The phrase
"base sum" refers to the starting or initial amount of money or value before any additional amounts or changes are considered.
Full definition
Synonyms for individual words can be found below.
«base»
«sum»
Sentences with «base sum»
- While if the death happens after date of commencement of risk, an amount equal to the higher of basis sum assured or policy holder's fund value will be payable. (policybazaar.com)
- Here, 5 % of base sum assured subject to minimum of Rs. 1 lakh and maximum of Rs. 10 lakh.. (coverfox.com)
- No claim bonus: 20 % incremental bonus on sum insured to a maximum of 100 % of base sum insured for each claim free year. (policybazaar.com)
- (see all
sentences)