Presented by:

DATTATRAY JAYRAM AUTI

Senior Insurance Advisor,TOT

+91 7498105566
dattalicindia@gmail.com
 New Money Back Plan-20- 920
LIC's New Money Back Plan-20 years is a participating non-linked plan which offers an
attractive combination of protection against death throughout the term of the plan
along with the periodic payment on survival at specified durations during the term.
This unique combination provides financial support for the family of the deceased
Table No. policyholder any time before maturity and lump sum amount at the

920 time of maturity for the surviving policyholders.

Release Date

05/02/2020
Maturity Benefit: In case of Life Assured surviving the stipulated date of maturity,
Maturity Benefits 40% of the Basic Sum Assured along with vested Simple Reversionary Bonuses
and Final Additional Bonus, if any, shall be payable.
Survival Benefits: In case of Life Assured surviving to the end of the specified durations
20% of the Basic Sum Assured at the end of each of 5th, 10th & 15th policy year.

Death benefit: On death during the policy term provided the policy is in full force,
death benefit,defined as sum of 'Sum Assured on Death' and vested Simple Reversionary
Death Benefits
Bonuses and Final Additional Bonus,if any,shall be payable.Where,Sum Assured on Death
is defined as higher of 125% of the Basic Sum Assured or 10 times of annualized
premium. This death benefit shall not be less than 105% of the total premiums
paid as on date of death.

The Guaranteed Surrender Value shall be a percentage of total premiums paid (net of taxes)
excluding any extra premiums and premiums for riders,if opted for. less any survival benefits
GSV & SSV Benefits
already paid. 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 Gauranteed 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. 16,403
Rest Of Year Premium Rs. 16,050

Tax Saved
Total Term Premium Paid Rs. 2,41,103
Total Tax Saved Rs. 0

Maximum Risk Cover

Maximum Risk Cover Rs. 6,78,000
Minimum Risk Cover 4,61,000

Returns
Total Amount Received Rs. 4,28,000
 This Presentation is Specially
DATTATRAY JAYRAM AUTI
Senior Insurance Advisor,TOT Prepared For:

Name: Mr. xyz

Age: 36
+91 7498105566
dattalicindia@gmail.com

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

2023 36 2,61,000 4,61,000 16,403 0 16,403 0 0 0

2024 37 2,72,000 4,72,000 16,050 0 16,050 9,274 8,346 0

2025 38 2,83,000 4,83,000 16,050 0 16,050 21,582 19,424 0

2026 39 2,94,000 4,94,000 16,050 0 16,050 38,208 34,387 0

2027 40 3,05,000 5,05,000 16,050 0 16,050 48,008 43,207 0

2028 41 3,16,000 5,16,000 16,050 0 16,050 57,972 52,175 40,000

2029 42 3,27,000 5,27,000 16,050 0 16,050 67,634 60,871 0

2030 43 3,38,000 5,38,000 16,050 0 16,050 80,458 72,412 0

2031 44 3,49,000 5,49,000 16,050 0 16,050 94,181 84,763 0

2032 45 3,60,000 5,60,000 16,050 0 16,050 1,08,850 97,965 0

2033 46 3,71,000 5,71,000 16,050 0 16,050 1,24,518 1,12,066 40,000

2034 47 3,82,000 5,82,000 16,050 0 16,050 1,41,241 1,27,117 0

2035 48 3,93,000 5,93,000 16,050 0 16,050 1,59,106 1,43,196 0

2036 49 4,04,000 6,04,000 16,050 0 16,050 1,78,172 1,60,355 0

2037 50 4,19,000 6,19,000 16,050 0 16,050 1,66,236 1,49,500 0

2038 51 4,30,000 6,30,000 0 0 0 1,59,936 1,43,750 40,000

2039 52 4,41,000 6,41,000 0 0 0 1,81,862 1,63,500 0

2040 53 4,52,000 6,52,000 0 0 0 2,06,471 1,85,750 0

2041 54 4,63,000 6,63,000 0 0 0 2,34,104 2,10,500 0

2042 55 4,78,000 6,78,000 0 0 0 2,65,129 2,38,500 0

2043 56 0 0 0 0 0 0 0 3,08,000

Total 2,41,103 0 2,41,103 4,28,000

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 actual results may depend on the future performance of the insurer / corporation.
 This Presentation is Specially
DATTATRAY JAYRAM AUTI
Senior Insurance Advisor,TOT Prepared For:

Name: Mr. xyz

Age: 36
+91 7498105566
dattalicindia@gmail.com

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 19/04/2023 920 20 15 200000 0 0 Years 16403 8286 4185 1395 0 44

Total 200000 0 No 16403 8286 4185 1395 0 44

'*' : 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 : Nil

Internal Rate of Return(IRR) :-

Normal : 5.96
Income Tax Rebate : 5.96

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 actual results may depend on the future performance of the insurer / corporation.
 Point to Remember

Age Proof (any Address Proof Photo ID (any Income Proof For Child Policy
one) (any one) one) (any one) (any one)

Passport Pan Voter's Card Voter's Card Salary Slip Form School Id Card
Card Driving Passport Passport Pan 16 Income Tax Fee Receipt
License School Electric/Phone Card Driving Return (If total Progress Card
Certificate Birth Bill Ration Card License premium exceed
Certificate Rent Agreement Rupees One
Bank Passbook Lakh)
Driving License

Please be ready with below documents

One Passport size photograph For ECS Mode fill NACH FORM, For SB & Maturity fill NEFT
FORM For Monthly ECS mode required 2 monthly premium cheques

Account payee cheque towards the premium in favour of "LIFE INSURANCE

CORPORATION OF INDIA"

*If the SUC is more than 50 Lakh. Don't forget to fill FORM 3251(A & B) PAN Card is
mandatory if total premium payable during the year under all policies is more than INR
50000. Nominee ID Proof is Compulsory

Disclaimer

This personalized illustration contains guaranteed and non-guaranteed benefits. The

purpose of this illustration is solely to help you understand the projected benefits that may
be possible in future. The presenter in no manner is promising or giving a guarantee about
such projected benefits. The actual non-guaranteed benefits will depend upon the future
performance of L.I.C. of India with respect to this product.