If the policyholder survives
till the maturity of the policy, he / she receives the maturity benefit of the policy.
If the policyholder
survives till maturity of the policy, you will receive the life insurance cover along with the lump sum amount.
In case of survival of the life
insured till maturity of the policy term, 115 % of the sum assured chosen is payable, provided all due premiums have been paid.
The amount you receive will be quite substantial because the premiums you pay will accumulate and get compounded every
year till the maturity of your policy.
It means, on death or accidental permanent disability of the life assured, all future premiums will be waived and the policy will remain effective and will
continue till the maturity date.
In the event of survival of the life insured
till the maturity date, added annual bonuses and final bonus are payable.
This plan also provides survival benefits annually started from the end of the premium paying
term till maturity of the policy.
On survival of the life
assured till maturity, 200 % of the annual premium will be paid at the end of each year from 16th to 30th year from policy commencement.
A person insured if survives
till the maturity period, the person would get sum assured on maturity along with loyalty additions that would be paid in final amount.
The plan offers 101 % of premiums paid as returns even if the market sees a slowdown and offers a guaranteed loyalty addition for those who stay
invested till the maturity period.
10 % of sum assured will be payable from year of
death till maturity and on completion of the policy term maturity benefit will be also provide.
In this, the regular monthly income to the beneficiary continues
till maturity for the remaining term.
Medium - to - long term, but if the value drops, I am perfectly happy with
waiting till maturity and collecting my tax free interest.
This is a traditional participating endowment plan under which survival benefits payable every year from 5th policy
anniversary till maturity and life insurance benefit.
Even such plan was providing survival benefit after premium payment term and continues
till the maturity i.e. whole life of life insured.
Along with this amount the balance keeps increasing to cater their long term saving needs and the plan is
covered till its maturity.
A paid - up policy is one that requires no further premium payments and continues to provide
benefits till maturity.
In addition, after making first claim, all the future premiums will be waived off keeping the policy
active till maturity.
Let us now check how these policies are taxed when surrendered before maturity and when
kept till maturity.
A money back plan with three payout
options till maturity so that you can have a relaxed and peaceful retirement.
It is added at the end of the 10th policy year and every 5th policy year
thereafter till maturity / vesting of the policy.
Cash Bonus is based on the performance of the par fund and it is
payable till maturity or death, whichever is earlier.
A better idea will be to convert the policy into a paid up policy if you do nt need the
money till the maturity of the policy.
The plan has return of premium option on maturity so that the policyholder does not lose the premiums paid on
survival till maturity.
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.
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.
The model portfolio assumes equal allocation to each ETF across a period of 5 years as well as a «
hold till maturity» strategy with roll over thereafter.
With survival benefits payable every year from 5th policy
anniversary till maturity and life insurance benefit, this plan offers a perfect combination of liquidity, savings and financial protection of your family.
After the completion of premium payment term, a guaranteed monthly income will be
paid till maturity.
With this feature, on death or accidental permanent total disability of the life assured, all future premiums will be waived and the policy will
continue till the maturity date.