Sentences with phrase «promises lump sum benefits»

The plan promises lump sum benefits, monthly incomes and money - back benefits thus enhancing the benefit structure

Not exact matches

A Life Insurance with Single - premium benefits is a type in which the premium is paid in lump sum to the policy to which in return death benefits are promised to be paid until the policyholder die.

Life insurance policy is a contract between the insurers or insurance provider wherein a lump sum amount is promised as a death benefit to the beneficiary in the event of the policyholder

Life insurance policy is a contract between the insurers or insurance provider wherein a lump sum amount is promised as a death benefit to the beneficiary in the event of the policyholder's death, provided the policy was active and the premiums were paid till the insured's death.

Term plans promise the insured a lump sum benefit which will be payable to his nominee if the insured dies any time during the term opted by him.

Reliance Major Surgical Benefit Rider — the rider promises a lump sum amount to be paid to the insured if the insured undergoes any of the 33 surgeries covered under the rider of this Reliance term insurance plan.

In the event of the policyholder's death anytime during the policy term, the child / nominee receives the lump sum amount (death benefit) as promised at the time of purchasing the policy.

It promises your family a lump sum benefit in the event of your untimely demise and that too at very marginal premiums.