Life Insurance
Kanyadaan Scheme
Plan : Jeevan Lakshya (933)
Age :30
Term :25
PPT :22
D.A.B. : 200000
Death Sum Assured :220000
Basic Sum Assured :200000
1st year Premium With TAX 4.5% :
Yearly : 8937 (8552 + 385)
Halfly : 4515 (4321 + 194)
Quarterly : 2281 (2183 + 98)
Monthly(ECS) : 761 (728 + 33)
YLY Mode Average Prem/Day : 24
After 1st year Premium With TAX 2.25% :
Yearly : 8744 (8552 + 192)
Halfly : 4418 (4321 + 97)
Quarterly : 2232 (2183 + 49)
Monthly(ECS) : 744 (728 + 16)
YLY Mode Average Prem/Day : 23
Total Approximate Paid Premium : 192561
Approximate Return at Maturity Time :
S.A. : 200000
Bonus : 230000
F.A.B. : 90000
Total Approximate Return at Maturity Time : 520000
Plan : Jeevan Labh (936)
Age :30
Term :21
P.P.T. :15
D.A.B. : 2000000
Death Sum Assured :2000000
Basic Sum Assured :2000000
1st year Premium With TAX 4.5% :
Yearly : 111504 (106702 + 4802)
Halfly : 56327 (53901 + 2426)
Quarterly : 28450 (27225 + 1225)
Monthly(ECS) : 9483 (9075 + 408)
YLY Mode Average Prem/Day : 305
After 1st year Premium With TAX 2.25% :
Yearly : 109103 (106702 + 2401)
Halfly : 55114 (53901 + 1213)
Quarterly : 27838 (27225 + 613)
Monthly(ECS) : 9279 (9075 + 204)
YLY Mode Average Prem/Day : 298
Total Approximate Paid Premium : 1638946
Approximate Return at Maturity Time :
S.A. : 2000000
Bonus : 1848000
F.A.B. : 200000
Total Approximate Return : 4048000
Plan : Money Back 25 Year – 921
Age :20
Term :25
Premium Paying Term : 20
D.A.B. : 200000
Death Sum Assured :250000
Basic Sum Assured :200000
1st year Premium With TAX 4.5% :
Yearly : 12112 (11590 + 522)
Halfly : 6118 (5855 + 263)
Quarterly : 3091 (2958 + 133)
Monthly(ECS) : 1030 (986 + 44)
YLY Mode Average Prem/Day : 33
After 1st year Premium With TAX 2.25% :
Yearly : 11851 (11590 + 261)
Halfly : 5987 (5855 + 132)
Quarterly : 3025 (2958 + 67)
Monthly(ECS) : 1008 (986 + 22)
YLY Mode Average Prem/Day : 32
Total Approximate Paid Premium : 237281
Money Back At :
5th Year : 30000
10th Year : 30000
15th Year : 30000
20th Year : 30000
Bonus : 205000
F.A.B. : 45000
Approximate Return at Maturity Time 25th Year (40 % SA + Bonus + F.A.B.) :
330000
Total Approximate Return : 450000
Plan : Jeevan Utsav – 871
Age :30
PPT :5
Regular Income Benefit / Flexi Income Benefit Start Year :11th policy year
Sum Assured :500000
1st year Premium With TAX 4.5% :
Yearly : 115107 (110150 + 4957)
Halfly : 58561 (56039 + 2522)
Quarterly : 29496 (28226 + 1270)
Monthly(ECS) : 9904 (9478 + 426)
YLY Mode Average Prem/Day : 315
After 1st year Premium With TAX 2.25% :
Yearly : 112628 (110150 + 2478)
Halfly : 57300 (56039 + 1261)
Quarterly : 28861 (28226 + 635)
Monthly(ECS) : 9691 (9478 + 213)
YLY Mode Average Prem/Day : 308
Total Guaranteed Additions: (G.A.Every Year * PPT)= (20000 * 5) = 100000
Survival Benefit:
Option I – Regular Income Benefit:
50000( 10% of Basic Sum Assured) Payable every year start from 11th policy year to 100 year or death.
Death Benefit(during PPT):
(Sum assured on death + G.A.)= 771050 + G.A. generated every year during ppt.
Death Benefit(after ppt):
(Sum assured on death + G.A.) = 771050+100000 = 871050