This plan can be customized with a combination of Guaranteed Benefit Options and Bonus Options. Here are 4 illustrations(Premiums illustrated are exclusive of GST):
Illustration 1: Rajesh, 35, wants to generate additional income. He buys Sampoorna Jeevan 75. He opts for Lump Sum Option (Guaranteed benefit Option) with Cash Bonus (Bonus Option). He pays ₹ 1,00,000 annually for 10 years.
The values depicted with assumed rate of returns @ 4% and 8% p.a. are not guaranteed and they are not the upper or lower limits of returns of what one can expect and that the returns re subject to number of factors including future investment performance.
Illustration 2: Ravi, 40, wants to generate a second income that continues post his retirement. He buys Sampoorna Jeevan 75. He opts for Income Option (Guaranteed Benefit Option) with Simple Reversionary Income Bonus and Cash Bonus (Bonus Option) and pays ₹ 1,00,000 annually for 8 years.
The values depicted with assumed rate of returns @ 4% and 8% p.a. are not guaranteed and they are not the upper or lower limits of returns of what one can expect and that the returns re subject to number of factors including future investment performance.
Illustration 3: Shalini, 35, business woman, buys Sampoorna Jeevan 100 keeping in mind her post retirement years. She opts for Lump Sum with Income Option (Guaranteed Benefit Option) and Simple Reversionary Income Bonus (Bonus option) and pays ₹ 1,00,000 annually for 6 years.
The values depicted with assumed rate of returns @ 4% and 8% p.a. are not guaranteed and they are not the upper or lower limits of returns of what one can expect and that the returns re subject to number of factors including future investment performance.
Illustration 4: Sanal, 35, a salaried man, buys Sampoorna Jeevan 75 in the name of his 3 year old son - Rishi, to secure his son's financial future. He opts for Income with Lump Sum Option (Guaranteed Benefit Option) and Simple Reversionary Bonus for Premium Payment Term and Cash Bonus thereafter (Bonus Option). He pays ₹ 1,00,000 annually for 15 Years.
The values depicted with assumed rate of returns @ 4% and 8% p.a. are not guaranteed and they are not the upper or lower limits of returns of what one can expect and that the returns re subject to number of factors including future investment performance.