LIC presents Jeevan Chhaya Attracti

( Plan 103)
ons
• Ideal Plan for making financial provision for
children’s higher education and/or marriage
and/or start-in-life.
• Guaranteed sums are paid per annum in the
last 4 years.
• Additional risk cover, at no extra cost, during t
term. In case of unfortunate death during the
Intro
term, basic sum assured is paid immediately
Featuresand guaranteed sums are paid on the
specified dates.
Benefits

Illustrations
Multiple benefits in one policy
 LIC presents Jeevan Chhaya Attracti
( Plan 103)
ons

• Inbuilt premium waiver benefit, at no extra cos

• Term can be so chosen to coincide guaranteed

sums with the when requirement arises.

• This is a with profit policy and bonuses are pa

Intro on date of maturity along with terminal bonus

Features
if any.

Benefits

Illustrations Combines well with Money Back Policies for regular cash flow
 LIC presents Jeevan Chhaya Featu
( Plan 103)
res
For how many years is
Who can avail of this plan? premium payable ?
Those aged between 18 You can choose premium
years (completed) and 45 payment terms between
years (near birthday)
birthday 18 and 25 years.
Premium is payable
throughout the policy
For what sums is insurance What is the maximum age at
term.
available under this plan ? maturity permissible?
Intro
Minimum Rs. 50,000. The maximum age at
Features Maximum : no limit, but maturity permissible under
depends upon income this plan is 65 years.
Benefits

Illustrations
 LIC presents Jeevan Chhaya Featu
( Plan 103)
res
Special Features

This policy is available under non-medical

scheme up to sum assured of Rs.1 lakh, if
the prospect parent is having a child of
less than one year of age as on date of
registering the proposal.
Intro

Features
This non-medical limit is inclusive of non-
medical considered under the other plans.
Benefits

Illustrations
 LIC presents Jeevan Chhaya
Guaranteed Benefits :
Schedule
( Plan 103)
Policy term 25% of Sum 25% of Sum 25% of Sum 25% of Sum Assured
in Assured Assured Assured plus Vested Bonus plus
years payable payable payable Terminal Bonus (if any)
after ... after ... after ... payable after …..years
years years years

18 15 16 17 18
19 16 17 18 19
20 17 18 19 20
21 18 19 20 21
22 19 20 21 22
Intro
23 20 21 22 23

Features 24 21 22 23 24
25 22 23 24 25
Benefits

Illustrations Select a term so that the guaranteed payments coincide with

The requirements of your child’s education and/or marraige
 LIC presents Jeevan Chhaya Benef
( Plan 103)
its
Death Cover
Natural:
Besides the guaranteed fixed benefits in the last 4 years, an
additional amount equal to the Sum assured will be paid on the
death of the policy holder during the term. Future premiums ,
falling due from the policy anniversary following the date of
death will stand waived.
Accidental:
Intro Payment of double the Sum assured plus the guaranteed fixed
benefits during the last 4 years. Future premiums, falling due
Features from the policy anniversary following the date of death will
stand waived.
Benefits

Illustrations
Elements of Money Back and Jeevan Mitra
 LIC presents
Illustration 1 (Table 103) Age at entry : 35 Years
Jeevan Policy Term : 25 Years Mode of premium payment : Yea
Chhaya Sum Assured : Rs. 1,00,000 /- Annual Premium : Rs. 465

( Plan 103)

Intro

Features

Benefits

Illustrations
 LIC presents
Illustration 1 (Table 103) Age at entry : 35 Years
Jeevan Policy Term : 25 Years Mode of premium payment : Yea
Chhaya Sum Assured : Rs. 1,00,000 /- Annual Premium : Rs. 46

( Plan 103)

Intro

Features

Benefits

Illustrations
 LIC presents Illustrations :
Jeevan Chhaya
( Plan Assumptions and Disclaimer
103)

Intro

Features

Benefits

Illustrations
 LIC presents Jeevan Chhaya

( Plan 103)

Popularity Meter : 5,45,464 policies sold in 2003-04

Intro

Features

Benefits

Illustrations
thank you
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(All Insurance / All Mutual Funds / All Fixed Deposits / Real
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