LIC Jeevan Aastha: The Best Way to Secure Your Future

Life Insurance of India (LIC) has introduced a new single premium plan called “Jeevan Aastha” today.  This plan is open only for 45 days. I would suggest this plan for those who prefer Bank Fixed Deposit (FD).  Jeevan Aastha is as good as a Bank deposit plus Insurance. You need to pay only a ONE-time premium.
Jeevan Aastha ( Plan No. 195)

LIC Jeevan Aastha – One Time Premium Policy with Guaranteed Return

In this turbulent market scenario, LIC is providing you an opportunity for safe, highly reasonable, and guaranteed return along with risk cover through a new plan, “JEEVAN AASTHA”, launched on 8th December 2008. The plan is for a limited period of 45 days and is available for ages between 13-60 years for 5 years and 10 years term, attractive features of Jeevan Aastha is highlighted below.

1.    Investment Security: Ensures security of capital invested for 5/10 yrs.
2.    No Limit On Investment Amount: Starts from Rs.25,000/-
3.    Guaranteed Returns: 10 yrs 10% p.a. and 5 yrs 9% p.a. return
4.    Maturity Benefit: Maturity sum Assured + Guaranteed Additions + Loyalty Additions
5.    Easy Liquidity
6.    Loan on Policy facility available
7.    Live Cover available.
8.    Tax Exemption on Entry and Tax-Free Maturity As per Rules.

We are sure you would like to invest your money in “JEEVAN AASTHA” for secure returns.  We are just an email away. Or Just an SMS/call to give doorstep service.

Jeevan Aastha Features and details:

  1. Availability: 08-12-2008 to 21-01-2009
  2. One-time payment plan
  3. Guaranteed Returns + Loyalty Additions.
  4. High-Risk Cover
  5. Convenient Terms (5 Yrs and 10 Yrs)
  6. Tax Rebate and Tax-Free maturity

Maturity Benefits:

Maturity Sum Assured and Guaranteed Addition and Loyalty Addition, if any, Shall be payable. ( Maturity Sum Assured shall be 1/6th of Basic Sum Assured)

Also Read  LIC Jeevan Kishore

Death Benefit:

  • During the first policy year: Basic Sum Assured with Guaranteed Addition
  • After 1st policy year excluding last policy year: 1/3rd of Basic Sum Assured with Guaranteed Addition
  • During last policy year: 1/3rd of the S.A. Guaranteed Addition and Loyalty Addition, if any.

Guaranteed Addition:
Rs. 100 per thousand of Maturity Sum Assured per year for a policy of 10 years term.
Rs. 90 per thousand of Maturity Sum Assured per year for a policy of 5 years term.

Eligibility Conditions and Restrictions:


a:) Minimum Entry Age: 13 Years completed
b:) Maximum Entry Age: 60 Years ( Nearest birthday)
c:) Minimum Basic Sum Assured: Rs. 1,50,000/-
d:) Maximum Basic Sum Assured: No Limit
j:) Large Sum Assured Rebate: Available
e:) Policy Term: 5 or 10 years
f:) Mode of premium payment: Single Premium
g:) Loans: Available after 1 year
h:) Backdating interest: Allowed @ rate of 10% (for dating back in excess of one month)

Large Sum Assured Rebate: Calculated on per thousand basis.

Basic Sum AssuredRebate
Term – 5 yearsTerm – 10 years
Below Rs.3,00,000NilNil
Rs.3,00,000 to Rs.5,99,999Rs. 2.00Rs. 3.00
Rs.6,00,000 to Rs.11,99,999Rs. 2.50Rs. 3.50
Rs 12,00,000 and aboveRs. 3.00Rs.4.00

Example Single Premium rates per Rs.1000 Basic SA Table Below:

Age at entryPolicy Term 5 yearsPolicy Term 10 years
20174.50165.00
30174.70165.40
40176.10167.95
50180.85175.90

LIC’s Jeevan Aastha is a new single premium plan that offers life insurance cover and returns that are as good as bank fixed deposits. The plan is open for 45 days, and I suggest it for those who prefer bank FDs. The one-time premium makes this an affordable option, and the returns are locked in so there’s no risk of loss.

Also Read  LIC Jeevan Arogya

Update: Plan No.195 has been Discontinued.

  1. send ur agent. i live near by karolbagh. my no. is 9x7xx3x1xx (Mobile No. edited to protect users privacy- Admin)

    • @mahesh malhotra, Sorry we do not have network in Delhi. But we will have soon.

      You may contact your Nearest LIC Branch

      LIC OF INDIA,DELHI 108
      B O UNIT NO 108
      2212 GURUDWARA RD KAROL BAGH.
      NEW DELHI
      City: KAROL BAGH
      State:
      Pin Code: 110005

  2. please notif via e mail

  3. i would like to invest 1000000 please let me know how much amount i will get after 5 year and 10 years i need the exact amout because i dont want to calculate the yearly benifits even i dont know how to to calculate please reply me as soon as possible your quick reply is highly appreciate

    many thanks
    m haneef kuwait

    • @m haneef,

      If you invest 10 lacs the maturity amount after 5 years would be 14.5 lacs plus loyalty bonus about 3% approx return would be 16lacs after 5 years.

      For 10 yrs term maturity amount would be 20lacs + loyalty bonus. Appox amount would be 25lacs.

      Let me know, if you have any question.

  4. Hi,

    How much Loyalty addition is given. Is this a guaranteed money?

    • Hello Amit,

      The loyalty addition depends on LIC’s performance thats why its approx. amount. (Approx 4%)

      Do let me know, if you have any other question.

      Thanks.

  5. D.Rama chandra Reddy December 10, 2008 at 8:27 am

    Dear sir.

    kindly send the detials of jeevan astha policy and example of table format we will under stand easily.

    Thanks and regards
    D.Rama chandra Reddy

    • Hello Rama,

      Sorry for the inconvenience.

      The tabular format is not yet ready.

    • D.Rama chandra Reddy December 10, 2008 at 11:13 am

      Dear sir,

      kindly you will send the detials of jeeva astha give on example to put investment.

      • Hello Rama,

        The minimum investment in Jeevan Aastha is Rs.25000/-
        the Insurance cover would be Rs. 1,50,000/-

        Return on maturity would be approx 12 and 14% for 5 and 10 years plan respectively.

        i.e. If you invest Rs. 25000/-
        On maturity you will receive your 25k back plus 10% return per year + loyalty additions if any.

        Please contact me, if you have any doubt: You can email me at info@mypaisa.in

  6. Jagannath. S. Methre December 10, 2008 at 5:58 am

    hi lic team,
    congrates for your efforts to launch this new policy.
    i would like to know more about ‘jeevan astha’
    give details in a ready made tabular form it will be easy to understad and decide
    jagannath

    • Hello Jagannath,

      Thank you for your suggestion.

      The minimum investment under Jeevan Aastha is Rs.25000/-

      When the sum is matured you will get =
      Maturity Sum Assured + Guaranteed Addition ( 9% or 10% per year 5 or 10 year plan respectively) + and Loyalty Addition, if any.

  7. hi
    i would like to know the min investment in this plan and what amount i will get after the sum is matured after 5yrs or 10yrs

    • Hello Varsha,

      The minimum investment under Jeevan Aastha is Rs.25000/-

      When the sum is matured you will get =
      Maturity Sum Assured + Guaranteed Addition ( 9% or 10% per year 5 or 10 year plan respectively) + and Loyalty Addition, if any.

      • hello

        i’m still not convinced with your reply i want to know the exact sum i’ll get after the maturiy period of 5yrs or 10yrs for a min balance of 25,000/-and also do write to me about what is this loyalty addition all about

        regards
        varsha

        • Hello Varsha,

          Sorry for the inconvenience.

          If you invest Rs.25,000/- for 10 years
          You will receive Basic Sum Assured 1,50000/6= 25,000/- (Your investment)+ Guaranteed addition 10% every year Rs.2500 + Loyalty addition approx Rs.12,000
          In short your maturity amount would be Approx Rs.62,000/-

          The loyalty addition depends on LIC’s performance thats why its approx. amount.

          Do let me know, if you have any other question.

          Thanks.

  8. Hi LIC Team,
    It would be better if you could publish the details of minimum investment amount, online application form link, portfolio of investments, Estimated return in LICINDIA.in website.

    • Hello Saravanan,

      Thank you for your suggestion.
      This is not the LIC’s official site.
      You can submit your feedback at licinda.in

      However, the Minimum investment under this plan is Rs.25000/- (One time premium)

      Estimated returns are:
      Maturity Sum Assured + Guaranteed Addition ( 9% or 10% per year 5 or 10 year plan respectively) + and Loyalty Addition, if any.

      If you are in Mumbai then drop an email of your requirement at info@mypaisa.in we will arrange someone to pickup your document and form.

      Thanks.

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