RATHOD SHAILESHKUMAR AMARSINH

Insurance Consultant
Lic Of India, Infocity Super Mall-ll
Gandhinagar., Pin:-382007
Tel Nos:-079-23213162, 079-23213163
Mobile:-09978111172
EMail:- shaileshkumar.rathod01@gmail.com, WebSite:- http://www.licindia.in
7/12/2013

Quotation Multi Plan

Quotation No :

QMPMS3110211813

Quotation Date :

7/12/2013

Name :

Mihir Shah

Annual Income :

300000

Date of Birth :

10/02/1983

Required Upto :

7/12/2082

Age :

31

Plan Name: Jeevan Tarang

Sr.

Year

Pl /Tm/Pt Plan Name

Sum

Mode

DAB

*B.Rate

Premium Maturity
Date

Total

/ G.Add.

No.
2013

178/20/20

* B.Rate :- Bonus Rate

500000 Yearly

500

48

24610 7/12/2082

500000

500

48

24610

Jeevan Tarang

Total Plans: 1

Premium
492200

492200

p.a.

; G.Add.:-Guaranteed Addition

Modewise Premium

Premium
Sr No

Sum

Pl / Tm / Pt

SSS
1

Quarterly

Half Yearly

Return of Premium's
Bonus/Guranted Adition
Final Additional Bonus
Net Amount In Hand

Single

2094

2201

6281

12434

24610

500000

2094

2201

6281

12434

24610

On Survival

On Normal Death

On Acc Death

Suvival Benefit
Year

Sum Assured

Yearly

500000

178/20/20

Maturity Details

Monthly

Rs
Rs
Rs
Rs
Rs

Effective Yield

500000

500000

+
Accured Bonus
Guranteed Additions
(if any)
FAB (if any)
Loyalty Additions (if
any)

480000
0
1800000
6.44

Amount

1000000
+
Accured Bonus
Guranteed
Additions (if any)
FAB (if any)
Loyalty Additions
(if any)

2034

27500

2035

27500

2036

27500

2037

27500

2038

27500

Survival Amount of Rs. 0 will be paid every year till 100 years of age for Jeevan Tarang
Total Survival Amount for Jeevan Tarang : Rs. 1320000
Section 37 of The Life Insurance Corporation Act, 1956 :Policies to be guaranteed by central government : The sums assured by all policies issued by the Corporation including any bonuses
declared in respect there of and, subject to the provisions contained in Section 14 the amounts assured by all the policies issued by
any insurer the liabilities under which have vested in the Corporation under this Act, and all bonuses declared in respect thereof,
whether before or after the appointed day, shall be guaranteed as to payment in cash by the Central Government.

Special Note
Plan No.- 178 Plan Name - Jeevan Tarang

This plan is available for terms 10,15,20 years.

Being a Whole Life Plan,it covers Maturity,SB of the policy.
During the accumulation period policies shall be entitled to receive simple reversionary bonuses which will be payable on survival to
the end of the Accumulation Period or on earlier death.

Insurance is the subject matter of solicitation.

Disclaimer : It may be noted that above calculations are based on the assumption that corporation will continuously offer a simple
reversionary bonus per thousand sum assured per annum till the date of maturity if applicable. However, bonus declared shall vary
depending upon the performance of the corporation and also general interest rates. It is assumed that rebate under section 80C
will continue till maturity.

RATHOD SHAILESHKUMAR AMARSINH

7/12/2013

Quotation Multi Plan

Quotation No :

QMPMS3110211813

Quotation Date :

7/12/2013

Name :

Mihir Shah

Annual Income :

300000

Date of Birth :

10/02/1983

Required Upto :

7/12/2082

Age :

31

Plan Name: Jeevan Tarang

Yearwise Details
Yrs

Age

Risk Cover
Normal

Accidental

Annual

Tax

Premium

Saved

Premium

Net

Return From
LIC

A.R.A.P.

**

Surrender
Value

Total
Loan

24610

2461

22149

-24610

24610

2461

22149

-24610

24610

2461

22149

-24610

19448

17500

24610

2461

22149

-24610

48005

43250

24610

2461

22149

-24610

66433

59750

24610

2461

22149

-24610

87399

78750

24610

2461

22149

-24610

111203

100000

24610

2461

22149

-24610

138147

124250

24610

2461

22149

-24610

168635

151750

24610

2461

22149

-24610

203036

182750

24610

2461

22149

-24610

241741

217500

24610

2461

22149

-24610

280872

252750

24610

2461

22149

-24610

324890

292500

24610

2461

22149

-24610

374692

337250

24610

2461

22149

-24610

431364

388250

24610

2461

22149

-24610

496128

446500

24610

2461

22149

-24610

574714

517250

24610

2461

22149

-24610

663491

597250

24610

2461

22149

-24610

763785

687500

24610

2461

22149

-24610

877034

789250

480000

480000

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

1024000
2013

30

524000

2014

31

548000

2015

32

572000

2016

33

596000

2017

34

620000

2018

35

644000

2019

36

668000

2020

37

692000

1048000
1072000
1096000
1120000
1144000
1168000
1192000
1216000
2021

38

716000

2022

39

740000

2023

40

764000

2024

41

788000

2025

42

812000

2026

43

836000

1240000
1264000
1288000
1312000
1336000
1370000
2027

44

870000

2028

45

894000

2029

46

918000

2030

47

942000

2031

48

966000

2032

49

1000000

1394000
1418000
1442000
1466000
1500000
500000
2033

50

500000

2034

51

500000

2035

52

500000

2036

53

500000

2037

54

500000

2038

55

500000

500000
500000
500000
500000
500000
500000
2039

56

500000

2040

57

500000

2041

58

500000

2042

59

500000

2043

60

500000

500000
500000
500000
500000
500000
2044

61

500000

2045

62

500000

2046

63

500000

2047

64

500000

2048

65

500000

2049

66

500000

500000
500000
500000
500000
500000
500000
2050

67

500000

2051

68

500000

2052

69

500000

2053

70

500000

500000
500000
500000

Insurance is the subject matter of solicitation.

Disclaimer : It may be noted that above calculations are based on the assumption that corporation will continuously offer a simple
reversionary bonus per thousand sum assured per annum till the date of maturity if applicable. However, bonus declared shall vary
depending upon the performance of the corporation and also general interest rates. It is assumed that rebate under section 80C
will continue till maturity.

RATHOD SHAILESHKUMAR AMARSINH

7/12/2013

Quotation Multi Plan

Quotation No :

QMPMS3110211813

Quotation Date :

7/12/2013

Name :

Mihir Shah

Annual Income :

300000

Date of Birth :

10/02/1983

Required Upto :

7/12/2082

Age :

31

Plan Name: Jeevan Tarang

Yrs

Age

Risk Cover
Normal

Accidental

Annual

Tax

Premium

Saved

Premium

Net

Return From
LIC

A.R.A.P.

**

Surrender
Value

Total
Loan

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

27500

27500

450000

405000

450000

405000

492200

49220

442980

1800000

1307800

500000
2054

71

500000

2055

72

500000

2056

73

500000

2057

74

500000

500000
500000
500000
500000
2058

75

500000

2059

76

500000

2060

77

500000

2061

78

500000

2062

79

500000

2063

80

500000

500000
500000
500000
500000
500000
500000
2064

81

500000

2065

82

500000

2066

83

500000

2067

84

500000

2068

85

500000

500000
500000
500000
500000
500000
2069

86

500000

2070

87

500000

2071

88

500000

2072

89

500000

2073

90

500000

2074

91

500000

500000
500000
500000
500000
500000
500000
2075

92

500000

2076

93

500000

2077

94

500000

2078

95

500000

2079

96

500000

2080

97

500000

500000
500000
500000
500000
500000
500000
2081

98

500000

2082

99

** Adjustment of Returns against Annual Premium.

Insurance is the subject matter of solicitation.

Disclaimer : It may be noted that above calculations are based on the assumption that corporation will continuously offer a simple
reversionary bonus per thousand sum assured per annum till the date of maturity if applicable. However, bonus declared shall vary
depending upon the performance of the corporation and also general interest rates. It is assumed that rebate under section 80C
will continue till maturity.

RATHOD SHAILESHKUMAR AMARSINH

7/12/2013

Quotation Multi Plan

Quotation No :

QMPMS3110211813

Quotation Date :

7/12/2013

Name :

Mihir Shah

Annual Income :

300000

Date of Birth :

10/02/1983

Required Upto :

7/12/2082

Age :

31

Plan Name: Jeevan Tarang

Summary Of Proposed Insurance
Maximum Risk Cover (Normal) : Rs

1000000

Maximum Risk Cover (Accidental) : Rs

1500000

Total Premium Paid : Rs

492200

Tax Saved On Premium : Rs

49220

Net Premium Paid : Rs

442980

Proceeds From LIC By Way Of Maturity / Survival Benefit : Rs

1800000

Net Amount In Hand : Rs

1800000

Summary Of Return from L.I.C.

Sum Assured : Rs

500000

Return of Premium's : Rs

Bonus/Guranted Adition : Rs

480000

Final Additional Bonus : Rs

Total Survival Amount : Rs

1320000

Cash Value:

Net Amount In Hand : Rs

1800000

Yield On Investment(On Net Premium) : 6.44 %

Yield On Investment(On Actual Premium) : 5.71 %

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

Special Medical Requirements

Nil

Insurance is the subject matter of solicitation.

Disclaimer : It may be noted that above calculations are based on the assumption that corporation will continuously offer a simple
reversionary bonus per thousand sum assured per annum till the date of maturity if applicable. However, bonus declared shall vary
depending upon the performance of the corporation and also general interest rates. It is assumed that rebate under section 80C
will continue till maturity.

RATHOD SHAILESHKUMAR AMARSINH

7/12/2013

Quotation Multi Plan

Quotation No :

QMPMS3110211813

Quotation Date :

7/12/2013

Name :

Mihir Shah

Annual Income :

300000

Date of Birth :

10/02/1983

Required Upto :

7/12/2082

Age :

31

Plan Name: Jeevan Tarang

Risk
Cover

Age

Insurance is the subject matter of solicitation.

Disclaimer : It may be noted that above calculations are based on the assumption that corporation will continuously offer a simple
reversionary bonus per thousand sum assured per annum till the date of maturity if applicable. However, bonus declared shall vary
depending upon the performance of the corporation and also general interest rates. It is assumed that rebate under section 80C
will continue till maturity.

RATHOD SHAILESHKUMAR AMARSINH

7/12/2013

Quotation Multi Plan

Quotation No :

QMPMS3110211813

Quotation Date :

7/12/2013

Name :

Mihir Shah

Annual Income :

300000

Date of Birth :

10/02/1983

Required Upto :

7/12/2082

Age :

31

Plan Name: Jeevan Tarang

Insurance is the subject matter of solicitation.

Disclaimer : It may be noted that above calculations are based on the assumption that corporation will continuously offer a simple
reversionary bonus per thousand sum assured per annum till the date of maturity if applicable. However, bonus declared shall vary
depending upon the performance of the corporation and also general interest rates. It is assumed that rebate under section 80C
will continue till maturity.