Mr Rajesh Chaudhary Life Insurance Corporation of India Every day we wake up to the fact that more than 170 million lives are part of our family called LIC. We are humbled by the magnitude of the responsibility we carry and realize that the lives that are associated with us are very valuable indeed. Although this journey started five decades ago, we are still conscious of the fact that, while insurance may be a business for us, being part of millions of lives every day for the past 55 years has been a process called TRUST. 55 Years Of Trust Thy Name Is LIC Our Mission & Vision Mission: Explore & Enhance the quality of life of people through financial security by providing products and services of aspired attributes with competitive returns, and by rendering resources for economic development Vision: A Trans-Nationally competitive financial conglomerate of significance to societies and pride of India INSURANCE PRESENTATION
Plan 149: Jeevan Anand Jeevan Anand is a plan introduced from 1st February, 2002. This plan is a combination of the Whole life plan and the most popular Endowment Assurance Plan.The plan provides the pre-decided Sum Assured and Bonuses at the end of the stipulated premium paying term,but the risk cover on the life continues till death. The premium is paid till the premium paying term or till the death of the life assured, whichever is earlier. Features 1. Being a whole life cum endowment plan, the premium payment is limited to the selected term, but the risk cover continues till death of the life assured. 2. Maturity Benefit : At the end of Paying Term, Sum Assured plus Bonus is payable with Final Additional Bonus if any. 3. Death Benefit : (A) If death occurs after the premium paying term an additional amount equal to Sum Assured is payable & no Bonus is payable. (B) If death occurs before the Paying Term, Sum Assured plus accumulated Bonus is payable. 4. Double Accident Benefit :- On death due to accident extra sum assured would be payable. 5. Permanent Disablity Benefit :- In case of disablity due to accident following would be payable. * Future premiums are waived. * Annuity for next 10 years = SA / 120. payable monthly. * Insurance cover continues and maturity would be payable after completion of term. 6. Bonuses: Simple Reversionary Bonus accrues during the PPT and is payable at the end of the PPT or on earlier death along with Final Additional Bonus, if any. No Bonus is paid on death after the PPT. 7. This policy provides for a built-in DAB (without paying any additional premium), during the PPT and then up to age 70 yrs of age of the LA. The maximum Accident Benefit allowed under this plan is Rs. 5 lacs (exclusive limit) 8. Critical Illness Rider Benefit is available. Covering Heart Attack, Stroke, Cancer, Kidney Failure, Major Organ Transplant, Paralysis, 3rd Degree Burns, Blindness, Coronary Artery By-Pass Surgery Heart Valve Replacement or Repair, Aorta Graft Surgery. This benefit is available at extra cost. 9. Loan can be taken against this policy. 10. Backdating of policy is allowed. 11. Housing loan can be taken against this policy. 12. Policy can be surrendered for its paid-up value after a period of 3 years. Having the right to do it, does not mean it is right to do it.
Plan 165: Jeevan Saral Jeevan saral is a unique plan having good features of the conventional plans and the fexibility of a unit-linked plans. To the policy holder it provides :- * higher cover * a smooth return * liquidity * a lot of flexibility Under this product death cover will be same irrespective of age at entry and term but the sum payable at maturity will differ for different entry ages and terms. This plan is more approprite for employees particularly seeking life cover through a salary savings scheme. Persons who want short term insurance but are not willing to pay more premiums. Students going abroad for further studies. Features 1. Maturity Benefit: 1) Maturity Sum Assured Plus 2) Loyalty addition 2. Death Benefit: 1) 250 times the monthly premium plus 2) Return of premiums excluding first year and extra premiums plus 3) Loyalty addition 3. Only term assurance plan allowed to minors. 4. Extended risk cover of 1year (similar to table no 91) if 3 full years premiums are paid. 5. Double Accident Benefit :- On death due to accident extra sum assured would be payable. 6. Permanent Disablity Benefit :- In case of disablity due to accident following would be payable. * Future premiums are waived. * Annuity for next 10 years = SA / 120. payable monthly. * Insurance cover continues and maturity would be payable after completion of term. 7. Term Rider Benefit is available for extra risk cover on natural death. This benefit is available at extra cost. 8. Backdating of policy is allowed. 9. Policy Loan is available. 10. Policy can be surrendered after a period of 3 years. 11. The policy holder can choose a maximum term but can surrender at any time. 12. Partial surrender allowed after 3 years 13. Attractive exit options. All our dreams can t be translet into reality.. but they can act as a foundation stone for a glorious future.
Plan 159: Komal Jeevan Today, life is highly competitive. Education and settling in life entails high costs. Parents need, therefore,to make provision, in advance, for good education for their Children. Children also need financial support for entering business/career. L.I.C now introduces a new plan to take care of these needs - a Children s Money Back Assurance Plan, with payment of premium ceasing on policy anniversary immediately after the child attains 18 years of age.the plan, besides offering risk cover, also offers payment of Sum Assured in installments at age 18, 20, 22, 24 and Guaranteed and Loyalty additions at age 26.Children up to the age of 10 are eligible for this plan. Features 1. This is a Money Back type of policy with the PPT limited to the child age of 18 years. 2. This plan provides for a regular income flow equal to 20% of SA each on child attaining age 18 and 20 and 30% of SA on age attainment of 22 and 24. On maturity, the accrued GA and LA is given back. 3. Death Benefit : (A) If the policyholder (child) dies after commencement of the risk but before maturity, full S.A. together with G.A. @ 75/- per thousand S.A. + L.A., if any, is given to the nominee without deducting earlier installments paid. (B) If child dies before the policy risk commences, the policy gets cancelled & premiums paid ( excluding Waiver Benefit & Term Rider s) till then is refunded. 4. The risk starts on completion of 7 years or 2 years from date of commencement of policy, whichever is later, which is called as the Deferment Period 5. Wavier benefit available on payment of extra premium. Even the Term Rider benefit is available to the extent of 20% of the basic SA at extra premium. 6. Backdating of policy is allowed. 7. Policy can be surrendered for its paid-up value after a period of 3 years. 8. Yly/Hly/Qly/SSS modes are allowed. At the retirement age be rich or be poor Its totally depends upon ur today s decision. Plan now for tomorrow.
Plan 147: New Jeevan Suraksha-1 With increased longevity, man's retired life is nearly half of his actual life. And to ensure a pleasant life after retirement, provisions ought to be made when you are young. New Jeevan Suraksha - 1 is a plan that helps to do it. If you can make a small monthly contribution, which you can easily afford now you will build a substantial pension for yourself and for your family and you could be self dependent even after 55. So start building your pension benefits brick by brick. A small sacrifice today will result in greater family and old age pension benefits. Features 1. This is a with profit pension plan suitable for everyone who wants to provide regular financial security for their family. 2, Benifits during Deferment Period : If the policy holder dies during the premium paying term then s Paid till date with 5% p.a. compounding will be given to the nominee. 3. Benifits after Vesting/at Maturity : The National Cash Option togather with Reversionary Bonuses and Final Additional Bonuses, if any will be compulsorily converted into annity. 4. This policy does not mature and hence there is no maturity value. 5. The mode or frequency of pension payment can be selected from Yly/Hly/Qly/Mly/SSS. 6. Pension options are selectable. The options available are annuity for life, annuity certain for 5,10,15, 20 yrs and for life thereafter, annuity with return of purchase price, annuity for life increasing at a simple rate of 3% p.a., annuity for life with a provision for 50% of annuity to the spouse of the annuitant for life on death of the annuitant. 7. Pension with return of purchase price is the best suitable option. 8. Backdating of policy is allowed. 9. No medical examination is required for this plan. 10. Only standard age proof will be accepted. 11. Critical Illness Rider Benefit is available. 12. Term Rider Option is available at extra premium only for annual premium policies. Take risks: if you win, you will be happy; if you loose, you will be wise
Plan 802: Endowment Plus INTRODUCTION: It has been decided to introduce LIC s Endowment Plus (Plan No. 802) with effect from 20th September, 2010.This is a unit linked Endowment plan which offers investment-cum-insurance during the term of the policy. The policyholder can choose the level of cover within the limits, which will depend on mode and amount of premium he desires to pay. Features BENEFITS: A) Benefits payable on death: In case of death of the policyholder when the cover is in full force, the nominee shall be eligible to get higher of Sum Assured under the Basic Plan and the Policyholder s Fund Value as at the date of booking the liability. The liability shall be booked after receipt of intimation along with death certificate. Further, if partial withdrawal has been made during the last two years from the date of death the Sum Assured under the Basic plan shall be reduced to the extent of the amount of partial withdrawals made. B) Benefits payable on maturity: On the policyholder surviving the date of maturity an amount equal to the Policyholder s Fund value is payable. Eligibility Conditions : For Basic Plan a) Minimum Basic Sum Assured: Regular policies: (Policy Term +1) times the annualized premium. Single : For age at entry below 45 years : 1.25 times the single premium For age at entry 45 years and above: 1.10 times the single premium b) Maximum Basic Sum Assured: Regular policies: 30 times the annualized premium, if age at entry is upto 45 years 25 times the annualized premium, if age at entry is 46 to 60 years c) Minimum : Regular premium : Rs. [20,000] p.a.,for ECS mode: Rs. [1,750] p.m. : Single premium: Rs. [30,000] d) Maximum : Regular premium: Rs. [1,00,000] p.a.,single premium: No Limit. e) Minimum Entry Age : [7] last birthday f) Maximum Entry Age : [60] nearest birthday g) Policy Term : [10 to 20] years h) Minimum Maturity Age : [18] years completed i) Maximum Maturity Age : [70] years nearest birthday Other Options : 1) Accidental Benifit Rider Available. 2) Partial Whithdrawal Facility Available. 3) Critical Illness Benefit Rider Available. 4) Loan Facility Available. Success occurs when opportunity meets prepareation
Presentation Details Plan Plan Name Term / PPT Sum Assured Bonus Mode * Total Prem's Paid Maturity Year Maturity Amount 149 Jeevan Anand 21/21 100000 45 Yly 5345 112245 2032 199500 165 Jeevan Saral 25/25 250000 0 Yly 12010 229690 2036 1002913 159 Komal Jeevan 26/18 100000 75 Yly 7281 131058 2037 197000 147 New Jeevan Suraksha-1 30/30 665779 35 Yly 4995 149850 2041 0 802 Endowment Plus 15/15 400000 0 Yly 25000 375000 2026 720703 Total: 1515779 54631 997843 Note: The above Statements are based on certain assumptions, which are liable to change according to Government / Corporation's Policies. * Rider s are included in. * NI is number of installments. Agents Copy Sr. No. DOC Pn / Tm / PPT Sum Assured Mode Yearly Half Yearly Quaterly Monthly SSS Single Per Day No of Inst. 1 26/07/2011 149/21/21 100000 5345 2714 1378 482 459 0 14.64 0 2 26/07/2011 165/25/25 250000 12010 6065 3063 1021 1021 0 32.90 0 3 26/07/2011 159/26/18 100000 7281 3678 1858 650 619 73980 19.95 0 4 26/07/2011 147/30/30 665779 7675 1946 491 55 55 106877 21.03 0 5 26/07/2011 802/15/15 400000 25000 12500 6250 2083 0 500000 68.49 0 57311 26903 13040 4291 2154 680857 157.02 Back Dating Extra The following table shows the Back Dating Extra applicable for various plans in the presentation. If Plan is older just ignore the comments in the reason column. Proposal Date Plan BackDated DOC Back Dating Extra Reason 26/07/2011 802 26/07/2011 25000 0 26/07/2011 147 26/07/2011 4995 0 26/07/2011 159 26/07/2011 7281 0 26/07/2011 165 26/07/2011 12010 0 26/07/2011 149 26/07/2011 5345 0 There is no substitute for Life Insurance
Commission Sr. No. Plan / Term / PPT Mode Sum Assured 1st Year Commission 2nd / 3rd Year Commission Subsequent Year Comm 1st Year Bonus 1 149 / 21 / 21 Yly 100000 5345 1336 401 267 535 2 165 / 25 / 25 Yly 250000 12010 3003 901 601 1201 3 159 / 26 / 18 Yly 100000 7281 1820 546 364 728 4 147 / 30 / 30 Yly 665779 4995 375 100 100 0 5 802 / 15 / 15 Yly 400000 25000 1625 625 625 650 8159 2573 1957 3114 Happiness is a path, not a destination
Tax Slab: 30% Return's Spreadsheet Year Age Normal Lifecover Accident Lifecover Annual Tax Saved Net Returns from LIC Net Returns Surrender Value Total Loan Available 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 30 766776 1516776 54631 16390 38241 0-38241 0 0 31 795462 1545462 54631 16390 38241 0-38241 0 0 32 824302 1574302 54631 16390 38241 0-38241 46861 22288 33 853301 1603301 54631 16390 38241 0-38241 75592 68732 34 882464 1632464 54631 16390 38241 0-38241 104761 94696 35 912180 1662180 54631 16390 38241 0-38241 300398 119301 36 941763 1691763 54631 16390 38241 0-38241 370330 145798 37 1065776 1815776 54631 16390 38241 0-38241 451984 174346 38 1095940 1845940 54631 16390 38241 0-38241 529276 205129 39 1126294 1876294 54631 16390 38241 0-38241 613426 238652 40 1184637 1934637 53455 16037 37418 19329-18089 753562 318787 41 1260526 1956344 52867 15861 37006 11216-25790 854062 359099 42 1344813 1977418 52279 15684 36595 12938-23657 960946 400795 43 1433875 1997677 51691 15508 36183 14840-21343 1075443 444546 44 1529005 2017917 51103 15332 35771 16953-18818 1198230 490563 45 886403 1236403 25515 7655 17860 739753 721893 583994 313205 46 903373 1253373 24927 7479 17448 21304 3856 632338 333740 47 918529 1268529 24339 7302 17037 23735 6698 682225 354695 48 931538 1281538 16470 4942 11528 46344 34816 713540 374956 49 942524 1292524 15882 4766 11116 29155 18039 755712 394515 50 1010858 1360858 15882 4766 11116 20000 8884 832572 441705 51 960498 1310498 10537 3162 7375 199500 192125 719994 313270 52 1012566 1362566 10537 3162 7375 30000 22625 770469 343131 53 1067775 1417775 10537 3162 7375 0-7375 848820 375044 54 1126354 1476354 10537 3162 7375 30000 22625 911505 409578 55 644735 744735 4995 1499 3496 451338 447842 543385 27126 56 373072 473072 4995 1499 3496 197000 193504 411485 28377 57 391721 491721 4995 1499 3496 0-3496 445008 29655 58 411302 511302 4995 1499 3496 0-3496 480241 30960 59 431862 531862 4995 1499 3496 0-3496 517082 32283 60 765779 865779 0 0 0 50000 50000 37360 33624 61 765779 865779 0 0 0 50000 50000 38880 34992 62 765779 865779 0 0 0 50000 50000 40400 36360 63 765779 865779 0 0 0 50000 50000 41940 37746 64 765779 865779 0 0 0 50000 50000 43490 39141 65 765779 865779 0 0 0 50000 50000 45030 40527 66 765779 865779 0 0 0 50000 50000 46620 41958 67 765779 865779 0 0 0 50000 50000 48180 43362 68 765779 865779 0 0 0 50000 50000 49740 44766 69 765779 865779 0 0 0 50000 50000 51300 46170 70 765779 765779 0 0 0 50000 50000 52850 47565 71 765779 765779 0 0 0 50000 50000 54390 48951 72 765779 765779 0 0 0 50000 50000 55920 50328 73 765779 765779 0 0 0 50000 50000 57430 51687 74 765779 765779 0 0 0 50000 50000 58920 53028 Say yes to family security, say yes to Life Insurance
2056 2057 2058 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 2079 2080 2081 75 765779 765779 0 0 0 50000 50000 60380 54342 76 765779 765779 0 0 0 50000 50000 61820 55638 77 765779 765779 0 0 0 50000 50000 63240 56916 78 765779 765779 0 0 0 50000 50000 64620 58158 79 765779 765779 0 0 0 50000 50000 65980 59382 80 765779 765779 0 0 0 50000 50000 67300 60570 81 765779 765779 0 0 0 50000 50000 68580 61722 82 765779 765779 0 0 0 50000 50000 69830 62847 83 765779 765779 0 0 0 50000 50000 71040 63936 84 765779 765779 0 0 0 50000 50000 72210 64989 85 765779 765779 0 0 0 50000 50000 73350 66015 86 765779 765779 0 0 0 50000 50000 74440 66996 87 765779 765779 0 0 0 50000 50000 75500 67950 88 765779 765779 0 0 0 50000 50000 76520 68868 89 765779 765779 0 0 0 50000 50000 77540 69786 90 765779 765779 0 0 0 50000 50000 78520 70668 91 765779 765779 0 0 0 50000 50000 79520 71568 92 765779 765779 0 0 0 50000 50000 80510 72459 93 765779 765779 0 0 0 50000 50000 81530 73377 94 765779 765779 0 0 0 50000 50000 82830 74547 95 765779 765779 0 0 0 50000 50000 83970 75573 96 765779 765779 0 0 0 50000 50000 86130 77517 97 765779 765779 0 0 0 50000 50000 88240 79416 98 765779 765779 0 0 0 50000 50000 93100 83790 99 765779 765779 0 0 0 50000 50000 94000 84600 100 0 0 0 0 0 815779 815779 0 0 Total 997843 299373 698470 4679184 3980714 Note: (1) The above Statements are based on certain assumptions, which are liable to change according to Government / Corporation's Policies. Calculation includes Bonus and Final Additional Bonus as per present Rates. (2) * Available Total Money. (3) we are showing annual returns. in case of payment in arrears, half yearly installmant starts 6 months after maturity and yearly installment starts 1 year after maturity. in case of payment in advance, yearly and half yearly installments starts immediately from maturity date. (4) Please refer circular no: Actl / 2015 / 4 for details about settlement options. (*) The above illustration gives an effective yield of 10.33% with tax benefit. (*) The above illustration gives an effective yield of 7.55% without tax benefit. (*) In Jeevan Anand (plan 149), The Normal Riskcover of Sum Assured will continue for life time. The Accidental Riskcover of 2 times of Sum Assured will continue upto age 70. (*) In Jeevan Saral (plan 165), Partial surrender allowed after 3 years. Please see description for details. (*) In Plan 165, Loyalty Addition Is Also Given On Maturity depending upon experience of LIC. A man is at his tallest when he stoops to help a child
Discounted Value of Claims The following table shows the Discounted value of claims of all plans (except unit linked plans) used in the presentation. LIC gives you facility of taking maturity any time in last year before maturity date. The figures of 3 months before maturity, 6 months before maturity, 9 months before maturity & one year before maturity is shown in following table. Plan/ Tm/PPT Maturity Date Maturity Value 3 Months Before Mat 6 Months Before Mat 9 Months Before Mat 1 Year Before Mat 802/15/15 25000 26/07/2026 720703 702938 685605 668704 627222 147/30/30 4995 26/07/2041 0 0 0 0-4995 159/26/18 7281 26/07/2037 197000 192144 187406 182786 178281 165/25/25 12010 26/07/2036 1002913 978191 954071 930553 895606 149/21/21 5345 26/07/2032 199500 194582 189784 185106 175199 A hard thing about business is minding your own
Yield of RiskCover The following table calculates yield of riskcover for each year. Riskcover is considered as return for respective year. Number of premium is limited and handsome amount is payable so the yield becomes high. Yield for each year is shown in following table. Year Annual RiskCover Returns Yield 2011 54631 766776 0 1310.01 2012 54631 795462 0 1262.76 2013 54631 824302 0 229.58 2014 54631 853301 0 104.00 2015 54631 882464 0 61.46 2016 54631 912180 0 41.12 2017 54631 941763 0 29.51 2018 54631 1065776 0 24.67 2019 54631 1095940 0 19.27 2020 54631 1126294 0 15.41 2021 54631 1184637 19329 13.27 2022 54631 1260526 11216 11.76 2023 54631 1344813 12938 10.66 2024 54631 1433875 14840 9.82 2025 54631 1529005 16953 9.18 2026 29631 886403 739753 8.69 2027 29631 903373 21304 8.28 2028 29631 918529 23735 7.91 2029 22350 931538 46344 7.73 2030 22350 942524 29155 7.47 2031 22350 1010858 20000 7.46 2032 17005 960498 199500 7.67 2033 17005 1012566 30000 7.64 2034 17005 1067775 0 7.52 2035 17005 1126354 30000 7.50 2036 4995 644735 451338 7.19 2037 4995 373072 197000 6.86 2038 4995 391721 0 6.83 2039 4995 411302 0 6.80 2040 4995 431862 0 6.78 2041 0 765779 50000 7.43 2042 0 765779 50000 7.42 2043 0 765779 50000 7.41 2044 0 765779 50000 7.40 2045 0 765779 50000 7.39 2046 0 765779 50000 7.38 2047 0 765779 50000 7.38 2048 0 765779 50000 7.37 2049 0 765779 50000 7.37 the clearest mirror can not show the back
2050 0 765779 50000 7.36 2051 0 765779 50000 7.36 2052 0 765779 50000 7.35 2053 0 765779 50000 7.35 2054 0 765779 50000 7.34 2055 0 765779 50000 7.34 2056 0 765779 50000 7.34 2057 0 765779 50000 7.33 2058 0 765779 50000 7.33 2059 0 765779 50000 7.33 2060 0 765779 50000 7.32 2061 0 765779 50000 7.32 2062 0 765779 50000 7.32 2063 0 765779 50000 7.32 2064 0 765779 50000 7.32 2065 0 765779 50000 7.31 2066 0 765779 50000 7.31 2067 0 765779 50000 7.31 2068 0 765779 50000 7.31 2069 0 765779 50000 7.31 2070 0 765779 50000 7.31 2071 0 765779 50000 7.31 2072 0 765779 50000 7.31 2073 0 765779 50000 7.31 2074 0 765779 50000 7.30 2075 0 765779 50000 7.30 2076 0 765779 50000 7.30 2077 0 765779 50000 7.30 2078 0 765779 50000 7.30 2079 0 765779 50000 7.30 2080 0 765779 50000 7.30 2081 0 0 815779 7.30 Those who are at war with others are seldom with peace with themselves
Yield on Investment The following table shows the breakup of the annual premium; premium towards risk cover, premium towards riders and premium towards investments. The riskcover premium will be utilized to provide insurance riskcover. The riders premium will be utilized to provide rider benefits in this presentation. The invested premium is the actual part of the premium which is used for investment and gives returns during or at the end of the insurance period. The annual premium is the sum of riskcover premium, riders premium and premium used for investment. The annual premium with the respective breakup for each year is shown in the following table. Year Annual RiskCover Riders Invested Returns 2011 54631 5571 250 48810 0 2012 54631 5571 250 48810 0 2013 54631 5571 250 48810 0 2014 54631 5571 250 48810 0 2015 54631 5571 250 48810 0 2016 54631 5571 250 48810 0 2017 54631 5571 250 48810 0 2018 54631 5571 250 48810 0 2019 54631 5571 250 48810 0 2020 54631 5571 250 48810 0 2021 54631 5571 250 48810 19329 2022 54631 5571 250 48810 11216 2023 54631 5571 250 48810 12938 2024 54631 5571 250 48810 14840 2025 54631 5571 250 48810 16953 2026 29631 4447 250 24934 739753 2027 29631 4447 250 24934 21304 2028 29631 4447 250 24934 23735 2029 22350 4098 250 18002 46344 2030 22350 4098 250 18002 29155 2031 22350 4098 250 18002 20000 2032 17005 3764 250 12991 199500 2033 17005 3764 250 12991 30000 2034 17005 3764 250 12991 0 2035 17005 3764 250 12991 30000 2036 4995 2809 0 2186 451338 2037 4995 2809 0 2186 197000 2038 4995 2809 0 2186 0 2039 4995 2809 0 2186 0 2040 4995 2809 0 2186 0 2041 0 0 0 0 50000 2042 0 0 0 0 50000 2043 0 0 0 0 50000 2044 0 0 0 0 50000 2045 0 0 0 0 50000 2046 0 0 0 0 50000 The shortest way to do many things is to do one thing at a time
2047 0 0 0 0 50000 2048 0 0 0 0 50000 2049 0 0 0 0 50000 2050 0 0 0 0 50000 2051 0 0 0 0 50000 2052 0 0 0 0 50000 2053 0 0 0 0 50000 2054 0 0 0 0 50000 2055 0 0 0 0 50000 2056 0 0 0 0 50000 2057 0 0 0 0 50000 2058 0 0 0 0 50000 2059 0 0 0 0 50000 2060 0 0 0 0 50000 2061 0 0 0 0 50000 2062 0 0 0 0 50000 2063 0 0 0 0 50000 2064 0 0 0 0 50000 2065 0 0 0 0 50000 2066 0 0 0 0 50000 2067 0 0 0 0 50000 2068 0 0 0 0 50000 2069 0 0 0 0 50000 2070 0 0 0 0 50000 2071 0 0 0 0 50000 2072 0 0 0 0 50000 2073 0 0 0 0 50000 2074 0 0 0 0 50000 2075 0 0 0 0 50000 2076 0 0 0 0 50000 2077 0 0 0 0 50000 2078 0 0 0 0 50000 2079 0 0 0 0 50000 2080 0 0 0 0 50000 2081 0 0 0 0 815779 The effective yield of this presentation considering only invested premium is 8.19 Jo Parivaar Se Kare Pyar Woh, L.I.C. Se Kaise Kare Inkar
Advance Schedule Year Annual Adv. Prem ( 1 Year ) Adv. Prem ( 2 Years ) Adv. Prem ( 3 Years ) Adv. Prem ( 4 Years ) Adv. Prem ( 5 Years ) Adv. Prem ( 6 Years ) 2011 54631 54631 106660 156212 203405 248350 291154 2012 54631 54631 0 0 0 0 0 2013 54631 54631 106660 0 0 0 0 2014 54631 54631 0 156212 0 0 0 2015 54631 54631 106660 0 203405 0 0 2016 54631 54631 0 0 0 248350 0 2017 54631 54631 106660 156212 0 0 291154 2018 54631 54631 0 0 0 0 0 2019 54631 54631 106660 0 203405 0 0 2020 54631 54631 0 156212 0 0 0 2021 54631 54631 106660 0 0 248350 0 2022 54631 54631 0 0 0 0 0 2023 54631 54631 106660 156212 181809 0 229403 2024 54631 54631 0 0 0 0 0 2025 54631 54631 82851 0 0 0 0 2026 29631 29631 0 84727 0 122421 0 2027 29631 29631 57851 0 97430 0 0 2028 29631 29631 0 0 0 0 0 2029 22350 22350 43636 63908 0 0 105911 2030 22350 22350 0 0 0 0 0 2031 22350 22350 38545 0 68659 82649 0 2032 17005 17005 0 48624 0 0 0 2033 17005 17005 33200 0 0 0 0 2034 17005 17005 0 0 0 0 0 2035 17005 17005 21762 26293 30608 0 38631 2036 4995 4995 0 0 0 22707 0 2037 4995 4995 9752 0 0 0 0 2038 4995 4995 0 14283 0 0 0 2039 4995 4995 9752 0 9752 0 0 2040 4995 4995 0 0 0 0 0 Total: 1068403 1068403 1043973 1018897 998472 972827 956254 The above table shows facility of advance premiums. Client can pay premiums in 6 ways. Adv. ( 1 Year ) :- It indicates premiums of 1 year are paid in advance. For yearly mode it is 1 installments and for half yearly mode it is 2 installments. Adv. ( 2 Years ) :- It indicates premiums of 2 years are paid in advance. For yearly mode it is 2 installments and for half yearly mode it is 4 installments. Same is the case with other options. Adv. ( 6 Years ) is possible only for yearly mode. 1 present + 5 future yearly installments. What now is proved was once only imagined
Unit Table The figures in following Table are calculated making following assumptions. Fund Type:- Growth Fund. Current NAV:- 10.00. Growth Rate:- 10.00%. Bid Price = Current NAV. Mortality charges, Accident cover charges and expense charges are deducted from premium. These are recovered by selling equivalent amount of units in case of single premium. Year Annual Top Up NAV U n i t s Balanced Purchased Deducted Total Unit Value Surrender Partial Surrender 2011 25000 0 10.00 0.00 2194.39 0.00 2194.39 20627 0 0 2012 25000 0 10.90 2194.39 2069.45 0.00 4263.84 45476 0 0 2013 25000 0 11.88 4263.84 1896.36 0.00 6160.20 72183 0 0 2014 25000 0 12.95 6160.20 1736.84 0.00 7897.04 101767 0 0 2015 25000 0 14.12 7897.04 1589.74 0.00 9486.78 133953 0 0 2016 25000 0 15.39 9486.78 1487.83 0.00 10974.61 168899 0 0 2017 25000 0 16.78 10974.61 1360.90 0.00 12335.51 206990 0 0 2018 25000 0 18.30 12335.51 1244.02 0.00 13579.53 248505 0 0 2019 25000 0 19.95 13579.53 1137.19 0.00 14716.72 293599 0 0 2020 25000 0 21.75 14716.72 1039.08 0.00 15755.80 342689 0 0 2021 25000 0 23.71 15755.80 948.48 0.00 16704.28 396058 0 0 2022 25000 0 25.85 16704.28 865.62 0.00 17569.90 454182 0 0 2023 25000 0 28.18 17569.90 790.48 0.00 18360.38 517396 0 0 2024 25000 0 30.72 18360.38 721.58 0.00 19081.96 586198 0 0 2025 25000 0 33.49 19081.96 657.91 0.00 19739.87 661088 0 0 2026 0 0 36.51 19739.87 0.00 0.00 19739.87 720703 0 0 When you live in the past it costs you the present
Growth of Growth Fund under scenario 10.00% Year Age Annual Top Up Fund Value (Year Begin) Total Charges Fund Value (Year End) Cash Value Partial Surrender Death Benefit 2011 30 25000 0 21738 3056 20627 0 0 400000 2012 31 25000 0 43377 2443 45476 0 0 400000 2013 32 25000 0 68226 2471 72183 0 0 400000 2014 33 25000 0 95433 2508 101767 0 0 400000 2015 34 25000 0 125517 2553 133953 0 0 400000 2016 35 25000 0 158203 2102 168899 0 0 400000 2017 36 25000 0 193149 2164 206990 0 0 400000 2018 37 25000 0 231240 2234 248505 0 0 400000 2019 38 25000 0 272755 2313 293599 0 0 400000 2020 39 25000 0 317849 2400 342689 0 0 400000 2021 40 25000 0 366939 2512 396058 0 0 400000 2022 41 25000 0 420308 2624 454182 0 0 454182 2023 42 25000 0 478432 2724 517396 0 0 517396 2024 43 25000 0 541646 2833 586198 0 0 586198 2025 44 25000 0 610448 2967 661088 0 0 661088 2026 45 0 0 661088 0 720703 0 0 0 Annuity Benefits If Maturity of following Vested Plans is invested in LIC's Jeevan Akshay then Life Assured will get the benefits given in following table. Year Plan (Vested) Plan (Purchased) Annuity Option Amount Invested Annuity Mode Pension Amount On Commutation On Death Amount Pension 2041 147 189 Return of purchase 665779 Yly 50000 665779 166445 37375 price When in doubt, tell the truth
Charges Details of Growth Fund ( Growth Rate: 10.00) Risk Charges Other Charges Life Cover/HCB* Acc Cover Critical Illness Year Age Rate Amt Rate Amt Rate Amt Service Tax Allocation Charges Flat Fee Admin Charges Policy Charges Total 2011 30 1.46 584 0.50 200 0.00 0 37 1875 0 0 360 3056 2012 31 1.46 584 0.50 200 0.00 0 38 1250 0 0 371 2443 2013 32 1.50 600 0.50 200 0.00 0 39 1250 0 0 382 2471 2014 33 1.56 624 0.50 200 0.00 0 41 1250 0 0 393 2508 2015 34 1.64 656 0.50 200 0.00 0 42 1250 0 0 405 2553 2016 35 1.73 692 0.50 200 0.00 0 43 750 0 0 417 2102 2017 36 1.85 740 0.50 200 0.00 0 44 750 0 0 430 2164 2018 37 1.99 796 0.50 200 0.00 0 46 750 0 0 443 2234 2019 38 2.15 860 0.50 200 0.00 0 47 750 0 0 456 2313 2020 39 2.33 932 0.50 200 0.00 0 48 750 0 0 470 2400 2021 40 2.57 1028 0.50 200 0.00 0 50 750 0 0 484 2512 2022 41 2.81 1124 0.50 200 0.00 0 51 750 0 0 498 2624 2023 42 3.02 1208 0.50 200 0.00 0 53 750 0 0 513 2724 2024 43 3.25 1300 0.50 200 0.00 0 54 750 0 0 529 2833 2025 44 3.54 1416 0.50 200 0.00 0 56 750 0 0 545 2967 2026 45 3.54 0 0.50 0 0.00 0 0 0 0 0 0 0 Today's beautiful moments are tomorrow's beautiful memories
Medical Requirements Following table shows medical tests required. Life Assured Total SUC Medical Tests Rajesh Chaudhary 750000 Medical Tests Not Neccessary Ayush R Chaudhary 100000 Medical Tests Not Neccessary Please Note: The above tests is based on chart of medical test received from LIC. Breakup of Returns Sum Assured & Survival's 600000 Bonus 94500 Final Additional Bonus 5000 Guranted Addition 549920 Loyalty Addition 649993 Unit Value 720703 UnitValue LA 27.51% 24.81% 22.90% Sum Assured 3.61% Bonus 0.19% FAB 20.99% GA He who blames others has a long way to go on his journey.