Rad 1 Be 79
Rad 1 Be 79
Rad 1 Be 79
Mr. Gupta
for Annual Income of Rs. 196000/from age 45 to 65
Presented by
Harish Chand
LIFE INSURANCE CORPORATION OF INDIA
IRDA Authorised Insurance Advisor
PH. 09811896425, 09212201725
help@delhilicagent.com
www.delhiLICagent.com
Presented by
Harish Chand
LIFE INSURANCE CORPORATION OF INDIA
IRDA Authorised Insurance Advisor
PH. 09811896425, 09212201725
help@delhilicagent.com
www.delhiLICagent.com
Mr. Gupta
The objective of this proposal is to provide financial security to your family during your
productive span and a happy independent retired lifestyle for yourself and your spouse
when you decide to retire.
Disclaimer
u Magic-Plan Retire & Enjoy is a combination of LIC plans specially researched to meet the objective of securing a
year ended 31-Mar-2010. Actual results may deviate depending on the future bonuses declared by LIC.
u Loan calculation is done on the basis of present surrender value rates.
u The effective yield in the above proposal works out to 8.40 % (calculated as per IRR method).
Harish Chand
LIFE INSURANCE CORPORATION OF INDIA
IRDA Authorised Insurance Advisor
PH. 09811896425, 09212201725
help@delhilicagent.com
www.delhiLICagent.com
: Xyz
Quotation Date
: 28/05/2011
Proposers Name
: Mr. Gupta
Proposers Age
: 29
Sum Proposed
: 2470000
Yearly Premium
: 113888
: 100000
(nearer birthday)
: 33.99 %
Age
Normal
Accident
Yearly
Premium
Loan
Available
2011
29
2577950
3077950
113888
2012
30
2685900
3185900
113888
2013
31
2793850
3293850
113888
79250
2014
32
2901800
3401800
113888
156750
2015
33
3009750
3509750
113888
221750
2016
34
3117700
3617700
113888
296750
2017
35
3225650
3725650
113888
381500
2018
36
3333600
3833600
113888
477250
2019
37
3441550
3941550
113888
583000
2020
38
3549500
4049500
113888
702750
2021
39
3657450
4157450
113888
835750
2022
40
3765400
4265400
113888
985000
2023
41
3873350
4373350
113888
1154000
1344250
2024
42
3981300
4481300
113888
2025
43
4113950
4613950
113888
1560000
2026
44
4234250
4734250
113888
1802500
1822208
* The above projection is based on assumptions enumerated on the page titled "Benefits during the Retirement Period".
Harish Chand
LIFE INSURANCE CORPORATION OF INDIA
IRDA Authorised Insurance Advisor
PH. 09811896425, 09212201725
help@delhilicagent.com
www.delhiLICagent.com
: Xyz
Quotation Date
: 28/05/2011
Proposers Name
: Mr. Gupta
Proposers Age
: 29
Sum Proposed
: 2470000
Yearly Premium
: 113888
: 100000
(nearer birthday)
: 33.99 %
Age
Normal
Accident
Yearly
Premium
Desired
Income
Existing
Cash In
Existing
Cash Out
Returns
From L.I.C.
Prem.
Pymt.
Net
Surplus
Loan
Available
27
45
4225490
4725490
101027
196000
300780
101027
199753
1801750
28
46
4207800
4707800
89705
196000
291890
89705
202185
1799250
29
47
4182560
4682560
79739
196000
282080
79739
202341
1798750
30
48
4160200
4660200
70971
196000
271350
70971
200379
1796750
31
49
4131650
4631650
63262
196000
260400
63262
197138
1798000
32
50
4117800
4617800
56508
196000
259350
56508
202842
1794250
33
51
4152700
4652700
50616
196000
248400
50616
197784
1794750
34
52
4179550
4679550
45266
196000
251275
45266
206009
1792750
35
53
4216000
4716000
40630
196000
242550
40630
201920
1796250
36
54
4230000
4730000
36418
196000
245500
36418
209082
1803250
37
55
4225000
4725000
32405
196000
260000
32405
227595
1799000
38
56
4189000
4689000
28577
196000
275500
28577
246923
1785250
39
57
4122000
4622000
24918
196000
291000
24918
266082
1760750
40
58
4045000
4545000
21419
196000
306500
21419
285081
1725250
41
59
3967000
4467000
18066
196000
325000
18066
306934
1677000
42
60
3840000
4340000
14849
196000
349500
14849
334651
1613750
43
61
3684000
4184000
11658
196000
374000
11658
362342
1536750
44
62
3439000
3939000
8588
196000
403500
8588
394912
1437750
45
63
3155000
3655000
5625
196000
423000
5625
417375
1319000
46
64
2837000
3337000
2764
196000
442500
2764
439736
1175500
47
65
2470000
2970000
196000
467000
467000
1001000
6571075
803011
5768064
803011
u Magic-Plan Retire & Enjoy is a combination of LIC plans specially researched to meet the objective of securing a financially
ended 31-Mar-2010 . Actual results may deviate depending on the future bonuses declared by LIC.
u Loan calculation is done on the basis of present surrender value rates.
u The Riskcover of Rs. 2470000 will continue till life time.
u The effective yield in the above proposal (based on maturity benefits) works out to 8.40 % (calculated as per IRR method ).
Harish Chand
LIFE INSURANCE CORPORATION OF INDIA
IRDA Authorised Insurance Advisor
PH. 09811896425, 09212201725
help@delhilicagent.com
www.delhiLICagent.com
: Xyz
Quotation Date
: 28/05/2011
Proposers Name
: Mr. Gupta
Proposers Age
Sum Proposed
: 2470000
Yearly Premium
: 113888
29
(nearer birthday)
Insurance Facts
Risk Cover
Year Age
Normal
Accident
Annual
Premium
Tax
Saved
Net
Premium
Returns
From L.I.C.
Existing
Cashin
Cashout
Net
Cashflow
Loan
Available
0
2011
29
2577950
3077950
113888
33990
79898
-113888
2012
30
2685900
3185900
113888
33990
79898
-113888
2013
31
2793850
3293850
113888
33990
79898
-113888
79250
2014
32
2901800
3401800
113888
33990
79898
-113888
156750
2015
33
3009750
3509750
113888
33990
79898
-113888
221750
2016
34
3117700
3617700
113888
33990
79898
-113888
296750
2017
35
3225650
3725650
113888
33990
79898
-113888
381500
2018
36
3333600
3833600
113888
33990
79898
-113888
477250
2019
37
3441550
3941550
113888
33990
79898
-113888
583000
2020
38
3549500
4049500
113888
33990
79898
-113888
702750
2021
39
3657450
4157450
113888
33990
79898
-113888
835750
2022
40
3765400
4265400
113888
33990
79898
-113888
985000
2023
41
3873350
4373350
113888
33990
79898
-113888
1154000
2024
42
3981300
4481300
113888
33990
79898
-113888
1344250
2025
43
4113950
4613950
113888
33990
79898
-113888
1560000
2026
44
4234250
4734250
113888
33990
79898
-113888
1802500
2027
45
4225490
4725490
101027
33990
67037
300780
199753
1801750
2028
46
4207800
4707800
89705
30489
59216
291890
202185
1799250
2029
47
4182560
4682560
79739
27102
52637
282080
202341
1798750
2030
48
4160200
4660200
70971
24122
46849
271350
200379
1796750
2031
49
4131650
4631650
63262
21502
41760
260400
197138
1798000
2032
50
4117800
4617800
56508
19206
37302
259350
202842
1794250
2033
51
4152700
4652700
50616
17203
33413
248400
197784
1794750
2034
52
4179550
4679550
45266
15385
29881
251275
206009
1792750
2035
53
4216000
4716000
40630
13809
26821
242550
201920
1796250
2036
54
4230000
4730000
36418
12377
24041
245500
209082
1803250
2037
55
4225000
4725000
32405
11013
21392
260000
227595
1799000
2038
56
4189000
4689000
28577
9712
18865
275500
246923
1785250
2039
57
4122000
4622000
24918
8468
16450
291000
266082
1760750
2040
58
4045000
4545000
21419
7279
14140
306500
285081
1725250
2041
59
3967000
4467000
18066
6139
11927
325000
306934
1677000
2042
60
3840000
4340000
14849
5046
9803
349500
334651
1613750
2043
61
3684000
4184000
11658
3961
7697
374000
362342
1536750
2044
62
3439000
3939000
8588
2918
5670
403500
394912
1437750
2045
63
3155000
3655000
5625
1911
3714
423000
417375
1319000
2046
64
2837000
3337000
2764
939
1825
442500
439736
1175500
2047
65
2470000
2970000
467000
467000
1001000
2625219
816411
1808808
6571075
3945856
Harish Chand
LIFE INSURANCE CORPORATION OF INDIA
IRDA Authorised Insurance Advisor
PH. 09811896425, 09212201725
help@delhilicagent.com
www.delhiLICagent.com
: Xyz
Quotation Date
: 28/05/2011
Proposers Name
: Mr. Gupta
Proposers DOB
: 28/05/1982
Sum Proposed
: 2470000
Yearly Premium
: 113888
: 100000
Age : 29 (ANB)
: 33.99 %
Agent's Copy
Sr.
No.
PREMIUM
Sum
DAB
Sum
Interim
Bonus
Rate
* Bonus
Rate
#Assu
Step
Rate
FAB
SSS
Mly.
Qly.
Hly.
Yly.
1 149/16/16
180000
41
41
15
1105
1162
3316
6532
12861
2 149/17/17
170000
41
41
20
973
1023
2920
5750
11322
3 149/18/18
160000
41
41
25
857
900
2570
5061
9966
4 149/19/19
150000
41
41
30
754
792
2261
4453
8768
5 149/20/20
140000
41
41
40
663
696
1988
3915
7709
6 149/21/21
130000
45
45
50
581
610
1742
3431
6754
7 149/22/22
120000
45
45
80
506
532
1519
2992
5892
8 149/23/23
115000
45
45
150
460
484
1380
2718
5350
9 149/24/24
105000
45
45
230
399
419
1196
2355
4636
10 149/25/25
100000
45
45
330
362
381
1086
2139
4212
11 149/26/26
100000
45
45
430
345
363
1035
2038
4013
12 149/27/27
100000
45
45
540
329
346
987
1945
3828
13 149/28/28
100000
45
45
650
315
331
944
1858
3659
14 149/29/29
100000
45
45
760
301
316
902
1777
3499
15 149/30/30
100000
45
45
900
288
303
865
1703
3353
16 149/31/31
100000
45
45
1100
277
291
830
1634
3217
17 149/32/32
100000
100000
45
45
1300
274
288
822
1620
3191
18 149/33/33
100000
100000
45
45
1550
264
277
791
1559
3070
19 149/34/34
100000
100000
45
45
1700
255
267
764
1505
2963
20 149/35/35
100000
100000
45
45
1850
246
258
737
1453
2861
21 149/36/36
100000
100000
45
45
2050
237
249
712
1404
2764
2470000
500000
9791
10288
29367
57842
113888
Plan/Tm/PPT
1. '*' : - Assuming LIC will declare the above mentioned bonus rates for the year ended 31-Mar-2011.
2. '#' : - Assuming that bonus rate declared by LIC will increase/decrease per year by step rate mentioned above.