Lic jeevan bharti 160

Jeevan Bharati
Today’s woman
Deserves
Something Special
1
“Only you can give life,
that’s why we protect yours”
LIC’s tribute to the Indian woman
That understands her needs andand covers her
adequately

Jeevan Bharati
(PLAN 160)
Today’s woman
Deserves
Something Special
 An Exclusive plan for theAn Exclusive plan for the
woman of todaywoman of today
 The woman of today excelsThe woman of today excels
in every spherein every sphere
 She is an anchor at homeShe is an anchor at home andand
an achiever at the work place.an achiever at the work place.
 She is an equal partner in herShe is an equal partner in her
family’s progressfamily’s progress

Jeevan Bharati
(PLAN 160)
Today’s woman
Deserves
Something Special
 To cater to her special needs, anTo cater to her special needs, an
insurance plan should provide:insurance plan should provide:
- Security- Security
- Flexibility- Flexibility
- Liquidity- Liquidity
- Periodic Returns- Periodic Returns
- Option to convert Maturity- Option to convert Maturity
Amount to PensionAmount to Pension

Jeevan Bharati
(PLAN 160)
Today’s woman
Deserves
Something Special
LIC presents Jeevan Bharati:LIC presents Jeevan Bharati:
A plan that is:
DistinctiveDistinctive AffordableAffordable ProfitableProfitable
A with-profit plan that provides
financial security, periodic Money Back,
Flexibility and Special Cover for
Female Critical Illnesses (FCI) and
Congenital Disability Benefits (CDB).

Jeevan Bharati
(PLAN 160)
Today’s woman
Deserves
Something Special
Who is best suited to avail this plan ?
Women in the age group of 18-50 years.
For what sums is insurance available?
Rs. 50,000 to Rs. 25 lakhs (in multiples of
Rs.5000)
For how many years is premium payable ?
Two options available : 15 years or 20 years
For how many years is risk cover provided?
Two options available : 15 years or 20 years
Premium Payment Mode ?
Yearly.

Jeevan Bharati
(PLAN 160)
Today’s woman
Deserves
Something Special
Free Insurance Cover :
If two years’ premiums are paid then FULL INSURANCE
COVER is available even when premiums remain unpaid for
the next three years.
Encashment of Survival Benefits as and when needed :
Survival Benefits payable after every 5 years can be
encashed at a later date earning interest on the amount.
Flexibility in premium payment:
Option available to pay next yearly premium in advance (in
maximum 3 instalments). A premium rebate of 4% p.a. for
complete number of months on portions of premium paid
will be given.
Flexibility in receiving benefits :
Option is available to receive maturity benefits as an
annuity instead of lump sum.

Jeevan Bharati
(PLAN 160)
Today’s woman
Deserves
Something Special
Age Term Sum Assured Rs.
1 lakhs 2 lakhs 3 lakhs 5 lakhs
20 15 9,185 18,170 26,655 44,525
25 15 9,240 18,280 26,780 44,680
30 15 9,325 18,450 26,980 44,940
35 20 7,735 15,270 27,340 36,720
40 20 7,680 15,160 22,195 37,165

Jeevan Bharati
(PLAN 160)
Today’s woman
Deserves
Something Special
Payable after % of Sum Assured payable
5 years Rs. 40,000 (i.e. 20% of S.A.)
10 years Rs. 40,000 (i.e. 20% of S.A.)
15 years Rs. 1.20 lakh (i.e. 60% of S.A.) plus
+ Rs. 50,000 (Guaranteed Addition for first 5 years)
+ Reversionary Bonus for 10 years (6th
-15th
year)
Payable after % of Sum Assured payable
5 years Rs. 40,000 (i.e. 20% of S.A.)
10 years Rs. 40,000 (i.e. 20% of S.A.)
15 years Rs. 40,000 (i.e. 20% of S.A.)
20 years Rs. 80,000 (i.e. 40% of S.A.) plus
+ Rs. 50,000 (Guaranteed Addition for first 5 years)
+ Reversionary Bonus for 15 years (6th
-20th
year)

Jeevan Bharati
(PLAN 160)
Today’s woman
Deserves
Something Special
Amount payable on unfortunate death during
the term of the policy
 On death during the first 5 policy years -
An amount equal to basic sum assured plus vested
Guaranteed Additions @ Rs. 50 per thousand sum-
assured.
 On death after first 5 policy years –
An amount equal to the Basic Sum Assured, plus
vested Guaranteed Additions @ Rs. 50 per thousand
sum-assured plus reversionary bonuses, as declared
from the 6th
year onwards.
 Survival benefits already paid shall not be
deducted from the claim payment, in even of death.

Jeevan Bharati
(PLAN 160)
Today’s woman
Deserves
Something Special
• Female Critical Illness (FCI) benefit
An amount equal to the Sum Assured
(subject to a maximum of Rs 2 lakhs will
be payable on the occurrence of any one
of the following Critical Illnesses-
• Breast Cancer
• Ovarian / Fallopian Tube cancer
• Cervical cancer
• Uterine cancer
• Vaginal / Vulval cancer

Jeevan Bharati
(PLAN 160)
Today’s woman
Deserves
Something Special
Congenital Disabilities Benefit (CDB)
An amount equal to 50% of the Sum Assured
(subject to a maximum of Rs 100000) will be
payable on the birth of the child with any of seven
predefined Congenital Disabilities.
This benefit will be available for two children. The
cover will be provided where age at entry of life
assured is 35 years or below, and will be available
till the life assured attains 40 years of age.
Diseases covered for new born babies are Downs
Syndrome, Spina Bifida, Tetralogy of fallot,
Oesophageal Atresia & Tracheo-oesophagaeal
Fistula, Anal Atresia, Imperforate anus, Cleft
Palate with or without Cleft Lip

Jeevan Bharati
(PLAN 160)
Today’s woman
Deserves
Something Special
Age at entry: 25 years Policy Term: 20 years
Sum Assured: Rs.1 Lakh. Annual Premium: Rs.7,345/- up to
age 41 years next birthday and Rs.7,085/- thereafter.
Year
Total
premiu
ms paid
till end
of year
Benefits payable on survival to the end of year
Guarante
ed
Variable Total
Scenario 1 Scenario 2 Scenario 1 Scenario 2
1 7,345 0 0 0 0 0
2 14,690 0 0 0 0 0
3 22,035 0 0 0 0 0
4 29,380 0 0 0 0 0
5 36,725 20,000 0 0 20,000 20,000
6 44,070 0 0 0 0 0
7 51,415 0 0 0 0 0
8 58,760 0 0 0 0 0
9 66,105 0 0 0 0 0
10 73,450 20,000 0 0 20,000 20,000
15 1,10,175 20,000 0 0 20,000 20,000
20 1,45,860 65,000 53,500 1,31,500 1,18,500 1,96,500

Jeevan Bharati
(PLAN 160)
Today’s woman
Deserves
Something Special
Age at entry: 25 years Policy Term: 20 years
Sum Assured: Rs.1 Lakh. Annual Premium: Rs.7,345/- up to
age 41 years next birthday and Rs.7,085/- thereafter.
Yea
r
Total
premiums
paid till
end of year
Death Benefit during the year
Guarante
ed
Variable Total
Scenar
io 1
Scenario
2
Scenario 1 Scenario 2
1 7,345 1,00,000 0 0 1,00,000 1,00,000
2 14,690 1,05,000 0 0 1,05,000 1,05,000
3 22,035 1,10,000 0 0 1,10,000 1,10,000
4 29,380 1,15,000 0 0 1,15,000 1,15,000
5 36,725 1,20,000 0 0 1,20,000 1,20,000
6 44,070 1,25,000 2,500 6,100 1,27,500 1,31,100
7 51,415 1,25,000 5,000 12,200 1,30,000 1,37,200
8 58,760 1,25,000 7,500 18,300 1,32,500 1,43,300
9 66,105 1,25,000 10,000 24,400 1,35,000 1,49,400
10 73,450 1,25,000 12,500 30,500 1,37,500 1,55,500
15 1,10,175 1,25,000 25,000 61,000 1,50,000 1,86,000
20 1,45,860 1,25,000 53,500 1,31,500 1,78,500 2,56,500

Jeevan Bharati
(PLAN 160)
Today’s woman
Deserves
Something Special
• The illustration are applicable to a non-smoker
male/female standard (from medical, life style and
occupation point of view) life.
• 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. 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.
• 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.
• Future bonus will depend on future profits and as such is
Guaranteed. However, once bonus is declared in any year
and added to the policy, the bonus so added is guaranteed.

Jeevan Bharati
(PLAN 160)
Today’s woman
Deserves
Something Special
Are CDB and FCI benefits optional?
No, these benefits are not optional.
In case, I am unable to continue my policy, can I surrender my
policy? How much SV is payable?
The policy may be surrendered if it is in force for 3 years
or more. GSV is 30% of the basic premiums paid
excluding the first year’s premium, any extra premiums
and premiums towards Accident Benefit, FCI and CDB.

In practice, LICI pays SSV- equal to or more than GSV.
This value will depend on the duration for which
premiums have been paid and the policy duration at the
date of surrender. In some circumstances, in case of early
termination of the policy, the surrender value payable
may be less than the total premium paid.

Jeevan Bharati
(PLAN 160)
Today’s woman
Deserves
Something Special

Lic jeevan bharti 160

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Lic jeevan bharti 160