Mr Chetan Shankar Patil

Deepali Deepak Sawant

"#$%&'#() *+,-$.&
Mobile-9762340061/9975698437, [email protected]
Flat No 201, Palmyra Complex, Nheru Nagar, Pimpri Pune-411018
This Presentation is Prepared for Private Circulation only.
!""#$%& !""#$( )$*$+,
!"#$%&"'( *+,-#.%
-%$, ./ 0123 4$%567$ 8/5#%"93 .:"7; .$<$73 4&5#7& 4;+"=>2212?
@/A&%"=BCD0E>11D2FBBCGDB?>EC3 H5$&%=IJKGEG0L<5$&%MN/5
Date: 25/12/2013 Age: 35 Name: Mr Chetan Shankar Patil
Plan 807: Jeevan Ankur
INTRODUCTION
It has been decided to introduce LICs Jeevan Ankur (Plan No. 807) with effect from 23rd Jan
2012.This is a conventional with profits plan which is specially designed to meet the educational and
other needs of the child. This plan is allowed to the parents who have a child upto the age of 17 years
last birthday.The term of the policy can be chosen so that on the date of maturity age of the child is in
the range 18 to 25 years last birthday.
Features
BENEFITS:
1) Benefits payable On death of the LA : The policy term, Basic SA is payable immediately on death.
2) On death of child, when LA is alive : In case of death of the child when the LA is alive, the LA will
have an option to nominate another child/person and the policy will continue with the same benefit.
payable to new nominee/legal heirs after the death of the Life Assured during the term of the policy.
3) On death of child/nominee after LAs death : In case of death of the child/nominee after LA death,
the policy shall continue and the benefits shall be payable to the legal heir(s) till the end of policy term.
4) Benefits payable on maturity: At the end of the policy term, an assured maturity benefit equal to
Basic Sum Assured along with Loyalty Addition, if any, shall be payable irrespective of survival of the
LA.
5) Loyalty Addition: The policy in full force at time of maturity/ on death, whichever is applicable.
OPTIONAL BENEFITS:
1)Accident Benefit Rider: Accident Benefit Rider shall be available as optional rider for a premium at
the rate of Rs. 0.50 per thousand Accident Benefit Rider Sum Assured.
2)Critical Illness Benefit Rider : An amount equal to the Critical Illness Rider Sum Assured will be
payable in case of diagnosis of defined categories of Critical Illness subject to certain T & C.
3)PWB Option under Critical Illness Rider: This is an optional benefit under Regular Premium.
ELIGIBILITY CONDITIONS AND FEATURES:
1)Min Age at entry for LA : 18 years (completed) 2) Max Age at entry for LA: 50 yrs (nearest
birthday)
3) Min Age at entry for child : 0 yrs(last birthday 4) Max Age at entry for child : 17 yrs(last birthday)
5) Min Term : Higher of (18 - age of child, 8) yrs 6) Max Term : (25 - age of child) years
7) Min Basic Sum Assured : Rs. 1,00,000/- 8) Max Basic Sum Assured : No Limit
The Basic Sum Assured shall be in multiples of Rs. 5000/-.Age at entry for the policyholder is to be
taken as age nearest birthday except for the Min age at entry i.e. 18 years.
LOANS: No loan facility will be available under this plan.
You can't sip soup with a knife
This Presentation is Prepared for Private Circulation only.
!""#$%& !""#$( )$*$+,
!"#$%&"'( *+,-#.%
-%$, ./ 0123 4$%567$ 8/5#%"93 .:"7; .$<$73 4&5#7& 4;+"=>2212?
@/A&%"=BCD0E>11D2FBBCGDB?>EC3 H5$&%=IJKGEG0L<5$&%MN/5
Date: 25/12/2013 Age: 35 Name: Mr Chetan Shankar Patil
Presentation DetaiIs
PIan Term /
PPT
Sum
Assured
Mode Maturity
Amount
Maturity
Year
Bonus *Premium TotaI
Prem's Paid
PIan Name
Jeevan Ankur 807 12/12 100000 0 99768 702 197067 2025 SSS
Jeevan Ankur 807 19/19 100000 0 106560 474 312020 2032 SSS
TotaI : 200000 206328 1176
Note: The above Statements are based on certain assumptions, which are liable to change according to Government f Corporation's Policies.
* Rider Premiums are included in Premium.
* N! is number of installments.
The Loyalty Addition for Plan 807 is 10
The Loyalty Addition for Plan 807 is 10
Rider DetaiIs
PPT Rider Name Rider Sum Rider
Term
Rider
Premium
TotaI Prem's
Paid
PIan Term
PWB for Critical llness 12 14 2016 807 12 12
Critical llness 100000 12 39 5616 807 12 12
Double Accident Benefit 100000 12 4 576 807 12 12
PWB for Critical llness 19 18 4104 807 19 19
Critical llness 100000 19 55 12540 807 19 19
Double Accident Benefit 100000 19 4 912 807 19 19
TotaI :
134 25764
Agents Copy
Sr.
No.
DOC Pn / Tm /
PPT
Sum
Assured
Mode
YearIy QuaterIy MonthIy SSS/ECS Per Day
No of
Inst.
SingIe HaIf YearIy
1 25/12/2013 807/12/12 100000 8259 4171 2107 704 702 22.63 0 63318
2 25/12/2013 807/19/19 100000 5575 2815 1422 477 474 15.27 0 54133
13834 6986 3529 1181 1176 38
Note:
The Premium for Plan 807 shown in above table is !nclusive of Service Tax.
When your work speaks for itself, don't interrupt
This Presentation is Prepared for Private Circulation only.
!""#$%& !""#$( )$*$+,
!"#$%&"'( *+,-#.%
-%$, ./ 0123 4$%567$ 8/5#%"93 .:"7; .$<$73 4&5#7& 4;+"=>2212?
@/A&%"=BCD0E>11D2FBBCGDB?>EC3 H5$&%=IJKGEG0L<5$&%MN/5
Date: 25/12/2013 Age: 35 Name: Mr Chetan Shankar Patil
Investment CASH FLOW
Tax Slab: 10
Nobody Plans to Fail
They Just Fail to Plan
NormaI
Lifecover
Accident
Lifecover
Year Age AnnuaI
Premium
Tax
Saved
Net
Premium
Returns
from LIC
Net Returns TotaI Loan
AvaiIabIe
Surrender
VaIue
35 200000 400000 14112 1411 12701 0 -12701 0 0 2013
36 200000 400000 13908 1390 12518 0 -12518 0 0 2014
37 200000 400000 13908 1390 12518 0 -12518 0 15353 2015
38 200000 400000 13908 1390 12518 0 -12518 0 21822 2016
39 200000 400000 13908 1390 12518 0 -12518 0 29152 2017
40 200000 400000 13908 1390 12518 0 -12518 0 37473 2018
41 200000 400000 13908 1390 12518 0 -12518 0 46961 2019
42 200000 400000 13908 1390 12518 0 -12518 0 57805 2020
43 200000 400000 13908 1390 12518 0 -12518 0 70608 2021
44 200000 400000 13908 1390 12518 0 -12518 0 85199 2022
45 200000 400000 13908 1390 12518 0 -12518 0 101333 2023
46 200000 400000 13908 1390 12518 0 -12518 0 119676 2024
47 100000 200000 5604 560 5044 197067 192023 0 38692 2025
48 100000 200000 5604 560 5044 0 -5044 0 44675 2026
49 100000 200000 5604 560 5044 0 -5044 0 51505 2027
50 100000 200000 5604 560 5044 0 -5044 0 59806 2028
51 100000 200000 5604 560 5044 0 -5044 0 69181 2029
52 100000 200000 5604 560 5044 0 -5044 0 79778 2030
53 100000 200000 5604 560 5044 0 -5044 0 91740 2031
54 0 0 0 0 0 312020 312020 0 0 2032
TotaI 206328 20621 185707 509088 323381
Note: (1) The above Statements are based on certain assumptions, which are liable to change according to Government f Corporation's Policies.
Calculation includes Bonus and Final Additional Bonus as per present Rates.
(2) * Available Total Noney.
(3) we are showing annual returns. in case of payment in arrears, half yearly installmant starts 6 months after maturity and yearly installment
starts 1 year after maturity. in case of payment in advance, yearly and half yearly installments starts immediately from maturity date.
(+) Please refer circular no: Actl f 2015 f + for details about settlement options.
(*) Premium is inclusive of service tax @3.09 on first year and @1.5+5 for subsequent year.
!"# %&' ()*+' ,--./01(0,*2 3,+'/ (2 '44'50,+' 6,'-7 *4 889:;< =,0& 0(> )'2'4,09
!"# %&' ()*+' ,--./01(0,*2 3,+'/ (2 '44'50,+' 6,'-7 *4 8?98?< =,0&*.0 0(> )'2'4,09
Those we hurt the most are often those we love the most
This Presentation is Prepared for Private Circulation only.
!""#$%& !""#$( )$*$+,
!"#$%&"'( *+,-#.%
-%$, ./ 0123 4$%567$ 8/5#%"93 .:"7; .$<$73 4&5#7& 4;+"=>2212?
@/A&%"=BCD0E>11D2FBBCGDB?>EC3 H5$&%=IJKGEG0L<5$&%MN/5
Date: 25/12/2013 Age: 35 Name: Mr Chetan Shankar Patil
Following table shows benefits available to Child/Nominee in case of unfortunate death of Proposer after
5 years from date of commencement of policy. In case of unfortunate death of Propser survivor get sum
assured immediately and Premium is waived. Maturity is paid at the end of Term.
Benefits PayabIe in case of Pre-Matured Death
Returns
From LIC
Net
Premium
Tax
Saved
AnnuaI
Premium
AccidentaI
RiskCover
NormaI
RiskCover
Age Year Life Assured
35 200000 400000 14112 1411 12701 0 2013
36 200000 400000 13908 1390 12518 0 2014
37 200000 400000 13908 1390 12518 0 2015
38 200000 400000 13908 1390 12518 0 2016
39 200000 400000 13908 1390 12518 0 2017
40 0 0 0 0 0 200000 2018
41 0 0 0 0 0 20000 2019
42 0 0 0 0 0 20000 2020
43 0 0 0 0 0 20000 2021
44 0 0 0 0 0 20000 2022
45 0 0 0 0 0 20000 2023
46 0 0 0 0 0 20000 2024
47 0 0 0 0 0 207067 2025
48 0 0 0 0 0 10000 2026
49 0 0 0 0 0 10000 2027
50 0 0 0 0 0 10000 2028
51 0 0 0 0 0 10000 2029
52 0 0 0 0 0 10000 2030
53 0 0 0 0 0 10000 2031
54 0 0 0 0 0 312020 2032
TotaI 69744 6971 62773 899088
Breakup of Returns
Sum Assured & Survival's 200000
Loyalty Addition 309087
39.29%
Sum
Assured
60.71%
LA
The greatest failure is the failure to try
This Presentation is Prepared for Private Circulation only.
!""#$%& !""#$( )$*$+,
!"#$%&"'( *+,-#.%
-%$, ./ 0123 4$%567$ 8/5#%"93 .:"7; .$<$73 4&5#7& 4;+"=>2212?
@/A&%"=BCD0E>11D2FBBCGDB?>EC3 H5$&%=IJKGEG0L<5$&%MN/5
Date: 25/12/2013 Age: 35 Name: Mr Chetan Shankar Patil
People are lonely they build walls instead of bridges
This Presentation is Prepared for Private Circulation only.
!""#$%& !""#$( )$*$+,
!"#$%&"'( *+,-#.%
-%$, ./ 0123 4$%567$ 8/5#%"93 .:"7; .$<$73 4&5#7& 4;+"=>2212?
@/A&%"=BCD0E>11D2FBBCGDB?>EC3 H5$&%=IJKGEG0L<5$&%MN/5
Date: 25/12/2013 Age: 35 Name: Mr Chetan Shankar Patil
Breakeven AnaIysis
Return Reinvestment Rate: 8.00 !nterest On Loan: 10.00
Payment
Thru Own
Funds
Loan
Taken
Loan
Required
Interest
Earned
Net
Returns
TotaI
LiabIity
Int on
Prev
Loan
AnnuaI
Premium
Year Loan
Repayed
TotaI
Amount
in Hand
14112 0 14112 0 0 14112 0 14112 2013 0 0
13908 0 13908 0 0 13908 0 13908 2014 0 0
13908 0 13908 0 0 13908 0 13908 2015 0 0
13908 0 13908 0 0 13908 0 13908 2016 0 0
13908 0 13908 0 0 13908 0 13908 2017 0 0
13908 0 13908 0 0 13908 0 13908 2018 0 0
13908 0 13908 0 0 13908 0 13908 2019 0 0
13908 0 13908 0 0 13908 0 13908 2020 0 0
13908 0 13908 0 0 13908 0 13908 2021 0 0
13908 0 13908 0 0 13908 0 13908 2022 0 0
13908 0 13908 0 0 13908 0 13908 2023 0 0
13908 0 13908 0 0 13908 0 13908 2024 0 0
5604 0 5604 197067 0 0 0 0 2025 0 191463
5604 0 5604 0 15317 0 0 0 2026 0 201176
5604 0 5604 0 16094 0 0 0 2027 0 211667
5604 0 5604 0 16933 0 0 0 2028 0 222996
5604 0 5604 0 17840 0 0 0 2029 0 235231
5604 0 5604 0 18819 0 0 0 2030 0 248446
5604 0 5604 0 19876 0 0 0 2031 0 262718
0 0 0 312020 21017 0 0 0 2032 0 595755
TotaI 206328 0 206328 509088 125896 167100 0 167100
Note: !n above breakeven analysis, survival benefits and maturity amounts are used for payment of premium or loan. !f
loan is not outstanding then survival benefits and maturity is invested in market @8.00.
Summary
Return from LC in year 2032
Outstanding Loan
Last Year nterest
Net Returns
: 312020
: 0
: 0
: 595755
Net Premiums Paid : 167100
Total SB's with interest earned : 283735
Life is the first gift, love is the second, and understanding the third
This Presentation is Prepared for Private Circulation only.