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"Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your insurer carrying on life insurance business. If your policy offers guaranteed returns then these will be clearly marked “guaranteed” in the illustration table on this page. If your policy offers variable returns then the illustrations on this page will show two different rates of assumed future investment returns. These assumed rates of return are not guaranteed and they are not the upper or lower limits of what you might get back as the value of your policy is dependent on a number of factors including future investment performance."
Age at entry: 0 years
Premium Paying Term: 1 Year
Single Premium: Rs. 73,980/-
Policy Term: 26 years
Sum Assured: Rs. 1,00,000/-
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1 |
73980
|
73980 |
0
|
0
|
73980
|
73980
|
2 |
73980 |
73980 |
0
|
0
|
73980
|
73980
|
3 |
73980 |
73980 |
0
|
0
|
73980
|
73980
|
4 |
73980 |
73980 |
0
|
0
|
73980
|
73980
|
5 |
73980 |
73980 |
0
|
0
|
73980
|
73980
|
6 |
73980 |
73980 |
0
|
0
|
73980
|
73980
|
7 |
73980 |
145000
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0
|
12000
|
145000
|
157000
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8 |
73980 |
152500
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0
|
16000
|
152500
|
168500
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9 |
73980 |
160000
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0
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21000
|
160000
|
181000
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10 |
73980 |
167500
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0
|
26000
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167500
|
193500
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15 |
73980 |
205000 |
0
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67000
|
205000
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272000
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20 |
73980 |
242500
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0
|
128000
|
242500
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370500
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| 26 |
73980
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287500 |
0
|
277000
|
287500
|
564500 |
18 |
20000 |
0 |
0 |
20000 |
20000 |
20 |
20000 |
0 |
0 |
20000 |
20000 |
22 |
30000 |
0 |
0 |
30000 |
30000 |
24 |
30000 |
0 |
0 |
30000 |
30000 |
26 |
195000 |
0 |
277000 |
195000 |
472000 |
Age at entry: 0 years
Premium Paying Term: 18 Years Annual
Premium: Rs. 7281/-
Policy Term: 26 Years
Sum Assured: Rs. 1,00,000 /-
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1 |
7281
|
7281
|
0
|
0
|
7281
|
7281
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2 |
14562
|
14562
|
0
|
0
|
14562
|
14562
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3 |
21843
|
21843
|
0
|
0
|
21843
|
21843
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4 |
29124
|
29124
|
0
|
0
|
29124
|
29124
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5 |
36405
|
36405
|
0
|
0
|
36405
|
36405
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6 |
43686
|
43686
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0
|
0
|
43686
|
43686
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7 |
50967
|
145000
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0
|
3000
|
145000
|
148000
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8 |
58248
|
152500
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0
|
5000
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152500
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157500
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9 |
65529
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160000
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0
|
8000
|
160000
|
168000
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10 |
72810
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167500
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0
|
11000
|
167500
|
178500
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15 |
109215
|
205000
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0
|
43000
|
205000
|
248000
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20 |
131058
|
227500
|
0
|
71000
|
227500
|
298500
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26 |
131058
|
242500
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0
|
91000
|
242500
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333500
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18 |
20000 |
0 |
0 |
20000 |
20000 |
20 |
20000 |
0 |
0 |
20000 |
20000 |
22 |
30000 |
0 |
0 |
30000 |
30000 |
24 |
30000 |
0 |
0 |
30000 |
30000 |
26 |
195000 |
0 |
176000 |
195000 |
371000 |
(i) This illustration is applicable to
a non-smoker male/female standard (from
medical, life style and occupation point
of view) life.
(ii) The non-guaranteed benefits (1) and
(2) in above illustration are calculated
so that they are consistent with the Projected
Investment Rate of Return assumption of
6% p.a.(Scenario 1) and 10% p.a. (Scenario
2) respectively. In other words, in preparing
this benefit illustration, it is assumed
that the Projected Investment Rate of
Return that LICI will be able to earn
throughout the term of the policy will
be 6% p.a. or 10% p.a., as the case may
be. The Projected Investment Rate of Return
is not guaranteed.
(iii) The main objective of the illustration
is that the client is able to appreciate
the features of the product and the flow
of benefits in different circumstances
with some level of quantification.
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