LIC presents DIVYANGANA a new life policy exclusively for women. Women of today have excelled in every aspect of life. They have a distinct presence in every profession, vocation or trade and have distinguished themselves in managing household activities with an inherent instinct to save - to meet the unexpected and the unforeseen. LIC has therefore specially designed a plan for women encouraging you to save for safety and security. The policy provides for funds in times of need like education, marriage etc.

A Perfect gift - It can be a perfect gift to your women in life, mother, wife, sister, daughter ...

MAIN FEATURES

flexibility in premium payment, Periodic Returns of sum assured, Life cover continues despite non-payment of premium Pregnancy and child birth risk along with accident benefit at no extra cost.

ELIGIBILITY

All females between the ages 18 years and 55 years are covered under this policy. Minimum sum assured is Rs. 200,000. Physically disabled women are also eligible subject to certain conditions.

BENEFITS

in 15 year term policy, 20% of the sum assured will be paid at the end of 5 years,10years. remaining 60% of the sum assured along with accrued guaranteed additions and bonuses will be paid at the end of 15 years.

in 20 year term policy, 20% of the sum assured will be paid at the end of 5 years,10years, 15 years. remaining 40% of the sum assured along with accrued guaranteed additions and bonuses will be paid at the end of 20 years.

In case of DEATH of the life assured during the policy term, the full sum assured is payable in addition to survival benefits paid earlier. The guaranteed additions and bonuses accrued if any, as per under noted are also payable.

GUARANTEED ADDITIONS

The guaranteed additions @ Rs.25 per thousand sum assured for the first 5 years premium paid, and thereafter the policy will participate in profit sharing and bonuses will accrue under this policy.

Encashment of survival benefits as and when you need The policy holder at her choice, may avail the survival benefit any time on or after its due date.

FLEXIBILITY

After two years premiums have been paid, whenever premium payment is discontinued, the risk cover for full sum assured will continue for 3 years from due date of first unpaid premium.

ACCIDENT BENEFIT

The double Accident Benefit is available during the premium paying term and even also during the extended risk cover of 3 years due to non payment of premium. The maximum Accident Cover available under this plan will be Rs. 2,000,000/= (this limit excludes accident benefit under other plans.)

OPTION FOR ANNUITY (Pension)

The policy holder can opt for a pension in lieu of the maturity amounts. The annuity rates prevalent at the time of maturity will be applicable. This option should be exercised 6 months before date of maturity.

BENEFIT ILLUSTRATION

• Age : 28 years
• Type of policy : Divyangana 405 – 15
• Period of cover : 15 years
• Basic Sum Assured : Rs. 1,000,000

• Survival Benefit Rs. 200,000 each at the end of 5 years and 10 years
• Maturity Value Rs. 600,000 + Bonus
• Death due to natural causes Rs. 1,000,000 + Bonus
• Death due to an accident Rs. 2,000,000 + Bonus
• Total permanent disability benefit Rs. 8333 monthly