Alliance Insurance - QUANTUM FOUR PLAN

QUANTUM FOUR PLAN - Example

We have worked out a typical example below to help you understand how the Quantum Four plan works. We can specifically design a plan for you.

Take Anil Pandey who is 35 years old. He needs US $ 30,000/- for plot of land he intends to build his house on later in life. Anil has one daughter Ramila who will be 18 years old in ten years time and

Anil wants her to go to a university for higher education. This will cost about US $ 30,000 for a three year full time course. Anil thinks that Ramila will probably marry a couple of years after graduating and that to have a good wedding, it will cost about US$ 40,000. After Anil has done with land purchase and taken care of Ramila's education and wedding needs he will have to think about building himself a house. This will cost around US$ 100,000. anil thinks that 5 years after Ramila's wedding , he should start thinking about building his home because by that time he will be 55 years old and will need to start seriously thinking about resettling in Kerala, where he hails from.

Naturally, Anil will welcome any additional money that he can lay his hands on but the figures given are the minimum. Well Anil need not worry about any of his dreams. All he has to do is invest in Quantum Four plan over a term of 20 years. The plan will not only pay the US$ 30,000 for the plot of land after 5 years, the US$ 30,000 for the university fees, the US$ 40,000 for the wedding and the US$ 100,000 for the house building costs, it will pay fantastic US$120,000 as a bonus to do whatever he wishes to do. May be retire a little early and spend more time back in his lovely Kerala. Oh onething we almost forgot to mention - the Quantum four plan will pay out the full US$ 200,000 to Anil's family should the unthinkable happen to him. So when this plan is in force, all the good dreams Anil has will come true.

 

 

 

Insured Age: 35 years   
Term: 20 Years         
Sum Assured: US$200,000      
Premium:US$11,696 p.a.

S.No After Years Attained Age Amount (US$) Objectives to Realize
1. 5 40 30,000 To purchase a plot back home
2. 10 45 30,000 To pay university fees
3. 15 50 40,000 To meet marriage expenses
4. 20 55 100,000 plus To build a dream house
Bonus @30 per mille 120,000

Click for Quantum Four Plan Details
Click for Quantum Four Education Plan for Child example