Sentences with phrase «till death accumulated»

Not exact matches

On death, the company pays higher of the fund value or total premiums paid accumulated at a rate of 6 % per annum or 105 % of the total premiums paid till death.

In case of death post the first 5 years, the chosen Sum Assured under the LIC pension plan including the accumulated Guaranteed Additions, Simple Reversionary Bonuses and Final Additional Bonus, if any till the date of death is payable to the nominee who can avail the death benefit whether in lump sum or annuity or partly in lump sum and partly in annuity depending on his choice

Death Benefit Available — the nominee receives Sum assured + guaranteed additions accumulated till dDeath Benefit Available — the nominee receives Sum assured + guaranteed additions accumulated till deathdeath.

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.

In case of death of policy holder, the fund value accumulated till date will be paid to nominee in case death before the date of commencement of risk.