Bima Shree (Plan No.
- 948)
Illustration specially prepared for
Mr. Debajyoti Samal
(age 44 years)
Benefits Illustration Summary
Sum Assured Rs. 25,00,000
Term/PPT 20/16 years
Premium Basic GST Installment
First Year 1,91,632 8,623 2,00,255
Subsequent Year 1,91,632 4,312 1,95,944
√ An exclusive plan designed specially for the needs of High
Net-worth Individuals.
√ Non-linked Limited Payment Moneyback Plan.
Cash Flow Benefits
Guaranteed Additions: Year Guaranteed Bonus Total
· Rs. 50 per 1000 for 1st 5 years
· Rs. 55 per 1000 thereafter till end of Premium Term
√ Loyalty Additions after 5 years. 16 11,25,000 0 11,25,000
√ Risk cover equal to 125% of SA + GA + LA 18 11,25,000 0 11,25,000
√ Option of 14, 16, 18 and 20 years term with premium term of
10, 12, 14 and 16 years respectively. 20 2,50,000 31,12,500 33,62,500
Survival and Maturity benefits:
Term Survival Benefit Maturity Benefit Life Cover In this policy your life cover will
14 yrs. 30% at 10 & 12 yrs. each 40% of SA + GA + LA start at Rs. 32,50,000. By virtue
16 yrs. 35% at 12 & 14 yrs. each 30% of SA + GA + LA
of bonus getting added every
18 yrs. 40% at 14 & 16 yrs. each 20% of SA + GA + LA
year, your risk cover will grow to
Rs. 62,37,500 when your age will
20 yrs. 45% at 16 & 18 yrs. each 10% of SA + GA + LA
be 64.
√ Option to take maturity in lump sum or in 5,10 or 15 inst.
√ Option for Death benefit in lump sum or in 5,10 or 15 inst. Liquidity You have an option to surrender
√ Option to defer payment of Survival benefit with payment of the policy & receive the cash
increased SB due at any time. value after payment of premiums
√ DAB rider available with exclusive limit of 1 crore. for 2 years. Alternately, you can
√ Accidental Disability, Critical Illness, Term Rider & PWB Rider even avail of loan on this policy
also available. once the policy has acquired
√ Tax Benefits u/s 80C and 10(10D) and 80D. cash value. The current
prevailing rate of loan is 9.5 %
p.a.
Tax Saving You will save a tax of Rs. 46,350
Plan Parameters under Sec.80C.
Parameter Min Max
Age 8 55
Term 14 20
Sum Assured 1000000 No Limit
Modes Yly, SSS, Mly, Hly, Qly
Presented by
SAMIRKOTAK AND ASSOCIATES This illustration contains guaranteed and non-guaranteed benefits.The
Chief advisor- LIC of india div-4 912 br purpose of this illustration is solely to help you understand the projected
2nd Floor, Techniplex II, Jn. Veer Savarkar Flyover & S.V. Road, benefits that may be possible in future. The presenter in no manner is
Goregaon(W), Mumbai - 400 062. promising or giving a guarantee about such projected benefits.The actual
benefits will depend upon the future performance of L.I.C. Of India with
respect to this product.
SAMIRKOTAK AND ASSOCIATES
Chief advisor- LIC of india div-4 912 br
2nd Floor, Techniplex II, Jn. Veer Savarkar Flyover & S.V. Road,
Goregaon(W), Mumbai - 400 062.
Bima Shree Plan Presentation for Mr. Debajyoti Samal (age 44 years) Ref. No. 000000000006
Innovative Forecast of Insurance Benefits
Mode of Premium Yearly
Rider
Installment Premium 2,00,255(1,95,944 from 2nd yr onwards) Accident Cover 25,00,000
Date of Report 04/06/2024 Term Rider Not Opted
Term 20 Years Critical Illness Rider Not Opted
For the Year
Risk Cover Cash Loan
Policy Year Age (Natural Death) Premium Tax Saved Net Premium Returns Cash Flow Value Available
1 45 32,50,000 2,00,255 46,350 153,905 0 -2,00,255 0 0
2 46 33,75,000 1,95,944 46,350 149,594 0 -1,95,944 1,33,029 1,19,726
3 47 35,00,000 1,95,944 46,350 149,594 0 -1,95,944 2,62,039 2,35,835
4 48 36,25,000 1,95,944 46,350 149,594 0 -1,95,944 4,66,164 4,19,548
5 49 37,50,000 1,95,944 46,350 149,594 0 -1,95,944 5,85,518 5,26,966
6 50 39,62,500 1,95,944 46,350 149,594 0 -1,95,944 7,08,943 6,38,049
7 51 40,87,500 1,95,944 46,350 149,594 0 -1,95,944 8,28,932 7,46,039
8 52 42,50,000 1,95,944 46,350 149,594 0 -1,95,944 9,88,076 8,89,268
9 53 44,25,000 1,95,944 46,350 149,594 0 -1,95,944 11,58,315 10,42,484
10 54 46,00,000 1,95,944 46,350 149,594 0 -1,95,944 13,40,234 12,06,211
11 55 47,87,500 1,95,944 46,350 149,594 0 -1,95,944 15,34,471 13,81,024
12 56 49,75,000 1,95,944 46,350 149,594 0 -1,95,944 17,41,722 15,67,550
13 57 51,75,000 1,95,944 46,350 149,594 0 -1,95,944 19,63,083 17,66,775
14 58 53,87,500 1,95,944 46,350 149,594 0 -1,95,944 21,99,253 19,79,328
15 59 56,00,000 1,95,944 46,350 149,594 0 -1,95,944 24,51,936 22,06,742
16 60 58,37,500 1,95,944 46,350 149,594 11,25,000 9,29,056 27,22,678 24,50,410
17 61 59,37,500 0 0 0 0 0 17,10,028 15,39,025
18 62 60,37,500 0 0 0 11,25,000 11,25,000 18,29,644 16,46,680
19 63 61,37,500 0 0 0 0 0 11,50,751 10,35,676
20 64 62,37,500 0 0 0 3,05,663 3,05,663 12,57,626 11,31,863
21 65 31,96,468 0 0 0 3,05,663 3,05,663 0 0
22 66 30,23,542 0 0 0 3,05,663 3,05,663 0 0
23 67 28,43,435 0 0 0 3,05,663 3,05,663 0 0
24 68 26,55,848 0 0 0 3,05,663 3,05,663 0 0
25 69 24,60,472 0 0 0 3,05,663 3,05,663 0 0
26 70 22,56,983 0 0 0 3,05,663 3,05,663 0 0
27 71 20,45,043 0 0 0 3,05,663 3,05,663 0 0
28 72 18,24,303 0 0 0 3,05,663 3,05,663 0 0
29 73 15,94,396 0 0 0 3,05,663 3,05,663 0 0
30 74 13,54,942 0 0 0 3,05,663 3,05,663 0 0
31 75 11,05,545 0 0 0 3,05,663 3,05,663 0 0
32 76 8,45,791 0 0 0 3,05,663 3,05,663 0 0
33 77 5,75,251 0 0 0 3,05,663 3,05,663 0 0
34 78 2,93,476 0 0 0 3,05,663 3,05,663 0 0
31,39,415 7,41,600 23,97,815 68,34,945 36,95,530
K e y A s s u mp t i o n s
Personal Data: DOB: 21/12/1979
Income Tax: Sec. 80C Limit Available: 1,50,000 Sec. 80D Limit Available: 15,000
Tax Savings on premiums will be @ 30.90 % u/s 80C and @ 30.90 % u/s 80D
SAMIRKOTAK AND ASSOCIATES
Chief advisor- LIC of india div-4 912 br
2nd Floor, Techniplex II, Jn. Veer Savarkar Flyover & S.V. Road,
Goregaon(W), Mumbai - 400 062.
Bima Shree Plan Presentation for Mr. Debajyoti Samal (age 44 years) Ref. No. 000000000006
Projections: The above illustration contains guaranteed and non-guaranteed benefits.
For non-guaranteed benefits it is assumed that the Projected Investment Rate of Return that LIC will be able to earn throughout the term of
the policy will be 8% p.a. The Projected Investment Rate of Return is not guaranteed.
Age and Returns shown are at the end of the specific year.
