14/08/2026
β¨ *Plan Summary* β¨
New Endowment β 714 (Plan 714) β’ Basic
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Mr. Anish Shrivastava β’ Age 27
Life β’ Term 15 β’ PPT 15 β’ SA 5,00,000
π° *Premium Details*
β’ Yearly: βΉ36,622
β’ Half-Yearly: βΉ18,502
β’ Quarterly: βΉ9,346
β’ Monthly: βΉ3,115
Benefits:
β’ Sum Assured: βΉ5,00,000
β’ Bonus* (18,000 Γ 15): βΉ2,70,000
β’ Final Addition Bonus*
(20 per 1000 SA): βΉ10,000
β’ Expected Maturity Amount after 15 years.: βΉ7,80,000
β’ Total benefit if settlement opted: βΉ8,52,620
β’ Life Cover Range: βΉ15,18,000 β βΉ17,80,000
β’ Total Premium Paid: βΉ5,49,330
π *Key Highlights*
β’ Mr. Anish Shrivastava is investing a yearly premium of βΉ36,622 for 15 years in this guaranteed-savings plan.
β’ The policy term is 15 years, and the life cover range is βΉ15,18,000 β βΉ17,80,000.
β’ The maturity amount payable at the end of 15 years is βΉ7,80,000.
β’ Income Tax: Premium: Sec 80C deduction Maturity: Tax free u/s 10(10D) Subject to applicable conditions and prevailing income-tax laws.
π€ *Plan presented by*
sabita Nayak β’ Lic agent
Mobile: 765588434
Email: [email protected]
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β οΈ _Note:_ This is a benefit illustration for reference only. Actual benefits depend on LIC rules and policy terms.