Sentences with phrase «payment of maturity benefit»

The policy gets terminated after payment of the maturity benefit.

Upon payment of the maturity benefit, your plan is terminated.

The outstanding loan plus interest on outstanding loan is deducted before making payment of the maturity benefit.

After payment of the maturity benefit, the policy gets terminated and no future payouts is then payable.

Upon payment of maturity benefit, the plan is terminated.

Termination of the policy also occurs on payment of the Maturity benefit or the Death Benefit.

Instalment payments of maturity benefit can be used for different funding requirements of the child.

Policy Termination or Surrender Benefit: Termination of the policy occurs on payment of the Maturity benefit or the Death Benefit.

The policy terminates after payment of the maturity benefit.

(2) At the end of two years from the date that the policy lapsed; and (3) on the payment of maturity benefit in case the policy matures.

The Policy terminates with the payment of maturity benefit.

The policy terminates on the payment of Maturity Benefit.

Money Back Plans by LIC are life insurance policies that provide life cover during the policy term and payment of maturity benefit is made in instalments via survival advantages every 5 years.

Post the payment of maturity benefit, the plan continues and on death of the policyholder after the end of the term and before turning 100, additional Sum Assured is paid without bonuses

Policy Termination or Surrender Benefit: Policy termination occurs on the payment of death benefit or the payment of maturity benefit if it is applicable.

The policy gets terminated after the payment of maturity benefit.

The policy gets terminated after payment of Maturity Benefit.

In case of Endowment Option, the policy terminates after payment of maturity benefit and no more benefits are then payable.