It has been decided to introduce LIC’s Jeevan Varsha (Plan No. 196) a close ended plan which would be open for sale from 16th February, 2009 to 31st March, 2009.

The Unique Identification Number (UIN) for this plan is 512N254V01.This number has to be quoted in all relevant documents furnished to the Policyholders and other users (public, distribution channels).

1. Introduction: LIC’s Jeevan Varsha is a money back plan with Guaranteed Additions and Loyalty Additions, if any. The benefits and other details of this plan are given below.

2. Benefits:

a) Death Benefit:

• On death during the policy term excluding last policy year: Sum Assured with accrued Guaranteed Additions.

• On death during last policy year: Sum Assured with accrued Guaranteed Additions along with Loyalty Addition, if any.

b) Survival Benefits:

Survival benefits will be payable as given below:

Percentage of Sum Assured under the basic plan

Survival to end of 9-year plan 12-year plan

3 years 15% 10%

6 years 25% 20%

9 years — 30%

c) Maturity Benefit:

• For policy term of 9 years: 60% of the Sum Assured along with Guaranteed Additions and Loyalty Addition, if any, will be payable.

• For policy term of 12 years: 40% of the Sum Assured along with Guaranteed Additions and Loyalty Addition, if any, will be payable.

d) Guaranteed Addition:

The Guaranteed Addition will accrue for each policy year at the following rates:

- Rs. 65 per thousand Sum Assured per year for a policy of 9 years term.

- Rs. 70 per thousand Sum Assured per year for a policy of 12 years term.

In case of a death claim or surrender of fully paid up policy (applicable for policy term of 12 years), the Guaranteed Additions for the policy year of death or surrender will be added fully.

In case of surrenders and paid-up policies, the Guaranteed Additions for the policy year in which the last premium is received will be added on proportionate basis. For example, if two months’ premiums have been received for the policy year, then 2/12th of the Guaranteed Additions for that policy year shall be added.

e) Loyalty Addition:

Depending upon the Corporation’s experience with regard to policies issued under this plan, the policy will be eligible for Loyalty Addition on death during the last policy year or on the Life Assured surviving the stipulated date of maturity at such rate and on such terms as may be declared by the Corporation.

3. Eligibility Conditions and Restrictions

a) Minimum Sum Assured: Rs.75,000/- for ECS monthly mode

Rs 50,000/- for other modes

b) Maximum Sum Assured: No limit

c) Minimum age at entry: 15 years completed.

d) Maximum age at entry: 66 years (nearest birthday) for policy of term 9 years

63 years (nearest birthday) for policy of term 12 years

e) Maximum age at maturity: 75 years nearest birthday

f) Policy Term: 9 & 12 years

g) Premium Paying Term: 9 years

The Sum Assured shall be in multiples of Rs. 5,000.

Age at entry for the life assured is to be taken as age nearest birthday except for the minimum age at entry i.e. 15 years.

4. Mode of Premium Payment:

Yearly, Half yearly, Quarterly and Monthly (through ECS only)

5. Premium Rates:

• The tabular premium rates per thousand Sum Assured are given in Annexure 1.

• The extra premium rates are given in Annexure 2.

6. Grace Period for Payment of Premium:

A grace period of one month but not less than 30 days will be allowed for payment of yearly or half-yearly or quarterly premiums and 15 days for monthly premiums.

If death occurs within this period and before the payment of the premium then due, the policy will still be valid and the Sum Assured shall be paid after deduction of the said premium as also unpaid premiums falling due before the next Policy anniversary.

If premium is not paid before the expiry of the days of grace, the Policy lapses.

7. Paid-Up Value:

If after at least 3 full years’ premiums have been paid in respect of this policy and any subsequent premium be not duly paid, this policy shall not be wholly void, but shall subsist as a paid-up policy for a reduced sum.

The Sum Assured of the policy shall be reduced to such a sum (called paid-up value), and shall bear the same proportion to the full Sum Assured as the number of premiums actually paid bears to the total number of premiums stipulated for in the policy, less any survival benefit paid.

The policy so reduced shall, thereafter be free from all liability for payment of the premiums, but shall not be entitled to the Guaranteed Additions from the due date of first unpaid premium. However, the accrued Guaranteed Additions will remain attached to the reduced paid-up policy.

Contact:

Onkar Investment Consultancy

Sewree, Mumbai – 400 015

Mobile: 9224416109, 9224453634, 9221708684

Jeevan Astha

LIC’s Jeevan Astha Plan

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Onkar Investment Consultancy

Mobile:9224453634,9224416109,9221708684

Hurry, offer closes on 22.01.2009

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Call for more details:

Raju Shinde

Investment/Insurance Advisor

AMFI certified Mutual Fund Advisor

Conctact: 9224416109, 9224453634, 9221708684

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Every individual has Dreams and Goals.

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Remember and don’t forget that in todays world your own MONEY is your only true friend and if you nurture your financial planning farm today with continous investments over long term, then tomorrow this farm will take care of your dreams and goals.

The Financial Market Offerings come in various names and forms like :

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Today all these products require professional and technical expertise and experience. Hence there is a definite edge in taking services from professional rather than thinking that you will be able to do all by yourself. It is most likely that you will be making a costly mistake on Money and Time.

We are a group of Professionals ourselves and also linked to Senior Professionals from Diverse Financial Product Segments from Corporate World. First we study you income profile and surplus disposable cash for investment on hand, your past investment profile, your future attainable financial plans for yourself and your family and work out suitable options.

We look forward to interact with you and help you achieve your Dreams and Goals.

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Regards

Raju Shinde

Financial Planner

Contact details : Onkar Investment Consultancy
Mobile: 9224416109,9224453634,9221708684,9320693200

(In the next writeup, we will provide excel sheets with user inputs to see the fiancial growth)

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ONKAR INVESTMENT CONSULTANCY

73g/29, KHIMJI VISHRAM, T.J. ROAD, SEWREE, MUMBAI-400015

CONTACT: 9224416109,9224453634,9221708684

EMAIL:shinderaju123@gmail.com

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