Sentences with phrase «total death sum»
In the event of the untimely death of the life insured during the policy term, the total death sum assured is payable to the nominee as per the variants opted and payout option opted.
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Of course, the policy's cash value changes over time and is lower than the total sum of the death benefit it provides.
At this point, the carrier will give you a lump sum payment equal to your total death benefit and end your policy.
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Death Proof and hence Grindhouse as a whole end on a high note with the final car chase and Bell's death - defying antics, but the dragging, plodding pace and creative misfire of Tarantino's movie is enough to put a big damper on the sum total of the Rodriguez / Tarantino double feature experiDeath Proof and hence Grindhouse as a whole end on a high note with the final car chase and Bell's death - defying antics, but the dragging, plodding pace and creative misfire of Tarantino's movie is enough to put a big damper on the sum total of the Rodriguez / Tarantino double feature experideath - defying antics, but the dragging, plodding pace and creative misfire of Tarantino's movie is enough to put a big damper on the sum total of the Rodriguez / Tarantino double feature experiment.
With a family income policy, rather than a lump sum of money, the death benefit is paid out in monthly increments as a portion of the total death benefit.
At this point, the carrier will give you a lump sum payment equal to your total death benefit and end your policy.
2 The adjusted total premium is the initial single premium plus any underwritten increases, less any partial surrenders and any applicable surrender charges in excess of policy gain and any loans and accrued loan interest, The death benefit guarantee will not apply if the sum of any outstanding loans plus accrued loan interest is greater than the policy's cash value, The death benefit guarantee will not apply if the sum of any outstanding loans plus accrued loan interest is greater than the policy's cash value.
The federal estate tax is a lump sum tax that is based upon the total amount of the gross estate at death.
Lump sum, where the life insurance company pays the total amount of the benefit in one single payment at the death of the insured
If the total value of your retirement phase interests exceeds the transfer balance cap and you only have a death benefit income stream, you can commute the excess as a lump sum.
In this example, the present value of the death benefit exceeded the present value of the premium payments — i.e., the sum total of each year's discounted cash inflows / outflows is positive — and so the policy is sellable.
If your loved one was fatally injured at work, you may also be able to recover permanent total disability as death benefits for a period of time or in a lump sum amount.
Graded which causes your death benefit to be limited the first two years but you will in return receive the greater sum of the total premium paid with 4.5 % interest of 30 % of the face amount.
The death benefit is referred to as the total amount of sum assured together with the bonus (if any) is paid to the beneficiary of the policy in case of any eventuality or uncertain demise of the policyholder.
A lump sum amount equal to total Sum Insured is given to the family, in case of accidental death or permanent disability.
Under this HDFC life term plan, the nominee will receive on death of the policyholder, higher of sum assured or 10 times the annualised premium or 105 % the total premiums paid as on the date of death
On accidental death or permanent total disablement of the insured, 100 % of the capital sum insured shall be compensated.
In case of death, the nominee of the policyholder receives the higher of the fund value or sum assured amount or 105 % of the total premiums paid.
Double indemnity for Death or Permanent Total Liability: An unique plan with 200 % of the sum insured is covered in case of death or permanent total disableDeath or Permanent Total Liability: An unique plan with 200 % of the sum insured is covered in case of death or permanent total disableTotal Liability: An unique plan with 200 % of the sum insured is covered in case of death or permanent total disabledeath or permanent total disabletotal disablement.
Death Benefit: In case of the demise of the insured person the beneficiary of policy LC Jeevan Anand is payable of total sum assured amount along with the simple reversionary bonus and the tenure of the policy continues to be inforce.
On death of the policyholder, a sum higher of the Basic SA / 10 times the annual premium / 105 times total premiums paid / total premiums paid is paid to the nominee
Death benefit is paid as the total sum assured amount to the nominee of the policy in case of uncertain demise of the insured person of the policy.
Death Benefit - In case of unfortunate death of the policyholder during the tenure of the policy, the beneficiary of the policy receives the death benefit as the sum assured amount, which is 105 % of the total premium paid till deDeath Benefit - In case of unfortunate death of the policyholder during the tenure of the policy, the beneficiary of the policy receives the death benefit as the sum assured amount, which is 105 % of the total premium paid till dedeath of the policyholder during the tenure of the policy, the beneficiary of the policy receives the death benefit as the sum assured amount, which is 105 % of the total premium paid till dedeath benefit as the sum assured amount, which is 105 % of the total premium paid till demise.
If the insured person dies during the tenure of the policy, then the death benefit is paid to the nominee of the policy i.e. the child as the sum assured amount, which is 105 % of the total premium paid till demise.
At this point, the carrier will give you a lump sum payment equal to your total death benefit and end your policy.
These are: • Death benefits deemed on not to increase • The maturity date payable • Death benefits that should be provided right after the maturity date is being determined • The sum amount of the total endowment benefit which includes the cash value surrendered within the maturity date that should not the very least exceed the amount payable as death benefit within the span of the contDeath benefits deemed on not to increase • The maturity date payable • Death benefits that should be provided right after the maturity date is being determined • The sum amount of the total endowment benefit which includes the cash value surrendered within the maturity date that should not the very least exceed the amount payable as death benefit within the span of the contDeath benefits that should be provided right after the maturity date is being determined • The sum amount of the total endowment benefit which includes the cash value surrendered within the maturity date that should not the very least exceed the amount payable as death benefit within the span of the contdeath benefit within the span of the contract.
You can choose this product to come fixed with the death benefit being 100 % of the face value from the start, graded which causes your death benefit to be limited the first two years but you will receive the greater of the sum of the total premium paid with 4.5 % interest of 30 % of the face amount, or you can choose modified which offers a limited death benefit for the first two years based on return of premium paid plus 10 %, after the two years the death benefit is 100 %.
Along with this, a lump - sum benefit on death or diagnosis of Terminal Illness is paid and all future premiums are waived off in case of total permanent accidental disability.
This is the face value of the life insurance policy that is to be paid out to your beneficaries in the event of your death and the total amount paid out (less any loans against the policy) is usually in a nontaxable lump sum payment.
After the death of policyholder, lump sum amount is given to the nominee, equal to the total of sum assured of the policy + simple reversionary bonus + additional bonus if any.
In the unfortunate event of your death or suffering from Permanent Total disability (PTD) due to an accident, whichever is earlier during the Policy term, provided that all the the premiums are paid till death, the sum assured along with the sum of all premiums paid will be paid.
In case of death of the insured during the policy period, higher of the base sum assured or 105 % of the total premiums paid plus guaranteed additions on the amount of the premiums are offered to the nominee
This is a dual death benefit plan under which a complete sum assured is paid in the first option and in the second option after death of the insured, the insurance company pays 50 % of the total sum assured immediately to the nominee of the insured and the remaining amount is paid monthly as a regular income at 3 %.
Death benefit2 — sum assured along with the premiums paid till the death of the insured is paid to the nominee either on the death of the insured or if the insured suffers a total and permanent disability due to an accident, whichever is soDeath benefit2 — sum assured along with the premiums paid till the death of the insured is paid to the nominee either on the death of the insured or if the insured suffers a total and permanent disability due to an accident, whichever is sodeath of the insured is paid to the nominee either on the death of the insured or if the insured suffers a total and permanent disability due to an accident, whichever is sodeath of the insured or if the insured suffers a total and permanent disability due to an accident, whichever is sooner.
The beneficiary, in the event of the death of the insured person, will get death benefit, which is the higher of the sum assured or fund value in the investment account or 105 % of the total premiums paid till date.
Death benefit payable will be higher the sum assured, 10 times the annualized premium or 105 % of the total premiums paid.
On death of the life Assured during the policy term, total of the following becomes payable in lump sum: 100 % of Sum Assured, irrespective of survival benefits already paid plus accrued bonuses declared till death.
The insurance company also pays an additional lump sum amount in case the insured has to undergo of any surgeries Premium Waiver rider: This rider offers waiver of future premiums in case of critical illness of the life insured, death or total and permanent disability
Further, total sum assured for any individual, under Accidental Death and Total and Permanent Disability Benefit Rider should not exceed Rs. 50 Lacs under for all products put togetotal sum assured for any individual, under Accidental Death and Total and Permanent Disability Benefit Rider should not exceed Rs. 50 Lacs under for all products put togeTotal and Permanent Disability Benefit Rider should not exceed Rs. 50 Lacs under for all products put together.
Accidental Death and Permanent Total Disability Common Carrier: The sum insured as specified is paid by the company along with sum insured for Personal Accident section, if the individual undergoes accidental Bodily Injury during the course of the journey subject to the injury resulting in death or permanent total disabiDeath and Permanent Total Disability Common Carrier: The sum insured as specified is paid by the company along with sum insured for Personal Accident section, if the individual undergoes accidental Bodily Injury during the course of the journey subject to the injury resulting in death or permanent total disabiTotal Disability Common Carrier: The sum insured as specified is paid by the company along with sum insured for Personal Accident section, if the individual undergoes accidental Bodily Injury during the course of the journey subject to the injury resulting in death or permanent total disabideath or permanent total disabitotal disability.
The policyholder may choose 25, 50 or 100 % payout of the sum insured in case participation in extreme sports leads to total disability or death.
The life insured dies before the age of 60 years, the sum assured will be higher of the sum assured amount and the total fund value till date (having deducted all the withdrawals made within two years before death).
Under this plan, the policy holders, family members or the nominees named in the policy are entitled to avail the sum insured in case of injury, death, permanent disability, total or partial disability caused to the policy holder by an accident.
The Guaranteed Maturity SA is equal to the sum of total premiums payable and Guaranteed Death SA is equal to 100 % of the SA or 150 % of SA in case of accidental Death SA is equal to 100 % of the SA or 150 % of SA in case of accidental deathdeath
Reliance Accidental Death and Total and Permanent Disablement Rider (Regular Premium)-- the rider promises payment of an additional lump sum amount if the insured dies or suffers total and permanent disability directly due to an acciTotal and Permanent Disablement Rider (Regular Premium)-- the rider promises payment of an additional lump sum amount if the insured dies or suffers total and permanent disability directly due to an accitotal and permanent disability directly due to an accident.
Personal accident insurance offering accidental death, permanent total disability, for a sum assured that is at least 10 times annual income... Read More
There are two types of death benefits available — one in which the highest of the fund value or the sum assured or 105 % of total premiums paid is offered as the death benefit.
The death benefits with Reduced Paid - Up value shall be the sum assured on death multiplied by the ratio of the number of premium installments paid to the total number of installment premium payable.
In the event of death, or total or permanent disablement of the insured due to accident or sickness, this rider provides the insured of the nominee with a monthly benefit of 15 of the sum assured.