Sentences with phrase «traditional endowment plan»

Second, the plan should be kept in force for more than two years for traditional endowment plans and five years for unit - linked plans.

These plans can be offered as traditional endowment plans or unit linked plans.

The plan will continue just like in case of traditional endowment plans.

This plan is a money - back traditional endowment plan.

In several traditional endowment plans, you may not even get your premiums back in the initial years.

Bajaj Allianz Guarantee Assure is a non-participating traditional endowment plan which provides wealth creation and insurance protection for complete security of the policy holder.

SBI Shubh Nivesh is a non-linked participating traditional endowment plan with the option of a whole life cover.

Unlike traditional endowment plans where survival benefits are payable only at the end of the endowment period, a money back plan offers periodic payments of partial survival benefits during the tenure of the policy as long as the policyholder is alive.

Bajaj Allianz Life Super Life Assure is a non-linked, participating, regular premium paying traditional endowment plan that provides the dual benefit of life cover and compulsory savings that further helps you achieve the targeted financial goals.

ULIPs don't have heavy surrender costs (as in traditional endowment plans).

ULIPs differ from traditional endowment plans in certain areas.

Savings plan includes traditional endowment plans, unit linked insurance plans, child's plans and money back plans.

This double benefit endowment plan redefines the conventional concept of insurance plans and is different from all other traditional endowment plans available in the market.

Maturity - A traditional endowment plan with the added feature that even after the maturity, the plan continues to be in force.

The company has filed traditional endowment plans for life insurance business and personal accident and health insurance products with the Irda.

Read: Term insurance Vs traditional endowment plans.

Bajaj Allianz Life Super Life Assure is a non-linked, participating, regular premium paying traditional endowment plan that provides the dual benefit of life cover and compulsory savings that further... Read more

From traditional endowment plans to innovative tax saving plans, and from lucrative money back plans to micro insurance plans, LIC has it all and much more.

Commission to agents / corporate agents / bancassurance varies between 7.5 per cent for ULIP and 40 per cent for traditional endowment plans

While in traditional endowment plans the service tax (including cess) is 3.09 per cent for the first year, it is 1.545 per cent of the premium from the second year onwards.

1 — It is a traditional endowment plan.

Read: Traditional endowment plan — a terrible investment option?

While we have the traditional endowment plans, like the one Mahesh had purchase, we also have money back plans, marriage endowment plans, child endowment plans, education endowment plans and so on.

These plans are essentially of two types, Unit Linked Insurance Plans or ULIPs that provides returns based on market performance, and traditional endowment plans that offer a lump sum or annuity payout at the end of the policy term when the life insurance policy matures.

Usually child plans come with the bonus earning feature if they are offered as a traditional endowment plan.

This is a traditional endowment plan that also provides the benefits of bonuses.

This is a traditional endowment plan that helps you to fulfil your aspirations and realize your dreams by offering you a steady income.

Aviva Wealth Builder is a traditional endowment plan without a bonus feature.

Presenting «Bajaj Allianz Save Assure» - a traditional endowment plan that not only secures you and your family but also guarantees 115 % of your sum assured.

ULIP, a variant of the traditional endowment plan, gives greater control to the policyholder with respect to where the premium can be invested.

This traditional endowment plan provides the triple benefits of income benefits with insurance cover and saving option.

The Future Generali Assure Plus plan is a traditional endowment plan with limited premium payment terms.

For example, a ULIP can earn you a much higher return than a traditional endowment plan.

The Future Generali Saral Bima Plan is a traditional endowment plan that offers life insurance cover.

Sahara Dhanvarsha:: This is a traditional endowment plan which provides twin benefits of guaranteed cash at specific periods and protection against unpredictable emergencies.

It's a traditional endowment plan, in which the part of the premium is for insurance and the other part is used to build funds.

Whereas ULIP is an alternative to traditional endowment plan paying out sum assured or investment amount whichever is higher, on death or maturity whichever is earlier.

Edelweiss Tokio Life Wealth Builder Plan is a traditional endowment plan which promises guaranteed returns on death or maturity of the plan.

ICICI Prudential's Savings Suraksha is a traditional endowment plan whereby the policyholder gets a guaranteed maturity benefit.

Unit linked insurance plans (ULIP) ULIPs are a variant of the traditional endowment plan.

ICICI Pru Saving Suraksha plan is a traditional endowment plan which is an ideal savings and protection plan.

Canara HSBC OBC - Smart Vriddhi plan is a traditional endowment plan which offers you to plan your savings for a better future of your loved ones.

Save Assure is a traditional endowment plan that protects finances by providing guaranteed returns with policy terms of 15 and 17 years, premium payment terms of 10 and 12 years, no premiums payable in the last five policy years and guaranteed return of 115 per cent of the sum assured, the company said.

Invest Assure is a traditional endowment plan that assures protection to the consumer and his family by providing financial benefits, it said.

As the name suggests, these products guarantee returns at the time of buying (non-participating plans) as against the traditional endowment plans that declare returns in the form of annual bonuses over and above the fixed benefits (participating plans).

Merely buying a life insurance policy such as a term insurance plan or a traditional endowment plan may not cover all risks.