Since the plan also ensures that if he were to
survive till the end of the policy term, he will receive all the premiums that he has paid over the entire term thus ensuring that he receives commensurate benefits for the premiums he invests whether it is in the form of the Death Benefit or Maturity Benefit.
Maturity Benefit — if the insured
survives till the end of the policy term then he shall receive Maturity Sum Assured + Guaranteed Additions Accrued to date + Accrued Assured Income if opted.
Maturity Benefit — if the insured
survives till the end of the policy term then he shall receive Accrued Bonus — Non Guaranteed Survival benefits already paid.
Maturity Benefit — if the insured
survives till the end of the policy term then he shall receive Accrued Bonus + Terminal Bonus.
Maturity Benefit — if the insured
survives till the end of the policy term then he shall receive Maturity Sum Assured + Accrued Bonus + Terminal Bonus.
However, it is important to complete at least five policy years, or the policy holder must
survive till the end of the policy.
All the premiums paid (less applicable taxes) will be returned if the policyholder
survives till the end of the policy term.
Nevertheless, if the policyholder
survives till the end of the policy term, nothing is payable.
Extended Benefit if the life assured
survives till the end of the policy term, the policy will continue till the life assured attains the age of 100 years.
In case the Life Assured
survives till the end of the Policy Term, provided all due premiums have been paid, the Sum Assured plus accrued bonus and Terminal Bonus, (if any) will be payable.
Maturity Benefit if life assured
survives till the end of policy term (Available only with option 3 and 4)
It is paid in lump sum when the policy holder
survives till the end of the policy term and has paid all the premiums.
This is a Double Death Benefit Plan if the life insured
survives till the end of the policy term.
If the Life assured
survives till the end of policy term, there is no maturity benefit that he can avail of.
Here the amount you have paid till 30 years will not get returned after
your survive till the end of policy term.
Return of Premium Option: If the policyholder
survives till the end of the policy term, he will receive the total premiums paid under this plan option.In case of life assured's death or being diagnosed with any of the Terminal Illness during the Policy Term a Lumpsum benefit will be paid to the nominee.
Maturity Benefit: If the policyholder
survives till the end of the policy term, he shall receive maturity sum assured, that'll be the 40 % of the base sum assured, plus accrued simple reversionary bonuses plus terminal bonus, if any
If Mr. Raman
survives till the end of the policy term, Sum Assured on Maturity plus Accrued Guaranteed Loyalty Additions plus Large Premium Benefit is payable at the maturity of the policy.
In case the life insured
survives till end of the policy term, he / she is entitled to receive all the premiums paid excluding taxes, rider premiums, and additional premiums, if any.
If Mr. Raman
survives till the end of the policy term, a lump sum of Rs 5 Lacs plus accrued bonuses is payable at the maturity of the policy.
In case if Terminal Illness benefit is paid and the Life Assured
survives till the end of Policy Term, all premiums paid (exclusive of service tax, rider premiums, and extra premium charged if any) will be returned back.
If the life insured
survives till the end of the policy term, Sum Assured on Maturity + Vested simple reversionary bonus + Final Additional Bonus (if any) is payable to the policy holder.
In the fortunate cases when the policyholder
survives till the end of the policy term, you (the policyholder) or the nominee don't receive any sum as a part of this plan.
If Mr. Raman
survives till the end of the policy term, Rs 50,000 plus vested Simple Reversionary Bonuses and Final Additional Bonus is payable.
If Mr. Kumar
survives till the end of the policy term, Rs. 85,745 (Base Sum Assured) plus Rs. 93,805 (Bonus @ 8 %) or Rs. 41,672 (Bonus @ 4 %).
If Mr. Raman
survives till the end of the policy term, Rs 3 Lacs plus vested Simple Reversionary Bonuses and Final Additional Bonus is payable.
If Mr. Raman
survives till the end of the policy term, the guaranteed maturity benefit is payable at the maturity of the policy.
If one or both of the lives assured
survives till end of the policy term, Basic Sum Assured plus vested simple reversionary bonuses plus terminal bonus is payable, provided the policy is in - force.
Scenario A: Mr. Kumar Survives through the Policy Term If Mr. Kumar
survives till the end of the policy term, Rs 1.35 lacs is payable at the end of every year from 6th year to 11th year.
Case 1: Mr. Kumar Survives through the Policy Term If Mr. Kumar
survives till the end of the policy term, Guaranteed Money Back Payouts (150 % of sum assured) plus Accrued Reversionary Bonus plus Terminal Bonus is payable.
Scenario A: Mr. Kumar Survives through the Policy Term If Mr. Kumar
survives till the end of the policy term, you will receive Rs 1.5 Lacs at the end of every year from 10th to 17th year.
If Mr. Raman
survives till the end of the policy term, Rs 1 Lac plus with loyalty addition is payable.
If Mr. Raman
survives till the end of the policy term, a lump sum of Rs 15 Lacs is payable as the maturity benefit.
The Sum Assured + accrued Bonus is paid if anyone or both the husband and the wife
survives till the end of the policy tenure.
3) Maturity Benefit: If the pensioner
survives till the end of the policy tenure, they would get the purchase price of the pension plan along with last installment of the pension amount.
3) Mr.John
survives till the end of the policy.
Not exact matches
and Sum Assured on Maturity as Maturity benefit at the
end of the
Policy term in case the Life Insured
survives till that period and all premiums have been duly paid.
At the
end of the term, if the policyholder
survives, he gets a regular monthly income
till the
end of the
policy tenure, as specified in the
policy (note: in case
of MIPs
policy tenure is longer than premium payment term).
Option 3 — Anant
survives till 5 years
of age When the
policy term
ends and Anant is alive, no benefit is paid as it is a term plan.
For example, in the case
of demise
of one
of the spouses, some plans offer regular income to the
surviving partner for the fixed period
till the
policy tenure comes to an
end.
The survival benefit payment is paid at the
end of the premium paying term and on successful completion
of every subsequent year
till the policyholder
survives or
policy anniversary prior to the date
of maturity.
If the policyholder has paid all the premiums that is the full amount and
survives till the
end term
of the
policy than the Maturity Benefit will be included in the Sum quoted on the maturity plus the vested Simple reversionary benefits and the Final Additional Bonus if any is there will be added.
If Akash
survives till the
end of the term
of the
policy, he will receive the basic sum assured, which is Rs. 3,00,000 as well as the accrued bonuses and the
policy will be terminated thereafter.
But if he
survives till end of maturity
of the
policies though he wont get any returns frm term plan, but he will find he has built a huge surplus to meet his obligations at different intervals.
The
policy continues to
survive till the
end with the waiver
of future premiums.
The
policy continues to
survive till the
end of the tenure, with the waiver
of future premiums.
Scenario A: Raman
Survives the Policy Term If Mr. Raman survives till the maturity of the policy term, he receives Rs 15,000 is payable at the end of each of 3rd & 6th policy year, as the survival
Survives the
Policy Term If Mr. Raman survives till the maturity of the policy term, he receives Rs 15,000 is payable at the end of each of 3rd & 6th policy year, as the survival be
Policy Term If Mr. Raman
survives till the maturity of the policy term, he receives Rs 15,000 is payable at the end of each of 3rd & 6th policy year, as the survival
survives till the maturity
of the
policy term, he receives Rs 15,000 is payable at the end of each of 3rd & 6th policy year, as the survival be
policy term, he receives Rs 15,000 is payable at the
end of each
of 3rd & 6th
policy year, as the survival be
policy year, as the survival benefit.
Scenario A: Raman
Survives the Policy Term If Mr. Raman survives till the maturity of the policy term, he receives Rs 20,000 at the end of each of 5th, 10th, & 15th policy year, as the survival
Survives the
Policy Term If Mr. Raman survives till the maturity of the policy term, he receives Rs 20,000 at the end of each of 5th, 10th, & 15th policy year, as the survival be
Policy Term If Mr. Raman
survives till the maturity of the policy term, he receives Rs 20,000 at the end of each of 5th, 10th, & 15th policy year, as the survival
survives till the maturity
of the
policy term, he receives Rs 20,000 at the end of each of 5th, 10th, & 15th policy year, as the survival be
policy term, he receives Rs 20,000 at the
end of each
of 5th, 10th, & 15th
policy year, as the survival be
policy year, as the survival benefit.
and Sum Assured on Maturity as Maturity benefit at the
end of the
Policy term in case the Life Insured
survives till that period and all premiums have been duly paid.
Scenario A: Raman
Survives the Policy Term If Mr. Raman survives till the maturity of the policy term, he receives Rs 15,000 is payable at the end of each of 5th, 10th, 15th & 20th policy year, as the survival
Survives the
Policy Term If Mr. Raman survives till the maturity of the policy term, he receives Rs 15,000 is payable at the end of each of 5th, 10th, 15th & 20th policy year, as the survival be
Policy Term If Mr. Raman
survives till the maturity of the policy term, he receives Rs 15,000 is payable at the end of each of 5th, 10th, 15th & 20th policy year, as the survival
survives till the maturity
of the
policy term, he receives Rs 15,000 is payable at the end of each of 5th, 10th, 15th & 20th policy year, as the survival be
policy term, he receives Rs 15,000 is payable at the
end of each
of 5th, 10th, 15th & 20th
policy year, as the survival be
policy year, as the survival benefit.