164 – ANMOL JEEVAN I

Features Low premium, high risk cover plan Ideal for: Pure Term Assurance Policy Low premium, high risk cover plan Ideal for: Youngsters who have just started their career People not interested in returns but pure risk cover only People with financial liabilities

Low Cost – High Benefit Cheapest policy for risk cover Risk cover available till age 65 Sum assured is payable to nominee on death of the policyholder

Cost Effectiveness Bigger amount of insurance cover at a very fractional cost as compared to a whole life Plan

Death Benefit Full sum assured is payable to the nominee in the event of death of the policy holder

Maturity No maturity benefit would be payable to the policyholder at the end of the term

Plan Specifications Term Age Sum Assured Minimum 5 18 500000 Maximum 25 55 2500000

Planning to buy the cheapest term policy in the market? Cheapest may not always be the best Have you checked the claim settlement record of the company before buying?

Cheapest term policy in the market?

Why term plan from LIC? India's largest life insurance company No 1 in claim settlement among all insurance companies in India Market leader in terms of market share and first year premium of policies

LIC’s Claim settlement performance (2011-12) 1.Total claims settled— 185.70 lakh claims, amounting to Rs.66022.82 crores. 2. 93.19% of Total Maturity Claims settled on or before the date of maturity. 3. 94.34% of Non-early Death claims settled within 15 days of intimation. 4. Outstanding Claims Ratio—(Maturity + Survival Benefit): 0.50% 5. Outstanding Claims Ratio—(Death Claims) : 1.22%