Download - Narendra Dubal - 815

Mr Narendra Narayan Dubal

Deepali Deepak Sawant

Insurance Advisor

Mobile-9762340061/9975698437, [email protected]

Flat No 201, Palmyra Complex, Nheru Nagar, Pimpri Pune-411018

The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the

proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.


Insurance Advisor



Date: 08/12/2014Age: 32Name: Mr Narendra Narayan Dubal

Plan 815: New Jeevan Anand

Introduction:

It has been decided to introduce LIC's New Jeevan Anand, a With-Profits Assurance plan (Plan

No.815) with effect from 8'h January, 2014.This is a combination of Endowment and Whole life

Assurance plan, wherein the premium is paid

regularly during the selected policy term. The benefits and other details of the plan are given below.

Features

Benefits:

(a) Death Benefit: On death during the Policy Term (which is same as premium paying term): The

Death Benefit. defined as sum of "Sum Assured on Death", vested Simple Reversionary Bonuses and

Final Additional bonus, if any, shall be payable, where "Sum Assured on Death" is higher of 125% of

Basic Sum Assured or 10 times of annualized premium. This death benefit (as defined above) shall not

be less than 105% of total premiums paid as on date of death.

(b) Benefit on Maturity: On survival to the end of the Policy Term, Basic Sum Assured along with vested

simple reversionary bonuses and Final (Additional) bonus, if any, shall be payable.

Eligibility Conditions and Restrictions;

a)Minimum age at entry : 18 years (completed)

b)Maximum age at entry : 50 years (nearest birthday)

C)Maximum age at maturity : 75 years (nearest birthday)

d)Minimum policy term : 15 years

e)Maximum policy term : 35 years

f)Minimum Basic Sum Assured : Rs.1,00,000/-

g)Maximum Basic Sum Assured : No limit.

The Basic Sum Assured shall be in multiples of Rs. 5,000/-.

Age at entry for the Policyholder is to be taken as age nearest birthday except for the minimum age at

entry i.e.18 years (completed).

Mode of Premium Payment: The modes of premium payment allowable during the policy term are

Yearly, Half Yearly. Quarterly, and Monthly (ECS only or through salary deductions).

Loan:

Loan facility is available under this plan after payment of premiums for atleast 3 full years

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Insurance Advisor




Presentation Details

Plan Term /

PPT

Sum

Assured

Mode Maturity

Amount

Maturity

Year

Bonus *Premium Total

Prem's Paid

Plan Name

New Jeevan Anand815 25/25 500000 48 5836801974 13250002039Mly

Total : 500000 5836801974

Note: The above Statements are based on certain assumptions, which are liable to change according to Government / Corporation's Policies.

* Rider Premiums are included in Premium.

* NI is number of installments.

The FAB for Plan 815/25/25 is Rs. 450

indicates Existing Policies.►

Rider Details

PPT Rider Name Rider Sum RiderTerm

RiderPremium

Total Prem'sPaid

Plan Term

Double Accident Benefit 500000 25 42 12600815 25 25

Total : 42 12600

Agents Copy

Sr.

No.

DOC Pn / Tm /

PPT

Sum

Assured

Mode

Yearly Quaterly Mly(ECS) SSS Per Day

No of

Inst.SingleHalf Yearly

1 08/12/2014 815/25/25 500000 23196 11720 5921 1974 1974 63.55 00

23196 11720 5921 1974 1974 64

1. '^' : - Premiums indicated are inclusive of service tax.

2. '*' : - Assuming LIC will declare the above mentioned bonus rates for the year ended 31-Mar-2014

3. '**' : - Daily premium is for indicative purpose only. Formula used - (Yearly Premium/365).

When your work speaks for itself, don't interrupt




Insurance Advisor




Investment CASH FLOWTax Slab: 10%

Nobody Plans to Fail

They Just Fail to Plan

Normal

Lifecover

Accident

Lifecover

Year Age Annual

Premium

Tax

Saved

Net

Premium

Returns

from LIC

Net Returns Total Loan

Available

Surrender

Value

32 649000 1149000 23688 2298 21390 0 0 002014

33 673000 1173000 23333 2298 21035 0 0 002015

34 697000 1197000 23333 2298 21035 0 0 11550144372016

35 721000 1221000 23333 2298 21035 0 0 27992349902017

36 745000 1245000 23333 2298 21035 0 0 48607607592018

37 769000 1269000 23333 2298 21035 0 0 60884761052019

38 793000 1293000 23333 2298 21035 0 0 73257915712020

39 817000 1317000 23333 2298 21035 0 0 857481071852021

40 841000 1341000 23333 2298 21035 0 0 1010321262902022

41 865000 1365000 23333 2298 21035 0 0 1172591465732023

42 889000 1389000 23333 2298 21035 0 0 1394271742842024

43 913000 1413000 23333 2298 21035 0 0 1643522054402025

44 937000 1437000 23333 2298 21035 0 0 1922312402892026

45 961000 1461000 23333 2298 21035 0 0 2233912792392027

46 995000 1495000 23333 2298 21035 0 0 2582463228072028

47 1021500 1521500 23333 2298 21035 0 0 2970903713632029

48 1048000 1548000 23333 2298 21035 0 0 3358824198532030

49 1074500 1574500 23333 2298 21035 0 0 3793594741992031

50 1106000 1606000 23333 2298 21035 0 0 4283945354932032

51 1140000 1640000 23333 2298 21035 0 0 4838316047882033

52 1179000 1679000 23333 2298 21035 0 0 5468776835962034

53 1228000 1728000 23333 2298 21035 0 0 6228797785982035

54 1302000 1802000 23333 2298 21035 0 0 7081068851322036

55 1376000 1876000 23333 2298 21035 0 0 80396310049532037

56 1450000 1950000 23333 2298 21035 0 0 91173511396692038

57 500000 500000 0 0 0 1325000 1325000 1318001647502039

58 500000 500000 0 0 0 0 0 1376001720002040

59 500000 500000 0 0 0 0 0 1434801793502041

60 500000 500000 0 0 0 0 0 1494401868002042

61 500000 500000 0 0 0 0 0 1555201944002043

62 500000 500000 0 0 0 0 0 1616002020002044

63 500000 500000 0 0 0 0 0 1677602097002045

64 500000 500000 0 0 0 0 0 1739602174502046

65 500000 500000 0 0 0 0 0 1801202251502047

66 500000 500000 0 0 0 0 0 1864802331002048

67 500000 500000 0 0 0 0 0 1927202409002049

68 500000 500000 0 0 0 0 0 1989602487002050

69 500000 500000 0 0 0 0 0 2052002565002051

70 500000 500000 0 0 0 0 0 2114002642502052

71 500000 500000 0 0 0 0 0 2175602719502053

72 500000 500000 0 0 0 0 0 2236802796002054

73 500000 500000 0 0 0 0 0 2297202871502055

74 500000 500000 0 0 0 0 0 2356802946002056

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Insurance Advisor




75 500000 500000 0 0 0 0 0 2415203019002057

76 500000 500000 0 0 0 0 0 2472803091002058

77 500000 500000 0 0 0 0 0 2529603162002059

78 500000 500000 0 0 0 0 0 2584803231002060

79 500000 500000 0 0 0 0 0 2639203299002061

80 500000 500000 0 0 0 0 0 2692003365002062

81 500000 500000 0 0 0 0 0 2743203429002063

82 500000 500000 0 0 0 0 0 2793203491502064

83 500000 500000 0 0 0 0 0 2841603552002065

84 500000 500000 0 0 0 0 0 2888403610502066

85 500000 500000 0 0 0 0 0 2934003667502067

86 500000 500000 0 0 0 0 0 2977603722002068

87 500000 500000 0 0 0 0 0 3020003775002069

88 500000 500000 0 0 0 0 0 3060803826002070

89 500000 500000 0 0 0 0 0 3101603877002071

90 500000 500000 0 0 0 0 0 3140803926002072

91 500000 500000 0 0 0 0 0 3180803976002073

92 500000 500000 0 0 0 0 0 3220404025502074

93 500000 500000 0 0 0 0 0 3261204076502075

94 500000 500000 0 0 0 0 0 3313204141502076

95 500000 500000 0 0 0 0 0 3358804198502077

96 500000 500000 0 0 0 0 0 3445204306502078

97 500000 500000 0 0 0 0 0 3529604412002079

98 500000 500000 0 0 0 0 0 3724004655002080

99 500000 500000 0 0 0 0 0 3760004700002081

100 500000 500000 0 0 0 500000 500000 002082

Total 583680 57450 526230 1825000 1825000

Note: (1) The above Statements are based on certain assumptions, which are liable to change according to Government / Corporation's Policies.

Calculation includes Bonus and Final Additional Bonus as per present Rates.

(2) * Available Total Money.

(3) we are showing annual returns. in case of payment in arrears, half yearly installmant starts 6 months after maturity and yearly installment

starts 1 year after maturity. in case of payment in advance, yearly and half yearly installments starts immediately from maturity date.

(4) Please refer circular no: Actl / 2015 / 4 for details about settlement options.

(*) The above illustration gives an effective yield of 6.69% with tax benefit.

(*) The above illustration gives an effective yield of 6.05% without tax benefit.

The greatest failure is the failure to try




Insurance Advisor




Breakup of Returns

Sum Assured & Survival's 500000

Bonus 600000

Final Additional Bonus 225000

37.74%

SumAssured

45.28%

Bonus

16.98%

FAB

People are lonely they build walls instead of bridges

