Harish Chand

LIFE INSURANCE CORPORATION OF INDIA

Delhi LIC Agent
PH. 09811896425, 09212201725
help@delhilicagent.com
www.delhiLICagent.com

Jeevan Anand
. . . . a life free of worries

28/01/2011
Illustration specially customized for Mr. Neeraj Aged 23 Years.

Jeevan Anand is an innovative insurance product from Life Insurance Corporation of India,
which combines the benefits of an Endowment Policy and a Whole Life Policy.
Under this plan you pay premiums for a limited period. During the premium paying period
you are covered to the extent of the sum assured and the bonuses that vest on this
policy. After the premium term is over the sum assured together with accumulated
bonuses and final additional bonus (if any) become payable to you free of any income tax.
The highlight of this plan is that even after the maturity of the policy the coverage on your
life continues for your lifetime to the extent of the sum assured without the payment of
any further premiums.

General Terms of this Plan

Minimum Age At Entry

18 years completed

Maximum Age At Entry

65 years (Age Nearer Birthday)

Maximum Premium
Ceasing Age

75 years (Age Nearer Birthday)

Premium Paying Term

5 years to 57 years

Minimum Sum Assured

Rs. 1,00,000

Maximum Sum Assured

No Limit

Double Accident
Benefit

Exclusively available upto Rs.5,00,000 during the Premium

paying term and thereafter upto age 70. No additional
premium is required to be paid

Loans

Available after payment of 3 full years premiums

Harish Chand
LIFE INSURANCE CORPORATION OF INDIA
Delhi LIC Agent
PH. 09811896425, 09212201725
help@delhilicagent.com
www.delhiLICagent.com

A Proposal Jeevan Anand for you

Sum Proposed

: Rs.100000

Premium Payable For

: 10 Years

Premium Payable

: Half Yearly

Basic Premium

: Rs.5925

Rider Premiums

: Rs.0

Total Premium

Assumed Bonus Rate

*
: 34

Step Rate

: Rs. 5925
#
:0

Sec.80 CCE Tax Rebate

: 33.99%

Interim Bonus Rate

Sec.80 CCE Inv. Limit

: 34

: Rs.100000

Insurance Facts
Risk Cover

Annual
Premium

Tax
Saved

Nett
Premium

Returns
From L.I.C.

New Loan
Available

Total Loan
Available

203400

11850

4028

7822

206800

11850

4028

7822

110200

210200

11850

4028

7822

14000

14000

26

113600

213600

11850

4028

7822

10750

24750

27

117000

217000

11850

4028

7822

8750

33500

2016

28

120400

220400

11850

4028

7822

10250

43750

2017

29

123800

223800

11850

4028

7822

12250

56000

2018

30

127200

227200

11850

4028

7822

14000

70000

2019

31

130600

230600

11850

4028

7822

16000

86000

2020

32

134000

234000

11850

4028

7822

18250

104250

2021

33

100000

200000

134000

7750

7750

2022

34

100000

200000

500

8250

2023

35

100000

200000

750

9000

2024

36

100000

200000

500

9500

2025

37

100000

200000

500

10000

2026

38

100000

200000

750

10750

2027

39

100000

200000

750

11500

2028

40

100000

200000

500

12000

2029

41

100000

200000

750

12750

2030

42

100000

200000

1000

13750

2031

43

100000

200000

750

14500

2032

44

100000

200000

750

15250

2033

45

100000

200000

1000

16250

2034

46

100000

200000

1000

17250

2035

47

100000

200000

1000

18250

2036

48

100000

200000

1000

19250

2037

49

100000

200000

1000

20250

2038

50

100000

200000

1000

21250

2039

51

100000

200000

1250

22500

2040

52

100000

200000

1000

23500

2041

53

100000

200000

1000

24500

2042

54

100000

200000

1500

26000

2043

55

100000

200000

1250

27250

2044

56

100000

200000

1250

28500

Year

Age

Normal

2011

23

103400

2012

24

106800

2013

25

2014
2015

Accident

2045

57

100000

200000

1250

29750

2046

58

100000

200000

1250

31000

2047

59

100000

200000

1250

32250

2048

60

100000

200000

1250

33500

2049

61

100000

200000

1500

35000

2050

62

100000

200000

1250

36250

2051

63

100000

200000

1500

37750

2052

64

100000

200000

1500

39250

2053

65

100000

200000

1250

40500

2054

66

100000

200000

1500

42000

2055

67

100000

200000

1250

43250

2056

68

100000

200000

1500

44750

2057

69

100000

200000

1500

46250

2058

70

100000

100000

1250

47500

2059

71

100000

100000

1500

49000

2060

72

100000

100000

1250

50250

2061

73

100000

100000

1500

51750

2062

74

100000

100000

1250

53000

2063

75

100000

100000

1250

54250

2064

76

100000

100000

1500

55750

2065

77

100000

100000

1250

57000

2066

78

100000

100000

1250

58250

2067

79

100000

100000

1250

59500

2068

80

100000

100000

1000

60500

2069

81

100000

100000

1250

61750

2070

82

100000

100000

1000

62750

2071

83

100000

100000

1250

64000

2072

84

100000

100000

1000

65000

2073

85

100000

100000

1000

66000

2074

86

100000

100000

1000

67000

2075

87

100000

100000

1000

68000

2076

88

100000

100000

750

68750

2077

89

100000

100000

1000

69750

2078

90

100000

100000

1000

70750

2079

91

100000

100000

750

71500

2080

92

100000

100000

1000

72500

2081

93

100000

100000

1000

73500

2082

94

100000

100000

1000

74500

2083

95

100000

100000

1000

75500

2084

96

100000

100000

2000

77500

2085

97

100000

100000

2000

79500

2086

98

100000

100000

4250

83750

2087

99

100000

100000

3250

87000

2088

100

100000

100000

118500

40280

78220

134000

Harish Chand
LIFE INSURANCE CORPORATION OF INDIA
Delhi LIC Agent
PH. 09811896425, 09212201725
help@delhilicagent.com
www.delhiLICagent.com

Benefits Summary*
Minimum Risk Cover (Normal)

Rs. 103400

Minimum Risk Cover (Accidental)

Rs. 203400

Maximum Risk Cover (Normal)

Rs. 134000

Maximum Risk Cover (Accidental)

Rs. 234000

Annual Tax Savings (Sec. 80 CCE)

Rs. 4028

Total Premium to be paid

Rs. 118500

Maturity Amount in 2021

Rs. 134000

Yield on Investment

9.59%

Free Risk Cover from 2021

onwards for Lifetime

Rs. 100000

Free additional accidental cover

from 2021 to 2058 ,when you
reach age of 70 yrs

Rs. 100000

1. '*' : - Assuming that LIC will declare the above mentioned bonus rates for the year ended 31-Mar-2011
2. '#' : - Assuming that bonus rate declared by LIC will increase/decrease per year by step rate mentioned above.

The above statement is based on certain assumptions which are

liable to change according to Government/Corporation's policies.