L I C's JEEVAN ANURAAG PLAN

L I C's Jeevan Anuraag 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: 7lacs //
Prem: 54214// IT slab: 30% // Bonus: 40/'000
Risk Cover
Year

Age

Normal

Accident

Annual

Tax

Premium

Saved

Nett

Returns

Premium From L.I.C.

New Loan Total Loan
Available

Available

2010

37

700000

1400000

54214

18427

35787

0

0

2011

38

700000

1400000

54214

18427

35787

0

0

0

2012

39

700000

1400000

54214

18427

35787

0

47000

47000

2013

40

700000

1400000

54214

18427

35787

0

40750

87750

2014

41

700000

1400000

54214

18427

35787

0

36000

123750

2015

42

700000

1400000

54214

18427

35787

0

41000

164750

2016

43

700000

1400000

54214

18427

35787

0

43500

208250

2017

44

700000

1400000

54214

18427

35787

0

49000

257250

2018

45

700000

1400000

54214

18427

35787

0

55500

312750

2019

46

700000

1400000

54214

18427

35787

0

63500

376250

2020

47

700000

1400000

54214

18427

35787

0

72500

448750

2021

48

700000

1400000

54214

18427

35787

0

87750

536500

2022

49

700000

1400000

54214

18427

35787

140000

142250

538750

2023

50

700000

1400000

54214

18427

35787

140000

138750

537500

2024

51

700000

1400000

54214

18427

35787

140000

158250

555750

2025

52

0

0

0

0
Total :

0

0

0

728000

813210

276405

536805

1148000

0

Graphical presentation
Premium Paying Period

40% SA
+Bonus
+FAB
20% SA

20% SA

20% SA

Loan from 3rd year onwards
3rd year

Start

D = SA

BENEFITS

Premium payment for only 19 years
12th yr
140000
13th yr
140000
14th yr
140000
15th yr
728000
Total
1148000

12
No premium if 'D' occurs

13

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15

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