LICs Single Premium Endowment Plan No 817 UIN

LIC’s Single Premium Endowment Plan No. 817 UIN 512 N 283 V 01

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

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 Reversionary Return of Single Premium excluding bonuses and final additional bonus, if any. taxes and extra premiums, if any. # In case the age at entry of Life Assured is less than 8 years, risk will commence either 2 years from the DOC OR policy anniversary after completion of 8 years of age whichever is earlier, for others risk shall commence immediately.

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 Policy Year → Term ↓ 2 3 6 9 12 13 and above Upto 15 yrs 55% 60% 80% 90% 90% 16 to 20 yrs 40% 45% 60% 80% 90% 21 yrs and above 30% 45% 60% 80% 90%

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 3, 000 and above Rebate (Rs. ) 30‰ SA 2, 000 to 2, 95, 000 25‰SA 1, 000 to 1, 95, 000 18‰SA 50, 000 to 95, 000 Nil

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): 1 st 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

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. Th ! u o Y ank