Plan Jeevan Lakshya |Table 933 | LIC Policy Plan | Complete Information
No. 1. Plan : Jeevan Lakshya (933)
Age :18
Term :20
PPT :17
D.A.B. : 500000
Death Sum Assured :550000
Basic Sum Assured :500000
1st year Premium With TAX 4.5% :
Yearly : 28450 (27225 + 1225)
Halfly : 14376 (13757 + 619)
Quarterly : 7263 (6950 + 313)
Monthly(ECS) : 2421 (2317 + 104)
YLY Mode Average Prem/Day : 77
After 1st year Premium With TAX 2.25% :
Yearly : 27838 (27225 + 613)
Halfly : 14067 (13757 + 310)
Quarterly : 7106 (6950 + 156)
Monthly(ECS) : 2369 (2317 + 52)
YLY Mode Average Prem/Day : 76
Approximate Tax Saved Every Year : 8535
Total Approximate Paid Premium : 473858
Approximate Return at Maturity Time :
S.A. : 500000
Bonus : 420000
F.A.B. : 35000
Total Approximate Return at Maturity Time : 955000
Age :18
Term :20
PPT :17
D.A.B. : 500000
Death Sum Assured :550000
Basic Sum Assured :500000
1st year Premium With TAX 4.5% :
Yearly : 28450 (27225 + 1225)
Halfly : 14376 (13757 + 619)
Quarterly : 7263 (6950 + 313)
Monthly(ECS) : 2421 (2317 + 104)
YLY Mode Average Prem/Day : 77
After 1st year Premium With TAX 2.25% :
Yearly : 27838 (27225 + 613)
Halfly : 14067 (13757 + 310)
Quarterly : 7106 (6950 + 156)
Monthly(ECS) : 2369 (2317 + 52)
YLY Mode Average Prem/Day : 76
Approximate Tax Saved Every Year : 8535
Total Approximate Paid Premium : 473858
Approximate Return at Maturity Time :
S.A. : 500000
Bonus : 420000
F.A.B. : 35000
Total Approximate Return at Maturity Time : 955000
No. 2. Plan : Jeevan Lakshya (933)
Age :18
Term :20
PPT :17
D.A.B. : 1000000
Death Sum Assured :1100000
Basic Sum Assured :1000000
1st year Premium With TAX 4.5% :
Yearly : 56900 (54450 + 2450)
Halfly : 28751 (27513 + 1238)
Quarterly : 14526 (13900 + 626)
Monthly(ECS) : 4842 (4633 + 209)
YLY Mode Average Prem/Day : 155
After 1st year Premium With TAX 2.25% :
Yearly : 55675 (54450 + 1225)
Halfly : 28132 (27513 + 619)
Quarterly : 14213 (13900 + 313)
Monthly(ECS) : 4737 (4633 + 104)
YLY Mode Average Prem/Day : 152
Approximate Tax Saved Every Year : 17070
Total Approximate Paid Premium : 947700
Approximate Return at Maturity Time :
S.A. : 1000000
Bonus : 840000
F.A.B. : 70000
Total Approximate Return at Maturity Time : 1910000
No. 3 Plan : Jeevan Lakshya (933)
Age :18
Term :20
PPT :17
D.A.B. : 1500000
Death Sum Assured :1650000
Basic Sum Assured :1500000
1st year Premium With TAX 4.5% :
Yearly : 85350 (81675 + 3675)
Halfly : 43126 (41269 + 1857)
Quarterly : 21788 (20850 + 938)
Monthly(ECS) : 7263 (6950 + 313)
YLY Mode Average Prem/Day : 233
After 1st year Premium With TAX 2.25% :
Yearly : 83513 (81675 + 1838)
Halfly : 42198 (41269 + 929)
Quarterly : 21319 (20850 + 469)
Monthly(ECS) : 7106 (6950 + 156)
YLY Mode Average Prem/Day : 228
Approximate Tax Saved Every Year : 25605
Total Approximate Paid Premium : 1421558
Approximate Return at Maturity Time :
S.A. : 1500000
Bonus : 1260000
F.A.B. : 105000
Total Approximate Return at Maturity Time : 2865000