W E L C O M E WORLD OF GUARANTEED  HIGHEST NAV  CLOSE ENDED PLAN
WEALTH PLUS l LIC’s UIN 512L259V01 Launching on 09-02-2010 Table 801 Insurance-cum-Investment  plan
Free risk cover for 2yrs after maturity Guaranteed Highest NAV  One time payment or short term investment Want a plan that...
<ul><li>STOCK MARKET VOLATALITY ….. </li></ul><ul><li>INVESTORS PREFERENCE FOR  GUARANTEED RETURNS  </li></ul><ul><li>FALL...
<ul><li>EXPECTATIONS  FOR HIGH RETURNS   </li></ul><ul><li>FOCUS ON EASY LIQUIDITY </li></ul><ul><li>DEMAND FOR PACKAGE PR...
Attractions..... <ul><li>Attractive Guaranteed NAV based returns even if interest rates/sensex fall </li></ul><ul><li>One ...
<ul><li>ATTRACTIONS CONTD…… </li></ul><ul><li>No Surrender Charges </li></ul><ul><li>Lock-in period is 3 years only </li><...
The investment pattern will be as under: INVESTMENT  FUND  TYPE  Medium risk 0% to 100% 0% to 100% 0% to 100% Wealth Plus ...
<ul><li>On Maturity: </li></ul><ul><li>Fund value of units held as on that date . </li></ul><ul><li>BEFORE MATURITY : </li...
At the end of the policy term the payment of Policyholder’s Fund Value will be based on the highest Net Asset Value (NAV),...
<ul><li>  Minimum Sum Assured:   </li></ul><ul><li>                                              </li></ul><ul><li>3 years...
<ul><li>Minimum Premium:   </li></ul><ul><li>c) Rs. 20,000 p.a. for 3 years Premium Paying Term policies (other than month...
Premium paying term of 3 years – 5% 1st year  2% subsequent years. 40%   Bonus Commission   on the  1st year commission un...
ALL THE B E S T
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Wealth Plus(5)

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LIC'S WEALTH PLUS

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Wealth Plus(5)

  1. 1. W E L C O M E WORLD OF GUARANTEED HIGHEST NAV CLOSE ENDED PLAN
  2. 2. WEALTH PLUS l LIC’s UIN 512L259V01 Launching on 09-02-2010 Table 801 Insurance-cum-Investment plan
  3. 3. Free risk cover for 2yrs after maturity Guaranteed Highest NAV One time payment or short term investment Want a plan that provides all the following at the same time? Liquidity
  4. 4. <ul><li>STOCK MARKET VOLATALITY ….. </li></ul><ul><li>INVESTORS PREFERENCE FOR GUARANTEED RETURNS </li></ul><ul><li>FALLING INTEREST RATE REGIME CONTINUES…. </li></ul>Market Trends
  5. 5. <ul><li>EXPECTATIONS FOR HIGH RETURNS </li></ul><ul><li>FOCUS ON EASY LIQUIDITY </li></ul><ul><li>DEMAND FOR PACKAGE PRODUCTS OF HIGH RETURNS & INSURANCE </li></ul><ul><li>SECURED INVESTMENTS </li></ul><ul><li>INCREASE IN INDIAN AVERAGE EARNING CAPACITY </li></ul><ul><li>HIGH DISPOSABLE INCOME WITH NO AVENUES FOR PARKING </li></ul>Market Trends
  6. 6. Attractions..... <ul><li>Attractive Guaranteed NAV based returns even if interest rates/sensex fall </li></ul><ul><li>One time investment facility also available </li></ul><ul><li>Short term policy with flexibility of premium payment for 3 years </li></ul><ul><li>Brand LIC guarantees the HIGHEST Net Asset Value (NAV) over the first seven years of the policy </li></ul><ul><li>FREE life insurance cover for 2 years after maturity(S.A) </li></ul><ul><li>Close-ended plan available from 09-02-2010 for 3 months only </li></ul><ul><li>Tax benefit under Section 80 C and 10 (10) (D) </li></ul><ul><li>Death benefit is Sum Assured & Fund value like Market plus 1 ( no other plan has this benefit) </li></ul>
  7. 7. <ul><li>ATTRACTIONS CONTD…… </li></ul><ul><li>No Surrender Charges </li></ul><ul><li>Lock-in period is 3 years only </li></ul><ul><li>Partial withdrawals allowed after 3 years </li></ul><ul><li>Facility to pay premiums under Yearly/Half Yearly/Quarterly/Monthly ECS </li></ul><ul><li>Plan available for ages 10yrs to 65 yrs </li></ul><ul><li>Accident benefit rider available </li></ul><ul><li>All female categories are allowed. </li></ul><ul><li>NMS & NMG (professional) allowed </li></ul>
  8. 8. The investment pattern will be as under: INVESTMENT FUND TYPE Medium risk 0% to 100% 0% to 100% 0% to 100% Wealth Plus  Fund Details and objective of the fund for risk /return Investment in Listed Equity Shares Short-term investments such as money market instruments Investment in Government / Government Guaranteed Securities / Corporate Debt Fund Type
  9. 9. <ul><li>On Maturity: </li></ul><ul><li>Fund value of units held as on that date . </li></ul><ul><li>BEFORE MATURITY : </li></ul><ul><li>Partial withdrawal after 3yrs </li></ul><ul><li>On death: </li></ul><ul><li>Sum Assured under basic plan </li></ul><ul><li>+ Accident benefit S.A. if opted + </li></ul><ul><li>Fund Value ( of units held) like Market plus 1 ( no other plan has this benefit) </li></ul>Benefits
  10. 10. At the end of the policy term the payment of Policyholder’s Fund Value will be based on the highest Net Asset Value (NAV), over the first 7 years of the policy or the NAV as applicable at the end of the policy term, whichever is higher.  This guarantee will be applicable only for payment made at the end of the policy term irrespective of any partial withdrawals made during the policy term. The period of 7 years starts from the date of commencement of policy.   This Guaranteed NAV will not be applicable for the payment of death claim, surrender and partial withdrawals . GUARANTEED NAV
  11. 11. <ul><li>  Minimum Sum Assured:   </li></ul><ul><li>                                              </li></ul><ul><li>3 years Premium Paying Term policies : 5 times the annualized premium </li></ul><ul><li>Single Premium Policies : 1.25 times the single premium. </li></ul><ul><li>b)  Maximum Sum Assured:                     </li></ul><ul><li>3 years Premium Paying Term policies : </li></ul><ul><li>10 times the annualized premium if age at entry is upto 50 years </li></ul><ul><li>5 times the annualized premium if age at entry is 51 years and above </li></ul><ul><li>Single Premium Policies : </li></ul><ul><li>5 times the Single premium if age at entry is upto 40 years. </li></ul><ul><li>2.5 times the Single premium if age at entry is 41 to 50 years. </li></ul><ul><li>1.25 times the Single premium if age at entry is 51 years and above. </li></ul><ul><li>  </li></ul>CONDITIONS & FEATURES
  12. 12. <ul><li>Minimum Premium: </li></ul><ul><li>c) Rs. 20,000 p.a. for 3 years Premium Paying Term policies (other than monthly (ECS) mode). </li></ul><ul><li>Rs. 2,000 p.m. for monthly (ECS) mode </li></ul><ul><li>Rs. 40,000 for Single premium  </li></ul><ul><li>  </li></ul><ul><li>Both Single and Annualized Premiums : Multiple of Rs. 1,000 </li></ul><ul><li>For monthly (ECS): Multiples of Rs. 500/- </li></ul><ul><li>      </li></ul><ul><li>d)  Maximum Premium:                            No Limit   </li></ul><ul><li>e)  Premium Paying Term:                       {3} years or Single premium   </li></ul><ul><li>f)   Minimum Entry Age:                            10 years last birthday </li></ul><ul><li>g)  Maximum Entry Age:                           65 years nearest birthday </li></ul><ul><li>h)  Policy Term:                                        8 years </li></ul><ul><li>Extended Life Cover:                          2 years after completion of </li></ul><ul><li>policy term </li></ul>
  13. 13. Premium paying term of 3 years – 5% 1st year 2% subsequent years. 40% Bonus Commission on the 1st year commission under 3 years premium paying policies. Commission to Agents @ 2% of the Single Premium Commission
  14. 14. ALL THE B E S T

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