UIN No: 512A212V01

Features & Conditions:

LIC’s NEW CRITICAL ILLNESS BENEFIT RIDER(CIR) Minimum age at entry : 18 years lbd
(Cir: PD/90 Dtd 19/12/2016, NB&R/156 Dtd 20/12/2016, Launch Date: 19/12/2016) Maximum age at entry : 65 years lbd
DETAILS: Max. cover ceasing age : 75 years nbd
Allowed under following Plans at the time of Inception only: Term of Rider:
Plan 814 - New Endowment Plan Plan 836 - Jeevan Labh  Regular Prem. Policies: 5 to 35 years.
Plan 815 - New Jeevan Anand Plan 838 - Jeevan Pragati  Limited PPT Policies : 10 to 35 years.
Plan 820 - New Money Back Plan - 20 yrs Plan 845 - Jeevan Umang  Policy Term and PPT should match with
Plan 821 - New Money Back Plan - 25 yrs Plan 847 - Jeevan Shiromani Basic Plan.
Plan 830 - Ltd Payment Endowment Plan 848 - Bima Shree Minimum S.A. : `1,00,000 & in
multiples as per Basic Plan.
DEATH BENEFIT: No Death Benefit is payable. Maximum S.A. : Equal to or less then
MATURITY BENEFIT: No Maturity Benefit is payable. S.A under Basic Plan. Maximum `25,00,000
under all Policies. (CIR taken under Old Plans
CRITICAL ILLNESS BENEFIT: On first diagnosis of any one of the 15 Critical
will not be counted.)
Illnesses given below, Critical Illness SA is paid only once during the policy term:
1. Cancer of Specified Severity 9 . Aortic Surgery Review of Premiums: Premium rates can be
1 0 . Alzheimer's Disease/ revised every 5 years.
2. Open Chest CABG
Dementia Waiting Period: 90 days for first diagnosis of
3. Myocardial Infarction 1 1 . Blindness Critical illness from DOC of risk cover/revival.
4. Kidney Failure Requiring Regular Dialysis 1 2 . Third Degree Burns No waiting period under accident cases.
5. Major Organ /Bone Marrow Transplant 1 3 . Open Heart Replacement or Survival Period: 30 days from date of
(As Recipient) Repair of Heart Valves diagnosis. If death occurs within Survival
6. Stroke Resulting in permanent symptoms 1 4 . Benign Brain Tumor Period CIR benefit is not payable.
7. Permanent Paralysis of Limbs
1 5 . Primary (Idiopathic) Mode of Payment: As per Basic Plan.
8. Multiple Sclerosis with persisting
Pulmonary Hypertension
symptoms Mode Rebate : As per Basic Plan
CIR benefit payable will subject to Definition of Critical illnesses, Conditions, High S.A. Rebate : Nil
Restrictions, Waiting Period, Survival Period, Exclusions and Submission of Claim
Requirements within 120 days from the date of occurrence of any critical illness. Policy Loan: Not Available
Grace Period: As per Basic Plan
Example: Age- 35, Basic Plan: 814, Term - 25 years, S.A - `5,00,000, CIR S.A.: `5,00,000
Revivals: Along with Basic Plan only.
Entry In case of Critical In case of Death Maturity
Age 35 Age 60 Surrender Value: Payable under Limited
illness at Age 40 at Age 50
Premium Policies.
Claim Concessions: Not Applicable.
Death Benefit
Back Dating: Allowed as per Basic Plan.
= Death Benefit of Basic Plan
(Whether CIR Benefit Availed or Not) Proposal Form: As per Basic Plan.
Maturity Benefit
Current GST Rate: As per Basic Plan
= Maturity Benefit of Basic Plan
Critical Illness Rider Benefit (Whether CIR Benefit Availed or Not) Tax Benefits :
= CIR SA Opted + Rider Benefit Stops. On CIR Premiums : u/s 80D
CIR claim : Tax Free
= ` 5, 00,000 + Future Premiums of basic Plan only will continue.

Underwriting Rules:
Actual Sum Assured (ASA) for CIR-SUC:
Female Lives:
Basic S.A under New CIR Policies only is to be taken and
Allowed to Category A1 and A2 only.
not to be clubbed with ASA under Basic Plan.
Pregnant ladies: Not Allowed.
Non -Medical Schemes:
Sub-Standard Major lives:
Allowed under NMS, NMG(Professional) B1( a) & (b), & Major
Up to EMR Class Two only, Physically Handicapped Lives
Students:
are not allowed.
Maximum CIR-SUC
Age nbd Financial Underwriting:
NMS & NMG Professional- B1(a) & (b)
18 to 35 15 Lakhs Age Group Max CIR-TRSA Allowed
36 to 45 10 Lakhs 18 -45: 8 times of Avg. income of last 3 yrs,
46 to 50 2 Lakhs 46-65: 5 times of Avg. income of last 3 yrs, and will be
Major Students upto age 30 yrs: 10 Lakhs. included in TRSA eligibility.
MHR is required as per SUC of Basic Plan.
Medical Examination & Special Reports:
FMR & Special Reports are required as per CIR-SUC, Occupation Extra: Not Allowed to Proponents attracting
ECG & FBS are must in case of: occupation extra.
i. Age 18-35 Yrs & CIR-TRSA above 5 lakhs. Keyman/Partnership/Empl-Employee:
ii. Age 36 Years LBD & above. Allowed only under Employer-Employee
Non-Standard Age Proofs: Not allowed NRIs & FNIOs : Not Allowed.

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