Age of Insured Member

Coverage opted on Individual basis covering each member of the family separately  (at a single point in time)

Coverage opted on Individual basis covering multiple members of the family under a single policy (Sum Insured is available for each member of the family)

Coverage opted on family floater basis with overall Sum Insured (Only one Sum Insured is available for the entire family)

Premium (Rs.)

Sum Insured (Rs.)

Premium (Rs.)

Discount, if any

Premium after discount

Sum Insured (Rs.)

Premium or consolidated premium for all members of family (Rs.)

Floater Discount if any

Premium after discount (Rs.)

Sum Insured (Rs.)

69

2,856

5,00,000

2,856

0%

2,856

5,00,000

10,561

20%

8,449

5,00,000

65

2,856

5,00,000

2,856

0%

2,856

5,00,000

60

2,230

5,00,000

2,230

0%

2,230

5,00,000

42

902

5,00,000

902

0%

902

5,00,000

40

743

5,00,000

743

0%

743

5,00,000

21

487

5,00,000

487

0%

487

5,00,000

18

487

5,00,000

487

0%

487

5,00,000

Total Premium for all members of the family is Rs. 10,561, when each member is covered separately.

Total Premium for all members of the family is Rs. 10,561, when they are covered under a single policy.

Total Premium when policy is opted on floater basis is Rs. 8,449.

Sum Insured available for each individual is Rs. 5,00,000/-

Sum Insured available for each individual is Rs. 5,00,000/-

Sum Insured of Rs. 5,00,000 is available for the entire family.