1. Prepared by: Kamlesh Gurbuxani TABLE 830 LIC’s LIMITED PREMIUM ENDOWMENT PLAN Launch Date : 09/12/2014 UIN No: 512N293V01

2. Prepared by: Kamlesh Gurbuxani DETAILS: This is a: Limited Premium, non-linked, with profits, Endowment Plan.

3. Prepared by: Kamlesh Gurbuxani DEATH BENEFIT: = Sum Assured on Death* + Vested Bonus + FAB if any. *Sum Assured on Death= Higher of 125% of Basic SA or 10 times of annualized Premium. Death Benefit shall not be less than 105% of total premiums paid as on date of death. The premiums exclude taxes, extra premium and rider premiums.

4. Prepared by: Kamlesh Gurbuxani DEATH BENEFIT: Example*: Age- 35, S.A.- `5,00,000, Term - 21 years, PPT- 9 years, Basic Yly Premium: ` 35,961 125% of Basic S.A.= ` 5,00,000 x 1.25 = ` 6,25,000 10 times of Basic Annualized Premium = ` 35,961x10 = ` 3,59,610 Death Benefit ( In case of Death after 5 years Payment) = Higher of Above + Vested Bonus for 5 years + FAB = ` 6,25,000 + ` 1,20,000 (48x500x5) + Nil = ` 7,45,000 105% of Total Basic Premiums Paid= ` 35,961x 5 x 1.05 = ` 1,88,795 As Death benefit is more than 105% of total Basic Premiums Paid, ` 7,45,000 will be paid as Death Benefit.

5. Prepared by: Kamlesh Gurbuxani DEATH BENEFIT: Example*: Age- 57, S.A.- `5,00,000, Term - 12 years, PPT-8 years, Basic Yly Premium: ` 60,657 125% of Basic S.A.= ` 6,25,000 10 times of Basic Annualized Premium = ` 60,657x10 = ` 6,06,570 Death Benefit ( In case of Death after 11 years Payment) = Higher of Above + Vested Bonus for 11 years + FAB = ` 6,25,000 + ` 2,64,000 (48x500x11) + Nil = ` 7,64,000 105% of Total Basic Premiums Paid= ` 60,657 x 8 x 1.05 = ` 5,09,519 As Death benefit is more than 105% of total Basic Premiums Paid, ` 7,64,000 will be paid as Death Benefit.

6. Prepared by: Kamlesh Gurbuxani MATURITY BENEFIT: = Basic Sum Assured + Vested Bonus + FAB if any.

7. Prepared by: Kamlesh Gurbuxani MATURITY BENEFIT: Example*: Age- 35, S.A.- `5,00,000, Term - 21 years Maturity Benefit: = Basic S.A. + Vested Bonus + FAB = `5,00,000 + ` 5,04,000 ( 48x500x21) + ` 50,000 (100x500) = `10,54,000 *Bonus and FAB rates given are for illustration purpose only. Client Specific Benefit illustration @4% & 8% gross investment return must be provided and should be signed by Prospect and Agent and will form part of policy document.

8. Prepared by: Kamlesh Gurbuxani Features & Conditions: Minimum age at entry: 18 years lbd Maximum age at entry: Policy term: 12, 16 and 21 years Premium Paying Term: 8 or 9 years Minimum S.A.: `3,00,000/- & in multiples of ` 10,000 thereafter. Maximum S.A. : No limit TermPPT-8 Years PPT – 9 Years 12 years57 nbd62 nbd 16 years59 nbd 21 years54 nbd

9. Prepared by: Kamlesh Gurbuxani Features & Conditions: Available Riders: 1.Accident & Permanent Disability Benefit Rider: For Full Policy Term/Age 70 – Maximum 1 Crore. 2.Term Assurance Rider. Mode of Payment: Yearly, Half Yearly, Quarterly & Monthly ( SSS & ECS).

10. Prepared by: Kamlesh Gurbuxani Features & Conditions: Rebates: Mode Rebate: Yearly : 2% Half Yearly : 1 % High Basic S.A. Rebate: Upto `4,90,000: Nil `5,00,000 to `9,90,000: `0.50 %o Basic SA ` 10,00,000/- & above: `0.75 %o Basic SA

11. Prepared by: Kamlesh Gurbuxani Features & Conditions: Paid Up/ Surrender/Policy Loan: Available after payment of premium of 2 full years. Revivals: Within 2 years of FUP. Back Dating: Allowed with lean Month’s benefits. Proposal Form: 300.

12. Prepared by: Kamlesh Gurbuxani Taxes: Service Tax: 1 st Year of Policy: 3.09% 2 nd Year onwards: 1.545% Income Tax Benefits: On Basic Premiums: u/s 80C Maturity/Death claim : u/s 10(10D)

13. Prepared by: Kamlesh Gurbuxani Commissions: As Percentage of Annual Premium: 1 st Year 2 nd /3 rd Year 4 th Year Onwards 10% 5%5% Bonus Commission: 40% of first year commission. i.e. 4% of Premium

14. Prepared by: Kamlesh Gurbuxani Underwriting Rules: Non-Medical Schemes: All Allowed. Non-Standard Age Proofs: NSAP-I and II only.

15. Prepared by: Kamlesh Gurbuxani Underwriting Rules: Female Lives : All Allowed. Cat-III own income, illetrate/8 th std: Max 3 lacs provided no previous insurance. Pregnant ladies: Cat I & II only up to 24 weeks of pregnancy. Major Students: Max rated up S.A. inclusive of all plans `1crore and S.A. beyond `1crore at CUS only with MM’s recommendation.

16. Prepared by: Kamlesh Gurbuxani Underwriting Rules: Sub-Standard Major lives: Up to EMR Class Ten only. Physically Handicapped lives should be gainfully employed. Occupation/Residence Extra: Rated Up Factors: PPT/Term12 years16 years21 years 8 years1.68752.06252.3750 9 years1.56251.87502.1875

17. Prepared by: Kamlesh Gurbuxani Underwriting Rules: Actual Sum Assured (ASA) for SUC: For FMR, Special Reports, MHR & TRSA: 1.25 times of Basic S.A. only. Keyman/Partnership/Empl-Employee: Allowed only under Employer-Employee.

18. Prepared by: Kamlesh Gurbuxani Underwriting Rules: NRIs & FNIOs Residence Group: Group I & II: Not Allowed. Group III to VI: Allowed with extra. Group VII: Allowed without extra. House wives and NMS Scheme: Group V, VI and VII only. Mail Order : Only NRIs of Group III to VII.

19. Prepared by: Kamlesh Gurbuxani