***----Unit plans....

• Unit plans are investment plans for those who realise the worth of hard-earned money.
• These plans help you see your savings yield rich benefits and help you save tax even if you don't have consistent income.

*---Dated 03.05.2008 NAV of HEALTH PLUS(901)...

DATE OF LAUNCH04.02.2008


HEALTH PLUS FUND
10
10.1601
10.1601
10.1601

*-----Dated 03.05.2008 NAV of GRATUITY PLUS......

BOND FUND
10
10.9089
10.9089
10.9089
SECURED FUND
10
11.5778
11.5778
11.5778
BALANCED FUND
10
11.0552
11.0552
11.0552
GROWTH FUND
10
11.1005
11.1005
11.1005

*-----Dated 03.05.2008 NAV of PROFIT PLUS (188)........

BOND FUND
10
10.3781
10.3781
10.3781
SECURED FUND
10
9.4030
9.4030
9.4030
BALANCED FUND
10
9.6897
9.6897
9.6897
GROWTH FUND
10
9.8091
9.8091
9.8091
PROFIT PLUS (188)
DATE OF LAUNCH23.08.2007



BOND FUND
10
10.3781
10.3781
10.3781
SECURED FUND
10
9.4030
9.4030
9.4030
BALANCED FUND
10
9.6897
9.6897
9.6897
GROWTH FUND
10
9.8091
9.8091
9.8091

*-----Dated 03.05.2008 NAV of FORTUNE PLUS (187)........

BOND FUND
10
10.3929
10.3929
10.3929
SECURED FUND
10
10.1722
10.1722
10.1722
BALANCED FUND
10
10.0125
10.0125
10.0125
GROWTH FUND
10
9.9644
9.9644
9.9644

*-----Dated 03.05.2008 NAV of MARKET PLUS (181) .....

BOND FUND
10
11.8406
11.8406
11.8406
SECURED FUND
10
11.9741
11.9741
11.9741
BALANCED FUND
10
12.0788
12.0788
12.0788
GROWTH FUND
10
12.5829
12.5829
12.5829

*-----Dated 03.05.2008 NAV of MONEY PLUS (180).....

BOND FUND
10
10.9217
10.9217
10.9217
SECURED FUND
10
11.1355
11.1355
11.1355
BALANCED FUND
10
10.9391
10.9391
10.9391
GROWTH FUND
10
10.9258
10.9258
10.9258

*-----Dated 03.05.2008 NAV of JEEVAN PLUS (173) .....

BOND FUND
10
10.9862
10.9862
10.9862
SECURED FUND
10
12.2325
12.2325
12.2325
BALANCED FUND
10
12.4691
12.4691
12.4691
GROWTH FUND
10
17.1632
17.1632
17.1632

*-----Dated 03.05.2008 NAV of FUTURE PLUS (172) .....

BOND FUND
10
11.7693
11.7693
11.7693
INCOME FUND
10
13.9421
13.9421
13.9421
BALANCED FUND
10
14.5400
14.5400
14.5400
GROWTH FUND
10
18.3643
18.3643
18.3643

*-----Dated 03.05.2008 NAV of BIMA PLUS (140) .......

SECURED FUND
10
24.8349
23.5932
24.8349
BALANCED FUND
10
31.5140
29.9383
31.5140
RISK FUND
10
44.5026
42.2775
44.5026

*-----Dated 30.04.2008 NAV of FORTUNE PLUS (187)......

BOND FUND10
10.3669
10.3669
10.3669
SECURED FUND
10
10.1238
10.1238
10.1238
BALANCED FUND
10
9.9818
9.9818
9.9818
GROWTH FUND
10
9.8781
9.8781
9.8781

*-----Dated 30.04.2008 NAV BIMA PLUS (140) .....

DATE OF LAUNCH12.02.2001


SECURED FUND
10
24.7119
23.4763
24.7119
BALANCED FUND
10
31.3401
29.7731
31.3401
RISK FUND
10
44.1723
41.9637
44.1723

*-----Dated 30.04.2008 NAV HEALTH PLUS (901) ....

DATE OF LAUNCH04.02.2008


HEALTH PLUS FUND
10
10.1178
10.1178
10.1178

*-----Dated 30.04.2008 NAV of PROFIT PLUS (188).........

DATE OF LAUNCH 23.08.2007


BOND FUND
10
10.3340
10.3340
10.3340
SECURED FUND
10
9.3444
9.3444
9.3444
BALANCED FUND
10
9.6267
9.6267
9.6267
GROWTH FUND
10
9.7382
9.7382
9.7382

*-----Dated 30.04.2008 NAV of FORTUNE PLUS (187)......

BOND FUND
10
10.3669
10.3669
10.3669
SECURED FUND
10
10.1238
10.1238
10.1238
BALANCED FUND
10
9.9818
9.9818
9.9818
GROWTH FUND
10
9.8781
9.8781
9.8781

*-----Dated 30.04.2008 NAV of MARKET PLUS........

MARKET PLUS (181)
DATE OF LAUNCH05.07.2006



BOND FUND
10
11.8088
11.8088
11.8088
SECURED FUND
10
11.9109
11.9109
11.9109
BALANCED FUND
10
12.0039
12.0039
12.0039
GROWTH FUND
10
12.4953
12.4953
12.4953

Dated 30.04.2008 NAV of MONEY PLUS.........

BOND FUND
10
10.8541
10.8541
10.8541
SECURED FUND
10
11.0855
11.0855
11.0855
BALANCED FUND
10
10.8952
10.8952
10.8952
GROWTH FUND
10
10.8441
10.8441
10.8441

Dated 30.04.2008 NAV of FUTURE PLUS

BOND FUND
10
11.7197
11.7197
11.7197
INCOME FUND
10
13.8771
13.8771
13.8771
BALANCED FUND
10
14.4604
14.4604
14.4604
GROWTH FUND
10
18.2318
18.2318
18.2318

***----Unit plans......

Unit plans are investment plans for those who realise the worth of hard-earned money. These plans help you see your savings yield rich benefits and help you save tax even if you don't have consistent income.

*---DATE 28.04.2008 NAV of BIMA PLUS (140)...........

BIMA PLUS (140) DATE OF LAUNCH12.02.2001 SECURED FUND 10 24.6181 23.3872 24.6181 BALANCED FUND 10 31.1216 29.5655 31.1216 RISK FUND 10 43.5227 41.3466 43.5227

*---DATE 28.04.2008 NAV of HEALTH PLUS (901)........

HEALTH PLUS (901) DATE OF LAUNCH04.02.2008 HEALTH PLUS FUND 10 10.0622 10.0622 10.0622

*---DATE 28.04.2008 NAV of GRATUITY PLUS....

GRATUITY PLUS DATE OF LAUNCH22.06.2006 BOND FUND 10 10.8925 10.8925 10.8925 SECURED FUND 10 11.5216 11.5216 11.5216 BALANCED FUND 10 10.9602 10.9602 10.9602 GROWTH FUND 10 11.0317 11.0317 11.0317

*---DATE 28.04.2008 NAV of HEALTH PLUS (901).....

HEALTH PLUS (901) DATE OF LAUNCH04.02.2008 HEALTH PLUS FUND 10 10.0622 10.0622 10.0622

*---DATE 28.04.2008 NAV of PROFIT PLUS (188)......

PROFIT PLUS (188) DATE OF LAUNCH23.08.2007 BOND FUND 10 10.2344 10.2344 10.2344 SECURED FUND 10 9.2674 9.2674 9.2674 BALANCED FUND 10 9.5339 9.5339 9.5339 GROWTH FUND 10 9.6664 9.6664 9.6664

*---DATE 28.04.2008 NAV of FORTUNE PLUS (187).........

FORTUNE PLUS (187) BOND FUND 10 10.3189 10.3189 10.3189 SECURED FUND 10 10.0185 10.0185 10.0185 BALANCED FUND 10 9.8841 9.8841 9.8841 GROWTH FUND 10 9.7989 9.7989 9.7989

*---DATE 28.04.2008 NAV of MARKET PLUS (181).....

MARKET PLUS (181) BOND FUND 10 11.7541 11.7541 11.7541 SECURED FUND 10 11.8161 11.8161 11.8161 BALANCED FUND 10 11.8869 11.8869 11.8869 GROWTH FUND 10 12.4007 12.4007 12.4007

*---DATE 28.04.2008 NAV of MONEY PLUS (180)...

MONEY PLUS (180) BOND FUND 10 10.7579 10.7579 10.7579 SECURED FUND 10 11.0136 11.0136 11.0136 BALANCED FUND 10 10.8225 10.8225 10.8225 GROWTH FUND 10 10.7474 10.7474 10.7474

*---DATE 28.04.2008 NAV of FUTURE PLUS (172).........

FUTURE PLUS (172) BOND FUND 10 11.7054 11.7054 11.7054 INCOME FUND 10 13.7675 13.7675 13.7675 BALANCED FUND 10 14.3288 14.3288 14.3288 GROWTH FUND 10 18.0216 18.0216 18.0216

*----Golden Word....

• It Doesnt matter how hard you fall, but it matters how fast you get up.

*----Profit Plus ( A Unit linked-Endowment plan )....

• It is a unit linked Endowment plan where the premium payment term (PPT) is limited to single lump sum, or uniformly over 3, 4 or 5 years.
• You can choose the level of cover within the limits, which will depend on whether the policy is a Single premium or Limited premium contract, term chosen and on the level of premium you agree to pay.
• Four types of investment Funds are offered.
• Premiums paid after allocation charge will purchase units of the Fund type chosen.
• The Unit Fund is subject to various charges and value of units may increase or decrease, depending on the Net Asset Value (NAV).

Note:For more info. e-mail to: venkta9ram@gmail.com

*----Dated:11.04.2008_HEALTH PLUS (901)....

DATE OF LAUNCH 04.02.2008

HEALTH PLUS FUND
(Single Fund is available in Health Plus Plan)

Description ----------------Value in Rs.

Basic Unit Value ---------------10
NAV (as on dated) ---------------9.9927
Repurchase value --------------9.9927
Sale Value ---------------------9.9927

***----Unit Linked Insurance Plans (ULIPs).....

• Unit plans are investment plans for those who realise the worth of hard-earned money.
• These plans help you see your savings yield rich benefits and help you save tax even if you don't have consistent income.

*--Dated:11.04.2008_HEALTH PLUS (901)

DATE OF LAUNCH 04.02.2008

HEALTH PLUS FUND
(Single Fund is available in Health Plus )
Basic Unit Value 10
NAV as on date 9.9927
Repurchase value 9.9927
Sale Value 9.9927

*---Dated:11.04.2008_GRATUITY PLUS....

BOND FUND
10
10.8572
10.8572
10.8572
SECURED FUND
10
11.4594
11.4594
11.4594
BALANCED FUND
10
10.8013
10.8013
10.8013
GROWTH FUND
10
10.8830
10.8830
10.8830

*---Dated:11.04.2008_PROFIT PLUS (188)....

BOND FUND
10
10.3299
10.3299
10.3299
SECURED FUND
10
9.1677
9.1677
9.1677
BALANCED FUND
10
9.4575
9.4575
9.4575
GROWTH FUND
10
9.3775
9.3775
9.3775

*---Dated:11.04.2008_FORTUNE PLUS (187)....

BOND FUND
10
10.3543
10.3543
10.3543
SECURED FUND
10
9.8811
9.8811
9.8811
BALANCED FUND
10
9.5507
9.5507
9.5507
GROWTH FUND
10
9.4709
9.4709
9.4709

*---Dated:11.04.2008_MARKET PLUS (181)

BOND FUND
10
11.7878
11.7878
11.7878
SECURED FUND
10
11.6876
11.6876
11.6876
BALANCED FUND
10
11.6237
11.6237
11.6237
GROWTH FUND
10
12.0241
12.0241
12.0241

*----Dated:11.04.2008_MONEY PLUS (180)....

BOND FUND
10
10.8271
10.8271
10.8271
SECURED FUND
10
10.9214
10.9214
10.9214
BALANCED FUND
10
10.6487
10.6487
10.6487
GROWTH FUND
10
10.3879
10.3879
10.3879

*----Dated:11.04.2008_JEEVAN PLUS (173).....

BOND FUND
10
10.9597
10.9597
10.9597
SECURED FUND
10
12.0270
12.0270
12.0270
BALANCED FUND
10
12.2157
12.2157
12.2157
GROWTH FUND
10
16.3630
16.3630
16.3630

*----Dated:11.04.2008_ FUTURE PLUS (172)....

BOND FUND
10
11.7358
11.7358
11.7358
INCOME FUND
10
13.6026
13.6026
13.6026
BALANCED FUND
10
14.1642
14.1642
14.1642
GROWTH FUND
10
17.4937
17.4937
17.4937

*----Dated:11.04.2008_NAV of BIMA PLUS (140).....

SECURED FUND
10
24.2669
23.0536
24.2669
BALANCED FUND
10
30.2073
28.6969
30.2073
RISK FUND
10
41.5655
39.4872
41.5655

Dated:11.04.2008_BIMA PLUS (140)

SECURED FUND
10
24.2669
23.0536
24.2669
BALANCED FUND
10
30.2073
28.6969
30.2073
RISK FUND
10
41.5655
39.4872
41.5655

*----Dated:10.04.2008_HEALTH PLUS (901).........

HEALTH PLUS FUND
10
9.9819
9.9819
9.9819

Note:For more information mail to: venkat9ram@gmail.com

*----Dated:10.04.2008_GRATUITY PLUS.....

BOND FUND
10
10.8525
10.8525
10.8525
SECURED FUND
10
11.4466
11.4466
11.4466
BALANCED FUND
10
10.7811
10.7811
10.7811
GROWTH FUND
10
10.8632
10.8632
10.8632

*----Dated:10.04.2008_PROFIT PLUS (188)........

BOND FUND
10
10.3473
10.3473
10.3473
SECURED FUND
10
9.1487
9.1487
9.1487
BALANCED FUND
10
9.4410
9.4410
9.4410
GROWTH FUND
10
9.3430
9.3430
9.3430

*----Dated:10.04.2008_ FORTUNE PLUS (187)............

BOND FUND
10
10.3678
10.3678
10.3678
SECURED FUND
10
9.9292
9.9292
9.9292
BALANCED FUND
10
9.5308
9.5308
9.5308
GROWTH FUND
10
9.4338
9.4338
9.4338

*----Dated:10.04.2008_MARKET PLUS (181).....

BOND FUND
10
11.7981
11.7981
11.7981
SECURED FUND
10
11.6864
11.6864
11.6864
BALANCED FUND
10
11.6046
11.6046
11.6046
GROWTH FUND
10
11.9845
11.9845
11.9845

*----Dated:10.04.2008_MONEY PLUS (180).....

BOND FUND
10
10.8483
10.8483
10.8483
SECURED FUND
10
10.9292
10.9292
10.9292
BALANCED FUND
10
10.6317
10.6317
10.6317
GROWTH FUND
10
10.3660
10.3660
10.3660

*----Dated:10.04.2008_JEEVAN PLUS (173)....

BOND FUND
10
10.9588
10.9588
10.9588
SECURED FUND
10
12.0416
12.0416
12.0416
BALANCED FUND
10
12.2082
12.2082
12.2082
GROWTH FUND
10
16.3278
16.3278
16.3278

*----Dated:10.04.2008_FUTURE PLUS (172).........

BOND FUND
10
11.7461
11.7461
11.7461
INCOME FUND
10
13.5877
13.5877
13.5877
BALANCED FUND
10
14.1601
14.1601
14.1601
GROWTH FUND
10
17.5148
17.5148
17.5148

----Dated: 10.04.2008___BIMA PLUS (140).......

SECURED FUND
10
24.2832
23.0690
24.2832
BALANCED FUND
10
30.1613
28.6532
30.1613
RISK FUND
10
41.4281
39.3567
41.4281

***----Child Career Plan ( A Specially Designed Plan for Child )....

Product Summary:

• This plan is specially designed to meet the increasing educational and other needs of growing children.
• It provides the risk cover on the life of child not only during the policy term but also during the extended term (i.e. 7 years after the expiry of policy term).
• A number of Survival benefits are payable on surviving by the life assured to the end of the specified durations.

Survival Benefit:

• On life assured surviving to the end of the specified durations an amount specified below is payable:
  5 years before the date of expiry of policy term
  -
  30% of the Sum Assured along with vested Simple Reversionary Bonuses
  4 years before the date of expiry of policy term
  -
  15% of the Sum Assured
  3 years before the date of expiry of policy term
  -
  15% of the Sum Assured
  2 years before the date of expiry of policy term
  -
  15% of the Sum Assured
  1 years before the date of expiry of policy term
  -
  15% of the Sum Assured
  On the date of expiry of policy term
  -
  15% of the Sum Assured along with Final (Additional) Bonus, if any

Note: For more info. mail to venkat9ram@gmail.com

***----Marriage Endowment Or Educational Annuity Plan ( A Good Children Plan)....

Product summary:

• This is an Endowment Assurance plan that provides for benefits on or from the selected maturity date to meet the Marriage/Educational expenses of the named child.

Premiums:

• Premiums are payable yearly, half-yearly, quarterly, monthly or through Salary deductions, as opted by you, throughout the term of the policy or earlier death.

Bonuses:

• This is a with-profit plan and participates in the profits of the Corporation’s life insurance business.
• It gets a share of the profits in the form of bonuses.
• Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year.
• Once declared, they form part of the guaranteed benefits of the plan.
• bonuses are to be added till maturity even if the life assured dies before the maturity date.
• Final (Additional) Bonus may also be payable provided a policy is of a certain minimum term.

*----Mortgage Redemption Assurance policy......

Product summary:

• The Mortgage Redemption Assurance policy (without profits) plan is designed to meet the requirements of the policy holding individual who seeks to ensure that all his outstanding loans and debts are automatically paid up in the event of his demise.
• Under the Mortgage Redemption Assurance policy (without profits)The proponent will have to bear the cost of the mandatory medical examination.
• The policies are usually issued only to male lives aged 50 years or lesser.
• The policies are subject to a condition that the insurance cover would not extend beyond 65 years.
• All loans must be liquidated by the time the borrower attains the age of 65.
• The policies bear no surrender value.

Suitable For:

• Middle-aged to elderly professionals whose dependents might need assistance in clearing their debts in case of their unexpected demise are most suited for the Mortgage Redemption Assurance policy.

Survival benefits:

• Nil

Death Benefit :

• All outstanding loans declared at the beginning of the financial year would be payable as per the prepared schedule.

Plan-Parameters:
Parameters---------------Minimum--------------------Maximum

Entry age (Years) ----------20 ------------------------50

Sum assured (Rs.) ---------50,000* --------------------10,00,000

*(except for single premium)

Term (Years) ---------------**** ----------------------****

**----Jeevan Saathi-(Only One Plan on the lives of husband and wife).....

Product summary :

• This is an Endowment Assurance Plan issued on the lives of husband and wife.
• The plan provides financial protection against death of both the lives.
• It pays the maturity amount on survival of one or both the lives to the end of the policy term.

***----Jeevan Anand (Endowment Assurance+Whole Life plans).........

Product summary:

• This plan is a combination of Endowment Assurance and Whole Life plans.
• It provides financial protection against death throughout the lifetime of the life assured with the provision of payment of a lump sum at the end of the selected term in case of his survival.

Premium:

• Premiums are payable yearly, half-yearly, quarterly, monthly or through salary deductions as opted by you throughout the selected term of the policy or till earlier death.

Bonuses:

• This is a with-profit plan and participates in the profits of the Corporation’s life insurance business.
• It gets a share of the profits in the form of bonuses.
• Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year.
• Once declared, they form part of the guaranteed benefits of the plan.
• Bonuses will be added during the selected term or till death, if it occurs earlier.
• Final (Additional) Bonus may also be payable provided the policy has run for certain minimum period.

***----Date of launch of Different UNIT LINKED INSURANCE PLANS (ULIPS) of LIC of India....

Plan(Table.No.)----Date Of Launch

BIMA PLUS (140)----DATE OF LAUNCH 12.02.2001

FUTURE PLUS (172) ----DATE OF LAUNCH 04.03.2005

JEEVAN PLUS (173) ----DATE OF LAUNCH 18.10.2005

MONEY PLUS (180) ----DATE OF LAUNCH 20.12.2006

MARKET PLUS (181) ----DATE OF LAUNCH 05.07.2006

GRATUITY PLUS----DATE OF LAUNCH 22.06.2006

FORTUNE PLUS (187)----DATE OF LAUNCH 23.08.2007

PROFIT PLUS (188)----DATE OF LAUNCH 23.08.2007

HEALTH PLUS (901)----DATE OF LAUNCH 04.02.2008

*----Insurance Plans....

• As individuals it is inherent to differ.
• Each individual’s insurance needs and requirements are different from that of the others.
• LIC’s Insurance Plans are policies that talk to you individually and give you the most suitable options that can fit your requirement

*----Jeevan Nidhi (Illustrations)....

Illustration 1:

Age at entry: 35 years

Policy Term: 25 years

Premium paying term: 25 years

Sum Assured (Rs.): 100000

Yearly Premium (Rs.): 4121
End of year
Total premiums paid till end of year
Benefit payable on death / Amount available on survival up to the date of vesting for purchase of annuity
Guaranteed
Variable
Total
Scenario 1
Scenario 2
Scenario 1
Scenario 2
1
4,121
1,00,000
0
0
100000
100000
2
8,242
1,05,000
0
0
105000
105000
3
12,363
1,10,000
0
0
110000
110000
4
16,484
1,15,000
0
0
115000
115000
5
20,605
1,20,000
0
0
120000
120000
6
24,726
1,25,000
2300
7300
127300
132300
7
28,847
1,25,000
4600
14600
129600
139600
8
32,968
1,25,000
6900
21900
131900
146900
9
37,089
1,25,000
9200
29200
134200
154200
10
41,210
1,25,000
11500
36500
136500
136500
15
61,815
1,25,000
23000
73000
148000
198000
20
82,420
1,25,000
48500
157500
173500
282500
25
1,03,025
1,25,000
63500
206000
188500
331000

*----Jeevan Nidhi (Benefits).....

Note:

Insurance Regulatory & Development Authority (IRDA) requires all life insurance companies operating in India to provide official illustrations to their customers.

The illustrations are based on the investment rates of return set by the Life Insurance Council (constituted under Section 64C(a) of the Insurance Act 1938) and is not intended to reflect the actual investment returns achieved or may be achieved in future by Life Insurance Corporation of India (LICI).

For the year 2004-05 the two rates of investment return declared by the Life Insurance Council are 6% and 10% per annum.

Product summary:

This is a with-profits pension plan which provides for death cover during the deferment period and on survival to the date of vesting, the maturity proceeds are compulsorily to be used for purchase of annuity.

Premiums:

Premiums are payable yearly, half-yearly, quarterly, monthly or through Salary deduction, as opted by you, throughout the term of the policy or till earlier death.

Alternatively, the premium may be paid in one lump sum (single premium).

Tax Benefits:

Tax relief under Section 80CCC(1) is available on premiums paid under this policy.
Guaranteed Additions during the first five years:

The policy provides for the Guaranteed Additions at the rate of Rs.50/- per thousand Sum Assured during first five years of the policy. The Guaranteed Additions are payable along with the basic Sum Assured on vesting or on earlier death.
Bonuses after the first 5 years:

This is a with-profit plan and participates in the profits of the Corporation’s life insurance business after 5 years.

It gets a share of the profits in the form of bonuses.

Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year.

Once declared, they form part of the guaranteed benefits of the plan.

A Final (Additional) Bonus may also be payable provided a policy has run for certain minimum period.
Death Benefit:

The Sum Assured along with accrued guaranteed additions and vested simple reversionary bonuses and Final (Additional) Bonus, if any, is payable in a lump sum on death of the life assured during the deferment period of the policy.
Benefit on vesting:

On the date of vesting you can encash up to a maximum of 1/3rd of the amount consisting of the Sum Assured along with accrued guaranteed additions, vested simple reversionary bonuses and Final (Additional) Bonus, if any as a tax-free lump sum.

The balance amount shall be compulsorily converted into an annuity at the option and the rates applicable at the time of vesting of the annuity.
Supplementary/Extra Benefits:

These are the optional benefits that can be added to your basic plan for extra protection/option. An additional premium is required to be paid for these benefits.

Surrender Value:

Buying a life insurance contract is a long-term commitment. However, surrender value is available on the plan on earlier termination of the contract.
Guaranteed Surrender Value:

The policy may be surrendered for cash after the policy is kept in force by payment of premiums for at least three years.

The guaranteed surrender value available under this plan for all modes, except the single premium mode, will be equal to 30% of the total amount of premiums paid excluding the first year’s premium and the extra premiums.

In case of single premium mode, The guaranteed surrender value will be 90% of the premium paid excluding all extra premiums.
Corporation’s policy on surrenders:

In practice, the Corporation will pay a Special Surrender Value – which is either equal to or more than the Guaranteed Surrender Value.

The benefit payable on surrender reflects the discounted value of the reduced claim amount that would be payable on death or at maturity.

This value will depend on the duration for which premiums have been paid and the policy duration at the date of surrender.

In some circumstances, especially in case of early termination of the policy, the surrender value payable may be less than the total premium paid.
The Corporation reviews the surrender value payable under its plans from time to time depending on the economic environment, experience and other factors.
Note:

The above is the product summary giving the key features of the plan.

This is for illustrative purpose only. This does not represent a contract and for details please refer to your policy document.

Further, the tax benefits are as per present Tax Laws.Benefit Illustration:

Statutory Warning“Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your insurer carrying on life insurance business.

If your policy offers guaranteed returns then these will be clearly marked “guaranteed” in the illustration table on this page.

If your policy offers variable returns then the illustrations on this page will show two different rates of assumed future investment returns.

These assumed rates of return are not guaranteed and they are not upper or lower limits of what you might get back as the value of your policy is dependent on a number of factors including future investment performance.”

*----Jeevan Nidhi....(Salient Features)

Salient Features:

a . Guaranteed Additions: Guaranteed Additions @ Rs.50/- per thousand Sum assured for each completed year, for the first five years.

b. Participation in profits: The policy shall participate in profits of the Corporation from the 6th year onwards and shall be entitled to receive bonuses declared as per the experience of the Corporation.

c. Benefit On Vesting:
1. Option to commute up to 1/3rd of the amount available on vesting, which shall include the Sum Assured under the Basic Plan together with accrued Guaranteed Additions, simple Reversionary Bonuses and Terminal Bonus, if any.

2 . Annuity as per the option selected: Annuity on the balance amount if commutation is exercised, otherwise annuity on the full amount.
d. Annuity Options:On vesting, the annuity instalment, mode of annuity payment and type of annuity which shall be made available to the Life Assured (Annuitant) / Nominee will depend upon the then prevailing Immediate Annuity plan of the Life Insurance Corporation of India and its terms and conditions.Currently the following options are available under LIC’s immediate annuities:

1. Annuity for life: The annuity is paid to the life assured as long as he/she is alive.

2. Annuity Guaranteed for certain periods: The annuity is paid to the life assured for periods of 5 or 10 or 15 or 20 years as chosen by him/her, whether or not he/she survives that period. After the chosen period, the annuity is paid to the life assured as long as he/she is alive.

3. Annuity with return of purchase price on death: The annuity is paid to the life assured as long as he/she is alive. On the death of the life assured, the purchase price of the annuity is paid as death benefit. The purchase price includes the Sum Assured under the Basic Plan, the accrued Guaranteed Additions and any accrued bonuses, excluding the commuted value, if any.

4. Increasing annuity: The annuity is paid to the life assured as long as he/she is alive. The amount of annuity increases every year at a simple rate of 3% per annum.

5. Joint Life Last Survivor Annuity: The annuity is paid to the life assured as long as he/she is alive. On death of the life assured, 50% of the annuity is payable to the nominated spouse as long as the spouse is alive.

e. Death Benefit on death before annuity vests: On the death of the Life Assured during the deferment period of the policy, i.e. before the annuity vests, an amount equal to the Sum Assured under the Basic plan along with the accrued Guaranteed Additions, simple Reversionary Bonuses and Terminal Bonus, if any, will be paid in a lump sum to the appointed nominee, provided the policy is in force for full Sum Assured.Nominee will also have the option to purchase an annuity with this amount.

*----Jeevan Nidhi.....

• LIC's JEEVAN NIDHI is a with profits Deferred Annuity (Pension) plan.
• On survival of the policyholder beyond term of the policy the accumulated amount (i.e. Sum Assured + Guaranteed Additions + Bonuses) is used to generate a pension (annuity) for the policyholder.
• The plan also provides a risk cover during the deferment period.
• The USP of the plan being the pension can commence at 40 years.
• The premiums paid are exempt under Section 80CCC of Income Tax Act.

*-----Pension Plans........

• Pension Plans are Individual Plans that gaze into your future and foresee financial stability during your old age.
• These policies are most suited for senior citizens and those planning a secure future, so that you never give up on the best things in life.

***-------Unit plans.......

• Unit plans are investment plans for those who realise the worth of hard-earned money.
• These plans help you see your savings yield rich benefits and help you save tax even if you don't have consistent income.

*------Fortune Plus...........

• It is a unit linked assurance plan where premium payment term (PPT) is 5 years and the premium payable in the first year will be 50 % of total premium payable under the policy.
• The level of cover will depend on the level of premium you agree to pay.
• Four types of investment funds are offered.
• Premiums paid after allocation charge will purchase units of the Fund type chosen.
• The Unit Fund is subject to various charges and value of the units may increase or decrease, depending on the Net Asset Value (NAV).
• The plan therefore serves the purpose of insurance-cum-investment.

Payment of Premiums:

• You may pay premiums regularly at yearly, half-yearly, quarterly or monthly (ECS) intervals for 5 years.
• The minimum First year premium will be Rs.20,000/- and you may pay any amount exceeding it.
• From second year onwards each year’s premium will be 25% of the first year premium.

*------Profit Plus.....

• It is a unit linked Endowment plan where the premium payment term (PPT) is limited to single lump sum, or uniformly over 3, 4 or 5 years.
• You can choose the level of cover within the limits, which will depend on whether the policy is a Single premium or Limited premium contract, term chosen and on the level of premium you agree to pay.
• Four types of investment Funds are offered.
• Premiums paid after allocation charge will purchase units of the Fund type chosen.
• The Unit Fund is subject to various charges and value of units may increase or decrease, depending on the Net Asset Value (NAV).

*-----New Bima Gold (A Golden Jubilee Plan)......

• It is a plan where premiums paid over the term of plan are paid back during the policy term in instalments and life insurance cover is available not only during the term but also during the extended term of the plan.
• For more information mail to: venkat9ram@gmail.com

***------LIC’s Special Plans.......

• LIC’s Special Plans are not plans but opportunities that knock on your door once in a lifetime.
• These plans are a perfect blend of insurance, investment and a lifetime of happiness!

*------Dated:31.03.2008,JEEVAN PLUS (173)...................

JEEVAN PLUS (173)
DATE OF LAUNCH 18.10.2005

BOND FUND
10
10.9711
10.9711
10.9711
SECURED FUND
10
12.1149
12.1149
12.1149
BALANCED FUND
10
12.2457
12.2457
12.2457
GROWTH FUND
10
16.3286
16.3286
16.3286

*------Dated:31.03.2008,NAV of GRATUITY PLUS..........

BOND FUND
10
10.8277
10.8277
10.8277
SECURED FUND
10
11.4298
11.4298
11.4298
BALANCED FUND
10
10.7580
10.7580
10.7580
GROWTH FUND
10
10.8599
10.8599
10.8599

*-----Date:31.03.2008,NAV of FORTUNE PLUS (187)...........

BOND FUND
10
10.3548
10.3548
10.3548
SECURED FUND
10
9.8407
9.8407
9.8407
BALANCED FUND
10
9.5470
9.5470
9.5470
GROWTH FUND
10
9.4720
9.4720
9.4720

*-----Dated:31.03.2008, NAV of BIMA PLUS (140)................

SECURED FUND
10
24.3411
23.1240
24.3411
BALANCED FUND
10
30.3914
28.8718
30.3914
RISK FUND
10
41.6750
39.5913
41.6750

Dated:31.03.2008 NAV of PROFIT PLUS (188)

PROFIT PLUS (188)
DATE OF LAUNCH 23.08.2007
BOND FUND
10
10.3504
10.3504
10.3504
SECURED FUND
10
9.1956
9.1956
9.1956
BALANCED FUND
10
9.4837
9.4837
9.4837
GROWTH FUND
10
9.3769
9.3769
9.3769

*------Dated:31.03.2008 NAV of FUTURE PLUS (172).......

BOND FUND
10
11.8105
11.8105
11.8105
INCOME FUND
10
13.6276
13.6276
13.6276
BALANCED FUND
10
14.1632
14.1632
14.1632
GROWTH FUND
10
17.4751
17.4751
17.4751

*-----Dated:31.03.2008*** NAV of HEALTH PLUS (901)........

HEALTH PLUS (901)
DATE OF LAUNCH 04.02.2008

HEALTH PLUS FUND
10
9.9805
9.9805
9.9805

Types of Health Insurance Coverages

• Basic Health Insurance Cover

A health insurance plan which helps you in hospital room charges, doctor/surgeon fees, medical tests, medicines and related expenses.

• Critical illness Cover

This covers critical illness. It gives a lump sum amount on detection of the disease.

It is an added benefit to the basic coverage.

• Family & Floater Coverage

In the event family members are being covered, a floater policy or a family package helps reduce the premium outflow.

Moreover, premium cost can be reduced by purchasing health insurance cover for a longer duration.

• Long Term Health Plan

If the insured desires to purchase a high cover plan and ensure stable premiums, the premium on a long term critical illness plan is the way to go.

Premiums in such plans remain stable for a period of five years.

***------NEWS------

• Life Insurance Corporation of India has sold 130055 Equity Shares of J.K. Investo Trade (India) Ltd. at a rate of Rs. 195/- per share constituting 1.78% of the paid up capital of the company.

***-------DATE 31.03.2008 NAV of MONEY PLUS (180)

MONEY PLUS (180)

BOND FUND
10
10.8156
10.8156
10.8156
SECURED FUND
10
10.8867
10.8867
10.8867
BALANCED FUND
10
10.5989
10.5989
10.5989
GROWTH FUND
10
10.3428
10.3428
10.3428

Date:31.03.2008 NAV of MARKET PLUS (181)

MARKET PLUS (181)
BOND FUND
10
11.7802
11.7802
11.7802
SECURED FUND
10
11.6379
11.6379
11.6379
BALANCED FUND
10
11.5187
11.5187
11.5187
GROWTH FUND
10
11.9908
11.9908
11.9908

***-------LIC’s Online Premium Payment Procedure...........

Online Payment Gateway is LIC’s initiative to provide you with on demand service within a few clicks! You can now have many of the functionalities that were available only at a branch office, online at your fingertips.

The payment gateway (PG) initiative is an important component of the offer. It provides for real-time payment of renewal premium-dues through the portal. This functionality is available only to registered customers who have enrolled their policies.

You can pay LIC premiums using Net Banking accounts with any of the following banks:-
Bank of India
Union Bank of India
Punjab National Bank
State Bank of India
State Bank of Indore
HDFC Bank
ICICI Bank
Axis Bank
Citibank
IDBI Bank
Centurion Bank of Punjab (erstwhile Centurion Bank)
Centurion Bank of Punjab (erstwhile Bank of Punjab)
IndusInd Bank
ABN AMRO Bank
Kotak Bank
Bank of Baroda
Bank of Baroda - Retail NetBanking
Bank of Baroda - Corporate NetBanking
State Bank of Patiala
State Bank of Bikaner & Jaipur
State Bank of Travancore
This facility is available for all non-ULIP policies.Credit card payments are not accepted under this payment facility.
Here’s a simple step-by-step guide on how you can go about using this facility:
Once you have enrolled your policy(s), you can click on the link ‘Pay Premium Online’ to see a list of policies whose premium is due.
You have a choice to select the policies for which you want to pay premium.
You will be directed to a page where you can choose from multiple banks for payment and will be directed to the login page of the selected bank. It is essential that you have a net banking account with at least one of these banks.
At the bank site you will need to login with your net banking username/password. On successful login, the total amount to be paid by you towards LIC will be displayed.
Please verify your balance (displayed) and confirm the transaction to the bank. Simultaneously successful/unsuccessful transaction message will be flashed.
On successful transaction, a digitally signed e-receipt will be generated and e-mailed to you. In case of an unsuccessful transaction you will be informed and the reason thereof.
Benefits
There is no further registration involved at the service provider end.
There is no time lag from the date of payment to obtaining receipts.
It is also a secure arrangement, as the policy data is not shared between LIC and Banks over net as only the amount to be paid is encrypted and transported. The login id at both the sites (LIC and Bank) is known only to you.
And above all there is no charge for you to avail this service.

-----Child Future Plan--(Specially designed to meet educational, marriage and other needs of children)........

Introduction:

This plan is specially designed to meet the increasing educational, marriage and other needs of growing children.

It provides the risk cover on the life of child not only during the policy term but also during the extended term (i.e. 7 years after the expiry of policy term).

A number of Survival benefits are payable on surviving by the life assured to the end of the specified durations.

Options:

You may choose Sum Assured (S.A.), Maturity Age, Policy Term, Mode of Premium payment and Premium Waiver Benefit.Payment of

Premiums:

You may pay the premiums regularly at yearly, half-yearly, quarterly or through Salary deductions over the term of policy.

Premiums may be paid either for 6 years or upto 5 years before the policy term.

***-----Child Career Plan----(specially designed for educational and other needs of children).....

Introduction:

This plan is specially designed to meet the increasing educational and other needs of growing children. It provides the risk cover on the life of child not only during the policy term but also during the extended term (i.e. 7 years after the expiry of policy term). A number of Survival benefits are payable on surviving by the life assured to the end of the specified durations.

Options:

You may choose Sum Assured (S.A.), Maturity Age, Policy Term, Mode of Premium payment and Premium Waiver Benefit.

Payment of Premiums:

You may pay the premiums regularly at yearly, half-yearly, quarterly or through Salary deductions over the term of policy. Premiums may be paid either for 6 years or upto 5 years before the policy term.

Komal Jeevan-Benefit illustrations ( A Children's Money Back Plan)

Statutory warning:

"Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your insurer carrying on life insurance business.

If your policy offers guaranteed returns then these will be clearly marked “guaranteed” in the illustration table on this page.

If your policy offers variable returns then the illustrations on this page will show two different rates of assumed future investment returns.

These assumed rates of return are not guaranteed and they are not the upper or lower limits of what you might get back as the value of your policy is dependent on a number of factors including future investment performance.

"Illustration 1Age at entry: 0 years

Premium Paying Term: 1 Year

Single Premium: Rs. 73,980/-

Policy Term: 26 yearsSum Assured: Rs. 1,00,000/-
Year
Total Premiums Paid Till End Of Year
Benefit on Death during the year (Rs.)
Guaranteed
Variable
Total
Scenario 1
Scenario 2
Scenario 1
Scenario 2
1
73980
73980
0
0
73980
73980
2
73980
73980
0
0
73980
73980
3
73980
73980
0
0
73980
73980
4
73980
73980
0
0
73980
73980
5
73980
73980
0
0
73980
73980
6
73980
73980
0
0
73980
73980
7
73980
145000
0
12000
145000
157000
8
73980
152500
0
16000
152500
168500
9
73980
160000
0
21000
160000
181000
10
73980
167500
0
26000
167500
193500
15
73980
205000
0
67000
205000
272000
20
73980
242500
0
128000
242500
370500
26
73980
287500
0
277000
287500
564500
End of year
Benefit on Survival / Maturity at the end of Year
Guaranteed
Variable
Total
Scenario 1
Scenario2
Scenario1
Scenario2
18
20000
0
0
20000
20000
20
20000
0
0
20000
20000
22
30000
0
0
30000
30000
24
30000
0
0
30000
30000
26
195000
0
277000
195000
472000


Illustration 2Age at entry: 0 years

Premium Paying Term: 18 Years

Annual Premium: Rs. 7281/-Policy Term: 26 Years

Sum Assured: Rs. 1,00,000 /-
Year
Total premiums paid till end of year
Benefit on Death during the year (Rs.)
Guaranteed
Variable
Total
Scenario 1
Scenario 2
Scenario 1
Scenario 2
1
7281
7281
0
0
7281
7281
2
14562
14562
0
0
14562
14562
3
21843
21843
0
0
21843
21843
4
29124
29124
0
0
29124
29124
5
36405
36405
0
0
36405
36405
6
43686
43686
0
0
43686
43686
7
50967
145000
0
3000
145000
148000
8
58248
152500
0
5000
152500
157500
9
65529
160000
0
8000
160000
168000
10
72810
167500
0
11000
167500
178500
15
109215
205000
0
43000
205000
248000
20
131058
227500
0
71000
227500
298500
26
131058
242500
0
91000
242500
333500
End of year
Benefit on Survival / Maturity at the end of Year
Guaranteed
Variable
Total
Scenario 1
Scenario 2
Scenario 1
Scenario 2
18
20000
0
0
20000
20000
20
20000
0
0
20000
20000
22
30000
0
0
30000
30000
24
30000
0
0
30000
30000
26
195000
0
176000
195000
371000




(i) This illustration is applicable to a non-smoker male/female standard (from medical, life style and occupation point of view) life.

(ii) The non-guaranteed benefits (1) and (2) in above illustration are calculated so that they are consistent with the Projected Investment Rate of Return assumption of 6% p.a.(Scenario 1) and 10% p.a. (Scenario 2) respectively. In other words, in preparing this benefit illustration, it is assumed that the Projected Investment Rate of Return that LICI will be able to earn throughout the term of the policy will be 6% p.a. or 10% p.a., as the case may be. The Projected Investment Rate of Return is not guaranteed.

(iii) The main objective of the illustration is that the client is able to appreciate the features of the product and the flow of benefits in different circumstances with some level of quantification.

--------Komal Jeevan---Benefits__(A Children's Money Back Plan)........

Survival Benefit:

The percentage of sum assured as mentioned below will be paid on survival to the end of specified durations:
On the policy anniversary immediately following the Life assured attains the age of
% of Sum Assured
18 years
20%
20 years
20%
22 years
30%
24 years
30%
Death Benefit:

In case of death of the life assured before the commencement of risk, the policy shall stand cancelled and premiums paid (excluding the Premium for Premium waiver Benefit ) under the policy will be refunded. However, if death occurs after the commencement of risk but before the policy matures, the full Sum Assured plus Guaranteed Additions together with Loyalty Additions, if any, is payable.

Maturity Benefit:

The Guaranteed Additions together with Loyalty Additions, if any, is payable in a lump sum on survival to the end of the policy term.

Premium Waiver Benefit:

This is an optional benefit that can be added to your basic plan. An additional premium is required to be paid for this benefit. By payment of this additional premium, the proposer can secure the benefit of cessation of premiums from his/her death to the end of the deferment period. The deferment period for this purpose is to be taken as 18 minus age at entry of child.

Surrender Value:

Buying a life insurance contract is a long-term commitment. However, surrender value is available on the plan on earlier termination of the contract.

Guaranteed Surrender Value:

The policy may be surrendered after it has been in force for 3 years or more. The Guaranteed Surrender Value before the date of commencement of risk is 90% of the premiums paid excluding the premiums paid during the first year and any extra premium paid. After the date of commencement of risk, the Guaranteed Surrender Value is 90% of the premiums paid before the date of commencement of risk excluding the premiums paid during the first year and any extra premium paid plus 30% of the premiums paid after the date of commencement of risk.

Corporation’s policy on surrenders:

In practice, the company will pay a Special Surrender Value – which is either equal to or more than the Guaranteed Surrender Value. The benefit payable on surrender reflects the discounted value of the claim amount that would be payable on death or at maturity. This value will depend on the duration for which premiums have been paid and the policy at the date of surrender. In some circumstances, in case of early termination of the policy, the surrender value payable may be less than the total premium paid.The Corporation reviews the surrender value payable under its plans from time to time depending on the economic environment, experience and other factors.

Note:

The above is the product summary giving the key features of the plan. This is for illustrative purpose only.

This does not represent a contract and for details please refer to your policy document.

-----Komal Jeevan--Features (A Children's Money Back Plan).....

Product summary:

This is a Children's Money Back Plan that provides financial protection against death during the term of plan with periodic payments on survival at specified durations. This plan can be purchased by any of the parent or grand parent for a child aged 0 to 10 years.

Commencement of Risk cover:

The risk commences either after 2 years from the date of commencement of policy or from the policy anniversary immediately following the completion of 7 years of age of child, whichever is later.

Premiums:

Premiums are payable yearly, half-yearly, quarterly, monthly or through Salary deductions, as opted by you, up to the policy anniversary immediately after the life assured (child) attains 18 years of age or till the earlier death of the life assured. Alternatively, the premium may be paid in one lump sum (Single premium).

Guaranteed Additions:

The policy provides for theGuaranteed Additions at the rate of Rs.75 per thousand Sum Assured for each completed year. The Guaranteed Additions are payable at the end of the term of the policy or earlier death of the Life Assured.

Loyalty Additions:

This is a with-profit plan and participates in the profits of the Corporation’s life insurance business. It gets a share of the profits in the form of loyalty additions which are terminal bonuses payable along with death or maturity benefit.

Loyalty addition may be payable depending on the experience of the Corporation.

-----DATE 28.03.2008 FORTUNE PLUS (187)......

FORTUNE PLUS (187)

BOND FUND
10
10.4039
10.4039
10.4039
SECURED FUND
10
10.0261
10.0261
10.0261
BALANCED FUND
10
9.7314
9.7314
9.7314
GROWTH FUND
10
9.7023
9.7023
9.7023

-------DATE 28.03.2008 NAV of PROFIT PLUS (188).....

PROFIT PLUS (188)
BOND FUND
10
10.4208
10.4208
10.4208
SECURED FUND
10
9.3599
9.3599
9.3599
BALANCED FUND
10
9.6460
9.6460
9.6460
GROWTH FUND
10
9.6071
9.6071
9.6071

-----'DATE 28.03.2008 NAV of MARKET PLUS (181).......

MARKET PLUS (181)
BOND FUND
10
11.8250
11.8250
11.8250
SECURED FUND
10
11.7617
11.7617
11.7617
BALANCED FUND
10
11.7168
11.7168
11.7168
GROWTH FUND
10
12.2498
12.2498
12.2498

------FORTUNE PLUS (187) NAV'S AS ON DATE 27.03.2008............

FORTUNE PLUS (187)
BOND FUND
10
10.4027
10.4027
10.4027
SECURED FUND
10
9.9296
9.9296
9.9296
BALANCED FUND
10
9.6279
9.6279
9.6279
GROWTH FUND
10
9.5631
9.5631
9.5631

----PROFIT PLUS (188) NAV'S AS ON DATE 27.03.2008-----

PROFIT PLUS (188)
BOND FUND
10
10.4280
10.4280
10.4280
SECURED FUND
10
9.3019
9.3019
9.3019
BALANCED FUND
10
9.5898
9.5898
9.5898
GROWTH FUND
10
9.4772
9.4772
9.4772

------FUTURE PLUS (172) NAV'S AS ON DATE 27.03.2008-----

FUTURE PLUS (172)

BOND FUND
10
11.7795
11.7795
11.7795
INCOME FUND
10
13.6511
13.6511
13.6511
BALANCED FUND
10
14.2494
14.2494
14.2494
GROWTH FUND
10
17.6312
17.6312
17.6312

------MONEY PLUS (180) NAV'S AS ON DATE 27.03.2008------

MONEY PLUS (180)
BOND FUND
10
10.8971
10.8971
10.8971
SECURED FUND
10
10.9442
10.9442
10.9442
BALANCED FUND
10
10.6608
10.6608
10.6608
GROWTH FUND
10
10.4445
10.4445
10.4445

----------MARKET PLUS (181) NAV'S AS ON DATE 27.03.2008-----

MARKET PLUS (181)
BOND FUND
10
11.8275
11.8275
11.8275
SECURED FUND
10
11.6598
11.6598
11.6598
BALANCED FUND
10
11.5952
11.5952
11.5952
GROWTH FUND
10
12.0968
12.0968
12.0968

--------Income-tax provisions for the Financial Year ending 31st March, 2007.Tax Slabs----------

I) For any individual other than the individual referred to in item II and III below
Net income range
Income-tax rates
Sur-charge
Education Cess
Upto Rs. 1,00,000
Nil
Nil
Nil
Rs.1,00,000 to Rs.1,50,000
10% of (total income minus Rs.1,00,000)
Nil
2% of income-tax.
Rs.1,50,000 to Rs.2,50,000
Rs.5,000 + 20% of (total income minus Rs.1,50,000)
Nil
2% of income-tax.
Rs.2,50,000 to Rs.10,00,000
Rs.25,000 + 30% of (total income minus Rs.2,50,000)
Nil
2% of income-tax.
Above Rs.10,00,000
Rs.2,50,000 + 30% of (total income minus Rs.10,00,000)
10% of income-tax.
2% of income-tax and sur-charge.

(II) In case of resident women below 65 years of age
Net income range
Income-tax rates
Sur-charge
Education Cess
Upto Rs. 1,35,000
Nil
Nil
Nil
Rs.1,35,000 to Rs.1,50,000
10% of (total income minus Rs.1,35,000)
Nil
2% of income-tax.
Rs.1,50,000 to Rs.2,50,000
Rs.1500 + 20% of (total income minus Rs.1,50,000)
Nil
2% of income-tax.
Rs.2,50,000 to Rs.10,00,000
Rs.21,500 + 30% of (total income minus Rs.2,50,000)
Nil
2% of income-tax.
Above Rs.10,00,000
Rs.2,46,500 + 30% of (total income minus Rs.10,00,000)
10% of income-tax.
2% of income-tax and sur-charge.

(III) In case of Senior citizens above 65 years of age
Net income range
Income-tax rates
Sur-charge
Education Cess
Upto Rs. 1,85,000
Nil
Nil
Nil
Rs.1,85,000 to Rs.2,50,000
20% of (total income minus Rs.1,85,000)
Nil
2% of income-tax.
Rs.2,50,000 to Rs.10,00,000
Rs.13,000 + 30% of (total income minus Rs.2,50,000)
Nil
2% of income-tax.
Above Rs.10,00,000
Rs.2,38,000 + 30% of (total income minus Rs.10,00,000)
10% of income-tax.
2% of income-tax and sur-charge.
Deductions from gross income on Life Insurance premium paid.
Under Sec.80C of the Income Tax Act.Premiums paid upto maximum of Rs.1,00,000 subject to maximum of 20% of Capital sum Assured under Traditional & Unit linked Plans.
Under Sec.80CCC of the Income Tax Act.Premiums paid upto maximum of Rs. 1,00,000 under pension plans.
However, u/s.80 CCE, the aggregate amount of deduction under section 80C, section 80CCC, and section 80CCD shall not, in any case exceed one lakh rupees.
Under Sec.80DD of the Income Tax Act.Premiums paid under plans exclusively for physically handicapped persons upto Rs.50,000/-In case of severe disability as certified & issued by the medical authority upto Rs. 75,000/-
Exemption of Life Insurance Proceeds.Under Sec.10(10D) of the Income Tax Act.
Maturity benefits are tax free. However in cases where premium exceeds 20% of capital sum assured within a year, benefits paid in excess of premiums paid will be taxable.
Death benefits are tax-free.

------------Risks in Market Plus----------

Risks borne by the Policyholder:

i) Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors.

ii) The premium paid in Unit Linked Life Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions.

iii) Life Insurance Corporation of India is only the name of the Insurance Company and LIC's Market Plus is only the name of the unit linked life insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns.

iv) Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document of the insurer.

v) The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.

vi) All benefits under the policy are also subject to the Tax Laws and other financial enactments as they exist from time to time.

------Sensex-Calculation Procedure-------

For the premier Bombay Stock Exchange that pioneered the stock broking activity in India, 128 years of experience seems to be a proud milestone. A lot has changed since 1875 when 318 persons became members of what today is called The Stock Exchange, Mumbai by paying a princely amount of Re 1.

Since then, the country's capital markets have passed through both good and bad periods. The journey in the 20th century has not been an easy one. Till the decade of eighties, there was no scale to measure the ups and downs in the Indian stock market. The Stock Exchange, Mumbai in 1986 came out with a stock index that subsequently became the barometer of the Indian stock market.

Sensex is not only scientifically designed but also based on globally accepted construction and review methodology. First compiled in 1986, Sensex is a basket of 30 constituent stocks representing a sample of large, liquid and representative companies.
The base year of Sensex is 1978-79 and the base value is 100. The index is widely reported in both domestic and international markets through print as well as electronic media.

The Index was initially calculated based on the "Full Market Capitalization" methodology but was shifted to the free-float methodology with effect from September 1, 2003. The "Free-float Market Capitalization" methodology of index construction is regarded as an industry best practice globally. All major index providers like MSCI, FTSE, STOXX, S&P and Dow Jones use the Free-float methodology.

Explanation with an example:

Due to is wide acceptance amongst the Indian investors; Sensex is regarded to be the pulse of the Indian stock market. As the oldest index in the country, it provides the time series data over a fairly long period of time (From 1979 onwards). Small wonder, the Sensex has over the years become one of the most prominent brands in the country.

The growth of equity markets in India has been phenomenal in the decade gone by. Right from early nineties the stock market witnessed heightened activity in terms of various bull and bear runs. The Sensex captured all these events in the most judicial manner. One can identify the booms and busts of the Indian stock market through Sensex.
Sensex Calculation Methodology:

Sensex is calculated using the "Free-float Market Capitalization" methodology. As per this methodology, the level of index at any point of time reflects the Free-float market value of 30 component stocks relative to a base period. The market capitalization of a company is determined by multiplying the price of its stock by the number of shares issued by the company. This market capitalization is further multiplied by the free-float factor to determine the free-float market capitalization.

The base period of Sensex is 1978-79 and the base value is 100 index points. This is often indicated by the notation 1978-79=100. The calculation of Sensex involves dividing the Free-float market capitalization of 30 companies in the Index by a number called the Index Divisor.

The Divisor is the only link to the original base period value of the Sensex. It keeps the Index comparable over time and is the adjustment point for all Index adjustments arising out of corporate actions, replacement of scrips etc. During market hours, prices of the index scrips, at which latest trades are executed, are used by the trading system to calculate Sensex every 15 seconds and disseminated in real time.

Dollex-30:

BSE also calculates a dollar-linked version of Sensex and historical values of this index are available since its inception.

Understanding Free-float Methodology:

Free-float Methodology refers to an index construction methodology that takes into consideration only the free-float market capitalisation of a company for the purpose of index calculation and assigning weight to stocks in Index. Free-float market capitalization is defined as that proportion of total shares issued by the company that are readily available for trading in the market.

It generally excludes promoters' holding, government holding, strategic holding and other locked-in shares that will not come to the market for trading in the normal course. In other words, the market capitalization of each company in a Free-float index is reduced to the extent of its readily available shares in the market.

In India, BSE pioneered the concept of Free-float by launching BSE TECk in July 2001 and Bankex in June 2003. While BSE TECk Index is a TMT benchmark, Bankex is positioned as a benchmark for the banking sector stocks. Sensex becomes the third index in India to be based on the globally accepted Free-float Methodology.
Suppose the Index consists of only 2 stocks: Stock A and Stock B.
Suppose company A has 1,000 shares in total, of which 200 are held by the promoters, so that only 800 shares are available for trading to the general public. These 800 shares are the so-called 'free-floating' shares.
Similarly, company B has 2,000 shares in total, of which 1,000 are held by the promoters and the rest 1,000 are free-floating.
Now suppose the current market price of stock A is Rs 120. Thus, the 'total' market capitalisation of company A is Rs 120,000 (1,000 x 120), but its free-float market capitalisation is Rs 96,000 (800 x 120).
Similarly, suppose the current market price of stock B is Rs 200. The total market capitalisation of company B will thus be Rs 400,000 (2,000 x 200), but its free-float market cap is only Rs 200,000 (1,000 x 200).
So as of today the market capitalisation of the index (i.e. stocks A and B) is Rs 520,000 (Rs 120,000 + Rs 400,000); while the free-float market capitalisation of the index is Rs 296,000. (Rs 96,000 + Rs 200,000).
The year 1978-79 is considered the base year of the index with a value set to 100. What this means is that suppose at that time the market capitalisation of the stocks that comprised the index then was, say, 60,000 (remember at that time there may have been some other stocks in the index, not A and B, but that does not matter), then we assume that an index market cap of 60,000 is equal to an index-value of 100.
Thus the value of the index today is = 296,000 x 100/60,000 = 493.33
This is how the Sensex is calculated.
The factor 100/60000 is called index divisor.
The 30 Sensex stocks are:
ACC, Ambuja Cements, Bajaj Auto, BHEL, Bharti Airtel, Cipla, DLF, Grasim Industries, HDFC, HDFC Bank, Hindalco Industries, Hindustan Lever, ICICI Bank, Infosys, ITC, Larsen & Toubro, Mahindra & Mahindra, Maruti Udyog, NTPC, ONGC, Ranbaxy Laboratories, Reliance Communications, Reliance Energy, Reliance Industries, Satyam Computer Services, State Bank of India, Tata Consultancy Services, Tata Motors , Tata Steel, and Wipro.

------NAV of FUTURE PLUS (172)------

FUTURE PLUS (172)
DATE OF LAUNCH04.03.2005

NAV'S AS ON DATE 25.03.2008
BOND FUND
10
11.7807
11.7807
11.7807
INCOME FUND
10
13.6873
13.6873
13.6873
BALANCED FUND
10
14.2946
14.2946
14.2946
GROWTH FUND
10
17.7132
17.7132
17.7132

------NAV of HEALTH PLUS (901)------

HEALTH PLUS (901)
DATE OF LAUNCH 04.02.2008
NAV'S AS ON DATE 25.03.2008

HEALTH PLUS FUND
10
10.0432
10.0432
10.0432

------NAV of MARKET PLUS (181)------

NAV'S AS ON DATE 25.03.2008
MARKET PLUS (181)
BOND FUND
10
11.8368
11.8368
11.8368
SECURED FUND
10
11.6716
11.6716
11.6716
BALANCED FUND
10
11.6143
11.6143
11.6143
GROWTH FUND
10
12.1474
12.1474
12.1474

MARKET PLUS (181) NAV'S AS ON DATE 15.03.2008

MARKET PLUS (181)
DATE OF LAUNCH05.07.2006
BOND FUND
10
11.8366
11.8366
11.8366
SECURED FUND
10
11.6840
11.6840
11.6840
BALANCED FUND
10
11.5908
11.5908
11.5908
GROWTH FUND
10
12.0169
12.0169
12.0169