Insurance Proposal for

Mr. Sanjay
for Annual Income of Rs. 10000/-

from age 51 to 75

Presented by
JANDHYALA SATYANARAYANA
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
JANDHYALA SATYANARAYANA
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

Overview of Insurance & Retirement Plan for

Mr. Sanjay

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.70065/- p.a. from your own
funds till your age of 50 years. This proposal provides
for a high riskcover of Rs.2617500/- starting at age 27
and growing to Rs.5895000/- at age 51.

In the year 2036 when you will be 51 years of age, you

will start receiving annual tax free income every year
till 75 years of your age. Income starts at Rs. 190392
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 50.

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-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 8.72 % (calculated as per IRR method).
 JANDHYALA SATYANARAYANA
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

MagicPlan - Retire And Enjoy - II

Quotation Ref.No. : 2 Quotation Date : 11/04/2012

Proposer’s Name : Mr. Sanjay Proposer’s Age : 27 (nearer birthday)

Sum Proposed : 2500000 Yearly Premium : 70065

Sec.80 CCE Invt. Lmt. : 100000 Sec.80 CCE Tax Rebate : 30.90 %

Benefits During Deferment Period

Risk Cover Yearly Tax Net Loan

Year Age Premium Saved Premium Available
Normal Accident
2012 27 2617500 3117500 70065 21650 48415 0
2013 28 2735000 3235000 70065 21650 48415 0
2014 29 2852500 3352500 70065 21650 48415 22750
2015 30 2970000 3470000 70065 21650 48415 67500
2016 31 3087500 3587500 70065 21650 48415 96750
2017 32 3205000 3705000 70065 21650 48415 130250
2018 33 3322500 3822500 70065 21650 48415 167750
2019 34 3440000 3940000 70065 21650 48415 211000
2020 35 3557500 4057500 70065 21650 48415 258750
2021 36 3675000 4175000 70065 21650 48415 312750
2022 37 3792500 4292500 70065 21650 48415 373000
2023 38 3910000 4410000 70065 21650 48415 440000
2024 39 4027500 4527500 70065 21650 48415 515250
2025 40 4145000 4645000 70065 21650 48415 599750
2026 41 4287500 4787500 70065 21650 48415 692750
2027 42 4417500 4917500 70065 21650 48415 795750
2028 43 4547500 5047500 70065 21650 48415 909500
2029 44 4677500 5177500 70065 21650 48415 1032000
2030 45 4807500 5307500 70065 21650 48415 1169750
2031 46 4950000 5450000 70065 21650 48415 1320750
2032 47 5092500 5592500 70065 21650 48415 1487500
2033 48 5285000 5785000 70065 21650 48415 1672500
2034 49 5577500 6077500 70065 21650 48415 1879250
2035 50 5895000 6395000 70065 21650 48415 2108500

1681560 519600 1161960

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

MagicPlan - Retire And Enjoy - II

Quotation Ref.No. : 2 Quotation Date : 11/04/2012

Proposer’s Name : Mr. Sanjay Proposer’s Age : 27 (nearer birthday)

Sum Proposed : 2500000 Yearly Premium : 70065

Sec.80 CCE Invt. Lmt. : 100000 Sec.80 CCE Tax Rebate : 30.90 %

Benefits during the Retirement Period

Returns From LIC

Risk Cover Yearly Tax Net Desired Amount Used for Net Loan
Year Age Normal Accident Premium Saved Premium Income Received Prem. Pymt. Receivable Available

2036 51 6112000 6612000 65713 20305 45408 10000 235800 45408 190392 2172250
2037 52 6299600 6799600 61560 19022 42538 10000 250500 42538 207962 2232250
2038 53 6479800 6979800 57605 17800 39805 10000 265200 39805 225395 2288500
2039 54 6628600 7128600 53835 16635 37200 10000 280900 37200 243700 2341500
2040 55 6746000 7246000 50234 15522 34712 10000 296600 34712 261888 2390500
2041 56 6889000 7389000 46789 14457 32332 10000 312300 32332 279968 2433750
2042 57 7102600 7602600 43489 13437 30052 10000 331000 30052 300948 2472250
2043 58 7266800 7766800 40325 12459 27866 10000 355700 27866 327834 2504000
2044 59 7461600 7961600 37287 11520 25767 10000 380400 25767 354633 2530500
2045 60 7447000 7947000 34370 10619 23751 10000 410100 23751 386349 2549000
2046 61 7393000 7893000 31560 9751 21809 10000 429800 21809 407991 2560750
2047 62 7364600 7864600 28852 8914 19938 10000 449500 19938 429562 2563000
2048 63 7286800 7786800 26241 8107 18134 10000 474200 18134 456066 2558500
2049 64 7214600 7714600 23722 7329 16393 10000 498900 16393 482507 2543000
2050 65 7083000 7583000 21285 6576 14709 10000 528600 14709 513891 2513500
2051 66 6892000 7392000 18926 5847 13079 10000 558300 13079 545221 2476500
2052 67 6441600 6941600 16640 5141 11499 10000 588000 11499 576501 2422500
2053 68 5981800 6481800 14427 4457 9970 10000 592700 9970 582730 2360750
2054 69 5512600 6012600 12277 3793 8484 10000 597400 8484 588916 2284500
2055 70 5034000 5034000 10185 3147 7038 10000 602100 7038 595062 2187000
2056 71 4546000 4546000 8051 2488 5563 10000 606800 5563 601237 2076000
2057 72 4048600 4048600 5970 1845 4125 10000 611500 4125 607375 1937000
2058 73 3541800 3541800 3938 1217 2721 10000 616200 2721 613479 1777250
2059 74 3025600 3025600 1950 603 1347 10000 620900 1347 619553 1583500
2060 75 2500000 2500000 0 0 0 10000 625600 0 625600 1356250

715231 11519000 494240 11024760

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 Riskcover of Rs. 2500000.00 will continue till life time.

u The effective yield in the above proposal works out to 8.72 % (calculated as per IRR method).
u IRR does not consider the death benefit after age 75.
 JANDHYALA SATYANARAYANA
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

MagicPlan - Retire And Enjoy - II

Quotation Ref.No. :2 Quotation Date : 11/04/2012

Proposer’s Name : Mr. Sanjay Proposer’s Age : 27 (ANB)

Sum Proposed : 2500000

Benefits After Retirement Age

Risk Cover
Year Age Normal Accident Cash Value Loan Available

2061 76 2500000 2500000 1545500 1393750

2062 77 2500000 2500000 1581000 1425000
2063 78 2500000 2500000 1615500 1456250
2064 79 2500000 2500000 1649500 1487500
2065 80 2500000 2500000 1682500 1512500
2066 81 2500000 2500000 1714500 1543750
2067 82 2500000 2500000 1745750 1568750
2068 83 2500000 2500000 1776000 1600000
2069 84 2500000 2500000 1805250 1625000
2070 85 2500000 2500000 1833750 1650000
2071 86 2500000 2500000 1861000 1675000
2072 87 2500000 2500000 1887500 1700000
2073 88 2500000 2500000 1913000 1718750
2074 89 2500000 2500000 1938500 1743750
2075 90 2500000 2500000 1963000 1768750
2076 91 2500000 2500000 1988000 1787500
2077 92 2500000 2500000 2012750 1812500
2078 93 2500000 2500000 2038250 1837500
2079 94 2500000 2500000 2070750 1862500
2080 95 2500000 2500000 2099250 1887500
2081 96 2500000 2500000 2153250 1937500
2082 97 2500000 2500000 2206000 1987500
2083 98 2500000 2500000 2327500 2093750
2084 99 2500000 2500000 2413750 2175000
2085 100 2500000 2500000 0 0
 JANDHYALA SATYANARAYANA
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

MagicPlan - Retire And Enjoy - II

Quotation Ref.No. : 2 Quotation Date : 11/04/2012

Proposer’s Name : Mr. Sanjay Proposer’s DOB : 08/08/1985 Age : 27 (ANB)

Sum Proposed : 2500000 Yearly Premium : 70065

Sec.80 CCE Invt. Lmt. : 100000 Sec.80 CCE Tax Rebate : 30.90 %

Agent's Copy

Sr. DAB Interim * Bonus #Assu PREMIUM

No. Plan/Tm/PPT Sum Sum Bonus Rate Step FAB SSS Mly. Qly. Hly. Yly.
Rate Rate

1 149/24/24 100000 0 47 47 0.00 230 374 393 1122 2210 4352

2 149/25/25 100000 0 47 47 0.00 330 357 375 1071 2110 4153
3 149/26/26 100000 0 47 47 0.00 430 340 357 1020 2009 3955
4 149/27/27 100000 0 47 47 0.00 540 324 341 972 1915 3770
5 149/28/28 100000 0 47 47 0.00 650 310 325 929 1829 3601
6 149/29/29 100000 0 47 47 0.00 760 296 311 889 1750 3445
7 149/30/30 100000 0 47 47 0.00 900 284 298 851 1676 3300
8 149/31/31 100000 0 47 47 0.00 1100 272 286 816 1607 3164
9 149/32/32 100000 0 47 47 0.00 1300 261 275 784 1543 3038
10 149/33/33 100000 0 47 47 0.00 1550 251 264 752 1482 2917
11 149/34/34 100000 0 47 47 0.00 1700 242 254 725 1427 2810
12 149/35/35 100000 0 47 47 0.00 1850 233 245 699 1376 2708
13 149/36/36 100000 0 47 47 0.00 2050 225 236 674 1327 2611
14 149/37/37 100000 0 47 47 0.00 2250 217 228 650 1280 2519
15 149/38/38 100000 0 47 47 0.00 2500 210 220 629 1238 2437
16 149/39/39 100000 0 47 47 0.00 2750 203 213 609 1198 2359
17 149/40/40 100000 0 47 47 0.00 3000 197 207 590 1162 2286
18 149/41/41 100000 0 47 47 0.00 3000 190 200 571 1125 2213
19 149/42/42 100000 0 47 47 0.00 3000 185 195 555 1093 2150
20 149/43/43 100000 0 47 47 0.00 3000 180 189 540 1063 2092
21 149/44/44 100000 100000 47 47 0.00 3000 183 192 550 1083 2134
22 149/45/45 100000 100000 47 47 0.00 3000 179 188 536 1056 2081
23 149/46/46 100000 100000 47 47 0.00 3000 175 183 524 1032 2032
24 149/47/47 100000 100000 47 47 0.00 3000 171 179 512 1010 1988
25 149/48/48 100000 100000 47 47 0.00 3000 167 176 502 990 1950

2500000 500000 6026 6330 18072 35591 70065

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.