Sentences with phrase «remaining death benefit payable»

The CI Sum Assured shall accelerate the Death Benefit to the extent of the CI Sum Assured with the remaining Death Benefit payable on death.

Not exact matches

If you are the beneficiary, the death benefits remain payable indefinitely provided the owner did not allow the policy to lapse, or cash it in before he or she passed away.

Accelerated Death Benefit — available to insured employees with a life expectancy of 12 months or less allowing them to collect a percentage of their life insurance benefit early and the remaining benefit is then payable to the benefBenefit — available to insured employees with a life expectancy of 12 months or less allowing them to collect a percentage of their life insurance benefit early and the remaining benefit is then payable to the benefbenefit early and the remaining benefit is then payable to the benefbenefit is then payable to the beneficiary.

Although the death benefit amount decreases, the premium payable remains constant throughout the policy tenure.

Death Benefit Option 3: Lump sum plus Regular Income: A proportion of death benefit is payable as a lump sum on death & the remaining amount as a regular inDeath Benefit Option 3: Lump sum plus Regular Income: A proportion of death benefit is payable as a lump sum on death & the remaining amount as a regular Benefit Option 3: Lump sum plus Regular Income: A proportion of death benefit is payable as a lump sum on death & the remaining amount as a regular indeath benefit is payable as a lump sum on death & the remaining amount as a regular benefit is payable as a lump sum on death & the remaining amount as a regular indeath & the remaining amount as a regular income.

The first instalment will be paid to the nominee after the settlement of claim and the remaining 10 instalments will be paid on each of the following death anniversary of the Life Assured plus Additional benefit shall be payable along with the last annual instalment.

In the event of death of the insured before the completion of 5 years, the income benefit amount for the remaining years will be payable to the insured's nominee.

In case of death during the payout period (16th to 30th year), the maturity benefit for the remaining payout period is then payable to the nominee.

Any remaining annuity installments till the date of death is also payable with the Death Bendeath is also payable with the Death BenDeath Benefit.

In case of death of the any insured member (whosoever dies first out of the 2 lives or both lives die together) after payment of Terminal Illness Benefit, remaining amount of the Sum Assured is payable and contract will terminate thereafter.

In case of death of the any insured member after payment of Terminal Illness Benefit, remaining amount of the Sum Assured is payable and contract will continue for the 2nd life till death of 2nd life or expiry of policy term, whichever is earlier.

In case of death of the insured member after payment of Terminal Illness Benefit, remaining amount of Base Sum Assured is payable.