Mr. Gupta: Insurance Proposal For

Insurance Proposal for
Mr. Gupta
for Annual Income of Rs. 426000/- from age 48 to 75
Presented by
Harish Chand
LIFE INSURANCE CORPORATION OF INDIA
IRDA Authorised Insurance Advisor
PH. 09811896425, 09212201725
help@delhilicagent.com
www.delhiLICagent.com
Insurance Proposal for
Mr. Gupta
The objective of this proposal is to provide financial security to your
family during your productive span and a happy independent retired
for Annual Income of

Rs. 426000/from age 48 to 75
lifestyle for yourself and your spouse when you decide to retire.
At this moment your familys dependancy on you is very

high. Your hard work ensures that they get the best in their
life. Hence this proposal provides for a high riskcover of
Rs.0/- starting at your age of 57 and growing to
Rs.3749599/- at age 69. During this period you will need
to make annual premium payments of Rs. 75663/-
To compliment a comfortable lifestyle for you in your

golden years this plan will provide annual tax-free income
from age 48 to 75. You will recieve annual income of
Rs.141934/-.
No premiums are payable from your own funds after 69.

During the income period too your life will be covered.
In case of death during this period a lumpsum amount
shall be paid to your nominee.
In the event of any emergency or financial difficulties,

there is a provision under this Magic Plan to provide loan
against the insurance policy after payment of 3 yearly
premiums.
Disclaimer:
Certain benefits illustrated under this MagicPlan Retire & Enjoy are based on performance projections of the underlying
L.I.C. plans. Actual future performance of these plans can vary the results.
Please refer to the page titled - How does this Magic-Plan work? for detailed understanding of this insurance
proposal
The effective yield in the above proposal works out to 8.51 % (calculated as per IRR method)
Presented by
Harish Chand
PH. 09811896425, 09212201725
Harish Chand
PH. 09811896425, 09212201725
MagicPlan - Retire And Enjoy - VI

How does this Magic-Plan work ?
A Jeevan Saral Policy of Rs.1575000 for term 35 years is being proposed to provide the benefits as
illustrated in this MagicPlan presentation.
Jeevan Saral plan has a unique feature of Partial Withdrawal which enables us to have the flexibility
of cash flows during the policy term.
The amount of partial withdrawal done each year is such that it pays for the premium and also
provides for your income in respective year. Thus you do not have to bear the burden of paying
premium from your own pocket once the annuity starts.
The annual income at age 48 will be Rs.141934.

The income will continue till your age 75.
Partial Withdrawal Schedule of Jeevan Saral
Year
Mly Premium
Reduction
Partial
Withdrawal
Year
Mly Premium
Reduction
Partial
Withdrawal
2031
800
544346
2041
250
488556
2032
700
532248
2042
250
540382
2033
600
508966
2043
200
477919
2034
550
519729
2044
200
528087
2035
500
525669
2045
200
583272
2036
450
525774
2046
250
804957
2037
400
518829
2038
350
503535
2039
300
478327
2040
300
529724
Year
Mly Premium
Reduction
Partial
Withdrawal
Harish Chand
PH. 09811896425, 09212201725

Quotation Ref.No.
: MrGirotra
Quotation Date
: 03/06/2011
Proposers Name
: Mr. Gupta
Proposers Age
: 28
Sum Proposed
: 1575000
Yearly Premium
: 75663
Desired Income
: 426000
(nearer birthday)
Benefits During Deferment Period

Risk Cover
Year
Age
Normal
Accident
Yearly
Premium
Cash
Value
2011
28
2829000
4904000
102986
2012
29
2958600
5033600
102986
2013
30
3088200
5163200
102986
3000
2014
31
3217800
5292800
102986
149425
2015
32
3347400
5422400
102986
235728
2016
33
3477000
5552000
102986
337929
2017
34
3606600
5681600
102986
422259
2018
35
3736200
5811200
102986
510861
2019
36
3865800
5940800
102986
605117
2020
37
4489487
6564487
102986
704529
2021
38
4718083
6793083
102986
1305570
2022
39
4966029
7041029
102986
1518696
2023
40
5227454
7302454
102986
1754735
2024
41
5505690
7580690
102986
2014628
2025
42
5810550
7885550
102986
2300260
2026
43
6157740
8232740
102986
2614230
2027
44
6535690
8610690
102986
2959872
2028
45
6946393
9021393
102986
3340778
2029
46
7394926
9469926
102986
3759325
2030
47
7888173
9963173
102986
4219452
2059720
* The above projection is based on assumptions enumerated on the page titled "Benefits during the Retirement Period".
Harish Chand
PH. 09811896425, 09212201725

Quotation Ref.No.
: MrGirotra
Quotation Date
: 03/06/2011
Proposers Name
: Mr. Gupta
Proposers Age
: 28
Sum Proposed
: 1575000
Yearly Premium
: 75663
Desired Income
: 426000
(nearer birthday)
Benefits during the Retirement Period

Risk Cover
Year
Age
Normal
Accident
Yearly
Premium
Desired
Income
Returns
From L.I.C.
Prem.
Pymt.
Net
Income
Cash
Value
2031
48
7662835
9537835
93378
426000
544346
93378
450968
4243630
2032
49
7480398
9180398
84971
426000
532248
84971
447277
4210467
2033
50
7381030
8931030
77765
426000
508966
77765
431201
4188480
2034
51
7278062
8690562
71159
426000
519729
71159
448570
4145839
2035
52
7189669
8477169
65155
426000
525669
65155
460514
4085833
2036
53
7092171
8267171
59750
426000
525774
59750
466024
4013114
2037
54
7005219
8080219
54946
426000
518829
54946
463883
3933922
2038
55
6924222
7911722
50743
426000
503535
50743
452792
3854940
2039
56
6858437
7770937
47139
426000
478327
47139
431188
3786881
2040
57
6751485
7588985
43537
426000
529724
43537
486187
3654891
2041
58
6742036
7517036
40534
426000
488556
40534
448022
3545560
2042
59
6648281
7360781
37531
426000
540382
37531
502851
3369256
2043
60
6655277
7317777
35129
426000
477919
35129
442790
3235458
2044
61
6454628
7067128
32727
426000
528087
32727
495360
3036790
2045
62
6151339
6713839
30325
426000
583272
30325
552947
2762482
2046
63
5604000
6104000
27323
426000
804957
27323
777634
2239303
2047
64
5506500
6006500
24688
426000
467000
24688
442312
2203652
2048
65
5410000
5910000
22140
426000
491500
22140
469360
2155857
2049
66
5254500
5754500
19679
426000
521000
19679
501321
2094971
2050
67
5040000
5540000
17296
426000
550500
17296
533204
2021630
2051
68
4591500
5091500
14986
426000
580000
14986
565014
1934389
2052
69
4134000
4634000
12743
426000
584500
12743
571757
1831519
2053
70
3667500
3667500
10568
426000
589000
10568
578432
1710867
2054
71
3192000
3192000
8352
426000
593500
8352
585148
1569954
2055
72
2707500
2707500
6189
426000
598000
6189
591811
1404331
2056
73
2214000
2214000
4079
426000
602500
4079
598421
1210788
2057
74
1711500
1711500
2018
426000
607000
2018
604982
985669
2058
75
1200000
1200000
426000
611500
611500
724560
15406320
994850
14411470
994850
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 is estimated as 90% .
u The benefits shown in this presentation have been calculated on the basis of interim bonuses declared by LIC for the year
ended 31-Mar-2010 . Actual results may deviate depending on the future bonuses declared by LIC.
u The effective yield in the above proposal (based on maturity benefits) works out to 8.51 % (calculated as per IRR method ).
Harish Chand
PH. 09811896425, 09212201725

Quotation Ref.No.
: MrGirotra
Quotation Date
: 03/06/2011
Proposers Name
: Mr. Gupta
Proposers Age
: 28
Sum Proposed
: 1575000
Yearly Premium
: 75663
Sec.80 CCE Invt. Lmt.
100000
Sec.80 CCE Tax Rebate
(nearer birthday)
: 33.99
Insurance Facts
Risk Cover
Year
Age
Normal
Accident
Annual
Premium
Tax
Saved
Net
Premium
Returns
From L.I.C.
Net
Cashflow
Cash
Value
0
2011
28
2829000
4904000
102986
35004
67982
-102986
2012
29
2958600
5033600
102986
35004
67982
-102986
2013
30
3088200
5163200
102986
35004
67982
-102986
9317
2014
31
3217800
5292800
102986
35004
67982
-102986
156301
2015
32
3347400
5422400
102986
35004
67982
-102986
244207
2016
33
3477000
5552000
102986
35004
67982
-102986
347313
2017
34
3606600
5681600
102986
35004
67982
-102986
433491
2018
35
3736200
5811200
102986
35004
67982
-102986
524024
2019
36
3865800
5940800
102986
35004
67982
-102986
619943
2020
37
4489487
6564487
102986
35004
67982
-102986
721683
2021
38
4718083
6793083
102986
35004
67982
-102986
1324906
2022
39
4966029
7041029
102986
35004
67982
-102986
1541759
2023
40
5227454
7302454
102986
35004
67982
-102986
1780518
2024
41
5505690
7580690
102986
35004
67982
-102986
2043366
2025
42
5810550
7885550
102986
35004
67982
-102986
2332660
2026
43
6157740
8232740
102986
35004
67982
-102986
2650970
2027
44
6535690
8610690
102986
35004
67982
-102986
3001165
2028
45
6946393
9021393
102986
35004
67982
-102986
3386396
2029
46
7394926
9469926
102986
35004
67982
-102986
3810016
2030
47
7888173
9963173
102986
35004
67982
-102986
4275827
2031
48
7662835
9537835
93378
31738
61640
544346
450968
4243630
2032
49
7480398
9180398
84971
28881
56090
532248
447277
4210467
2033
50
7381030
8931030
77765
26431
51334
508966
431201
4188480
2034
51
7278062
8690562
71159
24186
46973
519729
448570
4145839
2035
52
7189669
8477169
65155
22145
43010
525669
460514
4085833
2036
53
7092171
8267171
59750
20308
39442
525774
466024
4013114
2037
54
7005219
8080219
54946
18675
36271
518829
463883
3933922
2038
55
6924222
7911722
50743
17246
33497
503535
452792
3854940
2039
56
6858437
7770937
47139
16021
31118
478327
431188
3786881
2040
57
6751485
7588985
43537
14797
28740
529724
486187
3654891
2041
58
6742036
7517036
40534
13776
26758
488556
448022
3545560
2042
59
6648281
7360781
37531
12756
24775
540382
502851
3369256
2043
60
6655277
7317777
35129
11939
23190
477919
442790
3235458
2044
61
6454628
7067128
32727
11123
21604
528087
495360
3036790
2045
62
6151339
6713839
30325
10306
20019
583272
552947
2762482
2046
63
5604000
6104000
27323
9286
18037
804957
786920
2239303
2047
64
5506500
6006500
24688
8390
16298
467000
450702
2203652
2048
65
5410000
5910000
22140
7524
14616
491500
476884
2155857
2049
66
5254500
5754500
19679
6688
12991
521000
508009
2094971
2050
67
5040000
5540000
17296
5878
11418
550500
539082
2021630
2051
68
4591500
5091500
14986
5093
9893
580000
570107
1934389
2052
69
4134000
4634000
12743
4331
8412
584500
576088
1831519
2053
70
3667500
3667500
10568
3592
6976
589000
582024
1710867
2054
71
3192000
3192000
8352
2839
5513
593500
587987
1569954
2055
72
2707500
2707500
6189
2104
4085
598000
593915
1404331
2056
73
2214000
2214000
4079
1387
2692
602500
599808
1210788
2057
74
1711500
1711500
2018
686
1332
607000
605668
985669
2058
75
1200000
1200000
611500
611500
Harish Chand
PH. 09811896425, 09212201725

3054570
1038205
2016365
15406320
12409548
Harish Chand
PH. 09811896425, 09212201725

Quotation Ref.No.
: MrGirotra
Quotation Date
: 03/06/2011
Proposers Name
: Mr. Gupta
Proposers Age
: 28
Sum Proposed
: 1575000
Yearly Premium
: 75663
Desired Annuity
: 426000
Sec.80 CCE Invt. Lmt.
: 100000
(nearer birthday)
: 33.99
Sec.80 CCE Tax Rebate
Agent's Copy
Sr.
No. Plan/Tm/PPT
Sum
DAB
Sum
Interim
Bonus
Rate
* Bonus
Rate
#Assu
Step
Rate
PREMIUM
FAB
SSS
Mly.
Qly.
Hly.
Yly.
165/35/35
1575000
1575000
6431
6431
19294
38209
75663
149/36/36
100000
45
45
2050
227
238
680
1339
2635
149/37/37
100000
45
45
2250
219
231
657
1295
2548
149/38/38
100000
45
45
2500
212
223
635
1250
2461
149/39/39
100000
45
45
2750
205
216
615
1211
2383
149/40/40
100000
45
45
3000
199
209
596
1174
2310
149/41/41
100000
45
45
3000
193
203
579
1139
2243
149/42/42
100000
45
45
3000
187
197
561
1105
2175
149/43/43
100000
100000
45
45
3000
190
200
571
1125
2216
10 149/44/44
100000
100000
45
45
3000
186
195
557
1098
2163
11 149/45/45
100000
100000
45
45
3000
181
190
544
1071
2110
12 149/46/46
100000
100000
45
45
3000
177
186
531
1047
2061
100000
100000
45
45
3000
2775000
2075000
13 149/47/47
173
182
520
1024
2018
8780
8901
26340
52087
102986
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.

Mr. Gupta: Insurance Proposal For

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Insurance Proposal for

Insurance Proposal for

for Annual Income of

At this moment your familys dependancy on you is very

To compliment a comfortable lifestyle for you in your

No premiums are payable from your own funds after 69.

In the event of any emergency or financial difficulties,

MagicPlan - Retire And Enjoy - VI

The annual income at age 48 will be Rs.141934.

MagicPlan - Retire And Enjoy - VI

Benefits During Deferment Period

MagicPlan - Retire And Enjoy - VI

Benefits during the Retirement Period

independent life for yourself and your spouse on retirement.

MagicPlan - Retire And Enjoy - VI

Sec.80 CCE Invt. Lmt.

Sec.80 CCE Tax Rebate

MagicPlan - Retire And Enjoy - VI

MagicPlan - Retire And Enjoy - VI

Sec.80 CCE Invt. Lmt.

Sec.80 CCE Tax Rebate

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