NANDAGOPAL.S.V

WE ARE ONE OF THE LEADING INSURANCE & INVESTMENT CONSULTANT IN COIMBATORE

SINCE 200099949 10202, 94431 86864,83000 20102

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LIC’s JEEVAN SANGAM(PLAN – 831)

UIN – 512N295V012

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9994910202

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om

A Close Ended plan for a Maximum Period of 90 Days from 04.03.2015

A Single Premium PlanA Non Linked, With Profit Plan which

provides high level of Death cover during the term of policy

Term 12 Years OnlyPremium based on Maturity Sum Assured

Chosen3

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Guarantee on Your Money InvestedGuarantee of Attractive & Assured

ReturnsGuarantee of 10 Times Risk cover on

the Invested MoneyGuarantee on Income Tax Benefits100 % safe & secure by Government

of india4

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ELIGIBILITY CONDITIONS

Minimum Age at Entry – 6 Years (Completed)

Maximum Age at Entry – 50 Years (N B D)

Policy Term – 12 Years

Mode – SINGLE

Minimum MSA – Rs.75,000 (in multiples of Rs.10,000)Maximum MSA – No Limit

Date of Commencement of RISK - In case of the age at entry of the Life

assured is less than 8 years nearer Birthday, the Risk will commence from one day before the Policy anniversary coinciding with or immediately following the age of 8 Years(nbd).

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MATURITY BENEFITS

Maturity Benefit (at the end of 12th Year) – MSA + Loyalty Addition

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DEATH BENEFIT• On Death during First 5 Policy Years – - Before the Date of Commencement of Risk Refund of Single Premium without Interest - After the Date of Commencement of Risk Basic S.A (ie) 10 Times Tabular Single Premium

• On Death during the Policy term after Completion of 5 Years

Basic Sum Assured (ie) 10 times Tabular Single Premium shall be Payable along with Loyalty Addition

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REBATEHIGH MATURITY SUM ASSURED

Maturity SUM ASSURED REBATE (Rs.)Below Rs.2,00,000 nil2,00,000 to 3,90,000 Rs.15.004,00,000 & Above Rs. 20.00

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Example Maturity Sum Assured - 500000

AGE PREMIUM

(without S.Tax) DEATH BENEFIT

 6  223050 23,30,500

8 225657 23,56,750

18 231875 24,18,750

30 238775 24,87,750

40 273675 28,36,750

50 486050 49,60,50010

Example Maturity Sum Assured - 500000

AGE PREMIUM(with S.Tax) DEATH BENEFIT

 6  229943 23,30,500

8 232649 23,56,750

18 239040 24,18,750

30 246154 24,87,750

40 282132 28,36,750

50 501069 49,60,50011

Example Maturity Sum Assured - 75000

AGE PREMIUM(with S.Tax) DEATH BENEFIT

 6  36038  349575

8 36444 353513

18 37403 362813

30 38470 373163

40 43867 425513

50 76707 74407512

SURRENDER VALUE• Policy can be Surrendered at any time

during the policy term• Guaranteed Surrender Value - Ist Yr – 70% of S.P excluding extra & Tax - Thereafter – 90% of S.P excluding extra

premium & taxe, Survival Benefits if paid earlier

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LOAN• Loan facility available during the Policy Term

after 3 Months of the Policy Issuance

POLICY YEARMax Loan as a % of S.VFor Age at entry <=45

Max Loan as a % of S.VFor Age at entry >45

3 Months TO 3 rd Yr 55% 40%

4 TO 6 70% 45%7 TO 9 80% 65%

10 TO 12 90% 90%

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Optional Benefits

• Back dating available

• ASSIGNMENT Available

• Nomination Available

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TAX BENEFITS• Premium paid qualify for rebate under sec

80C

• Maturity proceeds are tax free under sec 10(10)(D)

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Example – Scenario 1without any L.A, any Additions, or

RebateAGE 30 YearsMaturity Sum Assured 5,00,000Investment (with s.tax) 2,46,154Profit (500000 – 246154) for 12 years

2,53,846

Profit for 1 Year (253846/ 12) 21,154(Simple) Interest Earned(21154/ 246154 x 100) = 8.59%

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Example – Scenario 2AGE 30 YearsMaturity Sum Assured 5,00,000Investment (with s.tax) 2,46,154Less premium for S.A-25,00,000. Single premium for Term plan Amulya jeevan is 45000/-. ( 246154 – 45000 = 201154 )

2,01,154

Profit (500000 – 201154) for 12 years

2,98,846

Profit for 1 Year (298846 / 12) 24904(Simple) Interest Earned(24904 / 258369 x 100) = 10.11%

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Example – Scenario 3ONLY with LA of Rs.10/1000

AGE 30 YearsMaturity Sum Assured 5,00,000Investment (with s.tax) 2,46,154For Loyalty Addition @ 10/- per 1000 every Year, ( 10 / 1000 x 500000 x 12 yrs = 60000)500000 + 60000 = 5,60,000 5,60,000Profit (560000 – 246154) for 12 years 3,13,846Profit for 1 Year (313846 / 12) 26154(Simple) Interest Earned(26154 / 246154 x 100) = 10.63%

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Example – Scenario 4AGE 30 YearsMaturity Sum Assured 5,00,000Investment (with s.tax) 2,46,154Less premium for S.A-25,00,000. Single premium for Term plan Amulya jeevan is 45000/-. ( 246154 – 45000 = 201154 ) 2,01,154For Loyalty Addition @ 10/- per 1000 every Year, ( 10 / 1000 x 500000 x 12 yrs = 60000)500000 + 60000 = 5,60,000 5,60,000Profit (560000 – 201154) for 12 years 3,58,846Profit for 1 Year (358846 / 12) 29904(Simple) Interest Earned(29904 / 246154 x 100) = 12.14%

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Example – Scenario 5AGE 30 YearsMaturity Sum Assured 5,00,000Investment (with s.tax) 2,46,154Less premium for S.A-25,00,000. Single premium for Term plan Amulya jeevan is 45000/-. ( 246154 – 45000 = 201154)

2,01,154

If I.T Rebate is taken only for increased from 1 Lac to 1.5 Lac,By taking excess of (150000 – 100000) 50000 @ 20%50000 x 20% = 10,000.. ( 201154 – 10000 = 191154)

191154

For Loyalty Addition @ 10/- per 1000 every Year, ( 10 / 1000 x 500000 x 12 yrs = 60000)500000 + 60000 = 5,60,000

5,60,000

Profit (560000 – 191154) for 12 years 368846Profit for 1 Year (368846 / 12) 30737(Simple) Interest Earned (30737 / 246154 x 100) = 12.48%

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THANK YOU22