Professional Documents
Culture Documents
Mr. H Damodar
for Annual Income of Rs. 30000/from age 43 to 63
Presented by
P. VENU GOPALA RAO
Sample Report For Demonstration Purpose Only
205-206, C-Wing, Crystal Plaza,New Link Road,
Andheri(W), Mumbai - 400 053.
Tel: 4060 1000 Fax:4060 1226.
e-mail. support@datacompwebtech.com
Presented by
P. VENU GOPALA RAO
Sample Report For Demonstration Purpose Only
205-206, C-Wing, Crystal Plaza,New Link Road,
Andheri(W), Mumbai - 400 053.
Tel: 4060 1000 Fax:4060 1226.
e-mail. support@datacompwebtech.com
Mr. H Damodar
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.
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-2011. 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 8.67 % (calculated as per IRR method).
: 250256
Quotation Date
: 17/03/2012
Proposers Name
: Mr. H Damodar
Proposers Age
: 24
Sum Proposed
: 1050000
Yearly Premium
: 37887
: 100000
(nearer birthday)
: 30.90 %
Yearly
Premium
Tax
Saved
Net
Premium
Loan
Available
1699800
37887
11706
26181
1749600
37887
11706
26181
1199400
1799400
37887
11706
26181
15250
27
1249200
1849200
37887
11706
26181
55000
28
1299000
1899000
37887
11706
26181
76000
2017
29
1348800
1948800
37887
11706
26181
98750
2018
30
1398600
1998600
37887
11706
26181
122500
2019
31
1448400
2048400
37887
11706
26181
149750
2020
32
1498200
2098200
37887
11706
26181
180000
2021
33
1548000
2148000
37887
11706
26181
213250
2022
34
1597800
2197800
37887
11706
26181
250500
2023
35
1647600
2247600
37887
11706
26181
290500
2024
36
1697400
2297400
37887
11706
26181
335000
2025
37
1747200
2347200
37887
11706
26181
385250
2026
38
1797000
2397000
37887
11706
26181
440000
2027
39
1846800
2446800
37887
11706
26181
503500
2028
40
1907100
2507100
37887
11706
26181
573000
2029
41
1962150
2562150
37887
11706
26181
651250
2030
42
2017200
2617200
37887
11706
26181
739500
719853
222414
497439
Year
Age
Normal
Accident
2012
24
1099800
2013
25
1149600
2014
26
2015
2016
* The above projection is based on assumptions enumerated on the page titled "Benefits during the Retirement Period".
: 250256
Quotation Date
: 17/03/2012
Proposers Name
: Mr. H Damodar
Proposers Age
: 24
Sum Proposed
: 1050000
Yearly Premium
: 37887
: 100000
(nearer birthday)
: 30.90 %
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
43
1979000
2529000
35193
10874
24319
30000
90900
24319
66581
756750
2032
44
1936100
2436100
32647
10087
22560
30000
93250
22560
70690
770250
2033
45
1895400
2345400
30224
9338
20886
30000
101900
20886
81014
777750
2034
46
1873400
2273400
27915
8625
19290
30000
105300
19290
86010
780750
2035
47
1841600
2191600
25711
7944
17767
30000
110200
17767
92433
781250
2036
48
1837500
2137500
23601
7292
16309
30000
115100
16309
98791
776750
2037
49
1818600
2068600
21579
6667
14912
30000
122500
14912
107588
769000
2038
50
1784900
1984900
19634
6066
13568
30000
129900
13568
116332
756750
2039
51
1736400
1886400
17764
5488
12276
30000
137300
12276
125024
740250
2040
52
1673100
1773100
15962
4931
11031
30000
144700
11031
133669
718000
2041
53
1595000
1645000
14223
4394
9829
30000
152100
9829
142271
689500
2042
54
1524600
1524600
12542
3875
8667
30000
159500
8667
150833
656000
2043
55
1434400
1434400
10992
3396
7596
30000
169400
7596
161804
616250
2044
56
1324400
1324400
9489
2932
6557
30000
179300
6557
172743
570000
2045
57
1194600
1194600
8029
2481
5548
30000
189200
5548
183652
517250
2046
58
1045000
1045000
6608
2042
4566
30000
199100
4566
194534
457000
2047
59
875600
875600
5223
1614
3609
30000
209000
3609
205391
388250
2048
60
686400
686400
3872
1197
2675
30000
218900
2675
216225
309250
2049
61
477400
477400
2553
789
1764
30000
228800
1764
227036
219000
2050
62
248600
248600
1263
390
873
30000
238700
873
237827
116500
2051
63
30000
248600
248600
3343650
224602
3119048
325024
u Magic-Plan Retire & Enjoy is a combination of LIC plans specially researched to meet the objective of securing a financially
ended 31-Mar-2011 . Actual results may deviate depending on the future bonuses declared by LIC.
: 250256
Quotation Date
: 17/03/2012
Proposers Name
: Mr. H Damodar
Proposers DOB
: 12/08/1988
Sum Proposed
: 1050000
Yearly Premium
: 37887
: 100000
Age : 24 (ANB)
: 30.90 %
Agent's Copy
PREMIUM
Sr.
No.
Plan/Tm/PPT
Sum
DAB
Sum
Interim
Bonus
Rate
* Bonus
Rate
#Assu
Step
Rate
FAB
SSS
Mly.
Qly.
Hly.
Yly.
91/19/19
50000
50000
42
42
0.00
20
231
243
694
1368
2694
91/20/20
50000
50000
42
42
0.00
25
219
230
656
1293
2546
91/21/21
50000
50000
48
48
0.00
30
208
219
624
1230
2423
91/22/22
50000
50000
48
48
0.00
50
198
208
595
1172
2309
91/23/23
50000
50000
48
48
0.00
100
189
199
568
1119
2204
91/24/24
50000
50000
48
48
0.00
150
181
190
544
1071
2110
91/25/25
50000
50000
48
48
0.00
250
174
182
521
1027
2022
91/26/26
50000
50000
48
48
0.00
350
167
175
501
987
1945
91/27/27
50000
50000
48
48
0.00
450
161
169
482
949
1870
10
91/28/28
50000
50000
48
48
0.00
550
155
163
464
915
1802
11
91/29/29
50000
50000
48
48
0.00
650
149
157
448
883
1739
12
91/30/30
50000
50000
48
48
0.00
750
144
152
433
853
1681
13
14/31/31
50000
48
48
0.00
900
133
140
399
787
1550
14
14/32/32
50000
48
48
0.00
1050
129
136
387
763
1503
15
14/33/33
50000
48
48
0.00
1200
125
132
376
741
1460
16
14/34/34
50000
48
48
0.00
1350
122
128
366
722
1421
17
14/35/35
50000
48
48
0.00
1500
119
125
357
703
1385
18
14/36/36
50000
48
48
0.00
1650
116
122
348
686
1351
19
14/37/37
50000
48
48
0.00
1800
113
119
340
670
1319
20
14/38/38
50000
48
48
0.00
1950
111
116
332
655
1290
21
14/39/39
50000
48
48
0.00
2100
109
114
326
641
1263
1050000
600000
3253
3419
9761
19235
37887
Note :
Additional accidental benefit of Rs.450000 can be granted under policies of Plan no. 14 with a premium of Rs. 450 per
annum.
1. '*' : - Assuming LIC will declare the above mentioned bonus rates for the year ended 31-Mar-2012.
2. '#' : - Assuming that bonus rate declared by LIC will increase/decrease per year by step rate mentioned above.