You are on page 1of 6

Presentation specially prepared for

Mr. Gupta
for building the career of your child

Mast. Rahul

Presented by:

Harish Chand
Delhi LIC Agent
577, GH-9, PASCHIM VIHAR
NEW DELHI- 110087

INDIA, 9811896425, 9212201725


www.delhiLICagent.com
Presentation specially prepared for

Mr. Gupta
Age 30 yrs

for building the career of your child

Mast. Rahul
Age 2 yrs

As a parent you want the best for your child, Rahul. You would go to any lengths to take care of his
requirements even at the cost of your own. His requirements are spread over a long period of time and
therefore need to be planned well in advance. With rising inflation and a higher cost of living, you need to go
that extra mile to ensure that Rahul comfortably realises his dream.

LIC’s Child Fortune Plus is a unique Unit Linked Insurance Plan that offers you the most innovative solution to
meet the educational and upbringing expenses of your child with relative ease, even in case you aren't around.

How will the LIC’s Child Fortune Plan work for you?
l Under this plan a Monthly premium of Rs.2000 for a term of 23 years has been proposed. The policy will
mature when Rahul attains 25 years of age.
l The sum assured under this policy will be Rs.600000. This means that your life will be covered to the tune
of Rs.600000.
l The premiums paid under this policy will be invested in one of the four funds of your choice; viz. Bond,
Secured, Balanced or Growth fund. However, the investment will be made after deducting all the costs from
the premium.
l Assuming a growth of 10% on the invested amount in the Balanced fund, you will receive a maturity
amount of Rs.864091 in the year 2033.
l During the term of the policy you can also do partial withdrawals from your fund account (after 3 years) to
meet the financial needs of your child’s education.*
l In the unfortunate event of your untimely death, this policy will help your child in the following manner:

w Sum Assured of Rs.600000 will be paid


w All future premiums and any outstanding premiums on this policy will be waived
w Additional units worth the sum of all future premiums (including any outstanding premiums) will be
immediately credited into your fund ledger
w The policy will continue with partial withdrawals, Surrender and Maturity benefits available to Rahul.

Other Special Features of this Plan


l You can make additional investments in the policy by using the Top up options.*

l In case you miss out on payment of any premiums, your insurance will still be covered. The risk premium will
be recovered from your fund account appropriately.*
l You can switch between the funds many times during the year. Four switches per year are free and thereafter
@ Rs.100/- per switch
l You have an option to either take the maturity in lumpsum on maturity date or take in 5 yearly or 10
half-yearly installments.*
l Premiums paid under this policy are entitled for tax benefits under section 80CCE

* - Conditions apply

Presented by:

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

577, GH-9, PASCHIM VIHAR


NEW DELHI- 110087
INDIA, 9811896425, 9212201725
www.delhiLICagent.com

Child Fortune Plus Plan Presentation For Mr. Gupta (age 30 yrs.)

Date of Report : 12/11/2010 Risk Covered


Child : Rahul (age 2 yrs.) Life Cover : Rs. 600000

Mode of Premium : Monthly Installment Premium : Rs. 2000

Growth of Growth fund under 6% Scenario

Age #Premium Death Benefit


End of *Fund/ Partial
Policy Surrender Withdwl. **Addition
Year L.A. Child Annual Top Up Total Paid Tax Saved Value Available Cash to Fund

1 31 3 24000 0 24000 8078 14068 0 600000 550000

2 32 4 24000 0 48000 8078 35960 0 600000 526000

3 33 5 24000 0 72000 8078 58943 0 600000 502000

4 34 6 24000 0 96000 8078 83733 33618 600000 478000

5 35 7 24000 0 120000 8078 109719 59502 600000 454000

6 36 8 24000 0 144000 8078 136954 86631 600000 430000

7 37 9 24000 0 168000 8078 165474 115041 600000 406000

8 38 10 24000 0 192000 8078 195326 144780 600000 382000

9 39 11 24000 0 216000 8078 226566 175901 600000 358000

10 40 12 24000 0 240000 8078 259250 208462 600000 334000

11 41 13 0 0 240000 0 269388 220524 600000 312000

12 42 14 0 0 240000 0 279782 230896 600000 312000

13 43 15 0 0 240000 0 290475 241563 600000 312000

14 44 16 0 0 240000 0 301461 252524 600000 312000

15 45 17 0 0 240000 0 312693 263735 600000 312000

16 46 18 0 0 240000 0 324121 275147 600000 312000

17 47 19 0 0 240000 0 335692 286706 600000 312000

18 48 20 0 0 240000 0 347353 298359 600000 312000

19 49 21 0 0 240000 0 359044 310047 600000 312000

20 50 22 0 0 240000 0 370693 321701 600000 312000

21 51 23 0 0 240000 0 382239 333255 600000 312000

22 52 24 0 0 240000 0 393621 344651 600000 312000

23 53 25 0 0 240000 0 404761 0 0 0

* Surrender value is availble only after completion of first three years.


** Addition to fund is the sum of all future premiums as on the date of death. This amount will be credited into your fund ledger.
# On death of the Life Assured all future premiums on this policy will be waived.

Disclaimer
i) The benefits shown in this illustration is calculated on the assumption that the Projected Investment Rate of Return that LICI will be able
to earn throughout the term of the policy will be 6% p.a.. The Projected Investment Rate of Return is not guaranteed.
ii) The main objective of the illustration is that the client is able to appreciate the features of the product and the flow of benefits in different
circumstances with some level of quantification. While the presenter has taken full care to give correct picture of benefits, the presenter does
not undertake any responsibilities of inaccuracies that might have reflected in the illustration.

* For private circulation only


Harish Chand
Delhi LIC Agent

577, GH-9, PASCHIM VIHAR


NEW DELHI- 110087
INDIA, 9811896425, 9212201725
www.delhiLICagent.com

Child Fortune Plus Plan Presentation For Mr. Gupta (age 30 yrs.)

Date of Report : 12/11/2010 Risk Covered


Child : Rahul (age 2 yrs.) Life Cover : Rs. 600000

Mode of Premium : Monthly Installment Premium : Rs. 2000

Fund Projection Details under 6% Scenario

Premium Investible Policy Addition


Policy Annualised Alloc Portion of Admin Fund Mgt *Other Total to Fund Fund at
Year Premium Charges Premium Charge Charge Charges Charges (if any) the End

1 24000 6960 17040 720 60 2631 10372 440 14068

2 24000 1200 22800 240 206 1965 3611 1503 35960

3 24000 1200 22800 247 385 1994 3826 2810 58943

4 24000 600 23400 255 576 1983 3414 4204 83733

5 24000 600 23400 262 779 2056 3697 5683 109719

6 24000 600 23400 270 992 2136 3998 7234 136954

7 24000 600 23400 278 1215 2246 4339 8858 165474

8 24000 600 23400 287 1448 2372 4706 10559 195326

9 24000 600 23400 295 1692 2512 5099 12339 226566

10 24000 600 23400 304 1947 2666 5517 14201 259250

11 0 0 0 313 2111 2835 5260 15398 269388

12 0 0 0 323 2193 3086 5602 15995 279782

13 0 0 0 332 2278 3307 5917 16609 290475

14 0 0 0 342 2364 3548 6254 17241 301461

15 0 0 0 352 2453 3850 6655 17887 312693

16 0 0 0 363 2543 4212 7119 18547 324121

17 0 0 0 374 2635 4635 7644 19216 335692

18 0 0 0 385 2728 5119 8232 19892 347353

19 0 0 0 397 2821 5663 8880 20571 359044

20 0 0 0 409 2914 6277 9600 21250 370693

21 0 0 0 421 3006 6952 10379 21924 382239

22 0 0 0 433 3098 7677 11208 22591 393621

23 0 0 0 446 3188 8472 12106 23245 404761

* Other Charges includes Mortality charges and service tax on premium allocation charges, policy administration charges, mortality
charges & fund management charges.

* For private circulation only


Harish Chand
Delhi LIC Agent

577, GH-9, PASCHIM VIHAR


NEW DELHI- 110087
INDIA, 9811896425, 9212201725
www.delhiLICagent.com

Child Fortune Plus Plan Presentation For Mr. Gupta (age 30 yrs.)

Date of Report : 12/11/2010 Risk Covered


Child : Rahul (age 2 yrs.) Life Cover : Rs. 600000

Mode of Premium : Monthly Installment Premium : Rs. 2000

Growth of Growth fund under 10% Scenario

Age #Premium Death Benefit


End of *Fund/ Partial
Policy Surrender Withdwl. **Addition
Year L.A. Child Annual Top Up Total Paid Tax Saved Value Available Cash to Fund

1 31 3 24000 0 24000 8078 14356 0 600000 550000

2 32 4 24000 0 48000 8078 37265 0 600000 526000

3 33 5 24000 0 72000 8078 62226 0 600000 502000

4 34 6 24000 0 96000 8078 90095 39678 600000 478000

5 35 7 24000 0 120000 8078 120421 69791 600000 454000

6 36 8 24000 0 144000 8078 153418 102556 600000 430000

7 37 9 24000 0 168000 8078 189296 138184 600000 406000

8 38 10 24000 0 192000 8078 228302 176919 600000 382000

9 39 11 24000 0 216000 8078 270703 219026 600000 358000

10 40 12 24000 0 240000 8078 316793 264795 600000 334000

11 41 13 0 0 240000 0 342349 292134 600000 312000

12 42 14 0 0 240000 0 369950 319557 600000 312000

13 43 15 0 0 240000 0 399813 349224 600000 312000

14 44 16 0 0 240000 0 432120 381320 600000 312000

15 45 17 0 0 240000 0 467029 416003 600000 312000

16 46 18 0 0 240000 0 504712 453446 600000 312000

17 47 19 0 0 240000 0 545355 493832 600000 312000

18 48 20 0 0 240000 0 589163 537365 600000 312000

19 49 21 0 0 240000 0 636357 584266 600000 312000

20 50 22 0 0 240000 0 687169 634764 600000 312000

21 51 23 0 0 240000 0 741862 689121 600000 312000

22 52 24 0 0 240000 0 800735 747632 600000 312000

23 53 25 0 0 240000 0 864091 0 0 0

* Surrender value is availble only after completion of first three years.


** Addition to fund is the sum of all future premiums as on the date of death. This amount will be credited into your fund ledger.
# On death of the Life Assured all future premiums on this policy will be waived.

Disclaimer
i) The benefits shown in this illustration is calculated on the assumption that the Projected Investment Rate of Return that LICI will be able
to earn throughout the term of the policy will be 10% p.a.. The Projected Investment Rate of Return is not guaranteed.
ii) The main objective of the illustration is that the client is able to appreciate the features of the product and the flow of benefits in different
circumstances with some level of quantification. While the presenter has taken full care to give correct picture of benefits, the presenter does
not undertake any responsibilities of inaccuracies that might have reflected in the illustration.

* For private circulation only


Harish Chand
Delhi LIC Agent

577, GH-9, PASCHIM VIHAR


NEW DELHI- 110087
INDIA, 9811896425, 9212201725
www.delhiLICagent.com

Child Fortune Plus Plan Presentation For Mr. Gupta (age 30 yrs.)

Date of Report : 12/11/2010 Risk Covered


Child : Rahul (age 2 yrs.) Life Cover : Rs. 600000

Mode of Premium : Monthly Installment Premium : Rs. 2000

Fund Projection Details under 10% Scenario

Premium Investible Policy Addition


Policy Annualised Alloc portion of Admin Fund Mgt *Other Total to Fund Fund at
Year Premium Charges Premium Charge Charge Charges Charges (if any) the End

1 24000 6960 17040 720 61 2632 10373 729 14356

2 24000 1200 22800 240 212 1966 3618 2527 37265

3 24000 1200 22800 247 404 1996 3847 4807 62226

4 24000 600 23400 255 615 1987 3457 7326 90095

5 24000 600 23400 262 848 2063 3773 10099 120421

6 24000 600 23400 270 1101 2147 4119 13115 153418

7 24000 600 23400 278 1377 2263 4518 16397 189296

8 24000 600 23400 287 1676 2395 4958 19964 228302

9 24000 600 23400 295 2002 2544 5441 23842 270703

10 24000 600 23400 304 2356 2708 5968 28057 316793

11 0 0 0 313 2636 2889 5838 31394 342349

12 0 0 0 323 2848 3153 6324 33925 369950

13 0 0 0 332 3078 3389 6800 36663 399813

14 0 0 0 342 3327 3647 7316 39624 432120

15 0 0 0 352 3596 3968 7916 42825 467029

16 0 0 0 363 3886 4351 8600 46282 504712

17 0 0 0 374 4199 4797 9370 50013 545355

18 0 0 0 385 4537 5305 10227 54035 589163

19 0 0 0 397 4901 5877 11175 58368 636357

20 0 0 0 409 5293 6522 12223 63036 687169

21 0 0 0 421 5715 7231 13366 68060 741862

22 0 0 0 433 6169 7993 14595 73468 800735

23 0 0 0 446 6657 8829 15933 79289 864091

* Other Charges includes Mortality charges and service tax on premium allocation charges, policy administration charges, mortality
charges & fund management charges.

* For private circulation only