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  • 8/12/2019 2yrs

    1/4

    Sample Report For Demonstration Purpose Only

    K. MADHU KUMAR

    Sample Report For Demonstration Purpose Only

    2nd Floor, Techniplex II, Jn. Veer Savarkar Flyover & S.V. Road,

    Goregaon(W), Mumbai - 400 062.

    e-mail. [email protected]

    Multi - Plan Chart

    Date : 20/10/2013

    Name

    Wonder-Plan Quotation

    Age

    Chart DateQuotation No

    Chart required upto

    I. T. Slab

    Loan Re-Investment Rate

    Xx

    2yrs

    2

    20/10/2013

    0.00%

    20/10/2040

    30.90%

    0.00%Maturity/S.B. proceeds Re-invt. Rate

    Loan Interest Rate 10.00%

    :

    :

    :

    : :

    :

    :

    :

    :

    20/10/2011Date of Birth :

    30.90%Sec.80 CCE Tax Rebate100000Sec.80 CCE Inv. Limit : :

    Sum

    M

    d A/c

    Basic

    Premium

    Mat

    Date

    Assu

    Bonus

    Rate

    Assu

    Step

    Rate

    Installment

    Premium

    Sr.

    No

    Annual

    PremiumYearPlan/Tm/

    Prem. Tm Plan Name

    Interim

    Bonus

    Rate

    * #

    1 Child Career Plan 100000 40 0.00 5919 20/10/345919 59192013 184/21/16 40Y

    2 Child Future Plan 100000 44 0.00 6042 20/10/346042 60422013 185/21/16 44Y

    p.a.11961200000 1196111961Total :

    1.

    2. '#' : - Assuming that bonus rate declared by LIC will increase/decrease per year by step rate mentioned above.

    '*' : - Assuming LIC will declare the above mentioned bonus rates for the year ended 31-Mar-2013

    ** 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.

    3.

    The above statement is based on certain assumptions which are

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

  • 8/12/2019 2yrs

    2/4

    Sample Report For Demonstration Purpose Only

    K. MADHU KUMAR

    Sample Report For Demonstration Purpose Only

    2nd Floor, Techniplex II, Jn. Veer Savarkar Flyover & S.V. Road,

    Goregaon(W), Mumbai - 400 062.

    e-mail. [email protected]

    Multi - Plan Chart

    Insurance Facts

    Name

    Age

    Xx

    2

    20/10/2013Chart DateQuotation No

    Chart required upto

    I. T. Slab

    2yrs

    20/10/2040

    30.90%:

    :

    :

    :

    :

    :

    Date of Birth : 20/10/2011

    Age Accident

    Annual

    Premium

    Tax

    Saved

    Net

    Premium

    Returns

    From L.I.C.

    New Loan

    Available

    Total Loan

    Available

    Risk Cover

    NormalYear

    2 11961 11961 11961 3696 8265 02013 0 0

    3 23922 23922 11961 3696 8265 02014 0 0

    4 35883 35883 11961 3696 8265 02015 0 0

    5 233600 233600 11961 3696 8265 02016 0 0

    6 242000 242000 11961 3696 8265 02017 0 0

    7 250400 250400 11961 3696 8265 02018 0 0

    8 258800 258800 11961 3696 8265 02019 0 0

    9 267200 267200 11961 3696 8265 02020 0 0

    10 275600 275600 11961 3696 8265 02021 0 0

    11 284000 284000 11961 3696 8265 02022 0 0

    12 292400 292400 11961 3696 8265 02023 0 0

    13 300800 300800 11961 3696 8265 02024 0 0

    14 309200 309200 11961 3696 8265 02025 0 0

    15 317600 317600 11961 3696 8265 02026 0 0

    16 328000 328000 11961 3696 8265 02027 0 0

    17 337400 337400 11961 3696 8265 02028 0 0

    18 346800 346800 0 0 0 1190002029 0 0

    19 284200 284200 0 0 0 250002030 0 0

    20 289600 289600 0 0 0 250002031 0 0

    21 296000 296000 0 0 0 250002032 0 0

    22 302400 302400 0 0 0 250002033 0 0

    23 200000 200000 0 0 0 1674002034 0 0

    24 200000 200000 0 0 0 02035 0 0

    25 200000 200000 0 0 0 02036 0 0

    26 200000 200000 0 0 0 02037 0 0

    27 200000 200000 0 0 0 02038 0 0

    28 200000 200000 0 0 0 02039 0 0

    29 200000 200000 0 0 0 02040 0 0

    191376 59136 132240 386400Total :

    The above statement is based on certain assumptions which are

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

  • 8/12/2019 2yrs

    3/4

    Sample Report For Demonstration Purpose Only

    K. MADHU KUMAR

    Sample Report For Demonstration Purpose Only

    2nd Floor, Techniplex II, Jn. Veer Savarkar Flyover & S.V. Road,

    Goregaon(W), Mumbai - 400 062.

    e-mail. [email protected]

    Multi - Plan Chart

    0

    50000

    100000

    150000

    200000

    250000

    300000

    350000

    2,01

    3

    2,01

    6

    2,01

    9

    2,02

    2

    2,02

    5

    2,02

    8

    2,03

    1

    2,03

    4

    2,03

    7

    2,04

    0

    Year

    Risk Cover v/s PremiumRisk Cover v/s Premium

    Risk Cover

    Annual Premium

    The above statement is based on certain assumptions which are

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

  • 8/12/2019 2yrs

    4/4

    Sample Report For Demonstration Purpose Only

    K. MADHU KUMAR

    Sample Report For Demonstration Purpose Only

    2nd Floor, Techniplex II, Jn. Veer Savarkar Flyover & S.V. Road,

    Goregaon(W), Mumbai - 400 062.

    e-mail. [email protected]

    Multi - Plan Chart

    Rs.

    Rs.

    Rs.

    Rs.

    59136

    191376

    346800

    346800

    Less : Tax saved on premium

    Total Premium paid

    Maximum Risk Cover enjoyed (Accidental)

    Maximum Risk Cover enjoyed (Normal)

    :

    :

    :

    :

    :

    : 30.90%

    20/10/2040

    2yrs

    I. T. Slab

    Chart required upto

    Quotation No Chart Date 20/10/2013

    2

    Xx

    Age

    Name

    Summary of Proposed Insurance

    Date of Birth : 20/10/2011

    Net Premium paid

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

    132240

    386400

    Rs.

    Rs.

    Net in hand as on 2040 Rs. 386400

    Compounded Value of LIC proceeds @ 0.00 % by 2040

    Additional Gain through Loan re-cycling @ 0.00 %

    Rs.

    Rs.

    386400

    0

    Tax Payable

    Net after tax Payable

    Rs.

    Rs.

    0

    386400

    Yield on Investments 9.33%

    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.