Retiring Wealthy

Retiring Wealthy is the most desired aspects of Retirement Planning. Thanks to the advances in modern science, the average life expectancy is continuously increasing. Changing trends show that the non-working life of an individual can be longer than his working life. With increasingly stressful life every one wants to retire early but this requires right planning.
For a 25 year old who needs Rs.30000 per month today to run his household would require Rs. 1.28 lacs per month after 25 years if inflation is assumed at 6%. This comes to Rs.15.45 lacs per annum. Now if one assumes to earn 10% return post retirement, he needs Rs.1.55 crores just to meet his monthly household expenses.

Monthly Expense: Rs. 30000/- Rate of Inflation:6% No of yrs for retirement: 25 Future Value:Rs. 1.28 lacs


You need to plan for retirement because:

* Traditional avenue of savings are not sufficient to meet retirement expenses.
* Rising cost of living.
* With higher life expectancy you need to provide for around 30 years of your retired life.
* Not all of us are covered under pension schemes.
* No social security system in India like in the USA.

LIC’s JEEVAN NISCHAY TABLE NO. 199 9986184653 rsantoshrathod@gmail.com

Introduction:LIC’s JEEVAN NISCHAY TABLE NO. 199

LIC's Jeevan Nischay is a single premium closed ended plan designed exclusively for our valuable policyholders like you who have at least one in force risk bearing policy with us accepted at our standard rate. You may choose the premium amount you wish to pay and the sum payable on maturity (Maturity Sum Assured) will depend on the premium amount, your age and the term selected.

1. ELIGIBILITY CONDITIONS
Minimum age at entry: 18 years (completed)
Maximum age at entry: 50 years (nearest birthday)
Policy term: 5, 7 and 10 years
Minimum Single Premium: Rs. 10,000/-
Maximum Single Premium: Rs. 10,00,000/-

(Premium shall be in multiples of Rs.1,000/-) Maximum Basic Sum Assured (First Year Death Benefit) : Lower of- Rs. 50,00,000, and 50% of total Sum Assured (total death benefit) under all existing in force policies
2. INCENTIVE FOR HIGH PREMIUM PAID
If your premium amount is Rs. 25,000 or more, you will receive higher maturity sum assured due to available incentive.
3. LOAN
You can avail loan under this plan after completion of one policy year.
4. SURRENDER VALUE:
You may surrender the policy after it has run for at least one year. The Guaranteed Surrendered Value will be equal to 90% of the Single premium paid excluding the extra premium, if any. Corporation may however pay Special Surrender value as applicable on the date of surrender provided the same is higher than the guaranteed surrender value.
5. EXCLUSIONS:
Suicide: This policy shall be void if the Life Assured commits suicide (whether sane or insane at that time) at any time within one year from the date of commencement of risk and the Corporation will not entertain any other claim by virtue of this policy except to the extent of a maximum of (i) 90% of the Single Premium paid excluding any extra premium paid, or (ii) third party�s bonafide beneficial interest acquired in the policy for valuable consideration (but limited to the death benefit available under this policy) of which notice has been given in writing to the branch where this policy is being presently serviced (where the policy records are kept) at least one calendar month prior to death.
6. COOLING OFF PERIOD:
If you are not satisfied with the �Terms and Conditions� of the policy, you may return the policy to us within 15 days.

New Bima Gold get 20,000 at every 4 years

New Bima Gold (T. No.179)
Example: Mr. John, aged 30 years opts for New Bima Gold (T. No.179) for 2 Lakh S.A, paying an annual premium of Rs.7363/- for 20 years period.

He receives Rs.20,000 each at the end of 4,8,12 and 16 years.

On maturity the net amount payable will be total premium paid _ paid up survival benefit + loyalty addition, if any

i.e. 7363 x 20 - 20,000 x 4 = 1,47,260 + loyalty addition,
if any, he will also enjoy the extended term of 10 years
i.e. the term will be 20+10 = 30 years.

But if Mr. John dies after 12 years, his nominee will receive Rs.2lac without deducting the survival benefit paid to Mr. John

LIC’s Market Plus 1 Unit Linked Insurance Plan Table No 191LIC’s Market Plus – I (Plan 191): , launched on 17thJune 2008, is a Unit Linked Deferred Pension plan where the policy holder can choose the plan with or without risk cover.
BenefitsOn death of the policyholder within the deferment term where Life cover is opted for and is in force, the nominee is eligible to get the Sum Assured under the Basic Plan together with the Policyholder’s Fund value
On death of the policyholder where the policy is taken without life cover, then the Policyholder’s Fund value, is payable to the nominee.
On the policyholder surviving upto the date of vesting, the Policyholder’s Fund value will compulsorily be utilised to provide an annuity based on the then prevailing immediate annuity rates under the relevant annuity option.
Top-Up (Additional Premium)The policyholder can pay Top-up in multiples of Rs.1,000/- without any limit at anytime during the term of the policy.
Eligibility & Conditions:
For Basic Plan without Life Cover
a)Minimum Sum Assured : NIL.b)Maximum Sum Assured : NIL.c)Minimum Premium : Rs. 5,000 p.a. for Regular premium (other than monthly (ECS) mode)Rs. 1,000 p.m. for monthly (ECS) mode, increasing thereafter in multiples of Rs. 250. thereafter in multiples of Rs. 250.d)Maximum Premium : No Limit.e)Minimum Entry Age : 18 years last birthday.f)Maximum Entry Age : 74 years nearest birthday.g)Minimum Deferment Team : 5 years.h)Minimum Vesting Age : 40 years completed.i)Maximum Vesting Age : 79 years completed.
Related to : LIC’s Market Plus 1 Unit Linked Insurance Plan Table No 191, -

Call R. Santosh Rathod, 9986184653

Market Plus: Investment Bhi Pension Bhi 9986184653, Santosh Rathod

LIC OF INDIA

Best of Investment LIC Insurance plans, Jeevan Anand - Double Benefit for yourself and for Family Also, Jeevan shree, for your children future education, marriage and endowment, Money Back Policy, Ulip Policy for Profit Plus, Market Plus-1, High Return plan of policies offered. Call me immediate with me for all your insurance needs 9986184653, rsantoshrathod@gmail.com in Karnataka.

LIC of LIFE INSURANCE OF INDIA PLANS(Products) FOR INSURANCE & INVESTMENT
Insurance Plans Pension Plans Unit
Plans
Special Plans Group Scheme
Insurance Plans
As individuals it is inherent to differ. Each individual’s
Insurance needs and requirements are different from that of the others.
LIC’s Insurance Plans are policies that talk to you individually And give you the most suitable options that can fit your requirement.
Children Plans

Jeevan Anurag Komal Jeevan CDA Endowment Vesting At 21

Marriage Endowment Or Educational Annuity Plan

CDA Endowment Vesting At 18 Jeevan Kishore

Jeevan Chhaya Child Career Plan Child Future Plan

Child Fortune Plus
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Plans for Handicappes Dependents

Jeevan Aadhar Jeevan Vishwas
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Endowment Assurance Plans

The Endowment Assurance Policy

The Endowment Assurance Policy-Limited Payment

Jeevan Mitra(Double Cover Endowment Plan)

Jeevan Mitra(Triple Cover Endowment Plan)

Jeevan Anand

New Janaraksha Plan

Jeevan Amrit
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Plans for high Worth Individuals

Jeevan Shree-I

Jeevan Pramukh
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Money back Plans

The Money Back Policy-20 Years

The Money Back Policy-25 Years

Jeevan Surabhi-15 Years

Jeevan Surabhi-20 Years

Jeevan Surabhi-25 Years

Bima Bachat
Special Money Back Plan For Women

Jeevan Bharati - I
Whole Life Plans

The Whole Life Policy

The Whole Life Policy- Limited Payment

The Whole Life Policy- Single Premium

Jeevan Anand

Jeevan Tarang
Term Assurance Plans

Two Year Temporary Assurance Policy

The Convertible Term Assurance Policy

Anmol Jeevan-I Amulya Jeevan-I

Joint life plan Decreasing Term Assurance
to Cover Home Loan Repayment

Jeevan Saathi Mortgage Redemption
PENSION PLANS
Pension Plans are Individual Plans that gaze into your future
And foresee financial stability during your old age. These policies are most suited for senior citizens and those planning A secure future, so that you never give up on the best things in life.
Pension Plans

Jeevan Nidhi Jeevan Akshay-V

New Jeevan Dhara-I New Jeevan Suraksha-I
UNIT PLANS
Unit plans are investment plans for those who realize
the worth of hard-earned money. These plans help
CALL 9986184653
rsantoshrathod@gmail.com
LIC OF INDIA
Benefit yourself and help others just referring
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