LIC’s NEW MONEY BACK PLAN 20 Years ( Plan No. 820 ) UIN : 512N280V01

LIC’s New Money Back Plan -20 years ~ Benefits Plan No. 75 New Money Back Plan – 20 years Plan No. 820 Maturity Benefit 40% of the Basic Sum Assured along with Vested Simple Reversionary Bonuses and Final Additional Bonus, if any. Death Benefit Basic Sum Assured(BSA) along with Vested Simple Reversionary Bonuses and ‘Sum Assured on Death’ along with Vested Simple Reversionary Bonuses and The death benefit as defined above shall not be less than 105% of total premiums* paid as on the date of death . No change Modification- ‘Sum Assured on Death' instead of SA

LIC’s New Money Back Plan -20 years ~ Benefits What is Sum Assured on Death? Sum Assured on Death shall be Higher of ~ 125% of Basic Sum Assured (1.25 x BSA) OR 10 times Annualised Premium.(10 x AP). [Premiums - excluding taxes, extra premiums and premiums for riders, if any]

LIC’s New Money Back Plan -20 years ~ Benefits Survival Benefit NO Change in SB Survival Benefit Policy Year 5th 10th 15th Survival Benefit Payable 20% Paid-up Value modified Money Back Plan -20 years Plan No. 75 New Money Back Plan – 20 years Plan No. 820 Paid-up value per thousand Sum Assured Paid –up value shall be equal to [(Number of premiums paid/ Total Number of premiums payable)x Basic Sum Assured less total amount of Survival Benefits paid under the policy. Year ‰ 6,11 70 15 50 2,7,12 140 16 120 3,8,13 210 17 190 4,9,14 280 18 260 19 330 20 400

New Money Back Plan – 20 years ( Plan No. 820) LIC’s New Money Back Plan -20 years ~ Eligibility Conditions and Restrictions Particulars Money Back Plan -20 years ( Plan No. 75) New Money Back Plan – 20 years ( Plan No. 820) Age at entry 13 to 50 years Age at Maturity Maximum 70 years Maximum 70 Years Policy Term 20 years Premium Paying Term 20 Years 15 Years Premium mode Yearly, Half-yearly, Quarterly, Monthly (SSS or ECS) Basic Sum Assured 50,000 and above 1,00,000 and above ( In multiples of 5000) Premium Paying term modified Minimum Sum Assured modified

LIC’s New Money Back Plan -20 years ~ Rebates Rate modified Mode Rebate Plan No. 75 Plan No. 820 Yearly 3% of tabular Premium 2% of tabular premium Half-yearly 1.5% of tabular premium 1% of tabular premium Quarterly Nil Slab & Rate modified Money Back Plan -20 years Plan No. 75 New Money Back Plan – 20 years Plan No. 820 Basic Sum Assured Rebate (Rs.) 1,00,000 and above 2.00‰ SA 5,00,000 and above 3.00‰ BSA 50001 to 1,00,000 1.00‰ SA 2,00,000 to 4,95,000 2.00‰ BSA Upto 50000 Nil 1,00,000 to 1,95,000

LIC’s New Money Back Plan -20 years ~ Loan Plan No. 75 New Money Back Plan – 20 years Plan No. 820 Available after payment of 3 full years premiums. Loan granted shall be 90% of the Surrender Value in case of inforce policies and 85% of the Surrender Value in case of Paid-up policies. The maximum amount of loan that can be granted as a percentage of Surrender Value be as under: For inforce and fully paid-up policies – upto 90% For paid-up policies – 80% Foreclosure action shall be initiated on default of 2 or more half-yearly loan interest installments. Foreclosure action shall not be taken under fully paid-up and inforce policies even if there is default of loan interest. % of loan modified

LIC’s New Money Back Plan -20 years ~ Surrender Value Plan No. 75 Plan No. 820 Guaranteed Surrender Value (GSV) Available after payment of 3 full years premiums. Before Payment of Survival Benefit: GSV shall be equal to 30% of the total premiums paid less First Year Premium and extra premium, if any. After Payment of Survival Benefit: GSV shall be 30% of the premiums paid after the due date on which last SB was paid less extra premium, if any. GSV shall be a percentage of total premiums paid (net of taxes) excluding extra premium, if any and premium paid for riders, if opted for. Less any survival Benefits already paid. Examples of GSV factors applicable for total premiums paid Policy Year ~ GSV factor 3 = 30% 5 = 50% t -1 = 80% (t=Policy Term) Cash Value of vested bonuses, if any. GSV factor applicable to vested bonus, if any. Examples of Vested bonus factors – Year of SV – Factor 3 16.21% 10 18.16% 19 30% No Change GSV % modified Bonus Payable modified

LIC’s New Money Back Plan -20 years ~ Surrender Value No change in SSV Money Back Plan -20 years Plan No. 75 New Money Back Plan – 20 years Plan No. 820 Special Surrender Value (SSV) Surrender Value shall be the discounted value of the Paid-up Sum Assured and vested simple reversionary bonuses. The discount factors shall be special surrender value factors as provided in Table-1A of the Special Surrender Value Booklet and will depend upon the policy term and duration elapsed since the commencement of the policy. Surrender Value Payable Surrender Value payable The Higher of Guaranteed Surrender Value and Special Surrender Value shall be payable.

LIC’s New Money Back Plan -20 years New Money Back Plan – 20 years Plan No. 75 New Money Back Plan – 20 years Plan No. 820 A Policy may be revived within a period of 5 years from the date of first unpaid premium. A Policy may be revived within a period of 2 years from the date of first unpaid premium. Taxes, if any , were borne by the corporation. Taxes, if any, shall be applicable at the prevailing rates and borne by the policyholder as per rules. There shall be no change in the following Items Back Dating Grace Period Assignment/Nomination