Sentences with phrase «sum after maturity»

Like other plans here also you will get assured sum after maturity and in the case of the death of the policy holder the nominee will be benefited by the sum assured amount.
Like any other Life Insurance, here also you will get assured sum after maturity and in case of death of the policy holder the nominee will be benefited by the amount.

Not exact matches

Future Generali Immediate Annuity Benefits are provided in the form of bonus i.e. an additional sum that a policyholder will receive during the policy term or after maturity.
Birla Sun Life Vision Money Back Plus Plan Benefits are provided in the form of bonus i.e. an additional sum that a policyholder will receive during the policy term or after maturity.
Birla Sun Life Vision Endowment Plan Benefits are provided in the form of bonus i.e. an additional sum that a policyholder will receive during the policy term or after maturity.
In cases where the parent dies before the policy attains maturity, the child gets an assured sum only after attaining the age of 18 years.
Maturity Benefit - If the policyholder survives the entire tenure of the policy, then a maturity benefit as the sum of the guaranteed maturity benefit + vested bonus + interim bonus is paid after the completion of the policyMaturity Benefit - If the policyholder survives the entire tenure of the policy, then a maturity benefit as the sum of the guaranteed maturity benefit + vested bonus + interim bonus is paid after the completion of the policymaturity benefit as the sum of the guaranteed maturity benefit + vested bonus + interim bonus is paid after the completion of the policymaturity benefit + vested bonus + interim bonus is paid after the completion of the policy tenure.
If the life insured survives the whole tenure of the policy, then the sum assured on maturity i.e. 40 % of the basic sum assured + simple reversionary bonus + final additional bonus (if any) is payable after the maturity of the policy.
Maturity Benefit: in case the life insured survives the entire tenure of the policy then a basic sum assured amount along with the accrued bonus or simple reversionary bonus is paid to the insured as maturity benefit after the completion of whole poliMaturity Benefit: in case the life insured survives the entire tenure of the policy then a basic sum assured amount along with the accrued bonus or simple reversionary bonus is paid to the insured as maturity benefit after the completion of whole polimaturity benefit after the completion of whole policy year.
The endowment policy is a life insurance contract designed to pay a lump sum after a specific term (on its «maturity») or on death.
Maturity Benefit - If the insured person survives the whole tenure of the policy, then the maturity benefit, i.e. the total sum assured amount + reversionary bonus + final additional bonus is paid after the completion of the whole tenure of theMaturity Benefit - If the insured person survives the whole tenure of the policy, then the maturity benefit, i.e. the total sum assured amount + reversionary bonus + final additional bonus is paid after the completion of the whole tenure of thematurity benefit, i.e. the total sum assured amount + reversionary bonus + final additional bonus is paid after the completion of the whole tenure of the policy.
An endowment policy is a life insurance contract designed to pay a lump sum after a specific term (on its «maturity») or on death.
These are: • Death benefits deemed on not to increase • The maturity date payable • Death benefits that should be provided right after the maturity date is being determined • The sum amount of the total endowment benefit which includes the cash value surrendered within the maturity date that should not the very least exceed the amount payable as death benefit within the span of the contract.
After the premium payment term, at the end of every year till maturity, 10 % of the sum assured is paid to the customer as money back.
In case of survival of life assured during the policy term, Guaranteed Cash Backs as percentage of sum assured are paid after premium payment term till maturity, provided all due premiums have been paid.
In a pursuit of a product which could provide a fixed assured income and act as one of the retirement plans, I met with an Investment planner (who is LIC agent too) who has then made me believe into LICs new jeeavn Anand policies to get assured sum (with bonuses) after maturity and life cover too.
If the insured dies after 45 years of age, highest of — sum assured, 110 % of the single premium, minimum guaranteed sum assured is paid on maturity
ICICI Pru Cash Advantage: ICICI Pru Cash Advantage is a unique savings and protection focused plan offering guaranteed amount every month after the end of the premium payment term, a guaranteed lump sum amount on maturity, along with bonuses and life cover to take care of your loved one in case of your death.
LIC agent has approached me for new endowment plan for 16 years, sum assured Rs. 9,00,000, premium is Rs. 60,000 pa, maturity benefits is Rs. 21,24,187 after maturity if I opt for pension plan Rs. 16,197 pm till the death of policy holder at his death maturity benefit amount will be paid to nominee.
Additionally, maturity amount from ULIPs is tax free only if the annual premium is more than 10 times sum assured (for policies issued on or after April 1, 2012).
One can either go for a money back option which offers guaranteed payouts every year after a few years or a lump sum payout at the end of maturity of the insurance.
Where at the time of maturity you start getting regular income after your retirement and you can also choose your money lump sum amount as a part.
Endowment insurance is a type of a life insurance policy through which you can get a lump sum amount after you reach the specific period of maturity.
The total Fund Value is payable on maturity which may be taken in lump sum or availed in instalments after maturity within 5 years under the Settlement Option feature under the plan.
If the death occurs after the completion of 5 policy years but before the completion of policy tenure or before the maturity date of the policy then the sum assured amount along with the loyalty addition is payable to the nominee of the policy.
The lump sum amount is paid as maturity benefit to the insured after the completion of policy tenure.
The Fund Value is the maturity benefit which may be taken in lump sum or availed in instalments over 5 years after the maturity datethrough the Settlement Option feature under the plan.
The policyholder can choose to receive the maturity benefit as an immediate lump - sum payout or through pre-selected for a period of up to five years after the maturity date.
With the Settlement option, the policyholder can opt to receive the maturity benefit in periodical payments for five years after the date of maturity rather than as a lump sum.
Policyholders can choose to receive the Maturity Benefit as a lump sum or over a period of five years after the maturity date, as under the settlementMaturity Benefit as a lump sum or over a period of five years after the maturity date, as under the settlementmaturity date, as under the settlement option.
The policyholder can choose to receive the maturity benefit as a lump - sum amount or through pre-selected installments via yearly, half - yearly or quarterly modes for a period of up to five years after the maturity date.
She can take the Fund Value in lump sum or in instalments over 5 years after maturity.
In Unit Linked Polices instead of taking a lump sum amount at maturity, some plans provide policyholders with the option to receive the Maturity Benefits as a structured payout (periodic instalments) over a period of time (say, 5 years or any time up to 5 years) after mmaturity, some plans provide policyholders with the option to receive the Maturity Benefits as a structured payout (periodic instalments) over a period of time (say, 5 years or any time up to 5 years) after mMaturity Benefits as a structured payout (periodic instalments) over a period of time (say, 5 years or any time up to 5 years) after maturitymaturity.
After the policy matures, maturity amount which includes 40 % of sum assured + Accrued Bonuses (vested Simple Reversionary Bonuses) + Final Additional Bonus (FAB — if any) will be paid.
Reliance Super Endowment Plan Benefits are provided in the form of bonus i.e. an additional sum that a policyholder will receive during the policy term or after maturity.
The policyholder will receive a lump sum bonus at maturity, and regular guaranteed payout for 15 years after the maturity.
A percentage of sum assured, called as guaranteed addition is added to the policy after every completed year of premium payment term and thus at the time of maturity, you shall receive sum assured plus guaranteed additions.
Reliance Smart Pension Plan Benefits are provided in the form of bonus i.e. an additional sum that a policyholder will receive during the policy term or after maturity.
Maturity Benefits - The balance sum assured and the bonus are paid as the maturity benefits after the completion of tenure of theMaturity Benefits - The balance sum assured and the bonus are paid as the maturity benefits after the completion of tenure of thematurity benefits after the completion of tenure of the policy.
The various benefits of this plan include: — ● Participating whole life endowment plan ● Participation in profits by way of bonuses ● Lump sum death benefit ● Option to pay regular premium payments ● Continuity of plan even after maturity
Maturity benefit In this case total of sum assured after maturity will be paid with all bonuses added to Maturity benefit In this case total of sum assured after maturity will be paid with all bonuses added to maturity will be paid with all bonuses added to the sum.
Now if you consider bonus rate = Rs 41.00 / 1000 sum assured (this is just an example, not sure about the current accurate bonus rate), then after maturity policy holder will earn 82000 as bonus.
Once your policy matures, which is 5 years after your premium payment term, you will receive a lump sum payout equal to 50 % of the Sum Assured plus any declared Compounded Reversionary bonuses plus any Terminal Bonus, which is called the Maturity Benefit.
The plan has a lock - in period of 15 years, after which an insured person is liable to receive the maturity sum assured along with any loyalty additions.
After the date of maturity, all death claim benefits cease to exist and the policy holder is paid the agreed sum assured along with vested bonus.
Suppose if a policyholder dies after 5 years of policy opening but before the policy maturity date, then the sum assured on death equals to 10 times of the single tabular premium paid along with the Loyalty amount.
Guaranteed survival benefits shall be paid until maturity at 6 % of the sum assured after the end of 10th policy year
After receiving maturity benefits, the policyholder will receive extended life cover equal to the basic sum assured.
At the time of the maturity, insured receives sum insured plus loyalty addition i.e. after completion of 12 years.
In case of death after maturity (Extended cover period - Half of the Policy term): 50 % of Basic sum assured as death claim.
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