Sentences with phrase «total accumulated bonus»
In case of death during the policy term, the death benefit is paid to the nominee, including the full sum assured along with the total accumulated bonus.
https://www.policybazaar.com/ Not exact matches
By letting you a total of 5x rewards points on office supplies, cell phones, and internet, you are able to accumulate a lot of bonus points in categories where your business is guaranteed to spend a lot of money.
He was insured for Rs 1 lakh and had accumulated a cumulative bonus of Rs 50,000, taking the total coverage to Rs 1.5 lakh.
Surrender Value Calculator for LIC Jeevan Labh Plan (Table No: 836) provides Approx surrender value based on bonus accumulated and total premium paid.
Surrender Value Calculator for LIC Endowment Plan (Table No: 814) provides Approx surrender value based on bonus accumulated and total premium paid.
Generally, Surrender value is sum of percentage of total paid premiums excluding Rider Premium & Taxes (Guaranteed Surrender Value) and percentage of accumulated bonus at the time of surrender.
Moreover, these accumulated bonuses will increase the total amount covered by your insurance policy which will obviously prove to be a big advantage as the policyholder will grow old and grey.
In case of above example, for calculating surrender value in year 2024 (after 10 years), we need to calculate total paid premium and accumulated bonus before surrender.
Surrender Value Calculator for LIC new Jeevan Anand (Table No: 815) provides Approx surrender value based on bonus accumulated and total premium paid.
Through your Endowment Policy, you can hire loans from insurance provider, based on the total premium amount and bonus accumulated by your policy.