LIFE INSURANCE CORPORATION

NEW JEEVAN ANAND PLAN (815)

PRODUCT SUMMERY:

LIC new Jeevan Anand plan is a participating non linked plan which offers an atractive combination of protection and savings.This combination provides financial protection against death throughout the lifetime of the policyholder with the provision of payment of lumpsum at the end of the selected policy term in case of his or her survival.

PREMIUM PAYMENT MODE:

YEARLY

HALFLY

QUARTERLY

MONTHLY(ECS)

TERM:

15 TO 35 YEARS

MINIMUM ENTRY AGE:

18 Years completed.

MAXIMUM ENTRY AGE:

50 Year (Nearest Birthday)

MAXIMUM MATURITY AGE:

75 Years.

MINIMUM SUM ASSURED;

1,00,000

MAXIMUM SUM ASSURED:

NO LIMIT (DEPENDING UPON INCOME)

* Maximum Acidenial Deah and disability Benefits Rider up o age 70

Policy benefits:

 On death:

Provided all due premiums have been paid,the following death benefit shall be paid: On death during he policy term.Death benefits and vested simple reversionary bonuses and final additional bonus,if any shall be payable where "sum assured on death is defined as higher of 125% of basic sum assured or 10 times of annualized premium.

This death benefits shall not be less than 105% of all premium paid as on date of death.The premiums mentioned above exclude service tax,extra premium and rider premiums if any.

On death of policy holder at any time after

Policy term: Basic sum asuured.