Mr Xyz

OMPRAKASH GUPTA

INSURANCE CONSULTANT
Branch: 921, Gulistan Building, 1st flr, M D Marg, Fort, Mumbai - 400001.
Tel. 9930693929,
Email:omkavi21@rediffmail.com

The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.

OMPRAKASH GUPTA
INSURANCE CONSULTANT
Branch: 921, Gulistan Building, 1st flr, M D Marg, Fort, Mumbai - 400001.
Tel. 9930693929,
Name: Mr Xyz

Age: 35

Date: 20/01/2014

Plan 817: LIC's SINGLE PREMIUM ENDOWMENT PLAN

LICs Single Premium Endowment Plan (Table No.817) has been introduced with effect from 1st
January 2014.
LICs Single Premium Endowment Plan is a participating non-linked savings cum protection plan,
where premium is paid in lump sum at the outset of the policy. This combination provides financial
protection against death during the policy term with the provision of payment of lumpsum at the end
of the selected policy term in case of his/her survival. This plan also takes care of liquidity needs
through its loan facility.

Features
Death Benefit:
a) On death during the policy term before the date of commencement of risk: Return of single premium
excluding service tax and extra premium, if any, without interest.
b) On death during the policy term after the date of commencement of risk: Sum Assured along with
vested Simple Reversionary Bonuses and Final Additional Bonus, if any.
Maturity Benefit: Sum Assured, along with vested Simple Reversionary Bonuses and Final Additional
Bonus, if any, shall be payable.
ELIGIBILITY CONDITIONS AND OTHER RESTRICTIONS :
1.Minimum entry age
: 90 days (completed)
2.Maximum entry age
: 65 years (nearest birthday)
3.Maximum maturity age:
: 75 years (nearest birthday)
4.Minimum policy term
: 10 years
5.Minimum age at maturity
: 18 years (completed)
6.Maximum policy term
: 25 years
7.Minimum Sum Assured
: Rs.50,000
8.Sum Assured will be in multiples of Rs.5,000 /- only.
9.Premium payment mode
: Single Premium only
Date of Commencement of risk:In case the age of Life Assured at entry is less than 8 years, risk under
this plan will commence either 2 years from the date of commencement or from the policy anniversary
coinciding with or immediately following the attainment of 8 years of age, whichever is earlier. For
those aged 8 years or more, risk will commence immediately.
1. LOAN: Loan can be availed under this plan any time after completion of first policy year and subject
to terms and conditions as the company may specify from time to time.
2. Guaranteed Surrender Value allowable shall be as under:
A.First year: 70% of the Single premium excluding service tax and extra premium, if any
B.Thereafter: 90% of the Single premium excluding service tax and extra premium, if any.
3. TAXES: Taxes, if any, shall be as per the Tax laws and the rate of tax as applicable from time to
time.

The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.

You can't sip soup with a knife

OMPRAKASH GUPTA
INSURANCE CONSULTANT
Branch: 921, Gulistan Building, 1st flr, M D Marg, Fort, Mumbai - 400001.
Tel. 9930693929,
Name: Mr Xyz

Age: 35

Date: 20/01/2014

Presentation Details
Plan

Term /
PPT

Sum
Assured

Bonus

Mode

*Premium

Total
Prem's Paid

Maturity
Year

Maturity
Amount

LIC's SINGLE PREMIUM 12/1

75000

40

SP

54919

54919

2026

111000

54919

54919

Plan Name

817

Total :

75000

Note: The above Statements are based on certain assumptions, which are liable to change according to Government / Corporation's Policies.
* Rider Premiums are included in Premium.
* NI is number of installments.

Agents Copy
Sr. DOC
No.

Pn / Tm /
PPT

1 20/01/2014 817/12/1

Sum
Assured

75000

Mode
Yearly

Half Yearly

Quaterly

Mly(ECS) SSS

Single

Per Day

54919

0.00
0

1. '^' : - Premiums indicated are inclusive of service tax.

2. '*' : - Assuming LIC will declare the above mentioned bonus rates for the year ended 31-Mar-2014
3. '**' : - Daily premium is for indicative purpose only. Formula used - (Yearly Premium/365).

The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.

When your work speaks for itself, don't interrupt

No of
Inst.

OMPRAKASH GUPTA
INSURANCE CONSULTANT
Branch: 921, Gulistan Building, 1st flr, M D Marg, Fort, Mumbai - 400001.
Tel. 9930693929,
Name: Mr Xyz

Age: 35

Date: 20/01/2014

Nobody Plans to Fail

They Just Fail to Plan
Investment CASH FLOW

Tax Slab: 20%

Year

Age

Normal
Lifecover

Accident
Lifecover

Annual
Premium

Tax
Saved

Net
Premium

Returns
from LIC

Net Returns

Surrender
Value

Total Loan
Available

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

35
36
37
38
39
40
41
42
43
44
45
46
47

78000
81000
84000
87000
90000
93000
96000
99000
102000
105000
108000
111000
0

78000
81000
84000
87000
90000
93000
96000
99000
102000
105000
108000
111000
0

54919
0
0
0
0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0
0
0

54919
0
0
0
0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0
0
111000

-54919
0
0
0
0
0
0
0
0
0
0
0
111000

0
37827
49035
49620
50247
50935
51699
52563
53557
54709
56064
56875
57687

0
22696
29421
29772
30148
30561
31019
31538
32134
32825
33638
34125
34612

54919

54919

111000

56081

Total
Note: (1)
(2)
(3)
(4)

The above Statements are based on certain assumptions, which are liable to change according to Government / Corporation's Policies.
Calculation includes Bonus and Final Additional Bonus as per present Rates.
* Available Total Money.
we are showing annual returns. in case of payment in arrears, half yearly installmant starts 6 months after maturity and yearly installment
starts 1 year after maturity. in case of payment in advance, yearly and half yearly installments starts immediately from
Please refer circular no: Actl / 2015 / 4 for details about settlement options.

(*) The above illustration gives an effective yield of 6.04% with tax benefit.
(*) The above illustration gives an effective yield of 6.04% without tax benefit.

The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.

Those we hurt the most are often those we love the most

maturity date.

OMPRAKASH GUPTA
INSURANCE CONSULTANT
Branch: 921, Gulistan Building, 1st flr, M D Marg, Fort, Mumbai - 400001.
Tel. 9930693929,
Name: Mr Xyz

Age: 35

Breakup of Returns

Date: 20/01/2014

Bonus
32.43%

Sum Assured & Survival's

Bonus

75000
36000
67.57%

Sum
Assured

The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.

The greatest failure is the failure to try