Purchase Price = Rs. 25,00,000 + 1.8% GST = Rs. 25,45,000
Annuity Option = Annuity for Life
Pension depending on the Mode of Annuity | ||||
---|---|---|---|---|
Yearly | Half Yearly | Quarterly | Monthly | |
Rs. 2,30,550 | 1,12,375 | 55,494 | 18,361 |
Sum Assured | 1,00,00,000 | Age | 32 |
Policy Term | 30 |
First Year Premium | ||||
---|---|---|---|---|
Mode | Premium | GST ( @4.5 % ) | Total Premium | |
Yearly | 3,60,730 | 16,233 | 3,76,963 |
Second Year Onward Premium | ||||
---|---|---|---|---|
Mode | Premium | GST ( @2.25 % ) | Total Premium | |
Yearly | 3,60,730 | 8,116 | 3,68,846 |
Benefits Details | |
---|---|
Total Premium Paid (Approx) | 1,10,73,509 |
Minimum Risk Cover | 1,25,00,000 |
Maximum Risk Cover (Approx) | 4,58,10,000 |
Matruity (Approx) | 3,57,00,000 |
Post Matruity Risk Cover | 1,00,00,000 |
Maturity Break-up | |
---|---|
Sum Assured (A) | 1,00,00,000 |
Accumulated Bonus (Approx) (B) | 1,47,00,000 |
Final Addition Bonus (FAB) (Approx) (C) | 1,10,00,000 |
Matruity (Approx) (A+B+C) | 3,57,00,000 |
Sum Assured | 1,00,00,000 | Age | 30 |
Policy Term | 25 |
Premium | ||||
---|---|---|---|---|
Mode | Premium | GST ( @18 % ) | Total Premium | |
Yearly | 19,600 | 3,528 | 23,128 |
Maturity And Death Benefits | |
---|---|
Natural/Accident Death Benefit | 1,00,00,000 |
Maturity Benefit | 0 |