L I C's JEEVAN CHHAYA PLAN

L I C's Jeevan Chhaya plan is exclusively designed to take care of your child's future needs, particularly at
the start of his higher education and subsequent settlement in life. The uniqueness of this plan is the
benefits given below as returns are guaranteed. Your life is covered for risk and your child's future
financail needs are secured. Thus an easy way to start planning. Assumed herein are: Father's Age: 37 //
Sum Assured: 9lacs // Prem: 55190// IT slab: 30% // Bonus: 42/'000
Risk Cover Annual Tax Nett Returns New Loan Total Loan
Year Age Normal Accident Premium Saved Premium From L.I.C. Available Available

2010 37 900000 1800000 55190 18759 36431

2011 38 900000 1800000 55190 18759 36431
2012 39 900000 1800000 55190 18759 36431 29250 29250
2013 40 900000 1800000 55190 18759 36431 51250 80500
2014 41 900000 1800000 55190 18759 36431 32500 113000
2015 42 900000 1800000 55190 18759 36431 33750 146750
2016 43 900000 1800000 55190 18759 36431 44750 191500
2017 44 900000 1800000 55190 18759 36431 50500 242000
2018 45 900000 1800000 55190 18759 36431 55000 297000
2019 46 900000 1800000 55190 18759 36431 66000 363000
2020 47 900000 1800000 55190 18759 36431 61500 424500
2021 48 900000 1800000 55190 18759 36431 73250 497750
2022 49 900000 1800000 55190 18759 36431 79750 577500
2023 50 900000 1800000 55190 18759 36431 87500 665000
2024 51 900000 1800000 55190 18759 36431 103250 768250
2025 52 900000 1800000 55190 18759 36431 123750 892000
2026 53 900000 1800000 55190 18759 36431 225000 354000 1021000
2027 54 900000 1800000 55190 18759 36431 225000 363250 1159250
2028 55 900000 1800000 55190 18759 36431 225000 368500 1302750
2029 56 1091700
Total : 1048610 356421 692189 1766700

Graphical presentation
Premium Paying Period

25% SA
+Bonus
+FAB
25% SA 25% SA 25% SA
Loan from 3 year onwards
rd

16 17 18 19
Start 3 year
rd D = SA No premium if 'D' occurs

Premium payment for only 19 years

a
i ng
16th yr 225000
nt hav
re s
a pa o year
BENEFITS

17th yr 225000
or
df tw
18th yr 225000
y s uite around
l l e
19th yr 1091700 Idea d of ag
Total 1766700 chi l