Sentences with phrase «tenure of the plan»

The minimum tenure of this plan is 10 years and the maximum tenure is 35 years.

The premiums under the plan can either be paid for the entire tenure of the plan or for a limited tenure.

Hence maximum age of entry would also depend on tenure of the plan.

The policy tenure of the plan ranges from 10 - 30 years and so is the premium payment tenure.

Companies consider the facts like age and sex of the insured, lifestyle, amount of cover needed, tenure of the plan etc. while decide the premium.

The premium payment time period of the policy is around 6 years lesser than the actual tenure of the plan taken by the buyer.

Premiums under the plan are payable for the entire tenure of the plan under the Regular Pay option of premium payment

Tenure of this plan of 12 years is very low.

Premium has to be paid by the policy holder, year on year, till the full tenure of the plan.

Depending on the type of plan, the death benefit may stay the same over the whole tenure of the plan (standard term plans), decrease (decreasing term plans) or increase (increasing term plans).

You can pay lump sum for the premiums at the beginning of the policy or for the complete tenure of the plan

SBI Life — eShield: The minimum tenure of this plan is 5 years and the maximum tenure is 30 years.

Premiums under the plan are supposed to be paid for the entire tenure of the plan under the Regular pay Option of premium payment.

The premiums under the plan are to be paid for the entire tenure of the plan under the Regular Pay option of premium payment

Also, there is the flexibility of choosing the coverage and tenure of the plan.

The plan has a unique feature of Family Income Benefit under which, after the death of the insured during the tenure of the plan, 10 % of the chosen Sum Assured is paid every year till the end of the plan tenure subject to a minimum of 3 payments and a maximum of 10 payments.

In case of death of the insured during the tenure of the plan, the basic Sum Assured chosen at the time of buying the plan is paid subject to a minimum of 105 % of all premiums paid till the date of death.

Under another benefit called the Funding of Future Premiums, in case of death of the insured during the tenure of the plan, the company waives off the premiums and pays it towards the plan itself.

In case of death during the tenure of the plan, the Sum Assured on death is payable which will be higher of Sum Assured or 10 times the annualized premium with a minimum of 105 % of aggregate premiums paid till demise of the insured

If the insured dies during the tenure of the plan, the Guaranteed Death Benefit along with the accrued Paid - up Additions and any Terminal Bonus is paid to the nominee

In case of death during the tenure of the plan, the Sum Assured on death is payable which should be higher of Sum Assured or 10 times the annualized premium with a minimum of 105 % of aggregate premiums paid till death and vested bonuses

In case of death during the tenure of the plan, the Sum Assured on death is payable and it is higher of 1.75 times the Sum Assured or 10 times the yearly premium with a minimum of 105 % of aggregate premiums paid till death and the vested bonuses

In case of death of the insured during the tenure of the plan, the death benefit payable will be higher of 10 times the annual premium or 105 % of all premiums paid till death or the Maturity Sum Assured.

In case of death during the tenure of the plan, the Sum Assured on death is payable which will be higher of Sum Assured or 10 times the annualized premium with a minimum of 105 % of aggregate premiums paid till death and vested bonuses

In case of death of the insured during the tenure of the plan, the Sum Assured is paid to the nominee

In case of death during the tenure of the plan, the Sum Assured on death is payable which is higher of Sum Assured or 10 times of annualized premium to a minimum value of 105 % of aggregate premiums paid till death and vested bonuses with accrued Guaranteed Additions

In case of death of the insured during the tenure of the plan, the Death Sum Assured is paid which is higher of the Sum Assured or 10 times the annual premium paid or 105 % of total premiums paid till the date of death or the maturity Sum Assured along with the vested reversionary bonuses and any Terminal Bonus

In case of death of the insured during the tenure of the plan, the Death Benefit is paid which is higher of the Sum Assured or 10 times the annual premium paid or 105 % of total premiums paid till the date of death or the maturity Sum Assured along with vested simple bonuses and any Terminal Bonus

In case of death of the insured during the tenure of the plan, the Sum Assured is paid subject to a minimum of 105 % of all premiums paid till the date of death.

The policyholder may additionally choose the disability benefit option under which, in case of death or disability of the insured during the tenure of the plan, the aggregate of all future premiums is paid which can be availed immediately in lump sum or can be invested in the fund where it will attract market linked returns.

The plans promise considerable benefits if the policyholder dies during the tenure of the plan.

Under the second option, Option B, in case of death of the insured during the tenure of the plan, 30 % - 80 % of the Sum Assured can be availed by the policyholder as per his choice and 110 % of the balance amount is paid over a period of 5 years in monthly instalments.

In case of death during the tenure of the plan, the Sum Assured on death is payable which will be higher of Sum Assured or 10 times the annualized premium with a minimum of 105 % of aggregate premiums paid till death and vested bonuses with accrued Guaranteed Additions

Premiums under the plan can be paid for the entire tenure of the plan or in one lump sum at the starting of the plan

The rider states that if the parent who is the policyholder and life insured under the plan dies during the tenure of the plan, all future premiums payable under the plan will be waived and paid for by the company.

In case of death of the insured during the tenure of the plan, the Death Benefit is paid which is higher of the Sum Assured or 10 times the annual premium paid or 105 % of total premiums paid till the date of death or the maturity Sum Assured

The Premium Payor Waiver Rider waives the future premiums when the insured dies during the tenure of the plan and the Accidental Benefit Rider with total and permanent disability benefit provides an additional lump sum amount in case the insured suffers accidental death or total and permanent disability.

These plans are called the basic form of insurance since they provide only for the death of the insured during the tenure of the plan and no maturity value.

In case of death during the tenure of the plan, the Sum Assured on death is payableand it is higher of 150 % or 130 % of basic Sum Assured or 105 % of sum of premiums which were paid untildeath or Sum Assured as on maturity

In case of death of the insured during the tenure of the plan, the death benefit will be payable which will be higher of the Sum Assured or 10/7 times the annual premium paid depending on the age of the policyholder or 105 % of all premiums paid till the date of death.

It's a traditional Birla Sun life term plan where the premiums are required to be paid for the entire tenure of the plan.

There are two coverage options under the plan namely Level Sum Assured where the Sum Assured remains uniform throughout the tenure of the plan and Increasing Sum Assured where the Sum Assured increases every year @ 5 % or 10 % as chosen by the policyholder.

The plan promises multiple benefits in case of insured's death during the tenure of the plan.

In case of death of the insured during the tenure of the plan, higher of the available Sum Assured as on the date of death or 10 times the annual premium or 105 % of all premiums paid till death is payable to the nominee

In case of death of the insured during the tenure of the plan, higher of the Guaranteed Sum Assured on death or 10 or 7 times the annual premium depending on the age of the insured is paid along with the vested bonuses subject to a minimum of 105 % of all premiums paid till the date of death.

A traditional money - back plan which provides periodic payments over the tenure of the plan.

The option enables the policyholder to increase the Sum Assured during the tenure of the plan up to a maximum of Rs. 50 lakhs at important milestones of the insured's life like marriage and childbirth.

In case of death of the insured during the tenure of the plan, higher of the chosen Sum Assured or 10 times the annual premium is paid to the nominee subject to a minimum of 105 % of all premiums paid till the date of death.

Under Option B, in case of death of the insured during the tenure of the plan, the Sum Assured and an additional Accidental Death Benefit is paid to the nominee.