You are on page 1of 6

Insurance Proposal for

Mr. Sanjay Singh


for Annual Income of Rs. 244000/from age 59 to 75

Presented by
KAMAL RAHI
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

KAMAL RAHI
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 - V


Quotation Ref.No.

: Shailend

Quotation Date

: 13/03/2012

Proposers Name

: Mr. Sanjay Singh

Proposers Age

: 27

Sum Proposed

: 950000

Yearly Premium

: 24945

Sec.80 CCE Invt. Lmt.

: 100000

Sec.80 CCE Tax Rebate

(nearer birthday)

: 30.90 %

Benefits During Deferment Period


Risk Cover
Year

Age

Normal

Accident

Yearly
Premium

Loan
Available

2012

27

995600

1945600

24945

2013

28

1079200

2029200

24945

2014

29

1143800

2093800

24945

3000

2015

30

1208400

2158400

24945

35500

2016

31

1273000

2223000

24945

49000

2017

32

1337600

2287600

24945

63250

2018

33

1402200

2352200

24945

78250

2019

34

1466800

2416800

24945

94500

2020

35

1531400

2481400

24945

112000

2021

36

1596000

2546000

24945

131250

2022

37

1660600

2610600

24945

150500

2023

38

1725200

2675200

24945

172500

2024

39

1789800

2739800

24945

195500

2025

40

1854400

2804400

24945

220750

2026

41

1928500

2878500

24945

248500

2027

42

1997850

2947850

24945

279000

2028

43

2067200

3017200

24945

312250

2029

44

2136550

3086550

24945

348250

2030

45

2205900

3155900

24945

388500

2031

46

2280000

3230000

24945

432750

2032

47

2354100

3304100

24945

481500

2033

48

2447200

3397200

24945

535000

2034

49

2578300

3528300

24945

594500

2035

50

2718900

3668900

24945

657750

2036

51

2878500

3828500

24945

726500

2037

52

3038100

3988100

24945

800500

2038

53

3207200

4157200

24945

882000

2039

54

3376300

4326300

24945

971250

2040

55

3545400

4495400

24945

1070250

2041

56

3743000

4693000

24945

1179500

2042

57

3997600

4947600

24945

1301500

2043

58

4252200

5202200

24945

1437750

798240

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

KAMAL RAHI
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 - V


Quotation Ref.No.

: Shailend

Quotation Date

: 13/03/2012

Proposers Name

: Mr. Sanjay Singh

Proposers Age

: 27

Sum Proposed

: 950000

Yearly Premium

: 24945

: 100000

Sec.80 CCE Invt. Lmt.

Sec.80 CCE Tax Rebate

(nearer birthday)

: 30.90 %

Benefits during the Retirement Period


Risk Cover
Yr

Age

Normal

Accident

Yearly
Premium

Desired
Income

Existing
Cash In

Existing
Cash Out

Returns
From L.I.C.

Prem.
Pymt.

Net
Surplus

Loan
Available

44

59

4266660

5156660

23103

244000

268560

23103

245457

1415000

45

60

4159960

4989960

21310

251320

287640

21310

266330

1385000

46

61

4027100

4797100

19561

258860

300720

19561

281159

1347500

47

62

3931070

4646070

17995

266626

287650

17995

269655

1315000

48

63

3805560

4465560

16467

274625

302390

16467

285923

1275500

49

64

3680820

4285820

14971

282864

317130

14971

302159

1229250

50

65

3521100

4071100

13504

291350

334620

13504

321116

1173000

51

66

3326400

3821400

12064

300090

352110

12064

340046

1108750
1035750

52

67

2986720

3426720

10650

309093

369600

10650

358950

53

68

2639560

3024560

9258

318366

373340

9258

364082

953250

54

69

2284920

2614920

7887

327917

377080

7887

369193

860750

55

70

1922800

1922800

6535

337755

380820

6535

374285

757500

56

71

1553200

1553200

4981

347888

384560

4981

379579

640500

57

72

1176120

1176120

3716

358325

388300

3716

384584

508500

58

73

791560

791560

2467

369075

392040

2467

389573

359250

59

74

399520

399520

1228

380147

395780

1228

394552

190500

60

75

391551

399520

399520

5911860

185697

5726163

185697

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 is based on forecast of future bonuses expected from L.I.C.. These bonuses are not guaranteed and

have been estimated solely to understand the possible benefits from proposed Insurance. Actual results may vary.

u Loan calculation is done on the basis of present surrender value rates.


u The nett annuity is increasing every year to take care of the inflation @ 3.00 % (approximately).

KAMAL RAHI
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 - V


Quotation Ref.No.

: Shailend

Quotation Date

: 13/03/2012

Proposers Name

: Mr. Sanjay Singh

Proposers Age

Sum Proposed

: 950000

Yearly Premium

: 24945

27

(nearer birthday)

Insurance Facts
Risk Cover
Year Age

Normal

Accident

Annual
Premium

Tax
Saved

Net
Premium

Returns
From L.I.C.

Existing
Cashin

Cashout

Net
Cashflow

Loan
Available
0

2012

27

995600

1945600

24945

7707

17238

-24945

2013

28

1079200

2029200

24945

7707

17238

-24945

2014

29

1143800

2093800

24945

7707

17238

-24945

3000

2015

30

1208400

2158400

24945

7707

17238

-24945

35500

2016

31

1273000

2223000

24945

7707

17238

-24945

49000

2017

32

1337600

2287600

24945

7707

17238

-24945

63250

2018

33

1402200

2352200

24945

7707

17238

-24945

78250

2019

34

1466800

2416800

24945

7707

17238

-24945

94500

2020

35

1531400

2481400

24945

7707

17238

-24945

112000

2021

36

1596000

2546000

24945

7707

17238

-24945

131250

2022

37

1660600

2610600

24945

7707

17238

-24945

150500

2023

38

1725200

2675200

24945

7707

17238

-24945

172500

2024

39

1789800

2739800

24945

7707

17238

-24945

195500

2025

40

1854400

2804400

24945

7707

17238

-24945

220750

2026

41

1928500

2878500

24945

7707

17238

-24945

248500

2027

42

1997850

2947850

24945

7707

17238

-24945

279000

2028

43

2067200

3017200

24945

7707

17238

-24945

312250

2029

44

2136550

3086550

24945

7707

17238

-24945

348250

2030

45

2205900

3155900

24945

7707

17238

-24945

388500

2031

46

2280000

3230000

24945

7707

17238

-24945

432750

2032

47

2354100

3304100

24945

7707

17238

-24945

481500

2033

48

2447200

3397200

24945

7707

17238

-24945

535000

2034

49

2578300

3528300

24945

7707

17238

-24945

594500

2035

50

2718900

3668900

24945

7707

17238

-24945

657750

2036

51

2878500

3828500

24945

7707

17238

-24945

726500

2037

52

3038100

3988100

24945

7707

17238

-24945

800500

2038

53

3207200

4157200

24945

7707

17238

-24945

882000

2039

54

3376300

4326300

24945

7707

17238

-24945

971250

2040

55

3545400

4495400

24945

7707

17238

-24945

1070250

2041

56

3743000

4693000

24945

7707

17238

-24945

1179500

2042

57

3997600

4947600

24945

7707

17238

-24945

1301500

2043

58

4252200

5202200

24945

7707

17238

-24945

1437750

2044

59

4266660

5156660

23103

7138

15965

268560

245457

1415000

2045

60

4159960

4989960

21310

6584

14726

287640

266330

1385000

2046

61

4027100

4797100

19561

6044

13517

300720

281159

1347500

2047

62

3931070

4646070

17995

5560

12435

287650

269655

1315000

2048

63

3805560

4465560

16467

5088

11379

302390

285923

1275500

2049

64

3680820

4285820

14971

4626

10345

317130

302159

1229250

2050

65

3521100

4071100

13504

4173

9331

334620

321116

1173000

2051

66

3326400

3821400

12064

3728

8336

352110

340046

1108750

KAMAL RAHI
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 - V


Risk Cover
Year Age

Normal

Accident

Annual
Premium

Tax
Saved

Net
Premium

Returns
From L.I.C.

Existing
Cashin

Cashout

Net
Cashflow

Loan
Available

2052

67

2986720

3426720

10650

3291

7359

369600

358950

1035750

2053

68

2639560

3024560

9258

2861

6397

373340

364082

953250

2054

69

2284920

2614920

7887

2437

5450

377080

369193

860750

2055

70

1922800

1922800

6535

2019

4516

380820

374285

757500

2056

71

1553200

1553200

4981

1539

3442

384560

379579

640500

2057

72

1176120

1176120

3716

1148

2568

388300

384584

508500

2058

73

791560

791560

2467

762

1705

392040

389573

359250

2059

74

399520

399520

1228

379

849

395780

394552

190500

2060

75

399520

399520

983937

304001

679936

5911860

4927923

KAMAL RAHI
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 - V


Quotation Ref.No.

: Shailend

Quotation Date

: 13/03/2012

Proposers Name

: Mr. Sanjay Singh

Proposers DOB

: 05/07/1985

Sum Proposed

: 950000

Yearly Premium

: 24945

Sec.80 CCE Invt. Lmt.

: 100000

Age : 27
(ANB)

: 30.90 %

Sec.80 CCE Tax Rebate

Agent's Copy
PREMIUM

Sr.
No.

Plan/Tm/PPT

Sum

DAB
Sum

Interim
Bonus
Rate

* Bonus
Rate

#Assu
Step
Rate

FAB

SSS

Mly.

Qly.

Hly.

Yly.

14/32/32

60000

60000

48

68

1300

158

166

475

935

1842

14/33/33

60000

60000

48

68

1550

154

162

462

910

1793

14/34/34

60000

60000

48

68

1700

150

158

451

888

1749

14/35/35

55000

55000

48

68

1850

135

141

404

795

1566

14/36/36

55000

55000

48

68

2050

131

138

394

776

1528

14/37/37

55000

55000

48

68

2250

129

135

386

760

1496

14/38/38

55000

55000

48

68

2500

126

132

378

745

1467

14/39/39

55000

55000

48

68

2750

124

130

371

731

1440

14/40/40

55000

55000

48

68

3000

121

128

364

718

1414

10

14/41/41

55000

55000

48

68

3000

120

126

359

707

1392

11

14/42/42

55000

55000

48

68

3000

118

124

353

696

1371

12

14/43/43

55000

55000

48

68

3000

116

122

349

687

1352

13

14/44/44

55000

55000

48

68

3000

115

120

344

677

1334

14

14/45/45

55000

55000

48

68

3000

113

119

340

670

1320

15

14/46/46

55000

55000

48

68

3000

112

118

336

662

1304

16

14/47/47

55000

55000

48

68

3000

111

117

333

657

1294

17

14/48/48

55000

55000

48

68

3000

110

116

331

651

1283

950000

950000

2143

2252

6430

12665

24945

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.

You might also like