Sentences with phrase «policy holder survives»

Maturity Benefit Since the premium is charged for only providing insurance cover, there is no maturity benefit in this policy in case the policy holder survives the time period for which this policy was taken.

If Policy holder survives 15 years, then Maturity (Maturity Sum Assured + Loyalty Additions) will be as under.

After taking Jeevan Shikhar policy as per above details, two cases are possible, In first case policy holder survives 15 years and collects maturity or in second case, unfortunate death happens before 15 years and nominee gets death claim amounts.

If the policy holder survives the policy term, then he gets the Fund Value.

Maturity Benefit — If the policy holder survives the policy term, then he gets the Fund Value.

Although in its essence, term insurance plans do not return the premium in case the policy holder survives beyond the term period, TROP plans offer maturity benefits.

You can see a simple combination of term plan from LIC and PPF easily outperforms money back plan in every scenario except when the policy holder survives the term.

One provides better maturity benefits (policy holder survives the policy term) while the other provides better death benefits.

If the policy holder survives the term, there are no returns on premiums paid, unless it is a ROP term policy.

Type - I ULIPs offer far superior returns than Type - II ULIPs if the policy holder survives the policy term.

Though child plan is behind if policy holder survives the policy term, but don't we buy insurance to ensure that our dear ones don't suffer financially after we are gone?

Unit linked child plan underperforms in terms of benefits if the policy holder survives the policy term.

If the policy holder survives he is paid out the balanced sum of money.

If the policy holder survives the tenure of the e term plan, then nothing is given to the policyholder and his / her beneficiaries By a non-participating policy is meant that the policy does not participate in the profits through unit - linked schemes and no dividends are paid on this policy.

Under this policy in case the policy holder survives beyond 75 years of age, company will provide 3 times the policy sum assured to policy holder.

If the policy holder survives there is no pay out for that.

It is paid in lump sum when the policy holder survives till the end of the policy term and has paid all the premiums.

If the policy holder survives beyond the term of the policy, the maturity benefit is a sum assured on maturity with simple reversionary as well as additional bonus — all of which will be paid out to the policy holder.

Return of Premium provides the policy holder back all the premium paid, if the policy holder survives the policy term.

Endowment Plan Basic features: Sum assured paid to family if policy holder dies during the policy term, or if policy holder survives the entire policy term.

If the policy holder survives the policy term, nothing is paid to the policy holder.

There are although some plans available that offer return on premiums paid if the policy holder survives the term.

If the policy holder survives the policy term, he / she will get the maturity benefits.

If the policy holder survives the term, he gets the balance sum assured.

However, there is no payout on maturity if the policy holder survives the term of coverage.

If the policy holder survives till the completion of the policy term, the maturity benefit is paid out.

If Policy holder survives 15 years, then the Maturity amount (i.e., the combined total of Maturity Sum Assured plus the Loyalty Additions) will be provided as mentioned below:

Maturity Benefit — In case the policy holder survives the entire tenure of the policy then he / she will be liable to avail maturity benefit as final instalment of survival benefit along with terminal bonus plus vested simple reversionary bonus.

Should the policy holder survive the entire term of the policy, this «return of premium» product will offer cash back in an amount that is equal to all of the cumulative base premiums that were paid into the policy at the end of the set policy term.

Sum assured (in case of death of the policy holder before maturity) is 10 lakhs and maturity amount (applicable only if the policy holder survived the tenure) is Rs. 23, 10,000.

Not exact matches

You make money only if the deaths are less than 0.2 % of your policy holders or more than 99.8 % survive.

Saving for the future: An endowment policy, in particular, ensures that the policy - holder saves regularly over a specific period of time so that they will receive a lump sum amount on the policy maturity in case they survive the policy term.

However, it is important to complete at least five policy years, or the policy holder must survive till the end of the policy.

The policy holder can get the maturity benefit only if s / he is able to survive the complete tenure of the policy.

Critical Illness Insurance Policy will help the insurance holder to survive respectfully and getting guidance against the unforeseen medical situation.

In the event of the life assured surviving the policy term, the basic Sum Assured with all accrued bonuses is paid out to the policy holder.

The policy holder receives the maturity benefit or return of all the premiums paid if he survives till the policy matures.

But if insurer survived till policy term end then policy holder will not get anything.

Maturity benefit: In case the life assured survives through the complete policy term, then the policy holder will get an amount equal to the sum assured along with all the accrued bonuses.

Critical Illness Insurance Policy will help the policy holder to survive respectfully and getting guidance against the unforeseen medical situPolicy will help the policy holder to survive respectfully and getting guidance against the unforeseen medical situpolicy holder to survive respectfully and getting guidance against the unforeseen medical situation.

There may be some plans that offer to return the premiums paid by the policy holder if he survives.

When the pension plan holder survives through the policy term, he / she is liable to receive the accumulated corpus and enjoy the retirement period.

In case you (policy holder), survive the term of the policy, you get survival benefits.

If the life insured survives till the end of the policy term, Sum Assured on Maturity + Vested simple reversionary bonus + Final Additional Bonus (if any) is payable to the policy holder.

It is the amount which the insurance company pays to the policy holder on the completion of the Policy Term, if the Life Insured has survived the entire duration of the Ppolicy holder on the completion of the Policy Term, if the Life Insured has survived the entire duration of the PPolicy Term, if the Life Insured has survived the entire duration of the PolicyPolicy.

If the surviving life dies during the monthly payout period, then the monthly payment will continue to be paid to the legal heir (s) of the policy holder.

Other providers offer a «mid-term benefit» in which the policy holder is paid 40 % of the premium paid till date if he survives half of the policy's term.

A life insurance policy will go a long way in assuring you that your family will be taken care of in your absence and TROPs are perfect for policy holders who expect to survive the term of the policy.

It helps the policyholder to get lump sum amount on the policy maturity in case he / she survives the policy term and policy pay the full sum assured along with accrued bonuses to the nominee if the policy holder dies during the policy term.

A policy holder needs to survive for a period of at least 30 days after diagnosis of critical illness before she can make the claim.