Prepared By

Ph:
Email:
This is proposed to abc

Proposer Details
Name abc
Age 12
Plan Name 836-Jeevan Labh
Sum Assured 710000
Policy Term 16
Prem Paying Term 10
Double Accidental Benefit yes
Term Rider 0

First Year Premium

Premium GST(4.5%) Payable Prem
YLY 58186 2618 60804
HLY 29394 1323 30717
QLY 14848 668 15516
MLY 4949 223 5172
2nd year onwards
Premium GST(2.25%) Payable Prem
YLY 58186 1309 59495
HLY 29394 661 30055
QLY 14848 334 15182
MLY 4949 111 5060

Save Rs.163 per day for 10 yrs, and

get a bulk amount of Rs.1216230 at
Age:28
Year Age Premiu Natural Accidntl Returns Surrendr Loan
m

2019 12 60804 740530 740530 0 0 0

2020 13 59495 771060 771060 0 0 0
2021 14 59495 801590 801590 0 68468 61621
2022 15 59495 832120 832120 0 137937 124143
2023 16 59495 862650 862650 0 172712 155440
2024 17 59495 893180 893180 0 207822 187039
2025 18 59495 923710 923710 0 243400 219060
2026 19 59495 954240 954240 0 297044 267339
2027 20 59495 984770 984770 0 355873 320285
2028 21 59495 1015300 1015300 0 420043 378038
2029 22 0 1045830 1045830 0 496278 446650
2030 23 0 1076360 1076360 0 565687 509118
2031 24 0 1106890 1106890 0 647822 583039
2032 25 0 1137420 1137420 0 736793 663113
2033 26 0 1182150 1182150 0 839876 755888
2034 27 0 1216230 1216230 0 896648 806983
2035 28 0 0 0 1216230 0 0
0 0 596259 0 0 1216230 0 0
You have to pay the premium for 10 yrs
(from Age:12 - Age:21)

If you take the payment mode as yly then you have to pay
Rs.60804 for the first year,from 2nd year onwards Rs.59495

Totally you will pay Rs.596259

At Age-28 you will receive Rs.1216230

Natural Risk Cover is Rs.740530-Rs.1216230 as shown in the

above table......For example
In case of Natural Death at Age-17, Nominee will receive
Rs.893180

Accidental Risk Cover is Rs.740530-Rs.1216230 as shown in the

above table......For example
In case of Accidental Death at Age-17, Nominee will receive
Rs.893180

If you close the policy you will receive the amount as shown in the
above table under Surrender Column.....For example
if you close at Age-19, you will receive Rs.297044

You can take the loan as shown in the above table under Loan
Column.....For example
at Age-19, you can take a loan of Rs.267339

Medical Report:
Disclaimer : The Benefits shown in this presentation are as
per the 8% Benefit illustration of LIC of India, Actual values
may vary, depends on the corporation profits and experience