LIC’s Jeevan Sugam Plan No.813

LIC’s Jeevan Sugam (Plan No.813 )
Available for limited period from 25th Feb.2013 for maximum 45 days (Closing on 10th April, 2013)

Jeevan Sugam Features

• Single Premium
• Guaranteed Maturity Sum Assured
• Loyalty Additions
• High Risk coverage for 10 years
• Risk coverage at very low premium

Maturity Benefit : Maturity Sum Assured along with Loyalty Additions

In case of Death of Life Assured

• On death during first 5 years: Basic SA (i.e.10 times of Single premium) excluding extra premium.
• On death after completion of 5 years: Basic SA (i.e. 10 times of Single premium) excluding extra premium with loyalty addition, if any.

Loan: YES. Loan facility is available under this plan on realisation of cheque. Maximum 60% of Surrender value Interest 10.5% p.a.

Surrender: YES. The policy can be surrendered for cash
First year : 70% of Single premium excluding Extra premium, if any.
Thereafter : 90% of the single premium excluding extra

ELIGIBILITY CONDITIONS AND RESTRICTIONS

• Min age at entry : 8 years (completed)
• Max age at entry : 45 yrs nearer birthday
• Policy Term : 10 years.
• Min Maturity SA : Rs. 60,000 /-
• Max Sum assured : No limit
• Premium Mode : Single
• Minimum Sum Assured will be in multiples of Rs.5,000 /- only.

Rebates: Large Sum Assured Rebate on tabular premium per thousand Maturity Sum Assured

What is great in this Jeevan Sugam Plan

1. Premiums are very low
2. Attractive Yield
3. Insurance and Double Plus
4. Tax free Maturity / Death Benefit
5. Loyalty Additions at Maturity
6. Loan facility
7. Surrender facility

Jeevan Sugam Plan no 183

CLOSED ENDED PLAN  JEEVAN SUGAM (PLAN NO 813) LAST DATE 31.03.2013 (SINGLE PREMIUM PRODUCT)
Min Age at Entry	8 years completed
Max Age at Entry	45 years (nearest birthday)
Min Maturity Sum Assured	Rs. 60000/-
Max Maturity Sum Assured	NO LIMIT
POLICY TERM	10 YEARS
MSA IN MULTIPLE OF	RS. 5000/-
Benefits
Maturity Benefit	Maturity S.A. (As per Colum Maturity SA) + Loyalty Addition.
Death Benefits	Death during first five policy years = BASIC S.A.Death after completion of five policy years= BASIC S.A.  +LOYALTY ADDITION
Rebates
Maturity S.A.	INCREASE IN MSA
Below Rs 1,50,000	NIL
Rs. 1,50,000 to Rs. 3,99,999	3.50%
Rs. 4,00,000 and above	4.50%

CHART OF JEEVAN SUGAM PLAN

NAME OF LIFE ASSURED			XYZ
TERM   10 YEARS | MATURITY SA 200000
AGE	SING. PREM. (INCLUDING SERVICE TAX)	BASIC SA AFTER DEATH	MATURITY SA
8	110162	1068600	207000
9	110492	1071800	207000
10	110873	1075500	207000
11	111337	1080000	207000
12	111791	1084400	207000
13	112203	1088400	207000
14	112543	1091700	207000
15	112853	1094700	207000
16	113131	1097400	207000
17	113389	1099900	207000
18	113615	1102100	207000
19	113822	1104100	207000
20	113997	1105800	207000
21	114141	1107200	207000
22	114265	1108400	207000
23	114378	1109500	207000
24	114492	1110600	207000
25	114615	1111800	207000
26	114770	1113300	207000
27	114966	1115200	207000
28	115224	1117700	207000
29	115564	1121000	207000
30	116007	1125300	207000
31	116584	1130900	207000
32	117327	1138100	207000
33	118203	1146600	207000
34	119203	1156300	207000
35	120368	1167600	207000
36	121718	1180700	207000
37	123285	1195900	207000
38	125120	1213700	207000
39	127254	1234400	207000
40	129759	1258700	207000
41	132677	1287000	207000
42	136099	1320200	207000
43	140223	1360200	207000
44	145233	1408800	207000
45	151316	1467800	207000