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Statutory warning:

"Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your Insurer carrying on life insurance business. 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 future investment returns. These assumed rates of return are not guaranteed and they are not the upper or lower limits of what you might get back, as the value of your policy is dependent on a number of factors including future investment performance."

Benefit Illustration
UIN: 512N267V01 
LIC's Jeevan Ankur

Illustration 1

Age at entry: 35 years

Policy term: 25 years

Mode of premium payment: Yearly

Amount of annual premium: Rs.3587/- *

Sum Assured : Rs. 100,000 /-

 

 

End of Year

Total Premiums Paid Till End Of Year
Amount Payable on Death during the Year **

Amount payable on Maturity at the end of year

Guaranteed

Variable

Total

Scenario
1

Scenario
2

Scenario
1

Scenario
2

1

3587

100000

0

0

0

0

0

2

7174

100000

0

0

0

0

0

3

10761

100000

0

0

0

0

0

4

14348

100000

0

0

0

0

0

5

17935

100000

0

0

0

0

0

6

21522

100000

0

0

0

0

0

7

25109

100000

0

0

0

0

0

8

28696

100000

0

0

0

0

0

9

32283

100000

0

0

0

0

0

10

35870

100000

0

0

0

0

0

11

39457

100000

0

0

0

0

0

12

43044

100000

0

0

0

0

0

13
46631

100000

00000
14
50218

100000

00000
15
53805

100000

00000
16
57392

100000

00000
17
60979

100000

00000
18
64566

100000

00000
19
68153

100000

00000
20
71740

100000

00000
21
75327

100000

00000
22
78914

100000

00000
23
82501

100000

00000
24
86088

100000

00000
25
89675

100000

100000750094000107500194000

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

* Note:- The annual premium shown above is exclusive of Service Tax.
** In addition to Basic Sum Assured an amount equal to 10% of the Basic Sum Assured (referred to as “Income Benefit”) shall be payable on each policy anniversary, from the policy anniversary coinciding with or next following the date of death of Life Assured, till the end of policy term to the nominee.

 

Illustration 2
Age at entry: 35 years
Policy term: 10 years
Mode of premium payment: Yearly
Amount of annual premium: Rs.9055/- *
Sum Assured: Rs. 100,000/-

 

 

End of Year

Total Premiums Paid Till End Of Year
Amount Payable onDeathduring the Year **

Amount payable on Maturity at the end of year

Guaranteed

Variable

Total

Scenario
1

Scenario
2

Scenario
1

Scenario
2

1

9055

100000

0

0

0

0

0

2

18110

100000

0

0

0

0

0

3

27165

100000

0

0

0

0

0

4

36220

100000

0

0

0

0

0

5

45275

100000

0

0

0

0

0

6

54330

100000

0

0

0

0

0

7

63385

100000

0

0

0

0

0

8

72440

100000

0

0

0

0

0

9

81495

100000

0

0

0

0

0

10

90550

100000

100000

0

20000

100000

120000

 

 

 

 

 

 

 

 

 

 

 

 

* Note:- The annual premium shown above is exclusive of Service Tax.
** In addition to Basic Sum Assured an amount equal to 10% of the Basic Sum Assured (referred to as “Income Benefit”) shall be payable on each policy anniversary, from the policy anniversary coinciding with or next following the date of death of Life Assured, till the end of policy term to the nominee. 

Illustration 3 
Age at entry: 35 years
Policy term: 25 years
Mode of premium payment: Single
Amount of annual premium: Rs.40900/- *
Sum Assured : Rs. 100,000 /-

 

 

End of Year

Total Premiums Paid Till End Of Year
Amount Payable onDeathduring the Year **

Amount payable on Maturity at the end of year

Guaranteed

Variable



Total

Scenario
1

Scenario
2

Scenario
1

Scenario
2

1

40900

100000

0

0

0

0

0

2

40900

100000

0

0

0

0

0

3

40900

100000

0

0

0

0

0

4

40900

100000

0

0

0

0

0

5

40900

100000

0

0

0

0

0

6

40900

100000

0

0

0

0

0

7

40900

100000

0

0

0

0

0

8

40900

100000

0

0

0

0

0

9

40900

100000

0

0

0

0

0

10

40900

100000

0

0

0

0

0

11

40900

100000

0

0

0

0

0

12

40900

100000

0

0

0

0

0

13
40900

100000

00000
14
40900

100000

00000
15
40900

100000

00000
16
40900

100000

00000
17
40900

100000

00000
18
40900

100000

00000
19
40900

100000

00000
20
40900

100000

00000
21
40900

100000

00000
22
40900

100000

00000
23
40900

100000

00000
24
40900

100000

00000
25
40900

100000

1000009000180000109000280000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

* Note:- The single premium shown above is exclusive of Service Tax.
** In addition to Basic Sum Assured an amount equal to 10% of the Basic Sum Assured (referred to as “Income Benefit”) shall be payable on each policy anniversary, from the policy anniversary coinciding with or next following the date of death of Life Assured, till the end of policy term to the nominee.

 

Illustration 4
Age at entry: 35 years
Policy term: 10 years
Mode of premium payment: Single
Amount of annual premium: Rs.62565/- *
Sum Assured: Rs. 100,000/-

End of Year

Total Premiums Paid Till End Of Year
Amount Payable onDeathduring the Year **

Amount payable on Maturity at the end of year

Guaranteed

Variable

Total

Scenario
1

Scenario
2

Scenario
1

Scenario
2

1

62565

100000

0

0

0

0

0

2

62565

100000

0

0

0

0

0

3

62565

100000

0

0

0

0

0

4

62565

100000

0

0

0

0

0

5

62565

100000

0

0

0

0

0

6

62565

100000

0

0

0

0

0

7

62565

100000

0

0

0

0

0

8

62565

100000

0

0

0

0

0

9

62565

100000

0

0

0

0

0

10

62565

100000

100000

0

36000

100000

136000

 

 

 

 

 

 

 

 

 

 

 

 

* Note:- The single premium shown above is exclusive of Service Tax.

** In addition to Basic Sum Assured an amount equal to 10% of the Basic Sum Assured (referred to as “Income Benefit”) shall be payable on each policy anniversary, from the policy anniversary coinciding with or next following the date of death of Life Assured, till the end of policy term to the nominee.

Notes :

i) This illustration is applicable to a 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 LIC 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.

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Benefit Illustration of LIC Jeevan Ankur Policy
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