Sentences with phrase «premium along with the loyalty addition»
Death Benefit is the Sum assured equal to 10 times the single premium along with the Loyalty Addition, if any, is payable.
http://www.mydailylifetips.com/
It is a single premium endowment policy which offers 10 times of your single premium along with loyalty addition.
The premium payable amount of the Jeevan Sangam Plan depends upon the age of the policyholder, the maturity sum assured amount selected and needs which change from time to time The plan is also providing a death benefit that would be ten times of the tabular single premium along with some loyalty addition.
On survival of the life assured till end of the policy term, Fund Value of Units pertaining to regular / top - up premium along with the loyalty addition, as applicable is payable.
Not exact matches
Thus, LIC Bima Bachat is a traditional money back plan with scheduled payments along with return of single premium paid plus loyalty additions at the end of the policy tenure.
If the policyholder outlives the duration of the LIC Bima Bachat policy, he / she receives the entire single premium (excluding extra premium) along with loyalty additions, if any, at the time of maturity.
Death benefit: In case of the death of the policyholder, the family of the of policyholder receives a lump sum amount as long as the policy term continues, which is 250 times the premium paid on monthly basis along with the loyalty additions.
Jeevan Saral (165) Loyalty Addition is available along with Maturity Sum Assured (MSA) on Death, Surreder or Maturity provided premiums for atleast 10 years have paid.
On successful completion of the term policy while the assured is alive i.e. when all the due premiums have been paid, Sum Assured on Maturity along with Loyalty Addition is paid.
If the investor survives the entire policy tenure, the entire premium submitted at the beginning of policy term along with the loyalty addition will be returned.
On survival of the life insured till maturity of the policy, Single premium (excluding taxes & extra premium, if any) along with Loyalty Addition (if any).
He also receives Single premium (excluding taxes & extra premium, if any) along with Loyalty Addition as the maturity benefit.
Moreover, at maturity, the single premium is returned along with the Loyalty Addition.
Understanding Following Table: Suppose if Death happens in Year 2023, then nominee will get death claim amount as 10 times of single premium i.e. 2624500 + Loyalty Addition (LA) of year 2023 in case of normal death and in case of accidental death, an additional amount eqaul to sum assured (50000) will also paid along with normal death claim.
«Sum assured on death» equal to 10 times of single premium paid along with loyalty addition, if any shall be payable.