|
The sample premium rates are as under:
-
|
9 |
12 |
15 |
15 |
716.40
|
771.35
|
804.00
|
20 |
717.20
|
771.85
|
804.40
|
25 |
717.55
|
772.25
|
804.95
|
30 |
718.45
|
773.35
|
806.10
|
35 |
721.05
|
775.75
|
808.55
|
40 |
725.80
|
780.25
|
812.95
|
45 |
734.10
|
787.60
|
819.60 |
50 |
746.60
|
797.90
|
828.95
|
55 |
762.65
|
811.95
|
841.75
|
60 |
784.80
|
831.30 |
859.35 |
65 |
816.25
|
- |
- |
Let’s take an example of
a 30 year old with a Bima Bachat policy
for 12 years. If the sum assured is Rs
45,000 then he has to pay a premium of
Rs 34800.75. But for a sum assured amount
of Rs 50,000 he will have to pay a premium
of Rs 36734.13 only, thus getting a 5%
rebate in premium.
| Less than Rs. 50,000 |
NIL |
| Rs. 50,000 and Less than Rs.1 lakh |
5% |
| Rs. 1 lakh and Less than Rs.2 lakh |
7% |
| Rs. 2 lakh and above |
8% |
| 
