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  • SaralJeevanBima - 21-3-2023 9.16.57

    Uploaded by

    Gursimran Singh
    6 views5 pages
    This document outlines the details of the 859-Saral Jeevan BIMA life insurance plan. Key details include: - The proposed plan is for an individual aged 25 with a sum assured of Rs. 2,400,000 over a policy term of 25 years. - The annual premium for yearly payment is Rs. 10,478. - By paying Rs. 29 per day for 25 years, the individual will receive a risk cover of Rs. 2,400,000 for 25 years with no cash value or returns.

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    _SaralJeevanBima_21-3-2023 9.16.57

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    This document outlines the details of the 859-Saral Jeevan BIMA life insurance plan. Key details include: - The proposed plan is for an individual aged 25 with a sum assured of Rs. 2,400,000 over a policy term of 25 years. - The annual premium for yearly payment is Rs. 10,478. - By paying Rs. 29 per day for 25 years, the individual will receive a risk cover of Rs. 2,400,000 for 25 years with no cash value or returns.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    6 views5 pages

    SaralJeevanBima - 21-3-2023 9.16.57

    Uploaded by

    Gursimran Singh
    This document outlines the details of the 859-Saral Jeevan BIMA life insurance plan. Key details include: - The proposed plan is for an individual aged 25 with a sum assured of Rs. 2,400,000 over a policy term of 25 years. - The annual premium for yearly payment is Rs. 10,478. - By paying Rs. 29 per day for 25 years, the individual will receive a risk cover of Rs. 2,400,000 for 25 years with no cash value or returns.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 5

    859-Saral Jeevan BIMA

    Prepared By

    Ph:
    This is proposed to

    Proposer Details
    Name
    Age 25
    Plan Name 859-Saral Jeevan BIMA
    Sum Assured 2400000
    Policy Term 25
    PPT 25

    Premium
    YLY HLY MLY
    10478 5344 899
    8880+1598 4529+815 762+137

    Save Rs.29 per day for 25 yrs, you will have


    a Risk Cover of Rs.2400000 for 25 yrs
    Year Age Premium Natural Accidental Returns CashValue Loan

    2023 25 10478 2400000 2400000 0 0 0

    2024 26 10478 2400000 2400000 0 0 0

    2025 27 10478 2400000 2400000 0 0 0

    2026 28 10478 2400000 2400000 0 0 0

    2027 29 10478 2400000 2400000 0 0 0

    2028 30 10478 2400000 2400000 0 0 0

    2029 31 10478 2400000 2400000 0 0 0

    2030 32 10478 2400000 2400000 0 0 0

    2031 33 10478 2400000 2400000 0 0 0

    2032 34 10478 2400000 2400000 0 0 0

    2033 35 10478 2400000 2400000 0 0 0

    2034 36 10478 2400000 2400000 0 0 0

    2035 37 10478 2400000 2400000 0 0 0

    2036 38 10478 2400000 2400000 0 0 0

    2037 39 10478 2400000 2400000 0 0 0

    2038 40 10478 2400000 2400000 0 0 0

    2039 41 10478 2400000 2400000 0 0 0

    2040 42 10478 2400000 2400000 0 0 0

    2041 43 10478 2400000 2400000 0 0 0

    2042 44 10478 2400000 2400000 0 0 0

    2043 45 10478 2400000 2400000 0 0 0

    2044 46 10478 2400000 2400000 0 0 0

    2045 47 10478 2400000 2400000 0 0 0

    2046 48 10478 2400000 2400000 0 0 0

    2047 49 10478 2400000 2400000 0 0 0

    2048 50 0 0 0 0 0 0
    0 0 261950 0 0 0 0 0
    You have to pay the premium for 25 yrs
    (from Age:25 - Age:49)

    If you take the payment mode as yly then you have to pay Rs.10478 every year

    Totally you will pay Rs.261950

    Natural Risk Cover is Rs.2400000 as shown in the above table..

    Accidental Risk Cover is Rs.2400000 as shown in the above table..

    This is only a Risk Cover policy,you will not get any returns from this policy

    Disclaimer : The Benefits shown in this presentation are calculated based on the
    current bonus rates, Actual values may vary depends on the corporation profits and
    experience

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