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LIC’s Jeevan Vriddhi – 808
Highlights
Excellent Guaranteed Returns at
Maturity
Ideal combination of Insurance and
Returns.
Life Cover – Five times the Premium.
Loyalty Addition, if any payable on
maturity
Easy Liquidity.
LIC’s Jeevan Vriddhi – 808
 Features
Single Premium non-linked close ended
plan.
Maturity Benefit:
Guaranteed Maturity Sum Assured and
Loyalty Addition, if any.
Death Benefit:
Basic Sum Assured. *
LIC’s Jeevan Vriddhi – 808
Eligibility Conditions
  Condition             Description
Age at entry   8 years to 50 years
Policy Term    10 years
Premium Mode Single
Premium        Minimum Rs.30000/-
               onwards in multiples of
               Rs.1000/-
Sum Assured    150000/- to No upper limit.
Others         Service Tax at the prevailing rate
               applicable on premium.
LIC’s Jeevan Vriddhi – 808
                      Benefits
Maturity Benefit       Guaranteed Maturity Sum
                       Assured Plus Loyalty
                       Addition, if any.
Death Benefit          * Basic Sum Assured (BSA)
                       BSA = 5 times single premium
                       excluding extra premium, if
                       any.
#Loyalty   Addition    Loyalty Addition, if any, shall
                       be payable at the rate as
                       declared by the Corporation.
                      Liquidity
Loan Facility          Available after
                       completion of one year.
LIC’s Jeevan Vriddhi – 808
  LIC’s Jeevan Vriddhi – 808
                 High Premium Rebate
     Basic Premium       Increase in Guaranteed Maturity
                                   Sum Assured
     Below Rs. 50,000                  Nil
  Rs. 50,000 to Rs. 99,000                 1.25%
   Rs. 100,000 and above                   3.00%

                     Surrender of Policy
Surrender Value is available after expiry of one policy year.
Higher of Guaranteed Surrender Value (GSV) and Special
Surrender Value(SSV) is payable. The Special Surrender
Value will be the ‘Discounted Value’ of the Guaranteed
Maturity Sum Assured and will depend on the policy term and
the duration elapsed since commencement of the policy.
LIC’s JeevanVriddhi – 808
   LIC’s Jeevan Vriddhi – 808
                 Benefit Illustration - I
Age                                         20 years
Policy Term                                 10 years
Mode                                        Single
Premium                                     30000/-*
Death Benefit                               150000
Maturity Benefit
                                            58665/-
Guaranteed Maturity Sum Assured
Loyalty Addition also payable on maturity:
Assuming 6% p.a. return                     Nil
Assuming 10% p.a. return                    7333/-
* Premium shown above is excluding Service Tax
LIC’s Jeevan Vriddhi – 808 808
  LIC’s Jeevan Vriddhi –
                 Benefit Illustration - II
Age                                       35 years
Policy Term                               10 years
Mode                                      Single
Premium                                   100000/-*
Death Benefit                             500000
Maturity Benefit
                                         197023/-
Guaranteed Maturity Sum Assured
Loyalty Addition also payable on maturity:
Assuming 6% p.a. return                  Nil
Assuming 10% p.a. return                 24628/-

* Premium shown above is excluding Service Tax
LIC’S JEEVAN VRIDDHI
LIC’
                   PLAN NO. 808
                                 INVEST……
                      REASONS TO INVEST……

Right Plan.
      Right Time.
            Right Term.
                    Right Return.
                         Right Insurance.
                             Right Person .
Secure immediately. Plan commences from 1st of March 2012

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Jeevanvriddhihighlights

  • 1.
  • 2. LIC’s Jeevan Vriddhi – 808 Highlights Excellent Guaranteed Returns at Maturity Ideal combination of Insurance and Returns. Life Cover – Five times the Premium. Loyalty Addition, if any payable on maturity Easy Liquidity.
  • 3. LIC’s Jeevan Vriddhi – 808 Features Single Premium non-linked close ended plan. Maturity Benefit: Guaranteed Maturity Sum Assured and Loyalty Addition, if any. Death Benefit: Basic Sum Assured. *
  • 4. LIC’s Jeevan Vriddhi – 808 Eligibility Conditions Condition Description Age at entry 8 years to 50 years Policy Term 10 years Premium Mode Single Premium Minimum Rs.30000/- onwards in multiples of Rs.1000/- Sum Assured 150000/- to No upper limit. Others Service Tax at the prevailing rate applicable on premium.
  • 5. LIC’s Jeevan Vriddhi – 808 Benefits Maturity Benefit Guaranteed Maturity Sum Assured Plus Loyalty Addition, if any. Death Benefit * Basic Sum Assured (BSA) BSA = 5 times single premium excluding extra premium, if any. #Loyalty Addition Loyalty Addition, if any, shall be payable at the rate as declared by the Corporation. Liquidity Loan Facility Available after completion of one year.
  • 6. LIC’s Jeevan Vriddhi – 808 LIC’s Jeevan Vriddhi – 808 High Premium Rebate Basic Premium Increase in Guaranteed Maturity Sum Assured Below Rs. 50,000 Nil Rs. 50,000 to Rs. 99,000 1.25% Rs. 100,000 and above 3.00% Surrender of Policy Surrender Value is available after expiry of one policy year. Higher of Guaranteed Surrender Value (GSV) and Special Surrender Value(SSV) is payable. The Special Surrender Value will be the ‘Discounted Value’ of the Guaranteed Maturity Sum Assured and will depend on the policy term and the duration elapsed since commencement of the policy.
  • 7. LIC’s JeevanVriddhi – 808 LIC’s Jeevan Vriddhi – 808 Benefit Illustration - I Age 20 years Policy Term 10 years Mode Single Premium 30000/-* Death Benefit 150000 Maturity Benefit 58665/- Guaranteed Maturity Sum Assured Loyalty Addition also payable on maturity: Assuming 6% p.a. return Nil Assuming 10% p.a. return 7333/- * Premium shown above is excluding Service Tax
  • 8. LIC’s Jeevan Vriddhi – 808 808 LIC’s Jeevan Vriddhi – Benefit Illustration - II Age 35 years Policy Term 10 years Mode Single Premium 100000/-* Death Benefit 500000 Maturity Benefit 197023/- Guaranteed Maturity Sum Assured Loyalty Addition also payable on maturity: Assuming 6% p.a. return Nil Assuming 10% p.a. return 24628/- * Premium shown above is excluding Service Tax
  • 9. LIC’S JEEVAN VRIDDHI LIC’ PLAN NO. 808 INVEST…… REASONS TO INVEST…… Right Plan. Right Time. Right Term. Right Return. Right Insurance. Right Person . Secure immediately. Plan commences from 1st of March 2012