Sentences with phrase «receiving yearly payouts»

Guaranteed Annual Payouts — once the 10th policy year is completed, you will begin receiving yearly payouts until maturity or death of the Life insured (whichever is earlier)

So in case if Mr Duggal passes away his wife will get to receive the yearly payout of Rs. 65,530 all through her lifetime.

This option is especially beneficial if you plan on using your life insurance as an income replacement; your family will receive yearly payouts (over 5, 10, 15, or even 20 years) that would mimic the way your actual income comes in.

Not exact matches

They would receive around 51 % more in yearly payouts by the time they turn 65 compared to the current plan.

Based on the current payout, I'll be receiving $ 35.52 in yearly dividend income from this purchase.

Recurring payout option also allows the beneficiary to receive a lump sum benefit instead of regular monthly or yearly payouts anytime after the death of the life insured.

Option to receive the payout on a yearly, half - yearly, quarterly or monthly basis, as per your needs and requirements

The amount received is based on either fixed units per payout or fixed amount per payout on a monthly, quarterly, half - yearly or yearly basis via cheque or Direct Credit / ECS.

Recurring Payout Option: Under this payout option, the nominee receives 10 % of the sum assured on the death of life insured as an immediate payment once the claim is accepted.The balance amount of sum assured is paid either as monthly or yearly iPayout Option: Under this payout option, the nominee receives 10 % of the sum assured on the death of life insured as an immediate payment once the claim is accepted.The balance amount of sum assured is paid either as monthly or yearly ipayout option, the nominee receives 10 % of the sum assured on the death of life insured as an immediate payment once the claim is accepted.The balance amount of sum assured is paid either as monthly or yearly income.

You may choose to receive the payout on a yearly, half yearly, quarterly or monthly basis, as per your needs and requirement.

Select your payout option to receive the payout on a yearly, half - yearly, quarterly or monthly basis

This type of payout option allows the nominees to receive the portion of claim benefit as a lump sum and the remaining amount as installments in the form of a monthly or yearly income for a specified period of time depending upon the plan conditions.

You may choose to receive the payout on a monthly, quarterly, half - yearly, or yearly basis, as per your requirements.

A pension plan is a plan in which you pay once and you start receiving pension at a pre-decided frequency (choice of yearly, half yearly, quarterly, monthly payout options) for life with a guarantee of return of full purchase price in case of death of policy holder.