The
minimum premium for the product (10/15/20 Pay) is Rs. 8,500 p.a. excluding extra
premium,
modal extra, service tax and education cess.
Death Sum Assured is highest of 10 times of Annual
Premium OR 105 % of all the
premium (excluding taxes and extra
premiums, if any) paid as on date of death, OR
Minimum Guaranteed Maturity Benefit, OR absolute amount assured to be paid on death (11 times the Annual
Premium rounded up to the next «1000), where, Annual
Premium refers to
premium payable in a year excluding any extra
premium, service tax and loading for
modal factors, if any.