LIC's Jeevan Utsav (Plan No.

771)

Benefit Illustration

LIC's Jeevan Utsav (Plan No. 771)

A Non-Linked, Non-Participating, Individual, Savings, Whole Life Insurance Plan
(Unique Identification Number - 512N363V02)

Distribution channel Online Agency name Not applicable Agency code Not applicable
Name of Age of
Aman Tiwari 29 years Date of illustration 07-12-2024
prospect/policyholder prospect/policyholder
Name of life assured Aman Tiwari Age of life assured 30 years Benefit UID/Proposal no.
Mode of payment of
Policy term Whole life Premium payment term 16 years Yearly
premium
Sum assured on death Instalment premium
Basic sum assured Rs. 5,00,000 5,00,000 27,022.00
(at inception of the policy) Rs. (for base plan)

Option I - Regular income benefit

This benefit illustration is intended to show year-wise premiums payable and benefits under the inforce policy.

Premium summary
Particular Base plan Riders1 Total instalment premium
Instalment premium without GST 27,022.00 0.00 27,022.00
Instalment premium with GST @ 4.50% (1st year) 28,238.00 0.00 28,238.00
Instalment premium with GST @ 2.25% (2nd year onwards) 27,630.00 0.00 27,630.00
GST rate shall be as applicable from time to time.

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 LIC's Jeevan Utsav (Plan No. 771)

Benefits under base plan

(Amount in rupees)
Non
Guaranteed benefits guaranteed
Policy year Annualized Guaranteed benefits
(end of premium2(C addition3 Minimum
year) umulative) Regular Special
Maturity Death guaranteed
income surrender
benefit4 benefit surrender
benefit value
value5
1 2 3 4 5 6 7 8

1 27022 20000 0 0 520000 0 3905

2 54044 40000 0 0 540000 16213 8282

3 81066 60000 0 0 560000 29573 13161

4 108088 80000 0 0 580000 56468 18614

5 135110 100000 0 0 600000 71615 24651

6 162132 120000 0 0 620000 87174 31334

7 189154 140000 0 0 640000 103159 86396

8 216176 160000 0 0 660000 122743 105677

9 243198 180000 0 0 680000 143540 127231

10 270220 200000 0 0 700000 165548 168447

11 297242 220000 0 0 720000 188797 198501

12 324264 240000 0 0 740000 213232 231972

13 351286 260000 0 0 760000 238878 297340

14 378308 280000 0 0 780000 265737 343398

15 405330 300000 0 0 800000 293837 394541

16 432352 320000 0 0 820000 323121 582593

17 432352 320000 0 0 820000 332815 626255

18 432352 320000 0 0 820000 342553 673575

19 432352 320000 50000 0 820000 352248 674744

20 432352 320000 50000 0 820000 311943 675907

21 432352 320000 50000 0 820000 271638 677131

22 432352 320000 50000 0 820000 231333 678324

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 LIC's Jeevan Utsav (Plan No. 771)

(Amount in rupees)
Non
Guaranteed benefits guaranteed
Policy year Annualized Guaranteed benefits
(end of premium2(C addition3 Minimum
year) umulative) Regular Special
Maturity Death guaranteed
income surrender
benefit4 benefit surrender
benefit value
value5
1 2 3 4 5 6 7 8

23 432352 320000 50000 0 820000 191059 679620

24 432352 320000 50000 0 820000 150797 680922

25 432352 320000 50000 0 820000 110492 682287

26 432352 320000 50000 0 820000 70187 683685

27 432352 320000 50000 0 820000 29882 685183

28 432352 320000 50000 0 820000 0 686689

29 432352 320000 50000 0 820000 0 688265

30 432352 320000 50000 0 820000 0 689834

31 432352 320000 50000 0 820000 0 691560

32 432352 320000 50000 0 820000 0 693289

33 432352 320000 50000 0 820000 0 695036

34 432352 320000 50000 0 820000 0 696898

35 432352 320000 50000 0 820000 0 698741

36 432352 320000 50000 0 820000 0 700657

37 432352 320000 50000 0 820000 0 702517

38 432352 320000 50000 0 820000 0 704515

39 432352 320000 50000 0 820000 0 706430

40 432352 320000 50000 0 820000 0 708456

41 432352 320000 50000 0 820000 0 710382

42 432352 320000 50000 0 820000 0 712402

43 432352 320000 50000 0 820000 0 714305

44 432352 320000 50000 0 820000 0 716203

45 432352 320000 50000 0 820000 0 718131

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 LIC's Jeevan Utsav (Plan No. 771)

(Amount in rupees)
Non
Guaranteed benefits guaranteed
Policy year Annualized Guaranteed benefits
(end of premium2(C addition3 Minimum
year) umulative) Regular Special
Maturity Death guaranteed
income surrender
benefit4 benefit surrender
benefit value
value5
1 2 3 4 5 6 7 8

46 432352 320000 50000 0 820000 0 719873

47 432352 320000 50000 0 820000 0 721633

48 432352 320000 50000 0 820000 0 723282

49 432352 320000 50000 0 820000 0 724758

50 432352 320000 50000 0 820000 0 726024

51 432352 320000 50000 0 820000 0 727100

52 432352 320000 50000 0 820000 0 727847

53 432352 320000 50000 0 820000 0 728126

54 432352 320000 50000 0 820000 0 727870

55 432352 320000 50000 0 820000 0 726848

56 432352 320000 50000 0 820000 0 726848

57 432352 320000 50000 0 820000 0 726848

58 432352 320000 50000 0 820000 0 726848

59 432352 320000 50000 0 820000 0 726848

60 432352 320000 50000 0 820000 0 726848

61 432352 320000 50000 0 820000 0 726848

62 432352 320000 50000 0 820000 0 726848

63 432352 320000 50000 0 820000 0 726848

64 432352 320000 50000 0 820000 0 726848

65 432352 320000 50000 0 820000 0 726848

66 432352 320000 50000 0 820000 0 726848

67 432352 320000 50000 0 820000 0 726848

68 432352 320000 50000 0 820000 0 726848

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 LIC's Jeevan Utsav (Plan No. 771)

(Amount in rupees)
Non
Guaranteed benefits guaranteed
Policy year Annualized Guaranteed benefits
(end of premium2(C addition3 Minimum
year) umulative) Regular Special
Maturity Death guaranteed
income surrender
benefit4 benefit surrender
benefit value
value5
1 2 3 4 5 6 7 8

69 432352 320000 50000 0 820000 0 726848

70 432352 320000 50000 0 820000 0 820000

Notes:

The main objective of the illustration is that the client is able to appreciate the features of the product and the flow of the benefit with some level of quantification. This
illustration is showing the flow of benefits up to 100 years of age of life assured. For the later years, benefit amounts as shown for last policy year in the above illustration will
be applicable
This illustration is applicable to a standard (from medical, life style and occupation point of view) life.

1. It includes rider(s) premiums in respect of all the rider(s) opted by the proposer / policyholder at inception of the policy.
2. Annualized premium excludes underwriting extra premium, frequency loadings on premiums, the premiums paid towards the riders, if any, and goods & service tax. The
annualized premium shown is cumulative and payable during premium payment term only.
3. The guaranteed additions shall accrue at the end of each policy year, throughout the premium paying term.
4. Maturity value is not available under this plan.
5. Special surrender value may however be payable, if it is more favourable to the policyholder. Special surrender value are subject to revision from time to time after prior
approval of the Regulator.

Refer sales literature for explanation of terms used in this illustration.

I, ________________________________________ (name), having received

the information with respect to the above, have understood the above statement
before entering into the contract.
Place :
Date : Signature of prospect/policyholder

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