 |
Illustration |
 |
|
Child's age at
entry |
8 years |
|
Premium paying
period |
11 years |
|
Sum insured |
Rs.1 Million |
|
|
Benefits for
the Child: |
|
|
Total Amount
payable as birthday gifts in each year. |
Rs.3,475,000/= |
Payment on each birthday from 18th
to 34th year |
Rs.50,000/= |
|
Payment on each birthday from 35th
to 49th year |
Rs.75,000/= |
|
Total amount payable on the 50th
birthday |
Rs.1,500,000/= |
|
Life cover beyond
18th birthday
|
Period |
Natural Death |
Accidental Death |
|
18th
to 25th
Birthday |
Rs.1,000,000/= |
Rs.2,000,000/= |
|
26th
to 35th
Birthday |
Rs.2,000,000/= |
Rs.4,000,000/= |
|
36th
to 45th
Birthday |
Rs.3,000,000/= |
Rs.6,000,000/= |
|
46th
to 50th
Birthday |
Rs.4,000,000/= |
Rs.8,000,000/= |
|
Amount payable by
you
|
Premium |
Amount |
|
Annual |
Rs.87,200/= |
|
Half yearly |
Rs.44,908/= |
|
Quarterly |
Rs.22,890/= |
|
Monthly |
Rs.7,848/= |
|
|
|
The premium can
also be paid in a lump sum as a single
premium of Rs.608,000/-. You will
therefore see that for a Single Premium
of Rs 608,000/- paid on the child's 8th
Birthday, he will receive a total sum of
Rs.3,475,000/- Until the age of 50, and
also enjoy substantial life insurance
until that age, which keeps up with
inflation. |
|
