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Insurance Proposal for

Mr. XYZ
for Annual Income of Rs. 104000/- from age 47 to 99

Presented by

Swaran Jeet Singh


FOR ALL KIND OF LIC POLICIES...
Off.: Br 129, 20 A, Shivaji Marg (Near Haldi Ram),
Moti Nagar, New Delhi - 110015
Mobile No.>> 9654748888 / 9540340443
lic.advisor.1720@gmail.com

Insurance Proposal for

Mr. XYZ
The objective of this proposal is to provide financial security to your
family during your productive span and a happy independent retired

for Annual Income of


Rs. 104000/from age 47 to 99

lifestyle for yourself and your spouse when you decide to retire.

At this moment your familys dependancy on you is very


high. Your hard work ensures that they get the best in their
life. Hence this proposal provides for a high riskcover of
Rs.2126450/- starting at your age of 35 and growing to
Rs.3728650/- at age 46. During this period you will need
to make annual premium payments of Rs. 102252/-

To compliment a comfortable lifestyle for you in your


golden years this plan will provide annual tax-free income
from age 47 to 99. You will recieve annual income of
Rs.106556/-.

No premiums are payable from your own funds after 46.


During the income period too your life will be covered.
In case of death during this period a lumpsum amount
shall be paid to your nominee.

In the event of any emergency or financial difficulties,


there is a provision under this Magic Plan to provide loan
against the insurance policy after payment of 3 yearly
premiums.
Disclaimer:

Certain benefits illustrated under this MagicPlan Retire & Enjoy are based on performance projections of the underlying
L.I.C. plans. Actual future performance of these plans can vary the results.

Please refer to the page titled - How does this Magic-Plan work? for detailed understanding of this insurance
proposal

The effective yield in the above proposal works out to 9.08 % (calculated as per IRR method)

Presented by

Swaran Jeet Singh


FOR ALL KIND OF LIC POLICIES...
Off.: Br 129, 20 A, Shivaji Marg (Near Haldi Ram),
Moti Nagar, New Delhi - 110015
Mobile No.>> 9654748888 / 9540340443
lic.advisor.1720@gmail.com

Swaran Jeet Singh


FOR ALL KIND OF LIC POLICIES...
Off.: Br 129, 20 A, Shivaji Marg (Near Haldi Ram),
Moti Nagar, New Delhi - 110015
Mobile No.>> 9654748888 / 9540340443
lic.advisor.1720@gmail.com

MagicPlan - Retire And Enjoy - VI


How does this Magic-Plan work ?
A combination of Jeevan Saral & Whole Life Policies of Rs. 2110000 is being proposed to provide
the benefits as illustrated in this MagicPlan presentation.

Jeevan Saral plan has a unique feature of Partial Withdrawal which enables us to have the flexibility
of cash flows during the policy term.

The income illustrated from your age 47 to 69 are coming through partial withdrawals from this
plan. The amount of partial withdrawal done each year is such that it pays for the premium and also

provides for your income in respective year. Thus you do not have to bear the burden of paying
premium from your own pocket.
The annual income at age 47 will be Rs.106556.

From age 70 to 99 the pension will be provided through maturity proceeds taken in installments
from L.I.C. (through settlement option) on the policies as shown below:

Age

Appr. Maturity
Amount

Maturity

Amount per year in the


Settlement Period

Settlement Period

70

Jeevan Saral

938682

70 to 79 Years

115777

80

Whole Life

893750

80 to 89 Years

110235

90

Whole Life

863500

90 to 99 Years

106504

Partial Withdrawal Schedule of Jeevan Saral

Year

Mly Premium
Reduction

Partial
Withdrawal

Year

Mly Premium
Reduction

Partial
Withdrawal

Year

Mly Premium
Reduction

Partial
Withdrawal

2023

950

185222

2033

250

159088

2043

100

164792

2024

800

177424

2034

200

141262

2044

100

178746

2025

700

177436

2035

200

156426

2045

100

193370

2026

550

159775

2036

150

129861

2046

450

115777

2027

500

163355

2037

150

143413

2028

450

165011

2038

150

158136

2029

350

143714

2039

150

173854
127074

2030

350

160822

2040

100

2031

300

154053

2041

100

138979

2032

250

143098

2042

100

151518

Swaran Jeet Singh


FOR ALL KIND OF LIC POLICIES...
Off.: Br 129, 20 A, Shivaji Marg (Near Haldi Ram),
Moti Nagar, New Delhi - 110015
Mobile No.>> 9654748888 / 9540340443
lic.advisor.1720@gmail.com

MagicPlan - Retire And Enjoy - VI


Quotation Ref.No.

: 123

Quotation Date

: 27/08/2011

Proposers Name

: Mr. XYZ

Proposers Age

: 35

Sum Proposed

: 2110000

Yearly Premium

: 102252

Desired Income

: 104000

(nearer birthday)

Benefits During Deferment Period


Risk Cover
Year

Age

Normal

Accident

Yearly
Premium

Cash
Value

2011

35

2126450

4236450

102252

2012

36

2232900

4342900

102252

2013

37

2339350

4449350

102252

6500

2014

38

2445800

4555800

102252

164110

2015

39

2552250

4662250

102252

260163

2016

40

2658700

4768700

102252

373375

2017

41

2765150

4875150

102252

464625

2018

42

2871600

4981600

102252

558550

2019

43

2978050

5088050

102252

656450

2020

44

3422000

5532000

102252

760725

2021

45

3565950

5675950

102252

1209750

2022

46

3728650

5838650

102252

1365875

1227024
* The above projection is based on assumptions enumerated on the page titled "Benefits during the Retirement Period".

Swaran Jeet Singh


FOR ALL KIND OF LIC POLICIES...
Off.: Br 129, 20 A, Shivaji Marg (Near Haldi Ram),
Moti Nagar, New Delhi - 110015
Mobile No.>> 9654748888 / 9540340443
lic.advisor.1720@gmail.com

MagicPlan - Retire And Enjoy - VI


Quotation Ref.No.

: 123

Quotation Date

: 27/08/2011

Proposers Name

: Mr. XYZ

Proposers Age

: 35

Sum Proposed

: 2110000

Yearly Premium

: 102252

Desired Income

: 104000

(nearer birthday)

Benefits during the Retirement Period


Risk Cover
Year

Age

Normal

Accident

Yearly
Premium

Desired
Income

Returns
From L.I.C.

Prem.
Pymt.

Net
Income

Cash
Value

2023

47

3479863

5117363

78666

104000

185222

78666

106556

1364311

2024

48

3281363

4718863

69058

104000

177424

69058

108366

1370841

2025

49

3112625

4375125

60650

104000

177436

60650

116786

1384535

2026

50

2993600

4118600

54045

104000

159775

54045

105730

1421136

2027

51

2882350

3882350

48040

104000

163355

48040

115315

1430742

2028

52

2778800

3666300

42636

104000

165011

42636

122375

1436279

2029

53

2721800

3521800

38432

104000

143714

38432

105282

1458624

2030

54

2648200

3360700

34228

104000

160822

34228

126594

1467076

2031

55

2590763

3228263

30626

104000

154053

30626

123427

1479441

2032

56

2558050

3133050

27623

104000

143098

27623

115475

1499513

2033

57

2517175

3029675

24620

104000

159088

24620

134468

1501196

2034

58

2505638

2968138

22218

104000

141262

22218

119044

1517666

2035

59

2481875

2894375

19816

104000

156426

19816

136610

1516424

2036

60

2494375

2869375

18015

104000

129861

18015

111846

1540049

2037

61

2492875

2830375

16214

104000

143413

16214

127199

1548365

2038

62

2471650

2771650

14412

104000

158136

14412

143724

1539465

2039

63

2427325

2689825

12610

104000

173854

12610

161244

1508705

2040

64

2442663

2680163

11410

104000

127074

11410

115664

1516874

2041

65

2454825

2667325

10208

104000

138979

10208

128771

1509511

2042

66

2447463

2634963

9008

104000

151518

9008

142510

1483681

2043

67

2430075

2592575

7806

104000

164792

7806

156986

1437992

2044

68

2365163

2502663

6606

104000

178746

6606

172140

1370006

2045

69

2273975

2386475

5404

104000

193370

5404

187966

1277642

2046

70

1308950

1308950

104000

115777

115777

428481

2047

71

1372400

1372400

104000

115777

115777

449914

2048

72

1447600

1447600

104000

115777

115777

471769

2049

73

1522800

1522800

104000

115777

115777

493955

2050

74

1598000

1598000

104000

115777

115777

516463

2051

75

1614450

1614450

104000

115777

115777

539193

2052

76

1630900

1630900

104000

115777

115777

562222

2053

77

1647350

1647350

104000

115777

115777

585539

2054

78

1663800

1663800

104000

115777

115777

608947

2055

79

1680250

1680250

104000

115777

115777

632616

2056

80

794200

794200

104000

110235

110235

307225

2057

81

801900

801900

104000

110235

110235

318348

2058

82

809600

809600

104000

110235

110235

329528

2059

83

817300

817300

104000

110235

110235

340708

2060

84

825000

825000

104000

110235

110235

351879

2061

85

832700

832700

104000

110235

110235

363082

2062

86

840400

840400

104000

110235

110235

374210

2063

87

848100

848100

104000

110235

110235

385352

2064

88

855800

855800

104000

110235

110235

396450

2065

89

863500

863500

104000

110235

110235

407705

Swaran Jeet Singh


FOR ALL KIND OF LIC POLICIES...
Off.: Br 129, 20 A, Shivaji Marg (Near Haldi Ram),
Moti Nagar, New Delhi - 110015
Mobile No.>> 9654748888 / 9540340443
lic.advisor.1720@gmail.com

MagicPlan - Retire And Enjoy - VI


Risk Cover
Year

Age

Normal

Accident

Yearly
Premium

Desired
Income

Returns
From L.I.C.

Prem.
Pymt.

Net
Income

Cash
Value

2066

90

104000

106504

106504

2067

91

104000

106504

106504

2068

92

104000

106504

106504

2069

93

104000

106504

106504

2070

94

104000

106504

106504

2071

95

104000

106504

106504

2072

96

104000

106504

106504

2073

97

104000

106504

106504

2074

98

104000

106504

106504

2075

99

104000

106504

106504

6971589

662351

6309238

662351

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 Benefits from Jeevan Saral plan are illustrated on the assumption that LIC will be able to provide a consistent return of 10%

p.a. throughout the term of the policy on the investible portion of the premium. For the purpose of illustration the average
investible portion of the premium under this plan as illustrated by LIC .
u The effective yield in the above proposal (based on maturity benefits) works out to 9.08 % (calculated as per IRR method ).

Swaran Jeet Singh


FOR ALL KIND OF LIC POLICIES...
Off.: Br 129, 20 A, Shivaji Marg (Near Haldi Ram),
Moti Nagar, New Delhi - 110015
Mobile No.>> 9654748888 / 9540340443
lic.advisor.1720@gmail.com

MagicPlan - Retire And Enjoy - VI


Quotation Ref.No.

: 123

Quotation Date

: 27/08/2011

Proposers Name

: Mr. XYZ

Proposers Age

: 35

Sum Proposed

: 2110000

Yearly Premium

: 102252

Sec.80 CCE Invt. Lmt.

100000

Sec.80 CCE Tax Rebate

(nearer birthday)
: 30.90

Insurance Facts
Risk Cover
Year

Age

Normal

Accident

Annual
Premium

Tax
Saved

Net
Premium

Returns
From L.I.C.

Net
Cashflow

Cash
Value
0

2011

35

2126450

4236450

102252

31595

70657

-102252

2012

36

2232900

4342900

102252

31595

70657

-102252

2013

37

2339350

4449350

102252

31595

70657

-102252

7165

2014

38

2445800

4555800

102252

31595

70657

-102252

166719

2015

39

2552250

4662250

102252

31595

70657

-102252

263652

2016

40

2658700

4768700

102252

31595

70657

-102252

377748

2017

41

2765150

4875150

102252

31595

70657

-102252

470235

2018

42

2871600

4981600

102252

31595

70657

-102252

564858

2019

43

2978050

5088050

102252

31595

70657

-102252

663799

2020

44

3422000

5532000

102252

31595

70657

-102252

769141

2021

45

3565950

5675950

102252

31595

70657

-102252

1219113

2022

46

3728650

5838650

102252

31595

70657

-102252

1376571

2023

47

3479863

5117363

78666

24308

54358

185222

106556

1364311

2024

48

3281363

4718863

69058

21339

47719

177424

108366

1370841

2025

49

3112625

4375125

60650

18741

41909

177436

116786

1384535

2026

50

2993600

4118600

54045

16700

37345

159775

105730

1421136

2027

51

2882350

3882350

48040

14844

33196

163355

115315

1430742

2028

52

2778800

3666300

42636

13175

29461

165011

122375

1436279

2029

53

2721800

3521800

38432

11875

26557

143714

105282

1458624

2030

54

2648200

3360700

34228

10576

23652

160822

126594

1467076

2031

55

2590763

3228263

30626

9463

21163

154053

123427

1479441

2032

56

2558050

3133050

27623

8536

19087

143098

115475

1499513

2033

57

2517175

3029675

24620

7608

17012

159088

134468

1501196

2034

58

2505638

2968138

22218

6865

15353

141262

119044

1517666

2035

59

2481875

2894375

19816

6123

13693

156426

136610

1516424

2036

60

2494375

2869375

18015

5567

12448

129861

111846

1540049

2037

61

2492875

2830375

16214

5010

11204

143413

127199

1548365

2038

62

2471650

2771650

14412

4453

9959

158136

143724

1539465

2039

63

2427325

2689825

12610

3896

8714

173854

161244

1508705

2040

64

2442663

2680163

11410

3526

7884

127074

115664

1516874

2041

65

2454825

2667325

10208

3154

7054

138979

128771

1509511

2042

66

2447463

2634963

9008

2783

6225

151518

142510

1483681

2043

67

2430075

2592575

7806

2412

5394

164792

156986

1437992

2044

68

2365163

2502663

6606

2041

4565

178746

172140

1370006

2045

69

2273975

2386475

5404

1670

3734

193370

187966

1277642

2046

70

1308950

1308950

115777

115777

428481

2047

71

1372400

1372400

115777

115777

449914

2048

72

1447600

1447600

115777

115777

471769

2049

73

1522800

1522800

115777

115777

493955

2050

74

1598000

1598000

115777

115777

516463

2051

75

1614450

1614450

115777

115777

539193

2052

76

1630900

1630900

115777

115777

562222

2053

77

1647350

1647350

115777

115777

585539

2054

78

1663800

1663800

115777

115777

608947

2055

79

1680250

1680250

115777

115777

632616

2056

80

794200

794200

110235

110235

307225

2057

81

801900

801900

110235

110235

318348

2058

82

809600

809600

110235

110235

329528

Swaran Jeet Singh


FOR ALL KIND OF LIC POLICIES...
Off.: Br 129, 20 A, Shivaji Marg (Near Haldi Ram),
Moti Nagar, New Delhi - 110015
Mobile No.>> 9654748888 / 9540340443
lic.advisor.1720@gmail.com

MagicPlan - Retire And Enjoy - VI


Risk Cover
Year

Age

Normal

Accident

Annual
Premium

Tax
Saved

Net
Premium

Returns
From L.I.C.

Net
Cashflow

Cash
Value

2059

83

817300

817300

110235

110235

340708

2060

84

825000

825000

110235

110235

351879

2061

85

832700

832700

110235

110235

363082

2062

86

840400

840400

110235

110235

374210

2063

87

848100

848100

110235

110235

385352

2064

88

855800

855800

110235

110235

396450

2065

89

863500

863500

110235

110235

407705

2066

90

106504

106504

2067

91

106504

106504

2068

92

106504

106504

2069

93

106504

106504

2070

94

106504

106504

2071

95

106504

106504

2072

96

106504

106504

2073

97

106504

106504

2074

98

106504

106504

2075

99

106504

106504

1889375

583808

1305567

6971589

5082214