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Statutory warning:
“Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your life insurance company.  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 investment returns.  These assumed rates of return are not guaranteed and they are not upper or lower limits of what you might get back as the value of your policy is dependant on a number of factors including future investment performance.”

Age at entry: 35 years
Policy term: 25 years
Mode of premium payment: Yearly
Amount of annual premium: Rs.4704/-

End Of Policy
Year
Total Premium paid till end of year Amount payable at the end of year on death during the year (Rs.)
Guaranteed

Variable

Total

Scenario 1

Scenario 2

Scenario 1

Scenario 2

1

4704

100000

0 0

100000

100000

2

9408

104800

0 0

104800

104800

3

14112

109600

0 0

109600

109600

4

18816

114400

0 0

114400

114400

5

23520

119200

0 0

119200

119200

6

28224

124000

0 0

124000

124000

7

32928

128800

0 0

128800

128800

8

37632

133600

0 0

133600

133600

9

42336

138400

0 0

138400

138400

10

47040

143200

7000

18000

150200

161200

15

70560

167200

13000

41000

180200

208200

20

94080

191200

30000

100000

221200

291200

25

117600

215200

65000

211000

280200

426200



End Of Policy Year

Total Premium paid till end of year

Amount payable on surrender or maturity at the end of year
Guaranteed

Variable

Total

Scenario 1

Scenario 2

Scenario 1

Scenario 2

1

4704

0

0 0

0

0

2

9408

0

0 0

0

0

3

14112

8099

0 0

8099

8099

4

18816

12942

0 0

12942

12942

5

23520

18660

0 0

18660

18660

6

28224

23180

0 0

23180

23180

7

32928

27856

0 0

27856

27856

8

37632

32744

0 0

32744

32744

9

42336

37892

0 0

37892

37892

10

47040

43360

7000

18000

50360

61360

15

70560

75200

13000

41000

88200

116200

20

94080

106124

30000

100000

136124

206124

25

117600

135296

65000

211000

200296

346296

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.

iv) Loyalty additions will depend on future profits and as such is not guaranteed.

v) The Maturity Benefit is the amount shown at the end of the policy term.

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