AVINASH PATIL INFODEEP TECHNOLOGIES PVT LTD

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1 Mr Sunhara Jeevan AVINASH PATIL

2 Plan 189: Jeevan Akshay - VI Introduction : In view of the demand from various offices it has been decided to modify LIC s Jeevan Akshay VI plan. The modifications are as under: The plan shall also be sold online in addition to other existing distribution channels. Annuity option- Joint-life and 100% of annuity to spouse on death of the annuitant with return of purchase price on death of last survivor shall also be available in addition to the existing six options. Reduction in the minimum age at entry and increase in maximum age at entry. Minimum premium amount for online sale shall be Rs. 1.5 lacs and for other distribution channels it shall be Rs. 1 lac. Slabs of incentive for higher purchase price have been modified. Service tax to be collected from the policyholder along with the purchase price. Features Benefits: The first instalment of annuity shall be paid one year, six months, three months or one month after the date of purchase of the annuity depending on whether the mode of annuity payment is yearly, half-yearly, quarterly or monthly respectively. Further, annuity shall be paid during the life time of the annuitant with following provisions on death of the annuitant for different options: (a) Under option (i) - payment of annuity ceases. (b) Under option (ii) i. On death during the guarantee period - annuity is paid to the nominee till the end of the guaranteed period after which the same ceases. ii. On death after the guarantee period - payment of annuity ceases. (c) Under option (iii) - payment of annuity ceases and the purchase price is returned to the nominee. (d) Under option (iv) - payment of annuity ceases. (e) Under option (v) - payment of annuity ceases and 50% of the annuity is paid to the surviving named spouse during his/her life time. If the spouse predeceases the annuitant, nothing is payable after the death of the annuitant. (f) Under option (vi) - payment of annuity ceases and 100% of the annuity is paid to the surviving named spouse during his/her life time. If the spouse predeceases the annuitant, nothing is payable after the death of the annuitant. (g) Under option (vii) - payment of annuity ceases. 100% of the annuity is paid to the surviving named spouse during his/her life time and purchase price is returned to the nominee after the death of the spouse. If the spouse predeceases the annuitant, the annuity ceases and purchase price is paid to the nominee. You can't sip soup with a knife

3 Plan 178: Jeevan Tarang This plan is a whole of life plan, which provides for annual survival benefit at a rate of 5.5 % of Sum Assured for life time after the chosen Accumulation Period. The vested simple reverionary bonuses will be payable in one lump sum on survival to the end of selected Accumulation Period. This plan matures at an age of 100 years. In case the policy holder survives the term of the policy, Sum Assured plus loyalty additions is paid, provided the policy is in full force. The loyalty addition will depend on the experience of the Corporation with regard to mortality, interest and expense based on the term and duration of the policy. This plan have features of all types of plans like Endowment, Money Back, Ltd Payment & Annuity so client can fulfill any requirement with this plan. Features 1. This policy provides for a annual survival benefit at a rate of 5.5 % of Sum Assured for life time after the chosen Accumulation Period. Accumulation Period can be 10, 15 or 20 years. The vested simple reverionary bonuses will be payable in one lump sum on survival to the end of selected Accumulation Period. 2. Maturity Benefit : Sum Assured + Loyalty Addition, if any. This plan matures on survival of life assured to the policy anniversary coinciding with or immediately following the completion of 100 years of age. 3. Death Benefit : During Accumulation Period, The nominee gets an amount equal to Sum Assured plus accrued bonuses. After Accumulation Period, Sum Assured + Loyalty Addition, if any. 4. Double Accident Benefit :- On death due to accident extra sum assured would be payable. All riders are payable during Accumulation Period only. 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. Term Rider Benefit is available for extra risk cover on death. This benefit is available at extra premium. 7. 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 premium. 8. Loan can be taken against this policy. 9. Housing loan can be taken against this policy. 10. Policy can be assigned as security in bank, housing co. or any financial institute. 11. Backdating of policy is allowed. 12. Policy can be surrendered for its paid-up value after a period of 3 years ( for regular premium ). Policy can be surrendered for its paid-up value after a period of 1 year ( for single premium ). When your work speaks for itself, don't interrupt

4 Plan 149: Jeevan Anand Jeevan Anand is a plan introduced from 1st February, 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 Premium 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 Premium 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. Those we hurt the most are often those we love the most

5 Presentation Details Plan Plan Name Term / PPT Sum Assured Bonus Mode *Premium Total Prem's Paid Maturity Year Maturity Amount 189 Jeevan Akshay - VI 0/ SP Jeevan Tarang 15/ Yly Jeevan Anand 20/ Yly Total : Note: The above Statements are based on certain assumptions, which are liable to change according to Government / Corporation's Policies. * Rider Premiums are included in Premium. * NI is number of installments. Rider Details Plan Term PPT Rider Name Rider Sum Rider Term Rider Premium Total Prem's Paid Double Accident Benefit Total : 0 0 Agents Copy Sr. No. DOC Pn / Tm / PPT Sum Assured Mode Yearly Half Yearly Quaterly Monthly SSS Single Per Day 1 28/07/ /0/ /07/ /15/ /07/ /20/ No of Inst. Note: The Single Premium for Plan 189 shown in above table is Inclusive of Service Tax. The greatest failure is the failure to try

6 Invest 10 Lacs One Time & Get Gurranteed 20 Lacs for Child Education/Marriage, Gurranteed Lifetime Pension 1 Lacs with F Tax Slab: 20% Investment CASH FLOW Year Age Normal Lifecover Accident Lifecover Annual Premium Tax Saved Net Premium Returns from LIC Net Returns Surrender Value Total Loan Available People are lonely they build walls instead of bridges

7 Total 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 (4) Please refer circular no: Actl / 2015 / 4 for details about settlement options. maturity date. (*) The above illustration gives an effective yield of 7.10% with tax benefit. (*) The above illustration gives an effective yield of 6.44% without tax benefit. Life is the first gift, love is the second, and understanding the third

8 Bonus FAB Breakup of Returns Sum Assured & Survival's Bonus Final Additional Bonus % 16.26% 82.98% Sum Assured Knowing never goes out of fashion