Retire and enjoy plan presentation from ME

Presented by
SANJEEV R POTADAR
e-mail:POTADARSANJEEV@GMAIL.COM
PHO NO:9900804198



The objective of this proposal is to provide financial security to your family during your
productive span and a happy independent retired lifestyle for yourself and your spouse
when you decide to retire.
Under this insurance proposal you will need to make
premium payments of Rs.87809/- p.a. from your own
funds till your age of 59 years. This proposal provides
for a high riskcover of Rs.2067225/- starting at age 40
and growing to Rs.3915426/- upto age 60.
In the year 2033 when you become 60 years of age,
this plan will provide for regular tax-free income to
support your comfortable retired life till age 75. The
income has been planned such that it takes care of
inflation of 6% every year. Additionally, this plan also
keeps your life covered in this period. In case of death
during this period a lumpsum amount shall be paid to
your nominee.
No premiums are payable from own fund after deferment
period, that is, after age 59.
Premiums are available for exemption under sec.80 CCE
of income tax act upto Rs.100000/- per annum.
In the event of any emergency or financial difficulties,
there is a provision under this Magic Plan to provide loan
against the insurance policy. The loan is available after 2
years of completion of the policy and payment




Quotation Ref.No.
Proposer’s Name Proposer’s Age
Quotation Date
Dr. DR.SANJAY B PATIL 40 (nearer birthday)
DR.SBPATIL 21/01/2013
Sum Proposed 1975000 Yearly Premium 87809
:
:
:
:
:
:
Sec.80 CCE Invt. Lmt. : 100000 Sec.80 CCE Tax Rebate : 30.90 %
Benefits During Deferment Period
Age  YearlyPremiumLoan Year Available Risk Cover Normal Accident
2013 40 2067225 2567225 87809 0
2014 41 2159450 2659450 87809 0
2015 42 2251675 2751675 87809 51500
2016 43 2343900 2843900 87809 119750
2017 44 2436125 2936125 87809 164500
2018 45 2528350 3028350 87809 215750
2019 46 2620575 3120575 87809 274250
2020 47 2712800 3212800 87809 340750
2021 48 2805025 3305025 87809 414250
2022 49 2897250 3397250 87809 498500
2023 50 2989475 3489475 87809 592500
2024 51 3081700 3581700 87809 696750
2025 52 3173925 3673925 87809 812250
2026 53 3266150 3766150 87809 939750
2027 54 3378125 3878125 87809 1082500
2028 55 3480225 3980225 87809 1240750
2029 56 3582325 4082325 87809 1417500
2030 57 3684425 4184425 87809 1615750
2031 58 3786525 4286525 87809 1840250
2032 59 3915426 4415426 87809 2090000
1756180
* The above projection is based on assumptions