Sentences with phrase «receive higher death benefits»

This ensures your survivors receive higher death benefits, which is beneficial for their financial security.

Not exact matches

Death Benefit — When the policyholder dies the beneficiary receives the Base Sum Assured or 10 times the annual premium and accrued bonuses or 105 % of all premiums paid till the death, whichever is hiDeath Benefit — When the policyholder dies the beneficiary receives the Base Sum Assured or 10 times the annual premium and accrued bonuses or 105 % of all premiums paid till the death, whichever is hideath, whichever is higher.

A) Both policyowners would need to pay extremely high premiums to make up for the money the life insurance company would lose in death benefit payouts, or B) the life insurance company would go bankrupt with both policyowners paying such low premiums and then no families would receive death benefits.

In addition, since the amount of the death benefit will remain fixed throughout the term of the policy, the death benefit your family will receive will be higher.

Life Insurance Benefit: In case of the unfortunate event of death of the life insured, the nominee will receive Higher of (110 % of Sum Assured for Money Back option and 125 % of Sum Assured for Endowment option) or 11 times the base annualized Premium to support your child in a time of need.

In addition to the higher premiums, one of the main drawbacks to a guaranteed issue life insurance is that your beneficiaries wouldn't receive a full death benefit until your policy has been in force for a specific length of time (typically between one or two years, depending on the life insurance company).

Should you die while the policy is in force, your beneficiaries will receive not only your the initial face value as a death benefit, but also it's common for dividends to buy additional insurance by way of what are called «paid up additions», so the death benefit could actually be higher than the face value at the purchase of the policy.

(For in - force policies, provided the monies are not in discontinued policy fund) IN the event of death of the life assured, the nominee will receive the death benefit which will be higher of the following:

Policyowners who choose to go this route believe that it's worth it since they know they don't have much time left to live and are willing to pay absurdly high prices to make sure their beneficiaries receive the death benefit, which in this example would be $ 500,000.

In an unfortunate event of the policyholder's death, the nominee (child) receives the Death Benefit that is higher amongst the Maturity Sum Assured, 10x of the annual premium and 105 per cent of the premiums death, the nominee (child) receives the Death Benefit that is higher amongst the Maturity Sum Assured, 10x of the annual premium and 105 per cent of the premiums Death Benefit that is higher amongst the Maturity Sum Assured, 10x of the annual premium and 105 per cent of the premiums paid.

A) Both policyowners would need to pay extremely high premiums to make up for the money the life insurance company would lose in death benefit payouts, or B) the life insurance company would go bankrupt with both policyowners paying such low premiums and then no families would receive death benefits.

• Most sellers only receive as little as between 13 — 21 % of the value of the policy • All policies apply including term insurance • Brokers and other purchasers take a commission as high as around 9 % to as high as 30 % • Most brokers will only consider people who are over the age 65 or will only consider those with a chronic or terminal illness, and have policies worth at least $ 100,000 • Selling you policy can have tax implications • Selling your policy may affect your ability to qualify for government sponsored programs • You lose control of your death benefits • The buyer has access to all your medical reports including current ones

The coverage that HIV - positive applicants receive also usually involves high premiums and a modest death benefit.

Death Benefit — In the unfortunate event of death of the Life insured, the beneficiary of the policy will receive 11 times of the Annualized Premium, 105 % of all premiums paid, absolute amount assured to be paid on death equal to the Sum Assured, or the Sum Assured on Maturity (whichever is higDeath Benefit — In the unfortunate event of death of the Life insured, the beneficiary of the policy will receive 11 times of the Annualized Premium, 105 % of all premiums paid, absolute amount assured to be paid on death equal to the Sum Assured, or the Sum Assured on Maturity (whichever is higdeath of the Life insured, the beneficiary of the policy will receive 11 times of the Annualized Premium, 105 % of all premiums paid, absolute amount assured to be paid on death equal to the Sum Assured, or the Sum Assured on Maturity (whichever is higdeath equal to the Sum Assured, or the Sum Assured on Maturity (whichever is highest)

However, she finds some solace when she receives the lump sum amount of Rs 3,30,076 as death benefit, which is calculated as higher of Sum Assured on Death or 105 % of premiums paid (excluding any extra premdeath benefit, which is calculated as higher of Sum Assured on Death or 105 % of premiums paid (excluding any extra premDeath or 105 % of premiums paid (excluding any extra premium).

His wife, who is his nominee, receives the Death Benefit which is highest of the Base Sum Assured or Base Fund Value or 105 % of the premiums paid, plus an additional amount equal to Sum Assured as an accidental death benefit, as shown bDeath Benefit which is highest of the Base Sum Assured or Base Fund Value or 105 % of the premiums paid, plus an additional amount equal to Sum Assured as an accidental death benefit, as shownBenefit which is highest of the Base Sum Assured or Base Fund Value or 105 % of the premiums paid, plus an additional amount equal to Sum Assured as an accidental death benefit, as shown bdeath benefit, as shownbenefit, as shown below.

On death, higher of 101 % of premiums paid including bonus or 105 % of premiums paid up to death is paid to nominee who can either receive annuity or take the entire benefit under the HDFC pension plan

If the policyholder dies at the age of 50 years or above, the nominee will receive the Sum Assured including Top - up sum assured net of partial withdrawals or Minimum Death Benefit or Fund Value including Top - up Fund Value (Whichever is higher).

Death Benefit: Incase of demise of life assured before end of policy term, Nominee receives higher of fund value or Sum Assured

Death Benefit: In case the insured dies, the nominee shall receive the higher of base sum assured or 105 % of premiums paid or a multiple of annual base premium plus non-guaranteed accrued bonus and terminal bonus, if any

A suicide clause offers insurance companies a way to guard against situations in which an emotionally distressed policyholder purchases a high value policy and commits suicide so that their beneficiary can receive a considerable death benefit.

Death Benefit: In the event of death of the life assured during the policy term, the family would receive a Death Benefit, which is calculated as the highesDeath Benefit: In the event of death of the life assured during the policy term, the family would receive a Death Benefit, which is calculated as the highesdeath of the life assured during the policy term, the family would receive a Death Benefit, which is calculated as the highesDeath Benefit, which is calculated as the highest of:

Death Benefit: In case of death of the Life Insured during the policy term, the nominee receives the Death Benefit in a lump sum, which is computed as the highest of the folloDeath Benefit: In case of death of the Life Insured during the policy term, the nominee receives the Death Benefit in a lump sum, which is computed as the highest of the follodeath of the Life Insured during the policy term, the nominee receives the Death Benefit in a lump sum, which is computed as the highest of the folloDeath Benefit in a lump sum, which is computed as the highest of the following:

Death Benefit: In the unfortunate event of death of the life insured, the nominee is entitled to receive the higher of the folloDeath Benefit: In the unfortunate event of death of the life insured, the nominee is entitled to receive the higher of the follodeath of the life insured, the nominee is entitled to receive the higher of the following:

Life insurance is often purchased by high - net - worth families to essentially protect their estates and minimize the debt burden for heirs, either through an individual policy, or through lower cost «second to die» coverage (meaning heirs receive the death benefit after both spouses on a policy die).

Death Benefit: In the unfortunate event of death of the life insured, the nominee is liable to receive the Death Benefit, which is higheDeath Benefit: In the unfortunate event of death of the life insured, the nominee is liable to receive the Death Benefit, which is highedeath of the life insured, the nominee is liable to receive the Death Benefit, which is higheDeath Benefit, which is higher of:

Death Benefit: In case of the death of the life insured, during the policy term, the nominee is liable to receive the Death Benefit, which is higher of the following but never less than 105 % of total premiums paid to Death Benefit: In case of the death of the life insured, during the policy term, the nominee is liable to receive the Death Benefit, which is higher of the following but never less than 105 % of total premiums paid to death of the life insured, during the policy term, the nominee is liable to receive the Death Benefit, which is higher of the following but never less than 105 % of total premiums paid to Death Benefit, which is higher of the following but never less than 105 % of total premiums paid to date:

From the investment company's perspective, the shorter your life expectancy, the greater the potential profit — and the higher the percentage of your death benefit you should receive as a life settlement.

Because the death benefit proceeds are received tax - free, your spouse would benefit from a higher after - tax income.

Death Benefits: If the insured passes away during the term of the policy, the nominee receives a lump sum Death Benefit, which is computed as the highest of the following:

Death benefit Option1: In case of death of the Life Assured, nominee will receive the following: Higher of Sum Assured or Fund Value or 105 % of total premiums paid Death benefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income BeneDeath benefit Option1: In case of death of the Life Assured, nominee will receive the following: Higher of Sum Assured or Fund Value or 105 % of total premiums paid Death benefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income Bebenefit Option1: In case of death of the Life Assured, nominee will receive the following: Higher of Sum Assured or Fund Value or 105 % of total premiums paid Death benefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income Benedeath of the Life Assured, nominee will receive the following: Higher of Sum Assured or Fund Value or 105 % of total premiums paid Death benefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income BeneDeath benefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income Bebenefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income BeBenefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income Benedeath of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income Bebenefit) + Amount equal to the annual premium will be paid every year to the nominee (Income BenefitBenefit).

In addition, since the amount of the death benefit will remain fixed throughout the term of the policy, the death benefit your family will receive will be higher.

Death Benefit — In case of death of the Life Insured within the policy tenure, the nominee receives the highDeath Benefit — In case of death of the Life Insured within the policy tenure, the nominee receives the highdeath of the Life Insured within the policy tenure, the nominee receives the higher of

In the event of death of the life insured, the beneficiary is entitled to receive following benefit: For Gold Option: The higher of Sum Assured less partial withdrawals # or Fund Value is payable, subject to a minimum of 105 % of the total premiums paid, as on the date of death.

Life Insurance Benefit: In case of the unfortunate loss of life of the life insured, provided the policy is in force and all due premiums have been paid; the beneficiary / nominee would receive the Sum Assured on Death which will be the highest of the following:

In the event of death of the life insured, the beneficiary is entitled to receive following benefit: For Gold Option: The higher of Sum Assured less partial withdrawals #, Policy Account Value, or 105 % of the total premiums paid, as on the date of death.

Scenario B - Death Benefit: In the event of his death during the policy term, the nominee is entitled to receive the higher of Sum Assured (less applicable partial withdrawals) or Fund VDeath Benefit: In the event of his death during the policy term, the nominee is entitled to receive the higher of Sum Assured (less applicable partial withdrawals) or Fund Vdeath during the policy term, the nominee is entitled to receive the higher of Sum Assured (less applicable partial withdrawals) or Fund Value.

Scenario B - Death Benefit: In the event of his death during the policy term, the nominee will receive the higher of Sum Assured (including Top - Up Sum Assured) or 105 % of all premiums paid (including Top - Up premiDeath Benefit: In the event of his death during the policy term, the nominee will receive the higher of Sum Assured (including Top - Up Sum Assured) or 105 % of all premiums paid (including Top - Up premideath during the policy term, the nominee will receive the higher of Sum Assured (including Top - Up Sum Assured) or 105 % of all premiums paid (including Top - Up premiums).

Scenario B: Akhilesh dies within the Policy Term In case of demise of Akhilesh while the policy is in force, the nominee will receive the higher of the Guaranteed Death Benefit or Fund Value as on date of intimation of dDeath Benefit or Fund Value as on date of intimation of deathdeath.

In the event of death of the life insured within the policy term, the nominee will receive the higher of the Guaranteed Death Benefit or Fund Vdeath of the life insured within the policy term, the nominee will receive the higher of the Guaranteed Death Benefit or Fund VDeath Benefit or Fund Value.

Scenario B - Death Benefit: In the event of his death during the policy term, the nominee will receive the higher of Sum Assured, Fund Value or 105 % of all the premiums Death Benefit: In the event of his death during the policy term, the nominee will receive the higher of Sum Assured, Fund Value or 105 % of all the premiums death during the policy term, the nominee will receive the higher of Sum Assured, Fund Value or 105 % of all the premiums paid.

Scenario B: Akhilesh dies within the Policy Term In the event of death of Akhilesh within the policy term, the nominee will receive the higher of the Guaranteed Death Benefit or Fund Vdeath of Akhilesh within the policy term, the nominee will receive the higher of the Guaranteed Death Benefit or Fund VDeath Benefit or Fund Value.

Scenario B - Death Benefit: In the event of his death during the policy term, the nominee will receive the higher of Sum Assured (less partial withdrawals) or the Total Fund VDeath Benefit: In the event of his death during the policy term, the nominee will receive the higher of Sum Assured (less partial withdrawals) or the Total Fund Vdeath during the policy term, the nominee will receive the higher of Sum Assured (less partial withdrawals) or the Total Fund Value.

Mohan will receive the maturity benefit when his kid requires it for her higher education In case of an unfortunate event of his death before maturity of the policy, his family will get higher of Sum Assured or 105 % of the Premiums paid, plus guaranteed additions on the premiums paid.

Scenario B: Divansh dies within the Policy Term In case of demise of Divansh with - in the policy term, the nominee will receive the higher of Total Fund Value or Assured death benefit.

Although there is a two year waiting period for beneficiaries to receive the full death benefit and the cost of these policies are high, their premiums are guaranteed for life.

In case of an unfortunate demise of Ravi in the 70th policy year (at age 100 years), the nominee shall receive the lump sum death benefit of Rs. 7,00,035, which is higher of the Base Sum Assured and 105 % of total annualised premiums paid as on the date of death.