Sentences with phrase «till the end of the policy tenure»
-- In this plan, premium needs to be paid till the end of the policy tenure as selected at policy inception.
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-- In this plan, premium needs to be paid only for 7 or 10 years while the policy continues till the end of the policy tenure as selected.
How it works — In this plan, premium needs to be paid only for 7 or 10 years while the policy continues till the end of the policy tenure as selected.
-- In this plan, premium needs to be paid till the end of the policy tenure of 10, 15 or 20 years as selected.
In addition to this, insurers also provide an option to cover new - born babies, from birth till the end of policy tenure.
In other words, this bonus is paid as a form of reward for paying your premiums regularly till the end of the policy tenure.
Under this plan the premium needs to be paid 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.
In this plan, premium needs to be paid only for a limited period while the policy continues till the end of the policy tenure.
In this plan, 115 % of the Basic Sum Assured would be paid to the policyholder on survival till the end of the policy tenure as Maturity Benefit.
If the life insured survives till the end of the policy tenure and the plan comes to an end, all the premiums paid by the policyholder during the term of the plan are returned back to the policyholder.
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 terminates.
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).
Means policy holder's life will not only be covered till the end of policy tenure, but till the policy holder dies.
If opted for monthly option, then the beneficiary will receive income from the date of death till the end of policy tenure, subject to a minimum guaranteed 36 monthly installments
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.
If the policyholder survives till the end of the policy tenure then the sum quoted along with the simple reversionary bonus and final addition bonus if any will be given to the insured person as the benefits of maturity of the policy.
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.
Maturity Benefit - If the insured person survives till the end of the policy tenure and has duly paid all the premiums then a sum assured on maturity along with the loyalty addition is payable to the policyholder.
How it works — In this plan, premium needs to be paid till the end of the Policy Tenure of 6 years.
-- In this plan, premium needs to be paid till the end of the Policy Tenure of 6 years.
The Family Income Benefit pays 1.5 % of the Sum Assured every month after the death of the insured till the end of the policy tenure
Limited Pay, i.e. for a limited period of time while the policy continues till the end of the policy tenure
There on monthly income will be paid to the beneficiary from the date of their death or till the end of the Policy tenure, subject to a minimum guaranteed 48 monthly installments.
Maturity Benefit: Under LIC Bima Bachat, on survival till the end of the policy tenure, the Single Premium paid + Loyalty Addition would be paid to the policyholder as Maturity Benefit.
Maturity Benefit: On survival till the end of the policy tenure, the remaining 40 % of the Basic Sum Assured + accrued bonuses are paid to the policyholder as Maturity Benefit and the policy terminates
Maturity Benefit: On survival till the end of the policy tenure, the Basic Sum Assured + accrued Bonuses are paid to the policyholder as Maturity Benefit and the policy terminates
On survival till end of a policy tenure or on earlier death, the entire Sum Assured along with accrued Bonuses would be paid and the policy terminates
Under LIC Bima Bachat, on survival till the end of the policy tenure, the entire Single Premium paid along with Loyalty Addition would be paid to the policyholder as Maturity Benefit and the policy terminates
On survival till the end of the policy tenure, the maturity benefit is paid to the policyholder and the policy terminates
Moreover, the premium of the policy is waived off till the end of the policy tenure or for next three years, whichever is more.
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.
Maturity Benefit — On survival till the end of the policy tenure, the policyholder gets Sum Assured + Accrued Guaranteed Additions.
Maturity Benefit — On survival till the end of the policy tenure, the policyholder gets 135 % of the Annualized Premium every year for a period of 6 years.
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.
On survival till the end of the policy tenure, the policyholder gets 135 % of the Annualized Premium every year for a period 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.
Maturity Benefit — 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.
On survival till the end of the Policy Tenure and provided all due premiums have been paid, the basic Sum Assured + the Reversionary Bonus would be paid to the Life Insured as Maturity Benefit and the policy would be terminated.
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.
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.
On survival till the end of the policy tenure, the Fund Value is paid to the policyholder as Maturity Benefit and the policy terminates.
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 terminates.
Maturity Benefit — 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.
-- In this plan, premium needs to be paid till the end of the Policy Tenure.
On survival till the end of the Policy Tenure, Simple Reversionary Bonus + Terminal Bonus is paid as Maturity Benefit.
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.
The Sum Assured + accrued Bonus is paid if anyone or both the husband and the wife survives till the end of the policy tenure.