RATE BOOKstate life

RURAL LIFE INSURANCE PLAN TABLE 18

RURAL LIFE INSURANCE PLAN.TABLE 18 the socio-economic conditions of rural and less developed areas differ considerably for those in main towns and developed areas and therefore needs of insurance also differ. keeping these factors in view a special plan of insurance has been designed for the inhabitants of the rural and less developed areas. the salient features of the plan are.

1-age at entry and term, the plan will be available to persons aged 20 years to 55 years .only term 15 and 2oyears will be available.                                                                                                                                                  2-maturity benefits                                                                                                                                                                 on the maturity of the policy————————————-full sum assured plus bonuses                       3- death benefits                                                                                                                                                                on death from any cause ——————————————-full sum assured plus bonuses                         on death due to an  accident————————–three times sum assured plus bonuses                                on death due to an accident————————five-time sum assured plus bonuses                                      caused agricultural equipment,                                                                                                                                     4- extended reinstatement period. premiums falling due during any periods of crop failure due to any natural calamity floods rain, wind,haildrought, locust, pests etc will be accepted within 6 months of the due date at policy reinstated without evidence of health and payment of late fees.                                            5- automatic nonforfeiture. if the premiums are discontinued after payment of at least 2 years premiums.the policy with automatic premium loan option, be automatically kept in force for a period of 2 years form the first unpaid premium due date.                                                                                                    6- premiums another mode of payment. half-yearly annual premium multiplied by .52                    REBATES. premiums are subject to the following rebates                                                                                      for single policy of RS 6000 & over RS0.50 per thousand                                                                                         for single policy of RS 10000 &  overRS1.00 per thousand                                                                                          for single policy of RS 20000 & overRS1.50 per thousand                                                                                        for single policy of RS 50000 & over RS 2.00 per thousand                                                                                 for single policy of  RS 100000& over RS 3.00 per thousand                                                                                loan & surrender. the policy will acquire a loan of 80% of the surrender value of the policy after the 2 years and this policy also acquire a surrender value provided at least 2 years premium have been paid.                   NO POLICY FEE IS TO ADDED TO THE TABULAR PREMIUM FOR THIS PLAN

AGE NEAREST BIRTHDAYANNUAL PREMIUM
PER RS 100 ASSURED
15 YEARS
ANNUAL PREMIUM
PER RS 100 ASSURED
15 YEARS
AGE NEAREST BIRTHDAYANNUAL PREMIUM
PER RS 100 ASSURED
15 YEARS
ANNUAL PREMIUM
PER RS 100 ASSURED
15 YEARS
2078.0759.123779.5261.08
2178.0759.123879.7261.39
2278,0759.233979.9361.80
2378.1859.234080.2462.21
2478.1859.334180.5562.62
2578.2859.334280.8663.14
2678.2859.434381.2763.76
2778.3859.534481.7864.38
2878.3859.644582.3064.99
2978.4959.744682.9265.82
3078.5959.844783.6466.74
3178.6959.954884.3667.67
3278.8060.054985.2868.70
3378.9060.265086.2169.83
3479.0060.465187.2471.07
3579.1060.675288.3772.51
3679.3160.875389.6173.95
5490.9575.50
5592.2977.25
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