To,

Sheetal
Monthly 300,

Salient Features of the Plan

Plan Name : Jeevan Saral
Features : LICs Jeevan Saral is a unique plan having good features of the conventional plans and the flexibility of
Unit-Linked plan. To the policyholder it provides
Higher cover
A smooth return
Liquidity and
A lot of flexibility.
Benefits :
On death:
250 times the monthly premium, plus
Return of premiums excluding extra / rider premium and first year premium, plus
The loyality additions, if any.
On maturity
Maturity sum assured, plus
The loyality Addition, if any.
The plan offers a number of other benefits as follows:
Premium Holidays :- The plan offers premium holiday of 12 months after the policy has been in force for a period of 3 years
or more.
Flexible Term :- The policyholder can choose a maximum term but can surrender at any time without any surrender
penalty
or loss.
Partial Surrenders :- The plan will allow partial surrenders from 4th year onwards subject certain conditions for which please
refer to policy document.
Loyalty Addition : Only loyality additions will be declared under the plan. The minimum term after which a policy can earn
loyality addition will be 10 years. Loyality additions will be subject to corporations experience. Loyality additions may be
paid in case of death, maturity and surrenders.
Accident Benefit : Accident Benefit is allowed.
Loan : Loan is permissible under the policy after it acquires a paid up value. The terms and conditions of the loan and the
rate of interest applicable will be as fixed by the corporation from time to time. At present, the rate of interest is 10.5%
p.a. compounding half-yearly.
Maturity : The Sum Assured along with the Loyality Addition is payable.

Risk Covered And Cash Flow

DOB
01/01/1987
Term
Mode
Term Rider
Term Rider Premium
DAB
DAB Premium
Year Age
2011
24
2012
25
2013
26
2014
27
2015
28
2016
29
2017
30
2018
31
2019
32
2020
33
2021
34
2022
35
2023
36
2024
37
2025
38
2026
39
2027
40
2028
41
2029
42
2030
43
2031
44
Total

Age 24
20
S
0
0
75000
75

---- Risk Covered ---Normal Accidental

75,000
1,50,000
78,600
1,53,600
82,200
1,57,200
85,800
1,60,800
89,400
1,64,400
93,000
1,68,000
96,600
1,71,600
1,00,200
1,75,200
1,03,800
1,78,800
1,07,400
1,82,400
1,11,000
1,86,000
1,14,600
1,89,600
1,18,200
1,93,200
1,21,800
1,96,800
1,25,400
2,00,400
1,29,000
2,04,000
1,32,600
2,07,600
1,36,200
2,11,200
1,39,800
2,14,800
1,43,400
2,18,400
0
0

Annual
Premium
3,675
3,675
3,675
3,675
3,675
3,675
3,675
3,675
3,675
3,675
3,675
3,675
3,675
3,675
3,675
3,675
3,675
3,675
3,675
3,675
0
73,500

Likely Returns Summary

End of End of Policy

Maturity Sum

Year

Year

Assured (MSA)

2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030

10
11
12
13
14
15
16
17
18
19
20

33387
37953
42567
47478
52842
58659
63531
68430
73470
78519
83628

Quotation No. 1113

Date
Budgetted Premium (Per Month)
Installment Premium
Total Installment Premium
Total Annual Premium
Maturity Sum Assured
Tax
Saved
1,125
1,125
1,125
1,125
1,125
1,125
1,125
1,125
1,125
1,125
1,125
1,125
1,125
1,125
1,125
1,125
1,125
1,125
1,125
1,125
0
22,500

Net
Premium
2,550
2,550
2,550
2,550
2,550
2,550
2,550
2,550
2,550
2,550
2,550
2,550
2,550
2,550
2,550
2,550
2,550
2,550
2,550
2,550
0
51,000

Returns
From LIC
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
233628

Likely LA

Total Amount

37500
45375
54000
63375
73500
84375
96000
108375
121500
135375
150000

70887
83328
96567
110853
126342
143034
159531
176805
194970
213894
233628

Loan
Available
0
0
5,547
3,320
3,923
3,132
3,267
3,429
3,602
3,829
4,109
4,153
4,420
4,828
5,235
4,385
4,409
4,536
4,544
4,598
0

07/04/2011
300
3600
3675
3675

233628
Total Loan
Available
0
0
5,547
8,867
12,790
15,922
19,189
22,618
26,220
30,048
34,158
38,310
42,730
47,558
52,793
57,178
61,587
66,123
70,667
75,265
0

Hi you can take maturity amount any time you want after 10 years ,plz look at chart.
If you withdraw after 10,12,15,20,any years after 10 year syou will get below maturity amount.
Years
10
12
15
18
20

Maturity amount
70,887
96567
143034
194970
233628