Premium calculation. The premium is dependant on the plan purchase, age, number of days and answers to medical questions (if applicable).
Premium calculation. Premium will be calculated based on the Plan, Daily Cash Benefit, Age, Policy Tenure, Optional Covers and Maximum Coverage Limit selected.
Premium calculation. Premium will be calculated based on the Sum Insured opted, Age, gender, risk classification and Zone of Cover. Default Zone of Cover will be based on Your City-Location based on Your correspondence address. Zone Classification Zone I: Mumbai, Thane & Navi Mumbai and Delhi & NCR Zone II: Bangalore, Hyderabad, Chennai, Chandigarh, Ludhiana, Kolkata, Gujarat Zone III: Rest of India excluding the locations mentioned under Zone I & Zone II Identification of Zone will be based on the location-City of the proposed Insured Persons.
Premium calculation. The Premium charged on the Policy will depend on the Sum Insured, Policy Tenure, Age, Zone, Policy Type, Optional Covers and Add On Benefits opted. Additionally the health status of the individual will also be considered.
Premium calculation. Premium will be calculated based on the Sum Insured opted, Age, gender, risk classification and Zone of Cover. Default Zone of Cover will be based on Your City-Location based on Your correspondence address. All Premiums are age based and will vary each year as per the change in age group. Zone Classification Zone I: Mumbai, Thane & Navi Mumbai and Delhi & NCR Zone II: Bangalore, Hyderabad, Chennai, Chandigarh, Ludhiana, Kolkata, Gujarat Zone III: Rest of India excluding the locations mentioned under Zone I & Zone II Identification of Zone will be based on the location-City of the proposed Insured Persons.
Premium calculation. The method of calculation of premium shall consider the following risk factors: the type of housing, the sum insured, the year and location of the construction, and level of prevention and safety.
Premium calculation. The monthly premium shall be calculated by multiplying the number of Enrollees in each premium class by the rates then in effect. A full Contract Month's premium shall be charged for Enrollees whose Enrollment Date falls on or before the 15th of that Contract Month. No premium shall be charged for Enrollees whose Enrollment Date falls after the 15th of that Contract Month.
Premium calculation. The Premium charged on the Policy will depend on the Plan, Sum Insured, Policy Tenure, Age, and Gender, Additionally the health status of the individual will also be considered. The premium should always be paid in advance for a full Policy Year. However for your convenience, we may allow you other modes of payment of premium. Premium can be paid on Single, Yearly, Half yearly, Quarterly and Monthly basis. Premium payment mode can only be selected at the inception of the Policy or at the renewal of the Policy. In case of premium payment modes other than Single and Yearly, a loading will be applied on the premium. Loading grid applicable for Half yearly, Quarterly and Monthly payment mode. Premium payment mode % Loading on premium Monthly 5.50 Quarterly 3.50 Half yearly 2.50 If we receive any amount in excess of the required premium, we will refund the excess without paying any interest on the excess amount. If we receive any amount lesser than the required premium, the same shall not be adjusted towards the premium and no interest shall be paid on the amount. You will not be entitled to any benefits or claims under the policy unless you pay the full premiums in time. The premium payment mode can be changed only on a policy anniversary by sending a request at least one month in advance. Change in premium payment mode is subject to:
Premium calculation. (a) The Closing shall be as of 12:01 a.m. on December 1, 2001 (except as otherwise expressly provided herein with respect to certain Assets and Liabilities).
