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  • 861-Bachat Plus: Prepared by

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    GURSIMRAN SINGH
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    This document summarizes an insurance policy called 861-Bachat Plus. The policyholder would pay a single premium of Rs. 1,503,115 and receive Rs. 3,190,000 at age 80. It provides natural death coverage from Rs. 1,938,578 to Rs. 2,378,578 and accidental death coverage from Rs. 4,688,578 to Rs. 2,378,578 over the 12 year term. The policyholder can take loans or surrender the policy for cash value starting from year 1. A medical exam may be required depending on the proposer's age and occupation.

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    _BachatPlus_13-3-2022 1.12.10

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    This document summarizes an insurance policy called 861-Bachat Plus. The policyholder would pay a single premium of Rs. 1,503,115 and receive Rs. 3,190,000 at age 80. It provides natural death coverage from Rs. 1,938,578 to Rs. 2,378,578 and accidental death coverage from Rs. 4,688,578 to Rs. 2,378,578 over the 12 year term. The policyholder can take loans or surrender the policy for cash value starting from year 1. A medical exam may be required depending on the proposer's age and occupation.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    11 views4 pages

    861-Bachat Plus: Prepared by

    Uploaded by

    GURSIMRAN SINGH
    This document summarizes an insurance policy called 861-Bachat Plus. The policyholder would pay a single premium of Rs. 1,503,115 and receive Rs. 3,190,000 at age 80. It provides natural death coverage from Rs. 1,938,578 to Rs. 2,378,578 and accidental death coverage from Rs. 4,688,578 to Rs. 2,378,578 over the 12 year term. The policyholder can take loans or surrender the policy for cash value starting from year 1. A medical exam may be required depending on the proposer's age and occupation.

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    © All Rights Reserved
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    of 4

    861-Bachat Plus

    Prepared By

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

    Proposer Details
    Name
    Age 68
    Plan Name 861-Bachat Plus
    Sum Assured 2750000
    Policy Term 12
    PPT 1
    DAB Rider 0
    AD & DB Rider 2750000
    Term Rider 0
    CIR SA 0
    PWB Rider null

    Single Premium
    Premium GST(4.5%) Payable Prem
    1438388 64727 1503115

    Total Premium Rs.1503115


    Total Returns Rs.3190000

    Pay Rs.1503115 for single time, and get an


    amount of Rs.3190000 during the term
    Year Age Premium Natural Accidental Returns CashValue Loan

    2022 68 1503115 1938578 4688578 0 1169575 1052617

    2023 69 0 1938578 4688578 0 1489400 1340460

    2024 70 0 1938578 4688578 0 1580975 1422877

    2025 71 0 1938578 1938578 0 1678600 1510740

    2026 72 0 1938578 1938578 0 1782825 1604542

    2027 73 0 1993578 1993578 0 1833348 1650013

    2028 74 0 2076078 2076078 0 1996995 1797295

    2029 75 0 2158578 2158578 0 2175227 1957704

    2030 76 0 2213578 2213578 0 2332880 2099592

    2031 77 0 2268578 2268578 0 2504964 2254467

    2032 78 0 2323578 2323578 0 2876049 2588444

    2033 79 0 2378578 2378578 0 3190000 2871000

    2034 80 0 0 0 3190000 0 0

    0 0 1503115 0 0 3190000 0 0
    You will pay the premium of Rs.1503115 for one time

    At Age:80 you will receive Rs.3190000

    Natural Risk Cover is Rs.1938578-Rs.2378578 as shown in the above


    table.....For example
    In case of Natural Death at Age-73, Nominee will receive Rs.1993578

    Accidental Risk Cover is Rs.4688578-Rs.2378578 as shown in the above


    table.....For example
    In case of Accidental Death at Age-73, Nominee will receive Rs.1993578

    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-73, you will receive Rs.1833348

    You can take the loan as shown in the above table under Loan Column.....For
    example
    at Age-73, you can take a loan of Rs.1650013

    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
    --------

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


    --------

    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

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