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Wonder-Plan Quotation
Quotation No Name Date of Birth : Iqbal : Iqbal : 10/08/1985 : 9.00% Age : 26 Chart Date Chart required upto I. T. Slab Loan Re-Investment Rate Maturity/S.B. proceeds Re-invt. Rate Sec.80 CCE Inv. Limit : 100000 Sec.80 CCE Tax Rebate : 10/08/2011 : 10/08/2021 : 33.99% : 0.00% : 0.00% : 33.99%
Sr. No
Year
Plan/Tm/ Prem. Tm
Plan Name
Sum
M d
Basic Premium
Installment Premium
Annual Premium
Mat Date
2011
14/10/10
1000000 1000000
34
34
0.00
102032 102032
103032 103032
103032
10/08/21
103032 p.a.
Rider Details
Sr. No 1 Plan/Tm/ Prem. Tm 14/10/10 Rider Name Rider Sum 1000000 Total : 1000000 Rider Term 10 Prem. Term 10 Installment Premium 1000 1000 Annual Premium 1000 1000 Total Premium Pd. 10000 10000
Year 2011
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
Insurance Facts
Quotation No Name Date of Birth : Iqbal : Iqbal : 10/08/1985
Risk Cover Year
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
: : :
Age
26 27 28 29 30 31 32 33 34 35 36
Normal
1034000 1068000 1102000 1136000 1170000 1204000 1238000 1272000 1306000 1340000 0
Accident
2034000 2068000 2102000 2136000 2170000 2204000 2238000 2272000 2306000 2340000 0 Total :
Annual Premium
103032 103032 103032 103032 103032 103032 103032 103032 103032 103032 0 1030320
Net Premium
69042 69042 69042 69042 69042 69042 69042 69042 69042 69042 0 690420
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
Maximum Risk Cover enjoyed (Normal) Maximum Risk Cover enjoyed (Accidental) Total Premium paid Less : Tax saved on premium
Rs.
Rs. Rs. Rs. Rs. Rs.
690420
1340000 0 1340000 1340000 0
Compounded Value of LIC proceeds @ 0.00 % by 2021 Additional Gain through Loan re-cycling @ 0.00 %
Rs.
1340000
The above statement is based on certain assumptions which are liable to change according to Government/Corporation's policies.