Jeevan Umang

( Plan No: 945)

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Plan presentation customised for...

Mr. A
Age: 30

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Sum Assured : 2000000 AD and DB Rider Cover : 2000000 #1

Term : 70 years.

Premium payment : 15 years.

LIC's Jeevan Umang is an innovative solution to provide guaranteed tax free income
through out your life. Another advantage of the plan is the increasing life long
insurance coverage with age. The plan offers high liquidity as the plan can be
surrendered earlier with zero surrender charges.

The plan offers insurance coverage of Rs.20,00,000 and accident death and
disability benefit of Rs. 20,00,000. In case of a permanent disability due to accident,
disability benefit of Rs. 16667 shall be paid per month, till the end of the term or ten
years(whichever is earlier).

The plan also offers a tax benefit of Rs.47,700 per annum on the premium paid. The
maturity/survival benefit shall be taxfree u/s 10(10D) of income tax act.
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#1 Accidental Death and Disability Benefit rider

 How the plan works...

Mr. A pays an annual premium of Rs.160622 for 15 years.

Guaranteed, tax free survival benefit of Rs.160000 shall be paid

up to age 100 after the period of 15 years.

Expected Maturity amount as per the current bonus rates comes to

around Rs. 23230000.

Normal Insurance coverage and accidental insurance coverage is available

during the term of the policy.

Loan and surrender facility is available after two years and at least two
full-year premium payment.

Income tax rebate available on premium u/s 80C and the

maturity/survival benefit shall be tax free under section 10(10D)
 Benefit Pattern Illustration

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(2114000 to 23230000)

Rs.23230000

Rs.164157

Age 30 Age 45 Age 100

160000(Paid Annually)

Total Premium Total Tax Saved

Paid Returns
2412865 32030000 715500
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Maturity Benefit
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Benefits Amount
Life long survival benefit (after 15 years) 1,60,000
Sum Assured 20,00,000
Bonus* (114000 X 15)+(56000 X 55) 47,90,000
Final Addition Bonus* (8220 per 1000 SA) 1,64,40,000
Expected Maturity Amount 2,32,30,000
after 70 years.
Total Premium Paid 24,12,865
*Bonus rates shown as per the latest declared rates and differential bonus rates and final addition bonus rates as per
the benefit illustration provided by the Corporation.
 Benefit and Coverage Table

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Age Yearly Normal Accident Loan Cash Returns
Premium Coverage Coverage Value
30 164157 2114000 4114000 0 0 0
31 160622 2228000 4228000 0 0 0
32 160622 2342000 4342000 165925 184362 0
33 160622 2456000 4456000 268321 298135 0
34 160622 2570000 4570000 385720 428578 0
35 160622 2684000 4684000 519881 577646 0
36 160622 2798000 4798000 662189 735766 0
37 160622 2912000 4912000 822572 913969 0
38 160622 3026000 5026000 1004725 1116362 0
39 160622 3140000 5140000 1212255 1346950 0
40 160622 3254000 5254000 1450236 1611374 0
41 160622 3368000 5368000 1737279 1930310 0
42 160622 3482000 5482000 2018622 2242914 0
43 160622 3596000 5596000 2282047 2535608 0
44 160622 3730000 5730000 2573208 2859120 0
45 0 3792000 5792000 840000 3357000 160000
46 0 3852000 5852000 840000 3412800 160000
47 0 3914000 5914000 840000 3466800 160000
48 0 3984000 5984000 840000 3522600 160000
49 0 4060000 6060000 840000 3585600 160000
50 0 4146000 6146000 840000 3654000 160000
51 0 4252000 6252000 840000 3731400 160000
52 0 4408000 6408000 840000 3826800 160000
53 0 4564000 6564000 840000 3967200 160000
54 0 4720000 6720000 840000 4107600 160000
55 0 4876000 6876000 840000 4248000 160000
56 0 5052000 7052000 840000 4388400 160000
57 0 5228000 7228000 840000 4546800 160000
58 0 5404000 7404000 840000 4705200 160000
59 0 5650000 7650000 840000 4863600 160000
60 0 5906000 7906000 840000 5085000 160000
61 0 6212000 8212000 840000 5315400 160000
62 0 6518000 8518000 840000 5590800 160000
63 0 6824000 8824000 840000 5866200 160000
64 0 7130000 9130000 840000 6141600 160000
65 0 7436000 9436000 840000 6417000 160000
66 0 7742000 9742000 840000 6692400 160000
67 0 8048000 10048000 840000 6967800 160000
68 0 8354000 10354000 840000 7243200 160000
69 0 8660000 10660000 840000 7518600 160000
70 0 8986000 8986000 840000 7794000 160000
Age Yearly Normal Accident Loan Cash Returns
Premium Coverage Coverage Value
71 0 9322000 9322000 840000 8087400 160000
72 0 9658000 9658000 840000 8389800 160000
73 0 10034000 10034000 840000 8692200 160000
74 0 10410000 10410000 840000 9030600 160000
75 0 10786000 10786000 840000 9369000 160000
76 0 11202000 11202000 840000 9707400 160000
77 0 11618000 11618000 840000 10081800 160000
78 0 12054000 12054000 840000 10456200 160000
79 0 12490000 12490000 840000 10848600 160000
80 0 12946000 12946000 840000 11241000 160000
81 0 13422000 13422000 840000 11651400 160000
82 0 13918000 13918000 840000 12079800 160000
83 0 14414000 14414000 840000 12526200 160000
84 0 14930000 14930000 840000 12972600 160000
85 0 15446000 15446000 840000 13437000 160000
86 0 15982000 15982000 840000 13901400 160000
87 0 16518000 16518000 840000 14383800 160000
88 0 17054000 17054000 840000 14866200 160000
89 0 17610000 17610000 840000 15348600 160000
90 0 18166000 18166000 840000 15849000 160000
91 0 18742000 18742000 840000 16349400 160000
92 0 19298000 19298000 840000 16867800 160000
93 0 19874000 19874000 840000 17368200 160000
94 0 20450000 20450000 840000 17886600 160000
95 0 21006000 21006000 840000 18405000 160000
96 0 21582000 21582000 840000 18905400 160000
97 0 22138000 22138000 840000 19423800 160000
98 0 22694000 22694000 840000 19924200 160000
99 0 23230000 23230000 840000 20424600 160000
100 0 0 0 840000 20907000 23230000
Total Premium 2412865 Total Returns 32030000
 Premium Chart

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First Year Premium Subsequent Year Premiums
Mode Basic GST @ Total Mode Basic GST @ Total
Premium 4.5% Premium Premium 2.25% Premium
Yearly 157088 7069 164157 Yearly 157088 3534 160622
Half 79347 3571 82918 Half 79347 1785 81132
Yearly Yearly
Quarterly 40075 1803 41878 Quarterly 40075 902 40977
Monthly 13358 601 13959 Monthly 13358 301 13659
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Plan presentation prepared by:

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DH KRISHNEGOWDA
lic Advisor
A, B
E-Mail : dhkg21@gmail.com
Mobile : 9141553876

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Premium shown in the app is indicative and not exact. Actual premium can vary according to underwriting rules applicable. Benefit
calculations shown includes guaranteed (Survival Benefits) as well as non guaranteed (Bonus and Final Addition Bonus) benefits.
The plan benefits shown include the guaranteed survival benefits and expected bonuses and loyalty additions for the plan. For
more details on terms and conditions please read the sales brochure carefully before concluding a sale