Sentences with phrase «provides guaranteed lump sum»

This plan provides guaranteed lump sum amount on maturity that helps achieve the objective of wealth accumulation.

This plan also provides guaranteed lump sum at maturity along with life cover for the entire policy term.

This plan provides guaranteed lump sum amount on matur... Read more

Whole life provides a guaranteed lump sum death benefit, guaranteed level premium and guaranteed cash value growth.

Your rider also provides a guaranteed lump sum death benefit to your beneficiary.

Not exact matches

You may also be offered the choice of buying an annuity, a product sold by life insurance companies that provides guaranteed income for life in exchange for a lump sum.

As a result, over the last few years, some annuities have been introduced that not only have a set guarantee period but also provide individuals with access to a lump sum cash advance of the future guaranteed payments.

Annuities certainly aren't for everyone, but generally I think people who feel they need more guaranteed income than Social Security alone can provide should consider putting some (but not all) of their savings into two types of annuities that are relatively easy to understand and evaluate: immediate annuities, which convert a lump sum of savings into monthly payments that begin immediately, and longevity annuities, which allow you to convert an investment now into payments that will start later, say, 10 or more years down the road.

Max Life Insurance has launched Max Life Monthly Income Advantage Plan, a traditional, participating, money - back plan that provides guaranteed monthly income for 10 years and lump sum benefit on maturity.

This plan helps you to achieve your dreams by offering lump sum amount on maturity and also provides guaranteed additions on cumulative premiums

These policies are combination long - term care life insurance contracts that provide you with many benefits, such as a guaranteed lump sum death benefit, guaranteed long - term care benefit, cash value growth and potential return of premium.

This product provides guaranteed money back payouts during the policy term along with guaranteed lump sum on maturity and bonus (es) which can be utilized by the customer to fulfill various planned milestones.

They provide reasonable coverage while investing your money and offer a guaranteed lump sum payout, called an endowment, at the end of the policy term.

They were designed to insure against the risk of superannuation, or outliving one's income, and provided a guaranteed income stream to annuitants in return for either a lump - sum or periodic investment.

Max Life Monthly Income Advantage Plan is a participating, money back life insurance plan that ensures guaranteed monthly income for 10 years plus provides lump - sum benefit of non-guaranteed bonuses at maturity that helps meet long term financial goals.

Reliance Nippon Life Super Money Back Plan provides you the guaranteed monthly income plus guaranteed periodic lump sum enables you to fulfill the family's goals.

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 income.

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.

Bharti AXA Life Super Series is a non par, Money back plan that provides a lump sum payout on completion of the premium payment term along with increasing guaranteed payouts until maturity and a lump sum payout at Maturity.

Even as the guaranteed periodic lump sums ensure financial support at crucial junctures of life, the increasing guaranteed monthly income provides an additional support to take care of increasing expenses,» Reliance Life Insurance Chief Executive Officer Anup Rau said in a release issued here.

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.

Death after first five policy years: Provided the policy is in full force, Basic Sum Assured along with accrued Guaranteed Addition, Vested simple Bonuses and final additional bonus, if any, shall be paid as lump sum or in the form of an annuity or partly in lump sum and balance in the form of an annuity to the nominee / legal heir at the then prevailing immediate annuity rates.

When you are out of cash, you can take the lump - sum amount from your annuity, but many retirees prefer to set up guaranteed payments after a specific period of time or for the rest of the life, providing a steady stream of income.