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  • Mix Pension Plan

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    Harish Chand
    142 visualizzazioni9 pagine
    Why Insurance Almost each one of us has bought or plans to buy life insurance. The usual process is contact an insurance agent who helps you estimate the policy value and goes ahead and buys the policy on your behalf. So you feel good that you now have a life policy showing how much you worth! Take a step back before you buy that policy. Have you ever considered buying more then one policy value you desire? There are some great gains in doing so. These are.... During Financial lows If you go through a situation where you are financially constrained to surrender your life policy, you will lose the cover for the entire policy even if you do not need the entire surrender value of the policy. For instance if your policy's surrender value is Rs 10 Lakh and you need Rs 4 Lakh cash, you will have to cancel the entire policy and lose life over completely. had this policy of Rs 10 lakh been taken as 2 policies of Rs 5 lakh each, you could have surrendered just one policy. You would still remain covered for Rs 5 lakh! Distributing your estate Breaking up your life policy help in this count too. Taking the same example, instead of having one Rs 10 lakh policy, having 2 Rs 5 Lakh policies helps allocate your estate among your children ( this is an ideal situiation if you have 2 children - each child gets proceeds from one policy). Taking a loan You can use your life policy as a pledgeable security while taking a loan. Lenders as well as the insurer usually offers loans up to a specified percentage of the surrender value of the policy. If you dont need a loan to the extent of the amount you are eligible for, you will still have to offer the entire policy as security to the lender till the repayment of the loan. During the period the policy remains with the lender, he is eligible for all the rights to the policy. However if you break up your policies, you need to pledge only just that many policies to raise the necessary loan. Tax Benefits Section 88 of the Income Tax Act states that premium paid on a life policy is eligible for tax rebate. The beneficiary may be different from the premium paying person. For instance your wife can pay premium for your policy and claim the tax benefit. Breaking up for life policy helps in this case too. If the premium paid on a consolidated policy is higher than the amount of rebate you need, you can break the policy to claim the entire tax rebate. This can be done by another tax paying family member paying the premium for one policy and claiming the rebate. Meeting your life goals You can divide your life insurance portfolio into a number of policies spread over different tenors to give you a stream of steady income to take care of your life's financial commitments like children's education and marriage, buying property, asving up for your old age etc. Check out specific plans structured by insurers specifically for these purposes. What if you have already taken a consolidated life policy? Dont despair. You can break it to peices! contact your insurance agent to guide you to doing so. By paying a small sum to the insurer, your policy can be broken up into more than one, without any loss to you. It is worth the efforts. Contact Us Harish Chand [Authorised LIC Agent] 9811896425 9212201725 www.delhilicagent.com harishchand@in.com

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    Why Insurance Almost each one of us has bought or plans to buy life insurance. The usual process is contact an insurance agent who helps you estimate the policy value and goes ahead and buys the policy on your behalf. So you feel good that you now have a life policy showing how much you worth! Take a step back before you buy that policy. Have you ever considered buying more then one policy value you desire? There are some great gains in doing so. These are.... During Financial lows If you go through a situation where you are financially constrained to surrender your life policy, you will lose the cover for the entire policy even if you do not need the entire surrender value of the policy. For instance if your policy's surrender value is Rs 10 Lakh and you need Rs 4 Lakh cash, you will have to cancel the entire policy and lose life over completely. had this policy of Rs 10 lakh been taken as 2 policies of Rs 5 lakh each, you could have surrendered just one policy. You would still remain covered for Rs 5 lakh! Distributing your estate Breaking up your life policy help in this count too. Taking the same example, instead of having one Rs 10 lakh policy, having 2 Rs 5 Lakh policies helps allocate your estate among your children ( this is an ideal situiation if you have 2 children - each child gets proceeds from one policy). Taking a loan You can use your life policy as a pledgeable security while taking a loan. Lenders as well as the insurer usually offers loans up to a specified percentage of the surrender value of the policy. If you dont need a loan to the extent of the amount you are eligible for, you will still have to offer the entire policy as security to the lender till the repayment of the loan. During the period the policy remains with the lender, he is eligible for all the rights to the policy. However if you break up your policies, you need to pledge only just that many policies to raise the necessary loan. Tax Benefits Section 88 of the Income Tax Act states that premium paid on a life policy is eligible for tax rebate. The beneficiary may be different from the premium paying person. For instance your wife can pay premium for your policy and claim the tax benefit. Breaking up for life policy helps in this case too. If the premium paid on a consolidated policy is higher than the amount of rebate you need, you can break the policy to claim the entire tax rebate. This can be done by another tax paying family member paying the premium for one policy and claiming the rebate. Meeting your life goals You can divide your life insurance portfolio into a number of policies spread over different tenors to give you a stream of steady income to take care of your life's financial commitments like children's education and marriage, buying property, asving up for your old age etc. Check out specific plans structured by insurers specifically for these purposes. What if you have already taken a consolidated life policy? Dont despair. You can break it to peices! contact your insurance agent to guide you to doing so. By paying a small sum to the insurer, your policy can be broken up into more than one, without any loss to you. It is worth the efforts. Contact Us Harish Chand [Authorised LIC Agent] 9811896425 9212201725 www.delhilicagent.com harishchand@in.com

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    Attribution Non-Commercial (BY-NC)
    Scarica in formato PDF, TXT o leggi online su Scribd
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    142 visualizzazioni9 pagine

    Mix Pension Plan

    Caricato da

    Harish Chand
    Why Insurance Almost each one of us has bought or plans to buy life insurance. The usual process is contact an insurance agent who helps you estimate the policy value and goes ahead and buys the policy on your behalf. So you feel good that you now have a life policy showing how much you worth! Take a step back before you buy that policy. Have you ever considered buying more then one policy value you desire? There are some great gains in doing so. These are.... During Financial lows If you go through a situation where you are financially constrained to surrender your life policy, you will lose the cover for the entire policy even if you do not need the entire surrender value of the policy. For instance if your policy's surrender value is Rs 10 Lakh and you need Rs 4 Lakh cash, you will have to cancel the entire policy and lose life over completely. had this policy of Rs 10 lakh been taken as 2 policies of Rs 5 lakh each, you could have surrendered just one policy. You would still remain covered for Rs 5 lakh! Distributing your estate Breaking up your life policy help in this count too. Taking the same example, instead of having one Rs 10 lakh policy, having 2 Rs 5 Lakh policies helps allocate your estate among your children ( this is an ideal situiation if you have 2 children - each child gets proceeds from one policy). Taking a loan You can use your life policy as a pledgeable security while taking a loan. Lenders as well as the insurer usually offers loans up to a specified percentage of the surrender value of the policy. If you dont need a loan to the extent of the amount you are eligible for, you will still have to offer the entire policy as security to the lender till the repayment of the loan. During the period the policy remains with the lender, he is eligible for all the rights to the policy. However if you break up your policies, you need to pledge only just that many policies to raise the necessary loan. Tax Benefits Section 88 of the Income Tax Act states that premium paid on a life policy is eligible for tax rebate. The beneficiary may be different from the premium paying person. For instance your wife can pay premium for your policy and claim the tax benefit. Breaking up for life policy helps in this case too. If the premium paid on a consolidated policy is higher than the amount of rebate you need, you can break the policy to claim the entire tax rebate. This can be done by another tax paying family member paying the premium for one policy and claiming the rebate. Meeting your life goals You can divide your life insurance portfolio into a number of policies spread over different tenors to give you a stream of steady income to take care of your life's financial commitments like children's education and marriage, buying property, asving up for your old age etc. Check out specific plans structured by insurers specifically for these purposes. What if you have already taken a consolidated life policy? Dont despair. You can break it to peices! contact your insurance agent to guide you to doing so. By paying a small sum to the insurer, your policy can be broken up into more than one, without any loss to you. It is worth the efforts. Contact Us Harish Chand [Authorised LIC Agent] 9811896425 9212201725 www.delhilicagent.com harishchand@in.com

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    di 9

    Insurance Proposal for

    Mr. Gupta

    for Annual Income of Rs. 1200000/- from age 50 to 99

    Presented by
    Harish Chand
    LIFE INSURANCE CORPORATION OF INDIA
    Delhi LIC Agent

    PH. 09811896425, 09212201725


    help@delhilicagent.com
    www.delhiLICagent.com
    Insurance Proposal for

    Mr. Gupta

    for Annual Income of


    The objective of this proposal is to provide financial security to your Rs. 1200000/-
    from age 50 to 99
    family during your productive span and a happy independent retired
    lifestyle for yourself and your spouse when you decide to retire.

    At this moment your family’s dependancy on you is very


    high. Your hard work ensures that they get the best in their
    life. Hence this proposal provides for a high riskcover of
    Rs.8112270/- starting at your age of 24 and growing to
    Rs.29606395/- at age 49. During this period you will
    need to make annual premium payments of Rs. 266765/-

    To compliment a comfortable lifestyle for you in your


    golden years this plan will provide annual tax-free income
    from age 50 to 99. You will recieve annual income of
    Rs.1243632/-.

    Ø No premiums are payable from your own funds after 49.

    Ø During the income period too your life will be covered.


    In case of death during this period a lumpsum amount
    shall be paid to your nominee.

    Ø In the event of any emergency or financial difficulties,


    there is a provision under this Magic Plan to provide loan
    against the insurance policy after payment of 3 yearly
    premiums.
    Disclaimer:
    Ø Certain benefits illustrated under this MagicPlan Retire & Enjoy are based on performance projections of the underlying
    L.I.C. plans. Actual future performance of these plans can vary the results.
    Ø Please refer to the page titled - How does this Magic-Plan work? for detailed understanding of this insurance
    proposal
    Ø The effective yield in the above proposal works out to 7.98 % (calculated as per IRR method)

    Presented by

    Harish Chand
    LIFE INSURANCE CORPORATION OF INDIA
    Delhi LIC Agent
    PH. 09811896425, 09212201725
    help@delhilicagent.com
    www.delhiLICagent.com
    Harish Chand
    LIFE INSURANCE CORPORATION OF INDIA

    Delhi LIC Agent


    PH. 09811896425, 09212201725
    help@delhilicagent.com
    www.delhiLICagent.com

    MagicPlan - Retire And Enjoy - VI

    How does this Magic-Plan work ?

    Ø A combination of Jeevan Saral, Endowment & Whole Life Policies of Rs. 7845000 is being proposed

    to provide the benefits as illustrated in this MagicPlan presentation.

    Ø Jeevan Saral plan has a unique feature of Partial Withdrawal which enables us to have the flexibility

    of cash flows during the policy term.

    Ø The income illustrated from your age 50 to 58 are coming through partial withdrawals from this

    plan. The amount of partial withdrawal done each year is such that it pays for the premium and also

    Ø provides for your income in respective year. Thus you do not have to bear the burden of paying

    premium from your own pocket.

    The annual income at age 50 will be Rs.1243632.

    Ø From age 59 to 99 the pension will be provided through maturity proceeds taken in installments

    from L.I.C. (through settlement option) on the policies as shown below:

    Appr. Maturity Amount per year in the


    Age Maturity Amount Settlement Period Settlement Period

    59 Jeevan Saral 10128077 59 to 68 Years 1249197

    69 Endowment 1442650 69 to 69 Years 1442650

    70 Endowment 11488600 70 to 79 Years 1417004

    80 Whole Life 11095700 80 to 89 Years 1368544

    90 Whole Life 10958150 90 to 99 Years 1351578

    Partial Withdrawal Schedule of Jeevan Saral

    Mly Premium Partial Mly Premium Partial Mly Premium Partial


    Year Reduction Withdrawal Year Reduction Withdrawal Year Reduction Withdrawal
    2037 1450 1429454
    2038 1300 1412879
    2039 1150 1374193
    2040 1050 1376067
    2041 950 1361493
    2042 850 1328678
    2043 800 1360416
    2044 750 1383555
    2045 700 1397361
    2046 4700 1249197
    Harish Chand
    LIFE INSURANCE CORPORATION OF INDIA

    Delhi LIC Agent


    PH. 09811896425, 09212201725
    help@delhilicagent.com
    www.delhiLICagent.com

    MagicPlan - Retire And Enjoy - VI

    Quotation Ref.No. : Pension165 Quotation Date : 11/02/2011


    Proposer’s Name : Mr. Gupta Proposer’s Age : 24 (nearer birthday)
    Sum Proposed : 7845000 Yearly Premium : 266765

    Desired Income : 1200000

    Benefits During Deferment Period


    Risk Cover Cash
    Yearly
    Year Age Normal Accident Premium Value

    2011 24 8112270 13112270 266765 0


    2012 25 8543940 13543940 266765 0
    2013 26 8975610 13975610 266765 54250
    2014 27 9407280 14407280 266765 399203
    2015 28 9838950 14838950 266765 613672
    2016 29 10270620 15270620 266765 863719
    2017 30 10702290 15702290 266765 1078389
    2018 31 11133960 16133960 266765 1297409
    2019 32 11565630 16565630 266765 1527899
    2020 33 12613800 17613800 266765 1769907
    2021 34 13113970 18113970 266765 2643923
    2022 35 13648390 18648390 266765 2987687
    2023 36 14234185 19234185 266765 3372393
    2024 37 14871355 19871355 266765 3826037
    2025 38 15648300 20648300 266765 4357493
    2026 39 16393195 21393195 266765 4965511
    2027 40 17189465 22189465 266765 5571124
    2028 41 18037110 23037110 266765 6235095
    2029 42 18997455 23997455 266765 6963630
    2030 43 20048400 25048400 266765 7767326
    2031 44 21212045 26212045 266765 8649512
    2032 45 22532590 27532590 266765 9607489
    2033 46 24159760 29159760 266765 10663857
    2034 47 25872555 30872555 266765 11818432
    2035 48 27688100 32688100 266765 13071913
    2036 49 29606395 34606395 266765 14437856

    6935890

    * The above projection is based on assumptions enumerated on the page titled "Benefits during the Retirement Period".
    Harish Chand
    LIFE INSURANCE CORPORATION OF INDIA

    Delhi LIC Agent


    PH. 09811896425, 09212201725
    help@delhilicagent.com
    www.delhiLICagent.com

    MagicPlan - Retire And Enjoy - VI

    Quotation Ref.No. : Pension165 Quotation Date : 11/02/2011


    Proposer’s Name : Mr. Gupta Proposer’s Age : 24 (nearer birthday)
    Sum Proposed : 7845000 Yearly Premium : 266765

    Desired Income : 1200000

    Benefits during the Retirement Period


    Risk Cover Yearly Desired Returns Prem. Net Cash
    Year Age Normal Accident Premium Income From L.I.C. Pymt. Income Value

    2037 50 29904066 32337679 185822 1200000 1429454 185822 1243632 14746532


    2038 51 30207973 32586550 170479 1200000 1412879 170479 1242400 14804397
    2039 52 30535330 32865221 156906 1200000 1374193 156906 1217287 14863096
    2040 53 31140413 33425851 144513 1200000 1376067 144513 1231554 14869349
    2041 54 31769870 34015089 133301 1200000 1361493 133301 1228192 14877619
    2042 55 32616853 34826087 123269 1200000 1328678 123269 1205409 14863191
    2043 56 33382135 35557500 113827 1200000 1360416 113827 1246589 14775759
    2044 57 34068830 36212443 104976 1200000 1383555 104976 1278579 14617334
    2045 58 34682300 36796278 96714 1200000 1397361 96714 1300647 14397347
    2046 59 25312720 27227720 41243 1200000 1249197 41243 1207954 5396445
    2047 60 26684990 28599990 41243 1200000 1249197 41243 1207954 5797911
    2048 61 28057260 29972260 41243 1200000 1249197 41243 1207954 6192933
    2049 62 29429530 31344530 41243 1200000 1249197 41243 1207954 6615518
    2050 63 30801800 32716800 41243 1200000 1249197 41243 1207954 7071155
    2051 64 31069070 32984070 41243 1200000 1249197 41243 1207954 7565190
    2052 65 31336340 33251340 41243 1200000 1249197 41243 1207954 8107220
    2053 66 31603610 33518610 41243 1200000 1249197 41243 1207954 8727212
    2054 67 31870880 33785880 41243 1200000 1249197 41243 1207954 9399969
    2055 68 32138150 34053150 41243 1200000 1249197 41243 1207954 10163183
    2056 69 30952450 32652450 36557 1200000 1442650 36557 1406093 10483156
    2057 70 19639200 19639200 0 1200000 1417004 0 1417004 5586826
    2058 71 19814550 19814550 0 1200000 1417004 0 1417004 5844994
    2059 72 19989900 19989900 0 1200000 1417004 0 1417004 6107470
    2060 73 20165250 20165250 0 1200000 1417004 0 1417004 6373093
    2061 74 20340600 20340600 0 1200000 1417004 0 1417004 6641757
    2062 75 20515950 20515950 0 1200000 1417004 0 1417004 6912212
    2063 76 20691300 20691300 0 1200000 1417004 0 1417004 7185462
    2064 77 20866650 20866650 0 1200000 1417004 0 1417004 7461403
    2065 78 21042000 21042000 0 1200000 1417004 0 1417004 7737535
    2066 79 21217350 21217350 0 1200000 1417004 0 1417004 8016076
    2067 80 10205300 10205300 0 1200000 1368544 0 1368544 3956836
    2068 81 10288950 10288950 0 1200000 1368544 0 1368544 4089460
    2069 82 10372600 10372600 0 1200000 1368544 0 1368544 4222411
    2070 83 10456250 10456250 0 1200000 1368544 0 1368544 4355001
    2071 84 10539900 10539900 0 1200000 1368544 0 1368544 4487129
    2072 85 10623550 10623550 0 1200000 1368544 0 1368544 4619326
    2073 86 10707200 10707200 0 1200000 1368544 0 1368544 4750240
    2074 87 10790850 10790850 0 1200000 1368544 0 1368544 4881037
    2075 88 10874500 10874500 0 1200000 1368544 0 1368544 5010989
    2076 89 10958150 10958150 0 1200000 1368544 0 1368544 5142647
    2077 90 0 0 0 1200000 1351578 0 1351578 0
    2078 91 0 0 0 1200000 1351578 0 1351578 0
    2079 92 0 0 0 1200000 1351578 0 1351578 0
    Harish Chand
    LIFE INSURANCE CORPORATION OF INDIA

    Delhi LIC Agent


    PH. 09811896425, 09212201725
    help@delhilicagent.com
    www.delhiLICagent.com

    MagicPlan - Retire And Enjoy - VI


    Risk Cover Yearly Desired Returns Prem. Net Cash
    Year Age Normal Accident Premium Income From L.I.C. Pymt. Income Value

    2080 93 0 0 0 1200000 1351578 0 1351578 0


    2081 94 0 0 0 1200000 1351578 0 1351578 0
    2082 95 0 0 0 1200000 1351578 0 1351578 0
    2083 96 0 0 0 1200000 1351578 0 1351578 0
    2084 97 0 0 0 1200000 1351578 0 1351578 0
    2085 98 0 0 0 1200000 1351578 0 1351578 0
    2086 99 0 0 0 1200000 1351578 0 1351578 0

    1678794 67729976 1678794 66051182

    u Magic-Plan Retire & Enjoy is a combination of LIC plans specially researched to meet the objective of securing a financially
    independent life for yourself and your spouse on retirement.
    u Benefits from Jeevan Saral plan are illustrated on the assumption that LIC will be able to provide a consistent return of 10%
    p.a. throughout the term of the policy on the investible portion of the premium. For the purpose of illustration the average
    investible portion of the premium under this plan as illustrated by LIC .
    u The effective yield in the above proposal (based on maturity benefits) works out to 7.98 % (calculated as per IRR method ).
    Harish Chand
    LIFE INSURANCE CORPORATION OF INDIA

    Delhi LIC Agent


    PH. 09811896425, 09212201725
    help@delhilicagent.com
    www.delhiLICagent.com

    MagicPlan - Retire And Enjoy - VI

    Quotation Ref.No. : Pension165 Quotation Date : 11/02/2011


    Proposer’s Name : Mr. Gupta Proposer’s Age : 24 (nearer birthday)
    Sum Proposed : 7845000 Yearly Premium : 266765
    Sec.80 CCE Invt. Lmt. : 100000 Sec.80 CCE Tax Rebate : 33.99

    Insurance Facts
    Risk Cover Annual Tax Net Returns Net Cash
    Year Age Normal Accident Premium Saved Premium From L.I.C. Cashflow Value
    2011 24 8112270 13112270 266765 67980 198785 0 -266765 0
    2012 25 8543940 13543940 266765 67980 198785 0 -266765 0
    2013 26 8975610 13975610 266765 67980 198785 0 -266765 60392
    2014 27 9407280 14407280 266765 67980 198785 0 -266765 412077
    2015 28 9838950 14838950 266765 67980 198785 0 -266765 631955
    2016 29 10270620 15270620 266765 67980 198785 0 -266765 887455
    2017 30 10702290 15702290 266765 67980 198785 0 -266765 1108472
    2018 31 11133960 16133960 266765 67980 198785 0 -266765 1333483
    2019 32 11565630 16565630 266765 67980 198785 0 -266765 1570041
    2020 33 12613800 17613800 266765 67980 198785 0 -266765 1818972
    2021 34 13113970 18113970 266765 67980 198785 0 -266765 2699849
    2022 35 13648390 18648390 266765 67980 198785 0 -266765 3051043
    2023 36 14234185 19234185 266765 67980 198785 0 -266765 3443402
    2024 37 14871355 19871355 266765 67980 198785 0 -266765 3905769
    2025 38 15648300 20648300 266765 67980 198785 0 -266765 4445879
    2026 39 16393195 21393195 266765 67980 198785 0 -266765 5063731
    2027 40 17189465 22189465 266765 67980 198785 0 -266765 5679241
    2028 41 18037110 23037110 266765 67980 198785 0 -266765 6354368
    2029 42 18997455 23997455 266765 67980 198785 0 -266765 7094249
    2030 43 20048400 25048400 266765 67980 198785 0 -266765 7910526
    2031 44 21212045 26212045 266765 67980 198785 0 -266765 8806067
    2032 45 22532590 27532590 266765 67980 198785 0 -266765 9777579
    2033 46 24159760 29159760 266765 67980 198785 0 -266765 10850821
    2034 47 25872555 30872555 266765 67980 198785 0 -266765 12023503
    2035 48 27688100 32688100 266765 67980 198785 0 -266765 13296523
    2036 49 29606395 34606395 266765 67980 198785 0 -266765 14683526
    2037 50 29904066 32337679 185822 48009 137813 1429454 1243632 14746532
    2038 51 30207973 32586550 170479 48009 122470 1412879 1242400 14804397
    2039 52 30535330 32865221 156906 48009 108897 1374193 1217287 14863096
    2040 53 31140413 33425851 144513 48009 96504 1376067 1231554 14869349
    2041 54 31769870 34015089 133301 45310 87991 1361493 1228192 14877619
    2042 55 32616853 34826087 123269 41900 81369 1328678 1205409 14863191
    2043 56 33382135 35557500 113827 38690 75137 1360416 1246589 14775759
    2044 57 34068830 36212443 104976 35682 69294 1383555 1278579 14617334
    2045 58 34682300 36796278 96714 32874 63840 1397361 1300647 14397347
    2046 59 25312720 27227720 41243 14019 27224 1249197 1221973 5396445
    2047 60 26684990 28599990 41243 14019 27224 1249197 1221973 5797911
    2048 61 28057260 29972260 41243 14019 27224 1249197 1221973 6192933
    2049 62 29429530 31344530 41243 14019 27224 1249197 1221973 6615518
    2050 63 30801800 32716800 41243 14019 27224 1249197 1221973 7071155
    2051 64 31069070 32984070 41243 14019 27224 1249197 1221973 7565190
    2052 65 31336340 33251340 41243 14019 27224 1249197 1221973 8107220
    2053 66 31603610 33518610 41243 14019 27224 1249197 1221973 8727212
    2054 67 31870880 33785880 41243 14019 27224 1249197 1221973 9399969
    2055 68 32138150 34053150 41243 14019 27224 1249197 1221973 10163183
    2056 69 30952450 32652450 36557 12426 24131 1442650 1418519 10483156
    2057 70 19639200 19639200 0 0 0 1417004 1417004 5586826
    2058 71 19814550 19814550 0 0 0 1417004 1417004 5844994
    Harish Chand
    LIFE INSURANCE CORPORATION OF INDIA

    Delhi LIC Agent


    PH. 09811896425, 09212201725
    help@delhilicagent.com
    www.delhiLICagent.com

    MagicPlan - Retire And Enjoy - VI

    Risk Cover Annual Tax Net Returns Net Cash


    Year Age Normal Accident Premium Saved Premium From L.I.C. Cashflow Value
    2059 72 19989900 19989900 0 0 0 1417004 1417004 6107470
    2060 73 20165250 20165250 0 0 0 1417004 1417004 6373093
    2061 74 20340600 20340600 0 0 0 1417004 1417004 6641757
    2062 75 20515950 20515950 0 0 0 1417004 1417004 6912212
    2063 76 20691300 20691300 0 0 0 1417004 1417004 7185462
    2064 77 20866650 20866650 0 0 0 1417004 1417004 7461403
    2065 78 21042000 21042000 0 0 0 1417004 1417004 7737535
    2066 79 21217350 21217350 0 0 0 1417004 1417004 8016076
    2067 80 10205300 10205300 0 0 0 1368544 1368544 3956836
    2068 81 10288950 10288950 0 0 0 1368544 1368544 4089460
    2069 82 10372600 10372600 0 0 0 1368544 1368544 4222411
    2070 83 10456250 10456250 0 0 0 1368544 1368544 4355001
    2071 84 10539900 10539900 0 0 0 1368544 1368544 4487129
    2072 85 10623550 10623550 0 0 0 1368544 1368544 4619326
    2073 86 10707200 10707200 0 0 0 1368544 1368544 4750240
    2074 87 10790850 10790850 0 0 0 1368544 1368544 4881037
    2075 88 10874500 10874500 0 0 0 1368544 1368544 5010989
    2076 89 10958150 10958150 0 0 0 1368544 1368544 5142647
    2077 90 0 0 0 0 0 1351578 1351578 0
    2078 91 0 0 0 0 0 1351578 1351578 0
    2079 92 0 0 0 0 0 1351578 1351578 0
    2080 93 0 0 0 0 0 1351578 1351578 0
    2081 94 0 0 0 0 0 1351578 1351578 0
    2082 95 0 0 0 0 0 1351578 1351578 0
    2083 96 0 0 0 0 0 1351578 1351578 0
    2084 97 0 0 0 0 0 1351578 1351578 0
    2085 98 0 0 0 0 0 1351578 1351578 0
    2086 99 0 0 0 0 0 1351578 1351578 0

    8614684 2306587 6308097 67729976 59267908


    Harish Chand
    LIFE INSURANCE CORPORATION OF INDIA

    Delhi LIC Agent


    PH. 09811896425, 09212201725
    help@delhilicagent.com
    www.delhiLICagent.com

    MagicPlan - Retire And Enjoy - VI

    Quotation Ref.No. : Pension165 Quotation Date : 11/02/2011


    Proposer’s Name : Mr. Gupta Proposer’s Age : 24 (nearer birthday)
    Sum Proposed : 7845000 Yearly Premium : 266765
    Desired Annuity : 1200000

    Sec.80 CCE Invt. Lmt. : 100000 Sec.80 CCE Tax Rebate : 33.99

    Agent's Copy

    Interim * Bonus #Assu PREMIUM


    Sr. DAB Bonus Rate Step
    No. Plan/Tm/PPT Sum Sum Rate Rate FAB SSS Mly. Qly. Hly. Yly.

    1 5/26/26 1310000 1310000 70 70 3550 2871 3020 8613 16958 33380


    2 5/26/26 1195000 1195000 70 70 3550 2619 2755 7857 15470 30450
    3 165/35/35 3425000 580000 13748 13748 41245 81668 161692
    4 14/45/45 215000 215000 48 48 3550 403 424 1209 2381 4686
    5 14/46/46 1700000 1700000 48 48 3550 3145 3309 9435 18574 36557

    7845000 5000000 22786 23256 68359 135051 266765

    1. '*' : - Assuming LIC will declare the above mentioned bonus rates for the year ended 31-Mar-2010.

    2. '#' : - Assuming that bonus rate declared by LIC will increase/decrease per year by step rate mentioned above.

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