Sentences with phrase «disability on an annual premium»
Similarly, personal accident insurance will offer Rs 2 lakh coverage for accidental death and full disability and Rs 1,00,000 for partial disability on an annual premium of Rs12.
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Long - term disability premiums are based on age, gender, occupation and features, but you can generally expect to pay between 1 % to 3 % of your annual salary for a policy.
Long - term disability premiums are based on age, gender, occupation and features, but you can generally expect to pay between 1 % to 3 % of your annual salary for a policy.
You purchase long - term disability insurance with premiums, monthly or annual charges that are calculated based on such variables as your coverage needs, medical history, and benefits period length.
The PMSBY provides a renewable on year accidental death cum disability cover of Rs 2 lakh to those between the age group of 18 to 70 years with a savings bank account at an annual premium of Rs 12 per year.
In order to build on the very encouraging response to the two very affordable and convenient to subscribe insurance schemes, namely the Pradhan Mantri Suraksha Bima Yojana (PMSBY) for accident and disability cover of up to Rs. 2 Lakh at an annual premium of Rs. 12 and the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) for a term life cover of Rs. 2 Lakh at an annual premium of Rs. 330, launched by the Prime Minister Shri Narendra Modi on 9th May 2015.
Death or disability Benefit: If the policyholder dies or suffers disability during the policy term, the nominee shall be paid a lumpsum amount that will be equal to 1.10 or 1.25 of the single premium paid or 5/7/10 times of the annual premium paid depending on the age of the insured and policy term.