Mode and High S.A. Rebates:

6. Mode and High S.A. Rebates:
Mode Rebate:

Yearly mode                            -    2% of Tabular Premium
Half-yearly mode                     -   1% of the Tabular premium
Quarterly & Salary deduction   -     NIL

Sum Assured Rebate:

Single Premium:

             Sum Assured                         Rebate (Rs.)

            1,00,000 to 1,95,000               Nil

            2,00,000 to 4,95,000               4.00 %o S.A.

            5,00,000 and above                6.00 %o S.A.

     Regular Premium:

             Sum Assured                         Rebate (Rs.)

            1,00,000 to 1,95,000               Nil
            2,00,000 to 4,95,000               2.00 %o S.A.
            5,00,000 and above                3.00 %o S.A.