| Renewal of UIIC Group Health Insurance Policy for Bank Retirees’ for the period 01.11.2018 to 31.10.2019 |
The renewal premium payable as per last year options and options for reduced basic insurance are given below under Option I, Option II, Option III & Option IV(a) & IV (b)
OPTION I
| RENEWAL WITHOUT DOMICILIARY COVER | CADRE (RETIREES) | SUM INSURED (RS.) | PREMIUM WITHOUT GST (RS) | GST @ 18 % (RS) | TOTAL PREMIUM (RS) |
| 1 | OFFICERS | 4,00,000 | 24400 (75%) | 4392 | 28792 |
| 2 | CLERKS | 3,00,000 | 18301 (75%) | 3294 | 21595 |
| 3 | SUB STAFF | 3,00,000 | 18301 (75%) | 3294 | 21595 |
| RENEWAL WITH DOMICILIARY COVER | CADRE (RETIREES) | SUM INSURED (RS.) | PREMIUM WITHout GST (RS) | GST @ 18 % (RS) | TOTAL PREMIUM (RS) |
| 1 | OFFICERS | 4,00,000 | 69808 (123%)
|
12565
|
82373 |
| 2 | CLERKS | 3,00,000 | 52359 (123%) | 9425 | 61784 |
| 3 | SUB STAFF | 3,00,000 | 52359 (123%) | 9425 | 61784 |
Premium Quote for Super Top-up Policy without OPD Cover for all retirees having
a base Policy with or without domiciliary cover :-
| RENEWAL WITHOUT DOMICILIARY COVER | CADRE (RETIREES) | TOP-UP
SUM INSURED (RS.) |
PREMIUM WITHOUT GST (RS) | GST @ 18 % (RS) | TOTAL PREMIUM (RS) |
| 1 | OFFICERS | 5,00,000 | 4279 | 770 | 5049 |
| 2 | CLERKS | 4,00,000 | 3947 | 710 | 4657 |
| 3 | SUB STAFF | 4,00,000 | 3947 | 710 | 4657 |
Threshold i.e. the sum insured under the main policy after which Super Top up Policy will trigger
OPTION II
| RENEWAL WITHOUT DOMICILIARY COVER | CADRE (RETIREES) | SUM INSURED (RS.) | PREMIUM WITHOUT GST (RS) | GST @ 18 % (RS) | TOTAL PREMIUM (RS) |
| 1 | OFFICERS | 3,00,000 | 23513 | 4232 | 27745 |
| 2 | CLERKS | 2,00,000 | 17220 | 3100 | 20320 |
| 3 | SUB STAFF | 2,00,000 | 17220 | 3100 | 20320 |
| RENEWAL WITH DOMICILIARY COVER | CADRE (RETIREES) | SUM INSURED (RS.) | PREMIUM WITHout GST (RS) | GST @ 18 % (RS) | TOTAL PREMIUM (RS) |
| 1 | OFFICERS | 3,00,000 | 66302 | 11934 | 78236 |
| 2 | CLERKS | 2,00,000 | 48853 | 8794 | 57647 |
| 3 | SUB STAFF | 2,00,000 | 48853 | 8794 | 57647 |
Premium Quote for Super Top-up Policy without OPD Cover for all retirees having
a base Policy with or without domiciliary cover :-
OPTION III
| RENEWAL WITHOUT DOMICILIARY COVER | CADRE (RETIREES) | TOP-UP
SUM INSURED (RS.) |
PREMIUM WITHOUT GST (RS) | GST @ 18 % (RS) | TOTAL PREMIUM (RS) |
| Threshold limit Rs.3 lakh | OFFICERS | 5,00,000 | 6419 | 1155 | 7574 |
| Threshold limit Rs.2 lakh |
CLERKS | 4,00,000 | 5921 | 1066 | 6986 |
| Threshold limit Rs.2 lakh | SUB STAFF | 4,00,000 | 5921 | 1066 | 6986 |
OPTION IV( a)
| RENEWAL WITH DOMICILIARY COVER | CADRE (RETIREES) | SUM INSURED (RS.) | PREMIUM WITHout GST (RS) | GST @ 18 % (RS) | TOTAL PREMIUM (RS) |
| (with domiciallry limit Rs.30000/- | OFFICERS | 4,00,000 | 64921 | 11686 | 76607 |
| (with domiciallry limit Rs.20000/ | CLERKS | 3,00,000 | 48694
|
8765 | 57459 |
| (with domiciallry limit Rs.20000/) | SUB STAFF | 3,00,000 | 48694 | 8765 | 57459 |
OPTION IV(b)
| RENEWAL WITH DOMICILIARY COVER | CADRE (RETIREES) | SUM INSURED (RS.) | PREMIUM WITHOUT GST (RS) | GST @ 18 % (RS) | TOTAL PREMIUM (RS) |
| (with domiciallry limit Rs.30000/- | OFFICERS | 3,00,000 | 64661 | 11099 | 72760 |
| (with domiciallry limit Rs.20000/ | CLERKS | 2,00,000 | 45433
|
8178 | 53611 |
| (with domiciallry limit Rs.20000/) | SUB STAFF | 2,00,000 | 45433 | 8178 | 53611 |
Room rent applicable for options (i), (ii), (iii) & iv(a )/iv(b) is Rs.4000 per day
Related article:Views: Revised premium for iba group medical insurance scheme for retirees-2018-19
The Sustainable Development Goals (SDGs), also known as the Global Goals, were adopted by the…
Global issues are problems of economic, environmental, social, and political concerns that affect the entire…
Sustainable development or 'Sustainability for development' refers to the development that is done without damaging…
The Reserve Bank of India today, in its circular informed that during the onsite examination…
Priority Sector lending (PSL) means bank lending to those sectors that the Government of India…
The World Bank was established in 1944 in the name of the International Bank for…