wealth plus - 10 lacs investment

8/14/2019 Wealth Plus - 10 Lacs Investment

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Basic Life Cover : Rs. 5000000

Presented by:

Accident Cover : Rs. 5000000

NEETA BANKI M DOSHI

702 Adinath Tower,

Sudha Park ,Garodia Nagar,Mumbai - 400 0077Office 42444002 Mobile 9821014796 Res 25061899

Presentation specially prepared for

Mr. Bankim Doshi

Present age : 40 yrs

Risks Covered

Insurance Advisor

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Wealth Plus is a close-ended ULIP Plan available in a fixed term of 8 years.

Experience the fortunes of the stock market with full confidence.

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This plan levies very moderate allocation charges, which means that your premium investment gets more units for you.

You can choose to pay a single premium or opt for a 3 year premium term in yearly, half yearly, quarterly & monthly(ECS) modes.

You accumulate fund units with each premium payment. Nominal deductions in units are made to cover the administrationcosts and your life insurance risk.

Your life risk cover continues for 2 more years after the maturity payment is made to you.

On death the nominee will be paid full sum assured plus the fund value as per the NAV on the date of claim.

Accident Death benefit rider available at a discounted rate of Rs. 0.50 per 1000 of sum assured.

You can do Partial Withdrawals at any time after the third anniversary of the policy. Upto 2 partial withdrawals areallowed in each year.

The policy can be surrendered without any surrender charge after the third anniversary of the policy. Surrender value willbe the fund value of the balance units as per the NAV on the date of surrendering.

No limit on the maximum premium.l

At the end of the term you get the fund value. The fund value is calculated on the basis of HIGHEST NAV during the first 7years or on the date of maturity whichever is greater.

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Conditions governing the Benefits Illustration shown in the subsequent pagesi) The benefits shown in the illustration on subsequent pages are calculated on the assumption that the Projected Investment Rate of Returnthat 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 Rateof Return is not guaranteed.ii) 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. While the presenter has taken full care to give correct picture of benefits, the presenter doesnot undertake any responsibilities of inaccuracies that might have reflected in the illustration.

Wealth Plus is a brand new innovation from the most trusted brand in Life Insurance, Life Insurance Corporationof India. This exceedingly exciting ULIP plan gives you a unique and a never before opportunity to insure yourself and grow your investment in the booming stock market with an element of guarantee .

l Limited availability !!! This plan is available for sale only for 3 months starting 9th February 2010.

Annualized Premium : Rs.1000000

Look at the following to believe the great benefits that this plan has to offer:


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Insurance Advisor

NEETA BANKI M DOSHI

702 Adinath Tower,

Sudha Park ,Garodia Nagar,

Mumbai - 400 0077

Office 42444002 Mobile 9821014796 Res 25061899

Wealth Plus Plan Presentation For Mr. Bankim Doshi aged 40 years

Mode of Premium

Date of Report :

:

:

:

:

16/02/2010

Yearly

Rs. 1000000Installment Premium

Accident Cover

Life Cover

Risk Covered

Rs. 5000000

Rs. 5000000

:Term 8

Growth of Wealth Plus fund under Scenario I-6% **

End of PolicyYear Age

AnnualPremium

TotalPremium

PaidFund/ Cash

ValueDeath

Benefit ChargesService

Tax Total

41 1000000 1000000 887385 * 5887385 1639531 15310148642

42 1000000 2000000 1915367 * 6915367 819982 765774341

43 1000000 3000000 2988907 * 7988907 976973 912388574

44 - 3000000 3094497 8094497 716744 669364981

45 - 3000000 3204753 8204753 732985 684566453

46 - 3000000 3319885 8319885 749936 700367990

47 - 3000000 3440105 8440105 767617 716869593

48 - 3000000 3565645 8565645 786058 734071265

49 50000009

50 500000010

# You will receive the maturity amount of Rs. 3565645 in the year 2018 .

** Subject to conditions printed on the cover page.

* Amount is available for surrender after completion of first three years.

* For private circulation only


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Insurance Advisor

NEETA BANKI M DOSHI

702 Adinath Tower,


Mumbai - 400 0077



Mode of Premium

Date of Report :

:

:

:

:

16/02/2010

Yearly


Accident Cover

Life Cover

Risk Covered

Rs. 5000000

Rs. 5000000

:Term 8

Details of Charges Under Scenario I-6 %

TotalService

Ta xAdmin

Other Charges

Age Rate AmountAmountRate

Accident CoverLife Cover

Risk Charges

AllocationFund

Mgnt.YearGuarantee

Charges

2010 41 1125004.20 21000 0.50 2500 15310720 1639538832 3091

2011 42 250004.20 21000 0.50 2500 7657300 8199818919 6623

2012 43 250004.20 21000 0.50 2500 9123309 9769729457 10309

2013 44 -4.20 21000 0.50 2500 6693318 7167430493 10670

2014 45 -4.20 21000 0.50 2500 6845328 7329831575 11050

2015 46 -4.20 21000 0.50 2500 7003338 7499332707 11445

2016 47 -4.20 21000 0.50 2500 7168348 7676133888 11858

2017 48 -4.20 21000 0.50 2500 7340358 7860535118 12288



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Insurance Advisor

NEETA BANKI M DOSHI

702 Adinath Tower,


Mumbai - 400 0077



Mode of Premium

Date of Report :

:

:

:

:

16/02/2010

Yearly


Accident Cover

Life Cover

Risk Covered

Rs. 5000000

Rs. 5000000

:Term 8

Growth of Wealth Plus fund under Scenario II -10%**

TotalService

Ta xChargesDeath

BenefitFund/ Cash

Value

TotalPremium

Paid

AnnualPremiumAg e

End of Policy

Year

164223921343 592134341 1000000 *1 1000000 148888 15335

831052024910 702491042 2000000 *2 1000000 75345 7760

1003033220874 822087443 3000000 *3 1000000 90936 9366

762213463120 846312044 30000004 - 69103 7118

800053725639 872563845 30000005 - 72534 7471

841014010131 901013146 30000006 - 76248 7854

885454318431 931843147 30000007 - 80277 8268

933564652536 965253648 30000008 - 84638 8718

5000000499

50000005010

** Subject to conditions printed on the cover page.


# You will receive the maturity amount of Rs.4652536 in the year 2018 .



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Insurance Advisor

NEETA BANKI M DOSHI

702 Adinath Tower,


Mumbai - 400 0077



8Term :

Rs. 5000000

Rs. 5000000

Risk Covered

Life Cover

Accident Cover

Installment Premium Rs. 1000000

Yearly

16/02/2010

:

:

:

:

:Date of Report

Mode of Premium

Details of Charges Under Scenario II -10 %

TotalService

TaxAdmin

Other Charges

Ag eYear Rate AmountAmountRate


Risk Charges

AllocationFund

Mgnt.Guarantee

Charges

2010 41 7204.20 21000 153350.50 2500 164223112500 9013 3154

2011 42 3004.20 21000 77600.50 2500 8310525000 19663 6882

2012 43 3094.20 21000 93660.50 2500 10030325000 31206 10922

2013 44 3184.20 21000 71180.50 2500 76221- 33545 11740

2014 45 3284.20 21000 74710.50 2500 80005- 36080 12626

2015 46 3384.20 21000 78540.50 2500 84101- 38824 13587

2016 47 3484.20 21000 82680.50 2500 88545- 41802 14628

2017 48 3584.20 21000 87180.50 2500 93356- 45026 15755



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Insurance Advisor

NEETA BANKI M DOSHI

702 Adinath Tower,


Mumbai - 400 0077



Mode of Premium

Date of Report :

:

:

:

:

16/02/2010

Yearly


Accident Cover

Life Cover

Risk Covered

Rs. 5000000

Rs. 5000000

:Term 8

Growth of W ealth Plus fund based on LI C'S performance in Market P lus - I - BalancedFund

If we hypothetically assume similar performance of LIC in managing the fund of Wealth Plus, then the benefitscan be projected as under:

Market Plus - I - Balanced Fund of LIC was launched on 17/06/2008. The units became NAV based (initial NAV of Rs 10) on 17/06/2008. Current NAV of Wealth Plus fund as on 16-Feb-2010. is Rs. 12.1000 Average annualgrowth is : 11.49%

TotalService

TaxChargesDeath

BenefitFund/ Cash

Value

TotalPremium

Paid

AnnualPremiumAg e

End of Policy

Year

164323593401193401141 1000000 *1 1000000 15345148978

835217066456206645642 2000000 *2 1000000 779975722

1012988310364331036443 3000000*

3 1000000 945991839779958608558360855844 30000004 0 728370712

826848936091393609145 30000005 0 772174963

878319295859429585946 30000006 0 820279629

934919691024469102447 30000007 0 873084761

9392510130960513095748 30000008 0 877185154

5000000499

50000005010


# You will receive the maturity amount of Rs.5130957 in the year 2018 .

## The above illustration is purely indicative. The fund management of Wealth Plus is independent of Market Plus - I - BalancedFund and therefore Wealth Plus results can vary significantly.

## The past performance is not indication of future returns. Sustainance of such growth in future is dependant on marketconditions and hence cannot be guaranteed.



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Insurance Advisor

NEETA BANKI M DOSHI

702 Adinath Tower,


Mumbai - 400 0077



Mode of Premium

Date of Report :

:

:

:

:

16/02/2010

Yearly


Accident Cover

Life Cover

Risk Covered

Rs. 5000000

Rs. 5000000

:Term 8

Details of Charges Under Wealth Plu s fund based on LIC's performance in Market Plus - I- Balanced Fund

TotalService

TaxAdmin

Other Charges

Ag eYear Rate AmountAmountRate


Risk Charges

AllocationFund

Mgnt.Guarantee

Charges

2010 41 7204.20 21000 0.50 2500 15345 164323112500 9080 3178

2011 42 3004.20 21000 0.50 2500 7799 8352125000 19943 6979

2012 43 3094.20 21000 0.50 2500 9459 10129825000 31876 11155

2013 44 3184.20 21000 0.50 2500 7283 77995- 34737 12156

2014 45 3284.20 21000 0.50 2500 7721 82684- 37880 13256

2015 46 3384.20 21000 0.50 2500 8202 87831- 41330 14461

2016 47 3484.20 21000 0.50 2500 8730 93491- 45123 15791

2017 48 3584.20 15750 0.50 2500 8771 93925- 49297 17250



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Insurance Advisor

NEETA BANKI M DOSHI

702 Adinath Tower,


Mumbai - 400 0077



Mode of Premium Yearly

8:Term

: 16/02/2010Date of Report

Rs.1000000:Installment Premium

: Risk Covered

5000000:Accident Cover

: 5000000Life Cover

What If A nalysis of Wealth Plus

LIC's Bima Plus ULIP plan was introduced on 02/02/2001. If we assume that the NAV performance of Wealth Plus Fund will besame as that of Bima Plus - Balanced Fund in the first 8 years, then your benefits of investment in Wealth Plus policy can beforecasted as under:

DateProjected

NAVPremiumInvested

AllocationCharges

Units Alloted & Deducted

OpeningBalance

Units Alloted

UnitsDeducted

ClosingBalance

Risk Cover(End of yr.)

16/02/2010 1 10.0000 88,750.000 88,750.000 3,838.037 84,911.963112,50010,00,000 59,26,814

16/02/2011 1 10.9150 174,238.578 89,326.615 2,572.403 171,666.17525,00020,00,000 71,10,962

16/02/2012 1 12.2969 250,954.452 79,288.277 2,120.502 248,833.95025,00030,00,000 90,29,592

16/02/2013 1 16.1939 248,833.950 0.000 1,735.101 247,098.849030,00,000 92,74,390

16/02/2014 1 17.2983 247,098.849 0.000 1,472.759 245,626.090030,00,000 99,80,781

16/02/2015 1 20.2779 245,626.090 0.000 1,162.671 244,463.419030,00,000 1,17,27,022

16/02/2016 1 27.5175 244,463.419 0.000 954.502 243,508.917030,00,000 1,21,71,362

16/02/2017 1 29.4501 243,508.917 0.000 956.078 242,552.839030,00,000 1,11,87,305

16/02/2018 1 50,00,000242552.839 units redeemed for maturity @ 32.3881 = Rs.78,55,826

16/02/2019 1 50,00,000Free extended cover of Rs.50,00,000 for 2 more years

Summary of Benefits

Amount Invested

Maturity Date 16/02/2018

Highest Projected NAVduring first 7 years

32.3881

Projected NAV on MaturityDate

25.5091

Closing Balance of Units onMaturity Date

242552.839

Maturity Amount

Yield on investments

Projected NAV trends of Wealth Plus(Derived from historical performance of Bima Plus - Balanced Fund)

Rs.78,55,826 (242552.839 x 32.3881

Rs.30,00,000 in 1st 3 Years

14.64%

Units Deducted column indicates the total units deducted during the year on account of Policy Admin charges, Mortality Charges, Accident Benefit Charges & Government Service Tax.

Projected NAV is derived from the actual historical performance of Bima Plus - Balanced Fund since its inception. This is done to illustrate the possible benefitsthat can arise from Wealth Plus policy if the NAV performance of Wealth Plus fund in future is identical to the historical performance of Bima Plus - BalancedFund . Actual benefits will depend on the actual performance of the Wealth Plus fund and thus the above results may vary.

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Risk Cover is indicated as the normal death cover at end of the year. For accidental death there is an additional cover of Rs. 50000004


wealth plus - 10 lacs investment

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