1. New Children’s Money Back (Plan No. - 832)
Presented by
NEELAKANTAN P N
Insurance advisor
LIC OF INDIA, RESIDENCY ROAD
BANGALORE - 560025
Ph: 94484 52654
neel1968.lic@gmail.com
ü Ideal for planning your child’s financial goals.
ü Moderate premiums.
ü Multiple premium payment frequency to choose from.
ü Premium Discount is available for higher Sum Assured (SA).
ü Premium Waiver Rider option, will ensure the planned
returns will be payable to the child irrespective of your presence.
ü Life Cover to the extent of Sum Assured + Bonus + Final
Additional Bonus (As applicable).
ü For life assured below 8 years age - life cover will start, on
completion of 2 policy years OR 8 years of age - whichever is
early.
ü Survival benefit: An amount equal 20% of SA will be paid on
each policy anniversary on completion of 18, 20 & 22 years of
age.
ü Maturity benefit: 40% of SA+ Bonus + Final Additional
Bonus (as applicable) will be paid on completion of term.
ü Loan is Available any time after 2 policy years.
ü Policy can be back dated within the same financial year to
match an important event of your child.
ü Premium Paid is TAX EXEMPTED u/s 80 C.
ü All returns from the policy are TAX FREE u/s 10 (10) (D)
ü Free lookup period for 15 days.
Mast Neel
Benefits Illustration Summary
Sum Assured Rs. 10,00,000
Term 24 years
Premium Your Yearly premium under this
policy is Rs. 45,012. In 24 years
you will pay a total of Rs.
10,64,786.
Cash Flow Benefits
TotalGuaranteed BonusYear
17 2,00,000 0 2,00,000
19 2,00,000 0 2,00,000
21 2,00,000 0 2,00,000
24 4,00,000 15,02,000 19,02,000
Life Cover In this policy your life cover will
start at Rs. 42,227. By virtue of
bonus getting added every year,
your risk cover will grow to
Rs. 25,02,000 when your age will
be 25.
Liquidity You have an option to surrender
the policy & receive the cash
value after payment of premiums
for 3 years. Alternately, you can
even avail of loan on this policy
once the policy has acquired
cash value.
Tax Saving You will save a tax of Rs. 14,841
under Sec.80 CCE.
(age 1 years)
Illustration specially prepared for
This illustration contains guaranteed and non-guaranteed benefits.The
purpose of this illustration is solely to help you understand the projected
benefits that may be possible in future. The presenter in no manner is
promising or giving a guarantee about such projected benefits.The actual
benefits will depend upon the future performance of L.I.C. Of India with
respect to this product.
Plan Parameters
MaxMinParameter
Age
Term
Sum Assured
Modes
No Limit100000
2525
120
Yly, Hly, Qly, Mly, SSS

2. Insurance advisor
NEELAKANTAN P N
LIC OF INDIA, RESIDENCY ROAD
BANGALORE - 560025
Ph: 94484 52654
neel1968.lic@gmail.com
New Children’s Money Back Plan Presentation for Mast Neel (age 1 years)
Forecast of Insurance Benefits
Mode of Premium Yearly
Installment Premium
Date of Report 12/03/2015
Term 24
Risk Covered
45,012
Years
OptedPremium Waiver Benefit :
Age
Risk Cover
(Natural Death)
Policy
Year
Loan
Available
Cash
ValuePremium
Returns From
LIC Net Cash Flow
Tax
Saved
Net
Premium
2 42,227 0 -45,012 0 045,012- 14,841 30,1711
3 84,454 0 -44,338 0 044,338- 14,841 29,4972
4 11,44,000 0 -44,338 25,336 22,75044,338- 14,841 29,4973
5 11,92,000 0 -44,338 38,004 34,25044,338- 14,841 29,4974
6 12,40,000 0 -44,338 50,672 45,50044,338- 14,841 29,4975
7 12,88,000 0 -44,338 63,340 57,00044,338- 14,841 29,4976
8 13,36,000 0 -44,338 76,009 68,50044,338- 14,841 29,4977
9 13,84,000 0 -44,338 88,677 79,75044,338- 14,841 29,4978
10 14,32,000 0 -44,338 1,01,345 91,25044,338- 14,841 29,4979
11 14,80,000 0 -44,338 1,14,013 1,02,50044,338- 14,841 29,49710
12 15,28,000 0 -44,338 1,26,681 1,14,00044,338- 14,841 29,49711
13 15,76,000 0 -44,338 1,39,349 1,25,50044,338- 14,841 29,49712
14 16,24,000 0 -44,338 1,52,017 1,36,75044,338- 14,841 29,49713
15 16,72,000 0 -44,338 1,64,685 1,48,25044,338- 14,841 29,49714
16 17,40,000 0 -44,338 1,77,353 1,59,50044,338- 14,841 29,49715
17 17,93,000 0 -44,338 1,90,022 1,71,00044,338- 14,841 29,49716
18 18,46,000 2,00,000 1,55,662 2,02,690 1,82,50044,338- 14,841 29,49717
19 18,99,000 0 -44,338 2,15,358 1,93,75044,338- 14,841 29,49718
20 19,62,000 2,00,000 1,55,662 2,28,026 2,05,25044,338- 14,841 29,49719
21 20,30,000 0 -44,338 2,40,694 2,16,50044,338- 14,841 29,49720
22 21,08,000 2,00,000 1,55,662 2,53,362 2,28,00044,338- 14,841 29,49721
23 22,06,000 0 -44,338 2,66,030 2,39,50044,338- 14,841 29,49722
24 23,54,000 0 -44,338 2,78,698 2,50,75044,338- 14,841 29,49723
25 25,02,000 19,02,000 18,57,662 2,91,366 2,62,25044,338- 14,841 29,49724
10,64,786 14,37,21425,02,0007,08,602
DOB: 12/03/2014Personal Data:
K e y A s s u m p t i o n s
Sec. 80C Limit Available: 150000
Tax Savings on premiums will be @ 33.99 % u/s 80C
Income Tax:
Bonus: Last declared reversionary bonus has been considered for the purpose of projected Riskcover and Returns.Projections:
Terminal Bonus: Last declared terminal bonus of their respective matching discontinued plans has also been considered.