LIC's Jeevan Vriddhi - 808 is a single premium non-linked insurance plan that offers guaranteed returns at maturity along with life insurance coverage. It has a policy term of 10 years and offers a maturity benefit equal to the guaranteed maturity sum assured plus any loyalty additions. The death benefit is equal to 5 times the single premium. The plan accepts a minimum premium of Rs. 30,000 and has no upper limit on the sum assured amount. It provides liquidity through policy loans and surrender benefits after one year.

2. LIC’s Jeevan Vriddhi – 808
Highlights
Excellent Guaranteed Returns at
Maturity
Ideal combination of Insurance and
Returns.
Life Cover – Five times the Premium.
Loyalty Addition, if any payable on
maturity
Easy Liquidity.

3. LIC’s Jeevan Vriddhi – 808
Features
Single Premium non-linked close ended
plan.
Maturity Benefit:
Guaranteed Maturity Sum Assured and
Loyalty Addition, if any.
Death Benefit:
Basic Sum Assured. *

4. LIC’s Jeevan Vriddhi – 808
Eligibility Conditions
Condition Description
Age at entry 8 years to 50 years
Policy Term 10 years
Premium Mode Single
Premium Minimum Rs.30000/-
onwards in multiples of
Rs.1000/-
Sum Assured 150000/- to No upper limit.
Others Service Tax at the prevailing rate
applicable on premium.

5. LIC’s Jeevan Vriddhi – 808
Benefits
Maturity Benefit Guaranteed Maturity Sum
Assured Plus Loyalty
Addition, if any.
Death Benefit * Basic Sum Assured (BSA)
BSA = 5 times single premium
excluding extra premium, if
any.
#Loyalty Addition Loyalty Addition, if any, shall
be payable at the rate as
declared by the Corporation.
Liquidity
Loan Facility Available after
completion of one year.

6. LIC’s Jeevan Vriddhi – 808
High Premium Rebate
Basic Premium Increase in Guaranteed Maturity
Sum Assured
Below Rs. 50,000 Nil
Rs. 50,000 to Rs. 99,000 1.25%
Rs. 100,000 and above 3.00%
Surrender of Policy
Surrender Value is available after expiry of one policy year.
Higher of Guaranteed Surrender Value (GSV) and Special
Surrender Value(SSV) is payable. The Special Surrender
Value will be the ‘Discounted Value’ of the Guaranteed
Maturity Sum Assured and will depend on the policy term and
the duration elapsed since commencement of the policy.
LIC’s Jeevan Vriddhi – 808

7. LIC’s Jeevan Vriddhi – 808
Benefit Illustration - I
Age 20 years
Policy Term 10 years
Mode Single
Premium 30000/-*
Death Benefit 150000
Maturity Benefit
Guaranteed Maturity Sum Assured
58665/-
Loyalty Addition also payable on maturity:
Assuming 6% p.a. return Nil
Assuming 10% p.a. return 7333/-
* Premium shown above is excluding Service Tax
LIC’s Jeevan Vriddhi – 808

8. LIC’s Jeevan Vriddhi – 808
Benefit Illustration - II
Age 35 years
Policy Term 10 years
Mode Single
Premium 100000/-*
Death Benefit 500000
Maturity Benefit
Guaranteed Maturity Sum Assured
197023/-
Loyalty Addition also payable on maturity:
Assuming 6% p.a. return Nil
Assuming 10% p.a. return 24628/-
* Premium shown above is excluding Service Tax
LIC’s Jeevan Vriddhi – 808

9. LICLICLICLIC’’’’S JEEVAN VRIDDHIS JEEVAN VRIDDHIS JEEVAN VRIDDHIS JEEVAN VRIDDHI
PLAN NO. 808PLAN NO. 808PLAN NO. 808PLAN NO. 808
REASONS TOREASONS TOREASONS TOREASONS TO INVESTINVESTINVESTINVEST……………………
Right Plan.Right Plan.Right Plan.Right Plan.
Right Time.Right Time.Right Time.Right Time.
Right Term.Right Term.Right Term.Right Term.
Right Return.Right Return.Right Return.Right Return.
Right Insurance.Right Insurance.Right Insurance.Right Insurance.
Right Person .Right Person .Right Person .Right Person .
Secure immediately. Plan commences from 1Secure immediately. Plan commences from 1Secure immediately. Plan commences from 1Secure immediately. Plan commences from 1stststst of March 2012of March 2012of March 2012of March 2012