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

Regular Pay: You can choose to pay premium till the end of the policy term annually or semi-anually

Life Cover with inbuilt Waiver of Future Premiums payable on Accidental Total and Permanent Disability: If the policyholder suffers from an accidental total permanent disability, all the future premium till the end of policy term or death of policyholder, whichever is earlier, shall be waived and paid by the company itself.

In case parents die then your kids need not pay the premium till end of the policy.

Not exact matches

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.

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

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.

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.»

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.

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.

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

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

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.

• 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.

Offers an annual income at the end of each policy year post the premium payment till the maturity of the policy

In this plan death benefits given to the nominee is the fund value of your policy or 105 % of the premium paid till the end, whichever is higher.

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.

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.

In other words, this bonus is paid as a form of reward for paying your premiums regularly till the end of the policy tenure.

At the end of your policy term, i.e., on the vesting date, the vesting benefit of your policy will be your total Fund Value subject to a Guaranteed Vesting Benefit of 101 % of the sum of all premiums and top - up premiums paid by you till the vesting date

Moreover, the premium of the policy is waived off till the end of the policy tenure or for next three years, whichever is more.

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

At the end of your policy period, you will get a maturity benefit, which will include all the premiums you have paid till date, plus revisionary bonus and terminal bonus.

The survival benefit payment is paid at the end of the premium paying term and on successful completion of every subsequent year till the policyholder survives or policy anniversary prior to the date of maturity.

If the policyholder has paid all the premiums that is the full amount and survives till the end term of the policy than the Maturity Benefit will be included in the Sum quoted on the maturity plus the vested Simple reversionary benefits and the Final Additional Bonus if any is there will be added.

For every five years till the policy ends, guaranteed money back of 200 % of annualised premium.

At the end of the premium paying term, in the example above, the LIC will start paying you 8 % of Rs 1 lakh or Rs 8000 every year till the policy matures.

You will receive a Guaranteed Monthly Income (in arrears) after the end of the premium payment term on survival of the Life Assured at the end of every month till the end of the policy term.

On survival of the life assured till maturity, 200 % of the annual premium will be paid at the end of each year from 16th to 30th year from policy commencement.

Return of Premium Option: If the policyholder survives till the end of the policy term, he will receive the total premiums paid under this plan option.In case of life assured's death or being diagnosed with any of the Terminal Illness during the Policy Term a Lumpsum benefit will be paid to the nopolicy term, he will receive the total premiums paid under this plan option.In case of life assured's death or being diagnosed with any of the Terminal Illness during the Policy Term a Lumpsum benefit will be paid to the noPolicy Term a Lumpsum benefit will be paid to the nominee.

Death Benefit: If the policyholder dies before the end of the policy term, the nominee shall be paid higher of the fund value or sum assured (minus partial withdrawals, if any) or the minimum death benefit that is 105 % of the total premium paid till the date of the death

Death Benefits: If the policyholder dies before the end of policy term, the nominee shall be paid the higher of the sum assured (minus partial withdrawals, if any) or the total fund value or 105 % of the total premiums paid till the date of the death

Guaranteed Money Back Option: If the policy is active and all premiums are paid till the premium payment term ends, a percentage of the sum assured on maturity will be paid at the end of year.

The policy continues to survive till the end with the waiver of future premiums.

This plan also returns all the premiums, in case of your survival till the end of the policy term.

In case the life insured survives till end of the policy term, he / she is entitled to receive all the premiums paid excluding taxes, rider premiums, and additional premiums, if any.

In case if Terminal Illness benefit is paid and the Life Assured survives till the end of Policy Term, all premiums paid (exclusive of service tax, rider premiums, and extra premium charged if any) will be returned back.

With the waiver of premium benefit, a child plan continues till end of the policy term, even after death and the maturity benefit is also payable.

On survival of the life insured till the end of the policy term, the higher of Fund Value (including Guaranteed Loyalty Additions) or Guaranteed Maturity Benefit of 101 % of the total premiums is payable at maturity.

In case your Policy has become Paid Up, the sum of all premiums paid (exclusive of service tax and rider premiums and extra premium if any) will be returned on survival till the end of the Policy Term.

110 % of the total premiums paid is returned back, in case of survival of the insured till the end of the policy term.