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Harish Chand

LIFE INSURANCE CORPORATION OF INDIA


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

Jeevan Anand
. . . . a life free of worries

09/04/2011
Illustration specially customized for Mr. Gopal Aged 28 Years.

Jeevan Anand is an innovative insurance product from Life Insurance Corporation of India,
which combines the benefits of an Endowment Policy and a Whole Life Policy.
Under this plan you pay premiums for a limited period. During the premium paying period
you are covered to the extent of the sum assured and the bonuses that vest on this
policy. After the premium term is over the sum assured together with accumulated
bonuses and final additional bonus (if any) become payable to you free of any income tax.
The highlight of this plan is that even after the maturity of the policy the coverage on your
life continues for your lifetime to the extent of the sum assured without the payment of
any further premiums.

General Terms of this Plan


Minimum Age At Entry

18 years completed

Maximum Age At Entry

65 years (Age Nearer Birthday)

Maximum Premium
Ceasing Age

75 years (Age Nearer Birthday)

Premium Paying Term

5 years to 57 years

Minimum Sum Assured

Rs. 1,00,000

Maximum Sum Assured

No Limit

Double Accident
Benefit

Exclusively available upto Rs.5,00,000 during the Premium


paying term and thereafter upto age 70. No additional
premium is required to be paid

Loans

Available after payment of 3 full years premiums

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

A Proposal Jeevan Anand for you


Sum Proposed

: Rs.500000

Premium Payable For

: 16 Years

Premium Payable

: Monthly

Basic Premium

: Rs.3197

Rider Premiums

: Rs.0

Total Premium

Assumed Bonus Rate

*
: 41

Step Rate

: Rs. 3197
#
:0

Sec.80 CCE Tax Rebate

: 33.99%

Interim Bonus Rate


Sec.80 CCE Inv. Limit

: 41

: Rs.100000

Insurance Facts
Risk Cover
Year

Age

Normal

Accident

Annual
Premium

Tax
Saved

Nett
Premium

Returns
From L.I.C.

New Loan
Available

Total Loan
Available
0

2011

28

520500

1020500

38364

13040

25324

2012

29

541000

1041000

38364

13040

25324

2013

30

561500

1061500

38364

13040

25324

34000

34000

2014

31

582000

1082000

38364

13040

25324

28750

62750

2015

32

602500

1102500

38364

13040

25324

25500

88250

2016

33

623000

1123000

38364

13040

25324

29250

117500

2017

34

643500

1143500

38364

13040

25324

33250

150750

2018

35

664000

1164000

38364

13040

25324

35000

185750

2019

36

684500

1184500

38364

13040

25324

39500

225250

2020

37

705000

1205000

38364

13040

25324

44750

270000

2021

38

725500

1225500

38364

13040

25324

51000

321000

2022

39

746000

1246000

38364

13040

25324

58250

379250

2023

40

766500

1266500

38364

13040

25324

70000

449250

2024

41

787000

1287000

38364

13040

25324

79500

528750

2025

42

817500

1317500

38364

13040

25324

90000

618750

2026

43

840500

1340500

38364

13040

25324

102250

721000

2027

44

500000

1000000

840500

76750

76750

2028

45

500000

1000000

4500

81250

2029

46

500000

1000000

4750

86000

2030

47

500000

1000000

4750

90750

2031

48

500000

1000000

5000

95750

2032

49

500000

1000000

5250

101000

2033

50

500000

1000000

5500

106500

2034

51

500000

1000000

5500

112000

2035

52

500000

1000000

5750

117750

2036

53

500000

1000000

4750

122500

2037

54

500000

1000000

7000

129500

2038

55

500000

1000000

6250

135750

2039

56

500000

1000000

6250

142000

2040

57

500000

1000000

6250

148250

2041

58

500000

1000000

6500

154750

2042

59

500000

1000000

6750

161500

2043

60

500000

1000000

6500

168000

2044

61

500000

1000000

7000

175000

2045

62

500000

1000000

6750

181750

2046

63

500000

1000000

7000

188750

2047

64

500000

1000000

7000

195750

2048

65

500000

1000000

7000

202750

2049

66

500000

1000000

7000

209750

2050

67

500000

1000000

7000

216750

2051

68

500000

1000000

7000

223750

2052

69

500000

1000000

7000

230750

2053

70

500000

500000

7000

237750

2054

71

500000

500000

7000

244750

2055

72

500000

500000

7000

251750

2056

73

500000

500000

6750

258500

2057

74

500000

500000

6750

265250

2058

75

500000

500000

6500

271750

2059

76

500000

500000

6500

278250

2060

77

500000

500000

6250

284500

2061

78

500000

500000

6250

290750

2062

79

500000

500000

6250

297000

2063

80

500000

500000

5750

302750

2064

81

500000

500000

5750

308500

2065

82

500000

500000

5750

314250

2066

83

500000

500000

5500

319750

2067

84

500000

500000

5250

325000

2068

85

500000

500000

5000

330000

2069

86

500000

500000

5000

335000

2070

87

500000

500000

4750

339750

2071

88

500000

500000

4500

344250

2072

89

500000

500000

4750

349000

2073

90

500000

500000

4250

353250

2074

91

500000

500000

4500

357750

2075

92

500000

500000

4500

362250

2076

93

500000

500000

4750

367000

2077

94

500000

500000

5750

372750

2078

95

500000

500000

5000

377750

2079

96

500000

500000

9750

387500

2080

97

500000

500000

9500

397000

2081

98

500000

500000

22000

419000

2082

99

500000

500000

15500

434500

2083

100

500000

500000

613824

208640

405184

840500

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

Benefits Summary*
Minimum Risk Cover (Normal)

Rs. 520500

Minimum Risk Cover (Accidental)

Rs. 1020500

Maximum Risk Cover (Normal)

Rs. 840500

Maximum Risk Cover (Accidental)

Rs. 1340500

Annual Tax Savings (Sec. 80 CCE)

Rs. 13040

Total Premium to be paid

Rs. 613824

Maturity Amount in 2027

Rs. 840500

Yield on Investment

8.14%

Free Risk Cover from 2027


onwards for Lifetime

Rs. 500000

Free additional accidental cover


from 2027 to 2053 ,when you
reach age of 70 yrs

Rs. 500000

1. '*' : - Assuming that 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.

The above statement is based on certain assumptions which are


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