Documente Academic
Documente Profesional
Documente Cultură
Vijay N Patil
7567034244
Proposed Insurance
Id
Term/
PPT
Basic Sum
Assured
Term
Rider SA
Accident
Rider SA
Crit.Illness.
Rider SA
Premium
Waiver Md.
Install.
Premium
22/22
3,00,000
3,00,000
8,852
31/31
3,50,000
3,50,000
16,814
6,50,000
6,50,000
Annual Premium:
Tax
Beneficiary
25,666
Com. Date
Plan/Tm/PPT
08/11/11
5/22/22
08/11/11
165/31/31
Interim
Bonus
Rate
70
* Bonus
Rate
70
#Assu
Step
Rate
FAB
0.00
3200
SSS
Monthly
Quaterly
Half Yearly
Yearly
761
801
2,284
4,497
8,852
1,429
1,429
4,288
8,491
16,814
2,190
2,230
6,572
12,988
25,666
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.
3. '%' : - Assumed Growth Rate
Sum at Risk:
Disclaimer:
6,50,000
Medical by DMR:
The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.
No
Additional Cover
Premium
Cash Flow
Cash
Value
Loan
Available
25,666
-25,666
25,666
-25,666
25,666
-25,666
32,614
29,250
6,50,000
25,666
-25,666
55,314
49,750
6,50,000
25,666
-25,666
79,555
71,500
8,60,000
6,50,000
25,666
-25,666
1,00,519
90,500
34
8,97,800
6,50,000
25,666
-25,666
1,22,291
1,10,250
31/03/19
35
9,35,600
6,50,000
25,666
-25,666
1,44,589
1,30,250
31/03/20
36
9,73,400
6,50,000
25,666
-25,666
1,68,047
1,51,250
31/03/21
37
10,74,200
6,50,000
25,666
-25,666
2,56,093
2,30,500
31/03/22
38
11,19,000
6,50,000
25,666
-25,666
2,89,771
2,60,750
31/03/23
39
11,67,300
6,50,000
25,666
-25,666
3,27,495
2,94,750
31/03/24
40
12,20,850
6,50,000
25,666
-25,666
3,72,425
3,35,250
31/03/25
41
12,79,650
6,50,000
25,666
-25,666
4,24,699
3,82,250
31/03/26
42
13,55,700
6,50,000
25,666
-25,666
4,84,866
4,36,500
31/03/27
43
14,29,250
6,50,000
25,666
-25,666
5,44,794
4,90,250
31/03/28
44
15,11,050
6,50,000
25,666
-25,666
6,10,585
5,49,500
31/03/29
45
15,95,100
6,50,000
25,666
-25,666
6,83,490
6,15,250
31/03/30
46
16,96,650
6,50,000
25,666
-25,666
7,65,885
6,89,250
31/03/31
47
18,29,200
6,50,000
25,666
-25,666
8,56,228
7,70,500
31/03/32
48
19,55,250
6,50,000
25,666
-25,666
9,55,191
8,59,750
31/03/33
49
20,88,300
6,50,000
25,666
-25,666
10,62,032
9,55,750
31/03/34
50
22,30,100
3,50,000
16,814
-16,814
11,75,319
10,57,750
31/03/35
51
23,80,650
3,50,000
16,814
-16,814
12,98,303
11,68,500
31/03/36
52
25,41,700
3,50,000
16,814
-16,814
14,32,746
12,89,500
31/03/37
53
27,25,250
3,50,000
16,814
-16,814
15,76,444
14,18,750
31/03/38
54
29,16,300
3,50,000
16,814
-16,814
17,34,260
15,60,750
31/03/39
55
31,17,850
3,50,000
16,814
-16,814
19,02,326
17,12,250
31/03/40
56
33,32,900
3,50,000
16,814
-16,814
20,80,493
18,72,500
31/03/41
57
35,64,450
3,50,000
16,814
-16,814
22,70,432
20,43,250
31/03/42
58
38,06,500
3,50,000
16,814
-16,814
24,70,997
22,24,000
31/03/43
59
14,82,000
21,78,428
21,78,428
3,41,123
3,07,000
31/03/44
60
15,48,000
3,63,139
3,26,750
31/03/45
61
16,14,000
3,86,078
3,47,500
31/03/46
62
16,95,000
4,09,656
3,68,750
31/03/47
63
17,76,000
4,34,078
3,90,750
31/03/48
64
18,57,000
4,59,254
4,13,250
31/03/49
65
19,38,000
4,85,188
4,36,750
31/03/50
66
20,19,000
5,11,887
4,60,750
31/03/51
67
21,00,000
5,39,134
4,85,250
31/03/52
68
21,21,000
5,67,036
5,10,250
31/03/53
69
21,42,000
5,95,592
5,36,000
31/03/54
70
21,63,000
6,24,686
5,62,250
31/03/55
71
21,84,000
6,54,311
5,89,000
31/03/56
72
22,05,000
6,84,460
6,16,000
31/03/57
73
22,26,000
7,15,003
6,43,500
31/03/58
74
22,47,000
7,45,927
6,71,250
Fin. Year
Ending
Age
Risk Cover
(Natural Death)
Accident
Crit. Ill.
31/03/12
28
6,71,000
6,50,000
31/03/13
29
7,08,800
6,50,000
31/03/14
30
7,46,600
6,50,000
31/03/15
31
7,84,400
31/03/16
32
8,22,200
31/03/17
33
31/03/18
Disclaimer:
PWB
The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.
Additional Cover
Premium
Cash Flow
Cash
Value
Loan
Available
7,77,090
6,99,500
8,08,605
7,27,750
8,40,459
7,56,500
8,72,370
7,85,250
23,52,000
9,04,585
8,14,250
80
23,73,000
22,56,651
8,43,250
80
23,73,000
23,73,000
7,15,978
45,51,428
38,35,450
Fin. Year
Ending
Age
Risk Cover
(Natural Death)
Accident
Crit. Ill.
31/03/59
75
22,68,000
31/03/60
76
22,89,000
31/03/61
77
23,10,000
31/03/62
78
23,31,000
31/03/63
79
31/03/64
08/11/64
PWB
Key Assumptions
Personal Data:
DOB: 31/08/1984
Income Tax:
Projection
Bonus: On applicable plans, last declared Interim Bonus has been considered for the purpose of projected Riskcover, Returns,
Cash Value and Loan calculations
Terminal Bonus: On applicable plans Terminal Bonus has been considered (On applicable plans last declared Terminal Bonus
Rates have been considered in the above calculations).
Loyalty Addition: Loyalty Addition has been considered on applicable plans, on the basis of indicative rates given by LIC or is
based on consistent return of 10.00 %
Disclaimer:
The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.
Basic
Term
Rider
DAB
Critical
Illness
31/03/12
25,016
31/03/13
25,016
650
650
31/03/14
31/03/15
25,016
25,016
31/03/16
25,016
31/03/17
u/s 80 CCE
PWB
Other
Rider
650
650
650
25,016
31/03/18
25,016
31/03/19
31/03/20
u/s 80 D
Total
Eligible
Amount
Tax Ben.
@30.6%
Eligible
Amount
Tax Ben.
@30.6%
Total
Benefit
25,666
25,666
7,854
7,854
25,666
25,666
7,854
7,854
25,666
25,666
7,854
7,854
25,666
25,666
7,854
7,854
25,666
25,666
7,854
7,854
650
25,666
25,666
7,854
7,854
650
25,666
25,666
7,854
7,854
25,016
650
25,666
25,666
7,854
7,854
25,016
650
25,666
25,666
7,854
7,854
31/03/21
25,016
650
25,666
25,666
7,854
7,854
31/03/22
25,016
650
25,666
25,666
7,854
7,854
31/03/23
25,016
650
25,666
25,666
7,854
7,854
31/03/24
25,016
650
25,666
25,666
7,854
7,854
31/03/25
25,016
650
25,666
25,666
7,854
7,854
31/03/26
25,016
650
25,666
25,666
7,854
7,854
31/03/27
25,016
650
25,666
25,666
7,854
7,854
31/03/28
25,016
650
25,666
25,666
7,854
7,854
31/03/29
25,016
650
25,666
25,666
7,854
7,854
31/03/30
25,016
650
25,666
25,666
7,854
7,854
31/03/31
25,016
650
25,666
25,666
7,854
7,854
31/03/32
25,016
650
25,666
25,666
7,854
7,854
31/03/33
25,016
650
25,666
25,666
7,854
7,854
31/03/34
16,464
350
16,814
16,814
5,145
5,145
31/03/35
16,464
350
16,814
16,814
5,145
5,145
31/03/36
16,464
350
16,814
16,814
5,145
5,145
31/03/37
16,464
350
16,814
16,814
5,145
5,145
31/03/38
16,464
350
16,814
16,814
5,145
5,145
31/03/39
16,464
350
16,814
16,814
5,145
5,145
31/03/40
16,464
350
16,814
16,814
5,145
5,145
31/03/41
16,464
350
16,814
16,814
5,145
5,145
31/03/42
16,464
350
16,814
16,814
5,145
5,145
6,98,528
17,450
7,15,978
7,15,978
2,19,093
2,19,093
Disclaimer:
The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.
Premium Calendar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Id
8,852
16,814
25,666
Annual Premium :
Disclaimer:
The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.
25,666
Fin. Year
Ending
Age
Risk Cover
31/03/12
28
6,71,000
31/03/13
29
7,08,800
31/03/14
30
31/03/15
31/03/16
Additional Cover
Critical Ill.
PWB
Payment
Cash Flow
Cash
Value
Loan
Available
6,50,000
25,666
-25,666
6,50,000
25,666
-25,666
7,46,600
6,50,000
25,666
-25,666
32,614
29,250
31
7,84,400
6,50,000
25,666
-25,666
55,314
49,750
32
8,22,200
6,50,000
25,666
-25,666
79,555
71,500
31/03/17
33
8,60,000
6,50,000
25,666
-25,666
1,00,519
90,500
31/03/18
34
8,97,800
6,50,000
25,666
-25,666
1,22,291
1,10,250
31/03/19
35
9,35,600
6,50,000
25,666
-25,666
1,44,589
1,30,250
31/03/20
36
9,73,400
6,50,000
25,666
-25,666
1,68,047
1,51,250
31/03/21
37
10,74,200
6,50,000
25,666
-25,666
2,56,093
2,30,500
31/03/22
38
11,19,000
6,50,000
25,666
-25,666
2,89,771
2,60,750
31/03/23
39
11,67,300
6,50,000
25,666
-25,666
3,27,495
2,94,750
31/03/24
40
12,20,850
6,50,000
25,666
-25,666
3,72,425
3,35,250
31/03/25
41
12,79,650
6,50,000
25,666
-25,666
4,24,699
3,82,250
31/03/26
42
13,55,700
6,50,000
25,666
-25,666
4,84,866
4,36,500
31/03/27
43
14,29,250
6,50,000
25,666
-25,666
5,44,794
4,90,250
31/03/28
44
15,11,050
6,50,000
25,666
-25,666
6,10,585
5,49,500
31/03/29
45
15,95,100
6,50,000
25,666
-25,666
6,83,490
6,15,250
31/03/30
46
16,96,650
6,50,000
25,666
-25,666
7,65,885
6,89,250
31/03/31
47
18,29,200
6,50,000
25,666
-25,666
8,56,228
7,70,500
31/03/32
48
19,55,250
6,50,000
25,666
-25,666
9,55,191
8,59,750
31/03/33
49
20,88,300
6,50,000
25,666
-25,666
10,62,032
9,55,750
31/03/34
50
22,30,100
3,50,000
16,814
-16,814
11,75,319
10,57,750
31/03/35
51
23,80,650
3,50,000
16,814
-16,814
12,98,303
11,68,500
31/03/36
52
25,41,700
3,50,000
16,814
-16,814
14,32,746
12,89,500
31/03/37
53
27,25,250
3,50,000
16,814
-16,814
15,76,444
14,18,750
31/03/38
54
29,16,300
3,50,000
16,814
-16,814
17,34,260
15,60,750
31/03/39
55
31,17,850
3,50,000
16,814
-16,814
19,02,326
17,12,250
31/03/40
56
33,32,900
3,50,000
16,814
-16,814
20,80,493
18,72,500
31/03/41
57
35,64,450
3,50,000
16,814
-16,814
22,70,432
20,43,250
31/03/42
58
38,06,500
3,50,000
16,814
-16,814
24,70,997
22,24,000
31/03/43
59
14,82,000
21,78,428
21,78,428
3,41,123
3,07,000
31/03/44
60
15,48,000
3,63,139
3,26,750
31/03/45
61
16,14,000
3,86,078
3,47,500
31/03/46
62
16,95,000
4,09,656
3,68,750
31/03/47
63
17,76,000
4,34,078
3,90,750
31/03/48
64
18,57,000
4,59,254
4,13,250
31/03/49
65
19,38,000
4,85,188
4,36,750
31/03/50
66
20,19,000
5,11,887
4,60,750
31/03/51
67
21,00,000
5,39,134
4,85,250
31/03/52
68
21,21,000
5,67,036
5,10,250
31/03/53
69
21,42,000
5,95,592
5,36,000
31/03/54
70
21,63,000
6,24,686
5,62,250
31/03/55
71
21,84,000
6,54,311
5,89,000
31/03/56
72
22,05,000
6,84,460
6,16,000
31/03/57
73
22,26,000
7,15,003
6,43,500
31/03/58
74
22,47,000
7,45,927
6,71,250
(Natural Death)
Disclaimer:
Accident
The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.
Fin. Year
Ending
Age
Risk Cover
Additional Cover
Critical Ill.
PWB
Payment
31/03/59
75
22,68,000
31/03/60
76
22,89,000
31/03/61
77
31/03/62
Cash Flow
Cash
Value
Loan
Available
7,77,090
6,99,500
8,08,605
7,27,750
23,10,000
8,40,459
7,56,500
78
23,31,000
8,72,370
7,85,250
31/03/63
79
23,52,000
9,04,585
8,14,250
31/03/64
80
23,73,000
22,56,651
8,43,250
08/11/64
80
23,73,000
23,73,000
7,15,978
45,51,428
38,35,450
(Natural Death)
Accident
Explanatory Notes
Payment to L.I.C. indicates Annual Premium and /or Advance Premiums
Returns in the Year indicates Normal Cash Flow and /or Cash Flow taken from L.I.C. in installments (Inclusive of Interest).
Disclaimer:
The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.