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  • PensionPlus - 27-11-2023 7.40.8

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    VENUGOPAL V
    6 views5 pages
    This document summarizes a proposed 867-Pension Plus insurance plan for a 33-year-old individual. The plan has a 15-year term and premium payment term. The annual premium would be Rs. 36,000 paid yearly, resulting in total premiums of Rs. 540,000. At age 47, the natural maturity value would be Rs. 950,993. Surrender values are also provided for each year. Saving Rs. 98 per day for 15 years results in a lump sum of Rs. 950,993 at age 47 under this plan.

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    This document summarizes a proposed 867-Pension Plus insurance plan for a 33-year-old individual. The plan has a 15-year term and premium payment term. The annual premium would be Rs. 36,000 paid yearly, resulting in total premiums of Rs. 540,000. At age 47, the natural maturity value would be Rs. 950,993. Surrender values are also provided for each year. Saving Rs. 98 per day for 15 years results in a lump sum of Rs. 950,993 at age 47 under this plan.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    6 views5 pages

    PensionPlus - 27-11-2023 7.40.8

    Uploaded by

    VENUGOPAL V
    This document summarizes a proposed 867-Pension Plus insurance plan for a 33-year-old individual. The plan has a 15-year term and premium payment term. The annual premium would be Rs. 36,000 paid yearly, resulting in total premiums of Rs. 540,000. At age 47, the natural maturity value would be Rs. 950,993. Surrender values are also provided for each year. Saving Rs. 98 per day for 15 years results in a lump sum of Rs. 950,993 at age 47 under this plan.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 5

    867-Pension Plus

    .
    .

    Prepared By

    Venu Gopal V

    Ph: 9141126978
    venugopaldbp@gmail.com
    This is proposed to

    Proposer Details
    Name
    Age 33
    Plan Name 867-Pension Plus
    Policy Term 15
    PPT 15
    InitialNAV 10%
    GrowthNAV 8%

    Premium
    YLY HLY QLY MLY
    36000 18000 9000 3000

    Total Premium Rs.540000


    Total Returns Rs.963593

    Save Rs.98 per day for 15 yrs, and get a bulk


    amount of Rs.950993 at Age:47
    Year Age Premium Natural NAV Guaranteed Surrender
    Addition

    2023 33 36000 37080 10 0 Lock in

    2024 34 36000 74606 10.80 0 Lock in

    2025 35 36000 115134 11.66 0 Lock in

    2026 36 36000 158905 12.60 0 Lock in

    2027 37 36000 206178 13.60 0 Lock in

    2028 38 36000 257592 14.69 1800 257592

    2029 39 36000 313119 15.87 0 313119

    2030 40 36000 373089 17.14 0 373089

    2031 41 36000 437856 18.51 0 437856

    2032 42 36000 507805 19.99 3600 507805

    2033 43 36000 583349 21.59 1440 583349

    2034 44 36000 664937 23.32 1440 664937

    2035 45 36000 753052 25.18 1440 753052

    2036 46 36000 848216 27.20 1440 848216

    2037 47 36000 950993 29.37 1440 950993

    0 0 0 0 0 0 0

    0 0 540000 0 0 0 963593
    You have to pay the premium for 15 yrs
    (from Age:33 - Age:47)

    If you take the payment mode as yly then you have to pay Rs.36000 every year

    Totally you will pay Rs.540000

    At Age:47 you will receive Rs.950993

    Natural Risk Cover is as shown in the above table

    If you close the policy you will receive the amount as shown in the above table
    under Surrender Column

    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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