LIC’s Jeevan Aastha is a single premium assurance plan which offers guaranteed benefits on death and maturity. The Plan is close ended and would be available for a maximum period of 45 days from the date of its launch i.e. 08.12.2008 .

1.Eligibility conditions and other 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
The basic sum assured shall be available in multiples of Rs. 30,000.
e) Policy Term : 5 or 10 years
f) Premium payment mode : Single premium only

2.Premium rates

Specimen Single Premium rates per Rs.1000 Basic Sum Assured for some of the ages are
as under:

Age at entry Policy Term
5 years
Policy Term
10 years
20 174.50 165.00
30 174.70 165.40
40 176.10 167.95
50 180.85 175.90



High Sum Assured Rebates per Rs. 1,000 Basic Sum Assured :


Basic Sum Assured Rebate
Term – 5 years Term – 10 years
Below Rs.3,00,000 Nil Nil
Rs.3,00,000 to Rs.5,99,999 Rs. 2.00 Rs. 3.00
Rs.6,00,000 to Rs.11,99,999 Rs. 2.50 Rs. 3.50
Rs 12,00,000 and above Rs. 3.00 Rs.4.00



Loan facility will be available to you under this plan , after completion of one policy year.

5.Surrender value

The policy can be surrendered for cash after the policy has run for at least one year. The minimum Guaranteed Surrendered Value allowable is equal to 90% of the Single premium paid excluding all extra premiums.
Corporation may however pay Special Surrender value as applicable on the date of surrender provided the same is higher than the guaranteed Surrender Value.
The Special Surrender Value will be the discounted value of the Maturity Sum Assured and Guaranteed Additions accrued as on date of surrender.

6.Cooling-off period

In case one is not satisfied with the “Terms and Conditions” of the policy , the same can be returned to us within 15 days ;