Future Care DPS

Minimum Annual Premium = NRs 12,000, Maximum Annual Premium = NRs 30,00,000

Minimum Term = 5 Years, Maximum Term = 20 Years

Method A:

Select (a) Sum Assured or Coverage amount, and (b) Term of insurance coverage

Annual Premium = Sum Assured or Coverage amount / Term

Example: Annual Premium for a 20-year Policy with Sum Assured Rs. 500,000 is Rs. 25,000 – calculated by dividing 500,000 by 20

Method B:

Select (a) Annual Premium, and (b) Term of insurance coverage

Sum Assured or Coverage amount = Annual Premium X Term

Example: Sum Assured or Coverage amount of a 20-year Policy paying Rs. 25,000 Annual Premium Rs. 500,000 – calculated by multiplying 25,000 by 20