Insurance Proposal for

Mr. DHILIP
for Annual Income of Rs. 100000/-

from age 58 to 67

Presented by
G.SUBBURAM
LIC-CONSULTANT
4-K SHARAVANA SIGNATURE SUITE, DR.AMBEDKAR ROAD,
VELANDIPALAYAM, COIMBATORE-641 025
Tel: 0422-4202489, CELL: 98422 54054,98428 54094
e.mail id : gsubburam@yahoo.co.in
 Presented by
G.SUBBURAM
LIC-CONSULTANT
4-K SHARAVANA SIGNATURE SUITE, DR.AMBEDKAR ROAD,
VELANDIPALAYAM, COIMBATORE-641 025
Tel: 0422-4202489, CELL: 98422 54054,98428 54094
e.mail id : gsubburam@yahoo.co.in

Overview of Insurance & Retirement Plan for

Mr. DHILIP

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.28613/- p.a. from your own
funds till your age of 57 years. This proposal provides
for a high riskcover of Rs.1045000/- starting at age 28
and growing to Rs.3450000/- at age 58.

In the year 2041 when you will be 58 years of age, you

will start receiving annual tax free income every year till
67 years of your age. Income starts at Rs. 328307 per
annum and increases by approximately 5.00 % every
year to take care of inflating costs of living. There is a
provision of risk cover during this period too. In case of
death during this period lump sum amount corresponding
to the prevailing risk cover will be paid to your nominee.

No premiums are payable from own fund after deferment

period, that is, after age 57.

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-2008. 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 8.97 % (calculated as per IRR method).
 G.SUBBURAM
LIC-CONSULTANT

4-K SHARAVANA SIGNATURE SUITE, DR.AMBEDKAR ROAD,

VELANDIPALAYAM, COIMBATORE-641 025
Tel: 0422-4202489, CELL: 98422 54054,98428 54094
e.mail id : gsubburam@yahoo.co.in

MagicPlan - Retire And Enjoy - II

Quotation Ref.No. : 019 Quotation Date : 25/04/2011

Proposer’s Name : Mr. DHILIP Proposer’s Age : 28 (nearer birthday)

Sum Proposed : 1000000 Yearly Premium : 28613

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

Benefits During Deferment Period

Risk Cover Yearly Tax Nett Loan

Year Age Premium Saved Premium Available
Normal Accident
2011 28 1045000 1545000 28613 9726 18887 0
2012 29 1090000 1590000 28613 9726 18887 0
2013 30 1135000 1635000 28613 9726 18887 10750
2014 31 1180000 1680000 28613 9726 18887 26000
2015 32 1225000 1725000 28613 9726 18887 37250
2016 33 1270000 1770000 28613 9726 18887 50500
2017 34 1315000 1815000 28613 9726 18887 65250
2018 35 1360000 1860000 28613 9726 18887 81500
2019 36 1405000 1905000 28613 9726 18887 100250
2020 37 1450000 1950000 28613 9726 18887 121000
2021 38 1495000 1995000 28613 9726 18887 144000
2022 39 1540000 2040000 28613 9726 18887 169750
2023 40 1585000 2085000 28613 9726 18887 198500
2024 41 1630000 2130000 28613 9726 18887 230750
2025 42 1695000 2195000 28613 9726 18887 266000
2026 43 1760000 2260000 28613 9726 18887 305750
2027 44 1820000 2320000 28613 9726 18887 348750
2028 45 1890000 2390000 28613 9726 18887 396000
2029 46 1965000 2465000 28613 9726 18887 450500
2030 47 2100000 2600000 28613 9726 18887 509000
2031 48 2225000 2725000 28613 9726 18887 573750
2032 49 2350000 2850000 28613 9726 18887 643500
2033 50 2475000 2975000 28613 9726 18887 719500
2034 51 2600000 3100000 28613 9726 18887 802000
2035 52 2725000 3225000 28613 9726 18887 892750
2036 53 2870000 3370000 28613 9726 18887 991750
2037 54 3015000 3515000 28613 9726 18887 1101750
2038 55 3160000 3660000 28613 9726 18887 1224750
2039 56 3305000 3805000 28613 9726 18887 1361250
2040 57 3450000 3950000 28613 9726 18887 1514750

858390 291780 566610

* The above projection is based on assumptions enumerated on the page titled "Benefits during the Retirement Period".
 G.SUBBURAM
LIC-CONSULTANT

4-K SHARAVANA SIGNATURE SUITE, DR.AMBEDKAR ROAD,

VELANDIPALAYAM, COIMBATORE-641 025
Tel: 0422-4202489, CELL: 98422 54054,98428 54094
e.mail id : gsubburam@yahoo.co.in

MagicPlan - Retire And Enjoy - II

Quotation Ref.No. : 019 Quotation Date : 25/04/2011

Proposer’s Name : Mr. DHILIP Proposer’s Age : 28 (nearer birthday)

Sum Proposed : 1000000 Yearly Premium : 28613

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

Benefits during the Retirement Period

Returns From LIC

Risk Cover Yearly Tax Nett Desired Amount Used for Nett Loan
Year Age Normal Accident Premium Saved Premium Income Received Prem. Pymt. Receivable Available

2041 58 3353500 3853500 25289 8596 16693 100000 345000 16693 328307 1474750
2042 59 3224000 3724000 22101 7512 14589 105000 361500 14589 346911 1424500
2043 60 3061500 3561500 19039 6471 12568 110250 378000 12568 365432 1361500
2044 61 2866000 3366000 16093 5470 10623 115763 394500 10623 383877 1287000
2045 62 2637500 3137500 13259 4507 8752 121551 411000 8752 402248 1196000
2046 63 2376000 2776000 10427 3544 6883 127628 427500 6883 420617 1089750
2047 64 2081500 2381500 7692 2614 5078 134010 444000 5078 438922 963500
2048 65 1754000 1954000 5044 1714 3330 140710 460500 3330 457170 812750
2049 66 1393500 1493500 2483 844 1639 147746 477000 1639 475361 638250
2050 67 1000000 1000000 0 0 0 155133 493500 0 493500 432500

121427 4192500 80155 4112345

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-2008 . 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 Riskcover of Rs. 1,000,000.00 will continue till life time.

u The effective yield in the above proposal works out to 8.97 % (calculated as per IRR method).
u IRR does not consider the death benefit after age 67.
u The nett annuity is increasing every year to take care of the inflation @ 5.00 % (approximately).
 G.SUBBURAM
LIC-CONSULTANT

4-K SHARAVANA SIGNATURE SUITE, DR.AMBEDKAR ROAD,

VELANDIPALAYAM, COIMBATORE-641 025
Tel: 0422-4202489, CELL: 98422 54054,98428 54094
e.mail id : gsubburam@yahoo.co.in

MagicPlan - Retire And Enjoy - II

Quotation Ref.No. : 019 Quotation Date : 25/04/2011

Proposer’s Name : Mr. DHILIP Proposer’s Age : 28 (ANB)

Sum Proposed : 1000000

Benefits After Retirement Age

Risk Cover
Year Age Normal Accident Cash Value Loan Available

2051 68 1000000 1000000 497400 447500

2052 69 1000000 1000000 513000 462500
2053 70 1000000 1000000 528500 475000
2054 71 1000000 1000000 543900 490000
2055 72 1000000 1000000 559200 502500
2056 73 1000000 1000000 574300 517500
2057 74 1000000 1000000 589200 530000
2058 75 1000000 1000000 603800 542500
2059 76 1000000 1000000 618200 557500
2060 77 1000000 1000000 632400 570000
2061 78 1000000 1000000 646200 582500
2062 79 1000000 1000000 659800 595000
2063 80 1000000 1000000 673000 605000
2064 81 1000000 1000000 685800 617500
2065 82 1000000 1000000 698300 627500
2066 83 1000000 1000000 710400 640000
2067 84 1000000 1000000 722100 650000
2068 85 1000000 1000000 733500 660000
2069 86 1000000 1000000 744400 670000
2070 87 1000000 1000000 755000 680000
2071 88 1000000 1000000 765200 687500
2072 89 1000000 1000000 775400 697500
2073 90 1000000 1000000 785200 707500
2074 91 1000000 1000000 795200 715000
2075 92 1000000 1000000 805100 725000
2076 93 1000000 1000000 815300 735000
2077 94 1000000 1000000 828300 745000
2078 95 1000000 1000000 839700 755000
2079 96 1000000 1000000 861300 775000
2080 97 1000000 1000000 882400 795000
2081 98 1000000 1000000 931000 837500
2082 99 1000000 1000000 0 0
2083 100 1000000 1000000 0 0
 G.SUBBURAM
LIC-CONSULTANT

4-K SHARAVANA SIGNATURE SUITE, DR.AMBEDKAR ROAD,

VELANDIPALAYAM, COIMBATORE-641 025
Tel: 0422-4202489, CELL: 98422 54054,98428 54094
e.mail id : gsubburam@yahoo.co.in

MagicPlan - Retire And Enjoy - II

Quotation Ref.No. : 019 Quotation Date : 25/04/2011

Proposer’s Name : Mr. DHILIP Proposer’s DOB : 15/08/1983 Age : 28 (ANB)

Sum Proposed : 1000000 Yearly Premium : 28613

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

Agent's Copy

Sr. DAB Interim * Bonus #Assu PREMIUM

No. Plan/Tm/PPT Sum Sum Bonus Rate Step FAB SSS Mly. Qly. Hly. Yly.
Rate Rate

1 149/30/30 100000 0 45 45 0.00 1100 286 301 857 1689 3324

2 149/31/31 100000 0 45 45 0.00 1220 274 288 822 1620 3188
3 149/32/32 100000 0 45 45 0.00 1340 263 277 790 1556 3062
4 149/33/33 100000 0 45 45 0.00 1460 253 266 760 1496 2946
5 149/34/34 100000 0 45 45 0.00 1580 244 256 731 1440 2834
6 149/35/35 100000 100000 45 45 0.00 1700 243 255 730 1438 2832
7 149/36/36 100000 100000 45 45 0.00 1820 235 247 705 1389 2735
8 149/37/37 100000 100000 45 45 0.00 1940 227 239 682 1345 2648
9 149/38/38 100000 100000 45 45 0.00 2060 220 231 660 1300 2561
10 149/39/39 100000 100000 45 45 0.00 2180 213 224 640 1261 2483

1000000 500000 2458 2584 7377 14534 28613

1. '*' : - Assuming LIC will declare the above mentioned bonus rates for the year ended 31-Mar-2009.
2. '#' : - Assuming that bonus rate declared by LIC will increase/decrease per year by step rate mentioned above.