-
8/14/2019 Bima bachat Plan 175 for aged 20 all term 9,12,15
years Call LIC Agent Anandaraman @ 9843146519.pdf
1/7
Agent - LIC of India (The Life Insurance Specialist)
ANANDARAMAN.R,B.Com
#209, FIRST FLOOR, CHETTY STREET,
PONDICHERRY- 605 001
Mobile : +919843146519
E-Mail : [email protected]
175 - Bima Bachat
Minimum
Maximum
Term Age Sum
20000
0
9
15
15
66
Premium Ceasing Age : 66 Premium Ceasing Term : 1
Plan Highlights
FeaturesBima Bachat is a single premium money back plan. The
single premium that is paid under the policy will bepaid back to
the policyholder along with Loyalty Additions, if any. This payment
will be done at the time ofmaturity. If the policyholder survives
till the term of the policy, he will receive 15% of the total sum
assuredevery 3 years. There are no riders available under this
policy. And it is available for a term of 9, 12 and
15years.BenefitsDeath benefit:On the death of the policyholder
during the term of the policy, an amount which is equal to sum
assured ispaid.Survival Benefit:In case the Life Assured is
surviving to the end of the specified durations the following
benefits shall bepayable:
For policy term 9 years: 15% of the Sum Assured at the end of
each 3rd & 6th policy year.For policy term 12 years: 15% of the
Sum Assured at the end of each 3rd, 6th & 9th policy year.For
policy term 15 years: 15% of the Sum Assured at the end of each
3rd, 6th, 9th & 12th policy year.
Maturity Benefit:Single premium (excluding extra premium) along
with Loyalty Additions, if any, is paid to the Life Assured ifhe
survives till the end of the term.Loyalty Additionshis is a
with-profits Plan and the policy shall participate in the profits
of the Corporation's with-profits
assurance business. The policy shall, however not be eligible
for reversionary bonuses but it will be eligible toa share of
profits in the form of Loyalty Addition (one time) which will be
only payable on maturity. On theLife Assured surviving the
stipulated date of maturity, the policy may be eligible for payment
of Loyalty
Addition, if any, depending upon the experience of the
Corporation at such rate and on such terms as may bedeclared by the
Corporation.Loan
Loan facility is available under this plan after the policy
acquires paid-up value. The rate of interest to becharged for loan
amount would be determined from time to time by the Corporation.
Presently the rate ofinterest is 9% p.a. payable
half-yearly.Cooling -off periodIf a policyholder is not satisfied
with the terms and conditions of the policy, he/she may return the
policy tothe Corporation within 15 days from the date of receipt of
the policy.Back-dating interesthe policies can be dated back within
the financial year, as usual. Back-dating interest will be charged
at the
rate of 9% p.a. for dating back in excess of one month. This
rate is subject to revision. The interest shall becharged even
where the policy is back dated to a lean month.Surrender valueshe
policy can be surrendered for cash after completion of atleast one
policy year. The Guaranteed Surrender
Value is equal to 90 per cent of the Single Premium paid
excluding extra premium paid and the survivalbenefits paid
earlier.
Time is precious : Do not wait till tomorrow to take an
Insurance policy
-
8/14/2019 Bima bachat Plan 175 for aged 20 all term 9,12,15
years Call LIC Agent Anandaraman @ 9843146519.pdf
2/7
Bima Bachat (Plan No. - 175)
Presented by
ANANDARAMAN.R,B.Com
Agent - LIC of India (The Life Insurance Specialist)
#209, FIRST FLOOR, CHETTY STREET,
PONDICHERRY- 605 001
Mobile : +919843146519E-Mail : [email protected]
A SINGLE PREMIUM money back plan.
9, 12 or 15 years term Money Back Plan with
SurvivalBenefitsevery 3 years.
LIFE COVER for full Sum Assured even if survival
benefits are paid.
On maturity, Single premium (excluding extra
premium) along with Loyalty Additions will be
paid.
Premium paid are TAX EXEMPTED u/s 80 C.
Min - 20000 & Max - No Limit
Sng,
Min - 9 & Max - 15
Min - 15 & Max - 66
Mr. /Mrs.________________
Age
Term
SA
Modes Allowed
Benefits Illustration Summary
Sum Assured Rs.10,00,000
Term of Insurance
9 Years
Premium Amount
You will be paying a Single premium of Rs.6,59,830 for a
period of 1 years. The total amount that you will pay
throughout the term of this policy is Rs.6,59,830.
Cash Flow Benefits
DescriptionYear Guaranteed Variable
2016 1,50,000 Survival Benefit
2019 1,50,000 Survival Benefit
2022 6,59,830 2,43,000 Maturity
A total of Rs.12,02,830 (estimated) can be expected through
the
term of this policy
Liquidity
single premium - loan available from 2nd yr
Life Risk Cover
In this policy your Life Risk Cover will start at Rs.10,00,000.
By
virtue of bonus getting added every year, your risk cover
willgrow to Rs.10,00,000 in the year 2021 when your age will be
28.
Tax Savings
For each year of premium payment you will save Rs.30,900
under Sec.80(C).
Yield
The nett return works out to 8.12% (pre-tax) & 8.81%
(post-tax)
Plan Parameters
(Aged 20 years)
Illustration specially prepared for
The above presentation is based on certain assumptions
which are liable to change according to
Government/Corporation's policies.
-
8/14/2019 Bima bachat Plan 175 for aged 20 all term 9,12,15
years Call LIC Agent Anandaraman @ 9843146519.pdf
3/7
Agent - LIC of India (The Life Insurance Specialist)
ANANDARAMAN.R,B.Com
#209, FIRST FLOOR, CHETTY STREET,
PONDICHERRY- 605 001
Mobile : +919843146519
E-Mail : [email protected]
Specific Plan Presentation for Mr. /Mrs.________________ Aged 20
years
Forecast of Insurance Benefits
Mode of Premium Single
Installment Premium 659830
Date of Report 18/06/2013
Term 9
Risk Covered
Accident Cover
Crit. Illness Cover
0
0
Premium Waiver Benefit 0
Age
Risk Cover
(Natural Death)
Policy
Year
LoanAvailable
CashValuePremium
Gauranteed
Returns Cash FlowTax
Saved
Net
Premium
Non Gauranteed
Returns
18/06/13 20 10,00,000 0 -6,59,830 4,61,881 4,15,7506,59,830 0
30,900 6,28,930
18/06/14 21 10,00,000 0 0 5,95,496 5,36,0000 00 0
18/06/15 22 10,00,000 0 0 6,28,488 5,65,7500 00 0
18/06/16 23 10,00,000 1,50,000 1,50,000 5,54,257 4,98,7500 00
0
18/06/17 24 10,00,000 0 0 5,87,248 5,28,5000 00 0
18/06/18 25 10,00,000 0 0 6,20,240 5,58,2500 00 0
18/06/19 26 10,00,000 1,50,000 1,50,000 5,47,658 4,93,0000 00
0
18/06/20 27 10,00,000 0 0 5,80,650 5,22,5000 00 0
18/06/21 28 10,00,000 0 0 6,13,641 5,52,2500 00 0
18/06/22 29 0 6,59,830 9,02,830 0 00 2,43,0000 0
6,59,830 5,43,000 9,59,830 2,43,0006,28,930
Yield on Investments (Pre Tax) : 8.12 %
DOB: 01/01/1993Personal Data:
Income Tax: Sec. 80CCE Limit Available: 100000 Sec. 80D Limit
Available: 10000Tax Savings on premiums will be @ 30.90 % u/s 80CCE
and @ 30.90 % u/s 80D
Projections:
Terminal Bonus: On applicable plans Terminal Bonus has been
considered (On applicable plans last declared Terminal BonusRates
have been considered in the above calculations).
K e y A s s u m p t i o n s
Bonus: On applicable plans, last declared InterimBonus has been
considered for the purpose of projected Riskcover, Returns,Cash
Value and Loan calculations
Loyalty Addition: An estimated Loyalty addition has been
considered on applicable plans. The estimation is only for the
purpose ofunderstanding the benefits of this illustration and is
purely indicative / non-guaranteed. Final figures may differ as per
the actualexperience of the plan performance by L.I.C. of India. A
10 % scenario has been considered while estimating the loyalty
additionin this illustration.
-
8/14/2019 Bima bachat Plan 175 for aged 20 all term 9,12,15
years Call LIC Agent Anandaraman @ 9843146519.pdf
4/7
Bima Bachat (Plan No. - 175)
Presented by
ANANDARAMAN.R,B.Com
Agent - LIC of India (The Life Insurance Specialist)
#209, FIRST FLOOR, CHETTY STREET,
PONDICHERRY- 605 001
Mobile : +919843146519E-Mail : [email protected]
A SINGLE PREMIUM money back plan.
9, 12 or 15 years term Money Back Plan with
SurvivalBenefitsevery 3 years.
LIFE COVER for full Sum Assured even if survival
benefits are paid.
On maturity, Single premium (excluding extra
premium) along with Loyalty Additions will be
paid.
Premium paid are TAX EXEMPTED u/s 80 C.
Min - 20000 & Max - No Limit
Sng,
Min - 9 & Max - 15
Min - 15 & Max - 66
Mr. /Mrs.________________
Age
Term
SA
Modes Allowed
Benefits Illustration Summary
Sum Assured Rs.10,00,000
Term of Insurance
12 Years
Premium Amount
You will be paying a Single premium of Rs.6,59,830 for a
period of 1 years. The total amount that you will pay
throughout the term of this policy is Rs.6,59,830.
Cash Flow Benefits
DescriptionYear Guaranteed Variable
2016 1,50,000 Survival Benefit
2019 1,50,000 Survival Benefit
2022 1,50,000 Survival Benefit
2025 6,59,830 4,08,000 Maturity
A total of Rs.15,17,830 (estimated) can be expected through
the
term of this policy
Liquidity
single premium - loan available from 2nd yr
Life Risk Cover
In this policy your Life Risk Cover will start at Rs.10,00,000.
Byvirtue of bonus getting added every year, your risk cover
will
grow to Rs.10,00,000 in the year 2024 when your age will be
31.
Tax Savings
For each year of premium payment you will save Rs.30,900
under Sec.80(C).
Yield
The nett return works out to 8.90% (pre-tax) & 9.46%
(post-tax)
Plan Parameters
(Aged 20 years)
Illustration specially prepared for
The above presentation is based on certain assumptions
which are liable to change according to
Government/Corporation's policies.
-
8/14/2019 Bima bachat Plan 175 for aged 20 all term 9,12,15
years Call LIC Agent Anandaraman @ 9843146519.pdf
5/7
Agent - LIC of India (The Life Insurance Specialist)
ANANDARAMAN.R,B.Com
#209, FIRST FLOOR, CHETTY STREET,
PONDICHERRY- 605 001
Mobile : +919843146519
E-Mail : [email protected]
Specific Plan Presentation for Mr. /Mrs.________________ Aged 20
years
Forecast of Insurance Benefits
Mode of Premium Single
Installment Premium 659830
Date of Report 18/06/2013
Term 12
Risk Covered
Accident Cover
Crit. Illness Cover
0
0
Premium Waiver Benefit 0
Age
Risk Cover
(Natural Death)
Policy
Year
LoanAvailable
CashValuePremium
Gauranteed
Returns Cash FlowTax
Saved
Net
Premium
Non Gauranteed
Returns
18/06/13 20 10,00,000 0 -6,59,830 4,61,881 4,15,7506,59,830 0
30,900 6,28,930
18/06/14 21 10,00,000 0 0 5,95,496 5,36,0000 00 0
18/06/15 22 10,00,000 0 0 6,28,488 5,65,7500 00 0
18/06/16 23 10,00,000 1,50,000 1,50,000 5,54,257 4,98,7500 00
0
18/06/17 24 10,00,000 0 0 5,87,248 5,28,5000 00 0
18/06/18 25 10,00,000 0 0 6,20,240 5,58,2500 00 0
18/06/19 26 10,00,000 1,50,000 1,50,000 5,47,658 4,93,0000 00
0
18/06/20 27 10,00,000 0 0 5,80,650 5,22,5000 00 0
18/06/21 28 10,00,000 0 0 6,13,641 5,52,2500 00 0
18/06/22 29 10,00,000 1,50,000 1,50,000 5,41,060 4,87,0000 00
0
18/06/23 30 10,00,000 0 0 5,67,453 5,10,7500 00 0
18/06/24 31 10,00,000 0 0 5,95,496 5,36,0000 00 0
18/06/25 32 0 6,59,830 10,67,830 0 00 4,08,0000 0
6,59,830 8,58,000 11,09,830 4,08,0006,28,930
Yield on Investments (Pre Tax) : 8.90 %
DOB: 01/01/1993Personal Data:
Income Tax: Sec. 80CCE Limit Available: 100000 Sec. 80D Limit
Available: 10000
Tax Savings on premiums will be @ 30.90 % u/s 80CCE and @ 30.90
% u/s 80D
Projections:
Terminal Bonus: On applicable plans Terminal Bonus has been
considered (On applicable plans last declared Terminal BonusRates
have been considered in the above calculations).
K e y A s s u m p t i o n s
Bonus: On applicable plans, last declared InterimBonus has been
considered for the purpose of projected Riskcover, Returns,Cash
Value and Loan calculations
Loyalty Addition: An estimated Loyalty addition has been
considered on applicable plans. The estimation is only for the
purpose ofunderstanding the benefits of this illustration and is
purely indicative / non-guaranteed. Final figures may differ as per
the actualexperience of the plan performance by L.I.C. of India. A
10 % scenario has been considered while estimating the loyalty
additionin this illustration.
-
8/14/2019 Bima bachat Plan 175 for aged 20 all term 9,12,15
years Call LIC Agent Anandaraman @ 9843146519.pdf
6/7
Bima Bachat (Plan No. - 175)
Presented by
ANANDARAMAN.R,B.Com
Agent - LIC of India (The Life Insurance Specialist)
#209, FIRST FLOOR, CHETTY STREET,
PONDICHERRY- 605 001
Mobile : +919843146519E-Mail : [email protected]
A SINGLE PREMIUM money back plan.
9, 12 or 15 years term Money Back Plan with
SurvivalBenefitsevery 3 years.
LIFE COVER for full Sum Assured even if survival
benefits are paid.
On maturity, Single premium (excluding extra
premium) along with Loyalty Additions will be
paid.
Premium paid are TAX EXEMPTED u/s 80 C.
Min - 20000 & Max - No Limit
Sng,
Min - 9 & Max - 15
Min - 15 & Max - 66
Mr. /Mrs.________________
Age
Term
SA
Modes Allowed
Benefits Illustration Summary
Sum Assured Rs.10,00,000
Term of Insurance
15 Years
Premium Amount
You will be paying a Single premium of Rs.6,59,830 for a
period of 1 years. The total amount that you will pay
throughout the term of this policy is Rs.6,59,830.
Cash Flow Benefits
DescriptionYear Guaranteed Variable
2016 1,50,000 Survival Benefit
2019 1,50,000 Survival Benefit
2022 1,50,000 Survival Benefit
2025 1,50,000 Survival Benefit
2028 6,59,830 6,00,000 Maturity
A total of Rs.18,59,830 (estimated) can be expected through
the
term of this policy
Liquidity
single premium - loan available from 2nd yr
Life Risk CoverIn this policy your Life Risk Cover will start at
Rs.10,00,000. By
virtue of bonus getting added every year, your risk cover
will
grow to Rs.10,00,000 in the year 2027 when your age will be
34.
Tax Savings
For each year of premium payment you will save Rs.30,900
under Sec.80(C).
Yield
The nett return works out to 9.21% (pre-tax) & 9.69%
(post-tax)Plan Parameters
(Aged 20 years)
Illustration specially prepared for
The above presentation is based on certain assumptions
which are liable to change according to
Government/Corporation's policies.
-
8/14/2019 Bima bachat Plan 175 for aged 20 all term 9,12,15
years Call LIC Agent Anandaraman @ 9843146519.pdf
7/7
Agent - LIC of India (The Life Insurance Specialist)
ANANDARAMAN.R,B.Com
#209, FIRST FLOOR, CHETTY STREET,
PONDICHERRY- 605 001
Mobile : +919843146519
E-Mail : [email protected]
Specific Plan Presentation for Mr. /Mrs.________________ Aged 20
years
Forecast of Insurance Benefits
Mode of Premium Single
Installment Premium 659830
Date of Report 18/06/2013
Term 15
Risk Covered
Accident Cover
Crit. Illness Cover
0
0
Premium Waiver Benefit 0
Age
Risk Cover
(Natural Death)
Policy
Year
LoanAvailable
CashValuePremium
Gauranteed
Returns Cash FlowTax
Saved
Net
Premium
Non Gauranteed
Returns
18/06/13 20 10,00,000 0 -6,59,830 4,61,881 4,15,7506,59,830 0
30,900 6,28,930
18/06/14 21 10,00,000 0 0 5,95,496 5,36,0000 00 0
18/06/15 22 10,00,000 0 0 6,28,488 5,65,7500 00 0
18/06/16 23 10,00,000 1,50,000 1,50,000 5,54,257 4,98,7500 00
0
18/06/17 24 10,00,000 0 0 5,87,248 5,28,5000 00 0
18/06/18 25 10,00,000 0 0 6,20,240 5,58,2500 00 0
18/06/19 26 10,00,000 1,50,000 1,50,000 5,47,658 4,93,0000 00
0
18/06/20 27 10,00,000 0 0 5,80,650 5,22,5000 00 0
18/06/21 28 10,00,000 0 0 6,13,641 5,52,2500 00 0
18/06/22 29 10,00,000 1,50,000 1,50,000 5,41,060 4,87,0000 00
0
18/06/23 30 10,00,000 0 0 5,67,453 5,10,7500 00 0
18/06/24 31 10,00,000 0 0 5,95,496 5,36,0000 00 0
18/06/25 32 10,00,000 1,50,000 1,50,000 5,34,462 4,81,0000 00
0
18/06/26 33 10,00,000 0 0 5,74,052 5,16,7500 00 0
18/06/27 34 10,00,000 0 0 6,13,641 5,52,2500 00 0
18/06/28 35 0 6,59,830 12,59,830 0 00 6,00,0000 0
6,59,830 12,00,000 12,59,830 6,00,0006,28,930
Yield on Investments (Pre Tax) : 9.21 %
DOB: 01/01/1993Personal Data:
Income Tax: Sec. 80CCE Limit Available: 100000 Sec. 80D Limit
Available: 10000Tax Savings on premiums will be @ 30.90 % u/s 80CCE
and @ 30.90 % u/s 80D
Projections:
Terminal Bonus: On applicable plans Terminal Bonus has been
considered (On applicable plans last declared Terminal BonusRates
have been considered in the above calculations).
K e y A s s u m p t i o n s
Bonus: On applicable plans, last declared InterimBonus has been
considered for the purpose of projected Riskcover, Returns,Cash
Value and Loan calculations
Loyalty Addition: An estimated Loyalty addition has been
considered on applicable plans. The estimation is only for the
purpose ofunderstanding the benefits of this illustration and is
purely indicative / non-guaranteed. Final figures may differ as per
the actualexperience of the plan performance by L.I.C. of India. A
10 % scenario has been considered while estimating the loyalty
additionin this illustration.
