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LIFE INSURANCE CORPORATION OF INDIA
Harish Chand
Delhi LIC Agent
PH. 09811896425, 09212201725
[email protected]
www.delhiLICagent.com
Jeevan Shree - 1 Plan Presentation
Jeevan Shree - I is an attractive multipurpose insurance
plan,
which offers risk cover as well as long-term savings at a
moderate cost. The plan is a revised version of one of the
most
successful plans of LIC New Jeevan Shree.
Jeevan Shree - I
Guaranteed Additions of Rs.50/- per 1000 of sum assured for a
period of 5 years
Policy will participate in bonuses after 5 years
Option of 5 terms available to suit your cash flow needs
Options of single and limited period premium payments available
to enable you to pay off during your
productive years and enjoy life risk cover for a longer
time.
An ideal gift for someone you care
S P E C I A L F E A T U R E S
S C O P E & E L I G I B I L I T Y AT A G L A N C E
Terms available
Premium Paying Terms
Age at Entry Maximum age at maturity
Minimum Sum available
Term Rider
Double Accident Benefit
5 10 15 20 25
1,2,3 1,2,3,4,6 1,2,3,4,6,8,10 1,2,3,4,6,8,10,12
1,2,3,4,6,8,10,12,16
18 to 65 years 75 years
Rs.5,00,000 and thereafter in multiples of Rs.1,00,000
Available for age at entry between 18 to 50 years with
maximum
maturity age of 60 years. This additional risk insurance is
available upto
Rs.25,00,0000 overall limit
Available upto maturity or 70 years of age whichever is
earlier
Premium Waiver Benefit PWB is charged per Rs.100/= Premium
Guaranteed Additions
Bonus
Rs.50/- per 1000 sum assured for the first 5 years
After 5 years the policy will participate in bonus provided the
policy is in
full force
Maturity Benefits Sum Assured + Guaranteed Additions + Bonus
Death Benefits
On death during first 5 policy years :Basic sum assured together
with
vested guaranteed addition of Rs.50/-per thousand sum assured
for
each completed year.
On death after first 5 years : Basic sum assured together with
vested
guaranteed addition of Rs.50/-per thousand sum assured per year
for
first 5 years and reversionary bonuses declared after the 5th
policy
year.
LoanAvailable after completion of one policy year provided
premiums have
been paid at least for 1/10th of the premium paying term subject
to a
minimum of one full year's premium
Critical Illness Benefit Available for age between 18 to 50
years. Max. risk available Rs.
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LIFE INSURANCE CORPORATION OF INDIA
Harish Chand
Delhi LIC Agent
PH. 09811896425, 09212201725
[email protected]
www.delhiLICagent.com
Jeevan Shree - 1 Plan Presentation
Jeevan Shree - I Plan Continued
Mode : Yearly Basic Premium :
10/02/2011Date :23Age :
Rs. 500000 Premium Term : 1220Term :Sum :
Mrs. SeemaName :
Assumed Bonus Rate :
Assumed LA Rate : 0 per 1000 Sum
44.00 per 1000 Sum
Total Rider Premium : Total Annual Premium :
Rs. 35329
Rs. 0
Interim Bonus Rate : 44
Sec. 80 CCE Inv. Limit : Rs. 100000 Sec. 80 CCE Tax Rebate :
33.99 %
*
0.00#Step Rate :
Rs. 35329
Insurance Facts
Year Age
Riskcover
Normal Accidental
Annual
Premium
Tax
Saved
Net
Premium
New Loan
Available
Total Loan
Available
00233211200835329525000525000232011
2900029000233211200835329550000550000242012
4675017750233211200835329575000575000252013
6700020250233211200835329600000600000262014
9025023250233211200835329625000625000272015
10925019000233211200835329647000647000282016
13775028500233211200835329669000669000292017
16975032000233211200835329691000691000302018
20600036250233211200835329713000713000312019
24700041000233211200835329735000735000322020
29300046000233211200835329757000757000332021
33925046250233211200835329779000779000342022
37150032250000801000801000352023
40800036500000823000823000362024
44950041500000845000845000372025
49650047000000867000867000382026
55425057750000889000889000392027
61875064500000911000911000402028
69050071750000933000933000412029
805000114500000955000955000422030
279852144096423948
The above statement is based on certain assumptions which
are
liable to change according to Government/Corporation's
policies.
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LIFE INSURANCE CORPORATION OF INDIA
Harish Chand
Delhi LIC Agent
PH. 09811896425, 09212201725
[email protected]
www.delhiLICagent.com
Jeevan Shree - 1 Plan Presentation
Jeevan Shree - I Plan Continued
Break Even Chart
Name :
Loan Interest Rate :
Date :
Sec. 80 CCE Tax Rebate :
Mrs. Seema
0.00 %
Premium Term : 12
Interest Rate for Re-investing Tax Saving :
Sum : 500000 20Term :
9.00 % 33.99 %
10/02/2011
Comp. Valueof Tax
TotalLiability
Tax savedon Interest
Pay. thru.Own Fund
PaymentThru. Loan
Interest onPrev. Loan
Nett PremiumLiabilityYear
2011 23321 0 23321 0 23321 0 0
2012 23321 0 23321 0 23321 0 0
2013 23321 0 23321 0 23321 0 0
2014 23321 0 23321 23321 0 0 0
2015 23321 2099 25420 25420 0 713 713
2016 23321 4387 27708 27708 0 1491 1491
2017 23321 6880 30201 30201 0 2339 2339
2018 23321 9598 32920 32920 0 3263 3263
2019 23321 12561 35882 35882 0 4270 4270
2020 23321 15791 39112 39112 0 5367 5367
2021 23321 19311 42632 42632 0 6564 65642022 23321 23148 46469
46469 0 7868 7868
2023 0 27330 27330 27330 0 9289 9289
2024 0 29789 29789 29789 0 10125 10125
2025 0 32470 32470 32470 0 11037 11037
2026 0 35393 35393 35393 0 12030 12030
2027 0 38578 38578 38578 0 13113 13113
2028 0 42050 42050 42050 0 14293 14293
2029 0 45835 45835 45835 0 15579 15579
2030 0 49960 49960 49960 0 16981 16981
2031 0 54456 54456 0 0 18510 18510
15283215283269963605070729489449636279852
The above statement is based on certain assumptions which
are
liable to change according to Government/Corporation's
policies.
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LIFE INSURANCE CORPORATION OF INDIA
Harish Chand
Delhi LIC Agent
PH. 09811896425, 09212201725
[email protected]
www.delhiLICagent.com
Jeevan Shree - 1 Plan Presentation
Jeevan Shree - I Plan Continued
500000
455000
Sum Assured
Bonus / Guaranteed Addition
Loyalty Addition
The above statement is based on certain assumptions which
are
liable to change according to Government/Corporation's
policies.
