Scenario A: Survival of Ahluwalia A regular income for life will be payable, depending on the annuity
payout mode chosen.
Under this plan, you have an option to start receiving annuity immediately after paying the premium depending upon
the payout mode you choose.
Not exact matches
The company provides a premium discount based on the annuity amount and the
mode of annuity
payout chosen.
The Fixed Deposit scheme is available in three
modes - The quarterly
payout scheme where the interest can be withdrawn every quarter from the start date of the investment, the monthly
payout scheme where the customer can withdraw the interest every month if he
chooses, and collecting the interest along with the final amount during the maturity period.
The Regular Income benefit shall be as per the
chosen option and as mentioned above in the «Regular Income»
payout mode.
The death benefit
payout will be made as per the death benefit payment
mode chosen and the policy will be terminated.
Accrued Paid Up Additions (PUA) are the bonus
payouts payable in case you
choose the PUA
mode for receiving annual bonuses announced by Max Life Insurance (explained under Bonus
Payout Options).
Choose Mode of Payout: Plan offers an option to choose the mode of p
Choose Mode of
Payout: Plan offers an option to choose the mode of p
Payout: Plan offers an option to
choose the mode of p
choose the
mode of
payoutpayout.
The word immediate annuity signifies that policy holder will start receiving regular
payouts immediately after completion of selected
mode duration, for example, if monthly
mode is
chosen, then first amount will be available after completion of 1 month from date of purchase.