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You will start with a risk cover ofRs.1118200.w
w The riskcover will keep increasing every year to a Peak of
Rs.2504325 in the year 2030 when you will be 56 years of
age.
w An additional accidental death cover ofRs.1100000 is also
provided in this proposal.
w You will be paying a yearly premium ofRs.50307 for 20
years. In 20 years you will pay a total amount of
Rs.1006140.
w You will save tax of Rs.15,545 per year under Sec.80CCE
onaccount of premium payment.
In the year 2031, you will receive your first maturity amount
of
Rs.2013732.w
w After 1st maturity the policy will continue with a riskcover
of
Rs.668200 which will keep growing every year by around
Rs.31200.
w At age 80 you will have an option to get second maturity.
You
can exercise this option at any time between age 80 and 100.
The insurance cover will terminate after the 2nd maturity.
w Indicative 2nd maturity amount at different ages:
80 Rs.1965600
90 Rs.2147600
100 Rs.2329600
Aged 37 years
[email protected]
MOB:-99090 04824, (O)079-27553489
NEAR WADAJ BUS STAND,ASHRAM ROAD,AHMEDABAD -13
B-28 SUPATH - 2 COMPLEX
HELI INVESTMENTS
NIREN. N. PATEL
Presented by
Mr. Niren N Patel
This is a blend of market linked and traditional
insurance products of L.I.C. of India.
Premium liability limited to a short span only.
Two Maturities in your Lifetime. First maturity
at the end of term.
Second Maturity option is available after age
80 any time upto age 100.
Partial withdrawal facility available during the
term of the policy.
Surrender as well as Loan option also
available after first maturity.
Higher Double Accident Benefit.
Increasing risk cover life long even after first
maturity.
Good prospect of earning higher returns in the
1st maturity due to exposure in the equity
market.
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Amazing Benefits planned exclusively for
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8/4/2019 NIREN
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HELI INVESTMENTS
NIREN. N. PATEL
B-28 SUPATH - 2 COMPLEX
NEAR WADAJ BUS STAND,ASHRAM ROAD,AHMEDABAD -13
MOB:-99090 04824, (O)079-27553489
[email protected]
Magic Plan - Aapka Anand
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Quotation Ref.No.
Proposers Name
Sum Proposed
Niren
1100000
Mr. Niren N Patel
Quotation Date 08/01/2011
04/06/1974Proposers DOB
Yearly Premium 50307
Age 37 (ANB)
Benefits Forecast
DateAge
Risk Cover
Normal Accidental Premium
Prem.
After Tax
SavedGuaranteed Variable
Returns
Total Cash Value
Loan
Available
8/1/11 37 1118200 050307 34762 000 02218200
8/1/12 38 1136400 050307 34762 000 02236400
8/1/13 39 1154600 602850307 34762 550000 02254600
8/1/14 40 1172800 1418550307 34762 6203100 02272800
8/1/15 41 1191000 2038450307 34762 8256500 02291000
8/1/16 42 1209200 29727250307 34762 10568100 02309200
8/1/17 43 1227400 36583750307 34762 13105100 02327400
8/1/18 44 1245600 43889650307 34762 15731900 02345600
8/1/19 45 1263800 51837850307 34762 18564100 02363800
8/1/20 46 1282000 60489450307 34762 21644400 02382000
8/1/21 47 1300200 69913250307 34762 24992900 02400200
8/1/22 48 1318400 80195050307 34762 28607400 02418400
8/1/23 49 1336600 91576150307 34762 32688700 02436600
8/1/24 50 1456024 104018150307 34762 37136700 02556024
8/1/25 51 1601943 117560850307 34762 41987300 027019438/1/26 52
1754943 132297650307 34762 47242300 02854943
8/1/27 53 1919911 148223450307 34762 52831300 03019911
8/1/28 54 2097916 165755250307 34762 59111500 03197916
8/1/29 55 2292727 184711150307 34762 65792800 03392727
8/1/30 56 2504325 205313450307 34762 73063800 03604325
8/1/31 57 668200 2056080 0 78912020137320 2013732668200
8/1/32 58 699400 2209170 0 19875000 0699400
8/1/33 59 743600 2368850 0 21325000 0743600
8/1/34 60 787800 2535250 0 22825000 0787800
8/1/35 61 832000 2709160 0 24375000 0832000
8/1/36 62 876200 2888600 0 26000000 0876200
8/1/37 63 925600 3075040 0 27675000 0925600
8/1/38 64 975000 3267840 0 29400000 0975000
8/1/39 65 1024400 3467050 0 31200000 01024400
8/1/40 66 1092000 3672720 0 33050000 010920008/1/41 67 1162200
3883310 0 34950000 01162200
8/1/42 68 1245400 4099570 0 36900000 01245400
8/1/43 69 1328600 4321510 0 38900000 01328600
8/1/44 70 1411800 4548270 0 40925000 01411800
8/1/45 71 1495000 4779790 0 43025000 01495000
8/1/46 72 1578200 5016020 0 45150000 01578200
8/1/47 73 1661400 5255990 0 47300000 01661400
8/1/48 74 1744600 5499590 0 49500000 01744600
8/1/49 75 1827800 5745760 0 51700000 01827800
8/1/50 76 1911000 5995300 0 53950000 01911000
8/1/51 77 1929200 6248110 0 56225000 01929200
8/1/52 78 1947400 6502060 0 58525000 01947400
8/1/53 79 1965600 6758990 0 60825000 01965600
8/1/54 80 1983800 7016700 0 63150000 01983800
8/1/55 81 2002000 7274970 0 65475000 02002000
8/1/56 82 2020200 7534660 0 67800000 02020200
8/1/57 83 2038400 7794510 0 70150000 02038400
8/1/58 84 2056600 8054300 0 72500000 02056600
8/1/59 85 2074800 8314960 0 74825000 02074800
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8/4/2019 NIREN
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HELI INVESTMENTS
NIREN. N. PATEL
B-28 SUPATH - 2 COMPLEX
NEAR WADAJ BUS STAND,ASHRAM ROAD,AHMEDABAD -13
MOB:-99090 04824, (O)079-27553489
[email protected]
Magic Plan - Aapka Anand
:
:
:
:
:
:
Quotation Ref.No.
Proposers Name
Sum Proposed
Niren
1100000
Mr. Niren N Patel
Quotation Date 08/01/2011
04/06/1974Proposers DOB
Yearly Premium 50307
Age 37 (ANB)
Benefits Forecast
DateAge
Risk Cover
Normal Accidental Premium
Prem.
After Tax
SavedGuaranteed Variable
Returns
Total Cash Value
Loan
Available
8/1/60 86 2093000 8574000 0 77175000 02093000
8/1/61 87 2111200 8833500 0 79500000 02111200
8/1/62 88 2129400 9092110 0 81825000 02129400
8/1/63 89 2147600 9354430 0 84200000 02147600
8/1/64 90 2165800 9615560 0 86550000 02165800
8/1/65 91 2184000 9882750 0 88950000 02184000
8/1/66 92 2202200 10152310 0 91375000 02202200
8/1/67 93 2220400 10429320 0 93875000 02220400
8/1/68 94 2238600 10746360 0 96725000 02238600
8/1/69 95 2256800 11047090 0 99425000 02256800
8/1/70 96 2275000 11488020 0 103400000 02275000
8/1/71 97 2293200 11930050 0 107375000 02293200
8/1/72 98 2311400 12756560 0 114800000 02311400
8/1/73 99 2329600 13405000 0 120650000 02329600
8/1/74 100 0 00 0 02069600260000 23296000
260000 4083332 4343332Total
The effective yield in the above proposal works out to 9.50 %
(calculated as per IRR method).
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HELI INVESTMENTS
NIREN. N. PATEL
B-28 SUPATH - 2 COMPLEX
NEAR WADAJ BUS STAND,ASHRAM ROAD,AHMEDABAD -13
MOB:-99090 04824, (O)079-27553489
[email protected]
Magic Plan - Aapka Anand
Quotation Ref.No.
Proposers Name Proposers DOB
Quotation Date
Mr. Niren N Patel
08/01/2011Niren
Sum Proposed Yearly Premium1100000
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Age : 37 (ANB)04/06/1974
50307
30.90 %:100000: Sec.80 CCE Tax RebateSec.80 CCE Invt. Lmt.
Proposed Insurance Summary
Yly.Hly.
P R E M I U M
Qly.Mly.SSS
FAB
* Bonus
Rate
DAB
SumSumPlan
Sr.
No.
#Assu
Step
Rate
Interim
Bonus
Rate
400002000010000350000840000840000802/20/201 0.0000
103075235265893288635502600002600005/20/202 0.007070
503072523512658443288611000001100000
1. '*' : - Assuming LIC will declare the above mentioned bonus
rates for the year ended .
2. '#' : - Assuming that bonus rate declared by LIC will
increase/decrease per year by step rate mentioned above.
