Sentences with phrase «single premium plan»

As a rule, the surrender value is generally more for single premium plans where the entire premium for the policy is paid at the beginning of the policy period.

However, in case of single premium plan, you have already paid premium for all the years.

This is non participating single premium plan which offers assured guaranteed returns along with life cover to nominee after your death.

Under single premium plans, you have to pay the premium just once (and not annually).

The article discusses three examples where investors in 70s and 80s were given the impression that they were investing in single premium plans while they were asked to sign papers for multi-year policies.

There are numerous life insurance companies offering single premium plans for their customers.

Here's our pick of the 7 best single premium plan policies for the year 2013.

So, for all those who hate the fuss of premium payment, single premium plan also known as one time investment plans is like a surprise gift.

While in absence of information, we can consider a 7 % to 8 % returns on overall returns from such single premium plan.

If it is single premium plan then the percentage of sum accrued is 1 % of the premium.

Also the company is going to launch a very attractive single premium plan and other online products soon.

As a result single premium plans don't meet the requirements for tax deduction.

Under single premium plans, you pay premium just once.

By the way, taxation of maturity proceeds is a common problem for single premium plans.

On other hand, if you are low risk taker and does not believe in financial markets or does not willing to take risk from stock markets, it is always safe to invest in such single premium plans from LIC.

Single Premium — Regular Premium Plans: Depending on one's needs and premium paying capacity, one can either go in for a plan where one has to pay a lump sum premium once during the policy tenure, also known as single premium plans.

It is a non-participating single premium plan that assures guaranteed returns and offers a life insurance cover to take care of your loved ones after your death.

These plans including the LIC»S single premium plan provides insurance cover of the policyholder which means that if any unfortunate incident takes place to the insured than a lump sum amount will be given to the family.

The plan can be termed as saving cum protection single premium plan which is non-linked and participating.

Be careful while buying Single premium plans.

This is another most opted single premium plan that is offered by the leading life insurers in India.

However, traditional plans and ULIPs may face problems, especially single premium plans.

Here is the leader, LIC's Jeevan Vriddhi is the most popular single premium plan.

They reveal that getting a life cover proves to be costlier in single premium plans compared to the regular plans.

LIC Jeevan Sangam plan 831 is the latest single premium plan launched by LIC of India.

Last week, Bharti Axa Life has launched «Invest Once», single premium plan targeting young investors.

In this article, I would articulate about its features and drawbacks of LIC Bima Bachat Single premium plan.

The insurance companies are selling single premium plans.

LIC has formally launched a new single premium plan, Jeevan Utkarsh, which offers a combination of protection and savings wherein the risk cover is ten times of tabular single premium from date of commencement of risk.

All life insurance companies put together collected Rs 6,692 crore premium for individual single premium plans — a growth of 507 per cent compared to the same period last year.

LIC's Jeevan Sangam is a participating, non-linked, savings cum protection single premium plan wherein the risk cover is a multiple of single premium.

Means you have chosen single premium plan.

Under the plan, the annuity payments will start immediately from the next chosen frequency (monthly, quarterly, half - yearly or annually) after the payment of the single premium

A number of Insurance providers in India offer single premium plans which allows you to pay only once and enjoy all the benefits of the policy throughout the policy tenure.

For single premium it is ASA under single premium plans for one year.

Sir I want to know best single premium plans and when can I avail loan on this single premium policy

BSLI Immediate Annuity Plan is a traditional & non-participating single premium plan that ensures you a regular income after the retirement.

Single premium plans also offer protection against taxes.

LIC JEEVAN UTKARSH (TABLE NO - 846) LIC JEEVAN UTKARSH (TABLE NO - 846) one of the best plan for those mostly search and invested in single premium plan.

The minimum premium for single premium plan is Rs. 50, 000.

With single premium plan a borrower need to pay a one - time single premium.

Private mortgage insurance can be paid on either an annual, monthly or single premium plan.

Under a single premium plan, the entire premium covering several years is paid in a lump sum at closing.

We offer yearly pay and single premium plans.

The Wealth Transfer Life Insurance Plan is a single premium plan.

The ULIP is a single premium plan from Future Generali Life Insurance and has a policy term of 10 years.

Premiums can either be paid in lump sum at commencement under the single premium plan option or regularly for the entire duration of the term under the regular premium plan option in this HDFC term plan.

Depending on the insurance policy you select, you can opt for the single premium plan or the regular premium plan.