Milind Mane - Development Officer, Life Insurance Corporation of India.

LET MONEY FLOW THROUGHOUT LIFE……….

A Dhanrekha on your palm symbolizes the flow of income, similar is this plan providing all types of advantages along with good insurance cover.
It’s a whole life plan with money back facility.
Annuity plan with risk cover of agreed sum assured during deferment period.
Commuted value of the purchase price.
Guaranteed Addition for first 5 years @ Rs 50 per thousand.
In initial period till the annuity vests, at regular interval money back is guaranteed, and thereafter regular pension is available.
This combination serves the purpose of use of money throughout the life and huge provision for the family.
On the death, provides a good insurance cover.

Here’s how it works:

Profile :	Age 35 years,
Term :	25 years,
Premium :	Rs. 37,650/- p.a.
Risk cover :	starts with Rs 5 lacs and increases to Rs 20 lacs upto age 80 years.
Returns :	Rs 50,000 every 5 years for life time, Commutation ( if opted ) approx Rs 3lacs at age 60 years, Regular pension of Rs 37800 pa for life time, No commutation would provide a regular yearly pension of Rs 50400/- for lifetime. On death the nominee gets the risk cover.