New Moneyback 25 Years
(Plan No. - 821)
Illustration specially prepared for
Parthiban S
(age 28 years)
Benefits Illustration Summary
ü
Sum Assured
Rs. 7,00,000
Term
25 years with premium term of 20
years only
Premium
Your Yearly premium under this
policy is Rs. 42,376 for a period of
20 years only. In 20 years you will
pay a total of Rs. 8,30,173.
25 years Money Back Plan with TAX FREE returns
every 5 years as survival benefits.
Cash Flow Benefits
ü
Limited payment for 20 years only
ü
Life Cover to the extent of 1.25 times of Sum
Assured + Bonus + Final Additional Bonus (as
applicable)
ü
Maturity : On completion of the term, full Sum
Assured + Bonus + Final Additional Bonus (as
applicable) will be paid.
ü
Optional Benefit:
LIC’s Accidental Death and Disability Benefit Rider is
available as an optional rider for 25 years with
Policy
Year
Guaranteed
5
1,05,000
0 Survival Benefit
1,05,000
0 Survival Benefit
15
1,05,000
0 Survival Benefit
20
1,05,000
0 Survival Benefit
25
2,80,000
9,27,500 Maturity
Total
7,00,000
9,27,500 Total Rs.16,27,500
Life Cover
In this policy your life cover will
start at Rs. 9,05,800. By virtue of
bonus getting added every year,
your risk cover will grow to
Rs. 18,02,500 when your age will
be 53.
Liquidity
You have an option to surrender
the policy & receive the cash
value after payment of premiums
for 3 years. Alternately, you can
even avail of loan on this policy
once the policy has acquired cash
value.
Tax Saving
You can save a tax of Rs. 12,530
under Sec.80C, against every
premium paid
Premium paid are Tax Exempted u/s 80 C & the
Maturity amount is Tax Free u/s 10 (10) (D)
Plan Parameters
Parameter
Age
Min
Max
13
45
Term
25 years / 20 prem.term
Sum Assured
100000
Modes
Description
10
payment for 20 years only
ü
Bonus
No Limit
Yly, Hly, Qly, Mly, SSS
Presented by
N BABU
CHIEF LIFE INSURANCE ADVISOR, MDRT,
LIC OF INDIA,ARNI BRANCH.
9842532720.
babusvnlic@gmail.com
sample report for demonstration purpose only
This illustration contains guaranteed and non-guaranteed benefits.The
purpose of this illustration is solely to help you understand the projected
benefits that may be possible in future. The presenter in no manner is
promising or giving a guarantee about such projected benefits.The actual
benefits will depend upon the future performance of L.I.C. Of India with
respect to this product.
N BABU
CHIEF LIFE INSURANCE ADVISOR, MDRT,
LIC OF INDIA,ARNI BRANCH.
9842532720.
babusvnlic@gmail.com
sample report for demonstration purpose only
New Moneyback 25 Years Plan Presentation for Parthiban S (age 28 years)
Ref. No. 000000000094
Forecast of Insurance Benefits
Mode of Premium
Rider
Yearly
Installment Premium 42,376(41,463 from 2nd yr onwards)
Accident Cover
: 7,00,000
Date of Report
13/05/2018
Term Rider
: Not Opted
Term
25 Years
Critical Illness Rider
: Not Opted
Policy
Year
Age
Risk Cover
(Natural Death)
Premium
Tax
Saved
Net
Premium
Returns From
LIC
Net Cash Flow
Cash
Value
Loan
Available
1
29
9,05,800
42,376
-
12,530
29,846
0
-42,376
0
0
2
30
9,36,600
41,463
-
12,530
28,933
0
-41,463
0
0
3
31
9,67,400
41,463
-
12,530
28,933
0
-41,463
35,771
32,194
4
32
9,98,200
41,463
-
12,530
28,933
0
-41,463
97,815
88,034
5
33
10,29,000
41,463
-
12,530
28,933
1,05,000
63,537
1,25,619
1,13,057
6
34
10,59,800
41,463
-
12,530
28,933
0
-41,463
49,519
44,567
7
35
10,90,600
41,463
-
12,530
28,933
0
-41,463
79,627
71,664
8
36
11,21,400
41,463
-
12,530
28,933
0
-41,463
1,16,671
1,05,004
9
37
11,52,200
41,463
-
12,530
28,933
0
-41,463
1,56,634
1,40,971
10
38
11,83,000
41,463
-
12,530
28,933
1,05,000
63,537
1,99,607
1,79,646
11
39
12,13,800
41,463
-
12,530
28,933
0
-41,463
1,40,864
1,26,778
12
40
12,44,600
41,463
-
12,530
28,933
0
-41,463
1,90,546
1,71,491
13
41
12,75,400
41,463
-
12,530
28,933
0
-41,463
2,43,885
2,19,496
14
42
13,06,200
41,463
-
12,530
28,933
0
-41,463
3,01,027
2,70,924
15
43
13,51,000
41,463
-
12,530
28,933
1,05,000
63,537
3,62,393
3,26,154
16
44
13,81,800
41,463
-
12,530
28,933
0
-41,463
3,23,082
2,90,774
17
45
14,12,600
41,463
-
12,530
28,933
0
-41,463
3,89,731
3,50,758
18
46
14,43,400
41,463
-
12,530
28,933
0
-41,463
4,61,181
4,15,063
19
47
14,74,200
41,463
-
12,530
28,933
0
-41,463
5,38,264
4,84,438
20
48
15,19,000
41,463
-
12,530
28,933
1,05,000
63,537
6,21,494
5,59,345
21
49
15,49,800
0
0
0
0
0
5,77,303
5,19,573
22
50
15,80,600
0
0
0
0
0
6,48,332
5,83,499
23
51
16,11,400
0
0
0
0
0
7,26,475
6,53,828
24
52
16,42,200
0
0
0
0
0
8,12,692
7,31,423
25
53
18,02,500
0
0
0
12,07,500
12,07,500
8,94,078
8,04,670
5,79,573
16,27,500
7,97,327
8,30,173
K e y
A s s u mp t i o n s
Personal Data: DOB: 19/09/1990
Income Tax:
Sec. 80C Limit Available: 1,50,000 Sec. 80D Limit Available: 15,000
Tax Savings on premiums will be @ 30.90 % u/s 80C and @ 30.90 % u/s 80D
Projections:
Bonus: Last declared reversionary bonus has been considered for the purpose of projected Riskcover and Returns.
Terminal Bonus: Last declared terminal bonus of their respective matching discontinued plans has also been considered.
Age and Returns shown are at the end of the specific year.