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Home > Group Micro Insurance Plans > SBI Life - Grameen Super Suraksha > Generic Benefit Illustration

Generic Benefit Illustration

  Generic Benefit Illustration  |  Email
 
For Single Premium mode:
 
The Sum Assured is equal to 30 times the single premium (net of service tax):
  If Single Premium for one member is Rs. 500/-*, the Sum Assured will be: 30* Rs. 500 = Rs. 15,000 /-
 
In case of death when the cover is in force:
  Sum Assured  payable is Rs. 15,000/-, subject to exclusions
 
For Regular  Premium mode:
 
The Sum Assured is equal to 150 times the yearly premium (net of service tax):
  If Regular Premium for one member is Rs. 100/-*, the Sum Assured will be: 150* Rs. 100/- = Rs. 15,000  /-
 
In case of death when the cover is in force:
  Sum Assured  payable is Rs. 15,000/-, subject to exclusions
 
*Premium referred to here is net of Service Tax
 
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