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Topics: Insurance, Financial adviser, Corporate finance Pages: 121 (1160 words) Published: December 3, 2013
"Insure today for better
tomorrow"

A presentation specially compiled for

Mr. X

Presented by :-

HARISH TIWARI
Financial Advisor
3C, Pocket 4, Mix Housing, Mayur Vihar Phase III, Delhi-110096. MOB-9212000739,9717294260 RES-22624489 Web:www.harishtiwari.com

HARISH TIWARI
Financial Advisor
3C, Pocket 4, Mix Housing,
Mayur Vihar Phase III, Delhi-110096.
MOB-9212000739,9717294260 RES-22624489
Web:www.harishtiwari.com

Magic Mix Illustration for Mr. X (age 30)

Ref. No. 1978

Proposed Insurance

Id

Term/
PPT

Com.Date Plan Name

Basic Sum
Assured

Term
Rider SA

Accident
Rider SA

Crit.Illness.
Rider SA

Premium
Waiver Md.

Install.
Premium

1

28/09/2013 5-Whole Life Ltd.Pay.WP

16/16

1,00,000

0

1,00,000

0

-

S

2

28/09/2013 165-Jeevan Saral

16/16

2,00,000

0

2,00,000

0

-

S

817

3

28/09/2013 179-New Bima Gold

16/16

3,00,000

0

3,00,000

0

-

S

1,307

6,00,000

0

6,00,000

Tax
Beneficiary

334

0
Annual Premium:

29,496

Single Premium inclusive of service tax on applicable plans:

0

Total First Year Premium inclusive of service tax on applicable plans:

29,496

Subsequent Year Premium inclusive of service tax on applicable plans:

29,496

Modewise Summary of Installment Premiums

Id

Com. Date

Plan/Tm/PPT

1

28/09/2013

5/16/16

2

28/09/2013

165/16/16

3

28/09/2013

179/16/16

Interim
Bonus
Rate

* Bonus
Rate

70

70

#Assu
Step
Rate

PREMIUM
FAB

SSS

Monthly

Quaterly

Half Yearly

Yearly

**Daily

0.00 3000

334

351

1,002

1,975

3,890

10.66

817

817

2,450

4,852

9,608

26.32

1,307

1,381

3,922

7,757

15,337

42.02

2,458

2,549

7,374

14,584

28,835

79.00

1. '*' : - Assuming LIC will declare the above mentioned bonus rates for the year ended 31-Mar-2013 2.

'#' : - Assuming that bonus rate declared by LIC will increase/decrease per year by step rate mentioned above.

3. '%' : - Assumed Growth Rate
4.

'**' : - Daily premium is for indicative purpose only. Formula used - (Yearly Premium/365).

Medical Requirement Details
Sum at Risk:

Disclaimer:

6,00,000

Medical by DMR:

The figures presented in this entire illustration are indicative and solely for the purpose of understanding the possible benefits from the proposed insurance. The benefits are not guaranteed and the actual results may depend on the future performance of the insurer.

No

HARISH TIWARI
Financial Advisor
3C, Pocket 4, Mix Housing,
Mayur Vihar Phase III, Delhi-110096.
MOB-9212000739,9717294260 RES-22624489
Web:www.harishtiwari.com

Magic Mix Illustration for Mr. X (age 30)

Ref. No. 1978

Forecast of Insurance Benefits
Fin. Year
Ending

Additional Cover

Age

Risk Cover
(Natural Death)

Accident

Crit. Ill.

PWB

Premium

For the Year
Returns

Cash Flow

Cash
Value

Loan
Available

31/03/2014

31

6,04,083

6,00,000

0

0

17,206

0

-17,206

0

0

31/03/2015

32

6,16,682

6,00,000

0

0

29,496

0
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