LIC’s Flexi Plus Plan No. 811

Flexi Plus - Highlights Life Insurance Protection Payment of Sum Assured on death Financial protection Payment of Fund Value on Maturity Liquidity Advantage – Partial Withdrawal allowed after 5 yrs Stock Market Advantage – Market linked Returns

Regular Premium ULIP Plan Life Cover Protection for full Sum Assured Multiple Benefits in case of Death- Immediate payment of full Sum Assured All future premiums credited to the policy account (In units) Payment of Fund value on Maturity Maturity Benefit -Fund Value Flexi Plus - Features

Maturity Benefits payable irrespective of survival of the Life Assured during the term. Partial Withdrawal after 5 years. Two funds to choose from - ‘Mixed Fund ‘ and ‘Debt Fund’. Four free switches during a policy year. Sum Assured dependent on premium. Flexi Plus - Features

Flexi Plus - Eligibility Conditions PARTICULARSMINIMIUMMAXIMUM Age at Entry18 years50 years Age at Maturity28 years60 years Policy term1020 Yearly Half-yearly Quarterly Monthly (ECS) NoteFor monthly(ECS), instalment premium shall be in multiples of Rs.250. For other modes annualised premium shall be in multiples of Rs. 1000/- Sum Assured (SA) SA shall be 10*AP or 105% of the total premiums paid including any premiums that have fallen due but not paid, whichever is higher.

Benefits payable on Death: Immediate lump sum payment equal to the Sum Assured shall be paid to the nominee / legal heir. An amount equal to sum of all future premiums payable after the date of death shall be credited to the Policyholder’s Fund. On the Date of Maturity an amount equal to the Policyholder’s Fund Value will be given to the nominee/legal heir. Benefits payable on Maturity: On Life Assured surviving the date of maturity, an amount equal to the Policyholder’s Fund Value is payable Flexi Plus - Benefits

Fund Type Investment in Government / Government Guaranteed Securities / Corporate Debt Short-term investments such as money market instruments Investment in Listed Equity Shares Details and objective of the fund for risk / return Debt Fund Not less than 60% Not more than 40% NilLow risk Mixed Fund Not less than 45% Not more than 40% Not less than 15% & Not more than 25% Steady Income – Low to Medium risk Flexi Plus - Investment Fund Types

Switching: A policyholder can switch between ‘Debt Fund’ and ‘Mixed Fund’ during the policy term, if he/she so desires. Four (4) such switches are free during a policy year. Partial Withdrawal: Partial Withdrawal is allowed after the fifth policy anniversary. Partial withdrawals may be in the form of fixed amount or in the form of fixed number of units. This facility is available to the policyholder only and subject to minimum balance of 2 Annualised Premiums in the Policyholder’s Fund. Flexi Plus - Additional Features

Surrender: On Surrender of the policy, Policyholder’s Fund Value is payable. There is no Discontinuance Charge after completion of 5 policy years. Before completion of 5 years, Discontinuance Charge is applicable to the Fund Value. The Fund Value so arrived shall be credited to the Discontinued Policy Fund. This Fund will earn a minimum guaranteed interest as applicable to savings bank account of State bank of India, and shall be payable on completion of 5 years. Revival: It should be noted that all the benefits under the policy are applicable only if the policy is in full force. If the due premium is not paid within the days of grace the policy lapses. In case of discontinuance before 5 years the policyholder shall have the right to revive such policy within 2 years from the date of discontinuance but not later than 5 years from the date of commencement subject to continued proof of insurability. Flexi Plus - Additional Features

DescriptionParticulars Age35 years Policy Term20 years Premium ModeYearly Premium Amount25000/- Fund TypeDebt Fund Maturity Value Assuming Gross Interest Rate of 6% p.a /- Maturity Value Assuming Gross Interest Rate of 10% p.a /- Flexi Plus - Simple Illustration

DescriptionParticulars Age35 years Policy Term20 years Premium ModeYearly Premium Amount25000/- Fund TypeMixed Fund Maturity Value Assuming Gross Interest Rate of 6% p.a /- Maturity Value Assuming Gross Interest Rate of 10% p.a /- Flexi Plus - Simple Illustration

Charges Premium Allocation Charge Mortality Charge Other Charges Policy Administration Charge Fund Management Charge Ser vic e Ta x When On payment of premium Every month.Every monthEvery Day As Pe r Pr ev ail in g Se rv ice ta x La w How much Premium Charge First Year 7.50% 2 nd to 5 th year 5.00% Thereafter 3.00% This Charge depends upon the age of the life Assured and the Sum at Risk. Policy Yr Charge 1 st Rs nd Rs rd Rs th Rs th Rs th Rs Thereafter – Debt Fund – 0.50% p.a. Mixed Fund – 0.60% p.a. (The NAV declared will be net of FMC) Description This is the percentage of premium appropriated towards charges from the premium received. Premium Allocation Rate=Premium Paid (- )Prem. Allo. Chrg. This is the cost of life cover. The appropriate number of units is cancelled out of the Policyholder’s Fund Value. This charge shall not be deducted after death of the Life Assured. Depends on type of Fund and are deductible on date of computation of NAV This Charge is not applicable to a discontinued policy. Flexi Plus - Charges

ChargeSwitching Miscellaneous charge Discontinuance When When switches exceed the 4 free switches in a given policy year. An alteration within the contract at the request of the policyholder On discontinuance of the policy before 5 policy years How muchRs.100/-Rs.50/- Depends on the policy year of discontinuance and premium amount Applicable in event of changes effected by the policyholder : Flexi Plus - Other Charges

For parents who want to protect their child’s financial need for a good education. For the financially prudent who have planned commitments to meet at the end of the term. For those who wish to save regularly for the future and reap the benefits at maturity. Flexi Plus - Highlights