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Points to Ponder. Evolution and Economics of Matchmaking

January 2, 2019
Posted by: Arunanjali Securities
Category: Business

As we cross the threshold of 2019 young boys and girls would be looking, among other things, for a lasting, unique relationship with that special someone, with whom they could spend a life time. But Cupid over the years has evolved, if only to keep pace with the changing times. From an assortment of family...

Ms. Arunanjali / Deca

Arunanjali Securities,Poonam Anand Niketan,Gr. Floor, 8th cross, Gandhinagar,Mannagudda,Mangalore. 575003

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arunanjali@yahoo.com

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LIC Jeevan Akshay (189) Pension Calculator

Purchase Price = Rs. 25,00,000 + 1.8% GST = Rs. 25,45,000

Annuity Option = Annuity for Life

Pension depending on the Mode of Annuity
Yearly	Half Yearly	Quarterly	Monthly
Rs. 2,30,550	1,12,375	55,494	18,361

This will be paid to you for the rest of your life.

These are approx rates. Please check for exact annuity amount with LIC before purchase.

LIC Amulya Jeevan (823) Calculation


Sum Assured	1,00,00,000	Age	30
Policy Term	25

Premium
Mode	Premium	GST ( @18 % )	Total Premium
Yearly	19,600	3,528	23,128

Maturity And Death Benefits
Natural/Accident Death Benefit	1,00,00,000
Maturity Benefit	0

LIC New Jeevan Anand (815) Calculation


Sum Assured	1,00,00,000	Age	32
Policy Term	30

First Year Premium
Mode	Premium	GST ( @4.5 % )	Total Premium
Yearly	3,60,730	16,233	3,76,963

Second Year Onward Premium
Mode	Premium	GST ( @2.25 % )	Total Premium
Yearly	3,60,730	8,116	3,68,846

Benefits Details
Total Premium Paid (Approx)	1,10,73,509
Minimum Risk Cover	1,25,00,000
Maximum Risk Cover (Approx)	4,58,10,000
Matruity (Approx)	3,57,00,000
Post Matruity Risk Cover	1,00,00,000

Maturity Break-up
Sum Assured (A)	1,00,00,000
Accumulated Bonus (Approx) (B)	1,47,00,000
Final Addition Bonus (FAB) (Approx) (C)	1,10,00,000
Matruity (Approx) (A+B+C)	3,57,00,000

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