Sentences with phrase «vested simple reversionary bonuses if»
On death, the nominee gets higher of the SA on death and vested Simple Reversionary Bonuses if any subject to a minimum of 105 % of all premiums paid till death
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Death Benefit - In case of uncertain demise of the insured person during the tenure of the policy the death benefit is provided to the beneficiary of the policy as basic sum assured along with vested simple reversionary bonus and terminal bonus if any.
Under this LIC child plan, in case of death post the deferment period, the Sum Assured on death which is higher of 125 % of the chosen Sum Assured or 10 times the annual premium, vested simple reversionary bonuses and a Final Additional Bonus, if any, is paid subject to a minimum of 105 % of all premiums paid till the date of death
Under this LIC child plan, in case of death post the deferment period, the Sum Assured on death which is higher of the chosen Sum Assured or 10 times the annual premium, vested simple reversionary bonuses and a Final Additional Bonus, if any, is paid, subject to a minimum of 105 % of all premiums paid till the date of death
Vesting Benefits If the insured survives and the policy is in - force till Vesting Date, the Vesting Benefit shall be: Base Sum Assured + Accrued Simple Reversionary Bonus + Terminal Bonus, if anIf the insured survives and the policy is in - force till Vesting Date, the Vesting Benefit shall be: Base Sum Assured + Accrued Simple Reversionary Bonus + Terminal Bonus, if anif any.
Death Benefit = Sum Assured on Death + vested Simple Reversionary Bonuses + Final Additional Bonus if any.
In case of survival till the policy end, one will get Basic Sum Assured + vested Simple Reversionary Bonuses + Final Additional Bonus, if any as maturity benefit.
Beneficiary gets Death Sum Assured plus vested simple reversionary bonus as on date of death, along with Interim bonus, if any
Beneficiary gets Death Sum Assured plus Vested Simple Reversionary Bonus as on the date of death after deducting Reversionary Bonus already paid as a part of Income Benefit, along with interim bonus and terminal bonus, ifBonus as on the date of death after deducting Reversionary Bonus already paid as a part of Income Benefit, along with interim bonus and terminal bonus, ifBonus already paid as a part of Income Benefit, along with interim bonus and terminal bonus, ifbonus and terminal bonus, ifbonus, if any.
Death benefit will be Sum Assured + vested Simple Reversionary Bonuses + Final Additional Bonus, if any.
Vesting Benefit at the end of the 20th year will be Sum Assured + Vested Simple Reversionary Bonus + Terminal Bonus, if any.
Maturity benefit (Benefits payable on maturity) = Basic Sum Assured + vested Simple Reversionary Bonuses + Final Additional Bonus, if any.
In case of sudden death during the policy premium paying term, his / her family or nominee will get «Sum assured on Death» + vested Simple Reversionary Bonuses + Final Additional Bonus, if any as Death benefits.
Maturity benefit will be Sum Assured + vested Simple Reversionary Bonuses + Final Additional Bonus, if any.
The maximum maturity age as per the plan is 75 years If the policyholder survives till the maturity of the policy, then he would be entitled to the basic Sum Assured in addition to simple reversionary bonuses and Final Additional bonus (if anyIf the policyholder survives till the maturity of the policy, then he would be entitled to the basic Sum Assured in addition to simple reversionary bonuses and Final Additional bonus (if anyif any).
On death after the first five years, basic Sum Assured + accrued Guaranteed Additions + vested Simple Reversionary Bonuses and Final Additional Bonus, if any is paid either in lump sum or in annuity or partly in lump sum and partly in annuity.
On Maturity, 40 % of the base Sum Assured + vested simple reversionary bonuses + Final Additional Bonus, if any, are paid.
Basic Sum Assured + (Vested Simple Reversionary Bonuses + Terminal bonus (if any)-RRB- is paid after the completion of the endowment term, provided SBI Shubh Nivesh policy is still in force
On death after the risk cover has begun, the Sum Assured (SA) on death + vested simple reversionary bonuses + Final Additional Bonus, if any, is payable subject to a minimum of 105 % of all premiums paid till death.
On Vesting, basic Sum Assured + Guaranteed Additions + vested simple reversionary bonus + Final Additional Bonus, if any, is payable to the policyhobonus + Final Additional Bonus, if any, is payable to the policyhoBonus, if any, is payable to the policyholder.
Basic Sum Assured + (Vested Simple Reversionary Bonuses + Terminal bonus (if any)-RRB- is paid after completion of the endowment term, provided SBI Shubh Nivesh policy is still in force
If all the regular premiums for decided term are paid with no balance premium, the Death benefit is calculated by adding following amounts: Death Benefit = Sum Assured on death + Vested simple Reversionary Bonus + Final Additional Bonus.
If the policyholder has paid all the premiums that is the full amount and survives till the end term of the policy than the Maturity Benefit will be included in the Sum quoted on the maturity plus the vested Simple reversionary benefits and the Final Additional Bonus if any is there will be addeIf the policyholder has paid all the premiums that is the full amount and survives till the end term of the policy than the Maturity Benefit will be included in the Sum quoted on the maturity plus the vested Simple reversionary benefits and the Final Additional Bonus if any is there will be addeif any is there will be added.
After the policy matures, maturity amount which includes 40 % of sum assured + Accrued Bonuses (vested Simple Reversionary Bonuses) + Final Additional Bonus (FAB — if any) will be paid.
The paid - up value is equal to the paid - up sum assured including vested simple reversionary bonus with the terminal bonus if any.
Benefit on Vesting would be provided under the policy in full force, on vesting an amount equal to the Basic Sum Assured along with accrued Guaranteed Additions, vested Simple Reversionary bonuses and Final Additional bonus, if any, shall be made available to the Life AVesting would be provided under the policy in full force, on vesting an amount equal to the Basic Sum Assured along with accrued Guaranteed Additions, vested Simple Reversionary bonuses and Final Additional bonus, if any, shall be made available to the Life Avesting an amount equal to the Basic Sum Assured along with accrued Guaranteed Additions, vested Simple Reversionary bonuses and Final Additional bonus, if any, shall be made available to the Life Assured.
In addition to the above, vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall also be payable.
If Mr. Ashish survives as said in the first case, then he gets the maturity benefit as follows: Maturity Benefit = Sum Assured on maturity + Vested simple Reversionary Bonus + Final Additional Bonus.
But if unfortunate death happens after commencement of risk, then nominee will get Sum Assured on death + Vested Simple Reversionary bonuses and Final Additional Bonus (if any).
If an insured person survives the policy term, he / she will be entitled to the maturity benefit that is, Sum Assured along with vested Simple Reversionary Bonus + Final Addition Bonus.
Maturity Benefit: The Basic Sum Assured, along with the vested simple reversionary bonuses and Final Additional bonus, if any, shall be payable in lump sum on Survival to the end of the policy term provided all due premiums have been paid.
As a survival benefit at the end of policy term the policyholder receives guaranteed sum assured, vested simple reversionary benefit, terminal bonus (if any).
In case the insured dies post deferment period, the sum assured that is the higher of chosen sum assured or 10 times the annual premium, vested simple reversionary bonuses and final addition bonus, if any shall be paid, subject to a minimum of 105 % of all premiums paid till the date of death
Death Benefit: In case of death of the insured before the completion of the tenure of the insurance plan, the nominee would get Sum Assured on Death + Vested simple reversionary Bonuses + Final Additional Bonus (if any).
In the event of death of the policy holder during the policy term, the policy holder gets the sum of Sum Assured, vested Simple Reversionary Bonus and Final Additional Bonus, if any.
If you survive the policy term, you get Sum Assured + Vested Simple Reversionary Bonus + Final Additional Bonus, if anIf you survive the policy term, you get Sum Assured + Vested Simple Reversionary Bonus + Final Additional Bonus, if anif any.
If the life insured survives till the end of the policy term, Sum Assured on Maturity + Vested simple reversionary bonus + Final Additional Bonus (if any) is payable to the policy holdeIf the life insured survives till the end of the policy term, Sum Assured on Maturity + Vested simple reversionary bonus + Final Additional Bonus (if any) is payable to the policy hobonus + Final Additional Bonus (if any) is payable to the policy hoBonus (if any) is payable to the policy holdeif any) is payable to the policy holder.
a) Death Benefit: In case of death of insured before the completion of tenure of the insurance plan, nominee would get Sum Assured on Death + Vested simple reversionary Bonuses + Final Additional Bonus (if any).
Maturity Benefit: At the maturity, policy holder would get Basic Sum Assured + vested simple reversionary Bonuses + Final Additional Bonus (if any).
If Mr. Raman survives till the end of the policy term, Rs 50,000 plus vested Simple Reversionary Bonuses and Final Additional Bonus is payable.
In addition, the surrender value of any vested Simple Reversionary Bonuses, if any, shall also be payable, which is equal to accrued bonuses multiplied by the surrender value factor applicable to accrued bBonuses, if any, shall also be payable, which is equal to accrued bonuses multiplied by the surrender value factor applicable to accrued bbonuses multiplied by the surrender value factor applicable to accrued bonusesbonuses.
The non-guaranteed vested simple Reversionary Bonus along with Terminal Bonus (if any), shall be payable as lump sum immediately on Death of Life Insured.
If Mr. Raman survives till the end of the policy term, Rs 3 Lacs plus vested Simple Reversionary Bonuses and Final Additional Bonus is payable.
If single or both partners are alive during the maturity, they receive basic sum assured, along with vested simple reversionary bonuses and terminal bonus.
Sum Assured + Simple Reversionary Bonus + Final Addition Bonus (if any) if all due premiums have been paid.
Scenario A: Raman Survives the Policy Term If Mr. Raman survives till the maturity of the policy term, he receives Final survival benefit installment + Vested Simple Reversionary Bonus + Terminal Bonus.
Scenario A: Rajeev Survives the Policy Term If Rajeev survives till the maturity of the policy term, Basic Sum Assured plus vested Simple Reversionary Bonuses and Final Additional bonus is payable.
If Mr. Raman dies during the policy term, his nominee will receive Rs 5 Lacs along with vested Simple Reversionary Bonus and Terminal Bonus.
If one or both of the lives assured survives till end of the policy term, Basic Sum Assured plus vested simple reversionary bonuses plus terminal bonus is payable, provided the policy is in - force.
ON DEATH: After the commencement of risk if insured dies, nominee will get SUM ASSURED on death and vested simple reversionary bonuses and final additional bonus, if any, shall be payable.