1. @ Age 18
Receive
₹ 15,64,211
for Graduation
@ Age 19
Receive
₹ 5,05,015
for Graduation
@ Age 20
Receive
₹ 7,42,109
for Graduation
@ Age 21
Receive
₹ 18,23,740
for Post
Graduation
@ Age 22
Receive
₹ 12,93,020
for Post
Graduation
@ Age 23
Receive
₹ 41,68,060
for Marriage
Invest
₹ 3,60,266
in 1st Yr.
₹ 3,54,272
for Next
16 years
club both quotation in Magic Mix Plus to create same combination for your customers) support@magicgyan.com
(Use Magic Mix to Create Seaprate Combination in name of each life and
DATACOMP WEB TECHNOLOGIES (I) PVT. LTD.
Presented By:-
Kum. Swaragini Ambani
and his daughter
Mr. Sangyan Ambani
Specially prepared for
2. Premium
payment
will
STOP
immediately
@ Age 23
Receive
₹ 43,71,840
for Marriage
@ Age 22
Receive
₹ 13,66,800
for Post
Graduation
@ Age 21
Receive
₹ 19,28,520
for Post
Graduation
@ Age 20
Receive
₹ 9,07,680
for Graduation
@ Age 19
Receive
₹ 7,00,720
for Graduation
(Use Magic Mix to Create Seaprate Combination in name of each life and
DATACOMP WEB TECHNOLOGIES (I) PVT. LTD.
Presented By:-
Mr. Sangyan Ambani
Specially prepared for
and his daughter
Kum. Swaragini Ambani
club both quotation in Magic Mix Plus to create same combination for your customers) support@magicgyan.com
@ Age 18
Receive
₹ 18,86,850
for Graduation
Your daughter will get
₹ 5,56,000* p.a.
This will help to cope up with her
education expenses.
* The amount recievable is to the extent of 10%
of Sum Assured of Inforce Policy/s
How this insurance solution protects your child
God forbids, if something happens to you and you are not there to take care
of Kum. Swaragini Ambani after, say 10 years, then New Bal Suraksha will
protect her future as below:
Your family will get
₹ 2,62,95,410
in lump sum.
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support@magicgyan.com
Magic Plan - New Bal Suraksha Qtn. Ref. No : MyQuot Dated. : 05/06/2015
:
:
:
:
:
:
Proposer's Age
Child's Age
Yearly Premium
Proposer’s Name
Child’s Name
Sum Proposed 81,60,000
Mr. Sangyan Ambani 32
2Kum. Swaragini Ambani (ALB)
(ANB)
₹ 3,60,266 1st yr & 2nd yr Onwards ₹ 3,54,272
: 0Sec. 80C Invt.Lmt. 0.00 %Sec. 80C Tax Rebate :
Year wise details of benefits of this plan
Total Benefit
On
Maturity
In
Installments
Till maturiy
Immediate
on Death
Death BenefitAge Premium Payment
From
Own Fund
From
Returns
Net
Premium
Tax
SavingChildYour
Desired
Income
Net
Surplus
Returns
From
L.I.C.Year
#
51,00,0002015 33 3 00 3,60,266 0003,60,2661,00,33,000 1,11,62,410 2,62,95,410
51,00,0002016 34 4 00 3,54,272 0003,54,27294,77,000 1,11,62,410 2,57,39,410
51,00,0002017 35 5 00 3,54,272 0003,54,27289,21,000 1,11,62,410 2,51,83,410
51,00,0002018 36 6 00 3,54,272 0003,54,27283,65,000 1,11,62,410 2,46,27,410
51,00,0002019 37 7 00 3,54,272 0003,54,27278,09,000 1,11,62,410 2,40,71,410
51,00,0002020 38 8 00 3,54,272 0003,54,27272,53,000 1,11,62,410 2,35,15,410
51,00,0002021 39 9 00 3,54,272 0003,54,27266,97,000 1,11,62,410 2,29,59,410
51,00,0002022 40 10 00 3,54,272 0003,54,27261,41,000 1,11,62,410 2,24,03,410
51,00,0002023 41 11 00 3,54,272 0003,54,27255,85,000 1,11,62,410 2,18,47,410
51,00,0002024 42 12 00 3,54,272 0003,54,27250,29,000 1,11,62,410 2,12,91,410
51,00,0002025 43 13 00 3,54,272 0003,54,27244,73,000 1,11,62,410 2,07,35,410
51,00,0002026 44 14 00 3,54,272 0003,54,27239,17,000 1,11,62,410 2,01,79,410
51,00,0002027 45 15 00 3,54,272 0003,54,27233,61,000 1,11,62,410 1,96,23,410
51,00,0002028 46 16 00 2,75,890 0002,75,89028,05,000 1,11,62,410 1,90,67,410
51,00,0002029 47 17 00 2,49,316 0002,49,31622,49,000 1,11,62,410 1,85,11,410
51,00,0002030 48 18 17,78,2460 2,17,639 15,64,21117,81,8502,17,639016,93,000 1,11,62,410 1,79,55,410
51,00,0002031 49 19 6,46,2650 1,57,705 5,05,0156,62,7201,57,705012,42,000 92,75,560 1,56,17,560
51,00,0002032 50 20 8,56,3020 1,17,571 7,42,1098,59,6801,17,57108,29,000 85,74,840 1,45,03,840
51,00,0002033 51 21 18,15,3600 5,780 18,23,74018,29,5205,78004,64,000 76,67,160 1,32,31,160
51,00,0002034 52 22 12,82,8540 5,780 12,93,02012,98,8005,78001,98,000 57,38,640 1,10,36,640
45,80,0002035 53 23 40,79,4760 5,780 41,68,06041,73,8405,78000 43,71,840 89,51,840
5,10,255 1,06,06,4100 56,46,991 1,00,96,15551,36,736 1,04,58,50341,73,47,60021,42,26,6009,65,41,000
Additional Benefit (Accidental Death & Disability benefit):-
Incase of death due to accident: Rs.55,60,000 will be paid immediately to nominee in addition to the amount shown in Death Benefit "Immediate on
death". Incase of Permanent disability due to accident : All future premiums will be waived & an amount of Rs. 46,333 will be paid per month
till next 120 months.
Death benefit :-#
Immediate on death is the Sum Assured of opted Term Rider & Term Insurance Plan.
In Installment till maturity is total of family income benefit which will be paid p.a. on policy anniversary after the date of death till one year prior to maturity.
On Maturity a sum of 110% S. A. + Bonus for full term + FAB (As applicable on maturity) will be paid.
Notes :-
l Magic Plan - New Bal Suraksha is a combination of LIC Plans No. 833 & 823 specially researched to meet the objective of securing your child’s future &
Financial goal.
l The returns shown in this illustration has been calculated on the basis of the Last declared bonus rates of similar plan No. 103, for the year
ended 31-Mar-2014. Actual results may deviate depending on future bonuses declared by LIC. The estimation is only for the purpose of
understanding the benefits of this illustration and is purely indicative / non-guaranteed. Final figures may differ as per the actual experience
of the plan performance by L.I.C. of India.
l The effective yield in the above proposal works out to 5.81 % (calculated as per IRR method)
l Premium shown in the chart is inclusive of service tax as applicable on report date.
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club both quotation in Magic Mix Plus to create same combination for your customers)
support@magicgyan.com
Magic Plan - New Bal Suraksha Qtn. Ref. No : MyQuot Dated. : 05/06/2015
:
:
:
:
:
:
Proposer's Age
Child's Age
Yearly Premium
Proposer’s Name
Child’s Name
Sum Proposed 81,60,000
Mr. Sangyan Ambani 32
2Kum. Swaragini Ambani (ALB)
(ANB)
₹ 3,60,266 1st yr & 2nd yr Onwards ₹ 3,54,272
" What if " Scenario in case of unfortunate death of Life assured.
Premium ReceivableReceivablePremium
Year
Returns
Paid Waived Immediate
Annual
Family
Income
If Death occurs in 8th Year
Annual
Family
IncomeImmediateWaivedPaid
If Death occurs in 4th Year
Desired
Income
Returns
From L.I.C.
Child
Age
1 3 3,60,266 0 0 0 3,60,266 0 0 0 0 0
2 4 3,54,272 0 0 0 3,54,272 0 0 0 0 0
3 5 3,54,272 0 0 0 3,54,272 0 0 0 0 0
4 6 3,54,272 0 0 0 3,54,272 0 0 0 0 0
5 7 3,54,272 0 0 0 3,54,272 0 0 0 0 0
6 8 0 3,54,272 51,00,000 0 3,54,272 0 0 0 0 0
7 9 0 3,54,272 0 5,56,000 3,54,272 0 0 0 0 0
8 10 0 3,54,272 0 5,56,000 3,54,272 0 0 0 0 0
9 11 0 3,54,272 0 5,56,000 3,54,272 0 0 0 0 0
10 12 0 3,54,272 0 5,56,000 0 3,54,272 51,00,000 0 0 0
11 13 0 3,54,272 0 5,56,000 0 3,54,272 0 5,56,000 0 0
12 14 0 3,54,272 0 5,56,000 0 3,54,272 0 5,56,000 0 0
13 15 0 3,54,272 0 5,56,000 0 3,54,272 0 5,56,000 0 0
14 16 0 2,75,890 0 5,56,000 0 2,75,890 0 5,56,000 0 0
15 17 0 2,49,316 0 5,56,000 0 2,49,316 0 5,56,000 0 0
16 18 0 2,17,639 0 5,56,000 0 2,17,639 0 5,56,000 17,78,246 18,86,850
17 19 0 1,57,705 0 4,51,000 0 1,57,705 0 4,51,000 6,46,265 7,00,720
18 20 0 1,17,571 0 4,13,000 0 1,17,571 0 4,13,000 8,56,302 9,07,680
19 21 0 5,780 0 3,65,000 0 5,780 0 3,65,000 18,15,360 19,28,520
20 22 0 5,780 0 2,66,000 0 5,780 0 2,66,000 12,82,854 13,66,800
21 23 0 5,780 0 1,98,000 0 5,780 0 1,98,000 40,79,476 43,71,840
1,11,62,4101,04,58,50350,29,00051,00,00024,52,54931,94,44272,53,00051,00,00038,69,63717,77,354
# Maturity amount is inclusive of 10% of S.A. paid additionally due to death during the policy term
Additional Benefit (Accidental Death & Disability benefit):-
Incase of death due to accident: Rs.55,60,000 will be paid immediately to nominee in addition to the amount shown in Death Benefit Immediate on
death.Incase of Permanent disability due to accident : All future premiums will be waived & an amount of Rs.46,333 will be paid per month till
next 120 months.
Notes :-
Immediate on death is the Sum Assured of opted for Term Rider(25,00,000) & Term Insurance Plan(26,00,000).
Annual Family Income is 10% of S. A. of inforce policies payable to nominee as family income benefit which will be paid p.a. on policy anniversary after the
date of death till one year prior to maturity.
Returns from LIC is a sum of 110% S. A. (enhanced sum assured due to death)+ Bonus for full term + FAB (As applicable on maturity) will be paid.
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club both quotation in Magic Mix Plus to create same combination for your customers)
support@magicgyan.com
Magic Plan - New Bal Suraksha Qtn. Ref. No : MyQuot Dated. : 05/06/2015
Proposer’s Name Proposer’s DOB 32 (ANB)Mr. Sangyan Ambani Age :05/06/1983::
Proposed Insurance
TotalS.TaxTotalS. TaxBasic
Assu
FAB
Step
Rate
Assu
BonusBasicPl/Tm/PPT
Sr.
No.
P R E M I U M**
Term RiderDAB
Details of Plan
Sum Assured
Benefit Forecasting
1st Year 2nd Year Onward
254210,50,000833/16/131 010,50,000 0 77,034 2,696 1,348 78,38279,730
30423,80,000833/17/142 03,80,000 0 26,117 914 457 26,57427,031
35424,80,000833/18/153 04,80,000 0 31,132 1,090 545 31,67732,222
50429,90,000833/19/164 09,90,000 0 58,903 2,062 1,031 59,93460,965
70426,80,000833/20/175 06,80,000 5,20,000 39,444 1,381 690 40,13440,825
1004819,80,000833/21/186 019,80,000 19,80,000 1,09,868 3,845 1,923 1,11,7911,13,713
0026,00,000823/21/217 00 0 5,070 710 710 5,7805,780
81,60,000 6,704 3,54,2723,47,568 12,698 3,60,26655,60,000 25,00,000
Mode wise summary of Installment premium
P R E M I U M**Sr.
No.
Sum Assured
Pl/Tm/PPT Basic DAB Term RiderPlan Name SSS Mly. Qly. Hly. Yly.
79,73040,28220,3496,7836,78310,50,000833/16/131 10,50,000 0Jeevan Lakshya
27,03113,6566,8972,2992,2993,80,000833/17/142 3,80,000 0Jeevan Lakshya
32,22216,2778,2222,7412,7414,80,000833/18/153 4,80,000 0Jeevan Lakshya
60,96530,80315,5625,1875,1879,90,000833/19/164 9,90,000 0Jeevan Lakshya
40,82520,62810,4203,4733,4736,80,000833/20/175 6,80,000 5,20,000Jeevan Lakshya
1,13,71357,45729,0299,6779,67719,80,000833/21/186 19,80,000 19,80,000Jeevan Lakshya
5,7803,76000026,00,000823/21/217 0 0Amulya Jeevan - II
30,160 90,479 1,82,863 3,60,26630,160
Medical Requirement Details
Sum at Risk : Medical by DMR : YES1,06,60,000
Rest ECG, Haemogram, SBT-13, RUA