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JEEVAN LABH

JEEVAN LABH. Plan No.836. Endowment Plan Limited Premium Paying Term Non-Linked With Bonus & FAB. Only 3 Policy Terms Options Option - Term - Premium Paying Term 1. 16yrs – 10yrs 2. 21yrs – 15yrs 3. 25yrs – 16yrs.

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JEEVAN LABH

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  1. JEEVANLABH Plan No.836

  2. Endowment PlanLimited Premium Paying TermNon-Linked With Bonus & FAB

  3. Only 3 Policy Terms OptionsOption -Term - Premium Paying Term1. 16yrs – 10yrs 2. 21yrs – 15yrs 3. 25yrs – 16yrs

  4. Eligibility: Age at EntryMinimum : 8yrs completedMaximum: 59yrs Nbd for Policy Term 16yrs54yrs Nbd for Policy Term 21yrs50yrs Nbd for Policy Term 25yrs

  5. Sum Assured:Minimum : Rs.2,00,000/-(in multiples of 10,000) Maximum: No Limit

  6. Maturity Benefits:BasicSum Assured + Bonus + F A B

  7. Death Benefits:Sum Assured on Death + Bonus + FAB

  8. Sum Assured on Death =Higher of1. 10 times of Annualised Premium 2. Basic Sum Assured3. 105% of Total Premiums paid

  9. Accidental Death & Disability Benefit RiderOptional – Additional PremiumAvailable from 18yrs of AgeCover Available up to Policy Term Or Age 70 Nbd, Which Ever is EarlierCan be Added at Any Time (O/S PPT 5yrs)Maximum AB Cover 100 Lakhs

  10. New Term Assurance RiderOptional – Additional PremiumAvailable from 18yrs of AgeCover Available up to Policy Term Can be Added at Proposal Stage OnlyMaximum TR Cover 25 Lakhs

  11. Mode of Premium PaymentYearly – 2% RebateHalf Yearly – 1% RebateQuarterly - Nil Monthly - Nil (ECS/SSS)

  12. High Sum Assured Rebate2,00,000 to 4,90,000 – Nil5,00,000 to 9,90,000 – 1.25%10,00,000 to 14,90,00 – 1.50%15,00,000 and Above - 1.75% per Rs.1000 B.S.A

  13. Age Proof: - Std. or non-std. proof allowed. • Female:- Category I, II & III Allowed. • Non-medical scheme. N.M.G. & N.M.S. allowed.

  14. NRI/FNIO and E&E,Key-man, Partnership • Group III to VI: Allowed with extra. • Group VII: Allowed without extra. • Mail Order: Only NRIs of Group III to VII. • Allowed only under Employer-Employee

  15. Other Features:Proposal Form 300/340/360Service TaxGrace Period (30/15 days)Paid Up ValueSurrender Value (GSV/SSV)Revival within 2yrs from FUPLoan After 3yrsSuicide within 12 months 80% premiumsFree Look Period 15days from OP ReceiptDating Back within Financial Year

  16. Features

  17. Features

  18. Unique Selling Points:Suitable for Education and MarriageShort Term CommitmentLong Term Risk Cover80C Tax Benefit (up to Rs.1.50 Lakhs)Tax Free MaturityAccident & Disability Cover up to 1 CroreNo Market Risk

  19. Age :30 • Term :16 P.P.T. :10 • Basic Sum Assured :500000 • Yearly : 43491 (41970 + 1521) • Approximate Return at Maturity Time : • B SA : 500000 Bonus : 360000 F.A.B. : 12500 • Total Approximate Return : 872500 • Pension Start From age : 46 • Annuity for life with return of purchase price on death. • Sum Assured : 842995 • Annuity : Yearly : 62308 Halfly : 30438 Quarterly : 15051 Monthly : 4975

  20. Age :30 Term :21 P.P.T. :15 B S Assured : 500000 • Yearly : 27902 (26926 + 976) Monthly(ECS) : 2373 (2290 + 83) • YLY Mode Average Prem/Day : 76 • Approximate Return at Maturity Time : • BSA 500,000 Bonus : 525000 F.A.B. : 50000 • Total Approximate Return : 1075000 • Pension Start From age : 51 • Annuity for life with return of purchase price on death. • Sum Assured : 1038647 • Annuity : • Yearly : 77279Halfly : 37705 Quarterly : 18619 Monthly : 6159

  21. Age :30 Term :25 P.P.T. :16 Basic Sum Assured : 700000Yearly : 33163 (32003 + 1160) Monthly(ECS) : 2820 (2721 + 99) YLY Mode Average Prem/Day : 90Approximate Return at Maturity Time : Basic Sum Assured :700000 Bonus : 875000 F.A.B. : 315000Total Approximate Return : 1890000Pension Start From age : 55Annuity for life with return of purchase price on death.Sum Assured : 1826087Annuity :Yearly : 136676 Halfly : 66603Quarterly : 32891 Monthly : 10880

  22. Message for Age Group 35 to 50 Years:-Invest Rs 1 lakh for Just 10 yrs & Get 1.5 lacs Lifetime after 16th Year and Asset for Family Rs 19 lakhs Fund. Message for Age Group 8 to 40 Years:-Invest Rs l lakh for 15 years & Get 3.5 lakhs Lifetime after 21 Years and Asset for Family Rs 40 lakhs approx FundMessage for Age Group 8 years to 35 Years:-Invest Rs 1 lakh for 16 Years & Get 4.25 lakhs Lifetime after 25th Year and Asset for Family Rs 52 lakh Fund.. Call Now..

  23. Opt 1:- 836/15/16. S.A - 12 lakhs. Maturity - 20,94,600/- Invest in Akshay. Pension Rs 1.5 lakhs.Opt 2:- 836/21/15. S.A- 18 lakhs. Maturity- 38,70,000/-. Invest in Akshay. Pension 3 lakhs.Opt 3:- 836/25/16. S.A- 20 lakhs. Maturity - 54 lakhs. Invest in Akshay. Pension 4.05 lakhs approx

  24. IRR

  25. IRR

  26. Commission

  27. Good Luck

  28. Prepared By NVM Nana Murli and Improved by Harish Desai, Development officers

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