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  • 11.total Premium Rs.21,75,422

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    Arpit Sharma
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    This document contains a premium calculation sheet for M/S Commvault Systems India Pvt Ltd's health insurance. It summarizes that there are 151 employees with 402 family members requiring a total sum insured of Rs. 7,55,00,000. It breaks down the employees into age bands, showing the number in each band, their premiums, number of dependents, loading costs, and total premiums. The total preliminary premium is calculated to be Rs. 13,66,625 after adjustments. Additional costs are added for claims ratio loading and corporate floater benefits, bringing the total premium to Rs. 21,75,422.

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    This document contains a premium calculation sheet for M/S Commvault Systems India Pvt Ltd's health insurance. It summarizes that there are 151 employees with 402 family members requiring a total sum insured of Rs. 7,55,00,000. It breaks down the employees into age bands, showing the number in each band, their premiums, number of dependents, loading costs, and total premiums. The total preliminary premium is calculated to be Rs. 13,66,625 after adjustments. Additional costs are added for claims ratio loading and corporate floater benefits, bringing the total premium to Rs. 21,75,422.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    46 views2 pages

    11.total Premium Rs.21,75,422

    Uploaded by

    Arpit Sharma
    This document contains a premium calculation sheet for M/S Commvault Systems India Pvt Ltd's health insurance. It summarizes that there are 151 employees with 402 family members requiring a total sum insured of Rs. 7,55,00,000. It breaks down the employees into age bands, showing the number in each band, their premiums, number of dependents, loading costs, and total premiums. The total preliminary premium is calculated to be Rs. 13,66,625 after adjustments. Additional costs are added for claims ratio loading and corporate floater benefits, bringing the total premium to Rs. 21,75,422.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 2

    PREMIUM CALULATION SHEET OF

    M/SCOMMVAULT SYSTEMS INDIA PVT LTD.

    1. NO. OF EMPLOYEES 151

    2. NO. OF FAMILY MENBRES 402

    3. SUM INSURED REQUIRED PER FAMILY NO. FAMILIES SYSTEMS INDIA PVT LTD.

    SUM INSURED

    RS.5,00,000/-. 151 RS.7,55,000,00/-.

    4.AGE BAND OF EMPLOYEES & PREMIUM.

    AGE NO.OF EMP . @ PREMIUM NO.DEP. LOADING PREMIUM

    21-35 136 X 5150 RS.7,00,400. 341 X515.50 RS.1,75,785. RS.8,76,185.

    36-45 14 X6157 RS. 86,198. 56X615.70 RS. 34,479. RS.1,20,677.

    46-55 1 X 10302 RS. 10,302. 5X1030.2 RS. 5,151. RS. 15,453.

    TOTAL 151 RS.7,96,900. RS.2,15,415 . RS.10,12,315.

    4. LESS DOM. HOS. DIS. 10% RS. 1,01,131.

    5.ADD. MATERNITY BEN.WITHOUT WAITING 15% RS.1,51,847.

    6.ADD DELETION 4.1 5% RS. 50,616.

    7. 4.2 10% RS.1,01,131

    8. 4.3 15% RS.1,51,847

    TOTAL RS.13,66,625.

    9. CLAIM RATIO 101 TO125% LOADING 55% RS. 7,51,644.

    10. CORPORATE FLOATER RS.20,00,000/-. i.e.2.7% RS. 57,153.

    11.TOTAL PREMIUM RS.21,75,422.

    Sr.Branch Manager

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