Sentences with phrase «lakh policy»

For instance, you may have to shell out Rs 12,000 - 15,000 for a sum assured of Rs 1 lakh and Rs 18,000 - 20,000 for a Rs 2 lakh policy for parents aged around 60 years.

On payment, the company asked him to go for a health check for his Rs 50 - lakh policy.

Rather than taking a 1 crore policy for 30 years, why not take a 30 lakh policy for 20 years and a 70 lakh policy for 20 years?

For a Rs 2.50 - lakh policy, the premium will be over Rs 1 lakh, according to Kotak Life Insurance's customer service department.

So a 25 year old consumer would pay less for a Rs. 50 Lakh policy for tenure of 20 years as compared to a 30 year old consumer.

The company serves more than 20 lakh policy holders and offers a wide range of insurance solutions.

Sum assured: 10.67 lakh Policy term: 25 years Annual premium: 45000 Maturity value: 13.67 lakh approx at time of maturity guaranteed, plus an annual pension of something between 50000 to 1 lakh claimed till death plus 10.67 (sum assured) at death to nominee.

Dear Gurudeepsingh, Rs 5 Lakh policy: Kindly make it PAID - UP Rs 2.5 Lakh policy: You can discontinue and book losses or pay for one more year and then surrender.

They also saw buyers shift from a Rs 3 - 5 - lakh policy to Rs 7.5 - 10 lakh in the period.

In policies without family floater, a Rs 10 lakh policy is split equally among the family members covered.

For example, they would buy one policy of Rs 25 lakh for 15 years, a Rs 50 - lakh policy for 20 years, and so on.

Dear Gurudeepsingh, Rs 5 Lakh policy: Kindly make it PAID - UP Rs 2.5 Lakh policy: You can discontinue and book losses or pay for one more year and then surrender.

However, more than 75 lakhs policy holders of Max Life are now going to be taken over by an insurance company with lower CSR.

Reliance is closely followed by Bajaj Allianz Life Insurance that sold 22.3 lakh policies in the same period, according to industry sources.

This together with 3.33 lakh policies sold under Varishtha

During the year, the company sold about 23.2 lakh policies against 22.1 lakh policies in the previous year.

Since the minimum sum assured is twenty - five lakhs this policy caters to those people who require a high life cover.

In the year 2017, LIC of India accounted for 201.32 Lakh policies from the total 264.65 lakh new policies distributed throughout the year.

Started its operations in 2007, Future Generali Life Insurance is spread across 98 branches within the country and has sourced over 11 lakh policies so far.

As many as 16.7 lakh policies were sold with a premium of Rs 44,611 crores during April - February 2009 - 10.

I thought, as I have taken 50 Lakhs policy from Apollo Munich, I am only eligible for another 25 Lakhs only.

As I did not had any reference number of Apollo Munich policy and also as customer care said that it is not required to mention other policy details, I have applied for 50 Lakhs policy with Max Bupa as well.

With a vision to protect and enhance their customer's life they have sold more than 71 lakh policies across India.

Over 3.16 lakh policies of LIC Varishtha Pension Bima Yojana had been sold amounting to Rs. 6,095 crore in its earlier avatar that reflect its popularity among senior citizens.

The company issued 8.23 lakh policies with a sum assured over Rs. 51918 crores as on 31st March 2015.

These six to seven companies are from both life and non-life insurance space, he told reporters in response to questions at an event organised by ICICI Lombard General Insurance Company Ltd to announce that it had issued one lakh policies of the long term two - wheeler insurance.

Incorporated in September 2007, Future Generali Life Insurance has sold over 12 lakh policies so far with 75 branches across the country.

Bajaj Allianz General Insurance, which sold 10 lakh policies in the last two years, aims at collecting premiums valued at Rs 400 crore by fiscal 2003 - 04, a 40 per cent rise on a year - on - year basis.

Not exact matches

Most of insurance policies provide cover between Rs. 1 lakh to Rs. 5 lakh; however, you can buy medical insurance cover between Rs. 5000 to Rs. 50 lakhs or more.

i already have term plan of 1 crore, personal accident policy of 50 lakhs and mediclaim of 5 lakhs rupees.

You can choose to buy a policy for a larger amount, but the tax exemption will be limited to an investment amount of Rs. 1.5 lakh only subject to compliance of conditions prescribed under Section 80C.

The maximum Sum Assured on Death, irrespective of number of Policies, is capped to Rs. 10 Lakhs per life

The maximum Death Benefit (due to Accident), irrespective of number of Policies, is capped to Rs. 20 Lakhs per life

I'm want to invest about 30 lakh for regular income.plz suggest me best option and best insurance policy too.

Hi Sreekanth I started investing Rs, 6200 / month (12 lakhs Sum assured & 12 lakhs accident rider SA) in LIC Money Back Policy (term 25 yrs)-- 821 from Jan 2014 as a tax saving step.

In the year 2014 - 15, the life insurance companies had settled 8.51 lakh claims on individual policies, with a total payout of Rs 11,788.67 crore.

After my daughter's birth I feel that 25/50 lakhs sum is not sufficient, so I didn't renew the policy.

we hv a family floater health insurance (sum assured 4 lakhs) now we want to hv a term policy on my husband who is 31 years old..

I have taken a term policy from Max Life recently for Rs. 50 Lakhs.

Thank you for your valuable suggession sir, which is best among Birla sun life front line equity, birla sun life top 100 fund (G) & uti equity fund for long cap.My annual income 3.5 lakhs and I already have HDFC click2protect life insurance - life only for 50 lakhs, is there any annual income criteria to take life insurance policy, because I wish to take another term insurance policy, if possible suggest me best one

I'm 29 single male earning between 6 - 8 lakhs annually through freelancing looking to cover myself for 1 crore with a company which would not go bankrupt or shut down even in the biggest recession during my policy term..

Investments PPF — 5000 / Month, Apart from PF being given by company Pure Term Policy from Birla Sun Life — 9500 / Year, 800 / Month — Cover 50 Lakhs Corpus of 4Lakhs in the form Deposit for Family emergency Family Members — Wife and 4 Years Daughter

LIC (Jeevan Tarang policy) on my name paying 1 lakh per year for 20 years (8 years completed) MAX LIFE Term insurance for 1 crore started last year LIC (Jeevan Anand policy) on my wifes name paying 50,000 / - per year for 15 years (4 years completed) LIC (Jeevan Ankur policy) on my daughters name paying 50,000 / - per month for 18 years (2 years completed) Investing USD 400 every month in CHEVRON stocks.

Life cover of Rs. 5 lac Mediclaim policy Prulife health saver plan for risk cover of Rs. 5 lakhs for myself, wife and Baby.

I started LIC money back policies on Dec — 2006 (2 lakhs sum assured — 21K annually) and other in jan - 2008 (2 lakhs sum assured — 12K annually).

When I took this policy, my agent said that the return would be around 27 lakhs (considering around 7.5 % return).

In addition I have good insurance through ULIP HDFC SL Crest (30 lakhs) as well as some policies through LIC (15 lakhs).

Once I get this plan, I will make all of my LIC policies paid off (most of them are more than 3 yr); I am having health insurance of 2 lakh (for myself and family) and accidental coverage from my company.

I have invested ten lakhs from 2005 to 2015 which was the last year of policy term of 10 years.Somehow due to some faulty advice i surrendered the policy in oct 2015 and received around 1750000 / - as i was adviced it would be tax free.But afterwards i came to this would be taxable.Kindly let me kmow what would be the tax implication.In anticipation of prompt reply the IT return has to be filed by 31 july.

Dear Aslam, Kindly share more details about LIC policies (Policy name, commencement date, sum assured, tenure etc) Is 1.1 Lakh sum assured of PA pPolicy name, commencement date, sum assured, tenure etc) Is 1.1 Lakh sum assured of PA policypolicy?