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Magic Mix Illustration for Mr. Bhagvatilal V Jain (age 45) Ref. No. 000000000023
Date : 18/11/2018
Proposed Insurance
GST Bifurcation
Details of Plan PREMIUM
1st Year 2nd Year Onward
Sr. Comm. Sum
No. Date Pl/Tm/PPT Assured Md. Basic GST Total GST Total
1 18/11/18 836/21/15 5,00,000 Y 33,996 1,530 35,526 765 34,761
2 18/11/18 836/25/16 4,00,000 Y 25,475 1,146 26,621 573 26,048
9,00,000 59,471 2,676 62,147 1,338 60,809
PREMIUM
* Bonus
Id Com. Date Plan/Tm/PPT Rate FAB Opted Yearly Half Yearly Quarterly Monthly Single **Daily
1 18/11/2018 836/21/15 47 100 Y 35,526 17,945 9,062 3,021 0 97.33
2 18/11/2018 836/25/16 50 450 Y 26,621 13,444 6,788 2,262 0 72.93
62,147 31,389 15,850 5,283 0 170.26
1. '*' : - Assuming LIC will declare the above mentioned bonus rates for the year ended 31-Mar-2019
2. '**' : - Daily premium is for indicative purpose only. Formula used - (Yearly Premium/365).
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.
Nidhi Investment Consultant
C T Jain - A Member of International Club
Magic Mix Illustration for Mr. Bhagvatilal V Jain (age 45) Ref. No. 000000000023
Explanatory Notes
Payment to L.I.C. indicates Annual Premium
Returns in the Year indicates Normal Cash Flow and /or Cash Flow taken from L.I.C. in installments (Inclusive of Interest).
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.
Nidhi Investment Consultant
C T Jain - A Member of International Club
Magic Mix Illustration for Mr. Bhagvatilal V Jain (age 45) Ref. No. 000000000023
K e y A s s u mp t i o n s
Terminal Bonus: On applicable plans, last declared terminal bonus of their respective matching discontinued plans has also been
considered.
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.
Nidhi Investment Consultant
C T Jain - A Member of International Club
Magic Mix Illustration for Mr. Bhagvatilal V Jain (age 45) Ref. No. 000000000023
Premium Calendar
Id Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
1 - - - - - - - 35,526 - - - -
2 - - - - - - - 26,621 - - - -
- - - - - - - 62,147 - - - -
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.