Visual Magic Pro - Release Notes

Bonus2011:

Version No. 5.3.2 Dated 07-Sep-2011

New Bonus rates, Final Addition Bonus and Loyalty Addition rates are implemented in this version.

Version No. 5.3.1 Dated 03-Aug-2011

1) Implementation of Jeevan Arogya (Plan N0.903) in Servicing Module. 2) Magic Plan - Arogya Dhan: - Implementation of New Magic Plan Arogya Dhan. Arogya Dhan is a versatile insurance cum savings solution which has been designed to meet todays practical needs of your family. Here are some of the highlights of this Magic Plan especially tailor-made for you: Limited premium paying term for much longer period of benefits. A unique All-in-one solution offering Health insurance, Life insurance and Wealth creation. Choice of 3 premium paying terms - 10, 15 and 20 years. Lifelong riskcover for yourself. Option to cover life of your spouse till age 60. Health cover available for entire family including parents and parent-in-laws too. Tax benefits under Sec.80 CCE and 80D. Tax benefits under Sec.80 D available even after premium payment stops. Regular income flow till age 100 after premium payment stops. 3) Saral Bachat: - Implementation of New Plan Combination Saral Bachat. Saral Bachat is a combination of Jeevan Saral (Plan No. 165) & Bima Bachat (Plan No. 175). Jeevan Saral is a widely sold insurance plan of L.I.C. which offers many exceptional benefits to the policy holders. Unfortunately this plan is not available for Single Premium payment. The objective of Saral Bachat plan combination is to provide a Single Premium payment solution while keeping the attractive benefits of Jeevan Saral intact. The basis of the solution is to fund the premium liability of Jeevan Saral with periodical returns received through Bima Bachat plan. The returns are channelized to Jeevan Saral policy using the Advance Premium facility offered by L.I.C. of India to its policy holders. 4) Club Membership Eligibility: - New rules of Club Membership Eligibility are implemented. 5) Class Extra Premium Rates: - Class Extra rate has been implemented in Magic Mix.

Version No. 5.2.0 Dated 06-Jun-2011

New Plan Implementation of New Plan Jeevan Arogya (Plan No. 903). INTRODUCTION: It has been decided to introduce LICs JEEVAN AROGYA (Plan No. 903) with effect from 1st June, 2011.The Unique Identification Number (UIN) for LICs Jeevan Arogya plan is 512N266V01.An individual can take the health cover under this plan for himself / herself. This individual will be addressed as Principal Insured (PI) for the purpose of insurance under this plan. The Spouse, Children, Parents and Parents-in-law can also be covered under the same policy. This is non-linked health plan which provides fixed benefits for hospitalization and almost all types of surgical procedures irrespective of actual cost incurred and the benefit is in addition to any other health insurance cover that insured lives may have, subject to certain terms and Conditions. The benefits offered under the plan are: i) Hospital Cash Benefit (HCB) ii) Major Surgical Benefit (MSB) iii) Day Care Procedure Benefit (DCPB) Page 1 of 3

Visual Magic Pro - Release Notes

iv) Other Surgical Benefit (OSB) Features at a glance: Provides insurance cover for Hospital Charges, Major Surgical Charges, Day Care Procedure Benefit Charges and Other Surgical Charges in India. Entire family including spouse and dependent children, Dependent Parents of Husband and/or Wife can be covered in a single policy. Hospital Cash Benefit (HCB)

Feature Min. Initial Daily Benefit Max. Initial Daily Benefit Max. Age for Cover

Principal Insured (PI) Rs.1000/Rs. 4000/80 Years

Insured Spouse, Parents/InLaws Rs. 1000/Equal to or less than PI 80 Years

Insured Dependent Children Rs. 1000/Equal to or less than PI 25 Years

1)HCB (With in India only) is payable on per day basis. 2)1st policy year: Maximum 30 days hospitalization & including 15 days in ICU (2 times of ADB) for each one. 3)2nd year onwards: Maximum 90 days and including 45 days in I.C.U. for each insured. 4)Maximum of 720 days including 360 days for ICU during entire policy term for each insured. 5)This Benefit increase @ 5% each year till it reaches a maximum of 1.5 times the original HCB and arithmetic addition of an amount equal to No Claim Benefit at every auto renewal stage. 6)Stay in hospital exceeds a continuous period of 24 hours or part thereof thereafter. Stay more than 7 days, even for 1st 24 hours also payable. 7)Benefit payout is fixed irrespective of actual expenses incurred. Major Surgical Benefit (MSB)

Feature S.A. (MSB S.A.) Max. annual benefit Max. Life Time

Principal Insured (PI) 100 times of HCB 100% of MSB SA 800% times MSB SA

Insured Spouse, Parents/In-Laws

100 times of HCB of Spouse/each parent

Insured Dependent Children 100 times of HCB of each child 100% of MSB SA 800% times MSB SA

100% of MSB SA 800% times MSB SA

1. Quick Cash facility: 50% of eligible MSB amount payable subject to approval from the TPA 2. MSB shall be a percentage of sum assured. 3. Major Surgical Benefit Amount, as calculated as % of Sum Assured, payable regardless of actual costs incurred. 4. Premium waiver benefit: When any insured undergo major surgery under category 1 or 2, premium payable for one year from the next 5. Premium due date coinciding or following the date of surgery is waived. 6. Rs.1000/- payable in lump sum towards Ambulance expenses. 7. Applicable for surgery conducted only within India. Day Care Procedure Benefit (DCPB) (under Basic Plan) An Insured under this Plan undergoing any specified Day Care Procedure mentioned in the Day Care Procedure Benefit Annexure. Page 2 of 3

Visual Magic Pro - Release Notes

Feature Lump sum benefit payable

Principal Insured (PI) 5 times of Applicable Daily Benefit (ADB)

Insured Spouse, Parents/In-Laws 5 times of Applicable Daily Benefit (ADB)

Insured Dependent Children 5 times of Applicable Daily Benefit (ADB)

Maximum annual benefit, each insured Maximum Life Time

3 Surgical Procedures 24 Surgical Procedures

If a Day Care Procedure Benefit is performed no Hospital Cash Benefit shall be paid. Other Surgical Benefit (OSB) (under Basic Plan) An Insured under the Plan, due to medical necessity, undergoing any Surgery not listed under Major Surgical Benefit or Day Care Procedure Benefit and the stay in hospital exceeds a continuous period of 24 hours. Insured Spouse, Parents/In-Laws 2 times of appli.HCB Insured Dependent Children 2 times of appli.HCB

Feature Daily benefit amount

Principal Insured (PI) 2 times of appli.HCB

Maximum annual benefit, each insured Maximum Life Time, each insured

15 days in year 1 and 45 days per year thereafter 360 days

Version No. 5.1.2 Dated 17-Mar-2011

New Features: - Implementation of Samridhi Plus Bilk Campaign. Samridhi Plus Bulk Campaign - A unique one-page presentation personalized for the Group and its members. Specially designed format to give a quick glance at the prospects of Samridhi Plus as an exciting investment.

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