Corporate Fixed Deposit Intrest Rate
sanjaybyadav
Investment , Mutual Fund - January 4, 2024
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Start Your SIP Journey Today with Just ₹500 – A Smart Step Towards Wealth!
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- under certain circumstances
- and Section 10(10D) may
- October 1, 2024
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Get 8X Returns with ₹1 Crore Life Cover and Guaranteed Benefits
Policy Information:
Age: 45 years
Sum Assured (SA): ₹1 Crore
Premium Paying Term (PPT): 10 years
Policy Term (PT): 40 years
Annual Premium (AP): ₹2 Lakhs
Benefits at 8% Return:
Loyalty Additions: ₹5,60,000
Wealth Boosters: ₹20,00,000
Return of PAC (Policy Administration Charges): ₹60,000
Return of Mortality Charges: ₹10,68,154
Fund Value at 8%: ₹1,74,35,094
Give: ₹20,00,000 (total premium paid over 10 years)
Get (Maturity Benefit): ₹1,74,35,094
Give to Get Ratio: 8.72x
This policy seems to be a long-term investment insurance product where the policyholder contributes ₹2,00,000 per year for 10 years, and over the course of 40 years, the maturity value could reach ₹1,74,35,094 at an assumed return of 8%.