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Mr. Gupta
Presented by
Harish Chand
LIFE INSURANCE CORPORATION OF INDIA
Delhi LIC Agent
Mr. Gupta
Presented by
Harish Chand
LIFE INSURANCE CORPORATION OF INDIA
Delhi LIC Agent
PH. 09811896425, 09212201725
help@delhilicagent.com
www.delhiLICagent.com
Harish Chand
LIFE INSURANCE CORPORATION OF INDIA
Ø A combination of Jeevan Saral, Endowment & Whole Life Policies of Rs. 7845000 is being proposed
Ø Jeevan Saral plan has a unique feature of Partial Withdrawal which enables us to have the flexibility
Ø The income illustrated from your age 50 to 58 are coming through partial withdrawals from this
plan. The amount of partial withdrawal done each year is such that it pays for the premium and also
Ø provides for your income in respective year. Thus you do not have to bear the burden of paying
Ø From age 59 to 99 the pension will be provided through maturity proceeds taken in installments
6935890
* The above projection is based on assumptions enumerated on the page titled "Benefits during the Retirement Period".
Harish Chand
LIFE INSURANCE CORPORATION OF INDIA
u Magic-Plan Retire & Enjoy is a combination of LIC plans specially researched to meet the objective of securing a financially
independent life for yourself and your spouse on retirement.
u Benefits from Jeevan Saral plan are illustrated on the assumption that LIC will be able to provide a consistent return of 10%
p.a. throughout the term of the policy on the investible portion of the premium. For the purpose of illustration the average
investible portion of the premium under this plan as illustrated by LIC .
u The effective yield in the above proposal (based on maturity benefits) works out to 7.98 % (calculated as per IRR method ).
Harish Chand
LIFE INSURANCE CORPORATION OF INDIA
Insurance Facts
Risk Cover Annual Tax Net Returns Net Cash
Year Age Normal Accident Premium Saved Premium From L.I.C. Cashflow Value
2011 24 8112270 13112270 266765 67980 198785 0 -266765 0
2012 25 8543940 13543940 266765 67980 198785 0 -266765 0
2013 26 8975610 13975610 266765 67980 198785 0 -266765 60392
2014 27 9407280 14407280 266765 67980 198785 0 -266765 412077
2015 28 9838950 14838950 266765 67980 198785 0 -266765 631955
2016 29 10270620 15270620 266765 67980 198785 0 -266765 887455
2017 30 10702290 15702290 266765 67980 198785 0 -266765 1108472
2018 31 11133960 16133960 266765 67980 198785 0 -266765 1333483
2019 32 11565630 16565630 266765 67980 198785 0 -266765 1570041
2020 33 12613800 17613800 266765 67980 198785 0 -266765 1818972
2021 34 13113970 18113970 266765 67980 198785 0 -266765 2699849
2022 35 13648390 18648390 266765 67980 198785 0 -266765 3051043
2023 36 14234185 19234185 266765 67980 198785 0 -266765 3443402
2024 37 14871355 19871355 266765 67980 198785 0 -266765 3905769
2025 38 15648300 20648300 266765 67980 198785 0 -266765 4445879
2026 39 16393195 21393195 266765 67980 198785 0 -266765 5063731
2027 40 17189465 22189465 266765 67980 198785 0 -266765 5679241
2028 41 18037110 23037110 266765 67980 198785 0 -266765 6354368
2029 42 18997455 23997455 266765 67980 198785 0 -266765 7094249
2030 43 20048400 25048400 266765 67980 198785 0 -266765 7910526
2031 44 21212045 26212045 266765 67980 198785 0 -266765 8806067
2032 45 22532590 27532590 266765 67980 198785 0 -266765 9777579
2033 46 24159760 29159760 266765 67980 198785 0 -266765 10850821
2034 47 25872555 30872555 266765 67980 198785 0 -266765 12023503
2035 48 27688100 32688100 266765 67980 198785 0 -266765 13296523
2036 49 29606395 34606395 266765 67980 198785 0 -266765 14683526
2037 50 29904066 32337679 185822 48009 137813 1429454 1243632 14746532
2038 51 30207973 32586550 170479 48009 122470 1412879 1242400 14804397
2039 52 30535330 32865221 156906 48009 108897 1374193 1217287 14863096
2040 53 31140413 33425851 144513 48009 96504 1376067 1231554 14869349
2041 54 31769870 34015089 133301 45310 87991 1361493 1228192 14877619
2042 55 32616853 34826087 123269 41900 81369 1328678 1205409 14863191
2043 56 33382135 35557500 113827 38690 75137 1360416 1246589 14775759
2044 57 34068830 36212443 104976 35682 69294 1383555 1278579 14617334
2045 58 34682300 36796278 96714 32874 63840 1397361 1300647 14397347
2046 59 25312720 27227720 41243 14019 27224 1249197 1221973 5396445
2047 60 26684990 28599990 41243 14019 27224 1249197 1221973 5797911
2048 61 28057260 29972260 41243 14019 27224 1249197 1221973 6192933
2049 62 29429530 31344530 41243 14019 27224 1249197 1221973 6615518
2050 63 30801800 32716800 41243 14019 27224 1249197 1221973 7071155
2051 64 31069070 32984070 41243 14019 27224 1249197 1221973 7565190
2052 65 31336340 33251340 41243 14019 27224 1249197 1221973 8107220
2053 66 31603610 33518610 41243 14019 27224 1249197 1221973 8727212
2054 67 31870880 33785880 41243 14019 27224 1249197 1221973 9399969
2055 68 32138150 34053150 41243 14019 27224 1249197 1221973 10163183
2056 69 30952450 32652450 36557 12426 24131 1442650 1418519 10483156
2057 70 19639200 19639200 0 0 0 1417004 1417004 5586826
2058 71 19814550 19814550 0 0 0 1417004 1417004 5844994
Harish Chand
LIFE INSURANCE CORPORATION OF INDIA
Sec.80 CCE Invt. Lmt. : 100000 Sec.80 CCE Tax Rebate : 33.99
Agent's Copy
1. '*' : - Assuming LIC will declare the above mentioned bonus rates for the year ended 31-Mar-2010.
2. '#' : - Assuming that bonus rate declared by LIC will increase/decrease per year by step rate mentioned above.