LIC Samridhi Plus PowerPoint Presentation


Lic's Unit Link Plans

PLAN
DATE OF LAUNCH
NAV
DATE OF HIGHEST NAV
NAV GROWTH FUND
PERIOD
% CHANGE
WEALTH PLUS
09.02.2010
10
05.11.2010
11.05
1 YR
10.50%
BIMA PLUS
02.02.2001
10
05.11.2010
69.08
9 YR 9 M
590%
FUTURE PLUS
04.03.2005
10
05.11.2010
26.32
5 YR 8M
163%
JEEVAN PLUS
18.10.2005
10
05.11.2010
23.95
5 YR 1 M
139%
MARKET PLUS 181
05.07.2006
10
05.11.2010
15.18
4 YR 4 M
51.00%
MONEY PLUS 180
20.12.2006
10
05.11.2010
13.58
3 YR 11 M
35%
FORTUNE PLUS
23.08.2007
10
05.11.2010
13.29
3 YR 3 M
32%
PROFIT PLUS
23.08.2007
10
05.11.2010
13.12
3 YR 3 M
31%
MONEY PLUS -I
22.05.2008
10
05.11.2010
15.32
2 YR 6 M
53%
MARKET PLUS - I
17.06.2008
10
05.11.2010
15.4
2 YR 5 M
54%
CHILD FORTUNE +
01.11.2008
10
05.11.2010
16.87
2 YR
68%
JEEVAN SATHI 29.06.2009
29.06.2009
10
05.11.2010
12.74
1 YR 5 M
27%

Free Download Samridhi Plus Calculator

Brief About LIC Samridhi Plus Summary:
LIC Samridhi Plus is a ULIP plan. LIC Samridhi Plus (Plan No.804) is a close ended plan which would be open for sale for a maximum period of 3 months.
LIC Samridhi Plus Plan at Glance:
  • Guaranteed Highest NAV of the first 100 months at Maturity
  • Policy Term 10 years
  • Lock in period 5 years
  • Limited Premium Payment (5 years or single premium)
  • Unlimited investment under Single Premium
  • Insurance Protection
  • Easy liquidity through Partial Withdrawals
  • Entry age 8 to 65 years

Death Claim Analysis For the Year 2009-10



Death Claim Analysis For the Year 2009-10
Amount in Crores
Company Total amount of Death Claims Payable Total Amount

of Death Claims Paid
% of Death

Claim

Amount

Paid
Total

Amount of

Death Claim

Repudiated
% of Death

Claim

Amount

Repudiated
Total

Amount of

Claims

Pending
% of Claims Amount Pending
Aegon Religare 2.58 1.08 41.86 1.13 43.80 0.37
14.34
Aviva 31.71 25.37 80.01 4.57 14.41 1.77
5.58
Bajaj Allianz 353.11 294.92 83.52 25.79 7.30 32.40
9.18
Bharati AXA 11.06 7.57 68.44 3.49 31.56 0.00
0.00
Birla Sunlife 130.21 102.76 78.92 26.46 20.32 0.67
0.51
Canara HSBC 4.75 1.15 24.21 0.48 10.11 3.12
65.68
DLF Pramerica 0.70 0.48 68.57 0.01 1.43 0.21
30.00
Future Generali 11.73 3.61 30.78 4.05 34.53 4.07
34.70
HDFC Standard 79.75 66.58 83.49 5.89 7.39 7.28
9.13
ICICI Prudential 248.52 218.04 87.74 10.98 4.42 19.50
7.85
IDBI Federal 8.68 2.70 31.11 1.61 18.55 4.37
50.35
India First 0.17 0.07 41.18 0.01 5.88 0.09
52.94
ING Vysya 29.68 24.91 83.93 1.58 5.32 2.89
9.74
Kotak Mahindra 67.97 55.91 82.26 3.61 5.31 8.45
12.43
Max New York 126.55 78.07 61.69 18.16 14.35 30.32
23.96
Met Life 76.63 40.50 52.85 18.48 24.12 17.55
22.90
Reliance Life 103.47 79.61 76.94 15.80 15.27 8.02
7.75
Sahara 7.10 4.73 66.62 0.25 3.52 2.12
29.86
SBI Life 103.35 92.44 89.44 5.93 5.74 4.98
4.82
Shriram 17.42 5.47 31.40 4.10 23.54 7.85
45.06
Star Union Dai-ichi 0.91 0.61 67.03 0.00 0.00 0.30
32.97
Tata AIG 75.56 52.00 68.82 12.03 15.92 11.53
15.26
LIC of India 5049.43 4799.55 95.05 80.36 1.59 118.45
2.35

Aegon Religare: ‘Kum insurance dene ki bimari’

Aegon Religare: ‘Kum’ insurance ‘dene ki bimari’

The insurer has been running a high-pitched ad campaign cajoling the ‘masses’ to buy more
insurance. But a look at their official ‘claims settled’ and ‘claims repudiated’ ratios indicate
that the insurer’s policy payouts have a lot of scope for improvement.

Aegon Religare has had a long-running campaign on various media platforms, trying to 'educate' the general public on the need to take sufficient insurance cover. The actual advertisement shows Bollywood star Irrfan Khan highlighting the fact that the Indian masses tend to take less life insurance cover than what is required for them.

According to the insurer's ad, this (not taking sufficient life cover) is a disease in itself. So goes the catch-line in the usual ad voiceover baritone: (Not taking enough life cover) is 'Kum Insurance lene ki bimari' (the disease of taking less life cover).But herein lies the rub…
Aegon Religare can claim that the masses do not take sufficient life cover. But what about the total number of life insurance policy claims that the insurer has actually settled?
Let's keep this shrill campaign aside. According to figures released by insurance regulator IRDA's (the Insurance Regulatory and Development Authority) report for 2009-2010, the 'claims settled ratio' (the number of claims settled with respect to claims received) for Aegon Religare is a measly 48%, and the claims repudiated ratio (the number of claims rejected with respect to claims received) is as high as 44%.

It is clear from these IRDA figures that all Aegon Religare customers coming forward to take
insurance cannot be guaranteed that their claims will be settled. Of course, claims settlement for a life policy depends on the details given in the offer document, like full and complete disclosure of pre-existing ailments, etc. That is because insurance contracts are signed on the condition of utmost good faith, both on part of the insurer and the policyholder.

But even a cursory glance at the figures provided by IRDA for the previous year (2008-09) clearly indicates that Aegon Religare has us wondering whether the insurer itself is suffering from 'kum insurance dene ki bimaari.' For the above year, Aegon Religare had not settled any of the claims that had been submitted to it. On top of that, the insurer repudiated 71% of the claims that had been submitted to it in the above period.

(Max New York Life-Max fall in claims settlement ratio) Moneylife had pointed out how Max New York Life (MYNL) had settled 3,943 claims out of the 6,019 claims it had received in 2009- 10; its claims settlement ratio had fallen from 90% (2008-09) to 65% (2009-10).

Despite the opening up of the insurance sector to private players, government behemoth Life
Insurance Corporation of India (LIC) had a claims settled ratio of 96% and a low claim repudiation figure (just 1%) for 2009-10, according to the insurance regulator.

Among the other players, for the same period, these were the claims repudiation figures (HDFC
Standard Life: 4% and ICICI Prudential: 3%) of total claims submitted. Other insurers, who have high claims repudiation figures include Future Generali (29%); IDBI Federal (23%), and Bharti AXA Life (22%), according to the IRDA report of 2009-10 quoted above. High performers in claims settled include HDFC Standard Life (91%), ICICI Prudential (90%) and ING Vysya (89%), according to IRDA.

Pension Plus FOR YOUR LIFE AFTER RETIREMENT

HAVE YOU PLANNED FOR YOUR LIFE AFTER RETIREMENT

•REGULAR INCOMREGULAR INCOME
•HEALTHCARE/MEDICAL
•LIVING WITH DIGNITY
•INFLATION
•LOVE AND CARE
•WIFE’S NEEDS
•GIFTS TO GRAND CHILDREN
•SOCIAL LIFE/HOLIDAYS

ECONOMIC SURVEY

Average monthly expenditure per family per montAverage monthly expenditure per family per month

In 1920 Rs. 1/-
In 1940 Rs. 10/-
In 1960 Rs. 100/-
In 1980 Rs 1000/-
In 2000 Rs 10,000/-
In 2020 Rs. 100,000/-
In 2040 Rs 10,00,000/-

What kind of planning have you done for receiving every month in between 2030 to2050 your GOLDEN RETIREMENT PERIOD

PLAN TODAY FOR BETTER TOMORROW

Am I in the right types of investments?

―Will I outlive my money
―Will my investments keep up with inflation?
―Have I saved enough?
―What will my retirement expenses be?
―How much can I withdraw each month once I’m retired?

Don’t put all your eggs in one basket!

Diversify your portfolio
Art
Bank Deposits
Bonds
Commodities
Equity Shares
Gold & Jewellary
Government Securities
Insurance
Mutual Funds
Real Estate
Structured Products Asset class

LIC’s Pension Plus is a unique ULIP plan where the
minimum rate of interest is guaranteed. This plan is
excellent investment towards essential long term
financial planning.

Pension Plus is in compliance with
the current IRDA norms. Pension
Plus is truly an innovative plan that
suits your needs just too perfectly.

The features of the LIC Pension Plus

Rate of Interest applied to gross premium.

•Being Market Linked, the plan has possibility of
getting excellent returns.

•Due to minimum interest guarantee, you are
protected against fluctuation of interest due to policies
of the government in the distant future.

•A unique Unit Linked Pension Plan with guarantee
on the minimum rate of interest.

Free switching between funds two times every year
and at a very nominal fee thereafter.

Choose any one of the 2 funds i.e. Debt (Low Risk) & Mixed (Medium Risk) Fund

Top-ups facility – additional premium can be paid at

anytime to invest in the funds with no upper limit.

Benefit on Maturity :

1.Option to commute
1/3rd. of the Maturity
Proceeds.

Compulsory purchase of
Annuity ensures
channelisation of funds for
specific purpose.

1.Annuity purchased from
Fund Value or Guaranteed
Maturity Proceeds
whichever is higher.


Benefit on death – Fund Value. Nominee has the
option to receive the amount in lump Sum or as
Annuity.

Convenient modes of payment, Single Premium mode
also available.

No surrender charges will be imposed after 5 yrs.

Payment of Premiums:

You may pay premiums
regularly at yearly, half-yearly
or 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.

Minimum Premium -

Regular premium (other than monthly (ECS) mode) : Rs. [15,000] p.a.

Regular premium (for monthly (ECS) mode) : Rs. [1,500] p.m.

Single premium: Rs. [30,000]

Maximum Premium -

Regular premium : Rs. [1,00,000] p.a.

Single premium: No Limit

Annualized Premiums shall be payable in multiple of Rs. 1,000 for other

than ECS monthly. For monthly (ECS), the premium shall be in multiples

of Rs. 250/-.

ECONOMIC SURVEY

ECONOMIC SURVEY

Average monthly expenditure per family per montAverage monthly expenditure per family per month

In 1920 Rs. 1/-

In 1940 Rs. 10/-

In 1960 Rs. 100/-

In 1980 Rs 1000/-

In 2000 Rs 10,000/-

In 2020 Rs. 100,000/-

In 2040 Rs 10,00,000/-

SAMRIDHI PLUS - Compare Allocation amount with other Insurer similar product

SAMRIDHI PLUS - Compare Allocation amount with other Insurer

Illustration Mode Yly; Premium 1 Lac; SA 10 Lac

(Compare Allocation amount with other Insurer similar product)


1st Yr Alctn Charge

6000

4th Yr Alctn Charge

4500

Policy Admn Charge

360

Total 4th Year

4917

Total 1st Year

6360

5th Yr Alctn Charge

4500

2nd Yr Alctn Charge

4500

Total 5th Year

4938

Total 2nd Year

4878

TOTAL IN 5 YRS

25990

3rd Yr Alctn Charge

4500

Total 5 Yr Premium

500000

Total 3rd Year

4897

Allocated Amount

474010


Insurer

Product

Allocation

SBI LIFE

Smart Performer

463900

BAJAJ ANZ

Max Advantage

463000

RELIANCE

Nav Advantage

469500

HDFC

SL..Crest

464445

ICICI PRU

Pinnacle II

465000

SAMRIDHI PLUS – Table NO. 804 ELIGIBILITY CONDITIONS

SAMRIDHI PLUS – Table NO. 804 ELIGIBILITY CONDITIONS

S u m A s s u r e d

Mode / Age

Below 45 years

45 years and above

Minimum

Regular

10 x AP

7 x AP

Single

1.25 x SP

1.10 x SP

Maximum

Regular

20 x AP

10 x AP

Single

Age up to 55 years

Age 56 to 65 years

5 x SP

1.25 x SP

SAMRIDHI PLUS Table no 804

(PLAN 804 OPENS FROM 25TH FEB,2011 FOR MAX 3 MONTHS ONLY)

  • Higher Return
  • Greater Safety
  • Easy Liquidity
  • Entry & Exit Tax Benefit
  • With Life Risk Cover
  • Cap on Allocation charges
  • Nil Surrender Charges after 5 yrs
  • Increase in Locking Period
  • Partial withdrawal
  • Minimum Guarantee Return
  • Lower Mortality Charges
  • Lower Accident Benefit Charges
  • ULIP where Assignment Permitted
  • Capital Guarantee
  • Affordable Premium Band than Other Insurer

Unique Features:-
  1. Guaranteed Highest NAV 100 Months or NAV applicable @ the end of the term, which ever is higher
  2. Instead of increasing mortality premium this plan offers level premium.
  3. Allocation Charge and other charges are extremely low.
  4. Partial withdrawal is allowed after 5 yrs twice in a policy year minimum amount of Rs.2000/-. Under Single Premium policies minimum balance of 25% is be maintained, In case of minors , partial withdrawals shall be allowed from life assured attains majority
  5. Lowest allocation charges among all plans available in the market of such types of plans.
  6. No exit Loads.
  7. As the premium increase the charges reduce.
  8. NIL Surrender charges after 5 years
  9. 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
  10. No increase or decrease in benefit
  11. It is a close-ended Guaranteed Returns Unit Linked Plan
  12. Available for eligible persons 8 to 65 years of age
  13. Fixed term of 10 years
  14. Maturity Age 18 to 75 yrs
  15. Option to pay single premium or regular premium for 5 years Yly, Hly, Qly & Mly (ECS only)
  16. Minimum Premium:Rs.30,000 for Single
  17. Rs.15,000 for Regular, Hly 8000/-
  18. Rs. Qly 4000/-ECS 1500/-
  19. Maximum Premium: For Regular Rs.100000/-
  20. For Single - No Limit (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/-).
Sum Assured shall be available in multiples of Rs.5, 000
  1. Death of the policy holder during the Policy Term when the cover is in full force:
  2. Sum Assured or the fund value which ever is more shall be payable to the nominee
  3. Maturity Benefit with Highest Guaranteed NAV
  4. At the end of the policy term, fund value based on the Highest NAV over the first 100 Months or the NAV applicable at the end of the policy term, whichever is higher is payable.
  5. Interest shall accrue from the date of discontinuance of the policy to the date of booking of liability Minimum Interest of 3.5% p.a. Payable for Discontinued Policies within 5 years
IT Benefits U/S 80 C & U/S 10.10.D of IT Act 1961*

ALLOCATION CHARGES-
  • SINGLE PREMIUM – 3.3%
  • REGULAR PREMIUM –1st YEAR 6% & SUBSEQUENT 4.5%

OTHER CHARGES
  1. Level Mortality Charge as per age at entry
  2. FMC @ 0.90% p.a.
  3. Policy Admin – @ Rs. 30 pm & with 3 % increase each year thereafter
  4. Guarantee Charge – 0.40 % of Fund value
  5. Miscellaneous Charge- Rs.50/-(For Alteration)
  6. Discontinuation Charges
  7. Service Charge 1.35% p.a
  8. In case the policyholder does not agree with the revision of charges the policyholder shall have the option to withdraw the Policyholder’s fund value.

SAMRIDHI PLUS – Table NO. 804 ELIGIBILITY CONDITIONS

S u m A s s u r e d

Mode / Age

Below 45 years

45 years and above

Minimum

Regular

10 x AP

7 x AP

Single

1.25 x SP

1.10 x SP

Maximum

Regular

20 x AP

10 x AP

Single

Age up to 55 years

Age 56 to 65 years

5 x SP

1.25 x SP


Illustration Mode Yly; Premium 1 Lac; SA 10 Lac

(Compare Allocation amount with other Insurer similar product)

1st Yr Alctn Charge

6000

4th Yr Alctn Charge

4500

Policy Admn Charge

360

Total 4th Year

4917

Total 1st Year

6360

5th Yr Alctn Charge

4500

2nd Yr Alctn Charge

4500

Total 5th Year

4938

Total 2nd Year

4878

TOTAL IN 5 YRS

25990

3rd Yr Alctn Charge

4500

Total 5 Yr Premium

500000

Total 3rd Year

4897

Allocated Amount

474010


Insurer

Product

Allocation

SBI LIFE

Smart Performer

463900

BAJAJ ANZ

Max Advantage

463000

RELIANCE

Nav Advantage

469500

HDFC

SL..Crest

464445

ICICI PRU

Pinnacle II

465000

The investment pattern will be as under

More than Capital Guarantee (Investment INR 1 Lac)

Fund Type

Govt. Securities

Short-term money market instruments

Listed Equity

Shares

Samridhi Plus Fund

0% to 100%

0% to 100%

0% to 100%

Fund Spread

60-70% [Rate of Return 8% PA Rs.70000/-

30-40%

INR 30000

10 Years

Rs.151124/-

Rs.120000

TOTAL

Rs.251124 [IRR 10.49%]

Profit Plus Agent Chart

Click on Image to ZOOMProfit Plus Agent Chart

New Bima Gold Agent Chart

Click on Image to ZOOMNew Bima Gold Agent Chart

Market Plus 1 Agent Chart

Click on Image to ZOOMMarket Plus 1 Agent Chart

Jeevan Tarang Table No 178 Agent Chart

Click on Image to ZOOMJeevan Tarang Table No 178 Agent Chart

Jeevan Pramukh Agent Chart

Click on Image for ZOOMJeevan Pramukh Agent Chart

Jeevan Niddhi Agent Chart

Click on Image to ZoomJeevan Niddhi Agent Chart

Jeevan Anurag Agent Chart

Click on Image for ZoomJeevan Anurag Agent Chart

Fortune Plus Agent chart

Click on Image for ZoomFortune Plus Agent chart

Child Future Plan 185

Click on Image for ZoomChild Future Plan 185

Child Career Plan 184

Click on the Image for ZoomChild Career Plan 184

TABLE NO 193: MONEY PLUS - I

TABLE NO 193: MONEY PLUS - I

A. Maturity Value:
N A V of Units payable
at end of term.
B. Death Benefit: (to nominee)
I) Sum assured under the Basic Plan OR the
Fund Value of units is payable. Whichever is more.
iij Up to age 12 years, before the commencement of risk,
onlv "und Value of units is oavable
(Up to age 10 Risk from age 7 or 2 years from DOC whichever is later
For age 10 & 11 after age 12 and for age 12: instant risk cover

C. OPTIONS
A Accident benefit' Available @ 0.50p per 1000 S A maxi Rs 50 lakhs
B. Critical Illness Rider: equal to S.A or 10 lakhs, whichever is less
C Settlement Option one month before maturity. The maturity benefit paid in instalments over 5 year's period. It will be
based on the current NAV as on date of payment. D. Life cover & Critical Illness charges will be based on the age nearer birthday of the Policyholder. The same
will be charged on the difference between SA and NAV , till such time the SA is greater than NAV.
D. Fund: The allocated premiums will be invested in any of the following fund selected by L.A.
1.Bond fund. 2. Secured fund 3. Balanced fund. 4. Growth fund.
Switch over from one fund to another fund is allowed FOUR times during the year free of charge.
E. Discontinuance Of premiums: Where at least 3 ,ears' premiums have been paid, the Life cover and Accident Benefit rider, if any, shall continue for two years from the due date first unpaid premium During this revival peno'd, the charges for Life Cover
and Accident Benefit cover wiii be taken by canceling an appropriate number of urns out of the policyholder's Unit Account every month
F. Surrender: There will be no Surrender charge, after completion of 3 years from Date of Commencement.
G. Partial withdrawals: The Policyholder can partiaiiy surrender the units. Partial Surrender may be in the form of fixed amount or in the form of fixed number of units, subject to mini. Balance of 2 annualized premiums where premiums for at least 3 years been paid.

TABLE NO 191: MARKET PLUS-I

TABLE NO 191: MARKET PLUS-I
A. Maturity Value: (On vesting)
Fund Value of Units will be compulsortiy converted into pension.
a. 1/3 Fund value can be commuted.
b. Choice of selecting any other insurance company to buy pension.
B. Death Benefit: before pension starts. (To nominee)
Natural death:
a. with life cover. Fund Value + S.A. of basic plan
b. without riafc mwm Fund value
c. Lapsed oomfHkm Fund Value as on date.
Nominee can take above in lump sum or in form of annuity or combination of both these for self.
C. OPTIONS
A. Life cover: Regular mode: 5 to 20 times of Premium and for Single Prem. = S.A. = S.P.
B. Accident benefit: Available @ 0.50p per 1000 S.A.
C. Critical Illness Rider: equal to S.A. or 10 lakhs which ever is less.
Life cover and Critical Illness Benefit charges, during a policy year, will be based on the age nearer birthday of the Policyholder, hence may increase every year on each policy anniversary.
D. Fund: The allocated premiums will be invested in any of the foBowing fund selected by L. A.
1. Bond fund. 2. income fund 3. Balanced fund. 4. Growth fund.
Switch over from one fund to another fund is allowed FOUR times during the year free of charge. Thereafter, charge of Rs.100/- per switch in that year.
E. Top up: The policyholder can also pay an additional premium, at any time, in multiple of Rs.1,000/-
F. For discontinued policy risk cover:. Available maximum for 2 years after payment of 3 years premiums by
cancelling the units for morality charges.
G. Increase/ decrease in benefits: the risk cover can be reduced but cannot be increase.

Child Career Plan with Profit Plan No 184 and 185

Benefits under plan 184
• 30% of Sum Assured + Bonus, 5 years before maturity
• 15% of Sum Assured every year thereafter for 5 years
• Alongwith last S.B. payment Final Additional Bonus is payable.
• Risk Cover for 7 yrs. after maturity.

Benefits under Plan 185
• 25% of Sum Assured 5 years before maturity
• 10% of Sum Assured every year thereafter for 4 years
• 50% of Sum Assured + Bonus + Final Additional Bonus.
• Risk Cover for 7 years after maturity.

Jeevan Tarang Table No. 178

Benefits:

  • Life long money back @ 5.5% of SA is payable every year on survival after
  • accumulation period which is as good as yearly pension without tax liability.
  • Full risk cover.
  • All riders allowed (Critical, Accident & Term Assurance Rider) during accumulation period.
  • Vested Bonus will be paid in one Lumpsum at the end of accumulation
  • period on survival till the end of accumulation period.
  • Loan facility available (*in addition to periodic money back).
  • SA+LA payable at age 100 or death (after accumulation period).
  • Attractive rebates for S.A. & Hly. /Yly. modes.
  • (12.50% for SA .5, lakhs 86 above in Single Premium)
  • Ideal investment for all-entrepreneurs, businessmen, professionals etc-
  • for their children to cater to their educational & all future needs.
  • Exemptions under Sec 80C & Section 10 (10D) of Income Tax Act.

Jeevan Saral Agent Chart

Click on Image to ZooomJeevan Saral Return chart Agent Chart

Jeevan Shree 1 Agent Chart

Click on Image to ZoomJeevan Shree 1 Agent Chart

Komal Jeevan Agent Chart

Click on Image to ZoomKomal Jeevan Agent Chart

Jeevan Anand Agent Chart

Click on image to zoomJeevan Anand Agent Chart

Jeevan Mitra Agent Chart

Click on Image to ZoomJeevan Mitra Agent Chart

Jeevan Surabhi 108-25 Agent Chart

Click on Image to ZoomJeevan Surabhi 108-25 Agent Chart

Jeevan Surabhi 107-20 Agent Chart

click on Image to ZoomJeevan Surabhi 107-20 Agent Chart

Jeevan Surabhi 107-20 Agent Chart

click on Image to ZoomJeevan Surabhi 107-20 Agent Chart

Jeevan Surabhi 106-12 Agent Chart

Click on Image to ZoomJeevan Surabhi 106-12 Agent Chart

Jeevan Chaya Agent Chart

Click on Image to ZoomJeevan Chaya Agent Chart

Jeevan Kishore Agent Chart

Click on Image to ZoomJeevan Kishore Agent Chart

Money Back 93-25 Agent Chart

Click on Image to ZoomMoney Back 93-25 Agent Chart

New Jana Raksha Agent Chart

Click on Image to ZoomNew Jana Raksha Agent Chart

Jeevan Sathi Agent Chart

Click on Image to ZoomJeevan Sathi Agent Chart

Jeevan Mitra Double Risk Cover Plan no 88

Click on Image to ZoomJeevan Mitra Double Risk Cover Plan

Money Back 75-20 Agent Chart for 2lacs SA

Click on Image to ZooomMoney Back 75-20 SA2lac

Money Back 75-20 Agent Chart

Click on Image to zoom
Money Back 75-20

Mini Jeevan Shree Agent Chart

Click image to zoom
Mini Jeevan Shree

Endowment Policy Agent Chart

Endowment Policy

Samridhi Plus an excellent plan for all ages

  • 8 to 12 years :Because Education is important.
  • 13 to 18 years :To get that head start in life.
  • 19 to 25 years :Save. It’s time to inculcate financial discipline.
  • 26 to 34 years :You have your loved ones to protect.
  • 35 to 45 years :This plan gets you the best of Stock Market Benefits through highest NAV.
  • 46 to 55 years : Because Samridhi Plus is designed for your prosperity.
  • 55 to 65 years :The best of Samridhi Plus is for you - Insurance Protection, Safety & Growth for your investments.

SAMRIDHI PLUS - SURRENDER VALUE

Withdrawal before 5 years:

Monetary Value is calculated on the date of termination.

The amount so calculated will earn minimum interest @ 3.5% p.a. from date of withdrawal to completion of 5 years and will be paid on completion of 5 years from the date of commencement.

Withdrawal after 5 years :

Fund Value is payable.

No discontinuance charges apply after 4 years from commencement.

SAMRIDHI PLUS - MATURITY BENEFIT

Highest NAV Fund Value Or Maturity Fund Value Whichever is higher.

Highest NAV Fund Value:

No. Of Units at Maturity x Highest NAV of 1st 100 months

Maturity Fund Value:

No. of Units at Maturity x NAV on the date of Maturity.

Higher of Highest NAV Fund Value and Maturity Fund Value will be payable at Maturity.

SAMRIDHI PLUS | Highest Net Asset Value (NAV) over the first 100 months of the Policy

SAMRIDHI PLUS (PlanNo-804)

A closed ended plan for sale from 25th Feb, 2011 and close ended product.

An UUP plan with a policy term of 10 Yrs that offers payment of Fund Value at the end of policy term based on: HIGHEST Net Asset Value (NAV) over the first 100 months of the Policy

01 The NAV as applicable at the end of the policy term, whichever is higher.

FEATURES:

  1. Minimum Entry Age : 8 years (Last Birthday).

  2. Maximum Entry Age : 65 Years (Nearest Birthday).

  3. Policy Term : 10 Years.

  4. Premium Paying Term : Single Premium OR 5 Years regular premium

  5. Minimum Single Premium : Rs.30,000/- Maximum: Unlimited.

  6. Minimum Regular Premium : Rs. 15,000/- Maximum: lLac per annum.

BENEFITS PAYABLE AT THE END OF POLICY TERM (Maturity Benefit)

An amount equal to the policy holder's fund based on the highest NAV over first 100 months of the policy term OR NAV as applicable at the end of the policy term, whichever is higher, shall be payable.

BENEFITS PAYABLE ON DEATH DURING THE TERM: Sum-Assured OR Policyholder's Fund Value which ever is higher shall be payable provided policy is in full force. In case of discontinued policies only fund value shall be payable.

USPs:

  1. Available at initial NAV of Rs. 10/-

  2. Available for a limited period of Maximum 3 months.

  3. NAV computed on daily bais.

  4. Risk premium charged only on difference of SA and Fund Value.

  5. No risk premium when Fund Value exceeds SA.

  6. Handsome risk cover (death benefit) upto maximum 20 times of annual premium.

  7. Partial Withdrawal facility available (After 5 year - twice in a year)

  8. Highest NAV is guaranteed even after partial withdrawal.

  9. Very low allocation and administrative charges. Low FMC/Guarantee charges.

  10. No surrender charge after 5 years.

  11. Available with Single premium and 5 years Premium payment term.

  12. Tax benefits available as per I.T. rules

  13. Flexibility in deciding Risk Cover.

  14. All modes of payment (Single, Yly, Hly, Qly, ECS(MLY) available.

Guarantee is applicable only to those policies which continue till maturity.

LICs SAMRIDHI PLUS (804) LIMITED PERIOD OFFER

LICs New Plan SAMRIDHI PLUS (table no. 804) LIMITED PERIOD OFFER

  1. HIGHEST NAV OF FIRST 100 MONTHS - GUARANTEED AT MATURITY
  2. SHORT PREMIUM PAYING TERM - 5 YRS (Yly /Hly/Qtly/Mly ECS )
  3. UNLIMITED INVESTMENT under SINGLE premium
  4. MINIMUM PREMIUM SGL-30000/- YLY 15000/- HLY 8000/- QLY 4000/- ECS 1500/-
  5. POLICY TERM 10 YRS
  6. FACE VALUERS 10/-
  7. INSURANCE PROTECTION
  8. LIQUIDITY- PARTIAL WITHDRAWALS
  9. ENTRY AGE 8 (Ibd ) TO 65 (nbd)
  10. NON MEDICAL UP TO AGE 60 YRS ( under SGL MODE Exclusive cond apply)
  11. LOCK IN PERIOD 5 YRS
  12. NO SV CHARGES AFTER 5 YRS
  13. ASSIGNMENT IS ALLOWED
  14. BEST TO BEAT INFLATION