Sentences with phrase «with lumpsum benefit»

If your nominee is fully capable of handling the finances, you can go for a plan with lumpsum benefit.

Viswanand said, this plan further offers 10 % of the sum assured along with the lumpsum benefit in case of demise of the parent.

Not exact matches

All of this with multiple payout options for the death benefit Sum Assured in the form of lumpsum, monthly payouts and combination of the two.

You have the flexibility to choose the following options - Pro Care - Lumpsum Benefit and Pro Care Plus - Lump sum Benefit with Income Loss Benefit.

Extra Life Option (Accidental Death Benefit): In case policy holder dies due to an accident, death benefit is paid as lumpsum along with extra sum Benefit): In case policy holder dies due to an accident, death benefit is paid as lumpsum along with extra sum benefit is paid as lumpsum along with extra sum assured

You can choose the death benefit payout options as lumpsum or income along with the number of months you want the death benefit to be paid and also between equal or increasing monthly sums compounded @ 5.00 % per annum.

Return of Premium Option: If the policyholder survives till the end of the policy term, he will receive the total premiums paid under this plan option.In case of life assured's death or being diagnosed with any of the Terminal Illness during the Policy Term a Lumpsum benefit will be paid to the nominee.

When the policyholder will be diagnosed with either of the 7 critical illnesses, the critical illness benefit shall be paid as a lumpsum and if that amount is less than the base sum assured, the policy will continue with lesser death sum assured.

The plan provides the policyholder a lumpsum benefit at maturity with life insurance cover.

Max Life Online Savings plan provides the dual benefit of lumpsum payout for your goal along with protection from life's uncertainties.

Someone who is looking for a term plan with a range of cover options like: a) Additional accidental death benefit or b) Increasing life cover during important milestones of life or c) Partial lumpsum payment to family members after death and remaining in monthly payments or d) Big lumpsum payment to family members after death and additional monthly payments If you also have one or more of the above listed requirements, then HDFC Life Click 2 Protect Plus plan is for you.