Sentences with phrase «time during the payout period»

The policyholder can avail the payouts in lump sum any time during the payout period discounted @ 9 %

If you want to receive the outstanding maturity benefit as a lump sum at any time during the payout period, the discounted value @ 9 % per annum discount rate is payable.

Not exact matches

* they also paid the special BBU dividend during this time period, which will be ignored for the purpose of calculating payout ratios.

In addition, there's generally a restricted period for the first few years of coverage, so if you pass during that time your beneficiaries won't receive the full payout.

A term life insurance policy offers coverage for a specified period of time, meaning that if you die during the term of the policy the beneficiary will receive the specified payout (also known as the death benefit or face value of the policy).

More importantly, the company achieved an ominous milestone during the quarter: free cash flow per share ($ 0.973) dipped below dividend payouts per share ($ 1.10) in the prior 12 - month period for the first time since mid-2013.

In addition, there's generally a restricted period for the first few years of coverage, so if you pass during that time your beneficiaries won't receive the full payout.

Term life insurance offers coverage for a specified period of time, typically between 5 to 35 years, and your beneficiary will receive a payout if you pass during that period of time.

A term life insurance policy offers coverage for a specified period of time, meaning that if you die during the term of the policy the beneficiary will receive the specified payout (also known as the death benefit or face value of the policy).

A dividend cover of 3 implies that a company has sufficient earnings to pay dividends amounting to 3 times of the present dividend payout during the period.

The waiting period begins as soon as your purchase a policy and, if you pass during that time, your beneficiary will receive a limited payout (return of premiums plus 10 - 30 % interest).

The contestability period is the two - year period when a policy first goes into effect; during this time, a life insurance company can contest the death benefit payout.

A term life insurance policy offers coverage for a specified period of time, meaning that if you die during the term of the policy the beneficiary will receive the specified payout (also known as the death benefit or face value of the policy).

If the insured dies during said time period, the beneficiaries can claim the payout.

Term life insurance offers coverage for a specified period of time, typically between 5 to 35 years, and your beneficiary will receive a payout if you pass during that period of time.

Because of the mortality credits accrued during the deferral period, the time period between the purchase of a longevity annuity and when the longevity annuity payout begins, longevity annuities can be more efficient over the long run than immediate annunities, all else being equal.

Even if rates remain the same during that time period, the subsequent payouts will be higher based on the annuitant's age at the time of purchase.

The policy is valid for a specific period of time, and the payout is only awarded if the insured dies during the active term.

The exclusionary period is a pre-determined time period, usually two years, after buying your policy, during which your beneficiaries will receive a refund of your premiums instead of a death benefit payout.

Even if the life insured (the parent or guardian) dies during the policy period, the policy continues and all the payouts are made on time.

Annual Payout — A fixed amount equal to 5 times the Monthly Payout is payable at the end of every policy year during the payout period and will not be payable during the last policy year (at matuPayout — A fixed amount equal to 5 times the Monthly Payout is payable at the end of every policy year during the payout period and will not be payable during the last policy year (at matuPayout is payable at the end of every policy year during the payout period and will not be payable during the last policy year (at matupayout period and will not be payable during the last policy year (at maturity).

Note: In case of death of the life insured during the payout period, the nominee can exercise an option to either continue receiving the Income Benefit and one — time Terminal Benefit or opt for the Commuted Value of the same.

The nominee however has the option to withdraw the discounted value of the future payouts at any time during the said period.