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Prepared by: Harish Desai, Dev. officer, Br 888, Mumbai-II

PragatiHand book for

AGENTS

Of

Life Insurance Corporation of India

Presented ToThe agents of his unit for strictly imparting training on various aspects of LIC plans & servicing rules etc.by:

Harishkumar R. DesaiDevelopment officer, Branch 888, Mumbai-III.A-2/703, Gangotri Sadan,Bangur Nagar, Link Road,Goregaon (West) Mumbai- 400 104.

Tel: (R) 022- 2871 3590 (O) 26862204 & 26863017Mobile No: 09869261193

E mail: [email protected]

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Prepared by: Harishkumar R Desai. Development Officer, Branch 888: Strictly for private circulation and only for the training purpose for his unitagents. For detailed version please refer to circular issued by the Corporation.

Table No. 14: Endowment Assurance Plan :( With Profit)

This is a fixed term policy. The premium has to be paid till the end of the term, or till the death of the policyholderwhichever is earlier. In case the policyholder dies before the end of the term, the sum assured plus the accumulatedbonus is paid to the nominee. On survival till end of term, the policyholder he gets sum assured plus bonus.

BENEFITS:

1) Maturity Benefit:

Full Sum Assured + Bonus + F.A.B. (If any)

E.g. if S.A. is Rs. 1, 00,000/- Maturity Value = Rs. 1, 00,000/- + Bonus

2)Death Benefit: (any time before maturity)

a) Natural Death:

Full Sum Assured + Bonus i.e. Rs. 1, 00,000/- + Bonus

b) Accidental Death:

Double Sum Assured + Bonus i.e. Rs. 2, 00,000/- + Bonus

FEATURES:

Minimum Age at Entry - 12 years nearer birthday.Maximum Age at Entry - 65 yearsMaximum Maturity Age - 75 yearsMinimum term- 5 yearMaximum term- 55 yearsMinimum S.A. - Rs. 50,000/-Maximum S.A. - No Limit (Depending upon Income)Modes Allowed - Yearly, Half Yearly, Quarterly, ECS, Monthly & SSSRider: D.A.B. ,Term & CI AllowedMaximum D.A.B.: - 50 lakhs.Age Proof: - Std. or non-std. proof allowed.Policy Loan AvailableFemale Category I, II & III Allowed.Non-medical scheme. N.M.G. & N.M.S. allowed.

***

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TABLE NO. 133: JEEVAN MITRA triple cover: (With Profit)

This plan provides very high-risk cover element. Jeevan Mitra is Triple Cover Endowment with Profits plan. Besides the benefits ofEndowment Assurance Policy, this plan provides additional insurance cover twice the sum assured in event of death during the termof the policy so that the total insurance cover in the event of death is thrice the basic sum assured.

BENEFITS:




2) Death Benefit:

a) Natural Death:

3 Sum Assured + Bonus + F.A.B. (If any) i.e. Rs. 3, 00,000/- + Bonus


4 Sum Assured + Bonus + F.A.B. I.e. Rs. 4, 00,000/- + Bonus

FEATURES:

Minimum Age at Entry - 18 years CompletedMaximum Age at Entry - 50 yearsMaximum Maturity Age - 70 yearsMinimum Term 15 yearsMaximum Term 30 yearsMinimum S.A. - Rs. 50,000/-

Maximum S.A. - 1 crore.Modes Allowed - Yearly, Half Yearly, Quarterly, Monthly, ECS, & SSSRider: D.A.B. & CI AllowedPolicy Loan AvailableAge Proof: - Standard proof requiredNon-medical scheme: N.M.S. & NM (Prof.) Allowed up to Rs.500, 000 S.A.Female Only category I & II eligible

***

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TABLE NO. 89: JEEVAN SAATHI: (With Profit)

This is a unique joint life policy designed for married couple. This plan provides for risk cover on life of both husband & wife in onesingle policy. In the event of death of any one partner, the surviving partner gets Sum Assured immediately and the premiumpayment stops thereafter and the surviving partner will get one more Sum Assured on maturity date.

BENEFITS:


Full Sum Assured + Bonus + F.A.B. (If any)E.g. if S.A. is Rs. 1, 00,000/- Maturity Value = Rs. 1, 00,000/- + Bonus

2)Death Benefit:

a) Natural Death:On death of any one of the two livesI) Full Sum Assured payable immediately on death.ii) No need to pay further premiums &iii) Again on maturity Full S.A. + Bonus to survivor


On death of any one of the two lives:i) Double Sum Assuredii) No need to pay further premiums &iii) Again on maturity Full S.A. + Bonus to survivor

If both the persons die together in accident: (In one policy anniversary)4 Sum Assured + Bonus to legal heir

FEATURES:

Minimum Age at Entry - 20 mean ages in yearsMaximum Age at Entry - 50 mean ages in yearsMaximum Maturity Age - 70 years.Terms Allowed - 15 to 30 yearsMinimum S.A. - Rs. 50,000/-Maximum S.A. - No Limit (Depending upon Income)Modes Allowed - Yearly, Half Yearly, Quarterly, Monthly, ECS, & SSSPolicy Loan AvailableRider: D.A.B. AllowedAge Proof: - Standard & NSAP-I requiredNon-medical scheme: N.M.S. & NM (Prof.) Allowed.

Female Only category I, II & III eligibleS.A. up to Rs. 200,000/- can be given even if Wife is category-III lady. (Housewife) ORup to 15 lakhs for educated lady sub. to conditions.

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Table No 197- JEEVAN SAATHI PLUS UIN 512L255V01

This is a unit linked Joint Life plan wherein a couple can take insurance cover on their lives under a single policy. Principal LifeAssured(P.L.A.) and the other life (wife/husband) shall be called Spouse Life Assured(S.L.A.).The P.L.A. can choose the level oflife cover for the self as well as for the spouse within the limits.

MATURITY BENEFIT: P.L.A and/or S.L.A. will be paid an amount equal to the Policyholders Fund Value at end of term.

FUND TYPES: 1. Bond Fund 2. Secured Fund 3.Balanced Fund 4.Growth Fund

DEATH BENEFITS:

1. On the death of P.L.A. while S.L.A. is alive (in force Policy)a. S A payable to SLA, + Future Premiums waived + Outstanding premiums added in unit account.

b. SLA to get NAV on maturity or nominee if SLA dies before

2. Death of PLA after death of SLA: Nominee gets S A + NAV + Total of outstanding premiums.

3. Death of SLA & PLA alive: S A payable to PLA & policy to continue.

4. Death of SLA after death of PLA: S A + NAV as on date of death to nominee.

5. Simultaneous death of PLA & SLA.: Both lives S A + NAV + Total of outstanding premiums paid tonominee.

Option to transfer the Death Benefit sum assured to the Policyholders Fund : In case of the death of either the P.L.A. oS.L.A., the surviving life can transfer the same to the Policyholders Fund.

Option to continue the cover after the revival period: If at least three years premiums have been paid under the policy, theP.L.A. may opt for continuation of cover even beyond the revival period without reviving the policy and paying any furthe

premiums.

FEATURES:A. Mini. Sum Assured: 5 times of regular & 1.25 times single Prem. for each of P. Life Assured & Spouse Life assured.B. Maxi. Sum Assured: (Inclusive of both Principal Life Assured and Spouse Life assured)

a. 30 times for regular & 5 times for Single Premium if age at entry for both the lives is up to 40 yearsb. 20 times for regular & 2.5 times for single Premium if age at entry for any one of the lives is 41 years and above

C. Minimum Premium: Regular Premium. Rs. 10,000 p.a. & in multiples of Rs. 1,000.,Rs. 1,000 p.m. for monthly (ECS) mode, in multiples of Rs. 250.

Single Premium: Rs. 40,000 & in multiples of Rs. 1,000.D. Maximum Premium: No LimitE. Mode: yearly, half yearly, quarterly or monthly (ECS)F. Premium paying term: Single premium or same as policy termG. Minimum Age at entry: 18 years last birthdayH. Maximum Age at entry: 55 years nearest birthday

I. Maximum Maturity Age: 70 years nearest birthdayJ. Policy Term: 10 to 20 yearsK. Non Medical: NMG (professional) & NM Sp. Only allowed. (NMG Others Not allowed.)L. Female: Categories I and II allowed but cat. III allowed only as spouse L AM. Actual Sum Assured: S A of PLA + total premiums payable for term minus 1

styear premium. &

S A of S L A . (Sp.report as per S U C separately for PLA and SLA. As per existing rule)N. Age Proof: Standard and N.A.S.P.-I allowed ( NSAP II & III not allowed )O. Top-up: Allowed in multiples of Rs.1,000/-P. Partial withdrawals & Surrender: Allowed.Q. Loan & Backdating: Not allowed.R. Riders: Double Acc. Benefit , Critical & Term riders not allowed.S. Revivals: Allowed within 2 years of FUP.T. Settlement Option: AllowedU. Charges : Life cover, Premium waiver, premium allocation charge, policy admin. Charge, FMC

switching charge, misc. charge, service tax to be deducted by cancelling prop. Units.

V. Decrease in Benefits: No increase in benefits allowed. The P.L.A. can decrease the risk covers for the selfspouse or for both once in a year during the Policy term.

W. Compulsory surrender the balance Fund Value falls below a minimum balance of one annualized premium ORpolicy is not revived & P.L.A. not opted for continuing the cover after the revival period. ORpolicy is not revived, then the policy shall be terminated after three years from DOC of thepolicy or on expiry of revival period OR In case premiums are paid for less than three yearsif the balance NAV at any time is not sufficient to recover the relevant charges.

X. Allocation Rate:

Allocation charge (Regular Premium)Premium Band(per annum) 1st yr 2nd & 3rd year thereafter

Premium Band(Single)

llocation chargeSingle Prem.

10,000 to 1,50,000 29.00% 5.00% 2.50%

1,50,001 to 2,50,000 28.00% 5.00% 2.50%Up to 15,00,000 4.25%

2,50,001 and above 27.50% 5.00% 2.50% Above 15,00,001 4.00%

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TABLE NO. 103: JEEVAN CHHAYA:(With Profit)Short term needs like family provision & long term needs like education & marriage of dependents are simultaneously fulfilled by thispolicy. This is a combination of money and Jeevan Mitra policy. In the event of death of the policyholder, the nominee gets SumAssured immediately and the premium payment stops thereafter and the nominee will get Sum Assured in four installments as pethe maturity provision.

BENEFITS:1) Maturity Benefit:Assume that Maturity year is n'. Then the Maturity Value will be paid during last 4 years as under

At the end of (n-3) year = 25% of S.A.

" (N-2) year = 25% of S.A." (N-1) year = 25% of S.A." N year = 25% of S.A. + Bonus

This means, if Policy term is 20 years and for 100, 00 S.A.

N-3 i.e. 20-3 = 17th year = 25% of S.A. i.e. Rs. 25,000/-N-2 i.e. 20-2 = 18th year =25%of S.A. i.e. Rs. 25,000/-N-1 i.e. 20-1 = 19th year = 25% of S.A. i.e. Rs. 25,000/-N i.e. 20th year = 25% + Bonus + F.A.B. (If any)

2) Death Benefit:

a) Natural Death:

i) Full Sum Assured paid immediately.ii) No need to pay further premiums &iii) Maturity Benefits as above are given to nominee.


i) Double Sum Assured immediately.ii) No need to pay further premiums &iii) Maturity Benefits as above are given to nominee.

FEATURES:

Minimum Age at Entry - 18 years CompletedMaximum Age at Entry - 45 years (Nearer Birth day)Maximum Maturity Age - 65 yearsTerms Allowed 18, 19, 20, 21,22,23,24 & 25Minimum S.A. - Rs. 50,000/-Maximum S.A. - No LimitModes Allowed - Yearly, Half Yearly, Quarterly, Monthly, ECS, & SSS.Rider: D.A.B. AllowedPolicy Loan Available

Age Proof: - All types allowed.Non-medical scheme: N.M.G, N.M.S. & NM (Prof.) Allowed.Female: - Only category I & II eligible.

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TABLE NO. 168: JEEVAN ANURAG (With Profit)

BENEFITS:


Assume that Maturity year is `n'. Then the Maturity Value will be paid during last 4 yearsas under:

At the end of (n-3) year = 20% of S.A." (n-2) year = 20% of S.A." (n-1) year = 20% of S.A.

" N year = 40% of S.A. + Bonus

2) Death Benefit:a) Natural Death:

i) Full Sum Assured paid immediately.ii) No need to pay further premiums &iii) Maturity Benefits as above paid to nominee.

b) Accidental Death:. i) Double Sum Assured immediately.ii) No need to pay further premiums &iii) Maturity Benefits as above are given to nominee

FEATURES:Mini. Age at Entry - 20 years CompletedMaxi. Age at Entry - 60 years (Nearer Birthday)Maxi. Maturity Age - 70 yearsTerms Allowed 10 TO 25 Years for Regular Mode and 5 to 25 for single mode.

Minimum S.A. - Rs. 50,000/-Maximum S.A. - No LimitPolicy Loan: - Available.

Modes Allowed - Yly, Hly, Qly, , Monthly , ECS,SSS & SingleFemale: Category I, II & III eligible.Age Proof: All types allowed.

Non-medical scheme: NMG, N.M.S. & NM (Prof.) Allowed.

Rider:

1) Accident Benefit 2) Term Rider 3) Critical Illness & 4) Premium Waiver.

PPT choice: 1) Equal to policy term2) Policy term- 3 years. &3) Single Premium

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Table No. 91- New Jan Raksha with Profit: -This plan is most suitable for persons with irregular income like small businessmen etc. This is an endowment type policy. If aleast 2 years premiums have been paid, full death cover will continue for a period of 3 years from F.U.P. Atany time during these 3 years, the policyholder can revive the policy (without D.G.H. / MEDICAL) just bypaying the arrears of the premium with late fees. (Even for 1 year out of three). The premium rates areinclusive of D.A.B.

BENEFITS:


Full Sum Assured + Bonus


2) Death Benefit:

a) Natural Death:



2 Sum Assured + Bonus i.e. Rs. 2, 00,000/- + Bonus

FEATURES:

Minimum Age at Entry - 18 years CompletedMaximum Age at Entry - 50 yearsMinimum Term 12 years.Maximum Term: 30 years.

Maximum Maturity Age - 70 yearsMinimum S.A. - Rs. 30,000/-Maximum S.A. 10 lacModes Allowed - Yearly, Half Yearly, Quarterly, Monthly, ECS, & SSSRider: D.A.B., Term & CI AllowedPolicy Loan AvailableAge Proof: - All types allowed.Non-medical scheme: NMG, N.M.S. & NM (Prof.) Allowed.Female Category I & II, III (With income) eligible

***

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TABLE NO: 149 JEEVAN ANAND (WITH PROFIT): This is a With Profit Assurance Plan and is a combination ofthe Endowment Assurance Plan and the Whole Life Plan. The plan provides payment of full Sum Assured and Bonuses at the end ofthe selected premium paying term. However, the risk cover equal to original Sum Assured on the life continues till death and suchaddition Sum Assured is payable to nominee, without payment of premiums.

BENEFITS:

1) Maturity Benefit: (Survival Benefit)

Full Sum Assured + Bonus + Final Additional Bonus at the end of selected premium paying

term.

E.g. if S.A. is Rs. 1, 00,000/-Maturity Value = Rs. 1, 00, 000/- + Bonus+ F.A.B.

Premium Stops after Survival Benefit. However additional Risk Cover equal to Original SumAssured which is payable only on death.

2) Death Benefit:

Natural DeathDURING PPT AFTERPPTFull S.A. + Bonus+ F.A.B.i.e. Rs. 1, 00,000/- + Bonus + F.A.B. (if applicable)

Full Sum Assuredi.e. Rs. 1, 00,000/-

Accidental Death: (up to age 70)

2 S.A. + Bonus+ F.A.B.I.e. Rs. 2, 00,000/- + Bonus + F.A.B.(If applicable)

2 Sum Assuredi.e. Rs. 2, 00,000/-

FEATURES:

Minimum Age at Entry - 18 years CompletedMaximum Age at Entry - 65 years (nbd)Minimum S.A. - Rs. 100,000/-Maximum S.A. - No Limit (Depending upon Income)Premium paying term: 5 years to 57 years.Modes Allowed - Yearly, Half Yearly, Quarterly, ECS, & SSSRider: CI AllowedAge Proof Standard or non-standard proof allowed.Female Category I, II & III Allowed.

Non-medical scheme: NMG, N.M.S. & NM (Prof.) Allowed.Surrender Allowed at any time till death.Policy Loan: Anytime available before or after payment of S B.

D.A.B.: ADDITIONAL 5 LACSWITH INBUILT PREMIUM FOR THE SAME.

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Table No. 165: Jeevan Saral (With Profit)

This plan is combination of conventional plan and unit linked plan.

1. Maturity Benefits:

a. Maturity Sum Assured.b. The loyalty addition, if any.

2. Death benefits:

a. 250 times of monthly premium.b. Plus return of Premiums less 1st year premium paid and extra premium, if any.c. Plus loyalty additions, if any. Will be paid to nominee.

3. Optional riders:

a. Accident and disability benefit.b. Term rider.

Features:

1. Death cover will be same irrespective of age at entry and policy term.2. Sum assured at maturity will differ for different entry age and terms.3. Loyalty addition will be declared for a policy with minimum term of 10 years.4. Premium holiday of 12 months available after the policy has been in force for 3 years.5. The policy can be surrendered (Including L.A.) any time without any penalty or loss.6. Partial surrender allowed from 4th year onwards.

Eligibility:

Minimum age at entry: 12 years completedMaximum age at entry: 60 year (n.b.d.)Maximum age at maturity: 70 years.

Term allowed: 10 to 35 years.Minimum Premium: Rs.250/- p.m. for age up to 49 years.

Rs.400/- p.m. for age above 50 years.Premium shall be in multiples of Rs.50/- p.m.

Maximum Premium: No limitModes allowed: Yearly, Half yearly, Quarterly, monthly, ECS and S.S.S.

Loan: Allowed.For Term rider & D.A.B.: Entry age is 18 years and maxi. 50 years.

Non-medical scheme: NMG, N.M.S. & NM (Prof.) Allowed.Sum Assured (for medical & Risk Cover): 250 Times monthly premium.

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TABLE NO. 75: 20 YEARS MONEY BACK POLICY: (With Profit)TABLE NO. 93: 25 YEARS MONEY BACK POLICY (With Profit)This is Money back Plan for those who, besides desiring to provide for their own old age and family protection, feel the need forlump sum benefits at periodical intervals. The risk cover will be for full sum assured till maturity. Bonus will be calculated and paid onmaturity for full Sum assured.

BENEFITS:

1. Survival Benefits: (% of Sum Assured)

Table No & policy Term inyears.

Survival atend of

75-20 93-255 20% 15%10 20% 15%15 20% 15%20 40% 15%25 40%


On Maturity =balance 40% Sum Assured + Bonus + F.A.B. (If any)

3. Death Benefit:a) Natural Death:

Full Sum Assured + Bonus

b) Accidental Death:2 Sum Assured + BonusSurvival Benefit paid by LIC to Policy Holder is ignored while settling the Death Claim.

FEATURES:

Minimum Age at Entry - 13 years (Completed)Maximum Age at Entry- 50 yrs for T.75 & 45yrs for T.93Minimum S.A. - Rs. 40,000/-Maximum S.A. - No Limit.Modes Allowed - Yearly, Half Yearly, Quarterly, Monthly, ECS, & SSSTerm Rider: AllowedPolicy Loan: - AvailableRider: D.A.B., Term & CI AllowedAge Proof: - Standard & non-std proof accepted.Non-medical scheme: - N.M.G. & N.M.S. allowed.Female: - Only category I, II& III eligible.

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TABLE NO. 106, 107, 108 - JEEVAN SURABHI: (With Profit)

This is a unique money back plan where Policy, S.B. & Premium Paying Term is different with inbuilt increase of risk cover. This isplan provides for automatic increase in life risk cover at a regular interval five years till maturity and is available without anyformalities or paying extra premium.

PLAN => 106 107 108Term 15 20 25

Premium Paying Term 12 15 18

BENEFITS:

1. Survival Benefits:

At the end of106

15(12)107

20(15)108

25(18)4 years 30% 25% 20%

8 " 30% 25% 20%

12 " 40% 25% 20%15 " - 25% 20%18 " - - 20%

2. Maturity Benefit: Bonus for full term on Full Sum Assured + F.A.B. (if any)

3. Death Benefit:

a) Natural Death: b) Accidental Death:

Basic S.A. Double S.A.

Plus Additional Risk Cover as shown below + Bonus in both cases.Benefit will not be applicable after the Premium paying term. Survival Benefit paid by LIC to Policy Holder is ignored while settling the DeathClaim.

Chart Showing Additional Risk Cover over & above Original Sum Assured in case of Natural Death.

Duration Term (Years)15 20 25

First 5 years - - -6th to 10th year 50% 50% 50%11th to 15th year 100% 100% 100%15th to 20th year - 150% 150%21st to 25th year - - 200%

FEATURES:

Minimum Age at Entry - 14 yearsMaximum Maturity Age - 70 yearsMinimum S.A. - Rs. 40,000/-Maximum S.A. - No Limit (Depending upon Income)

Modes Allowed - Yearly, Half Yearly, Quarterly, ECS, & SSSPolicy Loan: AvailableAge Proof: - Std. & NSAP-I only Allowed.

Rider: D.A.B. AllowedFemale: - Category I, II & for cat.III up to 5 lakh. Allowed.

Non-medical scheme: NMG, N.M.S. & NM (Prof.) Allowed.

*******

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Table No: 179 New Bima Gold (With Profit)


At the end of Term 12 Term 16 Term 20

4 years 15% of S.A. 15% of S.A. 10% of S.A.8 " 15% of S.A 15% of S.A 10% of S.A12 " - 15% of S.A 10% of S.A

16 " - - 10% of S.A

2. Maturity Benefit:

Total Premiums paid + Loyalty addition (one time) payable on maturity only

Minus(Less) S.B. due amount paid earlier & extra/ rider premium, if any.

3. Death Benefit:

(During Premium Paying Term) (During Extended Term)

a) Natural Death: Basic S.A. a) Natural Death: 50%ofBasic S.A.b) Accidental: Double S.A. b) Accidental: 50%ofBasic S.A.

4. Extended Term

The Ext. term will be half of the policy term which will start immediately on expiry of the policy term.

(Survival Benefit paid by LIC to Policy Holder will be ignored while settling the Death Claimarising During Premium PayingTerm andFULL SUM ASSURED will be paid to nominee.)

5. Features:

Auto Cover: If at least 2 years premiums have been paid, full death cover will continue for asubsequent period of 2 years from F.U.P. At any time during these 2 years, one or more installmentpremiums can be paid along with interest without any revival requirement. (HRD)

Minimum Age at Entry - 14 years completed.Maximum age at entry - 57 years nbd for 12 years term

51 years nbd for 16 years term45 years nbd for 20 years term

Maximum Maturity Age - 75 years nbdTerm allowed 12,16 and 20 years.

Minimum S.A. - Rs. 50,000/-Maximum S.A. - No Limit (Depending upon Income)

Modes Allowed - Yearly, Half Yearly, Quarterly, ECS, & SSSPolicy Loan: AvailableAge Proof: - All categories allowedRiders allowed: - Accident Benefit Rider only. No CIR and No T R.Female: - All categories allowed

Non-medical scheme: NMG, N.M.S. & NM (Prof.) Allowed.Back dating: - Allowed. No lean month concession.

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Table No: 175- Bima Bachat (With Profit)


At the end ofPlan175-Term 9

Plan175-Term 12

Plan175-Term 15

3 years 15% of S.A. 15% of S.A. 15% of S.A.6 " 15% of S.A. 15% of S.A. 15% of S.A.

9 " - 15% of S.A. 15% of S.A.12 " - - 15% of S.A.


Single Premium paid excluding extra premium along with one time Loyalty Additions, if any,

3. Death Benefit:

a) Natural Death:

Basic S.A.

Features:

Minimum Age at Entry - 15 years completed.Maximum age at entry - 66 years nbdMaximum Maturity Age - 75 years nbdTerm allowed 9, 12 and 15 years.Minimum S.A. - Rs. 20,000/-Maximum S.A. - No Limit (Depending upon Income)

Modes Allowed - Only Single.Policy Loan: AvailableStandard Age Proof: - All categories allowedRiders allowed: - None.Female: - All categories allowedUnderwriting: - Bima Nivesh rules for underwritingBack dating: - Allowed. No lean month concession.

High S.A. Rebate: - Less than Rs. 50,000 : NILRs. 50,000 and Less than Rs.1 Lakh : 5%Rs. 1 lakh and Less than Rs.2 Lakh : 7%Rs. 2 Lakh and above : 8%

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TABLE NO. 48 Limited Payment Endowment: (With Profits)BENEFITS:


Full Sum Assured + Bonus +Final Additional Bonus

2. Death Benefit:

Natural: Full Sum Assured + Accrued Bonus + F.A.B. If applicable.

Accidental: 2 times Sum Assured + Accrued Bonus +F.A.B. if applicable

Policy Term & Premiums Paying Terms allowed as under:

Policy Term Premium Paying Term

5 110 1,515 " 1,5 or 1020 " 1,5, 10 or 1525 " 1,5, 10, 15 or 20

FEATURES:

Minimum Age at Entry - 12 years (completed)Maximum Age at Entry - 65 years

Maximum maturity age - 75 yearsMinimum S.A. - Rs. 50,000/- (Rs.30,000 for Single Premium)Maximum S.A. No Limit (Depends upon Income)Term Allowed 15, 20 & 25 years subject to different P.P.T.Modes Allowed - Yearly, Half Yearly, Quarterly, ECS, & single.Rider: D.A.B., Term & CI AllowedPolicy Loan: AvailableAge Proof Standard or non-standard proof allowed.Female Category I, II & III Allowed.Non-medical scheme: NMG, N.M.S. & NM (Prof.) Allowed.

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TABLE NO. 167 JEEVAN PRAMUKH (With Profit)

1) MATURITY BENEFIT:

Sum Assured +Guaranteed Return @Rs.50 for 1st 5 years. +Bonus for rest of theterm + F.A.B. (if any)

2) Death Benefit:

NaturalSum Assured +G.A. + Bonus+ Loyalty addition (If any)

Accidental deathOne more S.A (Maximum A.B. is 50 lakhs allowed)

BENEFITS:

Policy Term & Premiums Paying Terms allowed as under:

Policy Term Premium Paying Term

5 3,4 & 510 3,4 & 515 3,4 & 520 3,4 & 525 3,4 & 5

FEATURES:

Minimum Age at Entry: - 18 Years LBD.Maximum Age at Entry: - 65 Years N.B.DMaximum Maturity Age: - 75 Years N.B.DSum Assured: - Mini. 10,00,000 (multiples of 100,000)Policy Term: - Mini. 5 Years AND Maxi. 25 years.Guaranteed Additions: - Rs 50/- per 1000 for 1st 5 years.Rider: D.A.B., Term & CI Allowed

Mode: Yly, Hly, Qly, S.S.SLoan: Available.Age proof: Standard age proof accepted.Female: Category I, II & III Eligible.

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TABLE NO. 2: WHOLE LIFE POLICY (With Profit):

BENEFITS:


Maturity at the Age of 80 years or 40 years fro D.O.C. whichever is later.



2) Death Benefit:

a) Natural Death:




FEATURES:

Minimum Age at Entry - 15 years CompletedMaximum Age at Entry - 60 years

Minimum S.A. - Rs. 50,000/-Maximum S.A. - No Limit (Depending upon Income)Modes Allowed - Yearly, Half Yearly, Quarterly & SSSTerm Rider: AllowedPolicy loan: - Available.Standard Age Proof Required.Female Category I, II & III Allowed.Rider: D.A.B. AllowedNon-medical scheme. Not allowed.PPT: = 35 years or till age 80 whichever is more.

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TABLE NO. 5: LIMITED PAYMENT WHOLE LIFE POLICY (With Profit):

BENEFITS: (premiums payable only for selected term)



Paid at the Age of 80 years or on earlier death.


2) Death Benefit:

a) Natural Death:




FEATURES:

Minimum Age at Entry - 12 years CompletedMaximum Age at Entry - 60 years

Minimum S.A. - Rs. 50,000/-Maximum S.A. - No Limit (Depending upon Income)Modes Allowed - Yearly, Half Yearly, Quarterly, ECS, & SSSRider: D.A.B. AllowedPolicy loan: - available.Standard Age Proof Required.Female Category I, II & III Allowed.Non-medical scheme: NMG, N.M.S. & NM (Prof.) Allowed.

TABLE NO. 8: single premium WHOLE LIFE POLICY (With Profit):

Table no 8 is like table no. 5 with only difference that the mode of premium is SINGLE.The Minimum Sum Assured is 30,000 for table 8.

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Table No: 178- Jeevan Tarang (With Profit)

1. Benefits under the plan:

The bonuses will be payable in one lump sum at the end of selected PPT(On survival to the end of the selected Accumulation Period) AND

5%of the Sum Assured will be payable on survival to the end of each year after theAccumulation Period.

2. Maturity Benefit: The Sum Assured along with Loyalty Addition, if any, will be payable on thecompletion of 100 years of age.

3. Death Benefit:

The Sum Assured, along with bonuses is payable in case of death of the Life Assured duringP.P.T. (i.e, the Accumulation Period.)

The Sum Assured along with Loyalty Addition, if any is payable in case of death of the LifeAssured any time after P.P.T. is over (i.e., after the Accumulation Period)

Optional riders (available during the Accumulation Period only. i.e., During PPT):

1. Premium Waiver benefit for the full Premium Paying Term in case of minor life.2. Accident Benefit Rider Option (Allowed for Regular Premium policies only)3. Term Assurance Rider Option4. Critical Illness Rider Option

Eligibility ConditionsAges at entry: 0 years to 60 years (nearest birthday)Maximum age for premium payment to cease: 70 years (nearest birthday)

Age up to which life cover available: 100 years (completed)Minimum age at the end of accumulation period: 18 years (completed)

Modes of payment: Single, Yly, Hly, Qly, Mthly & SSSPremium paying terms: 6,10,15 or 20 years payable during accumulation period

(In case of regular premiums)Minimum Sum Assured: Rs.1 lakh and in multiples of Rs.5,000/-.Policy Loan: AvailableAge-proof: Standard and All Non-standard allowed.Back-dating: 8% p.a. for dating back in excess of one month

(No lean month concession)Riders: = DAB, P.W.B., T.R. & CI Allowed.

Non-medical: N M G (O), N M G (Prof.) & N M S allowed.Female lives: Allowed to Female Category I, II. &also to Category III only if TA and CI riders not opted for.

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Table 184: CHILD CAREER PLAN WITH PROFITS

Benefits:

1. Survival Benefit :On life assured surviving to the end of the specified durations an amount as specified below is payable:

N-5 years = 30% of the S.A. along with Reversionary BonusesN-4 years = 15% of the Sum AssuredN-3 years = 15% of the Sum AssuredN-2 years = 15% of the Sum Assured

N-1 years = 15% of the Sum AssuredN= (Policy Term) = 15% of the Sum Assured along with Final Additional Bonus, if any.

2. Death Benefit:On death after the Date of Commencement of Risk

(i) If death occurs before S.B.: Sum Assured + Bonuses+ Final Additional bonus (if any) is payable.(ii) If death occurs after S.B. Payment starts: Sum Assured + Final Additional bonus

On death during the Extended Term - Sum Assured is payable. The Extended term will be 7 yearsfrom the date of expiry of policy term. No premiums payable for extended term.

On death before the Date of Comm. of Risk - All the premiums paid (excluding premium for extra &

PWB, if any,) along with interest of 3% p.a. compounding yearly shall be payable.

3. Auto Cover: If after at least two full years premiums have been paid, full death cover shall continue for aperiod of two years from the due date of the First Unpaid Premium (FUP). Premium Waiver Benefit, if anyshall remain in force during the Auto Cover period.

4. Eligibility Conditions and Restrictions :

For Life Assured

(a) Minimum Entry Age : 0 years (last birthday)(b) Maximum Entry Age : 12 years (last birthday)(c) Minimum Maturity Age : 23 years (last birthday)(d) Maximum Maturity Age : 27 years (last birthday)(e) Minimum Sum Assured : Rs. 1,00,000 (in multiples of Rs. 5000.)(f) Maximum Sum Assured : Rs. 100,00,000(g) Policy term : 11 to 27 years(h) Premium Paying term : 6 years and Policy term less 5 years(i) Loans No loans allowed.(j) Back-dating Allowed(k) Mode: Yearly, Half-yearly, Quarterly or through salary deductions.(l) Non medical 25 lacs up to age 9 and 8 lacs up to from age 10 to 12.

For Proposer (if PWB is opted for)

(a) Minimum Entry Age : 18 years (completed)(b) Maximum Entry Age : 55 years (Nearer birthday)(c) Maximum Age at the end of premium paying term: 70 years (Nearer birthday)

The proposer can be childs father or mother (female category I and II). The grand parents can proposeeven if the parents are alive provided the consent of parent is obtained.

Date of commencement of Risk: Up to age10 years: 2 years from the D.O.C. of policy or oncompletion of 5 years of age of L.A., whichever is later. For age at entry more than 10 years but lessthan 12 years: the risk commence from age 12 of the Life Assured. For those aged 12 years or morerisk will commence immediately.

Age proof:For children aged 5 years and above - a certified extract from the school records.For children aged less than 5 years - a certified extract from Municipal / local village panchyat records.

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Table 185: CHILD FUTURE PLAN WITH PROFITS

1. Benefits :

2. Survival Benefit :

On life assured surviving to the end of the specified durations an amount as specified below is payable:N-5 years - 25% of the Sum AssuredN-4 years - 10% of the Sum AssuredN-3 years - 10% of the Sum Assured

N-2 years - 10% of the Sum AssuredN-1 years - 10% of the Sum AssuredN= (POLICY TERM) - 50% of the Sum Assured along vested bonus & F.A. Bonus, if any.

a) Death Benefit :On death after Commencement of Risk but before the expiry of policy term:-Sum Assured + Bonuses + Final Additional bonus (if any) is payable.

On death during the Extended Term - Sum Assured is payable. The Extended term will be 7 yearsfrom the date of expiry of policy term. No premiums payable for extended term.

On death before the Date of Comm. of Risk - All the premiums paid (excluding premium for extra &PWB, if any,) along with interest of 3% p.a. compounding yearly shall be payable.

3. Auto Cover: If after at least two full years premiums have been paid, full death cover shall continue for aperiod of two years from the due date of the First Unpaid Premium (FUP). Premium Waiver Benefit, if anyshall remain in force during the Auto Cover period.

4. Eligibility Conditions and Restrictions :

For Life Assured

(a) Minimum Entry Age : 0 years (last birthday)(b) Maximum Entry Age : 12 years (last birthday)(c) Minimum Maturity Age : 23 years (last birthday)(d) Maximum Maturity Age : 27 years (last birthday)(e) Minimum Sum Assured : Rs. 1,00,000 (in multiples of Rs. 5000.)(f) Maximum Sum Assured : Rs. 100,00,000(g) Policy term : 11 to 27 years(h) Premium Paying term : 6 years and Policy term less 5 years(i) Loans No loans allowed.(j) Back-dating Allowed(k) Mode: Yearly, Half-yearly, Quarterly or through salary deductions.(l) Non medical 25 lacs up to age 9 and 8 lacs up to from age 10 to 12.

For Proposer (if PWB is opted for)

(a) Minimum Entry Age : 18 years (completed)(b) Maximum Entry Age : 55 years (Nearer birthday)(c) Maximum Age at the end of premium paying term: 70 years (Nearer birthday)

The proposer can be childs father or mother (female category I and II). The grand parents can propose

even if the parents are alive provided the consent of parent is obtained.

Date of commencement of Risk: Up to age10 years: 2 years from the D.O.C. of policy or oncompletion of 5 years of age of L.A., whichever is later. For age at entry more than 10 years but lessthan 12 years: the risk commence from age 12 of the Life Assured. For those aged 12 years or morerisk will commence immediately.

Age proof:For children aged 5 years and above - a certified extract from the school records.For children aged less than 5 years - a certified extract from Municipal / local village panchyat records.

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TABLE NO. 159: Komal Jeevan: (For Children)

In this plan premiums are to be paid up to age 18 of child.

BENEFITS:

1. Installment Benefit:

After completion of Age 18 - 20% of S.A." 20 - 20% of S.A." 22 - 30% of S.A." 24 - 30% of S.A.


This Policy Matures at the Age 26 years of child.

On Maturity Guaranteed Addition @ Rs. 75/- per 1000 S.A. plus Loyalty Addition(if any) will be paid.

3. Death Benefit:

Natural or Accidental Death - Full S.A. + G.A.

However, the actual risk cover of the child will commence only after completing age of7 years or after two years from the date of commencement of Policy whichever islater. If death occurs before this period, only the premiums paid are refunded asclaim.

FEATURES:

Age at Entry - 0 to 10 yearsMinimum S.A. - Rs. 100,000/-Maximum S.A. - Rs. 25, 00,000/-Maximum Term - 26 yearsPremium Ceasing Age - 18 yearsTerm Rider: Available. (On the life of Proposer)Premium Waiver: Available. (On the life of Proposer)Mode: Yearly, Half-yearly, Quarterly or through salary deductions.

Policy Loan: Not availableAge proof: Standard proof of age for child required

***

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TABLE NO. 102: JEEVAN KISHOR: (With Profit)

Plan is designed for Children between ages 1 to 12 years

BENEFITS:



2. Death Benefit:

Natural or Accidental Death - Full Sum Assured + Bonus

The risk cover will commence only after completion of age 7 years or after two years

from the date of commencement of Policy whichever is later. (For age 11 -1 yr, fromDOC & for 12- immediate RISK.) If death occurs before this period, only thepremiums paid are refunded as claim.

Bonuses will be credited only after completion of age 7 years or after 5 years from thedate of commencement of Policy, but will participate in Bonus from commencementdate.

FEATURES:

Age at Entry - 1 to 12 (Last Birth day)Minimum Term - 15 yearsMaximum Term - 35 yearsMinimum S.A. - Rs. 50,000/-Maximum S.A. - Rs. 50, 00,000/-Mini. Maturity Age - 20 yearsMaxi. Maturity Age - 45 years (After age 30 in multiples of 5 years)Mode: - Yearly, half yearly, quarterly, ECS and single.Policy Loan: - Not available during deferment period.Standard age proof: - required.Double Accident Benefit: - allowed after age 18 on request of the L.A.Non Medical: 25 lacs up to age 9 (form 360)

8 lacs from age 10 to 17 years. (Form 340)

***

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TABLE NO. 41: CHILDRENS DEFERRED ASSURANCE(VESTING AGE 21)

TABLE NO. 50: CHILDRENS DEFERRED ASSURANCE(VESTING AGE 18)

(With profit)

Plan is designed for Children between ages 0 to 17 years

BENEFITS:



2. Death Benefit:

Natural or Accidental Death - Full S.A. + Bonus

The risk cover and bonus will commence only after completion of age 21 years fortable 41 and age 18 for table No.50. If death occurs before this period, only thepremiums paid are refunded as claim.

FEATURES:

Age at Entry - 0 to 14 for table 50and 0 to 17 for table 41

Minimum deferment period: - 4 yearsMaximum Term - 50 yearsMinimum S.A. - Rs. 50,000/-Maximum S.A. - Rs. 1 Crore with clause 76Maxi. Maturity Age - 60 years (in multiples of 5 years)Mode: Yearly, half yearly and quarterly.Policy Loan: During deferment period not available.Age proof: Standard age proof of child required.Non-medical scheme: - Applicable if deferment period is more than 10 yrs.

Form up to age 12 360Age 12 340Double Accident Benefit: After age 18 on request of the L.A

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TABLE NO 187: Fortune Plus:

This is a unit linked Endowment plan where premium payment is limited to 5 years and the premium payable duringthe first yearis four times the premium payable in subsequent years

A. Maturity Value: N A V of Units payable at end of the term.

B. Death Benefit: Sum assured under the Basic Plan OR the Fund Value of units whichever is more is payable(To nominee)

C. OPTIONS

A. Accident benefit: Available @ 0.50p per 1000 S.A. maxi. Rs.50 lakhs.B. Settlement Option one month before maturity. The maturity benefit paid in instalments over 5 years period. I

will be based on the current NAV as on date of payment.C. Life cover will be based on the age nearer birthday of the Policyholder. The same will be charged on the

difference between SA and NAV , till such time the SA is greater than NAV.

D. Fund: The allocated premiums will be invested in any of the following fund selected by L.A.

1. Bond fund. 2. Secured fund 3. Balanced fund. 4. Growth fund.

Switch over from one fund to another fund is allowed FOUR times during the year free of charge.

F.Discontinuance of premiums:Where at least 3 years premiums have been paid, the Life cover and Accident Benefitshall continue for two years from the due date of first unpaid premium. During this revival period, the charges for Life Cover and

Accident Benefit cover will be taken by cancelling an appropriate number of units out of the policyholders Unit Account every month.

G. Surrender: There will be no Surrender charge. Surrender possible even after 1 st year but payment of S.V. will bemade only after completion of 3 years from Date of Commencement.

H. Partial withdrawals: The Policyholder can partially surrender units in the form of fixed amount or in the form offixed number of unit.Where at least 3 years premiums have been paid, partial withdrawal will be allowed subject to aminimum balance of Rs. 10,000/- in the Policyholders Fund Value. (In case of minors: Partial withdrawals shall be allowed onor after 18th birthday of the child)

I. Features:A. Minimum age at entry- 12 years lbdB. Maximum age at entry - 60 years lbd.C. Policy Term: 5 to 20 years.D. Premium Paying Term: 5 years only.

E. Minimum Maturity Age: 18 years completedF. Maximum Maturity Age: 65 years nearest birthdayG. Mini. Sum Assured - Regular Premium - Higher of 5 times the annualized premium or half of the

policy term times the annualized premium.H. Minimum Premium - Annual Rs.20, 000,I. Mode: Yearly, Half yearly, Quarterly, Monthly (ECS).J. Non Medical: - N.M.G., N.M.S. & N.M.O. (Professional) Allowed.K. Female: Category I, II & III eligibleL. Age Proof: All types allowed.M. Grace Period: One month, if premiums are not paid within grace period, the policy lapses.

N. Top up, Policy Loan & Back dating:Not AllowedO. Revival: Without any requirement: = within 2 years of F.U.P. if at least 3 years premiums paid

With revival requirements: = within 2 years of F.U.P., if at least 3 years premiums not paid.

P. Compulsory Surrender: In case the policy is not revived during the period of revival, then the policy shall beterminated after completion of three years from the date of commencement of policy or on expiry of revival period,whichever is later. Sub to mini balance of Rs.5000/- fund value.

J.Premium Allocation Charge, Mortality, Accident rider @0.50 p per 1000 s.a., policy administrative charges of Rs.60/- p.m. in 1st year and Rs.20/thereafter. Service tax, fund management, Misc charges and switching charges wherever applicable will be deducted by cancelling appropriatenumber of units. When less than 3 years premiums paid & the Policyholders Unit Account falls below the monthly charges, the policy shalcompulsorily be terminated. The balance amount, if any, will be refunded. If at least 3 years premiums paid, The Unit Account shall be subject to aminimum balance of Rs. 5,000/-. In case, Unit Account falls below this limit, policy compulsorily terminated and the balance amount will be refunded.

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TABLE NO 188: Profit Plus:This is a unit linked Endowment plan where under premium payment is either single or limited to 3, 4 or 5 years.

A. Maturity Value: B. Death Benefit: (to nominee)N A V of Units payable I) Sum assured under the Basic Plan OR theat end of term. Fund Value of units, whichever is more is payable.

ii) Up to age 12 years, before the commencement of risk, Only Fund Value of units is payable.(Up to age 10 Risk from age 7 or 2 years from DOC whichever is later.For age 10 & 11: after age 12 and for age 12: instant risk cover.

C. OPTIONSA. Accident benefit: Available @ 0.50p per 1000 S.A. maxi. Rs.50 lakhs.B. Critical Illness rider available: equal to S.A. or 5 lakhs, whichever is less; for age at entry 18 and above.C. Settlement Option one month before maturity. The maturity benefit paid in instalments over 5 years period. It will be based

on the current NAV as on date of payment.D. Life cover & Critical Illness charges will be based on the age nearer birthday of the Policyholder. The same

will be charged on the difference between SA and NAV, till such time the SA is greater than NAV.

D. Fund:The allocated premiums will be invested in any of the following fund selected by L.A.

1. Bond fund. 2. Secured fund 3. Balanced fund. 4. Growth fund.Switch over from one fund to another fund is allowed FOUR times during the year free of charge.

F.Discontinuance of premiums:Where at least 3 years premiums have been paid, the Life cover and Accident Benefishall continue for two years from the due date of first unpaid premium. During this revival period, the charges for Life Coverand Accident Benefit cover will be taken by cancelling an appropriate number of units out of the policyholders Unit Accountevery month.

G. Surrender: There will be no Surrender charge. Surrender possible even after 1st year but payment of S.V. will be madeonly after completion of 3 years from Date of Commencement.

H. Partial withdrawals: The Policyholder can partially surrender units in the form of fixed amount or in the form of fixed numbeof unit. Where at least 3 years premiums have been paid, partial withdrawal will be allowed subject to a minimum balance of Rs.10,000/- in the Policyholders Fund Value and for Single Premium Balance should be Rs 5,000/- (In case of minors: Partiawithdrawals shall be allowed on or after 18th birthday of the child)

I. Features:1. Minimum age at entry- 0 years lbd2. Maximum age at entry - 65 years lbd.3. Policy Term: 5 to 20 years.4. Premium Paying Term: 3,4, 5 years and Single.

5.Minimum Maturity Age: 18 years completed

6. Maximum Maturity Age: 70 years for 3 yrs ppt and for other terms 75 years7. Min. Sum Assured - Regular Premium - Higher of 5 times the annualized premium or half of the policy term times

the annualized premium. Single Premium - 1.25 times the single premium

8. Maxi. Sum Assured: Regular Premium - Higher of 5 times the annualized premium or half of the policy term times the anzed premiumSingle Premium - If Critical Illness Benefit Rider is opted for: 5 times the single premium if age at maturity is 55years or less. 3 times the Single premium if age at maturity is 56 years or more. If Critical Illness Benefit Rider is notopted for: 5 times the Single premium if age at maturity is 65 years or less. 3 times the Single premium if age atmaturity is 66 to 70 years. 2.5 Times the Single premium if age at maturity is 71 years and above.

9. Minimum Premium - Annual Rs.10,000 and Single premium Rs.20,000. No limit for maxi premium.10. Mode: Yearly, Half yearly, Quarterly, Monthly (ECS).11. Non Medical: - N.M.G., N.M.S. & N.M.O. (Professional) Allowed.12. Female: Category I, II & III eligible13. Age Proof: All types allowed.

14. Grace Period: One month, if premiums are not paid within grace period, the policy lapses.15. Top up, Policy Loan & Back dating: Not Allowed16. Revival: Without any requirement: = within 2 years of F.U.P. if at least 3 years premiums paid

With revival requirements: = within 2 years of F.U.P., if at least 3 years premiums not paid.17. Compulsory Surrender: In case the policy is not revived during the period of revival, then the policy shall be terminated afte

completion of three years from the date of commencement of policy or on expiry of revival period, whichever is later. Sub to minbalance of Rs.5000/- fund value.

J. . Premium Allocation Charge, Mortality, Accident rider @0.50 p per 1000 s.a., policy administrative charges of Rs.60/- p.m. in 1st year and Rs.20/- thereafter. Service tax, fund management, Misccharges and switching charges wherever applicable will be deducted by cancelling appropriate number of units. When less than 3 years premiums paid & the Policyholders Unit Account falls belowthe monthly charges, the policy shall compulsorily be terminated. The balance amount, if any, will be refunded. If at least 3 years premiums paid, The Unit Account shall be subject to a minimumbalance of Rs.5000/-. In case, Unit Account falls below this limit, policy compulsorily terminated and the balance amount will be refunded.

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TABLE NO 191: MARKET PLUS-I (UIN 512L249V01)

A. Maturity Value: (On vesting)

Fund Value of Units will be compulsorily converted into pension.a. 1/3 Fund value can be commuted.b. Choice of selecting any other insurance company to buy pension.

B. Death Benefit: before pension starts. (To nominee)Natural death:a. with life cover: Fund Value + S.A. of basic planb. without risk cover: Fund valuec. Lapsed condition. Fund Value as on date.

Nominee can take above in lump sum or in form of annuity orcombination of both thesefor self.

C. OPTIONSA. Life cover: Regular mode: 5 to 20 times of Premium and for Single Prem. = S.A. = S.P.B. Accident benefit: Available @ 0.50p per 1000 S.A.C. Critical Illness Rider: equal to S.A. or 10 lakhs which ever is less.Life cover (charges same thro out the term)and Critical Illness Benefit charges will be based on the age nearerbirthday of the Policyholder, hence may increase every year on each policy anniversary.


1. Bond fund. 2. Income fund 3. Balanced fund. 4. Growth fund.

Switch over from one fund to another fund is allowed FOUR times during the year free of charge. Thereafter, charge ofRs.100/- per switch in that year.

E. Top up: The policyholder can also pay an additional premium, at any time, in multiple of Rs.1,000/-

F. For discontinued policy risk cover: Available maximum for 2 years after payment of 3 years premiums bycancelling the units for morality charges.

G. Increase/ decrease in benefits: The risk cover can be reduced but cannot be increase.

H. Features:Minimum age at entry:- 18 years lbdMaximum age at entry: - 65 years nearer birthday with Risk and 80 yrs. Without risk coverMini. Deferment period: 5 years.

Mini Vesting age:- 40 yearsMaxim. Vesting age:- 75 year last birthday with risk cover and 85 year lbd without risk cover.Mini. Sum Assured:- Rs.25,000 & NIL for With Out risk coverMaxi Sum Assured: - Equal to Single prem. for Single premium.

(i) Without CIR 20 times of Prem. up to age 40 yrs10 times of Prem. for age above 41 yrs

(ii) With CIR 10 times of Prem. up to age 40 yrs5 times of Prem. for age above 41 yrs

Minimum Premium: - Rs. 10,000 for Single premium. (without Risk)Rs. 25,000 for Single premium (with risk)Rs. 5,000 for Regular Premium. Rs.1,000 for Monthly ECS mode.

Mode:- Yearly, half yearly, quarterly,Monthly ECS & single.Female:- Category I, II & III eligiblePolicy Loan:- Not available.Surrender:- Allowed but payable ONLY after 3 years of FUP, full FUND VALUE payable. No partial SV allowed.

I. Features: The flat charges of Rs.60/- p.m. in the 1st year and Rs.20 pm through out the term, fund management charges from0.5% to 0.8%, the switching charges of Rs.100/-, life cover, accident benefit, critical illness, service tax charges and extra premiumcharges if any will be deducted by cancelling appropriate number of units out of the Policyholders Unit Account as per the frequencyas provided for respective charges. The Corporation reserves the right to revise all or any of the above charges. The Corporation may alsointroduce new charges, as and when such a Need may arise. The modification in charges will be done with prospective effect after giving thepolicyholders a notice of 3 months.

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TABLE NO 193: MONEY PLUS I (UIN) 512L248V01

A. Maturity Value: B. Death Benefit: (to nominee)N A V of Units payable I) Sum assured under the Basic Plan OR theat end of term. Fund Value of units is payable. Whichever is more.

ii) Up to age 12 years, before the commencement of risk,only Fund Value of units is payable.(Up to age 10 Risk from age 7 or 2 years from DOC whichever is later.For age 10 & 11: after age 12 and for age 12: instant risk cover.

C. OPTIONS

D. Accident benefit: Available @ 0.50p per 1000 S.A. maxi. Rs.50 lakhs.E. Critical Illness Rider: equal to S.A. or 10 lakhs, whichever is less.F. Settlement Option one month before maturity. The maturity benefit paid in instalments over 5 years period. It

will be based on the current NAV as on date of payment.D. Life cover & Critical Illness charges will be based on the age nearer birthday of the Policyholder. The same

will be charged on the difference between SA and NAV , till such time the SA is greater than NAV.


1. Bond fund. 2. Secured fund 3. Balanced fund. 4. Growth fund.

Switch over from one fund to another fund is allowed FOUR times during the year free of charge.

F.Discontinuance of premiums:Where at least 3 years premiums have been paid, the Life cover and Accident Benefit &CI rider, if any, shall continue for two years from the due date of first unpaid premium. During this revival period, the charges for Life

Cover and Accident Benefit cover will be taken by cancelling an appropriate number of units out of the policyholders Unit Accountevery month

G. Option to continue the cover: If at least 3 years premiums have been paid, the policyholder may opt forcontinuation of cover even beyond the revival period without reviving the policy and paying any further premiums.

H. Surrender: There will be no Surrender charge. Surrender possible even after 1st year but payment of S.V. will be madeonly after completion of 3 years from Date of Commencement.

I. Partial withdrawals: The Policyholder can partially surrender the units. Partial Surrender may be in the form offixed amount or in the form of fixed number of units, subject to mini. Balance of 2 annualized premiums wherepremiums for at least 3 years been paid.

J. Features:I. Minimum age at entry- 0 years lbd

II. Maximum age at entry - 65 years lbd.III. Policy Term: 5 to 30 yearsIV. Minimum Maturity Age: 18 years completedV. Maximum Maturity Age: 75 years nearest birthdayVI. Mini. Sum Assured - 5 times the annualized premiumVII. Maxi. Sum Assured: - 30 times the annualized premium if age at entry is up to 45 yrs

20 times the annualized premium if age at entry 46 to 60 yrs10 times of annual premium if age at entry is 61 yrs & above

VIII. Minimum Premium - Annual Rs.5, 000, and Rs.1,000/- for ECS mode. (Maxi Premium: No limit)IX. Mode: Yearly, Half yearly, Quarterly, ECSX. Non Medical:- N.M.G , N.M.S. & N.M.O.( Professional) Allowed.XI. Female: Category I, II & III eligibleXII. Grace Period: One month (min.30days): If premiums are not paid within grace period, the policy

lapses.XIII. Top up, Policy Loan & Back dating: Not AllowedXIV. Revival: -Allowed: Without any requirement:= within 2 years of F.U.P. if at least 3 years premiums paid.

With revival requirements:= within 2 years of F.U.P.,if at least 3 years premiums not paid.XV. Compulsory Surrender: In case the policy is not revived during the period of revival, then the policy shall be terminated after

completion of three years from the date of commencement of policy or on expiry of revival period, whichever is later.

K.. Premium Allocation Charge, Mortality, Accident rider, critical illness, policy administrative, fund management and switching charges whereverapplicable will be deducted by cancelling appropriate number of units. When less than 3 years premiums paid & the Policyholders Unit Account fallsbelow the monthly charges, the policy shall compulsorily be terminated. The balance amount, if any, will be refunded. If at least 3 years premiumspaid, The Unit Account shall be subject to a minimum balance of one annualized premium. In case, Unit Account falls below this limit, policycompulsorily terminated and the balance amount will be refunded.

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Table 194: Child Fortune Plus: UIN 512L251V01 (Unit liked plan)

A. Maturity Benefits: Policyholders Fund Value is payable to L.A. or the child nominee. (NAV payable whenchild is of age 25 years l.b.d. or till the life assured attains age of 75 years NBD, whichever is earlier.)

B. Death Benefit: The risk cover on the life of the parent life assured. No insurance coverage to child. The policyIS based on the age of the child.

i) On death of Life Assured, if the child is alive: Sum Assured is payable to the nominee. Forregular premium policy, all future premiums waived. Units equivalent to amount equal to all future premiums includingoutstanding premiums shall be credited to the policy fund. The policy shall continue. If less than 3 years premiums have

been paid & lapsed policy, then Fund Value shall become payable to the nominee and the policy will terminate.ii) On death of the Life Assured, after the death of the child: Sum Assured plus policyholders fund value togethewith an amount equal to all future premiums including outstanding premiums, if any, shall be payable to the nominee.

iii) On death of child before L.A.s death: Policy continues till maturity or till the life assured survives, whichever isearlier.

iv) On death of child after life assureds death: Value of units shall be payable to the nominee & the policyterminates.

C, Discontinuance of Premium: Where at least 3 years premiums have been paid, the Life Cover & Premium WaiverBenefit cover shall continue during the revival period i.e. 2 years from FUP, or till the date of maturity, or till the Fund

Value reduces to one annualized premium. The life assured may opt for continuation of cover even beyond the revivaperiod without reviving the policy.

D. Types of funds: 1.BOND 2.SECURED 3.BALANCED 4.GROWTHE. ELIGIBILITY & FEATURES:Minimum Sum Assured: Regular premium policies: 5 times the annualized premium.

Single premium Policies: 1.25 times the single premium.Maximum Sum Assured: Regular premium: 25 times of ann. Premium. age up to 45 NB.

15 times of annual premium for age 46 NB and above.Single Prem.: 5 times of the SP (age at entry up to 35 NB).

2.5 times of the single premium (age at entry is 36 to 45 NB)

1.25 times of the S P (age at entry is 46 years NB and above)Minimum Premium: Regular Premium: Rs. 10,000 p.a. & multiples of Rs. 1,000. Rs. 1,000 p.m.

for monthly (ECS) mode, in multiples of Rs. 250. S P Policies: Rs. 25,000.Maximum Premium: No Limit

Minimum Age at entry for L. A.: 18 last birthday. (For child: 0 last birthday.)Maximum Age at entry for L. A.: 55 nearest birthday (For child: 17 last birthday.)Mode: Yearly, Half Yearly, quarterly, Monthly ECS.

Loan: - Not Available.Surrender Charges: - Nil (partial Surrender allowed)

Policy Term: (25-age at entry lbd of L.A.s child) or (75 -age at entry nbd of life assured), whichever is lower.Premium paying term:- Same as policy termSwitching: In a policy year, 4 switches allowed free of charge. Subsequent, Rs.100 per switch.Top-up: Allowed in multiple of Rs.1,000/- without increasing the sum assured. It cannot exceed 25% of total regularpremiums paid till date or 25% of single premium paid.

Increase / Decrease in Benefits: No increase allowed. However, decrease in risk cover allowed, Sub to min. S.A.Settlement Option: - LA or Child can select Settlement Option one month prior to the date of maturity. Payable inyearly or half yearly mode for 5 years.

Partial withdrawals: The policyholder can partially withdraw the units at any time after the third policy anniversary.Under regular premium policies subject to a minimum balance of 2 annualized premiums in the Fund where at least 3years premiums have been paid.

Other charges:Mortality Charges depends on S.A. & PWB, Policy Admi. Charge Rs.60/-p.m. in 1st policy yr, Rs 20/-p m in 2nd yr & thereafter, 3rdyr on wards till the end of the policy term Rs. 20/-per month escalating at 3% p.a., Fund Management Charges:0.60% p.a. of Unit Fund for Bond

Fund 0.80% p.a. of Unit Fund for Secured Fund 1.00% p.a. of Unit Fund for Balanced Fund 1.20% p.a. of Unit Fund for Growth Fund & Service Tax

if any, shall be levied on Policy Administration charge and Mortality charge.(to be recovered by canceling units from time to t ime.)

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TABLE NO. 90: MARRIAGE ENDOWMENT/ EDUCATIONAL ANNUITYPLAN:

BENEFITS:


Full Sum Assured + Bonus + F.A.B. (If any).

PAYABLE ONLY ON MATURITY.


2) Death Benefit:

a) Natural Death:

i) No need to pay further premiums &ii) Maturity Benefits as above are paid to nominee. (PAYABLE ONLY ONCOMPLETION OF POLICY TERM, IRRESPECTIVE OF DATE OF DEATH)


i) Full Sum Assured immediately on death of Life Assuredii) No need to pay further premiums &iii) Maturity Benefits as above are paid to nominee.

FEATURES:Minimum Age at Entry - 18 years CompletedMaximum Age at Entry - 60 yearsMaximum Maturity Age - 70 yearsTerms Allowed - 5 to 25Minimum S.A. - Rs. 50,000/-Maximum S.A. - No LimitModes Allowed - Yearly, Half Yearly, Quarterly,ECS & SSSRider: D.A.B., Term & CI AllowedPolicy Loan: - Available.

Age Proof: Std. & non-std. age proof accepted.Female: Category I, II & III Allowed.Non-medical scheme: NMG, N.M.S. & NM (Prof.) Allowed.

***

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TABLE NO. 192: JEEVAN BHARATI-I (With Profit) (ONLY FOR FEMALE)

1. BENEFITS: (% paid of Sum Assured)

Survival Benefit Maturity BenefitPolicy Term in

years.Special benefit 15years

term20 years

termS.B. atEnd of

15 20

5 20% 20%A) Critical Illness (CI)

benefit

10 20% 20%

15 20%

B) Congenital DisabilityBenefit (CDB)

@ Subject to conditions andrestrictions

60%+

Bonus+FAB

40%+

Bonus+FAB

2. Death Benefit:

a) Natural Death:Sum Assured + Accrued Bonus till death + FAB if any.

b) Accidental Death:One additional Sum Assured along with above benefit will be paid to nominee.(Survival Benefit paid by LIC to Policy Holder is ignored while settling the Death Claim.)

3. Special Benefits:a) Critical Illness (CI) benefit (with option of Premium Waiver Benefit.)An amount equal to the Sum Assured (subject to a maximum of Rs. 5 lacks) will be payable on theoccurrence of any one of the listed Critical Illnesses.

(b) Congenital Disabilities Benefit (CDB) BenefitAn amount equal to 50% of the Sum Assured (subject to a maximum of Rs 5 lakh) will be payable on the

birth of the child with any one or more of the Congenital Disabilities as listed by L.I.C. 1. Spina Bifida 2. DownsSyndrome 3. Tetralogy of Fallot 4. Oesophageal Atresia and/or Tracheo-oesophageal Fistula 5. Anal Atresia, Imperforate anus 6 Cleft Palate with orwithout Cleft Lip

4. FEATURES:

i. Free Insurance cover for 3 yrs after2 years premium payment. (only if CIR not opted)(If CIR is opted than subject to submission of proof of continued insurability of the Life Assured)ii. Flexibility to pay premiums in advance at discount @ 5%iii. Encashment of survival benefits as and when needed @ 4% enhancement.iv. Option to receive maturity benefits in the form of an annuity.

Minimum Age at Entry - 18 years (Completed)Maximum Age at Entry- 55 yrs (nbd)Maxi. Maturity age 70 yrs nbdMinimum S.A. - Rs. 50,000/-Maximum S.A. - Rs.25, 00,000 (Also for D.A.B.)Modes Allowed - Only Yearly

Policy Loan: - AvailableRider: D.A.B. AllowedAge Proof: - Standard & non-std proof accepted.Non-medical scheme: N.M.S. & NM (Prof.) Allowed.Female: - Category I, II & III eligible. ( if CI is not opted)If CI rider is opted: ONLY under MEDICAL.Medical examination: To be carried out EXCLUSIVELY by a FEMALE medical examiner (whether by

TPA or LIC panel medical examiners.)

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TABLE NO. 114: JEEVAN AADHAR: (Without Profit):(Limited payment whole life policy.). For handicapped child.

BENEFITS:

1. Maturity Benefit: NIL

2. A) Death Benefit: (On Proposers Life)Sum Assured + G.A. + remove L.A. (If any) out of which 20% will paid in lump sumand the remaining 80% will be used for annuity certain for 15 years and life thereafterfor the benefit of the handicapped child.

b) Death Benefit: (On childs Life)

If the child dies before the maturity the proposer has the option to covert the policyinto a reduced paid up sum assured or take refund of the premium.

FEATURES:

Minimum Age at Entry: 22 years. (Last Birthday)Maximum Age at Entry: - 60 years.Minimum Term - 10 yearsMaximum Term - 35 yearsMinimum S.A. - Rs. 50,000/-Maximum S.A. - Rs. 500,000/-

Maxi. Maturity Age - 70 yearsMode: Yearly, half yearly, quarterly and SSS.Policy Loan: Not available.Age proof: Standard age proof required.Non-medical scheme: N.M.S. & NM (Prof.) Allowed.

***

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TABLE NO. 136: JEEVAN VISHWAS: (Without Profit):For handicapped child

BENEFITS:


Sum Assured + G.A. @ Rs.80/- + L.A. (If any)

2. Death Benefit:

A) Sum Assured + G.A. + remove L.A. (If any)20% will paid in lump sum and the remaining 80% will be used for

IMMEDIATE annuity for the benefit of the handicapped child.

B) If the child dies before the maturity the life assured will have the option toget the surrender value or keep the policy in force to get the lump sum

benefit or to get the annuity as stated above.

FEATURES:

Minimum Age at Entry: 20 years. (Last Birthday)Maximum Age at Entry: - 65 years.Minimum Term - 10 yearsMaximum Term - 40 yearsMinimum S.A. - Rs. 50,000/-Maximum S.A. - No limit.Maxi. Maturity Age - 75 yearsMode: Yearly, half yearly, quarterlyPolicy Loan: Not available.Age proof: Standard or non-standard age proof required.Non-medical scheme: - N.M.G. & N.M.S. allowedFemale: Category I, II & III Allowed.

***

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TABLE NO. 169: JEEVAN NIDHI (With Profit)

BENEFITS:

1) Maturity Benefit: (On vesting)

S.A. + Accrued G.A. @ RS.50/- for 1st 5 years + Bonus for remaining term. This will becompulsorily converted in Annuity.

Option:

a) Commute 1/3 of the above in cash and to select any other life insurance company to provideannuity at vesting. 3% rebate if annuity opted from LIC.

b) 1) Accident Benefit 2) Term Rider 3) Critical Illness & 4) Premium Waiver.

2) Death Benefit:

a) Natural Death:i) Full Sum Assured with G.A. and Bonus paid to nominee OR nominee can opt for annuity.


i) Double Sum Assured payable to nominee.

FEATURES:Mini. Age at Entry - 18 years CompletedMaxi. Age at Entry - 65 years (Nearer Birth day)Mini. Maturity Age - 40 years

Maxi. Maturity Age 75 years.Minimum S.A. - Rs. 50,000/-Maximum S.A. - No LimitPolicy Loan: - Not Available.Modes Allowed - Yly, Hly, Qly, SSS,ECS & SingleMini. Deferment 6 yrs for S.P.& 5 Yrs. For Regular mode.Maxi Deferment 35 years.Mini Annual Premium Rs.3000Mini Single Premiium Rs.10,000Rider: D.A.B. ,Term & CI Allowed

Female: Category I,II & III eligible.Age Proof: Standard or NSAP-I allowed.Non-medical scheme: NMG, N.M.S. & NM (Prof.) Allowed.

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TABLE 147: NEW JEEVAN SURAKSHA-1TABLE 148: NEW JEEVAN DHARA-1

These are the deferred annuity plans where the pension starts after few years from the dateof purchase.

BENEFITS:1) On vesting:

N.C.O. + Bonus + F.A.B. (if any) with or without 25% computation will be compulsorilyutilized for pension with following options to L.A.:

Annuity for life. Annuity for life with guaranteed period of 5, 10, 15 or 20 years. Joint life last survivor pension @ 50% to spouse on death. Life pension with return of purchase price. Life pension with increase of 3% every year.

Pension for life with a provision for 100% pension to the spouse for life on thedeath of the pensioner.

This option is to be selected at least before 6 months of vesting.

Annuity rates of New Jeevan Akshaya at the date of vesting will be applicable forcalculation of pension payable.

2) Death Benefit: (After vesting)

a) If option for return of purchase price was selected = N.C.O.

3) Death benefit: (During deferment):a) With term rider = T.R. Sum Assured + total premiums paid with 5% interest.b) Without term rider = Total premiums paid with 5% interest

FEATURES: Minimum Age at Entry - 18 years Completed Maximum Age at Entry - 65 years lbd Minimum vesting age - 50 years lbd Maximum vesting age - 79 years lbd Minimum deferment period 2 years. Minimum N.C.O. 50,000 for regular mode policy only.

Minimum Single Premium Rs.10,000 Minimum Annual Premium Rs.2500/- Maximum deferment period 35 years.

Modes Allowed Single, Yearly, Half Yearly, Quarterly,ECS & SSS Rider: Term & CI Allowed Age Proof Standard or NSAP-I allowed. Loan. Not available. Female Category I & II Allowed.

Non-medical scheme: N.M.S. & NM (Prof.) Allowed.

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Table No 171: Bima Nivesh-2005 (Guaranteed addition)


Sum Assured + Guaranteed Additions. Loyalty addition, if any.

Guaranteed Additions: Guaranteed additions will compound yearly@ Rs.50/- per thousand S.A. p.a.for terms 5 years and@ Rs.55/- per thousand S.A. p.a. for 10 years respectively.

2) Death Benefit:

Sum Assured + accrued Guaranteed Additions. If Term Assurance Rider has beentaken, the Term Assurance Rider Sum Assured is also payable.

Features:

1. Minimum age at entry - 13 years completed2. Maximum age at entry - 70 years3. Maximum age at maturity - 75 years4. Minimum Sum Assured - Rs.25,000/-5. Maximum Sum Assured - No limit6. Multiples of Sum Assured - Rs.5,000/-7. Mode: Only Single.8. Policy loan available.9. Age Proof Standard or Non-standard age-proofs

10. Non medical Allowed.11. Female category All category allowed.12. Date Backing Allowed.

13. Rider: Only term Allowed

Term Assurance Rider:

a. Minimum age at entry - 18 years completedb. Maximum age at entry - 50 yearsc. Maximum age at maturity - 60 years

d. Minimum Sum Assured - Rs.1,00,000/-e. Maximum Sum Assured The S.A. under the main plan, subject to an

overall limit of Rs.25,00,000/- on S.A. underTerm Assurance Riders under all policies takenby a policyholder.

f. Multiples of Sum Assured - Rs.25,000/-

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TABLE NO. 164: Anmol Jeevan-I: -

Pure Term Assurance plan with lowest premium payment

BENEFITS:


On maturity payment = NIL

2) Death Benefit:

a) Natural OR Accidental Death:

Full Sum Assured.

FEATURES:

Minimum Age at Entry - 18 years CompletedMaximum Age at Entry - 60 years near birthday.

Policy Term - 5 TO 25Years.Minimum S.A. - Rs. 500,000/-Maximum SA:= Rs.25 lacs.Maximum age at Maturity. - 65 years.Mode of Premium: Single, Yly, Hly.Medical as per rules: fee borne by L.I.C.Days of Grace: 15 days only. Thereafter policy can be revived within 60

days of FUP by paying premium with late fee.No claim concession

Policy Loan- Not Available

Rider: D.A.B. AllowedAge Proof: Standard age proof required.Female: Category I & II Allowed.Non-medical scheme: Not allowed.

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TABLE 186 - JEEVAN AMRIT

This is a limited payment (3, 4 or 5 years) premium back plan with provision of simple reversionary bonusand final additional bonus on per thousand of total premiums paid.

Maturity Benefit: Total Premiums Paid + Bonus (per 1000 of Premium) + FAB if any.

Death Benefit: (Natural or Accidental)Sum Assured + Bonus for number of years till death + FAB if any.

Features & Conditions:

Minimum age at entry : 12 yrs lbdMaximum age at entry: 60 yrs. nbd.Max. age at maturity : 70 yrs. nbdMinimum S.A. : Rs. 1,00,000/- & in multiples of Rs.5,000/- thereafterMaximum S.A. : No limit

Policy Term : 10 to 30 years.Premium Paying Term 3, 4 or 5 yearsRiders:Accident Benefit Rider: Not AvailableTerm Rider option: Not AvailableCritical Illness Rider : Not Available.Mode of Payment: Yearly & Half Yearly onlyRebates: Mode Rebate: Yearly: 2% Half yearly: Nil

S.A. Rebate:

Rebate per 1000 S.A. ( Rs)

PPT 3 yrs PPT 4 yrs PPT 5 yrs

S.A. F.Y. SubYr.

F.Y. SubYr.

F.Y. SubYr.

up to 2 lacsNil Nil Nil Nil Nil Nil

2 lacs to less than 3 lacs7.50 3.75 7.50 2.50 7.50 1.85



10 lacs and above15.00 7.50 15.00 5.00 15.00 3.75

Back Dating: Allowed @ 8% p.a., without lean months benefits.

Policy loan : Allowed after 1 year from DOC.Non Medical Schemes: NM General, NM Special & NM Professional allowed.Age Proofs: All type of age proofs allowed.Female Lives: All Categories allowed.Claim Concession: After payment of full first years premium, Death benefit available for 6

months from FUP.

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TABLE NO. 43: Temporary Assurance: - (Without Profit)

Pure Term Assurance plan with lowest premium payment

BENEFITS:


On maturity payment = NIL

2) Death Benefit:

a) Natural OR Accidental Death: (With in TWO years from Date of Commencement)

Full Sum Assured.

FEATURES:

Minimum Age at Entry - 18 years CompletedMaximum Age at Entry - 60 years near birthday.

Policy Term - 6 month, 1, 1.6 & 2Years.Minimum S.A. - Rs. 300,000/-Maximum maturity age. - 62 years.Mode of Premium: Single.Medical as per rules: fee borne by proposer.Policy Loan- Not AvailableAge Proof: Standard age proof required.Female: Category I & II Allowed.Non-medical scheme: Not allowed.

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TABLE NO. 58: Convertible Term Assurance: -(Without Profit)

Pure Term Assurance plan that gives an option to the policyholder to covert the same in to anendowment type policy or limited payment whole life policy. The option should be used before thelast 2 years from date of commencement.

BENEFITS:


On maturity payment = NIL (if not converted) ORFull Sum Assured + Bonus (if converted as above)

2) Death Benefit:

a) Natural OR Accidental Death:

Full Sum Assured. (If not converted) ORFull Sum Assured + Bonus (if converted as above)

FEATURES:

Minimum Age at Entry - 20 years CompletedMaximum Age at Entry: - 50, 44 & 43 years near birthday.

Policy Term: - 5, 6 & 7Years.Minimum S.A. - Rs. 50,000/-Maximum maturity age. - 55 years.Mode of Premium: ALL & Single.Medical as per rules: fee borne by Life Proposed.Policy Loan: - Not Available before conversionAge Proof: Standard age proof required.Female: Category I & II Allowed.Non-medical scheme: Not allowed.

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TABLE NO. 52: Mortgage Redemption: (Without Profit)

This plan is most useful for a person who has an outstanding loan against him. It offers insurancecover equal to outstanding loan amount at a very low premium which is payable for a limited term.

BENEFITS:

1. MATURITY BENEFIT: NIL

2. DEATH BENEFIT: Outstanding LOAN amount as on date of death

FEATURES:

Minimum Age at Entry - 18 years Completed

Maximum Age at Entry - 55 years near birthday. Premium Term - Less than or equal to 2/3 of Policy term.

Minimum S.A. - Rs. 10,000/- Maximum S.A.- Outstanding loan amount.

Maximum maturity age. - 60 years.

Mode of Premium: Single, Yly,Hly & Qtly. Medical as per rules: fee borne by LIC.

Policy Loan- Not Available

Age Proof: Standard & NSAP-I.

Female: Category I & II Allowed. Other requirements :

i. Letter of financial institution for loan.ii. Date of loan. Loan amount.iii. Rate of loan interest.iv. Term of Loan.

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HEALTH PLUS (Plan No. 901)

Unit linked Health Insurance plan which provides for insurance cover against following health risks:1. Hospital Cash Benefit (HCB)2. Major Surgical Benefit (MSB)3. Reimbursement of domiciliary treatment expenses

HCB is on per day basis. MSB shall be a percentage of sum assured.

The Principle Insured (PI) can take the policy covering himself / herself. The spouse and/or dependent children can be covered undethe policy. To be covered under the policy at inception of the policy only and if not done, will not be covered under the policy in future.

MATURITY BENEFIT: Net N A V is Payable at end of the term (Maxi. Age at maturity is 65 yrs of PI)

DEATH BENEFIT:

1. If

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