Sentences with phrase «payment after the demise»

However, a child insurance plan provides a lump - sum payment after the demise of the policyholder, but the policy does not come to an end.

Not exact matches

The flow from D.C. to Albany continues growing because the Affordable Care Act's Medicaid expansion — which significantly lifted federal payments to New York — remains in force after the demise of several GOP - sponsored alternatives.

Scenario III — In case of unfortunate demise of Nikhil in the 13th policy year (after the premium payment term):

It offers provisions for annuity payment to the spouse of the annuitant after his demise.

This plan is basically limited payment whole life plan that can be used also used as a long term annuity plan after the demise of the life assured.

Demise after a prolonged remedy the following catastrophe might not produce the payment of the supplementary accident benefit sum, if the instant cause of the demise can not be accredited to the accDemise after a prolonged remedy the following catastrophe might not produce the payment of the supplementary accident benefit sum, if the instant cause of the demise can not be accredited to the accdemise can not be accredited to the accident.

Available in six options, the plan gives provisions for payment of annuity to the spouse of the annuitant after his demise (either 50 % or 100 % annuity depending on the Joint Life Last Survivor options chosen).

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.