|
How the
Policy can be structured to suit your
special needs appears below |
 |
Illustration |
 |
|
Age of
Policyholder |
38 years |
|
Period of
cover |
15 years |
|
Sum
Insured |
Rs.500,000/= |
|
|
Benefits to the child you love: |
 |
|
Amount
payable as "educational grants"
during the last 5 years of the
term of the policy. |
 Quarterly
payment on the survival of
Parent/Guardian. |
Rs.25,000/= |
Quarterly
payment in the event of a death
of Parent/
Guardian whilst the
policy is in force. |
Rs.50,000/= |
|
Amount
payable at maturity. |
Rs.212,500/= |
Amount
payable in the event of a death
of Parent/Guardian before
maturity.
(for each completed year a bonus
of Rs.12,500/= will be added to
the above sum. All future
premia will be waived) |
Rs.500,000/= |
|
Amount
payable in the event of
accidental death of the Parent/Guardian.(for
each completed year a bonus of
Rs.2500/= will be added to the
above sum. All future premia
will be waived). |
Rs.1,000,000/= |
|
Amount
payable in the event of total
and permanent disablement of
Parent/Guardian due to accident
as described in the policy.
(All future premia will be
waived). |
Rs.500,000/= |
|
Payments
in the event of Partial
Permanent Disablement as
described in the policy, as a
percentage of |
Rs.500,000/= |
|
Special
Benefits to the Child: - daily
benefit payable for each day
spent in a hospital |
Rs.5,000/= |
|
(The
policy has to be force for at
least 90 days, payments will be
made from the 4th day
onwards for 50 days)
|
Premium |
Amount |
|
Annual |
Rs.50,650/= |
|
Half yearly |
Rs.26,085/= |
|
Quarterly |
Rs.13,295/= |
|
Monthly |
Rs.4,560/= |
|
The annual premia payable for
different ages of the parent and
different periods are detailed
below:
Annual Premium
|
Parents Age |
Term |
|
10 yrs |
15 yrs |
20 yrs |
25 yrs |
30 yrs |
|
25 |
73,750/= |
47,675/= |
35,400/= |
28,450/= |
24,175/= |
|
30 |
74,150/= |
40,750/= |
36,175/= |
29,450/= |
25,400/= |
|
35 |
75,125/= |
49,475/= |
37,675/= |
31,250/= |
27,500/= |
|
40 |
76,975/= |
51,675/= |
40,250/= |
34,225/= |
30,825/= |
|
45 |
80,225/= |
55,425/= |
44,525/= |
38,925/= |
|
|
50 |
85,700/= |
61,550/= |
51,225/= |
|
|
|
55 |
94,600/= |
71,275/= |
|
|
|
|
|
|
|
