933-Jeevan Lakshya

Prepared By

NEELAM KUMARI
ADVISOR- LIFE INS CORP OF INDIA
Ph: 7719641163
neelamkumari11215@gmail.com
 This is proposed to

Proposer Details
Name
Age 40
Plan Name 933-Jeevan Lakshya
Sum Assured 1000000
Policy Term 25
PPT 22
DAB Rider 1000000
AD & DB Rider 0
Term Rider 1000000
CIR SA 0
PWB Rider -

First Year Premium

YLY HLY QLY MLY
55138 27861 14076 4692
52764+2374 26661+1200 13470+606 4490+202

2nd year onwards

YLY HLY QLY MLY
53951 27261 13773 4591
52764+1187 26661+600 13470+303 4490+101

Total Premium Rs.1188109

Total Returns Rs.2600000

Save Rs.148 per day for 22 yrs, and get a

bulk amount of Rs.2600000 at Age:65
Year Age Premium Natural Accidental Returns CashValue Loan

2022 40 55138 1000000 2000000 0 0 0

2023 41 53951 1000000 2000000 0 31658 25326

2024 42 53951 1000000 2000000 0 68573 54858

2025 43 53951 1000000 2000000 0 133900 107120

2026 44 53951 1000000 2000000 0 167676 134140

2027 45 53951 1000000 2000000 0 201680 161344

2028 46 53951 1000000 2000000 0 235969 188775

2029 47 53951 1000000 2000000 0 278175 222540

2030 48 53951 1000000 2000000 0 322844 258275

2031 49 53951 1000000 2000000 0 370072 296057

2032 50 53951 1000000 2000000 0 420135 336108

2033 51 53951 1000000 2000000 0 469473 375578

2034 52 53951 1000000 2000000 0 521215 416972

2035 53 53951 1000000 2000000 0 575534 460427

2036 54 53951 1000000 2000000 0 636423 509138

2037 55 53951 1000000 2000000 0 697724 558179

2038 56 53951 1000000 2000000 0 762557 610045

2039 57 53951 1000000 2000000 0 831222 664977

2040 58 53951 1000000 2000000 0 906250 725000

2041 59 53951 1000000 2000000 0 987427 789941

2042 60 53951 1000000 2000000 0 1077055 861644

2043 61 53951 1000000 2000000 0 1178757 943005

2044 62 0 1000000 2000000 0 1303449 1042759

2045 63 0 1000000 2000000 0 1449276 1159420

2046 64 0 1000000 2000000 0 1535288 1228230

2047 65 0 0 0 2600000 0 0
0 0 1188109 0 0 2600000 0 0
Lets claculate the Risk cover at Age 44
Natural Risk Cover:

10% of the Sum Assured is given every year from

Age:44-Age:64
100000*21=Rs.2100000

On maturity 110% of Sum Assured along with bonus is

given
Rs.2700000

2100000+2700000+1000000 = Rs.5800000

Accidental Risk Cover:

Double Accidental Benefit is given immediatelly at

Age:44 (Rs.1000000)

10% of the Sum Assured is given every year from

Age:44-Age:64
100000*21=Rs.2100000

On maturity 110% of Sum Assured along with bonus is

given
Rs.2700000

1000000+2100000+2700000+1000000 = Rs.6800000

Term Rider SA Rs.1000000 is given immediately

 Accidental Risk Cover at Age:44

Year Age Premium Natural Accidental Returns CashValue Loan

2022 40 55138 1000000 2000000 0 0 0

2023 41 53951 1000000 2000000 0 31658 25326

2024 42 53951 1000000 2000000 0 68573 54858

2025 43 53951 1000000 2000000 0 133900 107120

2026 44 0 0 0 2100000 167676 134140

2027 45 0 0 0 100000 201680 161344

2028 46 0 0 0 100000 235969 188775

2029 47 0 0 0 100000 278175 222540

2030 48 0 0 0 100000 322844 258275

2031 49 0 0 0 100000 370072 296057

2032 50 0 0 0 100000 420135 336108

2033 51 0 0 0 100000 469473 375578

2034 52 0 0 0 100000 521215 416972

2035 53 0 0 0 100000 575534 460427

2036 54 0 0 0 100000 636423 509138

2037 55 0 0 0 100000 697724 558179

2038 56 0 0 0 100000 762557 610045

2039 57 0 0 0 100000 831222 664977

2040 58 0 0 0 100000 906250 725000

2041 59 0 0 0 100000 987427 789941

2042 60 0 0 0 100000 1077055 861644

2043 61 0 0 0 100000 1178757 943005

2044 62 0 0 0 100000 1303449 1042759

2045 63 0 0 0 100000 1449276 1159420

2046 64 0 0 0 100000 1535288 1228230

2047 65 0 0 0 2700000 0 0

0 0 216991 0 0 6800000 0 0
You have to pay the premium for 22 yrs
(from Age:40 - Age:61)

If you take the payment mode as yly then you have to pay Rs.55138 for the first
year,from 2nd year onwards Rs.53951

Totally you will pay Rs.1188109

At Age:65 you will receive Rs.2600000

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-47, you will receive Rs.278175

You can take the loan as shown in the above table under Loan Column...For
example
at Age-47, you can take a loan of Rs.222540

Medical Report: For Proposers under NMS(Including NRIs/FNIOs of group V

countries), And NMG(Professional) and NMG(Self-Employed) Criteria upto age
60 LBD
----MER----

For Proposers under NMG(SAP) and NMG(NSAP) for others

----MER----
Disclaimer : The Benefits shown in this presentation are calculated based on the
current bonus rates, Actual values may vary depends on the corporation profits and
experience