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    945-Jeevan Umang: Prepared by

    Uploaded by

    Vishal Gupta
    This document summarizes a proposed 945-Jeevan Umang life insurance plan. The proposer is 41 years old. The sum assured is Rs. 15 lakh with a policy term of 59 years. Premiums of Rs. 122,883 must be paid yearly for 15 years from ages 41-55. A total of Rs. 1,806,201 will be paid in premiums. From ages 56-99, Rs. 120,000 will be received annually. The policy pays a natural death benefit or accidental death benefit as indicated in tables. At age 100, Rs. 11,869,500 will be received. The policy can be surrendered for a cash value as indicated in tables. Loans can be taken

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    945-Jeevan Umang: Prepared by

    Uploaded by

    Vishal Gupta
    36 views7 pages
    This document summarizes a proposed 945-Jeevan Umang life insurance plan. The proposer is 41 years old. The sum assured is Rs. 15 lakh with a policy term of 59 years. Premiums of Rs. 122,883 must be paid yearly for 15 years from ages 41-55. A total of Rs. 1,806,201 will be paid in premiums. From ages 56-99, Rs. 120,000 will be received annually. The policy pays a natural death benefit or accidental death benefit as indicated in tables. At age 100, Rs. 11,869,500 will be received. The policy can be surrendered for a cash value as indicated in tables. Loans can be taken

    Original Title

    _JeevanUmang_8-3-2022 11.2.52

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    This document summarizes a proposed 945-Jeevan Umang life insurance plan. The proposer is 41 years old. The sum assured is Rs. 15 lakh with a policy term of 59 years. Premiums of Rs. 122,883 must be paid yearly for 15 years from ages 41-55. A total of Rs. 1,806,201 will be paid in premiums. From ages 56-99, Rs. 120,000 will be received annually. The policy pays a natural death benefit or accidental death benefit as indicated in tables. At age 100, Rs. 11,869,500 will be received. The policy can be surrendered for a cash value as indicated in tables. Loans can be taken

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    36 views7 pages

    945-Jeevan Umang: Prepared by

    Uploaded by

    Vishal Gupta
    This document summarizes a proposed 945-Jeevan Umang life insurance plan. The proposer is 41 years old. The sum assured is Rs. 15 lakh with a policy term of 59 years. Premiums of Rs. 122,883 must be paid yearly for 15 years from ages 41-55. A total of Rs. 1,806,201 will be paid in premiums. From ages 56-99, Rs. 120,000 will be received annually. The policy pays a natural death benefit or accidental death benefit as indicated in tables. At age 100, Rs. 11,869,500 will be received. The policy can be surrendered for a cash value as indicated in tables. Loans can be taken

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    © All Rights Reserved
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    945-Jeevan Umang

    Prepared By

    Ph:
    This is proposed to

    Proposer Details
    Name
    Age 41
    Plan Name 945-Jeevan Umang
    Sum Assured 1500000
    Policy Term 59
    PPT 15
    DAB Rider 0
    AD & DB Rider 1500000
    Term Rider 0
    CIR SA 0
    PWB Rider -

    First Year Premium


    YLY HLY QLY MLY
    122883 62071 31350 10450
    117591+5292 59398+2673 30000+1350 10000+450

    2nd year onwards


    YLY HLY QLY MLY
    120237 60734 30675 10225
    117591+2646 59398+1336 30000+675 10000+225

    Save Rs.329 per day for 15 yrs, and get a


    bulk amount of Rs.11869500 at Age:100
    Year Age Premium Natural Accidental Returns CashValue Loan

    2022 41 122883 1585500 3085500 0 0 0

    2023 42 120237 1671000 3171000 0 37100 33390

    2024 43 120237 1756500 3256500 0 55650 50085

    2025 44 120237 1842000 3342000 0 111300 100170

    2026 45 120237 1927500 3427500 0 185500 166950

    2027 46 120237 2013000 3513000 0 278250 250425

    2028 47 120237 2098500 3598500 0 389550 350595

    2029 48 120237 2184000 3684000 0 519399 467459

    2030 49 120237 2269500 3769500 0 667800 601020

    2031 50 120237 2355000 3855000 0 834750 751275

    2032 51 120237 2440500 3940500 0 1020250 918225

    2033 52 120237 2526000 4026000 0 1224300 1101870

    2034 53 120237 2611500 4111500 0 1446900 1302210

    2035 54 120237 2697000 4197000 0 1688050 1519245

    2036 55 120237 2782500 4282500 0 1947749 1752974

    2037 56 0 2898000 4398000 120000 2353080 630000

    2038 57 0 2991000 4491000 120000 2695650 630000

    2039 58 0 3084000 4584000 120000 2780100 630000

    2040 59 0 3177000 4677000 120000 2864550 630000

    2041 60 0 3285000 4785000 120000 2964000 630000

    2042 61 0 3400500 4900500 120000 3070950 630000

    2043 62 0 3531000 5031000 120000 3192900 630000

    2044 63 0 3691500 5191500 120000 3344850 630000

    2045 64 0 3927000 5427000 120000 3571800 630000

    2046 65 0 4162500 5662500 120000 3798750 630000

    2047 66 0 4398000 5898000 120000 4025700 630000


    2048 67 0 4633500 6133500 120000 4252650 630000

    2049 68 0 4899000 6399000 120000 4509600 630000

    2050 69 0 5164500 6664500 120000 4766550 630000

    2051 70 0 5430000 6930000 120000 5023500 630000

    2052 71 0 5800500 5800500 120000 5385450 630000

    2053 72 0 6186000 6186000 120000 5762400 630000

    2054 73 0 6646500 6646500 120000 6214350 630000

    2055 74 0 7107000 7107000 120000 6666300 630000

    2056 75 0 7567500 7567500 120000 7118250 630000

    2057 76 0 8028000 8028000 120000 7570200 630000

    2058 77 0 8488500 8488500 120000 8022150 630000

    2059 78 0 8949000 8949000 120000 8474100 630000

    2060 79 0 9409500 9409500 120000 8926050 630000

    2061 80 0 9870000 9870000 120000 9378000 630000

    2062 81 0 10330500 10330500 120000 9829950 630000

    2063 82 0 10416000 10416000 120000 9906900 630000

    2064 83 0 10501500 10501500 120000 9983850 630000

    2065 84 0 10587000 10587000 120000 10060800 630000

    2066 85 0 10672500 10672500 120000 10137750 630000

    2067 86 0 10758000 10758000 120000 10214700 630000

    2068 87 0 10843500 10843500 120000 10291650 630000

    2069 88 0 10929000 10929000 120000 10368600 630000

    2070 89 0 11014500 11014500 120000 10445550 630000

    2071 90 0 11100000 11100000 120000 10522500 630000

    2072 91 0 11185500 11185500 120000 10599450 630000

    2073 92 0 11271000 11271000 120000 10676400 630000

    2074 93 0 11356500 11356500 120000 10753350 630000


    2075 94 0 11442000 11442000 120000 10830300 630000

    2076 95 0 11527500 11527500 120000 10907250 630000

    2077 96 0 11613000 11613000 120000 10984200 630000

    2078 97 0 11698500 11698500 120000 11061150 630000

    2079 98 0 11784000 11784000 120000 11138100 630000

    2080 99 0 11869500 11869500 120000 11215050 630000

    2081 100 0 0 0 11869500 0 0

    0 0 1806201 0 0 17149500 0 0
    You have to pay the premium for 15 yrs
    (from Age:41 - Age:55)

    If you take the payment mode as yly then you have to pay Rs.122883 for the
    first year,from 2nd year onwards Rs.120237

    Totally you will pay Rs.1806201

    From Age:56-99 you will receive Rs.120000

    Natural Risk Cover is as shown in the above table under Natural column.....For
    example In case of Natural Death at Age-46, Nominee will receive Rs.2013000

    Accidental Risk cover is as shown in the above table under Accidental


    column.....For example In case of Accidental Death at Age-46, Nominee will
    receive Rs.3513000

    At age 100 you will receive Rs.11869500

    If you close the policy you will receive the amount as shown in the above table
    under CashValue Column.....For example
    if you close at Age-60, you will receive Rs.2964000
    if you close at Age-70, you will receive Rs.5023500
    if you close at Age-80, you will receive Rs.9378000

    You can take the loan as shown in the above table under Loan Column.....For
    example
    at Age-55, you can take a loan of Rs.1752974
    at Age-76, you can take a loan of Rs.630000
    Medical Report: For Proposers under NMS(Including NRIs/FNIOs of group V
    countries), And NMG(Professional) and NMG(Self-Employed) Criteria upto age
    60 LBD
    ----NMS & NMG(Professional)----

    For Proposers under NMG(SAP) and NMG(NSAP) for others


    ----MER----

    Disclaimer : The Benefits shown in this presentation are calculated based on the
    current bonus rates, Actual values may vary depends on the corporation profits and
    experience

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