CONTACT FOR ANY QUERIES
Mr.MUNNA KUMAR
(L.I.C.Insurance advisor ZM's CLUB Member)
Mob: +917004235259
9431784564
Email: licofficepolicy@gmail.com
PLAN DETIALS
Plan :Jeevan Labh (936)
Product Summary :
Jeevan Labh Plan (936) is a limited premium paying, non-linked, with-profits Endowment Assurance plan.
Premium Payment Mode:
Yearly, Halfly, Quarterly, Monthly(ECS)
Term :
16 Year
21 Year
25 Year
PPT :
For Term 16 Year Ppt 10 year
For Term 21 Year Ppt 15 Year
For Term 25 Year ppt 16 year
Minimum Entry Age :
8 Year Completed
Maximum Entry Age :
59 Year (Nearest Birthday)
Maximum Maturity Age :
75 Year
Minimum Sum Assured :
2,00,000
Maximum Sum Assured :
NO LIMIT (Depending upon Income)
Maximum Accidental Death and Disability Benefit Rider up to age 70.
Policy Benefits :
On Death :
Basic Sum-Assured, OR 7 times of Annualized Premium, OR 105%of all Premiums paid as on death, WHICHEVER IS HIGHER.
On Survival :
On survival Basic Sum-Assured + Reversionary Bonus+ Final Additional Bonus.
Surrendered Value :
The Policy can be surrendered at any time during the policy term provided at least two full years premiums have been paid.
Loan :
Loan Facility is available under this plan, after payment of premiums for at least 2 full years.
Income Tax Benefit :
• Premium paid under this plan is eligible for TAX rebate under section 80c.
• Maturity under this plan is free under sec 10(10D).
For more information visit www.Licofficepolicy.com
EXAMPLE OF AGE 30
Plan : Jeevan Labh (936)
Age :30
Term :25
P.P.T. :16
D.A.B. : 2100000
Death Sum Assured :2100000
Basic Sum Assured :2100000
1st year Premium With TAX 4.5% :
Yearly : 99231 (94958 + 4273)
Halfly : 50127 (47968 + 2159)
Quarterly : 25319 (24229 + 1090)
Monthly(ECS) : 8439 (8076 + 363)
YLY Mode Average Prem/Day : 271
After 1st year Premium With TAX 2.25% :
Yearly : 97095 (94958 + 2137)
Halfly : 49047 (47968 + 1079)
Quarterly : 24774 (24229 + 545)
Monthly(ECS) : 8258 (8076 + 182)
YLY Mode Average Prem/Day : 266
Total Approximate Paid Premium : 1555656
Approximate Return at Maturity Time :
S.A. : 2100000
Bonus : 2625000
F.A.B. : 945000
Total Approximate Return : 5670000
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