16 YEAR AT 41 AGE

7/31/2019 16 YEAR AT 41 AGE

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Life Insurance Corporation of India

HARISH CHAND

Paschim Vihar, New Delhi

Ph: 9811896425

e-mail. [email protected]

Jeevan Anand

. . . . a life free of worries

24/05/2012

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.

18 years completed

General Terms of this Plan

Minimum Age At Entry

Maximum Age At Entry

Maximum Premium

Ceasing Age

Minimum Sum Assured

Maximum Sum Assured

Double Accident

Benefit

Loans

65 years (Age Nearer Birthday)

75 years (Age Nearer Birthday)

Rs. 1,00,000

No Limit

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

Available after payment of 3 full years premiums

Premium Paying Term 5 years to 57 years

Illustration specially customized for Mr. XYZ Aged 41 Years.

7/31/2019 16 YEAR AT 41 AGE

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HARISH CHAND


Ph: 9811896425


Sum Proposed

49Assumed Bonus Rate

Premium Payable For Premium Payable

Basic Premium Rider Premiums Total Premium

:

:

:

: :

:

: Rs.0

A Proposal Jeevan Anand for you

Rs.1400000 16 Years Yearly

Rs.107713 Rs. 107713

Interim Bonus Rate :

: 30.90%Sec.80 CCE Tax RebateRs.100000:Sec.80 CCE Inv. Limit

: Step Rate 043* #

Insurance Facts

Age Accident

Annual

Premium

Tax

Saved

Nett

Premium

Returns

From L.I.C.

New Loan

Available

Total Loan

Available

Risk Cover

NormalYear

2012 41 1460200 1960200 107713 30900 76813 0 0 0

2013 42 1537200 2037200 107713 30900 76813 0 0 0

2014 43 1605800 2105800 107713 30900 76813 0 108250 108250

2015 44 1674400 2174400 107713 30900 76813 0 93500 201750

2016 45 1743000 2243000 107713 30900 76813 0 82750 284500

2017 46 1811600 2311600 107713 30900 76813 0 94250 378750

2018 47 1880200 2380200 107713 30900 76813 0 107250 486000

2019 48 1948800 2448800 107713 30900 76813 0 114250 600250

2020 49 2017400 2517400 107713 30900 76813 0 128500 728750

2021 50 2086000 2586000 107713 30900 76813 0 146000 874750

2022 51 2154600 2654600 107713 30900 76813 0 165750 1040500

2023 52 2223200 2723200 107713 30900 76813 0 189750 1230250

2024 53 2291800 2791800 107713 30900 76813 0 226000 1456250

2025 54 2360400 2860400 107713 30900 76813 0 257000 1713250

2026 55 2457000 2957000 107713 30900 76813 0 290750 2004000

2027 56 2539902 3039902 107713 30900 76813 0 329250 2333250

2028 57 1400000 1900000 0 0 0 2532600 415250 415250

2029 58 1400000 1900000 0 0 0 0 18250 433500

2030 59 1400000 1900000 0 0 0 0 18500 452000

2031 60 1400000 1900000 0 0 0 0 18750 470750

2032 61 1400000 1900000 0 0 0 0 19250 490000

2033 62 1400000 1900000 0 0 0 0 19000 509000

2034 63 1400000 1900000 0 0 0 0 19500 528500

2035 64 1400000 1900000 0 0 0 0 19500 548000

2036 65 1400000 1900000 0 0 0 0 19750 567750

2037 66 1400000 1900000 0 0 0 0 19750 587500

2038 67 1400000 1900000 0 0 0 0 19500 607000

2039 68 1400000 1900000 0 0 0 0 19750 626750

2040 69 1400000 1900000 0 0 0 0 19750 646500

2041 70 1400000 1400000 0 0 0 0 19500 666000

2042 71 1400000 1400000 0 0 0 0 19250 685250

2043 72 1400000 1400000 0 0 0 0 19250 704500

2044 73 1400000 1400000 0 0 0 0 19000 723500

2045 74 1400000 1400000 0 0 0 0 19000 742500

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2046 75 1400000 1400000 0 0 0 0 18250 760750

2047 76 1400000 1400000 0 0 0 0 18250 779000

2048 77 1400000 1400000 0 0 0 0 17750 796750

2049 78 1400000 1400000 0 0 0 0 17500 814250

2050 79 1400000 1400000 0 0 0 0 17000 831250

2051 80 1400000 1400000 0 0 0 0 16750 848000

2052 81 1400000 1400000 0 0 0 0 16000 864000

2053 82 1400000 1400000 0 0 0 0 15750 879750

2054 83 1400000 1400000 0 0 0 0 15250 895000

2055 84 1400000 1400000 0 0 0 0 14750 909750

2056 85 1400000 1400000 0 0 0 0 14500 924250

2057 86 1400000 1400000 0 0 0 0 13750 938000

2058 87 1400000 1400000 0 0 0 0 13250 951250

2059 88 1400000 1400000 0 0 0 0 13000 964250

2060 89 1400000 1400000 0 0 0 0 12750 977000

2061 90 1400000 1400000 0 0 0 0 12250 989250

2062 91 1400000 1400000 0 0 0 0 12750 1002000

2063 92 1400000 1400000 0 0 0 0 12500 1014500

2064 93 1400000 1400000 0 0 0 0 12750 1027250

2065 94 1400000 1400000 0 0 0 0 16500 1043750

2066 95 1400000 1400000 0 0 0 0 14250 1058000

2067 96 1400000 1400000 0 0 0 0 27250 1085250

2068 97 1400000 1400000 0 0 0 0 26500 1111750

2069 98 1400000 1400000 0 0 0 0 61250 1173000

2070 99 1400000 1400000 0 0 0 0 43500 1216500

2071 100 1400000 1400000 0 0 0 0 0 0

1723408 1229008 2532600494400

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HARISH CHAND


Ph: 9811896425


Benefits Summary*

Minimum Risk Cover (Normal)

Minimum Risk Cover (Accidental)

Maximum Risk Cover (Normal)

Annual Tax Savings (Sec. 80 CCE)

Total Premium to be paid

Maximum Risk Cover (Accidental)

Maturity Amount in 2028

Yield on Investment

Free Risk Cover from 2028

onwards for Lifetime

Rs. 1460200

Rs. 1960200

Rs. 2532600

Rs. 30900

Rs. 1723408

Rs. 2532600

8.07%

Rs. 1400000

Rs. 3032600

Free additional accidental cover

from 2028 to 2041 ,when you

reach age of 70 yrs

Rs. 500000

1.

2. '#' : - Assuming that bonus rate declared by LIC will increase/decrease per year by step rate mentioned above.

'*' : - Assuming that LIC will declare the above mentioned bonus rates for the year ended 31-Mar-2012

The above statement is based on certain assumptions which are

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

Documents

16 YEAR AT 41 AGE