LIC's Nivesh Plus (Plan No.

749)

Benefit Illustration

LIC's Nivesh Plus (Plan No. 749)

A Unit Linked, Non-participating, Single Premium, Individual, Life Insurance Plan
(Unique Identification Number - 512L317V02)

Distribution channel Offline Agency name Agency code

Name of prospect Mr. Sabibuddin Age of prospect 34 Date of illustration 21 Jan 2025
Name of life assured Mr. Sabibuddin Age of life assured 34 Benefit UID
Policy term 20 years Premium paying term One Pay Mode of payment of premium Single
Sum assured 250000 Single premium 200000 GST rate 18.00%
Fund opted Growth Fund Risk level Very high risk Investment strategy opted for Self managed
LIC's Linked ADB rider Not opted AB rider sum assured 0
Death benefit option 1 Sum assured multiple 1.25

How to read and understand this benefit illustration?

This benefit illustration is intended to show what charges are deducted from your premiums and how the unit fund, net of charges and taxes,
may grow over the years of the policy term if the fund earns a gross return of 8% p.a. or 4% p.a. These rates, i.e., 8% p.a. and 4% p.a. are
assumed only for the purpose of illustrating the flow of benefits if the returns are at this level. It should not be interpreted that the returns
under the plan are going to be either 8% p.a. or 4% p.a.

Net yield mentioned corresponds to the gross investment return of 8% p.a., net of all charges but does not consider mortality, morbidity
charges, underwriting extra, if any, guarantee charges and cost of riders, if deducted by cancellation of units. It demonstrates the impact of
charges exclusive of taxes on the net yield. Please note that the mortality charges per thousand sum assured in general, increases with age.

The actual returns can vary depending on the performance of the chosen fund, charges towards mortality, morbidity, underwriting extra, cost
of riders, etc. The investment risk in this policy is borne by the policyholder, hence, for more details on terms and conditions please read
sales literature carefully.

Part A of this statement presents a summary view of year-by-year charges deducted under the policy, fund value, surrender value and the
death benefit, at two assumed rate of return. Part B of this statement presents a detailed break-up of the charges, and other values.
Part A:
(Amount in rupees)
At 4%p.a. gross investment return At 8%p.a. gross investment return
Other Other
charges charges Commissio
(including GST (including GST n (incl.
FMC and (excluding FMC and (excluding bonus
Policy Single GST on GST on Fund at GST on GST on Fund at
year premium Mortality FMC but Surrender Death Mortality Surrender Death commission
FMC and end FMC but FMC and end
charges value benefit charges value benefit ) payable to
excluding discontinua of year excluding discontinua of year intermediar
discontinua nce discontinua nce y
nce charge charge) nce charge charge)
and its and its
GST)* GST)*
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15)
1 200000 85 9685 1203 196657 193117 250000 80 9749 1202 204229 200689 250000 -
2 0 82 3157 15 201211 198851 250000 64 3346 12 217022 214662 250000 -
3 0 79 3230 14 205875 204105 250000 46 3556 8 230644 228874 250000 -
4 0 76 3305 14 210654 209474 250000 23 3780 4 245152 243972 250000 -
5 0 72 3381 13 215551 215551 250000 2 4018 0 260600 260600 260600 -
6 0 67 3460 12 226569 226569 250000 0 4271 0 283025 283025 283025 -
7 0 47 3637 9 231872 231872 250000 0 4639 0 300862 300862 300862 -
8 0 38 3722 7 237311 237311 250000 0 4931 0 319824 319824 319824 -
9 0 27 3810 5 242891 242891 250000 0 5242 0 339981 339981 339981 -
10 0 13 3900 2 256621 256621 256621 0 5572 0 369408 369408 369408 -
11 0 0 4120 0 262691 262691 262691 0 6054 0 392690 392690 392690 -
12 0 0 4218 0 268904 268904 268904 0 6436 0 417439 417439 417439 -
13 0 0 4317 0 275265 275265 275265 0 6842 0 443748 443748 443748 -
14 0 0 4420 0 281776 281776 281776 0 7273 0 471715 471715 471715 -
15 0 0 4524 0 298441 298441 298441 0 7731 0 511444 511444 511444 -
16 0 0 4792 0 305500 305500 305500 0 8382 0 543678 543678 543678 -
17 0 0 4905 0 312726 312726 312726 0 8911 0 577943 577943 577943 -
18 0 0 5021 0 320123 320123 320123 0 9472 0 614368 614368 614368 -
19 0 0 5140 0 327695 327695 327695 0 10069 0 653088 653088 653088 -
20 0 0 5261 0 347446 347446 347446 0 10704 0 706249 706249 706249 -

*See 'Part B' for details

Force Majeure Conditions:
a. The Corporation shall value the funds (SFIN) on each day for which financial markets are open. However, the Corporation may value the
SFIN less frequently in extreme circumstances external to the Corporation, i.e. in force majeure events, where the value of the assets is
too uncertain. In such circumstances, the Corporation may defer the valuation of the assets for up to 30 days until the Corporation is
certain that the valuation of SFIN can be resumed.
b. The Corporation will inform IRDAI of such deferment of the valuation of assets. During the continuance of the force majeure events, all
requests for servicing the policy, including policy related payment, shall be kept in abeyance
c. The Corporation will continue to invest as per the investment pattern of the fund type opted by the policyholder. However, the Corporation
reserves the right to change the exposure of all or any part of the fund to money market instruments (as defined under Regulations 2(j) of
IRDAI(Investment) Regulations, 2016) in circumstances mentioned under points (a) and (b) above. The exposure of the chosen fund shall
be reinstated within reasonable timelines once the force majeure situation ends.
d. Few examples of such circumstances as mentioned in point (a) & (b) above are:
i. When one or more stock exchanges which provide a basis for valuation of the assets of the fund are closed otherwise than for ordinary
holidays.
ii. When, as a result of political, economic, monetary or any circumstances which are not in the control of the Corporation, the disposal of
the assets of the fund would be detrimental to the interests of the continuing policyholders.
iii. In the event of natural calamities, strikes, war, civil unrest, riots and bandhs.
iv. In the event of any force majeure or disaster that affects the normal functioning of the Corporation.
e. In such an event, an intimation of such force majeure event shall be uploaded on the Corporation’s website for information.

IN THIS POLICY, THE INVESTMENT RISK IS BORNE BY THE POLICYHOLDER AND THE ABOVE INTEREST RATES ARE ONLY FOR ILLUSTRATIVE
PURPOSE.

I, ___________________________(name), have explained the I, ___________________________(name), having received the

premiums, charges and benefits under the product fully to the information with respect to the above, have understood the above
prospect/policyholder. statement before entering into the contract.

Place: Place:
Date: Signature of agent/intermediary/official Date: Signature of prospect/policyholder
Part B:
(Amount in rupees)
Gross yield (p.a.) 8.00% Net yield (p.a.) 6.79%
GST
(excluding FMC
Premium
Single GST on Policy Addition Fund (including Fund Fund at
Policy Single allocation Mortality Guarantee Surrender Death
premium FMC and admin to before tax after end of
year premium charge charge d addition value benefit
less PAC discontinu charge the fund FMC charge FMC year
(PAC)
ance on FMC)
charge)
(1) (2) (3) (4)=(2)- (5) (6) (7) (8) (9) (10) (11)=(9)- (12) (13) (14) (15)
(3) (10)
1 200000 6600 193400 80 1202 0 15260 207378 3149 204229 0 204229 200689 250000
2 0 0 0 64 12 0 16215 220369 3346 217022 0 217022 214662 250000
3 0 0 0 46 8 0 17232 234201 3556 230644 0 230644 228874 250000
4 0 0 0 23 4 0 18315 248932 3780 245152 0 245152 243972 250000
5 0 0 0 2 0 0 19468 264618 4018 260600 0 260600 260600 260600
6 0 0 0 0 0 0 20695 281296 4271 277025 6000 283025 283025 283025
7 0 0 0 0 0 0 22476 305501 4639 300862 0 300862 300862 300862
8 0 0 0 0 0 0 23893 324755 4931 319824 0 319824 319824 319824
9 0 0 0 0 0 0 25398 345222 5242 339981 0 339981 339981 339981
10 0 0 0 0 0 0 26999 366980 5572 361408 8000 369408 369408 369408
11 0 0 0 0 0 0 29336 398744 6054 392690 0 392690 392690 392690
12 0 0 0 0 0 0 31185 423875 6436 417439 0 417439 417439 417439
13 0 0 0 0 0 0 33150 450589 6842 443748 0 443748 443748 443748
14 0 0 0 0 0 0 35240 478988 7273 471715 0 471715 471715 471715
15 0 0 0 0 0 0 37461 509176 7731 501444 10000 511444 511444 511444
16 0 0 0 0 0 0 40616 552060 8382 543678 0 543678 543678 543678
17 0 0 0 0 0 0 43176 586854 8911 577943 0 577943 577943 577943
18 0 0 0 0 0 0 45897 623840 9472 614368 0 614368 614368 614368
19 0 0 0 0 0 0 48789 663157 10069 653088 0 653088 653088 653088
20 0 0 0 0 0 0 51864 704953 10704 694249 12000 706249 706249 706249
(Amount in rupees)
Gross yield (p.a.) 4.00%
GST
(excluding FMC
Premium
Single GST on Policy Addition Fund (including Fund Fund at
Policy Single allocation Mortality Guarantee Surrender Death
premium FMC and admin to before tax after end of
year premium charge charge d addition value benefit
less PAC discontinu charge the fund FMC charge FMC year
(PAC)
ance on FMC)
charge)
(1) (2) (3) (4)=(2)- (5) (6) (7) (8) (9) (10) (11)=(9)- (12) (13) (14) (15)
(3) (10)
1 200000 6600 193400 85 1203 0 7630 199742 3085 196657 0 196657 193117 250000
2 0 0 0 82 15 0 7807 204367 3157 201211 0 201211 198851 250000
3 0 0 0 79 14 0 7988 209105 3230 205875 0 205875 204105 250000
4 0 0 0 76 14 0 8173 213959 3305 210654 0 210654 209474 250000
5 0 0 0 72 13 0 8363 218932 3381 215551 0 215551 215551 250000
6 0 0 0 67 12 0 8558 224029 3460 220569 6000 226569 226569 250000
7 0 0 0 47 9 0 8996 235509 3637 231872 0 231872 231872 250000
8 0 0 0 38 7 0 9206 241033 3722 237311 0 237311 237311 250000
9 0 0 0 27 5 0 9423 246701 3810 242891 0 242891 242891 250000
10 0 0 0 13 2 0 9645 252520 3900 248621 8000 256621 256621 256621
11 0 0 0 0 0 0 10190 266811 4120 262691 0 262691 262691 262691
12 0 0 0 0 0 0 10431 273122 4218 268904 0 268904 268904 268904
13 0 0 0 0 0 0 10678 279582 4317 275265 0 275265 275265 275265
14 0 0 0 0 0 0 10930 286195 4420 281776 0 281776 281776 281776
15 0 0 0 0 0 0 11189 292965 4524 288441 10000 298441 298441 298441
16 0 0 0 0 0 0 11851 310291 4792 305500 0 305500 305500 305500
17 0 0 0 0 0 0 12131 317631 4905 312726 0 312726 312726 312726
18 0 0 0 0 0 0 12418 325144 5021 320123 0 320123 320123 320123
19 0 0 0 0 0 0 12712 332835 5140 327695 0 327695 327695 327695
20 0 0 0 0 0 0 13012 340707 5261 335446 12000 347446 347446 347446

Notes:
1. Refer the sales literature for explanation of terms used in this illustration.
2. The above illustrations are for indicative purpose. The annual charges shown above are sum total of charges deducted throughout the
policy year as per the frequency/conditions detailed in sales brochure/policy document.
3. This illustration is prepared by considering standard life (from medical, life style and occupation point of view) and assuming LIC's Linked
Accidental Death Benefit rider is not opted for.
4. Fund at the start shall be the amount available for investment in the first year and prevoius year's end fund for rest of the years.
5. Above calculations have been performed considering deductions of mortality charge and tax charge on mortality charge at the start of
each policy month and deduction of FMC and Tax charge on FMC the end of each policy month.
6. Tax charge (currently GST) is subject to change from time to time.
7. Total death benefit is the amount payable immediately on death of the life assured, which is higher of (basic sum assured reduced by
partial withdrawal made during the two years period immediately preceding the date of death) or unit fund value, where basic sum
assured is (1.25 * single premium) for Option 1 and (10 * single premium) for Option 2.
8. The death benefit has been calculated assuming that death occurs on completion of the policy year and the option of partial withdrawal
has not been exercised.
9. The above illustration assumes the policy is surrendered on completion of the policy year after addition of guaranteed addition in unit
fund. In case the policy is surrendered on or before 5 years' lock-in-period, surrender value shown above equals unit fund value at the
end of policy year minus discontinuance charge minus tax charge on discontinuance charge. This amount shall be transferred to the
discontinued policy fund and the proceeds of the discontinued policy fund shall be payable on completion of 5 years' lock-in-period. In
case the policy is surrendered after expiry of 5 years' lock-in-period, the surrender value shall be payable immediately.
10. For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale.

I, ___________________________(name), have explained the I, ___________________________(name), having received the

premiums, charges and benefits under the product fully to the information with respect to the above, have understood the above
prospect/policyholder. statement before entering into the contract.

Place: Place:
Date: Signature of agent/intermediary/official Date: Signature of prospect/policyholder