NM & MEDICAL RULES- 2023 {GROUP: 1 Plans} (JAN: 2023)

AGE PREFERRED SPECIAL GENERAL CIR- NM:-

(PREFERRED &
NON MEDICAL NON MEDICAL NON MEDICAL SPECIAL GROUPS)

NM VMER LAB NM VMER LAB NM PMER LAB

18 – 35 50 Lac 1 Cr >1 Cr 30 Lac 50 Lac >50 L 12 Lac 20 L >20 L 15 Lac

36 – 45 25 Lac 50 Lac >50 L 20 Lac 30 Lac >30 L 8 Lac 20 L >20 L 10 Lac

46 - 50 13 Lac 20 Lac >20 L 10 Lac 15 Lac >15 L 5 Lac 6L >6 L 2 Lac

51 – 55 0 13 Lac >13 L 0 13 Lac >13 L 0 3L >3 L 0

> 56 0 3 Lac >3 L 0 3 Lac >3 L 0 0 0 0

GROUP I PLANS:
849, 852, 860, 863, 864, 865, 866, 916, 917, 935
936: JEEVAN LABH 945:JEEVAN UMANG 948: BIMA SHREE & PWB RIDER

PRINCE MATHEW, SBA, LIC OF INDIA, THODUPUZHA

 NM & MEDICAL RULES- 2022 {GROUP: II Plans} (JAN 2023)

AGE PREFERRED SPECIAL GENERAL CIR- NM:-

(PREFERRED &
NON MEDICAL NON MEDICAL NON MEDICAL SPECIAL GROUPS)

NM VMER LAB NM VMER LAB NM PMER LAB

18 – 35 30 Lac 1 Cr >1 Cr 25 Lac 50 Lac >50 L 8 Lac 20 L >20 Lac 15 Lac

36 – 45 20 Lac 50 Lac >50 L 15 Lac 30 Lac >30 L 5 Lac 20 L >20 Lac 10 Lac

46 – 50 10 Lac 20 Lac >20 L 8 Lac 15 Lac >15 L 3 Lac 6L >6 Lac 2 Lac

51 – 55 0 13 Lac >13 L 0 13 Lac >13 L 0 3L >3 Lac 0

> 56 0 3 Lac >3 L 0 3 Lac >3 L 0 0 0 0

GROUP II PLANS:
914: NEW ENDOWNMENT 915: NEW JEEVAN ANAND 920: NEW MONEY BACK (20 Yrs)
921: NEW MONEY BACK (25 Yrs) 933: JEEVAN LAKSHYA

PRINCE MATHEW, SBA, LIC OF INDIA, THODUPUZHA

 PREFERRED NON MEDICAL GROUP
(INDIANs/ NRIs / FNIOs)
QUALIFICATION:
QUALIFICATION: Degree / PG / Any Professional ANNUAL INCOME:
INCOME: >10 Lac

CATEGORY CONDITIONS

Service: > 3 Months
1 Employed
Employment Contract + Salary A/c Statement: 3 Months OR
(INDIANs/ NRIs / FNIOs)
Form 16 OR

ITR with Computation of Income- Latest
2 Professionals / Self Employed /
Service: > 3 Yrs
Businessman
ITR with computation of Income- 3 Yrs

NRIs / FNIOs  Govt/ Semi Govt/ Reputed Firms/ Any Professionals Jobs
 VMER Compulsory………… Special Reports: As per CHART 1

Mail Order Business
 (Non Medical is allowed only if Agent visits Foreign Country)

RIDERS: PWB & TR Non Medical as per Non Medical limit.

PRINCE MATHEW, SBA, LIC OF INDIA, THODUPUZHA

 SPECIAL NON MEDICAL GROUP INDIANs & NRIs Only - (No FNIOs)

CATEGORY QUALIFIC ANNUAL CONDITIONS

ATION INCOME

Service: > 3 Months

Employment Contract + Salary A/c Statement:
------------- 3 Months OR
1 EMPLOYED > 2.5 Lac

Form 16 OR

ITR with Computation of Income- Latest
 ITR with Computation of Income- 3 Yrs
2 Professionals Professional > 2.5 Lac  Age: <35: ITR with Computation of Income- Latest

Self
3 Employed / >SSLC >10 Lac  ITR with Computation of Income- 3 Yrs
Businessman

Service: > 1 Yr

Employment Contract + Salary A/c Statement: 3
------------- >2.5 Lac Months /
4 NRIs

Employment Contract + Salary Certificate: 1 Yr /

ITR with Computation of Income- 3 Yrs

FNIOs  SPECIAL GROUP Privilege is not available.
 Will be treated under GENERAL GROUP Rules.
 Special Reports: As per CHART 2

MAIL ORDER BUSINESS  VMER Compulsory…… Special Reports: As per CHART 1

RIDERS: PWB & TR Non Medical as per Non Medical limit.

PRINCE MATHEW, SBA, LIC OF INDIA, THODUPUZHA
 MINOR LIVES
AGE NON JFMR LAB SA Conditions
MED.. (Blood & Urine)

0–4 40 Lac UL NA < 25 Lac No PWB/ Matching Insurance

5–9 40 Lac 40 – 75 >75 Lac 25 – 50 Lac With PWB/ Matching Insurance

10 – 17 15 Lac 15 – 75 >75 Lac > 50 Lac Matching Insurance compulsory

MAJOR STUDENTS (18-30) REQUIREMENTS

NM VMER LAB
Form 340

GROUP I: 25 Lac 30 Lac 2 Cr
Parents Income Proofs

GROUP II: 20 Lac 30 Lac 2 Cr
Latest Exam Hall Ticket / School Fee Receipt

>50 Lac Matching Insurance
Letter: Parent & Child

CIR: <10 Lac Non Med..
Email ID

CIR: > 10 Lac Lab Reports: FBS + ECG

PRINCE MATHEW, SBA, LIC OF INDIA, THODUPUZHA

 MAIL ORDER BUSINESS FEB 2023

AGE PREFERRED GROUP SPECIAL GROUP GENERAL GROUP

(NRIs + FNIOs) (NRIs ONLY) (NRIs + FNIOs)

VMER LAB VMER LAB VMER LAB:

CHART 1 CHART 1 CHART 2

18 – 35 1 Cr >1 Cr 50 Lac >50 Lac 20 Lac >20 L

36 – 45 50 Lac >50 L 30 Lac >30 Lac 20 Lac >20 L
46 - 50 20 Lac >20 L 15 Lac >15 Lac 6 Lac >6 L
51 – 55 13 Lac >13 L 13 Lac >13 Lac 3 Lac >3 L
> 56 3 Lac >3 L 3 Lac >3 Lac 0 0

0 – 17 MINOR LIVES >75 Lac:- LAB REPORTS

< 75 Lac - JFMR
(Minor Lives Medical Chart)
18 – 30 MAJOR 20 Lac – 2 Cr:
< 20 Lac - VMER
STUDENTS LAB REPORTS (Chart 2)

PRINCE MATHEW, SBA, LIC OF INDIA, THODUPUZHA