DETAILS OF PLAN :JIVAN SANCHAY

To fulfil the dreams with LIC...
TIMES CHANGE - NEEDS CHANGE
To meet the changing preferences of the customer, LIC is proud to present 'Jeevan Sanchay' - the New Money Back Plan that assures periodic payment of basic Sum Assured in instalments on survival with increasing LIFE COVER. 'Jeevan Sanchay' gives you a choice of 3 convenient terms - 12,20,25 years, and added attractive features like Guaranteed and Loyalty Addition. It enables you to provide for future necessities, to ensure the timely availability of funds for marriages, education, illness and any unforeseen contingency.

`Jeevan Sanchay' takes care of your future and MUCH MORE.
PLANS :
1) 12 Years (Table No.123) :
On survival, policy money will be payable in three instalments as under :
  • 20% of the Sum Assured at the end of 4 years.
  • Another 20% of the Sum Assured at the end of 8 years
  • Balance 60% of the Sum Assured alongwith Guaranteed & Loyalty Addition at the end of 12 years.

In case of unfortunate death at any time during the 12 years term, the full Sum Assured is payable irrespective of the instalments paid earlier. Accrued Guaranteed & Loyalty Addition, if any, will also be paid.
2) 15 Years (Table No.124) :
On survival, policy money will be payable as under. 
  • 25% of sum assured at the end of 5 years. 
  • 25% of sum assured at the end of 10 years. 
  • Balance 50% of sum assured along with Guaranteed and Loyalty Addition at the end of 15 years.

In case of any unfortunate death at any time during the 15 years term, the basic sum assured is payable irrespective of survival benefits already paid. Accrued Guaranteed & Loyalty Addition, if any, will also be paid. 
3) 20 Years(Table No.125):
On survival, policy money will be payable in four instalments as under :
  • 20% of the Sum Assured at the end of 5 years.
  • 2nd instalment - 20% of the Sum Assured at the end of 10 years.
  • 3rd instalment - 20% of the Sum Assured at the end of 15 years.
  • Balance 40% of the Sum Assured alongwith Guaranteed & Loyalty Addition at the end of 20 years.

In case of unfortunate death at any time during the 20 years term, the full Sum Assured is apyable irrespective of the instalments paid earlier. Accured Guaranteed & Loyalty Addition, if any, will also be paid.
4) 25 Years (Table No.126) :
On survival, policy money will be payable in five instalments as under :
  • 15% of the Sum Assured at the end of 5 years.
  • 2nd instalment - 15% of the Sum Assured at the end of 10 years.
  • 3rd instalment - 15% of the Sum Assured at the end of 15 years
  • 4th instalment - 15% of the Sum Assured at the end of 20 years.
  • Balance 40% of the Sum Assured along with Guaranted & Loyalty Addition at the end of 25 years.

In case of unfortunate death at any time during the 25 years term, the full Sum Assured is payable irrespective of the instalments paid earlier. Accured Guaranteed & Loyalty Addition, if any, will also be paid.
ADDED FEATURES
Jeevan Sanchay is a without profit plan, with attractive benefits - guaranteed and loyalty addition
  1. Guaranteed Addition :
    The Guaranteed Addition @ Rs.70/- per thousand Sum Assured payable for each completed policy year during which the policy was in force for the full Sum Assured. 
  2. Loyalty Addition(Final Payment) :
    If the premiums are paid for atleast 5 years, loyalty addition may become available alongwith claim payments. Actual loyalty addition would dpend on Corporation's working experience. 
  3. Accident Benefit :
    The Accident Benefit will be exclusively guaranteed under Jeevan Sanchay Plans, subject to a maximum of Rs.5,00,000/- only. 
MOST URGENT DETAILS :
1. Minimum age at entry : 14 years (completed)
2. Maximum age at entry : 58 years
3. Maximum age at maturity : 70 years
4. Minimum Sum Assured : Rs.25,000/-
5. Mode of payment of premium : Yly/Hly/Qly/Mly/Mly(SSS)
Contact information (....If you take your liabilities seriously please come to me................)
MR. ANILKUMAR K. MAKWANA,
14, Siddhi Society,
Nr. Vaijnath Mahadev,
Vejalpur,
Ahmedabad - 380 051.
Gujarat, India.		 Tel.No. : 091-79-6610178 / 6612069.
Fax.No.: 091-79-6610178.
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