Sentences with phrase «suffered during the plan tenure»

Not exact matches

There is an inbuilt waiver of premium rider which is applicable in case the insured suffers permanent and total disability during the plan tenure.

If the chosen Benefit Payment Preference is Save - n - Gain under any of the plan option, in case of death or critical illness suffered by the insured during the tenure of the plan, the Sum Assured is paid to the beneficiary who is the child, all future premiums are waived off and 50 % of the premiums are paid by the company towards the plan and 50 % to the beneficiary on every premium due date and the plan continues.

The plan can be taken for a basic cover or a cover with Critical Illness benefit inbuilt in the plan option which provides an additional Sum Assured in case the life insured suffers a critical illness during the plan tenure.

Option 4 - if Rohit suffers from any terminal illness during the plan tenure, 25 % of the total Sum Assured which is Rs. 25 lakhs would be paid in lump sum.