1. Aam Admi Bima Yojana lic policy 2. Amulya Jeevan-I lic policy 3. Anmol Jeevan-I lic policy 4.

Bima Bachat lic policy 5. Bima Nivesh 2005 lic policy 6. CDA Endowment Vesting At 18 lic policy 7. CDA Endowment Vesting At 21 lic policy 8. Child Career Plan lic policy 9. Child Future Plan lic policy 10. Educational Annuity Plan lic policy 11. Fortune Plus lic policy 12. Gratuity Plus lic policy 13. Group Critical Illness Riderlic policy 14. Group Gratuity Scheme lic policy 15. Group Insurance Scheme in Lieu Of EDLI lic policy 16. Group Leave Encashment Schemelic policy 17. Group Mortgage Redemption Assurance Scheme lic policy 18. Group Savings Linked Insurance Scheme lic policy 19. Group Super Annuation Scheme lic policy 20. Group Term Insurance Schemes lic policy 21. Health Plus lic policy 22. JanaShree Bima Yojana (JBY) lic policy 23. Jeevan Aadhar lic policy 24. Jeevan Akshay-V lic policy 25. Jeevan Amrit lic policy 26. Jeevan Anand lic policy 27. Jeevan Anurag lic policy 28. Jeevan Bharati lic policy 29. Jeevan Kishore Jeevan Chhaya lic policy 30. Jeevan Madhur lic policy 31. Jeevan Mitra(Double CoverEndowment Plan) lic policy 32. Jeevan Mitra(Triple CoverEndowment Plan) lic policy 33. Jeevan Nidhi lic policy 34. Jeevan Pramukh lic policy 35. Jeevan Saathi lic policy 36. Jeevan Saral lic policy 37. Jeevan Shree-I lic policy 38. Jeevan Surabhi-15 Years lic policy 39. Jeevan Surabhi-20 Years lic policy 40. Jeevan Surabhi-25 Years lic policy 41. Jeevan Tarang lic policy 42. Jeevan Vishwas lic policy 43. Komal Jeevan lic policy 44. Market Plus I lic policy

45. Marriage Endowment lic policy 46. Money Plus-I lic policy 47. Mortgage Redemption lic policy 48. New Bima Gold lic policy 49. New Janaraksha Plan lic policy 50. New Jeevan Dhara-I lic policy 51. New Jeevan Suraksha-I lic policy 52. Profit Plus lic policy 53. Shiksha Sahayog Yojana lic policy 54. The Convertible Term Assurance Policy lic policy 55. The Endowment Assurance Policy lic policy 56. The Endowment Assurance 57. Policy-Limited Payment lic policy 58. The Money Back Policy-20 Years lic policy 59. The Money Back Policy-25 Years lic policy 60. The Whole Life Policy lic policy 61. The Whole Life Policy- Limited Payment lic policy 62. The Whole Life Policy- Single Premium lic policy 63. Two Year Temporary Assurance Policy lic policy

JEEVAN ANAND LIFE INSURANCE POLICY BY LIC (table: 149)

Features of Jeevan Anand plan
Jeevan Anand plan is the combination of whole life policy and endowment insurance policy the plan provides the per-decided S.A. and bonus at the end of the stipulated PPT, but the risk cover on the life continues till death. This policy is suitable for the people of all ages and social groups. The policyholder will be benefited by giving protection to their families from a financial setback that may occur owing to their demise The amount assured if not paid by reason of his death earlier will be payable at the end of the endowment term where it can be invested in an annuity provision for the rest of the policyholder's of this plan is moderate premiums, high liquidity, saving oriented.
Plan parameters Age at entry: Min.18 yrs Max. 65 yrs. PPT maturity age: Max. 75 yrs Sum assured: Min. 1,00,000 Max. No. Limit S.A. in multiples: 5000 Term: Min.5 yrs Max. 57 yrs Mode of payment: YLY/HLY/QLY/SSS/MLY Accident benefit: Incl. in. T.P. Policy loan: yes Housing loan: yes Assignment: yes Revival: yes Surrender of policy: yes Term rider: N.A. CIR: yes UNDERWRITING CNDITION Form no: 300 (rev.) Age proof: std/ NSAP- 1,2,3 Female lives category: I/II/III Non-medical (Gen): Allowed Non-medical (Prof): Allowed Non-medical (special): Allowed Actual sum assured: Basic SA Risk coverage: SA+ Bonus Dating back @ 8%: Allowed

BENEFITS Maturity benefit: S.A. +Bonus + FAB, if any is at the end of the premium paying term (PPT) Death benefit: If death occurs during the premium paying term S.A. + Bonus +FAB, if any is payable and premium payment is ceased. An extra amount equal to the S.A. is payable if death occurs after the premium paying term. No bonus is paid on death after the premium paying term. Accident benefit: The double accident benefit is available during the premium paying term and thereafter up to age 70. the premium for this has been built into the tabular premium rate.

Features of New Bima Gold Insurance plan

It has been decided to introduce LIC,S new bima gold (plan no. 179) with effect from 4th September, 2006. it is a plan where premiums paid over the term of plan are paid back during the policy term in instalments at specified duration in case of survival of life assured and life insurance cover is a available not only during the term but also during the extended term of the plan.

Extended term: the extended term will be half of the policy term and shall commence immediately on the expiry of the term. For example for a 16 years policy term The extended term will be 8 years with the result the total term will be 24 years. No premium are payable during the extended term of the plan.

Latest Lic Policy by Lic of India:

Jeevan Ankur Child Education Plan Jeevan Saral by Life Insurance Corporation of India Jeevan Vridhi by Life Insurance Corporation of India Jeevan Vaibhav by Lic of India

Plan parameters Age at entry: Min. 14 yrs (comp) max. 57 yrs (NBD) for term 12 yrs max.51 yrs (NBD) for term 16 yrs. Max 45 yrs (NBD) for term 20 yrs Age at expiry of

Extended term: max. 75 yrs. (NBD) Sum assured: min. 50,000 max. no. limit S.A in multiples: 5000 Term: 12, 16, 20 years. Mode of payment: YLY/HLY/ QLY/ SSS/ MLY Accident benefit: Re. 1 extra per (Max. 50Lacs inclusive all plan) Policy loan: yes Housing loan: yes Assignment: yes Revival: yes Surrender of policy: yes Term rider: N.A. CIR: N.A

Underwriting conditions Form no: 300/340 Age proof: std/ NSAP- 1 Female lives category: I/II Non-medical (gen): allowed Non-medical (prof): allowed Actual coverage: SA+ Bonus Dating back @ 8%: Allowed Benefits of New Bima Gold Insurance:

Death benefit: during the policy term: payment of amount equal to sum assured under the basic plan on death of the life assured during the policy term

During the extended term: payment of an amount equal to 50% of sum assured under the basic plan on death of the life assured during the extended term provided all the premium under the policy have been paid.

Survival benefit: in case the life assured is surviving to the end of the specified durations, the following benefit shall be payable:

For policy term 12 years: 15% of the sum assured under basic plan at the end of each 4th policy year.

For policy term 16 tears: 15% of the sum assured under basic plan at the end of each 4th, 8th 12th policy year.

On expiry of policy term: total amount of premiums (excluding extra/optional rider premiums, if any) paid plus loyalty addition, if any less the amount of survival benefit paid earlier.

Loyalty addition: this is a with-profit plan and the policy shall participate in the profits corporation's with-profits assurance business. The policy shall however, be eligible to a share of profit in the form of loyalty addition (on time) only payable on expiry of policy term. On the life assured surviving the stipulated date of expiry of policy term, the policy may be eligible for payment of loyalty addition, if any; depending upon the experience of the corporation at such rate and on such term as may be declared by the corporation.

Auto cover: if at least two full year's premium has been paid in respect of this policy, any subsequent premium is not duly paid, full death cover shall continue for a period of two years from the date of first unpaid premium (FUP). This period of 2 during the auto-cover period, one or more installments of premiums can be paid along with interest without considering continued of the life assured.

Paid-up & surrender values (GSV, SSV): if after at least full year's premiums have been paid in respect of this policy, any subsequent premium be not duly paid, this policy shall not be wholly void after the expiry of two years auto cover period from the due date of fist unpaid premium, but shall subsist as a paid up policy for an amount equal to the total premiums paid (excluding any extra/ optional premium) less the survival benefit paid earlier, if any. This amount shall be called as paid up value. This policy, thereafter, shall be payable on the date of expiry of the policy term or at life assureds prior death. No survival benefit shall be free from all liabilities for payment of the within mentioned premiums. The guaranteed surrender value shall be available after completion of at least three policy years and at least full years' premiums have been paid. The guaranteed surrender value is equal to 30 percent of the total amount of premium paid for accident benefit rider and the amount of survival benefit paid earlier.

Cooling-off period: if a policyholder is not satisfied with the "term and conditions" of the policy, he/she may return the policy to the corporation within 15 days from the date receipt of the policy Example: Mr. Karan Johar, aged 30 years opts for new bima gold (T. No.179) for 2lac S.A, paying an annual premium of Rs.7363/- for 20 years period. He receives Rs.20,000 each at the end of 4,8,12 and 16 years. On maturity the net amount payable will be total premium paid _ paid up survival benefit + loyalty addition, if any i.e. 7363 x 20 - 20,000 x 4 = 1,47,260 + loyalty addition, if any, he will also enjoy the extended term of 10 years i.e. the term will be 20+10 = 30 years. But if Mr. Karan Johar dies after 12 years, his nominee will receive Rs.2lac without deducting the survival benefit paid to Mr. Karan Johar

Feature of Market Plus plan: Market plus is a unit linked deferred pension plan. The policyholder can choose the plan with or without risk cover. He can choose the of cover within the limits, which will depend on the mode and amount of premium he desires to pay. The allocated premium will be utilized to buy units as per the selected found type. Units will be allotted and cancelled based on the net asset value (NAV) of the respective fund of the date of allotted / cancellation. There is no bio-offer spread (both the bid price and offer price of units will be equal to the NAV). The NAV will be declared on a daily basis and will be based on the investment performance, fund management charges (FMC) and whether fund is expanding or contracting under each fund type. Plan parameters For basic plan Age at entry: Min. 18 yrs. Comp. Max. 70 yrs (NBD). However. If life cover is opted for, then 65 years nearest birthday. Vesting age: Min. 40 yrs. (LBD) Max.75 yrs (LBD) Sum assured (min): *Regular 50,000 single 25,000 Sum assured (max): * Regular up to 20 times ann. Prem. *single up to equal to S.P Min. premium: Rs.5,000 pa for regular premium & 10,000 for S.P Max. Premium: No limit Premium in Multiples of: Rs.1000/Min deferment Period: 5 years Modes allowed: YLY/HLY/QLY/Single Mode rebate: N.A Female lives category: II/III Age proof: Non Std. NSAP- 1.2.3 Policy loan: yes Housing loan: yes Assignment: N. A Revival: N.A Backdating: N.A Surrender of policy: yes For accident benefit Min. 18 yrs. Completed Max. 65 yrs (LBD) 70 yrs (NBD) (max. benefit ceasing age 25,000 Rs.59 Lac over all Limit No separate limit No separate limit 5 years Note: accident benefit shall be allowed only if life cover is opted for under the basic plan.

Benefit Death benefit: in case of death of the policyholder within the deferment term where life cover is opted for and is in force, the nominee shall be eligible to get the sum assured under the basic plan together with the fund value of units held in the policyholder's unit account as at the date of booking the liability. The liability shall be booked after receipt of intimation along with death certificate. The benefit may be got in a lump sum or in the form of pension. Will be based on the then prevailing immediate annuity rates under the relevant annuity option. In case the policy is taken without risk cover, then the fund value of units held in the policyholder's unit account as at the date of booking the liability, as mentioned above, shall be payable to the nominee. Again, the nominee can choose either a lump sum or pension, which will be based on the then prevailing immediate annuity rates under the relevant annuity option. The nominee can also taken the proceeds as a lump sum and the balance as an annuity. If the policy is in lapsed condition then only the fund value of the units held in the policyholder's unit account shall become payable to the nominee. This benefit may be chosen either in lump sum or in the form of pension as desired by the nominee. The pension will be based on the then prevailing immediate annuity rates under the relevant annuity option. Benefit on vesting: on the policyholder surviving up to the date of vesting, the fund alue of the units held in the policyholder's unit account will compulsorily be utilized to the provide an annuity based on the then prevailing Immediate annuity rates under the relevant annuity option The policyholder will have to intimate his/her choice of annuity option to the Corporation 6 month prior to the date of vesting under the policy There is also an option to commute up to one-third of the fund value of the units held in the policyholder's unit account time of vesting of the annuity which shall be paid in sum. In case commutation is opted for, the amount of annuity / pension available will be reduced proportionately. There will also be an option to purchase pension from any other life insurance company subject to regulatory provisions. If the policyholder opts to purchase pension from other insurance company, he/she will have to inform LIC six months prior to the vesting date. In such cases, LIC will transfer the fund value of the units held in the policyholder's unit account Directly to the chosen company Notwithstanding the purchase the mentioned, in case the amount at the vesting date is insufficient to purchase the minimum amount of pension allowed by LIC, than the balance in the policyholder's unit account at the vesting date shall be refunded to the policyholder. Option: i) life cover: the policy can be issued either with or without life insurance cover. If life insurance cover is opted for by the policyholder, he / she can choose sum assured within the following limits, subject to a minimum of Rs.50,000 under regular premium policies. For single premium policies: up to and equal to the single premium For regular premium policies: up to 20 time of the ann. Premium. ii) Accident benefit rider option: accident benefit (AB) can be availed of as an option rider

benefit by paying addition premium of Rs.0.50 for every Rs.1,000/- of the accident benefit sum assured per policy `year by cancellation of appropriate number of units out of the policyholder's unit account every month. On accidental death of the policyholder during the term of the policy, a sum equal to the accident benefit sum assured will become payable, provided the accident benefit cover is opted for and is in force. Future, it will be available up to the life cover sum assured opted for, subject to an overall limit of Rs.50lakh taking all existing polices of the life assured under individual as will as group schemes including polices with inbuilt accident benefit taken from life insurance corporation of India and other insurance companies and the accident benefit rider sum assured under the new proposal into consideration. The accident benefit rider option will not be available in case life cover sum assured is zero. This benefit will be available only till the policy anniversary on which the age nearer birthday of the policyholder is 70 years. No change for this benefit shall be deducted from the policy anniversary at which the benefit ceases. Annuity options: the rate at which the clime amount will be converted into an annuity is not guaranteed and will be available and the rate prevalent at that time. Future a number of annuity option will be available and the rate for different options may differ. Charges under the plan: Premium allocation charge: this is the percentage of the premium appropriated toward charges from the premium received. The balance known as allocation rate constitutes that part of the premium which is utilized to purchase (investment) units for the policy. The allocation charges are as below. Single premium: 3.3% Charges for optional covers: Mortality charge: this is the cost of life insurance cover. Mortality charge, if any, will be taken every month by canceling appropriate number of unit of the policyholder's unit account as per the rate prevalent at the time of policy issue. If opted for life cover, charge in respect of the same, during a policy year, will based on the age nearer birthday of the policyholder as at the policy anniversary coinciding with or immediately preceding the due date of cancellation of units and hence may increase every year on each policy anniversary. Future, the charges will also depend on health, occupation and lifestyle of the policyholder. Other charges:

POLICY ADMINISTRA TION CHARGE: the policy administration charge of Rs.60/per month during the first policy year and Rs.20/- per month thereafter, throughout the term of the policy, will be deducted by canceling appropriate number of units out of policyholder's unit account: FUND MANAGEMENT CHARGE: fund management charges (FMC) dependent on type of fund and are deductible on the date of computation of NAV at the following rate: 0.75% p.a of unit fund for "bond" fund 1.00% p.a of unit fund for "secured" fund

1.25% p.a of unit fund for "balance" fund 1.50% p.a of unit fund for "growth" fund the NAV, thus declared, will be net of FMC.

SWITCHING CHARGES- the policyholder can switch between any fund types during the policy term, within a given policy year, 4 switches will be allowed free of charges subject subsequent switches shall be subject to a switching charge of Rs.100 per switch. BID/OFFER SPREAD- Nil SURRENDER CHARGES- Nil SERVICE TAX CHARGE- a service tax chare shall be levied on the life cover charges and accident benefit charges, if any, and shall be taken by canceling appropriate number of unit out of the policyholder's unit account on a monthly basis as and when the corresponding life cover and accident benefit charges are deducted. The level of this charge will be as per the rate of service of tax on risk premium as applicable from time to time. Currently, the rate of service tax is 12% with an education cess at the rate of 2% thereon and hence effective rate is 12.24% MISCELLANEOUS CHARGE- this is a charge levied for an alteration within the contract such as reduction in policy term, charge in premium mode to lower frequency, grant of accident benefit after the issue of the policy etc., may allowed subject to a charge of Rs.50/- which will be deducted by canceling appropriate number of unit out of the policyholder's unit account and the deduction shall be made on the alteration in the policy.

Top-up (addition premium): the policyholder can pay top-up in multiples of Rs.1.000/- without any limit at anytime during the term of the policy. In case of quarterly, half-yearly or yearly mode of premium payment such top-up can be paid only if all due premium have been paid under the policy. SURRENDER VALUE: the policyholder will have an option to surrender the policy only after completion of three policy years both units single and regular premium contracts. The surrender value will be the fund value of units held in the policyholder's unit account at the date surrender. Discontinuance of premiums If premium are payable yearly, half-yearly or quarterly and the same have not been paid within the days of grace under the policy, will lapse. The policyholder will have an option to revive the policy within the specified period. 1. Where at least 3 years' premium have been paid, the life cover and accident benefit rider, if any, shall contiune during the revival period. During this period, the charges for life cover and accident benefit cover, if any, shall be taken, in addition to other charges, by canceling an appropriate number of units out of the policyholder's unit account every month. This will continue to provide relevant risk covers for: 1. Two years from the due date of first unpaid premium, or 2. The date of vesting, or

3. Till such period that the policyholder's unit account reduces to one annualized premium whichever is earlier. The benefit payable under the policy in different contingencies during this period shall be as under:

In case of death: life cover sum assured plus fund value of units held in the policyholder's unit account, if life cover is opted for. If life cover is not opted for, then only fund value of units held in the policyholder's unit account is payable. In case of death due to accident: accident benefit sum assured in addition to the amount under (a) above, if accident benefit is opted for. In case of surrender: fund value of units held in the policyholder' s unit account. Surrender value, of however, shall be paid only after completion of 3 policy years. On vesting: fund value of units held in the policyholder's unit account. Compulsory surrender: the policy shall be terminated compulsorily in following case: 1. The balance in the policyholder's unit account at all times, shall be subject to a minimum balance of one annualized premium. In case the policyholder's unit account falls below this limit, the policy shall compulsory be terminated with a notice to the policyholder and the balance amount in the policyholder's unit account will be refunded to the policyholder. 2. In case the policy is not revived during the revival period, the policy will expire and the life cover and accident benefit cover, if any, shall cease and charges for these benefit and also all other charges shall not be deducted thereafter. Fund value of units shall be refunded to the policyholder. 3. Where the policy lapses without payment of at least 3 years' premium, that life cover and accident benefit cover, if any, shall cease and no charges for these benefit shall be deducted. However deduction of all the charges shall continue. The policyholder will have an option to revive the policy within the specified period. The benefit under such a lapsed policy shall be payable as under: 1. in case of death: fund value of units held in the policyholder's unit, account. 2. In case of death due to accident: the amount under (a) above 3. In case surrender: fund value of units/ monetary value of units, as the case may be, held in the policyholder's unit account, shall be payable after the completion of the third policy anniversary. No amount shall be payable within 3 years from the date of commencement of policy. 4. Compulsory surrender: in case the policy is not revived during the period of revival, then policy shall be terminated after completion of three years from the date of commencement of the policy or on expiry of revival period, whichever is later? In case the period of revival expiry before the third policy year, then the fund value of units shall be converted into monetary terms and no charges shall be deducted thereafter. This monetary amount shall be paid the policyholder after the end of third policy year.