Sentences with phrase «payouts under this option»

There are three options to receive the maturity benefits under the plan which can be chosen either as money - back payouts under Options A and B or a lump sum payout under Option C.

Total income payout under this option is Rs. 24,00,000.

The payout under this option may vary with the chosen premium payment term.

The payout under this option may vary with the chosen premium payment term, age and gender.

The payout under this option may vary as per the age at entry, gender and premium payment term.

Not exact matches

(Even if an investor does not opt for «Dividend payout sub-option» under the «Dividend plan», the default option is treated as «dividend reinvestment» only)

AMCs will convert the outstanding units under dividend re-investment option into dividend payout.

It's also worth noting that regular annuity payments (under a regular annuity payout option) from an annuity where the Annuity Starting Date was after 12/31/1986 are taxed under the «exclusion ratio» regime only until all investment in the contract has been received tax free.

Under deferment plans, on vesting, the customer can exercise his choice on the different options available to him in the context of annuity payouts.

The annuity payouts occur from the next chosen frequency immediately after payment of lump sum premium and the payouts are available under various options

Under this plan, the policyholder can pick from added paid - up options or cash payout.

In the cash payout option, each year after the premium payment term the declared bonus is paid to the policyholder under the plan.

In case of death, the benefit can be taken either in lump sum, or in instalments under the Regular Annual Payout option or 50 % in lump sum and 50 % in instalments as per the policyholder's choice.

On death of the annuitant, annuity payouts cease under the first option.

Recurring payout - Under this option, the nominee receives 10 % of the Sum Assured amount on the death of the Life Assured.

HDFC child plan helps the policyholder to get maximum maturity benefits and also take advantage of various payout options under these HDFC child plans.

Under the first option, payouts start 5 years after the completion of the premium paying term and are thereafter paid every two years.

If Option A is chosen then the Staggered Payouts are paid as and when they fall due and the remaining Sum Assured is paid on maturity or else under Option B, 105 % of the Sum Assured is paid on maturity.

The annual payouts as chosen under the Options available will be paid as they accrue and accrued reversionary bonuses including Terminal Bonus, if any is paid on maturity

While this option provides you with income for life, payments are generally smaller than they would be under the life - only payout.

Under all the plan options, the policy holder receives lumpsum payout on diagnosis of terminal illness.

As you begin discussing policy options with your life insurance company, you'll hash out typical policy choices including payouts and coverage limits, term length, and under what conditions the policy will be paid out.

Option B - Income Protection Under this option, the Death Benefit shall be payable as Monthly Income (payouts made each month) to your nominee during the payout period as chosen by you at inception of pOption B - Income Protection Under this option, the Death Benefit shall be payable as Monthly Income (payouts made each month) to your nominee during the payout period as chosen by you at inception of poption, the Death Benefit shall be payable as Monthly Income (payouts made each month) to your nominee during the payout period as chosen by you at inception of policy.

You will have the option to either receive the bonus payouts during the policy term or you can accumulate them under the policy.

Under the Systematic Partial Withdrawal option, on the completion of five policy years, an amount of the Fund Value, at the time of the start of the Systematic Partial Withdrawal, is paid to the policyholder from his / her unit account, as structured and regular payouts.

Under Option B which is Income Replacement, the nominee receives regular monthly payouts which increase @ 5 % every year compounded annually.

Under the Aspiration option for Maturity Benefit payout, lump sum is paid on Maturity which is the Sum Assured and Guaranteed Additions where the total benefit received is equal to 125 % of the SA

There are 2 added options under the benefit payment preference which decides the way the beneficiary receives the benefit payouts.

The cover under this plan, if opted, is paid as lumpsum under iSelect lumpsum payout option.

Upon the death of the life insured the company will to the nominee the Sum Assured on death along with Additional Sum Assured under Life Stage Plus Option, if any less Payout Accelerator Benefit already paid, if any.

The nominee has the option to take the sum assured on death as a lump sum payout or staggered payment, as per the terms applicable under the plan.

The monthly income under this payout option begins from the date of intimation of death of the life insured, in case of acceptance of the claim.

o Level Cover: The death payout under this plan option pays the opted sum assured to the nominee in the event of death of life insured during the policy term.

Recurring Payout Option: Under this payout option, the nominee receives 10 % of the sum assured on the death of life insured as an immediate payment once the claim is accepted.The balance amount of sum assured is paid either as monthly or yearly iPayout Option: Under this payout option, the nominee receives 10 % of the sum assured on the death of life insured as an immediate payment once the claim is accepted.The balance amount of sum assured is paid either as monthly or yearly iOption: Under this payout option, the nominee receives 10 % of the sum assured on the death of life insured as an immediate payment once the claim is accepted.The balance amount of sum assured is paid either as monthly or yearly ipayout option, the nominee receives 10 % of the sum assured on the death of life insured as an immediate payment once the claim is accepted.The balance amount of sum assured is paid either as monthly or yearly ioption, the nominee receives 10 % of the sum assured on the death of life insured as an immediate payment once the claim is accepted.The balance amount of sum assured is paid either as monthly or yearly income.

The death benefit under this payout option is higher of 10 times the annualized premium, 105 % of total premiums paid, or the basic sum assured.

The payout under this plan option starts with 10 % of the total benefit amount.

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

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).

While receiving the Death Benefit in monthly installments, the beneficiary can also choose at a future date to commute all outstanding payouts and receive the present value of future outstanding payouts as a lumpsum as provided under the commutation option.

Generally, most of the policies offer a Lump Sum payout options under a Critical Illness Cover.

Simple Reversionary Bonus vested annually from the end of the 1st policy year and is payable on survival during benefit payout term or death of the life insured / maturity of the policy, as applicable under Pure Income Benefit & Income with Maturity Benefit Option respectively.

Income with Maturity Benefit: Under this option, monthly income is 1 % of the base sum assured for the first payout year and it then further increases by 0.25 % at a simple rate in the following years.

Only Income Benefit: Under this option, monthly income is 2 % of the base sum assured during the first payout year and it then increases by 0.50 % at a simple rate in subsequent years.

Under option B, the payout is 105 % of the sum assured.

o Option C - Loan Protection: Under this payout option, the sum assured reduces every year over a policyOption C - Loan Protection: Under this payout option, the sum assured reduces every year over a policyoption, the sum assured reduces every year over a policy term.

Under Option B, Guaranteed Staggered Payout Benefits are not payable.

o Sum Assured Option: Upon choosing this payout option, you will receive the death benefit equal to sum assured applicable under theOption: Upon choosing this payout option, you will receive the death benefit equal to sum assured applicable under theoption, you will receive the death benefit equal to sum assured applicable under the plan.

Under option A, the payout is 65 % of the sum assured.

Under a settlement option, the maturity amount entitled to a life insurance policyholder is paid in structured periodic installments (up to a certain stipulated period of time post maturity) instead of a «lump - sum» payout.

With these payouts, the policy gets terminated unless monthly incomes are remaining under the settlement option.