Sentences with phrase «year simple reversionary bonus»

Each year simple reversionary bonus is declared as a percentage of the quoted sum under this policy.

Not exact matches

Non-Guaranteed Annual Simple Reversionary Bonus gets accrued to the policy at the end of each year provided all due premiums are paid.

A non-guaranteed simple annual reversionary bonus gets accrued to the Policy from the end of 1st Policy year and will get paid out on Maturity or on death.

In case the insured dies after the completion of first 5 years of the policy, the nominee of the policy receives the basic sum assured + accrued guarantee addition + simple reversionary bonus + final reversionary bonus (if any), which can be paid as a lump - sum or as an annuity, or as a combination of two.

Simple reversionary bonuses accrue from the 3rd policy year and thereafter till the end of the term.

Simple Reversionary Bonuses (per thousand Sum Assured) are declared at the end of every financial year for the entire policy term until the final payment is done.

Guaranteed Smart Benefits are paid for 4 years @ 25 % of the Basic Sum Assured and 25 % of the vested Simple Reversionary Bonuses after the child attains 18 years and till he reaches 21 years

Maturity Benefit: in case the life insured survives the entire tenure of the policy then a basic sum assured amount along with the accrued bonus or simple reversionary bonus is paid to the insured as maturity benefit after the completion of whole policy year.

Simple Reversionary Bonus is added to the policy from the start of the third policy year and continues until maturity.

In addition to Simple Reversionary Bonuses, the Company may also declare Terminal Bonus from year five onwards.

Vesting Benefit at the end of the 20th year will be Sum Assured + Vested Simple Reversionary Bonus + Terminal Bonus, if any.

Bonuses — Any Simple Annual Reversionary Bonuses get accrued to your plan from the end of the first year of the policy and are eligible to be paid upon Maturity, Death or Accidental Total Permanent Disability

Bonuses — Non-guaranteed Annual Simple Reversionary Bonus can be declared by the company and accrued to the policy at the end of each year, if all premiums are paid.

Base Sum Assured along with the vested Simple Reversionary Bonuses shall be used to provide an annual income benefit at the end of every subsequent policy year after the premium payment term, i.e. (Base Sum Assured + vested Simple Reversionary Bonus) x Income Benefit Factor

If Death occurred after 5 years, Basic Sum Assured, accrued Guaranteed Addition, Simple Reversionary, and final extra bonus if any is paid to nominee.

Get Guaranteed Sum Assured plus vested simple reversionary bonus till the end of premium payment term 10 equal installments starting from the 11th policy year till maturity of your policy.

Simple Reversionary Bonuses will be declared during the policy term, starting from first policy year, which shall accrue at the end of each year.

Most money back plans offer a simple reversionary bonus that is declared at the end of a year and gets added to the overall bonus that the insured receives at the end of the policy period.

In case of death post the first 5 years, the chosen Sum Assured under the LIC pension plan including the accumulated Guaranteed Additions, Simple Reversionary Bonuses and Final Additional Bonus, if any till the date of death is payable to the nominee who can avail the death benefit whether in lump sum or annuity or partly in lump sum and partly in annuity depending on his choice

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 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.

Guaranteed simple reversionary Bonuses for first 5 years; @ 2.50 % for first three years and @ 2.75 % for the next two years, of the Sum Assured.

Simple Reversionary Bonus and Terminal Bonus are added to the policy from the start of the third policy year and continue until maturity.

The policyholders» savings grow with the Simple Reversionary Bonus that the policy offers starting from the end of the first policy year.

Thereafter, Simple Reversionary Bonuses and Final Additional Bonus are paid from the 6th policy year depending on the profit experience of the company

Bonuses (Simple Reversionary Bonus and Terminal Bonus) are added to the policy at the end of every financial year provided all premiums have been paid.

Regular Bonus: Enjoy simple reversionary bonuses that are credited to your policy at the end of each financial year.

If, under the policy, the Simple Reversionary Bonus for a particular financial year is Rs 30; the total bonus that Kanchan accrues during the plan will be: Bonus = 30/1, 000 X Sum Assured = 30/1, 000 X 10,00,000 = 30,000 for that particular Bonus for a particular financial year is Rs 30; the total bonus that Kanchan accrues during the plan will be: Bonus = 30/1, 000 X Sum Assured = 30/1, 000 X 10,00,000 = 30,000 for that particular bonus that Kanchan accrues during the plan will be: Bonus = 30/1, 000 X Sum Assured = 30/1, 000 X 10,00,000 = 30,000 for that particular Bonus = 30/1, 000 X Sum Assured = 30/1, 000 X 10,00,000 = 30,000 for that particular year.

This profit is distributed is to you under two names — «Simple Reversionary Bonus» which is declared every year and «Final Additional Bonus» which is paid on the maturity of the policy.

Simple Reversionary Bonuses is declared annually at the end of each financial year.

In the event of demise of Mr. Raman during any policy year, Rs 2 Lacs plus vested Simple Reversionary Bonuses and Final Additional bonus is payable as the death benefit to the nominee.

Simple Reversionary Bonuses are declared annually at the end of each financial year.

Simple Reversionary Bonus is announced every year by LIC.

Base Sum Assured + Simple Reversionary Bonus (announced every year) + Final Additional Bonus (applicable in the year of death)

On death after the first five policy years, the Basic Sum Assured along with accrued Guaranteed Addition, Simple Reversionary and Final Additional Bonus is paid.

The policy differentiates between the Simple Reversionary Bonus during the premium payment term and the years after the premium payment term is over.

Non-Guaranteed Annual Simple Reversionary bonus gets accrued to the policy at the end of each year provided all due premiums are paid and is payable at Maturity.

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 respectively.

Simple Reversionary Bonuses is declared at the end of each financial year and it is a percentage of the sum assured.

The plan is eligible for the bonuses declared by the company.A simple Reversionary Bonus which is declared at the end of each financial year and is payable either on death or on maturity, whichever event happens first.The plan offers minimum 3 % guaranteed reversionary bonus.A Terminal Bonus may be added to a policy which depends on the actual future experience it is not a guarantReversionary Bonus which is declared at the end of each financial year and is payable either on death or on maturity, whichever event happens first.The plan offers minimum 3 % guaranteed reversionary bonus.A Terminal Bonus may be added to a policy which depends on the actual future experience it is not a guarantreversionary bonus.A Terminal Bonus may be added to a policy which depends on the actual future experience it is not a guaranteed benefit.

A non-guaranteed simple annual reversionary bonus gets accrued to the Policy from the end of 1st Policy year and will get paid out on Maturity or on death.

Non-guaranteed annual simple reversionary bonus gets accrued to the policy at the end of each year provided all due Premiums are paid and is payable at Maturity.

Simple Reversionary Bonus: Simple Reversionary Bonus is declared at the end of each financial year and is expressed as a percentage of sum assured on maturity.

A non-guaranteed simple annual reversionary bonus gets accrued to the policy from the end of 1st Policy year and will get paid out on Maturity or on death.

Non Guaranteed Simple Annual Reversionary Bonuses get accrued to the policy from the end of 1st policy year and get paid out on Maturity or on death.

In the event of demise of Mr. Raman during any policy year, Rs 3 Lacs along with vested Simple Reversionary Bonuses and Final Additional Bonus is payable.

Potential Upside through Bonuses: Non-Guaranteed Simple Annual Reversionary Bonuses (if any) get accrued to the policy from the end of 1st policy year and get paid out on Maturity, Death or Accidental Total Permanent Disability.

Simple Reversionary Bonus: You can avail Simple Reversionary Bonus from 6th policy year onwards at a rate, as declared by the Corporation.

Raman will receive 20 % of Rs 5 lacs (Base Sum Assured) which is Rs 1 lac in the last three years plus Minimum guaranteed sum assured on maturity is 40 % of the base sum assured which is Rs 3 Lacs plus accrued terminal and simple reversionary bonus.

Simple Reversionary Bonus is declared every year and the bonus is guaranteed to be payable on vesting provided all due premiums are paid.Terminal Bonus may be declared from the 5th policy year onwBonus is declared every year and the bonus is guaranteed to be payable on vesting provided all due premiums are paid.Terminal Bonus may be declared from the 5th policy year onwbonus is guaranteed to be payable on vesting provided all due premiums are paid.Terminal Bonus may be declared from the 5th policy year onwBonus may be declared from the 5th policy year onwards.