Sentences with phrase «with simple death benefit»

Term life insurance is the cheapest and simplest option and only provides the business with simple death benefit protection against the loss of a key person.

Not exact matches

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 ifDeath 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 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 ifdeath benefit is provided to the beneficiary of the policy as basic sum assured along with vested simple reversionary bonus and terminal bonus benefit is provided to the beneficiary of the policy as basic sum assured along with vested simple reversionary bonus and terminal bonus if any.

AIG will provide a portion of your death benefit early if you are diagnosed with a terminal or chronic illness, making it simpler to cover medical expenses associated with your condition.

Obviously this is a simple decision if the no - lapse universal life approach is desired: Take the policy with a $ 50 million guaranteed death benefit.

If you need some help with deciding your projected face amount (death benefit) use our websites very simple face amount calculator.

Universal is the simplest way to get a permanent death benefit with potentially flexible premiums, and there are many variations:

While these aren't for the vast majority of younger crowds, they are a simpler, cost effective way for seniors to buy a life insurance policy with a smaller death benefit to pay for basic funeral and funeral related costs.

The Simple Term offers level death benefit for durations of 10, 20, or 30 years, and has an accelerated underwriting process to help consumers get covered faster with less hassle.

Simple reversionary bonus and terminal bonuses (if any) are paid out along with maturity benefit as well as death benefit.

Along with the death benefit and maturity benefit the plan provides terminal bonus (if any) and simple reversionary bonus.

Death Benefit: In case of the demise of the insured person the beneficiary of policy LC Jeevan Anand is payable of total sum assured amount along with the simple reversionary bonus and the tenure of the policy continues to be inforce.

This is a very simple but effective rider that will allow you to use all or just a portion of the policy death benefit for various expenses in the event you are diagnosed with a chronic, critical, or terminal illness.

In simple terms, this is a type of small life insurance with a death benefit.

AIG will provide a portion of your death benefit early if you are diagnosed with a terminal or chronic illness, making it simpler to cover medical expenses associated with your condition.

AIG presents the simplest of its IUL's in the Elite Index II, an indexed universal life product with all the upsides of growth you would expect in an IUL, and downside protection to keep your money safe and secure, all while providing a death benefit.

Naming the charity that you choose since the beneficiary you will ever have insurance policy could be the simplest solution to provide a charity with the death benefit proceeds from an insurance plan, though it will not provide the income tax advantages that are included with gifting an insurance policy.

Group Life — First, we have a simple life insurance policy that provides your loved ones with a death benefit if you were to pass away.

The benefits of a variable policy are simple: if your investments do well, you could end up with sizable cash values and a large death benefit.

If you now no longer want that person receiving the death benefit on your policy, changing your policy beneficiary is simple enough; whichever company you purchased life insurance through can help you with that.

This is the most simple of the kinds of permanent life insurances because it simply provides you with a death benefit and it even provides cash value as well as the other kinds.

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, ifDeath 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, ifdeath after deducting Reversionary Bonus already paid as a part of Income Benefit, along with interim bonus and terminal bonus, if any.

Simple reversionary bonus and terminal bonuses (if any) are paid out along with maturity benefit as well as death benefits.

It is the simple endowment plan with death and maturity benefit which one can buy even for their 8 years old child.

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 BDeath benefit is calculated by adding following amounts: Death Benefit = Sum Assured on death + Vested simple Reversionary Bonus + Final Additionalbenefit is calculated by adding following amounts: Death Benefit = Sum Assured on death + Vested simple Reversionary Bonus + Final Additional BDeath Benefit = Sum Assured on death + Vested simple Reversionary Bonus + Final AdditionalBenefit = Sum Assured on death + Vested simple Reversionary Bonus + Final Additional Bdeath + Vested simple Reversionary Bonus + Final Additional Bonus.

With whole life insurance, the concept is simple: pay a set rate for a guaranteed death benefit and the money will be there for your family when you pass away.

For a 33 year old individual for a cover of Rs. 50 lakhs (and for 10 years after death, a monthly income of Rs. 20,000 increasing @ 10 % simple rate of interest of first year monthly income) for 30 years, the annual premium comes to Rs. 8146 (without accident benefit rider) and Rs. 10,553 (with an accident benefit rider of Rs. 34 lakhs).

The death benefit is also called the coverage amount or policy proceeds, but we'll stick with death benefit to keep things simple.

Simple Reversionary Bonus vested annually from the end of the 1st policy year and is payable on survival during benefit payout term or death of the life insured / maturity of the policy, as applicable under Pure Income Benefit & Income with Maturity Benefit Option respecbenefit payout term or death of the life insured / maturity of the policy, as applicable under Pure Income Benefit & Income with Maturity Benefit Option respecBenefit & Income with Maturity Benefit Option respecBenefit Option respectively.