JEEVAN UMANG WITH COMMUTATION

Life Time Guaranteed Tax Free Income Plan with Commutation Option

Plan Features:
i. This plan provides you the opportunity to confirm today itself the exact amount of Tax free income
required by you till age 100.
ii. No other plan in the world provides you the option of Guaranteed Tax Free Income for lifetime.
iii. If required, you have option to commute 50% of Tax free income at the end of selected term of
15/20/25/30 years.
iv. This plan also provides you increasing Death Benefit up to Age 100.
v. In case of emergency, you can even take Cash Value of Policy any time after tax free income starts.

Premiums and Benefits are as under:

Premium Paying
15 years 20 years 25 years 30 years
Term
Age Group 15 to 50 years 10 to 40 years 5 to 35 years 0 to 30 years
Tax Free Income Required 1,20,000 1,20,000 1,20,000 1,20,000
Yearly Premium with ADDB
1,19,000 80,000 59,000 46,000
rider and without GST
Total Premiums Paid 17,85,000 16,00,000 14,75,000 13,80,000
Maturity* at Age 100 for
1.76 Crores 1.75 Crores 1.73 Crores 1.74 Crores
age at Entry 30 years
Death Benefit*:
Natural Death Cover 15 lacs to 15 lacs to 15 lacs to 15 lacs to
up to Age 100 1.76 Crores 1.75 Crores 1.73 Crores 1.74 Crores
Accidental Death Cover Additional Additional Additional Additional
up to Age 70 15 lacs 15 lacs 15 lacs 15 lacs
Cash Value* after PPT for
Age at entry 30 years:
At age 60 39 lacs 39 lacs 39 lacs 40 lacs
At age 70 59 lacs 59 lacs 59 lacs 60 lacs
At age 80 85 lacs 85 lacs 84 lacs 85 lacs
Commutation Value* at
14.00 lacs 15.60 lacs 17.90 lacs 21.50 lacs
end of PPT ( Optional)
Tax Free Income one year
60,000 60,000 60,000 60,000
after Commutation

*Maturity Amount, Death Benefit, Cash Value and Commutation Value are as per Current Bonus rates and
FAB as per Benefit Illustration Scenario-2 i.e. Gross Investment Returns @8%.

Note: Maturity Amount, Death Benefit & Cash Value will reduce by 50% if commutation is opted.

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 JEEVAN UMANG WITH COMMUTATION
Combination Details
SNo Date of Plan Name of Plan Term PPT Mode Sum Assured Accident Premium G.S.T. Bonus / Maturity
Commence Benefit G.A* Amount

1 17/09/2018 845 Jeevan Umang 70 25 Yly 7,50,000 7,50,000 29,509 1,328 50.0 86,96,250
2 17/09/2018 845 Jeevan Umang 70 25 Yly 7,50,000 7,50,000 29,509 1,328 50.0 86,96,250
Total 15,00,000 15,00,000 59,018 2,656 1,73,92,500

Annual Premium, Risk Cover & Loan Availability Table*

The below table shows the Annual Premium Paid, Risk Cover, Returns & Loan Availability at the end of each year. The Tax saved is
calculated @ 0.00%
Year Age Risk Cover Annual Tax Saved Nett. Returns From *Surrender *Total Loan
Premium Premium LIC Value Available
Normal Accident With GST
1 30 15,75,000 30,75,000 61,674 0 61,674 0 0 0
2 31 16,50,000 31,50,000 60,346 0 60,346 0 0 0
3 32 17,25,000 32,25,000 60,346 0 60,346 0 51,496 46,500
4 33 18,00,000 33,00,000 60,346 0 60,346 0 1,52,086 1,28,500
5 34 18,75,000 33,75,000 60,346 0 60,346 0 1,91,382 1,63,500
6 35 19,50,000 34,50,000 60,346 0 60,346 0 2,31,188 1,99,000
7 36 20,25,000 35,25,000 60,346 0 60,346 0 2,71,506 2,35,000
8 37 21,00,000 36,00,000 60,346 0 60,346 0 3,15,308 2,74,500
9 38 21,75,000 36,75,000 60,346 0 60,346 0 3,60,312 3,14,500
10 39 22,50,000 37,50,000 60,346 0 60,346 0 4,13,236 3,56,000
11 40 23,25,000 38,25,000 60,346 0 60,346 0 4,88,862 4,18,000
12 41 24,00,000 39,00,000 60,346 0 60,346 0 5,73,804 4,92,500
13 42 24,75,000 39,75,000 60,346 0 60,346 0 6,68,656 5,76,000
14 43 25,50,000 40,50,000 60,346 0 60,346 0 7,74,522 6,69,500
15 44 26,40,000 41,40,000 60,346 0 60,346 0 8,92,822 7,74,000
16 45 27,19,500 42,19,500 60,346 0 60,346 0 10,24,488 8,90,000
17 46 27,97,500 42,97,500 60,346 0 60,346 0 11,53,238 10,04,000
18 47 28,77,000 43,77,000 60,346 0 60,346 0 12,97,620 11,32,000
19 48 29,62,500 44,62,500 60,346 0 60,346 0 14,60,768 12,76,000
20 49 30,52,500 45,52,500 60,346 0 60,346 0 16,45,650 14,40,000
21 50 31,50,000 46,50,000 60,346 0 60,346 0 18,56,642 16,27,000
22 51 32,62,500 47,62,500 60,346 0 60,346 0 21,07,216 18,48,500
23 52 34,12,500 49,12,500 60,346 0 60,346 0 22,75,964 19,99,000
24 53 35,62,500 50,62,500 60,346 0 60,346 0 24,56,244 21,59,500
25 54 37,12,500 52,12,500 60,346 0 60,346 0 27,86,738 24,52,500
26 55 38,25,000 53,25,000 0 0 0 17,90,625 33,41,250 6,31,500
27 56 19,76,250 27,26,250 0 0 0 60,000 17,21,250 3,15,750
28 57 20,40,000 27,90,000 0 0 0 60,000 17,78,625 3,15,750
29 58 21,03,750 28,53,750 0 0 0 60,000 18,36,000 3,15,750
30 59 21,93,750 29,43,750 0 0 0 60,000 18,93,375 3,15,750
31 60 22,87,500 30,37,500 0 0 0 60,000 19,74,375 3,15,750
32 61 24,00,000 31,50,000 0 0 0 60,000 20,58,750 3,15,750
33 62 25,12,500 32,62,500 0 0 0 60,000 21,60,000 3,15,750
34 63 26,25,000 33,75,000 0 0 0 60,000 22,61,250 3,15,750
35 64 27,37,500 34,87,500 0 0 0 60,000 23,62,500 3,15,750
36 65 28,50,000 36,00,000 0 0 0 60,000 24,63,750 3,15,750
37 66 29,62,500 37,12,500 0 0 0 60,000 25,65,000 3,15,750
38 67 30,75,000 38,25,000 0 0 0 60,000 26,66,250 3,15,750
39 68 31,87,500 39,37,500 0 0 0 60,000 27,67,500 3,15,750
40 69 33,00,000 40,50,000 0 0 0 60,000 28,68,750 3,15,750
41 70 34,20,000 41,70,000 0 0 0 60,000 29,70,000 3,15,750

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 JEEVAN UMANG WITH COMMUTATION
Annual Premium, Risk Cover & Loan Availability Table*
The below table shows the Annual Premium Paid, Risk Cover, Returns & Loan Availability at the end of each year. The Tax saved is
calculated @ 0.00%
Year Age Risk Cover Annual Tax Saved Nett. Returns From *Surrender *Total Loan
Premium Premium LIC Value Available
Normal Accident With GST
42 71 35,43,750 35,43,750 0 0 0 60,000 30,78,000 3,15,750
43 72 36,67,500 36,67,500 0 0 0 60,000 31,89,375 3,15,750
44 73 38,06,250 38,06,250 0 0 0 60,000 33,00,750 3,15,750
45 74 39,45,000 39,45,000 0 0 0 60,000 34,25,625 3,15,750
46 75 40,83,750 40,83,750 0 0 0 60,000 35,50,500 3,15,750
47 76 42,37,500 42,37,500 0 0 0 60,000 36,75,375 3,15,750
48 77 43,91,250 43,91,250 0 0 0 60,000 38,13,750 3,15,750
49 78 45,52,500 45,52,500 0 0 0 60,000 39,52,125 3,15,750
50 79 47,13,750 47,13,750 0 0 0 60,000 40,97,250 3,15,750
51 80 48,82,500 48,82,500 0 0 0 60,000 42,42,375 3,15,750
52 81 50,58,750 50,58,750 0 0 0 60,000 43,94,250 3,15,750
53 82 52,42,500 52,42,500 0 0 0 60,000 45,52,875 3,15,750
54 83 54,26,250 54,26,250 0 0 0 60,000 47,18,250 3,15,750
55 84 56,17,500 56,17,500 0 0 0 60,000 48,83,625 3,15,750
56 85 58,08,750 58,08,750 0 0 0 60,000 50,55,750 3,15,750
57 86 60,07,500 60,07,500 0 0 0 60,000 52,27,875 3,15,750
58 87 62,06,250 62,06,250 0 0 0 60,000 54,06,750 3,15,750
59 88 64,05,000 64,05,000 0 0 0 60,000 55,85,625 3,15,750
60 89 66,11,250 66,11,250 0 0 0 60,000 57,64,500 3,15,750
61 90 68,17,500 68,17,500 0 0 0 60,000 59,50,125 3,15,750
62 91 70,31,250 70,31,250 0 0 0 60,000 61,35,750 3,15,750
63 92 72,37,500 72,37,500 0 0 0 60,000 63,28,125 3,15,750
64 93 74,51,250 74,51,250 0 0 0 60,000 65,13,750 3,15,750
65 94 76,65,000 76,65,000 0 0 0 60,000 67,06,125 3,15,750
66 95 78,71,250 78,71,250 0 0 0 60,000 68,98,500 3,15,750
67 96 80,85,000 80,85,000 0 0 0 60,000 70,84,125 3,15,750
68 97 82,91,250 82,91,250 0 0 0 60,000 72,76,500 3,15,750
69 98 84,97,500 84,97,500 0 0 0 60,000 74,62,125 3,15,750
70 99 86,96,250 86,96,250 0 0 0 60,000 76,47,750 3,15,750
71 100 0 0 0 0 0 86,96,250 0 0
Total 15,09,978 0 15,09,978 1,31,26,875
Premium includes G.S.T. 1st Year G.S.T. is 4.5% & thereafter 2.25%
*Liable to change as per government policy. This benefit illustration is for illustration purpose only, subject to payment of stipulated
premiums on the due dates. The objective of the illustration is that the client is able to appreciate the features of the product and the
flow of benefits in different circumstances with some level of quantification.
*Surrender / Loan Value are calculated at the end of the policy year.

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