New Endowment

(Plan No. - 814)

Illustration specially prepared for

Mr. Ramachandran
(age 22 years)

Benefits Illustration Summary

Ideal for Regular Savings & Life Cover

Moderate Premiums

LIFE COVER to the extent of Sum Assured + Bonus

+ Final Additional Bonus (as applicable)

On Maturity of the term, Sum Assured + Bonus +

Final Additional Bonus (as applicable) will be paid.

Can be easily aligned with your family objectives with

its wide choice of term.

Optional Benefit:

Sum Assured

Rs. 10,00,000

Term

25 years

Premium

Your Yearly premium under this

policy is Rs. 38,501. In 25 years
you will pay a total of Rs.
9,48,677.

Maturity Benefit
Year

Guaranteed

25

In this policy your life cover will

start at Rs. 10,48,000. By virtue
of bonus getting added every
year, your risk cover will grow to
Rs. 26,50,000 when your age will
be 47.

Liquidity

You have an option to surrender

the policy & receive the cash
value after payment of premiums
for 3 years. Alternately, you can
even avail of loan on this policy
once the policy has acquired
cash value.

Tax Saving

You can save a tax of Rs. 11,428

under Sec.80 CCE, against every
premium paid

Death and Disability Benefit Rider is available as an

optional rider by payment of additional premium

Premium paid are Tax Exempted u/s 80 C & the

16,50,000 26,50,000

Life Cover

Double Accident Benefit (DAB) - LICs Accidental

during the policy term.

10,00,000

Bonus Total

Maturity amount is Tax Free u/s 10 (10) (D)

Plan Parameters
Parameter

Min

Max

Age

55

Term

12

35

100000

No Limit

Sum Assured
Modes

Yly, Hly, Qly, Mly, SSS

Presented by

M KARUNANIDHI
Insurance Investment Consultant
No. 44, Lingappa Chetty Street,
Coimbatore 641 001
Tel: 0422 - 2476045, Cell: 98430 - 65776, 98431 - 65536
e-mail. karuna_lic@yahoo.co.in

This illustration contains guaranteed and non-guaranteed benefits.The

purpose of this illustration is solely to help you understand the projected
benefits that may be possible in future. The presenter in no manner is
promising or giving a guarantee about such projected benefits.The actual
benefits will depend upon the future performance of L.I.C. Of India with
respect to this product.

M KARUNANIDHI
Insurance Investment Consultant
No. 44, Lingappa Chetty Street,
Coimbatore 641 001
Tel: 0422 - 2476045, Cell: 98430 - 65776, 98431 - 65536
e-mail. karuna_lic@yahoo.co.in

New Endowment Plan Presentation for Mr. Ramachandran (age 22 years)

Forecast of Insurance Benefits

Risk Covered

Mode of Premium

Yearly

Installment Premium

38,501

Accident Cover

1000000

Date of Report

06/10/2014

Crit. Illness Cover

Term

25

Premium Waiver Benefit

Policy
Year

Age

Risk Cover
(Natural Death)

Premium

Tax
Saved

Net
Premium

Returns From
LIC

Net Cash Flow

Cash
Value

Loan
Available

23

10,48,000

38,501
-

11,428

27,073

-38,501

24

10,96,000

37,924
-

11,428

26,496

-37,924

25

11,44,000

37,924
-

11,428

26,496

-37,924

59,280

53,250

26

11,92,000

37,924
-

11,428

26,496

-37,924

1,10,768

99,750

27

12,40,000

37,924
-

11,428

26,496

-37,924

1,42,012

1,27,750

28

12,88,000

37,924
-

11,428

26,496

-37,924

1,75,022

1,57,500

29

13,36,000

37,924
-

11,428

26,496

-37,924

2,09,971

1,89,000

30

13,84,000

37,924
-

11,428

26,496

-37,924

2,52,189

2,27,000

31

14,32,000

37,924
-

11,428

26,496

-37,924

2,98,099

2,68,250

10

32

14,80,000

37,924
-

11,428

26,496

-37,924

3,47,891

3,13,000

11

33

15,28,000

37,924
-

11,428

26,496

-37,924

4,01,954

3,61,750

12

34

15,76,000

37,924
-

11,428

26,496

-37,924

4,60,571

4,14,500

13

35

16,24,000

37,924
-

11,428

26,496

-37,924

5,24,038

4,71,750

14

36

16,72,000

37,924
-

11,428

26,496

-37,924

5,92,659

5,33,500

15

37

17,40,000

37,924
-

11,428

26,496

-37,924

6,67,033

6,00,250

16

38

17,93,000

37,924
-

11,428

26,496

-37,924

7,47,388

6,72,750

17

39

18,46,000

37,924
-

11,428

26,496

-37,924

8,28,049

7,45,250

18

40

18,99,000

37,924
-

11,428

26,496

-37,924

9,15,488

8,24,000

19

41

19,62,000

37,924

11,428

26,496

-37,924

10,10,948

9,09,750

20

42

20,30,000

37,924
-

11,428

26,496

-37,924

11,15,350

10,03,750

21

43

21,08,000

37,924
-

11,428

26,496

-37,924

12,30,391

11,07,250

22

44

22,06,000

37,924
-

11,428

26,496

-37,924

13,78,238

12,40,500

23

45

23,54,000

37,924
-

11,428

26,496

-37,924

15,66,778

14,10,000

24

46

25,02,000

37,924
-

11,428

26,496

-37,924

17,79,149

16,01,250

25

47

26,50,000

37,924
-

11,428

26,496

26,50,000

26,12,076

20,18,280

18,16,500

6,62,977

26,50,000

17,01,323

9,48,677
K e y

A s s u mp t i o n s

Personal Data: DOB: 06/10/1992

Income Tax:

Sec. 80C Limit Available: 100000

Tax Savings on premiums will be @ 30.60 % u/s 80C

Projections:

Bonus: Last declared reversionary bonus has been considered for the purpose of projected Riskcover and Returns.
Terminal Bonus: Last declared terminal bonus of their respective matching discontinued plans has also been considered.