LIC Jeevan Lakshya Policy Benefit Illustration with example.
Mr. Raju has taken LIC Jeevan Lakshyapolicy with following details:
Rajus’ age: 30 yearsPolicy Term: 20 yearsBasic Sum Assured: 10 lakhsPremium Paying term: ( Policy term – 3 years)= 20 years- 3 years = 17 years
Death Benefit: If Raju dies after 5 years from the date of receipt of policy. The death benefit payable will be:
From the 6th year of policy period, nominee will receive Rs. 1,00,000/- (10% of Basic sum assured) on every policy anniversary till end of the policy term(20th Year).At end of policy term/ maturity date, Nominee will be paid Rs. 11,00,000/- (110% of sum assured) + Vested simple Revisionary Bonuses + Final Additional Bonus (If Any).
Maturity Benefit: If Mr. Raju is surviving till the end of the policy, the maturity benefit received
Maturity Amount = Sum Assured + vested Simple Revisionary bonuses + Final Additional bonus (if any)
Maturity Amount = 10,00,000 + vested Simple Revisionary bonuses + Final Additional bonus (if any)
This Is a Combination of Mutual fund and and LIC combination so client will get more returns from mutual fund and more security from LIC policy.
Kindly feel free to call if you have any queries.
Best regards
DHAMODHARAN K
Financial Counsellor
9940857995
கருத்துகள் இல்லை:
கருத்துரையிடுக