Sentences with phrase «surrender value factors»

Here the surrender value is equal to the vested bonuses multiplied by the related surrender value factors.

The result will depend upon multiple factors such surrender value factors, no.

For the plan under consideration, there was mention of Guaranteed Surrender Value Factors for premium and guaranteed additions and non-guaranteed surrender value factors for calculation of special surrender value.

As far s bonus is concerned, it is reduced by a factor called surrender value factor.

Basic Sum Assured (Total number of payable premiums / Number of paid premiums) + Total bonus you receive x Surrender Value Factor.

Surrender Value = Surrender Value Factor * (outstanding policy term / policy term) * total premiums paid

As far s bonus is concerned, it is reduced by a factor called surrender value factor.

Surrender value factor is a percentage of paid up value plus bonus.

Now, you stop paying after 4 years, the bonus accumulated so far is Rs. 60,000 and surrender value factor in 4th year is 30 %:

For single premium option, surrender benefit is equal to single premium including extra premium for substandard lives, if any (exclusive of Goods & Services Tax) multiplied by surrender value factor as given below:

This is the sum total of the premiums you paid multiplied by the «guaranteed surrender value factor.»

VSRB is paid only if applicable, and its value is equal to the product of accrued bonuses and surrender value factor, the latter depends on the year of surrender and minimum (surrender upon completion of 3 years) is 15.28 %, the factor goes on increasing as years increase.

The Surrender value is calculated by multiplying the Surrender Value factor with the paid - up value acquired by the plan.

The surrender value is equal to the Special surrender value which is equal to Special Surrender Value Factor x (Number of Premiums Paid / Total number of premiums payable) * (Sum of total benefits payable during payout period as described under the Maturity Benefit)

Calculation of Surrender Value = Surrender Value factor x (paidup Sum Assured + Accrued Bonuses).

Guaranteed Surrender Value Factor x Total premiums paid (up to the date of surrender, excluding taxes and extra premiums if any) less Survival Benefit (i.e. Child Benefit) paid, if any

In addition, the surrender value of any vested Simple Reversionary Bonuses, if any, shall also be payable, which is equal to accrued bonuses multiplied by the surrender value factor applicable to accrued bonuses.

Surrender Value = A Guaranteed Surrender Value factor * Paid - up value.

When all due premiums are not paid, Surrender Value = A Guaranteed Surrender Value factor * Paid - up value When all due premiums are paid, Surrender Value = A Guaranteed Surrender Value factor * Total annualized premiums paid

You want to surrender the policy — If least 3 years» premiums have been paid for a Premium Paying Term of 10 years and 2 years» premiums have been paid for a Premium Paying Term of 5 or 7 years the policy acquires Surrender Value which depends on the Guaranteed Surrender Value Factor as a percentage of the premiums paid.

If least 3 years» premiums have been paid for a Premium Paying Term of 10 years and 2 years» premiums have been paid for a Premium Paying Term of 5 or 7 years the policy acquires Surrender Value which depends on the Guaranteed Surrender Value Factor as a percentage of the premiums paid.

Not exact matches

Otherwise, the cash surrender value may be exposed to creditors depending upon a variety of factors, including local state law provisions.

A company will usually pay more than the cash surrender value, but less than the death benefit, although the exact price depends on a number of factors.

However, you need to consider many factors before surrendering your policy, such as the increase in the cash surrender value if your policy is maintained for the full term.

How much cash surrender value a policy has depends on many factors and varies from policy to policy.

If using permanent insurance the portion calculated as the «permanent benefit» takes into account premium (s) paid, accumulated and cash surrender value, and other policy factors.

In a life insurance policy, the cash value is the amount of money — before adjustment for factors such as policy loans or late premiums — that the policyowner will receive if s / he allows the policy to lapse or cancels the coverage and surrenders the policy to the insurance company.

The value will be higher of the Guaranteed Surrender Value (GSV) or Special Surrender Value (SSV) where GSV = (GSV Factor * Total Premiums paid)-- Survival Benefits alreadyvalue will be higher of the Guaranteed Surrender Value (GSV) or Special Surrender Value (SSV) where GSV = (GSV Factor * Total Premiums paid)-- Survival Benefits alreadyValue (GSV) or Special Surrender Value (SSV) where GSV = (GSV Factor * Total Premiums paid)-- Survival Benefits alreadyValue (SSV) where GSV = (GSV Factor * Total Premiums paid)-- Survival Benefits already paid

But the amount of the loan will depend on a number of factors such as surrender value and others.

Surrender Value is defined as higher of Guaranteed Surrender Value or Special Surrender Value.The GSV / SSV factors will depend on the year of surrender and not on the date of premium discontinuance.The GSV will be a percentage of Total Annualised premiums paid as expressed in the saleSurrender Value is defined as higher of Guaranteed Surrender Value or Special Surrender Value.The GSV / SSV factors will depend on the year of surrender and not on the date of premium discontinuance.The GSV will be a percentage of Total Annualised premiums paid as expressed in the saleSurrender Value or Special Surrender Value.The GSV / SSV factors will depend on the year of surrender and not on the date of premium discontinuance.The GSV will be a percentage of Total Annualised premiums paid as expressed in the saleSurrender Value.The GSV / SSV factors will depend on the year of surrender and not on the date of premium discontinuance.The GSV will be a percentage of Total Annualised premiums paid as expressed in the salesurrender and not on the date of premium discontinuance.The GSV will be a percentage of Total Annualised premiums paid as expressed in the sale brochure

If least 3 years» premiums have been paid for a Premium Paying Term of 10 years and 2 years» premiums have been paid for a Premium Paying Term of 7 years the policy acquires Surrender Value which depends on the GSV Factor as a percentage of the premiums paid.

You want to surrender the policy — If least 3 years» premiums have been paid for a Premium Paying Term of 10 years and 2 years» premiums have been paid for a Premium Paying Term of 7 years the policy acquires Surrender Value which depends on the GSV Factor as a percentage of the premisurrender the policy — If least 3 years» premiums have been paid for a Premium Paying Term of 10 years and 2 years» premiums have been paid for a Premium Paying Term of 7 years the policy acquires Surrender Value which depends on the GSV Factor as a percentage of the premiSurrender Value which depends on the GSV Factor as a percentage of the premiums paid.

Guaranteed Surrender Value = (Total premiums paid excluding premium towards Service Tax, rider and underwriting extra, if any, less Accrued Fixed Regular Additions already paid x GSV Premium Factor) + (Cash value of Accrued Fixed Regular AdditValue = (Total premiums paid excluding premium towards Service Tax, rider and underwriting extra, if any, less Accrued Fixed Regular Additions already paid x GSV Premium Factor) + (Cash value of Accrued Fixed Regular Additvalue of Accrued Fixed Regular Additions)

Total premium paid x Guaranteed Surrender Value (GSV) factor.