Sentences with phrase «types of guaranteed payouts»

3 types of Guaranteed payouts options a) Monthly Income (as opted) b) Annual Income - 5 times of monthly income at the end of each policy year of payout period, c) 40 times / 70 times of monthly income as Guaranteed Maturity Benefit.

Not exact matches

With this type of plan, you get a guaranteed payout for life.

This type of plan is technically a term policy with a guaranteed payout.

• Permanent coverage, no need to renew it • Guaranteed level premiums; no surprises • Limited pay period available • Cash surrender values • Dividend payouts if participating type of policy

This type of policy costs a little more than mortgage life insurance, but it carries a guaranteed minimum payout and allows you to name the beneficiaries.

Cash value policies are one of the most expensive types of life insurance because of the guaranteed payout.