Sentences with phrase «payout mode you choose»

Under this plan, you have an option to start receiving annuity immediately after paying the premium depending upon the payout mode you choose.

Scenario A: Survival of Ahluwalia A regular income for life will be payable, depending on the annuity payout mode chosen.

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The Fixed Deposit scheme is available in three modes - The quarterly payout scheme where the interest can be withdrawn every quarter from the start date of the investment, the monthly payout scheme where the customer can withdraw the interest every month if he chooses, and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).

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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.