1. Of As on Date 01 Sep 2015

2. LIC’s NEW ENDOWMENT PLAN Table No. 814 LIC’s NEW ENDOWMENT PLAN Table No. 814

3. Table No. 14 Endowment Assurance Plan Table No.814 New Endowment Plan Maturity Benefit Basic Sum Assured along with Vested Simple Reversionary Bonuses and Final Additional Bonus, if Any. Basic Sum Assured along with Vested Simple Reversionary Bonuses and Final Additional Bonus, if Any. Death Benefit Sum Assured (SA) along with Vested Simple Reversionary Bonuses and Final Additional Bonus, if any. ‘ Sum Assured on Death ’ along with Vested Simple Reversionary Bonuses and Final Additional Bonus, if any. The death benefit as defined above shall not be less than 105% of total premiums* paid as on the date of death. Modified ‘Sum Assured on Death' instead of SA. No change LIC’s New Endowment Plan – Benefits

4. What is Sum Assured on Death? Sum Assured on Death shall be Higher of ~ Basic Sum Assured (BSA) OR 10 times Annualised Premium.(10 x AP). [* The premiums mentioned in death benefit are excluding taxes, extra premiums and premiums for riders, if any ] LIC’s New Endowment Plan – Benefit on Death

5. Particulars Table No. 14 Endowment Assurance Plan Table No. 814 New Endowment Plan Age at entry12 to 65 years8 to 55 years Age at Maturity Maximum 75 yearsMaximum 75 Years Policy Term5 to 55 years12 to 35 years Premium mode Yearly, Half-yearly, Quarterly, Monthly (SSS or ECS) Basic Sum Assured 50000 and above 100000 and above ( In multiples of 5000) Eligibility Conditions and Restrictions LIC’s New Endowment Plan Age at entry modified Minimum Sum Assured Modified Policy term modified

6. Mode Rebate Table No. 14Table No. 814 Yearly 3% of tabular Premium2% of tabular premium Half-yearly 1.5% of tabular premium1% of tabular premium Quarterly Nil Table No 14 Endowment Assurance Plan Table No. 814 New Endowment Plan Basic Sum AssuredRebate (Rs.)Basic Sum AssuredRebate (Rs.) 100001 and above2.00‰ SA5,00,000 and above3.00‰ BSA 50001 to 1000001.00‰ SA2,00,000 to 4,95,0002.00‰ BSA Upto 50000Nil<1,95,000Nil Slab & Rate modified Rate modified LIC’s New Endowment Plan ~ Rebates

7. Table No. 14 Endowment Assurance Plan Table No. 814 New Endowment Plan 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 irrespective of the policy term. The maximum amount of loan that can be granted as a percentage of Surrender Value shall depend on the Policy Term, as given in the table below. Foreclosure action was 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. Policy TermUpto 2324 to 2728 to 3132 to 35 % for inforce policies 90%80%70%60% % for Paid-up policies 80%70%60%50% % of loan modified LIC’s New Endowment Plan ~ Policy Loan

8. Table No.14Table No. 814 Guaranteed Surrender Value (GSV) Available after payment of 3 full years premiums. GSV shall be equal to 30% of the total premiums paid less First Year Premium and 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. 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 – Policy Term – Factor 3 12 18.60% 19 25 20.85% 29 30 30% LIC’s New Endowment Plan ~ Surrender Value GSV % modified Bonus Payable modified No Change

9. Table No. 14 Endowment Assurance Plan Table No. 814 New Endowment Plan 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 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 PayableSurrender Value payable The Higher of Guaranteed Surrender Value and Special Surrender Value shall be payable. No change in SSV LIC’s New Endowment Plan

10. Table No 14 Endowment Assurance Plan Table No 814 New Endowment plan 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 Paid-up Value Assignment/Nomination LIC’s New Endowment Plan ~ Table No. 814

11. ‘Sum Assured on Death’ has been defined separately. Age at entry has been reduced. Percentage of Loan payable as a percentage of Surrender Value shall depend upon policy term. GSV percentage shall also depend on policy term and year of Surrender. Rebates for high SA and premium mode modified. LIC’s New Endowment Plan – Changes over Table No.14 LIC’s New Endowment Plan – Changes over Table No.14

12. LIC’s NEW JEEVAN ANAND PLAN Plan No. 815 LIC’s NEW JEEVAN ANAND PLAN Plan No. 815

13. Jeevan Anand Plan No. 149 New Jeevan Anand Plan No. 815 Maturity Benefit Basic Sum Assured along with Vested Simple Reversionary Bonuses and Final Additional Bonus, if Any. Basic Sum Assured along with Vested Simple Reversionary Bonuses and Final Additional Bonus, if Any Death Benefit During the policy term Basic Sum Assured(BSA) along with Vested Simple Reversionary Bonuses and Final Additional Bonus, if any. After expiry of policy term Basic Sum Assured During the policy term ‘Sum Assured on Death’ along with Vested Simple Reversionary Bonuses and Final Additional Bonus, if any. After expiry of policy term Basic Sum Assured Modification- ‘Sum Assured on Death' instead of BSA No chang e LIC’s New Jeevan Anand Plan– Benefits

14. 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 Annual Premium.(10 x AP). ≈≈≈≈ The death benefit as defined above shall not be less than 105% of total premiums* paid as on the date of death. [* excluding taxes, extra premiums and premiums for riders, if any ] LIC’s New Jeevan Anand Plan– Benefits

15. Particulars Jeevan Anand Plan No. 149 New Jeevan Anand Plan No. 815 Age at entry18 to 65 years18 to 50 years Age at Maturity Maximum 75 yearsMaximum 75 Years Policy Term5 to 57 years15 to 35 years Premium mode Yearly, Half-yearly, Quarterly, Monthly (SSS or ECS) Basic Sum Assured 100000 and above ( In multiples of 5000) Maximu m Age at entry reduced. Policy term modified LIC’s New Jeevan Anand Plan– Eligibility Conditions and Restrictions LIC’s New Jeevan Anand Plan– Eligibility Conditions and Restrictions

16. Mode Rebate Plan 149Plan No. 815 Yearly3% of tabular Premium2% of tabular premium Half-yearly1.5% of tabular premium1% of tabular premium QuarterlyNil Plan No 149 Jeevan Anand Plan No. 815 New Jeevan Anand Basic Sum AssuredRebate (Rs.)Basic Sum AssuredRebate (Rs.) 10,00,000 and above1.75‰ BSA10,00,000 and above3.00‰ BSA 5,00,000 to 9,95,0001.50‰ BSA5,00,000 to 9,95,0002.50‰ BSA 3,00,000 to 4,95,0001.00‰ BSA2,00,000 to 4,95,0001.50‰ 1,00,000 to 2,95,000Nil1,00,000 to 1,95,000Nil Slab & Rate modified Rate modified LIC’s New Jeevan Anand Plan– Rebates

17. Jeevan Anand Plan No. 149 New Jeevan Anand Plan No.815 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 irrespective of the policy term. The maximum amount of loan that can be granted as a percentage of Surrender Value shall depend on the Policy Term, as given in the table below. Foreclosure action was 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 a default of loan interest. Policy TermUpto 2324 to 2728 to 3132 to 35 % for inforce policies90%80%70%60% % for Paid-up policies 80%70%60%50% % of loan modified LIC’s New Jeevan Anand Plan– Loan

18. Plan No.149Plan No. 815 Guaranteed Surrender Value (GSV) Available after payment of 3 full years premiums. GSV shall be equal to 30% of the total premiums paid less First Year Premium and 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. 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 – Policy Term – Factor 3 15 17.66% 19 25 20.85% 29 30 30% GSV % modified Bonus Payable modified No Change LIC’s New Jeevan Anand Plan– Surrender Value

19. Jeevan Anand Plan No. 149 New Jeevan Ananad Plan 815 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 surrender value factors as provided in Table-1A and 2A(whole life) of the Special Surrender Value Booklet and will depend upon the policy term and duration elapsed since the commencement of the policy. The discount factors shall be Special surrender value factors as provided in Table-1A and 2A(Whole life) of the Special Surrender Value Booklet and will depend upon the policy term and duration elapsed since the commencement of the policy. Surrender Value PayableSurrender Value payable The Higher of Guaranteed Surrender Value and Special Surrender Value shall be payable. No change in SSV LIC’s New Jeevan Anand Plan– Surrender Value

20. Jeevan Anand Plan No. 149 New Jeevan Anand Plan No. 815 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. Accident Benefit inbuilt.Accident Benefit as a rider. 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 Paid-up Value Assignment/Nomination LIC’s New Jeevan Anand Plan

22. Bima Bachat Plan Plan No. 175 New Bima Bachat plan Plan No. 816 Maturity Benefit Single Premium Paid along with loyalty addition less extra premiums,if any. Single Premium Paid along with loyalty addition less Taxes and extra premiums,if any Death Claim Benefit Payment of Sum AssuredFirst 5 years: Sum Assured shall be payable. After completion of 5 years: Sum Assured and Loyalty Additions, if any shall be payable. LIC’s New Bima Bachat Plan Benefits Death Benefit Modified

23. Year-> Term ↓ SURVIVAL BENEFIT ( as a percentage of Sum Assured ) 3 RD 6 TH 9 TH 12 TH 15th 915% MATXXX 1215% MAT 1515% MAT LIC’s New Bima Bachat Plan - Benefits There is no change in the percentage of Survival Benefit payable under Bima Bachat – Plan 175 and New Bima Bachat Plan - 816 No Change in SB

24. Particulars Description Plan No 175 Bima Bachat Plan No. 816 New Bima Bachat Age at entry 15 to 66 years irrespective of the policy term MinimumMaximum 15 years Term = 9Term = 12Term = 15 66 yrs63 yrs60 yrs Age at Maturity Maximum 75 Years Maximum 75 Years Policy Term 9, 12 and 15 years Basic Sum Assured Minimum 20000 and in multiple of Rs 5000 No upper limit MinimumMaximum Term = 9Term = 12Term = 15 Term = 9/12/15 350005000070000 No upper Limit SA shall be in multiple of Rs.5000 LIC’s New Bima Bachat Plan Eligibility Conditions and Restrictions Age at Entry and SA based on policy term

25. New Bima Bachat Plan 816 Policy Term Sum Assured Band % of Tabular Premium 9 years Less than 75000 Nil 75000 to less than 150000 6% 150000 and above 8% 12 years Less than 100000 Nil 100000 and less than 200000 4% 200000 and above 6% 15 years Less than 150000 Nil 150000 and less than 300000 3% 300000 and above 5% LIC’s New Bima Bachat Plan High Sum Assured RebatE Bima Bachat Plan No. 175 Policy Term Sum Assured Band % of Tabul ar premi um Policy term – 9,12 and 15 years Less than 50000 Nil 50000 and less than 100000 5% 100000 and less than 200000 7% 200000 And above 8% High Sum Assured rebate based on Term and SA Band

26. LIC’s Bima Bachat Plan No 175 LIC’s Bima Bachat Plan No. 816 Available after completion of 1 year. Available at any time during the policy term subject to realisation of the premium cheque. No Loyalty Addition payable. Higher of GSV or SSV payable Guaranteed Surrender Value (GSV) GSV is equal to 90% of the single premium paid excluding extra premium and less amount of Survival benefits paid earlier. 1 st Year ~ 70% of Single Premium excluding taxes and extra premium,if any. Thereafter ~ 90% of Single Premium excluding all Survival Benefits paid earlier, taxes and extra premium, if any. Special Surrender Value (SSV) Discounted value of Single Premium paid excluding extra premium, if any. Discounted value of Single Premium paid excluding taxes and extra premium,if any. LIC’s New Bima Bachat Plan Surrender Value SV available at any time. GSV modified

27. LIC’s Bima Bachat Plan No 175 LIC’s Bima Bachat Plan No. 816 Loan available after payment of first premium. Loan facility available after completion of 1 policy year Loan can be granted upto 90% of the Special Surrender Value Loan can be granted upto 60% of Surrender Value. LIC’s New Bima Bachat Plan - Loan Loan ~ Modified

28. Table No 175 Bima Bachat Plan Table No 816 New Bima Bachat Plan Service Tax was borne by the corporation. Service Tax 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 Paid-up Value Assignment/Nomination LIC’s New Bima Bachat Plan

29. LIC’s Single Premium Endowment Plan Plan No. 817 UIN 512N283V01

30. LIC’s SINGLE PREMIUM ENDOWMENT PLAN – Highlights LIC’s SINGLE PREMIUM ENDOWMENT PLAN – Highlights  Single Premium  With Profit Endowment Plan  Minimum Age at entry is 90 days  Loan available after completion of one year  Back dating is allowed

31. Death Benefit Maturity Benefit Sum Assured Plus Simple Reversionary Bonuses Plus Final Additional Bonus, if any. After Commencement of Risk Before Commencement of Risk # Sum Assured plus vested Simple Reversionary bonuses and final additional bonus, if any. Return of Single Premium excluding taxes and extra premiums, if any. # In case the age at entry of Life Assured is less than 8 years, risk will commence either 2 years from the DOC OR policy anniversary after completion of 8 years of age whichever is earlier, for others risk shall commence immediately. LIC’s SINGLE PREMIUM ENDOWMENT PLAN

32. Loan  Available after completion of 1 policy year.  Amount of loan will depend on year of Policy and Policy Term.  The maximum loan shall be granted as a percentage of Surrender Value(SV). Policy Year → Term ↓ 236912 13 and above Upto 15 yrs 55%60%80%90% 16 to 20 yrs 40%45%60%80%90% 21 yrs and above 30% 45%60%80%90% Some Examples of Loan as a percentage of Surrender Value are given below - LIC’s SINGLE PREMIUM ENDOWMENT PLAN

33. ParticularsDescription Age at entry 90 days (completed) to 65 years (nearest birthday) Age at Maturity18 to 75 years Policy Term10 to 25 years Premium modeSingle Premium only Basic Sum Assured 50000 and above ( In multiples of 5000) – No upper Limit. Sum Assured 3,00,000 and above 2,00,000 to 2,95,000 1,00,000 to 1,95,000 50,000 to 95,000 Rebate (Rs.)30‰ SA25‰SA18‰SANil Rebate for High Sum Assured Eligibility Conditions and Restrictions LIC’s SINGLE PREMIUM ENDOWMENT PLAN

34. The policy can be surrendered at any time during the policy term. Higher of Guaranteed Surrender Value or Special Value shall be payable. Guaranteed Surrender Value(GSV): 1 st Year ~ 70% of Single Premium excluding taxes and extra premium, if any. Thereafter ~ 90% of Single Premium excluding taxes and extra premium, if any. Plus Surrender Value of vested bonuses. Special Surrender Value (SSV): Discounted value of Sum Assured and vested simple reversionary bonuses LIC’s SINGLE PREMIUM ENDOWMENT PLAN

35. S~ Single Premium -One time investment. P~ Protection -Risk Cover # for full Sum Assured. E~ Excellent for meeting educational needs of young ones. C~ Children from the age of 90 days can be covered. I~ Ideal for investment planning-Wide range of policy term. A~ Attractive - participates in profits. L~ Liquidity through Loan. Why LIC’s SINGLE PREMIUM ENDOWMENT PLAN …………Because it is SPECIAL

36. LIC’s New Jeevan Nidhi Plan No. 818

37. LIC’s New Jeevan Nidhi - Highlights Life Protection ~ Insurance Cover upto Date of Vesting Pension ~ Option To purchase an Immediate Annuity or To purchase New Single Premium Deferred Pension Plan Guaranteed Additions ~ For the first 5 years @ Rs.50‰ Basic Sum Assured

38. LIC’s New Jeevan Nidhi - Highlights Participation in Profits ~ After 6 th policy year, benefit of Vested Bonus and Final Additional Bonus (if any). Flexibility ~ Premium Payment Frequency-SinglePremium, Yearly,Half-yearly,Quarterly,Monthly(ECS/SSS) Customisation – Option for Accident Benefit Rider under Regular Premium Policies only.

39. DescriptionMinimumMaximum Age at Entry 20 years60 years Age at Vesting 55 years65 years Deferment period 5 years35 years Sum Assured Single Premium Rs.150000/- No Limit Regular Premium Rs.100000/- The Sum Assured under Basic Plan shall be in multiples of Rs.5000/- Premium Mode Single Premium, Yearly, Half-yearly, Quarterly, Monthly [ECS or SSS] LIC’s New Jeevan Nidhi- Eligibility Conditions

40. LIC’s New Jeevan Nidhi - Benefits Benefit on Vesting Basic Sum Assured + Accrued Guaranteed Additions + Vested Simple Reversionary Bonuses &Final Additional Bonus(if any) Commute as per Income Tax rules and purchase Immediate Annuity with the balance amount at the then prevailing Immediate annuity rate Purchase a new Single Premium deferred pension product from LIC

41. LIC’s New Jeevan Nidhi - Benefits Death Benefit First 5 policy years 6 th year onwards Basic Sum Assured + Accrued Guaranteed Additions Basic Sum Assured + Accrued Guaranteed Additions + Vested Bonuses & Final Additional Bonus (if any ) The Benefit shall be paid to the nominee as lump sum OR In the form of Annuity OR Partly in lump sum and balance in the form of Annuity at the then prevailing Immediate annuity rates

42. LIC’s New Jeevan Nidhi - Profits Guaranteed Additions Payable for the first five years @ Rs.50/- per thousand Basic Sum Assured for each completed year. Participation in profits Simple Reversionary Bonus shall be added from the 6 th policy year onwards till the end of the deferment period and at such rates as may be declared by the Corporation. Final Additional Bonus shall be payable either on vesting or on earlier death at the rates declared by the Corporation.

43. EventBenefits Death due to Accident Accident Benefit Sum Assured will be payable as lump sum along with the death benefit under the Basic plan. Disability due to Accident All Future Premiums are waived and An amount equal to the Accident Benefit Sum Assured will be paid in monthly installments spread over 10 years. DescriptionMinimumMaximum Age at Entry20 years60 years Sum AssuredRs. 100000/- Rs.50 lakh overall limit considering the Accident Benefit Sum Assured in respect of all existing/proposed individual life insurance and group policies TermSame as Basic Plan LIC’s New Jeevan Nidhi – Accident Benefit Rider Eligibility Condition for Accident Benefit Rider

44. LIC’s New Jeevan Nidhi - Other features Back –dating – Allowed within same Financial year. Revival -A policy may be revived within a period of 5 years from the date of First Unpaid premium and before the date of vesting by payment of Arrears of premium plus Interest and subject to continued insurability. Surrender-The policy can be surrendered at any time on payment of at least 3 years’ premiums and after completion of at least 3 policy years but before the date on which annuity vests. The Surrender Value payable shall be the higher of Guaranteed Surrendered Value and Special Surrender Value. The Surrender proceeds shall be utilized to purchase an immediate annuity product or a new Single Premium deferred pension product from LIC. Claims Concession - Allowed

45. Jeevan Nidhi meets all your needs across the time horizon- Life cover now and Pension afterwards! Life Insurance cover till the date of vesting For the wellbeing of your loved ones! And Annuity/Pension after vesting- For your wellbeing in later years!!! Why-LIC’s New Jeevan Nidhi !!!

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

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

48. 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

49. Survival Benefit Policy Year 5th10 th 15 th Survival Benefit Payable 20% 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‰ ‰ 6,11701550 2,7,1214016120 3,8,1321017190 4,9,1428018260 19330 20400 LIC’s New Money Back Plan -20 years ~ Benefits NO Change in SB Paid-up Value modified

50. Particulars Money Back Plan -20 years ( Plan No. 75) New Money Back Plan – 20 years ( Plan No. 820) Age at entry13 to 50 years Age at MaturityMaximum 70 yearsMaximum 70 Years Policy Term20 years Premium Paying Term 20 Years15 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 LIC’s New Money Back Plan -20 years ~ Eligibility Conditions and Restrictions LIC’s New Money Back Plan -20 years ~ Eligibility Conditions and Restrictions Minimum Sum Assured modified

51. Mode Rebate Plan No. 75Plan No. 820 Yearly3% of tabular Premium2% of tabular premium Half-yearly1.5% of tabular premium1% of tabular premium QuarterlyNil Money Back Plan -20 years Plan No. 75 New Money Back Plan – 20 years Plan No. 820 Basic Sum AssuredRebate (Rs.)Basic Sum AssuredRebate (Rs.) 1,00,000 and above2.00‰ SA5,00,000 and above3.00‰ BSA 50001 to 1,00,0001.00‰ SA2,00,000 to 4,95,0002.00‰ BSA Upto 50000Nil1,00,000 to 1,95,000Nil Slab & Rate modified Rate modified LIC’s New Money Back Plan -20 years ~ Rebates

52. Money Back Plan -20 years 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 ~ Loan

53. Plan No. 75Plan 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% GSV % modified Bonus Payable modified No Change LIC’s New Money Back Plan -20 years ~ Surrender Value

54. 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 PayableSurrender Value payable The Higher of Guaranteed Surrender Value and Special Surrender Value shall be payable. No change in SSV LIC’s New Money Back Plan -20 years ~ Surrender Value

55. 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 LIC’s New Money Back Plan -20 years

56. LIC’s NEW MONEY BACK PLAN 25 Years ( Plan No. 821 ) UIN:51278VO1 LIC’s NEW MONEY BACK PLAN 25 Years ( Plan No. 821 ) UIN:51278VO1

57. Money Back Plan -25 years Plan No. 93 New Money Back Plan – 25 years Plan No. 821 Maturity Benefit 40% of the Basic Sum Assured along with Vested Simple Reversionary Bonuses and Final Additional Bonus, if Any. 40% of the Basic Sum Assured along with Vested Simple Reversionary Bonuses and Final Additional Bonus, if Any Death Benefit Sum Assured(SA) along with Vested Simple Reversionary Bonuses and Final Additional Bonus, if any. ‘Sum Assured on Death’ along with Vested Simple Reversionary Bonuses and Final Additional Bonus, if any. The death benefit as defined above shall not be less than 105% of total premiums* paid as on the date of death. Modification- ‘Sum Assured on Death' instead of SA No change LIC’s New Money Back Plan -25 years ~ Benefits

58. 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 -25 years ~ Benefits

59. Survival Benefit Policy Year 5th10 th 15 th 20 th Survival Benefit Payable 15% Money Back Plan -25 years Plan No. 93 New Money Back Plan – 25 years Plan No. 821 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‰ ‰ 6,11,16622090 2,7,12,1712421152 3,8,13,1818622214 4,9,14,1924823276 24338 25400 LIC’s New Money Back Plan -25 years ~ Benefits NO Change in SB Paid-up Value modified

60. Particulars Money Back Plan -25 years ( Plan No. 93) New Money Back Plan – 25 years ( Plan No. 821) Age at entry13 to 45 years Age at MaturityMaximum 70 yearsMaximum 70 Years Policy Term25 years Premium Paying Term 25 Years20 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 LIC’s New Money Back Plan -25 years ~ Eligibility Conditions and Restrictions LIC’s New Money Back Plan -25 years ~ Eligibility Conditions and Restrictions Minimum SA modified

61. Mode Rebate Plan No. 93Plan No. 821 Yearly3% of tabular Premium2% of tabular premium Half-yearly1.5% of tabular premium1% of tabular premium QuarterlyNil Money Back Plan -25 years Plan No. 93 New Money Back Plan – 25 years Plan No. 821 Basic Sum AssuredRebate (Rs.)Basic Sum AssuredRebate (Rs.) 1,00,000 and above2.00‰ SA5,00,000 and above3.00‰ BSA 50001 to 1,00,0001.00‰ SA2,00,000 to 4,95,0002.00‰ BSA Upto 50000Nil1,00,000 to 1,95,000Nil Slab & Rate modified Rate modified LIC’s New Money Back Plan -25 years ~ Rebates

62. Money Back Plan -25 years Plan No. 93 New Money Back Plan – 25 years Plan No. 821 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 -25 years ~ Loan

63. Plan No. 93Plan No. 821 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 15.28% 20 21.99% 24 30% GSV % modified Bonus Payable modified No Change LIC’s New Money Back Plan -25 years ~ Surrender Value

64. Money Back Plan -25 years Plan No. 93 New Money Back Plan – 25 years Plan No. 821 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 PayableSurrender Value payable The Higher of Guaranteed Surrender Value and Special Surrender Value shall be payable. No change in SSV LIC’s New Money Back Plan -25 years ~ Surrender Value

65. Money Back Plan -25 years Plan No. 93 New Money Back Plan – 25 years Plan No. 821 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 LIC’s New Money Back Plan -25 years

66. LIC’s New ANMOL JEEVAN II Plan No. 822

67. LIC’s ANMOL jeevan II FEATURES Pure Term Assurance Policy Low premium, high risk cover plan Ideal for: Youngsters who have just started their career People not interested in returns but pure risk cover only People with financial liabilities

68. LIC’s ANMOL jeevan II Low Cost – benefit High risk cover for low premium cost Risk cover available till age 65 Sum assured is payable to nominee on death of the policyholder

69. LIC’s ANMOL jeevan II Cost Effective Get higher amount of insurance cover at a very fractional cost as compared to a traditional endowment or whole life insurance plan

70. LIC’s ANMOL jeevan II DEATH BENEFIT Full Sum Assured is paid to the Nominee in the event of death of the Policy Holder

71. LIC’s ANMOL jeevan II Maturity No maturity benefit would be payable to the policyholder at the end of the term

72. LIC’s ANMOL jeevan II Features not available in the plan Maturity - No Maturity would be given to the policyholder at the end of the term Surrender value - No surrender value will be available under this plan Loan - Loan facility is not available in this plan Paid up value -The policy will not acquire any paid up value

73. LIC’s ANMOL jeevan II PLAN SPECIFICATION TermAgeSum Assured Minimum 5 yrs 18 yrs (completed) 6,00,000 Maximum25 yrs 55 yrs (nearest birthday) 24,00,000

74. LIC’s ANMOL jeevan II Why term plan from LIC? India's largest life insurance company No 1 in claim settlement among all insurance companies in India Market leader in terms of market share and first year premium of policies

75. LIC’s ANMOL jeevan II LIC’s Claim Settlement Performance (2012-13) Total claims settled— 183.63 lakh claims, amounting to Rs.74077.84 crores. 52.53% of Maturity Claims settled on or before the date of maturity. 88.05% of Non-early Death claims settled within 15 days of intimation. Outstanding Claims Ratio—(Maturity + Survival Benefit): 0.53% Outstanding Claims Ratio—(Death Claims) : 1.04%

76. LIC’s ANMOL jeevan II Is it worth buying the cheapest term policy in the market? Cheapest may not always be the best Check the claim settlement record of the company before buying?

77. LIC’s New ANMOL JEEVAN II Plan No. 822

78. LIC’s ANMOL jeevan II FEATURES Pure Term Assurance Policy Low premium, high risk cover plan Ideal for: Youngsters who have just started their career People not interested in returns but pure risk cover only People with financial liabilities

79. LIC’s ANMOL jeevan II Low Cost – benefit High risk cover for low premium cost Risk cover available till age 65 Sum assured is payable to nominee on death of the policyholder

80. LIC’s ANMOL jeevan II Cost Effective Get higher amount of insurance cover at a very fractional cost as compared to a traditional endowment or whole life insurance plan

81. LIC’s ANMOL jeevan II DEATH BENEFIT Full Sum Assured is paid to the Nominee in the event of death of the Policy Holder

82. LIC’s ANMOL jeevan II Maturity No maturity benefit would be payable to the policyholder at the end of the term

83. LIC’s ANMOL jeevan II Features not available in the plan Maturity - No Maturity would be given to the policyholder at the end of the term Surrender value - No surrender value will be available under this plan Loan - Loan facility is not available in this plan Paid up value -The policy will not acquire any paid up value

84. LIC’s ANMOL jeevan II PLAN SPECIFICATION TermAgeSum Assured Minimum 5 yrs 18 yrs (completed) 6,00,000 Maximum25 yrs 55 yrs (nearest birthday) 24,00,000

85. LIC’s ANMOL jeevan II Why term plan from LIC? India's largest life insurance company No 1 in claim settlement among all insurance companies in India Market leader in terms of market share and first year premium of policies

86. LIC’s ANMOL jeevan II LIC’s Claim Settlement Performance (2012-13) Total claims settled— 183.63 lakh claims, amounting to Rs.74077.84 crores. 52.53% of Maturity Claims settled on or before the date of maturity. 88.05% of Non-early Death claims settled within 15 days of intimation. Outstanding Claims Ratio—(Maturity + Survival Benefit): 0.53% Outstanding Claims Ratio—(Death Claims) : 1.04%

87. LIC’s ANMOL jeevan II Is it worth buying the cheapest term policy in the market? Cheapest may not always be the best Check the claim settlement record of the company before buying?

88. Jeevan Rakshak Plan No.827

111. LIC Limited payment Endowment plan Table No. 830

112. PLAN HIGHLIGHTS Conventional with-profits endowment assurance plan Limited premium payment term

113. BASIC CONDITIONS Minimum Age at Entry18 Years Maximum Age at Entry62 limit Policy Term12/16/21 years Minimum Maturity Sum Assured 3,00,000 Maximum Sum AssuredNo Limit (in multiples of 10,000) Premium Paying Term8 & 9 years

114. BENEFITS MATURITY BENEFIT MATURITY BENEFIT  Maturity Sum Assured + Simple Reversionary Bonus+ Final Addition Bonus (if any)

115. BENEFITS DEATH BENEFIT DEATH BENEFIT  Maturity Sum Assured + Simple Reversionary Bonus+ Final Addition Bonus (if any)

116. With profit plan

117. BENEFITS 1. Installment Benefit: After completion of Age : 18 - 20% of S.A. " 20 - 20% of S.A. " 22 - 20% of S.A. 2. Maturity Benefit: This Policy Matures at the Age 25 40% of S.A. + Bonus + F.A.B.

118. Option to defer the Survival Benefit(s): The policyholder will have the option to take the survival benefit (s) at any time on or after its due date. In case of deferment of a due survival benefit(s) opted by the policyholder, the Corporation will pay increased survival benefit (s) equal to Survival Benefits % * Sum Assured * Factor applicable to Survival Benefit (s)

119. Death Benefit: After Risk Cover: Natural or Accidental Death Full S.A. + Bonus + F.A.B. the actual risk cover only after completing age of 8 years or after two years from the date of commencement of Policy whichever is earlier. If death occurs before this period, only the premiums paid excluding taxes, extra premium and rider premium, if any shall be payable as claim.

120. Mini & Maxi Age at entry0 to 12 lbd. Age at maturity25 years. Policy Term & P.P.T.(25- age at entry) years. RidersPWB available Premium ModeYly, Hly, Qly, SSS and ECS. Mini Sum assured100,000 Maxi SAequal to parent’s insurance Mode Rebate:Yly: 2% of TP,Hly: 1% of TP, Date BackingLean month benefit allowed. Surrender & loanAllowed. High Sum Assured Rebate:Basic S ARebate (Rs.) 1,00,000 to 1,90,000 Nil 2,00,000 to 4,90,000 2 5,00,000 and above 3 Proposal Form 340 or 360 and 300 (in case of PWB),

122.  Benefits payable on maturity:  “Sum Assured on Maturity” + bonuses & Final Additional bonus, if any is payable.

123. Benefits payable on death: Sum Assured on Death + Bonuses & Final Additional Bonus, if any, shall be payable in following manner. Annual Income Benefit equal to 10% of the Basic Sum Assured (till policy anniversary prior to date of maturity) Assured Absolute Amount of 110% of Basic Sum Assured, payable (on due date of maturity) Along with Bonuses & Final Additional Bonus, if any, on maturity. (on due date of maturity)

124. Eligibility: Mini & Maxi Age at entry18 to 50 years lbd. Age at maturity65 years. Policy Term 13 to 25 years. PPT(Policy Term - 3) years Premium ModeYly, Hly, Qly, SSS and ECS. Mini Sum assured100,000. No upper Limit. Riders: DAB available upto 1 crore &Term Rider upto 25 Lacs including previous TR. Age proofOnly Standard age proof and NSAP I & II acceptable.** Mode Rebate: Yly: 2% of TP, Hly: 1% of TP, Qtly & monthly : NIL

125.  Date BackingAllowed with Lean month benefit.  Surrender & loanAllowed.  FemaleAll categories allowed. **  Non Medicalallowed as per present rules. **  NRI Allowed for Both NRI and FNIO in V,VI & VIII countries. **  High S A Rebate:Basic Sum AssuredRebate (Rs.)  1,00,000 to 1,90,000 Nil  2,00,000 to 4,90,0002  5,00,000 and above3  Proposal Form 300 

126. LIC’S PLAN NO. 834 JEEVAN TARUN PLAN

127. INTRODUCTION Lic Jeevan Tarun plan 834 is a Non-linked, with-profits, optional money back plan which was introduced by LIC (Life Insurance Corporation of India). It is a limited premium plan specially designed to meet the specific expenses such as children's education, marriage and other needs in the future.

128. Entry Age Minimum: 90 days Maximum: 12 years

129. Minimum/Maximum Maturity Age 25 years

130. Policy term 25 years – Age at entry (years)

131. Premium Paying Term 20 years – Age at entry (years)

132. Sum Assured (SA) Minimum: Rs. 75,000/- Maximum: No limit (SA shall be in multiples of 5,000/- from SA 75,000/- to 1,00,000/- 10,000/- for SA above 1,00,000/-)

133. Survival Benefit Policy Anniversary coinciding with / following the completion of ages Percentage of Sum Assured to be paid as SB (Survival Benefit) Option 1Option 2Option 3Option 4 20 to 24 yearsNil 5% each year 10% each year 15% each yea

134. Maturity Benefit On Survival of the life assured till the end of the policy term, Maturity Benefit = Sum Assured on maturity + vested Simple Reversionary Bonuses + Final Additional Bonus, if any OptionsMaturity Benefit Option 1100% of Sum Assured Option 2 75% of Sum Assured Option 3 50% of Sum Assured Option 4 25% of Sum Assured

135. Death Benefit On Death before the Date of commencement of risk: Death benefit = Total no. of premiums paid – taxes, extra premium and rider premium (if any) On Death after the Date of commencement of risk: Death benefit = ‘Sum Assured on death’ + vested Simple Reversionary Bonuses + Final Additional Bonus, if any.

136. Premium Waiver Benefit Rider Entry Age: Minimum: 18 years Maximum: 55 years Term of the Rider: 20 – Age of the child at the time of opting the rider Maximum Cover ceasing age:70 years

137. New Endowment Plus Plan No. 835 UNIQUE IDENTICATION NO 512L301V01

138. Salient Features New Endowment Plus is ULIP Plan. This Plan came after a gap of nearly 2 years after last ULIP Plan was withdrawn. This Plan has been developed considering past experience and new IRDA guidelines providing safety of capital with some new very unique features to safe guard customer interest.

139. Parameters Minimum Age : 90 days (LBD) Maximum Age:50 Years (NBD) Maximum Maturity Age: 60 Years (NBD) Minimum Entry Age DAB:18 Years (LBD) Maximum Entry Age DAB:55 Years (NBD) Minimum Term:10 Years Maximum Term:20 Years Minimum Premium..Yearly:20000..Half Yearly:13000..Quarterly`: 8000..Monthly (ECS): 3000

140. Life Risk Cover 10 times of Annualized premium or 105% of total premiums paid or Fund Value of invested amount whichever is higher.

141. How this policy runs First, Customer chooses the amount he wants to invest and term. He can choose, yearly/Half Yearly/ Quarterly/ Monthly ECS Mode. He also decides the term which could be 10 to 20 years Life Risk cover is 10 times of annualized premium or 105% of total premium paid, whichever is higher.

142. As already stated, Minimum Yearly premium is Rs 20000/- For Half Yearly/Quarterly & Monthly (ECS) modes it is Rs 13000/8000 & 3000 respectively. For example, one wants to invest Rs 10000 monthly premium. Then the risk will be 10000x12x10 =1200000/-

143. On death during the term, nominee gets either sum assured or total accumulated funds whichever is higher. If DAB opted, and person dies by accident then another sum assured is also paid. Taking the example, person paying Rs 10000 pm for 5 years and he dies. He has already paid Rs 600000. His nominee will get Rs 1200000. However, if total fund for example is Rs 1300000, then nominee gets Rs1300000.

144. Salient Features of New Endowment Plus If policy holder survives opted term and he has paid all premiums then at the end of said term (maturity) he is paid fund generated from his investments. settlement optionsHe/she has 2 options to take his/her moneys. This is called settlement options 1.He can take full amount immediately. 2.He can ask for payment in 5 yearly or 10 Half-yearly installment. In this case total units available in his account are divided into 10 equal parts. 1/10 th is paid every half yearly at NAV of units on such date.

145. Expenses to be recovered : Premium Band (per annum) Allocation charge First year 2 nd to 5 th year thereafter 20000 & above7.50%5.00%3%

146. Expenses during the Term Since policy holder’s balance amount has been converted into Units, LIC shall recover Mortality, Dab, Policy Administration charges and Fund Management Charges by canceling units at prevalent NAV.

147. Options for Investment Fund TypeInvestment 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 Bond Fund Not less than 60%] Not more than 40% NilLow risk Secured Fund Not less than 45% Not more than 40% Not less than 15% & Not more than 55% Steady Income – Lower to Medium risk Balanced Fund Not less than 30% Not more than 40% Not less than 30% & Not more than 70% Balanced Income and growth – Medium risk Growth Fund Not less than 20% Not more than 40% Not less than 40% & Not more than 80% Long term Capital growth – High risk

148. Discontinued Fund A new concept. As per norms, policy holder has to run this policy for minimum 5 years. After this, he can simply surrender the policy. However, if due to reasons, he is not in position to pay premiums for 5 years, then policy lapses in around 2 months. After this period, policy is considered as surrendered and after deducting surrender charges, LIC compulsorily converts balance fund in a Discontinued fund. This fund invests moneys in Money markets and government securities. Presently interest on this securities is near to 8%. However, as per IRDA, we minimum guarantee 4%. Both ways customer loses nothing. This is a new feature to protect customer interest as his balance invested money still earn a handsome return

149. Surrender Allowed after 5 completed years. If policy holder wants to surrender before 5 years, then surrender charges are applicable. After 4 years no surrender charges. Where the policy is discontinued during the policy year Discontinuance charges for the policies having annualized premium up to Rs. 25,000/- Discontinuance charges for the policies having annualized premium above Rs. 25,000/- 1 Lower of 15% * (AP or FV) subject to a maximum of Rs. 2500/- Lower of 6% * (AP or FV) subject to maximum of Rs. 6000/- 2 Lower of 7.5% * (AP or FV) subject to a maximum of Rs. 1750/- Lower of 4% * (AP or FV) subject to maximum of Rs. 5000/- 3 Lower of 5% * (AP or FV) subject to a maximum of Rs. 1250/- Lower of 3% * (AP or FV) subject to maximum of Rs. 4000/- 4 Lower of 3% * (AP or FV) subject to a maximum of Rs. 750/- Lower of 2% * (AP or FV) subject to maximum of Rs. 2000/- 5 and onwards NIL AP – Annualised Premium FV – Policyholder’s Fund Value as on the date of discontinuance

150. DISCONTINUANCE OF PREMIUMS: One month time is given as grace period to pay premium. If not paid, a letter will be sent by LIC within 15 days of end of grace period. 30 days after issue of letter following 2 scenario may emerge:

151. If the policy is discontinued on or before the expiry of the 5 years’ lock-in-period : Policyholder has to exercise one of the following options within a period of thirty days of receipt of such notice. OptionDescription 1Pay the due premium (s) during the notice period 2Revive the policy at any time within a revival period of two years from the date of discontinuance 3Complete withdrawal from the policy without any insurance cover, or No option selected Payout the proceeds at the end of lock-in-period or 2 years’ revival period, whichever is later

152. If Policyholder exercises Option (1) i.e. pays the due premium(s) during the notice period, then the policy shall continue as in force policy. If Policyholder exercises Option (2), then the Policyholder’s Fund Value after deducting the Discontinuance Charge as specified in Para 3.(IV).e) shall be transferred to the Discontinued Policy Fund and shall be invested in debt instruments In case the Policyholder revives the policy during the revival period of 2 years, the policy shall be revived and discountinue charges (Deducted earlier) shall be added back to fund and transferred back to either of 4 funds as chosen by LA In case the Policyholder does not revive the policy during the revival period of 2 years, then the policy shall be terminated on the expiry of the revival period or on the completion of 5 years’ lock-in- period, whichever is later and the proceeds of the Discontinued Policy Fund shall be payable.

153. If the policy is discontinued after the expiry of 5 years’ lock-in- period Policyholder has to exercise one of the following options available within a period of thirty days of receipt of such notice. OptionDescription 1Pay the due premium(s) within the notice period 2Revive the policy at any time within a revival period of two years From the date of discontinuance or up to the date of maturity, whichever is earlier 3Complete withdrawal from the policy without any insurance cover 4Convert the policy into paid-up policy, or No option selected Treatment will be as if Option 3 were selected (This implies that for 2 years, risk cover will continue and after these 2 years, policy funds shall be refunded to policy holder)

154. Partial Surrender One can partially surrender his policy by requesting for encashment of certain units which his unit account holds. He can also request for a fixed amount. Accordingly units shall be canceled. This is allowed any time after completion of 5 year. For minors it is allowed on or after he acquires 18 years of age. Partial surrender is allowed subject to minimum balance of 2 annualized premiums in his unit account. For 2 years his basic sum assured shall be reduced to the extent of partial surrender amount

155. Non Negative Claw Back Additions At various durations starting from 5 th year, LIC will calculate gross yield on the moneys invested till date by adding premiums paid by customer and returns on them. From this there will be reduction of partial withdrawal. This will provide gross yield till date. Then LIC will calculate nett yield, which will be based on projected gross yield already attained. This nett yield shall exclude future mortality, DAB, service tax etc. This is called calculated Reduction in Yield (RIY)

156. Above calculated RIY will then be compared with the maximum RIY requirement table below: Maximum Reduction in Yield (difference between Gross and Net Yield) No. of years elapsed since inception 56789101112131415 and there after For continuing policies 4%3.75%3.50%3.3%3.15%3%2.75% 2.5% 2.25% maturing policies 3%2.25%

157. If the difference between calculated RIY and Maximum RIY required is positive then an equivalent number of units shall be added to the Policyholders’ Fund in such a way that the calculated RIY shall be equal to the maximum RIY. The same shall be called as Non-negative claw-back addition. The units of the Non- negative claw-back shall be based on the NAV declared as on the date of Non-negative claw- back addition.

158. Example At the beginning of 5 th year, gross yield is 9% and expected nett yield is 8%. As per parameters calculated reduction in yield is 1%. As per IRDA regulation, maximum reduction (RIY) in yield allowed could be 4%. Thus calculated RIY is 3% positive. Now LIC will add such additional fund available back into customer’s UNIT ACCOUNT as per the fund held @ of NAV on the day of action. For example he has 5 lacs in his UNIT ACCOUNT, and positive is RIY is 3% and NAV is Rs 15/-. We will add Rs 15000/- (3%) as 1000 UNITS (15000/15) By this action, calculated RIY and Maximum RIY shall be equal.

159. Other features : Switching When policy holder takes Endowment plan he/she has to choose one option of investment by LIC i.e. Bond, secured, balance, or growth. However during each policy year he/she can switch 4 times from one fund to another. For further switches Rs. 100/- shall be charged per switch.

160. Top Up (Additional Premium) Not allowed. BACK DATING: Back dating of policy will not be allowed

161. Loan No Loan facility since partial surrender is allowed

162. ALTERATIONS Allowed like change of mode to higher frequency, reduction of sum assured, grant of accident benefit after commencement. Rs. 50/- shall be charged.

163. COOLING-OFF PERIOD: If a policyholder is not satisfied with the “Terms and Conditions” of the policy, he/she may return the policy to the Corporation within 15 days from the date of receipt of the policy. The amount to be refunded in case the policy is returned within the cooling-off period shall be determined as under: Value of units in the Policyholder’s Fund Plusunallocated premium. Plus Policy Administration charge deducted Less charges @ Rs.0.20%o Sum Assured under the Basic Plan LessActual cost of medical examination and special reports, if any. In case the policy is returned during the cooling-off period, Commission shall be recovered from the concerned Agent

164. Commission to Agents YearCommission First 5% 2 nd & 3 rd Year3.5% Thereafter 2.50% There will be 40% bonus commission on the first year commission under the policies.

165. 165 Introducing LICs New Health Plan Jeevan Arogya Table no. 904

166. 166 Special Attractions  Maximum Number of days for HCB increased to 720 days  Maximum Number of days for ICU increased to 360 days  No of Surgeries in MSB increased to 140 MSB available for Minors also  Addition of 140 Day Care Procedures (DCPB)  All other Surgeries covered under Other Surgical Benefit (OSB)

167. 167 Special Attractions  Age at entry for PI and Spouse increased to 65 Years  Age at entry for Parents and Parents-in-law is 75 Years  Maximum Health cover for elders - up to 80 Yrs  Premiums are guaranteed for 3 Yrs  Optional Term Rider and Accident Benefit

168. 168 IT Rebate Under Section 80(D) available for Full Premium Paid

169. 169 USP of LICs Jeevan Arogya Comprehensive Family Health plan: Covering entire family consisting of  Husband  Wife  Dependent Children  Dependent Parents of Husband and/or Wife

170. Entry age limits-LICs Jeevan Arogya  Entry Age up to 65 yrs for Husband and wife.  Entry Age up to 75 yrs for parents/in-laws  Entry Age from 91 days to 17 years for children  Risk cover Self, Spouse, Parents, in-laws : 80 Yrs Children : 25 Yrs

171. 171 USP of LICs Jeevan Arogya A novel policy offering Multiple benefits:  Hospital cash benefit (HCB).  Major surgical benefit (MSB)  Day Care Procedure Benefit(DCPB)  Other Surgical Benefit(OSB)

172. 172 USP of LICs Jeevan Arogya Other Benefits: -  Premium waiver benefit  Ambulance expenses  Quick cash Advance Payment  No claim bonus  Auto increase in HCB& MSB to take care of inflation with no increase in premium

173. Risk cover under LICs Jeevan Arogya  Risk cover up to 4 lacs per insured Subject to overall limit of 10 lacs (All our Health Policies put togethor)  Guaranteed renewal after every three yrs  Risk cover up to 4 lacs per insured Subject to overall limit of 10 lacs (All our Health Policies put togethor)  Guaranteed renewal after every three yrs

174. HCB options for each Life  Rs.1000/- per Day  Rs.2000/- per Day  Rs.3000/- per Day  Rs.4000/- per Day

175. HCB limits for each Insured  P.I Min-1000,Max-4000  Spouse < or = P.I  Children < or = Spouse / < or = P.I if no spouse  Parents < or = PI / Spouse

176. 176 HCB - Benefits at a glance HCB increases by 5% every year Up to1.5 times. Eg. Rs 1000/- after 1 Yr becomes Rs.1050 and in the 11 th Year becomes Rs.1500/-(Max)  Hospitalization eligibility condition: Fraction of 4 Hours treated as a day First 28 hrs eligible for 1 day benefit First 24 hours No benefit Exception: -When hospital stay exceeds continuous period of 6 days and 4 hours, HCB for 7 days (including First day also) will be allowed

177. 177 HCB - Benefits at a glance Annual limit for each insured Maximum limit for each insured during entire policy term 1st policy year 30 days of hospitalization of which 15 days of ICU is allowed. subsequent years Each year- 90 days of hospitalization of which 45 days of ICU is allowed. 720 days. of which 360 days of ICU allowed

178. 178 Hospital Cash Benefit( HCB)  Fixed per day benefit to cover expenses on the event of hospitalization of insured members for sickness/accidental body injury.  Benefit payout is fixed irrespective of actual expenses incurred.

179. 179 Major Surgical Benefit (MSB) MSB = (HCB X 100) MSB risk cover limits do not include MSB of Plan 901, 902 & 903

180. 180 Major Surgical Benefit(MSB)  A percentage of sum assured is paid in the event of insured members undergoing specified surgeries.  Benefit is fixed irrespective of actual expenses incurred. Advantageous to the insured members  MSB is available to all the insured including children for all ages

181. 181 MSB- Benefits at a glance  MSB allowed for 140 surgical procedures Annual Limit 100 times of HCB in a policy year (Min 1 Lac) Life time Limit 800 times of HCB during entire policy term (Min 8 Lacs)

182. 182 Premium waiver benefit In the event of any insured undergoing major surgery under category I or 2 premium payable for one year from the next premium due date coinciding or following the date of surgery is waived

183. 183 Day care procedure benefit(DCPB) DCPB = 5 X HCB  140 Listed day care procedures  3 Day care Procedures per year  24 Day care Procedures in Policy Life time

184. 184 Other surgical benefit(OSB) OSB = 2 x HCB  Any surgery other than MSB, DCPB surgeries  At least 24 hours stay in Hospital is required  Annual limit : 15 days in First policy year 45 days in each subsequent years  Life time limit : 360 days per insured

185. 185 Term Assurance Benefit Rider  Minimum Term Assurance SA : Rs. 1,00,000  Maximum Term Assurance SA : Equal to initial MSB-SA (i.e.,100 X HCB )  Term Assurance SA - in multiples of Rs.25000/- Minimum Entry Age18 Yrs completed Maximum Entry Age50 Yrs (NBD) Maximum age for cover60 Yrs (NBD) Maximum Term35 Years

186. 186 Accident Benefit Rider This benefit is available only if Term Assurance Benefit rider is opted  Minimum Benefit : Rs. 25,000  Maximum Benefit : Equal to initial MSB-SA ( i.e.,100 X HCB)  AB Sum Assured shall be in multiples of Rs.5000/- Minimum Entry Age18 Yrs completed Maximum Entry Age50 Yrs completed Maximum age for cover60 Yrs completed Maximum Term35 Years

187. 187 Quick cash facility  Advance amount to PI  Cat I or Cat II Surgeries  Hospitalized in a ‘Net work’ Hospital  PI/relative informs LIC/TPA  TPA processes request/advices LIC on payment  LIC credits eligible amount to PI Bank account

188. 188 Ambulance charges  Rs. 1000/- reimbursed per insured towards Ambulance charges  Ambulance charges incurred for transportation of the insured to undergo Major Surgeries under category 1 or 2

189. 189 No claim Benefit  During the period between two automatic renewal dates or From DOC to next Automatic renewal date, if there are no claims in respect of any insured, No claim Benefit is payable  No claim benefit would be equal to 5% of initial Daily Benefit  Effective from the immediately following automatic renewal date

190. 190 Rebates available on Tabular premiums Mode Rebate Rebate for HCB Opted HlyYly 2000 HCB3000HCB4000HCB PIothersPIothersPIothers 1%2%Rs.500Rs.250Rs.1000Rs.500Rs.1500Rs.750

191. 191 Addition of members Condition When to include The cover starts from Marriage/remarriage of the Principal Insured after DOC Within 1 Year from the date of marriage The following policy anniversary A Child born or Legally adopted child after DOC Health Cover starts from the policy anniversary falling immediately after the child completes 3 months Legally adopted child is more than 3 months old From the policy anniversary falling after date of adoption  New members must be included by the Principal Insured only. No new members will be allowed after the death of the principal insured.

192. 192 USP of LICs Jeevan Arogya  Addition of newly eligible members during the currency of the policy.  Fixed Benefit scheme: Benefit paid as opted irrespective of actual expenses for hospitalization and Surgeries  Benefits are payable independent of payments received through mediclaim or any other health schemes.

193. 193 The policy lapses…  When premium is not paid within days of grace, the policy lapses and no benefits will be payable there after.  Policy can be revived within 2 years from the date of first unpaid premium subject to payment of outstanding premiums with interest and underwriting.

194.  0 days for accident claims  90 days from the Date of Commencement for HCB & MSB 45 days after revival, if revived within 90 days from FUP of the policy. for Hospital Cash Benefit and Major Surgical Benefit  90 days if revived after 90 days from FU P 194 The waiting Period for availing the benefits……………….

195. Since it is purely MEDICAL INSURANCE plan and premium does not have any saving element hence there is no maturity claim No Death claim under basic plan. Loan, surrender, assignment- n.a. Mode of payment- Yly, Hly Things to remember:

196. 196