Benefit Illustration

LIC's New Jeevan Anand (T-915)

A Non-Linked, Participating, Individual, Life Assurance Savings Plan
(Unique Identification Number - 512N279V02)

Distribution channel Offline Agency name Agency code

Name of prospect aman sharma Age of prospect 20 Date of illustration 15-09-2021
Name of life assured aman sharma Age of life assured 20 Benefit UID 210915083211614649
Policy term 35 Premium paying term 35 Premium payment mode Yearly
Basic sum assured 1000000 Death sum assured 1250000 Instalment premium 26351.00
Bonus type Simple reversionary and final additional bonus

Premium summary
Particular Base plan Riders1 Total instalment premium
Instalment premium without GST 26351.00 26351.00
Instalment premium with GST @ 4.50% (1st year) 27537.00 27537.00
Instalment premium with GST @ 2.25% (2nd year onwards) 26943.90 26943.90
GST rate shall be as applicable from time to time

How to read and understand this benefit illustration?

This benefit illustration is intended to show year-wise premiums payable and benefits under the policy, at two assumed rates of interest i.e., 8% p.a. and 4% p.a.

Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your insurer carrying on life insurance business. If your policy
offers guaranteed benefits then these will be clearly marked 'guaranteed' in the illustration table on this page. If your policy offers variable benefits then the illustrations on this
page will show two different rates of assumed future investment returns, of 8% p.a. and 4% p.a. These assumed rates of return are not guaranteed and they are not the upper
or lower limits of what you might get back, as the value of your policy is dependent on a number of factors including future investment performance.

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 (Amount in rupees)

Non-guaranteed benefits Non-guaranteed benefits Total benefits (including guaranteed and non-guaranteed benefits)
Guaranteed benefits
@ 4% p.a. @ 8% p.a. Maturity benefit Death benefit3 Surrender benefit4
Maturity Maturity Death Death
Annualised benefit, incl. benefit, incl. benefit, incl. benefit, incl.
Policy year premium2 of final of final of final of final
(cumulative) Surrender Surrender
Surrender Death Maturity Reversionar Surrender Reversionar Surrender additional additional additional additional
benefit @ benefit @
benefit benefit benefit y bonus benefit y bonus benefit bonus bonus bonus bonus
4% (3+7) 8% (3+9)
(FAB), if (FAB), if (FAB), if (FAB), if
any, @ 4% any, @ 8% any, @ 4% any, @ 8%
(5+6+FAB) (5+8+FAB) (4+6+FAB) (4+8+FAB)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15)
1 26351 0 1250000 0 4000 0 32000 0 0 0 1254000 1282000 0 0

2 52702 15811 1250000 0 8000 0 64000 0 0 0 1258000 1314000 15811 15811

3 79053 27669 1250000 0 12000 240 96000 1920 0 0 1262000 1346000 27909 29589

4 105404 52702 1250000 0 16000 490 128000 3917 0 0 1266000 1378000 53192 56619

5 131755 65878 1250000 0 20000 1202 160000 9616 0 0 1270000 1410000 67080 75494

6 158106 79053 1250000 0 24000 1442 192000 11539 0 0 1274000 1442000 80495 90592

7 184457 92229 1250000 0 28000 2971 224000 23766 0 0 1278000 1474000 95200 115995

8 210808 107744 1250000 0 32000 3859 256000 30874 0 0 1282000 1506000 111603 138618

9 237159 123844 1250000 0 36000 4752 288000 38016 0 0 1286000 1538000 128596 161860

10 263510 140530 1250000 0 40000 5652 320000 45216 0 0 1290000 1570000 146182 185746

11 289861 157800 1250000 0 44000 6574 352000 52589 0 0 1294000 1602000 164374 210389

12 316212 175687 1250000 0 48000 7262 384000 58099 0 0 1298000 1634000 182949 233786

13 342563 194130 1250000 0 52000 7946 416000 63565 0 0 1302000 1666000 202076 257695

14 368914 213159 1250000 0 56000 8635 448000 69082 0 0 1306000 1698000 221794 282241

15 395265 232772 1250000 0 60000 9330 480000 74640 0 0 1310000 1735000 242102 307412

16 421616 252970 1250000 0 64000 10061 512000 80486 0 0 1314000 1767000 263031 333456

17 447967 273753 1250000 0 68000 10832 544000 86659 0 0 1318000 1804000 284585 360412

18 474318 295121 1250000 0 72000 11678 576000 93427 0 0 1322000 1841000 306799 388548

19 500669 317074 1250000 0 76000 12601 608000 100806 0 0 1326000 1878000 329675 417880

20 527020 339612 1250000 0 80000 13624 640000 108992 0 0 1330000 1915000 353236 448604

21 553371 362790 1250000 0 84000 14767 672000 118138 0 0 1334000 1952000 377557 480928

22 579722 386501 1250000 0 88000 15470 704000 123763 0 0 1338000 1999000 401971 510264

23 606073 410796 1250000 0 92000 16247 736000 129978 0 0 1342000 2046000 427043 540774

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 (Amount in rupees)

Non-guaranteed benefits Non-guaranteed benefits Total benefits (including guaranteed and non-guaranteed benefits)
Guaranteed benefits
@ 4% p.a. @ 8% p.a. Maturity benefit Death benefit3 Surrender benefit4
Maturity Maturity Death Death
Annualised benefit, incl. benefit, incl. benefit, incl. benefit, incl.
Policy year premium2 of final of final of final of final
(cumulative) Surrender Surrender
Surrender Death Maturity Reversionar Surrender Reversionar Surrender additional additional additional additional
benefit @ benefit @
benefit benefit benefit y bonus benefit y bonus benefit bonus bonus bonus bonus
4% (3+7) 8% (3+9)
(FAB), if (FAB), if (FAB), if (FAB), if
any, @ 4% any, @ 8% any, @ 4% any, @ 8%
(5+6+FAB) (5+8+FAB) (4+6+FAB) (4+8+FAB)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15)
24 632424 435677 1250000 0 96000 17136 768000 137088 0 0 1346000 2093000 452813 572765

25 658775 461143 1250000 0 100000 18160 800000 145280 0 0 1350000 2150000 479303 606423

26 685126 487193 1250000 0 104000 19344 832000 154752 0 0 1354000 2207000 506537 641945

27 711477 513829 1250000 0 108000 20714 864000 165715 0 0 1358000 2264000 534543 679544

28 737828 541049 1250000 0 112000 22322 896000 178573 0 0 1362000 2321000 563371 719622

29 764179 568855 1250000 0 116000 24186 928000 193488 0 0 1366000 2378000 593041 762343

30 790530 597324 1250000 0 120000 26388 960000 211104 0 0 1370000 2450000 623712 808428

31 816881 626303 1250000 0 124000 28991 992000 231930 0 0 1374000 2522000 655294 858233

32 843232 655866 1250000 0 128000 32064 1024000 256512 0 0 1378000 2594000 687930 912378

33 869583 686014 1250000 0 132000 35719 1056000 285754 0 0 1382000 2666000 721733 971768

34 895934 806341 1250000 0 136000 40800 1088000 326400 0 0 1386000 2738000 847141 1132741

35 922285 830057 1250000 1000000 140000 49000 1120000 392000 1140000 2560000 1390000 2810000 879057 1222057

36 onwards 922285 0 1000000 0 0 0 0 0 0 0 1000000 1000000 0 0

Notes:

The main objective of the illustration is that the client is able to appreciate the features of the products and the flow of the benefit in different circumstances with some level of
quantification. This illustration is applicable to a standard (from medical, life style and occupation point of view) life.

1. It includes rider(s) premiums in respect of all the rider(s) opted by the proposer/policyholder at inception of the policy.
2. Annualized premium excludes underwriting extra premium, frequency loadings on premiums, the premiums paid towards the riders, if any, and goods & service tax.
Refer sales literature for explanation of terms used in this illustration.
3. In any case, the total death benefit at any time shall not be less than 105% of the total premiums paid (excluding GST, extra premium and rider premiums, if any).
4. Special surrender value may however be payable, if it is more favourable to the policyholder. Further, residual life cover after the date of maturity is also eligible for
special surrender value.

I, ________________________________________ (name), have explained the I, ________________________________________ (name), having received

premiums, charges and benefits under the policy fully to the prospect the information with respect to the above, have understood the above

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/policyholder. statemement before entering into the contract.
Place : Place :
Date : Signature of agent/intermediary/official Date : Signature of prospect/policyholder

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