This document summarizes LIC's Single Premium Endowment Plan, a single premium with-profits endowment plan. Key details include a minimum entry age of 90 days, maturity benefits of sum assured plus bonuses, death benefits of sum assured plus bonuses before risk commencement or refund of premium excluding taxes after, and loan availability after one year. The plan has eligibility conditions including an age range of 90 days to 65 years at entry and 10 to 25 year terms.

1. LIC’s Single Premium Endowment Plan
Plan No. 817
UIN 512N283V01

2. LIC’s SINGLE PREMIUM ENDOWMENT PLAN –
Highlights
Single Premium
With Profit Endowment Plan
Minimum Age at entry is 90 days
Loan available after completion of one year
Back dating is allowed

3. LIC’s SINGLE PREMIUM ENDOWMENT PLAN
Maturity Benefit
Sum Assured Plus
Simple Reversionary Bonuses Plus
Final Additional Bonus, if any.
Death Benefit
After Commencement of Risk
Before Commencement of Risk#
Sum Assured plus vested Simple
Return of Single Premium
Reversionary bonuses and final
excluding taxes and extra
additional bonus, if any.
premiums, if any.
# In case the age at entry of Life Assured is less than 8 years, risk will
commence either 2
completion of
years from the DOC OR policy anniversary after
8 years of age whichever is earlier, for others risk shall
commence immediately.

4. LIC’s SINGLE PREMIUM ENDOWMENT PLAN
Loan
Available after completion of 1 policy year.
Amount of loan will depend on year of Policy and Policy Term.
The maximum loan shall be granted as a percentage of
Surrender Value(SV).
Some Examples of Loan as a percentage of Surrender Value are given below -
2
3
6
9
12
13 and
above
Upto 15 yrs
55%
60%
80%
90%
90%
90%
16 to 20 yrs
40%
45%
60%
80%
90%
90%
21 yrs and above
30%
30%
45%
60%
80%
90%
Policy Year →
Term ↓

5. LIC’s SINGLE PREMIUM ENDOWMENT PLAN
Eligibility Conditions and Restrictions
Particulars
Description
Age at entry
90 days (completed) to 65 years (nearest
birthday)
Age at Maturity
18 to 75 years
Policy Term
10 to 25 years
Premium mode
Single Premium only
Basic Sum
Assured
50000 and above ( In multiples of 5000) –
No upper Limit.
Rebate for High Sum Assured
Sum
Assured
Rebate (Rs.)
3,00,000 and
above
30‰ SA
2,00,000 to
2,95,000
25‰SA
1,00,000 to
1,95,000
18‰SA
50,000
to 95,000
Nil

6. LIC’s SINGLE PREMIUM ENDOWMENT PLAN
The policy can be surrendered at any time during the policy term.
Higher of Guaranteed Surrender Value or Special Value shall be
payable.
Guaranteed Surrender Value(GSV):
1st Year ~ 70% of Single Premium excluding taxes and extra premium,
if any.
Thereafter ~ 90% of Single Premium excluding taxes and extra
premium, if any.
Plus Surrender Value of vested bonuses.
Special Surrender Value (SSV):
Discounted value of Sum Assured and vested simple reversionary
bonuses

7. Why
LIC’s SINGLE PREMIUM ENDOWMENT PLAN
…………Because it is SPECIAL
S~ Single Premium -One time investment.
P~ Protection -Risk Cover# for full Sum Assured.
E~ Excellent for meeting educational needs of young ones.
C~ Children from the age of 90 days can be covered.
I~ Ideal for investment planning-Wide range of policy term.
A~ Attractive - participates in profits.
L~ Liquidity through Loan.