Lic Plan Booklet

E x h a u stiv e N ot e s o n
Pr o d ucts of
L if e I n s u r a n c e C o r p o r ati o n of In d i a
FOR PRIVATE CIRCULATION ONLY
Exhaustive Notes on
Products of
Life Insurance Corporation of India
PMR Department,
DIVISIONAL OFFICE
7th Floor, Suraj Plaza II,
Sayajigunj, Vadodara 390 005.
Tel: 0265- 2225073
E-mail: pmr.vadodara@licindia.com
FOREWARD
I feel extremely happy to present an Exhaustive notes on
products of LIC to our field force. There has been a persisting
demand for such a publication in view of substantial changes and
amendments in rules, particularly during the last one year. Many
popular plans like Money Plus and Market Plus have been
withdrawn and many new plans have been introduced by the
Corporation. I hope this booklet will fill up the gap for the
guidance of our field force in particular and others in general.
The beauty of this compendium is in its lucid presentation,
covering all the aspects of the plans in brief. Needless to add,
the booklet is introductory in nature and in no way should be
construed as a substitute for the concerned Central Office
circulars on the subject. In case of any doubt or clarification,
reference should be made to the concerned circulars.
All the members of PMR and NB Department deserve all the
praise and appreciation for their hard and concerted efforts in
bringing out this booklet, which will definitely prove to be a
handy and useful reference material.
We are looking forward to your response at pmr.vadodara
@licindia.com.
Our Special Thanks to:
Shri M.N. Mir

Shri H.K. Parmar
Shri D.G. Jadia
Shri V.J. Patel
Mrs. K.J. Raval
: Manager (PMR) ,Vadodara Division

: Asst. , PMR,B&AC,MI ,Vadodara Division
: Asst. , Sales , Vadodara Division
: A.O. , NB , Vadodara Division
: A.A.O. , NB , Vadodara Division
S.B. JOSHI
Sr. Divisional Manager
Date: 12/08/2008
3
Thisbookletcontainsfollowingsubjects
ClassificationofLICPlans
WithdrawnPlansofLIC
MoralHazardReport
MHRforChiefLifeInsuranceAdvisor(CLIA)
IntroductionofL.A.toMedicalExaminers
FinancialUnderwriting
EmployerEmployeeScheme
KYC/AMLARequirements
NonMedicalBusiness
CriticalIllnessRider
ProductsofLIC
PRODUCTS OF LIC
Sr. Plan
No. No
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
2
5
14
41
50
43
48
52
58
75
88
89
90
91
93
102
103
106
107
108
114
133
136
147
148
149
159
162
164
165
167
168
169
171
175
178
179
184
185
186
187
188
189
190
191
192
193
901
Name of Plan
WHOLE LIFE POLICY WITH PROFIT
LIMITED PAYMENT WHOLE LIFE POLICY WITH PROFIT
ENDOWMENT ASSURANCE POLICY WITH PROFIT
CHILDRENS DEFERRED ENDOWMENT ASSURANCE WITH PROFIT VA-21
CHILDRENS DEFERRED ENDOWMENT ASSURANCE WITH PROFIT VA-18
TWO YEAR TEMPORARY ASSURANCE POLICY WITHOUT PROFIT
ENDOWMENT ASSURANCE BY LIMITED PAYMENTS WITH PROFIT
THE MORTGAGE REDEMPTION ASSURANCE POLICY WITHOUT PROFIT
THE CONVERTIBLE TERM ASSURANCE POLICY WITHOUT PROFIT
MONEY BACK WITH PROFIT
JEEVAN MITRA (DOUBLE COVER) ENDOWMENT PLAN WITH PROFIT
JEEVAN SATHI (DOUBLE COVER JOINT LIFE PLAN) WITH PROFIT
MARRIAGE ENDOWMENT / EDUCATION ANNUITY PLAN WITH PROFIT
NEW JANA RAKSHA PLAN WITH PROFIT
MONEY BACK WITH PROFIT
JEEVAN KISHORE WITH PROFIT
JEEVAN CHHAYA PLAN WITH PROFIT
JEEVAN SURBHI WITH PROFIT (NEW MONEY BACK PLAN)
JEEVAN AADHAR PLAN WITHOUT PROFIT
JEEVAN MITRA (TRIPLE COVER) ENDOWMENT ASSURANCE PLAN WITH PROFIT
JEEVAN VISHWAS WITH PROFIT
NEW JEEVAN SURAKSHA-1
NEW JEEVAN DHARA-1 W.E.F. 1/2/2002
JEEVAN ANAND WITH PROFIT
KOMAL JEEVAN (W.E.F. 14/11/2002)
LICS JEEVAN SHREE-1 (W.E.F. 1/9/2003)
ANMOL JEEVN-1
SARAL JEEVAN
LICS JEEVAN PRAMUKH WITH PROFIT
JEEVAN ANURAG
JEEVAN NIDHI
BIMA NIVESH-2005 (W.E.F. 21/3/2005)
BIMA BACHAT
JEEVAN TARANG
NEW BIMA GOLD
CHILD CAREER PLAN
CHILD FUTURE PLAN
JEEVAN AMRIT
FORTUNE PLUS
PROFIT PLUS
JEEVAN AKSHAY VI
AMULYA JEEVAN - I
LICS MARKET PLUS I
LICS JEEVAN BHARATI I
LICS MONEY PLUS - I
LICS HEALTH PLUS
CLASSIFICATION OF LIC PLANS

ENDOWMENT PLANS
: 14, 48, 88, 90 91, 133
JOINT LIFE PLANS
: 89
WHOLE LIFE PLANS
: 2, 5, 114
COMBINATION OF ENDOWMENT / WHOLE LIFE PLANS: 149,178

CHILDRENS PLANS
: 41, 50, 102, 159
PLANS FOR CHILDREN WELFARE: 103, 106, 107, 108, 159, 168, 178
MONEY BACK PLANS
: 75, 93, 103, 106, 107, 108, 168, 175, 179,192
TERM ASSURANCE PLANS
: 43, 58, 164, 190
LOW COST PLANS
: 41, 90, 164, 165, 179,190
PENSION PLAN
: 147, 148, 169, 189
INVESTMENT PLANS
: 171,187,188,191,193
Special Plans for Special Needs

52
136
162
167
:
:
:
:
Mortgage Redemption Plan

For regular income to handicapped dependant
Exclusive Plan for Exclusive People
Exclusive Plan for Excusive People
6
168
178
901
192
:
:
:
:
Endowment + deferred annuity

Whole of life Plan-Jeevan Tarang
LICs Health Plus
LICs Jeevan Bharati I Money Back, exclusively for females
MARKET LINKED (ULIP) PLANS :

:
:
:
187- Fortune Plus

188- Profit Plus
191- LICs Market PlusI
193- LICs Money PlusI
SINGLE PREMIUM PLANS:43, 48, 52, 58, 102, 147, 148, 159,162,164
167, 168, 169, 171, 175, 177,178, 188,
189,190,191
WITHDRAWN PLANS OF LIC

(A) The following plans have been withdrawn by the Corporation.
Plan Nos.
1
11
16
17
18
19
20
21
22
23
24
25
26
27
28
33
34
44
45
46
47
51
64
66
67
73
74
76
77
78
79
80
81
84
85
86
87
92 94 95 96 97 101 104 105 109 111 112 113 115

116 117 121 122 123 124 125 126 128 132 135 140
141 142 144 145 146
60
61
177 181 183 160
(B) The following popular plans have been recently withdrawn by the
Corporation:
TABLE No.
150
152
153
154 TO 157
160
161
163
PLAN
NEW BIMA KIRAN
JEEVAN REKHA
ANMOL JEEVAN
JEEVAN SAMRIDHI
JEEVAN BHARATI
VARISHTHA PENSION BIMA YOJANA
LICS JEEVAN AKSHAY II
170
172
173
174
176
177
180
181
183
LICS JEEVAN AKSHAY-III

FUTURE PLUS
LICS JEEVAN PLUS
LICS BIMA GOLD
LICS JEEVAN AKSHAY-IV
LICS AMULYA JEEVAN
LICS MONEY PLUS
LICS MARKET PLUS
NEW JEEVAN AKSHAY V
SUBMISSION OF MORAL HAZARD REPORT

Now revised rule will be applicable for completion of MHR for
Non-medical (General) as well as for Non-medical (Special) and medical
proposals as follows
Limits up to
(Rs.)
MHR Limits for Agents and Development

Officers/Officials
A)
i) Authorized agents working under

Development Officer or as Direct Agents
or Career Agents satisfying the minimum
business performance for each of the
previous three financial years as under : Net No. of Lives : 15
Net S.A.
: Rs. 6 Lacs
Rs. 5 Lac
ii) Members of Branch Managers Club

and Distinguished Agents Club ( Whether
Career agents or Direct agents or Agents
Rs. 10 Lac
working under a Development Officer )
B)
Career agents or direct agents or agents

working under Development Officer, who
are member of
i) Divisional Managers Club
ii) Zonal Managers Club
iii) Chairmans Club
iv) MDRT Qualified Agents
C) Development Officers
D) Assistant Branch Manager( Sales),
Branch Managers( Sales)
Asst. Branch Managers-in-charge of Brn.
Rs.
Rs.
Rs.
Rs.
Rs.
20 Lac
30 Lac
50 Lac
50 Lac
1 Crore
Rs. 2 Crore
8
E)
F)
G)
Branch managers / Senior

Managers-in Charge of Branch
Manager( Sales)
Marketing Manager
Branch
Rs. 5 Crore
Rs. 10 Crore
Above Rs. 10 Crore
Central underwriting Section can call for Special MHRs from other
officials, if necessary, depending on the merits of the case.
MHR LIMITS FOR CHIEF LIFE INSURANCE ADVISORS

MHR Limits
Limits up to
(Rs.)
Financial Service Executive
Rs. 30 Lacs
Retired Employees
Rs. 50 Lacs
CLIA (DM Club Member)
Rs. 50 Lacs
CLIA (ZM Club Member)
Rs. 75 Lacs
CLIA (CM Club Member)
Rs. 1 Crore
CLIA (Corporate Club Member)
Rs. 1 Crore
MHR Limits for Officials of the Corporation

(for Chief Life Insurance Advisors)
MHR Limits
Limits up to
(Rs.)
ABM(s), Branch Manager(s), Assistant Rs. 2 Crore

Branch Managers in Charge of Branch
Branch Managers / Sr. Branch Managers Rs. 5 Crore

9
in Charge of Branch
3
Manager(Sales)
Up to Rs.10 Crores
Marketing Manager / Chief Manager
Rs.10 Crores &

above
INTRODUCTION OF LIFE ASSURED TO THE MEDICAL EXAMINER

Life proposed should be accompanied by and introduced to the medical
examiners for medical examination and special medical examinations; the
introducer will remain present at the time of medical exams.
Sum proposed
Life proposed should be introduced by
Less than Rs. 20

Lacs
Agent
Rs. 20 Lacs to
Rs. 30 Lacs
ZMs Club Member / Dev.Officer
Rs. 20 Lacs to
Rs. 50 Lacs
CMs Club member MDRT agent ( On the basis of

Commission) continuously for 3 years /
Dev.Officer
Rs. 20 Lacs to
Rs. 1 Crore
Dev.Officer / Corporate Club member agents
Above Rs. 1 Crore

to Rs. 2 Crore
ABM(S)
Above Rs 2 Crore
to Rs. 5 Crore
BM/SBM I/C
Above Rs 5 Crore
but less than Rs.
10 Crore
Manager( Sales)
Rs. 10 Crore &

above
Marketing Manager
The introducer will put his/her signature on each of medical/special

medical reports in token of having introduced the life proposed to the
medical examiner.
INTRODUCTION OF LIFE ASSURED TO THE MEDICAL EXAMINER
(For Chief Life Insurance Advisors)

Introductory Authority
1
2
3
4
5
6
Limit of Sum proposed

(Rs.)
Financial Service Executive

Retired Employees
CLIA (DM Club Member)
CLIA (ZM Club Member)
CLIA (CM Club Member)
CLIA (Corporate Club Member)
Up
Up
Up
Up
Up
Up
to
to
to
to
to
to
Rs.
Rs.
Rs.
Rs.
Rs.
Rs.
30 Lacs
50 Lacs
50 Lacs
75 Lacs
1 Crore
1 Crore
CENTRAL OFFICE CIRCULAR REF : ACTURIAL/CUS DATED: 15-01-2000

RE: RELAXATION IN EXISTING RELATIONSHIP BETWEEN
ANNUAL INCOME AND ALLOWABLE COVER
AGE GROUP
UPTO 30 YEARS
31 TO 40 YEARS
41 TO 50 YEARS
51 YEARS AND ABOVE
MAXIMUM COVER ALLOWABLE AS

MULTIPLE OF ANNUAL INCOME
22
17
12
10
TIMES
TIMES
TIMES
TIMES
Insurance under Employer-Employee Scheme

Dept: Underwriting & Reinsurance
Ref: U&R /2/2007
24th October 2007
Vide circular ref. Actl./2062/4 dated 11th March 2006, it was clarified
that as regards insurance under Employer-Employee Scheme the types of
plans offered could be other than term insurance also.
It is now further clarified that while allowing insurance under employeremployee scheme it should be ensured that the employee should not have
beneficial ownership in the employer company in excess of 5%. For
ascertaining the limit of 5% shareholding or ownership held by concerned
1
employee, his/her spouse, children, sons-in-law, daughters-in-law, parents,

brother or sisters should be aggregated together.
KYC NORMS
* As per the guidelines issued by IRDA premiums/proposal Deposits in excess
of Rs. 50,000/- is to be accepted through Cheques, Demand Draft, and CreditCard or through Bank Cheques only. (Exemption is given for Salary Savings
Collection)
* ID proof and Residence Proof is required for proposals having premium more
than Rs. 10,000/- (Including Renewal Premium)
* ID proof , Residence Proof and Proof of Income is required with all New
Proposals having premium Rs. 1,00,000 and above.
* As per AML ( Anti Money Laundering ) guidelines , Recent Passport Size
photograph of proposer is a mandatory requirement ( In case of Minors,
parents photograph is required.
1.
2.
3.
4.
5.
*Resident Proof: (any one of the following is necessary)

Telephone Bill
Ration Card
Electricity Bill
Bank A/C Statement
Letter from any recognized public Authority
NON MEDICAL GENERAL & NON MEDICAL SPECIAL
Cir: Ref: U&R/3/2007 15th January 2008

NONMEDICAL
(SPECIAL)
SA Limit
Age 35 and less

Rs.15 lacs
Age 36 to45 Rs.10
lacs
Age 46 to 50
4 lacs
NON-MEDICAL
(GENERAL)
Professional
MAJOR
STUDENT
Age 35 and less

Rs.12 lacs
Age 36 to45 Rs.8
lacs
Age 46 to 50
4 lacs
Rs.8 lacs
Age up to 25
Years
NON-MEDICAL
GENERAL
(OTHERS) Major
males and literate
females
Age 35 and less Rs.4
lacs
Age 36 to45 Rs.2 lacs
Age 46 to 50
1 lacs ;
If NSAP I Age 35 and
less Rs.3 lacs
Age 36 to45 Rs.1 lacs
Age 46 to 50 yrs
Rs.50000
Major males
and literate
females
NSAP-II and
NSAP-III
NSAP II Age 35 and
less Rs.2 lacs
Age 36 to45 Rs.1
lacs
Age 46 to 50 yrs
Rs.50000
NSAP III
Age 35 and less Rs.2
lacs
Age 36 to45 Rs.1
lacs
Age 46 to 50 yrs
Rs.50000
Plan
allowed
All Plans including

Term rider and
PWB but
excluding Table
Nos.43, 52, 58,
164, and CI Rider
All Plans including

Term rider and PWB
but excluding Table
Nos.43, 52, 58, 164,
and CI Rider
All plans
excluding
Table
Nos.43,52,58
,164,167,177
,88, 133,
Term Rider
and CI Rider
Table No. 5 (with PPT 5

to 10), 8, 14, 48, 75, 90,
91, 93, 103, 106, 107,
108, 136, 149, 165, 168,
178, 179, 181, 186, 187,
188,189,191,193 (PWB,
Term rider & CI rider are
not allowed).
Table No. 14, 48, 75,

90, 91, 93, 136, 149,
165, 178, 179, 181,
186, 187, 188,189,
191,193 (PWB,
Term rider & CI rider
are not allowed
Table Nos. 171 and 175

Table Nos. 171 and 175 are not included above for the following reasons:
Table No. 171 is allowed on the basis of DGH if Term Rider is not opted for
Table No. 175 is allowed on the basis of DGH only
Table No. 171 without term rider and Table No. 175 may be allowed in addition to Nonmedical limits
Table No. 171 with Term Rider can be allowed under Non-medical (Special) and under nonmedical (General) to Professionals. However the same cannot be allowed under Nonmedical (General) to Students and to others.
SPECIAL REPORTS: Sum under consideration will be the basis for calling for Special Reports.
Where SUC is such that it falls within the limits of non-medical business, no special reports will be
called for.
-: Revised Chart of Special Report:Cir. No. U&R/4/2008 dated 15-01- 2008 with effect from 17-01- 2008
Sum under
consideration
Up to
2,00,000
Age at Entry (Last Birthday)
Up to 35 yrs
NIL
2,00,001
to
5,00,000
NIL
(Medical by TPA
for Revival)
5,00,001
to
10,00,000
NIL
Medical by TPA
for Rev. & if
SUC=10 lacs
for NB
36 to 45 yrs
46 to 55 yrs
56 yrs & above
NIL
NIL
FOR CIR
ECG,FBS, Hb%
FOR CIR
ECG,FBS, Hb%
Revi. S.A. up to
50,000 no Sp.
Reports
Rest ECG,FBS
NIL
FOR CIR
ECG,FBS, Hb%
Rest ECG, FBS

FOR CIR
ECG,FBS, Hb
%
(Medical by TPA
for Revival)
NIL
FOR CIR
ECG,FBS, Hb
%
(medical by TPA
for Rev. & if SUC
= 10 lacs for
NB)
(Medical & Sp.

Report by TPA
for Revival)
Rest ECG,
Lipidogram,
FBS, RUA, Hb%
(Medical & Sp.
Report by TPA
for Rev. & if SUC
> 8 lacs for NB)
Rest ECG,
Lipidogram, FBS,
RA, Hb%%
(Medical & Sp.
Report by TPA for
Revival)
Rest ECG,
Lipidogram, FBS,
RUA, Hb%
(Medical & Sp.
Report by TPA for
Rev. & if SUC > 8
lacs for NB)
10,00,001
to
15,00,000
NIL
(Medical by TPA
for Rev. & NB)
Lipidogram,
FBS, RUA, Elisa
for HIV HB%
For CIR
ECG
(Medical & Sp.
Report by TPA
for Rev. & NB)
15,00,001
to
35,00,000
FBS,
Lipidogram,
Elisa for HIV Hb
% (Medical &
Sp. Report by
TPA for Rev. &
NB)
Rest ECG, SBT

13, RUA, Hb%
(Medical & Sp.
Report by TPA
for Rev. & NB)
35,00,0001
to
50,00,000
Rest ECG, SBT

13, RUA, Hb%
(Medical & Sp.
Report by TPA
for Rev. & NB)
Rest ECG,
Haemogram,
SBT 13, RUA,
CTMT, (Medical
& Sp. Report by
TPA for Rev. &
NB)
50,00,001
and above
Rest ECG,
Haemogram,
SBT 13, RUA
(Medical & Sp.
Report by TPA
for Rev. & NB)
Rest ECG,
Haemogram,
SBT 13, RUA,
CTMT, HbA1c
(Medical & Sp.
Report by TPA
for Rev. & NB)
Rest ECG, SBT13, RUA, Hb%

(Medical & Sp.
Report by TPA
for Rev. & NB)
Rest ECG,
Haemogram, SBT13,RUA,CTMT
(Medical & Sp.
Report by TPA for
Rev. & NB)
Rest ECG,
Haemogram,
SBT 13, RUA,
CTMT %(Medical
& Sp. Report by
TPA for Rev. &
NB)
Rest ECG,
Haemogram, SBT
13, RUA, CTMT,
HbA1c%(Medical &
Sp. Report by TPA
for Rev. & NB)
Rest ECG,
Haemogram,
SBT 13, RUA,
CTMT, HbA1c
(Medical & Sp.
Report by TPA
for Rev. & NB)
Rest ECG,
Haemogram,
SBT 13, RUA,
CTMT, HbA1c,
Chest X-ray
(Medical & Sp.
Report by TPA
for Rev. & NB)
Rest ECG,
Haemogram, SBT
13, RUA, CTMT,
HbA1c Chest x Ray
(Medical & Sp.
Report by TPA for
Rev. & NB)
Rest ECG,
Haemogram, SBT
13, RUA, CTMT,
HbA1c, Chest Xray (Medical & Sp.
Report by TPA for
Rev. & NB)
MEDICAL REQUIREMENT CHART FOR OTHER RISK PLANS

ALLOWED TO MINORS
(INCLUDING TBL. 102,159 & 178)

Sum Assured
Up to Rs. 8 Lacs
Below 5 Years
No medical
requirement
Rs. 8,00,001 to
Rs. 25 Lacs
Immunization record
of the child ( no other
medical requirement )
Rs. 25,00,001 to
Rs. 49,99,999
i) Juvenile FMR
ii)Immunization record
of the
child
iii)Copy of latest
school report, if
attending school
Age Group
5 to 9 Years
No medical
requirements, but
height and weight to
be mentioned in the
ACR
No medical
requirements, but
be mentioned in the
ACR
i) Juvenile FMR
ii) Copy of latest
school report
10 to 17 years
No medical
requirements, but
be mentioned in the
ACR
i) Juvenile FMR
ii) Copy of latest
school report
i) Juvenile FMR
ii) Copy of latest
school record
Rs. 50,00,000 to
Rs. One Crore
i) Juvenile FMR
of the
child
iii)Copy of latest
school report, if
attending school
i) Juvenile FMR
ii) ECG
iii) Haemogram
iv) Serum Creatinine
v) RUA
vi) Elisa test for HIV
vii)HbsAg
viii)Copy of latest
school
report
i) Juvenile FMR
ii) ECG
iii) Haemogram
iv) SBT-12
v) HbsAg
vi) Copy of latest
school
report
MEDICAL REQUIREMENT CHART FOR CDA PLAN Nos. 41 AND 50

Up to Rs. 100
Lacs
No medical
Above Rs. 100

Lacs to
Rs. 250 Lacs
i) Juvenile FMR
of the
child
iii) Copy of latest
school report,
if attending school
No medical
requirements, but
height & weight to be
mentioned in the ACR
, Copy of latest
school report
i) Juvenile FMR
ii) Copy of latest
school report
No medical
requirements, but
height & weight to be
mentioned in the ACR
, Copy of latest school
report
i) Juvenile FMR
ii) Haemogram
iii) SBT-12
iv) ECG
v)HbsAg
vi)Copy of latest
school report
CRITICAL ILLNESS RIDER

Critical Illness Rider has been introduced to cover major illness under
the following Plans
TABLE NO.
14,48
88
75,93
133
149
90
147
148
162
168
169
178
188
191
192
193
PLAN
ENDOWMWNT PLAN
JEEVAN MITRA
MONEY BACK PLANS
JEEVAN MITRA TRIPLE COVER
JEEVAN ANAND
MARRIAGE ENDOWMT /EDU. ANNUITY
NEW JEEVAN SURAKSHA-I
NEW JEEVAN DHARA-I
NEW JEEVAN SHREE-I
JEEVAN ANURAG
JEEVAN NIDHI
JEEVAN TARANG
LICS PROFIT PLUS
LICS MARKET PLUS-I
LICS JEEVAN BHARATI -I
LICS MONEY PLUS-I

1)
2)
3)
4)
5)
6)
7)
BENEFITS: Cri. Ill. S.A is payable to L.A on occurrence of the illness covered.
PWB
Minimum Age at Entry
Maximum Age at Entry
Maximum Age at Maturity
Minimum S.A.
Minimum S.A. of Basic Plan
Maximum S.A. for C.I.
8) Term
PREMIUM MODE REBATE

SUM ASSURED REBATE
: Yes
: 18 Years LBD & 20 years (Tbl.no. 168)
: 50 Years
: 60 Years
: Rs.50000 + (thereafter in multiples of Rs.10, 000/-)
: Rs.50000
: Equal to Basic S.A. subject to Max. of Rs.5 Lacs
(Rs. 10 lacs in Plan No. 191 & 193)
: 10 to 35 Years (Regular Prm Policy)
05 to 35 Years (Single Prm Policy)
15, 20, 25 Years (Ltd.Prm paying term)
25 years
(Table -168)
: YLY - 2%, HLY - 1%, MLY - 5% extra
: ANNUAL PREMIUM - NIL
SGL PRM - Less than 1 lac NIL
- Up to 2 Lacs Rs 0.25 % of S.A.
-2 lacs & above Rs.0.50 % of S.A.
PAID UP VALUE / SV / LOAN

FEMALE
MEDICAL
AGE PROOF
: NO
: CATEGORY I, II.
: YES
: STANDARD
SPECIAL MEDICAL REPORT
: For age above 35 ECG, Haemogram. BST required.
A Claim under Critical Illness Rider becomes payable on the first diagnosis of a critical Illness
during the Policy term after the waiting period of Six months ( Not applicable in Accident cases)
Critical Illness Rider - Only once. Available during the term of the Policy.
Illness Covered: Please refer to relevant circulars.
NRI
INSURANCE TO NON-RESIDENT INDIANS
Definition of NRI: A Non-Resident Indian is a citizen of India ( holding a valid
passport of Govt. of India ) temporarily residing in the country of his/her
present residence.
NRI should not be a Green-Card holder and should not have applied
for or planning to apply in the near future for acquiring citizenship of
his/her present country of residence or any other country.
Green-Card holders and Foreign Nationals of Indian origin are not to
be treated as NRIs for the purpose of allowing Insurance.
NRIs can be allowed Insurance ( policies in Indian Rupee currency
only )
(A) On their visit to India
(B) From their present country of residence through MAIL-ORDER
Business.
In mail order business formalities of proposal completion,
obtaining medical and Special reports, etc are to be completed
in their present country of residence.
FOR NRI
Term Rider & PWB is allowed.
Critical Illness Rider is not allowed.
Mail-Order Business is allowed.
No Limit of Maximum S.A. (under Mail-Order up to Rs. 1 Crore)
Plans allowed as per C.O. Circular No. 2056 dated 25th Feb, 2006.
as stated in Group Of Countries I to VIII.
Non-Medical Special is allowed ( Up to Rs. 5 Lacs )
MAIL-ORDER BUSINESS
Allowed to NRIs only.
Not allowed to Foreign Nationals and Green-Card holders.
Maximum S.A. allowed is Rs. 1 Crore ( Other than pure Term Assurance )
and in case of Pure Term Assurance Maxi. S.A. Rs. 25 Lacs.
Critical Illness Rider not allowed.
FOREIGN NATIONAL (FOR INSURANCE PURPOSE)
A person who was an Indian earlier and has taken the citizenship of
other country is called a Foreign National . A Green-Card holder and who
has applied for Green-Card are also to be treated as Foreign National.
* Permanent resident in Forein Country
* Critical Illness Rider, Term Rider and PWB not allowed.
CONTINUED
NRI
* Maximum S.A. allowed is Rs. 50 Lacs.

* Non-Medical not allowed.
* Joint-Life and Pure Term Assurance and High Risk Plans are not allowed.
* Plan Nos. 88,89,90,91,103,105,106,107,108,133,160,164,168,190 and
901 are not allowed.
* Mail-Order Business is not allowed.
TYPES OF ACCOUNTS MAINTAINED BY NRIs WITH BANKS IN INDIA

ACCOUT TYPE
(1) Non-Resident Ordinary

(NRO)
PURPOSE
To park earnings
Like Rent, Indian
Salary (If any),
Dividend etc
SPECIAL FEATURES
Balance not convertible

to Foreign Currency
(2) Non-Resident External

(NRE)
To park overseas
Savings remitted to
India after converting
To INR (Indian Rupee)
Balance and Interest

not taxable and can be
reconverted whenever
needed
( Funds kept in NRE Account are exposed to Exchange rate risk for e.g. if
Rupee is Rs. 48 to a Us Dollar while depositing, and weakens to Rs. 50 to a
Dollar when one who wants to take money out of India will lose 4 cents/$.)
(3) Foreign-Currency
Non-Resident
(FCNR)
To park overseas
savings without
converting into INR
Balance and interest

not taxable and can be
converted into any
Currency, if needed.
FOREIGN EXCHANGE MANAGEMENT (INSURANCE)

REGULATIONS, 2000 LIFE INSURANCE MEMORANDUM (LIM)
Permitting credit of Foreign Currency claims favouring Non-Residents
to NRE/FCNR Accounts : In the revised LIM the proceeds of the policies
denominated in Foreign Currency or the Rupee policies for which premiums
are paid in Foreign Currency or out of NRE/FCNR Accounts are now permitted
to be credited to NRE/FCNR Accounts of Non-Resident without prior
approval of Reserve Bank.
PLAN-2 WHOLE LIFE POLICY WITH PROFIT
INSURANCE TYPE
: WHOLE LIFE PLAN
MINIMUM AGE ENTRY
: 18 YEARS
MAXIMUM AGE ENTRY
: 60 YEARS
MAXIMUM MATURITY AGE
: 80 YEARS
MINIMUM SUM ASSURED
: Rs. 50,000
MAXIMUM SUM ASSURED
: DOI (DEPENDS ON INCOME)
MODE
: ALL
REBATE FOR MODE
: YLY: 3%,
HLY: 1.5%
1
NON-MEDICAL
: GENERAL :NO
SPECIAL: YES
FEMALE
: CATEGORY I,II,III
AGE PROOF
: STANDARD
DAB
: YES
POLICY LOAN
: YES
HOUSING LOAN
: NO
FORM NO.
: 300/340
BENEFITS
: Premium are payable up to age 80 or
35 years of term whichever is

more. Sum Assured is payable if
Life Assured attains age 80 or
Completion of 40 years from the
date of commencement whichever
is later.
(A) ON DEATH
: (1) NATURAL DEATH: SUM ASSURED +

ACCRUED BONUS
(2)
WITH DAB (ACCIDENTAL DEATH)

DOUBLE SUM ASSURED + ACCRUED
BONUS
PLAN-5 LIMITED PAYMENT WHOLE LIFE POLICY

WITH PROFIT
INSURANCE TYPE
: WHOLE LIFE PLAN
MINIMUM AGE ENTRY
: 12 YEARS
MAXIMUM AGE ENTRY
: 60 YEARS
MINIMUM TERM
: 05 YEARS
MAXIMUM TERM
: 55 YEARS
: 80 YEARS
MAXIMUM PREMIUM
CEASING AGE
MINIMUM SUM ASSURED
: 70 YEARS
: Rs. 50,000
MAXIMUM SUM ASSURED
MODE
: ALL
REBATE FOR MODE
: YLY: 3%,
NON-MEDICAL
FEMALE
: GENERAL : YES,TERM 5 TO 10 YEARS

SPECIAL : YES
: CATEGORY I,II,III
AGE PROOF
: STANDARD / NSAP- I, II, III
DAB
: YES
POLICY LOAN
: YES
HOUSING LOAN
: YES
FORM NO.
: 300/340
BENEFITS
: Premiums are payable for a selected period
HLY: 1.5%
of years or until death if it occurs within this

period.
(A)ON DEATH
With profit limited payment policies do not

cease to participate in profits after
completion of premium paying period but
continue to share in profit until the death of
the life assured.
: (1) NATURAL DEATH: SUM ASSURED

+ ACCRUED BONUS).
(2) WITH DAB (ACCIDENTAL DEATH)
BONUS.
PLAN-14 ENDOWMENT ASSURANCE POLICY

WITH PROFITS
INSURANCE TYPE
: ENDOWMENT PLAN
MINIMUM AGE ENTRY
: 12 YEARS NBD
MAXIMUM AGE ENTRY
: 65 YEARS NBD
MINIMUM TERM
: 5 YEARS
MAXIMUM TERM
: 55 YEARS
: 75 YEARS
MINIMUM SUM ASSURED
: Rs. 50,000
MAXIMUM SUM ASSURED
MODE
: ALL
REBATE FOR MODE
: YLY: 3% ,
NON-MEDICAL
: GENERAL :YES
SPECIAL
HLY: 1.5%
: YES
FEMALE
: CATEGORY I, II, III
AGE PROOF
: STANDARD OR NON STANDARD
DAB
: YES
POLICY LOAN
: YES
HOUSING LOAN
: AMOUNT EQUAL TO S.A. WOULD BE

CONSIDERED FOR COVERAGE OF HOUSING
LOAN
FORM NO.
: 300/340
BENEFITS
(A)
(B)
ON MATURITY
ON DEATH
: SUM ASSURED + ACCRUED BONUS

: (1) NATURAL DEATH: S.A. + ACCRUED
BONUS
DOUBLE S.A. + ACCRUED BONUS
NO FURTHER PREMIUMS TO BE PAID IF
PERMANENT DISABILITY OCCURS
(C) PERMANENT DISABILITY :

BENEFIT
CRITICAL ILLNESS RIDER : YES
TERM RIDER
: YES
PLAN-41 CHILDRENS DEFERRED ENDOWMENT

ASSURANCE WITH PROFITS - VESTING AGE 21 YRS
PLAN-50 CHILDRENS DEFERRED ENDOWMENT
ASSURANCE WITH PROFITS - VESTING AGE 18 YRS
INSURANCE TYPE
:CHILDREN
MINIMUM AGE ENTRY
: 0 YEAR
MAXIMUM AGE ENTRY
PLAN
17 YEARS FOR TABLE: 41 AND

14 YEARS FOR TABLE: 50
MAXIMUM TERM
: 50 YEARS
: 60 YEARS (IN QUINQUENNIAL ONLY)
MINIMUM DEFERMENT
: 4 YEARS
PERIOD
MINIMUM SUM ASSURED
: Rs. 50,000
MAXIMUM SUM ASSURED
MODE
: ALL EXCEPT SSS
NON-MEDICAL
: NO M.E. UPTO 1 CRORE.
AGE PROOF
: STANDARD
DAB
: YES, AFTER DEFERRED DATE
POLICY LOAN
: YES, AFTER DEFERMENT DATE
BENEFITS
: Plan to enable a parent to provide for the

-
(A)
(B)
ON MATURITY
ON DEATH
Child
on deferred date policy vests in favour of LA
on deferred date proposer is having option of
receiving cash option or surrender value.
In case the death of LA before the deferred date:
Refund of all premiums paid
Bonus is payable from deferred date
Premium Waiver Benefit is available under this plan

: (1) NATURAL DEATH: S.A. + ACCRUED
BONUS
PLAN-43 TWO YEAR TEMPORARY ASSURANCE POLICY

WITHOUT PROFITS
INSURANCE TYPE
: TERM
MINIMUM AGE ENTRY
: 18 YEAR LBD
MAXIMUM AGE ENTRY
: 60 YEAR NBD
TERM
: 0.5 , 1, 1.5 AND 2 YEARS
MAXIMUM TERM
: 02 YEARS
: 62 YEARS
MINIMUM SUM ASSURED
: Rs. 3,00,000
MAXIMUM SUM ASSURED
MODE
: SINGLE PREMIUM ONLY
AGE PROOF
: STANDARD AND MUST
POLICY LOAN
: NO
HOUSING LOAN
: NO
BENEFITS
: * This plan is designed to cater to the need
ASSURANCE
of insuring public who require risk cover

for a short period of two years or less.
* The S.A. will be payable only in the event
of LA.s death during the term of the policy
* The proposer is required to pay Medical
Examination Fees.
* New Business underwriting at Divisional
Level only.
* The Name of the Medical examiner will be
suggested by Office.
PLAN-48 ENDOWMENT ASSURANCE BY LIMITED
PAYMENTS WITH PROFITS
INSURANCE TYPE
MINIMUM AGE ENTRY
MAXIMUM AGE ENTRY
MINIMUM TERM
MAXIMUM TERM
: 15 YEARS
: 25 YEARS
POLICY TERM & PPT
: POLICY TERM

MINIMUM SUM ASSURED
MAXIMUM SUM ASSURED
MODE
REBATE FOR MODE
NON-MEDICAL
: 75 YEARS
: ORD : 50,000 SP : 30,000
: ALL + SINGLE PREMIUM
: YLY : 3%, HLY : 1.5%
: GENERAL :YES
SPECIAL : YES
FEMALE
AGE PROOF
DAB
POLICY LOAN
HOUSING LOAN
:
:
:
:
:
FORM NO.
BENEFITS
: 300/340
:
: ENDOWMENT PLAN
: 12 YEARS NBD
: TERM
MAXIMUM AGE AT ENTRY
15
20
25
SINGLE PREMIUM
15
20
25
(A)
(B)
ON MATURITY
ON DEATH
60
55
50
65
YEARS
YEARS
YEARS
YEARS
PREM PAYING TERM

5, 10
5, 10, 15
5, 10, 15, 20
CATEGORY I, II, III

STANDARD OR NON STANDARD
YES
YES
AMOUNT EQUAL TO S.A. WOULD BE
CONSIDERED FOR COVERAGE OF HOUSING
LOAN
: SUM ASSURED + BONUS

: (1) NATURAL DEATH: S.A. + BONUS
DOUBLE S.A. + BONUS
(C) PERMANENT DISABILITY : NO FURTHER PREMIUMS TO BE PAID IF

BENEFIT

TERM RIDER
: YES
: YES
PLAN-52 THE MORTGAGE REDEMPTION ASSURANCE

POLICY WITHOUT PROFITS
INSURANCE TYPE
: ENDOWMENT PLAN
MINIMUM AGE ENTRY
: 18 YEARS LBD
MAXIMUM AGE ENTRY
: 55 YEARS NBD
: 60 YEARS
MINIMUM SUM ASSURED
: ORD: Rs. 50,000/SINGLE PREMIUM : Rs. 10,000
MAXIMUM SUM ASSURED
MODE
: ALL & SINGLE PREMIUM
MEDICAL
: THE PROPONENT WILL BE

REQUIRED TO UNDERGO MEDICAL
EXAMINATION AT HIS/HER COST
FEMALE
: CATEGORY - I
AGE PROOF
: STANDARD/ NSAP- I
POLICY LOAN
: NO
SURRENDER VALUE
: NO
BENEFITS
: This plan is designed to meet the

requirements of institution or
borrowers to ensure that the
outstanding loan is automatically
extinguished in the event of the
death of borrower.
PLAN-58 THE CONVERTIBLE TERM ASSURANCE POLICY

WITHOUT PROFITS
INSURANCE TYPE
MINIMUM AGE ENTRY
MAXIMUM AGE ENTRY
: TERM ASSURANCE
: 20 YEARS NBD
: 50, 44 AND 43 YEARS FOR TERMS
5, 6 AND 7 YEARS RESPECTIVELY
MINIMUM TERM
: 5 YEARS
MAXIMUM TERM
: 7 YEARS
: 55 YEARS
MINIMUM SUM ASSURED

MAXIMUM SUM ASSURED
MODE
MEDICAL
: Rs. 50, 000

: ALL & SINGLE PREMIUM
: MEDICAL ONLY AFTER APPROVAL
OF BRANCH OFFICE. MEDICAL
EXAMINATION AT THE COST OF
PROPOSER.
FEMALE
AGE PROOF
POLICY LOAN
BENEFITS
: CATEGORY I, II
: STANDARD/ NSAP - I
: NO PAID-UP VALUE, SURRENDER
OR POLICY LOAN
:* This plan is designed for those who
are Initially unable to pay larger
premium but Hope to be able to pay in
the near future
*
SUM ASSURED is payable only in

the event of death of the L.A.
before
the expiry of policy term.
Option to convert this plan in to

Limited Payment Life Policy or
an
Endowment Policy, without undergoing
fresh medical Exam at any time
during policy term
except the last 2 years.
PLAN 75
MONEY BACK WITH PROFITS
INSURANCE TYPE
MINIMUM AGE ENTRY
MAXIMUM AGE ENTRY
MINIMUM TERM
MAXIMUM TERM
MINIMUM SUM ASSURED
MAXIMUM SUM ASSURED
MODE
REBATE FOR MODE
:
:
:
:
:
:
:
:
:
:
NON-MEDICAL
FEMALE
AGE PROOF
DAB
POLICY LOAN
HOUSING LOAN
FORM NO.
: GENERAL : YES
SPECIAL : YES
: STANDARD / NON-STANDARD
: YES
: NO
: YES
: 300/340
BENEFITS
: A very popular plan which returns the
MONEY BACK
13 YEARS
50 YEARS
20 YEARS
20 YEARS
70 YEARS
Rs. 50,000
DOI (DEPENDS ON INCOME)
ALL
YLY: 3%, HLY: 1.5%
S.A. at fixed intervals even while the

risk cover for full sum assured continues.
(A)
SURVIVAL BENEFITS
(B)
(C)
ON MATURITY
ON DEATH

TERM RIDER
: AFTER 05 YEARS
20% OF S.A.
AFTER 10 YEARS
20% OF S.A.
AFTER 15 YEARS
20% OF S.A.
: 40% OF S.A. + BONUS
: (1) NATURAL DEATH: S.A. +
ACCRUED BONUS
BONUS
: YES
: YES
PLAN-88 JEEVAN MITRA DOUBLE COVER

ENDOWMENT PLAN WITH PROFITS
INSURANCE TYPE
: ENDOWMENT PLAN
MINIMUM AGE ENTRY
: 18 YEARS COMPLETED
MAXIMUM AGE ENTRY
: 50 YEARS NBD
MINIMUM TERM
: 15 YEARS
MAXIMUM TERM
: 30 YEARS
: 70 YEARS
MINIMUM SUM ASSURED
: Rs. 50,000
MAXIMUM SUM ASSURED
MODE
: ALL
REBATE FOR MODE
: YLY: 3%, HLY: 1.5%
NON-MEDICAL
: GENERAL : NO
SPECIAL : YES
FEMALE
: CATEGORY I, II
AGE PROOF
: STANDARD / NSAP - I
DAB
: YES
POLICY LOAN
: YES
HOUSING LOAN
FORM NO.
BENEFITS
: DOUBLE THE AMOUNT OF S.A.

WOULD BE CONSIDERED FOR
COVERAGE OF HOUSING LOAN
: 300
(A)
(B)
ON MATURITY
ON DEATH

: (1)
(2)
NATURAL DEATH:
DOUBLE THE S.A. + ACCRUED BONUS
TRIPLE S.A. + ACCRUED BONUS
(C) PERMANENT DISABILITY : NO FURTHER PREMIUMS TO BE PAID

BENEFIT
IF PERMANENT DISABILITY OCCURS
CRITICAL ILLNESS RIDER : YES
TERM RIDER
: NO
PLAN-89 JEEVAN SATHI DOUBLE COVER JOINT LIFE PLAN

WITH PROFIT (JOINT LIFE FOR HUSBAND & WIFE)
INSURANCE TYPE
: ENDOWMENT PLAN
MINIMUM AGE ENTRY
: MALE: 21 FEMALE: 18 YEARS
MAXIMUM AGE ENTRY

MINIMUM TERM
MAXIMUM TERM
MINIMUM SUM ASSURED
MAXIMUM SUM ASSURED
MODE
REBATE FOR MODE
:
:
:
:
:
:
:
:
NON-MEDICAL
FEMALE
: GENERAL : NO
SPECIAL: YES
AGE PROOF
DAB
POLICY LOAN
HOUSING LOAN
FORM NO.
BENEFITS
(A) ON MATURITY
(B) ON DEATH
50 YEARS
15 YEARS
30 YEARS
70 YEARS
Rs. 50,000
ALL
YLY: 3%, HLY: 1.5%
FOR HOUSEWIVES:
MAX. SA 2 LACS WITHOUT INCOME PROOF.
For S.A. > 2 lacs to 15 lacs, Female life
Proposed should be graduate and should
Possesses passport or credit card or
Driving licence or Medi claim policy.
:
:
:
:
:
:
:
STANDARD / NSAP - I
YES RS. 2 PER 1000 S.A.
YES
YES
300 & 400
SUM ASSURED + ACCRUED BONUS
: (1) IF ONE PARTNER DIES:

(a)
NATURAL DEATH: SUM ASSURED
(b)

DOUBLE
SUM ASSURED
(c)
No liability of further premium payment
(d)
Risk cover of surviving partner continues
(e)
Payment of sum assured + bonus at

maturity or death of the 2nd partner to the
legal heirs whichever is earlier.
(2)
IF BOTH THE PARTNERS DIE SIMULTANEOUSLY:

(a)
Natural Death: ( 2 x S.A.) + Bonus
(b)
With DAB (Accidental Death): (4 x S.A.)

+ Bonus .
PLAN-90 MARRIAGE ENDOWMENT / EDUCATION

ANNUITY PLAN WITH PROFITS
INSURANCE TYPE
MINIMUM AGE ENTRY
MAXIMUM AGE ENTRY
MINIMUM TERM
MAXIMUM TERM
MINIMUM SUM ASSURED
MAXIMUM SUM ASSURED
MODE
REBATE FOR MODE
NON-MEDICAL
FEMALE
AGE PROOF
DAB
POLICY LOAN
HOUSING LOAN
FORM NO.
BENEFITS
:
:
:
:
:
:
:
:
:
:
:
ENDOWMENT PLAN
18 YEARS
60 YEARS
05 YEARS
25 YEARS
70 YEARS
Rs. 50,000
ALL
YLY: 3%, HLY: 1.5%
GENERAL : YES
SPECIAL : YES
: STD / NON-STD
: YES
: YES
: YES
: 300
: This plan is suitable for making
provision for a start in life,
provision for marriage of child
or education of children. It gives the
certainty and assurance of the
insured
amount being available at the
Predetermined time of wedding or higher
education of the children.
(A)
ON MATURITY
(B)
ON DEATH
: NATURAL DEATH: future premiums stop

ACCIDENTAL DEATH:
in lump sum or in ten HLY instalments
(A) IMMEDIATE PAYMENT OF SUM ASSURED

(as accidental claim)
(B) Premium stop

(C) Payment at maturity S.A. + Bonus for
full term

TERM RIDER
: YES
: YES
PLAN-91 NEW JANA RAKSHA PLAN WITH PROFITS
INSURANCE TYPE
: ENDOWMENT PLAN
MINIMUM AGE ENTRY
: 18 YEARS
MAXIMUM AGE ENTRY
: 50 YEARS
MINIMUM TERM
: 12 YEARS
MAXIMUM TERM
: 30 YEARS
: 70 YEARS
MINIMUM SUM ASSURED
: Rs. 30, 000
MAXIMUM SUM ASSURED

MODE
REBATE FOR MODE
NON-MEDICAL
:
:
:
:
FEMALE
AGE PROOF
WITH RESTRICTION 10 LACS

ALL INCLUDING SSS
YLY: 3%, HLY: 1.5%
GENERAL : YES UPTO Rs. 30,000
SPECIAL : YES
: STD / NON-STD
DAB
POLICY LOAN
HOUSING LOAN
FORM NO.
BENEFITS
: INCL. IN TP
: YES
: YES
: 300
:* The special additional feature of this plan
UPTO S.A. 30000 NO AGE PROOF EXTRA
is that if after at least 2 years premiums

have been paid, even if premiums do not
get paid for any reason full death cover
will be continued for a period of 3 years
from first FUP. If (DAB, it is also
permissible in this extended period).
* within 3 years from first unpaid premium
policy can be revived by paying arrears of
unpaid premium and interest, after 3 years
DGH is required.
(A)
ON MATURITY
(B)
ON DEATH
: (1) NATURAL DEATH: S.A.+ ACCRUED BONUS

DOUBLE S. A. + ACCRUED BONUS
(C) PERMANENT DISABILITY : NO FURTHER PREMIUMS TO BE PAID

BENEFIT
IF PERMANENT DISABILITY OCCURS.
PLAN-93 MONEY BACK WITH PROFITS
INSURANCE TYPE
MINIMUM AGE
ENTRY
: 13 YEARS
MAXIMUM AGE ENTRY
: 45 YEARS
MINIMUM TERM
: 25 YEARS
MAXIMUM TERM
: 25 YEARS
: 70 YEARS
MINIMUM SUM ASSURED
: Rs. 50,000
MAXIMUM SUM ASSURED
MODE
: ALL
REBATE FOR MODE
: YLY: 3%,
NON-MEDICAL
: GENERAL : YES
FEMALE
SPECIAL : YES
AGE PROOF
DAB
: YES
POLICY LOAN
: YES
HOUSING LOAN
: YES
FORM NO.
: 300 / 340
BENEFITS
: A very popular plan which returns the S.A.
: MONEY BACK PLAN
HLY: 1.5%
At fixed intervals even while the risk cover

For full sum assured continues.
(A)
SURVIVAL BENEFITS
: AFTER 05 YEARS
AFTER 10 YEARS
AFTER 15 YEARS
AFTER 20 YEARS
(B)
(B)
ON
ON
: 40% OF S.A. + BONUS

: (1) NATURAL DEATH : S.A.+ ACCRUED BONUS
MATURITY
DEATH
15%
15%
15%
15%
OF
OF
OF
OF
S.A.
S.A.
S.A.
S.A.


TERM RIDER
: YES
: YES
PLAN -102 JEEVAN KISHORE WITH PROFITS
INSURANCE TYPE
:
MINIMUM AGE ENTRY
:
MAXIMUM AGE ENTRY
:
MINIMUM TERM
:
MAXIMUM TERM
:
MINIMUM MATURITY AGE :
MAXIMUM MATURITY AGE:
MINIMUM SUM ASSURED :
MAXIMUM SUM ASSURED :
MODE
:
REBATE FOR MODE
:
MEDICAL
:
FEMALE (PROPOSER)
:
AGE PROOF
:
:
DAB
POLICY LOAN
HOUSING LOAN
ASSIGNMENT
FORM NO.
:
:
:
:
:
:
BENEFITS
(A)ON MATURITY
(B)
ON DEATH
:
:
CHILDREN PLAN
00YEARS LBD
12 YEARS LBD
15 YEARS
35 YEARS
20 YEARS
45 YEARS
Rs. 50000
WITH RESTRICTION Rs. 15 LACS
ALL EXCEPT SSS + SINGLE PREMIUM
ALL YLY : 3% HLY: 1.5%
UPTO 8 LACS NO MEDICAL
CAT I, II
STD
SCHOOL GOING PROOF IfAGE IS 5 YEARS OR
MORE
YES, WITH RESTRICTION
NO
NO
NO
360 UPTO AGE 9 YEARS
340 AGE 10 TO AGE 12 YRS
This plan is specially designed for children
Between 1 to 12 years. Risk coverage starts on
completion of 7 years of age or 2 years from
commencement of the policy whichever is later
SUM ASSURED + BONUS
(1) NATURAL AS WELL AS ACCIDENTAL:
S.A. + BONUS
(C)
(2) DEATH DURING DEFERMENT

PERIOD: ONLY REFUND OF PREMIUMS
PREMIUM WAIVER BENEFIT:
If proposer dies before completing 18
years of age of the child, then premium
will stop upto 18 years of child
(D)
RISK COVER OF THE CHILD:
PARENTS INSURANCE NOT INSISTED UPTO 2 LAKH S.A. * ACCIDENT BENEFIT

FOR 1 LAKH S.A. AUTOMATICALLY AFTER AGE 25 YEARS.
AGE (LBD) RISK COMMENCE FROM

01 TO 04 YEARS
- AFTER 7 YEARS OF AGE 05
TO 10 YEARS
- Second policy anniversary
from date of commencement
11 years - First policy anniversary from
date of commencement 12 years
- Immediately
PLAN -103 JEEVAN CHHAYA PLAN WITH PROFITS
INSURANCE TYPE
CHILDREN PLAN
MINIMUM AGE ENTRY
18 YEARS COMPLETED
MAXIMUM AGE ENTRY
45 YEARS
MINIMUM TERM
18 YEARS
MAXIMUM TERM
25 YEARS
65 YEARS
Rs. 50000
MODE
ALL
REBATE FOR MODE
YLY : 3%
NON-MEDICAL
GENERAL: YES
SPECIAL: YES
HLY: 1.5%
FEMALE
CAT I, II
AGE PROOF
STD / NSAP - I
DAB
YES
POLICY LOAN
NO
HOUSING LOAN
NO
FORM NO.
300
BENEFITS
(A)
ON MATURITY
FIRST INSTALMENT
SA is payable in 4 equal instalments (25%

each)
3 YEARS PRIOR TO MATURITY
SECOND INSTALMENT
2 YEARS PRIOR TO MATURITY
THIRD INSTALMENT
1 YEAR PRIOR TO MATURITY
FINAL INSTALMENT
ON MATURITY ALONGWITH BONUSES
ON DEATH
NATURAL
:
:
(1) S.A.
(B)
ACCIDENTAL
This plan is specially designed for

provision of childs education, marriage
future economic settlement
and
(2) WAIVER OF FUTURE PREMIUM AFTER THE

DEATH OF PROPOSER + AS PER (A)
(1) 2 X S.A.
(2) WAIVER OF FUTURE PREMIUM AFTER THE
DEATH OF PROPOSER + AS PER (A)
PLAN -106 JEEVAN SURBHI WITH PROFIT

(NEW MONEY BACK PLAN)
INSURANCE TYPE
MONEY BACK PLAN
MINIMUM AGE ENTRY
14 YEARS
MAXIMUM AGE ENTRY
55 YEARS
POLICY TERM
15 YEARS
PREMIUM PAYING TERM :
12 YEARS
70 YEARS
Rs. 50000
MODE
ALL
REBATE FOR MODE
YLY : 3%
NON-MEDICAL
GENERAL: NO : SPECIAL: YES
FEMALE
CATEGORY I, II
AGE PROOF
STD / NSAP - I
DAB
YES
POLICY LOAN
NO
HOUSING LOAN
YES
HLY: 1.5%
FORM NO.
BENEFITS
(A) SURVIVAL BENEFITS
(B) ON DEATH
300 / 340
A very popular money back plan with
increasing risk cover after every 5 years.
Premium payment is for lesser period than term
of the policy. * Early returns * Increased
survival benefit * Increase in risk cover (50%
of Sum Assured after every 5 years) * Freedom
from premium payment in last policy year *
Double Accident Benefit upto premium paying
term
PLAN 106-15(12)
AFTER 04 YEARS
AFTER 08 YEARS
AFTER 12 YEARS
AFTER 15 YEARS
30% OF S.A.
30% OF S.A.
40% OF S.A.
BONUS
PERIOD IN YEARS
1-5
6-10
11-15
S.A.
1.5 X S.A. 2 X S.A.
:
Additional Sum Assured is payable during the
premium paying term + Bonus Accrued upto
the date of death
NATURAL
ACCIDENT

INSURANCE TYPE
MINIMUM AGE ENTRY

:
MAXIMUM AGE ENTRY
:
POLICY TERM
:
14 YEARS
50 YEARS
20 YEARS
15 YEARS
70 YEARS
Rs. 50000
MODE
ALL
REBATE FOR MODE
YLY : 3%
NON-MEDICAL
:
:
GENERAL: NO
SPECIAL: YES
FEMALE
CATEGORY I, II
AGE PROOF
STD
DAB
YES
POLICY LOAN
NO
MONEY BACK PLAN
HLY: 1.5%
HOUSING LOAN
YES
FORM NO.
BENEFITS
300 / 340
term
(B) ON DEATH
NATURAL
PLAN 107-20(15)
AFTER 04 YEARS
AFTER 08 YEARS
AFTER 12 YEARS
AFTER 15 YEARS
AFTER 20 YEARS
25% OF
25% OF
25% OF
25% OF
BONUS
S.A.
S.A.
S.A.
S.A.
PERIOD IN YEARS
1-5
6-10
11-15
16-20
S.A.
1.5 X S.A.
2 X S.A.
2.5 X S.A.
:
the date of death
ACCIDENT

INSURANCE TYPE
MINIMUM AGE ENTRY

:
MAXIMUM AGE ENTRY
:
POLICY TERM
:
14 YEARS
45 YEARS
25 YEARS
18 YEARS
70 YEARS
Rs. 50000
MODE
ALL
REBATE FOR MODE
YLY : 3%
NON-MEDICAL
:
:
GENERAL: NO
SPECIAL: YES
FEMALE
CATEGORY I, II
AGE PROOF
STD
MONEY BACK PLAN
HLY: 1.5%
DAB
YES
POLICY LOAN
NO
HOUSING LOAN
YES
FORM NO.
BENEFITS
300 / 340
term
(B) ON DEATH
NATURAL
ACCIDENT
PLAN 108-25(18)
AFTER 04 YEARS
AFTER 08 YEARS
AFTER 12 YEARS
AFTER 15 YEARS
AFTER 18 YEARS
AFTER 25 YEARS
20% OF
20% OF
20% OF
20% OF
20% OF
BONUS
S.A.
S.A.
S.A.
S.A.
S.A.
PERIOD IN YEARS
1-5
6-10
11-15
16-20
21-25
S.A.
1.5XS.A. 2 X S.A. 2.5 X S.A. 3 X S.A.
:
the date of death
PLAN -114 JEEVAN AADHAR PLAN WITHOUT PROFIT
INSURANCE TYPE
MINIMUM AGE ENTRY

:
MAXIMUM AGE ENTRY
:
MINIMUM TERM
:
MAXIMUM TERM
:
22 YEARS
60 YEARS
10 YEARS
35 YEARS (10,15,20,25,30,35)
70 YEARS
Rs. 50000
5 LACS
MODE
ALL
REBATE FOR MODE
YLY : 3%
NON-MEDICAL
GENERAL: NO
SPECIAL: NO
YES
DAB
LIMITED PAYMENT WHOLE LIFE
HLY: 1.5%
AGE PROOF
STD
POLICY LOAN
NO
HOUSING LOAN
NO
BENEFITS
Especially designed for handicapped

dependents. Claim amount is payable partly in
lump sum and partly in the form of an annuity.
Income tax relief
under Sec. 80DDA is also
available. * S.A. + Guaranteed additions +

Terminal additions 20% of the benefit will be in
lump sum 80% of benefit will be in Annuity
certain for 15 years + there after life time to
handicapped dependent. If handicapped
dependent predicating Life Assured L.A. will
have option to keep policy continue for reduced
S.A. or refund of premium
ON DEATH OF L.A.
Benefits to estate of Life Assured

* A trust can be nominee
* Payment can be made to trust
PLAN -133 JEEVAN MITRA TRIPLE COVER ENDOWMENT

ASSURANCE PLAN WITH PROFIT
INSURANCE TYPE
ENDOWMENT PLAN
MINIMUM AGE ENTRY
18 YEARS COMPLETED
MAXIMUM AGE ENTRY
50 YEARS NBD
MINIMUM TERM
15 YEARS
MAXIMUM TERM
30 YEARS
70 YEARS NBD
Rs. 50000
DOI ( DEPENDS ON INCOME)
MODE
ALL
REBATE FOR MODE
YLY : 3%
NON-MEDICAL
GENERAL: NO
SPECIAL: YES
HLY: 1.5%
FEMALE
AGE PROOF
STD / NSAP - I
DAB
YES
POLICY LOAN
YES
HOUSING LOAN
YES
FORM NO.
300
BENEFITS
(A) ON MATURITY
(B) ON DEATH
:
:
CATEGORY I, II
SUM ASSSURED + ACCRUED BONUS

(1) NATURAL DEATH:
TRIPLE THE SUM ASSURED + ACCRUED BONUS

FOUR TIMES OF SUM ASSURED + ACCRUED BONUS
(C) PERMANENT
DISABILITY BENEFIT
NO FURTHER PREMIUMS TO BE PAID IF

CRITICAL ILLNESS RIDER :
YES
TERM RIDER
NO
PLAN -136 JEEVAN VISHWAS WITH PROFIT
INSURANCE TYPE
: Limited payment Endowment Type

FOR REGULAR INCOME TO HANDICAPPED DEPENDANT
MINIMUM AGE ENTRY
20 YEARS
MAXIMUM AGE ENTRY
65 YEARS
MINIMUM TERM
10 YEARS
MAXIMUM TERM
40 YEARS
75 YEARS
Rs. 50000
DOI ( DEPENDS ON INCOME)
MODE
EXCEPT MLY & SSS
REBATE FOR MODE
YLY : 3%
NON-MEDICAL
GENERAL: YES
SPECIAL: YES
HLY: 1.5%
FEMALE
AGE PROOF
STD / NON STD
DAB
YES
POLICY LOAN
NO
HOUSING LOAN
NO
FORM NO.
300
BENEFITS
This plan provides risk cover on the life of

the bread winner and a regular income to the
handicapped dependant security to the
handicapped dependant
On Maturity: S.A.+ Guaranteed additions
+ Loyalty Additions
CATEGORY I, II, III
On Death: S.A. + Guaranteed additions

and Loyalty Additions 20% of Benefit will be
paid in lump sum and 80% of Benefit will be
for immediate annuity to handicapped
dependant * If handicapped dependant dies
before life assured, life assured will have option
to S.A. or to keep policy in force & annuity will
be same as above
PLAN -147 NEW JEEVAN SURAKSHA-1

PLAN -148 NEW JEEVAN DHARA-1 W.E.F. 1-2-2002
INSURANCE TYPE
ANNUITY PLANS (PENSION PLANS)
MINIMUM AGE ENTRY
18 YEARS LBD
MAXIMUM AGE ENTRY
65 YEARS LBD
MINIMUM VESTING AGE
50 YEARS LBD
MAXIMUM VESTING AGE
79 YEARS LBD
MINIMUM DEFERMENT PERIOD
02 YEARS
MAXIMUM DEFERMENT PERIOD
MINIMUM NOTIONAL CASH OPTION:
Rs. 50000 FOR REGULAR PREM POLS.
MINIMUM SINGLE PREMIUM
Rs. 10000/-
MINIMUM YEARLY PREMIUM
Rs. 2500/-
MINIMUM ANNUITY INSTALMENT
Rs. 250/-
MODE OF ANNUITY PAYMENT
YLY, HLY, QLY & MLY
AGE PROOF
STD AGE PROOF REQUIRED
FEMALE
CATEGORY I, II
REVIVAL
YES
TERM RIDER
ALLOWED
ANNUITANT & PROPOSER
NEED NOT BE SAME
LIC STAFF REBATE
5% of Tabular annual premium, 2% on
35 YEARS
Single Pre.
FORM NO.
440 (REVISED)
POLICY LOAN
NO
ASSIGNMENT
NO
TERM RIDER
YES AS PER TERM RIDER RULES
MODE OF PREMIUM PAYMENT
ALL INCLUDING SSS & SINGLE PREM
REBATES ON MODE
REBATE FOR LARGE CASH OPTION :
YLY @ 2.6%, HLY@ 1.3% AND QLY @

0.5%
THIS REBATE IS AVAILABLE UNDER
THE PLANS
* Annuity rates will be that available
under New Jeevan Akshaya Plan * Option for
the annuity types is to be exercised at least
6 months before the date of vesting * Special
surrender value: In case of YLY mode 90% of
all premiums paid excluding the first year
premium and all extra premiums. In case of
single premium plan 90% of the single
premium paid.
Continued..
(PLAN NO 147/148)
2
BENEFITS
(A) ON VESTING : The Notional Cash

Option together with Bonuses (if any) with
or without 25% commutation will be
compulsorily converted into annuity having
following options
ANNUITY FOR LIFE
- Annuity for life with guaranteed
period of 5,10,15,20 years - Joint life

and last survivor annuity to the
annuitant and his/her spouse, under
which annuity payable to the spouse on
death of the purchaser will be 50% of
that payable to the annuitant
- Life annuity with return of
purchase price
- Annuity for life increasing at a
simple rate of 3% per annum
(B) DURING DEFERMENT : in case
of death of annuitant during the
deferment period : refund of all
premiums paid (excluding term
assurance premium and extra premium if
any) accumulated at the rate of 5% p.a.
compounding or at such rates as decided
by the Corporation from time to time will
be paid to the nominee. If Term Rider
option opted Term Rider Sum Assured is
also payable.
PLAN -149 JEEVAN ANAND WITH PROFIT
INSURANCE TYPE
: OMBINATION OF ENDOWMENT & WHOLE LIFE PLAN
MINIMUM AGE ENTRY
:18 YEARS COMPLETED
MAXIMUM AGE ENTRY
:65 YEARS NBD
MINIMUM TERM
:5 YEARS
MAXIMUM TERM
MAXIMUM MATURITY AGE: 75 YEARS NBD
MINIMUM SUM ASSURED : Rs. 100000
MAXIMUM SUM ASSURED : DOI (DEPENDS ON INCOME)
MODE
: ALL
REBATE FOR MODE
: YLY : 3%
NON-MEDICAL
: GENERAL: YES
:57 YEARS
HLY: 1.5%
: SPECIAL: YES
FEMALE
: CAT I,II,III
AGE PROOF
: STD/NON STD
DAB
: INCL IN TP MAX. 5 LAKHS (EXCLUSIVE)

Available during the Prem. paying term and
thereafter up to age 70
POLICY LOAN
: YES
HOUSING LOAN
: YES
FORM NO.
: 300 (REV)
BENEFITS
: * Basically the plan is a combination of the
DEATH BENEFIT
CRITICAL RIDER
Whole Life Plan and Endowment Plan

* On survival of the term Basic Sum
Assured + Reversionary Bonus + Final
additional bonus is payable, but the risk cover on
the life continues till death
* Premiums are payable during the
Endowment term or until death, whichever
is earlier
: Sum Assured alongwith vested bonuses
are payable on death during the term and
policy ceases. An amount equal to S.A. is
payable if death occurs after the premium
paying term (no bonus is payable)
: YES
PLAN -159 KOMAL JEEVAN (W.E.F. 14-11-2002)
INSURANCE TYPE
MINIMUM AGE ENTRY
CHILDREN MONEY BACK PLAN WITH

GUARANTEED ADDITION
0 YEAR LBD
MAXIMUM AGE ENTRY

MATURITY AGE
MODE
MINIMUM SUM ASSURED
MODE REBATE
MEDICAL EXAM
DAB
AGE PROOF
POLICY LOAN
REVIVAL
MINIMUM TERM
MAXIMUM TERM
PROPOSAL FORM
PROPOSER
:
:
:
:
:
:
:
:
:
:
POLICY AS A GIFT
COMMENCEMENT OF RISK:
Either after 2 years from date of

commencement of the policy or from the policy
anniversary immediately following the
completion of 7 years of age
PAID-UP VALUE
SURRENDER VALUE
:
:
After payment of 3 full years premium

After payment of 3 full years premium
GUARANTEED
SURRENDER VALUE
(1)
BEFORE THE DATE OF

COMMENCEMENT OF RISK
90% of the premiums paid
excluding the premiums paid during the
first year
(2)
AFTER THE DATE OF COMMENCEMENT

OF RISK: 90% of the premiums paid
before the date of commencement of risk
excluding the premiums paid
during
the first policy year plus 30% of the
premiums paid after the date of
commencement of risk
:
:
:
:
10 YEARS NBD
26 YEARS LBD
YLY,HLY,QLY,SSS & SINGLE PREMIUM
Rs. 100000 THEREAFTER IN MULTIPLE OF
Rs.25,000
Rs. 25,00,000 within the overall
permissible limit of Rs.50 lakhs
YLY 2%, HLY 1%
NO
NO
STD
NO
YES
08 YEARS
18 YEARS
360
Father or Mother (Female cat-I,II) or
Legal guardian (if parents are not alive)
Close relatives can gift Single Premium
policy under this plan. Even in case of gift
proposer should be either father or mother or
legal guardian as the case may be
conted
..2.
(3)
PLAN NO. 159
SINGLE PREMIUM POLICY: 90% of

the single Premium G.S.V is subject
to deductions of instalment benefits,

extra premiums and rider premiums
BENEFITS
(A) SURVIVAL BENEFIT
: Life assured attaining age 18 years 20% of S.A.

Life assured attaining age 20 years 20% of S.A.
(B) GUARANTEED ADDITION:
(C) LOYALTY ADDITION
(D) DEATH BENEFIT
(E) PREMIUM WAIVER

BENEFIT
Rs.75 per 1000 S.A. per annum will be

payable on death or on maturity (i.e. on policy
anniversary immediately after the L.A. attains
age of 26 years)
:
is payable on maturity or early death
depending upon the experience of the
Corporation. No loyalty addition will be payable
in surrendered or discounted or made paid up
before date of maturity or the date of death.
:
In case of death of the L.A. before the
commencement of risk, the policy shall
stand cancelled and premium paid (Excluding
the premium waiver benefit and term rider
premiums) under the policy will be refunded in
full.
However, if death occurs after commencement
of risk but before policy matures the full S.A.
together with guaranteed additions is payable
without any deduction or adjustment for the
amount that may have been paid earlier by way
of survival benefits.
:
(F) TERM RIDER BENEFIT :
The proposer only (not the donor) upto

the age 50 NBD can avail of this benefit. The
deferment period is taken as 18 years minus
age at entry.
The proposer only (not the donor) to the
extent of 20% of the basic S.A. under the
policy not exceeding Rs. 100000/- The benefit
will be payable in case the proposer dies before
the child attains age 18 years LBD
PLAN -162 LICS JEEVAN SHREE-1 (W.E.F. 1-9-2003)
INSURANCE TYPE
MINIMUM AGE ENTRY
: ENDOWMENT
MAXIMUM AGE ENTRY

:
MINIMUM TERM
:
MAXIMUM TERM
:
MODE
:
REBATE FOR MODE
:
REBATE FOR HIGH SA
:
65
05
25
75
YEARS NBD
YEARS
YEARS
YEARS NBD
Rs. 500000(thereafter in multiple of Rs. 1 lakh)

ALL MODES EXCEPT MLY + SINGLE PREMIUM
YLY: 2% HLY:1%
FOR SA 50 LAKH & ABOVE Rs. 0.50 %0 for
regular premium and Rs. 2.00 %0 for single
premium. No CEIS rebate
NON-MEDICAL
: GENERAL: NO
: SPECIAL: YES
COST OF MEDICAL EXAM WILL BE BORN BY LIC
SUBJECT TO A LIMIT OF RS. 4 %0 SA OF THE
BASIC PLAN
FEMALE
: CATEGORY I, II
AGE PROOF
: STD
POLICY LOAN
: YES
REVIVAL
: YES
HOUSING LOAN
: YES
DAB
: YES maximum limit 50 lakhs (inclusive)
FOR POLICY TERM OR UPTO AGE 70 YEARS
PROPOSAL FORM
: 300
BACK DATING
: YES, allowed
PREM.PAYING TERM
: POLICY TERM
PREM.PAYING TERM IN YEARS
05 YEARS
1,2,3
10 YEARS
1,2,3,4,6
15 YEARS
1,2,3,4,6,8,10
20 YEARS
1,2,3,4,6,8,10,12
25 YEARS
1,2,3,4,6,8,10,12,16
PAID UP VALUE
: (1) FOR PPT 10 YEARS OR LESS AFTER 1 YEAR
(2) FOR PPT MORE THAN 10 YEARS AFTER 2 YEARS
GSV
SPECIAL SURRENDER
VALUE
: AFTER PAYMENT OF 3 YEARS PREMIUM

30% OF PREMIUMS PAID EXCLUDING FIRST
PREMIUM AND EXTRA PREMIUM. IN CASE OF
SINGLE PREMIUM 90% OF S.P. EXCLUDING
PREMIUM FOR OPTIONAL BENEFITS AND
EXTRA IF ANY
: AFTER PAYMENT OF 1 YEARS PREMIUM
(SUBJECT TO 1/10 TH OF TOTAL PREMIUM)
CONTD
PLAN NO. 162
TRANSFERABILITY
BENEFITS
: THIS POLICY UNDER KEY-MAN INSURANCE IS

TRANSFERABLE SUBJECT TO CERTAIN CONDITIONS
(A) MATURITY
(B) DEATH CLAIM
:
: SUM ASSURED + VESTED GUARANTEED
ADDITION (@Rs.50/- PER 1000 S.A. PER
ANNUM FOR THE FIRST 5 YEARS) AND
REVERSIONARY BONUSES DECLARED FROM
TIME TO TIME BY LIC
: AS ABOVE
CRITICAL ILLNESS RIDER:
YES
TERM RIDER
YES
PLAN -164 ANMOL JEEVAN-I (WITHOUT PROFIT)
INSURANCE TYPE
PURE TERM ASSURANCE PLAN
MINIMUM AGE ENTRY
18 YEARS COMPLETED
MAXIMUM AGE ENTRY
55 YEARS NBD
65 YEARS
MINIMUM TERM
5 YEARS
MAXIMUM TERM
25 YEARS
Rs. 500000
LESS THAN Rs. 25 LAKH (POLICY WILL BE

ISSUED IN MULTIPLES OF RS. 1,00,000)
MODE
ALL MODES AND SINGLE PREMIUM
REBATE FOR MODE
YLY : 1% OF ANNL.PREM. HLY: NIL
REBATE FOR S.A.
Regular: NIL
S.P.: 1% of SA FOR SA 25 lacs & above
REBATE FOR STAFF
10% of Tab. Prem. For YLY & HLY mode

for SP 2% of Tab. Prem.
FEMALE
CAT I,II
AGE PROOF
STD
NON-MEDICAL
NO
MEDICAL
YES
PAID UP VALUE
NO
SURRENDER VALUE
NO
POLICY LOAN
NO
GRACE PERIOD
15 DAYS
FORM NO.
300 (REV)
BENEFITS
This is a pure term assurance plan

providing risk cover at a very low cost.
(A) On Death : During the term of the
policy S.A. is payable
(B) Maturity : NIL
PLAN -165 JEEVAN SARAL
(WITH PROFIT)
INSURANCE TYPE
MINIMUM AGE ENTRY
MAXIMUM AGE ENTRY
: 60 YEARS NBD
TERM
: 10 TO 35 YEARS
MINIMUM PREMIUM
: Rs. 250 per month for entry age upto 49 years

: Rs.400 per month for entry age 50 years
and above
MAXIMUM PREMIUM
: Rs. 10,000/- per month
MODE
: YLY, HLY,QLY, SSS
TERM RIDER
: Age at entry 18 to 50 years minimum S.A. Rs. 1 lac
REBATE FOR MODE
: YLY : 2%
LARGE S.A. REBATE
: NIL
CEIS REBATE
: 10% OF T.A.
DAB
: YES
BACK DATING
: YES
SURRENDER VALUE
: After 3 years
G.S.V.
: 30% of total premiums paid excluding first

year and extra premiums paid
PAID UP VALUE
: After 3 years
PARTIAL SURRENDER
: Allowed
AUTO COVER
: Available for one year from FUP (if 3 years

premiums are paid)
POLICY LOAN
: YES
FORM NO.
: 300 & 340
BENEFITS
(A) MATURITY
: S.A. + LOYALTY ADDITION
(B)DEATH
: (250 X MONTHLY BASIC PREMIUM)
: CONVENTION PLAN WHICH PROVIDES HIGH RISK

COVER, SMOOTH RETURNS AND FLEXIBILITY
HLY: 1%
+ (RETURN OF PREMIUMS PAID EXCLUDING

FIRST YEAR AND EXTRA/RIDER PREMIUMS)
+ (LOYALTY ADDITION)
PLAN -167 LICS JEEVAN PRAMUKH (WITH PROFIT)
INSURANCE TYPE
: ENDOWMENT
MINIMUM AGE ENTRY
MAXIMUM AGE ENTRY
: 65 YEARS NBD
POLICY TERM
: 5,10,15,20 OR 25 Years
PREM. PAYING TERM
: 3, 4 AND 5 YEARS
MINIMUM SUM ASSURED : Rs. 10 Lakhs
MAXIMUM SUM ASSURED : NO LIMIT (the SA shall be in multiple of

Rs. 1 lac)
REBATE FOR MODE
: YLY: 2% of the Tab. Prem.- HLY : 1% of Tab. Prem

QLY: NIL, MLY: 5% extra of Tab. Prem.
LARGE SA REBATE
: Upto & including Rs. 50 lakhs: Nil

Above Rs.50 lakhs: Rs.0.50 per 1000 SA
CEIS REBATE
: 3% of Tab. Prem.
GUARANTEED ADDITIONS: @ Rs.50/- per thousand per year for

first 5 years
PARTICIPATION IN PROFITS: From 6th policy year onwards
PAID UP VALUE
: Yes, after one year
SURRENDER VALUE
: Yes, after one year
BENEFITS
(A) MATURITY
: S.A.+ Guaranteed Addition + Vested Bonus +

Terminal Bonus (if any)
(B) DEATH
: S.A.+ Guaranteed Addition + Vested Bonus +

Terminal Bonus (if any)
LOAN
: YES
UNDERWRITING
: All underwriting rules will be the same as that

applicable to Endowment Assurance Plans
AGE PROOF
: Only Standard age proof is acceptable
ACCIDENT BENEFIT
: NO
PLAN 168 JEEVAN ANURAG (WITH PROFIT)
ENDOWMENT PLAN
20 YEARS NBD
60 YEARS NBD
70 YEARS NBD
5 YEARS FOR SINGLE PREMIUM
& 10 YEARS FOR REGULAR PREMIUM
MAXIMUM TERM
: 25 YEARS
MINIMUM SUM ASSURED : Rs. 50,000 (THEREAFTER IN MULTIPLE OF Rs. 5000/-)
MAXIMUM SUM ASSURED : NO LIMIT
MODE
: ALL MODES & SINGLE PREMIUM
REBATE FOR MODE
: YLY : 2%
REBATE FOR HIGH S.A.
: SA Rs.105000 & above Rs. 2%0 S.A.
NON-MEDICAL
: GENERAL: YES
INSURANCE TYPE
:
MINIMUM AGE ENTRY
:
MAXIMUM AGE ENTRY
:
MINIMUM TERM
:
HLY: 1%, MLY: 5% EXTRA
: SPECIAL: YES
AGE PROOF
FEMALE
: STD/ NSAP-I UPTO 5 LACS (inclusive of all

term insurance plan)
: CAT I,II,III
POLICY LOAN
: YES
REVIVAL
: YES
DAB
: YES
FORM NO.
: 300
BACK DATING
: YES
PAID UP VALUE
: AFTER 3 YEARS PREMIUM
G.S.V.
: After payment of 3 years premium 30% of

Premiums paid excluding first year premium and
extra premium. Under Single Premium-90% of
premiums paid excluding extra premium and
optional/rider premium
BENEFITS
DEATH BENEFIT
ASSURED BENEFIT
: Sum Assured
: 20% of SA at start of every year during last 3
Years
Maturity: 40% of S.A. + Reversionary
bonus+ terminal bonus (if any)
TERM ASSURANCE RIDER:

CRITICAL ILLNESS OPTION:
YES
YES
PLAN -169
JEEVAN NIDHI
INSURANCE TYPE
: ENDOWMENT + DEFERRED ANNUITY PLAN
MINIMUM AGE ENTRY
MAXIMUM AGE ENTRY
: 65 YEARS NBD
MINIMUM TERM
DEFERMENT TERM
: 6 YEARS FOR S.P. & 5 YEARS FOR REGULAR PREM.
MAXIMUM TERM
DEFERMENT TERM
: 35 YEARS
MIN/MAX VESTING AGE
: 40 YEARS/ 75 YEARS LBD
MINIMUM SUM ASSURED : Rs. 50,000
MAXIMUM SUM ASSURED : NO LIMIT
MODE
: ALL MODES & SINGLE PREMIUM
REBATE FOR MODE
: YLY: 2%, HLY: 1%
REBATE FOR S.A.
: Regular: Rs.105000 to 3 lacs: 1%, S.A. above

305000: 2%
S.P.: 105000 to 3 lacs: 5%, SA above 305000: 10%
REBATE FOR STAFF
: 2% of SP & Regular Prem. : 2.75%
NON-MEDICAL
: GENERAL: YES
FEMALE
: CAT I,II,III
AGE PROOF
: STD/NON STD with extra
POLICY LOAN
: YES
REVIVAL
: YES @ 9% P.A. INTEREST PAYABLE HLY.
DAB
: YES
POLICY LOAN
: NO
PAID UP VALUE
: AFTER 3 YEARS
G.S.V.
REVIVAL
: After payment of 3 years premiums 30% of

premiums paid excluding first year premium and
extra premium. Under Single Premium-90% of
premiums paid.
: YES
SPECIAL: YES
BACK DATING
: YES
FORM NO.
: 300
GUARANTEED ADDITIONS: @ Rs.50/- per thousand per year for

first 5 years
PARTICIPATION IN PROFITS: From 6th policy year onwards
CONTD.
PLAN NO. 169
BENEFITS
ON VESTING
: S.A. + G.A. + VESTED BONUS +

TERMINAL BONUS (if any)will be converted into
annuity with an option to commute 1/3 of the
amount.
ON DEATH BEFORE
VESTING
: S.A. + G.A. + VESTED BONUS +

TERMINAL BONUS (if any)
: L.A. has the option to purchase annuity from
LIC or any other insurance company
ANNUITY OPTION
TERM ASSURANCE RIDER : YES
CRITICAL ILLNESS OPTION: YES
PREMIUM WAIVER BENEFIT: YES
PLAN-171 BIMA NIVESH W.E.F. 21-03-2005
INSURANCE TYPE
MINIMUM AGE
MAXIMUM AGE ENTRY
: 70 YEARS
TERM
:5
: 75 YEARS
MINIMUM SUM ASSURED
: Rs. 25000
MAXIMUM SUM ASSURED
MODE
: SINGLE PREMIUM
PREMIUM RATE
: RS. 995 FOR 5
: SINGLE PREMIUM
ENTRY
AND 10 YEARS
YEARS TERM AND
RS. 976 FOR 10 YEARS TERM FOR

S.A. RS. 1000.
FORM NO.
: 300 / 340
POLICY LOAN
: YES , AFTER 1 YEAR
HIGH S.A. REBATE
: FOR 50001 to 1 LACS - 1 % of Prm in

excess of Rs. 50000 and above 1 Lac
Rs. 500 + 1.5 % of Prm in excess of Rs. 1 lac
REBATE TO STAFF
BENEFITS
(A)
(B)
ON
ON
: 2 % OF TABULAR PREMIUM
:
MATURITY
DEATH
TERM RIDER
: S.A. + Guaranteed Addition +

:
Loyalty Adiition
S.A. + Guaranteed Addition +
Term rider S.A. (if opted )
: YES
Age at Entry
18 to 50 years
Max Maturity age : 60 years

Minimum S.A.
: 1 Lac
Max S.A.
: S.A. sub to 50 Lacs
BACK DATING
GURANTEED ADDITION
: YES
:
i) For 5 year Term : Rs. 50 per thousand per year
ii) For 10 year Term : Rs. 55 per thousand per year
PLAN-175 - BIMA
BACHAT
(W.E.F 14-11-2005)
INSURANCE TYPE
MINIMUM AGE
MAXIMUM AGE ENTRY
: 66 YEARS NBD
TERM
: 9, 12 OR 15
: 75 YEARS NBD
MINIMUM SUM ASSURED
: Rs. 20000 ( IN MULTIPLES OF RS.5000 )
MAXIMUM SUM ASSURED
MODE
: SINGLE PREMIUM
S.A. REBATE
: < 50,000 Nil, 50,000 to less than 1 lacs
: MONEY BACK PLAN
ENTRY
: 15 YEARS (COMPLETED)
YEARS
- 5 %, 1 lacs to Less than 2 lacs - 7%,

2 lasc & above - 8%
NON-MEDICAL
: YES
FEMALE
AGE PROOF
DAB
: NO
POLICY LOAN
: YES
HOUSING LOAN
: NO
FORM NO.
: 300 / 340
(A)
BENEFITS :
SURVIVAL BENEFITS
FOR POL. TERM . 9 YRS
: 15% of S.A. at the end of each 3rd & 6TH
FOR POL. TERM 12 YRS

FOR POL TERM 15 YRS
(B)
ON
MATURITY
(C)
(D)
(E)
ON DEATH
SURRENDER VALUE
GURANTEED S.V.
policy year
: 15% of S.A. at the end of each 3rd , 6TH &
9th policy year
: 15% OF S.A. at the end of each 3rd , 6TH ,
9th & 12th policy year.
: SINGLE PREMIUM PAID (EXCLUDING EXTRA
PREMIUM) + LOYALTY ADDITION.
: SUM ASSURED
: AFTER 1 YEAR
: 90 % OF Single premium excluding
extra premium paid & survival benefits paid.
PLAN -178 LICS JEEVAN TARANG (WITH PROFIT)

W.E.F. 17/3/2006
INSURANCE TYPE
: WHOLE OF LIFE PLAN
MINIMUM AGE ENTRY
: 0 YEARS
MAXIMUM AGE ENTRY
: 60 YEARS NBD
ACCUMULATION PERIOD : 10, 15 AND 20 YEARS
ACCUMULATION PERIOD : 10, 15 AND 20 YEARS
PREMIUM PAYING TERM : 6, 10, 15 AND 20 YEARS
MAX. PREMIUM CEASING
AGE
: 70 YEARS NBD
LIFE COVER AVAILABLE :UP TO AGE 100 YEARS (COMPLETED)
MIN. AGE AT THE END OF
ACCUMULATION PERIOD : 18 YEARS (COMPLETED)
MODE
: SINGLE PREM., YLY, HLY, QLY, MLY,SSS
MINIMUM SUM ASSURED : Rs. 1 Lakh (thereafter in multiples of Rs.5000)
MAXIMUM SUM ASSURED : DOI (DEPENDS ON INCOME)
AGE PROOF
: STANDARD / NON-STANDARD (WR)
DAB
: YES (during accumulation period)
TERM RIDER
: YES (during accumulation period)
CRITICAL ILLNESS RIDER: YES (during accumulation period)
PWB
: YES, ALLOWED
POLICY LOAN
: YES
MODE REBATE
: YLY 2%, HLY 1%, MLY 5% EXTRA
HIGH S.A. REBATES
: For Regular Premium:
Rs. 1.25%o S.A. for S.A. Rs. 2 lakh & over
For Single Premium:
CEIS REBATE
: 2% of the Single Premium
5% of Regular premium for PPT: 10 yrs
NON-MEDICAL
FEMALE
MINOR LIVES
PAID-UP VALUE
GUARANTEED S.V.
10% of Regular premium for PPT: 15 & 20 yrs

: GENERAL: YES, SPECIAL: YES
: CATEGORY: I, II & III (with restriction)
: Age entry upto 10 years
Completed: No Medical/Special reports age
entry greater than 10 years
Completed: Medical + Special reports based on
SUC
: AFTER 3 YEARS
: (A) DURING ACCUMULATION PERIOD:
*
for Single Premium policies:- after 1 year 90%of

S.P. excluding all rider / extra prem. Plus cash value
of vested bonuses (if any)
for Regular Premium policies:- after 3 years
30% of the total amount of Premiums paid excluding
first year premium & extra prem.
..2
CONTINUED
PLAN NO.178
*
*
If the age at entry of the L.A. is less than or equal

to 12 years, the GSV will be:
Before commencement of risk: 90% of the total
premiums paid (excluding first year & extra prem.)
After commencement of risk: 90% of the total
premiums (excluding first year & extra premium)
paid before commencement of risk and 30% of
premiums paid (excluding any extras) after the
commencement of risk.
(B) AFTER ACCULUMULATION PERIOD: 85%

OF THE BASIC S.A.
REVIVAL
: YES
BACK DATING
: YES
FORM NO.
: 300, 340, 360
BENEFITS
(A) SURVIVAL BENEFITS : 1.
At the end of accumulation period: Vested

Bonus
2.
5 % of the S.A. will be payable on
survival to the end of each year after the
accumulation period.
(B) MATURITY BENEFITS : On completion of 100 years of age
S.A. + Loyalty Addition
(C) DEATH BENEFITS
: During Accumulation period
S.A. + Vested Bonus
After the Accumulation period

S.A. + Loyalty Addition
Life Assured is aged less than or equal to
12 years:
Return of Premiums paid without
any interest.
----------
PLAN -179 LICS NEW BIMA GOLD (WITH PROFIT)

W.E.F. 4/9/2006
INSURANCE TYPE
MINIMUM AGE ENTRY

MAXIMUM AGE ENTRY
AGE AT EXPIRY OF
EXTENDED TERM
:
POLICY TERM
:
MODE
: YLY, HLY, QLY AND MLY
MODE REBATE
: YLY 2%, HLY 1%, MLY 5% EXTRA
HIGH S.A. REBATES
CEIS REBATE
: Less than Rs. 1 lakh: NIL

Rs. 1lakh or more but less than Rs. 2 lakhs :
Rs. 5%o S.A., Rs. 2 lakhs & above : Rs. 7.5%o
S.A.
: 10% of T.P.
PAID UP VALUE
: AFTER 3 YEARS
POLICY LOAN
: YES
: MONEY BACK PLAN, LOW COST & EXTENDED

RISK COVER
: 14 YEARS (completed)
: 57 YEARS NBD for term 12 years
MAXIMUM 75 YEARS NBD
Rs. 50000 (thereafter in multiples of Rs.5000)
NO LIMIT
12, 16 AND 20 YEARS
NON-MEDICAL
: GENERAL: YES, SPECIAL: YES
FEMALE
: CATEGORY: I, II & III
AUTO COVER
: Yes, up to 2 years from FUP (if at least two

Full years premiums have been paid)
LOYALTY ADDITIONS : At the time of Maturity (one time) depending

Upon the experience of the Corporation
DAB
: Yes, available during the term of the policy
But not applicable during the extended term
EXTENDED TERM
: HALF OF THE POLICY TERM
AGE PROOF
: STANDARD
UNDERWRITING
: Same as for Endowment Plan
CONTINUED
Plan-179
:2 :
GUARANTEED S.V.
: After 3 years, 30% of total premiums paid

Excluding first year premium, all extra
Premiums paid, DAB premium and the amount of survival

benefits paid earlier.
BENEFITS
(A) Death Benefits
(B) Survival Benefits
:
: During the Policy term: S.A.
During the extended Term: 50% of S.A.
: For policy term 12 years:
15% of the S.A. at the end of each 4th, 8th Policy Yr.
For policy term 16 years:
15% of the S.A. at the end of each 4th, 8th & 12th
Policy year
For policy term 20 years:
10% of the S.A. at the end of each 4th, 8th 12th &
16th Policy year
On expiry of Policy Term:
Total amount of Premiums paid ,
(Excluding extra/optional rider premiums, if any)
plus loyalty additions, if any, less the amount
of survival benefits paid earlier.
REVIVAL
: YES
FORM NO.
: 300 or 340
CRITICAL ILLNESS RIDER: NO
TERM RIDER
: NO
----------
PLAN -184 LICS CHILD CAREER PLAN WITH PROFITS
INSURANCE TYPE
:
MINIMUM AGE ENTRY
:
MAXIMUM AGE ENTRY
:
POLICY TERM
:
MODE
:
REBATE FOR MODE
:
FEMALE (PROPOSER)
:
AGE PROOF
:
:
AUTO COVER
PREMIUM WAIVER BENI
BACK DATING
POLICY LOAN
HOUSING LOAN
ASSIGNMENT
SUCIDE CLAUSE
:
:
:
:
:
:
:
EXTENDED TERM
CHILDREN PLAN
00YEARS LBD
12 YEARS LBD
23 YEARS LBD
27 YEARS LBD
Rs. 100000
Rs. 1 CRORE(IN MULTIPLE OF Rs. 5000)
11 TO 27 YEARS
6 YEARS & POLICY TERM LESS 5 YEARS
YLY, HLY, QLY, SSS
YLY : 2% HLY: 1%
CAT I, II
STD
SCHOOL GOING PROOF IF AGE IS 5 YEARS OR
MORE
FOR 2 YEARS (AFTER 2 YEARS)
YES
YES
NO
NO
NO, BUT ALLOWED AFTER VESTING
Not applicable for the basic Plan but
Applicable for optional PWB
7 Years from the date of expiry of Policy
Term. (No premiums are payable during the

extended term of Plan)
FOR PROPOSER (IF PWB IS OPTED FOR)
MINIMUM AGE ENTRY

:
18 YEARS LBD
MAXIMUM AGE ENTRY
:
55 YEARS NBD
MAX. AGE AT THE END OF
70 YEARS NBD
FORM NO.
:
340 ,360
BENEFITS :This plan is specially designed to meet the

increasing educational and other needs for children Between 1 to 12 years. It
provides Risk coverage on the life of child not only during the policy term but
also during the extended term.
Survival Benefit : On life assured surviving to the end of the
specified durations an amount as specified below is payable:
5 years before the date of expiry of policy term - 30% of the Sum Assured along
with vested Simple Reversionary Bonuses
4 years before the date of expiry of policy term - 15% of the Sum Assured
1 year before the date of expiry of policy term - 15% of the Sum Assured
On the date of expiry of policy term - 15% of the Sum Assured along with Final
(Additional) Bonus, if any.
..2
CONTINUED
PLAN NO.184
Death Benefit :
On death after the Date of Commencement Of Risk

(i) If death occurs within the period from date of commencement of risk to 5
years before the date of expiry of policy term: Sum Assured along with Vested
Simple Reversionary Bonuses and Final (Additional) bonus (if any) is payable.
(ii) If death occurs within 5 years before the date of expiry of policy term: Sum
Assured along with Final (Additional) bonus (if any) is payable.
On death during the Extended Term - Sum Assured is payable.
On death before the Date of Commencement of Risk - All the premiums paid
(excluding premium for extra and premium waiver benefit, if any,) along with
interest of 3% p.a compounding yearly shall be payable.
RISK COVER OF THE CHILD:For child age entry less than or equal to
10 years Risk Commence fromeither after 2 years from DOC or 5 years age of
LA whichever is later. For age entry 10 to 12 years the risk shall commence
from the policy anniversary coinciding with or next following 12 th birthday of
LA. Age 12 years or more risk will commence immediately.
MATCHING INSURANCE: Parents Insurance will not be insisted.
upto Rs.2 Lacs S.A. (If PWB is not opted) upto Rs.5 Lacs S.A. (If PWB is
opted for and allowed)
Guaranteed Surrender Value :The policy can be surrendered for cash
provided at least three full years' premiums have been paid.
The Guaranteed Surrender Value allowed under this Policy is as under:

i. Before the Date of Commencement of Risk : 90 percent of the total amount of the
premiums paid excluding the premiums paid for the first year.
ii. After the Date of Commencement of Risk : 90 percent of the total amount of the
premiums paid before the Date of Commencement of Risk, together with 30 percent
of total amount of premiums as have been paid on and after Date of Commencement
of Risk excluding the premiums for the first year.
The Guaranteed Surrender Value calculated above shall be subject to following deduction
of the total amount of survival benefits that might have become due on or before the date of
surrender. Further all extra premiums and/or any other premium including premium for
Premium Waiver Benefit, if any shall not be considered in the premiums refunded.
Cash Value of any existing vested bonuses, if any, shall also be allowed if not paid earlier.
If less than three full years premiums have been paid under the policy, then nothing shall be
payable.
PLAN -185 LICS CHILD FUTURE PLAN WITH PROFITS
INSURANCE TYPE
:
MINIMUM AGE ENTRY
:
MAXIMUM AGE ENTRY
:
POLICY TERM
:
MODE
:
REBATE FOR MODE
:
FEMALE (PROPOSER)
:
AGE PROOF
:
:
AUTO COVER
PREMIUM WAIVER BENI
BACK DATING
POLICY LOAN
HOUSING LOAN
ASSIGNMENT
:
:
:
:
:
:
CHILDREN PLAN
00YEARS LBD
12 YEARS LBD
23 YEARS LBD
27 YEARS LBD
Rs. 100000
Rs. 1 CRORE(IN MULTIPLE OF Rs. 5000)
11 TO 27 YEARS
6 YEARS & POLICY TERM LESS 5 YEARS
YLY, HLY, QLY, SSS
YLY : 2% HLY: 1%
CAT I, II
STD
SCHOOL GOING PROOF IfAGE IS 5 YEARS OR
MORE
FOR 2 YEARS (AFTER 2 YEARS)
YES
YES
NO
NO
NO, BUT ALLOWED AFTER VESTING
SUCIDE CLAUSE
EXTENDED TERM
Not applicable for the basic Plan but

Applicable for optional PWB
7 Years from the date of expiry of Policy
Term. (No premiums are payable during the
extended term of Plan)
FOR PROPOSER (IF PWB IS OPTED FOR)
MINIMUM AGE ENTRY

:
18 YEARS LBD
MAXIMUM AGE ENTRY
:
55 YEARS NBD
MAX. AGE AT THE END OF
70 YEARS NBD
FORM NO.
:
340 ,360
BENEFITS : This plan is specially designed to meet the

increasing educational, marriage and other needs for children Between 1 to 12
years. It provides Risk coverage on the life of child not only during the policy
term but also during the extended term.
Survival Benefit : On life assured surviving to the end of the
Specified durations an amount as specified below is payable:
5 years before the date of expiry of policy term 25% of the Sum Assured.
4 years before the date of expiry of policy term - 10% of the Sum Assured.
3 years before the date of expiry of policy term - 10% of the Sum Assured.
1 year before the date of expiry of policy term - 10% of the Sum Assured
On the date of expiry of policy term - 50% of the Sum Assured along with
Bonus and Final (Additional) Bonus, if any.
..2
CONTINUED
PLAN NO.185
Death Benefit :
RISK COVER OF THE CHILD:For child age entry less than or equal to
On death after the Date of Commencement of Risk but

before the date of expiry of policy term -Sum Assured along with Vested Simple
Reversionary Bonuses and Final (Additional) bonus (if any) is payable.
On death during the Extended Term - Sum Assured is payable.
On death before the Date of Commencement of Risk - All the premiums paid
(excluding premium for extra and premium waiver benefit, if any,) along with
interest of 3% p.a compounding yearly shall be payable.
10 years Risk Commence from either after 2 years from DOC or 5 years age of
LA whichever is later. For age entry 10 to 12 years the risk shall commence
from the policy anniversary coinciding with or next following 12 th birthday of
LA. Age 12 years or more risk will commence immediately.
MATCHING INSURANCE:
Parents Insurance will not be insisted

upto Rs.2 Lacs S.A. (If PWB is not opted)
upto Rs.5 Lacs S.A. (If PWB is opted for and allowed)
Guaranteed Surrender Value :
The policy can be surrendered for cash provided at least three full years'
premiums have been paid.The Guaranteed Surrender Value allowed under this
Policy is as under:
1 Before the Date of Commencement of Risk: 90 percent of the total amt.
of the premiums paid excluding the premiums paid for the first year.
1 After the Date of Commencement of Risk: 90 percent of the total amount

of the premiums paid before the Date of Commencement of Risk, together with
30 percent of total amount of premiums as have been paid on and after Date of
Commencement of Risk excluding the premiums for the first year.
The Guaranteed Surrender Value calculated above shall be subject to following
deduction of the total amount of survival benefits that might have become due
on or before the date of surrender. Further all extra premiums and/or any other
premium including premium for Premium Waiver Benefit, if any shall not be
considered in the premiums refunded.
Cash Value of any existing vested bonuses, if any, shall also be allowed if not
paid earlier.
If less than three full years premiums have been paid under the policy, then
nothing shall be payable.
PLAN-186 LICS JEEVAN AMRIT WITH
PROFITS
INSURANCE TYPE
: LIMITED PAYMENT ENDOWMENT
MINIMUM AGE ENTRY
: 12 YEARS LBD
MAXIMUM AGE ENTRY
: 60 YEARS NBD
POLICY TERM
: 10 TO 30 YEARS
PREMIUM PAYING TERM
: 3,4 and 5 years only
Premium payable during the first year is higher than the

Premiums payable in subsequent years.
: 70 YEARS, NBD
MINIMUM SUM ASSURED
: Rs. 1,00,000
MAXIMUM SUM ASSURED
MODE
: YLY, HLY
REBATE FOR MODE
: YLY: 2% ,
NON-MEDICAL
: GENERAL :YES SPECIAL : YES
FEMALE
AGE PROOF
: STANDARD OR NON STANDARD
POLICY LOAN
TERM RIDER
PAID-UP VALUE
GSV
: YES
: NO
: NO
: After 1 year
: 30 % of premiums paid ( excluding
extra premiums paid , if any )
FORM NO.
: 300 OR 340
BENEFITS :
(A)
ON MATURITY
(B)
ON DEATH
HLY: NIL
: Total amount of premiums paid

( excluding Extra Premiums )
alongwith Accrued Bonus + FAB ( If any )
: S.A. + ACCRUED BONUS + FAB ( If any )
Simple Reversionary Bonuses shall be declared at the rate per thousand

total amount of premiums paid ( excluding any extra premium ).
Final ( Additional ) Bonus shall not be payable under partially paid-up
policies.
PLAN -187 LICS FORTUNE PLUS W.E.F. 23-8-2007
INSURANCE TYPE
: Unit Linked Endowment Plan

Premium payment is limited to 5 Yrs and
premium payable during the first year is four times
the premium payable in subsequent years. The level
of cover will depend on policy term chosen and
amount of premium payable during the first year.
MINIMUM AGE ENTRY
MAXIMUM AGE ENTRY
: 60 YEARS NBD
POLICY TERM
: 5 TO 20 YEARS
PREMIUM PAYING TERM
: 5 YEARS (for each subsequent year premium

payable is 25% of first years annualized
premium)
MINIMUM AGE AT MATURITY: 18 YEARS (completed)
MAX. AGE AT MATURITY
: 65 YEARS NBD
DAB
: Yes, Minimum S A Rs. 25000 then in multiples

Of Rs.5000 @ Rs. 0.50 per thousand accident
Benefit sum assured (On monthly basis by
Cancellation of Units)
PWB : NO
AGE PROOF : STANDARD / NON STANDARD
FEMALE
MODE : YLY, HLY, QLY,MLY(ECS)
: NO
MODE REBATE
MINIMUM 1st YR PREMIUM
MAXIMUM PREMIUM
: NO LIMIT
SUM ASSURED
: 5 times the first years annualized premium or

Half of the policy term times the first years
Annualized
premium whichever is higher
(In multiples of Rs. 5000)
PREMIUM ALLOCATION
CHARGE
INVESTMENT FUND
TYPES
: NIL
: Rs. 20,000.
: for first year 13.50% to 15% Depending on per

annum premium and thereafter 2.50%
: Bond fund , Secured fund, Balanced fund and
Growth fund
.continued
PLAN NO.187
MORTILITY CHARGES
POLICY ADMINISTRAION : Rs. 60 per month during the first Policy

CHARGE
: year and Rs. 20 per month thereafter on
monthly basis by Cancellation of Units
TOP-UP(ADDITIONAL PREMIUM )
: NO, NOT ALLOWED
SWITCHING
: Recoverable On monthly basis by Cancellation

of Units till S A > fund value
: Within a given policy year, 4 switches will be

allowed free of charge. Subsequent switches
Shall be subject to a switching charges of Rs.100/(Not allowed under Lapsed Policy)
NAV
: DAILY BASIS
PARTIAL WITHDRAWALS
: Allowed after 3 years
- During minority (age): not allowed

- S.A. shall be reduced to the extent of the
amount of partial withdrawals made during
last 2 years.
- Subject to minimum balance of Rs. 10000
fund value
- Less than 3 years Duration : not allowed
POLICY LOAN
: NO
NRI
REVIVAL
: YES
BACK DATING
: NOT ALLOWED
NOMINATION
: YES
ASSIGNMENT
: YES
UNIT STATEMENT
INCREASE/DECREASE IN BENEFITS : NO, NOT ALLOWED

SURRENDER (EXIT)
: After 3 years, fund value is payable Without
any surrender charge.
SATTLEMENT OPTION : 1 month prior to maturity (notice)
- Extended for 5 years
- Payable by Yly or Hly installments
- Not allowed under lapsed policies
- No life covers during this period
PROPOSAL FORM
: SPECIAL FORM
BENEFITS: (A) BENEFITS PAYABLE ON DEATH: When the cover is in full force,
: YES , ALLOWED
: EVERY YEAR
higher of S.A. or the fund value is payable subject to reduction of partial

withdrawals made during last 2 years.
In case of paid up policy: Fund value of Units is payable
(B) BENEFITS PAYABLE ON MATURITY: Fund value of Units is payable
PLAN -188 LICS PROFIT PLUS W.E.F. 23-8-2007
INSURANCE TYPE
MINIMUM AGE ENTRY
MAXIMUM AGE ENTRY
POLICY TERM
PREMIUM PAYING TERM
:
:
:
:
:
Unit Linked Limited Payment Endowment Plan

00 YEARS
65 YEARS NBD
5 TO 20 YEARS
3 TO 5 YEARS AND SINGLE PREMIUM
MINIMUM AGE AT MATURITY: 18 YEARS (completed)
MAX. AGE AT MATURITY
: For PPT 3 YEARS : 70 YEARS NBD
: For PPT 4, 5 YEARS + S. P. : 75 YEARS NBD
DAB

Of Rs.5000 @ Rs. 0.50 per thousand accident

PWB : NO, NOT ALLOWED
: YES, ALLOWED
AGE PROOF : STANDARD / NON STANDARD
FEMALE
MODE : YLY, HLY, QLY, MLY(ECS) & SINGLE PREMIUM
MODE REBATE
: NIL
MINIMUM PREMIUM
MAXIMUM PREMIUM
: Rs. 10,000 For limited PPT(Annualized).

Rs. 20,000 for Single Premium
: NO LIMIT
MINIMUM SUM ASSURED
: Regular Premium : Higher of 5 times the

annualized premium or Half of the policy
term times the Annualized premium.
: Single Premium : 1.25 times the Single prem.
MAXIMUM SUM ASSURED
: Regular Premium : Higher of 5 times the

annualized premium or Half of the policy
term times the Annualized premium.
For Single Premium :

5 times the Single prem if age at maturity is 65 years or less
3 times the Single prem if age at maturity is 66 to 70 years
2.5 times the Single prem if age at maturity is 71 years and above
COMMENCEMENT OF RISK: 2 years after DOC or 7 years age of LA

Whichever is later.
PREMIUM ALLOCATION
CHARGES
INVESTMENT FUND
TYPES
: for single premium, 5 % (up to Rs. 4 lacs) and

4.50 % thereafter.
: For Regular PPT : As per Plan Circular
: Bond fund , Secured fund, Balanced fund and
Growth fund
.continued
PLAN NO.188
MORTILITY CHARGES

CHARGES
: NO, NOT ALLOWED
SWITCHING

Shall be subject to a switching charges of Rs.100/(Not allowed under Lapsed Policy)
NAV
: DAILY BASIS
PARTIAL WITHDRAWALS
: Allowed after 3 years

- During minority (age): not allowed
- S.A. shall be reduced to the extent of the
amount of partial withdrawals made during
last 2 years.
- Subject to minimum balance of Rs. 10000
fund value
- Less than 3 years Duration : not allowed
: NO
: YES , ALLOWED
POLICY LOAN
NRI
REVIVAL
BACK DATING
NOMINATION
ASSIGNMENT
UNIT STATEMENT
INCREASE/DECREASE
SURRENDER (EXIT)

PROPOSAL FORM
: SPECIAL FORM
BENEFITS: (A) BENEFITS PAYABLE ON DEATH: When the cover is in full force,
:
:
:
:
YES
NOT ALLOWED
YES
YES
: EVERY YEAR
IN BENEFITS : NO, NOT ALLOWED
: After 3 years, fund value is payable Without
any surrender charge.
higher of S.A. or the fund value is payable subject to reduction of partial

PLAN -189 LICS JEEVAN AKSHAY-VI W.E.F. 10-9-2007
INSURANCE TYPE
: IMMEDIATE ANNUITY PLAN
MINIMUM AGE ENTRY
: 40 YEARS LBD
MAXIMUM AGE ENTRY
: 79 YEARS LBD
MIN. PURCHASE PRICE
: Rs. 50,000/- or such amount which may

Secure a minimum annuity as bellow.
MIN. ANNUITY INSTALMENT
: Rs.
500/- per month

7
Rs. 1000/- per quarter
Rs. 2000/- per half year

Rs. 3000/- per year
MODE
REBATE
: SINGLE PREMIUM (purchase price)

: Incentives for high purchase price
CEIS REBATE
: 2% of the purchase price
AGE PROOF
MEDICAL
: STANDARD, except the option Annuity with

return of purchase price
: NO MEDICAL EXAMINATION
LOAN
: NO
SURRENDER VALUE
: NO
NOMINATION
: YES
ASSIGNMENT
: NO
TERM RIDER
: NO
CRITICAL ILLNESS RIDER: NO
PROPOSAL FORM
TYPE OF ANNUITIES AVAILABLE

Options:
1.
2.
: SPECIAL FORM- 440 (J A)
Annuity for life

Annuity guaranteed for 5,10,15 or 20 years and for life
thereafter
Annuity with return of purchase price
Annuity for life increasing at a simple rate of 3% p.a.
Annuity for life with a provision for 50% of the
annuity to the spouse of the annuitant for life on death
of the annuitant
Annuity for life, with a provision for 100% of the
annuity to the spouse of the annuitant for life on
death of the annuitant
3.
4.
5
6.
MODE OF ANNUITY PAYMENTS
BENEFITS: Payment of immediate annuity during the Life time of the
: MLY, QLY, HLY & YLY

annuitant
subject to type of Annuities opted for.
PLAN -190 AMULYA JEEVAN I PLAN

(WITHOUT PROFIT W.E.F. 18-2-2008)
INSURANCE TYPE
: PURE TERM ASSURANCE
MINIMUM AGE ENTRY
MAXIMUM AGE ENTRY
MINIMUM POLICY TERM
MAXIMUM POLICY TERM : 35 YEARS
MINIMUM SUM ASSURED : Rs. 25 LAKH
MAXIMUM SUM ASSURED : NO UPPER LIMIT (IN MULTIPLES OF Rs. 1 lac SA)
MODE
: YLY, HLY AND SINGLE PREMIUM.
REBATE FOR MODE
: NO MODE REBATE
HLY. Additional prem. of 2% of the Tab. Prem.
LARGE SA REBATE : 0.25% SA under Sing.Prem. policies with SA of

Crore and above. No. rebate for large SA in case of Regular Premium
MEDICAL
: Yes, By DMR/addi. DMR or by TPA
Exam. & Sp. Reports will be
Borne by the Corporation.
FEMALE
: CAT I,II
AGE PROOF
: STD
DAB / CIR
: NO
TERM RIDER
: NO
PAID UP VALUE
: NO
SURRENDER VALUE
: NO
REVIVAL
POLICY LOAN
: YES, Cost of medical reports & special reports

shall be borne by the L.A.
: NO
BACK DATING
: YES
ASSIGNMENT/NOMI.
: YES
FORM NO.
: 300 OR 340
BENEFITS
(A) ON MATURITY
: NIL
(B) ON DEATH
: SUM ASSURED
: 60 YEARS NBD
: 5 YEARS
Rs.1
the cost of Medical
PLAN -191 LICS MARKET PLUS - I W.E.F. 17-06-2008
INSURANCE TYPE
: Unit Linked Deferred Pension Plan

With or without risk cover
UNIT IDENTIFICATION NO
: 512L249V01
MINIMUM AGE ENTRY
MAXIMUM AGE ENTRY
: 74 YEARS NBD: 65 YEARS NBD (with life cover)
MIN.DEFEREMENT PERIOD
: 5 YEARS
MIN. AGE AT VESTING : 40 YEARS LBD
MAX. AGE AT VESTING: 79 YEARS NBD(without life cover)
: 75 YEARS NBD (with life cover)
MAX. LIFE COVER CEASING AGE : 75 YEARS NBD
MINIMUM SUM ASSURED : Rs.25000
MAXIMUM SUM ASSURED: Single Premium: Equal to Sing. Prem.
: Regular Premium (If CIR not opted for)
20 times of the annualized premium if age entry up to 40 years
10 times of the annualized premium if age entry 41 years & above
MINIMUM PREMIUM
: Without life cover

Rs. 5,000 p.a.(other than Mly (ECS) mode)
: Rs. 1000/-p.m. for Mly (ECS) mode
thereafter in multiples of Rs. 250.
Rs. 10000 for Single Premium
With life cover
Rs. 5,000 p.a. for Regular premium
Rs.25, 000 for Single Premium
(Annualized premiums in multiples of Rs.1000)
MAXIMUM PREMIUM
: NO LIMIT
DAB
MODE
MODE REBATE
POLICY LOAN
FEMALE
REVIVAL
: YES
BACK DATING
: NO
NOMINATION
: YES
ASSIGNMENT
: NO
: Yes, (if life cover is opted) Minimum S A Rs.

25000 then in multiples of Rs.5000 @ Rs. 0.50 per
thousand accidents Benefit sum assured (On
monthly basis by Cancellation of Units)
: YLY, HLY, QLY,MLY(ECS only) & SING. PREM.
: NIL
: NO
CRITICAL ILLNES RIDER
: YES , ALLOWED
AGE PROOF
: STANDARD / NON STANDARD
.continued
PLAN NO.191
PROPOSAL FORM
INVESTMENT FUND TYPES: BOND FUND, SECURED FUND, BALANCED

FUND AND GROWTH FUND
NAV
: DAILY BASIS
SWITCHING
: SPECIAL FORM

Shall be subject to a switching charges of Rs.100/-
(Not allowed under lapsed policy)
PREMIUM ALLOCATION
CHARGES
MORTILITY CHARGES

CHARGES
: for single premium : 3.30 %

: For Regular PPT : 13.50% to 16.50 % for first
year depending on premium band and
thereafter @ 2.50%.
Allocation Charge for Top Up : 1.25%
: In multiples of Rs. 1000/- without any limit

at
any time during the term of the policy.
INCREASE IN BENEFITS
: NO
DECREASE IN BENEFITS
: (Risk Cover) once in a year during the Policy

term.
PARTIAL WITHDRAWALS
: NOT ALLOWED
REVIVAL
SURRENDER (EXIT)
: After 3 years only, no surrender charge.

Once a policy is surrender it can not be
reinstated.
BENEFITS
: YES
(A)
BENEFITS PAYABLE ON DEATH BEFORE VESTING:
-S.A. + FUND VALUE OF UNITS
Either in a lump sum or in the form of pension.
(If without risk cover, then the Fund value of units)
Partially as a lump sum and the balance as an annuity is also allowed.
(B)
BENEFITS ON VESTING:
Fund Value will compulsorily be utilized to provide an annuity.
(Only one third of the fund value may be commuted)
Policy holder can purchase pension from any Insurance Co.
PLAN -192 LICS JEEVAN BHARATI -I (W.E.F. 30-07-2008)
INSURANCE TYPE
:
MONEY BACK PLAN EXCLUSIVELY FOR FEMALES
UNIQUE IDENTIFICATION NO : 512N247V01
MINIMUM AGE ENTRY
:
18 YEARS COMPLETED
MAXIMUM AGE ENTRY
:
55 YEARS NBD
MINIMUM TERM
:
15 YEARS
MAXIMUM TERM
:
20 YEARS
70 YEARS NBD
Rs. 50000 THEREAFTER IN MULTIPLE OF
Rs. 5000
Rs. 25,00,000
MODE
:
YEARLY ONLY
REBATE FOR MODE
:
NIL
REBATE FOR HIGH SA
:
For SA Rs.1 lakh to Rs. 4,99,999 at @ Rs
2 per 1000 SA of TP, for SA Rs. 5 lakhs
& above Rs. 4 per 1000 SA of TP.
CEIS REBATE
:
10% of TP IF purchased from LIC directly.
NON-MEDICAL
:
GENERAL: NO : SPECIAL: NO
FEMALE
:
CATEGORY I, II, III
AGE PROOF
:
STD
DAB
:
YES
CRITICAL ILLNESS RIDER:
YES
CONGENITAL DISABILITY BENEFIT RIDER : YES
POLICY LOAN
:
YES
REVIVAL
:
YES
BACKDATING
:
YES, ALLOWED
ASSIGNMENT/NOMINATION : YES
PAID UP VALUE
:
AFTER PAYMENT OF 3 FULL YEARS PREM.
GSV & SPECIAL SV
FORM NO.
(1) AUTO COVER
MEDICAL BY A FEMALE MEDICAL EXAMINER
Allowed after payment of 3 full years

premium 30% of total premiums paid
excluding first year and all extra premium
deducting survival Benefits paid earlier (if
any).
300 and an addendum
Provided at least 2 years premiums have
been paid under this policy full death cover will
be admissible for a period of 3 years from the
date of first unpaid premium, deducting
outstanding premiums with interest. Auto
cover
is not applicable for CIR, CDB and DAB.
CONTD
PLAN NO. 192
(2) CONGENITAL DISABILITY BENEFIT : An amount equal to 50% of the rider

S.A. (subject to a maximum of Rs. 5 lakh) will
be payable on the birth of the child with any
one or more of the congenital disabilities
enlisted in original circular of LIC. Available for
two children only and will not be payable if the
birth of the child occurs after the proposer
completes the age of 40 years. This benefit will
be payable only if age at entry is up to age 35
years. No claim is payable on birth of a child
with congenital disabilities during a period of
one year from the DOC of risk or revival.
(3) ENCASHMENT OF
:
SURVIVAL BENEFITS AS
AND WHEN NEEDED
In case of deferment of SB, the rate of

increment will be 4% p.a. compounding
yearly for complete No. of months.
(4) FLEXIBILITY TO PAY :

PREMIUMS IN ADVANCE
To pay the next YLY Premium in advance

(Maximum 3 instalments) Premium rebate
of 5% p.a. for complete No. of months.
(5) OPTION TO RECEIVE:

* Option is to be exercised 6 months prior
MATURITY BENEFITS IN
to maturity
THE FORM OF AN ANNUITY * The immediate annuity rates prevalent
at the time of maturity will be applicable
BENEFITS
(A) DEATH CLAIM
:S.A. + reversionary bonuses declared from time

to time by LIC + FAB (if any)
(B) SURVIVAL BENEFIT
for 15 yr.Plan
AFTER 5 YEARS
AFTER 10 YEARS
AFTER 15 YEARS
(C) MATURITY BENEFIT
for 20 yr. Plan
20% OF S.A.
20% OF S.A.
-
20% OF S.A.
20% OF S.A.
20% OF S.A.
(1) FOR TERM 15 YEARS: 60% OF S.A. +
reversionary bonuses declared from time to

time by LIC+ FAB (if any)
(2) FOR TERM 20 YEARS:
40% S.A. + reversionary bonuses declared from
time to time by LIC+ FAB (if any)
PLAN -193 LICS MONEY PLUS I W.E.F. 22-05-2008
INSURANCE TYPE
UNIT IDENTIFICATION NO : 512L248V01
MINIMUM AGE ENTRY
: 00 YEARS
MAXIMUM AGE ENTRY
: 65 YEARS NBD
: Unit Linked Endowment Plan
MIN. MATURITY AGE
: 18 YEARS LBD
MAX. MATURITY AGE
: 75 YEARS NBD
POLICY TERM
MINIMUM SUM ASSURED : 5 times the annualized premium.
MAXIMUM SUM ASSURED:
: 5 TO 30 YEARS
30 times of the annualized premium if age entry up to 45 years NBD

20 times of the annualized premium if age entry 46 to 60 years NBD
10 times of the annualized premium if age entry 61 yrs NBD & above
MINIMUM PREMIUM
o
o
MAXIMUM PREMIUM : NO LIMIT

DAB
of Rs.5000 @ Rs. 0.50 per thousand accidents
MODE
: YLY, HLY, QLY, MLY (ECS only)
MODE REBATE
: NIL
POLICY LOAN
: NO
FEMALE
PWB
: NO
: YES , ALLOWED
AGE PROOF
REVIVAL
: YES
BACK DATING
: NO
NOMINATION
: YES
ASSIGNMENT
: YES
: Rs. 5,000 p.a.(other than Mly (ECS) mode)

: Rs. 1000/-p.m. for Mly (ECS) mode
thereafter in multiples of Rs. 250.
: STANDARD / NON STANDARD
COMMENCEMENT OF RISK: 2 years after DOC or 7 years age of LA

Whichever is later.
.continued
PLAN NO.193
2
INVESTMENT FUND TYPES: BOND FUND, SECURED FUND, BALANCED
FUND AND GROWTH FUND
NAV
: DAILY BASIS
SWITCHING

Shall be subject to a switching charges of Rs.100/-
(Not allowed under lapsed policy)
UNIT STATEMENT
: EVERY YEAR
PREMIUM ALLOCATION
CHARGES
MORTILITY CHARGES
: for single premium : 3.30 %

: For Regular PPT : 13.50% to 16.50 % for first
year depending on premium band and
thereafter @ 2.50%.
Allocation Charge for Top Up : 1.25%

CHARGES
o TOP-UP(ADDITIONAL PREMIUM )
: NO, NOT ALLOWED
INCREASE IN BENEFITS
: NO
DECREASE IN BENEFITS
: (Risk Cover) once in a year during the Policy

Term.
PARTIAL WITHDRAWALS
: YES, AFTER 3 YEARS.
REVIVAL
: YES
SURRENDER (EXIT)
reinstated.
PROPOSAL FORM
BENEFITS :
: SPECIAL FORM
(A)BENEFITS PAYABLE ON DEATH: When the cover is in full force, higher

of S.A. or the fund value is payable subject to reduction of partial
Before commencement of risk: fund value of Units is payable

PLAN -901 LICS HEALTH PLUS W.E.F. JAN-2008
INSURANCE TYPE
: Unit Linked Health Insurance Plan
Which provides Insurance cover against health risks
1. Hospital Cash Benefit (HCB), per day basis
2. Major Surgical Benefit (MSB), on % of SA basis
3. Domiciliary Treatment Expenses
MINIMUM AGE ENTRY
: 18 years LBD for PI means Principle Insured

and insured spouse
: 3 months completed for dependent children
MAXIMUM AGE ENTRY
: 55 years NBD for PI and insured spouse
: 17 years NBD for dependent children
POLICY TERM
: 65 years NBD of PI less age entry of PI
MINIMUM PREMIUM : For Single life : Higher of Rs.5000 p.a. and 6
Times the HCB of PI
: For 2 lives: Higher of Rs.7500 p.a. and the
arithmetic sum of 6 times the HCB of PI
and 3 times the HCB of other Insured
: For more than 2 lives: Higher of Rs.10000
p.a.
and the arithmetic sum of 6 times the HCB of
PI and 3 times the HCB of each of the other
Insureds.
* Annualized premium in multiples of Rs.500
MAXIMUM PREMIUM : No limit
INVESTMENT FUND TYPES: Health Plus Fund
NAV
: Daily Basis
UNIT STATEMENT
: EVERY YEAR
MODE
: YLY, HLY, MLY (ECS only)
MODE REBATE
: NIL
PREMIUM ALLOCATION CHARGES: 30 % for first year thereafter 6 %.
HEALTH CHARGES
:HCB and MSB charges are recoverable on
monthly basis by Cancellation of Units.
CHARGES
year and Rs. 25 per month thereafter on
SURRENDER (EXIT)
reinstated.
PARTIAL WITHDRAWALS
: No, not allowed.
TOP-UP (ADDITIONAL PREMIUM)
No, not allowed.
SWITCHING
: No, not allowed
INCREASE/ DECREASE IN PREMIUM
: Yes allowed
COVER TO NEW ADDITIONAL MEMBERS: Yes allowed, not after death of PI
DAB
POLICY LOAN
REVIVAL
BACK DATING
: No
:
:
:
:
No, not allowed.

No, not allowed.
No
Yes
.continued
PLAN NO. 901
2
BACK DATING
NOMINATION
ASSIGNMENT
PROPOSAL FORM
BENEFITS :
: No
: Yes
: No
: SPECIAL FORM
For Hospital Cash Benefit: (HCB)

Feature
Principal
Insured (PI)
) Minimum Initial Daily Rs. 250/Benefit (in a ward
other than ICU)
) Maximum
initial Rs. 2,500/daily amount
Insured Spouse (if

any)
Rs. 250/-
Insured Dependent
Children (if any)
Rs. 250/-
) Minimum entry age
[18]years
last
birthday
years
) Maximum entry age [55]
Nearest birthday
) Maximum
cover 65 years nearest
birthday
ceasing age
[18]
years
birthday
[55] years Nearest
birthday
65 years nearest
birthday
) Maximum
annual 18 days in year 1,
60 days per year
benefit period
thereafter,
inclusive of stay
in ICU. Max. no.
of days in ICU is
restricted to 9
days in year 1
and to 30 days
thereafter.
) Maximum Lifetime 365 days
Benefit period
18 days in year 1, 60
days
per
year
thereafter, inclusive
of stay in ICU. Max.
no. of days in ICU is
restricted to 9 days
in year 1 and to
30days thereafter.
18 days in year 1, 60
days per year thereafter,
inclusive of stay in ICU.
Max. no. of days in ICU
is restricted to 9 days in
year 1 and to 30 days
thereafter.
365 days
365 days
Less than or equal to

that of PI subject to a
maximum of Rs.
1,500 per day.
Less than or equal to

that of Insured Spouse
(PI, if there is no Insured
Spouse) subject to a
max. of Rs. 1,500 per
day. Further, included
children shall be covered
for equal benefits.
last 3 months (completed)
[17]
years
birthday
25
years
birthday
Nearest
nearest
(90 days until the child

completes age 5 years)
Initial Hospital Cash Benefit shall be in multiples of Rs. 50/-.
.continued
PLAN NO. 901
3
. For Major Surgical Benefit (MSB)

Feature
)
)
)
)
)
Principal
Insured (PI)
200 times of
Sum Assured
Initial
Daily
benefit of HCB
of PI
Min. age for [18] years last
commencement birthday
of cover
Max.
cover 65 years nearest
birthday
ceasing age
Max. annual 100% of S A
benefit
Maxi. Lifetime 3 times the Sum
Assured
Benefit
Insured Spouse
(if any)
200 times of Initial
Daily benefit of
HCB of Insured
Spouse
[18] years last
birthday
Insured Dependent
Children (if any)
200 times of Initial
Daily benefit of HCB of
each child
[18] years last birthday
65 years nearest 25
years
birthday
birthday
100% of S A
100% of S A
3 times the Sum 3 times
Assured
Assured
nearest
the
Sum
. For Domiciliary Treatment Benefit (DTB)

This benefit shall be available only after at least three years premiums have been paid and subject
to availability of sufficient amount in the Policy Fund.
Feature
a) Minimum
allowed
payment
For each Policy

amount Equal to the actual amount spent subject to a minimum of
for each Rs. 2,500/-
b) Maximum
Equal to actual amount spent subject to a maximum of

50% of Policy Fund provided the fund value after any
such benefit payment does not fall below a minimum
balance of one annualized premium. In the last policy
year, however, the policyholder can claim more than 50%
of Policy Fund as well as without condition of minimum
balance of one annualized premium. If the balance in the
Policy Fund is less than Rs. 2,500/-, then the payment of
entire amount shall be made in one lump sum only.
c) Maximum number of 2 times
payments per policy
allowed during each
policy year
allowed for
payment
amount
each
.continued
PLAN NO. 901
General terms and conditions
Existing Members of the family not covered under the policy at

inception will not be covered under the policy in future.
For an insured child MSB charges shall not be deducted till he/she
completes 18 years of age.
On death of PI before completion of 3 years from inception:
payment of Fund Value to nominee and Termination of policy.
On death of PI after completion of 3 years from inception: cover
shall continue till fund is sufficient to recover the charges.
The amount of Daily Benefit will increase at each policy anniversary
by 5 % till it reaches a maximum of 1.5 times.
For every hospitalization, no benefit would be paid for the first 48
hours.
During Waiting Period of 180 Days no HCB is payable except
Accidental Bodily Injury.
No payment for operations which are not covered under this plan.
For payment of MSB, Surgery performed in India only, is
permissible.
If a person is covered under various policies of the Corporation
under this plan, maximum benefit under all policies shall not
exceed the overall cap on benefits under this plan.
The HCB and MSB should be claimed immediately within 15 days
from the date of discharge from the hospital along with Bills of
Expenses and supporting evidences.
The above plan presentation is introductory in

nature, for further details regarding Eligibility,
Restrictions, Exclusions and other terms and
conditions please refer Central Office Circular
Ref: ACTL/PD/2124/4 Dated 4th January, 2008.
*****

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E x h a u stiv e N ot e s o n

FOR PRIVATE CIRCULATION ONLY

Our Special Thanks to:

Shri M.N. Mir

: Manager (PMR) ,Vadodara Division

CLASSIFICATION OF LIC PLANS

: 14, 48, 88, 90 91, 133

JOINT LIFE PLANS

WHOLE LIFE PLANS

COMBINATION OF ENDOWMENT / WHOLE LIFE PLANS: 149,178

: 41, 50, 102, 159

: 75, 93, 103, 106, 107, 108, 168, 175, 179,192

TERM ASSURANCE PLANS

: 43, 58, 164, 190

LOW COST PLANS

: 41, 90, 164, 165, 179,190

: 147, 148, 169, 189

Special Plans for Special Needs

Mortgage Redemption Plan

Endowment + deferred annuity

MARKET LINKED (ULIP) PLANS :

187- Fortune Plus

WITHDRAWN PLANS OF LIC

92 94 95 96 97 101 104 105 109 111 112 113 115

177 181 183 160

LICS JEEVAN AKSHAY-III

SUBMISSION OF MORAL HAZARD REPORT

MHR Limits for Agents and Development

i) Authorized agents working under

ii) Members of Branch Managers Club

Career agents or direct agents or agents

Branch managers / Senior

MHR LIMITS FOR CHIEF LIFE INSURANCE ADVISORS

Financial Service Executive

CLIA (DM Club Member)

CLIA (ZM Club Member)

CLIA (CM Club Member)

CLIA (Corporate Club Member)

MHR Limits for Officials of the Corporation

ABM(s), Branch Manager(s), Assistant Rs. 2 Crore

Branch Managers / Sr. Branch Managers Rs. 5 Crore

Marketing Manager / Chief Manager

Rs.10 Crores &

INTRODUCTION OF LIFE ASSURED TO THE MEDICAL EXAMINER

Life proposed should be introduced by

Less than Rs. 20

ZMs Club Member / Dev.Officer

CMs Club member MDRT agent ( On the basis of

Dev.Officer / Corporate Club member agents

Above Rs. 1 Crore

Rs. 10 Crore &

The introducer will put his/her signature on each of medical/special

(For Chief Life Insurance Advisors)

Limit of Sum proposed

Financial Service Executive

CENTRAL OFFICE CIRCULAR REF : ACTURIAL/CUS DATED: 15-01-2000

MAXIMUM COVER ALLOWABLE AS

Insurance under Employer-Employee Scheme

Ref: U&R /2/2007

24th October 2007

employee, his/her spouse, children, sons-in-law, daughters-in-law, parents,

*Resident Proof: (any one of the following is necessary)

NON MEDICAL GENERAL & NON MEDICAL SPECIAL