1. NEW ARRIVALS LIC’s JEEVAN SANGAM (Plan No.831)
Limited sale period only
LIC’s New Children’s Money Back Plan (Plan No.832)

2. LIC’s JEEVAN SANGAM PLAN NUMBER 831 With profit “SINGLE PREMIUM” plan
Sale Closes On 1ST June 2015.
ONLY 90 DAY SALE PERIOD

3. LIC’s JEEVAN SANGAM TERM ONLY 12 YEARS Age: Minimum = 6yrs (completed)
Plan No.831
TERM ONLY 12 YEARS
Select: MATURITY SUM ASSURED
Minimum = 75000
Maximum = No limit (Multiples of 10000)
Premium: Calculated on Maturity Sum Assured
Risk Sum Assured : Premium (without Service Tax & Extras) X 10
Age: Minimum = 6yrs (completed)
Maximum = 50 yrs

4. LIC’s JEEVAN SANGAM DEATH BENEFIT
Plan No.831
If Death happens BEFORE Commencement of Risk
Refund of premium (excluding Serv. tax and extras)
Risk commences from one day before age 8 years.
If Death happens WITHIN FIVE years
Risk Sum assured Only
If Death happens AFTER FIVE years
Risk Sum assured + Loyalty

5. LIC’s JEEVAN SANGAM Maturity Sum assured + Loyalty MATURITY BENEFIT
Plan No.831
MATURITY BENEFIT
Maturity Sum assured + Loyalty

6. LIC’s JEEVAN SANGAM
Plan No.831

7. JEEVAN SANGAM
Plan No.831

8. Available after 3 Months from D.O.C
LIC’s JEEVAN SANGAM
Plan No.831
LOANS
Available after 3 Months from D.O.C
Policy year
maximum Loan Amount as a % of surrender value for age at entry upto 45
maximum Loan Amount as a % of surrender value for age at entry above 45
*3 month to 3rd year
55%
40%
4th to 6th
70%
45%
7th to 9th
80%
65%
10th to 12th
90%

9. JEEVAN SANGAM
Plan No.831

10. LIC’s JEEVAN SANGAM
Plan No.831

11. LIC’s JEEVAN SANGAM 2 % without Bonus ONLY 90 DAYS COMMISSION
Plan No.831
COMMISSION
2 % without Bonus
ONLY 90 DAYS

12. LIC’s NEW CHILDREN’S MONEY BACK
Plan No.832

13. LIC’s NEW CHILDREN’S MONEY BACK
Plan No.832
Money back plan
With-profits
Regular premium payment

14. LIC’s NEW CHILDREN’S MONEY BACK
Eligibility
Plan No.832
Entry Age: 0 yrs to 12 yrs (Last Birthday)
Maturity Age: 25 Yrs
Policy Term : 25 Minus Entry age
Minimum SA : Rs.(100 ) in “000”s
Maximum SA : No limit ( in multiples of 10,000)
Modes : YLY, HLY, QLY, ECS, SSS

15. Whichever is “ Earlier “
LIC’s NEW CHILDREN’S MONEY BACK
Plan No.832
RISK COMMENCES
1 day before completion of 2 years from D.O.C OR
1 day before Policy anniversary coinciding /after completing Age 8
Whichever is “ Earlier “

16. LIC’s NEW CHILDREN’S MONEY BACK
Plan No.832
Death Benefit
Before Risk commences
Refund of premiums excluding riders, taxes and extra premium
After Risk commences
Basic Sum assured + Bonus + Final additional Bonus
Suicide Within one year from Risk commencing date
80% of premium paid excluding taxes and extras

17. LIC’s NEW CHILDREN’S MONEY BACK
POLICY PROCEEDS
Plan No.832
On policy anniversary after age 18
On policy anniversary after age 20
On policy anniversary after age 22
20% of Basic Sum Assured
Survival Benefit
On policy anniversary after age 18
On policy anniversary after age 20
On policy anniversary after age 22
20% of Basic Sum Assured
Survival Benefit
Maturity Benefit
On policy anniversary after age 25
40% of Basic Sum Assured
+ BONUS
+ Final additional Bonus

18. LIC’s NEW CHILDREN’S MONEY BACK
Special Feature
Plan No.832
Option to defer the Survival Benefit:
LIC will pay increased SB if SB is deferred ..
as per the formula…
SB % * Sum Assured * Factor applicable to Survival Benefit (s)
To exercise this option policyholder Should Intimate in writing
six months before the due date of the Survival Benefit (s)

19. LIC’s NEW CHILDREN’S MONEY BACK
Riders
Plan No.832
Premium Waiver Benefit
Waiver of Future Premiums on death of the proposer
Opt able at Inception or any time during policy term.
Minimum outstanding term should be 5 years
Maximum age for opting PWB is 55 yrs
Not applicable if commits suicide within 1 year of D.O.C

20. LIC’s NEW CHILDREN’S MONEY BACK
Plan No.832
Surrender
Permitted after 3 years from D.O.C
No Surrender value for PWB Rider
Loan
Permitted after 3 years from D.O.C
For in force policies – upto 90% of Surrender value
For paid-up policies – upto 80% of Surrender Value
Revival
Should be done within 2 Consecutive years from First unpaid premium

21. LIC’s NEW CHILDREN’S MONEY BACK
Discounts
Plan No.832
Mode
Yearly mode : 2% of tabular premium
Half-yearly mode : 1% of tabular premium
Quarterly and monthly : NIL
High Sum Assured
Basic Sum Assured Rebate (Rs.)
1,00,000 to 1,90,000 : Nil
2,00,000 to 4,90,000 : 2 per thousand Basic Sum Assured
5,00,000 and above : 3 per thousand Basic Sum Assured

22. LIC’s NEW CHILDREN’S MONEY BACK
Plan No.832
Commission
Policy Term st Year nd & 3rd Year Sub. Years
13 and 14 years % % %
15 years and above % % %
Bonus Commission = 40% of First year Commission