Insurance Proposal for

Mr. XYZ
for Annual Income of Rs. 137000/from age 55 to 75

Presented by
Swaran Jeet Singh
FOR ALL KIND OF LIC POLICIES...
Off.: Br 129, 20 A, Shivaji Marg (Near Haldi Ram),
Moti Nagar, New Delhi - 110015
Mobile No.>> 9654748888 / 9540340443
lic.advisor.1720@gmail.com

Presented by
Swaran Jeet Singh
FOR ALL KIND OF LIC POLICIES...
Off.: Br 129, 20 A, Shivaji Marg (Near Haldi Ram),
Moti Nagar, New Delhi - 110015
Mobile No.>> 9654748888 / 9540340443
lic.advisor.1720@gmail.com

Overview of Insurance & Retirement Plan for

Mr. XYZ
The objective of this proposal is to provide financial security to your family during your
productive span and a happy independent retired lifestyle for yourself and your spouse
when you decide to retire.

Under this insurance proposal you will need to make

premium payments of Rs.50627/- p.a. from your own
funds till your age of 54 years. This proposal provides for
a high riskcover of Rs.1340840/- starting at age 35 and
growing to Rs.2539750/- at age 55.

In the year 2031 when you will be 55 years of age, you

will start receiving annual tax free income every year till
75 years of your age. Income starts at Rs. 156629 per
annum and increases by approximately 0.00 % every
year to take care of inflating costs of living. There is a
provision of risk cover during this period too. In case of
death during this period lump sum amount corresponding
to the prevailing risk cover will be paid to your nominee.

No premiums are payable from own fund after deferment

period, that is, after age 54.
In the event of any emergency or financial difficulties,
there is a provision under this Magic Plan to provide loan
against the insurance policy. The loan is available after 2
years of completion of the policy and payment of 3 yearly
premiums.
Premiums are available for exemption under sec.80 CCE of
income tax act upto Rs.100000/- per annum.

Disclaimer
u Magic-Plan Retire & Enjoy is a combination of LIC plans specially researched to meet the objective of securing a financially

independent life for yourself and your spouse on retirement.

u The benefits shown in this presentation have been calculated on the basis of interim bonuses declared by LIC for the year

ended 31-Mar-2010. Actual results may deviate depending on the future bonuses declared by LIC.
u Loan calculation is done on the basis of present surrender value rates.
u The effective yield in the above proposal works out to 8.28 % (calculated as per IRR method).

Swaran Jeet Singh

FOR ALL KIND OF LIC POLICIES...
Off.: Br 129, 20 A, Shivaji Marg (Near Haldi Ram),
Moti Nagar, New Delhi - 110015
Mobile No.>> 9654748888 / 9540340443
lic.advisor.1720@gmail.com

MagicPlan - Retire And Enjoy - III

Quotation Ref.No.

: Gh

Quotation Date

: 27/08/2011

Proposers Name

: Mr. XYZ

Proposers Age

: 35

Sum Proposed

: 1280000

Yearly Premium

: 50627

Sec.80 CCE Invt. Lmt.

Sec.80 CCE Tax Rebate

: 100000

(nearer birthday)

: 30.90 %

Benefits During Deferment Period

Risk Cover

Yearly
Premium

Tax
Saved

Net
Premium

Loan
Available

2120840

50627

15642

34985

2181680

50627

15642

34985

1462520

2242520

50627

15642

34985

23750

38

1523360

2303360

50627

15642

34985

61750

39

1584200

2364200

50627

15642

34985

87000

2016

40

1645040

2425040

50627

15642

34985

115500

2017

41

1705880

2485880

50627

15642

34985

145500

2018

42

1766720

2546720

50627

15642

34985

179500

2019

43

1827560

2607560

50627

15642

34985

216500

2020

44

1888400

2668400

50627

15642

34985

258000

2021

45

1949240

2729240

50627

15642

34985

304750

2022

46

2010080

2790080

50627

15642

34985

354250

2023

47

2070920

2850920

50627

15642

34985

409750

2024

48

2131760

2911760

50627

15642

34985

471750

2025

49

2199900

2979900

50627

15642

34985

540000

2026

50

2264390

3044390

50627

15642

34985

615000

2027

51

2334380

3114380

50627

15642

34985

700250

2028

52

2401620

3181620

50627

15642

34985

795750

2029

53

2468860

3248860

50627

15642

34985

903750

2030

54

2539750

3319750

50627

15642

34985

1032250

1012540

312840

699700

Year

Age

Normal

Accident

2011

35

1340840

2012

36

1401680

2013

37

2014
2015

* The above projection is based on assumptions enumerated on the page titled "Benefits during the Retirement Period".

Swaran Jeet Singh

FOR ALL KIND OF LIC POLICIES...
Off.: Br 129, 20 A, Shivaji Marg (Near Haldi Ram),
Moti Nagar, New Delhi - 110015
Mobile No.>> 9654748888 / 9540340443
lic.advisor.1720@gmail.com

MagicPlan - Retire And Enjoy - III

Quotation Ref.No.

: Gh

Quotation Date

: 27/08/2011

Proposers Name

: Mr. XYZ

Proposers Age

: 35

Sum Proposed

: 1280000

Yearly Premium

: 50627

Sec.80 CCE Invt. Lmt.

: 100000

Sec.80 CCE Tax Rebate

(nearer birthday)

: 30.90 %

Benefits during the Retirement Period

Returns From LIC
Risk Cover
Year

Age

Normal

Accident

Yearly
Premium

Tax
Saved

Net
Premium

Desired
Income

Amount
Received

Used for
Prem. Pymt.

Net
Receivable

Loan
Available

2031

55

2417440

3097440

45397

14026

31371

137000

188000

31371

156629

1003000

2032

56

2311740

2901740

40904

12638

28266

137000

185220

28266

156954

970000

2033

57

2237770

2742770

36842

11383

25459

137000

181560

25459

156101

936250

2034

58

2159350

2584350

33174

10250

22924

137000

180320

22924

157396

902000

2035

59

2106500

2456500

29870

9229

20641

137000

178650

20641

158009

868000

2036

60

2058230

2343230

27110

8376

18734

137000

164450

18734

145716

843750

2037

61

1992420

2212420

24442

7552

16890

137000

174070

16890

157180

812750

2038

62

1921040

2081040

22061

6816

15245

137000

170160

15245

154915

783000

2039

63

1846460

1951460

19942

6161

13781

137000

164670

13781

150889

758000

2040

64

1754500

1804500

17884

5525

12359

137000

173360

12359

161001

725250

2041

65

1694000

1694000

16012

4947

11065

137000

159500

11065

148435

696750

2042

66

1613700

1613700

14281

4412

9869

137000

169400

9869

159531

662750

2043

67

1513600

1513600

12586

3888

8698

137000

179300

8698

170602

622250

2044

68

1393700

1393700

10925

3375

7550

137000

189200

7550

181650

576250

2045

69

1254000

1254000

9295

2871

6424

137000

199100

6424

192676

523000

2046

70

1094500

1094500

7692

2376

5316

137000

209000

5316

203684

462500

2047

71

915200

915200

6113

1888

4225

137000

218900

4225

214675

393250

2048

72

716100

716100

4556

1407

3149

137000

228800

3149

225651

314500

2049

73

497200

497200

3021

933

2088

137000

238700

2088

236612

224250

2050

74

271000

271000

1503

464

1039

137000

248600

1039

247561

121750

2051

75

137000

271000

271000

4071960

265093

3806867

383610

u Magic-Plan Retire & Enjoy is a combination of LIC plans specially researched to meet the objective of securing a financially

independent life for yourself and your spouse on retirement.

u The benefits shown in this presentation have been calculated on the basis of interim bonuses declared by LIC for the year

ended 31-Mar-2010 . Actual results may deviate depending on the future bonuses declared by LIC.
u Loan calculation is done on the basis of present surrender value rates.
u The effective yield in the above proposal works out to 8.28 % (calculated as per IRR method).