Mr Sunhara Jeevan AVINASH PATIL
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
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
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 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
Presentation Details Plan Plan Name Term / PPT Sum Assured Bonus Mode *Premium Total Prem's Paid Maturity Year Maturity Amount 189 Jeevan Akshay - VI 0/1 970026 0 SP 1000000 1000000 0 178 Jeevan Tarang 15/15 550000 46 Yly 37247 558705 2027 379500 149 Jeevan Anand 20/20 600000 43 Yly 32945 658900 2032 1158000 Total : 2120026 1070192 2217605 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 149 20 20 PPT Rider Name Rider Sum Rider Term Rider Premium Total Prem's Paid Double Accident Benefit 500000 20 0 0 Total : 0 0 Agents Copy Sr. No. DOC Pn / Tm / PPT Sum Assured Mode Yearly Half Yearly Quaterly Monthly SSS Single Per Day 1 28/07/2012 189/0/1 970026 0 0 0 0 0 1000000 0.00 0 2 28/07/2012 178/15/15 550000 37247 18820 9508 3333 3169 347325 102.05 0 3 28/07/2012 149/20/20 600000 32945 16735 8499 2979 2833 0 90.26 0 70192 35555 18007 6312 6002 192 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
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 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 1633073 2133073 1070192 20000 1050192 0-1050192 0 0 31 1696120 2196120 70192 14038 56154 70715 14561 0 0 32 1759167 2259167 70192 14038 56154 70715 14561 69658 25795 33 1822214 2322214 70192 14038 56154 70715 14561 152189 56485 34 2375526 2875526 70192 14038 56154 70715 14561 209722 77816 35 2426626 2926626 70192 14038 56154 70715 14561 275288 102094 36 2477726 2977726 70192 14038 56154 70715 14561 346589 129664 37 2528826 3028826 70192 14038 56154 70715 14561 427097 160879 38 2579926 3079926 70192 14038 56154 70715 14561 518383 196203 39 2631026 3131026 70192 14038 56154 70715 14561 621947 236066 40 2682126 3182126 70192 14038 56154 70715 14561 739743 280928 41 2733226 3233226 70192 14038 56154 70715 14561 872819 326867 42 2784326 3284326 70192 14038 56154 70715 14561 1012395 368465 43 2835426 3335426 70192 14038 56154 70715 14561 1194566 436941 44 2898526 3398526 70192 14038 56154 70715 14561 1388706 503273 45 2547826 3047826 32945 6589 26356 450215 423859 1138205 1024384 46 2576626 3076626 32945 6589 26356 100965 74609 1239175 1115258 47 2605426 3105426 32945 6589 26356 100965 74609 1353089 1217780 48 2640226 3140226 32945 6589 26356 100965 74609 1481593 1333434 49 2678026 3178026 32945 6589 26356 100965 74609 1626483 1463835 50 2120026 2620026 0 0 0 1258965 1258965 636840 573156 51 2120026 2620026 0 0 0 100965 100965 644220 579798 52 2120026 2620026 0 0 0 100965 100965 651840 586656 53 2120026 2620026 0 0 0 100965 100965 658440 592596 54 2120026 2620026 0 0 0 100965 100965 667620 600858 55 2120026 2620026 0 0 0 100965 100965 675840 608256 56 2120026 2620026 0 0 0 100965 100965 684180 615762 57 2120026 2620026 0 0 0 100965 100965 692700 623430 58 2120026 2620026 0 0 0 100965 100965 701400 631260 59 2120026 2620026 0 0 0 100965 100965 710220 639198 60 2120026 2620026 0 0 0 100965 100965 719160 647244 61 2120026 2620026 0 0 0 100965 100965 728280 655452 62 2120026 2620026 0 0 0 100965 100965 737400 663660 63 2120026 2620026 0 0 0 100965 100965 746640 671976 64 2120026 2620026 0 0 0 100965 100965 755940 680346 65 2120026 2620026 0 0 0 100965 100965 765180 688662 66 2120026 2620026 0 0 0 100965 100965 774720 697248 67 2120026 2620026 0 0 0 100965 100965 784080 705672 68 2120026 2620026 0 0 0 100965 100965 793440 714096 69 2120026 2620026 0 0 0 100965 100965 802800 722520 70 2120026 2120026 0 0 0 100965 100965 812100 730890 71 2120026 2120026 0 0 0 100965 100965 821340 739206 72 2120026 2120026 0 0 0 100965 100965 830520 747468 73 2120026 2120026 0 0 0 100965 100965 839580 755622 People are lonely they build walls instead of bridges
2056 74 2120026 2120026 0 0 0 100965 100965 848520 763668 2057 75 2120026 2120026 0 0 0 100965 100965 857280 771552 2058 76 2120026 2120026 0 0 0 100965 100965 865920 779328 2059 77 2120026 2120026 0 0 0 100965 100965 874440 786996 2060 78 2120026 2120026 0 0 0 100965 100965 882720 794448 2061 79 2120026 2120026 0 0 0 100965 100965 890880 801792 2062 80 2120026 2120026 0 0 0 100965 100965 898800 808920 2063 81 2120026 2120026 0 0 0 100965 100965 906480 815832 2064 82 2120026 2120026 0 0 0 100965 100965 913980 822582 2065 83 2120026 2120026 0 0 0 100965 100965 921240 829116 2066 84 2120026 2120026 0 0 0 100965 100965 928260 835434 2067 85 2120026 2120026 0 0 0 100965 100965 935100 841590 2068 86 2120026 2120026 0 0 0 100965 100965 941640 847476 2069 87 2120026 2120026 0 0 0 100965 100965 948000 853200 2070 88 2120026 2120026 0 0 0 100965 100965 954120 858708 2071 89 2120026 2120026 0 0 0 100965 100965 960240 864216 2072 90 2120026 2120026 0 0 0 100965 100965 966120 869508 2073 91 2120026 2120026 0 0 0 100965 100965 972120 874908 2074 92 2120026 2120026 0 0 0 100965 100965 978060 880254 2075 93 2120026 2120026 0 0 0 100965 100965 984180 885762 2076 94 2120026 2120026 0 0 0 100965 100965 991980 892782 2077 95 2120026 2120026 0 0 0 100965 100965 998820 898938 2078 96 2120026 2120026 0 0 0 100965 100965 1011780 910602 2079 97 2120026 2120026 0 0 0 100965 100965 1024440 921996 2080 98 2120026 2120026 0 0 0 100965 100965 1053600 948240 2081 99 2120026 2120026 0 0 0 100965 100965 1059000 953100 2082 100 550000 550000 0 0 0 1670991 1670991 495000 445500 Total 2217605 249477 1968128 9721326 7753198 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
Bonus FAB Breakup of Returns Sum Assured & Survival's 4570276 Bonus 895500 Final Additional Bonus 42000 0.76% 16.26% 82.98% Sum Assured Knowing never goes out of fashion