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Prepared By

Prepared By MAHENDRA S JAT PANIGAON Ph: Email:

MAHENDRA S JAT PANIGAON

Ph:

Email:

This is proposed to Proposer Details Name   Age 29 Plan Name 814-New Endowment Sum

This is proposed to

Proposer Details

Name

 

Age

29

Plan Name

814-New Endowment

Sum Assured

100000

Policy Term

25

Prem Paying Term

25

Double Accidental Benefit

yes

Term Rider

0

 

First Year Premium

 
 

Premium

GST(4.5%)

Payable Prem

YLY

4084

184

4268

HLY

2062

93

2155

QLY

1041

47

1088

MLY

347

16

363

 

2nd year onwards

 
 

Premium

GST(2.25%)

Payable Prem

YLY

4084

92

4176

HLY

2062

46

2108

QLY

1041

23

1064

MLY

347

8

355

Pay Rs.4176 every year for 25 yrs, and get a bulk amount of Rs.253000 at
Pay Rs.4176 every year for 25 yrs, and get a bulk amount of Rs.253000 at

Pay Rs.4176 every year for 25 yrs, and get a bulk amount of Rs.253000 at

Age:54

Year

Age

Premiu

Natural

Accidntl

Returns

Surrendr

Loan

m

2019

29

4268

104800

204800

0

0

0

2020

30

4176

109600

209600

0

0

0

2021

31

4176

114400

214400

0

5875

4700

2022

32

4176

119200

219200

0

11127

8901

2023

33

4176

124000

224000

0

13941

11152

2024

34

4176

128800

228800

0

16778

13422

2025

35

4176

133600

233600

0

19644

15715

2026

36

4176

138400

238400

0

23137

18509

2027

37

4176

143200

243200

0

26836

21468

2028

38

4176

148000

248000

0

30752

24601

2029

39

4176

152800

252800

0

34913

27930

2030

40

4176

157600

257600

0

38950

31160

2031

41

4176

162400

262400

0

43185

34548

2032

42

4176

167200

267200

0

47641

38112

2033

43

4176

173000

273000

0

52533

42026

2034

44

4176

178300

278300

0

57608

46086

2035

45

4176

183600

283600

0

62998

50398

2036

46

4176

188900

288900

0

68737

54989

2037

47

4176

194200

294200

0

74868

59894

2038

48

4176

200000

300000

0

81563

65250

2039

49

4176

205800

305800

0

88805

71044

2040

50

4176

213600

313600

0

97157

77725

2041

51

4176

225400

325400

0

107419

85935

2042

52

4176

238200

338200

0

119867

95893

2043

53

4176

253000

353000

0

127574

102059

2044

54

0

0

0

253000

0

0

0

0

104492

0

0

253000

0

0

You have to pay the premium for 25 yrs (from Age:29 - Age:53)If you take the payment mode as yly then you have to pay Rs.4268 for

If you take the payment mode as yly then you have to pay Rs.4268 for the first year,from 2nd year onwards Rs.4176You have to pay the premium for 25 yrs (from Age:29 - Age:53) Totally you will

Totally you will pay Rs.104492pay Rs.4268 for the first year,from 2nd year onwards Rs.4176 At Age-54 you will receive Rs.253000

At Age-54 you will receive Rs.2530002nd year onwards Rs.4176 Totally you will pay Rs.104492 Natural Risk Cover is Rs.104800-Rs.253000 as shown

Natural Risk Cover is Rs.104800-Rs.253000 as shown in the

above tableNatural Risk Cover is Rs.104800-Rs.253000 as shown in the For example In case of Natural Death

For example

In case of Natural Death at Age-34, Nominee will receive

Rs.128800

Accidental Risk Cover is Rs.204800-Rs.353000 as shown in the

above tableAccidental Risk Cover is Rs.204800-Rs.353000 as shown in the For example In case of Accidental Death

For example

In case of Accidental Death at Age-34, Nominee will receive

Rs.228800

If you close the policy you will receive the amount as shown in the

For example

above table under Surrender Columnyou will receive the amount as shown in the For example if you close at Age-36,

if you close at Age-36, you will receive Rs.23137

You can take the loan as shown in the above table under Loan

ColumnYou can take the loan as shown in the above table under Loan For example at

For example

at Age-36, you can take a loan of Rs.18509

Medical Report: Not ApplicableYou can take the loan as shown in the above table under Loan Column For example

Disclaimer : The Benefits shown in this presentation are as per the 8% Benefit illustration of LIC of India, Actual values may vary, depends on the corporation profits and experience