Sentences with phrase «years minimum sum»

22 years the minimum sum assured available will be 11 times of Annualized Premium i.e, (0.5 * 22 * Annualized Premium)

Not exact matches

The ministers said this sum is the minimum that will be needed over the next three years to evaluate, repair or shut down reactors.

Children in poorly functioning public schools can use these scholarships to attend any private school (that sum will cover nearly all of the tuition at most Catholic schools), with a minimum commitment from the foundation of three years» worth of support.

Even if you're struggling with debt, it would be a good idea to make a few large lump sum payments at least twice a year to indicate that you do have some cash to pay down the debt — send them at least three or four times more than the minimum required.

A sum of money is put aside over a period of years for the benefit of a minor, for a college education, or for the minor's attaining a certain age: a minimum of 18, sometimes 21, possibly 25 or even older, depending on when the grantor feels that the minor is responsible enough to handle the money.

Minimum sum assured: 10 times your annualized premium (if your age was below 45 years at the time of entry) 7 times your annualized premium (If your age at entry was 45 years or above)

In case of ULIPs (issued after Sep 2010), if discontinued in first 2 years then the sum assured will be paid after the lock - in period of 5 years with minimum guaranteed return of 4 %.

Each Circle of Hope member makes a tax - deductible gift of $ 2,400 or more per year with a minimum one year commitment (payment can be made in a lump sum or by a monthly payment of $ 200).

Minimum variable premium for Reliance Online Term is not available and minimum variable premium for LIC New One Year Renewable Group Term Assurance Plan 1 is Depends on the sum assured and grouMinimum variable premium for Reliance Online Term is not available and minimum variable premium for LIC New One Year Renewable Group Term Assurance Plan 1 is Depends on the sum assured and grouminimum variable premium for LIC New One Year Renewable Group Term Assurance Plan 1 is Depends on the sum assured and group size.

Minimum variable premium for LIC New Money Back Plan 25 Years is Depends on sum assured and age of the insured and minimum variable premium for Future Generali Assured Money Back Plan is not avaMinimum variable premium for LIC New Money Back Plan 25 Years is Depends on sum assured and age of the insured and minimum variable premium for Future Generali Assured Money Back Plan is not avaminimum variable premium for Future Generali Assured Money Back Plan is not available.

It said that the four - pronged regulatory changes in recent years have brought renewed focus on customer centricity, be it making sum assured at a minimum ten multiples, offering guaranteed surrender value, making benefit illustration mandatory for all products, need - oriented like measuring product suitability matrix before making any recommendation, among others.

This plan provides a cover for 13 critical illnesses (split into three groups — A, B and C and the policyholder can get 100 % sum assured for each claim made.The minimum age at entry into the Triple Health Insurance Plan is 18 years whereas the maximum age at entry is 80 years, and maximum age at maturity is 85 years.

The policy term could be 15 or 20 years, the minimum sum assured is Rs 50,000 and the maximum is Rs 2, 50,000.

In the return of premium option, in case of the death of the insured with less than 45 years, highest of - the sum assured or 125 % of the single premium is paid or minimum guaranteed sum assured on maturity is paid.

This term insurance starts from a minimum sum assured of Rs. 2.5 lakhs and policyholders can opt to receive the death benefit amounts in installments over a period of 5 to 10 years.

If the insured dies after 45 years of age, highest of — sum assured, 110 % of the single premium, minimum guaranteed sum assured is paid on maturity

b) Eligibility, Details and Exclusions Minimum Policy Term: 5 years Maximum Policy Term: 35 years Minimum Sum assured: Rs 25,00,000 Maximum sum assured: No limit

After 1 policy year, the insured is has the option to reduce his sum assured amount at any monthly policy anniversary, subject to the minimum sum assured amount allowed under the plan options.

However, on the other hand, if the buyer is above 45 years of age and the tenure of the policy is less than 10 years, then the minimum sum assured will be limited.

The basic sum assured in this plan is Rs 1,00,000 and the minimum policy term is 10 years.

The minimum sum assured is 125 % of the single premium in case the entry age is 45 years or below and 110 % of the single premium in case the entry age is above 45 years.

If for some reason, one ceases to pay premium after a set minimum number of years, then a free paid - up policy may be secured with reduced sum assured, subject to certain conditions

Family including self, spouse, dependent children and parents under one sum assured of Rs 1 Lakh to Rs 10 lakhs for a period of minimum 1 year and maximum 3 years.

The policy tenure ranges from minimum 16 years to maximum 28 years and the minimum sum assured offered by the policy is Rs1, 00,000.

If your age was 45 years or above at the time of entry, the minimum sum assured will be 7 times your annualized premiums.

A free paid - up plan for lesser assured sum amount can be secured, if payment of premium ceases after a certain minimum number of years, terms and conditions applied.

Offering support for school education: Besides getting the lump sum death benefit, the beneficiary is authorized to receive 10 % of Sum Assured every year, subject to a maximum of 10 and a minimum of 3 such installments, to cover for the annual education expenses of the child.

If your age was below 45 years at the time of policy entry, the minimum sum assured amount for you will be 10 times your annualized premiums.

If the policyholder dies at the age of 50 years or above, the nominee will receive the Sum Assured including Top - up sum assured net of partial withdrawals or Minimum Death Benefit or Fund Value including Top - up Fund Value (Whichever is higher).

There's a guaranteed minimum bonus for first 3 years at the rate of 2.50 % of the basic sum assured.

The maximum entry age of the policy is 60 years and the minimum sum assured amount paid to the insured is 180 times your monthly base premium.

The minimum and maximum sum assured varies from 10 lakhs to 50 lakhs and the term is from 5 to 10 years.

The plan has a maturity age of 70 years and provides a minimum sum assured of Rs1, 00,000 / -.

With a policy tenure of 25 years, the minimum entry age of the policy is 12 years and the minimum sum assured offered by the policy is Rs100, 000.

The basic sum assured in this plan is Rs 1 lakh (minimum) and offers life coverage up to the age of 75 years.

Minimum variable premium for TATA AIA Group Total Suraksha is Not mentioned and minimum variable premium for LIC New One Year Renewable Group Term Assurance Plan 2 is Depends on sum assured and number of mMinimum variable premium for TATA AIA Group Total Suraksha is Not mentioned and minimum variable premium for LIC New One Year Renewable Group Term Assurance Plan 2 is Depends on sum assured and number of mminimum variable premium for LIC New One Year Renewable Group Term Assurance Plan 2 is Depends on sum assured and number of members.

Non forfeiture provision: States that if a policy has been in force for a minimum of three full years and subsequent due premiums are not paid, then the policy will have proportionately reduced sum assured along with vested bonus.

BSLI Surgical Care Rider (UIN: 109B015V03): Under this Rider, if the life insured undergoes any surgery and is hospitalized for a minimum period of 24 years, then he / she is liable to receive a lump sum benefit to cover the expenses incurred.

This policy is available for individuals from 18 years to 60 years and the minimum sum assured should be Rs. 25 lakh.

In this policy, there is an option of Partial Withdrawal after 5 policy years subject to a minimum withdrawal of Rs 5000 such that the remaining Fund Value after any withdrawal should be at least equal to the sum of 120 % of the Annualised Base Premium.

For life insured with the entry age of 5 years and above, the death sum assured, irrespective of survival benefit already paid, is either equal to or higher than of 10 times of annualized premium, or 105 % of premiums paid till date of death, or minimum guaranteed sum assured on maturity or absolute amount assured to be paid on death.

Term Assurance Rider - You can opt for a minimum sum assured of Rs. 1 lakh and maximum sum assured ofRs.25 lakh under this rider, which can be opted at any time within the premium paying term of the basic plan provided the outstanding premium paying term is at least 5 years.

For the policyholder aged less than 45 years of age, the death benefit or sum assured offered is minimum 10 times the annual premium paid.

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.

Even if you stop paying the premium after certain minimum years, you can still secure the free paid - up policy for a lower assured sum.

For non-single products with a term of 10 years or more, the minimum death benefit would either be ten times the annualised premium or 105 per cent of all premiums paid on the date of death or the least guaranteed sum assured on maturity or any absolute amount assured to be paid on death (for non-par products for those below 45 years), whichever is the highest.

One has to go through pre medical checkup if he is above 50 years and the maximum and minimum sum assured are Rs. 3 lakh and Rs. 9 lakh respectively.

For regular / limited pay policies (age at entry less than 50 years), it is higher of sum of Sum Assured including Top - up Sum Assured and Fund Value including Top - up Fund Value or Minimum Death Benefit.

However, if the applicant's age is 45 years or more or if the policy term is less than 10 years, IRDA has relaxed this minimum sum assured limitation.

The maximum age at maturity is 75 years and minimum sum assured is Rs 1,00,000.