Life Annuity Increasing at
a Simple Rate of 5 % per annum: Annuitant receives annuity payout for lifetime increasing at
a simple rate of 5 % per annum throughout the lifetime.
It is declared as a percentage of Sum Assured and is calculated at
a simple rate of interest.
Life Annuity Increasing at
a Simple Rate of 3 % per annum: Annuitant receives annuity payout for lifetime increasing at
a simple rate of 3 % per annum through the entire lifetime.
It's an in - built indexation benefit that offers 10 % (
simple rate of interest) increase in sum insured for each policy year to a maximum of 150 % of the basic sum insured, provided no claim has been admitted.
Not only this, the initial monthly payout increases at
simple rate of 6 % per annum and it is payable till the 40th policy year.
On Rajiv's survival till maturity, cashback is payable from the 21st policy year till the 40th policy year with payout increasing at
a simple rate of 6 % per annum.
Life Time Annuity, Life Time Annuity with 100 % Return of Purchase Price, Life Time Annuity with Return of Balance of Purchase Price, Life Time Annuity Guaranteed for 5, 10, 15 or 20 years and then for life thereafter, Life Time Annuity increasing at
a simple rate of 5 % p.a., Life Time Annuity with Return of Purchase Price in parts and Life Time Annuity with 100 % Return of Purchase Price on diagnosis of Critical Illness or Death
Over the next 10 years, Rs. 40,000 (increasing annually by 10 %
simple rate of interest of the first year monthly income) will be paid every month to the nominee.
The monthly income increases every year by 10 %
simple rate of interest of the first year monthly income.
For a 33 year old individual for a cover of Rs. 50 lakhs (and for 10 years after death, a monthly income of Rs. 20,000 increasing @ 10 %
simple rate of interest of first year monthly income) for 30 years, the annual premium comes to Rs. 8146 (without accident benefit rider) and Rs. 10,553 (with an accident benefit rider of Rs. 34 lakhs).
o Death Benefit LumpSum + Increasing Monthly Income Option: In case of death of the life insured, this plan pays 50 % of the death sum assured as a lump sum and the balance amount is then paid as increasing monthly installments (@ 12 % per annum at
the simple rate of interest) for a period of 10 years.
This payout option also provides monthly income for 10 years (0.42 % of death benefit every month) increasing @ 8.5 %
simple rate of interest annually.
2) Death Sum Assured increases at
a simple rate of 6 % p.a of initial sum assured from 2nd policy year till 40th policy year.
In case his death happens immediately after paying 7th annual premium, i.e. when he has turned 41 years old, his nominee would start receiving Rs 80,000 every month in the 7th policy year, which will increase every subsequent year, at
a simple rate of 10 % of the monthly payout chosen at inception, till such time when Jeevan would have attained 60 years of age.
The plan allows a 5 %
simple rate of increase in the sum assured at the beginning of every year up to a maximum increase of 200 % of the original sum assured.
The monthly instalments increase at
a simple rate of 8.5 % p.a. and they can also be withdrawn in lump sum any time by the nominee in which case the amount will be paid after discounting it @ 6.5 %.
Monthly Income: Death Benefit is paid as monthly income for 15 years rising by 10 % annually at
a simple rate of interest.
Option D where the chosen monthly income increases by 10 %
simple rate of interest every policy year
Life Annuity Increasing at
a Simple Rate of 3 % p.a.: The annuitant shall receive an annuity pay - out throughout the lifetime increasing at
a simple rate of 3 % p.a. while no death benefits shall be payable
Option B where the chosen monthly income increases by 3 %
simple rate of interest every policy year
Life Annuity Increasing at
a Simple Rate of 5 % p.a.: Here the annuitant receives annuity pay - out for entire lifetime increasing at
a simple rate of 5 % p.a.
The income increases at an annual
simple rate of 10 % of the original monthly income amount chosen at inception.
At the end of each plan year, the Sum Assured under the plan reduces by 5 %
simple rate of interest.
The annuity payouts shall increase at
a simple rate of 3 % or 5 % annually for every complete year as per the option and will be paid for the complete life of the annuitant.
This income will also increase at
a simple rate of 8.5 % per annum.
This benefit increases every year at
a simple rate of 10 % on the first monthly benefit, i.e. the increment is offered on the 0.4 % of the Sum Assured which is paid in the first month.
The Sum Assured under the Max Life term plan increases every year at
a simple rate of 5 % till the end of the plan tenure
Under the third option, 50 % of the Sum Assured is paid as lump sum immediately on death and the rest is paid in increasing monthly instalments increasing at
a simple rate of 12 % per annum for 10 years.
Not exact matches
The idea behind the pills is
simple: foster the growth
of beneficial bacteria in the gut and curb the growth
of the bad bacteria to improve digestion, boost the immune system, and even lower
rates of certain diseases.
This
simple trick will allow you to massively boost your conversion
rate while simultaneously reducing the number
of clicks generated by unqualified leads.
The importance
of touch screens over keyboards, combined with
simple - to - use graphical interfaces, is hard to overstate in countries where literacy
rates are still low, she adds.
The team out
of the University
of Toronto that developed the quiz took a dead
simple approach to the project — just ask a bunch
of volunteers to describe exactly what makes a person charismatic, weed out duplicate answers, and then ask other volunteers to
rate the suitability
of these suggestions.
The whole concept
of inversion, and the
simpler relocation
of smaller firms» HQs, is driven by one
simple desire — to avoid America's corporate tax
rate which headlines at 35 per cent, which is the highest corporate tax
rate in the industrialized world.
While acknowledging the difficulty
of focusing, especially at work, Brauer suggested that implementing a few
simple steps in your workday can help you focus and make a dramatic difference in your
rate of work output.
However,
ratings make things
simple, so if we were going to have one, we wanted one that reflected the ideas
of many tastes, not just our own.
Millions
of people in the US have had to get a credit check for a mortgage, so when senators suggest that Wells Fargo employees opening and closing a credit card without a customer's knowledge may affect a credit score and lead to a higher interest
rate, it's
simple to understand the direct ramification.
For example, if you look at a graph
of the 10 - year Treasury
rate from the height
of its peak in 1981, at 15.41 %, to the bottom in June 2016 (during Brexit), at 1.49 %, the chart looks more like a roller - coaster ride versus a
simple straight line down.
It's quite
simple, really: Double your
rate of failure.
Although the lack
of jurisdiction over Bitcoin and its links to money laundering and illicit marketplaces have raised more than a few eyebrows, the currency offers a
simple way for legitimate businesses such as small retailers and professional service providers to accept payments for international sales without facing onerous credit card fees or exchange -
rate surcharges.
You want to go beyond
simple tallies
of likes, followers and fans and actually analyze lead conversion
rates.
In Part 1
of this blog, I introduced a
simple robust method to calculate Pharma's Internal
Rate of Return (IRR) in R&D, based only on the industry's actual historic P&L performance.
I don't know exactly what's going to happen, but
simple math based on the current level
of interest
rates leads me to believe that these risk premiums will be much wider in the future over longer time frames than they've been in the recent past.
At any
rate, if you think
of «actual» rejoining «potential» as a
simple goal
of a recovery, we've been running slow enough that we haven't crossed the goal line yet, even as the goal line has been moving towards us.
For those who prefer
simpler methods, a third measure, which just takes out volatile food items and petrol, and adjusts for the recent change to the child care rebate, shows essentially the same trend over the past couple
of years, though at a slightly lower
rate (Graph 15).
To me, the process is
simple: If you are contemplating the purchase
of a company with a high internal growth
rate (which I define as expected growth north
of 10 % for the next ten year years), and it pays no dividend or a negligible dividend, then stuff the investment in a taxable account provided you have already gotten any possible matching from a company's retirement account.
You may have heard «annual percentage
rate» and thought that «interest
rate» was just a
simpler way
of saying that.
While the extent
of the seasonal problem will be debated, monitoring year - over-year growth
rates is a matter
of simple prudence at this juncture not only for ECRI's indexes but also for other economic data.
A
simple linear regression
of stock multiples versus interest
rates demonstrates that over the very long term,
rates and market multiples are negatively correlated.
This calculator lets you find the annualized growth
rate of the S&P 500 over the date range you specify; you'll find that the CAGR is usually about a percent or two less than the
simple average.
The reason is
simple: the shipping industry has stopped hoping for a return to the freight
rate levels
of 2006 - 08 and started to plan for an altogether different set
of challenges