LIC’s BIMA ACCOUNT - I

1. LIC’s BIMA ACCOUNT - I TABLE NO.805

2. LIC’S BIMA ACCOUNT - I (Plan No.805)Features : • Guaranteed Returns- Return at the rate of 6% p.a. on the policyholder’s fund. • Additional Returns – Additional Interest may be declared. • Easy Liquidity – Loan available after 1 year. • Simple – No medical requirements. • Flexibility – Top-up premiums allowed. • Short Duration – 5 to 7 years

3. LIC’S BIMA ACCOUNT- I (Plan 805)Benefits Maturity Benefit Amount in Policyholder’s Account. Death Benefit (i) Sum Assured and (ii) Amount in Policyholder’s Account.

4. LIC’S BIMA ACCOUNT- I (Plan 805)Benefits Guaranteed Interest: Guaranteed interest of 6% per annum is declared on amount in Policyholder’s Account throughout the term. Additional Interest : Additional Interest may be declared on the Policy holders Regular Premium Account based on the Corporation's experience.

5. LIC’S BIMA ACCOUNT- I (Plan 805)Benefits Loan : Available after completion of 1 year. Loan amount can be to the extent of 60% of the amount in Policyholder’s fund. Surrender: Full amount in Policyholder’s fund after the 3rd Policy year. Top-up premium: Allowed

8. LIC’S BIMA ACCOUNT- I (Plan 805)Loan • Loan shall be granted on completion of one policy year. • Loan is available to the extent of 60% of the amount in the Policyholder’s Account. • The minimum amount of loan is 1000/-.

9. LIC’S BIMA ACCOUNT- I (Plan 805)Surrender When a policy is surrendered after the 3rd policy anniversary, full amount in the Policyholder’s Account is paid. If a policyholder surrenders the policy before the 3rd policy anniversary – the balance amount in the Policyholders Account as on the date of Surrender is due. The amount shall be paid on completion of the third policy year. During the lock-in period no charges shall be deducted and no interest shall be paid.

10. LIC’S BIMA ACCOUNT- I (Plan 805)Additional Features Days of Grace: 30 days from the date of First unpaid premium (FUP) for all modes of premium payment. Revival: Within 12 months of First Unpaid Premium (FUP). Paid-up Value: When premiums are not paid within the days of grace, the policy becomes paid-up and the amount in Policyholder’s Account shall earn interest at the rate of 5% p.a. The guaranteed Interest of 6% shall be restored from the date of revival.

12. LIC’S BIMA ACCOUNT- I (Plan 805)Terms Explained Policyholder’s Account :Policyholder’s Regular Premium Account Plus Policyholder’s Top-up Premium Account. Policyholder’s Regular Premium Account – The net of regular premiums paid plus guaranteed and additional interest thereon. Policyholder’s Top-up Premium Account – The net of Top-up Premiums paid plus guaranteed interest thereon.

13. LIC’S BIMA ACCOUNT- I (Plan 805)Terms Explained Compulsory Termination – Applicable when premiums are paid for less than 2 years and the policy is not revived during the revival period. If loan has been availed and the Policyholder’s Account is less than or equal to the loan plus loan interest amount.

14. LIC’S BIMA ACCOUNT- I (Plan 805)When and Why • An ideal Gift for your 11 year old. On turning 18 the Maturity Value shall be available for investment in providing for good education. • Excellent saving and security instrument, if you are 50 years old. • Fulfill any commitments towards your family arising within 5 to 7 years. • For any one aged between 11 to 50 years – No medical required. • When you need regular short term saving for a period of 5 to 7 years.

15. LIC’S BIMA ACCOUNT- I (Plan 805)When and Why • Because the small cash flow that you receive from time to time can be pooled under one account through top-up premiums. • Because a hassle free loan can be availed. • No Surrender Charges after 3 years and full amount in policyholders account shall be paid. • Because it is LIC’s BIMA ACCOUNT - I Thank You!