lic of india Sector 62, Noida, Uttar Pradesh

Lic's new jeevan anand plan is a participating non-linked plan which offers an attractive combination of protection and savings. This combination provides financial protection against death throughout the lifetime of the policyholder with the provision of payment of lumpsum at the end of the selected policy term in case of hisher survival. This plan also takes care of liquidity needs through its loan facility. 1. Benefits: death benefit : provided all due premiums have been paid, the following death benefit shall be paid: on death during the policy term: death benefit, defined as sum of sum assured on death and vested simple reversionary bonuses and final additional bonus, if any, shall be payable. Where, sum assured on death is defined as higher of 125% of basic sum assured or 10 times of annualised premium. This death benefit shall not be less than 105% of all the premiums paid as on date of death. The premiums mentioned above exclude service tax, extra premium and rider premiums, if any. On death of policyholder at any time after policy term: basic sum assured benefits payable at the end of policy term: basic sum assured, along with vested simple reversionary bonuses and final additional bonus, if any, shall be payable in lump sum on survival to the end of the policy term provided all due premiums have been paid. Participation in profits : the policy shall participate in profits of the corporation and shall be entitled to receive simple reversionary bonuses declared as per the experience of the corporation during policy term provided the policy is in full force. Final (additional) bonus may also be declared under the plan in the year when the policy results into death claim during the policy term or due for the survival benefit payment provided the policy is in full force and has run for certain minimum term.

LIC's Jeevan Lakshya is a participating non-linked plan which offers a combination of protection and savings. This plan provides for Annual Income benefit that may help to fulfill the needs of the family, primarily for the benefit of children, in case of unfortunate death of Policyholder any time before maturity and a lump sum amount at the time of maturity irrespective of survival of the Policyholder. This plan also takes care of liquidity needs through its loan facility. Benefits: Death Benefit: On death of the Life Assured before the stipulated Date of Maturity provided the policy is in full force by paying upto-date premiums, Death Benefit, defined as sum of “Sum Assured on Death”, vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable. Where “Sum Assured on Death” is defined as the sum of: Annual Income Benefit equal to 10% of the Basic Sum Assured, which shall be payable from the policy anniversary coinciding with or following the date of death of Life Assured, till the policy anniversary prior to the date of maturity. Assured Absolute Amount equal to 110% of Basic Sum Assured, which shall be payable on due date of maturity; and The vested Simple Reversionary Bonuses and Final Additional Bonus, if any, included in the Death Benefit, shall be payable on due date of maturity. The Death Benefit defined above shall not be less than 105% of all the premiums paid as on date of death. Premiums referred above exclude tax, extra premium and rider premium(s), if any. Maturity Benefit: “Sum Assured on Maturity” equal to Basic Sum Assured, along with vested Simple Reversionary bonuses and Final Additional bonus, if any, shall be payable in lump sum on survival to the end of the policy term provided all due premiums have been paid.

LIC's New Money Back Plan-20 years is a participating non-linked plan which offers an attractive combination of protection against death throughout the term of the plan along with the periodic payment on survival at specified durations during the term. This unique combination provides financial support for the family of the deceased policyholder any time before maturity and lump sum amount at the time of maturity for the surviving policyholders. This plan also takes care of liquidity needs through its loan facility. Benefits: Death benefit: On death during the policy term provided the policy is in full force, death benefit, defined as sum of “Sum Assured on Death” and vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable. Where, “Sum Assured on Death” is defined as higher of 125% of the Basic Sum Assured or 10 times of annualized premium. This death benefit shall not be less than 105% of the total premiums paid as on date of death. The premiums mentioned above exclude tax, extra premium and rider premium, if any. Survival Benefits: In case of Life Assured surviving to the end of the specified durations 20% of the Basic Sum Assured at the end of each of 5th, 10th & 15th policy year. Maturity Benefit: In case of Life Assured surviving the stipulated date of maturity, 40% of the Basic Sum Assured along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable. Participation in Profits: The policy shall participate in profits of the Corporation and shall be entitled to receive Simple Reversionary Bonuses declared as per the experience of the Corporation, provided the policy is in full force. Final Additional Bonus may also be declared under the policy in the year when the policy results into a claim either by death or maturity, provided the policy has run for certain minimum term.

LIC jeevan tarun is a participating non-linked limited premium payment plan which offers an attractive combination of protection and saving features for children. This plan is specially designed to meet the educational and other needs of growing children through annual survival benefit payments from ages 20 to 24 years and maturity benefit at the age of 25 years. It is a flexible plan wherein at proposal stage the proposer can choose the proportion of survival benefits to be availed during the term of the policy as per the following four options: option survival benefit maturity benefit option 1 no survival benefit 100% of sum assured option 2 5% of sum assured every year for 5 years 75% of sum assured option 3 10% of sum assured every year for 5 years 50% of sum assured option 4 15% of sum assured every year for 5 years 25% of sum assured where, survival benefit is the annual payment of a fixed percentage of sum assured (as defined in the table above) every year starting from policy anniversary coinciding with or following the completion of 20 years of age and thereafter on each of the next 4 policy anniversaries and maturity benefit is a fixed percentage of sum assured (as defined in the table above) along with vested simple reversionary bonuses and final additional bonus, if any, on maturity. the chosen option shall become a part of the policy contract and no further change in option shall be allowed. in addition, this plan also takes care of liquidity needs through its loan facility. the plan can be purchased by any of the parent or grand parent for a child aged 0 to 12 years.

LIC Anmol Jeevan - II is a protection plan which provides financial protection to the insured’s family in case of hisher unfortunate demise. Benefits: Death Benefit: In case of unfortunate death of the Life Assured during the policy term Sum Assured shall be payable. Maturity Benefit: On survival to the end of the policy term, nothing shall be payable.

LIC amulya jeevan - ii is a protection plan which provides financial protection to the insured's family in case of hisher unfortunate demise. benefits: death benefit: in case of unfortunate death of the life assured during the policy term sum assured shall be payable. maturity benefit: on survival to the end of the policy term, nothing shall be payable.

We are providing LIC's SINGLE PREMIUM ENDOWMENT PLAN (UIN: 512N283V01) LIC's Single Premium Endowment Plan is a participating non-linked savings cum protection plan, where premium is paid in lump sum at the outset of the policy. This combination provides financial protection against death during the policy term with the provision of payment of lumpsum at the end of the selected policy term in case of hisher survival. This plan also takes care of liquidity needs through its loan facility.

Lic's jeevan shikhar (uin:512n305v01) policy document lic's jeevan shikhar is a participating, non-linked, saving cum protection single premium plan wherein the risk cover is ten times of tabular single premium. the proposer will have an option to choose the maturity sum assured. The premium payable shall depend on the chosen amount of maturity sum assured and age at entry of the life assured. this plan also takes care of liquidity need through its loan facility. the plan will be open for sale for a maximum period of 120 days from the date of launch. 1. Benefits : a) death benefit: on death during first five policy years: before the date of commencement of risk : refund of single premium without interest. single premium mentioned above shall not include any extra amount if charged under the policy due to underwriting decision and taxes. after the date of commencement of risk : "sum assured on death" equal to 10 times the tabular single premium shall be payable. on death after completion of five policy years but before the stipulated date of maturity: "sum assured on death "equal to 10 times the tabular single premium along with loyalty addition, if any, shall be payable. b) maturity benefit: on maturity, the maturity sum assured along with loyalty addition, if any, shall be payable. c) loyalty addition: depending upon the corporation's experience, the policy shall participate in the profits in the form of loyalty addition. The loyalty addition, if any, shall be payable on death or surrender, provided the policy has run for atleast five policy years, or on policyholder surviving to the maturity, at such rate and on such terms as may be declared by the corporation.