Specially Designed For

Miss Prakriti Kohli

Jeevan Umang
Introduction
Life is unpredictable. To help you take control of your life, you need insurance.
Which brings us to the most common dilemma you face what to choose.
That’s why there is Life Insurance Corporation. The biggest life insurance
company in India, with a network of over 13 lakh agents and 2048 branches
all over India. With the highest claim settlement record in the world and a
customer base of over 30 crore policy holders, LIC brings with it a world of
experience. LIC Offers you customized insurance products that suit your
specific needs, and helps you plan for a secure future.

Spysoft Solutions Pvt Ltd

Office No. H/111-113, Poonam Shrushti, Phone +91 22 2812 3000 No 1
Latiff Park, Opp S K Stone, Mira Email support@spysoft.com Date 23-01-2020
Bhayandar Road, Mira Road (E), Thane,
Maharashtra - 401105
Bimamitra Bimamitra Jeevan Umang
Bimamitra Bimamitra Unique Identification No. 512N312V01

T
his Plan is a whole life plan which provides continuous income after the chosen period
(Accumulation Period). The accumulation period can be chosen from 15, 20, 25 and 30
Bimamitra Bimamitra years. One year after accumulation period, 8% of the sum assured will be paid every year
Table No. till the life assured survives or till policy anniversary prior to the maturity, whichever is earlier.

845
Bimamitra Bimamitra This plan will be useful for people who are looking at a regular income (Pension) after certain
age.

Bimamitra Bimamitra
Released on

May 16, 2017

Bimamitra Bimamitra Non Linked, with Profits, Whole Life Plan with Survival Benefits

Bimamitra Bimamitra
Survival 8% of the Sum assured will be paid every year after accumulation period till the life assured survives
Bimamitra Bimamitra or till policy anniversary prior to the maturity, whichever is earlier.
Benefits

Bimamitra Bimamitra
On death before commencement of risk:
An amount equal to the total amount of premiums paid without interest shall be payable.
Death
Bimamitra Bimamitra On death after commencement of risk:
Benefits Sum Assured on Death and Vested Bonus alongwith Final Additional Bonus, if any, shall be payable.

Bimamitra Bimamitra Where Sum Assured on Death is defined as the highest of 10 times of annualised premium or
Sum Assured on Maturity or Basic Sum Assured.

Death benefit shall not be less than 105% of all the premiums paid as on date of death.
Bimamitra Bimamitra

Maturity
Bimamitra Bimamitra Sum Assured on Maturity along with Vested Bonus and Final Additional Bonus, if any, shall be
payable. Sum Assured on Maturity is equal to Basic Sum Assured.
Benefits
Bimamitra Bimamitra
Min. age at entry 90 days (completed) *
Bimamitra Bimamitra
Criteria Max. age at entry 55 yrs (NBD) for PPT = 15, 50 yrs (NBD) for PPT = 20,
45 yrs (NBD) for PPT = 25, 40 yrs (NBD) for PPT = 30

Bimamitra Bimamitra
Premium Paying Term 15, 20, 25 & 30 Yrs

Min Age at the end of PPT 30 years (NBD)

Bimamitra Bimamitra
Max Age at the end of PPT 70 years (NBD)

Age at Maturity 100 years (NBD)

Bimamitra Bimamitra
Policy Term 100 minus age at entry

Min. Sum Assured Rs. 2,00,000/- & there after in multiples of Rs. 25,000/-
Bimamitra Bimamitra
Modes allowed Yly, Hly, Qly, SSS, Mly(ECS)

Bimamitra Bimamitra * Age at entry for the L.A. Is to be taken as nbd except for the min. Age at entry i.e. 90 days
Bimamitra
HighBimamitra
2 Lac - 4,75,000 Nil
B.S.A.
5 Lac - 9,75,000 Rs. 1.25 per 1000 B.S.A.
Rebate
Bimamitra Bimamitra 10 Lac - 24,75,000 Rs. 1.75 per 1000 B.S.A.

25 Lac & Above Rs. 2.00 per 1000 B.S.A.

Bimamitra Bimamitra

Bimamitra Bimamitra
Yly 2%
ModeBimamitra
Bimamitra Hly 1%
Rebate
Qly / SSS Nil
Bimamitra Bimamitra

Bimamitra Bimamitra
This plan provides for following rider on payment of additional premiums.
Rider
Bimamitra Bimamitra 1. Accident Benefit Rider
Options 2. Accident & Disability Benefit Rider
3. New Term Rider
4. New Critical Illness Rider
Bimamitra Bimamitra
Policyholder can opt for only one rider out of Accident Benefit Rider and
Accident & Disability Benefit Rider

Bimamitra Bimamitra

Bimamitra Bimamitra
If, after at least three full years premium have been paid and any subsequent premiums be not
Paid-Up duly paid the policy shall not be wholly void, but shall subsist as a paid-up policy. B.S.A. Shall
Value be reduced to such a sum called paid-up S.A.
Bimamitra Bimamitra

Bimamitra Bimamitra
Guaranteed Surrender Value (GSV) shall be a % of total premiums paid (net of taxes) excluding
any extra premiums and premiums for riders, if opted for. This % will depend on the policy term
GSV &
Bimamitra Bimamitra and policy year in which the policy is surrendered.
SSV The Special Surrender Value (SSV) will be the discounted value of the sum of Paid-up S.A. & the
Vested Simple Reversionary Bonuses. This is paid only if it is higher than GSV.
Bimamitra Bimamitra

Bimamitra Bimamitra

Bimamitra Bimamitra

Bimamitra Bimamitra

Bimamitra Bimamitra

Bimamitra Bimamitra
 Jeevan Umang

Miss Prakriti Kohli

Age 25 No : 1

Plan Details
S.No Doc Plan Plan Name Term PPT Mode Sum Dab Rider Premium G.S.T. Bonus Maturity
Assured

1 23-01-2020 845 Jeevan Umang 75 15 Yly 4,00,000 0 31,478 1,417 67 30,26,000

Total 4,00,000 0 31,478 1,417 30,26,000

Annual Premium, Risk Cover Details

Date Age Risk Cover Annual Tax Net Returns Surrender Loan
Premium Saved Premium
Normal Accidental
23-01-2020 25 4,26,800 4,26,800 32,895 0 32,895 0 0 0
23-01-2021 26 4,53,600 4,53,600 32,186 0 32,186 0 0 0
23-01-2022 27 4,80,400 4,80,400 32,186 0 32,186 0 29,816 26,834
23-01-2023 28 5,07,200 5,07,200 32,186 0 32,186 0 85,932 67,648
23-01-2024 29 5,34,000 5,34,000 32,186 0 32,186 0 1,15,809 93,779
23-01-2025 30 5,60,800 5,60,800 32,186 0 32,186 0 1,49,846 1,23,594
23-01-2026 31 5,87,600 5,87,600 32,186 0 32,186 0 1,85,562 1,55,047
23-01-2027 32 6,14,400 6,14,400 32,186 0 32,186 0 2,25,800 1,90,488
23-01-2028 33 6,41,200 6,41,200 32,186 0 32,186 0 2,71,493 2,30,735
23-01-2029 34 6,68,000 6,68,000 32,186 0 32,186 0 3,23,527 2,76,579
23-01-2030 35 6,94,800 6,94,800 32,186 0 32,186 0 3,83,169 3,29,137
23-01-2031 36 7,21,600 7,21,600 32,186 0 32,186 0 4,55,215 3,92,581
23-01-2032 37 7,48,400 7,48,400 32,186 0 32,186 0 5,25,262 4,54,508
23-01-2033 38 7,75,200 7,75,200 32,186 0 32,186 0 5,90,293 5,12,243
23-01-2034 39 8,10,000 8,10,000 32,186 0 32,186 0 6,62,211 5,76,075
23-01-2035 40 8,25,400 8,25,400 0 0 0 32,000 7,29,000 1,68,500
23-01-2036 41 8,40,800 8,40,800 0 0 0 32,000 7,42,860 1,68,500
23-01-2037 42 8,56,200 8,56,200 0 0 0 32,000 7,56,720 1,68,500
23-01-2038 43 8,75,600 8,75,600 0 0 0 32,000 7,70,580 1,68,500
23-01-2039 44 8,97,000 8,97,000 0 0 0 32,000 7,88,040 1,68,500
23-01-2040 45 9,22,400 9,22,400 0 0 0 32,000 8,07,300 1,68,500
23-01-2041 46 9,55,800 9,55,800 0 0 0 32,000 8,30,160 1,68,500
23-01-2042 47 10,09,200 10,09,200 0 0 0 32,000 8,60,220 1,68,500
23-01-2043 48 10,62,600 10,62,600 0 0 0 32,000 9,08,280 1,68,500
23-01-2044 49 11,16,000 11,16,000 0 0 0 32,000 9,56,340 1,68,500
23-01-2045 50 11,69,400 11,69,400 0 0 0 32,000 10,04,400 1,68,500
23-01-2046 51 12,30,800 12,30,800 0 0 0 32,000 10,52,460 1,68,500
23-01-2047 52 12,92,200 12,92,200 0 0 0 32,000 11,07,720 1,68,500
23-01-2048 53 13,53,600 13,53,600 0 0 0 32,000 11,62,980 1,68,500
23-01-2049 54 14,43,000 14,43,000 0 0 0 32,000 12,18,240 1,68,500
23-01-2050 55 15,36,400 15,36,400 0 0 0 32,000 12,98,700 1,68,500
23-01-2051 56 16,49,800 16,49,800 0 0 0 32,000 13,82,760 1,68,500
23-01-2052 57 17,63,200 17,63,200 0 0 0 32,000 14,84,820 1,68,500
23-01-2053 58 18,76,600 18,76,600 0 0 0 32,000 15,86,880 1,68,500
23-01-2054 59 19,90,000 19,90,000 0 0 0 32,000 16,88,940 1,68,500
23-01-2055 60 21,03,400 21,03,400 0 0 0 32,000 17,91,000 1,68,500
23-01-2056 61 22,16,800 22,16,800 0 0 0 32,000 18,93,060 1,68,500
23-01-2057 62 23,30,200 23,30,200 0 0 0 32,000 19,95,120 1,68,500

..continued

* The above benefit illustration is for illustration purpose only and subject to payment of stipulated premiums on the due dates. The main objective of the
illustration is that the client is able to appreciate the features of the product and the flow of benefits in different circumstances with some level of quantification.
* Liable to Change as per government policy.
 Jeevan Umang

Miss Prakriti Kohli

Age 25 No : 1

Annual Premium, Risk Cover Details

Date Age Risk Cover Annual Tax Net Returns Surrender Loan
Premium Saved Premium
Normal Accidental
23-01-2058 63 24,43,600 24,43,600 0 0 0 32,000 20,97,180 1,68,500
23-01-2059 64 25,57,000 25,57,000 0 0 0 32,000 21,99,240 1,68,500
23-01-2060 65 25,70,400 25,70,400 0 0 0 32,000 23,01,300 1,68,500
23-01-2061 66 25,83,800 25,83,800 0 0 0 32,000 23,13,360 1,68,500
23-01-2062 67 25,97,200 25,97,200 0 0 0 32,000 23,25,420 1,68,500
23-01-2063 68 26,10,600 26,10,600 0 0 0 32,000 23,37,480 1,68,500
23-01-2064 69 26,24,000 26,24,000 0 0 0 32,000 23,49,540 1,68,500
23-01-2065 70 26,37,400 26,37,400 0 0 0 32,000 23,61,600 1,68,500
23-01-2066 71 26,50,800 26,50,800 0 0 0 32,000 23,73,660 1,68,500
23-01-2067 72 26,64,200 26,64,200 0 0 0 32,000 23,85,720 1,68,500
23-01-2068 73 26,77,600 26,77,600 0 0 0 32,000 23,97,780 1,68,500
23-01-2069 74 26,91,000 26,91,000 0 0 0 32,000 24,09,840 1,68,500
23-01-2070 75 27,04,400 27,04,400 0 0 0 32,000 24,21,900 1,68,500
23-01-2071 76 27,17,800 27,17,800 0 0 0 32,000 24,33,960 1,68,500
23-01-2072 77 27,31,200 27,31,200 0 0 0 32,000 24,46,020 1,68,500
23-01-2073 78 27,44,600 27,44,600 0 0 0 32,000 24,58,080 1,68,500
23-01-2074 79 27,58,000 27,58,000 0 0 0 32,000 24,70,140 1,68,500
23-01-2075 80 27,71,400 27,71,400 0 0 0 32,000 24,82,200 1,68,500
23-01-2076 81 27,84,800 27,84,800 0 0 0 32,000 24,94,260 1,68,500
23-01-2077 82 27,98,200 27,98,200 0 0 0 32,000 25,06,320 1,68,500
23-01-2078 83 28,11,600 28,11,600 0 0 0 32,000 25,18,380 1,68,500
23-01-2079 84 28,25,000 28,25,000 0 0 0 32,000 25,30,440 1,68,500
23-01-2080 85 28,38,400 28,38,400 0 0 0 32,000 25,42,500 1,68,500
23-01-2081 86 28,51,800 28,51,800 0 0 0 32,000 25,54,560 1,68,500
23-01-2082 87 28,65,200 28,65,200 0 0 0 32,000 25,66,620 1,68,500
23-01-2083 88 28,78,600 28,78,600 0 0 0 32,000 25,78,680 1,68,500
23-01-2084 89 28,92,000 28,92,000 0 0 0 32,000 25,90,740 1,68,500
23-01-2085 90 29,05,400 29,05,400 0 0 0 32,000 26,02,800 1,68,500
23-01-2086 91 29,18,800 29,18,800 0 0 0 32,000 26,14,860 1,68,500
23-01-2087 92 29,32,200 29,32,200 0 0 0 32,000 26,26,920 1,68,500
23-01-2088 93 29,45,600 29,45,600 0 0 0 32,000 26,38,980 1,68,500
23-01-2089 94 29,59,000 29,59,000 0 0 0 32,000 26,51,040 1,68,500
23-01-2090 95 29,72,400 29,72,400 0 0 0 32,000 26,63,100 1,68,500
23-01-2091 96 29,85,800 29,85,800 0 0 0 32,000 26,75,160 1,68,500
23-01-2092 97 29,99,200 29,99,200 0 0 0 32,000 26,87,220 1,68,500
23-01-2093 98 30,12,600 30,12,600 0 0 0 32,000 26,99,280 1,68,500
23-01-2094 99 30,26,000 30,26,000 0 0 0 32,000 27,11,340 1,68,500
23-01-2095 100 0 0 0 0 0 30,26,000 0 0
Total 4,83,499 0 4,83,499 49,46,000
 Jeevan Umang

Miss Prakriti Kohli

Age 25 No : 1

Premium & Returns

3026000
32000

25 36 47 58 69 80 91 100
32895

32186

Returns Premium

Natural & Accidental Risk Cover

1116000

1292200

1536400

1876600

2216800

2557000

2597200

2637400

2677600

2717800

2758000

2798200

2838400

2878600

2918800

2959000

2999200
426800

507200

587600

668000

748400

825400

875600

955800

25 36 47 58 69 80 91 100
426800

507200

587600

668000

748400

825400

875600

955800

1116000

1292200

1536400

1876600

2216800

2557000

2597200

2637400

2677600

2717800

2758000

2798200

2838400

2878600

2918800

2959000

2999200
Accidental Risk Cover Natural Risk Cover

Permanent Disability After Accident During 19th Year

3026000
32000

25 36 47 58 69 80 91 100
32895

32186

Returns Premium

Loan & Cash Value Details

155047

276579

454508
26834
67648

168500

25 44 63 82 100
29816
85932

185562

323527

525262

729000

770580

830160

956340

1107720

1298700

1586880

1893060

2199240

2325420

2361600

2397780

2433960

2470140

2506320

2542500

2578680

2614860

2651040

2687220

Loan Cash Value

* The above benefit illustration is for illustration purpose only and subject to payment of stipulated premiums on the due dates. The main objective of the
illustration is that the client is able to appreciate the features of the product and the flow of benefits in different circumstances with some level of quantification.
* Liable to Change as per government policy.
 Jeevan Umang

Miss Prakriti Kohli

Age 25 No : 1

Summary
Description Amount Maturity Breakup Details Amount

Min Risk Cover 4,26,800 SA 4,00,000

Max Risk Cover 30,26,000 Bonus 12,06,000
Min Accidental Risk Cover 4,26,800 FAB 14,20,000
Max Accidental Risk Cover 30,26,000
Total Premium Paid 4,83,499
Total G.S.T. 11,329
Total Tax Saved 0
Total Maturity 49,46,000
Yield (Actual Premium) 5.27%
Yield (Net Premium) 5.35%

Other Premium Details

S.No Doc Plan Term PPT Sum Assured Daily Yly Hly Qly SSS/MlyEcs Single

1 23-01-2020 845 75 15 4,00,000 90 32,895 16,614 8,391 2,797 0

Total 90 32,895 16,614 8,391 2,797 0

Special Medical Report

Holder Name Type SUC General Non Medical Special Non Medical Professional

Miss Prakriti Kohli Non-Health 400000 No Medical Required No Medical Required No Medical Required
 Jeevan Umang

Miss Prakriti Kohli

Age 25 No : 1

Jeevan Umang Paid Up Feature

Please note that in case of Jeevan Umang, if premium is not paid fully for 15 years but minimum of 8 years, policy will acquire paid up value of Rs. 2,13,333
This wll provide you a minimum survival benefit of Rs. 17,067
The more no of years premium is paid, the amount of survival benefit would increase
Death/Maturity Benefit payable will also increase correspondingly
Below mentioned Regular Income rates are guaranteed even if plan is withdrawn or Income Benefits are reduced in future

Survival Benefits available when premium is paid for minimum years

Premium Paid in New Regular
Years Income

8 17,067
9 19,200
10 21,333
11 23,467
12 25,600
13 27,733
14 29,867
15 32,000

* The above benefit illustration is for illustration purpose only and subject to payment of stipulated premiums on the due dates. The main objective of the
illustration is that the client is able to appreciate the features of the product and the flow of benefits in different circumstances with some level of quantification.
* Liable to Change as per government policy.