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LIFE INSURANCE CORPORATION OF INDIA
Harish Chand
IRDA Authorised Insurance Advisor
PH. 09811896425, 09212201725
www.delhiLICagent.com
Multi - Plan Chart
Date : 26/03/2011
Name
Wonder-Plan Quotation
Age
Chart DateQuotation No
Chart required upto
I. T. Slab
Loan Re-Investment Rate
GAURAV
CHILDFURU1
0
26/03/2011
0.00%
26/03/2040
33.99%
0.00%Maturity/S.B. proceeds Re-invt. Rate
Loan Interest Rate 9.00%
:
:
:
: :
:
:
:
:
26/03/2011Date of Birth :
33.99%Sec.80 CCE Tax Rebate100000Sec.80 CCE Inv. Limit : :
Sum
M
d A/c
Basic
Premium
Mat
Date
Assu
Bonus
Rate
Assu
Step
Rate
Installment
Premium
Sr.
No
Annual
Premium YearPlan/Tm/
Prem. Tm Plan Name
Interim
Bonus
Rate
* #
1 Child Future Plan 2000000 42 0.00 100076 26/03/34103018 1030182011 185/23/18 42 Y
p.a.1030182000000 103018100076Total :
Rider Details
Total
Premium Pd.
Annual
Premium
Rider
Term
Rider
Sum
Plan/Tm/
Prem. Tm
Sr.
No
Prem.
Term
Installment
Premium
Rider Name
Year
2942181 18100076Premium Waiver Benefit 52956185/23/182011 2942
2942 2942 52956100076Total :
1.
2. '#' : - Assuming that bonus rate declared by LIC will increase/decrease per year by step rate mentioned above.
'*' : - Assuming LIC will declare the above mentioned bonus rates for the year ended 31-Mar-2011
** If premiums paid during the year for any policy exceeds 20% of Sum Assured then Maturity proceeds will be taxable and
eligible amount for section 80 CCE rebate will be restricted to 20% of Sum Assured.
3.
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
IRDA Authorised Insurance Advisor
PH. 09811896425, 09212201725
www.delhiLICagent.com
Multi - Plan Chart
Insurance Facts
Name
Age
GAURAV
0
26/03/2011Chart DateQuotation No
Chart required upto
I. T. Slab
CHILDFURU1
26/03/2040
33.99%:
:
:
:
:
:
Date of Birth : 26/03/2011
Age Accident
Annual
Premium
Tax
Saved
Net
Premium
Returns
From L.I.C.
New Loan
Available
Total Loan
Available
Risk Cover
NormalYear
0 100076 100076 103018 33990 69028 02011 0 0
1 200152 200152 103018 33990 69028 02012 0 0
2 300228 300228 103018 33990 69028 02013 0 0
3 400304 400304 103018 33990 69028 02014 0 0
4 500380 500380 103018 33990 69028 02015 0 0
5 2504000 2504000 103018 33990 69028 02016 0 0
6 2588000 2588000 103018 33990 69028 02017 0 0
7 2672000 2672000 103018 33990 69028 02018 0 0
8 2756000 2756000 103018 33990 69028 02019 0 0
9 2840000 2840000 103018 33990 69028 02020 0 0
10 2924000 2924000 103018 33990 69028 02021 0 0
11 3008000 3008000 103018 33990 69028 02022 0 0
12 3092000 3092000 103018 33990 69028 02023 0 0
13 3176000 3176000 103018 33990 69028 02024 0 0
14 3300000 3300000 103018 33990 69028 02025 0 0
15 3394000 3394000 103018 33990 69028 02026 0 0
16 3488000 3488000 103018 33990 69028 02027 0 0
17 3582000 3582000 103018 33990 69028 02028 0 0
18 3696000 3696000 0 0 0 5000002029 0 0
19 3820000 3820000 0 0 0 2000002030 0 0
20 3964000 3964000 0 0 0 2000002031 0 0
21 4148000 4148000 0 0 0 2000002032 0 0
22 4432000 4432000 0 0 0 2000002033 0 0
23 2000000 2000000 0 0 0 34320002034 0 0
24 2000000 2000000 0 0 0 02035 0 0
25 2000000 2000000 0 0 0 02036 0 0
26 2000000 2000000 0 0 0 02037 0 0
27 2000000 2000000 0 0 0 02038 0 0
28 2000000 2000000 0 0 0 02039 0 0
29 2000000 2000000 0 0 0 02040 0 0
1854324 611820 1242504 4732000Total :
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
IRDA Authorised Insurance Advisor
PH. 09811896425, 09212201725
www.delhiLICagent.com
Multi - Plan Chart
Rs.
Rs.
Rs.
Rs.
611820
1854324
4432000
4432000
Less : Tax saved on premium
Total Premium paid
Maximum Risk Cover enjoyed (Accidental)
Maximum Risk Cover enjoyed (Normal)
:
:
:
:
:
: 33.99%
26/03/2040
CHILDFURU1
I. T. Slab
Chart required upto
Quotation No Chart Date 26/03/2011
0
GAURAV
Age
Name
Summary of Proposed Insurance
Date of Birth : 26/03/2011
Net Premium paid
Proceeds from LIC by way of Maturity / Sur. Bens.
1242504
4732000
Rs.
Rs.
Net in hand as on 2040 Rs. 4732000
Compounded Value of LIC proceeds @ 0.00 % by 2040
Additional Gain through Loan re-cycling @ 0.00 %
Rs.
Rs.
4732000
0
Tax Payable
Net after tax Payable
Rs.
Rs.
0
4732000
Yield on Investments 9.59 %
Assumptions
--> Premium payments will save tax.
--> Returns will not be Re-invested in Section 80 CCE schemes.
--> Gains on Returns Re-investments will not be taxed.
--> Gains on Loans Re-investments will not be taxed.
The above statement is based on certain assumptions which are
liable to change according to Government/Corporation's policies.
