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For a policy of Sum Assured of Rs. 5 lacs at age of 35 years with a term of 20 years, the annual premium comes to Rs. 2425. We give below the benefit payable on death and maturity:
Year |
Age |
Annual Premium
(Rs.) |
Death Benefit
Guaranteed (Rs.) |
1 |
35 |
2425 |
5,00,000 |
2 |
36 |
2425 |
5,00,000 |
3 |
37 |
2425 |
5,00,000 |
4 |
38 |
2425 |
5,00,000 |
5 |
39 |
2425 |
5,00,000 |
6 |
40 |
2425 |
5,00,000 |
7 |
41 |
2425 |
5,00,000 |
8 |
42 |
2425 |
5,00,000 |
9 |
43 |
2425 |
5,00,000 |
10 |
44 |
2425 |
5,00,000 |
11 |
45 |
2425 |
5,00,000 |
12 |
46 |
2425 |
5,00,000 |
13 |
47 |
2425 |
5,00,000 |
14 |
48 |
2425 |
5,00,000 |
15 |
49 |
2425 |
5,00,000 |
16 |
50 |
2425 |
5,00,000 |
17 |
51 |
2425 |
5,00,000 |
18 |
52 |
2425 |
5,00,000 |
19 |
53 |
2425 |
5,00,000 |
20 |
54 |
2425 |
5,00,000 |
|
6% p.a. |
10% p.a. |
Maturity Benefit Guaranteed |
0 |
0 |
Non-Guaranteed |
0 |
0 |
Total |
0 |
0 |
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