NEW JEEVAN ANAND NEW JEEVAN ANAND PLANPLAN

Table No. 815Table No. 815

BASIC CONDITIONS BASIC CONDITIONS Minimum Age at Entry 18 YearsMaximum Age at Entry 50 Years Minimum Term 15 YearsMaximum Term 35 YearsMinimum Sum Assured 1,00,000Maximum Sum Assured No Limit (in multiples of 5000) Premium Mode Yly, Hyly, Qly, Mly, ECS, SSS

Maximum Age at Maturity 75 Years

BENEFITBENEFIT• MATURITY BENEFITMATURITY BENEFIT

Basic Sum Assured along with Vested Simple Reversionary Bonuses and Final

Additional Bonus, if Any

BENEFITBENEFIT• DEATH BENEFITDEATH BENEFIT

‘Sum Assured on Death’ along with Vested Simple Reversionary Bonuses and Final Additional Bonus, if any

The death benefit as defined above shall not be less than 105% of total premiums* paid as on the date of death

OPTIONAL BENEFIT OPTIONAL BENEFIT • ACCIDENTAL DEATH AND DISABILITY BENEFIT RIDERACCIDENTAL DEATH AND DISABILITY BENEFIT RIDER

In case of accidental death: Accident Benefit Sum Assured + Death benefit under the basic plan

In case of accidental permanent disability arising due to accident

within 180 days from the date of accident: Amount equal to the Accident Benefit Sum Assured will be paid in equal monthly installments spread over 10 years

Future premiums shall be waived

SUM ASSURED ON DEATHSUM ASSURED ON DEATH

Sum Assured on Death shall be Higher of 125% of Basic Sum Assured (BSA) OR

10 times Annualized Premium

Note: *The premiums mentioned in death benefit are excluding taxes, extra premiums and premiums for riders, if any

REBATEREBATEMODE REBATE

Yearly 2%Half Yearly 1%Quarterly Nil

SUM ASSURED REBATE10 Lac & Above 3‰5,00,000 to 9,95,000 2.5‰2,00,000 to 4,95,000 1.5‰

Less then 1,95,000 Nil

LOAN OPTIONLOAN OPTION• Available after payment of 3 full years premiums• The maximum amount of loan that can be granted as a percentage of Surrender Value shall depend on the Policy Term, as given in the table below

• Foreclosure action shall not be taken under fully paid up and enforce policies even if there is default of loan interest

Policy Term Up to 23 24 to 27 28 to 31 32 to 35

% for in force policies 90% 80% 70% 60%

% for Paid-up policies 80% 70% 60% 50%

SURRENDER OPTIONSURRENDER OPTION• Available after payment of 3 full years premiums• GSV shall be a percentage of total premiums paid (net of taxes) excluding extra premium, if any and premium paid for riders, if opted for• Examples of GSV factors applicable for total premiums paidPolicy Year ~ GSV factor 3 = 30% 5 = 50% t -1 = 80% (t=Policy Term)

GSV FACTORS GSV FACTORS • GSV factor applicable to vested bonus, if any

Examples of Vested bonus factors

Year of SV – Policy Term – Factor 3 12 18.60% 19 25 20.85% 29 30 30%

SPECIAL SURRENDER VALUESPECIAL SURRENDER VALUE• Surrender Value shall be the discounted value of the Paid-up Sum Assured and vested simple reversionary

bonuses• The discount factors shall be surrender value factors as provided in Table-1A of the Special Surrender Value

Booklet and will depend upon the policy term and duration elapsed since the commencement of the policy• The Higher of Guaranteed Surrender Value and Special Surrender Value shall be payable

OTHER OTHER • REVIVAL OF POLICYREVIVAL OF POLICY

A Policy may be revived within a period of 2 years from the date of first unpaid premium

• SERVICE TAXSERVICE TAX Taxes, if any, shall be applicable at the prevailing rates and borne by the POLICYHOLDER as per rules

• ‘SUM ASSURED ON DEATH’ has been defined separately• Age at entry has been reduced• Percentage of Loan payable as a percentage of Surrender

Value shall depend upon policy term• GSV percentage shall also depend on policy term and year

of Surrender• Rebates for high SA and premium mode modified

CHANGES OVER TABLE NO.149CHANGES OVER TABLE NO.149

THANK YOUTHANK YOU