Revenue Account of Life Insurance Corporation of India (1950 to 1959) | ||||||||||
(Rs. in Lakh) | ||||||||||
Particulars | ||||||||||
Income | ||||||||||
Premiums for Life Insurance and Annuities. | ||||||||||
Premiums for Life Insurance and Annuities Single (including consideration for annuities granted) | ||||||||||
First year`s Renewal | ||||||||||
First year`s | ||||||||||
Renewal | ||||||||||
Net Interest, Dividends and Rents (1) | ||||||||||
Other receipts | ||||||||||
Total | ||||||||||
Outgo | ||||||||||
Claims by death | ||||||||||
Claims by survivance | ||||||||||
Surrenders including Bonuses in cash and in reduction of Premiums | ||||||||||
Annuities and Pensions | ||||||||||
Transfer to share holders Accounts and Dividends. | ||||||||||
Surrenders including Bonuses in reduction of Premiums | ||||||||||
Annuities less re-insurances | ||||||||||
Bonuses in cash | ||||||||||
Transfer of reserves | ||||||||||
Expenses of management- | ||||||||||
Depreciation, transfer to Investment, fluctuation accounts, etc. | ||||||||||
Commission to Insurance agents | ||||||||||
Other Expenses | ||||||||||
Indian Dominion and Foreign taxes | ||||||||||
Miscellaneous | ||||||||||
Increase to Life Insurance Fund | ||||||||||
Total |