This document provides information about new and old money back life insurance plans offered by LIC. Some key details: - The new plan 821 offers higher minimum sum assured amounts and increased rebates for higher sum assured amounts. The guaranteed surrender value definition has also changed. - Premiums, benefits, and yields are shown for both plans for various ages and policy terms. The new plan generally has higher maturity benefits. - Other features of the new plan include a changed death benefit calculation, increased surrender values, more generous loan availability, and removal of foreclosure actions. - Service tax is payable in addition to premium amounts listed. Agents are provided training on the new plans to communicate the changes and

1. 300 & 340
AVAILABLE
20%+BC.40%FYC, 2&3>7.5% &
& FROM 4TH YR 5%
NEW MONEY BACK PLAN 820-20(15)
ACCIDENTAL TOTAL PRM WITHOUT( ST ) 30.09%
44
45
46
47
802500
822000
841500
861000
1302500
1322000
1341500
1361000
31898
31898
31898
31898
22042
22042
22042
22042
9856
9856
9856
9856
RISK
RISK
WITH(ST)
PREMIUM
TAX BENEFIT
30
644500
500000
39029
37859
11698
31
664000
500000
38444
37859
11698
32
683500
500000
38444
37859
11698
33
703000
500000
38444
37859
11698
34
722500
500000
38444
37859
11698
35
742000
500000
38444
37859
11698
36
761500
500000
38444
37859
11698
37
781000
500000
38444
37859
11698
38
800500
500000
38444
37859
11698
39
820000
500000
38444
37859
11698
40
839500
500000
38444
37859
11698
41
859000
500000
38444
37859
11698
42
878500
500000
38444
37859
11698
43
898000
500000
38444
37859
11698
44
927500
500000
38444
37859
11698
45
947000
0
0
0
0
0
966500
0
0
0
0
0
986000
0
0
0
0
0 1005500
0
0
0
0
0 1035000
0
0
0
0
0
0
0
0
0
0
TOTAL>>>>
RS.577248
RS.567885
RS.175470
TOTAL MATURITY>RS.910000/- YIELD ON INVESTMENT>
COMPARE NEW WITH OLD PLAN
OLD MONEY BACK PLAN 75-20
AGE LIFE
ACCIDENTAL TOTAL
NET
30.09%
RISK
BENEFIT
PREMIUM PREMIUM
TAX BENEFIT
30
519500
1019500
31898
22042
9856
31
539000
1039000
31898
22042
9856
32
558500
1058500
31898
22042
9856
33
578000
1078000
31898
22042
9856
34
597500
1097500
31898
22042
9856
35
617000
1117000
31898
22042
9856
36
636500
1136500
31898
22042
9856
37
656000
1156000
31898
22042
9856
38
675500
1175500
31898
22042
9856
39
695000
1169500
31898
22042
9856
40
714500
1214500
31898
22042
9856
41
734000
1234000
31898
22042
9856
42
753500
1253500
31898
22042
9856
43
773000
1273000
31898
22042
9856
AGE LIFE
0
100000
0
0
0
0
0
0
0
100000
0
0
0
0
100000
0
0
0
RETURN
FROM LIC
0
0
0
0
0
100000
0
0
0
0
100000
0
0
0
0
100000
0
0
0
0
610000
RS.910000
9.44%
FROM LIC
RETURN
RS.300/STD,NSAP I,II,III
CAT. I.II.III
ALLOWED
90% OF SV OF INFORCE POL.
80% OF PAID UP POL.
NO ACTION WILL BE TAKEN
AVAILABLE AFTER 3YRS
AVAILABLE AFTER 3YRS
WITHIN 2 YRS
15% OF BSA PAYABLE ON
5TH/10TH/15TH & 20TH YR
40% OF BSA+ SRB+FAB
125% OF BSA OR 10 TIMES
OF ANNULISED PRM.
300 & 340
AVAILABLE
20%+BC.40%FYC, 2&3>7.5%
& FROM 4TH YR 5%
10%
1ST YR 3.09% &
SUBSEQUENT 1.545%
PREMIUM 80 C
MATURITY/DEATH CLAIM 10(10)D
1LAK TO 1.95> NIL
2LAKS TO 4.95=2% OF BSA
5LAKS ABOVE = 3% OF BSA
ALL MODES
YLY=2%,HLY=1%,QLY=NIL
YES MAX. 50LAKS
YES
N/A
NOT AVAILABLE
YES
YES
YES
80% REFUND OF PRM.
FROM DATE OF ACCEPTANCE
13 YRS LBD
45 YRS ANB
70 YRS ANB
25YRS
25YRS FIXED TERM
20YRS
100000
NO LIMIT
5000
ONLY FOR PRIVATE CIRCULATION
ILLUSTRATION FOR AGE 30 YRS/ S.A. FOR 5LAKS/ TERM 25 YRS
INCOME TAX BENEFIT U/S
CEIS REBATE
SERVICE TAX
PROPOSAL FORMS
COOLING OFF
AGENTS COMMISSION
FORECLOSURE
SSV
GSV
REVIVAL
SURVIVAL BENEFITS
AVAILABLE
MATURITY S.A.
DEATH BENEFIT
MIN.PRM
AGE PROOFS
FEMALE CAT.
NMG/NMS
LOAN
MODE OF PAYMENT
MODE REBATE
DAB/EPDB
TERM RIDER
PWB
CIR
DATING BACK
NOMINATION
ASSIGNMENT
SUICIDE WITHIN 1YR
RISK COMMENCES
MIN.AGE
MAX,AGE
MAX,MAT.AGE
MIN.POLICY TERM
MAX.POLICY TERM
PRM.PAY.TERM
MIN.S.A.
MAX.S.A.
MULTIPLE S.A.
REBATE FOR S.A
PLANS>>>>>>>>>>>>> 821 NEW
SALIENT FEATURE
MONEY BACK
6,47,000
6,69,000
6,91,000
7,13,000
7,35,000
7,57,000
7,79,000
8,01,000
8,23,000
8,45,000
8,67,000
8,89,000
9,11,000
9,33,000
9,65,000
9,87,000
10,09,000
10,31,000
10,53,000
10,85,000
11,07,000
11,29,000
11,51,000
11,73,000
12,87,500
0
NEW MONEY BACK PLAN 821- 25 (20)
RISK
500000
500000
500000
500000
500000
500000
500000
500000
500000
500000
500000
500000
500000
500000
500000
500000
500000
500000
500000
500000
0
0
0
0
0
0
30,087
29,636
29,636
29,636
29,636
29,636
29,636
29,636
29,636
29,636
29,636
29,636
29,636
29,636
29,636
29,636
29,636
29,636
29,636
29,636
0
0
0
0
0
0
WITH(ST)
29,185
29,185
29,185
29,185
29,185
29,185
29,185
29,185
29,185
29,185
29,185
29,185
29,185
29,185
29,185
29,185
29,185
29,185
29,185
29,185
0
0
0
0
0
0
PREMIUM
RETURN
TAX BENEFIT FROM LIC
0
9018
0
9018
0
9018
0
9018
0
9018
75000
9018
0
9018
0
9018
0
9018
0
9018
75000
9018
0
9018
0
9018
0
9018
0
9018
75000
9018
0
9018
0
9018
0
9018
0
9018
75000
0
0
0
0
0
862500
0
RS.180360 RS.1162500
9.45%
ACCIDENTAL TOTAL PRM WITHOUT( ST ) 30.09%
12,87,500
0
54
55
0
0
0
RS.583700
RS.593168
0
0
0
862500
RS.180360 RS.1162500
0
0
RS.593168
RS.583700
TOTAL MATURITY> R
RS.1162500/- YIELD ON INVESTMENT
COMPARE NEW WITH OLD PLAN
OLD MONEY BACK PLAN 93-25
AGE LIFE
ACCIDENTAL TOTAL PRM WITHOUT( ST ) 30.09%
RETURN
RISK
RISK
WITH(ST)
PREMIUM
TAX BENEFIT FROM LIC
30
6,47,000
30,087
29,185
500000
0
9018
31
6,69,000
29,636
29,185
9018
500000
0
32
6,91,000
29,636
29,185
500000
0
9018
33
7,13,000
29,636
29,185
9018
500000
0
34
7,35,000
29,636
29,185
500000
0
9018
35
7,57,000
29,636
29,185
9018
500000
75000
36
7,79,000
29,636
29,185
9018
500000
0
37
8,01,000
29,636
29,185
9018
500000
0
38
8,23,000
29,636
29,185
9018
500000
0
39
8,45,000
29,636
29,185
9018
500000
0
40
8,67,000
29,636
29,185
9018
500000
75000
500000
0
41
8,89,000
29,636
29,185
9018
42
9,11,000
29,636
29,185
9018
500000
0
43
9,33,000
29,636
29,185
500000
0
9018
500000
0
44
9,65,000
29,636
29,185
9018
45
9,87,000
29,636
29,185
9018
500000
75000
46
10,09,000
29,636
29,185
500000
0
9018
47
10,31,000
29,636
29,185
500000
0
9018
48
10,53,000
29,636
29,185
500000
0
9018
500000
0
49
10,85,000
29,636
29,185
9018
50
11,07,000
0
0
0
75000
0
51
11,29,000
0
0
0
0
52
11,51,000
0
0
0
0
53
11,73,000
0
0
0
0
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
RISK
AGE LIFE
10%
48
880500
1380500
31898
22042
9856
0
1ST YR 3.09% & SUBSEOUENT 1.545%
49
910000
1410000
31898
22042
9856
0
PREMIUM 80 C
50
0
0
0
0
0
610000
MATURITY/DEATH CLAIM 10(10)D
TOTAL>>>> RS.637960
RS.440840 RS.197120 RS.910000
ILLUSTRATION FOR AGE 30 YRS/ S.A. FOR 5LAKS/ TERM 20 YRS
TOTAL MATURITY>RS.910000/- YIELD ON INVESTMENT>
10.68%
AGENTS TRAINING MATERIAL PREPARED BY.P.T.PATIL DO LIC HUBLI III
ONLY FOR PRIVATE CIRCULATION
CEIS REBATE
SERVICE TAX
INCOME TAX BENEFIT U/S
PROPOSAL FORMS
COOLING OFF
AGENTS COMMISSION
RS.300/STD,NSAP I,II,III
CAT. I.II.III
ALLOWED
90% OF SV OF INFORCE POL.
80% OF PAID UP POL.
FORECLOSURE
NO ACTION WILL BE TAKEN
SSV
AVAILABLE AFTER 3YRS
GSV
AVAILABLE AFTER 3YRS
REVIVAL
WITHIN 2 YRS
SURVIVAL BENEFITS
20% OF BSA PAYABLE ON
AVAILABLE 5TH/10TH/15TH YR
MATURITY S.A.
40% OF BSA+ SRB+FAB
DEATH BENEFIT
125% OF BSA OR 10 TIMES
OF ANNULISED PRM.
MIN.PRM
AGE PROOFS
FEMALE CAT.
NMG/NMS
LOAN
MODE OF PAYMENT
MODE REBATE
DAB/EPDB
TERM RIDER
PWB
CIR
DATING BACK
NOMINATION
ASSIGNMENT
SUICIDE WITHIN 1YR
RISK COMMENCES
13 YRS LBD
50 YRS ANB
70 YRS ANB
20YRS
20 YRS FIXED TERM
15YRS
100000
NO LIMIT
5000
MIN.AGE
MAX,AGE
MAX,MAT.AGE
MIN.POLICY TERM
MAX.POLICY TERM
PRM.PAY.TERM
MIN.S.A.
MAX.S.A.
MULTIPLE S.A.
REBATE FOR S.A
1LAK TO 1.95> NIL
2LAKS TO 4.95=2% OF BSA
5LAKS ABOVE = 3% OF BSA
ALL MODES
YLY=2%,HLY=1%,QLY=NIL
YES MAX. 50LAKS
YES
N/A
NOT AVAILABLE
YES
YES
YES
80% REFUND OF PRM.
FROM DATE OF ACCEPTANCE
820 NEW
MONEY BACK
PLANS>>>>>>>>>>>
SALIENT FEATURE
MINIMIUM BASIC SUM ASSURED INCREASED
REBATE FOR HIGHER SUM ASSURED INCREASED
GUARANTEED SURRENDER VALUE DEFINITION CHANGE
SERVICE TAX PAYABLE EXTRA
*
*
*
*
*
AGENTS TRAINING MATERIAL PREPARED BY P.T.PATIL DO LIC HUBLI III
MOBILE:9448133179 E-MAIL:ptpatil179@gmail.com
PLAN TODAY FOR BETTER TOMORROW
SERVICE TAX PAYABLE EXTRA
DON'T LURED BY LOWER PREMIUM CHECK THE CO'S CLAIM RATIO WILL
TELL WHICH COMPANY IS RELIABLE OUR PRODUCT OBSERVATION'S ARE>
*
SUM ASSURED ON DEATH CONCEPT CHANGE
*
SURRENDER VALUE HAS BEEN INCREASED
*
LOAN AVAILABILITY WILL BE MORE
*
REDUCTION IN REBATE FOR MODE OF PAYMENT
*
REDUCTION IN PREMIUM TERM
*
FOR ALL AGE THERE IS A SLIGHT INCREASE IN PREMIUM
*
JUSTIFICATION IN SUICIDE CLAUSE BENEFITS
*
REMOVAL OF FORECLOSURE ACTION IS A ADDED POINT
*
MORE TRANSPERNT & USER FRIENDLY PLAN
*
EVEN SUITABLE FOR EMPLOYER/EMPLOYEE SCHEME & MWP
*
MINIMIUM BASIC SUM ASSURED INCREASED
*
REBATE FOR HIGHER SUM ASSURED INCREASED
*
GUARANTEED SURRENDER VALUE DEFINITION CHANGE
MOBILE:9448133179 E-MAIL:ptpatil179@gmail.com
PLAN TODAY FOR BETTER TOMORROW
JUSTIFICATION IN SUICIDE CLAUSE BENEFITS
REMOVAL OF FORECLOSURE ACTION IS A ADDED POINT
MORE TRANSPERNT & USER FRIENDLY PLAN
EVEN SUITABLE FOR EMPLOYER/EMPLOYEE SCHEME & MWP
*
*
*
*
DON'T LURED BY LOWER PREMIUM CHECK THE CO'S CLAIM RATIO WILL
TELL WHICH COMPANY IS RELIABLE OUR PRODUCT OBSERVATION'S ARE>
*
SUM ASSURED ON DEATH CONCEPT CHANGE
*
SURRENDER VALUE HAS BEEN INCREASED
*
LOAN AVAILABILITY WILL BE MORE
*
REDUCTION IN REBATE FOR MODE OF PAYMENT
*
REDUCTION IN PREMIUM TERM
*
FOR ALL AGE THERE IS A SLIGHT INCREASE IN PREMIUM