Sentences with phrase «policy anniversary till»

The product offers an inbuilt - indexation benefit; where in the Sum Insured under the product increases by 10 % (simple rate) on each policy anniversary till the time no claim has been admitted in the past; up to a maximum of 150 % of the Basic Sum Insured at the start of the Policy.

Family Income Benefit (FIB) is paid on each policy anniversary till the completion of the policy term, but not exceeding 10 such installments.

This benefit is payable in every 5th policy anniversary, starting from 10th policy anniversary till end of the policy term.

Monthly Income Payout starts from the next Policy Anniversary till the end of the Premium Paying Term for Regular Benefit

In case of unfortunate event of death of policy holder, 10 % of sum assured will be paid on every policy anniversary till the policy maturity.

Accrue bonus as a percentage of your Guaranteed Sum Assured starting every year from the first policy anniversary till the 10th policy anniversary.

This is a traditional participating endowment plan under which survival benefits payable every year from 5th policy anniversary till maturity and life insurance benefit.

The policyholder is eligible to receive annual coupons from 10th to 30th policy anniversary and can also recevive Non Guaranteed Cash Dividends annually from 6th policy anniversary till maturity.

Secondly, sum assured increases by 5 % every policy anniversary till the amount doubles.

Not exact matches

Under this LIC child plan, the money back benefits will start to be paid only from the policy anniversary which coincides or follows the completion of 20 years of age of the life insured and are payable for 5 years till the insured attains the age of 25 years

Family Income Benefit (FIB)-- An amount equal to 10 % of the Sum Assured will be paid on each Policy anniversary following or coinciding with the Date of Death of the Life Insured till the end of the Policy Term, but not exceeding 10 such installmentsa

Furthermore, Guaranteed Income is paid for minimum 3 years or till the policy anniversary immediately preceding the end of the term

Increase benefit: sum insured increases by 10 % every year, after the first anniversary of policy purchase till it double OR it is claimed

Guaranteed Annual Income payment will begin from the 8th policy anniversary and will continue till the 14th policy anniversary.

The survival benefit payment is paid at the end of the premium paying term and on successful completion of every subsequent year till the policyholder survives or policy anniversary prior to the date of maturity.

In cases of «Money Back Policies», these documents are not asked for; provided the premiums under the policy are paid till the date of the anniversary.

From the 6th policy anniversary onwards, this allocation increases and goes up to 7 % of the premium by the 16th policy year till the 20th year.

It is calculated as 5 % of cumulative premium (excluding rider premium) paid till that policy anniversary.

If chosen the single pay option, the additional units @ 0.35 % of units in each of the funds under the Single Premium Account is credited to the respective funds, payable every policy anniversary, starting from the 6th policy anniversary, till the end of the policy term.

The first survival benefit is payable at the end of the premium paying term and thereafter on completion of each year till the survival of life insured or till the policy anniversary before maturity, whichever is earlier.

Additionally, 0.4 % in each of the funds under the Single Premium Account is credited to the respective funds, payable every policy anniversary, starting from the 10th policy anniversary, till the end of the policy term excluding the last year.

An amount equal to annual payout amount is payable every year commencing from the policy anniversary immediately after death, till the beginning of the Scheduled Annual Payouts.

Guaranteed Addition as 1 % of the basic sum assured every year is accrued from the policy anniversary after end of the premium payment term till maturity of the policy.