Documente Academic
Documente Profesional
Documente Cultură
Santosh Ghodeshwar
H A P P I N E S S
S E C U R I T Y
421 306.
ASHOK P. JHA
Wealth Creator Thru Best Investment
ASHOK P. JHA
Wealth Creator Thru Best Investment
1/1, Atal Vihar, Kolsewadi, Katemanavali, Kalyan (E) - 421 306.
Tel.: (95251) 2331734 Mob.: 93228 86802
Plan Description
Introduction
Jeevan Surabhi is an improved version of Money Back Plan with an added element of increasing term insurance
cover. The survival benefits received by the policy holder takes care of his short term financial needs lie buying house
hold durables or any such needs like educational expenses of children. The regular increase in life risk cover available
to the policy holder without payment of extra premium or even without under going other formalities like medical
exams or special medical report.
The shorter premium paying term helps the policy holder to restrict the payment of premium to his productive years
and simultaneously continue the life risk cover to desired age, depending on the needs of the family.
Features
1. This policy provides for a regular income flow at regular intervals in the form of “Survival Benefits”.
20% of SA is payable at the end of 4 years, 8 years, 12 years, 15 years and 18 years respectively.
2. In case of death of the policyholder before maturity, full sum assured and accrued Bonus is paid
to the nominee.
3. Double Accident Benefit :- On death due to accident extra sum assured would be payable.
4. Permanent Disablity Benefit :- In case of disablity due to accident following would be payable.
* Future premiums are waived.
* Annuity for next 10 years = SA / 120. payable monthly.
* Insurance cover continues and maturity would be payable after completion of term .
5. The Survival Benefit already paid will not be deducted from the death claim amount.
6. The risk cover increases by 50% of the Sum Assured once in every 5 years.
7. Accident Benefit is provided only on basic S. A. and during Premium Paying Term only.
8. Regular increase in life risk cover is available without payment of extra premium and without
undergoing other formalities like medical exam or special medical report etc.
9. This plan is allowed to minor females where insurance is financed out of parents income upto
S. A. of 10 lakhs.
10. Housing loan can be taken against this policy.
11. Policy can be assigned as security in bank, housing co. or any financial institute.
12. Backdating of policy is allowed.
13. Policy can be surrendered for its paid-up value after a period of 3 years.
14. Loan can be taken against this policy.
Presentation Details
Plan Plan Name Term Sum Bonus Mode *Premium Total Maturity Maturity
/ PPT Assured Prem's Paid Year Amount
108 Jeevan Surabhi 25/18 500000 50 Yly 43126 776268 2036 687500
Total 500000 43126 776268
Note: The above Statements are based on certain assumptions, which are liable to change according to Government / Corporation's Policies.
* Rider Premiums are included in Premium.
* NI is number of installments.
Rider Details
Plan Term PPT Rider Name Rider Sum Rider Rider Total Prem's
Term Premium Paid
108 25 18 Double Accident Benefit 500000 18 500 9000
Total 500 9000
Agents Copy
Return's Spreadsheet
Tax Slab: 30%
Year Age Normal Accidental Annual Tax Net Returns Net New Loan Total Loan
Risk Cover Risk Cover Premium Saved Premium From LIC Returns Available Available
Note: (1) The above Statements are based on certain assumptions, which are liable to change according to Government / Corporation's Policies.
Calculation includes Bonus and Final Additional Bonus as per present Rates.
(2) * Available Total Money.
(3) we are showing annual returns. in case of payment in arrears, half yearly installmant starts 6 months after maturity and yearly installment starts 1 year after
maturity. in case of payment in advance, yearly and half yearly installments starts immediately from maturity date.
(4) Please refer circular no: Actl / 2015 / 4 for details about settlement options.
(*) The above illustration gives an effective yield of 9.12% with tax benefit.
(*) The above illustration gives an effective yield of 4.47% without tax benefit.
Insure now, not because you are to die, but they are to live 3
ASHOK P. JHA
Wealth Creator Thru Best Investment
1/1, Atal Vihar, Kolsewadi, Katemanavali, Kalyan (E) - 421 306.
Tel.: (95251) 2331734 Mob.: 93228 86802
Summary
NetPremium 543384
Returns (Maturity and Survival) 1187500
Compounded Value Of Returns 1187500
FAB
Breakup of Returns
5.26%
Sum
42.11%
Assured
Sum Assured & Survival's 500000
Bonus 625000 52.63%
Final Additional Bonus 62500
Bonus