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  • PSR - Plans A To Z-Ver-1

    Uploaded by

    Manish Kumar
    10 views6 pages
    This document appears to be a template for entering policy details and generating life insurance quotes. It includes sections for entering the life assured's details like name, age, gender, sum assured. Other sections specify policy parameters, underwriting rules and proposer details. The document provides instructions to select the appropriate table number based on the plan, enter all required details, convert to a PDF file before sending as a quotation to the customer. It also flags some fields that need corrections like setting the term rider amount to zero.

    Original Description:

    PSR- Plans a to Z-Ver-1 for LIC of India

    Original Title

    PSR- Plans a to Z-Ver-1

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    This document appears to be a template for entering policy details and generating life insurance quotes. It includes sections for entering the life assured's details like name, age, gender, sum assured. Other sections specify policy parameters, underwriting rules and proposer details. The document provides instructions to select the appropriate table number based on the plan, enter all required details, convert to a PDF file before sending as a quotation to the customer. It also flags some fields that need corrections like setting the term rider amount to zero.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    10 views6 pages

    PSR - Plans A To Z-Ver-1

    Uploaded by

    Manish Kumar
    This document appears to be a template for entering policy details and generating life insurance quotes. It includes sections for entering the life assured's details like name, age, gender, sum assured. Other sections specify policy parameters, underwriting rules and proposer details. The document provides instructions to select the appropriate table number based on the plan, enter all required details, convert to a PDF file before sending as a quotation to the customer. It also flags some fields that need corrections like setting the term rider amount to zero.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 6

    PSR A to Z in L.I.C.

    All Green, do enter


    your values when
    different plan is
    Instructions & about this A to
    selected
    Z (put mouse here)
    Slelect Table No.

    832

    Table Name

    New Children
    Money Back

    L.A. Age

    Policy Term

    IMPORTANT: To send as QUOTATION, after keying in


    all details, convert to PDF file and send to party

    UNDER WRITING
    DECISION

    Gender

    Version-1
    Dt.21.03.15 (my
    use only)

    832

    LIFE ASSURED DETAILS

    Prop. N.M. Category

    N.M. Max Limit

    NMG(P)

    Medcial Requirement

    Term Rider should be ZERO. Correct it

    Select 0 below

    Life Assured S.U.C.

    Special Report
    Requirement

    Non-medical

    25

    300000

    Prem Paying Term

    25

    Min S.A.100000

    Enter LA SUC from 13-2014

    Prop. SUC Now

    Sum Assured

    300,000

    L.A. Non-med Category

    380174

    Mode

    HLY

    NMG

    Total L.A PP > 2 yrs

    L.A. Total S.U.C.

    No ADB. Next put 0

    1,000,000

    Age Proof

    No T.R. Next put 0

    1,000,000

    School/College Certiciate

    P.W.B.

    NO

    Inst. Prem With S.T.


    Total Premium For P.P.T.

    B
    Prop. SUC from
    1-3-2014

    1st S.B. after Age 18


    2nd S.B. after Age 20

    Prop. Total S.U.C. 3rd S.B. after Age 22

    300000

    380174

    3rd S.B. after Age 22

    Description

    Taken

    Your Input

    Maturity after Age 25

    ADB S.A. > than Basic S.A

    Bonus

    44

    48

    Total Amount
    Receivable

    7998.00

    No PWB, put 0

    L.A.

    Nett Receivable

    199950.00

    F.A.B.

    450

    550

    Natural Death Beneift

    For Jvn Nidhi Only

    Male

    Prepared By (put
    mouse)

    T.R. Can't be given, Make it ZERO

    Accidental Death Benefit

    Put MIN values in


    E12

    A.D.B. Can't be

    PARAMETERS (Automatically changes after selecting PLAN)


    832 - New Children Money Back
    Min & Max Entry Age 0 LBD to 12 LBD
    100000 & Max No Limit. With out Parents Insu: 500000 w/o PWB & 1000000
    Min & Max S.A.
    with PWB, can be given
    Min & Max Term PT & PPT=25 - Age at entry
    Mode Rebate Yly-2% ; Hly-1%
    Accident Benefit Can be included after age 18
    Term 13,14=1st yr=20%, 2,3=7.5, Sub=5. Term 15 &> 1st=25%, 2,3=7.5%,
    Agent's Commn
    Sub=5%
    UNDER-WRITING RULES:
    Age Proof Only Std Age Proofs
    Female Life All minor std lives
    N.R.I. & F.N.I.O. Juvenile lives of Grp 5,6,7 only allowed

    Max Mat Age Age 25


    S.A. Multiples 10000
    Mode Yly, Hly, Qly,ECS,SSS
    100000 to 190000=Nil ; 200000
    S.A. Rebate to 490000=2.00 ; 500000 &
    above=3.00
    Term Rider No. But PWB can give
    Loan YES
    Modified S.A. Basic S.A.

    D DETAILS

    PROPOSER DETAILS
    1500000

    e ZERO. Correct it

    dical

    NIL
    Benefits

    t S.B. after Age 18

    60,000

    d S.B. after Age 20

    60,000

    d S.B. after Age 22

    60,000

    d S.B. after Age 22

    60,000

    aturity after Age 25

    645,000

    Total Amount
    Receivable

    885,000

    Nett Receivable

    685,050

    Put MIN values in F12,F13,F14 shown in


    E12,E13,E14

    A.D.B. Can't be given, Make it ZERO

    Doubts
    NMG(P) is NSAP-I is allowed under non-medical
    Minor, if medical: Spl reports to be done, if any

    Rectifications
    817-Max age based on term

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