Jeevan Lakshya (933-13-10)

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Mr. Sourav Soni.

Age : 28 years. (09/09/1995) Sum Assured : 11890000
Premium paying period : 10 years
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First Year Premium

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Mode Basic Premium GST @ 4.5% Total Premium
Yearly 1154285 51943 1206228
Half Yearly 583150 26242 609392
Quarterly 294579 13256 307835
Monthly 98193 4419 102612
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Subsequent Year Premiums

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Mode Basic Premium GST @ 2.25% Total Premium
Yearly 1154285 25971 1180256
Half Yearly 583150 13121 596271
Quarterly 294579 6628 301207
Monthly 98193 2209 100402
 Benefit Pattern Illustration
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(11890000 to 17763660)

Rs.17763660

Rs.1206228

Age: 38

Age: 28 Age: 41

1189000(Paid Annually)

Total Premium Total Tax Saved

Paid Returns (30 % Slab)
11828532 17763660 477000
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Maturity Benefit
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Benefits Amount
Sum Assured 11890000
Bonus* (451820 X 13) 5873660
Final Addition Bonus* (0 per 1000 SA) 0
Expected Maturity Amount 17763660
(After 13 years)
Total Premium Paid 11828532
*Bonus rates and Final Addition Bonus(FAB) rates as per the latest declared rates.
 How the plan works...

Mr. Sourav Soni pays an annual premium of Rs.1180256 for 10 years.

Maturity amount (SA+Bonus+FAB) of Rs.17763660 is paid at the

end of the policy term of 13 years.

An amount equal to 110% of sum assured along with vested bonus and FAB is paid
after the completion of the term on the occurrence of insured event.

On the occurrence of an unfortunate insured event, annual income benefit equal to

Rs.1189000 [10 % of sum assured](till maturity) also becomes payable

Additional term insurance coverage can be purchased to provide

immediate insurance benefit to the nominee.

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 Benefit and Coverage Table
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Age Yearly Normal Accident Loan Cash Returns
Premium Coverage Coverage Value
28 1206228 33220660 43220660 0 0 0
29 1180256 32031660 42031660 0 0 0
30 1180256 30842660 40842660 1531827 1702031 0
31 1180256 29653660 39653660 2202803 2447559 0
32 1180256 28464660 38464660 2923214 3248016 0
33 1180256 27275660 37275660 3736599 4151777 0
34 1180256 26086660 36086660 4658942 5176603 0
35 1180256 24897660 34897660 5712137 6346819 0
36 1180256 23708660 33708660 6919792 7688658 0
37 1180256 22519660 32519660 8373652 9304058 0
38 0 21330660 31330660 10034855 11149839 0
39 0 20141660 30141660 11927013 13252237 0
40 0 18952660 28952660 14080009 15644455 0
41 0 0 0 0 0 17763660
Total Premium 11828532 Total Returns 17763660
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Internal Rate Of Returns(IRR): 4.783 %

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Risk Cover Analysis - (Year 6)

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Age Yearly Normal Accident Returns N Returns A
Premium Coverage Coverage Death Death
28 1206228 0 10000000 0 0
29 1180256 0 10000000 0 0
30 1180256 0 10000000 0 0
31 1180256 0 10000000 0 0
32 1180256 0 10000000 0 0
33 1180256 0 10000000 0 10000000
34 0 0 0 1189000 1189000
35 0 0 0 1189000 1189000
36 0 0 0 1189000 1189000
37 0 0 0 1189000 1189000
38 0 0 0 1189000 1189000
39 0 0 0 1189000 1189000
40 0 0 0 1189000 1189000
41 0 0 0 18952660 18952660
Total Returns Normal 27275660 Accident 37275660
Death Death
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Disclaimer
Premium shown in the app is indicative and not exact. Actual premium can vary according to underwriting rules applicable. Maturity
calculations shown for the plan are based on the latest declared bonus and loyalty addition rates and can vary in the future based
on the actual experiences of the corporation. For more details on risk factors, terms and conditions please read the sales brochure
carefully before concluding a sale.
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Plan presentation prepared by:

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Bhagat Verma
CA
Burrabazar, Burrabazar
E-Mail : bhagat@gmail.com
Mobile : 9330879357