Presented by:

Sudeep Mandal
Chief Life Insurance Advisor,MDRT
qrno 16 TATA NAGAR FOUNDRY,
po-BURMAINES,
Jamshedpur -831007
+91 943118310, +91 8298115161
sudeepmandel.jhr@gmail.com
 Jeevan Umang - 945
LIC's Jeevan Umang plan offers a combination of income and protection to your family.
This plan provides for annual survival benefits from the end of the premium
paying term till maturity and a lump sum payment at the time of maturity
or on death of the policyholder during the policy term.
Table No.

945
Release Date

13/02/2020
Maturity Benefit: On the life assured surviving to the end of the policy term, provided
Maturity Benefits all due premiums have been paid, 'Sum Assured on Maturity' along with vested Simple
shall be payable.Where Sum Assured on Maturity is equal to Basic Sum Assured.
Reversionary Bonuses (as mentioned in 2 below) and Final Additional bonus,
if any, shall be payable.

On death of the Life Assured during the policy term, provided all due premiums have been paid then
1) On death before the commencement of Risk:
Death Benefits
Return of premium/s paid without interest shall be payable.
2) On Death after the commencement of Risk :
Death Benefit, defined as sum of 'Sum Assured on Death' and vested Simple
Reversionary Bonuses (as mentioned in 2 below) and Final Additional bonus,
if any, shall be payable.

The Guaranteed Surrender Value shall be a percentage of total premiums paid (net of taxes)
excluding any extra premiums and premiums for riders,if opted for. This percentage
GSV & SSV Benefits
will depend on the policy term and policy 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 Gauranteed 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. 2,15,045
Rest Of Year Premium Rs. 2,10,415

Tax Saved
Total Term Premium Paid Rs. 31,60,855
Total Tax Saved Rs. 0

Maximum Risk Cover

Maximum Risk Cover Rs. 1,97,76,750
Minimum Risk Cover 54,18,000

Returns
Total Amount Received Rs. 3,23,97,750
 This Presentation is Specially
Sudeep Mandal
Chief Life Insurance Advisor,MDRT Prepared For:

qrno 16 TATA NAGAR FOUNDRY, Name: Mr. amit

po-BURMAINES,
Jamshedpur -831007 Age: 24
+91 943118310, +91 8298115161
sudeepmandel.jhr@gmail.com

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

2023 24 27,93,000 54,18,000 2,15,045 0 2,15,045 0 0 0

2024 25 29,61,000 55,86,000 2,10,415 0 2,10,415 1,25,227 1,12,704 0

2025 26 31,29,000 57,54,000 2,10,415 0 2,10,415 4,13,452 3,72,107 0

2026 27 32,97,000 59,22,000 2,10,415 0 2,10,415 5,94,350 5,34,915 0

2027 28 34,65,000 60,90,000 2,10,415 0 2,10,415 8,01,077 7,20,969 0

2028 29 36,33,000 62,58,000 2,10,415 0 2,10,415 10,20,356 9,18,320 0

2029 30 38,01,000 64,26,000 2,10,415 0 2,10,415 12,67,488 11,40,739 0

2030 31 39,69,000 65,94,000 2,10,415 0 2,10,415 15,48,165 13,93,349 0

2031 32 41,37,000 67,62,000 2,10,415 0 2,10,415 18,67,944 16,81,150 0

2032 33 43,05,000 69,30,000 2,10,415 0 2,10,415 22,34,645 20,11,181 0

2033 34 44,73,000 70,98,000 2,10,415 0 2,10,415 26,76,944 24,09,250 0

2034 35 46,41,000 72,66,000 2,10,415 0 2,10,415 31,10,461 27,99,415 0

2035 36 48,09,000 74,34,000 2,10,415 0 2,10,415 35,16,367 31,64,730 0

2036 37 49,77,000 76,02,000 2,10,415 0 2,10,415 39,65,011 35,68,510 0

2037 38 51,97,500 78,22,500 2,10,415 0 2,10,415 46,83,000 42,14,700 0

2038 39 52,94,625 79,19,625 0 0 0 47,65,162 11,02,500 2,10,000

2039 40 53,91,750 80,16,750 0 0 0 48,52,575 11,02,500 2,10,000

2040 41 54,88,875 81,13,875 0 0 0 49,39,987 11,02,500 2,10,000

2041 42 56,12,250 82,37,250 0 0 0 50,51,025 11,02,500 2,10,000

2042 43 57,48,750 83,73,750 0 0 0 51,73,875 11,02,500 2,10,000

2043 44 59,11,500 85,36,500 0 0 0 53,20,350 11,02,500 2,10,000

2044 45 61,26,750 87,51,750 0 0 0 55,14,075 11,02,500 2,10,000

2045 46 64,73,250 90,98,250 0 0 0 58,25,925 11,02,500 2,10,000

2046 47 68,19,750 94,44,750 0 0 0 61,37,775 11,02,500 2,10,000

2047 48 71,66,250 97,91,250 0 0 0 64,49,625 11,02,500 2,10,000

2048 49 75,12,750 1,01,37,750 0 0 0 67,61,475 11,02,500 2,10,000

2049 50 79,11,750 1,05,36,750 0 0 0 71,20,575 11,02,500 2,10,000

2050 51 83,10,750 1,09,35,750 0 0 0 74,79,675 11,02,500 2,10,000

2051 52 87,09,750 1,13,34,750 0 0 0 78,38,775 11,02,500 2,10,000

2052 53 92,92,500 1,19,17,500 0 0 0 83,63,250 11,02,500 2,10,000

To Be Continued...

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 actual results may depend on the future performance of the insurer / corporation.
 This Presentation is Specially
Sudeep Mandal
Chief Life Insurance Advisor,MDRT Prepared For:

qrno 16 TATA NAGAR FOUNDRY, Name: Mr. amit

po-BURMAINES,
Jamshedpur -831007 Age: 24
+91 943118310, +91 8298115161
sudeepmandel.jhr@gmail.com

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

2053 54 99,01,500 1,25,26,500 0 0 0 89,11,350 11,02,500 2,10,000

2054 55 1,06,41,750 1,32,66,750 0 0 0 95,77,575 11,02,500 2,10,000

2055 56 1,13,82,000 1,40,07,000 0 0 0 1,02,43,800 11,02,500 2,10,000

2056 57 1,21,22,250 1,47,47,250 0 0 0 1,09,10,025 11,02,500 2,10,000

2057 58 1,28,62,500 1,54,87,500 0 0 0 1,15,76,250 11,02,500 2,10,000

2058 59 1,36,02,750 1,62,27,750 0 0 0 1,22,42,475 11,02,500 2,10,000

2059 60 1,43,43,000 1,69,68,000 0 0 0 1,29,08,700 11,02,500 2,10,000

2060 61 1,50,83,250 1,77,08,250 0 0 0 1,35,74,925 11,02,500 2,10,000

2061 62 1,58,23,500 1,84,48,500 0 0 0 1,42,41,150 11,02,500 2,10,000

2062 63 1,65,63,750 1,91,88,750 0 0 0 1,49,07,375 11,02,500 2,10,000

2063 64 1,66,47,750 1,92,72,750 0 0 0 1,49,82,975 11,02,500 2,10,000

2064 65 1,67,31,750 1,93,56,750 0 0 0 1,50,58,575 11,02,500 2,10,000

2065 66 1,68,15,750 1,94,40,750 0 0 0 1,51,34,175 11,02,500 2,10,000

2066 67 1,68,99,750 1,95,24,750 0 0 0 1,52,09,775 11,02,500 2,10,000

2067 68 1,69,83,750 1,96,08,750 0 0 0 1,52,85,375 11,02,500 2,10,000

2068 69 1,70,67,750 1,96,92,750 0 0 0 1,53,60,975 11,02,500 2,10,000

2069 70 1,71,51,750 1,97,76,750 0 0 0 1,54,36,575 11,02,500 2,10,000

2070 71 1,72,35,750 1,72,35,750 0 0 0 1,55,12,175 11,02,500 2,10,000

2071 72 1,73,19,750 1,73,19,750 0 0 0 1,55,87,775 11,02,500 2,10,000

2072 73 1,74,03,750 1,74,03,750 0 0 0 1,56,63,375 11,02,500 2,10,000

2073 74 1,74,87,750 1,74,87,750 0 0 0 1,57,38,975 11,02,500 2,10,000

2074 75 1,75,71,750 1,75,71,750 0 0 0 1,58,14,575 11,02,500 2,10,000

2075 76 1,76,55,750 1,76,55,750 0 0 0 1,58,90,175 11,02,500 2,10,000

2076 77 1,77,39,750 1,77,39,750 0 0 0 1,59,65,775 11,02,500 2,10,000

2077 78 1,78,23,750 1,78,23,750 0 0 0 1,60,41,375 11,02,500 2,10,000

2078 79 1,79,07,750 1,79,07,750 0 0 0 1,61,16,975 11,02,500 2,10,000

2079 80 1,79,91,750 1,79,91,750 0 0 0 1,61,92,575 11,02,500 2,10,000

2080 81 1,80,75,750 1,80,75,750 0 0 0 1,62,68,175 11,02,500 2,10,000

2081 82 1,81,59,750 1,81,59,750 0 0 0 1,63,43,775 11,02,500 2,10,000

2082 83 1,82,43,750 1,82,43,750 0 0 0 1,64,19,375 11,02,500 2,10,000

To Be Continued...

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 actual results may depend on the future performance of the insurer / corporation.
 This Presentation is Specially
Sudeep Mandal
Chief Life Insurance Advisor,MDRT Prepared For:

qrno 16 TATA NAGAR FOUNDRY, Name: Mr. amit

po-BURMAINES,
Jamshedpur -831007 Age: 24
+91 943118310, +91 8298115161
sudeepmandel.jhr@gmail.com

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

2083 84 1,83,27,750 1,83,27,750 0 0 0 1,64,94,975 11,02,500 2,10,000

2084 85 1,84,11,750 1,84,11,750 0 0 0 1,65,70,575 11,02,500 2,10,000

2085 86 1,84,95,750 1,84,95,750 0 0 0 1,66,46,175 11,02,500 2,10,000

2086 87 1,85,79,750 1,85,79,750 0 0 0 1,67,21,775 11,02,500 2,10,000

2087 88 1,86,63,750 1,86,63,750 0 0 0 1,67,97,376 11,02,500 2,10,000

2088 89 1,87,47,750 1,87,47,750 0 0 0 1,68,72,976 11,02,500 2,10,000

2089 90 1,88,31,750 1,88,31,750 0 0 0 1,69,48,576 11,02,500 2,10,000

2090 91 1,89,15,750 1,89,15,750 0 0 0 1,70,24,176 11,02,500 2,10,000

2091 92 1,89,99,750 1,89,99,750 0 0 0 1,70,99,776 11,02,500 2,10,000

2092 93 1,90,83,750 1,90,83,750 0 0 0 1,71,75,376 11,02,500 2,10,000

2093 94 1,91,67,750 1,91,67,750 0 0 0 1,72,50,976 11,02,500 2,10,000

2094 95 1,92,51,750 1,92,51,750 0 0 0 1,73,26,576 11,02,500 2,10,000

2095 96 1,93,35,750 1,93,35,750 0 0 0 1,74,02,176 11,02,500 2,10,000

2096 97 1,94,19,750 1,94,19,750 0 0 0 1,74,77,776 11,02,500 2,10,000

2097 98 1,95,03,750 1,95,03,750 0 0 0 1,75,53,376 11,02,500 2,10,000

2098 99 1,95,87,750 1,95,87,750 0 0 0 1,76,28,976 11,02,500 2,10,000

2099 100 0 0 0 0 0 0 0 1,95,87,750

Total 31,60,855 0 31,60,855 3,23,97,750

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 actual results may depend on the future performance of the insurer / corporation.
 This Presentation is Specially
Sudeep Mandal
Chief Life Insurance Advisor,MDRT Prepared For:

qrno 16 TATA NAGAR FOUNDRY, Name: Mr. amit

po-BURMAINES,
Jamshedpur -831007 Age: 24
+91 943118310, +91 8298115161
sudeepmandel.jhr@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 23/05/2023 945 76 15 2625000 0 0 Years 215045 108624 54862 18287 0 589

Total 2625000 0 No 215045 108624 54862 18287 0 589

'*' : 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 : FMR, LIPIDOGRAM, RUA, ELISA for HIV, Hb%

Internal Rate of Return(IRR) :-

Normal : 5.26
Income Tax Rebate : 5.26

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 actual results may depend on the future performance of the insurer / corporation.
 Point to Remember

Age Proof (any Address Proof Photo ID (any Income Proof For Child Policy
one) (any one) one) (any one) (any one)

Passport Pan Voter's Card Voter's Card Salary Slip Form School Id Card
Card Driving Passport Passport Pan 16 Income Tax Fee Receipt
License School Electric/Phone Card Driving Return (If total Progress Card
Certificate Birth Bill Ration Card License premium exceed
Certificate Rent Agreement Rupees One
Bank Passbook Lakh)
Driving License

Please be ready with below documents

One Passport size photograph For ECS Mode fill NACH FORM, For SB & Maturity fill NEFT
FORM For Monthly ECS mode required 2 monthly premium cheques

Account payee cheque towards the premium in favour of "LIFE INSURANCE

CORPORATION OF INDIA"

*If the SUC is more than 50 Lakh. Don't forget to fill FORM 3251(A & B) PAN Card is
mandatory if total premium payable during the year under all policies is more than INR
50000. Nominee ID Proof is Compulsory

Disclaimer

This personalized illustration contains guaranteed and non-guaranteed benefits. The

purpose of this illustration is solely to help you understand the projected benefits that may
be possible in future. The presenter in no manner is promising or giving a guarantee about
such projected benefits. The actual non-guaranteed benefits will depend upon the future
performance of L.I.C. of India with respect to this product.