Mr Rajendra Bhagwan Modak

Deepali Deepak Sawant

Insurance Advisor
Flat No 201, Palmyra Complex, Nheru Nagar, Pimpri Pune-411018
Mobile-9762340061/9975698437, Email-dvs5352@gmail.com

This Presentation is Prepared for Private Circulation only.

Deepali Deepak Sawant

Insurance Advisor
Flat No 201, Palmyra Complex, Nheru Nagar, Pimpri Pune-411018
Mobile-9762340061/9975698437, Email-dvs5352@gmail.com
Name: Mr Rajendra Bhagwan Modak

Age: 44

Date: 28/12/2013

Plan 14: Endowment Policy With Profits

Introduction :
This is the most popular form of life assurance since it not only makes provision for the family of
the Life Assured in the event of his early death, but also assures a lump sum at any desired age.
The amount assured,if not paid by reason of his earlier death, becomes payable at the end of the
endowment term when it may be invested to provide an annuity during the remainder of his life or in
any other way he may think most suitable at the time.

Features
1.

Maturity Benefit : Sum Assured + Bonus is given. In addition, Final Additional Bonus is
also given , if Premium paid is for 17 years or more.
2. Death Benefit : On an unfortunate natural death, the nominee gets an amount equal to SA
plus accrued bonuses.
Final Additional Bonus is also given, if Premium paid is for 17 years or more.
3. Double Accident Benefit :- On death due to accident extra sum assured would be payable.
4. Permanent Disability Benefit :- In case of disability due to accident following would be payable.
* Future premiums are waived.
* Annuity for next 10 years = SA / 120. payable monthly.
* Insurance cover continues and maturity would be payable after completion of term .
5. Term Rider Benefit is available for extra risk cover on death. This benefit is available at
extra cost.
6. Critical Illness Rider Benefit is available. Covering Heart Attack, Stroke, Cancer, Kidney Failure,
Major Organ Transplant, Paralysis, 3rd Degree Burns, Blindness, Coronary Artery By-Pass Surgery
Heart Valve Replacement or Repair, Aorta Graft Surgery. This benefit is available at cost.
7. Loan can be taken against this policy.
8. Housing loan can be taken against this policy.
9. Policy can be assigned as security in bank, housing co. or any financial institute.
10.
Backdating of policy is allowed.
11.
Policy can be surrendered for its paid-up value after a period of 3 years.

This Presentation is Prepared for Private Circulation only.

You can't sip soup with a knife

Deepali Deepak Sawant

Insurance Advisor
Flat No 201, Palmyra Complex, Nheru Nagar, Pimpri Pune-411018
Mobile-9762340061/9975698437, Email-dvs5352@gmail.com
Name: Mr Rajendra Bhagwan Modak

Age: 44

Date: 28/12/2013

Presentation Details
Plan

Plan Name

Term /
PPT

Sum
Assured

Bonus

Mode

*Premium

Total
Prem's Paid

Maturity
Year

Maturity
Amount

14

Endowment Policy W

15/15

500000

38

Yly

36093

541395

2028

795000

14

Endowment Policy W

20/20

1000000

42

Yly

55018

1100360

2033

1910000

91111

1641755

Total :

1500000

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.
The FAB for Plan 14/15/15 is Rs. 20
The FAB for Plan 14/20/20 is Rs. 70

Rider Details
Plan

14
14

Term

15
20

PPT

15
20

Rider Name

Rider Sum

Rider
Term

Rider
Premium

Total Prem's
Paid

500000
1000000

15
20

500
1000

7500
20000

1500

27500

Double Accident Benefit

Double Accident Benefit

Total :

Agents Copy
Sr. DOC
No.

Pn / Tm /
PPT

1 28/12/2013 14/15/15
2 28/12/2013 14/20/20

Sum
Assured

500000
1000000

Mode
Yearly

Half Yearly

Quaterly

Monthly

36093
55018

18330
27942

9306
14188

3259
4970

3102
4729

91111

46272

23494

8229

7831

This Presentation is Prepared for Private Circulation only.

When your work speaks for itself, don't interrupt

SSS/ECS

Single

Per Day

0
0

98.88
150.73
250

No of
Inst.

0
0

Deepali Deepak Sawant

Insurance Advisor
Flat No 201, Palmyra Complex, Nheru Nagar, Pimpri Pune-411018
Mobile-9762340061/9975698437, Email-dvs5352@gmail.com
Name: Mr Rajendra Bhagwan Modak

Age: 44

Date: 28/12/2013

Annual Premium, Risk Cover and Loan Availability Details

Tax Slab: 10%
Year

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
Total:

Pr.
Age

Normal
Risk Cover

Accidental
Risk Cover

Annual
Premium

Tax
Saved

Net
Premium

Returns
From LIC

New Loan
Available

Total Loan
Available

44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64

1561000
1622000
1683000
1744000
1805000
1866000
1927000
1988000
2049000
2110000
2171000
2232000
2293000
2354000
2445000
1697000
1744000
1791000
1848000
1910000
0

3061000
3122000
3183000
3244000
3305000
3366000
3427000
3488000
3549000
3610000
3671000
3732000
3793000
3854000
3945000
2697000
2744000
2791000
2848000
2910000
0

91111
91111
91111
91111
91111
91111
91111
91111
91111
91111
91111
91111
91111
91111
91111
55018
55018
55018
55018
55018
0

9111
9111
9111
9111
9111
9111
9111
9111
9111
9111
9111
9111
9111
9111
9111
5502
5502
5502
5502
5502
0

82000
82000
82000
82000
82000
82000
82000
82000
82000
82000
82000
82000
82000
82000
82000
49516
49516
49516
49516
49516
0

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
795000
0
0
0
0
1910000

0
0
68549
82168
56980
64897
71265
80502
91229
103356
117243
128678
128946
181654
187579
109565
132952
150190
169665
191576
0

0
0
68549
150716
207697
272593
343859
424360
515589
618945
736188
864865
993811
1175465
1363044
840154
973106
1123296
1292960
1484537
0

1641755

164175

1477580

2705000

Note: 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.

This Presentation is Prepared for Private Circulation only.

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

Deepali Deepak Sawant

Insurance Advisor
Flat No 201, Palmyra Complex, Nheru Nagar, Pimpri Pune-411018
Mobile-9762340061/9975698437, Email-dvs5352@gmail.com
Name: Mr Rajendra Bhagwan Modak

Age: 44

Date: 28/12/2013

Nobody Plans to Fail

They Just Fail to Plan
Investment CASH FLOW

Tax Slab: 10%

Year

Age

Normal
Lifecover

Accident
Lifecover

Annual
Premium

Tax
Saved

Net
Premium

Returns
from LIC

Net Returns

Surrender
Value

Total Loan
Available

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033

44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64

1561000
1622000
1683000
1744000
1805000
1866000
1927000
1988000
2049000
2110000
2171000
2232000
2293000
2354000
2445000
1697000
1744000
1791000
1848000
1910000
0

3061000
3122000
3183000
3244000
3305000
3366000
3427000
3488000
3549000
3610000
3671000
3732000
3793000
3854000
3945000
2697000
2744000
2791000
2848000
2910000
0

91111
91111
91111
91111
91111
91111
91111
91111
91111
91111
91111
91111
91111
91111
91111
55018
55018
55018
55018
55018
0

9111
9111
9111
9111
9111
9111
9111
9111
9111
9111
9111
9111
9111
9111
9111
5502
5502
5502
5502
5502
0

82000
82000
82000
82000
82000
82000
82000
82000
82000
82000
82000
82000
82000
82000
82000
49516
49516
49516
49516
49516
0

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
795000
0
0
0
0
1910000

-82000
-82000
-82000
-82000
-82000
-82000
-82000
-82000
-82000
-82000
-82000
-82000
-82000
-82000
-82000
745484
-49516
-49516
-49516
-49516
1910000

0
0
76165
167463
230774
302881
382065
471512
572877
687717
817986
960961
1104234
1306072
1514493
933504
1081229
1248106
1436623
1649485
0

0
0
68549
150716
207697
272593
343859
424360
515589
618945
736188
864865
993811
1175465
1363044
840154
973106
1123296
1292960
1484537
0

1641755

164175

1477580

2705000

1227420

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 6.10% with tax benefit.
(*) The above illustration gives an effective yield of 5.08% without tax benefit.

This Presentation is Prepared for Private Circulation only.

The greatest failure is the failure to try

maturity date.

Deepali Deepak Sawant

Insurance Advisor
Flat No 201, Palmyra Complex, Nheru Nagar, Pimpri Pune-411018
Mobile-9762340061/9975698437, Email-dvs5352@gmail.com
Name: Mr Rajendra Bhagwan Modak

Age: 44

Date: 28/12/2013

Summary

Maximum Risk Cover (Normal) 2445000

Maximum Risk Cover (Accidental) 3945000
Total Premium Paid 1641755
Total Tax Saved u/s 80C 164175
NetPremium 1477580
Returns (Maturity and Survival) 2705000
Compounded Value Of Returns 2705000
Additional Gain by Loan Recycling 0
Net Amount In Hand On 28/12/2033 2705000
Yield WithOut Tax Benefit 5.08
Yield With Tax Benefit 6.10

FAB
Breakup of Returns
Sum Assured & Survival's
Bonus
Final Additional Bonus

2.96%

1500000
1125000
80000

Bonus

41.59%

55.45%

This Presentation is Prepared for Private Circulation only.

People are lonely they build walls instead of bridges

Sum
Assured