Sentences with phrase «unallocated premium»
Value of units in the Policyholder's Fund + unallocated premium + Policy Administration charge deducted Less charges @ Rs. 0.20 per thousand Sum Assured under Basic plan - Actual cost of medical examination and special reports, if any.
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If the policy is cancelled during this period, the policyholder will get the fund value and the total unallocated premiums, after deducting the proportionate risk charges.