![]() The policyholder will not be able to surrender/withdraw the monies invested in Unit linked Insurance Products completely or partially till the end of the fifth year. The Unit linked Insurance Products do not offer any liquidity during the first five years of the contract.Please know the associated risks and the applicable charges, from your insurance agent or the intermediary or policy document issued by the insurance company.The maturity benefit in form of a lumpsum benefit equal to Rs.33,19,055 is paid at the end of the 20th year, provided the policy is in-force and all due premiums have been paid. ![]() The maturity benefit is calculated for a 25 years old healthy male life who has opted for Canara HSBC Life Insurance iSelect Guaranteed Future with iAchieve plan option, monthly premium Rs.10,000 (excluding taxes), premium payment term 10 years and policy term 20 years through online sales channel. Please consult your independent tax advisor for details.ĥ. Goods & Services Tax will be charged on the premium amount. The provisions of Income Tax Act, 1961 are subject to amendments made by the government from time to time. Tax benefits/savings are subject to provisions under section 80 C, 80 CCC, 80 D, 10(10A), 10(10D) and other sections of the Income Tax Act, 1961. 1.5 lacs under Income Tax Act, 1961 and tax benefit may vary from assessee to assessee. 46,800/- is calculated at the highest tax slab of 31.2%(including 4% cess) for an individual assessee on life insurance premium of Rs. 51,84,468 which includes Guaranteed Sum Assured on Maturity, accrued Guaranteed Yearly Additions and Guaranteed Loyalty Addition. 2,10,000, (excluding taxes) premium payment term 10 years and policy term 20 years. The Policy will terminate after payment of this benefit.Ģ.Guaranteed Benefits - Provided all premiums have been paid as and when due and the policy is in-force.ģ.The maturity benefit calculated for a 25 years old healthy male who has opted for Canara HSBC Life Insurance Guaranteed Savings Plan with Guaranteed Savings Option through insurer’s website, annual premium Rs. In case of death of the Life Assured during the Policy Term, Sum Assured on Death basis the Coverage option opted, less cumulative monthly income(s) already paid shall be payable. ![]() Under this plan option, a Monthly Survival Income shall be payable at the beginning of each month, starting from the Policy Anniversary coinciding with or following the Life Assured attaining age 60 years (last birthday) which shall continue till the end of the Policy Term or the death of the Life Assured whichever is earlier. The monthly survival benefit mentioned is an example of Life Assured opting for Sum Assured as 1Cr under Life Secure with Income plan option. Trade Logo of Canara HSBC Life Insurance Company Limited (formerly known as Canara HSBC Oriental Bank of Commerce Life Insurance Company Ltd) hereinafter referred to as "Insurer" is used under license with Canara Bank and HSBC Group Management Services Limited.ġ. But if you are a gymĮnthusiast or a sportsperson, you are likely to have a higher BMI than others. Physiologically, you will need a few more measurements such as waist size to height, for a moreĮstimating weight simply indicates a possibility of obesity for normal individuals. However popular, BMI is not a reliable indicator of obesity, as it does not measure the fat level of theīody. Obesity is linked with a range of physical and mental health issues or lifestyle problems. The simplicity of the measurement makes it one of the most popular methods of assessing obesity inĪdults. Government in measuring the obesity levels of the population. Lambert Adolphe Jacques Quetelet a Belgian mathematician introduced the measure to assist the ![]() Surprisingly, the BMI was a brainchild of a mathematician and not a Ideal weight range also changes as per the heights of men and women. A short but fat person may weigh less than a tall but lean person. Body Mass Index is a ratio of your physical attributes – height and weight.
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