Sentences with phrase «term till maturity»

This charge is levied throughout the policy term till maturity, death, surrender, or discontinuance of the policy, whichever occurs earlier.

Guaranteed Addition as 1 % of the basic sum assured every year is accrued from the policy anniversary after end of the premium payment term till maturity of the policy.

This plan also provides survival benefits annually started from the end of the premium paying term till maturity of the policy.

The survival benefit equal to 8 % of Basic Sum Assured is payable every year from completion of premium paying term till maturity of the policy.

Scenario A: Raman Survives the Policy Term If Mr. Raman survives till the maturity of the policy term, he receives Guaranteed cashbacks of Rs 20,000 is payable at the end of each year after Premium Payment Term till maturity plus Rs 1,40,000 as Maturity Benefit.

The plan offers assured income benefits which are payable from the end of the premium paying term till maturity along with the financial protection of your family.

Pure Income Benefit Option: If the life insured survives during the benefit payout period (starts immediately after completion of the premium payment term till maturity of the policy), he / she will receive Annual Guaranteed Income, Special Additional Bonus, & Simple Reversionary Bonus.

E.g. if the Sum Assured is Rs 10 Lakhs then 8 % i.e. Rs 80,000 is paid every year after premium payment term till maturity.

Another bonus rate will apply after premium paying term till maturity.

Enjoys increasing Guaranteed Income which starts at the end of the premium payment term till maturity

NRI Solutions - Vision LifeIncome Plan is an NRI life insurance plan that provides life coverage and survival benefits on a yearly basis from the end of the premium paying term till the maturity date.

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

Here, regular monthly income is paid to the insured, only post completion of the premium paying term till the maturity of the plan

In case of survival of Life Assured during the Policy Term, Guaranteed * Cash Backs as percentage of Sum Assured are paid after premium payment term till maturity, provided all due premiums have been paid.

This plan is a perfect blend of income and financial protection as the survival benefits are payable every year from the end of the premium paying term till maturity and a life insurance benefit.

In case of survival of life assured during the policy term, Guaranteed Cash Backs as percentage of sum assured are paid after premium payment term till maturity, provided all due premiums have been paid.

Not exact matches

Maturity Benefit: In case the Life Insured survives till the maturity of the Policy and all premiums are duly paid, then the Maturity benefit shall be paid as Sum Assured on Maturity to the policyholder for all premium payment term and policMaturity Benefit: In case the Life Insured survives till the maturity of the Policy and all premiums are duly paid, then the Maturity benefit shall be paid as Sum Assured on Maturity to the policyholder for all premium payment term and policmaturity of the Policy and all premiums are duly paid, then the Maturity benefit shall be paid as Sum Assured on Maturity to the policyholder for all premium payment term and policMaturity benefit shall be paid as Sum Assured on Maturity to the policyholder for all premium payment term and policMaturity to the policyholder for all premium payment term and policy terms.

A 28 - year old, non-smoking male will be required to pay premiums ranging from Rs. 7,400 to Rs. 9,000 for duration of 35 years (known as the policy term) or till maturity i.e. till the policyholder turns 70, whichever happens earlier.

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.

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: You can receive up to 120 % of the premiums * paid till end of the Policy Term, provided policy is in force (depending on the Maturity benefit Option chosen) as your Maturity benefit.

A percentage of the Sum Assured on Maturity will be paid during the Maturity pay - out period starting from the end of the Policy Term till the end of the 19th year.

He continues to receive the maturity benefit in regular instalments from the end of the policy term till the end of the 19th year.

Dear Yash, ULIPs are long - term product, you may have to invest in it till policy maturity to get decent returns.

Medium - to - long term, but if the value drops, I am perfectly happy with waiting till maturity and collecting my tax free interest.

This risk can be reduced by having bonds of different maturities (diversifying with short - term, medium - term, and long - term bonds) or by holding a bond till maturity.

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.

There will be no maturity benefit payable to the policyholder if he survives till the end of the LIC online term plan tenure because it is a pure LIC term insurance plan

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 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 maturity or 11 times the annual premium is paid with the accrued reversionary bonuses.

Maturity Benefit — if the insured survives till the end of the policy term then he shall receive Maturity Sum Assured + Accrued Bonus + Terminal Bonus.

Survival benefits are paid post the completion of the premium paying term till the end of the tenure except on maturity equal to 150 % of the annual premium

One is Term Cover where no maturity benefit is payable and the other is Term with Return of Premium cover where in case of maturity, 110 % of the total premiums paid are returned back to the policyholder if he survives till maturity.

In case the insured survives till the maturity of the Max Life term plan, he or she will get 100 % of the total premiums paid under the Max Life term plan

If the policy holder survives till the completion of the policy term, the maturity benefit is paid out.

No other benefit is provided in case of maturity though some term plans do offer the premiums paid over the course of the tenure to the policyholder if he survives till maturity but such plans are priced higher.

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

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

On survival till the end of the plan term, the benefit on maturity is paid to the insurance holder and the plan continues to be in force.

After the premium payment term, at the end of every year till maturity, 10 % of the sum assured is paid to the customer as money back.

• Guaranteed returns: Your policy earns a Guaranteed Addition of 7 % per annum to 9 % per annum of the Annualized Premium (excluding taxes and any other extra premium), depending upon the policy term chosen by you, till the end of the policy term which is payable at maturity.

There is no maturity benefit in a term plan, thus, you should take a policy at least till the time you retire so that the income does not stop for the family if something were to happen to you.

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 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 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.

Offers maturity benefit on survival of the life assured till the end of the policy term.

Along with this amount the balance keeps increasing to cater their long term saving needs and the plan is covered till its maturity.

Maturity Benefit if life assured survives till the end of policy term (Available only with option 3 and 4)

Get Guaranteed Sum Assured plus vested simple reversionary bonus till the end of premium payment term 10 equal installments starting from the 11th policy year till maturity of your policy.

f insured is struck by total and permanent disablement due to an accident or illness, he or she may get future premiums payable waived off, additional monthly income of 1 % of Guaranteed Sum Aassured till the end of premium payment term, income benefits as per schedule and maturity benefits on maturity.