This document is a life insurance proposal for Mr. Neel Patel presented by Rajendra B Jain, a life insurance advisor with LIC of India. It proposes 7 life insurance policies with premiums totaling Rs. 48,002 annually. The proposal includes illustrations of benefits over the policy terms on death and at maturity, as well as forecasts of insurance coverage, premium payments, returns and cash flows.

1. Nidhi Investment Consultant
Presented by :-
Rajendra B Jain
+919898367973
Life Insurance Advisor LIC of India - Ahmedabad
Mr. Neel Patel
A presentation specially compiled for
"Insure & be secure"

2. Rajendra B Jain
Nidhi Investment Consultant
Life Insurance Advisor
LIC of India - Ahmedabad
+919898367973
Ref. No. 000000000080
Magic Mix Illustration for Mr. Neel Patel (age 28)
Proposed Insurance
Basic Sum
Assured Md
Tax
Beneficiary
^ Install.
Premium
Id Com.Date
Term/
PPT
Plan Name
DAB Rider
SA
Y
1 28/10/2020 936-Jeevan Labh 25/16 5,00,000 23,759
5,00,000
Y
2 28/10/2020 915-New Jeevan Anand 27/27 1,00,000 4,436
1,00,000
Y
3 28/10/2020 915-New Jeevan Anand 28/28 1,00,000 4,263
1,00,000
Y
4 28/10/2020 915-New Jeevan Anand 29/29 1,00,000 4,098
1,00,000
Y
5 28/10/2020 915-New Jeevan Anand 30/30 1,00,000 3,950
1,00,000
Y
6 28/10/2020 915-New Jeevan Anand 31/31 1,00,000 3,812
1,00,000
Y
7 28/10/2020 915-New Jeevan Anand 32/32 1,00,000 3,684
1,00,000
11,00,000
48,002
Annual Premium:
11,00,000
'^' : - Premiums indicated are inclusive of GST.
GST Bifurcation
GST
Comm.
Date
2nd Year Onward
1st Year
Sum
Assured
Details of Plan P R E M I U M
Sr.
No. Pl/Tm/PPT Basic Total GST Total
Md.
28/10/20 936/25/16 5,00,000 22,736 1,023 512
23,759 23,248
1 Y
28/10/20 915/27/27 1,00,000 4,245 191 96
4,436 4,341
2 Y
28/10/20 915/28/28 1,00,000 4,079 184 92
4,263 4,171
3 Y
28/10/20 915/29/29 1,00,000 3,922 176 88
4,098 4,010
4 Y
28/10/20 915/30/30 1,00,000 3,780 170 85
3,950 3,865
5 Y
28/10/20 915/31/31 1,00,000 3,648 164 82
3,812 3,730
6 Y
28/10/20 915/32/32 1,00,000 3,525 159 79
3,684 3,604
7 Y
46,969
1,034
48,002
2,067
45,935
11,00,000
The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.
Disclaimer:

3. Rajendra B Jain
Nidhi Investment Consultant
Life Insurance Advisor
LIC of India - Ahmedabad
+919898367973
Ref. No. 000000000080
Magic Mix Illustration for Mr. Neel Patel (age 28)
Modewise Summary of Installment Premiums
Single
Monthly
Quarterly
Half Yearly
Yearly
FAB
* Bonus
Rate
Plan/Tm/PPT
Id
P R E M I U M
Com. Date **Daily
Opted
23,759 12,001 6,061
28/10/2020 450
50
936/25/16 65.09
2,020 0
1 Y
4,436 2,240 1,131
28/10/2020 540
49
915/27/27 12.15
376 0
2 Y
4,263 2,153 1,087
28/10/2020 650
49
915/28/28 11.68
362 0
3 Y
4,098 2,069 1,045
28/10/2020 760
49
915/29/29 11.23
348 0
4 Y
3,950 1,995 1,007
28/10/2020 900
49
915/30/30 10.82
335 0
5 Y
3,812 1,925 972
28/10/2020 1100
49
915/31/31 10.44
324 0
6 Y
3,684 1,860 939
28/10/2020 1300
49
915/32/32 10.09
312 0
7 Y
48,002 24,243 12,242 131.50
4,077 0
'*' : - Assuming LIC will declare the above mentioned bonus rates for the year ended 31-Mar-2020
2.
1.
'**' : - Daily premium is for indicative purpose only. Formula used - (Yearly Premium/365).
Medical Requirement Details
Sum at Risk: No
12,50,000 Medical by DMR:
FMR
The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.
Disclaimer:

4. Rajendra B Jain
Nidhi Investment Consultant
Life Insurance Advisor
LIC of India - Ahmedabad
+919898367973
Ref. No. 000000000080
Magic Mix Illustration for Mr. Neel Patel (age 28)
Forecast of Insurance Benefits
Policy Year Ag Natural Death Accident Death Premium Returns Cash Flow
For the Year
Risk Cover Loan
Available
29 13,04,400 24,04,400 0
-48,000
0
48,000
1
30 13,58,800 24,58,800 26,049
-46,968
0
46,968
2
31 14,13,200 25,13,200 56,543
-46,968
0
46,968
3
32 14,67,600 25,67,600 1,03,685
-46,968
0
46,968
4
33 15,22,000 26,22,000 1,32,295
-46,968
0
46,968
5
34 15,76,400 26,76,400 1,61,136
-46,968
0
46,968
6
35 16,30,800 27,30,800 1,90,133
-46,968
0
46,968
7
36 16,85,200 27,85,200 2,24,627
-46,968
0
46,968
8
37 17,39,600 28,39,600 2,60,459
-46,968
0
46,968
9
38 17,94,000 28,94,000 2,98,669
-46,968
0
46,968
10
39 18,48,400 29,48,400 3,45,798
-46,968
0
46,968
11
40 19,02,800 30,02,800 3,97,230
-46,968
0
46,968
12
41 19,57,200 30,57,200 4,53,293
-46,968
0
46,968
13
42 20,11,600 31,11,600 5,14,115
-46,968
0
46,968
14
43 20,82,000 31,82,000 5,81,918
-46,968
0
46,968
15
44 21,41,900 32,41,900 6,59,408
-46,968
0
46,968
16
45 22,01,800 33,01,800 7,27,513
-23,720
0
23,720
17
46 22,61,700 33,61,700 8,04,860
-23,720
0
23,720
18
47 23,26,600 34,26,600 8,96,080
-23,720
0
23,720
19
48 23,97,000 34,97,000 9,95,910
-23,720
0
23,720
20
49 24,72,400 35,72,400 11,07,031
-23,720
0
23,720
21
50 25,69,800 36,69,800 12,36,221
-23,720
0
23,720
22
51 27,16,200 38,16,200 13,79,116
-23,720
0
23,720
23
52 28,68,600 39,68,600 15,39,053
-23,720
0
23,720
24
53 30,33,000 41,33,000 17,19,501
13,26,280
13,50,000
23,720
25
54 17,72,400 23,72,400 9,10,686
-23,720
0
23,720
26
55 18,67,800 24,67,800 10,23,864
2,62,580
2,86,300
23,720
27
56 17,36,000 22,36,000 9,11,924
2,82,820
3,02,200
19,380
28
57 15,72,400 19,72,400 7,80,570
3,02,891
3,18,100
15,209
29
58 13,86,000 16,86,000 6,26,383
3,25,801
3,37,000
11,199
30
59 11,73,800 13,73,800 4,46,828
3,54,566
3,61,900
7,334
31
60 9,11,800 10,11,800 2,39,117
3,83,196
3,86,800
3,604
32
61 6,00,000 6,00,000 0
0
0
0
33
62 6,00,000 6,00,000 0
0
0
0
34
63 6,00,000 6,00,000 0
0
0
0
35
64 6,00,000 6,00,000 0
0
0
0
36
65 6,00,000 6,00,000 0
0
0
0
37
66 6,00,000 6,00,000 0
0
0
0
38
67 6,00,000 6,00,000 0
0
0
0
39
68 6,00,000 6,00,000 0
0
0
0
40
69 6,00,000 6,00,000 0
0
0
0
41
The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.
Disclaimer:

5. Rajendra B Jain
Nidhi Investment Consultant
Life Insurance Advisor
LIC of India - Ahmedabad
+919898367973
Ref. No. 000000000080
Magic Mix Illustration for Mr. Neel Patel (age 28)
Policy Year Ag Natural Death Accident Death Premium Returns Cash Flow
For the Year
Risk Cover Loan
Available
70 6,00,000 6,00,000 0
0
0
0
42
71 6,00,000 6,00,000 0
0
0
0
43
72 6,00,000 6,00,000 0
0
0
0
44
73 6,00,000 6,00,000 0
0
0
0
45
74 6,00,000 6,00,000 0
0
0
0
46
75 6,00,000 6,00,000 0
0
0
0
47
76 6,00,000 6,00,000 0
0
0
0
48
77 6,00,000 6,00,000 0
0
0
0
49
78 6,00,000 6,00,000 0
0
0
0
50
79 6,00,000 6,00,000 0
0
0
0
51
80 6,00,000 6,00,000 0
0
0
0
52
81 6,00,000 6,00,000 0
0
0
0
53
82 6,00,000 6,00,000 0
0
0
0
54
83 6,00,000 6,00,000 0
0
0
0
55
84 6,00,000 6,00,000 0
0
0
0
56
85 6,00,000 6,00,000 0
0
0
0
57
86 6,00,000 6,00,000 0
0
0
0
58
87 6,00,000 6,00,000 0
0
0
0
59
88 6,00,000 6,00,000 0
0
0
0
60
89 6,00,000 6,00,000 0
0
0
0
61
90 6,00,000 6,00,000 0
0
0
0
62
91 6,00,000 6,00,000 0
0
0
0
63
92 6,00,000 6,00,000 0
0
0
0
64
93 6,00,000 6,00,000 0
0
0
0
65
94 6,00,000 6,00,000 0
0
0
0
66
95 6,00,000 6,00,000 0
0
0
0
67
96 6,00,000 6,00,000 0
0
0
0
68
97 6,00,000 6,00,000 0
0
0
0
69
98 6,00,000 6,00,000 0
0
0
0
70
99 6,00,000 6,00,000 0
0
0
0
71
100 6,00,000 6,00,000 0
5,79,300
5,79,300
0
72
10,70,166 28,51,434
39,21,600
The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.
Disclaimer:

6. Rajendra B Jain
Nidhi Investment Consultant
Life Insurance Advisor
LIC of India - Ahmedabad
+919898367973
Ref. No. 000000000080
Magic Mix Illustration for Mr. Neel Patel (age 28)
Innovative Forecast of Insurance Benefits
For the Year
Age Natural Death Accident Death
For the Year
Payment Returns Cash Flow
Loan
Available
Policy Year
29 26,08,800 37,08,800 48,000 0 -48,000 0
1
30 27,17,600 38,17,600 46,968 0 -46,968 26,049
2
31 28,26,400 39,26,400 46,968 0 -46,968 56,543
3
32 29,35,200 40,35,200 46,968 0 -46,968 1,03,685
4
33 30,44,000 41,44,000 46,968 0 -46,968 1,32,295
5
34 31,52,800 42,52,800 46,968 0 -46,968 1,61,136
6
35 32,61,600 43,61,600 46,968 0 -46,968 1,90,133
7
36 33,70,400 44,70,400 46,968 0 -46,968 2,24,627
8
37 34,79,200 45,79,200 46,968 0 -46,968 2,60,459
9
38 35,88,000 46,88,000 46,968 0 -46,968 2,98,669
10
39 36,96,800 47,96,800 46,968 0 -46,968 3,45,798
11
40 38,05,600 49,05,600 46,968 0 -46,968 3,97,230
12
41 39,14,400 50,14,400 46,968 0 -46,968 4,53,293
13
42 40,23,200 51,23,200 46,968 0 -46,968 5,14,115
14
43 41,64,000 52,64,000 46,968 0 -46,968 5,81,918
15
44 42,83,800 53,83,800 46,968 0 -46,968 6,59,408
16
45 44,03,600 55,03,600 23,720 0 -23,720 7,27,513
17
46 45,23,400 56,23,400 23,720 0 -23,720 8,04,860
18
47 46,53,200 57,53,200 23,720 0 -23,720 8,96,080
19
48 47,94,000 58,94,000 23,720 0 -23,720 9,95,910
20
49 49,44,800 60,44,800 23,720 0 -23,720 11,07,031
21
50 51,39,600 62,39,600 23,720 0 -23,720 12,36,221
22
51 54,32,400 65,32,400 23,720 0 -23,720 13,79,116
23
52 57,37,200 68,37,200 23,720 0 -23,720 15,39,053
24
53 60,66,000 71,66,000 23,720 13,50,000 13,26,280 17,19,501
25
54 35,44,800 41,44,800 23,720 0 -23,720 9,10,686
26
55 37,35,600 43,35,600 23,720 2,86,300 2,62,580 10,23,864
27
56 34,72,000 39,72,000 19,380 3,02,200 2,82,820 9,11,924
28
57 31,44,800 35,44,800 15,209 3,18,100 3,02,891 7,80,570
29
58 27,72,000 30,72,000 11,199 3,37,000 3,25,801 6,26,383
30
59 23,47,600 25,47,600 7,334 3,61,900 3,54,566 4,46,828
31
60 18,23,600 19,23,600 3,604 3,86,800 3,83,196 2,39,117
32
61 12,00,000 12,00,000 0 0 0 0
33
62 12,00,000 12,00,000 0 0 0 0
34
63 12,00,000 12,00,000 0 0 0 0
35
The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.
Disclaimer:

7. Rajendra B Jain
Nidhi Investment Consultant
Life Insurance Advisor
LIC of India - Ahmedabad
+919898367973
Ref. No. 000000000080
Magic Mix Illustration for Mr. Neel Patel (age 28)
For the Year
Age Natural Death Accident Death
For the Year
Payment Returns Cash Flow
Loan
Available
Policy Year
64 12,00,000 12,00,000 0 0 0 0
36
65 12,00,000 12,00,000 0 0 0 0
37
66 12,00,000 12,00,000 0 0 0 0
38
67 12,00,000 12,00,000 0 0 0 0
39
68 12,00,000 12,00,000 0 0 0 0
40
69 12,00,000 12,00,000 0 0 0 0
41
70 12,00,000 12,00,000 0 0 0 0
42
71 12,00,000 12,00,000 0 0 0 0
43
72 12,00,000 12,00,000 0 0 0 0
44
73 12,00,000 12,00,000 0 0 0 0
45
74 12,00,000 12,00,000 0 0 0 0
46
75 12,00,000 12,00,000 0 0 0 0
47
76 12,00,000 12,00,000 0 0 0 0
48
77 12,00,000 12,00,000 0 0 0 0
49
78 12,00,000 12,00,000 0 0 0 0
50
79 12,00,000 12,00,000 0 0 0 0
51
80 12,00,000 12,00,000 0 0 0 0
52
81 12,00,000 12,00,000 0 0 0 0
53
82 12,00,000 12,00,000 0 0 0 0
54
83 12,00,000 12,00,000 0 0 0 0
55
84 12,00,000 12,00,000 0 0 0 0
56
85 12,00,000 12,00,000 0 0 0 0
57
86 12,00,000 12,00,000 0 0 0 0
58
87 12,00,000 12,00,000 0 0 0 0
59
88 12,00,000 12,00,000 0 0 0 0
60
89 12,00,000 12,00,000 0 0 0 0
61
90 12,00,000 12,00,000 0 0 0 0
62
91 12,00,000 12,00,000 0 0 0 0
63
92 12,00,000 12,00,000 0 0 0 0
64
93 12,00,000 12,00,000 0 0 0 0
65
94 12,00,000 12,00,000 0 0 0 0
66
95 12,00,000 12,00,000 0 0 0 0
67
96 12,00,000 12,00,000 0 0 0 0
68
97 12,00,000 12,00,000 0 0 0 0
69
98 12,00,000 12,00,000 0 0 0 0
70
99 12,00,000 12,00,000 0 0 0 0
71
The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.
Disclaimer:

8. Rajendra B Jain
Nidhi Investment Consultant
Life Insurance Advisor
LIC of India - Ahmedabad
+919898367973
Ref. No. 000000000080
Magic Mix Illustration for Mr. Neel Patel (age 28)
For the Year
Age Natural Death Accident Death
For the Year
Payment Returns Cash Flow
Loan
Available
Policy Year
100 12,00,000 12,00,000 0 5,79,300 5,79,300 0
72
28,51,434
39,21,600
10,70,166
Payment to L.I.C. indicates Annual Premium
Returns in the Year indicates Normal Cash Flow and /or Cash Flow taken from L.I.C. in installments (Inclusive of Interest).
Explanatory Notes
Age and Returns shown are at the end of the specific year.
The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.
Disclaimer:

9. Rajendra B Jain
Nidhi Investment Consultant
Life Insurance Advisor
LIC of India - Ahmedabad
+919898367973
Ref. No. 000000000080
Magic Mix Illustration for Mr. Neel Patel (age 28)
Personal Data: DOB: 03/09/1992
K e y A s s u m p t i o n s
Income Tax: Sec. 80C Limit Available: 150000Sec. 80D Limit Available: 15000
Tax Savings on premiums will be @ 30.90 % u/s 80C and @ 30.90 % u/s 80D
Terminal Bonus: On applicable plans, last declared terminal bonus of their respective matching discontinued plans has also been
considered.
Bonus: On applicable plans, last declared reversionary bonus has been considered for the purpose of projected Riskcover and
Returns.
Projections:
Age and Returns shown are at the end of the specific year.
Note : For Plan 915 - Amount shown at age 99 is surrender value, however it’s not compulsory to surrender the policy, policy
holder can enjoy life cover till life.
The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.
Disclaimer:

10. Rajendra B Jain
Nidhi Investment Consultant
Life Insurance Advisor
LIC of India - Ahmedabad
+919898367973
Ref. No. 000000000080
Magic Mix Illustration for Mr. Neel Patel (age 28)
Premium Breakup & Tax Implication (for the year)
Premium Breakup
Basic Total
Eligible
Amount
Tax Ben.
@30.9%
u/s 80 D
Tax Ben.
@30.9%
Eligible
Amount
Total
Benefit
Policy Year PWB
u/s 80 CCE
Accidental
Benefit
46,697 1,303 48,000 14,193
0
0
14,193
45,935
1 0
45,691 1,277 46,968 14,193
0
0
14,193
45,935
2 0
45,691 1,277 46,968 14,193
0
0
14,193
45,935
3 0
45,691 1,277 46,968 14,193
0
0
14,193
45,935
4 0
45,691 1,277 46,968 14,193
0
0
14,193
45,935
5 0
45,691 1,277 46,968 14,193
0
0
14,193
45,935
6 0
45,691 1,277 46,968 14,193
0
0
14,193
45,935
7 0
45,691 1,277 46,968 14,193
0
0
14,193
45,935
8 0
45,691 1,277 46,968 14,193
0
0
14,193
45,935
9 0
45,691 1,277 46,968 14,193
0
0
14,193
45,935
10 0
45,691 1,277 46,968 14,193
0
0
14,193
45,935
11 0
45,691 1,277 46,968 14,193
0
0
14,193
45,935
12 0
45,691 1,277 46,968 14,193
0
0
14,193
45,935
13 0
45,691 1,277 46,968 14,193
0
0
14,193
45,935
14 0
45,691 1,277 46,968 14,193
0
0
14,193
45,935
15 0
45,691 1,277 46,968 14,193
0
0
14,193
45,935
16 0
23,108 612 23,720 7,168
0
0
7,168
23,199
17 0
23,108 612 23,720 7,168
0
0
7,168
23,199
18 0
23,108 612 23,720 7,168
0
0
7,168
23,199
19 0
23,108 612 23,720 7,168
0
0
7,168
23,199
20 0
23,108 612 23,720 7,168
0
0
7,168
23,199
21 0
23,108 612 23,720 7,168
0
0
7,168
23,199
22 0
23,108 612 23,720 7,168
0
0
7,168
23,199
23 0
23,108 612 23,720 7,168
0
0
7,168
23,199
24 0
23,108 612 23,720 7,168
0
0
7,168
23,199
25 0
23,108 612 23,720 7,168
0
0
7,168
23,199
26 0
23,108 612 23,720 7,168
0
0
7,168
23,199
27 0
18,870 510 19,380 5,856
0
0
5,856
18,954
28 0
14,801 408 15,209 4,596
0
0
4,596
14,875
29 0
10,893 306 11,199 3,384
0
0
3,384
10,953
30 0
7,130 204 7,334 2,216
0
0
2,216
7,173
31 0
3,502 102 3,604 1,089
0
0
1,089
3,525
32 0
10,41,446 28,720 3,23,077
0
0
3,23,077
10,45,629
10,70,166
0
The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.
Disclaimer:

11. Rajendra B Jain
Nidhi Investment Consultant
Life Insurance Advisor
LIC of India - Ahmedabad
+919898367973
Ref. No. 000000000080
Magic Mix Illustration for Mr. Neel Patel (age 28)
Premium Calendar
Mar
Feb
Jan
Dec
Nov
Oct
Sep
Aug
Jul
Jun
May
Apr
Id
-
-
-
-
-
23,759
-
-
-
-
-
-
1
-
-
-
-
-
4,436
-
-
-
-
-
-
2
-
-
-
-
-
4,263
-
-
-
-
-
-
3
-
-
-
-
-
4,098
-
-
-
-
-
-
4
-
-
-
-
-
3,950
-
-
-
-
-
-
5
-
-
-
-
-
3,812
-
-
-
-
-
-
6
-
-
-
-
-
3,684
-
-
-
-
-
-
7
48,002
- - - -
- - - - - 48,002 - -
Annual Premium :
The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the
proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.
Disclaimer: