No Description of Policies Years

Amount 05 lakhs Invested with yearly options for payout

PMVVY Premature exit is allowed during policy term under exceptional
PMVVY 10
05Lakhs circumstances like Critical/Terminal illness of self or spouse . Surrender
Value payable in such cases is 98% of Purchase Price.

Amount 10 lakhs Invested with yearly options for payout

PMVVY Premature exit is allowed during policy term under exceptional
circumstances like Critical/Terminal illness of self or spouse . Surrender PMVVY
10
10Lakhs
Value payable in such cases is 98% of Purchase Price.

Purchase Price:Rs. 10 lakh (excluding applicable taxes) Age of Annuitant at entry :45 years
(lbd) Annuity Mode:Yearly , Deferment Period:20 years (applicable for Deferred Annuity only) Years
Age of Secondary Annuitant at entry:35 years (lbd) (applicable for Joint life annuity only)

Annuity Option Annuity Amount (Rs.)

Immediate Annuity:
Option A Option A: Immediate Annuity for life 74,300.00 10
Option B Option B: Immediate Annuity with guaranteed period of 5 years and life
thereafter
74,200.00 5

Option C Option C: Immediate Annuity with guaranteed period of 10 years and life
thereafter
73,900.00 10

Option D Option D: Immediate Annuity with guaranteed period of 15 years and life
thereafter
73,500.00 15

Option E Option E: Immediate Annuity with guaranteed period of 20 years and life
thereafter
72,900.00 20
Option F Option F: Immediate Annuity for life with return of Purchase Price 67,700.00 10
Option G Option G: Immediate Annuity for life increasing at a simple rate of 3% p.a 56,200.00 20

Option H Option H: Joint Life Immediate Annuity for life with a provision for 50% of the
annuity to the Secondary Annuitant on death of the Primary Annuitant
71,100.00 20

Option I: Joint Life Immediate Annuity for life with a provision for 100% of the
Option I annuity payable as long as one of the Annuitant survives
65,600.00 20
Option J: Joint Life Immediate Annuity for life with a provision for 100% of the
Option J annuity payable as long as one of the Annuitant survives and return of Purchase 65,600.00 10
Price on death of last survivor
Other Optioon J with 5Lakhs family version 33,500.00 10
Deferred Annuity:
Option 1: Deferred annuity for Single life 206,600.00
Option 2: Deferred annuity for Joint life 227,200.00
Death Benefit: Death Benefit (applicable only in case of Deferred
Annuity) shall be:Higher of Purchase Price plus Accrued Guaranteed
Additions (as specified below) minus Total annuity payments made till
date of death, if any Or 110% of Purchase Price
 Return of
Total Amount Period Period Period Period Period
Death Benefit Principal
as per Policy Amount Year1 Year2 Year3 Year4 Year5

915,000.00 None 500,000.00 41,500.00 41,500.00 41,500.00 41,500.00 41,500.00

1,830,000.00 None 1,000,000.00 83,000.00 83,000.00 83,000.00 83,000.00 83,000.00

Return
Total Amount Death Benefit of Principal
1 2 3 4 5
as per Policy
Amount

949,600.00 206,600.00 Nil 74,300.00 74,300.00 74,300.00 74,300.00 74,300.00

1,690,600.00 206,600.00 Nil 74,200.00 74,200.00 74,200.00 74,200.00 74,200.00

945,600.00 206,600.00 Nil 73,900.00 73,900.00 73,900.00 73,900.00 73,900.00

1,309,100.00 206,600.00 Nil 73,500.00 73,500.00 73,500.00 73,500.00 73,500.00

1,664,600.00 206,600.00 Nil 72,900.00 72,900.00 72,900.00 72,900.00 72,900.00

1,677,000.00 1,000,000.00 67,700.00 67,700.00 67,700.00 67,700.00 67,700.00
1,737,315.05 227,200.00 Nil 56,200.00 57,886.00 59,622.58 61,411.26 63,253.60

938,200.00 227,200.00 Nil 35,550.00 35,550.00 35,550.00 35,550.00 35,550.00

1,539,200.00 227,200.00 Nil 65,600.00 65,600.00 65,600.00 65,600.00 65,600.00

1,656,000.00 1,000,000.00 65,600.00 65,600.00 65,600.00 65,600.00 65,600.00

835,000.00 500,000.00 33,500.00 33,500.00 33,500.00 33,500.00 33,500.00

Nil
 Period Period Period Period Period Period Period Period Period
Year6 Year7 Year8 Year9 Year10 Year11 Year12 Year13 Year14

41,500.00 41,500.00 41,500.00 41,500.00 41,500.00 Nil Nil Nil Nil

83,000.00 83,000.00 83,000.00 83,000.00 83,000.00 Nil Nil Nil Nil

6 7 8 9 10 11 12 13 14

74,300.00 74,300.00 74,300.00 74,300.00 74,300.00

74,200.00 74,200.00 74,200.00 74,200.00 74,200.00 74,200.00 74,200.00 74,200.00 74,200.00

73,900.00 73,900.00 73,900.00 73,900.00 73,900.00

73,500.00 73,500.00 73,500.00 73,500.00 73,500.00 73,500.00 73,500.00 73,500.00 73,500.00

72,900.00 72,900.00 72,900.00 72,900.00 72,900.00 72,900.00 72,900.00 72,900.00 72,900.00

67,700.00 67,700.00 67,700.00 67,700.00 67,700.00
65,151.20 67,105.74 69,118.91 71,192.48 73,328.25 75,528.10 77,793.94 80,127.76 82,531.59

35,550.00 35,550.00 35,550.00 35,550.00 35,550.00 35,550.00 35,550.00 35,550.00 35,550.00

65,600.00 65,600.00 65,600.00 65,600.00 65,600.00 65,600.00 65,600.00 65,600.00 65,600.00

65,600.00 65,600.00 65,600.00 65,600.00 65,600.00

33,500.00 33,500.00 33,500.00 33,500.00 33,500.00

 Period Period Period Period Period Period
Year15 Year16 Year17 Year18 Year19 Year20

Nil Nil Nil Nil Nil Nil

Nil Nil Nil Nil Nil Nil

15 16 17 18 19 20

74,200.00 74,200.00 74,200.00 74,200.00 74,200.00 74,200.00

73,500.00

72,900.00 72,900.00 72,900.00 72,900.00 72,900.00 72,900.00

85,007.54 87,557.77 90,184.50 92,890.04 95,676.74 98,547.04

35,550.00 35,550.00 35,550.00 35,550.00 35,550.00 35,550.00

65,600.00 65,600.00 65,600.00 65,600.00 65,600.00 65,600.00

The Plan provides immediate pension for senior citizens 60 years and above .It can be purchased by
paying a lumpsum amount . The plan provides for pension payments of stated amount for the policy
term of 10 years, with return of purchase price at the end of 10 years.

Pension payment modes are available : Monthly / Quarterly/Half-yearly /Yearly. Pension will be paid
Medical
at the end of each No as
period medical examination
per payment is required.
mode chosen starts as early as next month if monthly mode
is chosen. Premature exit is allowed during policy term under exceptional
Surrender
On the death of Value circumstances
the pensioner like during
at any time Critical/Terminal illness
the term of 10 years,ofthe
self or spouse
purchase price. Surrender
will be
Value payable in such cases is 98% of the Purchase Price.
refunded to the legal heirs/nominees.
Loan is available under the policy after completion of 3 policy years.
Loan
Maximum loan granted will be 75% of the purchase price.

Pension payment modes are available :

Terms and Monthly / Quarterly/Half-yearly /Yearly
Conditions Pension will be paid at the end of each period as per payment mode chosen
starts as early as next month if monthly mode is chosen.
On the death of the pensioner at any time during the term of 10 years, the
purchase price will be refunded to the legal heirs/nominees.
 Minimum and maximum Purchase price under different modes of Pension:
Mode of Pension Minimum Purchase Price
Yearly 144,578.00
Half-Yearly 147,601.00
Quarterly 149,068.00
Monthly 150,000.00

Minimum and maximum Pension under different modes of Pension:

Mode of Pension Maximum Purchase Price(Rs)
Yearly 1,445,783.00
Half-Yearly 1,476,015.00
Quarterly 1,490,683.00
Monthly 1,500,000.00

Mode of Pension Effective Pension Rate per annum for rs. 1000/- purchase p
Yearly 83.00 p.a
Half-Yearly 81.30 p.a
Quarterly 80.50 p.a
Monthly 80.00 p.a

Invested Amount Interest per annum

1 500,000.00 8.30
2 1,000,000.00 8.30
3 1,500,000.00 8.30
 odes of Pension:
Corresponding Pension Amount
12,000 per annum
6,000 Half year
3,000 per Qtr.
1,000 per month

of Pension:
Corresponding Pension Amount Interest P x R x T/100
1,20,000 per annum 8.30 119999.989
60,000 per half year 8.13 60000.00975
30,000 per Qtr. 8.05 29999.995375
10,000 per month 8.00 10000

Rate per annum for rs. 1000/- purchase price

Amount per annum

41,500.00
83,000.00
124,500.00
LIC Jeevan Shanti
It is an Annuity plan which has option of purchasing both Immediate and Deferred annuity and can be purchased o
The plan provides for annuity payments of a stated amount throughout the life time of the annuitant. There is opti
specified options. Loan will be available under the policy.
Online Incentive
Immediate Annuity
Deferred Annuity
Single Premium

Purchase Limits

Incentive for High Purchase Price

Age Limits

Medical

Annuity Mode

You may choose any one from the below mentioned annuity
options for Immediate Annuity

Deferred Annuity
 g both Immediate and Deferred annuity and can be purchased only by paying a lump sum amount.
d amount throughout the life time of the annuitant. There is option for surrender of policy under
policy.
Rebate of 2% by way of increase in the basic annuity rate will be available.
Starts as early as next month.
Available after Deferment of Minimum 1 year and Maximum 20years.
Pay - Once - Enjoy - Forever
Minimum purchase price : Rs.1,50,000/-
No maximum limits for purchase price, annuity etc.
If your purchase price is Rs. 5,00,000/- or more, you will receive higher amount of
annuity due to available incentives.
Minimum age at entry: 30 years
Maximum age at entry: 85 years and 79 for Deferred annuity
Age proof is necessary
No medical examination is required.
Annuity may be paid either at monthly, quarterly, half yearly or yearly intervals. You
may opt any mode of payment of Annuity.

(i). Annuity payable for life at a uniform rate.

(ii). Annuity payable for 5, 10, 15 or 20 years certain and thereafter as long as the
annuitant is alive.
(iii). Annuity for life with return of purchase price on death of the annuitant.
(iv). Annuity payable for life increasing at a simple rate of 3% p.a.
(v). Annuity for life with a provision of 50% of the annuity payable to spouse during
his/her lifetime on death of the annuitant.
(vi). Annuity for life with a provision of 100% of the annuity payable to spouse during
his/her lifetime on death of the annuitant.
(vii). Annuity for life with a provision of 100% of the annuity payable to spouse during
his/ her life time on death of annuitant. The purchase price will be returned on the
death of last survivor.

(i). Deferred annuity for Single life

(ii). Deferred annuity for Joint life
Please note - Once chosen, the option cannot be altered.
Rs.10,00,000/-
Yearly annuity amount under annuity option
Age last A B C D E F
birthday (ii)
(i) (iii) (iv) (v) (vi)
(15 yrs certain)
30 70,134.00 69,828.00 66,156.00 51,060.00 69,012.00 67,890.00
40 73,194.00 72,684.00 66,462.00 54,528.00 71,460.00 69,828.00
50 79,212.00 77,784.00 66,870.00 60,954.00 76,254.00 73,500.00
60 90,942.00 86,250.00 67,482.00 72,888.00 85,638.00 80,844.00
70 114,912.00 97,878.00 68,502.00 97,062.00 105,120.00 96,858.00
80 182,640.00 104,508.00 70,032.00 162,648.00 156,834.00 137,556.00
 Rs.10,00,000/-
G

(vii) Age last Deferement Period

birthday
66,054.00 5 10 15
66,258.00 30 89,718.00 121,950.00 166,116.00
66,564.00 35 90,330.00 123,684.00 168,564.00
67,074.00 40 91,146.00 125,724.00 170,808.00
67,992.00 45 92,166.00 128,172.00 172,236.00
69,216.00 50 93,594.00 130,824.00 172,848.00
55 95,328.00 134,088.00 169,176.00
60 97,674.00 137,352.00 156,222.00
65 101,040.00 136,230.00 137,556.00
70 105,426.00 127,050.00 N.A.
75 108,486.00 N.A. N.A.
Period

20
220,278.00
220,380.00
217,626.00
210,690.00
196,104.00
173,562.00
149,592.00
N.A.
N.A.
N.A.
Option F and Option J has surrender values

with options of single and Joint Life

1000000 8
80000