Harish Chand

Delhi LIC Agent

577, GH-9, PASCHIM VIHAR
NEW DELHI- 110087
INDIA, 9811896425, 9212201725
www.delhiLICagent.com

Multi - Plan Chart

Date : 18/08/2011

Wonder-Plan Quotation
Quotation No

: Moneyback4

Chart Date

: 18/08/2011

Name

: Zahid

Chart required upto

: 18/08/2031

Date of Birth

: 18/08/1983

I. T. Slab

: 33.99%

Sec.80 CCE Inv. Limit

: 28

: 9.00%

Loan Interest Rate

Sr.
No

Age

: 100000

Year

Plan/Tm/
Prem. Tm

Plan Name

2011

75/20/20

Money Back
Total :

Sum

M
d

200000

Interim
Bonus
Rate

39

Loan Re-Investment Rate

: 0.00%

Maturity/S.B. proceeds Re-invt. Rate

: 0.00%

Sec.80 CCE Tax Rebate

: 33.99%

Assu
Bonus
Rate

39

Assu
Step
Rate A/c

Basic
Premium

0.00

200000

Installment
Premium

1126

1143

1126

1143

Annual
Premium

Mat
Date

13716

18/08/31

13716 p.a.

Rider Details
Sr.
No

Plan/Tm/
Prem. Tm

Rider Name

Year

2011

75/20/20

Double Accident Benefit

Total :

Rider
Sum

Rider
Term

Prem.
Term

Installment
Premium

Annual
Premium

Total
Premium Pd.

200000

20

20

17

204

4080

17

204

4080

200000

1. '*' : - Assuming LIC will declare the above mentioned bonus rates for the year ended 31-Mar-2011
2. '#' : - Assuming that bonus rate declared by LIC will increase/decrease per year by step rate mentioned above.
3. ** If premiums paid during the year for any policy exceeds 20% of Sum Assured then Maturity proceeds will be taxable and
eligible amount for section 80 CCE rebate will be restricted to 20% of Sum Assured.

The above statement is based on certain assumptions which are

liable to change according to Government/Corporation's policies.

Harish Chand
Delhi LIC Agent
577, GH-9, PASCHIM VIHAR
NEW DELHI- 110087
INDIA, 9811896425, 9212201725
www.delhiLICagent.com

Multi - Plan Chart

Insurance Facts
Quotation No

: Moneyback4

Chart Date

18/08/2011

Name

: Zahid

Chart required upto

18/08/2031

Date of Birth

: 18/08/1983

I. T. Slab

33.99%

Age

Risk Cover

: 28

Year

Age

Normal

Accident

Annual
Premium

Tax
Saved

Net
Premium

Returns
From L.I.C.

New Loan
Available

Total Loan
Available

2011

28

207800

407800

13716

4662

9054

2012

29

215600

415600

13716

4662

9054

2013

30

223400

423400

13716

4662

9054

9750

9750

2014

31

231200

431200

13716

4662

9054

8250

18000

2015

32

239000

439000

13716

4662

9054

7250

25250

2016

33

246800

446800

13716

4662

9054

40000

13250

13250

2017

34

254600

454600

13716

4662

9054

7750

21000

2018

35

262400

462400

13716

4662

9054

9000

30000

2019

36

270200

470200

13716

4662

9054

10250

40250

2020

37

278000

478000

13716

4662

9054

11750

52000

2021

38

285800

485800

13716

4662

9054

40000

23500

35500

2022

39

293600

493600

13716

4662

9054

12000

47500

2023

40

301400

501400

13716

4662

9054

13500

61000

2024

41

309200

509200

13716

4662

9054

15250

76250

2025

42

321000

521000

13716

4662

9054

17250

93500

2026

43

328800

528800

13716

4662

9054

40000

24750

78250

2027

44

336600

536600

13716

4662

9054

20750

99000

2028

45

344400

544400

13716

4662

9054

24000

123000

2029

46

352200

552200

13716

4662

9054

27500

150500

2030

47

364000

564000

13716

4662

9054

39750

190250

2031

48

244000

274320

93240

181080

364000

Total :

The above statement is based on certain assumptions which are

liable to change according to Government/Corporation's policies.

Harish Chand
Delhi LIC Agent
577, GH-9, PASCHIM VIHAR
NEW DELHI- 110087
INDIA, 9811896425, 9212201725
www.delhiLICagent.com

Multi - Plan Chart

Summary of Proposed Insurance

Quotation No

: Moneyback4

Chart Date

: 18/08/2011

Name

: Zahid

Chart required upto

: 18/08/2031

Date of Birth

: 18/08/1983

I. T. Slab

: 33.99%

Age

: 28

Maximum Risk Cover enjoyed (Normal)

Rs.

364000

Maximum Risk Cover enjoyed (Accidental)

Rs.

564000

Total Premium paid

Rs.

274320

Rs.

93240

Net Premium paid

Rs.

181080

Proceeds from LIC by way of Maturity / Sur. Bens.

Rs.

364000

Tax Payable

Rs.

Net after tax Payable

Rs.

364000

Compounded Value of LIC proceeds @ 0.00 % by 2031

Rs.

364000

Additional Gain through Loan re-cycling @ 0.00 %

Rs.

Rs.

364000

Less : Tax saved on premium

Net in hand as on 2031

Yield on Investments 10.25 %

Assumptions
--> Premium payments will save tax.
--> Returns will not be Re-invested in Section 80 CCE schemes.
--> Gains on Returns Re-investments will not be taxed.
--> Gains on Loans Re-investments will not be taxed.

The above statement is based on certain assumptions which are

liable to change according to Government/Corporation's policies.