Sentences with phrase «assured as rebate»
Similarly, those making regular premium payments can earn 2 % of the Sum Assured as rebate, forSum Assured between Rs. 2,0,000 and Rs. 4,95,000.
https://www.policybazaar.com/ Not exact matches
As mentioned above, there is a rebate for higher sum assured value.
If the chosen Sum Assured is Rs. 1 crore to Rs. 5 crores, Rs. 10 per lakh of Sum Assured is offered as rebates.
For sum assured between Rs. 5,00,000 and Rs. 9,90,000, 1.25 % of the basic sum assured per Rs. 10000 of basic sum assured is offered as rebate.
For sum assured between Rs. 5,00,000 and Rs. 9,90,000, 1.50 % of the basic sum assured per Rs. 10000 of basic sum assured is given as rebate.
The high sum assured rebate (HSAR) for an individual life is as below:
As per the plan you can enjoy a rebate on the premium for high levels of the sum assured.
Rebate for mode of premium payment is same as mentioned under the base plan and there is no high sum assured under this rider.
The rebate percentage is mentioned in the below table as per the sum assured category.
The highlights of the key features and benefits are as follows: ● There are maturity benefits with a sum assured at the end of the term plan ● There are death benefits ● Annual income payments to the family in case of an untimely death ● Maturity amount is free from tax under section 10D, and Premium payable is applicable for rebate under section 80C ● The Policy garners profits from LIC in the way of bonuses
If the sum assured is over Rs 5 Crores, 0.05 of the premium is available as high sum assured rebated.