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.”

PRODUCT FEATURES :
Name of the Product: LIC's WEALTH Plus
Unique Identification No.512L259V01
Amount of Instalment Premium: 40000
Policy Term : 8 Years
Age : 30
Premium Paying Term: Single
Extended term cover 2 Years
Funds opted for: WEALTH FUND
Mode of Premium Payment : Single
Service Tax rate 10.30%p.a
Sum Assured : 100000
Statement of Various charges alongwith growth of the fund expected over the duration of the policy with assumed rate of interest as mentioned

Gross Yield 10.00%
Net Yield 7.38%
(All charges are in Rupees)

 

 

Gross Yield 6%
(All charges are in Rupees)

IN THIS POLICY, THE INVESTMENT RISK IS BORNE BY THE POLICY HOLDER AND THE ABOVE INTEREST RATES ARE ONLY FOR ILLUSTRATION PURPOSE.

Note: 1) ' Addition to fund' shown above is interest income on the fund
2) Rider Charges are not taken into account in this illustration.

I ……………………….(Name), having received the information with respect to the above , have understood the above statement before entering into the contract.

Marketing officials' Signature: Policyholders' Signature:
Company Seal:

Place:
Date:  
PRODUCT FEATURES :
Name of the Product: LIC's WEALTH Plus
Amount of Instalment Premium: 20000
Policy Term : 8 Years
Age : 30
Premium Paying Term: 3 Years
Extended term cover 2 Years
Funds opted for: WEALTH FUND
Mode of Premium Payment : Yearly
Service Tax rate 10.30%p.a
Sum Assured : 100000

Statement of Various charges alongwith growth of the fund expected over the duration of the policy with assumed rate of interest as mentioned
Gross Yield 10.00%
Net Yield 7.29%
(All charges are in Rupees)  

Gross Yield 6%
(All charges are in Rupees)  

IN THIS POLICY, THE INVESTMENT RISK IS BORNE BY THE POLICY HOLDER AND THE ABOVE INTEREST RATES ARE ONLY FOR ILLUSTRATION PURPOSE.

Note: 1) ' Addition to fund' shown above is interest income on the fund
2) Rider Charges are not taken into account in this illustration.

I ……………………….(Name), having received the information with respect to the above , have understood the above statement before entering into the contract.

Marketing officials' Signature: Policyholders' Signature:
Company Seal:

Place:
Date: