Financial Year 2017-18 Mate Chukavel Rakam Par Income Tax Kapat Karva Babatno Letest Circular- Amadavad
In case of death, the nominee will receive 83,333 pm for 10 years. The annual premium amount for this assumption will be 7,576 and monthly premium will be 633.The above mentioned premium rate is for 1 crore of life cover for a 30 year old
healthy male for a policy term of 30 years with regular income payout option. The annual premium amount for this assumption will be 9179 and monthly premium will be 766.
Available under Life and Health and All in One options.Accidental Death Benefit is up to 2 Crores.Tax benefits can be availed subject to issuance of policy and other conditions as per prevailing tax laws. This feature is only available for Life Option.
The critical illness benefit is an accelerated benefit and the death benefit will be reduced by the critical illness cover paid to the policyholder. To know more about the illnesses covered, please refer to the Sales brochure.
between 1% and 2% of the amount being pre paid. c) Commitment Fees: Some institutions levy a commitment fee in case the loan is not availed of within a stipulated period of time after it is processed and sanctioned. d) Miscellaneous costs: It is quite possible that some lenders may levy a documentation or consultant charges.
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