New Endowment -714

 ✨ *Plan Summary* ✨
New Endowment – 714 (Plan 714) • Basic
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Smt. Radha rani Shrivastava • Age 42
Life • Term 15 • PPT 15 • SA 5,00,000
💰 *Premium Details*
• Yearly: ₹36,637
• Half-Yearly: ₹18,509
• Quarterly: ₹9,350
• Monthly: ₹3,117
Benefits:
• Sum Assured: ₹5,00,000
• Bonus* (18,000 × 15): ₹2,70,000
• Final Addition Bonus*
(20 per 1000 SA): ₹10,000
• Expected Maturity Amount after 15 years.: ₹7,80,000
• Total benefit if settlement opted: ₹8,52,620
• Life Cover Range: ₹10,18,000 – ₹12,80,000
• Total Premium Paid: ₹5,49,555
📌 *Key Highlights*
• Smt. Radha rani Shrivastava is investing a yearly premium of ₹36,637 for 15 years in this guaranteed-savings plan.
• The policy term is 15 years, and the life cover range is ₹10,18,000 – ₹12,80,000.
• The maturity amount payable at the end of 15 years is ₹7,80,000.
• 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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