Sentences with phrase «policy till the end of the term»

It is a one time bonus that the insurer declares for the policyholders who have carried their policy till the end of the term.

Not exact matches

Monthly Income Plan — MetLife Monthly Income Plan is a participating plan guaranteeing a regular monthly income for the policy holder and his family for 15 yrs or till the end of the policy term.

Guaranteed Additions are calculated as a percentage of the Single Premium and will be added every year till the end of the policy term.

Calculated as a percentage of the single Premium, the guaranteed additions will be added every year till the end of the Policy Term.

and Sum Assured on Maturity as Maturity benefit at the end of the Policy term in case the Life Insured survives till that period and all premiums have been duly paid.

Since the plan also ensures that if he were to survive till the end of the policy term, he will receive all the premiums that he has paid over the entire term thus ensuring that he receives commensurate benefits for the premiums he invests whether it is in the form of the Death Benefit or Maturity Benefit.

Maturity Benefit: You can receive up to 120 % of the premiums * paid till end of the Policy Term, provided policy is in force (depending on the Maturity benefit Option chosen) as your Maturity bePolicy Term, provided policy is in force (depending on the Maturity benefit Option chosen) as your Maturity bepolicy is in force (depending on the Maturity benefit Option chosen) as your Maturity benefit.

A percentage of the Sum Assured on Maturity will be paid during the Maturity pay - out period starting from the end of the Policy Term till the end of the 19th year.

He continues to receive the maturity benefit in regular instalments from the end of the policy term till the end of the 19th year.

Survival Payout *: On Survival of the Life Assured till the end of the premium payment term, Survival Payouts are paid as a percentage of ONE Annual Premium which increases every year at 10 % of annual premium from the end of the premium payment term till one year before the end of the policy term.

Survival Payouts are given as a percentage of ONE Annual Premium which increases every year at 10 % of Annual Premium from the end of the premium payment term till one year before the end of the policy term

Survival Payouts are given as a percentage of Annual Premium which increases every year at 10 % of Annual Premium from the end of the premium payment term till one year before the end of the policy term

Guaranteed Renewal till the end of Premium payment Term of the base policy - No medicals at the time of renewal.

At the end of the Policy Term which also is 12 years, he receives the entire premium that he has paid till the end of the Premium Payment Term.

Dear PRASAD, To get decent returns from ULIPs, an investor has to remain invested for long - term ie till the end of the policy term.

Many of us are over here where we think the policy makers need to go on vacation till after their natural term of life ends.

(For in - force policies) On survival of the Life Assured till the end of the policy term, total fund value is payable

PNB MetLife Income Protection Plan provides dual benefits of financial protection and guaranteed saving upto 150 % of premium paid on survival till the end of policy term.»

Maturity Benefit — if the insured survives till the end of the policy term then he shall receive Maturity Sum Assured + Guaranteed Additions Accrued to date + Accrued Assured Income if opted.

Maturity Benefit — if the insured survives till the end of the policy term then he shall receive Accrued Bonus — Non Guaranteed Survival benefits already paid.

Generally it pays back the premium on survival till end of policy term.

It will also begin periodic annual pay - outs to the tune of 10 % or so of the sum assured till the end of the policy term.

Maturity Benefit — if the insured survives till the end of the policy term then he shall receive Accrued Bonus + Terminal Bonus.

Maturity Benefit — if the insured survives till the end of the policy term then he shall receive Maturity Sum Assured + Accrued Bonus + Terminal Bonus.

Simple reversionary bonuses accrue from the 3rd policy year and thereafter till the end of the term.

If the insured is diagnosed with carcinoma in situ and provided that the policy is still in effect and premiums paid up to date, all future premium payments will be waived till the end of the policy term.

If joint life plan, on death of the first policyholder, the sum assured is paid out but the plan remains in force till the death of the second life or till the end of the policy term, whichever is earlier Additional sum assured is paid if the second life also dies prior to maturity

policy year and thereafter till the end of the term.

A Guaranteed Cash Back payable @ 3 % of the Sum Assured is paid every year after the end of the Premium Paying Term and till the policy mature, i.e. the policyholder turns 99 years of age

The Guaranteed Base Income (GBI) is paid every year after the completion of the premium paying term till the end of the policy term.

At the end of the term, if the policyholder survives, he gets a regular monthly income till the end of the policy tenure, as specified in the policy (note: in case of MIPs policy tenure is longer than premium payment term).

In the event of death of the policyholder, the future premiums are waived off through the inbuilt Waiver of Premium rider but the policy continues to run till the end of policy term

If you wait till the end of your policy term to switch, you'll want to have your new policy start on the same day your current policy expires.

You can opt to cover your spouse in the same plan and also have the option to choose return of premiums on survival ^ till the end of the policy term, making this a truly flexible offering

All the premiums paid (less applicable taxes) will be returned if the policyholder survives till the end of the policy term.

Option 3 — Anant survives till 5 years of age When the policy term ends and Anant is alive, no benefit is paid as it is a term plan.

Nevertheless, if the policyholder survives till the end of the policy term, nothing is payable.

• Guaranteed returns: Your policy earns a Guaranteed Addition of 7 % per annum to 9 % per annum of the Annualized Premium (excluding taxes and any other extra premium), depending upon the policy term chosen by you, till the end of the policy term which is payable at maturity.

GA equal to 7 % per annum of BSA will accrue at the end of each policy year till the premium payment term, subject to all due premiums are paid and the policy is in - force till that point in time.

The reason why money back policy is important is that it provides funds on regular intervals after a certain period of time till the end of the policy term.

Bharti AXA Life Elite Advantage Plan This plan offers guaranteed payouts and provides comprehensive protection till the end of the policy term.

Extended Benefit if the life assured survives till the end of the policy term, the policy will continue till the life assured attains the age of 100 years.

In case the Life Assured survives till the end of the Policy Term, provided all due premiums have been paid, the Sum Assured plus accrued bonus and Terminal Bonus, (if any) will be payable.

On diagnosis / undergoing the surgical procedure of the Minor or Moderate critical illness, premiums will be waived off for the period of 5 policy years or till the end of the policy term, whichever is earlier.

■ The additional death benefit can be taken as lump sum or as 25 % of basic sum assured paid at the end of the each last four years and family income benefit as 1 % of the basic sum assured at the end of every month following the date of death till the end of the policy term but not less than 36 monthly payments.

Offers maturity benefit on survival of the life assured till the end of the policy term.

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

Lump Sum, Lump Sum + Monthly Income, Monthly Income for a fixed term, Monthly Income till the end of your policy term.

Maturity Benefit if life assured survives till the end of policy term (Available only with option 3 and 4)

The Policy will continue even after the Death of the Life Insured till the end of the Policy Term.