#NRImoneyclinic #LifeInsurance #InsurancePremium
WHICH FACTORS DETERMINE YOUR LIFE INSURANCE PREMIUM ?
TYPE OF POLICY
Endowment Policy
Whole Of Life Plans
ULIP Plans
Term Plans
BENEFITS YOU CHOOSE
Higher The Sum Assured – Higher The Premium
POLICY ADD ON RIDERS
Accident Benefit
Waiver Of Benefit
Critical Illness Benefit
Permanent Total Disability Benefit
Income Benefits
Every Add On Cost More
AGE AT ENTRY & GENDER
Higher The Age Higher The Premium
Female Lives Get Lower Premium Than Males
TENURE OF INSURANCE POLICY
Longer The Tenure, Higher The Premium
SMOKER STATUS
Smokers Will Be Charged Hefty Extra
PRE EXISTING HEALTH ISSUES
Extra Charges For Pre Existing Health Issues
BENEFIT DISBURSAL METHOD
Lump Sum Payment Of Benefit- Higher Premium
Staggered Payment Of Benefit – Lesser Premium
To know more about our business and our business model please watch the below video
Our Website: www.nrimoneyclinic.com
Whatsapp: 00971 55 548 4472