Amrit Baal -774 (plan 774)

 ✨ *Plan Summary* ✨
Amrit Baal – 774 (Plan 774) • Basic
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Mr. Santosh Sharma • Age 2
Life • Term 16 • PPT 5 • SA 5,00,000
💰 *Premium Details*
• Yearly: ₹1,11,200
• Half-Yearly: ₹56,621
• Quarterly: ₹28,572
• Monthly: ₹9,581
Benefits:
• Sum Assured: ₹5,00,000
• Guaranteed Additions* (40,000 × 16): ₹6,40,000
• Guaranteed Maturity Amount after 16 years.: ₹11,40,000
• Total benefit if settlement opted: ₹12,46,135
• Life Cover Range: ₹1,16,760 – ₹11,40,000
• Total Premium Paid: ₹5,56,000
📌 *Key Highlights*
• Mr. Santosh Sharma is investing a yearly premium of ₹1,11,200 for 5 years in this guaranteed-savings plan.
• The policy term is 16 years, and the life cover range is ₹1,16,760 – ₹11,40,000.
• The maturity amount payable at the end of 16 years is ₹11,40,000.
• Income Tax: Premium: Sec 80C deduction Maturity: Tax free u/s 10(10D) Subject to applicable conditions and prevailing income-tax laws.
👤 *Plan presented by*
sabita Nayak • Lic agent
Mobile: 7655889434
Email: sabitanayak165@gmail.com
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⚠️ _Note:_ This is a benefit illustration for reference only. Actual benefits depend on LIC rules and policy terms.

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