Harish Chand

LIFE INSURANCE CORPORATION OF INDIA

Delhi LIC Agent
PH. 9811896425
www.delhiLICagent.com

Jeevan Anand
. . . . a life free of worries

12/01/2011
Illustration specially customized for Mr. Rajesh Aged 27 Years.

Jeevan Anand is an innovative insurance product from Life Insurance Corporation of India,
which combines the benefits of an Endowment Policy and a Whole Life Policy.
Under this plan you pay premiums for a limited period. During the premium paying period
you are covered to the extent of the sum assured and the bonuses that vest on this
policy. After the premium term is over the sum assured together with accumulated
bonuses and final additional bonus (if any) become payable to you free of any income tax.
The highlight of this plan is that even after the maturity of the policy the coverage on your
life continues for your lifetime to the extent of the sum assured without the payment of
any further premiums.

General Terms of this Plan

Minimum Age At Entry

18 years completed

Maximum Age At Entry

65 years (Age Nearer Birthday)

Maximum Premium
Ceasing Age

75 years (Age Nearer Birthday)

Premium Paying Term

5 years to 57 years

Minimum Sum Assured

Rs. 1,00,000

Maximum Sum Assured

No Limit

Double Accident
Benefit

Exclusively available upto Rs.5,00,000 during the Premium

paying term and thereafter upto age 70. No additional
premium is required to be paid

Loans

Available after payment of 3 full years premiums

Harish Chand
LIFE INSURANCE CORPORATION OF INDIA
Delhi LIC Agent
PH. 9811896425
www.delhiLICagent.com

A Proposal Jeevan Anand for you

Sum Proposed

: Rs.200000

Premium Payable For

: 16 Years

Premium Payable

: Yearly

Basic Premium

: Rs.14366

Rider Premiums

: Rs.0

Total Premium

Assumed Bonus Rate

*
: 45

Step Rate

: Rs. 14366
#
:0

Interim Bonus Rate

Sec.80 CCE Inv. Limit

: 41

: Rs.100000

Sec.80 CCE Tax Rebate

: 33.99%

Insurance Facts
Risk Cover

Annual
Premium

Tax
Saved

Nett
Premium

Returns
From L.I.C.

New Loan
Available

Total Loan
Available

408200

14366

4883

9483

418000

14366

4883

9483

227000

427000

14366

4883

9483

13500

13500

30

236000

436000

14366

4883

9483

15000

28500

31

245000

445000

14366

4883

9483

10750

39250

2016

32

254000

454000

14366

4883

9483

12250

51500

2017

33

263000

463000

14366

4883

9483

14000

65500

2018

34

272000

472000

14366

4883

9483

14500

80000

2019

35

281000

481000

14366

4883

9483

16500

96500

2020

36

290000

490000

14366

4883

9483

18750

115250

2021

37

299000

499000

14366

4883

9483

21250

136500

2022

38

308000

508000

14366

4883

9483

24250

160750

2023

39

317000

517000

14366

4883

9483

29250

190000

2024

40

326000

526000

14366

4883

9483

33250

223250

2025

41

339000

539000

14366

4883

9483

37500

260750

2026

42

349000

549000

14366

4883

9483

42750

303500

2027

43

200000

400000

349000

29000

29000

2028

44

200000

400000

1750

30750

2029

45

200000

400000

1750

32500

2030

46

200000

400000

2000

34500

2031

47

200000

400000

1750

36250

2032

48

200000

400000

2000

38250

2033

49

200000

400000

2250

40500

2034

50

200000

400000

2000

42500

2035

51

200000

400000

2250

44750

2036

52

200000

400000

2250

47000

2037

53

200000

400000

2000

49000

2038

54

200000

400000

2750

51750

2039

55

200000

400000

2500

54250

2040

56

200000

400000

2500

56750

2041

57

200000

400000

2500

59250

2042

58

200000

400000

2750

62000

2043

59

200000

400000

2500

64500

2044

60

200000

400000

2750

67250

Year

Age

Normal

2011

27

208200

2012

28

218000

2013

29

2014
2015

Accident

2045

61

200000

400000

2750

70000

2046

62

200000

400000

2750

72750

2047

63

200000

400000

2750

75500

2048

64

200000

400000

2750

78250

2049

65

200000

400000

2750

81000

2050

66

200000

400000

3000

84000

2051

67

200000

400000

2750

86750

2052

68

200000

400000

2750

89500

2053

69

200000

400000

2750

92250

2054

70

200000

200000

3000

95250

2055

71

200000

200000

2750

98000

2056

72

200000

200000

2750

100750

2057

73

200000

200000

2500

103250

2058

74

200000

200000

2750

106000

2059

75

200000

200000

2750

108750

2060

76

200000

200000

2500

111250

2061

77

200000

200000

2500

113750

2062

78

200000

200000

2500

116250

2063

79

200000

200000

2500

118750

2064

80

200000

200000

2500

121250

2065

81

200000

200000

2250

123500

2066

82

200000

200000

2250

125750

2067

83

200000

200000

2000

127750

2068

84

200000

200000

2250

130000

2069

85

200000

200000

2000

132000

2070

86

200000

200000

2000

134000

2071

87

200000

200000

2000

136000

2072

88

200000

200000

1750

137750

2073

89

200000

200000

1750

139500

2074

90

200000

200000

1750

141250

2075

91

200000

200000

2000

143250

2076

92

200000

200000

1750

145000

2077

93

200000

200000

1750

146750

2078

94

200000

200000

2250

149000

2079

95

200000

200000

2250

151250

2080

96

200000

200000

3750

155000

2081

97

200000

200000

3750

158750

2082

98

200000

200000

8750

167500

2083

99

200000

200000

6250

173750

2084

100

200000

200000

229856

78128

151728

349000

Harish Chand
LIFE INSURANCE CORPORATION OF INDIA
Delhi LIC Agent
PH. 9811896425
www.delhiLICagent.com

Benefits Summary*
Minimum Risk Cover (Normal)

Rs. 208200

Minimum Risk Cover (Accidental)

Rs. 408200

Maximum Risk Cover (Normal)

Rs. 349000

Maximum Risk Cover (Accidental)

Rs. 549000

Annual Tax Savings (Sec. 80 CCE)

Rs. 4883

Total Premium to be paid

Rs. 229856

Maturity Amount in 2027

Rs. 349000

Yield on Investment

9.24%

Free Risk Cover from 2027

onwards for Lifetime

Rs. 200000

Free additional accidental cover

from 2027 to 2054 ,when you
reach age of 70 yrs

Rs. 200000

1. '*' : - Assuming that 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.

The above statement is based on certain assumptions which are

liable to change according to Government/Corporation's policies.