Sentences with phrase «minimum modal premium»

Not exact matches

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.
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