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  • Premium Calculator For ICAI 11.1.22

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    Vaurun G
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    This document contains details of a life insurance policy for a 33-year-old non-smoking male with a sum assured of Rs. 10,000,000 including a premium rate of 1.87% and annual premium of Rs. 18,723 excluding GST. The policy has a premium payment term of 47 years and pays until retirement at age 60, with premiums varying according to sum assured amounts of Rs. 50-74.99 lakhs, Rs. 75 lakhs-1 crore, and over Rs. 1 crore.

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    Premium calculator ICAI

    Original Title

    2.-Premium-Calculator-for-ICAI-11.1.22

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    This document contains details of a life insurance policy for a 33-year-old non-smoking male with a sum assured of Rs. 10,000,000 including a premium rate of 1.87% and annual premium of Rs. 18,723 excluding GST. The policy has a premium payment term of 47 years and pays until retirement at age 60, with premiums varying according to sum assured amounts of Rs. 50-74.99 lakhs, Rs. 75 lakhs-1 crore, and over Rs. 1 crore.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    6 views3 pages

    Premium Calculator For ICAI 11.1.22

    Uploaded by

    Vaurun G
    This document contains details of a life insurance policy for a 33-year-old non-smoking male with a sum assured of Rs. 10,000,000 including a premium rate of 1.87% and annual premium of Rs. 18,723 excluding GST. The policy has a premium payment term of 47 years and pays until retirement at age 60, with premiums varying according to sum assured amounts of Rs. 50-74.99 lakhs, Rs. 75 lakhs-1 crore, and over Rs. 1 crore.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 3

    Company Name Institute of Chartered Accountants of India 0 0

    Age 33
    Gender M
    Option Life Option
    Sum Assured 10,000,000 0
    PT 47 0
    PPT RP
    Channel Direct
    Group 2
    Smoker Status Non-Smoker

    Premium rate (excl GST) 1.87


    Premium (excl GST) 18,723.00
    Premium (incl GST) 22,093.14

    <- Please input details in cells coloured in green to generate premium payable
    0

    Max age at entry is 60 years


    Rates are applicable as per below groups
    Group 1 50L-74.99L SA
    Group 2 75L-1 cr SA
    Group 3 SA > 1cr

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