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Date : May 21, 2008 Question Rate of premium under a particular section for example is Rs 2.25 per mille. What is the meaning of mille? Answer Per mille means per thousand. So incase you are talking of sum assured of Rs. 100000/- then the premium would be Rs. 225/- (2.25 mille is per thousand rate). This helps to tell you what would be your premium. |
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| 219 | An employee who was insured under group fidelity insurance for 5 lakh absconds with stock worth | ||
| 65 | Rate of premium under a particular section for example is Rs 2.25 per mille. What is the meanin | ||
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