Sentences with phrase «till policy tenure»

In case you survive till policy tenure end, then you will get all premium paid till date.

For example, in the case of demise of one of the spouses, some plans offer regular income to the surviving partner for the fixed period till the policy tenure comes to an end.

Not exact matches

The policy tenure can be up to your expected retirement age or till the time you expect financial obligations will remain.

Premium has to be paid by the policy holder, year on year, till the full tenure of the plan.

Policy details is as follows - Premium - 37300 (Yearly) Tenure - 20 Years Sum assured - 7,75000 Premiums paid till date - 3, Total amount paid - 1.11 L

In addition to this, insurers also provide an option to cover new - born babies, from birth till the end of policy tenure.

The Family Income Benefit pays 1 % of Sum Assured every month after the insured dies and till the completion of the policy tenure

At the end of the term, if the policyholder survives, he gets a regular monthly income till the end of the policy tenure, as specified in the policy (note: in case of MIPs policy tenure is longer than premium payment term).

Death Benefit - In case of unfortunate death of the policyholder during the tenure of the policy, the beneficiary of the policy receives the death benefit as the sum assured amount, which is 105 % of the total premium paid till demise.

If the insured person dies during the tenure of the policy, then the death benefit is paid to the nominee of the policy i.e. the child as the sum assured amount, which is 105 % of the total premium paid till demise.

Means policy holder's life will not only be covered till the end of policy tenure, but till the policy holder dies.

Also, policy tenure can be selected till the expected retirement age.

>> >> > Policy TENURE — Why you stressed to take term period only till 60 years (retirement) age but not to take extended term period till 70 years age.

Usually holding a policy till you retire is ideal, but you can increase or decrease the tenure depending on your needs.

A huge amount of data, like the maximum and minimum tenure for different policies, their riders, maximum age of the person till which he can have insurance coverage, claim settlement ratio are required to be considered on different term insurance plan and more often than not you might also require some professional help.

Limited Pay, i.e. for a limited period of time while the policy continues till the end of the policy tenure

Maturity Benefits - If the insured person survives till the maturity of the policy tenure, the maturity benefit will be paid to the insured.

The premium paying tenure of the policy ranges from 10,15,20,25,20, 35 or till the early death.

In other words, this bonus is paid as a form of reward for paying your premiums regularly till the end of the policy tenure.

On survival till the end of the policy tenure, the maturity benefit is paid to the policyholder and the policy terminates

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.

Moreover, the premium of the policy is waived off till the end of the policy tenure or for next three years, whichever is more.

It is extremely essential to choose the right tenure for your term plan as it plays a major role execution of your financial plan.Before choosing your policy's tenure, keep in mind, that a policy should cover you at least till your retirement.

The plan ensures that children get the benefits for their better future, even if parents don't make it till the end of the policy tenure.

Some insurers also provides an option to cover new - born babies, from birth till the end of policy tenure or maturity.

The policy tenure is till 75 years.

The policy tenure can be up to your expected retirement age or till the time you expect financial obligations will remain.

Death Benefit: In case of death during policy tenure, 10 % of sum assured will be paid to family till maturity period.

Maturity Benefit — On survival till the end of the policy tenure, the policyholder gets Sum Assured + Accrued Guaranteed Additions.

While iProtect from ICICI Prudential has the highest maturity age till 75 years, MetProtect from Metlife has the maximum policy tenure of 35 Years.

In case of death of the Annuitant within the Policy Tenure, the nominee will receive 101 % of Total Premiums paid till date + Bonuses

The main feature of LIC's New plan — Jeevan Umang is it provides annual Survival Benefits from the end of the PPT (Premium Paying Term) till policy maturity and also pays lump sum amount at the time of maturity (or) on death of the policyholder (during the policy tenure).

Maturity Benefit — On survival till the end of the policy tenure, the policyholder gets last Guaranteed Base Income Payout + Accrued Reversionary Bonus + Interim Bonus (if any) + Terminal Bonus (if any) as Maturity Benefit and the policy terminates.

However, on survival of the Life Insured till the end of the Policy Tenure, the Maturity Benefit is paid to the policyholder and the policy termiPolicy Tenure, the Maturity Benefit is paid to the policyholder and the policy termipolicy terminates.

-- In this plan, premium needs to be paid till the end of the Policy Tenure of 6 years.

The remaining 40 % of Sum Assured along with accrued simple Reversionary Bonus + Terminal Bonus would be paid as Maturity Benefit on survival till the end of the Policy Tenure.

On survival till the end of the policy tenure, the policyholder gets Sum Assured + Accrued Guaranteed Additions.

In case of death of the Annuitant within the Policy Tenure, the nominee will receive 101 % of Total Premiums paid till date + Bonuses, subject to a minimum of 105 % of total premiums paid till date as Death Benefit which can be taken by the nominee as a lumpsum or as annuity.

In this plan, premium needs to be paid only for a limited period while the policy continues till the end of the policy tenure.

On survival till the end of the policy tenure, the policyholder gets the remaining 40 % of the Sum Assured + accrued simple Reversionary Bonus + Terminal Bonus as Maturity Benefit and the policy terminates.

The policy continues to survive till the end of the tenure, with the waiver of future premiums.

On survival till the end of the policy tenure, the policyholder gets a part of the Sum Assured as per schedule along with vested Bonus.

On survival till the end of the Policy Tenure, Sum Assured + accrued Bonuses are paid to the policyholder as Maturity Benefit and the policy termiPolicy Tenure, Sum Assured + accrued Bonuses are paid to the policyholder as Maturity Benefit and the policy termipolicy terminates.

-- In this plan, premium needs to be paid till the end of the Policy Tenure.

The Sum Assured along with vested Simple Reversionary Bonus + Final Addition Bonus would be paid to the Life Insured on survival till the end of the Policy Tenure as Maturity Benefit.

On survival till the end of the Policy Tenure, Simple Reversionary Bonus + Terminal Bonus is paid as Maturity Benefit.

-- In this plan, premium needs to be paid till the end of the policy tenure of 10, 15 or 20 years as selected.

In this Plan, there is a Guaranteed Monthly Income for a period of 15 years or till then end of the Policy Tenure, whether the Life Insured is alive or not.

On survival till the end of the policy tenure, the policyholder gets the Sum Assured + accrued Reversionary Bonuses + Interim Bonus + Terminal Bonus, if any as Maturity Benefit and the policy terminates.

It is a Monthly Income Plan where there is a Guaranteed Monthly Income for a period of 15 years or till then end of the Policy Tenure, whether the Life Insured is alive or not