Rad A 7
Rad A 7
Rad A 7
Total Rider Premium Sec. 80CCE Inv. Limit: Assumed Bonus Rate
Age
29 30 31 32 33 34 35 36 37 38 39
Normal
210000 220000 230000 240000 250000 256400 262800 269200 275600 282000 288400
Accident
210000 220000 230000 240000 250000 256400 262800 269200 275600 282000 288400
Annual Premium
19802 19802 19802 19802 19802 19802 19802 19802 19802 19802 19802 217822
Tax Saved
6059 6059 6059 6059 6059 6059 6059 6059 6059 6059 6059 66649
Nett Premium
13743 13743 13743 13743 13743 13743 13743 13743 13743 13743 13743 151173
Cash Value
0 0 38485 54661 76365 88486 110020 135865 165500 199370 260004
In the year 2022, the deferment period will end and the policy will be due for annuity (pension) payment. In this year, the Notional Cash Option (NCO) value on which your pension will be calculated is estimated to be Rs. 288400 (based on assumed Bonus and Final Bonus Rate). You have an option to commute 1/3rd of this amount in lumpsum (taxfree) and make the rest available for purchasing annuity either from LIC or any other insurer. Alternately, you may use the entire amount for purchasing the annuity. The tables below illustrate the amount of pension you can get from LIC's Jeevan Nidhi Plan currently under various pension options available
Pension Amount Available With Commutation P e A 1192 3624 7316 15016 n s i o B 1190 3619 7306 14997 n O p C 1187 3610 7287 14958 t i o D 1182 3595 7258 14881 n s A E 1178 3581 7229 14824 v a i l F 1102 3355 6777 13901 a b l e G 907 2754 5547 11363 H 1162 3533 7133 14631
The above statement is based on certain assumptions which are liable to change according to Government/Corporation's policies.
Harish Chand
LIFE INSURANCE CORPORATION OF INDIA
Delhi LIC Agent PH. 09811896425, 09212201725 [email protected] www.delhiLICagent.com
Note : Pension will start after the completion of the pension mode opted. For example : If the pension mode is Half Yearly then the pension will start after the end of six months from the date of purchase of the policy
OPTION DESCRIPTION
A . Immediate Annuity per annum payable for the remainder of life B. C. D. E.
F.
Immediate Annuity per annum payable for 5 years certain so long thereafter as the annuitant may be alive
Immediate annuity per annum payable for 10 years certain and so long thereafter as the annuitant may be alive Immediate Annuity per annum payable for 15 years certain and so long thereafter as the annuitant may be alive Immediate Annuity per annum payable for 20 years certain and so long thereafter as the annuitant may be alive Immediate Annuity per annum payable for life with return of purchase price on death of the annuitant Immediate Annuity increasing at 3% per annum (simple) payable for life Immediate Annuity for life with a provision for 50 % of the annuity to the spouse on death of the annuitant.
G.
H.
The above statement is based on certain assumptions which are liable to change according to Government/Corporation's policies.