What is the rate of premium calculated under the Critical Illness policy ?
Under Critical Illness insurance, the premium depends upon the age and the sex of the person. For every age, there is a different premium charged. For instance, a 35-year old male will be charged a premium of Rs.1.53 per thousand whereas for a female of the same age, it is Rs.2.28 per thousand. For a 65-year male it is Rs.21.86. per thousand while a female of the same age will be charged Rs.15.25 per thousand.
Related Questions
- As my policy includes life and critical illness cover, does that mean it could pay out twice, once of I get a critical illness and then again if I die?
- How do I make a change to my policy/certificate for Universal Life, Whole Life, Accident, Critical Illness or Voluntary Disability Income Insurance?
- Can I put a life insurance policy that includes critical illness cover, in trust?
