Harish Chand

Delhi LIC Agent

577, GH-9, PASCHIM VIHAR
NEW DELHI- 110087
INDIA, 9811896425, 9212201725
www.delhiLICagent.com

Multi - Plan Chart

Date : 23/07/2011

Wonder-Plan Quotation
Quotation No

: Sanjay

Chart Date

: 23/07/2011

Name

: Sanjay

Chart required upto

: 23/07/2027

Date of Birth

: 29/07/1984

I. T. Slab

: 33.99%

Sec.80 CCE Inv. Limit

: 27

: 9.00%

Loan Interest Rate

Sr.
No

Age

: 100000

Sum

M
d

Endowment With Profits

200000

Total :

200000

Year

Plan/Tm/
Prem. Tm

Plan Name

2011

14/16/16

Interim
Bonus
Rate

42

Loan Re-Investment Rate

: 0.00%

Maturity/S.B. proceeds Re-invt. Rate

: 0.00%

Sec.80 CCE Tax Rebate

: 33.99%

Assu
Bonus
Rate

42

Assu
Step
Rate A/c

Basic
Premium

0.00

Installment
Premium

12297

12497

12297

12497

Annual
Premium

Mat
Date

12497

23/07/27

12497 p.a.

Rider Details
Sr.
No

Plan/Tm/
Prem. Tm

Rider Name

Year

2011

14/16/16

Double Accident Benefit

Total :

Rider
Sum

Rider
Term

Prem.
Term

Installment
Premium

Annual
Premium

Total
Premium Pd.

200000

16

16

200

200

3200

200

200

3200

200000

1. '*' : - Assuming LIC will declare the above mentioned bonus rates for the year ended 31-Mar-2011
2. '#' : - Assuming that bonus rate declared by LIC will increase/decrease per year by step rate mentioned above.
3. ** If premiums paid during the year for any policy exceeds 20% of Sum Assured then Maturity proceeds will be taxable and
eligible amount for section 80 CCE rebate will be restricted to 20% of Sum Assured.

The above statement is based on certain assumptions which are

liable to change according to Government/Corporation's policies.

Harish Chand
Delhi LIC Agent
577, GH-9, PASCHIM VIHAR
NEW DELHI- 110087
INDIA, 9811896425, 9212201725
www.delhiLICagent.com

Multi - Plan Chart

Insurance Facts
Quotation No

: Sanjay

Chart Date

23/07/2011

Name

: Sanjay

Chart required upto

23/07/2027

Date of Birth

: 29/07/1984

I. T. Slab

33.99%

Age

Risk Cover

: 27

Year

Age

Normal

Accident

Annual
Premium

Tax
Saved

Net
Premium

Returns
From L.I.C.

New Loan
Available

Total Loan
Available

2011

27

208400

408400

12497

4248

8249

2012

28

216800

416800

12497

4248

8249

2013

29

225200

425200

12497

4248

8249

11750

11750

2014

30

233600

433600

12497

4248

8249

10750

22500

2015

31

242000

442000

12497

4248

8249

9250

31750

2016

32

250400

450400

12497

4248

8249

10500

42250

2017

33

258800

458800

12497

4248

8249

12250

54500

2018

34

267200

467200

12497

4248

8249

12750

67250

2019

35

275600

475600

12497

4248

8249

14250

81500

2020

36

284000

484000

12497

4248

8249

16250

97750

2021

37

292400

492400

12497

4248

8249

18250

116000

2022

38

300800

500800

12497

4248

8249

21250

137250

2023

39

309200

509200

12497

4248

8249

25500

162750

2024

40

317600

517600

12497

4248

8249

29000

191750

2025

41

330000

530000

12497

4248

8249

33000

224750

2026

42

339400

539400

12497

4248

8249

49250

274000

2027

43

339400

199952

67968

131984

339400

Total :

The above statement is based on certain assumptions which are

liable to change according to Government/Corporation's policies.

Harish Chand
Delhi LIC Agent
577, GH-9, PASCHIM VIHAR
NEW DELHI- 110087
INDIA, 9811896425, 9212201725
www.delhiLICagent.com

Multi - Plan Chart

Summary of Proposed Insurance

Quotation No

: Sanjay

Chart Date

: 23/07/2011

Name

: Sanjay

Chart required upto

: 23/07/2027

Date of Birth

: 29/07/1984

I. T. Slab

: 33.99%

Age

: 27

Maximum Risk Cover enjoyed (Normal)

Rs.

339400

Maximum Risk Cover enjoyed (Accidental)

Rs.

539400

Total Premium paid

Rs.

199952

Rs.

67968

Net Premium paid

Rs.

131984

Proceeds from LIC by way of Maturity / Sur. Bens.

Rs.

339400

Tax Payable

Rs.

Net after tax Payable

Rs.

339400

Compounded Value of LIC proceeds @ 0.00 % by 2027

Rs.

339400

Additional Gain through Loan re-cycling @ 0.00 %

Rs.

Rs.

339400

Less : Tax saved on premium

Net in hand as on 2027

Yield on Investments 10.42 %

Assumptions
--> Premium payments will save tax.
--> Returns will not be Re-invested in Section 80 CCE schemes.
--> Gains on Returns Re-investments will not be taxed.
--> Gains on Loans Re-investments will not be taxed.

The above statement is based on certain assumptions which are

liable to change according to Government/Corporation's policies.