Mr Majed
JAMALUDHEEN.
Insurance & Investment Consultant
Jamal Shop,B Block, Shop No. 1, Modi Compound, Ghodupdev Road No.1, Reay Road (w), MumbaiMobile No. : 9869672338 / Tel- 23749692, Email- jamal1628@gmail.com
This Presentation is Prepared for Private Circulation only.
JAMALUDHEEN. V
Insurance & Investment Consultant
Jamal Shop,B Block, Shop No. 1, Modi Compound, Ghodupdev Road No.1, Reay Road (w), MumbaiMobile No. : 9869672338 / Tel- 23749692, Email- jamal1628@gmail.com
Name: Mr Majed
Age: 30
Date: 12/08/2013
Plan 165: Jeevan Saral
Jeevan saral is a unique plan having good features of the conventional plans and the fexibility of a unit-linked plans. To the policy holder it provides :* * * * higher cover a smooth return liquidity a lot of flexibility
Under this product death cover will be same irrespective of age at entry and term but the sum payable at maturity will differ for different entry ages and terms. This plan is more approprite for employees particularly seeking life cover through a salary savings scheme. Persons who want short term insurance but are not willing to pay more premiums. Students going abroad for further studies.
Features
1. Maturity Benefit: 1) Maturity Sum Assured Plus 2) Loyalty addition Death Benefit: 1) 250 times the monthly premium plus 2) Return of premiums excluding first year and extra premiums plus 3) Loyalty addition Only term assurance plan allowed to minors. Extended risk cover of 1year (similar to table no 91) if 3 full years premiums are paid. Double Accident Benefit :- On death due to accident extra sum assured would be payable. Permanent Disablity Benefit :- In case of disablity due to accident following would be payable. * Future premiums are waived. * Annuity for next 10 years = SA / 120. payable monthly. * Insurance cover continues and maturity would be payable after completion of term . Term Rider Benefit is available for extra risk cover on natural death. This benefit is available at extra cost. Backdating of policy is allowed. Policy Loan is available. Policy can be surrendered after a period of 3 years. The policy holder can choose a maximum term but can surrender at any time. Partial surrender allowed after 3 years Attractive exit options.
2.
3. 4. 5. 6.
7. 8. 9. 10. 11. 12. 13.
This Presentation is Prepared for Private Circulation only. You can't sip soup with a knife
JAMALUDHEEN. V
Insurance & Investment Consultant
Jamal Shop,B Block, Shop No. 1, Modi Compound, Ghodupdev Road No.1, Reay Road (w), MumbaiMobile No. : 9869672338 / Tel- 23749692, Email- jamal1628@gmail.com
Name: Mr Majed
Age: 30
Date: 12/08/2013
Presentation Details
Plan Plan Name Term / PPT Sum Assured Bonus Mode *Premium Total Prem's Paid Maturity Year Maturity Amount
165
Jeevan Saral
Total :
21/21
250000
250000
Yly
12010
12010
252210
252210
2034
691566
Note: The above Statements are based on certain assumptions, which are liable to change according to Government / Corporation's Policies. * Rider Premiums are included in Premium. * NI is number of installments.
Rider Details
Plan Term PPT Rider Name Rider Sum Rider Term Rider Premium Total Prem's Paid
165
21
Total :
21
Double Accident Benefit
250000
21
250
250
5250
5250
Agents Copy
Sr. DOC No. Pn / Tm / PPT Sum Assured Mode Yearly Half Yearly Quaterly Monthly SSS/ECS Single Per Day No of Inst.
1 12/08/2013 165/21/21 250000
12010
12010
6065
6065
3063
3063
1021
1021
1021
1021
32.90
33
Note: 165/21/21 Monthly Basic Premium: 1000
This Presentation is Prepared for Private Circulation only. When your work speaks for itself, don't interrupt
JAMALUDHEEN. V
Insurance & Investment Consultant
Jamal Shop,B Block, Shop No. 1, Modi Compound, Ghodupdev Road No.1, Reay Road (w), MumbaiMobile No. : 9869672338 / Tel- 23749692, Email- jamal1628@gmail.com
Name: Mr Majed
Age: 30
Date: 12/08/2013
Nobody Plans to Fail They Just Fail to Plan
Tax Slab: 20%
Year Age Normal Lifecover Accident Lifecover
Investment CASH FLOW
Annual Premium Tax Saved Net Premium Returns from LIC Net Returns Surrender Value Total Loan Available
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034
Total
Note: (1) (2) (3) (4)
30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51
250000 261760 273520 285280 297040 308800 320560 332320 344080 355840 435402 463155 493149 525561 560587 598435 639330 683517 731260 782841 838569 0
500000 511760 523520 535280 547040 558800 570560 582320 594080 605840 685402 713155 743149 775561 810587 848435 889330 933517 981260 1032841 1088569 0
12010 12010 12010 12010 12010 12010 12010 12010 12010 12010 12010 12010 12010 12010 12010 12010 12010 12010 12010 12010 12010 0
252210
2402 2402 2402 2402 2402 2402 2402 2402 2402 2402 2402 2402 2402 2402 2402 2402 2402 2402 2402 2402 2402 0
50442
9608 9608 9608 9608 9608 9608 9608 9608 9608 9608 9608 9608 9608 9608 9608 9608 9608 9608 9608 9608 9608 0
201768
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 691566
691566
-9608 -9608 -9608 -9608 -9608 -9608 -9608 -9608 -9608 -9608 -9608 -9608 -9608 -9608 -9608 -9608 -9608 -9608 -9608 -9608 -9608 691566
489798
0 0 20488 32796 47260 58790 70810 83340 96470 110530 191881 222511 256545 294137 335909 377284 421733 469645 521048 576411 635764 0
0 0 18439 29516 42534 52911 63729 75006 86823 99477 172693 200260 230890 264724 302318 339555 379559 422680 468943 518770 572187 0
The above Statements are based on certain assumptions, which are liable to change according to Government / Corporation's Policies. Calculation includes Bonus and Final Additional Bonus as per present Rates. * Available Total Money. 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 Please refer circular no: Actl / 2015 / 4 for details about settlement options.
maturity date.
(*) The above illustration gives an effective yield of 10.38% with tax benefit. (*) The above illustration gives an effective yield of 8.61% without tax benefit.
(*) In Jeevan Saral (plan 165), Partial surrender allowed after 3 years. Please see description for details. (*) In Plan 165, Loyalty Addition Is Also Given On Maturity depending upon experience of LIC.
This Presentation is Prepared for Private Circulation only. Those we hurt the most are often those we love the most
JAMALUDHEEN. V
Insurance & Investment Consultant
Jamal Shop,B Block, Shop No. 1, Modi Compound, Ghodupdev Road No.1, Reay Road (w), MumbaiMobile No. : 9869672338 / Tel- 23749692, Email- jamal1628@gmail.com
Name: Mr Majed
Age: 30
Date: 12/08/2013
Breakup of Returns
GA
Guranted Addition Loyalty Addition 289750 401816
41.90% 58.10%
LA
This Presentation is Prepared for Private Circulation only. The greatest failure is the failure to try
