Single Premium Endowment – 717 (Plan 717) •

 ✨ *Plan Summary* ✨
Single Premium Endowment – 717 (Plan 717) • Basic
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Mr. sangam Singh • Age 45
Life • Term 20 • PPT 1 • SA 5,00,000
💰 *Premium Details*
• Single Premium: ₹2,84,800
Benefits:
• Sum Assured: ₹5,00,000
• Bonus* (22,000 × 20): ₹4,40,000
• Final Addition Bonus*
(70 per 1000 SA): ₹35,000
• Expected Maturity Amount after 20 years.: ₹9,75,000
• Total benefit if settlement opted: ₹10,65,775
• Life Cover Range: ₹10,22,000 – ₹14,75,000
• Total Premium Paid: ₹2,84,800
📌 *Key Highlights*
• The policy term is 20 years, and the life cover range is ₹10,22,000 – ₹14,75,000.
• The maturity amount payable at the end of 20 years is ₹9,75,000.
• Income Tax: Premium: Sec 80C deduction Maturity: Tax free u/s 10(10D) Subject to applicable conditions and prevailing income-tax laws.
• Death Benefit: ₹5,00,000 + Accumulated Bonus + FAB, if any.
👤 *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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