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G. SUDHAKAR DEV.

OFFICER
Sample Report For Demonstration Purpose Only
LIC OF INDIA, Gandhi Road
Chittoor
Cell: 9441985800
e-mail. gsudhakar.lic@gmail.com

Jeevan Anand
. . . . a life free of worries

07/09/2013
Illustration specially customized for Mr. S Balaji Aged 29 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

G. SUDHAKAR DEV.OFFICER
Sample Report For Demonstration Purpose Only
LIC OF INDIA, Gandhi Road
Chittoor
Cell: 9441985800
e-mail. gsudhakar.lic@gmail.com

A Proposal Jeevan Anand for you


Sum Proposed

: Rs.1000000

Premium Payable For

: 21 Years

Premium Payable

: Yearly

Basic Premium

: Rs.50782

Rider Premiums

: Rs.0

Total Premium

Assumed Bonus Rate

*
: 49

Step Rate

: Rs. 50782
#
:0

Interim Bonus Rate


Sec.80 CCE Inv. Limit

: 47

: Rs.100000

Sec.80 CCE Tax Rebate

: 30.90%

Insurance Facts
Risk Cover
Year

Age

Normal

Accident

Annual
Premium

Tax
Saved

Nett
Premium

Returns
From L.I.C.

New Loan
Available

Total Loan
Available
0

2013

29

1047000

1547000

50782

15692

35090

2014

30

1098000

1598000

50782

15692

35090

2015

31

1147000

1647000

50782

15692

35090

38000

38000

2016

32

1196000

1696000

50782

15692

35090

39750

77750

2017

33

1245000

1745000

50782

15692

35090

33000

110750

2018

34

1294000

1794000

50782

15692

35090

37750

148500

2019

35

1343000

1843000

50782

15692

35090

42750

191250

2020

36

1392000

1892000

50782

15692

35090

48500

239750

2021

37

1441000

1941000

50782

15692

35090

55000

294750

2022

38

1490000

1990000

50782

15692

35090

62000

356750

2023

39

1539000

2039000

50782

15692

35090

70000

426750

2024

40

1588000

2088000

50782

15692

35090

78750

505500

2025

41

1637000

2137000

50782

15692

35090

80250

585750

2026

42

1686000

2186000

50782

15692

35090

90250

676000

2027

43

1755000

2255000

50782

15692

35090

101750

777750

2028

44

1809000

2309000

50782

15692

35090

115750

893500

2029

45

1863000

2363000

50782

15692

35090

131500

1025000

2030

46

1917000

2417000

50782

15692

35090

158500

1183500

2031

47

1981000

2481000

50782

15692

35090

179000

1362500

2032

48

2050000

2550000

50782

15692

35090

201750

1564250

2033

49

2129000

2629000

50782

15692

35090

227000

1791250

2034

50

1000000

1500000

2129000

212750

212750

2035

51

1000000

1500000

11000

223750

2036

52

1000000

1500000

11500

235250

2037

53

1000000

1500000

10000

245250

2038

54

1000000

1500000

13750

259000

2039

55

1000000

1500000

12250

271250

2040

56

1000000

1500000

12500

283750

2041

57

1000000

1500000

12750

296500

2042

58

1000000

1500000

13000

309500

2043

59

1000000

1500000

13250

322750

2044

60

1000000

1500000

13500

336250

2045

61

1000000

1500000

13750

350000

2046

62

1000000

1500000

13500

363500

2047

63

1000000

1500000

14000

377500

2048

64

1000000

1500000

14000

391500

2049

65

1000000

1500000

14000

405500

2050

66

1000000

1500000

14000

419500

2051

67

1000000

1500000

14000

433500

2052

68

1000000

1500000

14250

447750

2053

69

1000000

1500000

14000

461750

2054

70

1000000

1000000

14000

475750

2055

71

1000000

1000000

13750

489500

2056

72

1000000

1000000

13750

503250

2057

73

1000000

1000000

13500

516750

2058

74

1000000

1000000

13500

530250

2059

75

1000000

1000000

13250

543500

2060

76

1000000

1000000

13000

556500

2061

77

1000000

1000000

12750

569250

2062

78

1000000

1000000

12250

581500

2063

79

1000000

1000000

12250

593750

2064

80

1000000

1000000

12000

605750

2065

81

1000000

1000000

11500

617250

2066

82

1000000

1000000

11250

628500

2067

83

1000000

1000000

10750

639250

2068

84

1000000

1000000

10750

650000

2069

85

1000000

1000000

10250

660250

2070

86

1000000

1000000

9750

670000

2071

87

1000000

1000000

9500

679500

2072

88

1000000

1000000

9250

688750

2073

89

1000000

1000000

9000

697750

2074

90

1000000

1000000

9000

706750

2075

91

1000000

1000000

9000

715750

2076

92

1000000

1000000

8750

724500

2077

93

1000000

1000000

9250

733750

2078

94

1000000

1000000

11750

745500

2079

95

1000000

1000000

10250

755750

2080

96

1000000

1000000

19500

775250

2081

97

1000000

1000000

19000

794250

2082

98

1000000

1000000

43750

838000

2083

99

1000000

1000000

31000

869000

2084

100

1000000

1000000

1066422

329532

736890

2129000

G. SUDHAKAR DEV.OFFICER
Sample Report For Demonstration Purpose Only
LIC OF INDIA, Gandhi Road
Chittoor
Cell: 9441985800
e-mail. gsudhakar.lic@gmail.com

Benefits Summary*
Minimum Risk Cover (Normal)

Rs. 1047000

Minimum Risk Cover (Accidental)

Rs. 1547000

Maximum Risk Cover (Normal)

Rs. 2129000

Maximum Risk Cover (Accidental)

Rs. 2629000

Annual Tax Savings (Sec. 80 CCE)

Rs. 15692

Total Premium to be paid

Rs. 1066422

Maturity Amount in 2034

Rs. 2129000

Yield on Investment

8.85%

Free Risk Cover from 2034


onwards for Lifetime

Rs. 1000000

Free additional accidental cover


from 2034 to 2054 ,when you
reach age of 70 yrs

Rs. 500000

1. '*' : - Assuming that LIC will declare the above mentioned bonus rates for the year ended 31-Mar-2013
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.