Sentences with phrase «term till death»

Not exact matches

But instead of wringing our hands about so - called gray divorces and seeing those long - term marriages as failures, perhaps we should consider marriage as more «till the kids part» than «till death do us part.»

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.

Whole - Life Plan — insurance company collects premium from the insured till the retirement or the term of the policy and pays the claims to the nominees only after the death of the insured person.

Till then all we can do is use the overall death claims ratio, which need not necessarily be a good indicator when deciding on our a term insurance plan, like you saw in the example above.

In case of the insured dying, higher of the Fund Value or 105 % of premiums paid till the date of death or (0.5 * annual premium * term) is paid to the nominee

In case of death of the insured during the term of the plan, the Sum Assured is paid subject to a minimum of 105 % of the total premiums paid till death

This Kotak Life pension plan offers multiple annuity options of Lifetime Income, Lifetime Income with cash back wherein the Purchase Price is returned on death of the annuitant, Lifetime Income with a Term Guarantee wherein the annuity payouts are guaranteed for 5, 10, 15 or 20 years and thereafter payable for the annuitant's lifetime and Last Survivor Lifetime Income wherein the annuity payouts are paid for the annuitant's lifetime and post his death, the annuity payouts continue till the death of the spouse

If the policyholder survives till the completion of the Premium Paying Term, the Sum Assured on Maturity is paid and in case of death during this period, the Sum Assured on death which is higher of the Sum Assured on maturity or 11 times the annual premium is paid with the accrued reversionary bonuses.

This Kotak Life pension plan offers multiple annuity options of Lifetime Income, Lifetime Income with cash back wherein the Purchase Price is returned on annuitant's death, Lifetime Income with a Term Guarantee wherein the annuity payouts are guaranteed for 5, 10, 15 or 20 years and thereafter payable for the annuitant's lifetime and Last Survivor Lifetime Income wherein the annuity payouts are paid for the annuitant's lifetime and post his death, the annuity payouts continue till the death of the spouse

On death of the insured during the term of the plan, higher of the Sum Assured or 10 times the annual premium is paid along with vested reversionary bonuses and terminal bonus, if any subject to a minimum of 105 % of all premiums paid till death

If joint life plan, on death of the first policyholder, the sum assured is paid out but the plan remains in force till the death of the second life or till the end of the policy term, whichever is earlier Additional sum assured is paid if the second life also dies prior to maturity

All future premiums are waived off and paid for by the company under the Additional Savings Benefit, an amount equal to an annual premium is paid every year till the end of the term under the Income Benefit and on Maturity, total Fund Value including the top - up Fund Value which was automatically allocated to the Secure Fund on death is paid

Thereafter, a fixed monthly income which was chosen at inception is paid to the nominee following the month of death till the end of the term subject to a minimum period of 4 years.

Guaranteed Cash Benefits @ 1 % of the Guaranteed Maturity Benefit in case of monthly mode or 11.5 % in case of annual mode is paid from the end of PPT till end of term or death whichever is earlier

If it is a joint life plan, on the death of the first life insured, the sum assured is paid out and the plan continues as long as the second life is alive or till the end of the term, whichever is earlier.

On death of the policyholder, higher of the Sum Assured or 105 % of all premiums paid till death or (0.5 * term * annual premium) is paid

In the event of death of the policyholder, the future premiums are waived off through the inbuilt Waiver of Premium rider but the policy continues to run till the end of policy term

The policy is valid till a term of a number of years (term life) or the death of the insured person (whole life).

In case of «Whole Life Plan'the policy holder is obliged to pay a fixed amount of premium on a regular basis till the term of the policy, failing which will cease the death benefit payable under the policy.

A whole life is a policy you pay till death of the policy holder and term life is a policy for a fixed amount of time.

The policy term is of 1 year after which it is renewable till death.

Some people seem to think of term life insurance as a kind of a marriage, holding on to the policy in sickness and in health, till death do they part.

Family income Benefit: Under this rider, 1 % of sum assured is will be paid every month for a guaranteed period of 10 years or till the end of the rider term whichever is higher, if the life assured dies due to the accidental death or becomes totally and permanently disabled due to an accident.

In the unfortunate event of your death or suffering from Permanent Total disability (PTD) due to an accident, whichever is earlier during the Policy term, provided that all the the premiums are paid till death, the sum assured along with the sum of all premiums paid will be paid.

■ The additional death benefit can be taken as lump sum or as 25 % of basic sum assured paid at the end of the each last four years and family income benefit as 1 % of the basic sum assured at the end of every month following the date of death till the end of the policy term but not less than 36 monthly payments.

Sum assured: 10.67 lakh Policy term: 25 years Annual premium: 45000 Maturity value: 13.67 lakh approx at time of maturity guaranteed, plus an annual pension of something between 50000 to 1 lakh claimed till death plus 10.67 (sum assured) at death to nominee.

Family income Benefit: In this plan, 1 % of sum assured is will be paid every month for a guaranteed period of 10 years or till the end of the rider term whichever is higher, if the life assured dies due to the accidental death or becomes totally and permanently disabled due to an accident.

Family Income Benefit (FIB)-- An amount equal to 10 % of the Sum Assured will be paid on each Policy anniversary following or coinciding with the Date of Death of the Life Insured till the end of the Policy Term, but not exceeding 10 such installmentsa

On death of the life Assured during the policy term, total of the following becomes payable in lump sum: 100 % of Sum Assured, irrespective of survival benefits already paid plus accrued bonuses declared till death.

The Policy will continue even after the Death of the Life Insured till the end of the Policy Term.

Higher of [Sum Assured or 105 % of all premiums paid till the Date of Death or (0.5 X Policy Term X Annualised Premium)-RSB- and

In case of an unfortunate demise of the Life Assured during the Policy Term, provided all due premiums have been paid till the date of death, the benefit payable to the nominee is the higher of:

In the case of a reinstated Regular Pay or Limited Pay policy, if the Life Assured, whether sane or insane, commits suicide within 1 year from the date of reinstatement of the ICICI term insurance policy, the Company will refund 80 % of the premiums paid post revival till the date of death.

If death occurs after the completion of the Premium Paying Term, the accrued bonuses and any Terminal Bonus is paid to the nominee subject to a minimum of 05 % of all premiums paid till the date of death

The death benefit under this Reliance term insurance plan will be calculated as the higher of the Sum Assured or 10 times the annual premium or 105 % of all premiums paid till the date of death.

In an Increasing term plan, the sum assured or the death benefit rises throughout the policy period, maybe till a threshold limit and then remains constant.

In addition, the nominee also gets the Income Benefit, which is 10 % of the Sum Assured, every year till the end of the policy term, from the date of death of the policy holder.

In the latter case, 100 % of the basic Sum Assured is paid immediately on death and thereafter, 2 % of the basic Sum Assured is paid monthly post death till the end of the term for a minimum of 36 months.

DHFL Pramerica Family Income Plan is a decreasing term plan offered by DHFL Pramerica Life Insurance wherein the death benefit may either be payable in a lumpsum to the nominee or in equal monthly installments till the end of the policy tenure.

If the policyholder expires during the policy's term, it will immediately bestow the death benefit along with the accumulated bonus till date to the nominee.

The plan also provides regular income post the premium paying term till maturity or death thereby combining protection and income needs.

In case of death within the term of the plan, higher of the chosen Sum Assured less any partial withdrawals made 12 months prior to death or 105 % of the total premiums paid till the date of death or the available Fund Value is paid to the nominee

In the latter case, 50 % of the benefit is paid immediately on death and thereafter, 1 % of the basic Sum Assured is paid monthly post death till the end of the term for a minimum of 36 months.

This is a Double Death Benefit Plan if the life insured survives till the end of the policy term.

Besides this subscriber will not pay premium till entire policy term as well and also Death Benefit increases by 50 % once in every 5 years.

* The guaranteed death benefit applicable throughout the policy term is 105 % of the total premiums paid including top - up premiums paid, if any, till the date of death.

On death during the policy term, the nominee will get higher of the SA payable on death including bonuses or 105 % of all premiums paid till date of death

On death during the policy term higher of 10 times the annual premium or 125 % of annual premiums paid till death or lumps sum amount payable on maturity

Life Cover with inbuilt Waiver of Future Premiums payable on Accidental Total and Permanent Disability: If the policyholder suffers from an accidental total permanent disability, all the future premium till the end of policy term or death of policyholder, whichever is earlier, shall be waived and paid by the company itself.

On death of the life assured during the policy term, company pays chosen monthly benefit, increasing at 5 % every policy year to the nominee till the end of policy term or 5 years, whichever is later.