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: 7lacs //
Prem: 54214// 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 700000 1400000 54214 18427 35787 0 0 0
2011 38 700000 1400000 54214 18427 35787 0 0 0
2012 39 700000 1400000 54214 18427 35787 0 47000 47000
2013 40 700000 1400000 54214 18427 35787 0 40750 87750
2014 41 700000 1400000 54214 18427 35787 0 36000 123750
2015 42 700000 1400000 54214 18427 35787 0 41000 164750
2016 43 700000 1400000 54214 18427 35787 0 43500 208250
2017 44 700000 1400000 54214 18427 35787 0 49000 257250
2018 45 700000 1400000 54214 18427 35787 0 55500 312750
2019 46 700000 1400000 54214 18427 35787 0 63500 376250
2020 47 700000 1400000 54214 18427 35787 0 72500 448750
2021 48 700000 1400000 54214 18427 35787 0 87750 536500
2022 49 700000 1400000 54214 18427 35787 140000 142250 538750
2023 50 700000 1400000 54214 18427 35787 140000 138750 537500
2024 51 700000 1400000 54214 18427 35787 140000 158250 555750
2025 52 0 0 0 0 0 728000 0 0
Total : 813210 276405 536805 1148000

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 3rd year D = SA No premium if 'D' occurs

Premium payment for only 19 years

12th yr 140000
in g rs
hav ix yea
BENEFITS

13th yr 140000 n t
e s
par nd
14th yr 140000
for a e arou
d g
15th yr 728000 uite of a
e ally s a child
Total 1148000 Id