Sentences with phrase «provides guaranteed annual payouts»
Aegon Life Guaranteed Growth Insurance Plan is a life insurance plan that provides guaranteed annual payouts for 8 years.
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Educators» defined - benefit plans typically provide retirees with guaranteed lifetime benefits, with the annual payout based on the number of years of service and annual salary in the final years of active employment.
In our example, Patricia could buy a $ 300,000 annuity at age 65 and generate a yearly payout of $ 15,040 for life, based on a recent quote provided by Cannex Financial Exchanges Ltd. (This particular annuity includes annual payout increases of 2 % designed to compensate for inflation and a 10 - year guarantee period.)
Star Union Dai - ichi's Guaranteed Money Back Plan is a traditional money back plan that provides cash payouts at regular intervals along with guaranteed annual Guaranteed Money Back Plan is a traditional money back plan that provides cash payouts at regular intervals along with guaranteed annual guaranteed annual additions.
This annual payout is guaranteed during the payout period, provided the life insured is alive and policy is in - force.
In the unfortunate case of death of the life insured at any time during the policy term of 14 years, provided the policy is in force and all premiums have been paid in full, the beneficiary would be paid the death sum assured which would be the highest of: Guaranteed Sum Assured on maturity *, 10 times of Annualised Premium, 105 % of all premiums paid (including extra premiums and modal loading), Basic Sum Assured (An absolute amount of 10 times premium, including extra premiums and modal loading) or Sum of all Guaranteed Annual Payouts.