Posted by: Pdfprep
Post Date: January 24, 2021
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