Sentences with phrase «unfortunate event of the demise»

In the unfortunate event of the demise of the person insured, the nominee receives the Sum Assured as the Death Benefit.

They help to secure the family needs and monetary goals if the insured party is unable to earn a living or in the unfortunate event of his demise.

In the unfortunate event of the demise of the person insured, the nominee receives the Death Benefit.

In the unfortunate event of the demise of the policyholder, the nominee receives the Sum Assured as the Death Benefit.

In the unfortunate event of the demise of the policyholder, the nominee receives a Death Benefit.

In the unfortunate event of the demise of the child beneficiary, the policyholder may nominate another child as the beneficiary.

The policy ensures that the lifestyle and financial situation of the families of the policyholders are also protected in the unfortunate event of the demise of the policyholder.

In the unfortunate event of your demise, while the policy is still active & before the maturity date, your nominee will get the following death benefit

This is useful to simply provide for a family's survival in the unfortunate event of demise of the bread winner.

In case of an unfortunate event of demise, your nominee will get the death benefit which is the higher of the sum assured or the fund value at that time.

In the unfortunate event of his demise during the policy term, his nominee will receive a lump sum amount as death benefit.

In the unfortunate event of your demise, all the future premiums are waived off, yet the child gets all the benefits.

In the unfortunate event of the demise of an insured, the nominees stand to receive the sum assured as per the policy documents.

This plan provides high life coverage for the policyholder as well as protection for the loved ones of the policyholders in the unfortunate event of their demise.

In the unfortunate event of the demise of a policyholder, the death benefit is paid to the beneficiary.

The policyholder ensures the financial security of his or her loved ones, even in the unfortunate event of their demise, as their nominees receive the Death Benefit.

In case of the unfortunate event of demise of the policyholder, the insurer pays a lump sum amount, which is pre-decided and known as sum insured, to the family of the policyholder.

God forbid, in the unfortunate event of your demise during the policy coverage period, your nominee would be paid ten times the annualized premium or 125 % of the Basic Sum Assured along with simple vested reversionary bonuses and additional final bonus.

v) In the unfortunate event of his demise, his nominee receives the Death Benefit, future premiums are waived and the Guaranteed benefits continue

Scenario II: In the unfortunate event of his demise, his nominee receives a lump sum amount as Death Benefit.

In the unfortunate event of demise of a parent, child plans come bundled with the feature of premium waiver as well as a lump sum death benefit offered to the surviving child at maturity.

A term plan provides a pure life cover and the insurance company pays the chosen sum assured amount to your family, in an unfortunate event of your demise.

Term plans provide the nominee with the sum assured as a financial indemnification in the unfortunate event of your demise during the policy term and policy terminates thereafter.

Not exact matches

Insurance policies provide financial protection to your family in the event of unfortunate demise.

Life Insurance is an agreement between an insurance company and a policyholder, under which the insurer guarantees to pay an assured some of the money to the nominated beneficiary in the unfortunate event of the policyholder's demise during the term of the policy.

A personal accident insurance plan protects the individual and his or her family members in the event of the unfortunate demise of the insured or if there is a serious accident or injury.

Group life insurance ensures financial security to the family in the unfortunate event of a group member's demise.

In case of occurrence of an unfortunate event that results in the demise of the insured party, these survival benefits do not accrue any more.

In case of an unfortunate event of the life insured's demise, the nominee will gets death benefit, which is the higher of the sum assured or the fund value at that time.

In the event of an unfortunate demise of the Life Assured during the Policy Term, the Death Sum Assured is paid to the nominee.

Term plan is a pure protection plan that will provide your family with a payout in the event of your unfortunate demise.

A plan that helps you save during your lifetime and can provide your family with a whole life cover in the event of your unfortunate demise.

This plan enables policyholders to plan and prepare for future financial requirements and future goals and dreams, while providing protection for their loved ones in the unfortunate event of their premature demise.

It also helps provide for their loved ones in the unfortunate event of their early demise, as the nominees receive a guaranteed death benefit, which they may utilize as they wish.

In the unfortunate event of the policyholder's demise, the insurer pays out a lump - sum as death benefit, waives off all future premiums and continues funding the insurance policy until maturity.

This plan offers the best of both worlds — on maturity, the policyholder gets the sum assured, and in the unfortunate event of the policyholder's demise, the family receives a death benefit.

This plan enables policyholders to plan and prepare for future financial requirements, while providing protection for their loved ones in the unfortunate event of their premature demise.

SUD Life Family Income Benefit Rider - Traditional is a protection plan that offers financial protection to your family in the event of your unfortunate demise.

Simply explained, life insurance provides a cover of a defined sum of money which is payable in the event of an unfortunate demise of the person insured.

Term life insurance is a pure and traditional insurance policy that gives your family a fixed amount in the event of your unfortunate demise during the policy term.

Which means the person gets a sum assured on maturity and also in the event of the person's unfortunate demise, the nominee will receive a death benefit.

Term plan is a pure, traditional insurance plan that will provide your family with a payout in the event of your unfortunate demise.

o Option A: - Base: In the event of insured's unfortunate demise, the base sum Assured (less terminal illness benefit already paid) is payable to the nominee as a lump sum amount.

SUD Life Family Income Benefit Rider - Traditional provides financial protection to your family in the event of your unfortunate demise.

Life insurance plans provide a financial assistance and in the event of your unfortunate demise during the term of the policy, an amount equal to sum assured is payable to the family.

In the event of unfortunate demise of the life insured within the policy term, the death benefit is payable to the nominee.

The entire purpose of taking the policy gets defeated if the insurer does not settle the claim in the event of your unfortunate demise.

In the event of your unfortunate demise, a child plan ensures a complete financial protection for your child.It makes sure that your child's future is not compromised, even in your absence.

In the event of an unfortunate demise of the life assured under the plan, the Sum Assured will be paid to the nominee.

Under this plan, the event will be payable to the Nominee or Family member in the event of unfortunate demises of the policyholder.