LIC’S  NEW JEEVAN BHARATI-I (PLAN No. 192): launched on 30th July 2008, Plan has been designed exclusively for females. This is a money back plan having optional Accident Benefit, Critical Illness Benefit and Congenital Disability Benefit as Riders. Plan will be available in 15 & 20 Term and Yearly mode only.This Special Plan is Designed for Indian Working Women in India.

Jeevan Bharati (Plan No-160) withdrawn with effect from 30th July,2008 will now be available under Discontinued Plans

Plan No.192 Benefits:
a) Death Benefit
An amount equal to the Sum Assured under the basic plan along with Reversionary
Bonuses, and Final Addition Bonus, if any, will be payable.

b) Survival Benefits
Survival benefits will be payable 20% of Sum Assured at end 5th year during the Policy Term.

c) Maturity Benefit
For policy term of 15 years: 60% of the Sum Assured under the basic plan along with vested Reversionary Bonuses and Final Additional Bonus, if any, will be payable.

For policy term of 20 years: 40% of the Sum Assured under the basic plan along with vested Reversionary Bonuses and Final Additional Bonus, if any, will be payable.

Special Features

  • Free Insurance Cover: Provided at least two years’ premiums have been paid under a policy, full death cover (irrespective of survival benefits payment made) will admissible for period of three years from the date of first unpaid premium.
  • Encashment of survival benefits as and when needed: A policyholder can take the survival benefits on or after the due dates, but before the date of maturity.
  • Accident and Disability Benefit (optional): Accident Benefit can be availed under this plan, subject to the payment of an additional premium of Re.1/- per thousand Sum Assured. This is inclusive of the maximum limit of Rs.50,00,000 placed under other life insurance plans taken from Life Insurance Corporation of India.
  • Critical Illness Rider (Optional): Critical Illness Benefit is payable for any of the critical illness (as listed by LIC) occurrence during the rider term.
  • Premium Waiver under Critical Illness (Optional): If opted will waive all the future premiums on the occurrence of the critical illness.
  • Congenital Disabilities Benefit (CDB) (Optional):
    An amount equal to 50% of the Sum Assured (subject to a maximum of Rs 5 lakh) will be payable under the plan on the birth of the child with any one or more of the Congenital Disabilities listed below. This benefit is available for two children only and will not be payable if the birth of the child occurs after the proposer attains the age of 40 years. This benefit will be payable only if age at entry is upto age 35 years.

Downs Syndrome

  • Downs Syndromew
  • Tetralogy of fallotw
  •  Spina Bifida
  • Oesophageal Atresia & Tracheo-oesophageal Fistula
  •  Cleft Palate with or without Cleft Lip
  • Anal Atresia, Imperforate anus

Eligibility Conditions and Restrictions
Basic Plan

a) Minimum Sum Assured : Rs.50,000/-
b) Maximum Sum Assured : Rs 25,00,000/-
c) Minimum age at entry : 18 years completed.
d) Maximum age at entry : 55 years nearest birthday
e) Maximum age at maturity : 70 years nearest birthday
f) Policy Term : 15 & 20 years
The Sum Assured shall be in multiples of Rs. 5,000

Accident Benefit Rider:
a) Minimum Sum Assured : Rs. 50,000
b) Maximum Sum Assured : An amount equal to the Sum Assured under the
Basic Plan subject to the maximum of Rs.50 lakh overall limit considering the
Accident Benefit Sum Assured in respect of all existing
The Sum Assured shall be in multiples of Rs. 5,000.
c) Minimum Entry Age : 18 years completed
d) Maximum Entry Age : 55 years nearest Birthday
e) Policy Term : 15 & 20 years
f) Maximum Maturity Age : 70 years nearest Birthday

Critical Illness Rider
a) Minimum Sum Assured : Rs. 50,000
b) Maximum Sum Assured : An amount equal to Critical Illness Rider Sum Assured subject to the maximum of Rs.5 lakh overall limit taking all critical illness riders under all existing policies of the life assured and the critical illness rider option under the new proposal into consideration.
The Sum Assured shall be in multiples of Rs.10,000/-.
c) Minimum Entry Age : 18 years completed
d) Maximum Entry Age : 50 years nearest Birthday
e) Policy Term : Same as basic plan or till age 60 years nearest birthday whichever is earlier.
f) Maximum Maturity Age : 60 years nearest Birthday

If PWB is opted for, then the term of the rider should be same as that of the term of the basic plan.
If PWB (under the Critical Illness Rider) is opted for, then the following
conditions apply:
(i) The term of all the riders opted for must be same as that of the basic plan.
(ii) The Sum Assured of all the riders opted for must be same as that of the
basic plan.

Congenital Disability Benefit Rider:
a) Minimum Sum Assured : Rs.50,000
b) Maximum Sum Assured : Rs 500,000
Rs.5 lakh is the maximum limit taking all Congenital Disability Benefit Rider
under all policies of the life assured including the new proposal into
consideration.
c) Minimum Entry Age : 18 years completed
d) Maximum Entry Age : 35 years nearest birthday
e) Maximum Benefit Ceasing Age : 40 years nearest birthday
f) Terms allowed : Same as the basic plan or till age 40 years nearest birthday, whichever is earlier.
Sum Assured will be in multiples of Rs 5000 only.

Contact us for free quotes on LIC’s Jeevan Bharti Life Insurance Policy Charts Presentations Options Reviews. Our LIC of India’s Authorised Agent/ Insurance Advisor/Consultant will Contact you

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