933-Jeevan Lakshya

Prepared By

PRATIK AGARWAL
Development Officer (L.I.C)
Ph: 7999659355
pratikagrawal706@gmail.com
 This is proposed to

Proposer Details
Name
Age 28
Plan Name 933-Jeevan Lakshya
Sum Assured 1630000
Policy Term 19
PPT 16
DAB Rider 1630000
AD & DB Rider 0
Term Rider 0
CIR SA 0
PWB Rider -

First Year Premium

YLY HLY QLY MLY
100344 50700 25614 8538
96023+4321 48517+2183 24511+1103 8170+368

2nd year onwards

YLY HLY QLY MLY
98184 49609 25063 8354
96023+2161 48517+1092 24511+552 8170+184

Total Premium Rs.1573104

Total Returns Rs.3012240

Save Rs.269 per day for 16 yrs, and get a

bulk amount of Rs.3012240 at Age:47
Year Age Premium Natural Accidental Returns CashValue Loan

2021 28 100344 0 1630000 0 0 0

2022 29 98184 0 1630000 0 57613 51851

2023 30 98184 0 1630000 0 120472 108424

2024 31 98184 0 1630000 0 238680 214812

2025 32 98184 0 1630000 0 300234 270210

2026 33 98184 0 1630000 0 360280 324252

2027 34 98184 0 1630000 0 420711 378639

2028 35 98184 0 1630000 0 502824 452541

2029 36 98184 0 1630000 0 591095 531985

2030 37 98184 0 1630000 0 685998 617398

2031 38 98184 0 1630000 0 787801 709020

2032 39 98184 0 1630000 0 897038 807334

2033 40 98184 0 1630000 0 1013933 912539

2034 41 98184 0 1630000 0 1139554 1025598

2035 42 98184 0 1630000 0 1282170 1153953

2036 43 98184 0 1630000 0 1429960 1286964

2037 44 0 0 1630000 0 1589514 1430562

2038 45 0 0 1630000 0 1769534 1592580

2039 46 0 0 1630000 0 1874226 1686803

2040 47 0 0 0 3012240 0 0

0 0 1573104 0 0 3012240 0 0
Lets claculate the Risk cover at Age 32
Natural Risk Cover:

10% of the Sum Assured is given every year from

Age:32-Age:46
163000*15=Rs.2445000

On maturity 110% of Sum Assured along with bonus is

given
Rs.3175240

2445000+3175240+0 = Rs.5620240

Accidental Risk Cover:

Double Accidental Benefit is given immediatelly at

Age:32 (Rs.1630000)

10% of the Sum Assured is given every year from

Age:32-Age:46
163000*15=Rs.2445000

On maturity 110% of Sum Assured along with bonus is

given
Rs.3175240

1630000+2445000+3175240+0 = Rs.7250240
 Accidental Risk Cover at Age:32

Year Age Premium Natural Accidental Returns CashValue Loan

2021 28 100344 0 1630000 0 0 0

2022 29 98184 0 1630000 0 57613 51851

2023 30 98184 0 1630000 0 120472 108424

2024 31 98184 0 1630000 0 238680 214812

2025 32 0 0 0 1793000 300234 270210

2026 33 0 0 0 163000 360280 324252

2027 34 0 0 0 163000 420711 378639

2028 35 0 0 0 163000 502824 452541

2029 36 0 0 0 163000 591095 531985

2030 37 0 0 0 163000 685998 617398

2031 38 0 0 0 163000 787801 709020

2032 39 0 0 0 163000 897038 807334

2033 40 0 0 0 163000 1013933 912539

2034 41 0 0 0 163000 1139554 1025598

2035 42 0 0 0 163000 1282170 1153953

2036 43 0 0 0 163000 1429960 1286964

2037 44 0 0 0 163000 1589514 1430562

2038 45 0 0 0 163000 1769534 1592580

2039 46 0 0 0 163000 1874226 1686803

2040 47 0 0 0 3175240 0 0

0 0 394896 0 0 7250240 0 0
 You have to pay the premium for 16 yrs
(from Age:28 - Age:43)

If you take the payment mode as yly then you have to pay Rs.100344 for the
first year,from 2nd year onwards Rs.98184

Totally you will pay Rs.1573104

At Age:47 you will receive Rs.3012240

Natural Risk cover is as explained above

Accidental Risk cover is as explained above

If you close the policy you will receive the amount as shown in the above table
under CashValue Column...For example
if you close at Age-35, you will receive Rs.502824

You can take the loan as shown in the above table under Loan Column...For
example
at Age-35, you can take a loan of Rs.452541

Medical Report: FMR,RUA,Lipidogram,Elisa for HIV,Hb%

Disclaimer : The Benefits shown in this presentation are as per the 8% Benefit
illustration of LIC of India, Actual values may vary, depends on the corporation profits
and experience