Planning for your future?

But then, does life actually

move as per your plans?

The answer is no. What you

need is a flexible insurance plan
that accomodates the changes
in your plans dynamically
without upsetting your financial
applecart.

A dynamic insurance proposal

exclusively designed for :
Mr. Rajesh Kumar
aged 24 years

Presentation prepared by:

Harish Chand
577, GH-9, PASCHIM VIHAR
NEW DELHI- 110087
INDIA, 9811896425, 9212201725
www.delhiLICagent.com
 Harish Chand
Delhi LIC Agent

Insurance Plan Overview

Life is full of uncertainties. It does not travel in a straight line. There are number of responsibilities to be
fulfilled and many dreams to be realized. Consider the following real life examples:

q You know that your child’s marriage is your responsibility and that you will need lumpsum amount for
discharging this vital responsibility at sometime when he / she grows up. You may plan for the funds
when he / she is 24 years of age. But what if the child decides to marry early, say at 21 years of age.

q You know that you will retire at some age. You may plan for your retirement at the age of 55. But
maybe you will change your decision for early or later retirement.
q Health issues can never be predicted. And when they do arrive, you cannot escape them too.

These and many such situations can arise which can seriously jeopardise your financial plan, as your funds
may not be liquid at that point of time.

The solution is to invest in such a dynamic insurance plan where your life is covered and your family is
adequately protected. At the same time it also has the flexibility to provide you cash liquidity at variable
periods.

Presenting the MagicPlan ATM, exclusively designed to meet the impotant objectives of your life:

Name of the proposed : Mr. Rajesh Kumar Age : 24

Sec. 80 CCE Inv. Limit : Rs. 100000 Sec. 80 CCE Tax Saving : 33.99 %

Proposed Policy Details :

Death Accident Yearly Annual

Plan Term Sum Assured Term Rider Rider (DAB) Premium Premium
Jeevan Saral 31 762500 0 762500 3813 45756

Assumptions
Assumptions
Estimated
Likely Present Rate of Future Other Annual
Objective period Value* Premium
Inflation Value** Assumptions

Retirement Income 2026 to 2041 6000 0.00 6000 p.m. (Option E) 36600

* Present value is the amount needed if the objective was to be fulfilled today.
** Future value is the actual amount that may be needed in future due to the impact of inflation.
 Harish Chand
Delhi LIC Agent

Life Objective No 1

Retirement Income
After years of hard work towards keeping your family
happy, you look forward to relaxing during your sunset
years. Perhaps, you are considering retirement when
you would be in the age range of 40 to 55 years. If
you were to retire today and your monthly pension
needis Rs. 6000 p.m. then your minimum pension
needs during your retirement period would be around
Rs. 6000 per month, after taking into account
inflation at the rate of 0 percent per annum. This
MagicPlan ATM will provide you with lumpsum cash
during your likely retirement period to enable you to
buy any immediate annuity plan like Jeevan Akshay VI
or any similar so that you receive atleast Rs.6000 per
month as pension.

Withdrawal Monthly
Year Your Age Available Pension*
2026 40 1302604 8141
2027 41 1469098 9219
2028 42 1652242 10423
2029 43 1853700 11740
2030 44 2075304 13213
2031 45 2319069 14842
2032 46 2587210 16666
2033 47 2882165 18662
2034 48 3206616 20896
2035 49 3563512 23371
2036 50 3956097 26110
2037 51 4387941 29143
2038 52 4862969 32541
2039 53 5385500 36262
2040 54 5960284 40431
2041 55 6592547 45049

The above figures are on the basis of beginning of the year.

* Calculated as per current Jeevan Akshay VI annuity rates under

option E - Min 20 yrs and life thereafter
 Harish Chand
Delhi LIC Agent

Yearwise chart of Benefits

Cash Amount
Annual Premium Riskcover Liquidity Withdrawn
Year Age Pre Tax Post Tax Normal Accidental At the end of the year Remarks
2010 24 37362 24663 762500 Accidental
1525000 0 0
2011 25 37362 24663 799100 1561600 0 0
2012 26 37362 24663 835700 1598200 0 0
2013 27 37362 24663 872300 1634800 62659 0
2014 28 37362 24663 908900 1671400 100165 0
2015 29 37362 24663 945500 1708000 144479 0
2016 30 37362 24663 982100 1744600 179859 0
2017 31 37362 24663 1018700 1781200 216764 0
2018 32 37362 24663 1055300 1817800 255499 0
2019 33 37362 24663 1329941 2092441 296186 0
2020 34 37362 24663 1414102 2176602 577476 0
2021 35 37362 24663 1507173 2269673 671458 0
2022 36 37362 24663 1607563 2370063 774838 0
2023 37 37362 24663 1714719 2477219 888556 0
2024 38 37362 24663 1829778 2592278 1013646 0
2025 39 37362 24663 1968205 2730705 1151245 0
2026 40 37362 24663 2121493 2883993 1302604 0
2027 41 37362 24663 2289997 3052497 1469098 0
2028 42 37362 24663 2476723 3239223 1652242 0
2029 43 37362 24663 2682986 3445486 1853700 0
2030 44 37362 24663 2911623 3674123 2075304 0
2031 45 37362 24663 3163324 3925824 2319069 0
2032 46 37362 24663 3442267 4204767 2587210 0
2033 47 0 0 0 0 2882165 2882165 NCO for Retirement Income

Total 859326 567241 2882165

Disclaimer & Notes :

q MagicPlan ATM is an abstract view of benefits available from L.I.C.'s Jeevan Saral Plan (Table No.165).
q The figures shown in this presentation are based on the assumption that the Projected Investment Rate of Return that LIC
will be able to earn throughout the term of the Jeevan Saral policy, on the investible portion of the premium, will be 10%
p.a. 90% of the premium is estimated as average investible portion in this illustration.
q The benefits illustrated are not gauranteed and the actual results may vary depending upon LIC’s performance with
respect to this plan.
The premium indicated above is annualised premium based on the assumption of Yearly mode of payment.
q For the purpose of this illustration the centre point of the likely period of each objective has been considered.
q The effective yield (IRR) on your investments works out to 9.12 % (pre-tax) and 11.98 % (post tax)
 Harish Chand
Delhi LIC Agent

Breakup of Guaranteed and Non-Guaranteed Benefits

Riskcover Cash Liquidity

Year Age Guaranteed N-Guaranteed Total Guaranteed N-Guaranteed Total

2010 24 762500 0 762500 0 0 0
2011 25 799100 0 799100 0 0 0
2012 26 835700 0 835700 0 0 0
2013 27 872300 0 872300 62659 0 62659
2014 28 908900 0 908900 100165 0 100165
2015 29 945500 0 945500 144479 0 144479
2016 30 982100 0 982100 179859 0 179859
2017 31 1018700 0 1018700 216764 0 216764
2018 32 1055300 0 1055300 255499 0 255499
2019 33 1091900 238041 1329941 296186 0 296186
2020 34 1128500 285602 1414102 339435 238041 577476
2021 35 1165100 342073 1507173 385856 285602 671458
2022 36 1201700 405863 1607563 432765 342073 774838
2023 37 1238300 476419 1714719 482693 405863 888556
2024 38 1274900 554878 1829778 537227 476419 1013646
2025 39 1311500 656705 1968205 596367 554878 1151245
2026 40 1348100 773393 2121493 645899 656705 1302604
2027 41 1384700 905297 2289997 695705 773393 1469098
2028 42 1421300 1055423 2476723 746945 905297 1652242
2029 43 1457900 1225086 2682986 798277 1055423 1853700
2030 44 1494500 1417123 2911623 850218 1225086 2075304
2031 45 1531100 1632224 3163324 901946 1417123 2319069
2032 46 1567700 1874567 3442267 954986 1632224 2587210
2033 47 0 0 0 1007598 1874567 2882165

Note : The non-guaranteed benefits are in the form of loyalty additions and are based on the assumption that the Projected
Investment Rate of Return that LIC will be able to earn throughout the term of the Jeevan Saral policy, on the investible portion
of the premium, will be 10% p. a. 90% of the premium is estimated as average investible portion in this illustration.
The benefits illustrated are not gauranteed and the actual results may vary depending upon LIC’s performance with respect to
this plan.