@php //Annual Investment V7-V10 $annual_investment = $insurance_policy_annual_premium - $equivalent_insurance_term_policy_premium; //Monthly SIP Amount AU30/12 $monthly_sip_amount = $annual_investment/12; //Number of Months R9*12 $number_of_months = $policy_term*12; //Rate of Return (1+R11%)^(1/12)-1 $rate_of_return = (1+$rate_of_return_investments/100)**(1/12)-1; //Total Fund Value (Investment) (1+AU33)*AU31*(((1+AU33)^(AU32)-1)/AU33) $total_fund_value_investment = (1+$rate_of_return)*$monthly_sip_amount*(((1+$rate_of_return)**($number_of_months)-1)/$rate_of_return); //Total Fund Value (Insurance) (1+V12%)*(V7)*(((1+V12%)^(V9)-1)/V12%) $total_fund_value_insurance = (1+$rate_of_return_insurance/100)*($insurance_policy_annual_premium)*(((1+$rate_of_return_insurance/100)**($policy_term)-1)/($rate_of_return_insurance/100)); //echo $total_fund_value_insurance; die(); @endphp
 

Insurance vs. Term Cover With Annual SIP Comparison @if(isset($clientname)) For {{$clientname?$clientname:''}} @else @endif

Insurance

Annual Premium ₹ {{custome_money_format($insurance_policy_annual_premium)}}
Sum Assured / Death Benefit ₹ {{custome_money_format($sum_assured)}}
Policy Term {{$policy_term?$policy_term:0}} Years
Expected Rate Of Return {{$rate_of_return_insurance?number_format($rate_of_return_insurance, 2, '.', ''):0}} %
Expected Maturity Value ₹ {{custome_money_format($total_fund_value_insurance)}}

Term Cover + Monthly SIP

Sum Assured / Death Benefit ₹ {{custome_money_format($sum_assured)}}
Term Policy Premium ₹{{custome_money_format($equivalent_insurance_term_policy_premium)}}
Monthly SIP Amount ₹ {{custome_money_format($monthly_sip_amount)}}
Total Annual Outlay ₹ {{custome_money_format($insurance_policy_annual_premium)}}
Time Period {{$policy_term?$policy_term:0}} Years
Expected Rate Of Return {{$rate_of_return_investments?number_format($rate_of_return_investments, 2, '.', ''):0}} %
Expected Fund Value ₹{{custome_money_format($total_fund_value_investment)}}

* Mutual fund investments are subject to marker risks, read all scheme related documents carefully.
*Returns are not guaranteed. The above is for illustration purpose only. Report Date : {{date('d/m/Y')}}

@include('frontend.calculators.common.footer') @if(isset($report) && $report=='detailed')
 

Yearwise Projected Value

@for($i=1;$i<=$term_insurance_period;$i++) @php //Year End Value (1+AV66)*AT66*(((1+AV66)^(AU66*12)-1)/AV66) $year_end_value = (1+$rate_of_return2)*$monthly_sip_amount*(((1+$rate_of_return2)**($i*12)-1)/$rate_of_return2); //Risk Cover N66+V66 $risk_cover_fund_value = $term_insurance_sum_assured+$year_end_value; @endphp @if($i%25==0 && $term_insurance_period>25 && $term_insurance_period>$i)
Year Annual Investment Life Cover Year End Value
@ {{$rate_of_return?number_format($rate_of_return, 2, '.', ''):0}} %		 Risk Cover + Fund Value
(In case of Death)
{{$i}} ₹ {{custome_money_format($monthly_sip_amount*12)}} ₹ {{custome_money_format($term_insurance_sum_assured)}} ₹ {{custome_money_format($year_end_value)}} ₹ {{custome_money_format($risk_cover_fund_value)}}
@include('frontend.calculators.common.footer')
 
@endif @endfor
Year Annual Investment Life Cover Year End Value
@ {{$rate_of_return?number_format($rate_of_return, 2, '.', ''):0}} %		 Risk Cover + Fund Value
(In case of Death)

*Returns are not guaranteed. The above is for illustration purpose only. Report Date : {{date('d/m/Y')}}

@include('frontend.calculators.common.footer') @endif @include('frontend.calculators.suggested.pdf')