Insurance Proposal for

Mr. T. ASHOK KUMAR

for Annual Income of Rs. 129000/-

from age 56 to 75

Presented by
V. THIAGARAJAN
Family Investment Consultant
No : 100, Sri Padmavathi Nagar,
Vinayagapuram, Chennai - 600099
Mobile : 94441 09708
E-Mail : vasu_thiagu@yahoo.com
 Presented by
V. THIAGARAJAN
Family Investment Consultant
No : 100, Sri Padmavathi Nagar,
Vinayagapuram, Chennai - 600099
Mobile : 94441 09708
E-Mail : vasu_thiagu@yahoo.com

Overview of Insurance & Retirement Plan for

Mr. T. ASHOK KUMAR

The objective of this proposal is to provide financial security to your family during your
productive span and a happy independent retired lifestyle for yourself and your spouse
when you decide to retire.

Under this insurance proposal you will need to make

premium payments of Rs.38057/- p.a. from your own
funds till your age of 55 years. This proposal provides
for a high riskcover of Rs.1259800/- starting at age 31
and growing to Rs.3405000/- upto age 56.

In the year 2036 when you become 56 years of age,

this plan will provide for regular tax-free income to
support your comfortable retired life till age 75. The
income has been planned such that it takes care of
inflation of 5% every year. Additionally, this plan also
keeps your life covered in this period. In case of death
during this period a lumpsum amount shall be paid to
your nominee.

No premiums are payable from own fund after deferment

period, that is, after age 55.

In the event of any emergency or financial difficulties,

there is a provision under this Magic Plan to provide loan
against the insurance policy. The loan is available after 2
years of completion of the policy and payment of 3 yearly
premiums.

Premiums are available for exemption under sec.80 CCE of

income tax act upto Rs.100000/- per annum.

Disclaimer
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 have been calculated on the basis of interim bonuses declared by LIC for the
year ended 31-Mar-2009. Actual results may deviate depending on the future bonuses declared by LIC.
u Loan calculation is done on the basis of present surrender value rates.

u The effective yield in the above proposal works out to 8.71 % (calculated as per IRR method).
 V. THIAGARAJAN
Family Investment Consultant

No : 100, Sri Padmavathi Nagar,

Vinayagapuram, Chennai - 600099
Mobile : 94441 09708
E-Mail : vasu_thiagu@yahoo.com

MagicPlan - Retire And Enjoy - V

Quotation Ref.No. : 2011-Ashok Quotation Date : 13/04/2011

Proposer’s Name : Mr. T. ASHOK KUMAR Proposer’s Age : 31 (nearer birthday)

Sum Proposed : 1200000 Yearly Premium : 38057

Sec.80 CCE Invt. Lmt. : 100000 Sec.80 CCE Tax Rebate : 33.99 %

Benefits During Deferment Period

Risk Cover Yearly Loan

Year Age Normal Accident Premium Available

2011 31 1259800 2459800 38057 0

2012 32 1319600 2519600 38057 0
2013 33 1379400 2579400 38057 12500
2014 34 1439200 2639200 38057 42750
2015 35 1499000 2699000 38057 60750
2016 36 1558800 2758800 38057 80000
2017 37 1618600 2818600 38057 100250
2018 38 1678400 2878400 38057 121500
2019 39 1738200 2938200 38057 145000
2020 40 1798000 2998000 38057 170000
2021 41 1857800 3057800 38057 198000
2022 42 1917600 3117600 38057 226500
2023 43 1977400 3177400 38057 260250
2024 44 2037200 3237200 38057 296750
2025 45 2119000 3319000 38057 337000
2026 46 2200800 3400800 38057 380750
2027 47 2279100 3479100 38057 429250
2028 48 2367900 3567900 38057 481750
2029 49 2462700 3662700 38057 540500
2030 50 2628000 3828000 38057 605500
2031 51 2783400 3983400 38057 677000
2032 52 2938800 4138800 38057 756500
2033 53 3094200 4294200 38057 843750
2034 54 3249600 4449600 38057 943000
2035 55 3405000 4605000 38057 1057000

951425

* The above projection is based on assumptions enumerated on the page titled "Benefits during the Retirement Period".
 V. THIAGARAJAN
Family Investment Consultant

No : 100, Sri Padmavathi Nagar,

Vinayagapuram, Chennai - 600099
Mobile : 94441 09708
E-Mail : vasu_thiagu@yahoo.com

MagicPlan - Retire And Enjoy - V

Quotation Ref.No. : 2011-Ashok Quotation Date : 13/04/2011

Proposer’s Name : Mr. T. ASHOK KUMAR Proposer’s Age : 31 (nearer birthday)

Sum Proposed : 1200000 Yearly Premium : 38057

Sec.80 CCE Invt. Lmt. : 100000 Sec.80 CCE Tax Rebate : 33.99 %

Benefits during the Retirement Period

Risk Cover Yearly Desired Existing Existing Returns Prem. Nett Loan
Yr Age Normal Accident Premium Income Cash In Cash Out From L.I.C. Pymt. Surplus Available
36 56 3428720 4468720 32441 129000 0 0 168000 32441 135559 1059750
37 57 3432280 4412280 30077 135450 0 0 178080 30077 148003 1057000
38 58 3432200 4357200 27987 142222 0 0 172480 27987 144493 1061000
39 59 3413640 4283640 25967 149333 0 0 181720 25967 155753 1062000
40 60 3376600 4191600 24011 156800 0 0 190960 24011 166949 1057750
41 61 3341280 4101280 22113 164640 0 0 200200 22113 178087 1048500
42 62 3280280 3985280 20310 172872 0 0 210540 20310 190230 1035000
43 63 3203600 3853600 18552 181516 0 0 220880 18552 202328 1015250
44 64 3106240 3701240 16834 190592 0 0 231220 16834 214386 990250
45 65 2988200 3528200 15153 200122 0 0 241560 15153 226407 958500
46 66 2878580 3363580 13507 210128 0 0 251900 13507 238393 920750
47 67 2741680 3171680 11893 220634 0 0 265540 11893 253647 876000
48 68 2582500 2957500 10309 231666 0 0 279180 10309 268871 824250
49 69 2396040 2716040 8751 243249 0 0 292820 8751 284069 764500
50 70 2210400 2210400 7307 255411 0 0 263600 7307 256293 709250
51 71 1951960 1951960 5662 268182 0 0 276000 5662 270338 647250
52 72 1646890 1646890 4223 281591 0 0 319990 4223 315767 562000
53 73 1336540 1336540 2800 295671 0 0 322630 2800 319830 464000
54 74 1020910 1020910 1393 310455 0 0 325270 1393 323877 352250
55 75 700000 700000 0 325978 0 0 327910 0 327910 218000
60 80 0 0 0 0 0 0 728000 0 728000 0

299290 0 0 5648480 299290 5349190

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 have been calculated on the basis of interim bonuses declared by LIC for the year
ended 31-Mar-2009 . Actual results may deviate depending on the future bonuses declared by LIC.
u Loan calculation is done on the basis of present surrender value rates.
u The effective yield in the above proposal (based on maturity benefits) works out to 8.71 % (calculated as per IRR method ).
u The nett annuity is increasing every year to take care of the inflation @ 5.00 % (approximately).