Sentences with phrase «total premiums paid till the date of death»

On death, higher of sum assured or fund value subject to a minimum of 105 % of total premium paid till date of death is payable to the nominee.

In the event of death during the first 1 year and 11 months of the policy, 105 % of total premiums paid till the date of death is payable.

The death benefit payable will be the amount higher of the Sum Assured or 10 times the annual premium or 105 % of total premiums paid till the date of death for regular premium payment option and higher of Sum Assured or 125 % of the Single Premium paid under the Single Premium payment option.

In case of death, the Sum Assured on death is paid which is the maturity Sum Assured or 10 times the annual premium up to a minimum of 105 % of total premiums paid till the date of death

Under variant 1, a death benefit is described as the highest of 0.5 times the product of Annualised Premium and Policy Term or the Sum Assured or 105 % of the total premiums you paid till the date of death or the Total Fund Value as on the death date.

In any case, the death benefit paid to the nominee should not be lower than 105 % of the total premiums paid till the date of death.

The Guaranteed Death Benefit is defined as higher of 11 times the annual premium or 105 % of the total premiums paid till the date of death or the Guaranteed Maturity Sum Assured chosen at the time of inception of the plan.

In case of death of the insured during the tenure of the plan, the Death Sum Assured 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 along with the vested reversionary bonuses and any Terminal Bonus

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 along with vested simple bonuses and any Terminal Bonus

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

If the insured dies during the tenure of the plan, a benefit which will be higher of 10 / 7 times the annual premium or 105 % of total premiums paid till the date of death or 200 % / 250 % or 300 % of the chosen Sum Assured depending on the premium paying term chosen is payable to the nominee

In case of death, higher of the Sum Assured on maturity or 10 / 7 times the annual premium including the vested bonus, interim bonus and terminal bonus, if any is paid subject to a minimum of 105 % of the total premiums paid till the date of death.

For age at entry less than 45 years, higher of (i) 10 times Annualised Premium *, (ii) 105 % of total premiums paid till date of death or (iii) Sum Assured

Death benefit payable will be higher of the Sum Assured or 10 times the annual premium or 105 % of total premiums paid till the date of death

In case of death, higher of the Sum Assured or 10 times the annual premium including the vested bonus, interim bonus and terminal bonus, if any is paid subject to a minimum of 105 % of the total premiums paid till the date of death.

The death benefit paid is the highest among the following: Sum assured, Fund value in your investment account or 105 % of the total premiums paid till the date of death.

Higher of Death Sum Assured plus Accrued Bonuses and Terminal Bonus (if any) or 105 % of the total premium paid till date of death

The death benefit payable will be higher of 10 times the annual premiums payable under the plan if the insured is aged less than 45 years or 7 times the annual premiums payable under the plan if the insured is aged 45 years and above, the chosen Sum Assured, the return of the total premiums paid till the date of death or 105 % of total premiums paid whichever is the highest.

If the insured dies during the tenure of the plan, higher of the chosen Sum Assured deducting partial withdrawals made prior to death or 105 % of the total premiums paid till the date of death or the Fund Value available on the date of death is paid to the nominee

The minimum Death Benefit is at least 105 % of the total premiums paid till the date of death of the life assured.

The minimum Death Benefit at any given point in time is 105 % of the total premiums paid till the date of death (excluding any extra premium).

In case of death within the term of the plan, higher of the chosen Sum Assured less any partial withdrawals made 12 months prior to death or 105 % of the total premiums paid till the date of death or the available Fund Value is paid to the nominee

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.

Sum Assured on Death, which is calculated as the higher of Sum Assured or the Guaranteed Maturity Benefit, subject to the guaranteed death benefit of 105 % of the total premiums paid till the date of death

Death Benefit: If the policyholder dies before the end of the policy term, the nominee shall be paid higher of the fund value or sum assured (minus partial withdrawals, if any) or the minimum death benefit that is 105 % of the total premium paid till the date of the death

If the insured dies, the nominee shall be paid higher of sum assured or 11 times the annual premium is paid including guaranteed additions subject to a minimum of 105 % of total premiums paid till the date of the death

In case of death of the life insured during the policy term, the higher of Fund Value, Assured Benefit or 105 % of total premiums paid till the date of death.

In the event of death of the life insured during the term of the policy provided all due premiums are paid, the Sum Assured on Death, subject to the guaranteed death benefit of 105 % of the total premiums paid till date of death, is payable immediately and the policy will be converted to a fully paid - up policy.

Higher Of 10 Times Of Annualized Premium, Sum Assured On Maturity, 105 % Of Total Premiums Paid Till Date Of Death, Or Any Absolute Amount Assured To Be Paid On Death

Scenario B: Romesh dies within the Policy Term In case of demise of Romesh with - in the policy term, the higher of Fund Value, Assured Benefit or 105 % of total premiums paid till the date of death.

For Life Insured with entry age below 5 years: For minor lives, where the entry age is below 5 years, in case of death during the 1 year and 11 months from the date of commencement of the policy, 105 % of total premiums paid till date of death.

The Death Benefit payable is not less than 105 % of the total premiums paid till the date of death.

Scenario B - Death Benefit: In the event of his death during the policy term, the Death Benefit payable is Sum Assured (less Partial Withdrawals), Fund Value, or 105 % of the total premiums paid till the date of death.

Scenario B: On demise of Mr. Rai On the unfortunate death of Mr. Rai, the higher of premiums paid plus interest of 6 % p.a compounded annually or 105 % of the total premiums paid till the date of death, is payable to the nominee.

In case of unfortunate demise of the life insured within the policy term, the death benefit payable to the nominee is the higher of premiums paid plus interest of 6 % p.a compounded annually or 105 % of the total premiums paid till the date of death.

In the event of death of the life assured while the policy is in - force, the Death Benefit payable is higher of Sum Assured (less Partial Withdrawals #), Fund Value, or 105 % of the total premiums paid till the date of death.

In the event of death of the life insured, the benefits payable to the nominee will be sum assured on death (which is higher of 11 times annual premiums or sum assured on maturity) plus accrued bonus as on date of death.The death benefit is subject to a minimum of 105 % of total premiums paid till date of death (excluding any extra premiums).

Assured death benefit is higher of total premiums paid accumulated @ 6 % compounded annually or 105 % of the total premiums paid till the date of death.

In the event of death of the life assured while the policy is in - force, the higher of Sum Assured (less Partial Withdrawals #), Fund Value in the investment account, or 105 % of the total premiums paid till the date of death is payable to the beneficiary (nominee / legal heir).

In the event of death of the life assured while the policy is in - force, the higher of Sum Assured (less Partial Withdrawals #), Fund Value in your investment account, or 105 % of the total premiums paid till the date of death is payable to the beneficiary (nominee / legal heir).

Scenario B - Death Benefit: In the event of his death during the policy term, the higher of Sum Assured (less Partial Withdrawals), Fund Value in your investment account, or 105 % of the total premiums paid till the date of death is payable to the beneficiary (nominee / legal heir).

Scenario B - Death Benefit: The higher of Sum Assured (less Partial Withdrawals), Fund Value in the investment account, or 105 % of the total premiums paid till the date of death is payable to the beneficiary (nominee / legal heir).

If 105 % of total premiums paid till the date of death is higher than sum assured on death, then any such difference will be paid as lump sum.

The Death Benefit at any point of time is never less than 105 % of the total premiums paid till the date of death is payable to the beneficiary (nominee / legal heir).

If 105 % of total premiums paid till the date of death is higher than sum assured on death, then any such difference will be paid as a lump sum.

The minimum life cover is not less than 105 % of total premiums paid till the date of death.

For minor lives, when the entry age is below 5 years, in the event of death during the first 1 year and 11 months of the policy, 105 % of total premiums paid till the date of death is payable.

The Death Benefit payable is subject to a minimum of 105 % of the total premiums paid till the date of death and it is irrespective of survival benefits already paid.