Modi government's biggest decision, now how much revenue will be the benefit of OBC reservation, details

Modi government's biggest decision, now how much revenue will be the benefit of OBC reservation, details 

The above mentioned premium rate is for 1 crore of life cover for a 25 year old healthy male for a policy term of 15 years with regular income payout option. The annual premium amount for this assumption will be 6036 and monthly premium will be 504. The above mentioned premium rate is for 50 lakhs of life cover and 10 lakhs of accelerated critical illness cover for a 25 year old healthy male for a policy term of 15 years with lumpsum payout option. The annual premium amount for this assumption will be 5846 and monthly premium will be 489. The above mentioned premium rate is for 1 crore of life cover and 10 lakhs of accelerated critical illness cover for a 25 year old healthy male for a policy term of 15 years with regular income payout option. 

◆ The annual premium amount for this assumption will be 7,576 and monthly premium will be 633.The above mentioned premium rate is for 1 crore of life cover for a 30 year old healthy male for a policy term of 30 years with regular income payout option. The annual premium amount for this assumption will be 9179 and monthly premium will be 766. In case of death, the nominee will receive 83,333 pm for 10 years. 

A mutual fund company is an investment company that receives money from investors for the sole purpose to invest in stocks, bonds, and other securities for the benefit of the investors. A mutual fund is the portfolio of stocks, bonds, or other securities that generate profits for the investor, or shareholder of the mutual fund. A mutual fund allows an investor with less money to diversify his holdings for greater safety and to benefit from the expertise of professional fund managers. Mutual funds are generally safer, but less profitable, than stocks, and riskier, but more profitable than bonds or bank accounts, although its profit-risk profile can vary widely, depending on the fund's investment objective.Most mutual funds are open-end funds, which sells new shares continuously or buys them back from the shareholder (redeems them), dealing directly with the investor (no-load funds) or 

through broker-dealers, who receive the sales load of a buy or sell order.The purchase price is the net asset value (NAV) at the end of the trading day, which is the total assets of the fund minus its liabilities divided by the number of shares outstanding for that day

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➨ Tax benefits can be availed subject to issuance of policy and other conditions as per prevailing tax laws. This feature is only available for Life Option.The critical illness benefit is an accelerated benefit and the death benefit will be reduced by the critical illness cover paid to the policyholder. To know more about the illnesses covered, please refer to the Sales brochure. Available under Life and Health and All in One options.Accidental Death Benefit is up to 2 Crores.

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