L I C's JEEVAN ANURAAG PLAN

L I C's Jeevan Anuraag plan is exclusively designed to take care of your child's future needs, particularly at
the start of his higher education and subsequent settlement in life. The uniqueness of this plan is the
benefits given below as returns are guaranteed. Your life is covered for risk and your child's future
financail needs are secured. Thus an easy way to start planning. Assumed herein are: Father's Age: 37 //
Sum Assured: 14lacs // Prem: 108429// IT slab: 30% // Bonus: 40/'000
Risk Cover Annual Tax Nett Returns New Loan Total Loan

Year Age Normal Accident Premium Saved Premium From L.I.C. Available Available
2010 37 1400000 2800000 108429 33990 74439 0 0 0
2011 38 1400000 2800000 108429 33990 74439 0 0 0
2012 39 1400000 2800000 108429 33990 74439 0 94000 94000
2013 40 1400000 2800000 108429 33990 74439 0 81500 175500
2014 41 1400000 2800000 108429 33990 74439 0 72000 247500
2015 42 1400000 2800000 108429 33990 74439 0 82000 329500
2016 43 1400000 2800000 108429 33990 74439 0 87000 416500
2017 44 1400000 2800000 108429 33990 74439 0 98000 514500
2018 45 1400000 2800000 108429 33990 74439 0 111000 625500
2019 46 1400000 2800000 108429 33990 74439 0 126750 752250
2020 47 1400000 2800000 108429 33990 74439 0 145250 897500
2021 48 1400000 2800000 108429 33990 74439 0 175250 1072750
2022 49 1400000 2800000 108429 33990 74439 280000 284750 1077500
2023 50 1400000 2800000 108429 33990 74439 280000 277500 1075000
2024 51 1400000 2800000 108429 33990 74439 280000 316250 1111250
2025 52 0 0 0 0 0 1456000 0 0
Total : 1626435 509850 1116585 2296000

Graphical presentation
Premium Paying Period

40% SA
+Bonus
+FAB
20% SA 20% SA 20% SA
Loan from 3rd year onwards
12 13 14 15
Start 3 year
rd D = SA No premium if 'D' occurs

Premium payment for only 19 years

g a
12th yr 280000
t havin
r en
a pa x years
BENEFITS

13th yr 280000
or
df si
14th yr 280000
y s uite around
ll e
15th yr 1456000 Idea d of ag
Total 2296000 chi l