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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.

Note:: APR calculations assumes 100 % Utilization on minimum loan amount of Rs 2 lac and pledge through a single TRF.

The minimum annual premium under this policy is Rs. 1.5 Lacs in case of the single pay option and Rs. 50,000 in case of the limited pay option.

For instance, a 25 - year old, non-smoker, single male, earning 5 to 7 lacs a year needs to pay an annual premium of Rs. 4,466, to get an assured sum of Rs. 4 lacs.

Now, planning to take single term plan of more than 60 lacs.

For Single Premium pay policies, when single premium is less than Rs 5 Lacs, the Premium Allocation Charge is 2 % during the 1st policy year and when single premium is equal to or more than Rs 5 Lacs, the Premium Allocation Charge is 1 % levied during the 1st policySingle Premium pay policies, when single premium is less than Rs 5 Lacs, the Premium Allocation Charge is 2 % during the 1st policy year and when single premium is equal to or more than Rs 5 Lacs, the Premium Allocation Charge is 1 % levied during the 1st policysingle premium is less than Rs 5 Lacs, the Premium Allocation Charge is 2 % during the 1st policy year and when single premium is equal to or more than Rs 5 Lacs, the Premium Allocation Charge is 1 % levied during the 1st policysingle premium is equal to or more than Rs 5 Lacs, the Premium Allocation Charge is 1 % levied during the 1st policy year.

I bought a policy in2010 single premium of 3 lac invested in ULIP & the sum assured is 375000.

Single premium was rupees 10 lacs.

Hence, if you purchased a single premium plan with Sum Assured of Rs 10 lacs with one - time premium of Rs 5.17 lacs.

However, since the death benefit will be 10 times single premium i.e. Rs 56 lacs, the proceeds will not be taxable.

For instance, as per LIC website, the single premium for a 30 year old for Rs 10 lac Sum Assured will be ~ Rs 5.6 lacs.

The sum assured was 5 times the single premium, i.e., 50 lacs, making it exempted from tax.

If you purchased a policy of single premium n don't claim any benefit u / s 80C and policy of 7 lacs give you a cover of 12.5 lacs.

PAC as 5 % / 4 % of the single premium is payable for single premium band of less than Rs 7 Lacs / greater than or equal to Rs 7 Lacs, respectively.

He then chooses to buy Kotak Single Invest Plus having joint cover for spouse with the policy term of 15 years, single premium of Rs 5Single Invest Plus having joint cover for spouse with the policy term of 15 years, single premium of Rs 5single premium of Rs 5 Lacs.

He thus opts to buy Edelweiss Tokio Life — Single Pay Endowment Assurance Plan with policy term of 10 years, pays single premium for Rs 1 Lac with sum assured of Rs 10Single Pay Endowment Assurance Plan with policy term of 10 years, pays single premium for Rs 1 Lac with sum assured of Rs 10single premium for Rs 1 Lac with sum assured of Rs 10 lacs.

Mr. Lokesh Sharma wants to achieve the financial goals and decides to buy Reliance Nippon Life Classic Plan II with the policy term of 20 years, single premium of Rs 2,50,000 and sum assured of Rs 5 Lacs.

While one may question the «loss» due to a single premium payment, one doesn't need to worry about future payments and the premium upto 1.5 lacs is tax deductible this year.

Instead of taking a 1 Crore policy from a single company, if we take 50 lacs each in two different companies, is this advantage.

Instead taking a single policy of 1 crore from a single insurarer, is this suggestable to take two policies of 50 lacs each from two different companies.,

The premium for Single Premium Variant under the same plan will be Rs 1.67 lacs.

Successful completion of a Mille Lacs Minnesota online defensive driving course allows for the dismissal of a single traffic ticket.