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Insurance

Annexure-A

OPTIONAL - II
Mathematics for
Commerce, Economics
and Business

THE WHOLE LIFE POLICY


Annual Premiums payable untill death for the Insurance of Rs. 1000 to be paid at death only.
Table -1
(Without Profits)
Age nearer
Birthday
Years

Annual Premiums

Annual Premiums

Rs. P.

Age nearer
Birthday
Years

15

10.75

39

21.25

16
17
18
19
20

10.90
11.05
11.20
11.40
11.60

40
41
42
43
44

22.25
23.30
24.45
25.65
26.95

21
22
23
24
25

11.80
12.05
12.35
12.60
12.95

45
46
47
48
49

28.35
29.80
31.35
33.00
34.75

26
27
28
29
30

13.30
13.65
14.05
14.50
14.95

50
51
52
53
54

36.60
38.60
40.75
43.05
45.45

31
32
33
34
35

15.50
16.00
16.60
17.85
17.95

55
56
57
58
59

48.05
50.80
53.75
56.90
60.25

36
37
38

18.65
19.45
20.30

60

63.80

Rs.P.

Notes

Table -2
(With Profits)

166

Age nearer
Birthday
Years

Annual Premiums

Annual Premiums

Rs. P.

Age nearer
Birthday
Years

15

17.95

39

35.70

16
17
18
19
20

18.35
18.80
19.20
19.65
20.15

40
41
42
43
44

37.00
38.35
39.80
41.30
42.90

21
22
23
24
25

20.65
21.15
21.75
22.30
22.90

45
46
47
48
49

44.60
46.30
48.05
49.90
51.85

26
27
28
29
30

23.55
24.25
24.95
25.70
26.50

50
51
52
53
54

53.95
56.15
58.50
60.95
63.60

31
32
33
34
35

27.35
28.20
29.10
30.05
31.10

55
56
57
58
59

66.35
69.30
72.40
75.70
79.15

36
37
38

32.15
33.25
34.45

60

82.85

Rs.P.

MATHEMATICS

Insurance
OPTIONAL - II
The Endowment Insurance Policy (Without Profits)
Table -3
Annual Premiums for the Insurance of Rs. 1000 to be paid at the end of specified term of
years or at death, if it should occur sooner

Mathematics for
Commerce, Economics
and Business

Endownment Term
Age nearer
Birthday
Years

5
years
Rs. P.

6
years
Rs. P.

7
years
Rs. P.

8
years
Rs. P.

9
years
Rs. P.

10
years
Rs. P.

11
years
Rs. P.

Age nearer
Birthday
Years

15

188.90

152.00

126.00

106.80

92.00

83.40

73.45

15

16
17
18
19
20

188.90
188.90
188.90
188.90
188.90

152.00
152.00
152.00
152.00
152.00

126.00
126.00
126.00
126.00
126.00

106.80
106.80
106.80
106.80
106.80

92.00
92.00
92.00
92.00
92.00

83.40
83.40
83.40
83.40
83.40

73.45
73.45
73.45
73.45
73.45

16
17
18
19
20

21
22
23
24
25

188.90
188.90
188.90
188.90
188.90

152.00
152.00
152.00
152.00
152.00

126.00
126.00
126.00
126.00
126.00

106.80
106.80
106.80
106.80
106.80

92.00
92.00
92.00
92.00
92.00

83.40
83.40
83.40
83.40
83.40

73.45
73.45
73.45
73.45
73.45

21
22
23
24
25

26
27
28
29
30

188.90
188.90
188.90
188.95
189.00

152.00
152.00
152.00
152.05
152.10

126.00
126.00
126.05
126.10
126.15

106.80
106.80
106.85
106.90
106.95

92.00
92.05
92.10
92.15
92.25

83.40
83.45
83.50
83.60
83.65

73.50
73.55
73.60
73.65
73.75

26
27
28
29
30

31
32
33
34
35

189.05
189.10
189.20
189.25
189.35

152.15
152.25
152.30
152.40
152.50

126.20
126.30
126.40
126.45
126.55

107.05
107.10
107.20
107.30
107.40

92.30
92.40
92.50
92.60
92.70

83.75
83.85
83.95
84.05
84.20

73.85
73.95
74.05
74.20
74.35

31
32
33
34
35

36
37
38
39
40

189.45
189.55
189.70
189.85
190.05

152.60
152.70
152.85
153.05
153.30

126.70
126.80
127.00
127.20
127.45

107.55
107.70
107.90
108.10
108.35

92.85
93.05
93.25
93.50
93.75

84.40
84.60
84.80
85.10
85.40

74.55
74.75
75.00
75.30
75.65

36
37
38
39
40

41
42
43
44
45

190.30
190.55
190.85
191.15
191.50

153.55
153.80
154.15
154.45
154.85

127.70
128.00
128.35
128.75
129.15

108.65
109.00
109.35
109.75
110.20

94.05
94.40
94.80
95.25
95.70

85.75
86.15
86.60
87.05
87.60

76.00
76.40
76.90
77.40
77.95

41
42
43
44
45

46
47
48
49
50

191.90
192.30
192.75
193.30
193.85

155.25
155.75
156.25
156.80
157.40

129.60
130.10
130.65
131.25
131.90

110.65
111.20
111.80
112.45
113.15

96.20
96.80
97.40
98.10
98.85

88.15
88.80
89.50
90.30
91.15

78.55
79.20
79.95
80.80
81.65

46
47
48
49
50

51
52
53
54
55

194.45
195.15
195.85
196.70
197.55

158.10
158.80
159.60
160.50
161.45

132.60
133.40
134.30
135.20
136.25

113.90
114.75
115.70
116.70
117.80

99.65
100.55
101.55
102.65
103.80

92.05
93.05
94.20
95.40
96.70

82.65
83.70
84.90
86.15
87.55

51
52
53
54
55

56
57
58
59
60

198.55
199.60
200.75
202.00
203.35

162.50
163.65
164.90
166.25
167.75

137.40
138.65
139.95
141.45
143.05

119.00
120.35
121.75
123.35
125.05

105.10
106.50
108.05
109.70
111.55

98.20
99.75
101.50
103.35
105.45

89.10
90.75
92.55
94.55
95.05

56
57
58
59
60

Notes

MATHEMATICS

167

Insurance
OPTIONAL - II
Mathematics for
Commerce, Economics
and Business

The Endowment Insurance Policy (without profits)


Table-3 contd..
Annual Premiums for the Insurance of Rs. 1000 to be paid at the end of specified term
of years or at death, if it should occur sooner

Notes

168

MATHEMATICS

Insurance
The Endowment Insurance Policy (without profits)
Table-3 contd..
Annual Premiums for the Insurance of Rs. 1000 to be paid at the end of specified term
of years or at death, if it should occur sooner

OPTIONAL - II
Mathematics for
Commerce, Economics
and Business

Notes

MATHEMATICS

169

Insurance
OPTIONAL - II
Mathematics for
Commerce, Economics
and Business

The Endowment Insurance Policy (without profits)


Table-3 contd..
Annual Premiums for the Insurance of Rs. 1000 to be paid at the end of specified term
of years or at death, if it should occur sooner

Endowment Term
Notes

170

MATHEMATICS

Insurance
The Endowment Insurance Policy (with profits)
Table-4
Annual Premiums for the Insurance of Rs. 1000 to be paid at the end of specified term
of years or at death, if it should occur sooner

OPTIONAL - II
Mathematics for
Commerce, Economics
and Business

Notes

MATHEMATICS

171

Insurance
OPTIONAL - II
Mathematics for
Commerce, Economics
and Business

The Endowment Insurance Policy (with profits)


Table-4 contd..
Annual Premiums for the Insurance of Rs. 1000 to be paid at the end of specified term
of years or at death, if it should occur sooner

Notes

172

MATHEMATICS

Insurance
The Endowment Insurance Policy (with profits)
Table-4 contd..
Annual Premiums for the Insurance of Rs. 1000 to be paid at the end of specified term
of years or at death, if it should occur sooner

OPTIONAL - II
Mathematics for
Commerce, Economics
and Business

Notes

MATHEMATICS

173

Insurance
OPTIONAL - II
Mathematics for
Commerce, Economics
and Business

The Endowment Insurance Policy (with profits)


Table-4 contd..
Annual Premiums for the Insurance of Rs. 1000 to be paid at the end of specified term
of years or at death, if it should occur sooner

Notes

174

MATHEMATICS

Insurance
OPTIONAL - II
Mathematics for
Commerce, Economics
and Business

Notes

MATHEMATICS

175

Insurance
OPTIONAL - II

Annexure-C

Mathematics for
Commerce, Economics
and Business

Notes

176

MATHEMATICS

Insurance
Contd...
OPTIONAL
- II
Mathematics for
Commerce, Economics
and Business

Notes

MATHEMATICS

177

Insurance
OPTIONAL - II

Contd...

Mathematics for
Commerce, Economics
and Business

Notes

178

MATHEMATICS

Insurance
OPTIONAL
Contd...
- II
Mathematics for
Commerce, Economics
and Business

Notes

MATHEMATICS

179

Insurance
OPTIONAL - II

Concluded

Mathematics for
Commerce, Economics
and Business

Notes

180

MATHEMATICS

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