Sentences with phrase «unfortunate death of»

Amulya Jeevan II, is a pure term insurance policy of LIC, which provides high life cover in case of unfortunate death of policy holder during policy term.
Suppose if, unfortunate death of policy holder happens in year 2031 (at age 44), then Rs. 17,50,000 will be death claim amount in case of New Endowment Plan (814) and Rs. 22,06,250 death claim in case of New Jeevan Anand (815) plan.
Suppose if, unfortunate death of policy holder happens in year 2027 (at age 40), then by that time total premium paid will be Rs. 6,52,620 and nominee will get death claim as Rs. 19,20,000 in case of normal death or Rs. 31,20,000 as accidental death claim in case of death due to accident and policy will stop.
In case of unfortunate death of the policyholder during the policy term sum assured will be payable to the nominee.
In case of unfortunate death of insured, his / her nominee would get sum assured as per policy document and as per the option chosen.
«We have tried to package maximum benefits in the product that can support the family by providing bonus and sum assured at the time of maturity while continuing the cover for lifetime and another sum assured at the time of unfortunate death of the policyholder.
The important part is in case of unfortunate death of insured, nominee would receive sum assured + fund value which is an enhancer.
1) Death Benefits: Unfortunate death of the life assured during the policy term, the nominee would get maximum of the following:
This plan provides for Annual Income benefit that may help to fulfill the needs of the family, primarily for the benefit of children, in case of unfortunate death of Policyholder any time before maturity and a lump sum amount at the time of maturity irrespective of survival of the Policyholder.
The life insurance coverage that you get ensures that incase of an unfortunate death of the Life Insured, an amount equal to sum assured will be paid as a life insurance benefit to the nominee
Death Benefit under PMJDY Scheme: The nominee of the account holder will be entitled to receive death benefit of Rs. 30,000 / - in case of the unfortunate death of the account holder on account of any cause.
In case of unfortunate death of the Life Assured during the term of the policy, Sum Assured is payable, provided the policy is kept in force
Under this plan, financial security will be provided to the family of the policy holder in case of unfortunate death of the insured.
LIC ADHAAR SHILA PLAN is a newly launched plan of LIC which is specially designed for Female Lives having aadhaar card issued by UIDAI.This plan gives protection to the family in case of unfortunate death of policyholder.
This plan gives protection to the family in case of unfortunate death of policyholder.
On unfortunate death of father during term of the policy, Nominee will get $ 4,00,000 immediately & all the future premiums will be waived off & Educational expenses will be covered as under
In the event of unfortunate death of the life assured, Sum Assured on Death plus accrued Guaranteed Additions are payable, provided the policy is in - force.
In case of the unfortunate death of the Life Insured, the nominee gets the Death Benefit which is as defined below for different Policy terms.
The new Money Back Term plan offers to pay a lumpsum payment on the unfortunate death of the life assured during the policy term
Scenario B: On demise of Arav On the unfortunate death of Arav, the Death Benefit Sum Assured of Rs 13,93,100 plus added annual bonus, final bonus and interim bonus is payable.
Death Benefit: In the event of unfortunate death of the policyholder, the sum assured in the form of death benefit along with accrued additional bonuses is paid by the insurer.
In case of unfortunate death of the life assured before the date of maturity, Sum Assured on Death plus vested simple reversionary bonuses and final additional bonus is payable, provided the policy is in - force.
The New Money Back Term plan offers to pay a lumpsum payment on the unfortunate death of the life assured during the policy term.
Scenario B: On demise of Dhruv On the unfortunate death of Dhruv, the annuity payment will stop and the purchase price i.e., Rs 25,00,000 is payable.
In case of unfortunate death of the life assured while the policy is in - force, the Death Benefit payable is higher of Base Sum Assured less partial withdrawals #, 105 % of the total premiums paid, or Base Fund Value.
In case of unfortunate death of the life insured, a Guaranteed Death Benefit (GDB) is higher of Sum Assured, 10 times of annual premium or 105 % of the premiums paid less unpaid due premiums.
In the event of unfortunate death of the life insured during the term of the policy, an immediate lump sum benefit plus Guaranteed Annual Payouts plus Guaranteed Sum Assured on maturity plus Bonuses are payable.
It is to ensure that your family remains financially stable in the event of unfortunate death of either husband or wife.
Scenario B: On demise of Chirag within the policy term On the unfortunate death of Chirag, the Death Benefit payable is higher of Defined Assured Benefit or 105 % of the total premiums paid plus sum guaranteed additions and bonuses.
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 death of the Life Insured, the Sum Assured on Death which is explained below is payable to the Nominee:
In case of the unfortunate death of the Life Insured, a percentage of Monthly Income is payable to the nominee.
In case of unfortunate death of the life insured, Sum Assured on Death plus Vested Simple Reversionary Bonuses plus Terminal Bonus is payable as a lumpsum death benefit and the policy then terminates.
In the event of unfortunate death of the parent during the policy term, the unit linked child plan will provide Sum Assured or Fund Value, (whichever is higher) to the nominee.
In case of the unfortunate death of the Life Insured, a percentage of Monthly Income is payable to the nominee from the next policy month onwards and continues for the next 8, 10 or 15 years depending on the Policy Term option chosen at inception of the policy.
Save - n - Gain Benefit: In case of unfortunate death of the parent or critical illness of the life insured during the policy term, Sum Assured is paid to the beneficiary (child).
Term Insurance Plans in India are best as they come with high risk coverage and low premiums and in case of unfortunate death of the life insured, the nominee would get sum assured.
In case of an unfortunate death of the Life Insured, an amount equal to sum assured will be paid as a life insurance benefit to the nominee.
In case of unfortunate death of Ashish during the 15 policy year, the nominee will receive «5,58,483 at investment return of 8 % or «4,31,073 at investment return of 4 % as Death Benefit and the policy will terminate.
On unfortunate Death of the Life Insured within the Policy Tenure, the higher of the basic Sum Assured, 10 times the Annualized Premium and 105 % total Premiums paid would be paid to the nominee along with the accrued Reversionary Bonus as Death Benefit
In case of the unfortunate death of the child beneficiary, you can nominate another child as beneficiary.
In case of unfortunate death of Gautam during the 5 policy year, his son Arnav, who is the nominee, will receive Rs. 3,00,000 (Guaranteed Maturity Benefit).
Term Insurance is a simple life insurance product which helps protect the financial future of the family, in case of the unfortunate death of the policyholder.
Death Benefit — In case of unfortunate death of the Life Assured during the policy term, then the nominee will get the below: - Sum Assured on Death + Vested Bonus + Interim Bonus + Terminal Bonus if any, subject to a minimum of 105 % of the total premiums paid will be paid as the Death Benefit.
The policy offer a choice of 2 options to select from in case of unfortunate death of the parent
1) Death Benefit: In case of unfortunate death of insured, Sum Assured with bonus additions would be paid to nominee.
In case of an unfortunate death of the policyholder, the nominee receives a lumpsum payout.
Best Term Insurance Plans in India Term Insurance Plans in India are best as they come with high risk coverage and low premiums and in case of unfortunate death of the life insured, the nominee would get sum assured.
However, on unfortunate Death of the Life Insured within the Policy Tenure, the higher of the basic Sum Assured, 10 times the Annualized Premium and 105 % total Premiums paid would be paid to the nominee along with the accrued Reversionary Bonus as Death Benefit and the policy would be terminated.
In case of unfortunate death of the life insured, sum assured would be paid to the nominee of this plan.
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