Sentences with phrase «till the end of the policy period»

The risk cover of the term life insurance lasts till the end of policy period which could be as long as 35 years.

If you retain the policy till the end of the policy period, loyalty additions if any, (but not guaranteed) would be paid.

2) Maturity Benefit: An investor who is alive till the end of the policy period would get the fund value as maturity amount.

Not exact matches

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.

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.

In case you don't die till the end of the insurance period, no money is returned to you, and the policy ends.

The reason why money back policy is important is that it provides funds on regular intervals after a certain period of time till the end of the policy term.

On diagnosis / undergoing the surgical procedure of the Minor or Moderate critical illness, premiums will be waived off for the period of 5 policy years or till the end of the policy term, whichever is earlier.

If the policyholder dies within the annuity period of 5/10/15 or 20 years from the policy commencement date, annuity is payable till the end of 5/10/15 or 20 years to the nominee.

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

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.

At the end of your policy period, you will get a maturity benefit, which will include all the premiums you have paid till date, plus revisionary bonus and terminal bonus.

10 % of Sum assured benefit after death till maturity period and at the end of policy Sum assured + vested bonus + FAB is beneficial to the customer.

o Monthly Income Benefit: In case of death of the life insured during the policy term, the nominee is entitled to receive the monthly income that starts from the date of death till the end of the policy term, subject to a guaranteed payout for a minimum period of 36 months.

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

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.

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.

On survival of the life assured till the end of the policy, you will receive annual payouts (which is equal to 11 % of the basic sum assured) over a payout period of 15 years after maturity.

For a Policy Term of 12 years, the Maturity Payout Period is from the end of 12th year till the end of 20th year.

Subject to Section 3.3, if the Premium (along with the service tax or any other taxes, cesses or levies, if any) is not received by Us by the end of the grace period as specified in Section 9.10 above, this Policy shall lapse and no benefits under Section 3 shall be payable under this Policy and no rights can be exercised by You till the revival of the Policy.

The policy shall participate in profits from the 6th policy year onwards till the end of the deferment period and at such rates as may be declared by the corporation provided the policy is kept in force for full Sum Assured.

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.

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