Sentences with phrase «time during the tenure of the plan»

The policyholder can nominate a person (the beneficiary) to receive the Death Benefit in the event of the demise of the life insured or make a change in nomination at any time during the tenure of the plan, provided the plan is in force, by submitting a written request to the insurance company.

Not exact matches

In case of death of the insured during the tenure of the plan, the basic Sum Assured chosen at the time of buying the plan is paid subject to a minimum of 105 % of all premiums paid till the date of death.

In case of death during the tenure of the plan, the Sum Assured on death is payable which will be higher of Sum Assured or 10 times the annualized premium with a minimum of 105 % of aggregate premiums paid till demise of the insured

In case of death during the tenure of the plan, the Sum Assured on death is payable which should be higher of Sum Assured or 10 times the annualized premium with a minimum of 105 % of aggregate premiums paid till death and vested bonuses

In case of death of the insured during the tenure of the plan, the death benefit payable will be higher of 10 times the annual premium or 105 % of all premiums paid till death or the Maturity Sum Assured.

In case of death during the tenure of the plan, the Sum Assured on death is payable which is higher of Sum Assured or 10 times of annualized premium to a minimum value of 105 % of aggregate premiums paid till death and vested bonuses with accrued Guaranteed Additions

In case of death of the insured during the tenure of the plan, the Death Benefit is paid which is higher of the Sum Assured or 10 times the annual premium paid or 105 % of total premiums paid till the date of death or the maturity Sum Assured

In case of death of the insured during the tenure of the plan, the death benefit will be payable which will be higher of the Sum Assured or 10/7 times the annual premium paid depending on the age of the policyholder or 105 % of all premiums paid till the date of death.

In case of death during the tenure of the plan, the Sum Assured on death is payable which will be higher of Sum Assured or 10 times the annualized premium with a minimum of 105 % of aggregate premiums paid till death and vested bonuses with accrued Guaranteed Additions

In case of death of the insured during the plan tenure, a death benefit which is higher of the minimum Sum Assured or 10 or 7 times the annual premium paid depending on the age of the policyholder is payable to the nominee subject to a minimum of 105 % of all premiums paid till the date of death

In case of death of the insured during the tenure of the plan, higher of the available Sum Assured as on the date of death or 10 times the annual premium or 105 % of all premiums paid till death is payable to the nominee

In case of death of the insured during the tenure of the plan, higher of the Guaranteed Sum Assured on death or 10 or 7 times the annual premium depending on the age of the insured is paid along with the vested bonuses subject to a minimum of 105 % of all premiums paid till the date of death.

In case of death of the insured during the tenure of the plan, higher of the chosen Sum Assured or 10 times the annual premium is paid to the nominee subject to a minimum of 105 % of all premiums paid till the date of death.

In case of death of the insured during the tenure of the plan, a benefit higher of 10 times the annual premium or base Sum Assured or minimum guaranteed Maturity Sum Assured or 105 % of all premiums paid till the date of death is payable along with the vested reversionary bonuses.

A unit linked child insurance plan which provides market related returns while at the same time taking care of the child's future.Guaranteed Loyalty Additions are added to the fund @ 3 % of the average fund value in the preceding three years.The fund value is paid on maturity of the plan and in case of death of the insured during the tenure of the plan; the Sum Assured is paid immediately.

Increasing Term Assurance — an option under which the Sum Assured chosen at the time of inception of the SBI term insurance policy increases every year @ 5 % and on death of the insured during the SBI term insurance plan tenure, the Sum Assured as on the date of death is paid to the nominee

Term insurance is the simplest form of life insurance plan that offers comprehensive life coverage over a period of time and in case the insured person dies during the tenure of the policy, the guaranteed death benefit is payable to the nominee of the policy.

On death or terminal illness of the insured during the policy tenure, the Sum Assured is given in equated monthly instalments for such time which will be equal to the term of the plan chosen.

In case of death of the insured during the tenure of the plan, the death benefit will be payable which will be higher of the Maturity Sum Assured or 10 times the annual premium paid or 105 % of all premiums paid till the date of death.

In case of death of the insured during the tenure of the plan, a Guaranteed Death Benefit is paid which is higher of the Sum Assured or 10 times the annual premium paid subject to a minimum of 105 % of total premiums paid till the date of death.

In case of death of the insured during the tenure of the plan, the death benefit payable depends on the applicable variant at the time of death.

In case of death of the insured during the tenure of the plan, the Death Sum Assured which is higher of 10 or 7 times the annual premium depending on the age of the insured or the basic Sum Assured multiplied by the Guaranteed Maturity Factor is paid to the nominee subject to a minimum amount of 105 % of all premiums paid till the date of death.

The main feature of LIC's New plan — Jeevan Umang is it provides annual Survival Benefits from the end of the PPT (Premium Paying Term) till policy maturity and also pays lump sum amount at the time of maturity (or) on death of the policyholder (during the policy tenure).

Tufts Health Plan, Waltham • MA 1993 — 2007 Senior Underwriter (2003 — 2007) Underwriter II (2001 — 2003) Underwriter I (2000 — 2001) Associate Underwriter (1997 — 2000) Senior Assistant Underwriter (1994 — 1997) Assistant Underwriter (1993 — 1994) Promoted numerous times during tenure to greater levels of increased responsibility and challenge.