7/27/2019 LIC New Jeevan Nidhi - Plan 812 Call Ur LIC Agent Anandaraman +919843146519 for Privileged Service
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LICS NEWLICS NEWLICS NEWLICS NEWJEEVAN NIDHIJEEVAN NIDHIJEEVAN NIDHIJEEVAN NIDHI
PLAN NO. 812PLAN NO. 812PLAN NO. 812PLAN NO. 812
7/27/2019 LIC New Jeevan Nidhi - Plan 812 Call Ur LIC Agent Anandaraman +919843146519 for Privileged Service
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LICS NEW JEEVAN NIDHI -
HIGHLIGHTS
Life Protection ~
Insurance Cover upto Date of Vesting
Pension ~
p on o purc ase an mme a e nnu y or
To purchase New Single Premium Deferred Pension Plan
Guaranteed Additions ~
For the first 5 years @ Rs.50 Basic Sum Assured
7/27/2019 LIC New Jeevan Nidhi - Plan 812 Call Ur LIC Agent Anandaraman +919843146519 for Privileged Service
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LICS NEW JEEVAN NIDHI - HIGHLIGHTS
Participation in Profits ~
After 6th policy year, benefit of Vested Bonus and
Final Additional Bonus (if any).
Flexibility~
Premium Payment Frequency-SinglePremium,
Yearly,Half-yearly,Quarterly,Monthly(ECS/SSS)
Customisation
Option for Accident Benefit Rider under Regular
Premium Policies only.
7/27/2019 LIC New Jeevan Nidhi - Plan 812 Call Ur LIC Agent Anandaraman +919843146519 for Privileged Service
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DescriptionDescriptionDescriptionDescription MinimumMinimumMinimumMinimum MaximumMaximumMaximumMaximum
Age at EntryAge at EntryAge at EntryAge at Entry 20 years20 years20 years20 years 60 years60 years60 years60 years
Age at VestingAge at VestingAge at VestingAge at Vesting 55 years55 years55 years55 years 65 years65 years65 years65 years
LICS NEW JEEVAN NIDHI- ELIGIBILITY CONDITIONS
Sum AssuredSum AssuredSum AssuredSum Assured
Single PremiumSingle PremiumSingle PremiumSingle Premium
Rs.150000/Rs.150000/Rs.150000/Rs.150000/----No LimitNo LimitNo LimitNo Limit
Regular PremiumRegular PremiumRegular PremiumRegular Premium
Rs.100000/Rs.100000/Rs.100000/Rs.100000/----The Sum Assured under Basic Plan shall be inThe Sum Assured under Basic Plan shall be inThe Sum Assured under Basic Plan shall be inThe Sum Assured under Basic Plan shall be in
multiples of Rs.5000/multiples of Rs.5000/multiples of Rs.5000/multiples of Rs.5000/----
Premium ModePremium ModePremium ModePremium ModeSingle Premium, Yearly, HalfSingle Premium, Yearly, HalfSingle Premium, Yearly, HalfSingle Premium, Yearly, Half----yearly, Quarterly,yearly, Quarterly,yearly, Quarterly,yearly, Quarterly,
Monthly [Monthly [Monthly [Monthly [ECS orECS orECS orECS or SSS]SSS]SSS]SSS]
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LICS NEW JEEVAN NIDHI - BENEFITS
Benefit on VestingBenefit on VestingBenefit on VestingBenefit on Vesting
Basic Sum AssuredBasic Sum AssuredBasic Sum AssuredBasic Sum Assured
++++Accrued Guaranteed AdditionsAccrued Guaranteed AdditionsAccrued Guaranteed AdditionsAccrued Guaranteed Additions
++++
Commute as per Income TaxCommute as per Income TaxCommute as per Income TaxCommute as per Income Tax
rules and purchase Immediaterules and purchase Immediaterules and purchase Immediaterules and purchase Immediate
Annuity with the balance amount at theAnnuity with the balance amount at theAnnuity with the balance amount at theAnnuity with the balance amount at the
then prevailing Immediate annuity ratethen prevailing Immediate annuity ratethen prevailing Immediate annuity ratethen prevailing Immediate annuity rate
Purchase a new Single PremiumPurchase a new Single PremiumPurchase a new Single PremiumPurchase a new Single Premiumdeferred pension product from LICdeferred pension product from LICdeferred pension product from LICdeferred pension product from LIC
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LICS NEW JEEVAN NIDHI ---- BENEFITS
Death BenefitDeath BenefitDeath BenefitDeath Benefit
First 5First 5First 5First 5
policy yearspolicy yearspolicy yearspolicy years
Basic Sum AssuredBasic Sum AssuredBasic Sum AssuredBasic Sum Assured
++++Accrued Guaranteed AdditionsAccrued Guaranteed AdditionsAccrued Guaranteed AdditionsAccrued Guaranteed Additions
Basic Sum AssuredBasic Sum AssuredBasic Sum AssuredBasic Sum Assured
++++
6666ththththyearyearyearyear
onwardsonwardsonwardsonwards
Accrued Guaranteed AdditionsAccrued Guaranteed AdditionsAccrued Guaranteed AdditionsAccrued Guaranteed Additions
++++Vested Bonuses & Final AdditionalVested Bonuses & Final AdditionalVested Bonuses & Final AdditionalVested Bonuses & Final Additional
Bonus (if anyBonus (if anyBonus (if anyBonus (if any))))
The Benefit shall be paid to the nominee as lump sum ORThe Benefit shall be paid to the nominee as lump sum ORThe Benefit shall be paid to the nominee as lump sum ORThe Benefit shall be paid to the nominee as lump sum OR
In the form of Annuity ORIn the form of Annuity ORIn the form of Annuity ORIn the form of Annuity OR
Partly in lump sum and balance in the form of Annuity at the then prevailingPartly in lump sum and balance in the form of Annuity at the then prevailingPartly in lump sum and balance in the form of Annuity at the then prevailingPartly in lump sum and balance in the form of Annuity at the then prevailing
Immediate annuity ratesImmediate annuity ratesImmediate annuity ratesImmediate annuity rates
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LICS NEW JEEVAN NIDHI - PROFITS
Guaranteed AdditionsGuaranteed AdditionsGuaranteed AdditionsGuaranteed Additions
Payable for the first fivefivefivefive years @ Rs.50/- per thousand Basic Sum
Assured for each completed year.
Partici ation in rofitsPartici ation in rofitsPartici ation in rofitsPartici ation in rofits
Simple Reversionary BonusSimple Reversionary BonusSimple Reversionary BonusSimple Reversionary Bonus shall be added from the 6th policy year
onwards till the end of the deferment period and at such rates as
may be declared by the Corporation.
Final Additional BonusFinal Additional BonusFinal Additional BonusFinal Additional Bonus shall be payable either on vesting or on
earlier death at the rates declared by the Corporation.
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EventEventEventEvent BenefitsBenefitsBenefitsBenefits
Death due to AccidentDeath due to AccidentDeath due to AccidentDeath due to Accident
Accident Benefit Sum Assured will be payable as
lump sum along with the death benefit under the
Basic plan.
Disability due toDisability due toDisability due toDisability due to
AccidenAccidentAccidenAccident
All Future Premiums are waived and
An amount equal to the Accident Benefit Sum
Assured will be paid in monthly installments spread
LICS NEW JEEVAN NIDHI ACCIDENT BENEFIT RIDER
over 10 years.
DescriptionDescriptionDescriptionDescription MinimumMinimumMinimumMinimum MaximumMaximumMaximumMaximum
Age at EntryAge at EntryAge at EntryAge at Entry 20 years 60 years
Sum AssuredSum AssuredSum AssuredSum Assured Rs. 25000/- Rs.50 lakh overall limit considering the Accident
Benefit Sum Assured in respect of all
existing/proposed individual life insurance and
group policies
TermTermTermTerm Same as Basic Plan
Eligibility Condition for Accident Benefit RiderEligibility Condition for Accident Benefit RiderEligibility Condition for Accident Benefit RiderEligibility Condition for Accident Benefit Rider
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LICS NEW JEEVAN NIDHI- OTHER FEATURES
BackBackBackBack datingdatingdatingdating Allowed within same Financial year.
RevivalRevivalRevivalRevival ----A policy may be revived within a period of 5 years from thedate of First Unpaid premium and before the date of vesting by
payment of Arrears of premium plus Interest and subject to
continued insurability.
SurrenderSurrenderSurrenderSurrender----The policy can be surrendered at any time on payment ofat least 3 years premiums and after completion of at least 3 policy
years but before the date on which annuity vests. The Surrender
Value payable shall be the higher of Guaranteed Surrendered Value
and Special Surrender Value. The Surrender proceeds shall be
utilized to purchase an immediate annuity product or a new Single
Premium deferred pension product from LIC.
Claims ConcessionClaims ConcessionClaims ConcessionClaims Concession - Allowed
7/27/2019 LIC New Jeevan Nidhi - Plan 812 Call Ur LIC Agent Anandaraman +919843146519 for Privileged Service
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Description Single Premium Regular Premium
Age 35 years 35 years
Policy Term 25 years 25 years
Premium (exclusive of
service tax)Rs. 78,667 Rs. 4,121
LICS NEW JEEVAN NIDHI - BENEFIT
ILLUSTRATION
Mode Single Yearly
Sum Assured 1,50,000 1,00,000
Vesting Age 60 Years 60 Years
Guaranteed Vested
Benefit1,87,500 1,25,000
Assuming Investment
Return at 8 %3,50,250 2,33,500
7/27/2019 LIC New Jeevan Nidhi - Plan 812 Call Ur LIC Agent Anandaraman +919843146519 for Privileged Service
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Jeevan Nidhi meets all your needs across the time horizon-
Life cover now and Pension afterwards!
Life Insurance cover till the date of vesting-
WHY-LICS NEW JEEVAN NIDHI !!!
For the well-being of your loved ones!
And Annuity/Pension after vesting-
For your well-being in later years!!!