Sentences with phrase «towards policy maturity»

Under the Dynamic Fund Allocation option, the funds are initially maintained in Growth Super Fund and gradually transferred to Secure Fund towards policy maturity.

There is a Dynamic Fund Allocation option, under which the funds are initially maintained in Growth Super Fund and gradually transferred to Secure Fund towards policy maturity.

As you move towards policy maturity, continuing with the plan may actually be a better alternative.

Not exact matches

When you pay monthly or annual premium into an endowment policy, part of that payment is used to buy life insurance, while the rest is pooled in an investment fund that goes towards your endowment payout upon maturity.

Each premium paid towards the insurance policy as well as the maturity benefits must have «on zero returns», as instructed by IRDA.

The policy will pay 20 % for three years towards the end of the policy term, before maturity.

There is an option of Fund Conservation at Maturity whereby the units form all the funds will be directed to the Debt Fund every half tear in the last 3 policy years to protect the Fund Value form market fluctuations towards Maturity whereby the units form all the funds will be directed to the Debt Fund every half tear in the last 3 policy years to protect the Fund Value form market fluctuations towards maturitymaturity

The premiums you pay towards the policy is also returned at the maturity of the policy.

Premiums paid for this policy is eligible for tax benefits under section 80C, Maturity proceeds can avail tax benefits under section 10 (10D), premium paid towards critical illness rider is eligible for tax benefits under section section 80 D of the Income Tax Act, subject to prevailing tax laws.

This policy provides tax benefits for the premiums paid under section 80C, premium paid towards critical illness rider under section 80D, & maturity proceeds under section 10 (10D) of the IT Act.

Your fund is allocated towards Income Fund as your policy approaches the maturity date.