Is it true for financial decisions??
Safety of investmentsGuaranteed
ReturnsHigher Protection
Great Flexibility
Where will I get all this
without compromise?
???
Historically people have invested in…
Instrument % of Investme
nt
Duration in Years
Pre Tax Return
Tax Treatment
Post Tax Return
Fixed Deposit 40% 5 8.5% Taxable Interest
5.95%
Life Insurance 15% 5 - 30 6%-10% Tax Free 6% - 10%
Post Office Instruments
17%
5 7.5% - 8% Taxable Interest
5.25% - 5.6%
National Savings
Certificate
6 8% Taxable Interest
5.6%
PPF 14% 15 8.5% Tax Free 8.5%
Others 14% 1-10Yrs Varies Taxable Varies
However majority with a compromise!!
No flexibility !No protection!
Complete Financial Solution without compromise !!
Instrument % of Investme
nt
Duration in Years
Pre Tax Return
Tax Treatment
Post Tax Return
Fixed Deposit 40% 5 8.5% Taxable Interest
5.95%
Life Insurance 15% 5 - 30 6%-10% Tax Free 6% - 10%
Post Office Instruments
17%
5 7.5% - 8% Taxable Interest
5.25% - 5.6%
National Savings
Certificate
6 8% Taxable Interest
5.6%
PPF 14% 15 8.5% Tax Free 8.5%
Others 14% 1-10Yrs Varies Taxable Varies
Safety of investments
Guaranteed Returns
Higher Protection
Great Flexibility
Life Insurance
Life Insurance
Life Gain PlusA Traditional, participating plan…offering…
…So that you can enjoy a long holiday called…Life!
Safety of investments
Guaranteed Returns
Higher Protection
Great Flexibility
A Perfect Solution for Life’s Holiday!!
Safety of investments
Guaranteed Returns
Higher Protection
Great Flexibility
–Investment Pattern as regulated by IRDA–Investment Pattern as regulated by IRDA
–Guaranteed addition at maturity …110% of SA on maturity–Guaranteed addition at maturity …110% of SA on maturity
–Double Death Benefit - After 5 years – Double SA + Bonuses., Within 5 years – SA + Bonuses
–Riders for enhanced protection
–Double Death Benefit - After 5 years – Double SA + Bonuses., Within 5 years – SA + Bonuses
–Riders for enhanced protection
–To choose tenor and
–Option to pay premiums in Limited payment period and,
–To switch between different bonus options
–To choose tenor and
–Option to pay premiums in Limited payment period and,
–To switch between different bonus options
Safety of Investment - Investment strategy for traditional products
In line with IRDA Investment guidelines for traditional products!
Guaranteed Returns – Maturity Benefit
First premium
Issue of policy – Year 0
Premiums Paid:Rs 300,000
Maturity values:• Guaranteed MB -
Rs. 4,41,943• Non Guaranteed @ 6% -
Rs. 6,27,656• Non Guaranteed @ 10% -
Rs.10,76,410
Premium payment tenor – 15 years
Male age 30, Premium 20,000, PPT 15 yrs and Term 25 yrs
Guaranteed Maturity
110% of Sum
Assured
Sum Assured Rs. 4,01,766
Sum Assured Rs. 4,01,766
Maturity of policy – Year 25
SA with accrued bonus at the end of 25th Year
Guaranteed Addition – 10% of SA
+
Higher Protection – On Death….
Sum Assured Rs. 4,01,766
Sum Assured Rs. 4,01,766
Sum Assured Rs. 8,03,532
Sum Assured Rs. 8,03,532
Death at 10 years
SA + accrued bonusesSA + accrued bonuses
Death after 5 years –
Double SA + accrued bonuses
Death after 5 years –
Double SA + accrued bonuses
Double SA with accrued
bonuses on Death after 5 years of policy in force
Issue of policy – Year 0
Maturity of policy – Year 25
Death within 5 years
Guaranteed
Rs. 8,03,532
Non Guaranteed
•@ 6% - Rs. 8,33,818
•@ 10% - Rs.8,88,152
Male age 30, Premium 20,000, PPT 15 yrs and Term 25 yrs
Higher Protection – On Death & Sickness
Rider Options:
• PAB
• Term Rider
• DD Rider
• WOP Rider
• Term R&C Rider
Inbuilt Protection:
• Terminal Illness coverage- up to 50% of SA paid upfront on diagnosis of a terminal illness.
Higher Flexibility
• Option to Choose Policy Term basis your life stage milestone:
– 20 Years or
– 25 Years
• Pay while your earning are higher - Limited Premium Payment option
– 10 Years PPT for 20 Year Term
– 10/15 Years PPT for 25 Year Term
• To switch between different bonus options
– Cash
– Premium Offset
– Paid up addition(PUA)
Customers have the flexibility to switch between bonus options
Flexibility - Bonuses Provide a Wide Array of Choice…
• Cash: take the amount of bonus declared as cash
• Premium Offset : the bonus amount can be used to adjust against future premiums payable
• Paid Up Additions: – The bonus amount can be used to purchase
PUA– Whereby the Sum Assured will increase the
insurance cover every year and add to base coverage
– PUA’s are participating in nature and generate further bonuses
– Can Be separately surrendered if customer wants to access the cash value of these PUA’s
SPECIAL
Life Gain Plus – Bonus declared in 2010
Age Bonus Projection @ 6%
Bonus Projection @
10%
Cash Bonus Per Rs. 1000 SA
25 4.57 11.87 7.669
30 4.69 12.21 7.884
35 4.93 12.82 8.277
40 5.27 13.70 8.850
Life Gain Plus - Plan Details
Entry age (years) 18
Max Entry age (years)
Term 20 - 55 Yrs : Term 25 - 50 Yrs
Maximum maturity age (years)
75
Policy term 20,25 years
Premium payment term
20 - 10 pay25 - 10/15 pay
Min Sum Assured (Rs)
50000
Max Sum assured (Rs)
No Limit
Riders allow ed PAB,Term, Term R&C, DD,WOP
Living benefitsSum assured w ith guaranteed additions &
accrued bonus
Death benefits
Policy in force < 5yrsSum assured
Policy in force > 5yrsDouble of Sum assured
Others benefitsGuaranteed 10% addition
Bonus once declared, is guaranteed
For details refer to product brochure.. For details refer to product brochure..
• Tax deduction u/s 80C- On premium paid up to a maximum limit of Rs 1 Lac
• u/s 10(10D)- Tax Free proceeds (maturity& survival benefits)
Tax Benefit
Client – Prospect talk points
Hope you have started planning for
your future savings?
Your son/daughter is growing up.
Wouldn’t you want to create some
financial assets for their future
needs?
Diversify your investments: Enjoy
the guarantee return available with LGP
Daily consumption items are becoming expensive…we suggest you build a financial buffer to meet unforeseen circumstances.
A Quick Re – Cap for Life’s Holiday!!
Safety of investments
Guaranteed Returns
Higher Protection
Great Flexibility
–Investment Pattern as regulated by IRDA–Investment Pattern as regulated by IRDA
–Guaranteed addition at maturity …110% of SA on maturity–Guaranteed addition at maturity …110% of SA on maturity
–Double Death Benefit - After 5 years – Double SA + Bonuses., Within 5 years – SA + Bonuses
–Riders for enhanced protection
–Double Death Benefit - After 5 years – Double SA + Bonuses., Within 5 years – SA + Bonuses
–Riders for enhanced protection
–To choose tenor and
–Option to pay premiums in Limited payment period and,
–To switch between different bonus options
–To choose tenor and
–Option to pay premiums in Limited payment period and,
–To switch between different bonus options
Life Gain Plus- Suitable for a Lifetime
A young couple 25 to A young couple 25 to 40 years of age40 years of age
People Over 40People Over 40
Easy, Happy & Tension freeEasy, Happy & Tension freeOld AgeOld Age
LGP - For the age group of 25 -40
• Long term coverage and a plan that gives compounded bonus• Supplements the investments you currently have, provides additional tax benefits• Money on maturity can be used for various purposes:
• Payment towards a housing loan• Further education of children• Marriage• Holiday
• On a conservative note at 10%,By age 53, the total cash value of the fund is Rs10,32,789./-• Cash value of the bonus can supplement Money backs to meet bigger money needs. • In case of demise spouse can utilize money as capital annuity /pension• As and when required the cash option for bonus can be exercised.
AGE: 33
S.A Rs.3,57,450
Annual Premium: Rs.25,000
Policy term=20 yrs and PPT=10 yrs
Bonus Option: PUAPUA
AGE: 33
S.A Rs.3,57,450
Annual Premium: Rs.25,000
Policy term=20 yrs and PPT=10 yrs
Bonus Option: PUAPUA
You pay Rs 2.5 lacs in 10 yrs and you get back Rs10.32 lacs
in 20 yrs
Mr Kamal and FamilyMr Kamal and FamilySalaried: Marketing ManagerSalaried: Marketing Manager
Mr Kamal and FamilyMr Kamal and FamilySalaried: Marketing ManagerSalaried: Marketing Manager
LGP- For the age group of 41-55
• Long term coverage and a plan that gives compounded bonus• Supplements the investments you currently have, provides additional tax benefits• Money on maturity can be used for various purposes
RETIREMENT
• On a conservative note at 10%,By age 63, the total cash value of the fund is Rs.9,67,863 /-• Cash value of the bonus can supplement Money backs to meet bigger money needs.• In case of demise spouse can utilize money as capital annuity /pension• As and when required the cash option for bonus can be exercised.
AGE: 43
S.A Rs.3,97,906
Annual Premium: Rs. 35,000
Policy term=20 yrs and PPT=10 yrs
Bonus Option: PUAPUA
AGE: 43
S.A Rs.3,97,906
Annual Premium: Rs. 35,000
Policy term=20 yrs and PPT=10 yrs
Bonus Option: PUAPUA
You pay Rs 3.5 lacs in 10 yrs and you get back Rs. 9.67 lacs
in 20 yrs
Mr AnilMr AnilCollege ProfessorCollege Professor
Mr AnilMr AnilCollege ProfessorCollege Professor