The insured shall get the Total Fund Value including Top - up Fund Value on Maturity which can be taken in lump sum or under the Settlement Option where the proceeds can be
taken in equal installments over a period of 5 years post maturity
Not exact matches
During the following school year, we will
take the amount reimbursed out of your paycheck over the 26 biweekly pay periods
in equal installments with no interest.
Your nominee will have the option to
take the death benefit
in equal monthly
installments over a period of 5 or 10 years.
The policyholder or the nominee will have the option to
take the maturity benefit or death benefit
in equal monthly
installments over a period of 5 or 10 years (as per your choice) from the date of maturity or the date of intimation of death.
Death or maturity benefit can be
taken in equal monthly
installments over a period of 5 year or 10 years (as per the choice).