Sentences with phrase «with guaranteed lump sum»

This is a regular plan, non linked scheme offers long term protection and savings along with guaranteed lump sum payment every 3 years.

This product provides guaranteed money back payouts during the policy term along with guaranteed lump sum on maturity and bonus (es) which can be utilized by the customer to fulfill various planned milestones.

Not exact matches

The premise behind an immediate annuity is simple: You invest a lump sum of money with an insurance company (although you would actually do so through an adviser, a broker or insurance agent) and in return you receive a guaranteed monthly payment for life regardless of how the financial markets perform.

That's because when you invest a lump sum with an insurer today, the insurance company guarantees you will receive a monthly income payment for the rest of your life.

With an income annuity, you give the insurance company a lump sum in exchange for a guaranteed stream of income.

You'll probably end up with less guaranteed income (or a smaller stash of assets) using this tactic than had your company offered a partial lump sum - and - annuity option.

With these accounts, you contribute a lump sum today that is guaranteed to pay for a certain period of time (such as a semester) at a qualifying institution in the future.

Typically, these large down payments will cause prospective home buyers to need to save for many months, or even years, to afford the lump sum down payment, but government guaranteed VA loans with no down payment will often eliminate this inconvenient need.

As a result, over the last few years, some annuities have been introduced that not only have a set guarantee period but also provide individuals with access to a lump sum cash advance of the future guaranteed payments.

You hand over a lump sum to an insurer and begin receiving guaranteed monthly payments for the rest of your life immediately with an immediate annuity or, in the case of a longevity annuity, payments that start at later time, say, 10 or 15 years after you retire.

Annuity: An investment, purchased with a lump sum, that guarantees to pay a set income for either an agreed number of years, or for life.

While many credit counseling agencies are non-profit, debt settlement companies are for - profit businesses that agree, with no guarantees, to negotiate with creditors to pay off your debts in a lump sum for a fraction of what you owe.

With DIAs, investors turn over a lump sum to the insurance company with a guarantee of future income laWith DIAs, investors turn over a lump sum to the insurance company with a guarantee of future income lawith a guarantee of future income later.

If the policyholder is diagnosed with a terminal illness, a lump sum benefit of 50 % of the Guaranteed Maturity SA is paid immediately which is later offset form the benefits payable

On maturity, a lump - sum amount along with Assured Sum and guaranteed accrued is received by the insurer.

Single - premium variable life insurance allows you to buy insurance with a single premium (lump sum) payment in return for a guaranteed death benefit that will remain paid - up until you die.

A life insurance policy is designed to pay out a cash lump sum if the person (s) insured dies during the term of the plan; this will guarantee that the beneficiaries will not be faced with financial difficulties even though they now face a loss of income.

Maturity benefit: On the maturity of the policy, both guaranteed additions and loyalty additions are paid out along with the lump sum assured.

The money in your fixed annuity, which you invest as a lump sum, earns a guaranteed fixed rate of interest.2, 3 Fixed deferred annuities are not subject to the ups and downs of the stock market and you don't pay taxes on your earnings until you withdraw them.4 With a fixed deferred annuity, you will also receive protection for your beneficiaries through a guaranteed death benefit.2

The money in your annuity, which you invest as a lump sum, earns a guaranteed fixed rate of interest.2 Fixed deferred annuities are not subject to the ups and downs of the stock market and you don't pay taxes on your earnings until you withdraw them.3 With a fixed deferred annuity, you will also receive protection for your beneficiaries through a guaranteed death benefit.1

You may also choose a policy with a guaranteed death benefit, which means your family is guaranteed to receive a lump sum of money in the event of your passing.

Most insurance companies in India offer online money income plans that help the insured and his or her nominees to get a guaranteed monthly income along with a lump sum payment, if the plan allows, at the end of the plan tenure.

With one lump sum premium, you can turn a portion of your retirement savings into a lifetime of guaranteed income payments with the New York Life Guaranteed Lifetime Income AnnuityWith one lump sum premium, you can turn a portion of your retirement savings into a lifetime of guaranteed income payments with the New York Life Guaranteed Lifetime Income Aguaranteed income payments with the New York Life Guaranteed Lifetime Income Annuitywith the New York Life Guaranteed Lifetime Income AGuaranteed Lifetime Income Annuity II.

PNB MetLife Guaranteed Savings Plan is a guaranteed savings insurance plan that helps you fulfil your dreams by offering lump sum benefit on maturity along with guaranteed additions on cumulativeGuaranteed Savings Plan is a guaranteed savings insurance plan that helps you fulfil your dreams by offering lump sum benefit on maturity along with guaranteed additions on cumulativeguaranteed savings insurance plan that helps you fulfil your dreams by offering lump sum benefit on maturity along with guaranteed additions on cumulativeguaranteed additions on cumulative premiums.

This means that while beneficiaries will receive more guaranteed money in the long run with interest, they might be able to make more by taking the lump sum and making smart investments.

You won't have premium hikes when you pay with a lump sum, and a policy with a limited number of payments might even guarantee the premiums will stay the same.

The 50 % Death Benefit guarantee means that regardless of what happens with the SPIA policy, one - half of the initial premium will go to the beneficiaries in a lump sum.

You pay one lump sum to get a paid up life insurance policy with a guaranteed death benefit.

This offers guaranteed benefits includes fixed addition that accrue every year with an additional lump sum at maturity.

ICICI Pru Cash Advantage: ICICI Pru Cash Advantage is a unique savings and protection focused plan offering guaranteed amount every month after the end of the premium payment term, a guaranteed lump sum amount on maturity, along with bonuses and life cover to take care of your loved one in case of your death.

A lump sum amount equal to 10 times ** the annualized premium along with accumulated bonuses and Applicable Guaranteed Terminal Additions is paid immediately to the family members applicable

Endowment policies are meant for those looking for regular savings with a 100 % guarantee on their investment, those who require a lesser sum assured, and a lump sum amount at a particular age.

On policy maturity, you get a guaranteed lump sum amount along with bonuses accumulated during the policy term.

There is a guaranteed sum assured along with bonuses which would be given in lump sum as the death benefit to your nominees.

These policies are combination long - term care life insurance contracts that provide you with many benefits, such as a guaranteed lump sum death benefit, guaranteed long - term care benefit, cash value growth and potential return of premium.

The main benefit with a cancer insurance type of policy is the ability to obtain a lump sum payment in the event of a diagnosis of a covered condition that is almost guaranteed to be financial burden.

In case of an unfortunate event, your family will be paid Guaranteed Death Benefit (GDB) amount along with the accumulated bonus in lump sum.

b.) With the Endowment option you will get a guaranteed lump sum amount at Maturity, provided the Policy is in force, to help meet your child's dream.

This plan also provides guaranteed lump sum at maturity along with life cover for the entire policy term.

Scenario B: Mr. Gupta dies during the Term of the Policy In the event of unfortunate demise of Mr. Gupta in the 3rd policy year after payment of 3 years» premiums, his family will receive a lump sum amount of Rs 1,014,000, Guaranteed Sum Assured on maturity equal to Rs 2,00,000 along with accrued Annual bonuses and Final bonus, is payable on maturity.

Bharti AXA Life Super Series is a non par, Money back plan that provides a lump sum payout on completion of the premium payment term along with increasing guaranteed payouts until maturity and a lump sum payout at Maturity.

Under this option, the benefit is payable as a single lump sum on the date of maturity along with the guaranteed addition of 5 % of Sum Assured.

In case the life insured is diagnosed with a critical illness (from a list of pre-defined critical illness covered under this benefit), a lump sum total of the guaranteed annual payouts, proportional to the premiums received, is paid out immediately to help with the treatment and other expenses.

Higher of sum assured along with non guaranteed simple reversionary bonuses and non guaranteed terminal bonus paid as a lump sum or 105 % of all premiums paid

Death after first five policy years: Provided the policy is in full force, Basic Sum Assured along with accrued Guaranteed Addition, Vested simple Bonuses and final additional bonus, if any, shall be paid as lump sum or in the form of an annuity or partly in lump sum and balance in the form of an annuity to the nominee / legal heir at the then prevailing immediate annuity rates.

In case the life insured is diagnosed with a critical illness (from a list of pre-defined critical illness covered under this benefit), a lump sum total of the Guaranteed Annual Payouts, proportional to the premiums received, is paid out immediately to help with the treatment and other expenses.