km muniraju

bangalore
9880184759 km.muniraju66@gmail.com

These calculations are presently based on specific data feeding & are liable to revision / alterations according to Govt.policies. Page 1 of 6
* THERE IS NO SUBSTITUTE FOR LIFE INSURANCE INSURANCE TODAY FOR BETTER TOMORROW
Quot Date :06-08-2021, ClientID: 1680168, Ver. 1.6.0
km muniraju
bangalore
9880184759 km.muniraju66@gmail.com

Plan Information
JEEVAN LABH PLAN (936)
UIN : 512N304V01

Jeevan Labh Plan (936) is a limited premium paying, non-linked, with-profits Endowment Assurance
plan.

Premium Payment Mode:

Yearly, Halfly, Quarterly, Monthly(ECS)

Term :
16 Year
21 Year
25 Year

PPT :
For Term 16 Year Ppt 10 year
For Term 21 Year Ppt 15 Year
For Term 25 Year ppt 16 year

Minimum Entry Age :

8 Year Completed

Maximum Entry Age :

59 Year (Nearest Birthday)

Maximum Maturity Age :

75 Year

Minimum Sum Assured :

2,00,000

Maximum Sum Assured :

NO LIMIT (Depending upon Income)

Maximum Accidental Death and Disability Benefit Rider up to age 70.

On Death :
Basic Sum-Assured, OR 7 times of Annualized Premium, OR 105%of all Premiums paid as on death,
WHICHEVER IS HIGHER.

These calculations are presently based on specific data feeding & are liable to revision / alterations according to Govt.policies. Page 2 of 6
* THERE IS NO SUBSTITUTE FOR LIFE INSURANCE INSURANCE TODAY FOR BETTER TOMORROW
Quot Date :06-08-2021, ClientID: 1680168, Ver. 1.6.0
km muniraju
bangalore
9880184759 km.muniraju66@gmail.com

On Survival :
On survival Basic Sum-Assured + Reversionary Bonus+ Final Additional Bonus.

Surrendered Value :
The Policy can be surrendered at any time during the policy term provided at least two full years
premiums have been paid.

Loan :
Loan Facility is available under this plan, after payment of premiums for at least 2 full years.

Income Tax Benefit :

• Premium paid under this plan is eligible for TAX rebate under section 80c.
• Maturity under this plan is free under sec 10(10D).

These calculations are presently based on specific data feeding & are liable to revision / alterations according to Govt.policies. Page 3 of 6
* THERE IS NO SUBSTITUTE FOR LIFE INSURANCE INSURANCE TODAY FOR BETTER TOMORROW
Quot Date :06-08-2021, ClientID: 1680168, Ver. 1.6.0
km muniraju
bangalore
9880184759 km.muniraju66@gmail.com

Basic Info
Name chethan
Age / DOB 28 /
PlanNo/Term/PPT 936 /25 /16
PlanName JEEVAN LABH PLAN (936)
SA 10,00,000
DAB 10,00,000
Bonus 47
FAB 4,50,000

Premium - First Yr (GST 4.5%)

Mode Premium Tax Total
YLY 45,223 2,035 47,258
HLY 22,844 1,027 23,871
QLY 11,537 519 12,056
MLY 3,846 173 4,019

Premium - SubSeq Yr (GST 2.25%)

Mode Premium Tax Total TotPrem
During PPT
YLY 45,224 1,017 46,241 7,40,873
HLY 22,844 513 23,357 7,48,452
QLY 11,538 259 11,797 7,56,044
MLY 3,847 86 3,933 7,56,168

These calculations are presently based on specific data feeding & are liable to revision / alterations according to Govt.policies. Page 4 of 6
* THERE IS NO SUBSTITUTE FOR LIFE INSURANCE INSURANCE TODAY FOR BETTER TOMORROW
Quot Date :06-08-2021, ClientID: 1680168, Ver. 1.6.0
km muniraju
bangalore
9880184759 km.muniraju66@gmail.com

Maturity Result
Normal Risk Cover(Max) 26,25,000
Acc.Risk Cover(Max) 27,77,000
S.A. on Maturity 10,00,000
Bonus 11,75,000
Final Additional Bonus 4,50,000
Maturity Return 26,25,000
Tax Saved 2,23,568
Gain 28,48,568
Less:Total Prem Paid 7,40,873
Nett In Hand 21,07,695

These calculations are presently based on specific data feeding & are liable to revision / alterations according to Govt.policies. Page 5 of 6
* THERE IS NO SUBSTITUTE FOR LIFE INSURANCE INSURANCE TODAY FOR BETTER TOMORROW
Quot Date :06-08-2021, ClientID: 1680168, Ver. 1.6.0
 km muniraju
bangalore
9880184759 km.muniraju66@gmail.com

Risk Cover, Tax Benefit & LIC Return

Name :chethan Age: 28

Year Ag Risk Acc.Risk Prem. Tax Nett LIC Cash Cummu. Nett.
e Cover Cover Prem. Return Value Loan Return
2021 28 10,00,000 20,00,000 47,258 13,973 33,285 0 0 0 -33,285
2022 29 10,47,000 20,47,000 46,241 13,973 32,268 0 0 0 -32,268
2023 30 10,94,000 20,94,000 46,241 13,973 32,268 0 39,444 35,500 -32,268
2024 31 11,41,000 21,41,000 46,241 13,973 32,268 0 59,722 53,750 -32,268
2025 32 11,88,000 21,88,000 46,241 13,973 32,268 0 82,777 74,500 -32,268
2026 33 12,35,000 22,35,000 46,241 13,973 32,268 0 1,08,888 98,000 -32,268
2027 34 12,82,000 22,82,000 46,241 13,973 32,268 0 1,38,333 1,24,500 -32,268
2028 35 13,29,000 23,29,000 46,241 13,973 32,268 0 1,71,944 1,54,750 -32,268
2029 36 13,76,000 23,76,000 46,241 13,973 32,268 0 2,09,444 1,88,500 -32,268
2030 37 14,23,000 24,23,000 46,241 13,973 32,268 0 2,51,944 2,26,750 -32,268
2031 38 14,70,000 24,70,000 46,241 13,973 32,268 0 2,99,444 2,69,500 -32,268
2032 39 15,17,000 25,17,000 46,241 13,973 32,268 0 3,53,055 3,17,750 -32,268
2033 40 15,64,000 25,64,000 46,241 13,973 32,268 0 4,13,055 3,71,750 -32,268
2034 41 16,11,000 26,11,000 46,241 13,973 32,268 0 4,80,000 4,32,000 -32,268
2035 42 16,58,000 26,58,000 46,241 13,973 32,268 0 5,54,722 4,99,250 -32,268
2036 43 17,25,000 27,25,000 46,241 13,973 32,268 0 6,38,055 5,74,250 -32,268
2037 44 17,77,000 27,77,000 0 0 0 0 7,19,444 6,47,500 0
2038 45 18,29,000 18,29,000 0 0 0 0 8,11,111 7,30,000 0
2039 46 18,81,000 18,81,000 0 0 0 0 9,14,722 8,23,250 0
2040 47 19,43,000 19,43,000 0 0 0 0 10,31,944 9,28,750 0
2041 48 20,10,000 20,10,000 0 0 0 0 11,65,833 10,49,250 0
2042 49 20,87,000 20,87,000 0 0 0 0 13,29,166 11,96,250 0
2043 50 21,84,000 21,84,000 0 0 0 0 15,12,500 13,61,250 0
2044 51 23,31,000 23,31,000 0 0 0 0 17,19,444 15,47,500 0
2045 52 24,78,000 24,78,000 0 0 0 0 19,52,222 17,57,000 0
2046 53 26,25,000 26,25,000 0 0 0 26,25,000 0 0 26,25,000
Total 7,40,873 2,23,568 5,17,305 26,25,00
0

These calculations are presently based on specific data feeding & are liable to revision / alterations according to Govt.policies. Page 6 of 6
* THERE IS NO SUBSTITUTE FOR LIFE INSURANCE INSURANCE TODAY FOR BETTER TOMORROW
Quot Date :06-08-2021, ClientID: 1680168, Ver. 1.6.0