Harish Chand

Delhi LIC Agent

577, GH-9, PASCHIM VIHAR
NEW DELHI- 110087
INDIA, 9811896425, 9212201725
www.delhiLICagent.com

Jeevan Anand
. . . . a life free of worries

17/08/2011
Illustration specially customized for Mr. Mehrab Aged 34 Years.

Jeevan Anand is an innovative insurance product from Life Insurance Corporation of India,
which combines the benefits of an Endowment Policy and a Whole Life Policy.
Under this plan you pay premiums for a limited period. During the premium paying period
you are covered to the extent of the sum assured and the bonuses that vest on this
policy. After the premium term is over the sum assured together with accumulated
bonuses and final additional bonus (if any) become payable to you free of any income tax.
The highlight of this plan is that even after the maturity of the policy the coverage on your
life continues for your lifetime to the extent of the sum assured without the payment of
any further premiums.

General Terms of this Plan

Minimum Age At Entry

18 years completed

Maximum Age At Entry

65 years (Age Nearer Birthday)

Maximum Premium
Ceasing Age

75 years (Age Nearer Birthday)

Premium Paying Term

5 years to 57 years

Minimum Sum Assured

Rs. 1,00,000

Maximum Sum Assured

No Limit

Double Accident
Benefit

Exclusively available upto Rs.5,00,000 during the Premium

paying term and thereafter upto age 70. No additional
premium is required to be paid

Loans

Available after payment of 3 full years premiums

Harish Chand
Delhi LIC Agent
577, GH-9, PASCHIM VIHAR
NEW DELHI- 110087
INDIA, 9811896425, 9212201725
www.delhiLICagent.com

A Proposal Jeevan Anand for you

Sum Proposed

: Rs.500000

Premium Payable For

: 16 Years

Premium Payable

: Monthly

Basic Premium

: Rs.3326

Rider Premiums

: Rs.0

Total Premium

Assumed Bonus Rate

*
: 41

Step Rate

: Rs. 3326
#
:0

Sec.80 CCE Tax Rebate

: 33.99%

Interim Bonus Rate

Sec.80 CCE Inv. Limit

: 41

: Rs.100000

Insurance Facts
Risk Cover
Year

Age

Normal

Accident

Annual
Premium

Tax
Saved

Nett
Premium

Returns
From L.I.C.

New Loan
Available

Total Loan
Available
0

2011

34

520500

1020500

39912

13566

26346

2012

35

541000

1041000

39912

13566

26346

2013

36

561500

1061500

39912

13566

26346

36000

36000

2014

37

582000

1082000

39912

13566

26346

29500

65500

2015

38

602500

1102500

39912

13566

26346

26500

92000

2016

39

623000

1123000

39912

13566

26346

30250

122250

2017

40

643500

1143500

39912

13566

26346

34500

156750

2018

41

664000

1164000

39912

13566

26346

36500

193250

2019

42

684500

1184500

39912

13566

26346

41000

234250

2020

43

705000

1205000

39912

13566

26346

46500

280750

2021

44

725500

1225500

39912

13566

26346

53000

333750

2022

45

746000

1246000

39912

13566

26346

60750

394500

2023

46

766500

1266500

39912

13566

26346

72500

467000

2024

47

787000

1287000

39912

13566

26346

82250

549250

2025

48

817500

1317500

39912

13566

26346

93250

642500

2026

49

850245

1350245

39912

13566

26346

105750

748250

2027

50

500000

1000000

840500

106500

106500

2028

51

500000

1000000

5500

112000

2029

52

500000

1000000

5750

117750

2030

53

500000

1000000

4750

122500

2031

54

500000

1000000

7000

129500

2032

55

500000

1000000

6250

135750

2033

56

500000

1000000

6250

142000

2034

57

500000

1000000

6250

148250

2035

58

500000

1000000

6500

154750

2036

59

500000

1000000

6750

161500

2037

60

500000

1000000

6500

168000

2038

61

500000

1000000

7000

175000

2039

62

500000

1000000

6750

181750

2040

63

500000

1000000

7000

188750

2041

64

500000

1000000

7000

195750

2042

65

500000

1000000

7000

202750

2043

66

500000

1000000

7000

209750

2044

67

500000

1000000

7000

216750

2045

68

500000

1000000

7000

223750

2046

69

500000

1000000

7000

230750

2047

70

500000

500000

7000

237750

2048

71

500000

500000

7000

244750

2049

72

500000

500000

7000

251750

2050

73

500000

500000

6750

258500

2051

74

500000

500000

6750

265250

2052

75

500000

500000

6500

271750

2053

76

500000

500000

6500

278250

2054

77

500000

500000

6250

284500

2055

78

500000

500000

6250

290750

2056

79

500000

500000

6250

297000

2057

80

500000

500000

5750

302750

2058

81

500000

500000

5750

308500

2059

82

500000

500000

5750

314250

2060

83

500000

500000

5500

319750

2061

84

500000

500000

5250

325000

2062

85

500000

500000

5000

330000

2063

86

500000

500000

5000

335000

2064

87

500000

500000

4750

339750

2065

88

500000

500000

4500

344250

2066

89

500000

500000

4750

349000

2067

90

500000

500000

4250

353250

2068

91

500000

500000

4500

357750

2069

92

500000

500000

4500

362250

2070

93

500000

500000

4750

367000

2071

94

500000

500000

5750

372750

2072

95

500000

500000

5000

377750

2073

96

500000

500000

9750

387500

2074

97

500000

500000

9500

397000

2075

98

500000

500000

22000

419000

2076

99

500000

500000

15500

434500

2077

100

500000

500000

638592

217056

421536

840500

Harish Chand
Delhi LIC Agent
577, GH-9, PASCHIM VIHAR
NEW DELHI- 110087
INDIA, 9811896425, 9212201725
www.delhiLICagent.com

Benefits Summary*
Minimum Risk Cover (Normal)

Rs. 520500

Minimum Risk Cover (Accidental)

Rs. 1020500

Maximum Risk Cover (Normal)

Rs. 840500

Maximum Risk Cover (Accidental)

Rs. 1340500

Annual Tax Savings (Sec. 80 CCE)

Rs. 13566

Total Premium to be paid

Rs. 638592

Maturity Amount in 2027

Rs. 840500

Yield on Investment

7.72%

Free Risk Cover from 2027

onwards for Lifetime

Rs. 500000

Free additional accidental cover

from 2027 to 2047 ,when you
reach age of 70 yrs

Rs. 500000

1. '*' : - Assuming that LIC will declare the above mentioned bonus rates for the year ended 31-Mar-2011
2. '#' : - Assuming that bonus rate declared by LIC will increase/decrease per year by step rate mentioned above.

The above statement is based on certain assumptions which are

liable to change according to Government/Corporation's policies.