Sentences with phrase «provide death benefits to the nominee»

This rider provides the death benefit to the nominee, which is additional to the base policy sum assured in the event of death of the life insured.

o Extra Life Option: This option provides a death benefit to the nominee, which is paid as lump sum on death.In the event of ACCIDENTAL death of the life Insured, the additional sum assured as Accidental Death Benefit is paid.

The premium component of a Term Plan comprises of the mortality charges as per the age plus very minimal policy issuance charges (which is a one time charge) to provide the death benefit to the nominees in case of the demise of the life insured during the policy term.

Not exact matches

The benefit provides a payment of Rs. 1 lakhs of the Sum Assured in lump sum to the nominee within 48 hours of death of the insured if the company has been duly notified.

This means that one can opt from various options on how death benefit is provided to nominee in case of policy holder's demise.

In case of an unfortunate demise of the Life Assured during the Policy Term, provided all due premiums have been paid till the date of death, the benefit payable to the nominee is the higher of:

If the insured has been injured or expires as a result of an accident, this rider provides an additional death or disability benefit to the nominee or the insured.

These features make endowment plan more preferable for risk - averse investors as it also provides maturity benefit apart from death benefit offered to the nominee of the policy in case of an eventuality.

Death benefit includes Sum Assured and Fund Value for plan with a cover, while plans without cover will provide the nominees with an amount equal to the fund value

Endowment Plans without Bonus Benefits: These are typically low - cost policies as they do not have any bonus benefits and provide only the assured sum amount to the nominees in the case of the insured'Benefits: These are typically low - cost policies as they do not have any bonus benefits and provide only the assured sum amount to the nominees in the case of the insured'benefits and provide only the assured sum amount to the nominees in the case of the insured's death.

In the event of death, or total or permanent disablement of the insured due to accident or sickness, this rider provides the insured of the nominee with a monthly benefit of 15 of the sum assured.

Family Income Benefit Rider: On death or permanent disability of the insured, this rider cover provides a monthly benefit of 1 % of the sum assured monthly which is 12 % per annum to the noBenefit Rider: On death or permanent disability of the insured, this rider cover provides a monthly benefit of 1 % of the sum assured monthly which is 12 % per annum to the nobenefit of 1 % of the sum assured monthly which is 12 % per annum to the nominees.

In case of unfortunate death of the life assured during the policy term, provided all the due premiums have been paid under the policy, the death benefit payable to the nominee shall be as follows

Extra Life Option: Under HDFC 3D Plus cover option, all the benefits of live cover option are provided to the policy holder along with an additional Extra Life Sum Assured option is provided to the nominee in the event of accidental death of the policy holder.

BSLI Accidental Death Benefit Rider Plus (UIN: 109B023V01): In the unfortunate event of death of the life insured due to an Accident, within 180 days of occurrence of the accident, the nominee is provided with 100 % of the rider sum assDeath Benefit Rider Plus (UIN: 109B023V01): In the unfortunate event of death of the life insured due to an Accident, within 180 days of occurrence of the accident, the nominee is provided with 100 % of the rider sum assdeath of the life insured due to an Accident, within 180 days of occurrence of the accident, the nominee is provided with 100 % of the rider sum assured.

Endowment life insurance products hence provide life protection throughout the term of the policy contract, that is to say in the event of eventuality the defined sum assured / death benefit is payable to the nominee and in case of survival, maturity proceeds are payable as survival benefit.

A money back plan provides the death benefit to your family / nominee in the event of your demise.

The death benefit is payable if the policyholder dies an unfortunate death during the policy term, the death benefit is payable to the nominee provided the policy is premium paying.Death sum assured is higher of:

This rider provides extra financial benefits to your nominee in case of your death due to an accident.

The product offers comprehensive death benefit to the nominee in case of death of Life Insured during the policy term, provided the policy is in force.

The plan provides Coverage for the entire policy tenure, i.e. in case the Life Assured dies anytime during the policy tenure, the Death Benefit is paid to the nominee and the policy terminates.

In the event of death of the life insured before the date of maturity, the Death Benefit payable is Sum Assured on Death plus Vested Simple Reversionary Bonuses & Final Additional Bonus is payable to the nominee, provided the policy is in - fdeath of the life insured before the date of maturity, the Death Benefit payable is Sum Assured on Death plus Vested Simple Reversionary Bonuses & Final Additional Bonus is payable to the nominee, provided the policy is in - fDeath Benefit payable is Sum Assured on Death plus Vested Simple Reversionary Bonuses & Final Additional Bonus is payable to the nominee, provided the policy is in - fDeath plus Vested Simple Reversionary Bonuses & Final Additional Bonus is payable to the nominee, provided the policy is in - force.

It is an insurance plan which provides life coverage for a particular time period and the death benefit is payable to the nominee if the insured person expires within the term of the plan.

Death Benefit: In case of death of the Life Insured provided the policy is in - force and all due premiums till the date of death have been paid during the policy term, the sum assured on death will be paid to the nominee which is highesDeath Benefit: In case of death of the Life Insured provided the policy is in - force and all due premiums till the date of death have been paid during the policy term, the sum assured on death will be paid to the nominee which is highesdeath of the Life Insured provided the policy is in - force and all due premiums till the date of death have been paid during the policy term, the sum assured on death will be paid to the nominee which is highesdeath have been paid during the policy term, the sum assured on death will be paid to the nominee which is highesdeath will be paid to the nominee which is highest of:

The death benefit provides a financial cover to the nominee / family.

This insurance company pays the policy proceeds to your nominee in the event of your death during a policy term, but if you survive till the maximum maturity age the company will provide the maturity benefit as well.

Some term plans offer income benefit where a portion of the Sum Assured is given to the nominee immediately on the death of the insured and remaining amount can be given as a family income benefit to provide the regular cash flow to your dependents like in case of Sameer.

The death benefit is payable if the life insured dies during the term of the policy provided the policy is premium paying.The death benefit payable to the nominee is equal to the death sum assured under the policy.Death Sum Assured is defined as the higher of 10 times the Annualized Premium OR 105 % of all the premiums paid as on date of death of the Life Assured, OR Guaranteed Maturity Benefit (i.e. Basic Sum Assured), OR Absolute amount assured to be paid on death (i.e. Basic Sum Asbenefit is payable if the life insured dies during the term of the policy provided the policy is premium paying.The death benefit payable to the nominee is equal to the death sum assured under the policy.Death Sum Assured is defined as the higher of 10 times the Annualized Premium OR 105 % of all the premiums paid as on date of death of the Life Assured, OR Guaranteed Maturity Benefit (i.e. Basic Sum Assured), OR Absolute amount assured to be paid on death (i.e. Basic Sum Asbenefit payable to the nominee is equal to the death sum assured under the policy.Death Sum Assured is defined as the higher of 10 times the Annualized Premium OR 105 % of all the premiums paid as on date of death of the Life Assured, OR Guaranteed Maturity Benefit (i.e. Basic Sum Assured), OR Absolute amount assured to be paid on death (i.e. Basic Sum AsBenefit (i.e. Basic Sum Assured), OR Absolute amount assured to be paid on death (i.e. Basic Sum Assured).

An endowment plan offers the insurance benefit by providing the life cover or sum assured to the nominee in the event of the death of the life insured during the policy term.

An endowment plan provides the death benefit to the assigned nominee / beneficiary in the event of the death of the insured.

This rider provides an additional death benefit to the nominee, which is additional to the base policy sum assured in the event of the death of the life insured.

The death benefit provides a financial net to the nominee / family.

Death Benefit: In the unfortunate event of your death during the policy term, provided that all the due premiums are paid till death, the Sum Assured is paid to your nominee and the policy termiDeath Benefit: In the unfortunate event of your death during the policy term, provided that all the due premiums are paid till death, the Sum Assured is paid to your nominee and the policy termideath during the policy term, provided that all the due premiums are paid till death, the Sum Assured is paid to your nominee and the policy termideath, the Sum Assured is paid to your nominee and the policy terminates

In the event of the death of the life insured, the nominee stands to receive the promised sum assured while no benefit is provided if the policyholder survives through the policy tenure.

As the cover of PMJJY is for death only, the benefits will be provided to the nominee only.