BIMA ACCOUNT PLANS LICs Bima Account I As the name explains LICs Bima Account I is a simple non-linked plan

lan under which you can be covered without undergoing any medical examination subject to certain conditions. This plan offers you everything you think of an insurance plan should provide: 1. Simplicity 2. Liquidity 3. Guaranteed minimum return 4. No medical examination 5. Transparent charges 6. Risk cover Under this plan, the premiums paid by you, after deduction of charges, will be credited to the Policyholders Account maintained separately for each policyholder. The risk cover will be provided by deduction of mortality charges from the Policyholders Account. If all due premiums are paid, the amount held in your Policyholders Account will earn an annual interest rate of 6% p.a. which will be guaranteed for whole of the policy term. In addition to this guaranteed return, if all due premiums are paid, your account may earn an additional return depending upon the experience under this plan. You will also have an option to pay additional (Top-up) premiums without any increase in risk cover. Loan facility will also be available immediately after first policy anniversary. PAYMENT OF PREMIUMS: You may pay premiums regularly at yearly, half-yearly, quarterly or monthly (through ECS mode only) intervals over the term of the policy. Policyholders Account shall consist of 2 parts: 1. Policyholders Regular Premium Account - to which regular premiums, net of charges, shall be credited. 2. Policyholders Top-up Premium Account - to which Top-up premiums, net of charges, shall be credited. ELIGIBILITY CONDITIONS AND OTHER RESTRICTIONS: (in years) 1. Minimum Entry Age : 11 (completed) 2. Maximum Entry Age : 50 (nearest birthday) 3. Policy Term : 5 to 7 4. Minimum Maturity Age : 18 (completed) 5. Maximum Maturity Age : 57 (nearest birthday) 6. Minimum Premium: Regular premium: Instalment premium Mode Yearly ` 7,000 Half-yearly ` 4,000 Quarterly ` 2,000 Monthly (ECS) ` 600 Top-up premium: ` 1000 1. Maximum Premium: Regular premium: Mode Instalment premium Yearly ` 14,000 Half-yearly ` 7,000 Quarterly ` 3,500 Monthly (ECS) ` 1100 Top-up premium: Sum total of Regular Premiums paid upto the date of payment of top-up. Annualized Premiums shall be payable in multiple of `1000 for all modes other than ECS monthly. For monthly (ECS), the premium shall be in multiples of `100/-. 1. Minimum Sum Assured: 10 times the annualized premium. 1. Maximum Sum Assured: 20 times of the annualized premium up to age 35 years 14 times of the annualized premium for age between 36 to 45years 10 times of the annualized premium for age between 46 to 50 years The maximum Sum Assured shall be subject to maximum non-medical limit applicable for the life to be assured. CHARGES UNDER THE PLAN: A) Expense Charge: This is the percentage of the premium appropriated towards charges from the premium received. The balance part of the premium will be credited to the Policyholders Regular Premium Account or Policyholders Top-up Premium Account, as the case may be. The expenses charges are as below: Regular premium: Expenses charge (including commission) First Year 27.5% 2nd & 3rd Years 7.5% Thereafter 5%

Expense charge for top-up Premium: 2.5% B) Other Charges: 1. Mortality Charge This is the cost of life insurance cover which is age specific and will be taken every month from the Policyholders Regular Premium Account appropriately. This charge shall depend upon the Sum Assured. The charges per `1000/- life insurance cover for some of the ages in respect of a healthy life are as under: Age Rs. 1. 20 1.25 30 1.46 40 2.57 50 6.56

Service Tax Charge - A service tax charge, if any, shall be levied on Mortality charge deducted from the Policyholders Regular Premium Account on a monthly basis as and when the corresponding Mortality charges are deducted. The level of this charge will be as per the rate of service tax as applicable from time to time. Currently, the rate of Service Tax is 10% with an educational cess at the rate of 3% thereon and hence effective rate is 10.30%.

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Alteration Charge This is a charge levied for an alteration within the contract, such as change in mode of payment to higher frequency and decrease in sum assured and shall be a flat amount of `50/- which will be deducted from the Policyholders Account and the deduction shall be made on the date of alteration in the policy. OTHER FEATURES: Top-up Premium: You can pay top-up premiums in multiple of `1000/-. The additional premiums paid shall be credited into the Policyholders Top-up Premium Account after deducting the expense charge. However, there would not be any increase in the sum assured under the policy. The total of top-up premium at any point of time shall not exceed the sum total of regular premiums paid upto that point of time. Such additional premiums can be paid only if all due premiums have been paid under the policy.

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Decrease in benefits: This plan offers you the flexibility of reducing the sum assured during the term of the contract subject to the minimum limit. When the sum assured is reduced, such change will be effective from the policy anniversary coinciding with or next following the date of request. 1. GRACE PERIOD: A grace period of one-month but not less than 30 days will be allowed for payment of premiums under all modes of premium payment. 1. REVIVAL: If due premium is not paid within the days of grace, the policy becomes paid-up. A paid-up policy can be revived within 12 months period from the due date of first unpaid premium or before maturity, whichever is earlier. During this revival period, the life cover will cease and no mortality charge shall be deducted. The revival shall be made on submission of proof of continued insurability to the satisfaction of the Corporation and the payment of all the arrears of premium without interest. The Corporation reserves the right to accept the revival at its own terms or decline the revival of a paid-up policy. The revival of a paid-up policy shall take effect only after the same is approved by the Corporation and is specifically communicated in writing to the Policyholder. In case the policy becomes paid-up without payment of at least 2 years premium and is not revived during the period of revival, the policy shall compulsorily be terminated on expiry of revival period. No charges shall be deducted and no interest will be credited from the date of compulsory termination. The balance in the Policyholders Account shall be refunded on completion third policy anniversary. In case the policy become paid-up after payment of 2 full years premium and is not revived during the period of revival, the policy shall continue. A policy once surrendered cannot be reinstated. 1. COOLING OFF PERIOD: If you are not satisfied with the Terms and Conditions of the policy, you may return the policy to us within 15 days.

LICs Bima Account - II LICs Bima Account - II is a simple non-linked plan which offers you everything you think of an insurance plan should provide: Simplicity Liquidity Guaranteed minimum return Transparent charges Risk cover Under this plan, the premiums paid by you, after deduction of charges, will be credited to the Policyholders Account maintained separately for each policyholder. The risk cover will be provided by deduction of mortality charges from the Policyholders Account. If all due premiums are paid, the amount held in your Policyholders Account will earn an annual interest rate of 6% p.a. which will be guaranteed for whole of the policy term. In addition to this guaranteed return, if all due premiums are paid, your account may earn an additional return depending upon the experience under this plan. You will also have an option to pay additional (Top-up) premiums without any increase in risk cover. Loan facility will also be available immediately after first policy anniversary. 1. PAYMENT OF PREMIUMS: You may pay premiums regularly at yearly, half-yearly, quarterly or monthly (through ECS mode only) intervals over the term of the policy. Policyholders Account shall consist of 2 parts: Policyholders Regular Premium Account - to which regular premiums, net of charges, shall be credited. Policyholders Top-up Premium Account - to which Top-up premiums, net of charges, shall be credited. 2. ELIGIBILITY CONDITIONS AND OTHER RESTRICTIONS: (in years) Minimum Entry Age : 8 (completed) Maximum Entry Age : 60 (nearest birthday) Policy Term : 10 to 15 Minimum Maturity Age : 18 (completed) Maximum Maturity Age : 70 (nearest birthday) Minimum Premium: Regular premium: Mode Instalment premium Yearly ` 15,000 Half-yearly ` 8,000 Quarterly ` 4,000 Monthly (ECS) ` 1250 Top-up premium: ` 1000 Maximum Premium: Regular premium: No Limit Top-up premium: Sum total of Regular Premiums paid upto the date of payment of top-up. Annualized Premiums shall be payable in multiple of `1000 for all modes other than ECS monthly. For monthly (ECS), the premium shall be in multiples of `250/-. Minimum Sum Assured: 10 times the annualized premium. Maximum Sum Assured: 30 times of the annualized premium up to age 35 years 20 times of the annualized premium for age between 36 to 45years 10 times of the annualized premium for age between 46 to 60 years 3. CHARGES UNDER THE PLAN: A) Expense Charge: This is the percentage of the premium appropriated towards charges from the premium received. The balance part of the premium will be credited to the Policyholders Regular Premium Account or Policyholders Top-up Premium Account, as the case may be. The expenses charges are as below: Regular premium:

Expenses charge (including commission) First Year 27.5% 2nd & 3rd Years 7.5% Thereafter 5%

Top-up Premium: 2.5% B) Other Charges: Mortality Charge This is the cost of life insurance cover which is age specific and will be taken every month from the Policyholders Regular Premium Account appropriately. This charge shall depend upon the Sum Assured. The charges per `1000/- life insurance cover for some of the ages in respect of a healthy life are as under: Age Rs. 20 1.25 30 1.46 40 2.57 50 6.56

Service Tax Charge - A service tax charge, if any, shall be levied on Mortality charge deducted from the Policyholders Regular Premium Account on a monthly basis as and when the corresponding Mortality charges are deducted. The level of this charge will be as per the rate of service tax as applicable from time to time. Currently, the rate of Service Tax is 10% with an educational cess at the rate of 3% thereon and hence effective rate is 10.30%. Alteration Charge This is a charge levied for an alteration within the contract, such as change in mode of payment to higher frequency and decrease in sum assured and shall be a flat amount of `50/- which will be deducted from the Policyholders Account and the deduction shall be made on the date of alteration in the policy. 4. OTHER FEATURES: Top-up Premium: You can pay top-up premiums in multiple of `1000/-. The additional premiums paid shall be credited into the Policyholders Top-up Premium Account after deducting the expense charge. However, there would not be any increase in the sum assured under the policy. The total of top-up premium at any point of time shall not exceed the sum total of regular premiums paid upto that point of time. Such additional premiums can be paid only if all due premiums have been paid under the policy. Decrease in benefits: This plan offers you the flexibility of reducing the sum assured during the term of the contract subject to the minimum limit. When the sum assured is reduced, such change will be effective from the policy anniversary coinciding with or next following the date of request. 5. GRACE PERIOD: A grace period of one-month but not less than 30 days will be allowed for payment of premiums under all modes of premium payment. 6. REVIVAL: If due premium is not paid within the days of grace, the policy becomes paid-up. A paid-up policy can be revived within 12 months period from the due date of first unpaid premium or before maturity, whichever is earlier. During this revival period, the life cover will cease and no mortality charge shall be deducted. The revival shall be made on submission of proof of continued insurability to the satisfaction of the Corporation and the payment of all the arrears of premium without interest. The Corporation reserves the right to accept the revival at its own terms or decline the revival of a paid-up policy. The revival of a paid-up policy shall take effect only after the same is approved by the Corporation and is specifically communicated in writing to the Policyholder. In case the policy becomes paid-up without payment of at least 2 years premium and is not revived during the period of revival, the policy shall compulsorily be terminated on expiry of revival period. No charges shall be deducted and no interest will be credited from the date of compulsory termination. The balance in the Policyholders Account shall be refunded on completion third policy anniversary. In case the policy become paid-up after payment of 2 full years premium and is not revived during the period of revival, the policy shall continue. A policy once surrendered cannot be reinstated. 7. COOLING OFF PERIOD: If you are not satisfied with the Terms and Conditions of the policy, you may return the policy to us within 15 days ENDOWMENT PLUS Endowment plan IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER This is a unit linked Endowment plan which offers investment cum insurance cover during the term of the policy. You can choose the level of insurance cover within the limits, which will depend on the mode and level of premium you agree to pay. You have a choice of investing your premiums in one of the four types of investment funds available. Premiums paid after deduction of allocation charge will purchase units of the Fund type chosen. The Unit Fund is subject to various charges and value of units may increase or decrease, depending on the Net Asset Value (NAV). 1. Payment of Premiums: You may pay premiums regularly at yearly, half-yearly, quarterly or monthly (through ECS mode only) intervals over the term of the policy. Alternatively, a Single premium can be paid. A grace period of 30 days will be allowed for payment of yearly or half-yearly or quarterly premiums and 15 days for monthly (through ECS) premiums. Eligibility Conditions And Other Restrictions: (a) Minimum Age at entry 7 (age last birthday) (b) Maximum Age at entry 60 years (age nearer birthday) (c) Minimum Maturity Age 18 years (completed) (d) Maximum Maturity Age 70 years (age nearer birthday) (e) Policy Term 10 to 20 years (f) Minimum Premium Regular premium (other than monthly (ECS) mode): Rs. [20,000] p.a. Regular premium (for monthly (ECS) mode): Rs. [1,750] p.m. Single premium: Rs. [30,000] (g) Maximum Premium Regular premium: Rs. [1,00,000] p.a. Single premium: No Limit (h) Sum Assured under the Basic Plan Minimum Sum Assured: Regular Premium policies: (Policy Term +1) times the annualized premium Single Premium: For age at entry of below 45 years: 1.25 times of the single premium For age at entry of 45 years and above: 1.10 times of the single premium Maximum Sum Assured: Regular Premium policies: 30 times of the annualized premium if age at entry is upto 45 years 25 times of the annualized premium if age at entry is 46 to 60 years

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Single Premium Policies: If Critical Illness Benefit Rider is opted for: 5 times the Single premium if age at maturity is upto 55 years. 3 times the Single premium if age at maturity is 56 to 60 years. If Critical Illness Benefit Rider is not opted for: 5 times the Single premium if age at maturity is upto 65 years. 3 times the Single premium if age at maturity is 66 to 70 years. Where the minimum Sum Assured is not in the multiples of Rs. 5,000, it will be rounded off to the next multiple of Rs. 5,000. Annualized Premiums shall be payable in multiple of Rs. 1,000 for other than ECS monthly. For monthly (ECS), the premium shall in multiples of Rs. 250/-. Investment of Funds: The premiums allocated to purchase units will be strictly invested according to the investment pattern committed in various fund types. Various types of fund and their investment pattern will be as under: Investment in Government / Government Guaranteed Securities / Corporate Debt Not less than 60% Not less than 45% Not less than 30% Not less than 20% Short-term investments such as money market instruments Not more 40% Not more 40% Not more 40% Not more 40% than than than than Investment in Listed Equity Shares Details and objective of the fund for risk /return Details and objective of the fund for risk /return

Fund Type

Bond Fund Secured Fund Balanced Fund Growth Fund

Nil Not less than 15% & Not more than 55% Not less than 30% & Not more than 70% Not less than 40% & Not more than 80%

Low risk Steady Income Lower to Medium risk Balanced Income and growth Medium risk Long term Capital growth High risk

ULIF001200910LICEND+BND5 12 ULIF002200910LICEND+SEC5 12 ULIF003200910LICEND+BAL51 2 ULIF004200910LICEND+GRW5 12

The Policyholder has the option to choose any ONE of the above 4 funds. 1. Method of Calculation of Unit price: Units will be allotted based on the Net Asset Value (NAV) of the respective fund as on the date of allotment. There is no Bid-Offer spread (the Bid price and Offer price of units will both be equal to the NAV). The NAV will be computed on a day-to-day basis and will be based on investment performance, Fund Management Charge of each fund type and shall be computed as:

Market value of investment held by the fund + Value of Current Assets Value of Current Liabilities & Provisions, if any ______________________________________________________________________________ Number of Units existing on Valuation Date (before creation / redemption of Units) 2. Charges under the Plan: A) Premium Allocation Charge: This is the percentage of the premium deducted towards charges from the premium received. The balance constitutes that part of the premium which is utilized to purchase (Investment) units for the policy. The allocation charges are as below: For Single premium policies: 3.3% For Regular premium policies: Premium First Year 2nd to 5th Year thereafter Allocation Charge 7.50% 5.00% 3.00%

B) Charges for Risk Covers: i) Mortality Charge This is the cost of life insurance cover which is age specific and will be taken every month. The life insurance cover is the difference between Sum Assured under Basic plan and the Fund Value after deduction of all other charges. The charges per Rs. 1000/- life insurance cover for some of the ages in respect of a healthy life are as under: Age Rs. 25 1.42 1. 35 1.73 45 3.89 55 10.76

Critical Illness Benefit rider Charge This is the cost of Critical Illness Benefit rider (if opted for). These are age specific and will be taken every month.

The charges per Rs. 1000/- Critical Illness Rider Sum Assured per annum for some of the ages in respect of a healthy life are as under: Age Rs. 25 0.91 2. 35 1.80 45 5.31 55 14.44

Accident Benefit charge - It is the cost of Accident Benefit rider (if opted for) and will be levied every month at the rate of Rs. 0.50 per thousand Accident Benefit Sum Assured per policy year.

C) Other Charges: The following charges shall be deducted during the term of the policy: 2. Policy Administration charge - Rs. 30/- per month during the first policy year and Rs 30/- per month escalating at 3% p.a. thereafter, throughout the term of the policy shall be levied. 3. Fund Management Charge It is a charge levied as a percentage of the value of units at following rates: 0.50% p.a. of Unit Fund for Bond Fund 0.60% p.a. of Unit Fund for Secured Fund 0.70% p.a. of Unit Fund for Balanced Fund 0.80% p.a. of Unit Fund for Growth Fund Fund Management Charge shall be appropriated while computing NAV. 4. Switching Charge This is a charge levied on switching of monies from one fund to another. Within a given policy year 4 switches will be allowed free of charge. Subsequent switches in that year shall be subject to a switching charge of Rs. 100 per switch. 5. 6. Bid/Offer Spread Nil. Discontinuance Charge The discontinuance charge for regular premium policies is as under:

Where the policy is discontinued during the policy year 1 2 3 4

Discontinuance charges for the policies having annualized premium up to Rs. 25,000/Lower of 2500/Lower of 1750/Lower of 1250/Lower of 750/NIL 10% * (AP or FV) subject to a maximum of Rs. 7% * (AP or FV) subject to a maximum of Rs. 5% * (AP or FV) subject to a maximum of Rs. 3% * (AP or FV) subject to a maximum of Rs.

Discontinuance charges for the policies having annualized premium above Rs. 25,000/Lower of 6% * (AP or FV) subject to maximum of Rs. 6000/Lower of 4% * (AP or FV) subject to maximum of Rs. 5000/Lower of 3% * (AP or FV) subject to maximum of Rs. 4000/Lower of 2% * (AP or FV) subject to maximum of Rs. 2000/-

5 and onwards NIL AP Annualized Premium FV Policyholders Fund Value on the date of discontinuance There shall not be any discontinuance charge under Single Premium. 7. Service Tax Charge A service tax charge, if any, will be as per the service tax laws and rate of service tax as applicable from time to time. 8. Miscellaneous Charge This is a charge levied for an alteration within the contract, such as reduction in sum assured, change in premium mode and grant of Accident Benefit after the issue of the policy. An alteration may be allowed subject to a charge of Rs. 50/-. D) Right to revise charges: The Corporation reserves the right to revise all or any of the above charges except the Premium Allocation charge and Mortality charge. The modification in charges will be done with prospective effect with the prior approval of IRDA. Although the charges are reviewable, they will be subject to the following maximum limit: 1. Policy Administration Charge Rs. 60/- per month during the first policy year and Rs. 60/- per month escalating at 3% p.a. thereafter, throughout the term of the policy 2. Fund Management Charge: The Maximum for each Fund will be as follows: 1. Bond Fund: 1.00% p.a. of Unit Fund 2. Secured Fund: 1.10% p.a. of Unit Fund 3. Balanced Fund: 1.20% p.a. of Unit Fund 4. Growth Fund: 1.30% p.a. of Unit Fund - Critical Illness Benefit charges shall not exceed by more than 200% of the current rate. - Switching Charge shall not exceed Rs. 200/- per switch. - Miscellaneous Charge shall not exceed Rs. 100/- each time when an alteration is requested. In case the policyholder does not agree with the revision of charges the policyholder shall have the option to withdraw the Policyholders Fund Value. 3. Discontinuance of Premiums: If you fail to pay premiums under the policy within the days of grace, a notice shall be sent to you within a period of fifteen days from the date of expiry of grace period to exercise one of the following options within a period of thirty days of receipt of such notice: 1. Revival of the policy, or 1. Complete withdrawal from the policy During the notice period of 30 days, the policy shall be treated as in force and the charges for Mortality, Accident Benefit and / or Critical Illness Benefit cover, if any, shall be taken in addition to other charges, by cancelling an appropriate number of units out of the Policyholders Fund Value. The cover shall continue till the date of discontinuance of the policy (i.e. till the date on which the intimation is received from the policyholder for complete withdrawal of the policy or till the expiry of the notice period). If you do not exercise any option within the stipulated period of 30 days, you shall be deemed to have exercised the option of complete withdrawal from the policy. The benefits payable under the policy during the notice period shall be same as that under an inforce policy, except Partial Withdrawal, which shall not be allowed if all due premiums have not been paid. The benefits payable when you exercise the option for complete withdrawal or you do not exercise any option during the notice period shall be as under: If the policy is discontinued within 5 years from the date of commencement of the policy: If you exercise the option for complete withdrawal from the policy, or you do not exercise the option within the period of 30 days of receipt of notice, then the policy shall be compulsorily terminated. The Policyholders Fund Value as on the date of discontinuance of policy after deducting the Discontinuance Charge shall be converted into monetary terms as specified below and Proceeds of the discontinued policy as specified below shall be payable after completion of 5 years from the date of commencement of the policy. If the policy is discontinued after 5 years from the date of commencement of the policy: If you exercise the option for complete withdrawal from the policy, or you do not exercise the option within the period of 30 days of receipt of notice, then the policy shall be compulsorily terminated and Policyholders Fund value shall be payable. 4. Method of calculation of Monetary amount and Proceeds of the Discontinued Policy: The conversion to monetary amount shall be as under: The NAV on the date of application for surrender or as on the date of discontinuance of the policy (in case of complete withdrawal of the policy), as the case may be, multiplied by the number of units in the Policyholders Fund Value as on that date will be the monetary amount. The Proceeds of the Discontinued Policy shall be calculated as under: The monetary amount calculated as above shall be transferred to the Discontinued Policy Fund. This Fund will earn a minimum interest rate of 3.5% p.a. from the date of discontinuance of the policy to the date of completion of 5 years from the commencement of the policy. In case of death of the life assured, the interest shall accrue from the date of discontinuance of the policy to the date of booking of liability. The Proceeds of the discontinued policy shall be the monetary amount plus the interest accrued on the Discontinued Policy Fund. 5. Compulsory termination: If the balance in the Policyholders Fund Value, at any time is 1. not sufficient to recover the relevant charges, in case of partial withdrawal of units after the fifth policy anniversary, or 2. less than or equal to the loan outstanding along with interest thereon, if any loan has been taken under the policy, the policy shall compulsorily be terminated and the balance amount in the Policyholders Fund Value, if any, shall be refunded to the policyholder 6. Other Features: 7. Guarantee of interest rate on Discontinued Policy Fund: A guaranteed minimum interest rate of 3.5% p.a. shall be credited to the Discontinued Policy Fund constituted by the fund value of all discontinued policies. 1. Partial Withdrawals: Youmay encash the units partially after the fifth policy anniversary and provided all due premiums have been paid subject to the following: 2. In case of minors, partial withdrawals shall be allowed from the policy anniversary coinciding with or next following the date on which the life assured attains majority (i.e. on or after 18th birthday). 3. Partial withdrawals may be in the form of fixed amount or in the form of fixed number of units. 4. For 2 years period from the date of withdrawal, the Sum Assured under the Basic plan shall be reduced to the extent of the amount of partial withdrawals made. 5. Partial withdrawal will be allowed subject to a minimum balance of two annualized premiums in the Policyholders Fund Value in case of regular premium policies and 25% of the single premium paid in case of single premium policies.

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Partial Withdrawal shall not be allowed if loan is availed under the policy.

7. Switching: You can switch between the four fund types for the entire Fund Value during the policy term subject to switching charges, if any. 8. Increase / Decrease of risk covers: No increase of covers will be allowed under the plan. You can, however, decrease the risk covers, without reducing the level of premium, once in a year during the Policy term, provided all due premiums under the Policy have been paid. 9. Revival: If due premium is not paid within the days of grace, a notice shall be sent to you within a period of fifteen days from the date of expiry of grace period to exercise the option for revival within a period of thirty days of receipt of such notice. If you exercise the option to revive the policy, then the arrears of premium without interest shall be required to be paid. The Corporation reserves the right to accept the revival at its own terms or decline the revival of a policy. Irrespective of what is stated above, if the Policyholders Fund Value is not sufficient to recover the charges during the notice period, the policy shall terminate and thereafter revival will not be allowed. 10. Settlement Option: When the policy comes for maturity, you may exercise Settlement Option one month prior to the date of maturity and receive the policy money in instalments spread over a period of not more than five years from the date of maturity. There shall not be any life cover during this period and no charges other than Fund Management Charge shall be deducted. The value of instalment payable on the date specified shall be subject to investment risk i.e. the NAV may go up or down depending upon the performance of the fund. 8. Reinstatement: A policy once surrendered cannot be reinstated. 9. Risks borne by the Policyholder: 10. LICs Endowment Plus is a Unit Linked Life Insurance products which is different from the traditional insurance products and are subject to the risk factors. 11. The premium paid in Unit Linked Life Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. 12. Life Insurance Corporation of India is only the name of the Insurance Company and LICs Endowment Plus is only the name of the unit linked life insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns. 13. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document of the insurer. 14. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns. 15. All benefits under the policy are also subject to the Tax Laws and other financial enactments as they exist from time to time. 4. Cooling off period: If you are not satisfied with the Terms and Conditions of the policy, you may return the policy to us within 15 days. The amount to be refunded in case the policy is returned within the cooling-off period shall be determined as under: Value of units in the Policyholders Fund Plus unallocated premium Plus PolicyAdministration charge deducted Less charges @ Rs.0.20per thousand Sum Assured under Basic plan Less Actual cost of medical examination and special reports, if any. 5. Loan: Loan will be available under this plan subject to certain terms and conditions. 6. Assignment: Assignment will be allowed under this plan.

CHILDREN PLANS Jeevan ANURAG LICs Jeevan ANURAG is a with profits plan specifically designed to take care of the educational needs of children. The plan can be taken by a parent on his or her own life. Benefits under the plan are payable at prespecified durations irrespective of whether the Life Assured survives to the end of the policy term or dies during the term of the policy. In addition, this plan also provides for an immediate payment of Basic Sum Assured amount on death of the Life Assured during the term of the policy. Assured Benefit Payment of 20% of the Basic Sum Assured at the start of every year during last 3 policy years before maturity. At maturity, 40% of the Basic Sum Assured along with reversionary bonuses declared from time to time on full Sum Assured for the full term and the Terminal bonus, if any shall be payable. For example, if term of the policy is 20 years, 20% of the Sum assured will be payable at the end of the 17th,18th, 19th year and 40% of the Sum Assured along with the reversionary bonuses and the terminal bonus, if any, at the end of the 20th year. Death Benefit Payment of an amount equal to Sum Assured under the basic plan immediately on the death of the life assured.

CDA ENDOWMENT VESTING AT 21 This is an Endowment Assurance plan designed to enable a parent or a legal guardian or any near relative of the child (called proposer) to provide insurance cover on the life of the child (called life assured). The plan has two stages, one covering the period from the date of commencement of policy to the Deferred Date (called deferment period) and the other covering the period from the Deferred Date to the date of maturity. The insurance cover on the childs life starts from the Deferred Date and is available during the latter period. The Deferred Date in case of Plan No 41 is the policy anniversary date coinciding with or next following the date on which the child completes 21 years of age. In case of Plan No 50 it is the policy anniversary date coinciding with or next following the 18th birthday of the child. Premiums: Premiums are payable yearly, half-yearly, quarterly or monthly and this shall cease on the death of the life assured . Premiums are waived on death of Proposer provided this benefit is availed. Bonuses: This is a with-profits plan and participates in the profits of the Corporations life insurance business after the deferred date. It gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan.

CDA ENDOWMENT VESTING AT 18 This is an Endowment Assurance plan designed to enable a parent or a legal guardian or any near relative of the child (called proposer) to provide insurance cover on the life of the child (called life assured). The plan has two stages, one covering the period from the date of commencement of policy to the Deferred Date (called deferment period) and the other covering the period from the Deferred Date to the date of maturity. The insurance cover on the childs life starts from the Deferred Date and is available during the latter period. The Deferred Date in case of Plan No 41 is the policy anniversary date coinciding with or next following the date on which the child completes 21 years of age. In case of Plan No 50 it is the policy anniversary date coinciding with or next following the 18th birthday of the child. Premiums: Premiums are payable yearly, half-yearly, quarterly or monthly and this shall cease on the death of the life assured . Premiums are waived on death of Proposer provided this benefit is availed. Bonuses: This is a with-profits plan and participates in the profits of the Corporations life insurance business after the deferred date. It gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan. JEEVAN KISHORE This is an Endowment Assurance Plan available for children of less than 12 years of age. The policy may be purchased by any of the parent/grand parent. Commencement of risk cover: The risk commences either after 2 years from the date of commencement of policy or from the policy anniversary immediately following the completion of 7 years of age of child, whichever is later. Premiums: Premiums are payable yearly, half-yearly, quarterly or monthly throughout the term of the policy or till earlier death of child, or single premium. Bonuses: This is a with-profits plan and participates in the profits of the Corporations life insurance business. It gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan. A Final (Additional) Bonus may also be payable provided policy has run for certain minimum period. CHILD CAREER PLAN This plan is specially designed to meet the increasing educational and other needs of growing children. It provides the risk cover on the life of child not only during the policy term but also during the extended term (i.e. 7 years after the expiry of policy term). A number of Survival benefits are payable on surviving by the life assured to the end of the specified durations. Options: You may choose Sum Assured (S.A.), Maturity Age, Policy Term, Mode of Premium payment and Premium Waiver Benefit. Payment of Premiums: You may pay the premiums regularly at yearly, half-yearly, quarterly or through Salary deductions over the term of policy. Premiums may be paid either for 6 years or upto 5 years before the policy term. Sample Premium Rates: Following are some of the sample premium rates per Rs. 1000/- S.A.: For 6 years Premium paying term Age Maturity Age 23 24 25 0 111.25 107.25 103.35 4 128.35 123.80 119.35 8 148.15 143.05 138.05 12 Age 0 4 8 12 170.20 Maturity Age 23 111.25 128.35 148.15 170.20 24 107.25 123.80 143.05 164.55 25 103.35 119.35 138.05 159.05 26 99.60 115.05 133.20 153.65 27 95.95 110.90 128.50 148.40 Mode and High S.A. Rebates: Mode Rebate: 164.55 159.05 For 6 years Premium paying term

26 99.60 115.05 133.20 153.65

27 95.95 110.90 128.50 148.40

Yearly mode Half-yearly mode Quarterly & Salary deduction Sum Assured 1,00,000 to 2,99,999 3,00,000 to 4,99,999 5,00,000 and above

- 2% of Tabular Premium - 1% of the tabular premium - NIL Rebate (Rs.) Nil 1.5 %o S.A. 2 %o S.A.

Sum Assured Rebate:

JEEVAN ANKUR LICs Jeevan Ankur is a conventional with profits plan, specially designed to meet the educational and other needs of your child. If you are the parent of a child aged upto 17 years, LICs Jeevan Ankur is the most suitable insurance plan for you which ensures that your responsibilities are met whether you survive or not and without depending on anyone else. The risk cover under this plan will be on your life as a parent and the named child shall be the nominee under the plan. The policy term shall be based on the age at maturity of the child. 1. Benefits i) Death benefit: On death of the Life Assured during the policy term: Basic Sum Assured shall be payable to the nominee and an income benefit equal to 10% of Basic Sum Assured shall be payable on each policy anniversary, from the policy anniversary coinciding with or next following the date of death, till the end of the policy term. On death of child, when Life Assured is alive: On death of the child, the Life Assured will have an option to nominate another child/person and the policy will continue with the same benefit payable to new nominee/legal heirs after the death of the Life Assured during the term of the policy.

On death of child/nominee after Life Assureds death: The policy shall continue and the benefits shall be payable to the legal heir(s). ii) Maturity Benefit: At the end of the policy term an assured maturity benefit equal to Basic Sum assured along with Loyalty Addition, if any, shall be payable irrespective of survival of the Life Assured. iii) Loyalty Addition: Depending upon the Corporations experience the policy will be eligible for Loyalty addition on the stipulated date of maturity irrespective of survival of Life Assured. 2. Optional Benefits: You may choose the following optional riders by payment of additional premiumi) Accident Benefit Rider: This benefit is available under regular premium policies only. An additional sum equal to Accident Benefit Rider Sum Assured is payable upon death due to accident. The Accident Benefit Rider Sum Assured may be opted for an amount upto the Basic Sum Assured subject to minimum of Rs. 25,000 and maximum of Rs. 50 lakh (including all policies with LIC of India and other insurers). This benefit will be available only till the age nearer birthday of the Life assured is 70 yrs. ii) Critical Illness Rider: An amount equal to Critical Illness Rider Sum Assured will be payable in case of diagnosis of defined categories of Critical Illnesses. The Critical Illness Rider Sum Assured may be opted for an amount upto the Basic Sum Assured subject to a minimum of Rs. 50,000 and a maximum of Rs. 5 lakh (including all policies with LIC of India). This benefit will be available provided the policy matures on or before the Life Assured attains 60years of age. Critical Illness Rider can be availed with or without Premium Waiver Benefit. If Critical Illness Rider is opted with Premium Waiver Benefit, then in the event of Life Assured diagnosed with any of the Critical Illnesses covered under the policy, the total future premium in respect of the policy will be waived. The Basic Sum Assured under such policies should be equal to the Critical Illness Rider Sum Assured. 3. Eligibility Conditions and Other Restrictions (For Basic Plan): a) Minimum Sum Assured : Rs. 100,000 b) Maximum Sum Assured : No Limit (The Sum Assured shall be in multiples of Rs. 5000/-) c) Minimum Age at entry for Life Assured : 18 years (completed) d) Maximum Age at entry for Life Assured : 50 years (nearest birthday) e) Maximum Maturity Age for Life Assured : 75 years (nearest birthday) f) Minimum Age at entry for child : 0 years (last birthday) g) Maximum Age at entry for child : 17 years ( last birthday) h) Minimum Term : Higher of (18 age of child, 8) years i) Maximum Term : (25 age of child) years 4. Sample premium Rates: Premiums can be paid regularly at yearly, half-yearly, quarterly or monthly mode (through ECS only) or through SSS mode over the term of policy. Alternatively, a single premium can be paid. A grace period of one calendar month but not less than 30 days will be allowed for payment of yearly or half-yearly or quarterly premiums and 15 days for monthly premiums. 5. Sample premium Rates: Following are some of the sample premium rates (exclusive of service tax) per Rs. 1000/- S.A.:

Single Premium Age Policy term 10 20 30 40 615.45 618.80 638.75 15 494.95 503.35 541.60 20 405.95 422.10 483.60 25 348.00 375.30 463.60

Annual Regular Premium Age Policy term 10 20 30 40 90.65 91.20 94.70 15 56.45 57.50 62.35 20 39.70 41.35 47.80 25 31.10 33.50 41.75

6. Mode and High S.A. Rebates: Mode Rebate: Yearly mode - 2% of Tabular Premium Half-yearly mode - 1% of the Tabular premium Quarterly & Salary deduction NIL Sum Assured Rebate: Single Premium: Sum Assured Rebate (Rs.)

1,00,000 to 1,95,000 2,00,000 to 4,95,000 5,00,000 and above Regular Premium: Sum Assured 1,00,000 to 1,95,000 2,00,000 to 4,95,000 5,00,000 and above

Nil 4.00 %o S.A. 6.00 %o S.A.

Rebate (Rs.) Nil 2.00 %o S.A. 3.00 %o S.A.

7. Revival: If premiums are not paid within the grace period then the policy will lapse. A lapsed policy can be revived from the date of first unpaid premium and before the date of maturity by paying all the arrears of premium together with interest within a period of five years, subject to submission of satisfactory evidence of continued insurability. The Corporation reserves the right to accept at original terms, accept at revised terms or decline the revival of a discontinued policy. The revival of discontinued policy shall take effect only after the same is approved by the Corporation and is specifically communicated to the life assured. Riders shall be revived along with the basic plan and not in isolation. 8. Paid-up Value: Under regular premium policies, if after atleast three full years premium have been paid and any subsequent premiums be not duly paid, this policy shall not be wholly void, but shall continue as a paid-up policy for a reduced paid-up sum assured. This Paid-Up Sum Assured shall be payable on the date of maturity or on Life Assureds prior death. Further, in case of death during the term of the policy, the paid up value shall be paid immediately on death. But, neither income benefit nor paid up value on maturity shall be payable. Accident Benefit and Critical Illness riders do not acquire any paid-up value. 9. Surrender Value: The Guaranteed Surrender Value will be as under: 1. Single Premium Policies: The Guaranteed Surrender value will be available after completion of atleast one policy year and is equal to 90% of the premium paid excluding premium for optional rider and extras, if any. 1. Regular Premium Policies: The Guaranteed surrender value will be available after completion of three policy years and atleast three full years premiums have been paid and is equal to 30% of the premiums paid excluding the premium paid for the first year and all premiums in respect of optional rider and extras, if any. Corporation may, however, pay Special Surrender value, as the discounted value of the Paid-up Sum Assured as applicable on date of surrender, provided the same is higher than Guaranteed Surrender value. 10. Policy Loan: No loan facility will be available under this plan. 11. Service Tax: Service tax, if any, shall be as per the Service Tax laws and the rate of service tax as applicable from time to time. The amount of service tax as per the prevailing rates shall be payable by the policyholder on premium(s) as and when the premiums are paid. 12. Cooling-off period: If you are not satisfied with the Terms and Conditions of the policy you may return the policy to us within 15 days from the date of receipt of the policy bond. 13. Exclusion: Suicide:- This policy shall be void if the Life Assured commits suicide (whether sane or insane at that time) at any time within one year from the date of commencement of risk and the Corporation will not entertain any other claim by virtue of this policy except to the extent of a maximum of 90% of single premium paid excluding any extra premium (in case of single premium policies).

KOMAL JEEVAN This is a Children's Money Back Plan that provides financial protection against death during the term of plan with periodic payments on survival at specified durations. This plan can be purchased by any of the parent or grand parent for a child aged 0 to 10 years. Commencement of risk cover: The risk commences either after 2 years from the date of commencement of policy or from the policy anniversary immediately following the completion of 7 years of age of child, whichever is later. Premiums: Premiums are payable yearly, half-yearly, quarterly, monthly or through Salary deductions, as opted by you, up to the policy anniversary immediately after the life assured (child) attains 18 years of age or till the earlier death of the life assured. Alternatively, the premium may be paid in one lump sum (Single premium). Guaranteed Additions: The policy provides for theGuaranteed Additions at the rate of Rs.75 per thousand Sum Assured for each completed year. The Guaranteed Additions are payable at the end of the term of the policy or earlier death of the Life Assured. Loyalty Additions: This is a with-profit plan and participates in the profits of the Corporations life insurance business. It gets a share of the profits in the form of loyalty additions which are terminal bonuses payable along with death or maturity benefit. Loyalty addition may be payable depending on the experience of the Corporation. MARRIAGE ENDOWMENT OR EDUCATIONAL ANNUITY PLAN This is an Endowment Assurance plan that provides for benefits on or from the selected maturity date to meet the Marriage/Educational expenses of the named child. Premiums:

Premiums are payable yearly, half-yearly, quarterly, monthly or through Salary deductions, as opted by you, throughout the term of the policy or earlier death. Bonuses: This is a with-profit plan and participates in the profits of the Corporations life insurance business. It gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan. Such bonuses are to be added till maturity even if the life assured dies before the maturity date. Final (Additional) Bonus may also be payable provided a policy is of a certain minimum term. JEEVAN CHAYA This is an Endowment Assurance plan that provides financial protection against death throughout the term of the plan. Besides payment of Sum Assured immediately on death, one-fourth of Sum Assured is payable at the end of each of last four years of policy term whether the life assured dies or survives the term of the policy. Premiums: Premiums are payable yearly, half-yearly, quarterly, monthly or through salary deductions as opted by you throughout the term of the policy or till the earlier death. Bonuses: This is a with-profits plan and participates in the profits of the Corporations life insurance business. It gets a share of profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan. Bonuses for full term on the full Sum assured are paid at the end of the term even if death occurs during policy term. Final (Additional) Bonus may also be payable provided policy has run for certain minimum period. CHILD FUTURE PLAN This plan is specially designed to meet the increasing educational, marriage and other needs of growing children. It provides the risk cover on the life of child not only during the policy term but also during the extended term (i.e. 7 years after the expiry of policy term). A number of Survival benefits are payable on surviving by the life assured to the end of the specified durations. Options: You may choose Sum Assured (S.A.), Maturity Age, Policy Term, Mode of Premium payment and Premium Waiver Benefit. Payment of Premiums: You may pay the premiums regularly at yearly, half-yearly, quarterly or through Salary deductions over the term of policy. Premiums may be paid either for 6 years or upto 5 years before the policy term. Sample Premium Rates: Following are some of the sample premium rates per Rs. 1000/- S.A.: For 6 years Premium paying term Age 0 4 8 12 Maturity Age 23 112.55 132.35 156.20 184.20 24 108.00 127.00 149.90 176.85 25 103.65 121.85 143.85 169.75 26 99.45 116.90 138.05 162.95 27 95.45 112.15 132.45 156.40

For Premium paying term = Policy Term less 5 years Age Maturity Age 0 4 8 12 23 53.10 71.80 107.80 184.20 24 49.45 66.90 96.30 155.40 25 46.20 61.65 86.75 133.90 26 43.25 57.00 78.75 117.25 27 40.60 52.95 71.90 108.05

Mode and High S.A. Rebates: Mode Rebate: Yearly mode Half-yearly mode Quarterly & Salary deduction Sum Assured Rebate: Sum Assured 1,00,000 to 2,99,999 3,00,000 to 4,99,999 5,00,000 and above

- 2% of Tabular Premium - 1% of the tabular premium - NIL Rebate (Rs.) Nil 1.5 %o S.A. 2 %o S.A.

PLANS FOR HANDICAPPED

JEEVAN ADHAR This plan may be offered to a person who has a handicapped dependant satisfying conditions as specified in Section 80DDA of Income Tax Act, 1961. The plan provides life insurance cover throughout the lifetime of the purchaser. The benefits under the plan are for the handicapped dependant which are partly in lump sum and partly in the form of an annuity. The premiums paid under this plan are eligible for Income Tax relief under Section 80DDA of Income Tax Act. Premiums:

Premiums are payable yearly, half-yearly, quarterly, monthly or through Salary deductions, as opted by you, within the selected premium paying terms of 10, 15, 20, 25, 30 or 35 years or till the earlier death. Alternatively, the premiums may be paid in one lump sum (Single Premium). Guaranteed Additions: The policy provides for the Guaranteed Additions at the rate of Rs.100 per thousand Sum Assured for each completed policy year. The Guaranteed Additions will accrue up to age 65 of the life assured or till his/her death, if earlier. Terminal Additions: This is a with-profits plan and participates in the profits of the Corporations life insurance business. It gets a share of the profits in the form of Terminal Additions. The policy will be entitled for Terminal Additions if at least 10 years premiums have been paid. The Terminal additions would depend on the future experience of the Corporation.

JEEVAN VISHVAS This is an Endowment Assurance plan designed for the benefit of handicapped dependants. Premiums: Premiums are payable quarterly, half-yearly or yearly throughout the term of the policy or till the earlier death. Alternatively, the premium may be paid in one lump sum (single premium). Guaranteed Additions: The policy provides for the Guaranteed additions at the rate of Rs.60 per thousand Sum Assured for each completed policy year while the policy is in full force. The Guaranteed Additions are payable at the end of the policy term or on earlier death. Loyalty Additions: This is a with-profit plan and participates in the profits of the Corporations life insurance business. It gets a share of the profits in the form of loyalty additions which are terminal bonuses payable along with death or maturity benefit. Loyalty addition may be payable from fifth year onwards depending on the experience of the Corporation. ENDOWMENT ASSURANCE PLAN THE ENDOWMENT ASSURANCE POLICY

Savings oriented. This policy not only makes provisions for the family of the Life Assured in event of his early death but also assures a lump sum at a desired age. The lump sum can be reinvested to provide an annuity during the remainder of his life or in any other way considered suitable at that time. Premiums are usually payable for the selected term of years or until death if it occurs during the term period. Suitable For: Being an endowment assurance policy, this plan is apt for people of of all ages and social groups who wish to protect their families from a financial setback that may occur owing to their demise. The amount assured if not paid by reason of his death earlier will payable at the end of the endowment term where it can be invested in an annuity provision for the rest of the policyholder's life or in any other way he may think most suitable at that time. Disability Benefit: In case policy holder becomes totally and permanently disabled due to an accident before reaching the age of 70 and the policy is in full force, he will not be required to pay further premiums, (the Disability Benefit is available in respect of the first Rs.20,000 sum assured on any one life) and the policy will continue to be in force. Accident Benefit: By paying a small extra premium of Rs.1 per Rs.1000/- sum assured per year he or his family are entitled to the following benefits on death or permanent disability caused by accident. Even students above the age of 18 years can avail of this benefit. Premium Stoppage: If payment of premiums ceases after at least THREE years' premiums have been paid , a free paid-up policy for a reduced sum assured will be automatically secured provided the reduced sum assured, exclusive of any attached bonus, is not less than Rs. 250/-. The reduced sum assured will become payable on the event as stipulated in the policy. Bonus: Is there anything extra payable besides the sum assured at the time of claim settlement? Yes, but only if it is a with profits policy. Every year the Life Insurance Corporation distributes its surplus among policyholder to with profits polices in the form of bonuses. Substantial bonuses have been declared in the past after each valuation of policy liabilities. THE ENDOWMENT ASSURANCE POLICY-LIMITED PAYMENT Just as in the case of limited payment whole life polices, here, too, the payment of premium can be limited either to a single payment or to a term shorter than the policy. The endowment is, however, payable only at the end of the policy term, or on death of the policy holder if it takes place earlier. If payment of the premiums ceases after at least three years' premiums have been paid, a free paid-up Policy for an amount bearing the same proportion to the sum assured as the number of premiums actually paid bears to the number stipulated for in the policy, will be automatically secured provided the reduced sum assured, exclusive of any attached bonus, is not less than Rs.250. Such reduced paid-up Policy will not be entitled to participate in the profits declared thereafter, but such Bonus as has already been declared on the Policy will remain attached hereto. JEEVAN MITRA(TRIPLE COVER ENDOWMENT PLAN) This is an Endowment Assurance plan that provides greater financial protection against death throughout the term of plan. It pays the maturity amount on survival to the end of the policy term.

Moderate Premiums High bonus High liquidity

Premiums : Premiums are payable yearly, half-yearly, quarterly, monthly or through Salary deductions, as opted by you, throughout the term of the policy or earlier death. Bonuses : This is a with-profit plan and participates in the profits of the Corporations life insurance business. It gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan. A Final (Additional) Bonus may also be payable provided a policy has run for certain minimum period. JEEVAN ANAND This plan is a combination of Endowment Assurance and Whole Life plans. It provides financial protection against death throughout the lifetime of the life assured with the provision of payment of a lump sum at the end of the selected term in case of his survival. Premium: Premiums are payable yearly, half-yearly, quarterly, monthly or through salary deductions as opted by you throughout the selected term of the policy or till earlier death. Bonuses: This is a with-profit plan and participates in the profits of the Corporations life insurance business. It gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan. Bonuses will be added during the selected term or till death, if it occurs earlier. Final (Additional) Bonus may also be payable provided the policy has run for certain minimum period. NEW JANARAKSHA PLAN This is an Endowment Assurance plan that provides financial protection against death throughout the term of plan. It pays the maturity amount on survival to the end of the term. Premiums: Premiums are payable yearly, half-yearly, quarterly, monthly or through Salary deductions, as opted by you, throughout the term of the policy or earlier death. After at least two full years premiums have been paid, full insurance cover is available even when premiums are not paid for up to three years. Bonuses: This is a with-profit plan and participates in the profits of the Corporations life insurance business. It gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan. Final (Additional) Bonus may also be payable provided a policy has run for certain minimum period. JEEVAN AMRIT Product summary: Some people, particularly the younger ones, want to have high cover at a low cost. Further, many of them do not want commitment to pay premiums for a longer duration. LIC's Jeevan Amrit is most suitable for such persons. Under this plan premium payment is limited to 3 or 4 or 5 years and the premium payable during the first year is higher than the premiums payable in subsequent years. Options: You may choose Sum Assured (S.A.), Premium Paying Term, Policy Term and Mode of premium payment. Payment of Premiums : You may pay premiums yearly or half-yearly during the premium paying term of 3 or 4 or 5 years. JEEVAN SUGAM LICs Jeevan Sugam is a non-linked single premium plan wherein the risk cover is a multiple of premium paid by you. On maturity this plan offers a Maturity Sum Assured chosen by you. The plan will be open for sale for a maximum period of 45 days from the date of launch. 1. BENEFITS 1. Death Benefit: On death during first five policy years: Basic Sum assured i.e. 10 times the single premium (net of service tax) excluding any extra premium charged shall be payable. On death after completion of five policy years: Basic Sum assured i.e. 10 times the single premium (net of service tax) excluding any extra premium charged along with loyalty addition, if any, shall be payable. 1. Maturity Benefit: On maturity, the Maturity Sum Assured along with Loyalty Addition, if any, shall be payable. 1. Loyalty Addition: Depending upon the Corporations experience with regard to policies issued under this plan, this policy will be eligible for Loyalty Addition. The Loyalty Addition, if any, is payable on death after completion of five policy years, on surrender during the last policy year and on maturity, at such rate and on such terms as may be declared by the Corporation. 1. ELIGIBILITY CONDITIONS AND OTHER RESTRICTIONS : 8 years (completed) : 45 years (nearest birthday) : 10 times of single premium paid (excluding extra premium, if any) 1. Minimum Maturity Sum Assured : Rs. 60,000/2. Maximum Maturity Sum Assured : No Limit Maturity Sum Assured shall be available in multiples of Rs. 5,000/-. 1. Policy Term : 10 years 2. Premium payment mode : Single premium only 1. Sample Premium Rates: Specimen Single Premium rates (exclusive of Service Tax) for some of the ages per Rs.1000/- Maturity Sum Assured are as under: Age at entry Single Premium Rates (Rs.) (Nearest Birthday) 10 537.75 20 552.90 30 562.65 40 629.35 1. INCENTIVE FOR HIGH MATURITY SUM ASSURED: Incentive for higher Maturity Sum Assured by way of increase in the Maturity Sum Assured is as under: Maturity Sum Assured Increase in Maturity Sum Assured Below Rs.150,000 Nil Rs.150,000 to Rs. 399,999 3.50% Rs.400,000 and above 4.50% 1. 2. 3. Minimum Entry Age Maximum Entry Age Minimum/Maximum Basic Sum Assured

If the policy holder opts for Maturity Sum Assured Rs. 150000/- or above, the Maturity Sum Assured shall be automatically increased by the percentage corresponding to opted Maturity Sum Assured as shown above. This Increased Maturity Sum Assured shall be the Maturity Sum Assured payable at the time of maturity along with Loyalty Addition, if any. For e.g. if opted Maturity Sum Assured by the Proposer is Rs. 150,000/-. Maturity Sum Assured payable at Maturity is Rs. 150,000 * (1+3.5%) i.e. Rs. 155,250/1. LOAN Loan can be availed under this plan any time during the policy term. Loan shall be equal to 60% of the surrender value as on the date of sanction of loan. 1. SURRENDER VALUE The policy can be surrendered for cash at any time during the policy term. The minimum Guaranteed Surrender Value allowable shall be as under: 1. First year: 70% of the Single premium (net of service tax) excluding all extra premiums, if any. 2. Thereafter: 90% of the Single premium (net of service tax) excluding all extra premiums, if any. Corporation may however pay Special Surrender value as applicable on the date of surrender provided the same is higher than the Guaranteed Surrender Value. The Special Surrender Value will be the discounted value of the Maturity Sum Assured as on date of surrender. If the policy is surrendered during the last policy year it shall be eligible for loyalty addition, if any. 1. SERVICE TAX: Service tax, if any, shall be as per the Service Tax laws and the rate of service tax as applicable from time to time. The amount of service tax as per the prevailing rates shall be payable by the policyholder on the premium. 1. COOLING-OFF PERIOD If you are not satisfied with the Terms and Conditions of the policy, you may return the policy to the Corporation within 15 days from the date of receipt of the policy stating the reason of objections. On receipt of the same the Corporation shall cancel the policy and return the amount of single premium deposited after deducting the risk premium, expenses incurred on medical examination, if any, and stamp duty. 1. EXCLUSIONS The policy shall be void if the Life Assured (whether sane or insane at the time) commits suicide at any time within one year from the date of commencement of risk and the Corporation will not entertain any claim under this policy except to the extent of a maximum of (i) 90% of the single premium paid excluding any extra premium paid or (ii) third partys bonafide beneficial interest acquired in the policy for valuable consideration (but limited to applicable death benefit of this policy) of which notice has been given in writing to the branch where the policy is being presently serviced (where the policy records are kept) at least one calendar month prior to death.

PLANS FOR HIGH WORTH INDIVIDUAL JEEVAN SHREE- I Product summary: This is an Endowment Assurance plan offering the choice of many convenient premium paying terms. It provides financial protection against death throughout the term of plan with the payment of maturity amount on survival to the end of the policy term. Premiums: Premiums are payable yearly, half-yearly, quarterly or through Salary deductions, as opted by you, throughout the premium paying term or till earlier death. Alternatively premium may be paid in one lump sum (Single premium). Guaranteed Additions: The policy provides for the Guaranteed Additions at the rate of Rs. 50/- per thousand Sum Assured for each completed year for first five years of the policy. The Guaranteed Additions are payable along with the Basic Sum Assured at the time of claim. Bonuses: The policy participates in the profits of the Corporations life insurance business from the 6th year onwards. It will get a share of the profits in the form of bonuses. Simple Reversionary Bonuses will be declared per thousand Basic Sum Assured annually at the end of each financial year. Once declared, they will form part of the guaranteed benefits of the plan JEEVAN PRAMUKH Introduction Insurance Regulatory & Development Authority (IRDA) requires all life insurance companies operating in India to provide official illustrations to their customers. The illustrations are based on the investment rates of return set by the Life Insurance Council (constituted under Section 64C(a) of the Insurance Act 1938) and is not intended to reflect the actual investment returns achieved or may be achieved in future by Life Insurance Corporation of India (LICI). For the year 2004-05 the two rates of investment return declared by the Life Insurance Council are 6% and 10% per annum. Product summary This is an Endowment Assurance plan offering the choice of three premium paying terms. It provides financial protection against death throughout the term of the plan with the payment of maturity amount on survival to the end of the policy term. Premiums : Premiums are payable yearly, half-yearly, quarterly or monthly, as opted by you, throughout the premium paying term or till earlier death. Guaranteed Additions: The policy provides for the Guaranteed Additions at the rate of Rs. 50/- per thousand Sum Assured for each completed year for first five years of the policy. The Guaranteed Additions are payable along with the Sum Assured at the time of claim. Bonuses : The policy participates in the profits of the Corporations life insurance business from the 6th year onwards. It will get a share of the profits in the form of bonuses. Simple Reversionary Bonuses will be declared per thousand Sum Assured annually at the end of each financial year. Once declared, they will form part of the guaranteed benefits of the policy. Death Benefit : The Sum Assured along with accrued guaranteed additions and vested simple reversionary bonuses and Terminal Bonus, if any, is payable in a lump sum on death of the life assured during the policy term. Maturity Benefit: The Sum Assured along with accrued guaranteed additions and vested simple reversionary bonuses and Terminal Bonus, if any, is payable in a lump sum on survival to the end of the policy term. Surrender Value : Buying a life insurance contract is a long-term commitment. However, surrender value is available on the plan on earlier termination of the contract. Guaranteed Surrender Value : The policy may be surrendered for cash after more than one years premium have been paid. The guaranteed surrender value will be 30% of the total amount of premiums paid excluding the first years premium and the extra premiums, if any.

Corporations policy on surrenders : In practice, the Corporation will pay a Special Surrender Value which is available after completion of at least 3 years from the date of commencement of your policy. The benefit payable on surrender reflects the discounted value of the reduced claim amount that would be payable on death or at maturity. This value will depend on the duration for which premiums have been paid and the policy duration at the date of surrender. In some circumstances especially in case of early termination of the policy, the surrender value payable may be less than the total premium paid. The Corporation reviews the surrender value payable under its plans from time to time depending on the economic environment, experience and other factors. Note : The above is the product summary giving the key features of the plan. This is for illustrative purpose only. This does not represent a contract and for details please refer to your policy document. Guaranteed Additions: Guaranteed Additions @ Rs.50%o Sum Assured for each completed year, for the first five years. Participation in profits : The policy shall participate in profits of the Corporation from the 6th year onwards and shall be entitled to receive bonuses declared as per the experience of the Corporation. Maturity Benefit: Sum Assured together with accrued Guaranteed Additions and accrued simple reversionary bonuses and Final Additional Bonus, if any, will be paid to the Policyholder on surviving the term of the policy provided the policy is in full force for full sum assured. Death Benefit: On death of the Life Assured during the term of the policy an amount equal to the Sum Assured along with accrued Guaranteed Additions and accrued Simple Reversionary Bonuses and Final Additional Bonus, if any, will be paid provided the policy is in full force for full sum assured. Grace Period: A grace period of 30 days will be available for payment of yearly, half-yearly or quarterly premiums and 15 days for monthly premiums. 15 days Cooling-off period If you are not satisfied with the Terms and Conditions of the policy you may return the policy to us within 15 days. Paid-up Value The policy will acquire paid-up value after more than one years premiums have been paid subject to Terms and Conditions. Guaranteed Surrender Value This policy can be surrendered for cash after more than one years premiums have been paid. The Guaranteed Surrender Value allowable under the policy will be equal to 30% of the total amount of premiums paid excluding the premiums for the first year and the extra premiums, if any. The cash value of any existing vested Guaranteed Additions and vested simple reversionary bonuses, if any, will also be payable after completion of 3 years. Revival The policyholder can revive his lapsed policy by paying arrears of premium together with interest within a period of five years from the date of first unpaid premium subject to satisfactory evidence of health and continued insurability of the Life Assured. The rate of interest will be as determined by the Corporation from time to time. Currently, the rate of interest is 8% p.a. Loan: Subject to Terms and Conditions loan is permissible after the policy has acquired paid-up value. The rate of interest charged on such loan amount would be determined from time to time. The present rate is 9% p.a. payable half-yearly. Payment of premium : Premiums under this policy are payable over a period of 3, 4 or 5 years. The following modes of payment of premium are allowed - Yearly, Half-yearly, Quarterly or Monthly. Policy Term: 5, 10, 15, 20 or 25 years ELIGIBILITY CONDITIONS AND OTHER RESTRICTIONS: Minimum Age at entry Maximum Age at entry Maximum Maturity Age Policy Term Sum Assured Rebate for Mode of Premium Payment: Yearly Half-Yearly Quarterly Monthly Sum Assured Rebate: Up to and including Rs.50 lakh Above Rs.50 lakh Benefit Illustration Statutory warning Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your insurer carrying on life insurance business. If your policy offers guaranteed returns then these will be clearly marked guaranteed in the illustration table on this page. If your policy offers variable returns then the illustrations on this page will show two different rates of assumed future investment returns. These assumed rates of return are not guaranteed and they are not upper or lower limits of what you might get back as the value of your policy is dependent on a number of factors including future investment performance. Illustration: Nil Rs. 0.50 per thousand Sum Assured 2% of tabular premium 1% of tabular premium Nil 5% extra of tabular premium 18 years completed 65 years (age nearer birthday) 75 years (age nearer birthday) 5, 10, 15, 20 or 25 years Minimum Rs.10 lakh. Thereafter in multiples of Rs.1,00,000

Age at Entry: 35 years Sum Assured (Rs.): 1000000 Policy Term: 25 years Premium Paying Term: 3 years Yearly Premium (Rs.): 178213 End Total Death Benefit / Maturity Benefit (Rs.) payable at end of year of Premium Variable Total year paid till end of Scenario Scenario Scenario 1 Scenario Guaranteed year 1 2 2 (Rs.) 1 2 3 4 5 6 7 8 9 10 15 20 25 178213 356426 534639 534639 534639 534639 534639 534639 534639 534639 534639 534639 53463 9 1000000 1050000 1100000 1150000 1200000 1250000 1250000 1250000 1250000 1250000 1250000 1250000 1250000 0 0 0 0 0 22000 44000 66000 88000 110000 220000 440000 586000 0 0 0 0 0 104000 208000 312000 416000 520000 1040000 2080000 2773000 1000000 1050000 1100000 1120000 1150000 1200000 1272000 1294000 1338000 1360000 1470000 1690000 1836000 1000000 1050000 1100000 1150000 1200000 1354000 1458000 1562000 1666000 1770000 2290000 3330000 4023000 i) This illustration is applicable to a non-smoker male/female standard (from

medical, life style and occupation point of view) life iii) The non-guaranteed benefits (1) and (2) in above illustration are calculated so that they are consistent with the Projected Investment Rate of Return assumption of 6% p.a.(Scenario 1) and 10% p.a. (Scenario 2) respectively. In other words, in preparing this benefit illustration, it is assumed that the Projected Investment Rate of Return that LICI will be able to earn throughout the term of the policy will be 6% p.a. or 10% p.a., as the case may be. The Projected Investment Rate of Return is not guaranteed. iii) The main objective of the illustration is that the client is able to appreciate the features of the product and the flow of benefits in different circumstances with some level of quantification. iv) Future bonus will depend on future profits and as such is not guaranteed. However, once bonus is declared in any year and added to the policy, the bonus so added is guaranteed. v) The Maturity benefit is the amount shown at the end of the Policy term. MONEY BACK PLAN MONEY BACK POLICY-20 YEARS Unlike ordinary endowment insurance plans where the survival benefits are payable only at the end of the endowment period, this scheme provides for periodic payments of partial survival benefits as follows during the term of the policy, of course so long as the policy holder is alive. In the case of a 20-year Money-Back Policy (Table 75), 20% of the sum assured becomes payable each after 5, 10, 15 years, and the balance of 40% plus the accrued bonus become payable at the 20th year. For a Money-Back Policy of 25 years (Table 93), 15% of the sum assured becomes payable each after 5, 10, 15 and 20 years, and the balance 40% plus the accrued bonus become payable at the 25th year. An important feature of this type of policies is that in the event of death at any time within the policy term, the death claim comprises full sum assured without deducting any of the survival benefit amounts, which have already been paid. Similarly, the bonus is also calculated on the full sum assured. MONEY BACK POLICY-25 YEARS Unlike ordinary endowment insurance plans where the survival benefits are payable only at the end of the endowment period, this scheme provides for periodic payments of partial survival benefits as follows during the term of the policy, of course so long as the policy holder is alive. In the case of a 20-year Money-Back Policy (Table 75), 20% of the sum assured becomes payable each after 5, 10, 15 years, and the balance of 40% plus the accrued bonus become payable at the 20th year. For a Money-Back Policy of 25 years (Table 93), 15% of the sum assured becomes payable each after 5, 10, 15 and 20 years, and the balance 40% plus the accrued bonus become payable at the 25th year. An important feature of this type of policies is that in the event of death at any time within the policy term, the death claim comprises full sum assured without deducting any of the survival benefit amounts, which have already been paid. Similarly, the bonus is also calculated on the full sum assured. JEEVAN SURABHI 15 YEARS Jeevan Surabhi plan is similar to other money back plans.However main differences in regular money back plans and Jeevan Surabhi are as under Maturity term is more than premium paying term. Early and higher rate of survival benefit payment. Risk cover increases every five years. The actual term and the premium paying term for these plans are as under. Plan no. 106 Policy Term 15 years Premium Paying Term 12 years

107 108

20 years 25 years

15 years 18 years

Full sum assured is paid back as survival benefit by the end of premium paying term. However, the risk cover and additional risk cover continue and the policy participates in profits till the end of policy term. Accident Benefit is restricted to the premium paying period and to the overall limit of Rs.5 lakhs on a single life. Suitable For: This plan holds special interest to people who besides wishing to provide for their old age and family feel the need for lump sum benefits at periodical intervals. JEEVAN SURABHI 20 YEARS Jeevan Surabhi plan is similar to other money back plans.However main differences in regular money back plans and Jeevan Surabhi are as under Maturity term is more than premium paying term. Early and higher rate of survival benefit payment. Risk cover increases every five years. The actual term and the premium paying term for these plans are as under. Plan no. 106 107 108 Policy Term 15 years 20 years 25 years Premium Paying Term 12 years 15 years 18 years

Full sum assured is paid back as survival benefit by the end of premium paying term. However, the risk cover and additional risk cover continue and the policy participates in profits till the end of policy term. Accident Benefit is restricted to the premium paying period and to the overall limit of Rs.5 lakhs on a single life. Suitable For: This plan holds special interest to people who besides wishing to provide for their old age and family feel the need for lump sum benefits at periodical intervals. JEEVAN SURABHI 25 YEAR Jeevan Surabhi plan is similar to other money back plans.However main differences in regular money back plans and Jeevan Surabhi are as under Maturity term is more than premium paying term. Early and higher rate of survival benefit payment. Risk cover increases every five years. The actual term and the premium paying term for these plans are as under. Plan no. 106 107 108 Policy Term 15 years 20 years 25 years Premium Paying Term 12 years 15 years 18 years

Full sum assured is paid back as survival benefit by the end of premium paying term. However, the risk cover and additional risk cover continue and the policy participates in profits till the end of policy term. Accident Benefit is restricted to the premium paying period and to the overall limit of Rs.5 lakhs on a single life. Suitable For: This plan holds special interest to people who besides wishing to provide for their old age and family feel the need for lump sum benefits at periodical intervals. BIMA BACHAT What is Bima Bachat? LICs Bima Bachat is a money-back policy which offers financial security and assurance to the policy holder and his family. Bima Bachat requires the policy holder to pay only one premium. The amount paid for the premium depends on the duration of the policy taken and life insurance is available till the date of maturity. What other benefits do I receive during the specified duration of the policy?

For a term of 9 years: The policy holder will receive 15% of the sum assured at the end of every 3rd and 6th policy year.

For a term 12 years: The policy holder will receive 15% of the sum assured at the end of every 3rd, 6th and 9th policy year.

For a term 15 years: The policy holder will receive15% of the sum assured at the end of every 3rd, 6th, 9th and 12th policy year.

What additional benefits do I get upon maturity? If the policy holder outlives the duration of the policy, at the time of maturity, a single premium payment (excluding extra premium) is made along with loyalty additions, if any.

How much insurance do I get? The policy holder is insured for an amount equal to the sum assured. What about the installment received already? The insurance cover is irrespective of the installments received.

When am I eligible for the guaranteed surrender value? The guaranteed surrender value is available only after completion of at least one policy year. This value is equal to 90 % of the single premium paid (excluding extra premium).

What other benefits does this insurance cover offer? Bima Bachat is the only money-back policy that offers a loan facility. The rate of interest for this will be determined from time to time by the corporation. Presently the rate of interest is 9% p.a. payable half-yearly. It also offers other benefits like the 15 day cooling off period, grace period and revival.

Who is eligible for the policy? Are there other conditions or restrictions? The following are the requirements that one needs to be aware of before applying for this policy: The person applying for the policy should have completed 15 years and should not be older than 66 years. The policy will mature when the person is 75 years old. There is a choice of three terms to choose from (9, 12 and 15 years) for the policy depending on the age and requirement of the applicant. The minimum sum that needs to be assured is Rs 20,000/- and there is no limit on the amount that can be assured. It is important to note that the sum assured should be in multiples of Rs 5000/- only. The policy requires the holder to pay a single premium. SPECIAL MONEY BACK POLICY FOR WOMEN Introduction LICs Jeevan Bharati-I is a plan exclusively for women. It is a with profit plan having special features considering the needs of women. The plan also provides for Accident Benefit, Critical Illness Benefit and Congenital Disability Benefit as optional Riders 1. SPECIAL FEATURES 1. Encashment of Survival Benefit as and when needed: The policyholder at her option may avail the survival benefit any time on or after its due date. If opted to avail later, increased survival benefit at the rate decided by the corporation from time to time will be payable.

2. Flexibility to pay premiums in advance: The mode of premium payment is only yearly under this plan. However, policyholder may pay the next yearly premium in advance in instalments (maximum upto 3 instalments) during the year. If premiums are paid in advance a premium rebate may be allowed as may be decided by the Corporation from time to time 3. Option to receive maturity proceeds in the form of an annuity: : The policyholder shall have the option to receive the maturity proceeds in the form of annuity. The rate of annuity will be based on the annuity rates prevalent at the time of stipulated Date of Maturity. 4. Auto Cover:: After two years premiums have been paid, whenever premium payment is discontinued, the life cover for full sum assured will continue for 3 years from the due date of first unpaid premium. If death occurs during the Auto Cover period, then death benefit after deducting unpaid premiums, with interest is payable along with the vested bonus, if any. The auto cover shall not be available for rider benefits. 2. OPTIONAL RIDERS: The following riders are available under this plan: A. CRITICAL ILLNESS (CI) RIDER : An amount equal to the Critical Illness Rider Sum Assured will be payable in case of diagnosis of defined categories of critical illnesses. A person is eligible for this benefit upto a maximum age of 60 years but subject to a maximum of the policy term. This benefit can be availed for a minimum Sum of Rs 50000 and for a maximum Sum equal to the Sum assured under the basic plan subject to the maximum of Rs 5 lakh overall limit taking all critical illness riders under all existing policies of the Life Assured. (For details refer the sales brochure of Critical Illness rider) B. ACCIDENT BENEFIT RIDER: An additional amount equal to the Accident Benefit Rider Sum Assured is payable upon death or total and permanent disability due to accident during the policy term. This benefit can be availed for a minimum sum of Rs 50000 and for a maximum sum equal to the Sum Assured under the Basic Plan subject to the maximum of Rs.50 lakhs. C. CONGENITAL DISABILITIES BENEFIT (CDB) RIDER: This rider can be opted for by a female between the ages of 18yrs and 35 years. An amount equal to 50% of the CDB Sum Assured is payable if the Life Assured gives birth to a child with specified congenital disabilities. This benefit is available for a maximum of two such children and this benefit ceases at the age of 40 years. This benefit can be availed for a minimum Sum of Rs 50000 and a maximum sum of Rs 500000. (For details refer the sales brochure of Congenital Disability Benefit Rider) 3. ELIGIBILITY CONDITIONS (For Basic Plan): Minimum age at entry : 18 years (completed) Maximum age at entry : 55 years (nearest birthday) Maximum age at maturity : 70 years (nearest birthday) Policy term : 15 and 20 years Minimum Sum Assured : Rs. 50,000/Maximum Sum Assured : Rs. 25,00,000/(Sum Assured shall be in multiples of Rs.5,000/-) 4. SAMPLE PREMIUM RATES FOR BASIC PLAN : Tabular Annual Premium per 1000 SA AGE/TERM 15 20 20 79.35 63.90 25 79.45 64.10 30 79.70 64.55 35 80.25 65.45 36 80.45 65.70 37 80.60 66.00 40 81.35 67.00 45 83.15 69.50 50 86.05 73.50 5. HIGH SUM ASSURED REBATES: Sum Assured (in Rs) 1,00,000 to 4, 99,999 Rebate per thousand Sum Assured Rs 2.00

5, 00,000 and above Rs 4.00 6. LOAN: Loan is available under the plan after the policy acquires paid-up value. 7. GRACE PERIOD: A grace period of one-month but not less than 30 days will be allowed for payment of premium . 8. REVIVAL: A. REVIVAL DURING THE AUTO COVER PERIOD: (i) If Critical Illness Rider is not opted for: During the Auto Cover Period, the Life Assured can pay one or more instalments of premiums with interest without submission of any evidence of health. On payment of part or full arrears of premiums with interest, the Auto Cover Period of 3 years from the due date of new FUP shall again be available during the term of the Policy. If any survival benefit falls due during the above 3-year auto cover period the same will be paid after deduction of unpaid premiums with interest until the due date of the survival benefit, provided it is more than the unpaid premiums with interest. If the survival benefit is insufficient to cover the arrears of premiums with interest up to the due date of such survival benefit, then the survival benefit will be payable only on payment of such arrears of premiums with interest , during the period of the aforesaid 3 years or on revival of the policy thereafter. (ii) If Critical Illness Rider is opted for: During the auto cover period, the policy can be revived by payment of full arrears of premium together with interest and subject to submission of proof of

continued insurability of the Life Assured to the satisfaction of the Corporation. The Corporation reserves the right to accept at original terms, accept at revised terms or decline the revival of the policy. The revival of the policy shall take effect only after the same is approved by the Corporation and is specifically communicated to the Life Assured. If any survival benefit falls due during the above 3-year auto cover period the same will be paid only after revival of the policy as stated above. B. REVIVAL OTHER THAN DURING AUTO COVER PERIOD : If the Policy has lapsed, and the policy is not under the period of auto cover, the policy can be revived within a period of 5 years from the date of first unpaid premium and before the date of maturity by payment of full arrears of premium together with interest and subject to submission of proof of continued insurability of the Life Assured to the satisfaction of the Corporation. The Corporation reserves the right to accept at original terms, accept at revised terms or decline the revival of a discontinued policy. The revival of discontinued policy shall take effect only after the same is approved by the Corporation and is specifically communicated to the Life Assured. The Rider/s shall be revived along with the Basic plan and not in isolation. 9. PAID UP VALUE: If after at least three full years premiums have been paid and any subsequent premium not paid, this policy shall not be wholly void after the expiry of three years Auto Cover Period ,but shall continue as a paid up policy. The Sum Assured of the policy shall be reduced in the same proportion as the number of premiums actually paid bears to the total number of premiums stipulated for in the policy , less any survival benefit paid. This reduced Sum is called the paid up value. The policy thereafter shall be free from all liabilities for payment of the premiums, but shall not be entitled to the future bonuses. The existing vested reversionary bonuses, if any, will remain attached to the reduced paid-up Policy. This paid up value shall be payable on the date of maturity or at Life Assureds prior death. No survival benefit shall be payable under paid up policies. The rider benefits will cease to apply if the policy is in lapsed condition and will not acquire any paid up value. 10. SURRENDER VALUE: The Guaranteed Surrender value will be available after the expiry of 3 policy years provided the premiums have been paid for at least three years. The Guaranteed Surrender Value is equal to 30% of the total amount of premiums paid excluding the premiums paid for the first year, any premiums paid towards riders, all extra premiums that may have been paid less the amount of survival benefits paid earlier. The cash value of any existing bonuses, if ,any will also be paid . Corporation may, however, pay special surrender value as the discounted value of Paid up sum assured and vested bonus, if any, as applicable on date of surrender, provided the same is higher than guaranteed surrender value. 11. EXCLUSIONS: Suicide: This policy shall be void if the Life Assured commits suicide (whether sane or insane at that time) at any time on or after the date on which the risk under the policy has commenced but before the expiry of one year from the date of commencement of risk under the policy and the Corporation will not entertain any claim by virtue of this policy except to the extent of a third partys bonafide beneficial interest acquired in the policy for valuable consideration of which notice has been given in writing to the branch where the Policy is being presently serviced (where the policy records are kept), at least one calendar month prior to death. 12. COOLING OFF PERIOD: If you are not satisfied with the Terms and Conditions of the policy, you may return the policy to us within 15 days. WHOLE LIFE PLANS THE WHOLE LIFE POLICY This plan is mainly devised to create an estate for the heirs of the policyholder as the plan basically provides for payment of sum assured plus bonuses on the death of the policyholder. However, considering the increased longevity of the Indian population, the Corporation has amended the above provision, thereby providing for payment of sum assured plus bonuses in the form of maturity claim on completion of age 80 years or on expiry of term of 40 years from date of commencement of the policy whichever is later. The premiums under the policy are payable up to age 80 years of the policyholder or for a term of 35 years whichever is later. If the payment of premium ceases after 3 years, a paid-up policy for such reduced sum assured will be automatically secured provided the reduced sum assured exclusive of any attached bonus is not less than Rs.250/-. Such reduced paid-up policy is not entitled to participate in the bonus declared thereafter but the bonuses already declared on the policy will remain attach, provided the policy is converted in to a paid-up policy after the premiums are paid for 5 years. Suitable For: This policy is suitable for people of all ages who wish to protect their families from financial crises that may occur owing to the policyholders premature death. WHOLE LIFE POLICY - LIMITED PAYMENT This is the best form of life assurance for family provision since it enables the Life Assured to pay all the premiums during the ordinarily vigorous and most productive years of life. He need not pay any premium in the later stages of life if and when his conditions might become adverse. With Profits Limited Payments Policies do not cease to participate in profits after completion of the premium paying period but continue to share in the periodical Bonus Distribution until the death of the Life Assured.The Without-Profit option is available under Table no. 3. If the policyholder pays at least 3 years' premiums and then discontinues paying any more premium, a reduced paid-up assurance policy comes into force. Such a reduced paid-up Policy will not be entitled to participate in the profits declared thereafter, but such Bonus as has already been declared on the Policy will remain attached thereto. The premium paying term under this plan is five years minimum and 55 years maximum. WHOLE LIFE POLICY SINGLE PREMIUM This is the best form of life assurance for family provision since it enables the Life Assured to pay the premium during the ordinarily vigorous and most productive years of life, relieving him from the necessity of making payments later in life when they might become a burden. With Profits Single Premium policies do not cease to participate in profits after completion of the period for which premium has been paid ,but continue to share in the periodical Bonus Distribution until the death of the Life Assured.

Suitable For: Being a limited-payment life assurance policy, this plan is suitable for people of all ages and social groups who wish to protect their families from a financial setback that may occur owing to their demise. JEEVAN ANAND This plan is a combination of Endowment Assurance and Whole Life plans. It provides financial protection against death throughout the lifetime of the life assured with the provision of payment of a lump sum at the end of the selected term in case of his survival. Premium:

Premiums are payable yearly, half-yearly, quarterly, monthly or through salary deductions as opted by you throughout the selected term of the policy or till earlier death. Bonuses: This is a with-profit plan and participates in the profits of the Corporations life insurance business. It gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan. Bonuses will be added during the selected term or till death, if it occurs earlier. Final (Additional) Bonus may also be payable provided the policy has run for certain minimum period. JEEVAN TARANG This is a with-profits whole of life plan which provides for annual survival benefit at a rate of 5 % of the Sum Assured after the chosen Accumulation Period. The vested bonuses in a lump sum are payable on survival to the end of the Accumulation Period or on earlier death. Further, the Sum Assured, along with Loyalty Additions, if any, is payable on survival to age 100 years or on earlier death. Accumulation Period : The plan offers three Accumulation periods 10, 15 and 20 years. A proposer may choose any of them. Payment of Premium: Premiums can be paid regularly at yearly, half-yearly, quarterly or monthly intervals or through salary deductions over the Accumulation Period. Alternatively, a Single Premium can be paid on commencement of a policy. Sample Premium Rates: The tables below provide tabular premiums for various age-term combinations for Rs. 1000/- Sum Assured. Regular premiums Accumulation period Age 10 years 15 years 20 years Up to 40 years 109.10 71.40 51.50 41 to 45 years 109.10 71.40 53.40 46 to 50 years 109.10 73.80 56.60 51 to 55 years 111.80 77.90 56 to 60 years 116.60 Single premiums Accumulation period Age 10 years 15 years 20 years Up to 46 years 756.00 644.00 548.00 47 years 756.00 644.00 549.00 48 years 756.00 644.00 552.00 49 years 756.00 644.00 555.20 50 years 756.00 644.00 558.90 51 to 55 years 756.00 644.00 56 to 60 years 756.00 Participation in Profits: Policies under this plan shall participate in profits of the Corporation. During the accumulation period policies shall be entitled to receive simple reversionary bonuses which will be payable on survival to the end of the accumulation period or on earlier death. After the accumulation period, policies will be entitled to receive a Loyalty Addition payable on maturity or earlier death. The amount of simple reversionary bonus and Loyalty Addition will depend on the experience of the Corporation.

TERM ASSURANCE PLAN TWO YEAR TEMPORARY ASSURANCE PLAN

The Two Year Temporary Assurance policy is designed for the insuring public who requires risk cover for a maximum of two years. Under the Two Year Temporary Assurance policy a single premium is required to be paid at the outset of the policy to cover the entire period of term. The proposer is required to pay the medical examination fee. The proof of age must also accompany the proposal. The policy issued will be only under the 'Without Profits' plan. The policy is not entitled to any surrender value. No loan will be granted against the Two Year Temporary Assurance policy.

Suitable For The Two Year Temporary Assurance policy caters to the individuals who specifically require insurance cover against risk for a short period of two years, for instance persons who are required to go on tours for instance for a year or so. CONVERTIBLE TERM ASSURANCE POLICY

This plan of assurance is designed to meet the needs of those who are initially unable to pay the larger premium required for a Whole Life or Endowment Assurance Policy, but hope to be able to pay for such a policy in the near future. This plan would be found useful also in cases where it is desired to leave the final decision as to the plan to a later date when, perhaps a better choice could be made. Policy holders get an option of converting an policy into endowment assurance or limited payment whole life assurance.

Suitable For For all people with earned income under Category I and unearned incomes under Category II, basically Standard and sub-Standard lives attracting EMR classes I and II. ANMOL JEEVAN 1

On Death during the Term of the Policy On Maturity

Sum Assured Nil

Restrictions Minimum age at entry 18 years (completed) Maximum age at entry 55 years (nearer birthday) Maximum age at maturity 65 years Minimum Term 5 years Maximum Term 25 years Minimum Sum Assured Rs.5,00,000/Maximum Sum Assured Less than 25,00,000 . Mode of Premium Payment* Yearly, Half- Yearly and Single premium Note : The policy would be issued in multiples of Rs. one lakh for Sum Assured above Rs. five lakh.

Rebate i) Sum Assured Rebate : NIL in case of regular premium policies . ii) Mode Rebate : 1 % of Annual premium for yearly mode and nil for Half-Yearly mode.

Underwriting, Age Proof and Medical Requirements The plan is available to Standard and Sub-standard lives (upto Class VI EMR). This plan is also available to female lives (category I and II lives only) and to physically handicapped persons subject to certain conditions. Standard age proof will have to be submitted along with the Proposal Form. PAID-UP AND SURRENDER VALUE : i) The policy will not acquire any paid-up value. ii) No Surrender Value will be available under this plan.

Loan No loan will be granted under this plan.

Grace Period For Non-Forfeiture Provisions A grace period of 15 days will be allowed for payment of yearly or half-yearly premiums. If death occurs within this period and before the payment of the premium then due, the policy will still be valid and the Sum Assured paid after deduction of the said premium as also unpaid premiums falling due before the next policy anniversary of the Policy. If the premium is not paid before the expiry of the days of grace, the Policy lapses.

Revival If the Policy has lapsed, it may be revived during the life time of the Life Assured, but before the date of expiry of policy term, on submission of proof of continued insurability to the satisfaction of the Corporation and the payment of all the arrears of premium together with interest at such rate as may be prevailing at the time of the payment. The corporation reserves the right to accept or decline the revival of discontinued policy. The revival of the discontinued policy shall take effect only after the same is approved by the Corporation and is specifically communicated to the Life Assured. The cost of the Medical reports, including Special Reports, if any, required for the purposes of revival of the policy, should be borne by the Life Assured.

Payment Of claims No Claims concession will be applicable to this Policy.

Back-Dating Interest The policy can be back dated within the financial year. No dating back interest shall be charged. AMULYA JEEVAN -1 Death Benefit: In case of unfortunate death of the Life Assured during the term of the policy, Sum Assured is payable, provided the policy is kept in force. Maturity Benefit: Nil MODE OF PAYMENT OF PREMIUMS Premiums may be paid Yearly, Half-yearly or by Single Premium mode. PREMIUM RATES The tables below provide specimen tabular premiums for various age-term combinations for Rs. 1000/- Sum Assured Annual Premium: Age (yrs.) 20 25 30 35 40 Term of the Policy (years) 5 1.97 2.07 2.13 2.43 3.04 10 1.97 2.07 2.19 2.64 3.43 15 1.97 2.08 2.36 2.94 4.07 20 1.97 2.18 2.57 3.40 4.81 25 2.05 2.35 2.92 3.97 5.70 30 2.18 2.61 3.36 4.65 6.77 35 2.38 2.94 3.88 5.47 -

Single Premium: Age (yrs.) 20 Term of the Policy (years) 5 8.12 10 13.71 15 18.12 20 22.03 25 25.86 30 29.84 35 34.51

25 30 35 40

8.55 8.81 10.07 12.62

14.33 15.54 18.73 24.45

19.46 22.14 27.72 38.38

24.49 28.99 38.31 54.18

29.70 37.04 50.31 71.81

35.84 46.18 63.71 91.79

42.79 56.37 78.88 -

REBATES: Large Sum Assured Rebates: The reduction in tabular premiums for different Sum Assured ranges are given below: Sum Assured Up to Rs.99 lakh Rs.1 Crore and above Regular Premium Single premium Rs.0.50 %o SA

MODE EXTRA : 2.00% of tabular annual premium for half half-yearly mode. ELIGIBILITY CONDITIONS Minimum age at entry 18 Year (Completed) Maximum age at entry 60 years (nearest birthday) Maximum age at maturity 70 years Policy term 5 to 35 years Minimum Sum Assured Rs.25,00,000/ Rs.25,00,000/Maximum Sum Assured No upper limit (Sum Assured shall be in multiples of Rs.1,00,000/-) GRACE PERIOD: A grace period of 15 days will be allowed for payment of yearly or half half-yearly premiums. PAID UP VALUE: The policy shall not acquire any paid-up value. REVIVAL If the Policy has lapsed, it may be revived during the life time of the Life Assured, but within a period of 5 years from the date of first unpaid premium and before the date of maturity, on submission of proof of continued insurability to the satisfaction of the Corporation and the payment of all the arrears of premium together with interest at such rate as may be fixed by the Corporation from time to time compounding half half-yearly. y. SURRENDER VALUE: No Surrender Value will be available under this plan. LOAN: No loan will be available under this plan. COOLING OFF PERIOD: If you are not satisfied with the Terms and Conditions of the policy, you may return the policy to us within 15 days. EXCLUSIONS: t date on which the risk Suicide: This policy shall be void if the Life Assured commits suicide (whether sane or insane at that time) at any time on or after the under the policy has commenced but before the expiry of one year from the date of commencement of risk under the policy and the Corporation will not entertain any claim by virtue of this policy except to the extent of a third partys bonafide beneficial interest acquired in the policy for valuable consideration of which notice has been given in writing to the branch where the Policy is being presently serviced (where the policy records are kept), at least one calendar month prior to death. Section 45 of Insurance Act, 1938: No policy of life insurance shall after the expiry of two years from the date on which it was effected, be called in question by an insurer on the ground that a statement made in the proposal for insurance or in any report of a medical officer, or referee, or friend of the insured, or in any other document leading le to the issue of the policy, was inaccurate or false, unless the insurer shows that such statement was on a material matter or suppressed suppre facts which it was material to disclose and that it was fraudulently made by the policyholder and that the policy policyholder holder knew at the time of making it that the statement was false or that it suppressed facts which it was material to disclose. Provided that nothing in this section shall prevent the insurer from calling for proof of age at any time if he is entitled t to do so, and no policy shall be deemed to be called in question merely because the terms of the policy are adjusted on subsequent proof that the age of the life ass assured ured was incorrectly stated in the proposal. Prohibition of Rebates (Section 41 of INSURANCE ACT CT ,1938) : (1) No person shall allow or offer to allow, either directly or indirectly, as an inducement to any person to take out or ren renew ew or continue an insurance in respect of any kind of risk relating to lives or property in India, any rebate of the wh whole ole or part of the commission payable or any rebate of the premium shown on the policy nor shall any person taking out or renewing or continuing a policy accept any rebate except such rebates as may be allowed in accordance with the published prospectuses or tables of the insurer provided that acceptance by an insurance agent of commission in connection with a policy of life insurance taking out by himself on his own life shall not be deemed to be acceptance of a rebate of premium within wi the meaning of this subsection if at the time of such acceptance the insurance agent satisfies the prescribed conditions establishing that he is a b bona ona fide insurance agent employed by the insurer. (2) Any person making default in complying with the provision of this Sectio Section n shall be punishable with a fine, which may extend to 500 rupees. Note: Conditions apply for which please refer to the Policy document or contact our nearest Branch Office. JOINT LIFE PLAN Product summary : This is an Endowment Assurance Plan issued on the lives of husb husband and and wife. The plan provides financial protection against death of both the lives. It pays the maturity amount on survival of one or both the lives to the end of the policy term. Premiums : Premiums are payable yearly, half-yearly, yearly, quarterly, monthly or through salary deductions as opted by you throughout the term of the policy or till the first death of the lives covered, whichever is earlier. Bonuses : This is a with-profit profit plan and participates in the profits of the Corporations life insurance bus business. iness. It gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan. Such bonuses are re to be added till date of maturity or the second death of the lives covered, whichever is earlier. Final (Additional) Bonus may also be payable provided policy has run for certain minimum period. WHOLE LIFE PLANS TERM ASSURANCE PLANS

WHOLE LIFE WITH PROFIT LIMITED PAYMENT WHOLE LIFE SINGLE PREMIUM WHOLE LIFE

ANMOL JEEVAN - I TEMPORARY TERM ASSURANCE AMULYA JEEVAN - I

JEEVAN TARANG

CONVERTABLE TERM ASSURANCE

ENDOWMENT PLANS

PLANS TO TAKE CARE OF CHILDRENS

ENDOWMENT WITH PROFIT ENDOWMENT PLUS LIMITED PAYMENT ENDOWMENT BHAVISHYA JEEVAN NEW JANARAKSHA JEEVAN ANAND JEEVAN MITRA JEEVAN MITRA TRIPLE COVER JEEVAN AMRIT

MARRIAGE ENDOWMENT JEEVAN CHHAYA JEEVAN KISHORE KOMAL JEEVAN JEEVAN ANURAG CHILD CARRIER PLAN CHILD FUTURE PLAN

JOINT LIFE PLAN

PLAN EXCLUSIVELY FOR WOMEN

JEEVAN SAATHI

JEEVAN BHARATI-I

MONEYBACK PLANS

PLANS TO TAKE CARE OF HANDICAPED

MONEYBACK WITH PROFIT JEEVAN SURABHI BIMA BACHAT PLAN

JEEVAN AADHAR JEEVAN VISHWAS

PENSION PLANS

ASSURED RETURN PLANS

JEEVAN NIDHI JEEVAN AKSHAY - VI PENSION PLUS NEW JEEVAN DHARA - I NEW JEEVAN SURAKSHA - I

KOMAL JEEVAN

SPECIAL PLAN

PLAN FOR HIGH NET WORTH INDIVIDUALS

JEEVAN SARAL NEW BIMA GOLD BIMA NIVESH 2005 JEEVAN MADHUR HEALTH PROTECTION PLUS

JEEVAN SHREE I JEEVAN PRAMUKH

UNIT LINK PLAN

ENDOWMENT PLUS PENSION PLUS