Sentences with phrase «pays lump sum benefits»

SUD Life AAYUSHMAAN is a Non Linked Deferred Participating Plan that pays lump sum benefits and enduring financial safety net to ensure that nothing comes in the way of your family's happiness.

Introducing SUD Life AAYUSHMAAN — a Non Linked Deferred Participating Plan that pays lump sum benefits and lifelong financial protection, a plan to help you ensure that nothing comes in the way of your family's happiness.

As a trustee, before you pay a lump sum benefit from a TRIS to a member, you need to check whether there are enough unrestricted non-preserved benefits to pay the lump sum to ensure there is no breach of the pension standards.

The accidental death part of an AD&D policy pays a lump sum benefit to the person you've named as a beneficiary if you're killed in an accident.

For example, a supplemental critical illness policy may pay a lump sum benefit if you're diagnosed with a heart attack, stroke, cancer, end - stage renal disease, or need an organ transplant.

It pays a lump sum benefit in case you are diagnosed with major illness like cancer, heart attack, paralysis, kidney failure, coma etc..

The right health insurance policy, this Critical Illness policy pays a lump sum benefit amount on the first diagnosis of any of the critical illnesses listed.

Life Option: Under this cover option, nominees assigned by the policy holder are paid the lump sum benefit upon the diagnosis of terminal illness or the death of the policy holder.

Kotak Accidental Death Benefit Rider (ADB): This rider pays a lump sum benefit on the accidental death of the life insured

While most increasing term insurance plans pay a lump sum benefit on death, there are some plans, which have been recently launched which have a monthly or annual income payout.

It pays a lump sum benefit equal to rider sum assured in case the life assured is diagnosed with any of these illnesses.

A pure term insurance plan that provides life Insurance cover to you by paying a lump sum benefit to your family in case of an unfortunate death.Choice of single or regular premium payments and an additional amount in case of an accidental death.

In case you are hospitalized and are undergoing a surgery in India for a minimum period of 24 hours, you would be paid a lump sum benefit.

Endowment plans — Endowment plans pay a lump sum benefit either on earlier death or on plan maturity.

Critical Illness Benefits rider: Pays a lump sum benefit if you are diagnosed with a qualifying critical illness.

1) Lump sum benefit: If you are diagnosed with pre-specified critical illness indicated in your health insurance plan, the insurance company would pay you lump sum benefit as indicated in the plan.

This plan pays a lump sum benefit to the family and thus secures them financially.

It pays a lump sum benefit in case the life assured is diagnosed with major illness like Heart Attack, Cancer, Paralysis, Kidney failure, Coma etc..

Not exact matches

Gelsinger won't share specifics on the packages offered to the workers who were let go, but a VMware spokesperson says that their severance included an undisclosed period of full pay and benefits, a lump sum payment based on years of employment, and outplacement services.

Because your life insurance premiums are paid with after tax dollars, the death benefit is able to be paid out in lump sum without any state or federal taxes being withheld.

CPP Death Benefit The Canada Pension Plan death benefit is a one - time, lump - sum payment to your estate that can help to pay for funeralBenefit The Canada Pension Plan death benefit is a one - time, lump - sum payment to your estate that can help to pay for funeralbenefit is a one - time, lump - sum payment to your estate that can help to pay for funeral costs.

If you're enjoying this low - interest loan, it may make more sense to invest that lump sum in an investment that will yield more returns than you're paying to borrow for your home (especially when factoring in tax benefits).

A lump - sum direct rollover distribution whereby all accrued benefits, plus interest and investment earnings, are paid from the participant's account directly to an eligible retirement plan as defined in s. 402 (c)(8)(B) of the Internal Revenue Code, on behalf of the participant;

A partial lump - sum payment whereby a portion of the accrued benefit is paid to the participant and the remaining amount is transferred to an eligible retirement plan, as defined in s. 402 (c)(8)(B) of the Internal Revenue Code, on behalf of the participant; or

The tax treatment of both super and death benefits is also affected by whether the benefits are paid as a lump sum or income stream (regular payments).

There are many reasons to pay your student off with one lump sum — the benefits affect you financially and mentally.

If the death benefit is worth $ 1 million, and you elect to receive an annuity that pays out 6 % per year, you have to wait almost 17 years just to break even with what you'd get from a lump sum.

Included with this benefit is a Recovery Benefit that pays a lump sum amount when the insured returns to work at least 30 hours per week immediately after a period when residual disability benefits werbenefit is a Recovery Benefit that pays a lump sum amount when the insured returns to work at least 30 hours per week immediately after a period when residual disability benefits werBenefit that pays a lump sum amount when the insured returns to work at least 30 hours per week immediately after a period when residual disability benefits were paid.

SV just after commutation is the special value, worked out just after the superannuation lump sum is paid, of the superannuation interest that supports the capped defined benefit income stream.

A self - managed super fund (SMSF) can pay benefits in the form of a lump sum, an income stream (pension) or a combination of both, provided the payment is allowed under super law and the fund's trust deed.

Lump sum plus Monthly Income: Half of the death benefit will be paid out as lump sum for immediate needs, and the remaining half in form of monthly income increasing annually by 10 % at simple rate for a period of 15 yeLump sum plus Monthly Income: Half of the death benefit will be paid out as lump sum for immediate needs, and the remaining half in form of monthly income increasing annually by 10 % at simple rate for a period of 15 yelump sum for immediate needs, and the remaining half in form of monthly income increasing annually by 10 % at simple rate for a period of 15 years.

If the insured dies within this term (10, 15, 20, 25, 30, or 35 years), the life insurance company pays a lump sum death benefit to the policy's beneficiaries.

Lump sum: The entire death benefit will be paid out as a lump sum amount to secure your family's financial futLump sum: The entire death benefit will be paid out as a lump sum amount to secure your family's financial futlump sum amount to secure your family's financial future.

SV just before commutation is the special value, worked out just before the superannuation lump sum is paid, of the superannuation interest that supports the capped defined benefit income stream.

In case of occurrence of any of listed Critical illness, the Benefit (as chosen during inception) will be payable to you as a lump sum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have beeBenefit (as chosen during inception) will be payable to you as a lump sum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have beebenefit payout option chosen, subject to policy being in force and all due premiums have been paid.

Universal life insurance pays out a tax - free lump sum to your beneficiaries when you die, called a «death benefit.»

With a family income policy, rather than a lump sum of money, the death benefit is paid out in monthly increments as a portion of the total death benefit.

100 - 120 % of premiums paid are returned at the end of the policy term as a lump sum survival benefit.

This rider enables you to receive a lump sum portion of your death benefit to help pay expenses if you become terminally ill or need to live in a nursing home.

You pay a premium (payment) in return for a death benefit (the lump sum that will be paid to your survivors if you die while the policy is in force).

A whole life policy pays a guaranteed lump sum death benefit to your beneficiary.

Both IUL and VUL policies provide permanent coverage, pay a lump sum death benefit to your beneficiary and provide cash value growth and access to your cash value via withdrawals or loans.

Basically, the death benefit is how much the life insurance policy pays to your beneficiary, untaxed and in a single lump sum, should you die.

If you're not a dependant of the deceased, the death benefit must be paid as a lump sum.

The rules must specify who is entitled to receive the benefits and whether they will be paid as an income stream or lump sum.

If you're a dependant of the deceased, the death benefit can be paid as either a lump sum or income stream.

If you have a qualifying terminal illness, the rider kicks in and your life insurance company will pay you a lump sum from your death benefit of anywhere between 25 and 80 percent.

If you're a dependant of the deceased, you don't need to pay tax on the taxable component of a death benefit if you receive it as a lump sum.

Critical Illness Benefit Rider: covering qualifying critical illnesses such as heart attack, stroke and cancer, this optional rider will pay you a lump sum of $ 20,000 up to $ 150,000 if you are diagnosed with a qualifying major illness.

The policy includes an accelerated death benefit rider which will pay you a lump sum if you are diagnosed with a qualifying terminal illness.