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Computer Generated Benefit Receipt

This document shows the annual benefits and values for a life insurance policy over a 10 year period. It includes the annual premium, sum assured, accrued guaranteed additions, guaranteed loyalty additions, death benefit, and surrender value. In the 5th year, the accrued guaranteed additions reach 41,175 and the surrender value reaches 1,60,798. The death benefit remains at 4,72,549 for the remaining years, and in the 10th year the policy also matures with a guaranteed maturity benefit of 2,97,864.

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kunal
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55 views1 page

Computer Generated Benefit Receipt

This document shows the annual benefits and values for a life insurance policy over a 10 year period. It includes the annual premium, sum assured, accrued guaranteed additions, guaranteed loyalty additions, death benefit, and surrender value. In the 5th year, the accrued guaranteed additions reach 41,175 and the surrender value reaches 1,60,798. The death benefit remains at 4,72,549 for the remaining years, and in the 10th year the policy also matures with a guaranteed maturity benefit of 2,97,864.

Uploaded by

kunal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Benefit Illustration

Annual Accrued
Guaranteed Guaranteed Guaranteed
End of Policy Premium Basic Sum Guaranteed Death Surrender
Age Yearly Loyalty Maturity
Year (excl. ST & Assured Yearly Benefit Value
Additions Additions Benefit
cess) Additions

1 36 39,216 2,33,354 2,745 2,745 0 0 4,34,118 0

2 37 39,216 2,33,354 5,490 8,235 0 0 4,39,608 46,084

3 38 39,216 2,33,354 8,235 16,470 0 0 4,47,843 77,276

4 39 39,216 2,33,354 10,980 27,450 0 0 4,58,824 1,15,151

5 40 39,216 2,33,354 13,725 41,175 0 0 4,72,549 1,60,798

6 41 0 2,33,354 0 41,175 0 0 4,72,549 1,75,178

7 42 0 2,33,354 0 41,175 0 0 4,72,549 1,90,867

8 43 0 2,33,354 0 41,175 0 0 4,72,549 2,07,990

9 44 0 2,33,354 0 41,175 0 0 4,72,549 2,26,669

10 45 0 2,33,354 0 41,175 23,335 2,97,864 4,72,549 2,47,077

This is a computer generated receipt and does not require a manual signature

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