Super sume pro locks up in stage one4/14/2023 ![]() In case of an emergency that comes her way at the time of maturity or during the Income Period, Smita also has an option to take all future Guaranteed Income as a one-time lump sum. If she chooses to receive this income every month, the amount will be `2,11,216 for the whole year i.e. Guaranteed Income on an annual basis for a premium payment term of 10 year and income period of 10 years is `2,05,064. Smita also has the flexibility to receive the Guaranteed Income either every year or every month during the Income Period. The Claimant shall have an option to receive the future income as a lump sum. ![]() In case of death of the Life Assured during the Income Period, the Claimant will continue to receive the income. Sum Assured on Death is 10 X Annualised Premium Annual Guaranteed Income X Death Benefit factor for Early Income plan option, where,.105% of Total Premiums Paid up to the date of death.If the person whose life is covered by this policy (known as the Life Assured) passes away, during the term of the policy, the insurance cover amount will be paid out as a lump sum to the person specified (known as the Claimant) in the policy. In case of an emergency that comes his way at the time of maturity or during the Income Period, Saurav also has an option to take all future Guaranteed Income as a one-time lump sum. If he chooses to receive this income every month, the amount will be `1,39,789 for the whole year i.e. Guaranteed Income on an annual basis for a premium payment term of 10 years is `1,35,717. Saurav also has the flexibility to receive the Guaranteed Income either every year or every month during the Income Period.
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