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SlNGLE PREMIUM
ENDOWMENT PLAN

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"-'-"-‘ : :': ':TJfil. !' 5l'i; -+3 l'*J. ="IIII'II EIIIlI]I. |."'-...
_ M

  

a v happy
and prosperous new year
Introducing

SlNGLE PREMIUM

UlNI 5‘l2N2B3V01 PLAN No. : 817

Wfake your move t...
Features
LIC's SINGLE PREMIUM ENDOWMENT PLAN (UIN:  512N283V01)

LIC's Single Premium Endowment Plan is a participating no...
Bcnclits

Death Benefit: 

a) On death during the policy term before the date of commencement of risk:  Return of
single p...
Bcncfit Illustration

Statutory warning: 

“Some benefits are guaranteed and some benefits are variable with returns based on...
Benefit Illustration
1." ‘l smimvoi

 

'. ':Jn: :'v:  :—: L-rsno 1 Gross rr. v.~: :v~ri n: !ur:  “lit p 3

'-‘aria: -V:  ...
Notes . -

1. This illustration is applicable to a non-smoker malefemale standard / from medical,  life
style and occupati...
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LIC's Delhi Single Premium Endowment Plan Table 817 Details Benefits Bonus Calculator Review Example

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LIC's Delhi Single Premium Endowment Plan Table 817 Details Benefits Bonus Calculator Review Example

  1. 1. a SlNGLE PREMIUM ENDOWMENT PLAN Llllli 5l A T A llll "-'-"-‘ : :': ':TJfil. !' 5l'i; -+3 l'*J. ="IIII'II EIIIlI]I. |."'-'il! .' ¢': =r‘-
  2. 2. _ M a v happy and prosperous new year Introducing SlNGLE PREMIUM UlNI 5‘l2N2B3V01 PLAN No. : 817 Wfake your move today for your winning moves of tomorrow Eligibility: 90 days to 65 years of age Minimum Sum Assured - ? 50,000 Policy Term : 10 - 25 years Loan facility available = =i'iTefi2IGi‘ta= ril‘t= =i'rfi'i'ri11 LIFE INSURANCE CORPORATION OF INDIA insurance is the subiect ma solicitation For more details on risk factors msamwndmo izaian€Ifia$i: i2iiu, a’tfB»’d5i§ttai3‘ta1?i ns please ea sales brochure carefully before concluding a sale. LIC/ Paramin/13-14/14/ENG
  3. 3. Features LIC's SINGLE PREMIUM ENDOWMENT PLAN (UIN: 512N283V01) LIC's Single Premium Endowment Plan is a participating non-linked savings cum protection plan, where premium is paid in lump sum at the outset of the policy. This combination provides financial protection against death during the policy term with the provision of payment of lumpsum at the end of the selected policy term in case of his/ her survival. This plan also takes care of liquidity needs through its loan facility.
  4. 4. Bcnclits Death Benefit: a) On death during the policy term before the date of commencement of risk: Return of single premium excluding service tax and extra premium, if any, without interest. b) On death during the policy term after the date of commencement of risl-: : Sum Assured along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any. Maturity Benefit: Sum Assured, along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable. Participation in profits: The policy shall participate in profits of the Corporation and shall be entitled to receive Simple Reversionary Bonuses declared as per the experience of the Corporation. Final (Additional) Bonus may also be declared under the policy in the year when the policy results into a claim either by death or maturity on such terms and conditions as may be declared by the Corporation from time to time.
  5. 5. Bcncfit Illustration Statutory warning: “Some benefits are guaranteed and some benefits are variable with returns based on the future performance of the corporation. If your policy oflers guaranteed returns then these will be clearly marked "guaranteed " in the illustration table on this page. If your policy offers variable returns then the illustrations on this page will show two different rates of assumed future investment returns. These assumed rates of return are not guaranteed and they are not the upper or lower limits of what you might get back, as the value of your policy is dependent on a number of factors including future investment performance. ’” LIC ’s Single Premium Endowment Plan
  6. 6. Benefit Illustration 1." ‘l smimvoi '. ':Jn: :'v: :—: L-rsno 1 Gross rr. v.~: :v~ri n: !ur: “lit p 3 '-‘aria: -V: s: ero'io 2 Gross 3'1-V. ‘S"Y‘! .‘fi return £5 it p a W, W, M "‘I‘°‘£'1£‘.3.V2§. '.9.9'; §3('. €*.15.€'.3.§€'. ‘9l_’. '? m"' Emcdm: p. «1-xmaa Gwmm Surrerx1erva'. v:-alt-: -nos; '‘‘‘‘‘‘°“‘''' ‘'8; viéce-nar-31 1 225:5 . __socr. -3 2 2‘-.545 ' em: -3 3 21s. :~: ~ . , _ socc-J 4 2:‘-S-:5 5 _, 2:~. s~5 c 23.55 7 B 9 so 11 12 __ _. __22:= .=: -3_. _ i3 24703 1.- I5 ___ is __ 17 IF‘. __ :9 20 21 __ 22.545 2; __ 235:5 2: 22.545 2: 225:5 25 2:545 " ' 529:0 ' The pm! xn -, .hca. n . :)0vr is exr, L~~. :.e oi i. i< and erse orerr gm 1 . '-.1-, " S-Ov. '~2'4r7 Sun~'k. ':.4 nut; he/ .:. v.-. v:v tr [, ‘.'. ',m. ',"'t. ‘ l a P; matr l. i‘. w.i: '» to ''‘v. ‘ P; ' : ‘,hc'-. ‘:. +
  7. 7. Notes . - 1. This illustration is applicable to a non-smoker malefemale standard / from medical, life style and occupation point of view) life. The non-guaranteed benefits fl} and /24/ in above illustration are calculated so that they are consistent with the Projected Investment Rate of Return assumption of 4% p. a. / Scenario II and 896 p. a. / Scenario 2} respectively. In other words, in preparing this benefit illustration, it is assumed that the Projected Investment Rate of Return that LICI will be able to earn throughout the term of the policy will be 4.06 p. a. or 8.06 p. a., as the case may be. The Projected Investment Rate of Return is not guaranteed. The main objective of the illustration is that the client is able to appreciate the features of the product and the flow of benefits in different circumstances with some level of quantification. ‘IJ D) SECTION 45 OF II'SI'RA_'CE ACT, 1938: No policy of life insurance shall after the expiry of two years from the date on which it was effected, be called in question by an insurer on the ground that a statement made in the proposal for insurance or in any report of a medical ofiicer, or referee, or fiiend of the insmed, or in any other document leading to the issue of the policy, was inaccurate or false, unless the insurer shows that such statement was on a material matter or suppressed facts which it was material to disclose and that it was fi'auclule. ntly made by the policyholder and that the policyholder knew at the time of making it that the statement was false or that it suppressed facts which it was material to disclose.

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