1. LIC’S JEEVAN VAIBHAV
(PLAN NO. 809)

2. LIC’S JEEVAN VAIBHAV Highlights
Life Cover
Value Creation
Liquidity

3. LIC’S JEEVAN VAIBHAV Features
Single Premium non-linked endowment assurance plan.
Maturity Benefit : Sum Assured and Loyalty Addition#
Liquidity : Facility for loan.
Life Cover : Full Sum Assured Payable on death during the term.
# Loyalty Addition, if any, payable on death during the last policy year or on maturity.

4. Eligibility Conditions
LIC’S JEEVAN VAIBHAV
Eligibility Conditions
Age at entry
8 years to 65 years
Policy Term
10 years
Sum Assured
Rs /- onwards, in multiple of Rs.10000/-
Premium Mode
Single
Others
Service Tax at the prevailing rate applicable on premium.

5. LIC’S JEEVAN VAIBHAV Benefits Maturity Benefit
Sum Assured Plus Loyalty Addition#
Death Benefit
Sum Assured
Death Benefit in the last policy year
Loyalty addition# may also be payable.
#Loyalty Addition
Loyalty Addition, if any, may be payable at the rate as declared by the Corporation.
Loan against policy
Loan
Available after completion of one policy year.

6. High Sum Assured Rebate
LIC’S JEEVAN VAIBHAV
High Sum Assured Rebate
Sum Assured
Rebate (Rs.)
Upto Rs.3,90,000
Nil
Rs.4,00,000 to Rs. 5,90,000
2.00‰
Rs.6,00,000 and above
3.00‰
Surrender of Policy
Surrender Value is available after expiry of one policy year. Higher of Guaranteed Surrender Value (GSV) and Special Surrender Value (SSV) is payable. The Special Surrender Value will be the ‘Discounted Value’ of the Sum Assured and will depend on the policy term and the duration elapsed since commencement of the policy.

7. LIC’S JEEVAN VAIBHAV Benefit Illustration Age 35 years Policy Term
Single Premium Amount
95730/-*
Sum Assured payable on death or maturity
200000/-
Amount of Loyalty Addition payable on death during the last policy year or on maturity:
Assuming 6% p.a. return
Nil
Assuming 10% p.a. return
25,000/-
* Premium shown above is exclusive of service tax.

8. Balance your assets and create value Add LIC’s Jeevan Vaibhav to your
For the young ones :
To take their first step on a prosperous financial journey with LIC’s Jeevan Vaibhav.
For the young Turks:
Because you shall be worth the achievements in 2022.
For those on whom the young depend :
Because with high privileges comes the responsibility of those who depend on you.
Balance your assets and create value
Add LIC’s Jeevan Vaibhav to your
wealth creation plan.