Jeevan Kishore - Sample Presentation with Example

Jeevan Kishore

Proposer : Mr. X Age: 32 Years

Policy Holder : Mr. Y Age: 0 Year.

Policy Amount: Rs.2,00,000/-

Policy Term: 20 yrs.

Premium Amounts:

Payment Mode	Premium
Yearly	Rs.9556 /-
Half Yearly	Rs.4858 /-
Quarterly	Rs.2469 /-

Maturity Benefits:

On maturity of the policy the Sum Assured (Rs.2,00,000 /-) + Bonus + FAB, if any will be paid to the policy holder.

What is paid for 20 years		What your child gets
Yearly	Rs.1,91,120/- - T.B for 20 years	SA – 2,00,000 + Bonus – 1,68,000 ( estimated @ Rs.42 per 1000 SA for 26 years.)+ F.A.B, if any – Rs.44,000 (estimated @ Rs.220 per 1000 SA) = Rs.4,12,000.
Half Yearly	Rs.1,94,320/- - T.B for 20 years
Quarterly	Rs.1,97,520/- - T.B for 20 years

T.B – Tax Benefits: The Net Taxable Annual income can be reduced to a great extent by subtracting the annual premium paid from the net taxable income.

F.A.B – Final Additional Benefits.

Policy Holder will also be provided Premium Waiver Benefit in the given premium amount.

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