This document outlines the premiums, maturity amounts, and returns for a life insurance policy over a period of 45 years for an individual who took the policy at age 19. Key details include:
- Premiums start at ₹2691 per month and increase annually, with total premiums paid reaching over ₹5 lakh by age 45.
- Maturity amounts gradually increase from just over ₹9 lakh at age 35 to over ₹15 lakh at age 60, providing retirement funds.
- The policy balances growth of funds with protection over the insured's lifetime.
This document outlines the premiums, maturity amounts, and returns for a life insurance policy over a period of 45 years for an individual who took the policy at age 19. Key details include:
- Premiums start at ₹2691 per month and increase annually, with total premiums paid reaching over ₹5 lakh by age 45.
- Maturity amounts gradually increase from just over ₹9 lakh at age 35 to over ₹15 lakh at age 60, providing retirement funds.
- The policy balances growth of funds with protection over the insured's lifetime.
This document outlines the premiums, maturity amounts, and returns for a life insurance policy over a period of 45 years for an individual who took the policy at age 19. Key details include:
- Premiums start at ₹2691 per month and increase annually, with total premiums paid reaching over ₹5 lakh by age 45.
- Maturity amounts gradually increase from just over ₹9 lakh at age 35 to over ₹15 lakh at age 60, providing retirement funds.
- The policy balances growth of funds with protection over the insured's lifetime.