1. 164 – ANMOL JEEVAN I

2. Features Low premium, high risk cover plan Ideal for:
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

3. Low Cost – High Benefit Cheapest policy for risk cover
Risk cover available till age 65
Sum assured is payable to nominee on death of the policyholder

4. Cost Effectiveness
Bigger amount of insurance cover at a very fractional cost as compared to a whole life Plan

5. Death Benefit
Full sum assured is payable to the nominee in the event of death of the policy holder

6. Maturity
No maturity benefit would be payable to the policyholder at the end of the term

7. Plan Specifications Term Age Sum Assured Minimum 5 18 500000 Maximum25 55

8. Planning to buy the cheapest term policy in the market?
Cheapest may not always be the best
Have you checked the claim settlement record of the company before buying?

9. Cheapest term policy in the market?

10. 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

11. LIC’s Claim settlement performance (2011-12)
1.Total claims settled— lakh claims, amounting to Rs crores.
% of Total Maturity Claims settled on or before the date of maturity.
% of Non-early Death claims settled within 15 days of intimation.
4. Outstanding Claims Ratio—(Maturity + Survival Benefit): 0.50%
5. Outstanding Claims Ratio—(Death Claims) : %