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Parul Sharma BIpdf

1) This document provides a benefit illustration for a proposed life insurance policy for Parul Sharma, age 31. 2) It shows the guaranteed and non-guaranteed benefits over the 10 year policy term including annual premiums, maturity benefits, death benefits, and surrender values. 3) The total death benefit at the end of the 10 year policy term ranges from Rs. 658,692 assuming a 4% annual return to Rs. 750,003 assuming an 8% annual return. The total maturity benefit ranges from Rs. 131,810 assuming a 4% annual return to Rs. 173,312 assuming an 8% annual return.

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dharam singh
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122 views2 pages

Parul Sharma BIpdf

1) This document provides a benefit illustration for a proposed life insurance policy for Parul Sharma, age 31. 2) It shows the guaranteed and non-guaranteed benefits over the 10 year policy term including annual premiums, maturity benefits, death benefits, and surrender values. 3) The total death benefit at the end of the 10 year policy term ranges from Rs. 658,692 assuming a 4% annual return to Rs. 750,003 assuming an 8% annual return. The total maturity benefit ranges from Rs. 131,810 assuming a 4% annual return to Rs. 173,312 assuming an 8% annual return.

Uploaded by

dharam singh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Benefit Illustration for SHRIRAM NEW SHRI VIDYA V02.

1
128N051V02

IRDAI Reg No:128


Name: PARUL SHARMA Sum Assured : 368190.00
Date Of Birth: 03/02/1991 Policy Term : 10
Age (in yrs): 31 PPT : 10
Gender: Female Mode: Yearly
Total Benefits
Guaranteed Benefit   Non Guaranteed Benefit @ 4% p.a Non Guaranteed Benefit @ 8% p.a
Including Guaranteed and Non-Guaranteed Benefits
Maturity Benefit Death Benefit
Policy Total Annualised Guaranteed Survival Surrender Death Maturity Reversionary Cash Surrender Reversionary Cash Surrender Survival Total Maturity Total Maturity Total Death Total Death
Year Premiums  Additions Benifits Benefits Benefits Benefits Bonus Bonus Benefits Bonus Bonus Benefits Benifits Benefit 4% Benefit 8% Benefit 4% Benefit 8%
1 50000.00 0.00 0.00 0.00 883656.00 0.00 8100.00 0.00 13255.00 0.00 0.00 0.00 0.00 0.00 891756.00 896911.00
2 100000.00 0.00 0.00 30000.00 875924.00 0.00 16200.00 0.00 31539.00 26510.00 0.00 32518.00 0.00 0.00 0.00 892124.00 902434.00
3 150000.00 0.00 0.00 52500.00 867824.00 0.00 24301.00 0.00 55740.00 39765.00 0.00 57802.00 0.00 0.00 0.00 892125.00 907589.00
4 200000.00 0.00 0.00 100000.00 858619.00 0.00 32401.00 0.00 105103.00 53019.00 0.00 108351.00 0.00 0.00 0.00 891020.00 911638.00
5 250000.00 0.00 0.00 140000.00 849046.00 0.00 40501.00 0.00 147452.00 66274.00 0.00 152194.00 0.00 0.00 0.00 889547.00 915320.00
6 300000.00 0.00 0.00 186000.00 838737.00 0.00 48601.00 0.00 195720.00 79529.00 0.00 201906.00 0.00 0.00 0.00 887338.00 918266.00
7 350000.00 0.00 92047.50 238000.00 827691.00 0.00 56701.00 0.00 250150.00 92784.00 0.00 257882.00 92047.50 0.00 0.00 884392.00 920475.00
8 400000.00 0.00 92047.50 207953.00 737853.00 0.00 64801.00 0.00 223262.00 106039.00 0.00 238410.00 92047.50 0.00 0.00 802654.00 843892.00
9 450000.00 0.00 92047.50 184905.00 660533.00 0.00 72902.00 0.00 203049.00 119294.00 0.00 237080.00 92047.50 0.00 0.00 733435.00 779827.00
10 500000.00 0.00 92047.50 168858.00 577690.00 0.00 81002.00 0.00 190728.00 132548.00 0.00 204646.00 92047.50 131810.00 172312.00 658692.00 750003.00
Disclosures:
(1)This is only an illustration and does not in any way create any rights and/or obligations.
(2) This Illustration is applicable to a healthy individual and acceptance of the proposal is subjected to underwriting.Premiums relating to riders and non-standard risks are excluded from the above.
(3) The above amounts that all premiums have been paid on due date.
(4) The surrender value payable will be the maximum of GSV and SSV.
(5) Please contact nearest branch office for latest surrender values payable on your policy.

Policy Details
Policy Option Not Applicable Sum Assured Rs. 368190.00
Bonus Type Simple Reversionay Sum Assured on Death (at inception of the policy) Rs. 887337.90

Premium Summary
Base Plan Riders Total Instalment Premium
Instalment Premium without GST 50000.00 0.00 50000.00
Instalment Premium with First Year GST 52250.00 52250.00
Instalment Premium with GST 2nd Year Onwards 51125.00 51125.00
I, .......................................... , have explained the premiums, and benefits under the product fully to the I, ......................................... having received the information with respect to the above, have understood the above
prospect / Policyholder. statement before entering into the contract

Date: Signature of Agent / intermediary / Date: Signature of the Prospect /


Official / Specified Person Policy holder's signature

Place:

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