What is the maturity claim amount?

Posted by: Pdfprep Category: GLO_CWM_LVL_1 Tags: , ,

A money back policy for SA of Rs. 100000/-. Matured after 25 years. Survival benefits of 15% each has been paid at the end of 5th, 10th, 15th, and 20th years. Bonus has accrued at Rs. 965/- per Rs. 1000 SA. Interim bonus @ Rs. 25/- per thousand SA is payable.

What is the maturity claim amount?

A. 139000

B. 136500

C. 99000

D. 96500

Answer: A