Single Premium Endowment

(Plan No. - 817)

Illustration specially prepared for

Kum. Baby
(age 0 years)

Benefits Illustration Summary

Single Premium - One time investment for a long

term life cover and maturity.

Life Cover to the extent of Sum Assured + Bonus +

Final Additional Bonus (as applicable).

Rs. 5,00,000

Term

23 years

Premium

Single premium Rs. 2,38,318

Maturity Benefit
Year

Guaranteed

23

On Maturity of the term, Sum Assured + Bonus +

Final Additional Bonus (as applicable) will be paid.

Sum Assured

In this policy your life cover will

start at Rs. 2,31,175. By virtue of
bonus getting added every year,
your risk cover will grow to
Rs. 12,00,000 when your age will
be 23.

Loan

Loan is available on this policy

from 2nd year onwards

Tax Saving

You will save a tax of Rs. 15,300

under Sec.80 CCE.

Can be opted for Retirement Planning also.

wide choice of term.

Liquidity through Loan after 1 year.

7,00,000 12,00,000

Life Cover

Excellent for meeting Educational Needs of young

ones as children with age of 90 days can be covered.

Can be easily aligned with your family objectives with its

5,00,000

Bonus Total

Premium paid is TAX EXEMPTED u/s 80 C to the tune

of 10% of the sum assured.

Plan Parameters
Parameter
Age
Term
Sum Assured
Modes

Min

Max

0 (90 days)

65

10

25

50000

No Limit
Sng

Presented by

M KARUNANIDHI
Insurance Investment Consultant
No. 44, Lingappa Chetty Street,
Coimbatore 641 001
Tel: 0422 - 2476045, Cell: 98430 - 65776, 98431 - 65536
e-mail. karuna_lic@yahoo.co.in

This illustration contains guaranteed and non-guaranteed benefits.The

purpose of this illustration is solely to help you understand the projected
benefits that may be possible in future. The presenter in no manner is
promising or giving a guarantee about such projected benefits.The actual
benefits will depend upon the future performance of L.I.C. Of India with
respect to this product.

M KARUNANIDHI
Insurance Investment Consultant
No. 44, Lingappa Chetty Street,
Coimbatore 641 001
Tel: 0422 - 2476045, Cell: 98430 - 65776, 98431 - 65536
e-mail. karuna_lic@yahoo.co.in

Single Premium Endowment Plan Presentation for Kum. Baby (age 0 years)

Forecast of Insurance Benefits

Risk Covered

Mode of Premium

Single

Installment Premium

2,38,318

Accident Cover

Date of Report

06/10/2014

Crit. Illness Cover

Term

23

Premium Waiver Benefit

Risk Cover
(Natural Death)

Premium

Tax
Saved

Net
Premium

Returns From
LIC

Net Cash Flow

Cash
Value

Loan
Available

2,31,175

2,38,318
-

15,300

2,23,018

-2,38,318

1,61,822

2,31,175

2,08,058

5,75,000

2,19,623

6,00,000

2,23,608

6,25,000

2,27,708

6,50,000

2,31,953

6,75,000

2,36,443

7,00,000

2,41,218

7,25,000

2,46,376

10

10

7,50,000

2,52,008

11

11

7,75,000

2,56,403

12

12

8,00,000

2,61,038

13

13

8,25,000

2,66,070

2,39,500

14

14

8,50,000

2,71,618

2,44,500

15

15

8,85,000

2,77,808

2,50,000

16

16

9,12,500

2,84,778

2,56,250

17

17

9,40,000

2,92,760

2,63,500

18

18

9,67,500

3,01,883

2,71,750

19

19

10,00,000

3,12,510

2,81,250

20

20

10,35,000

3,24,958

2,92,500

21

21

10,75,000

3,39,570

3,05,500

22

22

11,25,000

3,56,888

3,21,250

23

23

12,00,000

12,00,000

12,00,000

3,80,558

3,42,500

2,23,018

12,00,000

9,61,682

Policy
Year

Age

1
2

2,38,318
K e y

A s s u mp t i o n s

Personal Data: DOB: 06/10/2014

Income Tax:

Sec. 80C Limit Available: 100000

Tax Savings on premiums will be @ 30.60 % u/s 80C

Projections:

Bonus: Last declared reversionary bonus has been considered for the purpose of projected Riskcover and Returns.
Terminal Bonus: Last declared terminal bonus of their respective matching discontinued plans has also been considered.