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830-Ltd Prem Endowment
Plan Information
- Age Entry : 18-62 yrs
- Policy Term : 12/16/21 yrs PPT : 8/9
- Sum Assured : 3,00,000-No limit
- Sum Assured multiples : 10000
- Mode of payment : All ServiceTax 1st year : 4.5%
- Subsequent year : 2.25%
- Loan : After 2 yrs
- Surrender : After 2 yrs
- On Death : SA+Bonus+FAB Sum Assured on death is 125% of Basic Sum Assured or 10 times of Annualized Premium or 105% of total premiums paid whichever is higher On
- Maturity : SA+Bonus+FAB
Plan illustration for SA 2 Lakh for term 20 years and payable Term 20 years.
First Year Premium for Age 18
2nd year onwards
| Premium | GST(4.5%) | Payable Prem | |
|---|---|---|---|
| YLY | 21605 | 1026 | 22631 |
| HLY | 10910 | 518 | 11428 |
| QLY | 5509 | 262 | 5771 |
| MLY | 1836 | 87 | 1923 |
| Premium | GST(2.25%) | Payable Prem | |
|---|---|---|---|
| YLY | 21605 | 513 | 22118 |
| HLY | 10910 | 259 | 11169 |
| QLY | 5509 | 131 | 5640 |
| MLY | 1836 | 44 | 1880 |
- Sum Assured – 300000
- Bonus – 315000
- Maturity – 645000
- Total Prem – 199575
Disclaimer :
Disclaimer: The Benefits shown in this presentation are as per the 8% Benefit illustration of LIC of India, Actual values may vary, depends on the corporation profits and expenses.