Examples of Guaranteed Maturity Benefit in a sentence
In order to be reimbursed, the employee must receive a grade of "C" or better, or the equivalent.
Except for the Guaranteed Death Benefit and the Guaranteed Maturity Benefit, the value of benefits payable from Segregated Fund investments is not guaranteed but will fluctuate with the market value of the assets of the Segregated Funds supporting them.
This percentage will be applied to the Guaranteed Maturity Benefit and the Vested Bonus under the Policy to determine the amount of reversionary bonus to be added to the Policy at the end of that Financial Year.
Maturity Benefit under Reduced Paid-Up policy:If the Life Insured survives till the end of the policy term, whilst the policy is in reduced paid-up status, Paid-up Guaranteed Maturity Benefit (as defined below) will be payable and the policy will terminate immediately.
Compound Reversionary Bonus: This is a regular bonus rate expressed as a percentage of the Guaranteed Maturity Benefit.
On survival of the Life Insured till the end of the policy term provided this policy is in force, depending on the policy term, the following Guaranteed Maturity Benefit will be payable: The contract will terminate on payment of Maturity Benefit.
A le tt e r f r o m t h e Ch ief, R eg u l a t io n s an d Ad m i n is t ra t ive La w, U SCG, Dep ar tm e n t of Ho m el an d S ec ur i t y , t ran s m i tt i n g t h e De- p ar tm e n t ’s fi na l ru le — R eg u l a t ed N a vig a- t io n A r e a ; Des P l a i n es R ive r , J olie t , Illi n ois [CGD09-03-214] ( R IN: 1625- AA11) r eceived No- ve m be r 18, 2003, p ur s uan t t o 5 U.
The Guaranteed Maturity Benefit in the paid-up policy will be as detailed in the Guaranteed Maturity Benefit section.• You may revive your paid-up policy during the revival period of five (5) years from the due date of first unpaid premium, subject to the revival conditions under the policy.
The interim bonus rates are applicable on the Guaranteed Maturity Benefit and vested reversionary bonus, if any.
Based on the lack of sufficient wind speeds and the amount of land needed to replace FNP, the wind alternative would require a large greenfield site, which could result in a large environmental impact.