Sentences with phrase «till maturity of the policy»
If the policyholder survives till the maturity of the policy, he / she receives the maturity benefit of the policy.
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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.
It also pays back 110 % of the premiums paid, in case of your survival till maturity of the policy.
In case of survival of the life insured till maturity of the policy, all premiums paid will be returned.
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.
Apart from the death benefit, all future premiums are waived and the policy continues till the maturity of the policy.
In the term plan a fixed amount of premium is required to be paid at regular intervals till the maturity of policy.
This charge is deducted at the beginning of each policy month by cancelling units till the maturity of the policy.
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 risk coverage will be available till the maturity of the policy (i.e., 21 years).
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, you are entitled to receive 110 % of all premiums paid.
On survival of the life assured till maturity of the policy (fully paid policy), the Maturity Benefit payable is higher of Guaranteed Maturity Benefit plus vested Reversionary Bonuses plus Terminal Bonus or 100.1 % of the total premiums paid.
Offers an annual income at the end of each policy year post the premium payment till the maturity of the policy
Budget: Among a number of insurance plans available in the market, choose the one which fits your budget bearing in mind that you also need to pay adequate premiums till the maturity of the policy.
Scenario 1: He pays Regular Premiums and remains invested in the debt oriented fund till maturity of the policy and gets steady returns on his investment.
In this policy a regular premium have to pay up to selected years and after that you receive regular income till the maturity of policy
Maturity Benefits - If the insured person survives till the maturity of the policy tenure, the maturity benefit will be paid to the insured.
This policy ensures financial cover for your family plus build a corpus 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 Rs 20,000 is payable on each of coinciding with or on completion of 18, 20 & 22 years of age, as the survival benefit.
Let us understand the plan with the example of Mr. Ram Life Assured - Mr. Ram aged 35 years Plan Purchased - HDFC Life ProGrowth Plus (extra life option) Policy Term - 30 years Annual Premium - Rs 30,000 Sum Assured - Rs 7,00,000 Scenario A - Maturity Benefit: In case of his survival till maturity of the policy, the Total Fund Value as prevailing on the date of maturity is payable as a lump sum.
Scenario A: Raman Survives the Policy Term If Mr. Raman survives till the maturity of the policy term, he receives Rs 50,000 every year from the 11th to the 19th year.
In case of survival of the life insured till maturity of the policy term, he / she is entitled to receive maturity sum assured which equals to return of all the premiums paid excluding taxes, rider premiums, and additional premiums, if any.
In case of survival of the life assured till the maturity of the policy, a lump sum of basic sum assured along with vested Simple Reversionary Bonuses and Final Additional Bonus is payable, provided all the premiums have been paid.
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.
Moreover, if you do not stay invested till the maturity of the policy, you will get no loyalty additions, which are paid out along with the maturity benefit (fund value) at the end of the policy.
The policy will pay 30 % of S.A. at five years» interval till the maturity of the policy, starting ten years from the commencement of the policy.
Tata AIA Life Insurance Good Kid Plan is a non participating Unit Linked Child Plan that continues till maturity of the policy, irrespective to the life insured is alive or not.
If the life insured survives till the Maturity of the Policy and all the Premiums are duly paid, then he will receive 100 % of Sum Assured on Maturity.
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 policy terms.
At maturity of the policy (in case the Life Insured survives till the maturity of the Policy and all premiums are duly paid), you receive:
In case the Life Insured survives till the maturity of the Policy and all premiums are duly paid, then the benefits as mentioned below will be payable to the Policyholder
Maturity Benefit: Sum Assured on Maturity, which is the Sum Assured applicable under the Policy, is paid if the Life Insured survives till the Maturity of the Policy and the policy is in force.
Maturity Benefit: In case the Life Insured survives till the maturity of the Policy and all premiums are duly paid, then the benefits as mentioned below will be payable to the Policyholder on the date of maturity:
In case the policyholder survives till the maturity of the policy, he / she is entitled to receive Maturity Benefit, which is equal to the Policy's Fund Value on the date of maturity.
Rohan, i.e. Life Assured, survives till maturity of the policy and his son, Rahul, attains an age of 18 years.
Guaranteed Loyalty Additions as a percentage of average of last 60 months of fund value are added at the end of 10th policy year and thereafter every 5 years till the maturity of the policy.
In case the insured survives till the maturity of the policy, he or she receives a Maturity Benefit.
The maximum maturity age as per the plan is 75 years If the policyholder survives till the maturity of the policy, then he would be entitled to the basic Sum Assured in addition to simple reversionary bonuses and Final Additional bonus (if any).
Policyholders receive a Guaranteed Income from the sixteenth policy year till maturity of the policy.
Scenario A: Mukesh Survives the Policy Term If Mukesh survives till the maturity of the policy term, he receives Sum Assured (less survival benefits already paid) along with accrued Guaranteed Additions are payable.
Scenario A - Maturity Benefit: In case of his survival till maturity of the policy, the sum of Fund Value in the Main Account including Survival Units and Fund Value in Top - Up Accounts (if any), is payable.
Scenario A - Maturity Benefit: In case of his survival till maturity of the policy, the Fund Value (including top - up fund value) is payable at maturity, provided the policy is in - force.
Scenario A - Maturity Benefit: If Mr. Aryan survives till maturity of the policy, regular premium fund value is payable.
Let us understand the plan with the example of Mr. Ramesh Life Assured - Mr. Ram aged 35 years Plan Purchased - HDFC Life ProGrowth Super II (Extra Life Option - which offers additional death benefit in case of accidental death Policy Term - 30 years Annual Premium - Rs 35,000 Sum Assured - Rs 5,00,000 Scenario A - Maturity Benefit: In case of his survival till maturity of the policy, the Total Fund Value as prevailing on the date of maturity is payable as a lump sum.
Scenario A - Maturity Benefit: In case of his survival till maturity of the policy, the Total Fund Value is payable at maturity.
Scenario A - Maturity Benefit: In case of his survival till maturity of the policy, Total Fund value (including the Top - Up Fund Value) is payable on the maturity date.