new dimension' by. p.t.patil
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NEW ENDOWMENT PLAN 814
PLANS>>>>>>>>>>> 814 NEW ENDT AGE LIFE ACCIDENTAL TOTAL PRM WITHOUT ( ST ) 30.09%
SALIENT FEATURE PLAN WITH PROFIT RISK RISK WITH ( ST ) PREMIUM TAX BENEFIT
MIN.AGE 8 YRS LBD 30 521000 500000 25059 24308 7551
MAX,AGE 55 YRS ANB 31 542000 500000 24684 24308 7551
MAX,MAT.AGE 75 YRS ANB 32 563000 500000 24684 24308 7551
MIN.POLICY TERM 12 YRS 33 584000 500000 24684 24308 7551
MAX.POLICY TERM 35 YRS 34 605000 500000 24684 24308 7551
PRM.PAY.TERM EQUAL TO POLICY TERM 35 626000 500000 24684 24308 7551
MIN.S.A. 100000 36 647000 500000 24684 24308 7551
MAX.S.A. NO LIMIT 37 668000 500000 24684 24308 7551
MULTIPLE S.A. 5000 38 689000 500000 24684 24308 7551MULTIPLE S.A. 5000 38 689000 500000 24684 24308 7551
REBATE FOR S.A 39 710000 500000 24684 24308 7551
40 731000 500000 24684 24308 7551
1LAK TO 1.95> NIL 41 752000 500000 24684 24308 7551
2LAKS TO 4.95=2% OF BSA 42 773000 500000 24684 24308 7551
5LAKS ABOVE = 3% OF BSA 43 794000 500000 24684 24308 7551
MODE OF PAYMENT ALL MODES 44 825000 500000 24684 24308 7551
MODE REBATE YLY=2%,HLY=1%,QLY=NIL 45 848500 500000 24684 24308 7551
DAB/EPDB YES MAX. 50LAKS 46 872000 500000 24684 24308 7551
TERM RIDER NOT AVAILABLE 47 895500 500000 24684 24308 7551
PWB N/A 48 924000 500000 24684 24308 7551
CIR NOT AVAILABLE 49 955000 500000 24684 24308 7551
DATING BACK YES 50 0 500000 25059 24308 7551
NOMINATION YES TOTAL>>>> RS.494050 RS.486160 RS.150220
ASSIGNMENT YES TOTAL MATURITY> RS.955000/- YIELD ON INVESTMENT> 8.96%
SUICIDE WITHIN 1YR 80% REFUND OF PRM. COMPARE NEW WITH OLD PLANSUICIDE WITHIN 1YR 80% REFUND OF PRM. COMPARE NEW WITH OLD PLAN
RISK COMMENCES FROM DATE OF ACCEPTANCE OLD ENDOWMENT PLAN 14
AGE LIFE ACCIDENTAL TOTAL WITHOUT ( ST ) 30.09%
MIN.PRM RS.300/- RISK RISK PREMIUM PREMIUM TAX BENEFIT
AGE PROOFS STD,NSAP I,II,III 30 521000 500000 23977 23977 7409
FEMALE CAT. CAT. I.II.III 31 542000 500000 23977 23977 7409
NMG/NMS ALLOWED 32 563000 500000 23977 23977 7409
LOAN 90% OF SV OF INFORCE POL. 33 584000 500000 23977 23977 7409
80% OF PAID UP POL. 34 605000 500000 23977 23977 7409
FORECLOSURE NO ACTION WILL BE TAKEN 35 626000 500000 23977 23977 7409
SSV AVAILABLE AFTER 3YRS 36 647000 500000 23977 23977 7409
GSV AVAILABLE AFTER 3YRS 37 668000 500000 23977 23977 7409
REVIVAL WITHIN 2 YRS 38 689000 500000 23977 23977 7409 DON'T LURED BY LOWER PREMIUM CHECK THE CO'S CLAIM RATIO WILL
SURVIVAL BENEFITS NOT APPLICABLE 39 710000 500000 23977 23977 7409 TELL WHICH COMPANY IS RELIABLE OUR PRODUCT OBSERVATION'S ARE>
AVAILABLE 40 731000 500000 23977 23977 7409 * PREMIUM REDUCTION FOR HIGHER AGE GROUP
MATURITY S.A. BSA+ SRB+FAB 41 752000 500000 23977 23977 7409 * SUM ASSURED ON DEATH CONCEPT CHANGE MATURITY S.A. BSA+ SRB+FAB 41 752000 500000 23977 23977 7409 * SUM ASSURED ON DEATH CONCEPT CHANGE
DEATH BENEFIT SA+SRB+FAB Or 10 TIMES OF 42 773000 500000 23977 23977 7409 * SURRENDER VALUE HAS BEEN INCREASED
YLY PRM. Or HIGHER OF BSA 43 794000 500000 23977 23977 7409 * LOAN AVAILABILITY WILL BE MORE
PROPOSAL FORMS 300 , 340 & 360 44 825000 500000 23977 23977 7409 * REDUCTION IN AGE OF ENTRY & EXIT
COOLING OFF AVAILABLE 45 848500 500000 23977 23977 7409 * REDUCTION IN POLICY TERM
AGENTS COMMISSION 1ST YR 12 TO 14 YRS=20%+BC, 46 872000 500000 23977 23977 7409 * LOWER AGE PREMIUM SLIGHT INCREASES
15YRS> =25%, 2 & 3 YR=7.5%, 47 895500 500000 23977 23977 7409 * JUSTIFICATION IN SUICIDE CLAUSE BENEFITS
FROM 4TH YR=ONWARDS 5% 48 924000 500000 23977 23977 7409 * REMOVAL OF FORECLOSURE ACTION IS A ADDED POINT
CEIS REBATE 10% 49 955000 500000 23977 23977 7409 * MORE TRANSPERNT & USER FRIENDLY PLAN
SERVICE TAX 1ST YR 3.09% & SUBSEOUENT 1.545% 50 0 500000 23977 23977 7409 * SUITABLE FOR EMPLOYER/EMPLOYEE SCHEME
INCOME TAX BENEFIT U/S PREMIUM 80C & MATURITY/DEATH CLAIM 10(10)D TOTAL>>>> RS.479540 RS.479540 RS.148180 * SUITABLE UNDER MARRIED WOMEN PROPERTY ACT POLICY
ILLUSTRATION FOR AGE 30 YRS FOR SUM PROPOSED FOR 5LAKS TERM 20 YRS TOTAL MATURITY> RS.955000/- YIELD ON INVESTMENT> 9.27% PLAN TODAY FOR BETTER TOMORROW
AGENTS TRAINING MATERIAL PREPARED BY.P.T.PATIL DO LIC HUBLI III
ONLY FOR PRIVATE CIRCULATION MOBILE:9448133179 E-MAIL:[email protected]
NEW JEEVAN ANAND PLAN 815
PLANS>>>>>>>>>>>>> 815 NEW AGE LIFE ACCIDENTAL TOTAL PRM WITHOUT ( ST ) 30.09%
SALIENT FEATURE JEEVAN ANAND RISK RISK WITH ( ST ) PREMIUM TAX BENEFIT
MIN.AGE 18 YRS LBD 30 647000 500000 29560 28674 8860
MAX,AGE 50 YRS ANB 31 669000 500000 29117 28674 8860
MAX,MAT.AGE 75 YRS ANB 32 691000 500000 29117 28674 8860
MIN.POLICY TERM 15 YRS 33 713000 500000 29117 28674 8860
MAX.POLICY TERM 35 YRS 34 735000 500000 29117 28674 8860
PRM.PAY.TERM EQUAL TO POLICY TERM 35 757000 500000 29117 28674 8860
MIN.S.A. 100000 36 779000 500000 29117 28674 8860
MAX.S.A. NO LIMIT 37 801000 500000 29117 28674 8860
MULTIPLE S.A. 5000 38 823000 500000 29117 28674 8860MULTIPLE S.A. 5000 38 823000 500000 29117 28674 8860
REBATE FOR S.A 39 845000 500000 29117 28674 8860
40 867000 500000 29117 28674 8860
1LAK TO 1.95> NIL/2 TO 4.95 41 889000 500000 29117 28674 8860
> 1.5%/ 5 TO 9.95> 2.5%/ 42 911000 500000 29117 28674 8860
10LAKS ABOVE 3% OF BSA 43 933000 500000 29117 28674 8860
MODE OF PAYMENT ALL MODES 44 965000 500000 29117 28674 8860
MODE REBATE YLY=2%,HLY=1%,QLY=NIL 45 989500 500000 29117 28674 8860
DAB/EPDB YES MAX. 50LAKS 46 1014000 500000 29117 28674 8860
TERM RIDER NOT AVAILABLE 47 1038500 500000 29117 28674 8860
PWB N/A 48 1068000 500000 29117 28674 8860
CIR NOT AVAILABLE 49 1100000 500000 29117 28674 8860
DATING BACK YES 50 500000 500000 29117 28674 8860
NOMINATION YES TOTAL>>>> RS.582783 RS.573480 RS.177200
ASSIGNMENT YES TOTAL MATURITY> RS.975000/- YIELD ON INVESTMENT> 7.86%
SUICIDE WITHIN 1YR 80% REFUND OF PRM. COMPARE NEW WITH OLD PLANSUICIDE WITHIN 1YR 80% REFUND OF PRM. COMPARE NEW WITH OLD PLAN
RISK COMMENCES FROM DATE OF ACCEPTANCE OLD JEEVAN ANAND PLAN 149
AGE LIFE ACCIDENTAL TOTAL WITHOUT ( ST ) 30.09%
MIN.PRM RS.300/- RISK BENEFIT PREMIUM PREMIUM TAX BENEFIT
AGE PROOFS STD,NSAP I,II,III 30 522000 1022000 27550 27550 8513
FEMALE CAT. CAT. I.II.III 31 544000 1044000 27550 27550 8513
NMG/NMS ALLOWED 32 566000 1066000 27550 27550 8513
LOAN 90% OF SV OF INFORCE POL. 33 588000 1088000 27550 27550 8513
80% OF PAID UP POL. 34 610000 1110000 27550 27550 8513
FORECLOSURE NO ACTION WILL BE TAKEN 35 632000 1132000 27550 27550 8513
SSV AVAILABLE AFTER 3YRS 36 654000 1154000 27550 27550 8513
GSV AVAILABLE AFTER 3YRS 37 676000 1176000 27550 27550 8513
REVIVAL WITHIN 2 YRS 38 698000 1198000 27550 27550 8513
SURVIVAL BENEFITS NOT APPLICABLE 39 720000 1220000 27550 27550 8513 DON'T LURED BY LOWER PREMIUM CHECK THE CO'S CLAIM RATIO WILL
AVAILABLE 40 742000 1242000 27550 27550 8513 TELL WHICH COMPANY IS RELIABLE OUR PRODUCT OBSERVATION'S ARE>
MATURITY S.A. BSA+ SRB+FAB 41 764000 1264000 27550 27550 8513 * HISTORICLE CHANGE ACCIDENT BENEFIT FOR FULL S.A.MATURITY S.A. BSA+ SRB+FAB 41 764000 1264000 27550 27550 8513 * HISTORICLE CHANGE ACCIDENT BENEFIT FOR FULL S.A.
DEATH BENEFIT SA ( 125% OF BSA)+ SRB+FAB 42 786000 1286000 27550 27550 8513 * SUM ASSURED ON DEATH CONCEPT CHANGE
OR 10 TIMES ANNULISED PRM. 43 808000 1308000 27550 27550 8513 * SURRENDER VALUE HAS BEEN INCREASED
PROPOSAL FORMS 300 44 840000 1340000 27550 27550 8513 * LOAN AVAILABILITY WILL BE MORE
COOLING OFF AVAILABLE 45 864500 1364500 27550 27550 8513 * REDUCTION IN MAXIMUM AGE OF ENTRY
AGENTS COMMISSION 1ST YR 12 TO 14 YRS=20%+BC, 46 889000 1389000 27550 27550 8513 * REDUCTION IN POLICY TERM
15YRS> =25%, 2 & 3 YR=7.5%, 47 913500 1413500 27550 27550 8513 * FOR ALL AGE THERE IS A SLIGHT INCREASE IN PREMIUM
FROM 4TH YR=ONWARDS 5% 48 943000 1443000 27550 27550 8513 * JUSTIFICATION IN SUICIDE CLAUSE BENEFITS
CEIS REBATE 10% 49 975000 1475000 27550 27550 8513 * REMOVAL OF FORECLOSURE ACTION IS A ADDED POINT
SERVICE TAX 1ST YR 3.09% & SUBSEOUENT 1.545% 50 500000 1000000 27550 27550 8513 * MORE TRANSPERNT & USER FRIENDLY PLAN
INCOME TAX BENEFIT U/S PREMIUM 80C & MATURITY/DEATH CLAIM 10(10)D TOTAL>>>> RS.551000 RS.551000 RS.170260 * EVEN SUITABLE FOR EMPLOYER/EMPLOYEE SCHEME & MWP
ILLUSTRATION FOR AGE 30 YRS FOR SUM PROPOSED FOR 5LAKS TERM 20 YRS TOTAL MATURITY> RS.975000/- YIELD ON INVESTMENT> 8.29% PLAN TODAY FOR BETTER TOMORROW
AGENTS TRAINING MATERIAL PREPARED BY.P.T.PATIL DO LIC HUBLI III
ONLY FOR PRIVATE CIRCULATION MOBILE:9448133179 E-MAIL:[email protected]
NEW BIMA BACHAT PLAN 816-15
PLANS>>>>>>>>>>>>> 816 NEW AGE LIFE ACCIDENTAL TOTAL RETURNS 30.09%
SALIENT FEATURE BIMA BACHAT RISK RISK PREMIUM FROM LIC TAX BENEFIT
MIN.AGE 15 YRS LBD 30 500000 0 379010 0 30900
MAX,AGE 66 YRS ANB 31 500000 0 0 0 0
MAX,MAT.AGE 75 YRS ANB 32 500000 0 0 0 0
MIN.POLICY TERM 9 YRS.12 YRS, 15 YRS 33 500000 0 0 75000 0
MAX.POLICY TERM 9 YRS.12 YRS, 15 YRS 34 500000 0 0 0 0
PRM.PAY.TERM NIL 35 525000 0 0 0 0
MIN.S.A. RS.35/50/70(in thousand)FOR 9/12/15 36 530000 0 0 75000 0
MAX.S.A. NO LIMIT 37 535000 0 0 0 0MAX.S.A. NO LIMIT 37 535000 0 0 0 0
MULTIPLE S.A. 5000 38 550000 0 0 0 0
REBATE FOR S.A FOR 9YRS>LESS THAN 75=NIL,75 TO 39 555000 0 0 75000 0
1.5=6%.ABOVE 1.5=8%/12YRS>LESS 40 560000 0 0 0 0
THAN 1LAK NIL, 1 TO 2 LAK=4%,FOR 41 575000 0 0 0 0
15YRS>LESS THAN 1.5LAK=NIL,1.5 TO 42 580000 0 0 75000 0
3=3%,3LAKS ABOVE=5% 43 585000 0 0 0 0
MODE OF PAYMENT SINGLE 44 605000 0 0 0 0
MODE REBATE NIL 45 0 0 0 472649 0
DAB/EPDB NOT AVAILABLE 0 0 0 0 0 0
TERM RIDER NOT AVAILABLE 0 0 0 0 0 0
PWB NOT AVAILABLE 0 0 0 0 0 0
CIR NOT AVAIALBLE 0 0 0 0 0 0
DATING BACK YES 0 0 0 0 0 0
NOMINATION YES TOTAL>>>> RS.379010 RS.772649 RS.30900
ASSIGNMENT YES TOTAL MATURITY>RS.772649/- YIELD ON INVESTMENT> 7.24%ASSIGNMENT YES TOTAL MATURITY>RS.772649/- YIELD ON INVESTMENT> 7.24%
SUICIDE WITHIN 1YR 90% REFUND OF PRM. COMPARE NEW WITH OLD PLAN
RISK COMMENCES FROM DATE OF ACCEPTANCE OLD BIMA BACHAT PLAN 175-15
AGE LIFE ACCIDENTAL TOTAL RETURN 30.09%
MIN.PRM NO MIMIMUM PREMIUM RISK BENEFIT PREMIUM FROM LIC TAX BENEFIT
AGE PROOFS STD,NSAP I,II,III 30 500000 0 370806 0 30900
FEMALE CAT. CAT. I.II.III 31 500000 0 0 0 30900
NMG/NMS ALLOWED 32 500000 0 0 0 30900
LOAN AFTER 1 YR 60% OF SV 33 500000 0 0 75000 30900
34 500000 0 0 0 30900
FORECLOSURE NO ACTION WILL BE TAKEN 35 500000 0 0 0 30900
SSV ANY TIME WIYHOUT LOYALITY 36 500000 0 0 75000 30900
GSV 1ST YR= 70%, THERE AFTER 90% 37 500000 0 0 0 30900
REVIVAL NIL 38 500000 0 0 0 30900
SURVIVAL BENEFITS 9YR>15% ON 3/6YR, 12YR>15% ON 39 500000 0 0 75000 30900
AVAILABLE 3/6/9YR, 15YR>15%ON3/6/9/12 YR 40 500000 0 0 0 30900 DON'T LURED BY LOWER PREMIUM CHECK THE CO'S CLAIM RATIO WILL AVAILABLE 3/6/9YR, 15YR>15%ON3/6/9/12 YR 40 500000 0 0 0 30900 DON'T LURED BY LOWER PREMIUM CHECK THE CO'S CLAIM RATIO WILL
MATURITY S.A. SNG PRM.+ LA-TAX & EXTRA PRM 41 500000 0 0 0 30900 TELL WHICH COMPANY IS RELIABLE OUR PRODUCT OBSERVATION'S ARE>
DEATH BENEFIT 1ST5 YRS ONLY SUM ASSURED 42 500000 0 0 75000 30900 * MAX.ENTRY AGE DEPENDS ON TERM OF THE POLICY
AFTER 5 YRS >SA+ LA 43 500000 0 0 0 30900 * MINIMUM S.A. DEPENDS ON TERM OF THE POLICY
PROPOSAL FORMS 300 ,340 44 500000 0 0 0 30900 * REBATE ON HIGHER S.A. DEPENDS ON TERM OF THE POLICY
COOLING OFF AVAILABLE 45 0 0 0 472649 30900 * REDUCTION IN MAXIMUM AGE OF ENTRY
AGENTS COMMISSION 2% 46 0 0 0 0 30900 * CHANGE IN MATURITY BENEFITS (EXCLUDING TAXES )
47 0 0 0 0 30900 * THE DEATH BENEFIT SLAB INTRODUCED
CEIS REBATE 10% 48 0 0 0 0 30900 * JUSTIFICATION IN SUICIDE CLAUSE BENEFITS
SERVICE TAX 1ST YR 3.09% & SUBSEOUENT 1.545% 49 0 0 0 0 30900 * CHANGE IN LOAN AVAILABILITY FEATURE
INCOME TAX BENEFIT U/S PREMIUM 80 CCE 50 0 0 0 0 30900 * CHANGE IN GSV AND SV
MATURITY/DEATH CLAIM 10(10)D TOTAL>>>> RS.551000 RS.772649 RS.30900 * EVEN SUITABLE FOR EMPLOYER/EMPLOYEE SCHEME & MWP
ILLUSTRATION FOR AGE 30 YRS FOR SUM PROPOSED FOR 5LAKS TERM 20 YRS TOTAL MATURITY>RS.772649/- YIELD ON INVESTMENT> 8.29% PLAN TODAY FOR BETTER TOMORROW
AGENTS TRAINING MATERIAL PREPARED BY.P.T.PATIL DO LIC HUBLI III