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MR - 936-Jeevan Labh

This document summarizes a 936-Jeevan Labh life insurance plan for Mr aged 25. The sum assured is Rs. 460000 with a premium paying term of 15 years. The annual premium for the first year is Rs. 26345 reducing to Rs. 25778 for subsequent years. Over the 15 year term, the total premium would be Rs. 387237. At maturity at age 46, the nominee would receive Rs. 1037300 as returns. The plan provides natural death coverage from Rs. 485300 to Rs. 1037300 and accidental death coverage from Rs. 945300 to Rs. 1497300 over the policy term. Cash values and loans are also available during the policy term as

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49 views4 pages

MR - 936-Jeevan Labh

This document summarizes a 936-Jeevan Labh life insurance plan for Mr aged 25. The sum assured is Rs. 460000 with a premium paying term of 15 years. The annual premium for the first year is Rs. 26345 reducing to Rs. 25778 for subsequent years. Over the 15 year term, the total premium would be Rs. 387237. At maturity at age 46, the nominee would receive Rs. 1037300 as returns. The plan provides natural death coverage from Rs. 485300 to Rs. 1037300 and accidental death coverage from Rs. 945300 to Rs. 1497300 over the policy term. Cash values and loans are also available during the policy term as

Uploaded by

swati dobhal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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936-Jeevan Labh

Prepared By

Ms Garima
New business & Claims
Mobile: 8744971855
Proposer Details
Plan Name 936-Jeevan Labh
Name Mr
Age 25
SumAssured 460000
Term/PPT 21/15
DAB Rider SumAssured 0
AD&DB Rider SumAssured 460000
Term Rider SumAssured 0
Critical Illness Rider SumAssured 0

First Year Premium


YLY HLY QLY MLY
26345 13304 6717 2239
25211+1134 12731+573 6428+289 2143+96

Subsequent Year Premium


YLY HLY QLY MLY
25778 13017 6573 2191
25211+567 12731+286 6428+145 2143+48

Total Premium Rs.387237


Total Returns Rs.1037300
Year Age Premium Natural Accidental Returns CashFlow Loan
2023 25 26345 485300 945300 0 0 0
2024 26 25778 510600 970600 0 15126 13613
2025 27 25778 535900 995900 0 34779 31301
2026 28 25778 561200 1021200 0 66836 60152
2027 29 25778 586500 1046500 0 84000 75600
2028 30 25778 611800 1071800 0 101484 91335
2029 31 25778 637100 1097100 0 119372 107434
2030 32 25778 662400 1122400 0 141083 126974
2031 33 25778 687700 1147700 0 164143 147728
2032 34 25778 713000 1173000 0 188661 169794
2033 35 25778 738300 1198300 0 214796 193316
2034 36 25778 763600 1223600 0 242647 218382
2035 37 25778 788900 1248900 0 272346 245111
2036 38 25778 814200 1274200 0 304071 273663
2037 39 25778 848700 1308700 0 339934 305940
2038 40 0 876300 1336300 0 377013 339311
2039 41 0 903900 1363900 0 416994 375294
2040 42 0 931500 1391500 0 460182 414163
2041 43 0 963700 1423700 0 508443 457598
2042 44 0 998200 1458200 0 564836 508352
2043 45 0 1037300 1497300 0 596734 537060
2044 46 0 0 0 1037300 0 0
0 0 387237 0 0 1037300 0 0
You have to pay the premium for 15 yrs
(from Age:25 - Age:39)

If you take the payment mode as yly then you have to pay Rs.26345 for the
first year,from 2nd year onwards Rs.25778

Totally you will pay Rs.387237

At Age-46 you will receive Rs.1037300

Natural Risk Cover is Rs.485300-Rs.1037300 as shown in the above


table......For example
In case of Natural Death at Age-30, Nominee will receive Rs.611800

Accidental Risk Cover is Rs.945300-Rs.1497300 as shown in the above


table......For example
In case of Accidental Death at Age-30, Nominee will receive Rs.1071800

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-32, you will receive Rs.141083

You can take the loan as shown in the above table under Loan
Column.....For example
at Age-32, you can take a loan of Rs.126974

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