CRADLE TO CAREER PLAN BY.P.T.PATIL

FINANCIAL 

ARCHITECT 

FINANCIAL 

DESIGNER 

175,LAXMI NIVAS,7 TH CROSS,SILVER TOWN,GOKUL ROAD, HUBLI 580030 KARNATAKA 

(R)0836-2333179(M) 9448133179E-mail:ptpatil179@gmail.com/sweetsuyesha@gmail.com

HOW MUCH IT COST 

TO RAISE THE CHILD 

ONE POINT 

SOLUTION 

@ 

LIFE INSURANCE CORPORATION OF INDIA 

175,LAXMI NIVAS,7 TH CROSS,SILVER TOWN,GOKUL ROAD, HUBLI,KARNATAKA 




A 

CASE 

STUDY 

A 

CASE 

STUDY 



HOW MUCH EXPENSES 

WILL CHANGE THE AGE 

As your child grows, 

so do his/her demands 

With every passing year, some of his/her needs 

increase, while others wane. For instance, healthcare 

costs are the highest till the child is 4 years old, 

where as education costs form a huge chunk of 

expenses between 17 and 21 years. 







But no matter where you are in your 

child’s stage of life, it is never too late 

to start putting some money away for 

their future. 





A regular savings plan to put 

something away each month – 

whatever you can afford to spare – 

will help with everything from school 

fees to university costs 





It is also a great way to encourage 

your children to learn about the value 

of money, by getting them involved at 

an early stage in the investment 

process. 





Many parents will not want to think 

about how much their child or 

children are going to cost them to 

bring up. 





You Should Think About Saving For Your Child 























































Which investment option is 

the best for your child's future? 

They are exposed to the same risks, offer the same 

returns and are taxed at the same rate. No mutual 

fund will give units at a discount or offer guaranteed 

returns just because a parent is saving for his child. 

No bank will offer you a higher interest rate. 

The taxman too will not exempt any income. So, the 

same rules that govern your own investments should 

apply to those made for your children. 

Your choice should depend on four basic factors: the 

tenure of the investment, the risk you are willing to 

take, the returns offered by the option and the 

taxability of the income. 





"Since each goal has a different 

time frame, separating them will 

allow the parent to choose the 

most appropriate investment to 

reach that goal," 



HOW 

MUCH IT 

COST 

TO RAISE 

THE 

CHILD 



HOW MUCH 

IT COST 


THE CHILD 

your ability to take risks depends 

on the time available. As we 

mentioned earlier, stocks and 

equity funds work best for longterm 

goals. However, if you are 

saving for your son's marriage in 

2037, steer clear of volatile stocks 

and put the money in a debt fund, 

or even a fixed deposit. 





Keep in mind the income tax rules that 

apply to your investments 

The investment portfolio for your child becomes a 

mix of short-, medium- and long-term products. Each 

option has something to offer, some financial goal to 

achieve (see graphic). Fixed deposits offer safety and 

assured returns but won't be able to beat inflation. 



HOW 

MUCH 

IT COST 


THE 

CHILD 

Mutual funds offer high growth but carry a risk and don't offer 

any insurance cover. Child insurance plans offer an insurance cover and 

help the wealth to grow. 









You have several products in market 

which claim to be Child Plans. They are 

costly and complicated for most of the 

general investors. 

The simple & successful financial 

planning is “Don’t buy, if you don’t 

understand it” 

CRADLE TO CAREER PLAN 

is for your Child Education /Career 

which we have designed a step by step 

in a simple manner for yourselves 





ELIGIBILITY CONDITIONS 

MINIMUM 

AGE @ ENTRY : 

90 DAYS LBD 

MAXIMUM 

AGE @ ENTRY : 

MINIMUM 

TERM: 

MAXIMUM 

TERM: 

MAXIMUM 

MATURITY 

AGE : 

65 yrs NBD 

10Years 

25Years 

75 yrs 

MINIMUM 

SUM ASSURED 

: 

50000 & Multiples 

of 5000 

MAXIMUM 

SUM ASSURED 

: 

ACCIDENTAL 

DEATH & 

DISABILITY 

BENEFIT 

TERM RIDER 

NO LIMIT 

NOT ALLOWED 

NOT ALLOWED 



AGE AS ON DATE SINGLE PREMIUM RISK COVER SURRENDER LOAN 

1 10/10/2016 403613 389025 272318 0 

2 10/10/2017 0 389025 350123 105000 

AGE : 0 YEARS 

TERM : 25 YEARS 

SUM ASSURED : 900000 

3 10/10/2018 0 389025 391433 137000 

4 10/10/2019 0 1083600 405203 162100 

5 10/10/2020 0 1129500 418973 188500 

6 10/10/2021 0 1175400 446513 223300 

7 10/10/2022 0 1221300 462578 254400 

SINGLE PREMIUM 

PREMIUM WITH 

SERVICE TAX Rs. 

403613 

8 10/10/2023 0 1267200 497003 298200 

9 10/10/2024 0 1313100 515363 335000 

10 10/10/2025 0 1359000 533723 346900 

11 10/10/2026 0 1404900 552083 441700 

MATURITY BENEFIT @ 

26 YEARS 10/10/2041 

S.A. 900000 

S.R.B. 1147500 

F.A.B. 405000 

TOTAL Rs. 2452500 

12 10/10/2027 0 1450800 597983 538200 

13 10/10/2028 0 1496700 618638 556800 

14 10/10/2029 0 1542600 639293 575400 

15 10/10/2030 0 1606500 659948 594000 

16 10/10/2031 0 1656900 680603 612500 

17 10/10/2032 0 1707300 701258 631100 

18 10/10/2033 0 1757700 721913 649700 

19 10/10/2034 0 1817100 742568 668300 

20 10/10/2035 0 1881000 763223 686900 

21 10/10/2036 0 1953900 783878 705500 

22 10/10/2037 0 2044800 956003 860400 

23 10/10/2038 0 2180700 983543 885200 

24 10/10/2039 0 2316600 1121243 1009100 

25 10/10/2040 0 2452500 1153373 1038000 




MINIMUM AGE 

@ ENTRY : 

MAXIMUM AGE 

@ ENTRY : 

MINIMUM 

TERM: 

MAXIMUM 

TERM: 

MAXIMUM 

MATURITY AGE 

: 

MINIMUM SUM 

ASSURED : 

8 yrs LBD 

55 yrs NBD 

10Years 

20Years 

70 yrs 

75000 & Multiples 

of 5000 

MAXIMUM 

SUM ASSURED : 

200000 

ACCIDENTAL 

DEATH & 

DISABILITY 

BENEFIT 

TERM RIDER 

18 Yrs & ABOVE 

ALLOWED 

NOT ALLOWED 



AGE 

AS ON 

DATE 

YEARLY 

PREMIUM 

RISK COVER 

NORMAL 

ACCIDENT 

SURRENDER 

LOAN 

AGE : 9 

TERM : 20 

YEARS 

YEARS 


SAVINGS 

PER DAY 

Rs. 19 ONLY 

MODE YLY HLY QLY ECS/SSS 

PREMIUM WITH 


6836 3455 1746 582 

MATURITY BENEFIT Rs. 

@ 28 Years on 10/10/2036 

SUM ASSURED Rs. 200000 

* LOYALTY ADDITIONS Rs. 105000 



(R)0836-2333179(M) 9448133179E-mail:ptpatil179@gmail.com/sweetsuyesha@gmail.com 

8 

9 

10 

11 

12 

13 

14 

15 

16 

17 

18 

19 

20 

21 

22 

23 

24 

25 

26 

10/10/2016 6836 

10/10/2017 

10/10/2018 

10/10/2019 

10/10/2020 

10/10/2021 

10/10/2022 

10/10/2023 

10/10/2024 

10/10/2025 

10/10/2026 

10/10/2027 

10/10/2028 

10/10/2029 

10/10/2030 

10/10/2031 

10/10/2032 

10/10/2033 

10/10/2034 

27 10/10/2035 

200000 200000 0 

6713 200000 200000 0 

6713 200000 200000 0 

6713 200000 200000 5930 4200 

6713 220000 220000 13178 9200 

6713 222800 222800 16473 11500 

6713 228600 228600 19767 13800 

6713 233600 233600 23062 16100 

6713 237400 237400 27674 19400 

6713 242600 242600 32616 22800 

6713 247400 247400 37887 26500 

6713 253800 253800 43487 30400 

6713 259600 259600 49418 34600 

6713 265000 265000 55677 39000 

6713 271200 271200 62266 43600 

6713 277600 277600 69185 48400 

6713 283400 283400 76432 53500 

6713 290800 290800 84010 58800 

6713 297400 297400 91917 64300 

6713 305000 305000 100153 70100 

0 

0 

0

MINIMUM AGE @ ENTRY : 

MAXIMUM AGE @ ENTRY : 

MINIMUM TERM: 

MAXIMUM TERM: 

MAXIMUM MATURITY AGE : 

MINIMUM SUM ASSURED : 

MAXIMUM SUM ASSURED : 

ACCIDENTAL DEATH & DISABILITY BENEFIT 

TERM RIDER 

Premium Waiver Benefit 


0 yrs 

12 yrs LBD 

N.A.Years 

N.A.Years 

25 Yrs 

75000 & Multiples of 5000 upto 100000 & Multiples of 

10000 

NO LIMIT 

NOT ALLOWED 

NOT ALLOWED 

ALLOWED 



MODE 

PREMIUM WITH 

SERVICE TAX 

PLAN NO : 834 

UIN : 512N299V01 

AGE : 0 YEARS 


SUM ASSURED : Rs. 900000 

WITH PREMIUM WAIVER BENEFIT 

SAVINGS 

PER DAY 

Rs. 116 

ONLY 

YEARLY HALF YEARLY QUARTELY ECS / SSS 

42220 21340 10785 3595 

BENEFITS 

AGE RETURNS FROM LIC 

20 90000 

21 90000 

22 90000 

23 90000 

24 90000 

25 450000 

BONUS 1036800 

F.A.B. 315000 

TOTAL RS. 2251800 

AS ON YEARLY 

AGE 

DATE PREMIUM RISK COVER SURENDER LOAN 

(If Needed) (If Needed) 

1 10/10/2016 42220 40694 0 0 

2 10/10/2017 41457 81388 0 0 

3 10/10/2018 41457 1029600 0 0 

4 10/10/2019 41457 1072800 56609 45300 

5 10/10/2020 41457 1116000 108258 86600 

6 10/10/2021 41457 1159200 135690 108600 

7 10/10/2022 41457 1202400 163373 130700 

8 10/10/2023 41457 1245600 191478 153200 

9 10/10/2024 41457 1288800 226196 181000 

10 10/10/2025 41457 1332000 263070 210500 

11 10/10/2026 41457 1375200 302327 241900 

12 10/10/2027 41457 1418400 340930 272700 

13 10/10/2028 41457 1461600 395495 316400 

14 10/10/2029 41457 1504800 461184 368900 

15 10/10/2030 41457 1566000 534508 427600 

16 10/10/2031 41457 1613700 606945 485600 

17 10/10/2032 41457 1661400 688339 550700 

18 10/10/2033 41457 1709100 780200 624200 

19 10/10/2034 41457 1765800 884488 707600 

20 10/10/2035 41457 1827000 1003392 802700 

21 10/10/2036 1897200 1148361 918700 

22 10/10/2037 1985400 1311528 1049200 

23 10/10/2038 2118600 1495419 1196300 

24 10/10/2039 2251800 1702786 1362200 




MINIMUM AGE @ 

ENTRY : 

MAXIMUM AGE @ 

ENTRY : 

MINIMUM TERM: 

MAXIMUM TERM: 

MAXIMUM 

MATURITY AGE : 

MINIMUM SUM 

ASSURED : 

MAXIMUM SUM 

ASSURED : 

ACCIDENTAL DEATH 

& DISABILITY 

BENEFIT 

TERM RIDER 

Premium Waiver 

Benefit 

0 yrs 

12 yrs LBD 

N.A. 

N.A. 

25 Yrs 

100000 

&Multiples of 

10000 

NO LIMIT 

NOT ALLOWED 

NOT ALLOWED 

ALLOWED 



MODE 

PREMIUM WITH 

SERVICE TAX 


UIN : 512N296V01 

AGE : 0 YEARS 


SUM ASSURED : Rs. 900000 

WITH PREMIUM WAIVER BENEFIT 

YEARLY 

HALF 

YEARLY 

QUARTELY 

SAVINGS 

PER DAY 

Rs. 108 

ONLY 

ECS / SSS 

39429 19930 10073 3357 

SURVIVAL BENEFITS 

Rs. 

18 10/10/2033 180000 

20 10/10/2035 180000 

22 10/10/2037 180000 

MATURITY BENEFITS 10/10/2040 

SUM ASSURED 360000 

BONUS 1036800 

FINAL ADDITIONAL BONUS 315000 

TOTAL RS. 1711800 

AGE 

AS ON 

DATE 

YEARLY 

PREMIUM 

RISK COVER 

SURENDER (If 

Needed) 

LOAN (If Needed) 

1 10/10/2016 39429 38004 0 0 

2 10/10/2017 38717 76008 0 0 

3 10/10/2018 38717 1029600 0 0 

4 10/10/2019 38717 1072800 54188 43400 

5 10/10/2020 38717 1116000 102878 82300 

6 10/10/2021 38717 1159200 128965 103200 

7 10/10/2022 38717 1202400 155303 124200 

8 10/10/2023 38717 1245600 182063 145700 

9 10/10/2024 38717 1288800 215032 172000 

10 10/10/2025 38717 1332000 250057 200000 

11 10/10/2026 38717 1375200 287362 229900 

12 10/10/2027 38717 1418400 336882 269500 

13 10/10/2028 38717 1461600 395495 316400 

14 10/10/2029 38717 1504800 461184 368900 

15 10/10/2030 38717 1566000 534508 427600 

16 10/10/2031 38717 1613700 606945 485600 

17 10/10/2032 38717 1661400 688339 550700 

18 10/10/2033 38717 1709100 780200 624200 

19 10/10/2034 38717 1765800 884488 707600 

20 10/10/2035 38717 1827000 1003392 802700 

21 10/10/2036 38717 1897200 1148361 918700 

22 10/10/2037 38717 1985400 1311528 1049200 

23 10/10/2038 38717 2118600 1495419 1196300 

24 10/10/2039 38717 2251800 1702786 1362200 




MINIMUM 

AGE @ ENTRY 

: 

MAXIMUM 

AGE @ ENTRY 

: 

18 yrs LBD 

50 yrs NBD 

MINIMUM 

TERM: 

13 Years 

MAXIMUM 

TERM: 

25 Years 

MAXIMUM 

MATURITY 

AGE : 

MINIMUM 

SUM ASSURED 

: 

MAXIMUM 

SUM ASSURED 

: 

ACCIDENTAL 

DEATH & 

DISABILITY 

BENEFIT 

TERM RIDER 

65 yrs 

100000 

&Multiples of 

10000 

NO LIMIT 

ALLOWED 

ALLOWED 




UIN : 512N297V01 

AGE : 30 YEARS 


P.P.TERM : 17 YEARS 


SAVINGS 

PER DAY 

Rs. 107 ONLY 

AGE 

AS ON 

DATE 

YEARLY 

PREMIUM 

TOTAL RISK COVER * SURENDER 

NORMAL ACCIDENT (If Needed) 

LOAN 

(If Needed) 

30 10/10/2016 38992 4657500 5557500 0 0 

31 10/10/2017 38288 4567500 5467500 0 0 

32 10/10/2018 38288 4477500 5377500 0 0 

33 10/10/2019 38288 4387500 5287500 53149 42500 

34 10/10/2020 38288 4297500 5197500 100387 80300 

35 10/10/2021 38288 4207500 5107500 125771 100600 

36 10/10/2022 38288 4117500 5017500 151374 121100 

37 10/10/2023 38288 4027500 4927500 177252 141800 

38 10/10/2024 38288 3937500 4837500 208748 167000 

39 10/10/2025 38288 3847500 4747500 242100 193700 

40 10/10/2026 38288 3757500 4657500 277425 221900 

41 10/10/2027 38288 3667500 4567500 314961 252000 

MODE YEARLY HALF YEARLY QUARTELY ECS / SSS 

PREMIUM WITH 


38992 19704 9956 3319 

MATURITY BENEFITS 

ON 10/10/2041 

RS. 2407500 

42 10/10/2028 38288 3577500 4477500 366217 293000 

43 10/10/2029 38288 3487500 4387500 426725 341400 

44 10/10/2030 38288 3397500 4297500 494425 395500 

45 10/10/2031 38288 3307500 4207500 569871 455900 

46 10/10/2032 38288 3217500 4117500 644004 515200 

47 10/10/2033 38288 3127500 4027500 727148 581700 

48 10/10/2034 38288 3037500 3937500 821105 656900 

49 10/10/2035 38288 2947500 3847500 927598 742100 

50 10/10/2036 38288 2857500 3757500 1049150 839300 

51 10/10/2037 38288 2767500 3667500 1197487 958000 

52 10/10/2038 2677500 3577500 1364119 1091300 

53 10/10/2039 2587500 3487500 1551954 1241600 

54 10/10/2040 2497500 3397500 1763610 1410900 



YEAR 

YEARLY 

PREMIUM 

RETURNS 

FROM LIC 

YEAR 

YEARLY 

PREMIUM 

RETURNS 

FROM LIC 

2016 28679 0 2016 28679 0 

2017 28160 0 2017 28160 0 

2018 28160 0 2018 28160 0 

2019 28160 0 2019 28160 0 

2020 28160 0 2020 28160 0 

JEEVAN LAKSHYA POLICY 

An Example of Death Benefits in Jeevan Lakshya policy : 

2021 0 50000 2021 28160 0 

2022 0 50000 2022 28160 0 

2023 0 50000 2023 28160 0 

Incase Death occures on 5 th policy 

year, The following death benefits will 

be given to your nominee 

Incase Death occurs on 

9 th policy year, The following 

death benefits will be given to 

your nominee 

2024 0 50000 2024 28160 0 

2025 0 50000 2025 0 50000 

2026 0 50000 2026 0 50000 

2027 0 50000 2027 0 50000 

2028 0 50000 2028 0 50000 

2029 0 50000 2029 0 50000 

2030 0 50000 2030 0 50000 

2031 0 50000 2031 0 50000 

2032 0 50000 2032 0 50000 

2033 0 50000 2033 0 50000 

2034 0 50000 2034 0 50000 

2035 0 50000 2035 0 50000 

2036 0 1035000 2036 0 1035000 

TOTAL BENEFITS 1785000 TOTAL BENEFITS 1585000 



• BACHAT AS FIXED DEPOSIT 

• EMPLOYER – EMPLOYEE 

• BENEFIT TO EMPLOYER 

• BENEFIT TO EMPLOYEE 

• WITHDRAWAL OF ADVANCE 

• INTEREST PAID ON ADVANCE 

• MONEY BACK TAX FREE 

• MATURITY TAX FREE 

• LOYALTY LTG 

• INSURANCE AT NO MEDICAL 

• BETTER THAN TERM INSURANCE 

• ASSIGNMENT AVAILABLE 


MINIMUM AGE @ 

ENTRY : 

MAXIMUM AGE @ 

ENTRY : 

15 yrs LBD 

66, 63, 60 yrs NBD 

MINIMUM TERM: 9,12,15 Years 

MAXIMUM TERM: 9,12,15, Years 

MAXIMUM 

MATURITY AGE : 

MINIMUM SUM 

ASSURED : 

MAXIMUM SUM 

ASSURED : 

75 yrs 

9=35000,12=50000,15=700 

00 

NO LIMIT 

ACCIDENTAL DEATH 

& DISABILITY BENEFIT 

NOT ALLOWED 

TERM RIDER 

NOT ALLOWED 




TERM : 9 


SINGLE PREMIUM 

PREMIUM WITH 


YEARS 

659708 


24 Years On 10/10/2025 

Rs. 734863 

AGE 

AS ON 

DATE 

SINGLE 

PREMIUM 

RISK 

COVER 

SURVIVAL 

BENEFITS 

SURRENDER LOAN 

15 10/10/2016 659708 900000 0 573866 0 

16 10/10/2017 0 900000 0 605660 363400 

17 10/10/2018 0 900000 

0 

534125 320500 

18 10/10/2019 0 900000 135000 565918 339600 

19 10/10/2020 0 900000 0 597711 358600 

20 10/10/2021 0 999000 

0 

527766 316700 

21 10/10/2022 0 999000 135000 559559 335700 

22 10/10/2023 0 999000 0 591353 354800 

23 10/10/2024 0 999000 0 521408 312800 




MINIMUM 

AGE @ ENTRY : 

MAXIMUM 

AGE @ ENTRY : 

13 yrs LBD 

50 yrs NBD 

MINIMUM 

TERM: 

20 Years 

MAXIMUM 

TERM: 

20 Years 

MAXIMUM 

MATURITY 

AGE : 

70 yrs 

MINIMUM 

100000 

SUM ASSURED 

&Multiples of 5000 

: 

MAXIMUM 

SUM ASSURED 

: 

ACCIDENTAL 

DEATH & 

DISABILITY 

BENEFIT 

TERM RIDER 

NO LIMIT 


ALLOWED 

18 - 50 yrs 

ALLOWED 



AGE : 13 

YEARS 

TERM : 20 

YEARS 



PREMIUM WITH 


68208 34467 17414 5805 

MATURITY BENEFIT 

@ 

33 Years 10/10/2036 

Rs. 1098000 

AGE 

13 

14 

15 

16 

17 

18 

19 

20 

21 

22 

23 

24 

25 

26 

27 

28 

29 

30 

31 

32 



AS ON 

DATE 

YEARLY 

PREMIUM 

RISK COVER 

NORMAL ACCIDENT 

SURRENDER 

LOAN 

SURVIVAL 

BENEFIT 

10/10/2016 68208 1160100 1160100 0 0 0 

10/10/2017 66976 1195200 1195200 0 0 0 

10/10/2018 66976 1230300 1230300 0 0 0 

10/10/2019 66976 1265400 1265400 155538 140000 0 

10/10/2020 66976 1300500 1300500 212544 191300 0 

10/10/2021 66976 1335600 1335600 92610 83300 180000 

10/10/2022 66976 1370700 1370700 156096 140500 0 

10/10/2023 66976 1405800 1405800 223368 201000 0 

10/10/2024 66976 1440900 1440900 294912 265400 0 

10/10/2025 66976 1476000 1476000 371178 334100 0 

10/10/2026 66976 1511100 1511100 272640 245400 180000 

10/10/2027 66976 1546200 1546200 354780 319300 0 

10/10/2028 66976 1581300 1581300 442800 398500 0 

10/10/2029 66976 1616400 1616400 537780 484000 0 

10/10/2030 66976 1669500 1669500 641028 576900 0 

10/10/2031 0 1704600 1704600 574020 516600 180000 

10/10/2032 0 1739700 1739700 703584 633200 0 

10/10/2033 0 1774800 1774800 845466 760900 0 

10/10/2034 0 1809900 1809900 1001268 901100 0 

10/10/2035 0 1863000 1863000 1172736 1055500 0





PREMIUM WITH 


51646 26100 13190 4397 


@ 

38 Years 10/10/2041 

Rs. 1552500 

AGE 

13 

14 

15 

16 

17 

18 

19 

20 

21 

22 

23 

24 

25 

26 

27 

28 

29 

30 

31 

32 

33 

34 

35 

36 

37 

AS ON 

DATE 

YEARLY 

PREMIUM 

RISK COVER 


SURREND 

ER 



LOAN 

SURVIVAL 

BENEFIT 

10/10/2016 51646 1164600 1164600 0 0 0 

10/10/2017 50712 1204200 1204200 0 0 0 

10/10/2018 50712 1243800 1243800 0 0 0 

10/10/2019 50712 1283400 1283400 145571 131000 0 

10/10/2020 50712 1323000 1323000 196758 177100 0 

10/10/2021 50712 1362600 1362600 114548 103100 135000 

10/10/2022 50712 1402200 1402200 169101 152200 0 

10/10/2023 50712 1441800 1441800 225612 203100 0 

10/10/2024 50712 1481400 1481400 284292 255900 0 

10/10/2025 50712 1521000 1521000 345371 310800 0 

10/10/2026 50712 1560600 1560600 274140 246700 135000 

10/10/2027 50712 1600200 1600200 340929 306800 0 

10/10/2028 50712 1639800 1639800 410940 369800 0 

10/10/2029 50712 1679400 1679400 484533 436100 0 

10/10/2030 50712 1737000 1737000 562167 506000 0 

10/10/2031 50712 1776600 1776600 509153 458200 135000 

10/10/2032 50712 1816200 1816200 590400 531400 0 

10/10/2033 50712 1855800 1855800 676710 609000 0 

10/10/2034 50712 1895400 1895400 769095 692200 0 

10/10/2035 50712 1953000 1953000 868523 781700 0 

10/10/2036 0 1992600 1992600 841410 757300 135000 

10/10/2037 0 2032200 2032200 964346 867900 0 

10/10/2038 0 2071800 2071800 1097559 987800 0 

10/10/2039 0 2111400 2111400 1242684 1118400 0 

10/10/2040 0 2317500 2317500 1401192 1261100 0


MINIMUM 

AGE @ ENTRY 

: 

MAXIMUM 

AGE @ ENTRY 

: 

MINIMUM 

TERM: 

MAXIMUM 

TERM: 

MAXIMUM 

MATURITY 

AGE : 

MINIMUM 

SUM ASSURED 

: 

MAXIMUM 

SUM ASSURED 

: 

ACCIDENTAL 

DEATH & 

DISABILITY 

BENEFIT 

TERM RIDER 

8 yrs LBD 

55 yrs NBD 

12Years 

35Years 

75 yrs 

100000 

&Multiples of 

5000 

NO LIMIT 


ALLOWED 

18 - 55 yrs 

ALLOWED 



AGE 

AS ON 

DATE 

YEARLY 

PREMIUM 

NORMAL 

RISK COVER 

ACCIDENT 

SURRENDE 

R 

LOAN 

13 10/10/2016 62123 934200 934200 0 0 

14 10/10/2017 61001 968400 968400 0 0 

15 10/10/2018 61001 1002600 1002600 0 0 

AGE : 8 YEARS 

16 10/10/2019 61001 1036800 1036800 113549 102200 



PER DAY 

SAVINGS 

Rs. 170 ONLY 

17 10/10/2020 61001 1071000 1071000 163230 146900 

18 10/10/2021 61001 1105200 1105200 220004 198000 


PREMIUM WITH 


62123 31393 15862 5287 


23 YEARS 10/7/2030 

SUM ASSURED 900000 

S.R.BONUS 513000 

FINAL ADD. BONUS 18000 


19 10/10/2022 61001 1139400 1139400 280226 252200 

20 10/10/2023 61001 1173600 1173600 348097 313300 

21 10/10/2024 61001 1207800 1207800 425181 382700 

22 10/10/2025 61001 1242000 1242000 513004 461700 

23 10/10/2026 61001 1276200 1276200 613713 552300 

24 10/10/2027 61001 1310400 1310400 735184 661700 

25 10/10/2028 61001 1344600 1344600 873573 786200 

26 10/10/2029 61001 1378800 1378800 1030991 927900 

27 10/10/2030 61001 1431000 1431000 1209867 1088900 





AGE : 8 YEARS 


P.P. TERM : 16 YEARS 



PREMIUM WITH 


40469 20447 10329 3443 


33 Yrs on 10/10/2041 


* S.R. BONUS Rs. 1125000 

* F. A. BONUS Rs. 405000 




AGE 

AS ON 

DATE 

YEARLY 

PREMIUM 

RISK COVER 


SURRENDER 

8 10/10/2016 40469 945000 945000 0 0 

9 10/10/2017 39737 990000 990000 0 0 

10 10/10/2018 39737 1035000 1035000 0 0 

LOAN 

11 10/10/2019 39737 1080000 1080000 55733 44600 

12 10/10/2020 39737 1125000 1125000 105768 84600 

13 10/10/2021 39737 1170000 1170000 132503 106000 

14 10/10/2022 39737 1215000 1215000 159462 127600 

15 10/10/2023 39737 1260000 1260000 186701 149400 

16 10/10/2024 39737 1305000 1305000 219908 175900 

17 10/10/2025 39737 1350000 1350000 255068 204100 

18 10/10/2026 39737 1395000 1395000 292299 233800 

19 10/10/2027 39737 1440000 1440000 331846 265500 

20 10/10/2028 39737 1485000 1485000 370332 296300 

21 10/10/2029 39737 1530000 1530000 431519 345200 

22 10/10/2030 39737 1593000 1593000 499981 400000 

23 10/10/2031 39737 1642500 1642500 576275 461000 

24 10/10/2032 1692000 1692000 651240 521000 

25 10/10/2033 1741500 1741500 735318 588300 

26 10/10/2034 1800000 1800000 830331 664300 

27 10/10/2035 1863000 1863000 938021 750400 

28 10/10/2036 1935000 1935000 1060938 848800 

29 10/10/2037 2025000 2025000 1210942 968800 

30 10/10/2038 2160000 2160000 1379446 1103600 

31 10/10/2039 2295000 2295000 1569391 1255500 

32 10/10/2040 2430000 2430000 1783426 1426700

Sum Assured 

Age of Entry 

Minimum Premium 

Maximum Premium 

Policy Term 

Premium Paying Term 

Risk commencement [ In case, policy holder is less 

than 8 years of age] 

Loan 

(10 times of Annualized Premium) or (105% of the 

total premiums paid), whichever is higher 

90 days [Complete] to 50 years [Nearest birthday] 

Rs. 20,000 [ Yearly], Rs. 13,000 [Half Yearly], Rs. 

8,000 [Quarterly] and Rs. 3000 [Monthly ECS] 

No Uper limit, Annual premium in multiple of Rs. 

1,000 and monthly in multiple of Rs. 250 

10 to 20years 

Same as policy term 

Either completion of 8 years of age or 2 years from 

starting of policy 

Not Available 



Minimum Age at Entry 

Maximum Age at Entry 

Premium Paying Mode 

Policy Term (Premium Payment 

Term) 

Basic Sum Assured 

Premium Payment Mode rebate 

Rebate on High Sum Assured 

(Per 1000 of Sum Assured) 

Loan 

Surrender 

14 Years (Completed) 

50 Years for 16 Year Term 



Calculate Age 

Yearly, Half Yearly, Quarterly, 

Monthly (ECS Only) 

16(10), 20(12), 24(15) 

Minimum 1,00,000 and Maximum 

5,00,000 (in multiple of 20,000) 

2% on yearly, 1% on Half Yearly, Nil 

on Quarterly & Monthly 

0% up to 1,80,000 

2.5% for 2,00,000 to 4,80,000 

3% for 5,00,000 

After 3 years 

After 3 years of full premium 

payment

Rs. 250000 

Survival and Maturity benefits 

For 16 year Policy: 15% of Sum assured on completion of 4th, 

8th and 12th year and on maturity on 16th year, 55% of sum 

assured + Loyalty Addition. 


8th, 12th and 16th year and on maturity on 20th year, 40% of 

sum assured + Loyalty Addition. 


8th, 12th, 16th and 20th year and on maturity on 20th year, 

40% of sum assured + Loyalty Addition. 

Death benefits 

On death during First Five Years of the policy: 

If Death happens before completion of 5 years, then 

sum assured will paid as death claim. 

On death during after 5 years of the policy: 

Death Claim will be Sum Assured + Loyalty Addition. 

TOTAL PREMIUM PAYABLE 

Rs. 422753 

TOTAL AMOUNT RECEIVABLE 

Rs. 615000 

NET GAIN 

Rs. 192247 

INSURANCE FROM 

38 Yrs To 53 Yrs. 


WITH LOYALTY ADDITION 

@ 38 Years On 8/10/2040 

Rs. 315000 

AGE 

AS ON 

DATE 


TERM : 24 

YEARS 



PREMIUM WITH 


28667 14488 7321 2440 

YEARLY 

PREMIU 

M 

RISK COVER 

NORMAL 

ACCIDENT 

SAVINGS 

PER DAY 

Rs. 79 ONLY 

Pay Premium for 

15 Years only 

SURRENDE 

R 

LOAN 

SURVIVAL 

BENEFIT 

14 8/10/2016 28667 500000 500000 0 0 0 

15 8/10/2017 28149 500000 500000 0 0 0 

16 8/10/2018 28149 500000 500000 0 0 0 

17 8/10/2019 28149 500000 500000 24868 22400 0 

18 8/10/2020 28149 500000 500000 691 600 60000 

19 8/10/2021 28149 500000 500000 9078 8200 0 

20 8/10/2022 28149 535000 535000 22893 20600 0 

21 8/10/2023 28149 537500 537500 38661 34800 0 

22 8/10/2024 28149 540000 540000 2768 2500 60000 

23 8/10/2025 28149 542500 542500 29935 26900 0 

24 8/10/2026 28149 545000 545000 60381 54300 0 

25 8/10/2027 28149 547500 547500 110363 99300 0 

26 8/10/2028 28149 550000 550000 95578 86000 60000 

27 8/10/2029 28149 555000 555000 145950 131400 0 

28 8/10/2030 28149 560000 560000 174905 157400 0 

29 8/10/2031 565000 565000 206802 186100 0 

30 8/10/2032 570000 570000 175244 157700 60000 

31 8/10/2033 572500 572500 212229 191000 0 

32 8/10/2034 577500 577500 254170 228800 0 

33 8/10/2035 582500 582500 297882 268100 0 

34 8/10/2036 587500 587500 283382 255000 60000 

35 8/10/2037 595000 595000 330690 297600 0 

36 8/10/2038 600000 600000 387745 349000 0 

37 8/10/2039 607500 607500 402750 362500 0

PLAN PARAMETERS 


Minimum Age at Entry : 

Maximum Age at Entry : 

Maximum Maturity Age : 

POLICY TERM : 

Minimum 

Basic Sum Assured : 

12 Yrs LBD 

45 Yrs NBD 

65 Yrs NBD 

12 Yrs TO 20 Yrs 

1,50,000 & Multiples 

Of 10,000 

Maximum Basic Sum Assured : 

Accidental Death AND Disability 

Benefit 

NO LIMIT 

18 Yrs & Above 

ALLOWED 

TERM RIDER NOT ALLOWED . 







PREMIUM WITH 


23996 12126 6127 2042 

AGE 

AS ON 

DATE 

YEARLY 

PREMIUM 

RISK COVER 

SURRENDER 

LOAN 


12 23/2/2016 23996 500000 500000 0 0 

13 23/2/2017 23577 521000 521000 0 0 

14 23/2/2018 23577 542000 542000 0 0 

15 23/2/2019 23577 563000 563000 38516 34700 

16 23/2/2020 23577 584000 584000 60241 54200 

17 23/2/2021 23577 605000 605000 75775 68200 

18 23/2/2022 23577 751000 751000 96214 86600 

19 23/2/2023 23577 772000 772000 120879 108800 

20 23/2/2024 23577 793000 793000 148819 133900 

21 23/2/2025 23577 814000 814000 180380 162300 

22 23/2/2026 23577 835000 835000 215924 194300 

23 23/2/2027 23577 981000 981000 251988 226800 

24 23/2/2028 23577 1002000 1002000 292560 263300 

25 23/2/2029 23577 1023000 1023000 338468 304600 

26 23/2/2030 23577 1044000 1044000 390715 351600 

27 23/2/2031 23577 1065000 1065000 450432 405400 

28 23/2/2032 23577 1348500 1348500 522854 470600 

29 23/2/2033 23577 1372000 1372000 604721 544200 

30 23/2/2034 23577 1395500 1395500 697259 627500 

31 23/2/2035 23577 1424000 1424000 801808 721600 


32 Yrs on 23/2/2036 


* S.R. BONUS Rs. 420000 

* F. A. BONUS Rs. 35000 






YOU 

CAN 

TAKE 

CUSTOMISE 

PLAN 

ALSO 



TOTAL PREMIUM 

including service tax 

Rs. 6,182 

MODE 

HALF-YEARLY 

BENEFITS 

MEDICAL BENEFITS 

YEAR 2015 2016 2017 2018 2019 2020 2021 2022 

Mr. 

A Smart Health Insurance Plan for 

FATHER & His Family 

* TAX BENEFIT: 

* Premiums paid up to 

Rs. 15,000 is eligible 

for benefits under 

Sec. 80 (D ) . 

Mr. FATHER AGE 32 PREMIUM Rs. 2,604 

AGE 32 33 34 35 36 37 38 39 

HCB NON 

MAXIMUM 

1,000 1,050 1,100 1,150 1,200 1,250 1,300 1,350 

ICU 

BENEFITS 

(LIFE TIME) 

HCB ICU 2,000 2,100 2,200 2,300 2,400 2,500 2,600 2,700 

MAXIMUM 

HCB 

MAXIMUM 

MSB 

45,000 141,750 148,500 155,250 162,000 168,750 175,500 182,250 1179000 

100,000 105,000 110,000 115,000 120,000 125,000 130,000 135,000 800000 

DCPB 15,000 15,750 16,500 17,250 18,000 18,750 19,500 20,250 141000 

OSB 30,000 94,500 99,000 103,500 108,000 112,500 117,000 121,500 786000 

SPOUSE: WIFE / HUSBAND 

Mr. R.DEVI AGE 27 PREMIUM Rs. 1,805 

AGE 27 28 29 30 31 32 33 34 

HCB NON 

MAXIMUM 

1,000 1,050 1,100 1,150 1,200 1,250 1,300 1,350 

ICU 

BENEFITS 

(LIFE TIME) 

HCB ICU 2,000 2,100 2,200 2,300 2,400 2,500 2,600 2,700 

MAXIMUM HCB 45,000 141,750 148,500 155,250 162,000 168,750 175,500 182,250 1179000 

MAXIMUM 

MSB 

100,000 105,000 110,000 115,000 120,000 125,000 130,000 135,000 800000 

DCPB 15,000 15,750 16,500 17,250 18,000 18,750 19,500 20,250 141000 

OSB 30,000 94,500 99,000 103,500 108,000 112,500 117,000 121,500 786000 



BENEFITS 

MEDICAL BENEFITS 

YEAR 2015 2016 2017 2018 2019 2020 2021 2022 

CHILD -1 

Mr. 

A Smart Health Insurance Plan for 

FATHER & His Family 

* TAX BENEFIT: 

* Premiums paid up to 

Rs. 15,000 is eligible 

for benefits under 

Sec. 80 (D ) . 

Selvan. SON AGE 5 PREMIUM Rs. 888 

AGE 5 6 7 8 9 10 11 12 

HCB NON 

MAXIMUM 

1,000 1,050 1,100 1,150 1,200 1,250 1,300 1,350 

ICU 

BENEFITS 

(LIFE TIME) 

HCB ICU 2,000 2,100 2,200 2,300 2,400 2,500 2,600 2,700 

MAXIMUM 

HCB 

MAXIMUM 

MSB 

45,000 141,750 148,500 155,250 162,000 168,750 175,500 182,250 1179000 

100,000 105,000 110,000 115,000 120,000 125,000 130,000 135,000 800000 

DCPB 15,000 15,750 16,500 17,250 18,000 18,750 19,500 20,250 141000 

OSB 30,000 94,500 99,000 103,500 108,000 112,500 117,000 121,500 786000 

CHILD -2 

Selvi. DAUGHTER AGE 2 PREMIUM Rs. 885 

AGE 2 3 4 5 6 7 8 9 

HCB NON 

MAXIMUM 

1,000 1,050 1,100 1,150 1,200 1,250 1,300 1,350 

ICU 

BENEFITS 

(LIFE TIME) 

HCB ICU 2,000 2,100 2,200 2,300 2,400 2,500 2,600 2,700 

MAXIMUM HCB 45,000 141,750 148,500 155,250 162,000 168,750 175,500 182,250 1179000 

MAXIMUM 

MSB 

100,000 105,000 110,000 115,000 120,000 125,000 130,000 135,000 800000 

DCPB 15,000 15,750 16,500 17,250 18,000 18,750 19,500 20,250 141000 

OSB 30,000 94,500 99,000 103,500 108,000 112,500 117,000 121,500 786000 



WE CAN REDUCE YOUR AGE 

TO SAVE PREMIUM 



One of the most popular and important riders added to 

an insurance policy is the ‘Waiver of Premium’ rider. 

If this rider is a part of one’s insurance policy, it ensures 

that the premiums to be paid by the insured are waived 

in the event that the insured becomes ‘completely 

disabled’ or loses his source of revenue because of 

unemployment owing to an injury or sickness. In such a 

situation, even though the premiums are not paid by 

the insured, the policy does not lapse. 

WAIVER OF PREMIUM 

One other feature of this rider that bears attention is 

the fact that the premium paid for this rider qualifies for 

tax deduction under section 80D of the Income Tax Act. 

A great safety net 



COMPARISION 



Historical Interest 

Rate of EPF 





L 

I 

C 

B 

O 

N 

U 

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A 

T 

E 





L 

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L 

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L 

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C 

B 

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N 

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S 

T 

R 

E 

N 

D 



HOW MUCH 

IT COST 


THE CHILD 

IRDA Claim 

Settlement Ratio 

2015-2016 

Which is best 

Life Insurance 

Company? 



RETURN ON INVESTMENT 



INDIAN GROWTH STORY 



INCOME TAX SLAB 



INCOME TAX SLAB 



HOW MUCH U CAN SAVE INCOME TAX 



P 

R 

E 

M 

I 

U 

M 

P 

A 

Y 

M 

E 

N 

T 

OPTIONS 





Type LICPension 

[STAT/ECDUE/ANNPD/PDTHRU/AMOUNT/C 

HQRET] Send To 56767877 

Enquiries :- 

a) IPP Policy Status, (STAT) 

b) Existence Certificate Due, (ECDUE) 

c) Last Annuity Released Date, (ANNPD) 

d) Annuity Payment thru (CHQ/ECS/NEFT) 

(PDTHRU) 

e) Annuity Amount (AMOUNT) 

f) Cheque Return Information (CHQRET) 

"Policyholders can make same enquiries 

over long code 96649 96649" 

For Individual policy enquiry through SMS, 

Type ASKLIC < POLICY NO > 

PREMIUM/REVIVAL/BONUS/LOAN/NOM 

Send To 56767877 



RECOGNITION 



HOW 

TO 

COMPLETE 

THE 

PROPOSAL 



HOW 


COMPLETE 

THE 

PROPOSAL 



HOW 


COMPLETE 

THE 

PROPOSAL

CRADLE TO CAREER PLAN BY.P.T.PATIL

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