After hogging headlines for over two weeks, the 26th Conference of Parties (COP26) to the UN Framework Convention on Climate Change in Glasgow, where almost 200 countries came together to find ways to prevent global temperature rising beyond the critical threshold, has concluded. In terms of outcome, however, it is a case of mountains labouring…
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 |