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GAMMA PROCESS Insurance Premium Quote

1. This document provides details of an insurance quote for group health insurance for M/s GAMMA PROCESS with 200 employees and no dependents. 2. The sum insured is Rs. 1 lakh per person. The recommended annual premium is Rs. 7.04 lakhs + GST. 3. The D.O. recommends waiving the one month and 1, 2, 3/4 year waiting period conditions.

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Gokul Ranghamannar
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37 views2 pages

GAMMA PROCESS Insurance Premium Quote

1. This document provides details of an insurance quote for group health insurance for M/s GAMMA PROCESS with 200 employees and no dependents. 2. The sum insured is Rs. 1 lakh per person. The recommended annual premium is Rs. 7.04 lakhs + GST. 3. The D.O. recommends waiving the one month and 1, 2, 3/4 year waiting period conditions.

Uploaded by

Gokul Ranghamannar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd

Name of Group : M/s GAMMA PROCESS

 
 D.O./BO 2. Fresh/Renewal of 3. Quote/Approval : 4. Policy Number & Period

710200 Fresh Quote required FRESH

5. Family size: EMPLOYEES ONLY 6. Employees No.-200 7. Dependents No.- nil 8. Total Lives- 200

9. TPA Name: 10. Sum Insured(per11. Broker/ Agent Name: [Link]/Commission:


PERSON)
Zeal Brokers 5%
1 LAKH

13. Other Business of Group and [Link] Premium -- [Link] Claims -- 16. ICR on Earned Premium: ---
ICR: NIL
FRESH

[Link] : 18. with 8%IBNR: 19. with 4%IBNR: 20. with NIL IBNR:

Rs.7.04 lakhs +GST

21. Premium Recommended by D.O. : RS. 7.04 lakhs +GST 22. DISCOUNT RECOMMENDED
BY DO: ____%

Tailormade Terms Expiring Terms Proposed Terms HO Remark


(If renewal)

23. Waiver 4.1,4.2,4.3 -- YES

24. Maternity Benefit: -- --

a)Baby Day one cover

b)Waiver of 9months
waiting period

25. Corporate Buffer -- --

[Link] wise Capping -- --

[Link] Restriction -- --

27. Co-pay/Excess -- ---


Other: 

D.O. Recommendation : We recommend premium for Rs.7.04 lakhs /- + GST. with waiver of One Month,
I,2,3/4 years waiting period condition. 

D.O. SIGNATURE.

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