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.
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 be
Policy Term, provided
policy is in force (depending on the Maturity benefit Option chosen) as your Maturity be
policy 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.»
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.
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.
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
It is paid in lump sum when the
policy holder survives
till the
end of the
policy term and has paid all the
premiums.
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.
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.
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 no
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 nomi
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 no
Policy Term a Lumpsum benefit will be paid to the nomi
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.
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.
The plan provides for annual survival benefits from the
end of the
premium paying
term till age 99 and a lump - sum payment at the time
of maturity or on death
of the policyholder during the
policy term.
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.
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
With this option, your life cover starts increasing by 5 % every year at simple rate
till the
end of the
policy term without any increase in the
premium.
Maturity Benefit: You will receive the Sum Assured on Maturity which would be equal to 100 %
of the
premiums paid
till end of the
policy term subject to the
policy being in force.
Policy vests at the end of the policy term, and Maturity (Vesting) Benefit will be the higher of the Fund Value or Assured benefit of 101 % of total premiums paid i.e. single premium and top - up premium paid till
Policy vests at the
end of the
policy term, and Maturity (Vesting) Benefit will be the higher of the Fund Value or Assured benefit of 101 % of total premiums paid i.e. single premium and top - up premium paid till
policy term, and Maturity (Vesting) Benefit will be the higher
of the Fund Value or Assured benefit
of 101 %
of total
premiums paid i.e. single
premium and top - up
premium paid
till date.
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 be
Policy Term, provided
policy is in force (depending on the Maturity benefit Option chosen) as your Maturity be
policy is in force (depending on the Maturity benefit Option chosen) as your Maturity benefit.
On survival
of the life insured
till the
end of the
policy term, the higher of Total premiums paid including top - up premiums paid compounded @ 1 % per annum less partial withdrawals Or Balance in your Individual Policy Ac
policy term, the higher
of Total
premiums paid including top - up
premiums paid compounded @ 1 % per annum less partial withdrawals Or Balance in your Individual
Policy Ac
Policy Account.
In case
of unfortunate demise before the
end of policy term, the nominee will receive the higher
of the Fund Value or 105 %
of the total
premiums paid
till
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.
On survival
of the life insured
till the
end of the
policy term, the higher
of fund value or Assured maturity benefit (101 % * «Total
Premiums» paid
till date) less the Total Partial Withdrawals made
till date (if any) is payable on the maturity date.