Sentences with phrase «unfortunate death of the insured»

Under this plan, financial security will be provided to the family of the policy holder in case of unfortunate death of the insured.

In the event of unfortunate death of the insured, 10 % of the sum assured will be paid out on every policy anniversary till the policy matures.

Mortality Charge is one that is paid in lieu of the assurance given by the insurance company of providing benefits to the beneficiary in the event of unfortunate death of the insured.

Upon the unfortunate death of the insured, the beneficiary can rightly claim the amount invested by the insured.

In the event of the unfortunate death of the insured (parent) during the policy tenure, insurance companies often offer to waive the premium.

In the event of the unfortunate death of the insured, the sum assured is paid to the nominee or beneficiary.

On the unfortunate death of the insured person, the beneficiary is provided with the death benefit that is higher of the fund value and the basic sum assured.

TROP pays the death claim amount to the nominees in the event of an unfortunate death of the insured.

In case of the unfortunate death of the insured, the sum assured will be the amount which is higher of basic sum assured, 105 % of total premium paid, 10 times of the annualized premium, or maturity benefit.

1) Death Benefit: In case of unfortunate death of insured, Sum Assured with bonus additions would be paid to nominee.

Under this policy, the child is the beneficiary and in the event of an unfortunate death of the insured parent, the child receives the death benefit.

The important part is in case of unfortunate death of insured, nominee would receive sum assured + fund value which is an enhancer.

In case of unfortunate death of insured, his / her nominee would get sum assured as per policy document and as per the option chosen.

1) Death Benefit: In case of unfortunate death of insured, his / her nominee would get sum assured as per policy document and as per the option chosen.