Scribd Logo
Upload

Welcome to Scribd!

  • 13 views

    Singleendment - 29-5-2022 11.48.55

    Uploaded by

    Pavan Kumar Gundu Rao
    This document summarizes a 917-Single Endowment insurance plan. The proposer is 30 years old and the sum assured is Rs. 155,000 with a policy term of 15 years. The single premium is Rs. 101,170 including GST. This would provide total returns of Rs. 244,900 by age 45. The policy provides natural and accidental death coverage reducing over time. It also allows building cash value and taking loans against the policy value. A medical exam may be required depending on the proposer's criteria.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content

    You might also like

    Singleendment - 29-5-2022 11.48.55

    Uploaded by

    Pavan Kumar Gundu Rao
    13 views5 pages
    This document summarizes a 917-Single Endowment insurance plan. The proposer is 30 years old and the sum assured is Rs. 155,000 with a policy term of 15 years. The single premium is Rs. 101,170 including GST. This would provide total returns of Rs. 244,900 by age 45. The policy provides natural and accidental death coverage reducing over time. It also allows building cash value and taking loans against the policy value. A medical exam may be required depending on the proposer's criteria.

    Original Description:

    Original Title

    _singleEndment_29-5-2022 11.48.55

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document summarizes a 917-Single Endowment insurance plan. The proposer is 30 years old and the sum assured is Rs. 155,000 with a policy term of 15 years. The single premium is Rs. 101,170 including GST. This would provide total returns of Rs. 244,900 by age 45. The policy provides natural and accidental death coverage reducing over time. It also allows building cash value and taking loans against the policy value. A medical exam may be required depending on the proposer's criteria.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    13 views5 pages

    Singleendment - 29-5-2022 11.48.55

    Uploaded by

    Pavan Kumar Gundu Rao
    This document summarizes a 917-Single Endowment insurance plan. The proposer is 30 years old and the sum assured is Rs. 155,000 with a policy term of 15 years. The single premium is Rs. 101,170 including GST. This would provide total returns of Rs. 244,900 by age 45. The policy provides natural and accidental death coverage reducing over time. It also allows building cash value and taking loans against the policy value. A medical exam may be required depending on the proposer's criteria.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 5

    917-Single Endowment

    .
    .

    Prepared By

    Pavan Kumar G

    Ph: 9632535662
    Pavankumarg77@ymail.com
    This is proposed to

    Proposer Details
    Name
    Age 30
    Plan Name 917-Single Endowment
    Sum Assured 155000
    Policy Term 15
    PPT 1

    Single Premium
    Premium GST(4.5%) Payable Prem
    96813 4357 101170

    Total Premium Rs.101170


    Total Returns Rs.244900

    Pay Rs.101170 for single time, and get an


    amount of Rs.244900 during the term
    Year Age Premium Natural Accidental Returns CashValue Loan

    2022 30 101170 160890 160890 0 68804 0

    2023 31 0 166780 166780 0 89201 49060

    2024 32 0 172670 172670 0 90251 54150

    2025 33 0 178560 178560 0 91336 59368

    2026 34 0 184450 184450 0 92479 69359

    2027 35 0 190340 190340 0 93704 74963

    2028 36 0 196230 196230 0 95038 85534

    2029 37 0 202120 202120 0 96522 86869

    2030 38 0 208010 208010 0 98183 88364

    2031 39 0 213900 213900 0 100083 90074

    2032 40 0 219790 219790 0 102278 92050

    2033 41 0 225680 225680 0 104836 94352

    2034 42 0 231570 231570 0 107850 97065

    2035 43 0 237460 237460 0 111869 100682

    2036 44 0 244900 244900 0 119603 107642

    2037 45 0 0 0 244900 0 0

    0 0 101170 0 0 244900 0 0
    You will pay the premium of Rs.101170 for one time

    At Age:45 you will receive Rs.244900

    Natural Risk Cover is Rs.160890-Rs.244900 as shown in the above table.....For


    example
    In case of Natural Death at Age-35, Nominee will receive Rs.190340

    Accidental Risk Cover is Rs.160890-Rs.244900 as shown in the above


    table.....For example
    In case of Accidental Death at Age-35, Nominee will receive Rs.190340

    If you close the policy you will receive the amount as shown in the above table
    under CashValue Column.....For example
    if you close at Age-35, you will receive Rs.93704

    You can take the loan as shown in the above table under Loan Column.....For
    example
    at Age-35, you can take a loan of Rs.74963

    Medical Report: For Proposers under NMS(Including NRIs/FNIOs of group V


    countries), And NMG(Professional) and NMG(Self-Employed) Criteria upto age
    60 LBD
    ----NMS & NMG(Professional)----

    For Proposers under NMG(SAP) and NMG(NSAP) for others


    ----NMG & NMG(NSAP)----

    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

    You might also like