Sentences with phrase «lakh sum»

At your age, a Rs 50 lakh sum assured for 30 years will cost about Rs 7,000 per year.

People 56 to 65 years of age can opt for 2 lakhs to 5 lakhs sum insured.

Typically, an annual structure insurance plan with Rs 10 lakh sum assured would cost you less than Rs 1,000 per annum.

Could you suggest what kind of policy I can get for Rs. 5 lakh and Rs. 10 lakh sum insured?

Endowment Assurance policy with profit - 1 lakh sum assured DOC: Dec 2008 Premium term: 15 years Half Yearly premium: Rs. 3,452 Paid till now with no Gaps

The average health insurance cover size is 2 - 3 lakhs sum insured at the current situation and the average premium paid in the

7.5 lakh sum assured Should I continue or not

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

I've LIC Jeevan Anand Police of 5 Lakhs sum assured and paying quarterly premium of Rs. 6800 / - since Jan 2010.

One more thing, i pity that you hav taken Jeevan Tarang for 1 lakh sum assured only.

For example, a personal accident cover by Bharti AXA General Insurance would cost you around Rs 899 for Rs 10 lakh sum assured.

Critical Illness: - Minimum: Rs. 5 lakhs, Maximum: Rs. 50 lakhs The sum assured is available in multiples of Rs. 5 lakhs only and shall remain same for the entire policy term.

7.5 lakh sum assured Should I continue or not

For example — if you have taken a basic policy of 30 lakhs sum assured and accidental death rider of 10 lakhs, your legal heirs will get 40 lakhs in case of death due to accident and 30 lakhs in case of death due to other reasons.

Jeevan Anand Policy — 5 lakhs sum assured DOC: Nov 2009 Premium term: 25 years Half Yearly premium: Rs. 10,349 Paid till now with no Gaps 6.

If you are going for higher sum assured value like 50 lakh, then you will find that the premium amount of Amulya Jeevan II is almost similar to LIC E-Term plan with 50 lakh sum assured.

Jeevan Anand Policy — 1 lakh sum assured DOC: July 2009 Premium term: 15 years Half Yearly premium: Rs. 4,415 Paid till now with no Gaps 5.

Money Back Policy — 3 lakhs sum assured DOC: Dec 2012 Premium term: 20 years Yearly premium: Rs. 19,051 Paid till now with no Gaps 3.

Money Back Policy — 2 lakhs sum assured DOC: Nov 2009 Premium term: 20 years Yearly premium: Rs. 6386 Paid till now with no Gaps 4.

Money Back Policy — 3 lakhs sum assured DOC: Dec 2011 Premium term: 20 years Yearly premium: Rs. 18,979 Paid till now with no Gaps (4 Years) 2.

While the former offers around one to two lakhs sum assured, private insurers can offer as high as 15 - 20 lakhs under family floaters.

In this scenario, if a claim for Rs. 1 lakh is made, the insurers will pay Rs. 33,333 (Rs. 2 lakh sum insured policy) and Rs. 66,666 (Rs. 4 lakh sum insured policy) respectively.

* Above calculation is done for a 30 - year old man who is staying in Delhi and looking for Rs 50 lakh sum assured coverage.

For example, Max Bupa's Heartbeat Gold for Rs. 5 lakh sum insured, with two - year policy tenure, would cost around Rs. 16,306 for a maternity coverage of Rs. 40,000 vis - à - vis Religare JOY's Rs. 43,815 for a maternity coverage of Rs. 50,000.

The premium amount for this policy stands at Rs. 250 for families earning less than Rs 15,000 per month and Rs 500 for those earning more than Rs 15,000 for Rs 1 lakh sum insured.

For example if you have renewed your Rs 3 lakh sum assured policy for two years, at 5 % each year your sum assured has gone up to Rs 3.3 lakh, while you pay premium only for a sum of Rs 3 lakh.

For a Rs. 5 lakh sum assured policy here, a person who is 35 years of age will have to pay a single premium of Rs. 3,68,980.

E.g. Gaurav owns a health insurance plan with critical illness cover (1 lakh sum assured).

According to a report published by Marsh India medical inflation in India is currently pegged at just over 18 % and consumers those once bought policies with of INR 1 Lakh sum assured are now willingly ready to pay premiums of INR 1 Lakh for policies that offer Rs 1 crore as sum assured.

So if the health insurance policy offered by the employer has Rs 3 lakh sum assured and an employee feels that it will not meet his / her requirements, he / she can purchase a top up with Rs 3 lakhs as deductible.

A premium on 40 lakhs sum assured is more than a term insurance of 30 lakhs.

However, it should not be assumed that the policies than 50 lakhs sum assured are not worth.

Right from 10 lakh sum assured to the highest 5 crore sum assured, it would be your choice to select the one as per your requirement.

Now, the question arises why a premium on 60 lakhs sum assured is less than premium for 40 lakhs sum assured.

Let us say, you have applied for a policy of 35 lakhs sum assured and you have mentioned that you are not suffering from any ailment.

First of all from life cover point of view 10 lakh sum assured is nothing.

Due to less riskiness, companies offer discount on term insurance policies of more than 50 lakhs sum assured.

But if you choose to take a term insurance policy of say 60 lakhs, the premium amount required to be paid will be less than what you have to pay for 40 lakhs sum assured.

If you are thinking of taking two insurance policies for 40 lakhs each instead of one policy for 80 lakhs sum assured, then you will end up paying more premiums.

I have taken a Jeevan Anand on 2013 for 15 lakhs sum assured for 25 years and paid 3 annual premiums for Rs. 49280.

also he said if i surrender life coverage policy (which is 15 lakh sum assured) i would get 10 lakhs in excess..

If a 30 years individual opting for Rs 50 Lakhs sum assured for 30 years tenure, the premium works out to be Rs 9,300 without additional riders.