Life Insurance Corporation of India

Benefit Illustration

Statutory warning:

“Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your life insurance company. If your policy offers guaranteed returns then these will be clearly marked “guaranteed” in the illustration table on this page. If your policy offers variable returns then the illustrations on this page will show two different rates of assumed investment returns. These assumed rates of return are not guaranteed and they are not upper or lower limits of what you might get back as the value of your policy is dependant on a number of factors including future investment performance.”

Age at entry: 35 years
Policy term: 25 years
Mode of premium payment: Yearly
Amount of annual premium: Rs.4704/-

End Of Policy Year	Total Premium paid till end of year	Amount payable at the end of year on death during the year (Rs.)
		Guaranteed	Variable		Total
		Guaranteed	Scenario 1	Scenario 2	Scenario 1	Scenario 2
1	4704	100000	0	0	100000	100000
2	9408	104800	0	0	104800	104800
3	14112	109600	0	0	109600	109600
4	18816	114400	0	0	114400	114400
5	23520	119200	0	0	119200	119200
6	28224	124000	0	0	124000	124000
7	32928	128800	0	0	128800	128800
8	37632	133600	0	0	133600	133600
9	42336	138400	0	0	138400	138400
10	47040	143200	7000	18000	150200	161200
15	70560	167200	13000	41000	180200	208200
20	94080	191200	30000	100000	221200	291200
25	117600	215200	65000	211000	280200	426200

End Of Policy Year	Total Premium paid till end of year	Amount payable on surrender or maturity at the end of year
		Guaranteed	Variable		Total
		Guaranteed	Scenario 1	Scenario 2	Scenario 1	Scenario 2
1	4704	0	0	0	0	0
2	9408	0	0	0	0	0
3	14112	8099	0	0	8099	8099
4	18816	12942	0	0	12942	12942
5	23520	18660	0	0	18660	18660
6	28224	23180	0	0	23180	23180
7	32928	27856	0	0	27856	27856
8	37632	32744	0	0	32744	32744
9	42336	37892	0	0	37892	37892
10	47040	43360	7000	18000	50360	61360
15	70560	75200	13000	41000	88200	116200
20	94080	106124	30000	100000	136124	206124
25	117600	135296	65000	211000	200296	346296

i) This illustration is applicable to a non-smoker male/female standard (from medical, life style and occupation point of view) life.

ii) The non-guaranteed benefits (1) and (2) in above illustration are calculated so that they are consistent with the Projected Investment Rate of Return assumption of 6% p.a.(Scenario 1) and 10% p.a. (Scenario 2) respectively. In other words, in preparing this benefit illustration, it is assumed that the Projected Investment Rate of Return that LICI will be able to earn throughout the term of the policy will be 6% p.a. or 10% p.a., as the case may be. The Projected Investment Rate of Return is not guaranteed.

iii) The main objective of the illustration is that the client is able to appreciate the features of the product and the flow of benefits in different circumstances with some level of quantification.

iv) Loyalty additions will depend on future profits and as such is not guaranteed.

v) The Maturity Benefit is the amount shown at the end of the policy term.

Benefit Illustration

Statutory warning:

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