Presenting New Money Back -New Money Back -

LIC’s most popular money planLIC’s most popular money plan in two variants –in two variants –

Plan 75 : A 20-year policyPlan 75 : A 20-year policy

Plan 93 : A 25-year policy Plan 93 : A 25-year policy

Popularity MeterPopularity Meter : 57,05,346 policies sold in 2003-04

The original, basic money back policy High liquidity Helps to fulfil your regular needs as well as long term needs Guaranteed survival benefit : 15%/20% of basic sum assured paid at regular intervals of 5 years.

Intro features benefits illustrations

Survival benefits already paid, are not deducted, if claim arises in case of unfortunate death. A with-profit policy, bonus calculated on full sum assured, despite regular survival benefit payouts. Now, loans available under the policy Optional benefits include term assurance rider and critical illness rider on payment of small additional premium.

Intro features benefits illustrations

Who can avail of this plan?Who can avail of this plan? Minimum age at entry : 13 years (completed) Maximum age at entry under Plan 75 : 50 years (nearest birthday). Maximum age at entry under Plan 93 : 45 years (nearest birthday).

For how many years is risk cover available?For how many years is risk cover available? Under Plan 75 : policy term is 20 years. Under Plan 93 : policy term is 25 years.

For what amount is risk cover available?For what amount is risk cover available? Minimum Sum Assured is Rs. 50,000. There is no maximum limit for Sum Assured but it depends on income.

Is there any limit on maximum age at maturity?Is there any limit on maximum age at maturity? Yes, maximum age at maturity allowed: 70 years.

For how many years is premium payable?For how many years is premium payable? Throughout the term.

Intro features benefits illustrations

On death of the Life Assured during the term of cover under the rider, an amount equal to the Term Assurance Sum Assured will be payable. This benefit is available on payment of small additional premium.Eligibility

(A) Minimum & maximum age at entry: 18 years (lbd) & 50 years (nbd)(B) Maximum age at maturity : 60 years (C) Minimum Sum Assured for the Term Rider : Rs. 1,00,000(E) Minimum S.A. of main plan on which Term Rider is given : Rs.1,00,000 (F) Maximum S.A. for Term Rider: An amount equal to the Basic S.A. subject to a max Rs. 25 lakhs overall limit on term riders on all plans). (G) Term : 10 to 35 years under regular premium policies; 5 to 35 years under Single premium policies &15, 20 and 25 years under limited premium paying term policies.This rider shall be allowed only if age at maturity under the main policy is less than or equal to 60 years. The policy term and premium paying term of the rider should match with the policy term and premium paying term under the main policy.

Term Assurance Term Assurance RiderRider

Optional

Intro features benefits illustrations

The Critical Illness Sum Assured will be payable on the life assured surviving for a period of 28 days from the date of occurrence of any of the following critical illnesses-

Heart Attack (Myocardial Infarction) Stroke (Cerebro-vascular Accident) Cancer Kidney Failure Major Organ transplant Paralysis 3rd Degree Burns Blindness Coronary Artery By-pass Surgery Heart Valve Replacement or Repair Aorta Graft Surgery

Critical Illness Rider : Critical Illness Rider : BenefitsBenefits

Optional

Intro features benefits illustrations

(A) Minimum entry age : 18 yrs (completed)(B) Maximum entry age : 50 yrs (nearer birthday)(C) Maximum maturity age : 60 years (D) Minimum Sum Assured for the Critical illness Rider : Rs.50,000/= (E) Minimum Sum Assured of the Main plan on which the Critical illness Rider can be given: Rs.50,000(F) Maximum Sum Assured : An amount equal to the Basic Sum for the Critical Illness Rider Assured, subject to a maximum of Rs.5,00,000. (G) Term : 10 to 35 years under regular premium 5 to 35 years under Single premium and 15, 20 & 25 years under limited premium paying term policies.This rider is allowed only if the maturity age under main policy is not greater than 60 years.The policy term and premium paying term of the rider should match with the policy term and premium paying term under the main policy.

Critical Illness Rider : Critical Illness Rider : EligibilityEligibility

Optional

Intro features benefits illustrations

Death CoverDeath Cover : : Sum Assured + Vested Bonuses + Final Sum Assured + Vested Bonuses + Final Additional Bonus, if any, is payable in a Additional Bonus, if any, is payable in a lump sum on death of the life assured lump sum on death of the life assured during the policy term.during the policy term.  Maturity BenefitMaturity Benefit::40% of the Sum Assured + Vested 40% of the Sum Assured + Vested Bonuses + Final Additional Bonus, if any, Bonuses + Final Additional Bonus, if any, is payable in a lump sum on survival to is payable in a lump sum on survival to the end of the policy term the end of the policy term Intro features benefits illustrations

Plan

Termin

years

Prem. Payabl

e for ..years

Survival

Benefit payable after 5 years

Survival

Benefit payable after

10 years

Survival

Benefit

payable

after 15

years

Survival Benefit

payable after 20 years

Survival Benefit

payable after 25

years

75 20 20 20% of

S.A.

20% of

S.A.

20% of

S.A

40% of SA plus Vested Bonus plus Terminal

Bonus,if any.

------

93 25 25 15% of

S.A.

15% of

S.A.

15% of

S.A.

15% of S.A.

40% of SA plus

Vested Bonus plus Terminal Bonus,if

any.

Intro features benefits illustrations

End ofyear  

Total premiumsPaid till end

of year

Benefit on survival / maturity at the end of year

 Guaranteed

Variable Total

Scenario 1

Scenario 2

Scenario 1

Scenario 2

1 6564 0 0 0 0 02 13128 0 0 0 0 03 19692 0 0 0 0 04 26256 0 0 0 0 05 32820 20000 0 0 20000 200006 39384 0 0 0 0 07 45948 0 0 0 0 08 52512 0 0 0 0 09 59076 0 0 0 0 0

10 65640 20000 0 0 20000 2000015 98460 20000 0 0 20000 2000020 131280 40000 53000 106000 93000 146000

Illustration 1 (Table 75)Illustration 1 (Table 75) : Age at entry : 35 years Policy Term : 20 YearsMode : Yearly Sum Assured : Rs. 1,00,000 /- Annual Premium : Rs. 6564 /-

Intro features benefits illustrations

End of

year

Total premiumspaid

till endof year

Benefit on death during the year

 Guarante

ed

Variable Total

Scenario 1Scenario

2Scenario

1Scenario

21 6564 100000 2400 4800 102400 1048002 13128 100000 4800 9600 104800 1096003 19692 100000 7200 14400 107200 1144004 26256 100000 9600 19200 109600 1192005 32820 100000 12000 24000 112000 1240006 39384 100000 14400 28800 114400 1288007 45948 100000 16800 33600 116800 1336008 52512 100000 19200 38400 119200 1384009 59076 100000 21600 43200 121600 14320010 65640 100000 24000 48000 124000 14800015 98460 100000 36000 72000 136000 17200020 131280 100000 48000 96000 148000 196000

Illustration 1 (Table 75)Illustration 1 (Table 75) : Age at entry : 35 years Policy Term : 20 YearsMode : Yearly Sum Assured : Rs. 1,00,000 /- Annual Premium : Rs. 6564 /-

Intro features benefits illustrations

Illustration 2 (Table 93):Illustration 2 (Table 93): Age at entry : 35 years Policy Term : 25 Years Mode : Yearly Sum Assured : Rs. 1,00,000 /- Annual Premium : Rs. 5507

End ofyear  

Total premiums

paidtill endof year

Benefit on death during the year

 Guaranteed

Variable Total

Scenario 1 Scenario 2 Scenario 1 Scenario 21 5507 100000 2700 5800 102700 1058002 11014 100000 5400 11600 105400 1116003 16521 100000 8100 17400 108100 1174004 22028 100000 10800 23200 110800 1232005 27535 100000 13500 29000 113500 1290006 33042 100000 16200 34800 116200 1348007 38549 100000 18900 40600 118900 1406008 44056 100000 21600 46400 121600 1464009 49563 100000 24300 52200 124300 15220010 55070 100000 27000 58000 127000 15800015 82605 100000 40500 87000 140500 18700020 110140 100000 54000 116000 154000 21600025 137675 100000 67500 145000 167500 245000

Intro features benefits illustrations illustrations

End ofyear  

Total premiums

paidtill endof year

Benefit on survival / maturityat the end of year

 Guarantee

d

Variable Total

Scenario 1 Scenario 2 Scenario 1 Scenario 21 5507 0 0 0 0 02 11014 0 0 0 0 03 16521 0 0 0 0 04 22028 0 0 0 0 05 27535 15000 0 0 15000 150006 33042 0 0 0 0 07 38549 0 0 0 0 08 44056 0 0 0 0 09 49563 0 0 0 0 0

10 55070 15000 0 0 15000 1500015 82605 15000 0 0 15000 1500020 110140 15000 0 0 15000 1500025 137675 40000 74500 161000 114500 201000

Illustration 2 (Table 93):Illustration 2 (Table 93): Age at entry : 35 years Policy Term : 25 Years Mode : Yearly Sum Assured : Rs. 1,00,000 /- Annual Premium : Rs. 5507

Intro features benefits illustrationsIntro features benefits illustrations

1. This illustration is applicable to a non-smoker male/female standard (from medical, life style and occupation point of view) life.

2. The non-guaranteed benefits (1) and (2) in above illustration are calculated so that they are consistent with the Projected Investment Rate of Return assumption of 6% p.a.(Scenario 1) and 10% p.a. (Scenario 2) respectively. In other words, in preparing this benefit illustration, it is assumed that the Projected Investment Rate of Return that LICI will be able to earn throughout the term of the policy will be 6% p.a. or 10% p.a., as the case may be. The Projected Investment Rate of Return is not guaranteed.

3. The main objective of the illustration is that the client is able

to appreciate the features of the product and the flow of benefits in different circumstances with some level of quantification.

4. Future bonus will depend on future profits and as such is not guaranteed. However, once bonus is declared in any year and added to the policy, the bonus so added is guaranteed.

Illustrations – assumptions and disclaimer

Intro features benefits illustrationsIntro features benefits illustrations