Page 162 - Misc Ebook IC 78
P. 162

The Insurance Times

Q1.a) Draw out a benefit chart assuming the sum
        insured to be Rs 2,00,000.

Ans. The following table shows the benefits chart of a policy
         whose sum insured is Rs.2,00,000.

Contingencies          Amount of compensation
                       payable

a) Death               (a) Rs.2,00,000 (100% of

                       Capital Sum Insured)

b) Loss of 2 limbs or  (b) Rs,2,00,000 (100 %

2 eyes or 1 limb       capital sum insured)

and 1 eye.

c) loss of 1 limb or 1 eye (c) Rs. 1,00,000 (50%

                       capital sum insured)

d) permanent total     (d) Rs,2,00,000 (100 %

disablement            capital sum insured)

e) permanent partial   (e) Percentage as shown in

disablement            the table in the policy

f) temporary total     (f) weekly payment of Rs.

disablement            2000 (1% of Capi tal

                       sum insured) up to maximum

                       of 100 weeks. The limit of

                       the weekly payment is

                       restricted upto maximum

                       Rs.3000.

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