Jeevan Lakshya - 933

Advantages
* Jeevan Lakshya is a limited premium paying conventional profit linked Endowment Assurance plan
which provides Annual Income Benefit to fulfill the family requirements.
* In case of death of the policy holder takes place prior to the maturity, 10% of the basic
sum assured will be paid on every policy anniversary, further it also provides a lump sum amount
at the time of maturity regardless of survival of the policyholder.
* Death Benefit:
In case of unfortunate event of death of policy holder happens during the policy term, 10% of the
basic sum assured amount will be given to the nominee on every policy anniversary from the year of
death till the date of maturity.
* Maturity: If policy holder survives till the end of the policy term having paid all due premiums,
the benefits from the policy would be:
Basic Sum Assured + Vested Simple Revisionary bonuses + Final Additional bonus (if any)

Presented by:
Subhash Kumar

12/56, Desh bandhu Gupta Road ,

Karol Bagh ,
New Delhi -110006
+91 9899147231
 Jeevan Lakshya - 933
LIC's Jeevan Lakshya Plan is a participating non-linked plan which offers an
attractive combination of protection and savings. This plan provides for Annual
Income benefit that may help to fulfill the needs of the family, primarily for
the benefit of children, in case of unfortunate death of Policyholder any time
Table No. before maturity and a lump sum amount at the time of maturity irrespective of

933 survival of the Policyholder. This plan also takes care of liquidity needs
through its loan facility.

Release Date

01/03/2015
Basic Sum Assured, along with vested Simple Reversionary Bonuses and Final Additional
Maturity Benefits Bonus,if any, shall be payable in lump sum on survival to the end of the
policy term provided all due premiums have been paid.

On death of the Life Assured before the stipulated Date of Maturity provided the policy is
in full force by paying upto-date premiums, Death Benefit, defined as sum of Sum Assured
Death Benefits
on Death vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable.
Assured Absolute Amount equal to 110% of Basic Sum Assured, which shall be payable on
due date of maturity

The Guaranteed Surrender Value during the policy term shall be a percentage of total
premiums paid (net of taxes) excluding extra premiums and premiums for riders opted for.
GSV & SSV Benefits
This percentage will depend on policy year in which the policy is surrendered.
Corporation may, however, pay Special Surrender Value as applicable as on the date
of surrender, provided the same is higher than Guaranteed Surrender Value.

Disclaimer : The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the

proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.
 Plan Summary

Premium
First Year Premium Rs. 43,638
Rest Of Year Premium Rs. 42,699

Tax Saved
Total Term Premium Paid Rs. 9,40,317
Total Tax Saved Rs. 188068

Maximum Risk Cover

Maximum Risk Cover Rs. 61,75,000
Minimum Risk Cover 37,75,000

Returns
Total Amount Received Rs. 26,75,000
 This Presentation is Specially
Subhash Kumar
Prepared For:

12/56, Desh bandhu Gupta Road , Name: Mr. ABC

Karol Bagh ,
New Delhi -110006 Age: 30
+91 9899147231

Year Age Risk Cover Premium Tax Net Surrender Loan Maturity
Saved Premium Value Value Value
Normal Accidental

2020 30 51,75,000 61,75,000 43,638 8,728 34,910 0 0 0

2021 31 50,75,000 60,75,000 42,699 8,540 34,159 25,055 22,550 0

2022 32 49,75,000 59,75,000 42,699 8,540 34,159 66,309 59,678 0

2023 33 48,75,000 58,75,000 42,699 8,540 34,159 1,13,741 1,02,367 0

2024 34 47,75,000 57,75,000 42,699 8,540 34,159 1,42,495 1,28,246 0

2025 35 46,75,000 56,75,000 42,699 8,540 34,159 1,71,494 1,54,344 0

2026 36 45,75,000 55,75,000 42,699 8,540 34,159 2,00,796 1,80,717 0

2027 37 44,75,000 54,75,000 42,699 8,540 34,159 2,36,498 2,12,848 0

2028 38 43,75,000 53,75,000 42,699 8,540 34,159 2,74,300 2,46,870 0

2029 39 42,75,000 52,75,000 42,699 8,540 34,159 3,14,333 2,82,899 0

2030 40 41,75,000 51,75,000 42,699 8,540 34,159 3,56,861 3,21,175 0

2031 41 40,75,000 50,75,000 42,699 8,540 34,159 3,98,122 3,58,310 0

2032 42 39,75,000 49,75,000 42,699 8,540 34,159 4,41,417 3,97,276 0

2033 43 38,75,000 48,75,000 42,699 8,540 34,159 4,86,965 4,38,269 0

2034 44 37,75,000 47,75,000 42,699 8,540 34,159 5,35,114 4,81,603 0

2035 45 36,75,000 46,75,000 42,699 8,540 34,159 5,85,997 5,27,398 0

2036 46 35,75,000 45,75,000 42,699 8,540 34,159 6,40,019 5,76,017 0

2037 47 34,75,000 44,75,000 42,699 8,540 34,159 6,97,511 6,27,760 0

2038 48 33,75,000 43,75,000 42,699 8,540 34,159 7,58,871 6,82,984 0

2039 49 32,75,000 42,75,000 42,699 8,540 34,159 8,24,682 7,42,214 0

2040 50 31,75,000 41,75,000 42,699 8,540 34,159 8,95,741 8,06,167 0

2041 51 30,75,000 40,75,000 42,699 8,540 34,159 9,72,567 8,75,311 0

2042 52 29,75,000 39,75,000 0 0 0 3,04,966 2,74,470 0

2043 53 28,75,000 38,75,000 0 0 0 3,52,800 3,17,520 0

2044 54 27,75,000 37,75,000 0 0 0 4,28,750 3,85,875 0

2045 55 0 0 0 0 0 0 0 26,75,000

Total 9,40,317 1,88,068 7,52,249 26,75,000

Disclaimer : The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.
 This Presentation is Specially
Subhash Kumar
Prepared For:

12/56, Desh bandhu Gupta Road , Name: Mr. ABC

Karol Bagh ,
New Delhi -110006 Age: 30
+91 9899147231

How To Calculate Risk Cover

A B C D E F G H I J

Year Age T.R. S.A. B.S.A(10%) Term-A FIB(D x E) Bonus FAB B.S.A(110%) C+F+G+H+I

1 30 0 1,00,000 24 24,00,000 12,25,000 4,50,000 11,00,000 51,75,000

2 31 0 1,00,000 23 23,00,000 12,25,000 4,50,000 11,00,000 50,75,000

3 32 0 1,00,000 22 22,00,000 12,25,000 4,50,000 11,00,000 49,75,000

4 33 0 1,00,000 21 21,00,000 12,25,000 4,50,000 11,00,000 48,75,000

5 34 0 1,00,000 20 20,00,000 12,25,000 4,50,000 11,00,000 47,75,000

6 35 0 1,00,000 19 19,00,000 12,25,000 4,50,000 11,00,000 46,75,000

7 36 0 1,00,000 18 18,00,000 12,25,000 4,50,000 11,00,000 45,75,000

8 37 0 1,00,000 17 17,00,000 12,25,000 4,50,000 11,00,000 44,75,000

9 38 0 1,00,000 16 16,00,000 12,25,000 4,50,000 11,00,000 43,75,000

10 39 0 1,00,000 15 15,00,000 12,25,000 4,50,000 11,00,000 42,75,000

11 40 0 1,00,000 14 14,00,000 12,25,000 4,50,000 11,00,000 41,75,000

12 41 0 1,00,000 13 13,00,000 12,25,000 4,50,000 11,00,000 40,75,000

13 42 0 1,00,000 12 12,00,000 12,25,000 4,50,000 11,00,000 39,75,000

14 43 0 1,00,000 11 11,00,000 12,25,000 4,50,000 11,00,000 38,75,000

15 44 0 1,00,000 10 10,00,000 12,25,000 4,50,000 11,00,000 37,75,000

16 45 0 1,00,000 9 9,00,000 12,25,000 4,50,000 11,00,000 36,75,000

17 46 0 1,00,000 8 8,00,000 12,25,000 4,50,000 11,00,000 35,75,000

18 47 0 1,00,000 7 7,00,000 12,25,000 4,50,000 11,00,000 34,75,000

19 48 0 1,00,000 6 6,00,000 12,25,000 4,50,000 11,00,000 33,75,000

20 49 0 1,00,000 5 5,00,000 12,25,000 4,50,000 11,00,000 32,75,000

21 50 0 1,00,000 4 4,00,000 12,25,000 4,50,000 11,00,000 31,75,000

22 51 0 1,00,000 3 3,00,000 12,25,000 4,50,000 11,00,000 30,75,000

23 52 0 1,00,000 2 2,00,000 12,25,000 4,50,000 11,00,000 29,75,000

24 53 0 1,00,000 1 1,00,000 12,25,000 4,50,000 11,00,000 28,75,000

25 54 0 1,00,000 0 0 12,25,000 4,50,000 11,00,000 27,75,000

2045 55 0 26,75,000 0 26,75,000 0 26,75,000 0 26,75,000

Disclaimer : The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.
 This Presentation is Specially
Subhash Kumar
Prepared For:

12/56, Desh bandhu Gupta Road , Name: Mr. ABC

Karol Bagh ,
New Delhi -110006 Age: 30
+91 9899147231

Modewise Summary of Installment Premiums

ID DOC Plan Term PPT Basic Accidental Settlement Premium
Sum Sum Option
Assured Assured Yealy Half-Yly Quarterly ECS/SSS Single ** Daily

1 10/05/2020 933 25 22 1000000 0 0 Years 43638 22052 11142 3714 0 119

Total 1000000 0 No 43638 22052 11142 3714 0 119

'*' : Assuming LIC will declare the above mentioned bonus rates for the year ended 31/03/2018.
'**' : Daily premium is for indicative purpose only. Formula used - (Yearly Premium/365).
'***' : Premiums indicated are inclusive of GST.

Medical Requirements
Medical Test : FMR

Internal Rate of Return(IRR) :-

Normal : 6.83
Income Tax Rebate : 8.22

Disclaimer : The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.