LIC's Nivesh Plus (Plan No.

749)

Benefit Illustration

LIC's Nivesh Plus (Plan No. 749)

A Non-Par, Linked, Life, Individual Savings Plan
(Unique Identification Number - 512L317V02)

Distribution channel Offline Agency name PRADEEP KUMAR GOEL Agency code 0265325J
Name of prospect SUDEEP GOEL Age of prospect 12 years Date of illustration 23-10-2024
Name of life assured DARSH GOEL Age of life assured 12 years Benefit UID
Mode of payment of
Policy term 15 years Premium paying term 1 years Single
premium
Sum assured 1,62,500 Single premium 1,30,000.00 GST rate 18.00%
Investment strategy
Fund opted Growth fund Risk level High risk Self managed
opted for
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.

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 LIC's Nivesh Plus (Plan No. 749)

Part A:

(Amount in rupees)

At 4% p.a. gross investment return At 8% p.a. gross investment return

Other Other
charges charges
(including (including
GST GST
Single FMC and FMC and
Policy year (excluding (excluding
premium GST on GST on
Mortality GST on Fund at end Surrender Death Mortality GST on Fund at end Surrender Death
FMC but FMC but
charges FMC and of year value benefit charges FMC and of year value benefit
excluding discontinua excluding discontinua
discontinua nce charge) discontinua nce charge)
nce charge nce charge
and its and its
GST)* GST)*
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14)

1 130000 21 6296 776 127868 124850 162500 20 6337 776 132788 129720 162500

2 0 23 2053 4 130865 128564 162500 18 2176 3 141135 138834 162500

3 0 25 2101 5 133930 132396 162500 14 2313 3 150012 148478 162500

4 0 26 2150 5 137067 136300 162500 8 2459 1 159457 158690 162500

5 0 25 2200 4 140280 140280 162500 1 2613 0 169506 169506 169506

6 0 23 2252 4 147470 147470 162500 0 2778 0 184089 184089 184089

7 0 16 2368 3 150939 150939 162500 0 3017 0 195691 195691 195691

8 0 12 2423 2 154495 154495 162500 0 3207 0 208024 208024 208024

9 0 8 2480 1 158140 158140 162500 0 3409 0 221135 221135 221135

10 0 3 2539 1 167076 167076 167076 0 3624 0 240272 240272 240272

11 0 0 2683 0 171028 171028 171028 0 3938 0 255415 255415 255415

12 0 0 2746 0 175074 175074 175074 0 4186 0 271513 271513 271513

13 0 0 2811 0 179215 179215 179215 0 4450 0 288625 288625 288625

14 0 0 2877 0 183454 183454 183454 0 4730 0 306815 306815 306815

15 0 0 2945 0 194293 194293 194293 0 5028 0 332652 332652 332652

*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

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 LIC's Nivesh Plus (Plan No. 749)

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 1(8) Schedule III of IRDAI(Actuarial, Finance and Investment functions)
Regulations, 2024) 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 I, ________________________________________ (name), having received

the premiums, charges and benefits under the product fully to the the information with respect to the above, have understood the above statement
prospect/policyholder. before entering into the contract.
Place : Place :
Date : Signature of agent/intermediary/official of the insurer Date : Signature of prospect/policyholder

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 LIC's Nivesh Plus (Plan No. 749)

Part B:

(Amount in rupees)

Gross yield (p.a.) 8.00% Net yield (p.a.) 6.76%

GST
Single (excluding
Premium premium Accident FMC
GST on Policy
Single allocation less Mortality benefit Addition to Fund (including Fund after Guarantee Fund at Surrender Death
Policy year FMC and admin
premium charge premium charge rider the fund before FMC tax charge FMC d addition end of year value benefit
discontinu charge
(PAC) allocation charge on FMC)
ance
charge charge)
(12)=(10)-
(1) (2) (3) (4)=(2)-(3) (5) (6) (7) (8) (9) (10) (11) (13) (14) (15) (16)
(11)
1 130000 4290 125710 20 776 0 0 9921 134835 2047 132788 0 132788 129720 162500

2 0 0 0 18 3 0 0 10544 143311 2176 141135 0 141135 138834 162500

3 0 0 0 14 3 0 0 11207 152325 2313 150012 0 150012 148478 162500

4 0 0 0 8 1 0 0 11913 161915 2459 159457 0 159457 158690 162500

5 0 0 0 1 0 0 0 12663 172119 2613 169506 0 169506 169506 169506

6 0 0 0 0 0 0 0 13461 182967 2778 180189 3900 184089 184089 184089

7 0 0 0 0 0 0 0 14619 198708 3017 195691 0 195691 195691 195691

8 0 0 0 0 0 0 0 15541 211232 3207 208024 0 208024 208024 208024

9 0 0 0 0 0 0 0 16520 224545 3409 221135 0 221135 221135 221135

10 0 0 0 0 0 0 0 17561 238696 3624 235072 5200 240272 240272 240272

11 0 0 0 0 0 0 0 19081 259353 3938 255415 0 255415 255415 255415

12 0 0 0 0 0 0 0 20284 275699 4186 271513 0 271513 271513 271513

13 0 0 0 0 0 0 0 21562 293075 4450 288625 0 288625 288625 288625

14 0 0 0 0 0 0 0 22921 311546 4730 306815 0 306815 306815 306815

15 0 0 0 0 0 0 0 24365 331181 5028 326152 6500 332652 332652 332652

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 LIC's Nivesh Plus (Plan No. 749)

(Amount in rupees)

Gross yield (p.a.) 4.00%

GST
Single (excluding
Premium premium Accident FMC
GST on Policy
Single allocation less Mortality benefit Addition to Fund (including Fund after Guarantee Fund at Surrender Death
Policy year FMC and admin
premium charge premium charge rider the fund before FMC tax charge FMC d addition end of year value benefit
discontinu charge
(PAC) allocation charge on FMC)
ance
charge charge)
(12)=(10)-
(1) (2) (3) (4)=(2)-(3) (5) (6) (7) (8) (9) (10) (11) (13) (14) (15) (16)
(11)
1 130000 4290 125710 21 776 0 0 4961 129874 2006 127868 0 127868 124850 162500

2 0 0 0 23 4 0 0 5077 132917 2053 130865 0 130865 128564 162500

3 0 0 0 25 5 0 0 5196 136031 2101 133930 0 133930 132396 162500

4 0 0 0 26 5 0 0 5318 139217 2150 137067 0 137067 136300 162500

5 0 0 0 25 4 0 0 5442 142480 2200 140280 0 140280 140280 162500

6 0 0 0 23 4 0 0 5570 145822 2252 143570 3900 147470 147470 162500

7 0 0 0 16 3 0 0 5855 153307 2368 150939 0 150939 150939 162500

8 0 0 0 12 2 0 0 5993 156918 2423 154495 0 154495 154495 162500

9 0 0 0 8 1 0 0 6135 160620 2480 158140 0 158140 158140 162500

10 0 0 0 3 1 0 0 6279 164415 2539 161876 5200 167076 167076 167076

11 0 0 0 0 0 0 0 6634 173711 2683 171028 0 171028 171028 171028

12 0 0 0 0 0 0 0 6791 177820 2746 175074 0 175074 175074 175074

13 0 0 0 0 0 0 0 6952 182026 2811 179215 0 179215 179215 179215

14 0 0 0 0 0 0 0 7116 186331 2877 183454 0 183454 183454 183454

15 0 0 0 0 0 0 0 7285 190738 2945 187793 6500 194293 194293 194293

Notes:

1. Refer the sales literature for explanation of terms used in this illustration.
2. Fund management charge is based on the specific fund option(s) chosen.
3. In case rider charges are collected explicitly through collection of rider premium, and not by way of cancellation of units, then such charges are not considered in this
illustration. In other cases, rider charges are included in other charges.
4. In case LIC's Accidental Death Benefit rider is opted for, rider charges are included in other charges under Part A. However, under Part B, accident benefit rider charge is
shown separately.
5. 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

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 LIC's Nivesh Plus (Plan No. 749)

frequency/conditions detailed in sales brochure/policy document.

6. 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.
7. 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.
8. 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.
9. Tax charge (currently GST) is subject to change from time to time.
10. 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.
11. 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.
12. In addition to death benefit, accident benefit sum assured is payable as per terms and conditions of the policy if LIC's Accidental Death Benefit rider is opted for and death
occurs due to accident.
13. 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.
14. For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale.

I, ________________________________________ (name), have explained I, ________________________________________ (name), having received

the premiums, charges and benefits under the product fully to the the information with respect to the above, have understood the above statement
prospect/policyholder. before entering into the contract.
Place : Place :
Date : Signature of agent/intermediary/official of the insurer Date : Signature of prospect/policyholder

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