Sentences with phrase «plan tenure»

They allow partial withdrawals during plan tenure, switching facility to change the investment strategy, etc..

You have to decide on the term plan tenure as per your need.

This benefit is payable for only one occurrence during the entire plan tenure.

By carefully planning the tenure of the policy, you will easily be able to arrange money for their marriage and other important stages in their life.

You can plan the tenure when you expect any major financial requirement for your kid's education and other needs.

If you survive the chosen plan tenure there is, usually, no maturity payout.

In a similar way term plan tenure is also a very important point.

You can pay lump sum for the premiums at the beginning of the policy or for the complete tenure of the plan

Post the payment of this benefit, a regular monthly income increasing every year @ 6 % per annum compounded yearly is paid for the remaining plan tenure subject to a minimum of 5 years

Increasing Term Assurance — an option under which the Sum Assured chosen at the time of inception of the SBI term insurance policy increases every year @ 5 % and on death of the insured during the SBI term insurance plan tenure, the Sum Assured as on the date of death is paid to the nominee

Dear Sreekanth, I have a policy from LIC internatinal, its pension plan tenure is 15 years, sum assured is 50,000 USD and additional accidenta coverage of 50,000 USD.

For Single Trip Asia excluding Japan, the policy can be extended for a maximum period of 30 days, subject to 60 days of the total policy period including both the extension as well as the original plan tenure.

Increasing Cover — an option under which the Sum Assured chosen at the time of inception of the online SBI eShield policy increases every 5 years @ 10 % and on death of the insured during the online SBI eShield plan tenure, the Sum Assured as on the date of death is paid to the nominee

There will be no maturity benefit payable to the policyholder if he survives till the end of the LIC online term plan tenure because it is a pure LIC term insurance plan

Premiums under the plan are paid for a limited tenure which is 5 years less than the corresponding plan tenure

Premiums can be paid for a limited period or for the entire plan tenure under the Limited Pay and Regular Pay options of premium payment.

From above table, we see that Edelweiss Tokio Life — MyLife + offers higher plan tenure, higher maximum age at maturity (80 years) and more rider options.

Premiums under the plan can be paid for a fixed tenure of 5 years or in one lump sum at the starting of the plan

Decreasing Term Assurance (Loan Protection)-- an option under which the Sum Assured decreases every year and on the death of the insured during the SBI term insurance plan tenure, the applicable Sum Assured as on the date of death is paid to the nominee

This is a Unit Linked Plan where premiums can be paid either for the entire plan tenure through Regular Premiums or for a limited tenure through Limited Premiums.

For Single trip worldwide including USA and Canada, and for single trip excluding USA and Canada, the policy can be extended for a maximum period of 180 days, subject to 360 days of the total policy period including both the extension as well as the original plan tenure.

Increasing Cover with Accidental Death Benefit — an option under which the Sum Assured chosen at the time of inception of the online SBI eShield policy increases every 5 years @ 10 % and on death of the insured during the online SBI eShield plan tenure, the Sum Assured under the SBI eShield as on the date of death is paid to the nominee.

Called Term Return of Premium (TROP) plans, the term plan refunds the premium at the end of the term plan tenure if the insured person survives the period.

The plan has a unique feature of Family Income Benefit under which, after the death of the insured during the tenure of the plan, 10 % of the chosen Sum Assured is paid every year till the end of the plan tenure subject to a minimum of 3 payments and a maximum of 10 payments.

On maturity, a Guaranteed Maturity Benefit is paid expressed as the Single Premium multiplied by the Guaranteed Maturity Factor where the factor depends on the age of the policyholder, amount of premium and the plan tenure chosen.

The death benefit is paid as monthly instalments over a period which depends on the plan tenure chosen.

Under this Kotak Life pension plan, in case of death of the insured during the plan tenure, the benefit paid will be 105 % of all premiums paid till the date of death plus the vested reversionary bonuses and the accrued guaranteed additions

In case of death of the insured during the plan tenure, higher of the Sum Assured including top - up Sum Assured or 105 % of all premiums paid including top - up premiums paid is paid immediately on death of the insured.

The company keeps on crediting the required premium in the policy and the planned fund at the end of the plan tenure comes out to be the same which was originally planned.

The compensation will be payable under any one of the above as listed with respect to the owner diver arising out of any one occurrence, to the tune of Rs 1 lakh during any one plan tenure.

There is an inbuilt waiver of premium rider which is applicable in case the insured suffers permanent and total disability during the plan tenure.

Plan can be extended with prior approval from the insurer and with additional payment of premium: Extension in a single trip is admissible for a maximum of 180 days provided that the plan tenure after the extension will not exceed more than 270 days.

On maturity, the maturity Sum Assured is paid which is 5 to 8 times the annual premium depending on the plan tenure along with vested simple bonuses and any Terminal Bonus

The rate of addition is 7 % - 9 % depending on the plan tenure

The maximum amount payable under the plan is RS 50000 / - during the plan tenure.

Premiums under the plan can be paid for the entire tenure of the plan or in one lump sum at the starting of the plan

The Sum Assured under the Max Life term plan increases every year at a simple rate of 5 % till the end of the plan tenure

In case of death of the insured during the plan tenure, the death benefit is higher of the basic Sum Assured net of partial withdrawals or the Fund Value including loyalty additions or 105 % of all premiums paid till the date of death

In case of death of the insured during the plan tenure, a death benefit which is higher of the minimum Sum Assured or 10 or 7 times the annual premium paid depending on the age of the policyholder is payable to the nominee subject to a minimum of 105 % of all premiums paid till the date of death

In case of death of the insured during the plan tenure, the death benefit is higher of the basic Sum Assured including top - up Sum Assured or the Fund Value including top - up fund value or 105 % of all premiums paid till the date of death

In case of death of the insured during the plan tenure, the death benefit payable is higher of the basic Sum Assured or the Fund Value subject to a minimum of 105 % of all premiums paid till the date of death

In case of death of the insured during the plan tenure, the death benefit is higher of the basic Sum Assured including top - up Sum Assured net of partial withdrawals or the Fund Value including top - up fund value or 105 % of all premiums paid till the date of death

This way not only your family gets financial support in your absence but if you can survive the term then you stand to gain back the total amounts you paid in premiums throughout the plan tenure.

On death of the insured within the plan tenure, the payable value will be higher of the chosen Sum Assured or 105 % of the total premiums which were paid till death.

The premiums under the plan are payable for a limited tenure or for the entire duration of the plan

Loyalty Additions are added at the maturity of the plan @ 2 % or 3 % of the average fund value depending on the plan tenure chosen

In case of availing monthly instalments, a fixed monthly income chosen at the inception of the plan is payable following the month of death till the end of the plan tenure subject to a minimum of 3 years or 36 monthly payments.

In case of death of the insured during the plan tenure, the Sum Assured is payable which should be a minimum of 125 % or 110 % of the single premium paid depending on the age of the policyholder.