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Presented by

[email protected]

PH. 09811896425, 09212201725

Delhi LIC Agent

LIFE INSURANCE CORPORATION OF INDIA

Harish Chand

Insurance Proposal for

from age 55 to 65

for Annual Income of Rs. 190000/-

Mr. Kumar Gaurav

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Magic-Plan Retire & Enjoy is a combination of LIC plans specially researched to meet the objective of securing a financially

independent life for yourself and your spouse on retirement.u

Overview of Insurance & Retirement Plan for

Mr. Kumar Gaurav

The objective of this proposal is to provide financial security to your family during your

productive span and a happy independent retired lifestyle for yourself and your spouse

when you decide to retire.

Under this insurance proposal you will need to make

premium payments ofRs.31532/- p.a. from your own

funds till your age of54 years. This proposal provides for

a high riskcover ofRs.1149500/- starting at age 26 and

growing to Rs.3371500/- at age 55.

In the year 2040 when you will be 55 years of age, you

will start receiving annual tax free income every year till

65 years of your age. Income starts at Rs.287940 per

annum and increases by approximately 0.00 % every

year to take care of inflating costs of living. There is a

provision of risk cover during this period too. In case ofdeath during this period lump sum amount corresponding

to the prevailing risk cover will be paid to your nominee.

No premiums are payable from own fund after deferment

period, that is, after age 54.

Premiums are available for exemption under sec.80 CCE of

income tax act upto Rs.100000/- per annum.

In the event of any emergency or financial difficulties,

there is a provision under this Magic Plan to provide loan

against the insurance policy. The loan is available after 2

years of completion of the policy and payment of 3 yearly

premiums.

Disclaimer

The benefits shown in this presentation have been calculated on the basis of interim bonuses declared by LIC for the year

ended 31-Mar-2010. Actual results may deviate depending on the future bonuses declared by LIC.

Loan calculation is done on the basis of present surrender value rates.

u

Presented by

www.delhiLICagent.com

[email protected]

PH. 09811896425, 09212201725

Delhi LIC Agent


Harish Chand

The effective yield in the above proposal works out to 9.14 % (calculated as per IRR method).

u

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Harish Chand

Delhi LIC Agent

PH. 09811896425, 09212201725

[email protected]


MagicPlan - Retire And Enjoy - II

Quotation Ref.No.

Proposers Name Proposers Age

Quotation Date

(nearer birthday)26Mr. Kumar Gaurav

11/02/2011Kgaurav

Sum Proposed 31532Yearly Premium1100000

:

:

:

:

:

:

Sec.80 CCE Tax RebateSec.80 CCE Invt. Lmt. 33.99 %100000:

:

Benefits During Deferment Period

Year Age

Risk Cover Yearly

Premium

Tax

Saved

Net

Premium

Loan

AvailableAccidentNormal

2011 26 1149500 31532 2081510717 01649500

2012 27 1199000 31532 2081510717 01699000

2013 28 1248500 31532 2081510717 115001748500

2014 29 1298000 31532 2081510717 347501798000

2015 30 1347500 31532 2081510717 482501847500

2016 31 1397000 31532 2081510717 632501897000

2017 32 1446500 31532 2081510717 805001946500

2018 33 1496000 31532 2081510717 995001996000

2019 34 1545500 31532 2081510717 1207502045500

2020 35 1595000 31532 2081510717 1450002095000

2021 36 1644500 31532 2081510717 1717502144500

2022 37 1694000 31532 2081510717 2017502194000

2023 38 1743500 31532 2081510717 2350002243500

2024 39 1793000 31532 2081510717 2722502293000

2025 40 1853500 31532 2081510717 3130002353500

2026 41 1908500 31532 2081510717 3585002408500

2027 42 1963500 31532 2081510717 4090002463500

2028 43 2018500 31532 2081510717 4632502518500

2029 44 2073500 31532 2081510717 5257502573500

2030 45 2134000 31532 2081510717 5940002634000

2031 46 2194500 31532 2081510717 6670002694500

2032 47 2277000 31532 2081510717 7477502777000

2033 48 2403500 31532 2081510717 8340002903500

2034 49 2541000 31532 2081510717 9297503041000

2035 50 2700500 31532 2081510717 10335003200500

2036 51 2860000 31532 2081510717 11500003360000

2037 52 3030500 31532 2081510717 12792503530500

2038 53 3201000 31532 2081510717 14232503701000

2039 54 3371500 31532 2081510717 15837503871500

914428 603635310793

* The above projection is based on assumptions enumerated on the page titled "Benefits during the Retirement Period".

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Harish Chand

Delhi LIC Agent

PH. 09811896425, 09212201725

[email protected]



Quotation Ref.No.


Quotation Date

(nearer birthday)26Mr. Kumar Gaurav

11/02/2011Kgaurav


:

:

:

:

:

:

33.99 %:100000: Sec.80 CCE Tax RebateSec.80 CCE Invt. Lmt.

Benefits during the Retirement Period

Year Age

Risk Cover

Returns From LIC

YearlyPremium

AmountReceived

Used forPrem. Pymt.

LoanAvailable

NetReceivable

TaxSaved

NetPremiumAccidentNormal

DesiredIncome

2040 55 3350000 18560 28794028116 306500 15527509556 185603850000 190000

2041 56 3345500 16401 30859924845 325000 15110008444 164013845500 190000

2042 57 3292000 14328 33517221705 349500 14575007377 143283792000 190000

2043 58 3224500 12338 36166218691 374000 13925006353 123383724500 190000

2044 59 3038000 10429 39307115799 403500 13145005370 104293538000 190000

2045 60 2812500 8590 41441013013 423000 12207504423 85903312500 190000

2046 61 2568000 6752 43574810229 442500 11122503477 67523068000 190000

2047 62 2274500 4978 4620227542 467000 9817502564 49782774500 190000

2048 63 1942000 3265 4882354947 491500 8305001682 32652442000 190000

2049 64 1550500 1607 5193932435 521000 653750828 16072050500 190000

2050 65 1100000 0 5505000 550500 4455000 01600000 190000

147322 4654000 97248 4556752

u Magic-Plan Retire & Enjoy is a combination of LIC plans specially researched to meet the objective of securing a financiallyindependent life for yourself and your spouse on retirement.

u

u

The benefits shown in this presentation have been calculated on the basis of interim bonuses declared by LIC for the year

ended 31-Mar-2010 . Actual results may deviate depending on the future bonuses declared by LIC.

Loan calculation is done on the basis of present surrender value rates.

u The Riskcover of Rs. 1,100,000.00 will continue till life time.The effective yield in the above proposal works out to 9.14 % (calculated as per IRR method).

u IRR does not consider the death benefit after age 65.

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Harish Chand

Delhi LIC Agent

PH. 09811896425, 09212201725

[email protected]



Quotation Ref.No.


Quotation Date

(ANB)26Mr. Kumar Gaurav

11/02/2011Kgaurav

Sum Proposed 1100000

:

:

:

:

:

Benefits After Retirement Age

AccidentNormalAge

Risk Cover

Loan AvailableCash ValueYear

2051 66 1100000 1600000 512820 4620002052 67 1100000 1600000 529980 475750

2053 68 1100000 1600000 547140 492250

2054 69 1100000 1600000 564300 508750

2055 70 1100000 1100000 581350 522500

2056 71 1100000 1100000 598290 539000

2057 72 1100000 1100000 615120 552750

2058 73 1100000 1100000 631730 569250

2059 74 1100000 1100000 648120 583000

2060 75 1100000 1100000 664180 596750

2061 76 1100000 1100000 680020 613250

2062 77 1100000 1100000 695640 627000

2063 78 1100000 1100000 710820 640750

2064 79 1100000 1100000 725780 654500

2065 80 1100000 1100000 740300 665500

2066 81 1100000 1100000 754380 679250

2067 82 1100000 1100000 768130 690250

2068 83 1100000 1100000 781440 704000

2069 84 1100000 1100000 794310 715000

2070 85 1100000 1100000 806850 726000

2071 86 1100000 1100000 818840 737000

2072 87 1100000 1100000 830500 748000

2073 88 1100000 1100000 841720 756250

2074 89 1100000 1100000 852940 767250

2075 90 1100000 1100000 863720 778250

2076 91 1100000 1100000 874720 786500

2077 92 1100000 1100000 885610 797500

2078 93 1100000 1100000 896830 808500

2079 94 1100000 1100000 911130 819500

2080 95 1100000 1100000 923670 830500

2081 96 1100000 1100000 947430 852500

2082 97 1100000 1100000 970640 874500

2083 98 1100000 1100000 1024100 921250

2084 99 1100000 1100000 1062050 957000

2085 100 1100000 1100000 0 0

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Harish Chand

Delhi LIC Agent

PH. 09811896425, 09212201725

[email protected]



Quotation Ref.No.

Proposers Name Proposers DOB

Quotation Date

Mr. Kumar Gaurav

11/02/2011Kgaurav


:

:

:

:

:

:

Age : 26 (ANB)29/08/1984

33.99 %:100000: Sec.80 CCE Tax RebateSec.80 CCE Invt. Lmt.

Agent's Copy

Yly.Hly.

P R E M I U M

Qly.Mly.SSSFAB

* Bonus

Rate

DAB

SumSumPlan/Tm/PPT

Sr.

No.

#Assu

Step

Rate

Interim

Bonus

Rate

341617358813092947600100000149/29/291 0.004545

327116618442962819000100000149/30/302 0.004545

3140159581028427011000100000149/31/313 0.004545

3014153177727325913000100000149/32/324 0.004545

2892146974626224915500100000149/33/335 0.004545

2786141571925224017000100000149/34/346 0.004545

278414137172512391850100000100000149/35/357 0.004545

268713646922422312050100000100000149/36/368 0.004545

259513176692342232250100000100000149/37/379 0.004545

251212766472272162500100000100000149/38/3810 0.004545

243512366272202092750100000100000149/39/3911 0.004545

31532160128129285027115000001100000

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

'*' : - Assuming LIC will declare the above mentioned bonus rates for the year ended 31-Mar-2011.1.

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