Sentences with phrase «policy maturity date»

Bonuses accured till policy maturity date + Terminal Bonus (if any) will be paid on the maturity of the policy.

Guaranteed Income till the policy anniversary prior to the end of the policy term or a minimum term of three policy years, whichever is higher irrespective of policy maturity date

Death Benefit payable is the Sum Assured on Death plus Assured Payouts plus bonuses accrued till policy maturity date.

This is the only guaranteed part of the endowment policies that you will get the assured sum on the policy maturity date or before in case of early death of the insured.

The Paid - up sum is paid on the policy maturity date or the death if the Life Insured.

The reduced Paid Up value is payable on the policy maturity date or on the demise of the Life Insured, before the end of the policy term.

Suppose if a policyholder dies after 5 years of policy opening but before the policy maturity date, then the sum assured on death equals to 10 times of the single tabular premium paid along with the Loyalty amount.

After payment of the Death Benefit, the policy continues till policy maturity date, on the following terms:

This product also provides flexibility to the customer to modify the policy maturity date and withdraw their savings with full maturity benefits based on their needs, said a press release issued by the company.

It provides you an option to remain invested in funds beyond the policy maturity date.

Guaranteed Additions will be added to the policy at the beginning of each quarter after the completion of the premium - payment term, until the policy maturity date.

Only fund management charge is levied to remain invested in funds beyond the policy maturity date.

Scenario B: Prakash dies during the Term of the Policy In the event of death of the life insured during the term of the policy, the death benefit payable is Sum Assured on Death plus Assured Payouts on the scheduled dates plus bonuses accrued till policy maturity date and terminal bonus.

Scenario A - Payout on Maturity: The guaranteed staggered payout benefits are paid out as 7.5 %, 7.5 %, 10 %, 10 % in the first 4 years before the policy maturity date and the balance 65 % of the Sum Assured on the policy maturity date.

In the event of death of the life insured during the term of the policy, the death benefit payable is Sum Assured on Death plus Assured Payouts on the scheduled dates plus bonuses accrued till policy maturity date and terminal bonus.

The payable benefit in critical illness is not linked to the policy maturity date.