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

On survival of the life insured till the end of the policy term, the Full Fund Value is payable.

Nevertheless, if the insured survives till the end of the policy term, nothing is payable.

Offers maturity benefit on survival of the life assured till the end of the policy term.

Generally it pays back the premium on survival till end of policy term.

But the policy continues till the end of the policy term.

So, if you buy a policy early in your life, you enjoy the benefit of the lower premium till the end of the policy term.

At the end of the premium payment term of 25 years, the policy holder enjoys a guaranteed increasing regular monthly income till the end of the policy term.

The money invested so far, remains invested till the end of the policy term and then money is paid to the child which can take care of higher education expenses.

This benefit is payable in every policy anniversary, starting from 11th policy anniversary till end of the policy term.

If you wait till the end of your policy term to switch, you'll want to have your new policy start on the same day your current policy expires.

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.

You pay premium for a «chosen number of years» and start receiving a guaranteed regular income for the remaining period till the end of policy term.

There are some policies which continue till the end of the policy term even though the loan is repaid, such policies are provided by life insurance companies.

This coverage is available till the end of the policy term that you choose: 20 years, 30 years, 45 years, etc..

With this option, your life cover starts increasing by 5 % every year at simple rate till the end of the policy term without any increase in the premium.

In such plans, if there is no claim till the end of the policy term, the entire premium paid is refunded.

However, if the insured survives till the end of the policy term, nothing is payable.

In case of survival of the life insured till end of the policy term, 60 % of the sum assured plus vested bonuses are payable.

On survival of the life assured till end of the policy term, regular premium fund value plus top - up premium fund value is payable.

On survival till the end of policy term, maturity benefits will be paid.

With the waiver of premium benefit, a child plan continues till end of the policy term, even after death and the maturity benefit is also payable.

This benefit is payable in every 5th policy anniversary, starting from 10th policy anniversary till end of the policy term.

Here, Guaranteed Addition = Guaranteed Addition of 2 % of the Base Sum Assured is accrued to your Policy at the end of each Policy Year till the end of the Policy Term Guaranteed Maturity Addition = 2 % * Base Sum Assured * Policy Term For self starter option, you receive a single lump sum to fund your child's education.

Maturity Benefit: You will receive the Sum Assured on Maturity which would be equal to 100 % of the premiums paid till end of the policy term subject to the policy being in force.

■ The additional death benefit can be taken as lump sum or as 25 % of basic sum assured paid at the end of the each last four years and family income benefit as 1 % of the basic sum assured at the end of every month following the date of death till the end of the policy term but not less than 36 monthly payments.

It is added at the end of each policy month, starting from the 49th month till end of the policy term.

Maturity Benefit — if the insured survives till the end of the policy term then he shall receive Accrued Bonus — Non Guaranteed Survival benefits already paid.

Maturity Benefit: You will receive the Sum Assured on Maturity which would be equal to 100 % of the premiums paid till end of the policy term subject to the policy being in force.

Invest for a fixed premium payment term of 10 years, and then reap policy benefits till the end of your policy term.

If he remains alive till the end of the policy term then he will only get the basic sum assured + LA.

The Guaranteed Base Income (GBI) is paid every year after the completion of the premium paying term till the end of the policy term.

Loyalty Benefit is a special benefit paid to you as a percentage of sum assured on maturity if you have paid all applicable premium amounts and stay till the end of your policy term.

Dear PRASAD, To get decent returns from ULIPs, an investor has to remain invested for long - term ie till the end of the policy term.

If the insured is diagnosed with carcinoma in situ and provided that the policy is still in effect and premiums paid up to date, all future premium payments will be waived till the end of the policy term.

In the event of death of the policyholder, the future premiums are waived off through the inbuilt Waiver of Premium rider but the policy continues to run till the end of policy term

You can opt to cover your spouse in the same plan and also have the option to choose return of premiums on survival ^ till the end of the policy term, making this a truly flexible offering

Regular Pay: You can choose to pay premium till the end of the policy term annually or semi-anually

Fixed Regular Additions are accrued @ 8 % in the first year, 9 % in the second year and 10 % from the third year onwards till the end of policy term

On death of the life assured during the policy term, company pays chosen monthly benefit, increasing at 5 % every policy year to the nominee till the end of policy term or 5 years, whichever is later.

Option I - Level Term Assurance: Where your sum insured chosen at policy inception remains the same till the end of the policy term.

o Monthly Income Benefit: In case of unfortunate demise of the life insured, a level monthly income as chosen, is paid to the family till the end of the policy term.

Rs. 60 / - per month during the first policy year, Rs 20 / - per month during the second year and thereafter, from the third year on wards till the end of the policy term Rs. 20 / - per month escalating at 3 % p.a.

If you choose the Paid Up option, the Policy will continue without any further premiums payable till the end of Policy Term and all applicable charges

Scenario A - Maturity Benefit On survival of Sameer till the end of the policy term, the Fund Value as on the maturity date is payable.

The Guaranteed Interest Rate of 1 % per annum on the balance in Policy Account is credited at the beginning of each calendar quarter till the end of the policy term.

Scenario I: In case of survival of Rao till end of the policy term, the benefits payable are Annual Income @ 8 % per annum: Rs 2,12,345 & 4 % per annum is Rs 1,26,837.

On survival of the life insured till end of the policy term provided the policy is in - force, the policyholder will receive Sum Assured plus vested Simple Reversionary Bonus and Terminal Bonus.

On survival of Mukesh till end of the policy term, Base Sum Assured multiplied by the Guaranteed Maturity Multiple (GMM) plus accrued Annual Guaranteed Additions is payable.

On survival of Sumant till end of the policy term, the maturity benefit payable is the sum of accrued guaranteed additions and guaranteed maturity benefit.