Jeevan Sangam
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LIC Jeevan Sangam One Time Product Only for few Days with the following unique benefits Only One time investment. Ideal for school child Good Investment for child higher education returns are quite attractive Ten times risk cover of amount paid benefit in income tax Tax free maturity can be gifted to children and grandchildren.
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Jeevan Sangam
- 1. LICs JEEVAN SANGAM PLAN No. 831 Presentation by Nirmal Goyal & Prashant Goyal Wealth Manager 9899277522
- 2. P.P.F. INTEREST RATES 2014-15 8.70 2013-14 8.70 2012-13 8.80 2011-12 8.60 2010-11 9.50 2005-10 8.50 2001-05 9.50 1989-2001 12 %
- 3. WHAT IS A BEST INVESTMENT One time Payment Growth Better Returns Appreciation of value Security Guarantee of return of funds invested Liquidity As and when required
- 4. Age 20 yrs Age 25 yrs Age 30 yrs Total amount invested with Service Tax 183954 193417 196923 Less Risk cover charges 32028 35394 42959 Net Amount Invested 151926 158023 153964 Less 30 % I .Tax Rebate 45000 45000 45000 Net amount Invested 106926 113023 108964 Maturity value 400000 400000 400000 Loyality Addition 140000 140000 140000 Total receivable 540000 (17 %) 540000 (16 %) 540000
- 6. JEEVAN SANGAM ANOTHER POINT OF VIEW FIXED INCOME POTIONS AVAILABLE IN INDIA INVESTMENT OPTION % RETURN IN DIFFERENT TAX BRACKETS TENURE NIL TAX 10 % 20 % 30 % TILL RETIREMENT PF/EPF 8.75 8.75 8.75 8.75 15 YEARS PPF 8.70 8.70 8.70 8.70 15 YEARS PSU BANK FD 8.75 7.87 7.00 6.12 1 TO 10 YEARS SR. CITIZENS SAVING SCHEME 9 8.1 7.20 6.30 5 YEARS NSC 10 YEARS 8.80 7.89 6.99 6.08 10 YEARS LICS JEEVAN SANGAM W/O 80C & TERM INS. 10% 11% 13 % 14% 12 years
- 7. CountryCountry JapanJapan (促)(促) FranceFrance ()() Most EUMost EU ()() USAUSA ($)($) InterestInterest (-)0.5%(-)0.5% 0.0%0.0% 1.5% - 2%1.5% - 2% 3%3% If GDP grows, interest rate will come down In all developed countries, Int is 0% to 4% only
- 8. In LIC. ? InstrumentInstrument MeritMerit Jeevan SANGAMJeevan SANGAM Easy liquidityEasy liquidity Guarantee ReturnGuarantee Return Higher ReturnHigher Return No upper limit capNo upper limit cap High Risk Coverage availableHigh Risk Coverage available Tax Free ReturnTax Free Return Tax Rebate under sec 80 CTax Rebate under sec 80 C
- 9. Why LICs JEEVAN SANGAM Because it is SPECIAL S Single Premium- One time Investment P Protection Risk Cover- 10 times the Tabular Single Premium E- Excellent for meeting educational needs of young ones C Children from the age of 6 years can be covered I - Ideal for investment of planning A Attractive participates in profits as loyalty addition L Liquidity through Loan after completion of 90 DAYS
- 11. THANKS