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LICS PENSION PLUS

TABLE NO 803

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LICS PENSION PLUS A unique Unit Linked Pension Plan with

guarantee on the minimum rate ofinterest.

Rate of Interest applied to gross

premium. Being a ULIP plan the fund has

immense possibility for growth.

Benefit of Annuity from MaturityProceeds.

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LICS PENSION PLUSBenefit on Maturity :

Annuity purchased from Fund Value or

Guaranteed Maturity Proceedswhichever is higher.

Option to commute 1/3rd

. of theMaturity Proceeds.

Benefit on death - Fund Value.Nominee has the option to receive the

amount in lump Sum or as Annuity.

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Guaranteed Maturity Proceeds: If all duepremiums are paid till maturity, a guaranteedinterest shall accrue on the gross premium,including Top-up premiums, at the end of eachfinancial year. The guaranteed interest rate shall

be 50 basis points above the average of thereverse repo rate prevailing as on the lastworking day of June, September, December and

March of the preceding year.However, the guaranteed interest rate shall besubject to a maximum of 6% and a minimum of

3%. This guaranteed interest rate is not applicableto a discontinued policy.

The minimum guaranteed rate of 4.5% p.a. is

applicable to all premiums received up to 31stMarch, 2011, includin an To -u remiums aid.

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NASum Assured

No limit1 lac1 lacMaximum

` 30000` 1500 pm` 15000 paMinimum

SPMLY (ECS)RPMode -Prem

ium

10 yearsMinimum

Deferment

Term

40 to 85 yearsAge at vesting

18 to 75 yearsAge at entry

PENSION PLUS : ELIGIBILITY CONDITIONS

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` 50/- for alteration.Miscellaneous charge

2 switches free . ` 100 thereafterSwitching Charge

Debt Fund 0.70% p.a.Mixed Fund 0.80% p.a.

Fund ManagementCharge

` 30/-pm during the first policy year and` 30/- pm escalating at the rate of 3%pa. thereafter

Policy Administration

Charge

Top-up premium: 1.25%

2.50%Thereaft

er

4.50%2nd

to 5th

6.75%1st

3.3%

ChargeYear

Single Premium

Regular Premium

Premium

AllocationCharge

PENSION PLUS : CHARGES

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Pension Plus Other features If premiums are not paid within days of

grace life assured has to exercise option

to (i) Revive the policy or

(ii) Withdraw the policy.

Revival: Payment of Arrears withoutInterest.

Withdrawal : On Withdrawal, Monetary

Value is due. 1/3rd of the Monetary Valuecan be commuted, Balance is used forAnnuity.

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Pension Plus Other features Withdrawal before 5 years: Monetary Value is

calculated on the date of termination. Theamount so calculated will earn interest @3.5% p.a. from date of withdrawal to

completion of 5 years and will be due only oncompletion of 5 years from the date ofcommencement.

Withdrawal after 5 years : Fund Value is due.

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Pension Plus Other features

Two free switches per year.

Top-up premiums allowed except

during the last 5 years of Maturity. Partial Withdrawal Not allowed.

Surrender allowed. Discontinuancecharges applicable for the first 5 years.

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NILNILNILNIL5abo

ve

2000/-2%750/-3%44000/-3%1250/-5%3

5000/-4%1750/-7%2

6000/-6%2500/-10%1

MaximumAnnualisedPremium or FV

MaximumAnnualisedPremium or FundValue

Discontinuance charges shall belower of

Discontinuance charges shall be lowerof

Annualized premium above `25,000/-

Annualized premium up to `25,000/-

Disc

onti

nuan

ce

Year

PENSION PLUS: DICONTINUANCE

CHARGES

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Why Pension Plus Minimum Interest Guaranteed. This

protects against fluctuation of interest due

to policies of the government in the distantfuture.

Since individuals in Private Employment

and those engaged in Business do nothave pension security, Pension Plus fulfils

their need for a secured future.

Being Market Linked, the plan has

possibility of getting excellent returns.

Easy Purchase.

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Why Pension Plus Convenient modes of payment , Single

Premium mode also available. Compulsory purchase of Annuity ensures

channelisation of funds for specific

purpose.

Regular income from the commencement of

annuity.

Thank You !