New Endowment - 914

Advantages
* This policy not only makes provisions for the family of the Life Assured in
event of his early death but also assures a lump sum at a desired age.
* Premiums are usually payable for the selected term of years or until death if it
occurs during the term period.
* This Is the most popular form of life assurance since It not only makes provision for
the family of the Life Assured in the event of his early death, but also assures a lump sum
at any desired age.
Being an endowment assurance policy, this plan Is apt for people of all ages and social
groups who wish to protect their families from a financial setback that may occur owing
to their demise.

Presented by:
Jayesh shah
M.D.R.T.
b 1002 dhaivat society Kalpnagri,
near vaishali Nagar Mulund west,
Mumbai-400080
+91 9821056945, +91 9320056945
jayeshshah357@gmail.com
 New Endowment - 914
LIC's New Endowment Plan is a participating non-linked plan which offers an
attractive combination of protection and savings. This combination provides financial
support for the family of the deceased policyholder any time before maturity and good
lump sum amount at the time of maturity for the surviving policyholders.
Table No. This plan also takes care of liquidity needs through its loan facility

914
Release Date

01/02/2020
Basic Sum Assured, along with vested Simple Reversionary Bonuses and Final Additional
Maturity Benefits Bonus,if any, shall be payable in lump sum on survival to the end of the
policy term provided all due premiums have been paid.

In case of death during the policy term provided all due premiums have been paid Death
benefit defined as sum of Sum Assured on Death and vested Simple Reversionary Bonuses
Death Benefits
and Final Additional bonus, if any, shall be payable.Where, 'Sum Assured on Death' is
defined as higher of Basic Sum Assured or 10 times of annualised premium. This death
benefit shall not be less than 105% of all the premiums paid as on date of death.

The Guaranteed Surrender Value during the policy term shall be a percentage of total
premiums paid (net of taxes) excluding extra premiums and premiums for riders opted for.
GSV & SSV Benefits
This percentage will depend on policy term and year in which the policy is surrendered.
Corporation may, however, pay Special Surrender Value as applicable as on the date
of surrender, provided the same is higher than Guaranteed Surrender Value.

Disclaimer : The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the

proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.
 Plan Summary

Premium
First Year Premium Rs. 5,343
Rest Of Year Premium Rs. 5,228

Tax Saved
Total Term Premium Paid Rs. 1,04,675
Total Tax Saved Rs. 0

Maximum Risk Cover

Maximum Risk Cover Rs. 2,82,000
Minimum Risk Cover 2,03,900

Returns
Total Amount Received Rs. 1,82,000
 This Presentation is Specially
Jayesh shah
M.D.R.T. Prepared For:

b 1002 dhaivat society Kalpnagri, Name: Miss Urmi shah

near vaishali Nagar Mulund west,
Mumbai-400080 Age: 19
+91 9821056945, +91 9320056945
jayeshshah357@gmail.com

Year Age Risk Cover Premium Tax Net Surrender Loan Maturity
Saved Premium Value Value Value
Normal Accidental

2021 19 1,03,900 2,03,900 5,343 0 5,343 0 0 0

2022 20 1,07,800 2,07,800 5,228 0 5,228 3,068 2,761 0

2023 21 1,11,700 2,11,700 5,228 0 5,228 7,266 6,540 0

2024 22 1,15,600 2,15,600 5,228 0 5,228 12,812 11,531 0

2025 23 1,19,500 2,19,500 5,228 0 5,228 16,103 14,493 0

2026 24 1,23,400 2,23,400 5,228 0 5,228 19,453 17,507 0

2027 25 1,27,300 2,27,300 5,228 0 5,228 22,695 20,425 0

2028 26 1,31,200 2,31,200 5,228 0 5,228 26,985 24,286 0

2029 27 1,35,100 2,35,100 5,228 0 5,228 31,575 28,417 0

2030 28 1,39,000 2,39,000 5,228 0 5,228 36,482 32,834 0

2031 29 1,42,900 2,42,900 5,228 0 5,228 41,725 37,553 0

2032 30 1,46,800 2,46,800 5,228 0 5,228 47,324 42,591 0

2033 31 1,50,700 2,50,700 5,228 0 5,228 53,309 47,978 0

2034 32 1,54,600 2,54,600 5,228 0 5,228 59,702 53,732 0

2035 33 1,59,500 2,59,500 5,228 0 5,228 66,551 59,896 0

2036 34 1,63,900 2,63,900 5,228 0 5,228 73,900 66,510 0

2037 35 1,68,300 2,68,300 5,228 0 5,228 81,799 73,619 0

2038 36 1,72,700 2,72,700 5,228 0 5,228 90,322 81,290 0

2039 37 1,77,100 2,77,100 5,228 0 5,228 1,09,662 98,696 0

2040 38 1,82,000 2,82,000 5,228 0 5,228 1,19,334 1,07,401 0

2041 39 0 0 0 0 0 0 0 1,82,000

Total 1,04,675 0 1,04,675 1,82,000

Disclaimer : The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.
 This Presentation is Specially
Jayesh shah
M.D.R.T. Prepared For:

b 1002 dhaivat society Kalpnagri, Name: Miss Urmi shah

near vaishali Nagar Mulund west,
Mumbai-400080 Age: 19
+91 9821056945, +91 9320056945
jayeshshah357@gmail.com

Modewise Summary of Installment Premiums

ID DOC Plan Term PPT Basic Accidental Settlement Premium
Sum Sum Option
Assured Assured Yealy Half-Yly Quarterly ECS/SSS Single ** Daily

1 16/01/2021 914 20 20 100000 0 0 Years 5343 2698 1362 454 0 14

Total 100000 0 No 5343 2698 1362 454 0 14

'*' : Assuming LIC will declare the above mentioned bonus rates for the year ended 31/03/2018.
'**' : Daily premium is for indicative purpose only. Formula used - (Yearly Premium/365).
'***' : Premiums indicated are inclusive of GST.

Medical Requirements
Medical Test : NIL

Internal Rate of Return(IRR) :-

Normal : 5.01
Income Tax Rebate : 5.01

Disclaimer : The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.