Sentences with phrase «yearly payout of»

So in case if Mr Duggal passes away his wife will get to receive the yearly payout of Rs. 65,530 all through her lifetime.

In our example, Patricia could buy a $ 300,000 annuity at age 65 and generate a yearly payout of $ 15,040 for life, based on a recent quote provided by Cannex Financial Exchanges Ltd. (This particular annuity includes annual payout increases of 2 % designed to compensate for inflation and a 10 - year guarantee period.)

That fund has seen the same sharp uptick in payouts that private insurers have noted, with payments growing from an average yearly payout of about $ 12 million from 1970 to 1994, to an average of $ 163 million from 1995 to 2004, and then to an average of $ 373 million between 2005 to 2015.

Not exact matches

[112] The company began to offer a dividend on January 16, 2003, starting at eight cents per share for the fiscal year followed by a dividend of sixteen cents per share the subsequent year, switching from yearly to quarterly dividends in 2005 with eight cents a share per quarter and a special one - time payout of three dollars per share for the second quarter of the fiscal year.

Under the city's current disability rules, that makes him eligible for a yearly disability payout of 50 percent of his salary, for a total of approximately $ 21,000.

As a result of this low turnover, you won't incur the regular capital gains taxes generated by the yearly distributions most conventional mutual funds payout to unitholders.

Like Max's plan, Kotak's plan also has the option called «Recurring payout» wherein part of the claim is paid on policy holder's death and a fixed monthly / yearly amount is paid for next 15 years to the nominee.

Even though the interest is calculated on an annual basis, the payout of the interest amount can either be monthly, half - yearly, quarterly or even monthly.

Recurring payout option also allows the beneficiary to receive a lump sum benefit instead of regular monthly or yearly payouts anytime after the death of the life insured.

The balance is subsequently paid in monthly or yearly payouts for a period of 15 years.

Guaranteed Annual Payouts — once the 10th policy year is completed, you will begin receiving yearly payouts until maturity or death of the Life insured (whichever is ePayouts — once the 10th policy year is completed, you will begin receiving yearly payouts until maturity or death of the Life insured (whichever is epayouts until maturity or death of the Life insured (whichever is earlier)

Like Max's plan, Kotak's plan also has the option called «Recurring payout» wherein part of the claim is paid on policy holder's death and a fixed monthly / yearly amount is paid for next 15 years to the nominee.

Monthly payouts that multiply at a pre-specified rate yearly for a particular number of years — at a fixed percentage or depending upon the rate of inflation.

Recurring Payout Option: Under this payout option, the nominee receives 10 % of the sum assured on the death of life insured as an immediate payment once the claim is accepted.The balance amount of sum assured is paid either as monthly or yearly iPayout Option: Under this payout option, the nominee receives 10 % of the sum assured on the death of life insured as an immediate payment once the claim is accepted.The balance amount of sum assured is paid either as monthly or yearly ipayout option, the nominee receives 10 % of the sum assured on the death of life insured as an immediate payment once the claim is accepted.The balance amount of sum assured is paid either as monthly or yearly income.

To get started with this immediate Annuity plan, you need to choose a one - time lumpsum amount (purchase price), select any of the four Annuity Options, and the Payout Mode (monthly, quarterly, half - yearly, yearly).

Regular guaranteed income as monthly or yearly payout after completion of the premium payment term.

This type of payout option allows the nominees to receive the portion of claim benefit as a lump sum and the remaining amount as installments in the form of a monthly or yearly income for a specified period of time depending upon the plan conditions.

A pension plan is a plan in which you pay once and you start receiving pension at a pre-decided frequency (choice of yearly, half yearly, quarterly, monthly payout options) for life with a guarantee of return of full purchase price in case of death of policy holder.