Saju Kumar R Insurance Consultant

• Jeevan Pragati is a regular premium payment Endowment Insurance Non Linked With Profit Plan. • This plan is available with an optional rider to provide better protection to policyholder • Best suited for the person aged between 12 years to 45 years. • Maturity Benefit - At the end of policy term policyholder will get Basic Sum Assured with Total vested reversionary bonus and Final Additional Bonus (as applicable) • Its biggest advantage over and above the all other available life insurance products in market is INCREASING DEATH SUM ASSURED. Up to 15 year term natural death sum assured will be increased by 25% to 50% In interval of every 5 years. • Loan Facility- Allowed (After 3 Full years premium payment) will be 90% of Surrender value for inforce policies and 80% for paid-up policies. • Tax Benefits- Policy holder can avail income tax benefit u/s 80C of I.T. Act for the premiums paid and all maturity proceeds will be Tax free uls 10(10D) of I.T. Act. 

• LIC's Jeevan Labh is a Limited Premium Payment Endowment Insurance Plan. • The Main Feature of this plan is, the payment of premiums is limited to a term shorter than the policy (Limited Premium Payment -LPP). The maturity amount is payable at the end of the policy term, or on the death of the policy holder whichever is earlier. • Maturity Benefit underJeevan Labh : Sum Assured + Bonus + Final Additional Bonus (As applicable). • Death Benefit underJeevan Labh : The policyholders nominee will receive, Sum Assured + Bonus + Final Additional Bonus (As applicable). • Optional riders like Term insurance rider (TR) &ADADB (Accidental Death And Disability Benefit) are available. • Loan facility is available under this plan, after payment of premiums for at least 3 full years subject to conditions: Maximum loan for inforce policy-90% of surrender value and for paid up policies 80% of surrender value. 

• It's a regular premium paying Non-linked with profits, Endowment Assurance Plan • This plan shall be available to standard lives only under non-medical limit and the total sum assured under all the policies issued to an individual under this plan shall not exceed Rs. 2 lacs. • Benefits : * Benefits payable on death: On death of the Life Assured during the policy term" Sum Assured on death" shall be payable, which is the highest of o Basic Sum Assured or o 10 times of annualized premium; or o 105 % of all the premiums paid as on date of death o Benefits payable on Maturity: On Survival to the end of the policy term Basic Sum Assured along with Loyalty Addition, if any, shall be payable. o Participation in profits : Provided the policy is in full force, then depending upon the corporation's experience the policies under this plan will be eligible for Loyalty Addition. The Loyalty Addition if any, is payable at such rate and on such terms as may be declared by the corporation on death after completion of 5th policy year or on policyholder surviving to the maturity. 

• Single Premium with Profit Endowment Plan. • Benefits Payable on death: o On death of the Life Assured on or after the Commencement of Risk: Sum Assured along with vested Simple reversionary bonuses and final additional bonus, if any, shall be payable. o On death of the Life Assured before the Commencement of Risk: Return of single premium excluding taxes and extra premium, if any, without interest • Maturity Benefits: Sum Assured + Simple Reversionary Bonus + Final Additional Bonus. • Guaranteed Surrender Value: o 1st Year: 70% of Single Premium excluding taxes and extra premium. o Thereafter: 90% of Single Premium excluding taxes and extra premium. • Special Surrender Value: Discounted Value of sum assured and vested Simple Reversionary bonuses. • Loan available after completion of one year. 

• NewJeevan Anand is a lAinh Profits Assurance Plan. • It's a non linked plan which an attractive combination of Protection + Savings. • Maturity Benefit: o Basic sum assured + Vested Simple Reversionary Bonuses + Final Additional Bonuses. • Death Benefit: o During the policy term : "Sum Assured on Death" + Vested Simple Reversionary Bonuses + Final Additional Bonuses, if any, Shall be payable, where "Sum Assured On Death" is higher of 125% of Basic Sum Assured or 10 times of annualized premium. "Death benefit shall not be less than 105% of total premiums paid as on date of death". o After the policyterm: Basic Sum Assured. • Optional Rider: o Accidental Death & Disability Rider by payment of additional premium. • Loan: Available after payment of 3 full years premiums.