Sentences with phrase «provided in a lump sum amount»

The choice between the two should depend on the convenience of the insured person, his ability to pay, and the discount provided in the lump sum amount.

Not exact matches

In this case, your bank will provide a lump - sum loan payment or extend a line of credit based on this amount.

A home equity loan, though, provides you with a single lump sum of cash, again based on the amount of equity in your residence.

While a HELOC gives you the flexibility of tapping your home's value in just the amount you need as you need it, a home equity loan provides a lump - sum withdrawal.

SIP plans provide a systematic form of investment where you can organize or plan your investment and break into smaller payments rather than invest a huge lump - sum amount in one go.

A personal loan provides the borrower with funds from a lending institution (generally a bank), whereby the full loan amount is paid in a lump sum that can be used at the borrower's discretion.

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.

If the settlement provides for the payment of a lump sum in an amount offered by the insurer and, with respect to a benefit under the Statutory Accident Benefits Schedule that is not a lump sum benefit, the settlement contains a restriction on the insured person's right to mediate, litigate, arbitrate, appeal or apply to vary an order as provided in section 280 to 284 of the Act, a statement of the insurer's estimate of the commuted value of the benefit and an explanation of hoe the insurer determined the commuted value.

An LSPO may provide for amounts to be payable in instalments or by way of a lump sum, perhaps with an interim order for sale, and the court has considerable flexibility over the scope / nature of the legal services to be covered and the duration of the order.

The death benefit for a life insurance policy is typically provided in a lump sum equal to the amount of the policy.

A Life Insurance Policy is essentially a contract between an insurance holder and an insurance company wherein the parties agree to certain conditions which provide the policyholder a lump - sum amount of money in case of his / her death.

This Critical Illness policy provides a lump sum amount to cover costs towards treatment, recuperation aids and also gives additional funds to take care of changes in lifestyle and loss of income due to decreased ability to earn.

Both term and permanent policies allow you to select an amount of coverage in exchange for your premium payments over the life of the policy, providing a lump sum payment to your beneficiaries when you die.

This HDFC life term plan provides a lump sum amount as the death benefit to the family in the event of death of the insured.

Critical illness rider provides immediate lump - sum amount in case you are diagnosed with such illnesses.

This coverage would provide lump sum amount to you or your family if you were to become dismembered or passed away in an accident.

Under term insurance plan, the insurer provides a lump sum amount to the insured, in case he / she is diagnosed with the critical illness.

A convalescence benefit is provided in the form of a lump sum amount if the insured person is hospitalized for more than 20 continuous days

This coverage would provide a lump sum amount to you or your family if you were to become dismembered or passed away in an accident.

In case of such an accident, the flight accident insurance provides a lump sum benefit amount for you or your beneficiary.

In this case, the missionaries travel insurance would provide a lump sum amount to the beneficiary, and pay for the transportation expenses to send mortal remains home to their principal residence.

In fact, with this new benefits plan, you can provide the employees you count on every day with a lump - sum amount of up to $ 10,000 to help with expenses related to the covered critical illnesses: heart attack, stroke, invasive cancer, major organ transplant (including heart), or end - stage renal (kidney) disease.

Critical Illness Insurance policies give you the additional financial benefits and provide a lump sum amount to cover the costs incurred during treatment and care, recuperation aids and even offer funds in case you are not in a position to earn money due to your health problem.

Aviva Wealth Builder: It is designed in a way that that doubles the total amount of premiums paid and provide returns it as a lump sum at maturity KNOW MORE

Protection: It is a simple term plan that provides a lump sum amount to the insured family in case of his / her unfortunate death.

It provides them an amount in a lump sum or in installments to take care of their finances or to pay for your unpaid bank loans or debts.

This is a plan that provides the nominee with a lump amount as sum assured in case of the death of the insured.

The plan ensures regular income flow for you and your family and in addition to it also provides you with a lump sum amount on maturity.

You buy a policy that provides a compensation in the form of lump sum amount to your beneficiaries when you are gone.

However, in an endowment plan at the end of the maturity period a lump sum amount of payment is given to the insurance holder, provided that the person survives the period of the insurance.

Having such a plan helps both, in financially safeguarding the family in the event of the policyholder's untimely demise before maturity of the plan, as also providing a lump sum amount on maturity of the plan if the policyholder survives.

In case of any eventuality, a term insurance plan provides a lump sum amount to the beneficiary of the policy so that the future of your dependents can be secured.

Endowment plans serve the dual purpose of insurance and investment: they provide life insurance and also help the policyholder to save money over a period of time so that you receive a lump sum amount on maturation and a life cover to secure your family's future in the event of a tragedy.

In Unit Linked Polices instead of taking a lump sum amount at maturity, some plans provide policyholders with the option to receive the Maturity Benefits as a structured payout (periodic instalments) over a period of time (say, 5 years or any time up to 5 years) after maturity.

A pure term insurance plan that provides life Insurance cover to you by paying a lump sum benefit to your family in case of an unfortunate death.Choice of single or regular premium payments and an additional amount in case of an accidental death.

Reliance Online Income Protect: It is a comprehensive insurance plan that provides lump sum amount in case of any mishap and offers regular monthly income.

The plan also provides comprehensive protection by paying a lump sum amount on death of the insured and the policy continues to be in force and benefits are paid as scheduled.

You pay charges for a decided time period and in return, the company provides a lump sum amount at the time of maturity.

LIC's Aadhaar Stambh Plan also provides financial support to the family in case of unfortunate death of policyholder before maturity and a lump sum amount the time of maturity for the surviving policyholder.

LIC's Aadhaar Shila Plan also provides financial support to the family in case of unfortunate death of policyholder before maturity and a lump sum amount the time of maturity for the surviving policyholder.

Term Insurance provides financial protection for your family in your absence by indemnifying the nominee with a lump sum amount or Sum Assured.

In a whole life insurance, the policy benefits are provided to the nominee as a one - time lump sum amount, but by choosing this rider, the nominee can exercise the option to receive benefits in installments as a guaranteed incomIn a whole life insurance, the policy benefits are provided to the nominee as a one - time lump sum amount, but by choosing this rider, the nominee can exercise the option to receive benefits in installments as a guaranteed incomin installments as a guaranteed income.

Some of the policies of term life insurance in Ireland include fixed rates for a certain amount of time and a lump sum provided to the family of the insured after death.

Choose between two Death Benefits; one that provides your family with a fixed Monthly income for 15 years, whereas the other offers your family a 50 % lump sum of the Sum Assured at Claim intimation and the remaining amount is paid out on an annual basis in increasing instalments over a period of 10 years.

Child insurance plan provides a lump sum amount on the unfortunate demise of the policyholder (parent / legal guardian), provided the policy is in - force.

b.) With the Endowment option you will get a guaranteed lump sum amount at Maturity, provided the Policy is in force, to help meet your child's dream.

This plan provides a lump sum amount at maturity in t... Read more

While health insurance will cover your medical expenses in case of hospitalisation, a critical illness plan or rider will provide a lump sum amount upfront on diagnosis of any of the listed critical illnesses, such as cancer.

By investing in an endowment plan, you can get the lump sum amount plus accumulated bonus or the fund value at the maturity of the policy, provided you have paid all the due premiums.

LIC JEEVAN AKSHAY — VI is one of the best single premium pension plan in LIC.This plan is designed to cover your basic requirements of pension and provides immediate pension from the very next month after paying a lump - sum amount.In JEEVAN AKSHAY pension amount is guaranteed for life time of the policyholder.