Harish Chand

LIFE INSURANCE CORPORATION OF INDIA

IRDA Authorised Insurance Advisor
PH. 09811896425, 09212201725
help@delhilicagent.com
www.delhiLICagent.com

Multi - Plan Chart

Date : 16/06/2011

Wonder-Plan Quotation
Quotation No

: Pankaj12

Chart Date

: 16/06/2011

Name

: Pankaj

Chart required upto

: 16/06/2031

Date of Birth

: 16/06/1984

I. T. Slab

: 33.99%

Sec.80 CCE Inv. Limit

: 27

: 9.00%

Loan Interest Rate

Sr.
No

Age

: 100000

Year

Plan/Tm/
Prem. Tm

Plan Name

2011

91/20/20

New Janaraksha Policy

Total :

Sum

M
d

400000

Interim
Bonus
Rate

42

Loan Re-Investment Rate

: 0.00%

Maturity/S.B. proceeds Re-invt. Rate

: 0.00%

Sec.80 CCE Tax Rebate

: 33.99%

Assu
Bonus
Rate

42

Assu
Step
Rate A/c

Basic
Premium

0.00

400000

Installment
Premium

19706

19706

19706

19706

Annual
Premium

Mat
Date

19706

16/06/31

19706 p.a.

Rider Details
Sr.
No

Plan/Tm/
Prem. Tm

Rider Name

Year

2011

91/20/20

Double Accident Benefit

Total :

Rider
Sum

Rider
Term

Prem.
Term

Installment
Premium

Annual
Premium

Total
Premium Pd.

400000

20

20

400000

1. '*' : - Assuming LIC will declare the above mentioned bonus rates for the year ended 31-Mar-2011
2. '#' : - Assuming that bonus rate declared by LIC will increase/decrease per year by step rate mentioned above.
3. ** If premiums paid during the year for any policy exceeds 20% of Sum Assured then Maturity proceeds will be taxable and
eligible amount for section 80 CCE rebate will be restricted to 20% of Sum Assured.

The above statement is based on certain assumptions which are

liable to change according to Government/Corporation's policies.

Harish Chand
LIFE INSURANCE CORPORATION OF INDIA
IRDA Authorised Insurance Advisor
PH. 09811896425, 09212201725
help@delhilicagent.com
www.delhiLICagent.com

Multi - Plan Chart

Insurance Facts
Quotation No

: Pankaj12

Chart Date

16/06/2011

Name

: Pankaj

Chart required upto

16/06/2031

Date of Birth

: 16/06/1984

I. T. Slab

33.99%

Age

Risk Cover

: 27

Year

Age

Normal

Accident

Annual
Premium

Tax
Saved

Net
Premium

Returns
From L.I.C.

New Loan
Available

Total Loan
Available

2011

27

416800

816800

19706

6698

13008

2012

28

433600

833600

19706

6698

13008

2013

29

450400

850400

19706

6698

13008

14000

14000

2014

30

467200

867200

19706

6698

13008

14500

28500

2015

31

484000

884000

19706

6698

13008

12250

40750

2016

32

500800

900800

19706

6698

13008

13750

54500

2017

33

517600

917600

19706

6698

13008

15750

70250

2018

34

534400

934400

19706

6698

13008

17750

88000

2019

35

551200

951200

19706

6698

13008

20250

108250

2020

36

568000

968000

19706

6698

13008

23000

131250

2021

37

584800

984800

19706

6698

13008

25500

156750

2022

38

601600

1001600

19706

6698

13008

26000

182750

2023

39

618400

1018400

19706

6698

13008

29500

212250

2024

40

635200

1035200

19706

6698

13008

33000

245250

2025

41

660000

1060000

19706

6698

13008

37750

283000

2026

42

678800

1078800

19706

6698

13008

43250

326250

2027

43

697600

1097600

19706

6698

13008

52250

378500

2028

44

716400

1116400

19706

6698

13008

59250

437750

2029

45

739200

1139200

19706

6698

13008

66750

504500

2030

46

764000

1164000

19706

6698

13008

101500

606000

2031

47

764000

394120

133960

260160

764000

Total :

The above statement is based on certain assumptions which are

liable to change according to Government/Corporation's policies.

Harish Chand
LIFE INSURANCE CORPORATION OF INDIA
IRDA Authorised Insurance Advisor
PH. 09811896425, 09212201725
help@delhilicagent.com
www.delhiLICagent.com

Multi - Plan Chart

Summary of Proposed Insurance

Quotation No

: Pankaj12

Chart Date

: 16/06/2011

Name

: Pankaj

Chart required upto

: 16/06/2031

Date of Birth

: 16/06/1984

I. T. Slab

: 33.99%

Age

: 27

Maximum Risk Cover enjoyed (Normal)

Rs.

764000

Maximum Risk Cover enjoyed (Accidental)

Rs.

1164000

Total Premium paid

Rs.

394120

Rs.

133960

Net Premium paid

Rs.

260160

Proceeds from LIC by way of Maturity / Sur. Bens.

Rs.

764000

Tax Payable

Rs.

Net after tax Payable

Rs.

764000

Compounded Value of LIC proceeds @ 0.00 % by 2031

Rs.

764000

Additional Gain through Loan re-cycling @ 0.00 %

Rs.

Rs.

764000

Less : Tax saved on premium

Net in hand as on 2031

Yield on Investments 9.43 %

Assumptions
--> Premium payments will save tax.
--> Returns will not be Re-invested in Section 80 CCE schemes.
--> Gains on Returns Re-investments will not be taxed.
--> Gains on Loans Re-investments will not be taxed.

The above statement is based on certain assumptions which are

liable to change according to Government/Corporation's policies.