NEW JEEVAN NIDHI TABLE NO. 818 DEFER ANNUITY PLAN DEFER ANNUITY PLAN

BASIC CONDITIONS Minimum Age at Entry20 Years Minimum Age at Entry58 Years (for Regular Premium) Maximum Age at Entry60 Years (for Single Premium) Minimum Age at Vesting55 Year Maximum Age at Vesting65 Year Min. Defer. Period7 Year (for Regular Premium) Min. Defer. Period5 Year (for Single Premium)

BASIC CONDITIONS Minimum S.A.1,00,000 (for Regular Premium) Minimum S.A.1,50,000 (for Single Premium) Maximum S.A. No Limit in multiple of 5,000 Mode Yly, Hyly, Qly, Mly, ECS, SSS & Single Premium ACCIDENT BENEFIT Re. 1 PER 1000 ABSA Min Age at Entry20 Years Maximum Age of Entry Anytime during Def. Period Subject to overall limit of Rs. 50 lac

BENEFIT DEATH BENEFIT DEATH BENEFIT  On death during first five policy years :  Basic Sum Assured + accrued guaranteed additions payable as lumpsum or in form of annuity or partly lumpsum and balance in annuity at applicable annuity rates.  On death after completion of five policy years:  Basic Sum Assured + accrued guaranteed additions + vested simple reversionary bonus + FAB is payable as lumpsum or in form of annuity or partly lumpsum and balance in annuity at applicable annuity rates. Note: In both the above cases the policy should be in full force

BENEFIT BENEFIT ON VESTING BENEFIT ON VESTING  Basic Sum Assured + accrued guaranteed additions + vested simple reversionary bonus + FAB shall be made available to the life assured with below two options to choose from OPTION 1OPTION 2 Invest the entire amount or commute the amount as per Income Tax Act and use the remaining amount for purchasing immediate annuity from LIC. If benefit amount is insufficient to purchase the minimum amount of annuity then the said amount shall be paid as a lump sum to the life assured To purchase a new single premium annuity plan from LIC

GUARANTEED ADDITION Provided the policy is in full force, Guaranteed Rs.50/- per thousand Basic Sum Assured will be added to the Basic Sum Assured for each completed year, for first five years In case of a death claim or surrender of fully paid up policy, the Guaranteed Additions for the policy year of death or surrender will be added fully In case of surrenders and paid-up policies, the Guaranteed Additions for the policy year in which the last premium is received will be added on proportionate basis

PARTICIPATION IN PROFIT The policy shall participate in profits from the 6th policy year onwards till the end of the deferment period and at such rates as may be declared by the Corporation provided the policy is kept inforce for full Sum Assured Final Additional Bonus, if any, may also be declared under the policy depending upon the experience of the Corporation and shall be payable either on vesting or on earlier death

OPTIONAL BENEFIT OPTIONAL BENEFIT ACCIDENTAL DEATH AND DISABILITY BENEFIT RIDER ACCIDENTAL DEATH AND DISABILITY BENEFIT RIDER  In case of accidental death: Accident Benefit Sum Assured + Death benefit under the basic plan  In case of accidental permanent disability arising due to accident  within 180 days from the date of accident: Amount equal to the Accident Benefit Sum Assured will be paid in equal monthly installments spread over 10 years  Future premiums shall be waived

REBATE MODE REBATE Yearly2% Half Yearly1% SUM ASSURED REBATE Regular Premium 3Lac and Above2‰2‰ Single Premium 3 Lac and Above5‰5‰

LOAN OPTION No Loan Shall be available under New Jeevan nidhi plan

SURRENDER OPTION Available after payment of 3 full years premiums Single Premium: Equal to 90% of the Premium Paid excluding Extra premium Paid Regular Premium: GSV will be available at least after 3 years premium paid and is equal to 30% of the total amount of premium paid excluding Extra premium and Service Tax The surrender value shall be the value along with the cash value of accrued Guaranteed Additions and vested Simple Reversionary Bonuses, if any

SPECIAL SURRENDER VALUE Surrender Value shall be the discounted value of the Paid-up Sum Assured and vested simple reversionary bonuses The discount factors shall be surrender value factors as provided in Table-1A of the Special Surrender Value Booklet and will depend upon the policy term and duration elapsed since the commencement of the policy the deferment period under the policy should be taken as the endowment term The Higher of Guaranteed Surrender Value and Special Surrender Value shall be payable

OTHER REVIVAL OF POLICY REVIVAL OF POLICY  A Policy may be revived within a period of 5 years from the date of first unpaid premium and before the date of vesting SERVICE TAX SERVICE TAX  Taxes, if any, shall be applicable at the prevailing rates and borne by the POLICYHOLDER as per rules

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