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8/3/2019 rad1C5D0
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Sample Report For Demonstration Purpose Only
Harish Chand
205-206, C-Wing, Crystal Plaza,New Link Road,
Andheri(W), Mumbai - 400 053.
Tel: 4060 1000 Fax:4060 1226.
e-mail. [email protected]
Multi - Plan Chart
Date : 11/09/2010
Name
Wonder-Plan Quotation
Age
Chart DateQuotation No
Chart required upto
I. T. Slab
Loan Re-Investment Rate
Kuldeep
Ch04
30
11/09/2010
10.50%
11/09/2028
30.90%
8.00%Maturity/ S.B. proceeds Re-invt. Rate
Loan Interest Rate 9.00%
:
:
:
: :
:
:
:
:
11/09/1980Date of Birth :
30.90%Sec.80 CCE Tax Rebate100000Sec.80 CCE Inv. Limit : :
Sum
M
d A/c
Basic
Premium
Ma t
Date
Assu
Bonus
Rate
Assu
Step
Rate
Installment
Premium
Sr.
No
Annual
PremiumYearPlan/Tm/
Prem. Tm Plan Name
Interim
Bonus
Rate
* #
1 Jeevan Chhaya 400000 42 0.00 2154 11/09/282187 262442010
103/18/18 42M
p.a.2187400000 262442154Total :
Rider Details
Total
Premium Pd.
Annual
Premium
Rider
Term
Rider
Sum
Plan/Tm/
Prem. Tm
Sr .
No
Prem.
Term
Instal lment
Premium
Rider Name
Year
33181 18400000Double Accident Benefit 7128103/18/182010 396
33 396 7128400000Total :
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-2010
** 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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8/3/2019 rad1C5D0
2/4
Sample Report For Demonstration Purpose Only
Harish Chand
205-206, C-Wing, Crystal Plaza,New Link Road,
Andheri(W), Mumbai - 400 053.
Tel: 4060 1000 Fax:4060 1226.
e-mail. [email protected]
Multi - Plan Chart
Insurance Facts
Name
Age
Kuldeep
30
11/09/2010Chart DateQuotation No
Chart required upto
I. T. Slab
Ch04
11/09/2028
30.90%:
:
:
:
:
:
Date of Birth : 11/09/1980
Age Accident
Annual
Premium
Tax
Saved
Nett
Premium
Returns
From L.I.C.
New Loan
Available
Total Loan
Available
Risk Cover
NormalYear
30 400000 800000 26244 8109 18135 02010 0 0
31 400000 800000 26244 8109 18135 02011 0 0
32 400000 800000 26244 8109 18135 02012 14000 14000
33 400000 800000 26244 8109 18135 02013 23500 37500
34 400000 800000 26244 8109 18135 02014 15250 52750
35 400000 800000 26244 8109 18135 02015 19500 72250
36 400000 800000 26244 8109 18135 02016 21750 94000
37 400000 800000 26244 8109 18135 02017 24750 118750
38 400000 800000 26244 8109 18135 02018 28750 147500
39 400000 800000 26244 8109 18135 02019 27500 175000
40 400000 800000 26244 8109 18135 02020 25250 200250
41 400000 800000 26244 8109 18135 02021 42500 242750
42 400000 800000 26244 8109 18135 02022 39250 282000
43 400000 800000 26244 8109 18135 02023 45000 327000
44 400000 800000 26244 8109 18135 02024 54000 381000
45 400000 800000 26244 8109 18135 1000002025 156750 437750
46 400000 800000 26244 8109 18135 1000002026 161250 499000
47 400000 800000 26244 8109 18135 1000002027 163250 562250
48 0 0 0 0 0 4464002028 0 0
472392 145962 326430 746400Total :
The above statement is based on certain assumptions which
are
liable to change according to Government/ Corporation's
policies.
-
8/3/2019 rad1C5D0
3/4
Sample Report For Demonstration Purpose Only
Harish Chand
205-206, C-Wing, Crystal Plaza,New Link Road,
Andheri(W), Mumbai - 400 053.
Tel: 4060 1000 Fax:4060 1226.
e-mail. [email protected]
Multi - Plan Chart
Returns Re-Investment Chart
Quotation No : Ch04
The growth of the returns received from L.I.C., if timely
invested @ 8.00 % under any sec. 80 CCE scheme, will
be as follows :-
Interest
Earned
Tax
Saved
Amount
InvestedYear
Investment
Growth
Net Value as
on 2028
Tax On
Interest
2025 100000 22791 25971 125971 1.250
2026 100000 22791 16640 116640 1.160
2027 100000 22791 8000 108000 1.080
2028 446400 30900 0 446400 1.000
5061199273746400 797011Total :
The above statement is based on certain assumptions which
are
liable to change according to Government/ Corporation's
policies.
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8/3/2019 rad1C5D0
4/4
Sample Report For Demonstration Purpose Only
Harish Chand
205-206, C-Wing, Crystal Plaza,New Link Road,
Andheri(W), Mumbai - 400 053.
Tel: 4060 1000 Fax:4060 1226.
e-mail. [email protected]
Multi - Plan Chart
Rs.
Rs.
Rs.
Rs.
145962
472392
800000
400000
Less : Tax saved on premium
Total Premium paid
Maximum Risk Cover enjoyed (Accidental)
Maximum Risk Cover enjoyed (Normal)
:
:
:
:
:
: 30.90%
11/09/2028
Ch04
I. T. Slab
Chart required upto
Quotation No Chart Date 11/09/2010
30
Kuldeep
Age
Name
Summary of Proposed Insurance
Date of Birth : 11/09/1980
99273Less : Tax saved through returns re-investmen Rs.
Nett Premium paid
Proceeds from LIC by way of Maturity / Sur. Bens
227157
746400
Rs
Rs.
Nett in hand as on 2028 Rs. 797011
Compounded Value of LI C proceeds @ 8.00 % by 202
Additional Gain throu gh Loan re-cycling @ 10.50 %
Rs.
Rs.
797011
0
Tax Payable
Nett after tax Payable
Rs.
Rs.
0
746400
Yield on Investments 8.78 %
Assumptions
--> Premium payments will save tax.
--> Returns will be Re-invested in Section 80 CCE
schemes.
--> Gains on Returns Re-investments will not be taxed.
--> Gains on Loans Re-investments will be taxed.
The above statement is based on certain assumptions which
are
liable to change according to Government/ Corporation's
policies.
