Sentences with phrase «lakh sum assured»

Hi Suresh I am planning to take term insurance online for 1 crore from lic, Icici, HDFC and SBI each 25 lakh sum assured.

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

The premium for Rs 20 lakh sum assured, for a period of 20 years, comes to Rs 4,360 each year (excluding the service taxes).

If a 35 - year - old buys a term policy with a Rs 50 - lakh sum assured for 20 years, he will need to pay an annual premium of Rs 20,075.

For example, currently it is possible for a 30 - year old person to buy a level term insurance policy of 20 years for Rs 10 lakh sum assured for about Rs 3000 annual premium.

Btw, can you please share with me the returns that a 35 year old purchasing Jeevan Anand (Rs 1 lakh sum assured) will get?

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

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.

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.

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

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.

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

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.

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.

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

7.5 lakh sum assured Should I continue or not

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

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 policy?

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).

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

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.

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.

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

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.

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).

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.

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.

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.

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

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.

Hi AKH, iTerm plan from Aegon Religare is designed in such a way that the premium reduces after 50 lakhs sum assured.

If a 30 years individual opting for this plan for Rs 50 Lakhs sum assured for 30 years, the annual premium works out to be 5,200 (Approx).

For a 30 years male, and Rs 50 Lakhs sum assured, the annual premium works to be Rs 5,000 (approx.)

Explained by example: Mr. Mahesh has taken Rs 10 Lakhs sum assured.

Explained by example: Continuing above example, if Mr. Mahesh has died due to death, his family would get Rs 10 Lakhs sum assured + another Rs 10 Lakhs as accidental benefit, totaling to Rs 20 Lakhs.

Recently I have purchased a term insurance (25 lakhs sum assured) from HDFC (click 2 protect).

Not exact matches

another LIC MONEY BACK POLICY of 3.3 lakhs (just paid one premium until now) for 15 years with a sum assured of 36 lakhs.

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..

total sum assured 25 lakhs.

One great thing about HDFC life insurance policies are - while the lowest sum assured is set to Rs 25 Lakhs, the highest sum assured you can buy is totally up to you as long as you are able to pay your premiums.

I have LIC Jeenvan Anand and my income per year is 5 lakh and paying 28000 per year and for a a sum assured of -5 laksh.

Max Life — Online Term Plan, Premium INR 7000, sum assured INR 50 Lakhs, Term 35 Year, Purchased in 2014

LIC Jeevan Saral (With Profit), Premium INR 40000, sum assured INR 8.5 Lakhs, Term 15 Year, Purchased in 2013 4.

For a 25 - year old person, the annual premium of a 20 - year endowment policy with a sum assured of Rs 1 crore, with a Rs 5 lakh critical illness rider, would be Rs 24,863.

Apollo Munich's regular indemnity policy would charge a premium of Rs 6,302 for a sum assured of Rs 5 lakh.

For example, an insurance policy with a sum assured of Rs 10 lakh for a 30 - year - old will cost Rs 2,500 from Bajaj Allianz whereas Star Health charges Rs 3,708.

The sum assured ranges from Rs. 5 lakh to Rs. 50 lakh.

The benefit provides a payment of Rs. 1 lakhs of the Sum Assured in lump sum to the nominee within 48 hours of death of the insured if the company has been duly notified.