LIC's NEW BIMA BACHAT PLAN Plan no-816

A Single Premium Money Back Plan for 9,12 & 15 years

1. Periodical survival benefits at the rate of 15% of the Sum assured paid every 3 years.
2. Prospects between the age of 15 years to 66 years can be insured.
3. Maximum age at maturity is 75 Years.
4. Loan facility available after 1 year.
5. Policy can be surrendered at any time during the policy term.
Maturity Benefits:
Single premium paid along with loyalty additions (if any) will be paid.


SURVIVAL BENEFIT (as a percentage of Sum Assured )

Year / Term 3RD 6TH 9TH 12TH 15th

9 15.00% 15.00% MATURITY


12 15.00% 15.00% 15.00% MATURITY


15 15.00% 15.00% 15.00% 15.00% MATURITY
Death Benefits:
(a) If the death occurs during the first five years sum assured is paid.
(b) If the death occurs after the completion of five years sum assured along with loyalty
additions if any is paid.
Plan Parameters:
Particulars Description High Sum Assured Rebates
Age at Entry 13 to 66 Yrs Term Sum Assured Band % of Tab.
Premium
Age at Maturity Maximum 75 Yrs 9 Years 75000 to less than 150000 6.00 %
Basic Sum Assured 150000 and above 8.00 %
Minimum Maximum 12 Years 100000 and less than
200000
4.00 %
Term All Terms 200000 and above 6.00 %
9 12 15 No Limit
35000 50000 70000
Assignment &
Nomination Facility
Available 15 Years 150000 and less than
300000
3.00 %
300000 and above 5.00%

Plan Open for sale
from 07/01/2014