Sentences with phrase «policy year till»

LIC Bima Shree, Table No. 848, is a money back plan which provides guaranteed addition (GAs) at the rate of Rs. 50 per thousand of basic sum assured for first 5 policy years and Rs 55 per thousand of sum assured from sixth policy year till the year of last premium payment.

Reversionary Bonus during PPT (RB1): It accrues every year from the first policy year till the end of premium paying term and is payable on death or at the end of premium paying term, whichever is earlier.

Annual Guaranteed Addition is accrued at the end of each policy year from the 4th policy year till the completion of the policy term.

Assured Additions accrue at the beginning of every year from the 13 policy year till death or maturity under the policy.

Loyalty Additions as 0.5 % is made in the form of extra allocation of units at the end of each policy year, starting from 6th Policy year till end of the policy term.

On Rajiv's survival till maturity, cashback is payable from the 21st policy year till the 40th policy year with payout increasing at a simple rate of 6 % per annum.

Reversionary Bonus is accrued from the first policy year till the end of premium paying term and it is based on the performance of the par fund.

Special Units — Special units are added to your fund after the 12th policy year till the time of maturity.

It provides monthly money - back from 21st policy year till 40th policy year and a lump - sum benefit at the end of 40th policy y...

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.

From 41st policy year till end of policy term, Death Sum Assured would be equal to 200 % of sum assured.

2) Death Sum Assured increases at a simple rate of 6 % p.a of initial sum assured from 2nd policy year till 40th policy year.

This benefit shall increase at 5 % every policy year till the end of the policy term or 5 years, whichever is later

Policyholders receive a Guaranteed Income from the sixteenth policy year till maturity of the policy.

Get Guaranteed Sum Assured plus vested simple reversionary bonus till the end of premium payment term 10 equal installments starting from the 11th policy year till maturity of your policy.

All you need to do is choose a policy term as per your convenience and get 10 % annualized premium at the beginning of each policy year till the premium paying term.

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.

Reversionary bonuses accrue from the 6th policy year till maturity or death under this Kotak Life plan

Get Loyalty Additions every year from end of 6th policy year till maturity for both premier and online options, provided your policy is in force and all due premiums till date have been paid.

Loyalty Additions: Get Loyalty Additions every year from end of 6th policy year till maturity for both premier and online options, provided your policy is in force and all due premiums till date have been paid.

Money back benefits — Guaranteed money back benefits as a percentage of Sum Assured or Paid up will be paid at the end of every 5 policy years till maturity.

When the death occurs after the first five policy years till the policyholder turns 65 years as on the last birthday, the nominee receives the Basic Death Benefit plus the accrued Guaranteed Additions plus the accrued Reversionary Bonuses and Final Bonuses, if any.

Not exact matches

As an example, any policy aimed at preserving Generation's Me - me - me (aka Baby Boomers) Social Security is wildly popular right now because the Baby Boomers who benefit from it (at the expense of the next generations) comprise the majority of population, and those who will be harmed by it aren't realizing it till it will be their time to retire 20 - 40 years from now.

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.

A 28 - year old, non-smoking male will be required to pay premiums ranging from Rs. 7,400 to Rs. 9,000 for duration of 35 years (known as the policy term) or till maturity i.e. till the policyholder turns 70, whichever happens earlier.

The reason being that what you pay to insurance company quite a bit of this goes to agents as commissions [in India its around 25 % for first years, 15 % second and 5 % till the end] for normal endowment policy, or reitrement market linked ULIPS, there are further costs.

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.

As I indicated it was a single premium policy and I held it from 2010 till 2016, which will be more than 5 years.

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

Premium has to be paid by the policy holder, year on year, till the full tenure of the plan.

Loyalty Additions: Subject to Policy being in - force, an additional 0.70 % of fund value gets added every year from 6th year onwards till one year before maturity and 1.40 % of fund value gets added on maturity.

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

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.

Policy details is as follows - Premium - 37300 (Yearly) Tenure - 20 Years Sum assured - 7,75000 Premiums paid till date - 3, Total amount paid - 1.11 L

Currently I have spent rs. 1,40,000 in this policy (all prem paid till date) and current value is Rs. 1,59,000 [while units are not allotted from the premium of first year, as first year premium will go as a Guaranteed maturity addition and 80 % value will be added in total fund value]

My current age is 27 years and have paid 4 premiums till now.Kindly advice shall i continue with policy or surrender or make it paid up.

I feel that the traditional insurance products gives an insurance coverage even during the policy period and still if the investor is alive, he gets extra amount in form of Bonus + FAB which comes closer to 6 - 7 % which is an excellent option for long term (> 15 years) right whereas Term insurance is only till certain time or else the entire amount gets wasted..

If this 40 - year - old will fund the policy for 25 years to age 65 he would have over $ 600,000 in cash value that could generate over $ 65,000 of tax - free yearly income till he reached age 100.

Continue this policy till all EMIs are paid off in 16 years.

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

For a child, the policy can be obtained anytime after he or she is three months old till the child grows until 25 years of age for a man, but in the case of women, till the time they don't get married

The investment is ~ Rs. 19 K quarterly per year till policy end.

Policy coverage is high approx. 87 % but the investments is low around 33.9 K per year till policyPolicy coverage is high approx. 87 % but the investments is low around 33.9 K per year till policypolicy ends.

It assures the policy - holder a guaranteed income of 7.5 % of the money assured till the insurer becomes 85 years old.

Any pre existing disease till 3 years post commencement of the policy shall not be covered under the plan.

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

Policy coverage is 87 % and premium is Forty thousand (quarterly) per year till policPolicy coverage is 87 % and premium is Forty thousand (quarterly) per year till policypolicy end.