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Current Sal * number of working years !!!
by Viraf on Jan 11, 2005 02:57 PM | Hide replies
By your calculations Term insurance for a healthy 25 year old retiring at 60 (Current Salary 3 lakhs p.a )will need insurance of 1.05 crores!!!
Are there any insurance companies providing that and if they do the premium would cost a bomb. somewhere close to 30k per year !!!
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