Sum Assured or 105 % of total premiums paid till the policyholder died
One is Term Cover where no maturity benefit is payable and the other is Term with Return of Premium cover where in case of maturity, 110 % of the total premiums paid are returned back to the policyholder if he survives till maturity.
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.
Normal maturity benefits are payable if the policyholder survives till maturity.
Death Benefits: In case of the insured's death, Higher of, Sum Assured Or, Guaranteed Maturity Benefits are subject to a minimum 105 % of all premiums paid till death is payable.
The death SA can be taken either in lump sum or 100 % of the base SA is payable on death and GMM * Base SApayable on the maturity date and 2 % of the base SA to be paid in monthly instalments from death till maturity date for a minimum of 36 months
Even in case of death of the Life Assured, the Maturity Benefit will be payable if all Installment premiums due till date of death of the Life Assured have been received in full.
This plan is a perfect blend of income and financial protection as the survival benefits are payable every year from the end of the premium paying term till maturity and a life insurance benefit.
• Guaranteed returns: Your policy earns a Guaranteed Addition of 7 % per annum to 9 % per annum of the Annualized Premium (excluding taxes and any other extra premium), depending upon the policy term chosen by you, till the end of the policy term which is payable at maturity.
The policy provided life cover till maturity and a sum assured payable on maturity.»
On survival of the Life Assured till maturity, total of the following becomes payable in lump sum:
On survival of the Life Assured till maturity, provided the policy is in - force and all due premiums have been paid, the sum of the following benefits will be payable:
This is a traditional participating endowment plan under which survival benefits payable every year from 5th policy anniversary till maturity and life insurance benefit.
f insured is struck by total and permanent disablement due to an accident or illness, he or she may get future premiums payable waived off, additional monthly income of 1 % of Guaranteed Sum Aassured till the end of premium payment term, income benefits as per schedule and maturity benefits on maturity.
In case of sudden demise of the insured parent, the death benefit payable is higher of 10 times the annual premium or 105 % of all premiums paid till death or maturity Sum Assured or the absolute Sum Assured.
In case of death of the insured during the tenure of the plan, the death benefit will be payable which will be higher of the Maturity Sum Assured or 10 times the annual premium paid or 105 % of all premiums paid till the date of death.
Endowment with Whole Life: This will include benefit under endowment option + Sum Assured on Maturity payable on survival till 100 years of age or death, whichever is earlier
In case of death of the insured during the tenure of the plan, the death benefit payable will be higher of the Sum Assured which is the annual premium multiplied by the Sum Assured multiple or maturity Sum Assured or 105 % of premiums paid till death
On death during the policy term higher of 10 times the annual premium or 125 % of annual premiums paid till death or lumps sum amount payable on maturity
Option 3 — in case of Mr. Sharma's death during the plan term, higher of the Sum Assured on Maturity, 105 % of premiums paid till death, 10 times the annual premium or absolute amount assured payable on death is paid to the nominee.
Death Benefit: The policy covers the insured till 100 or 85 years of age and in case the insured dies within policy term, the nominee shall be eligible for a sum assured payable on death that is higher of sum assured on maturity or 11 times annualized premium or 105 % of all premiums paid till the date of death
Although it is rare for people in India to live till the age of 100 but if it happens maturity benefit of the whole insurance policy will become payable.
If Mr. Raman survives till the end of the policy term, Sum Assured on Maturity plus Accrued Guaranteed Loyalty Additions plus Large Premium Benefit is payable at the maturity of theMaturity plus Accrued Guaranteed Loyalty Additions plus Large Premium Benefit is payable at the maturity of thematurity of the policy.
In case of unfortunate death of policy holder during policy term, this plan proivides 10 % of sum assured every year till maturity and again at competion of policy term maturity amount is also payable.
Scenario A: Romesh Survives till Vesting At vesting, the higher of Fund Value at maturity or Assured Benefit is payable.
If Mr. Raman survives till the end of the policy term, a lump sum of Rs 5 Lacs plus accrued bonuses is payable at the maturity of the policy.
Scenario A: Raman Survives the Policy Term If Mr. Raman survives till the maturity of the policy term, he receives Rs 20,000 is payable on each of coinciding with or on completion of 18, 20 & 22 years of age, as the survival benefit.
On survival of the life insured till the end of the policy term, the Total Fund Value as prevailing on the date of maturity is payable.
On survival of the life assured till the end of the policy term, the Fund Value (including top - up fund value) is payable at maturity.
Let us understand the plan with the example of Mr. Ram Life Assured - Mr. Ram aged 35 years Plan Purchased - HDFC Life ProGrowth Plus (extra life option) Policy Term - 30 years Annual Premium - Rs 30,000 Sum Assured - Rs 7,00,000 Scenario A - Maturity Benefit: In case of his survival till maturity of the policy, the Total Fund Value as prevailing on the date of maturity is payable as a lMaturity Benefit: In case of his survival till maturity of the policy, the Total Fund Value as prevailing on the date of maturity is payable as a lmaturity of the policy, the Total Fund Value as prevailing on the date of maturity is payable as a lmaturity is payable as a lump sum.
Scenario A - Maturity Benefit: In case of his survival till maturity of the policy, the sum of Fund Value in the Main Account including Survival Units and Fund Value in Top - Up Accounts (if any), is Maturity Benefit: In case of his survival till maturity of the policy, the sum of Fund Value in the Main Account including Survival Units and Fund Value in Top - Up Accounts (if any), is maturity of the policy, the sum of Fund Value in the Main Account including Survival Units and Fund Value in Top - Up Accounts (if any), is payable.
Scenario A - Maturity Benefit: In case of his survival till maturity of the policy, the Fund Value (including top - up fund value) is payable at maturity, provided the policy is in Maturity Benefit: In case of his survival till maturity of the policy, the Fund Value (including top - up fund value) is payable at maturity, provided the policy is in maturity of the policy, the Fund Value (including top - up fund value) is payable at maturity, provided the policy is in maturity, provided the policy is in - force.
On survival of the life assured till end of the policy term, Total fund value as on the maturity date is payable.
With the waiver of premium benefit, a child plan continues till end of the policy term, even after death and the maturity benefit is also payable.
Scenario A - Maturity Benefit: In case of his survival till maturity of the policy, the Total Fund Value is payable at mMaturity Benefit: In case of his survival till maturity of the policy, the Total Fund Value is payable at mmaturity of the policy, the Total Fund Value is payable at maturitymaturity.
On survival of the life insured till the end of the policy term, the Fund Value plus Guaranteed Loyalty Addition is payable at maturity.
On survival of the life insured till the end of the policy term, Total Fund value (including the Top - Up Fund Value) is payable on the maturity date.
Maturity benefit is payable on the survival of the Life Assured till the end of the policy term.
On survival of the life insured till the end of the policy term, the higher of Fund Value (including Guaranteed Loyalty Additions) or Guaranteed Maturity Benefit of 101 % of the total premiums is payable at mMaturity Benefit of 101 % of the total premiums is payable at maturitymaturity.
Scenario B - Maturity Benefit: In case of his survival till maturity of the policy, the higher of Fund Value (including Guaranteed Loyalty Additions) or Guaranteed Maturity Benefit of 101 % of the total premiums is payable at mMaturity Benefit: In case of his survival till maturity of the policy, the higher of Fund Value (including Guaranteed Loyalty Additions) or Guaranteed Maturity Benefit of 101 % of the total premiums is payable at mmaturity of the policy, the higher of Fund Value (including Guaranteed Loyalty Additions) or Guaranteed Maturity Benefit of 101 % of the total premiums is payable at mMaturity Benefit of 101 % of the total premiums is payable at maturitymaturity.
On survival of the life insured till end of the policy term, Maturity Sum Assured plus accrued bonuses are payable to the policyholder.
Scenario A - Maturity Benefit: In case of his survival till maturity of the policy, the Fund Value under the Base Plan and Top - up premium is payable at mMaturity Benefit: In case of his survival till maturity of the policy, the Fund Value under the Base Plan and Top - up premium is payable at mmaturity of the policy, the Fund Value under the Base Plan and Top - up premium is payable at maturitymaturity.