Single Premium Endowment – 717 (Plan 717)

 ✨ *Plan Summary* ✨
Single Premium Endowment – 717 (Plan 717) • Basic
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Mr. Kavire singh • Age 45
Life • Term 10 • PPT 1 • SA 5,00,000
💰 *Premium Details*
• Single Premium: ₹3,75,975
Benefits:
• Sum Assured: ₹5,00,000
• Bonus* (19,500 × 10): ₹1,95,000
• Expected Maturity Amount after 10 years.: ₹6,95,000
• Total benefit if settlement opted: ₹7,59,705
• Life Cover Range: ₹10,19,500 – ₹11,95,000
• Total Premium Paid: ₹3,75,975
📌 *Key Highlights*
• The policy term is 10 years, and the life cover range is ₹10,19,500 – ₹11,95,000.
• The maturity amount payable at the end of 10 years is ₹6,95,000.
• 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: 765588434
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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