Category: IC02 PRACTICE OF LIFE INSURANCE – 19

Que. 1 : Q1) Calculate the Surrender Value Payable given the following details. Sum Assured is Rs 1 Lakh. Term is 25 years, payment of premium is discontinued after 25 half yearly payments. Bonus accrued during the life of the policy is Rs 600 per thousand and the surrender value payale is 80%.    1.  a) Rs 80,000 […]