LIC's Jeevan Shagun Single Premium Plan 826 provides death benefits, survival benefits, and maturity benefits. On death within the first 5 years, 10 times the basic sum assured is payable, and after 5 years this amount plus any loyalty additions is payable. At the end of the 10th and 11th policy years, 15% and 20% of the maturity sum assured is payable as a survival benefit. At maturity, 65% of the maturity sum assured plus any loyalty additions is payable. Loyalty additions may be declared depending on LIC's experience. The plan is available for ages 8-45, with a minimum maturity sum assured of Rs. 60,000 and no maximum, over

1. LIC Jeevan Shagun Single Premium Plan No. 826

2. LIC’s Jeevan Shagun Single Premium Plan 826 -Benefits
Death Benefit:
On death during first five policy years:
Basic Sum assured i.e. 10 times the tabular single premium shall be payable.
On death after completion of five policy years:
Basic Sum assured i.e. 10 times the tabular single premium along with Loyalty Addition, if any, shall be
payable.
Survival Benefit:
On Life Assured surviving to the end of the specified durations, the following Survival benefit shall be
payable.
At the end of 10th policy year: 15% of the Maturity Sum Assured.
At the end of 11th policy year: 20% of the Maturity Sum Assured.
This scheme will be available for 90 days only from 01-09-2014.

3. LIC’s Jeevan Shagun Single Premium Plan 826– Benefits
Maturity Benefit:
On maturity, 65% of the Maturity Sum Assured along with Loyalty Addition, if any, shall be payable.
Loyalty Addition:
Depending upon the Corporation’s experience, a policy shall participate in the profits in the form of
Loyalty Addition. The Loyalty Addition, if any, shall be payable on death or surrender, provided the policy
has run for at least five policy years, or on policyholder surviving to the maturity, at such rate and on such
terms as may be declared by the Corporation.
ELIGIBILITY CONDITIONS AND OTHER RESTRICTIONS:
Minimum Entry Age : 8 years (completed)
Maximum Entry Age : 45 years (nearest birthday)
Minimum/Maximum Basic Sum Assured : 10 times of tabular single premium paid
Minimum Maturity Sum Assured : Rs. 60,000/-
Maximum Maturity Sum Assured : No Limit
Maturity Sum Assured shall be available in multiples of Rs. 5,000/-.
Policy Term : 12 years
Premium payment mode : Single premium only
This scheme will be available for 90 days only from 01-09-2014.