Sentences with phrase «spouse after the death of policy holder»

Annuity of whole life along with an option of transferring 50 % payment made to spouse after the death of policy holder.

Not exact matches

Insurance21 Replied: 28-11-2017 19:13:06 In option 6, the purchase price is returned to the nominee of the policyholder in case of policy holder's death whereas in case of option 10, after policy holder's death his / her spouse starts getting same pension as long as he or she is alive and In case of spouse death nominee gets the purchase price returned..

In option 10, after death of policy holder, his or her spouse gets the same pension amount where as this benefit is not avalable in option 6.