Sentences with phrase «lac premium»

premium is around 18K or I will go with 50 lac premium is Rs. 10000.

I thought they gave me sufficient answers as I was willing to stay invested for atleast 15 yrs my current age is 31 Also want to ask should we depend on there fund manager or try ourself also as am new to all this & also can't follow market as m busy with my work currently I paid 2 lac premium in future Generalli dhan vridhi ulip Can u plz guide me as m not able to get expertise info on this ulip

Not exact matches

Nav System, Heated Leather Seats, Moonroof, PARKING ASSIST PACKAGE, PREMIUM 3 PACKAGE, CARBON FIBER / BLACK PIANO LAC...

my investments are, RD: 24000 per yeear Health / Medical Insurance of New India (Do nt know name of plan) covers Me, my wife and daughter value 1 lac: around 4000 premium per year LIC of my wife (do nt remember name of plan): 14000 per year PPF: Investing around 50,000 per year Sukanya Yojna: Investing around 20,000 per year

The policies were for a sum assured of 4 Lacs each with an annual premium of 16303 INR each.

Surrenders allowed after 5 yrs (Zero charge) Pr IRDA > Unique Identif No (UIN): 105L111V01 Single Premium paid 5 Lac + 3 lac Sum Assured: 6.25 lac + 3.75 lac respectively ie sum assured is 1.25 times premium.

I paid premiums in first 3 years of 4 lacs each.

If I got the term plan from LIC then is it possible or advisable to get another term plan from private company like MaxLife for an amount of 15 or 20 lacs as the premium of said company is very low.

i have: DMAT: Pure stock purchase and hold (1.5 lacs) splitted into infrastructure, banking sector and similar EFTs PPF: yearly 50 thousand (per year)-- investing since last 4 years (m 28 year old n unmarried) Mutual funds: 2 lacs till now only ELSS (lumpsum + SIP accumulated) Term plan: 50 lacs (6k annual premium) other Savings: 15 lakhs (FDs + Saving a / c)

LIC Jeevan Suraksha 14 lacs (annual premium 30 k) for sons education.

Just one METSMART policy of 24 lacs [annual premium 30 k) for wife and 40 lacs (annual premium 40 k) myself.

hi, i have money back policy 18000 premium 5 lac SA.

Surrendering will give 90 - 100 % of premium value now itself viz. 1.5 lacs, So, seems SURRENDER is a better option here!!

Dear Shree, I have LIC Jivan Anand Sum Assured 10 lacs and 78k premium yearly, Paid 6 premiums, after going through your article realized its not worth!.

So average i am getting 13.5 % return so far, if I pay all all premiums my cost would be 3 Lacs and I will get 3,40,500 +16,000 (3,56,500) around 18 % simple interest

I have one Jeevan saral (25 years term) with premium of 24K, started in 2011, so already paid 5 premiums (around 1.2 lacs), if i surrender, as per the details given by you above, i can get 90 - 100 % of Money: — Is it okay to surrender in this case (Not getting any interest, rather am doubtful that lic will return me my full money.)

1) Jeevan Surabhi (25 yrs)- Rs. 1 lac < started 1998, premium 7298 yly).

I have completed by the 80C limit of 1.5 lac with PF and Insurance premium.

For instance, if an individual buy individual health insurance plans for his children, spouse and himself for a sum assured of Rs. 1 Lacs each, then he would have to pay premium varying from Rs. 1,000 to Rs. 2,000 per policy.

Thus, this term plan offers deferential premium rates for non-smokers opting for an assured sum of Rs 50 lacs or more.

While, if he buys Religare Floater Health insurance Plan that offers a sum assured equal to Rs. 3 Lacs, then the premiums that he would need to pay will be considerable less than the sum of premiums paid for individual plans.

He suggested me to buy a PA policy of Rs. 10 Lacs to begin with which covers Accidental death (100 % of SA), Permanent Total Disablement (100 % of SA), Permanent Partial Disablement (certain % of SA depending on severity of injury and resultant disablement) and Fractures (upto Rs. 50,000 / --RRB- for a premium of Rs. 1850 / - He also suggested that I can opt for Add on benefits of hospitalization (upto Rs. 1 Lakh) and daily cash allowance (Rs. 500 / - per day for max 5 days) by paying another 1,100 / - thus totaling to Rs. 2,950 / -

Upto 50 % of total term plan cover or Rs. 50 lacs, whichever is lower, can be paid under the critical illness (CI) benefit and the balance life cover will be carried forward (with reduced future Premiums payable) and payable on death.

Rs. 1,04000 / - is annual premium for 20 lacs cover.

If you make the policy paid up after paying premium for 5 years, your paid up Sum Assured will become 5/20 of the Original Sum Assured i.e. Rs 2.5 lacs.

If I opt for surrender of my Jeevan Tarang policy, I will be getting 3.56 lacs against the premium payments of 3.93.

Additionally, we have taken the premium / investment in the two ULIPs as Rs 5 lacs.

Plan from Edelweiss Tokyo of 10 lac with a pre-fixed premium for 30 years term....

If I got the term plan from LIC then is it possible or advisable to get another term plan from private company like MaxLife for an amount of 15 or 20 lacs as the premium of said company is very low.

Dear Shree, I have LIC Jivan Anand Sum Assured 10 lacs and 78k premium yearly, Paid 6 premiums, after going through your article realized its not worth!.

I have one Jeevan saral (25 years term) with premium of 24K, started in 2011, so already paid 5 premiums (around 1.2 lacs), if i surrender, as per the details given by you above, i can get 90 - 100 % of Money: — Is it okay to surrender in this case (Not getting any interest, rather am doubtful that lic will return me my full money.)

My father took another policy form Birla sun life (life insured is me — his son) i.e. Vision life income plan with pay term of 15 years in the year 2013 and annual premium of around 1 lac.

My father had paid only 1st year premium (1lac + 1 lac + 50k = total 2.5 lacs for 1st year) on all the 3 policies and per this policy if at least 1st year premium is paid the policy gets paid up (usually its 3 but for this policy it is at least 1 year).

I'm paying a premium of Rs 31,000 per year for an insurance cover of Rs 24 Lacs and have paid 6 of 30 installments.

Surrendering will give 90 - 100 % of premium value now itself viz. 1.5 lacs, So, seems SURRENDER is a better option here!!

You surrender the policy if the investment of surrender value along the remaining premium installments gives a value higher than Rs 13.86 lacs.

Premiums paid for all life insurance policies, including that for a term insurance plan are exempt from taxation under Sec 80 C of the Income Tax Act, 1961 upto a maximum of Rs 1.5 Lacs.

In total I have to pay around 1.2 lac per annum as premium for the policies.

Just one METSMART policy of 24 lacs [annual premium 30 k) for wife and 40 lacs (annual premium 40 k) myself.

- Yearly premium - 7800 2) Bajaj Allianz sarve shakti --(Sum assured -1 o lacs)- Premium paying term - 10 Years — Yearly 24 thousand - started in year 2012.

For a 30 year old male and Sum Assured of Rs 10 lacs for a policy term of 15 years, the annual premium is Rs 67,070 (exclusive of service tax).

Tax Benefit under Section 80C (Up to Rs. 1.5 Lacs) and 10 (10D) of the Income Tax Act for premiums paid and for any claim received.

i have: DMAT: Pure stock purchase and hold (1.5 lacs) splitted into infrastructure, banking sector and similar EFTs PPF: yearly 50 thousand (per year)-- investing since last 4 years (m 28 year old n unmarried) Mutual funds: 2 lacs till now only ELSS (lumpsum + SIP accumulated) Term plan: 50 lacs (6k annual premium) other Savings: 15 lakhs (FDs + Saving a / c)

149) started in the year 2010 with annual premium of Rs. 25173 for 21 years and sum assured is Rs. 5 lacs.

Now i would like to discountinue SBI Life shied Premium due in Jan 2016 and want to opt for Aegeon religare iterm plan for 50 lacs with ICL, ADB, waiver of premium in case of ADB riders.

Given the original maturity benefit of Rs 13.86 lacs, there is not much to gain (in fact you lose out) if you surrender the policy after year 2 (i.e. payment of second year premium).

Tax benefits under Section 80C (Up to Rs. 1.5 Lacs) and 10 (10D) of the Income Tax Act is provided if the premiums are paid on time.

For someone who can spare Rs 50,000 per year towards life insurance premium, he / she would want a better life style for his / her family than Rs 5.75 lacs can buy.

For instance, if your policy and premium payment term was 20 years with a Sum Assured of Rs 10 lacs.

So average i am getting 13.5 % return so far, if I pay all all premiums my cost would be 3 Lacs and I will get 3,40,500 +16,000 (3,56,500) around 18 % simple interest