Sum Assured
Mar 17, 2012 at 14:12 | Source: Moneycontrol.com
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The Insurance Regulatory and Development Authority (Irda) has underscored a minimum sum assured for all life insurance products in the event of death. Life cover should be either ten times annualised premium or 105% of the total premium paid till the date ...
May 14, 2012 at 04:28 | Source: Daily News and Analysis
The policy is on the traditional platform where risk cover is the sum assured, which is almost double the premium chosen by the customer and offers guaranteed returns at maturity, LIC said in a statement. The plan, which is an ideal combination of ...
May 22, 2012 at 07:17 | Source: Silicon India
Sum assured increased by 26 per cent to Rs 1,63,600 crore in FY12 from 1,29,900 crore in the previous year, the company said. New business sum assured increased by 19 per cent to Rs 90,474 crore from 75,909 crore in FY11. The private insurer covered 42.4 ...
May 22, 2012 at 20:18 | Source: moneyguruindia.com
The policy is on the traditional platform where risk cover is the sum assured, which is almost double the premium chosen by the customer and offers guaranteed returns at maturity, LIC said in a statement. The plan, which is an ideal combination of ...
May 22, 2012 at 06:13 | Source: moneyguruindia.com
2. Room, Boarding and Nursing Expenses You might have taken a higher sum assured then your claim amount but still you might not be reimbursed with full expenses. The main reason is there is individual limits as well which restricts you from ...
May 21, 2012 at 10:46 | Source: MoneyControl.com
The sum that will be paid to the beneficiaries depends on the sum assured at the time of buying the insurance. The premium that you will pay, will depend on a number of factors, like age, sum assured and the type of policy. There are basically ...
May 18, 2012 at 09:17 | Source: postnoon.com
Selling your structured settlement payments for a lump sum means you'll be getting the money you're owed ... more than thirty years of experience in the industry, you can rest assured that you're in good hands when you sell your structured settlement ...
May 27, 2012 at 04:34 | Source: Transworld News
Addressing the press after the launch, LIC South Zonal Manager A K Sahoo said the new plan is a single premium non-linked insurance plan where the risk cover is the sum assured which is almost double the premium chosen by the customer and offers guaranteed ...
May 21, 2012 at 16:01 | Source: New Kerala
If diagnosed with a terminal illness you can claim the full sum assured, and if diagnosed with a serious illness you can claim 20% of the full sum assured. The serious illness benefit can be claimed once and is deducted from any subsequent claims for ...
May 18, 2012 at 07:22 | Source: Private Health UK
Let’s take an example. Suppose you pay a premium of Rs 1 lakh for 10 years for a sum assured of Rs 10 lakh. Broadly, in year one if you die the insurance company will need to pay you higher of the sum assured or the fund value. So in this case ...
May 20, 2012 at 15:41 | Source: Livemint.com