The plan offers 101 % of premiums paid as returns even if the market sees a slowdown and offers a guaranteed loyalty addition for those who stay invested
till the maturity period.
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.
Death Benefit: In case of death during policy tenure, 10 % of sum assured will be paid to family
till maturity period.
Though many finance - enthusiasts are always keen to any policy's terms & conditions whenever it comes to term insurance everybody less bothered about it because there is no return if you survive
till the maturity period.
If insured is survived
till the maturity period, she would get Basic Sum Assured on Maturity + Loyalty Additions (if any) would be paid.
After the death of the policyholder, the premium is funded by the company
till the maturity period and that's why it is called waiver of premium (waiver of the policyholder's obligation to pay the premium).
If insured is survived
till the maturity period, he / she would get Basic Sum Assured + Loyalty Additions (if any) would be paid.
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.
Anytime during the Flexi benefit
period, you can decide to pre-pone the
Maturity benefit of your policy and enjoy the full benefits due in the Policy (i.e. 100 % of Sum Assured plus accrued bonus
till date plus terminal bonus (if any).
Starting from a
maturity period of just 7 days, the FD scheme's tenure can be extended
till 10 years.
If the Life insured survives
till the end of that specified
period (
maturity period), he will be paid the lump sum assured along with bonuses (if any) by the Insurance Company.
If the policyholder survives
till the completion of the Premium Paying Term, the Sum Assured on
Maturity is paid and in case of death during this period, the Sum Assured on death which is higher of the Sum Assured on maturity or 11 times the annual premium is paid with the accrued reversionary
Maturity is paid and in case of death during this
period, the Sum Assured on death which is higher of the Sum Assured on
maturity or 11 times the annual premium is paid with the accrued reversionary
maturity or 11 times the annual premium is paid with the accrued reversionary bonuses.
If the Life insured survives
till the closing of that specified
period (
maturity period), he will be paid the lump sum assured along with bonuses (if any) by the Insurance Company.
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.
In this plan, generally the insured is given a choice to pay a premium amount
till the specified time which is also known as
maturity period.
The policyholder can decide to withdraw his savings anytime during the Flexi benefit
period (that is, the last 10 years of the policy term) and avail the
maturity benefits (100 per cent of sum assured plus accrued reversionary bonus
till date plus terminal bonus, if any).
BSLI Vision LifeIncome Plan is a traditional participating whole life insurance plan that offers survival benefit from the end of the premium pay
period till maturity.
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.
Pure Income Benefit Option: If the life insured survives during the benefit payout
period (starts immediately after completion of the premium payment term
till maturity of the policy), he / she will receive Annual Guaranteed Income, Special Additional Bonus, & Simple Reversionary Bonus.
Anytime during the Flexi benefit
period, you can decide to pre-pone the
Maturity benefit of your policy and enjoy the full benefits due in the Policy (i.e. 100 % of Sum Assured plus accrued bonus
till date plus terminal bonus (if any).
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.
If Mr. Raman survives
till the
maturity of the policy term, he receives Rs 1.94 Lacs is paid as annual payouts during the entire payout
period.
If Mr. Raman survives
till the
maturity of the policy term, he receives Maturity Sum Assured as equal Monthly Payouts for the entire Payout
maturity of the policy term, he receives
Maturity Sum Assured as equal Monthly Payouts for the entire Payout
Maturity Sum Assured as equal Monthly Payouts for the entire Payout
period.
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.
Scenario I: On Survival of Rohit
till Maturity In case of survival of Rohit, he will start receiving Rs 24,000 at the beginning of each year during the payout
period.
Anytime during the Flexi benefit
period, the policyholder can decide to pre-pone the
maturity benefit of the policy and avail the full benefits due in the policy (i.e. 100 % of Sum Assured plus accrued bonus
till date plus terminal bonus (if any).
For a Policy Term of 12 years, the
Maturity Payout
Period is from the end of 12th year
till the end of 20th year.
2)
Maturity Benefit: An investor who is alive till the end of the policy period would get the fund value as maturity
Maturity Benefit: An investor who is alive
till the end of the policy
period would get the fund value as
maturitymaturity amount.
The Endowment plan also works the similar way, but also has some additional clause that states that the lump sum payment will be made to the Insurance holder if he or she survives
till the end of the specified
period of time known as the «
maturity period».