{"uin":"512N393V01","name":"LIC’s New Jeevan Sathi - Single Premium","url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01","insurer":{"slug":"lic","name":"Life Insurance Corporation of India","url":"https://indiainsurances.com/insurer/lic"},"line":"life","category":"savings-life","category_name":"Endowment and savings plans","irdai_type":null,"kind":"product","status":"active","approved_on":null,"withdrawn_on":null,"summary":"LIC’s New Jeevan Sathi - Single Premium is a non-par, non-linked, individual savings plan for joint lives with a single premium. It has Option I and Option II death benefit choices, guaranteed additions of Rs 70 per thousand Basic Sum Assured each policy year, and a 30-day free-look period.","analysis":{"state":"machine","analysed_at":"2026-10-20 00:51:44.427228+00","note":"First pass: one AI reading; every stated fact carries a verbatim quote found in the cited clause, but it has not been reviewed. Check the clause before relying on it."},"facts":[{"key":"plan_variants","label":"Plans and variants","section":"Overview","meaning":"The named plans inside this product (not cover types or payout options). Facts can differ between them.","status":"quote-verified","value":["Option I","Option II"],"display":"Option I and Option II","note":"These are printed as Death Benefit Options.","quote":"The “Sum Assured on Death” shall depend upon the Death Benefit Option chosen and shall be as under:\nUnder Option I: “Sum Assured on Death” shall be the higher of\n• 1.25 times of Tabular Single Premium or\n• Basic Sum Assured Under Option II: “Sum Assured on Death” shall be 10 times of Tabular Single Premium","sources":[{"clause":"1(iii)","heading":null,"page":7,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-1-iii"}],"law":[]},{"key":"policy_term","label":"Policy term","section":"Eligibility","meaning":"How long one policy runs before it ends or must be renewed.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]},{"key":"claim_intimation","label":"Claim intimation deadline","section":"Claims","meaning":"How soon you must tell the insurer about a claim or hospitalisation.","status":"quote-verified","value":"The claimant must intimate LIC about the insured event resulting in a claim at the earliest possible time.","display":"At the earliest possible time","note":null,"quote":"The claimant is required to intimate the Corporation, about the happening of the insured event resulting into a claim under the policy, at the earliest possible time.","sources":[{"clause":"4(a)","heading":"Death Claim","page":12,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-4-a"}],"law":[{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 20, 21","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_documents","label":"Claim documents","section":"Claims","meaning":"Documents the insurer asks for when you claim.","status":"quote-verified","value":["Death claim: claim forms, original Policy Document, NEFT mandate, proof of title, proof of death, medical treatment prior to death, school/college/employer’s certificate where applicable, and proof of age if age is not admitted","Unnatural death or accident: copies of First Information Report (FIR), Panchnama and Post Mortem report","Maturity claim or surrender: discharge form, original Policy Document, NEFT mandate and proof of age if age is not admitted earlier"],"display":"Death claim forms and proofs; FIR/Panchnama/Post Mortem for unnatural or accidental death; discharge form and policy document for maturity or surrender","note":"LIC may also call for additional documents.","quote":"The normal documents which the claimant shall submit while lodging the claim in case of death of the Life Assured(s) shall be claim forms, as prescribed by the Corporation, accompanied with original Policy Document, NEFT mandate from the claimant for direct credit of the claim amount to the bank account, proof of title, proof of death, medical treatment prior to the death (if any), school/college/employer’s certificate, whichever is applicable, to the satisfaction of the Corporation. If the age is not admitted under the policy, the proof of age of the Life Assured shall also be submitted. ... In case of unnatural death or death on account of or arising from an accident, the Corporation reserves the right to call for the copies of First Information Report (FIR), Panchnama and Post Mortem report. ... Where the policy results in a Maturity Claim or in case of surrender of the policy, the Life Assureds/Proposers shall submit the discharge form along with the original Policy Document, NEFT mandate from the claimant for direct credit of the claim amount to the bank account besides proof of age, if the age is not admitted earlier.","sources":[{"clause":"4(a)","heading":"Death Claim","page":12,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-4-a"},{"clause":"4(b)","heading":"Maturity Claim/Surrender","page":12,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-4-b"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 17","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 23","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_settlement_time","label":"Claim settlement time promised","section":"Claims","meaning":"How quickly the policy says a claim is decided or paid, and from when that is counted (intimation or last document).","status":"quote-verified","value":"Death claims not requiring investigations are settled in 15 days. Early death claims requiring investigations have decision and payment in 45 days. Maturity claims are settled on the due date.","display":"Death claims: 15 days if no investigation; early death claims requiring investigation: 45 days; maturity claims: on due date","note":"The CIS does not state from when the 15-day or 45-day period is counted.","quote":"1 | Death Claims | Death claims settlements not requiring Investigations | 15 days\nEarly Death Claims requiring investigations -decision & payment | 45 days ... 2 | Maturity Payment | Settlement of Maturity Claims | On due date","sources":[{"clause":"Row 1","heading":"Death Claims","page":3,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11851#c-row-1-2"},{"clause":"Row 2","heading":"Maturity Payment","page":3,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11851#c-row-2-2"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 64UM(4) to (6)","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 10","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 15","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 16","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(i), V.3(ii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.4","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 23","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"The Motor Vehicles Act, 1988: Chapter XI, insurance of motor vehicles against third party risks","section":"Section 149","url":"https://indiainsurances.com/law/motor-vehicles-act-1988"}]},{"key":"exclusions_main","label":"Main exclusions","section":"Exclusions","meaning":"What the policy does not pay for, in the policy's own words.","status":"quote-verified","value":["Suicide within 12 months: 80% of the Single Premium paid or the Surrender Value, whichever is higher","Untrue or incorrect statement or withholding material information: policy void and claims subject to Section 45","No surrender value on riders"],"display":"Suicide within 12 months pays 80% of Single Premium paid or Surrender Value, whichever is higher; misstatement/non-disclosure can void the policy; no surrender value on riders","note":null,"quote":"In case of death due to suicide of either Life Assured or both lives assured simultaneously within 12 months from the date of commencement of risk under the policy, the nominee or the beneficiary of the Policyholder shall be entitled to 80% of the Single Premium paid or the Surrender Value available as on the date of death, whichever is higher. ... In case any condition(s) herein contained or endorsed hereon be contravened or in case it is found that any untrue or incorrect statement is contained in the proposal, personal statement, declaration and connected documents or any material information is withheld, then and in every such case this policy shall be void and all claims to any benefit in virtue of this policy shall be subject to the provisions of Section 45 of the Insurance Act, 1938, as amended from time to time. ... No surrender value will be available on Riders(s), if any.","sources":[{"clause":"2","heading":"Suicide Exclusion","page":12,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-2-5"},{"clause":"2","heading":"Forfeiture in Certain Events","page":8,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-2-4"},{"clause":"3(b)","heading":null,"page":9,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-3-b-2"}],"law":[{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 11","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 16","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grievance","label":"Grievance route","section":"Claims","meaning":"Who to complain to first, as stated in the policy, before going to the Insurance Ombudsman.","status":"quote-verified","value":"Complain first to LIC’s Grievance Redressal Officers at Branch, Divisional, Zonal or Central Office, or register through LIC’s customer portal or email co_complaints@licindia.com. If not satisfied with LIC’s response or no response is received within 15 days, the customer may approach IRDAI, and claim-related grievances can also go to the Insurance Ombudsman.","display":"LIC Grievance Redressal Officers / LIC customer portal / co_complaints@licindia.com first; then IRDAI after 15 days or Ombudsman for claim grievances","note":null,"quote":"The Corporation has Grievance Redressal Officers (GROs) at Branch/ Divisional/ Zonal/ Central Office to\nredress | grievances | of | customers. ... Customers can also contact at e-mail id co_complaints@licindia.com for redressal of any grievances. ... In case the customer is not satisfied with the response or does not receive a response from us within 15 days, then the customer may approach the Policyholder’s Protection and Grievance Redressal Department ... For redressal of Claims related grievances, claimants can also approach Insurance Ombudsman who provides for low cost and speedy arbitration to customers.","sources":[{"clause":"Section 45","heading":"of Insurance Act 1938","page":13,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-section-45"}],"law":[{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 3","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 4","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 5","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(11)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(42)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 34","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 69","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Insurance Act, 1938","section":"Section 38","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 12","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 19","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 20","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 13","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(5), 5(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(9)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 25","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 26","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 11","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"Review of revision in premium rates under health insurance policies for senior citizens, 2025","section":"Para 3","url":"https://indiainsurances.com/law/irdai-senior-premium-2025"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 13","url":"https://indiainsurances.com/law/ombudsman-rules-2017"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 14","url":"https://indiainsurances.com/law/ombudsman-rules-2017"}]},{"key":"sum_assured","label":"Sum assured","section":"Cover","meaning":"The minimum and maximum life cover, or the rule that sets it (for example 10 times the annual premium).","status":"quote-verified","value":"Minimum Basic Sum Assured is Rs. 3,00,000. Maximum Basic Sum Assured has no limits, but the maximum allowed to each individual is subject to underwriting. Sum Assured on Death is the higher of 1.25 times Tabular Single Premium or Basic Sum Assured under Option I, and 10 times Tabular Single Premium under Option II.","display":"Minimum Basic Sum Assured: Rs. 3,00,000; maximum: no limits subject to underwriting; death cover Option I: higher of 1.25 times Tabular Single Premium or Basic Sum Assured; Option II: 10 times Tabular Single Premium","note":"Minimum and maximum Basic Sum Assured limits are from the sales brochure.","quote":"g) | Minimum Basic Sum Assured | Rs. 3,00,000\nh) | Maximum Basic Sum Assured | No limits. However, the maximum Basic Sum Assured allowed to each individual will be subject to underwriting decision as per the Board Approved Underwriting Policy. ... Under Option I: “Sum Assured on Death” shall be the higher of\n• 1.25 times of Tabular Single Premium or\n• Basic Sum Assured Under Option II: “Sum Assured on Death” shall be 10 times of Tabular Single Premium","sources":[{"clause":"2","heading":"Eligibility Conditions and Other Restrictions","page":3,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11874#c-2"},{"clause":"1(iii)","heading":null,"page":7,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-1-iii"}],"law":[]},{"key":"death_benefit","label":"Death benefit","section":"Cover","meaning":"What your family gets if you die during the term, and how it is calculated.","status":"quote-verified","value":"On first death during the policy term, Sum Assured on Death is payable to the surviving Life Assured and the policy continues. On second death, Sum Assured on Death plus accrued Guaranteed Additions is payable to the beneficiaries and the policy terminates. On simultaneous death, the sum of the applicable first-death and second-death benefits is payable. Sum Assured on Death is the higher of 1.25 times Tabular Single Premium or Basic Sum Assured under Option I, and 10 times Tabular Single Premium under Option II.","display":"First death: Sum Assured on Death and policy continues; second death: Sum Assured on Death plus accrued Guaranteed Additions and policy terminates; simultaneous death: sum of first and second death benefits; Option I higher of 1.25 times Tabular Single Premium or Basic Sum Assured, Option II 10 times Tabular Single Premium","note":null,"quote":"On first death during the Policy Term, after the date of commencement of risk but before the stipulated date of maturity, “Sum Assured on Death” shall be payable to the surviving Life Assured. Such policy shall continue for the surviving Life Assured. ... On second death during the Policy Term, after the date of commencement of risk but before the stipulated date of maturity, “Sum Assured on Death” along with accrued Guaranteed Additions shall be payable to the beneficiary(ies) and the policy shall terminate. ... On simultaneous death of both lives assured during the Policy Term, after the date of commencement of risk but before the stipulated date of maturity, Sum of applicable death benefit under first death and second death as specified above shall be payable to the beneficiary(ies) and the policy shall terminate.\nThe “Sum Assured on Death” shall depend upon the Death Benefit Option chosen and shall be as under:\nUnder Option I: “Sum Assured on Death” shall be the higher of\n• 1.25 times of Tabular Single Premium or\n• Basic Sum Assured Under Option II: “Sum Assured on Death” shall be 10 times of Tabular Single Premium","sources":[{"clause":"1(i)","heading":null,"page":7,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-1-i"},{"clause":"1(ii)","heading":null,"page":7,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-1-ii"},{"clause":"1(iii)","heading":null,"page":7,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-1-iii"}],"law":[]},{"key":"maturity_benefit","label":"Maturity benefit","section":"Cover","meaning":"What you get if you survive to the end of the term.","status":"quote-verified","value":"On survival of at least one of the lives assured to the Date of Maturity, Sum Assured on Maturity plus accrued Guaranteed Additions is payable. Sum Assured on Maturity equals Basic Sum Assured, and the benefit may be taken in lump sum or through the Settlement Option.","display":"Basic Sum Assured plus accrued Guaranteed Additions on survival of at least one life to maturity","note":null,"quote":"On survival of atleast one of the lives assured to the stipulated Date of Maturity, “Sum Assured on Maturity” along with accrued Guaranteed Additions, shall be payable, where “Sum Assured on Maturity” is equal to Basic Sum Assured.\nThe Policyholder shall have an option to receive the Maturity Benefit in lumpsum as specified above and/ or in instalments (Settlement Option); as specified in Condition 8 of Part D of this Policy Document.","sources":[{"clause":"1(iii)","heading":null,"page":7,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-1-iii"}],"law":[]},{"key":"premium_paying_term","label":"Premium paying term","section":"Premium","meaning":"For how many years you pay premiums.","status":"quote-verified","value":"The premium paying term is single premium.","display":"Single Premium","note":"From the sales brochure.","quote":"f) | Premium Payment Term | Single Premium","sources":[{"clause":"2","heading":"Eligibility Conditions and Other Restrictions","page":3,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11874#c-2"}],"law":[]},{"key":"maturity_age","label":"Maximum maturity age","section":"Eligibility","meaning":"The oldest age at which cover ends.","status":"quote-verified","value":"Maximum age at maturity is 75 years nearer birthday under Option I and 50 years nearer birthday under Option II.","display":"Option I: 75 years; Option II: 50 years","note":"From the sales brochure.","quote":"e) | Maximum Age at Maturity | Option I: 75 years (Nearer Birthday) Option II: 50 years (Nearer Birthday)","sources":[{"clause":"2","heading":"Eligibility Conditions and Other Restrictions","page":3,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11874#c-2"}],"law":[]},{"key":"suicide_clause","label":"Suicide clause","section":"Exclusions","meaning":"What is paid if death is by suicide within the first 12 months.","status":"quote-verified","value":"If either Life Assured or both lives assured die by suicide within 12 months from commencement of risk, the nominee or beneficiary gets 80% of the Single Premium paid or the Surrender Value available on the date of death, whichever is higher. The premium excludes taxes, underwriting extra and rider premiums other than Term Assurance Rider premium.","display":"Within 12 months: 80% of Single Premium paid or Surrender Value, whichever is higher","note":null,"quote":"In case of death due to suicide of either Life Assured or both lives assured simultaneously within 12 months from the date of commencement of risk under the policy, the nominee or the beneficiary of the Policyholder shall be entitled to 80% of the Single Premium paid or the Surrender Value available as on the date of death, whichever is higher.\nNote: . Premiums referred above shall not include any taxes, extra amount chargeable under the policy due to underwriting decision and rider premium(s) other than Term Assurance Rider premium, if any.","sources":[{"clause":"2","heading":"Suicide Exclusion","page":12,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-2-5"}],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 21","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 35","url":"https://indiainsurances.com/law/irdai-life-products-2024"}]},{"key":"surrender","label":"Surrender value","section":"Renewal and rights","meaning":"What you get if you stop the policy early, and from when.","status":"quote-verified","value":"The policy can be surrendered at any time during the policy term. LIC pays the higher of Guaranteed Surrender Value plus surrender value of accrued Guaranteed Additions, or Special Surrender Value. Guaranteed Surrender Value is 75% of Single Premium Paid during the first three policy years and 90% thereafter; no surrender value is available on riders.","display":"Any time during the Policy Term; higher of GSV plus surrender value of accrued Guaranteed Additions or Special Surrender Value; GSV 75% in first three policy years, 90% thereafter","note":null,"quote":"The policy can be surrendered by the Policyholder at any time during the Policy Term. On surrender of the policy, the Corporation shall pay the Surrender Value higher of: ... a) Guaranteed Surrender Value (GSV) and Surrender Value of accrued Guaranteed Additions; or ... b) Special Surrender Value. ... The Guaranteed Surrender Value under the policy shall be as under:\n- During first three policy years: 75% of the Single Premium Paid\n- Thereafter : 90% of the Single Premium Paid ... No surrender value will be available on Riders(s), if any.","sources":[{"clause":"3","heading":"Surrender","page":8,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-3-4"},{"clause":"3(a)","heading":null,"page":8,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-3-a"},{"clause":"3(b)","heading":null,"page":8,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-3-b"},{"clause":"3(a)","heading":null,"page":8,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-3-a-2"},{"clause":"3(b)","heading":null,"page":9,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-3-b-2"}],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 26.1 to 26.3","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 26.4 and 26.5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 27","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.3","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.6","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.16 and 1.17","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(1) to (3)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(4) and (5)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(6) to (9)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(B)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 2(A)(vi)(c)(V)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"paid_up","label":"Paid-up value","section":"Renewal and rights","meaning":"What cover continues if you stop paying premiums after a few years.","status":"not-applicable","value":null,"display":null,"note":"This is a single premium policy, so stopping future premiums and becoming paid-up cannot apply; the CIS states lapse, paid-up and revival are not applicable.","quote":null,"sources":[],"law":[]},{"key":"revival","label":"Revival period","section":"Renewal and rights","meaning":"How long after lapsing you can restart the policy.","status":"not-applicable","value":null,"display":null,"note":"This is a single premium policy, so revival after non-payment of future premiums cannot apply; the CIS states lapse, paid-up and revival are not applicable.","quote":null,"sources":[],"law":[{"title":"The Insurance Act, 1938","section":"Section 50","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.1 and 40.1.2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.4","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.6","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.7","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.10","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.28","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.39","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"policy_loan","label":"Policy loan","section":"Renewal and rights","meaning":"Whether you can borrow against the policy.","status":"quote-verified","value":"Loan is available within the surrender value during the policy term after three months from the Date of issuance of policy or after the Free-Look Period, whichever is later. The maximum loan is 50% of surrender value in policy years 1 to 2, 60% in years 3 to 5, 65% in years 6 to 9, and 70% from year 10 onward. For loans sanctioned from 1st May, 2025 to 30th April, 2026, the interest rate is 9.50% p.a. compounding half-yearly.","display":"Available within surrender value after 3 months from issuance or after free-look, whichever is later; maximum 50%, 60%, 65% or 70% of surrender value by policy year; 9.50% p.a. for loans sanctioned 1st May 2025 to 30th April 2026","note":null,"quote":"Loan shall be available under the Policy within the surrender value of the policy subject to the following terms and conditions: ... The loan can be availed by the Policyholder during the policy term at any time after three months from the completion of the policy (i.e. 3 months from the Date of issuance of policy) or after expiry of the Free-Look Period, whichever is later. ... Policy Year | Percentage of Surrender value\n1 to 2 | 50%\n3 to 5 | 60%\n6 to 9 | 65%\n10 and above | 70% ... For loan sanctioned during 12 months’ period commencing from 1st May, 2025 to 30th April, 2026, the applicable interest rate shall be 9.50% p.a. compounding halfyearly for entire term of the loan.","sources":[{"clause":"4","heading":"Policy Loan","page":9,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-4-3"},{"clause":"4(i)","heading":null,"page":9,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-4-i"},{"clause":"4(ii)","heading":null,"page":9,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-4-ii"},{"clause":"4(iv)","heading":null,"page":9,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-4-iv"}],"law":[]},{"key":"riders_available","label":"Riders available","section":"Cover","meaning":"Optional add-ons such as accidental death, critical illness or waiver of premium.","status":"quote-verified","value":["LIC’s Accidental Death & Disability Benefit Rider","LIC’s New Term Assurance Rider"],"display":"LIC’s Accidental Death & Disability Benefit Rider; LIC’s New Term Assurance Rider","note":null,"quote":"The following two rider(s) (or amended version of these riders) shall be available. These Riders are available for both lives assured at the inception of the policy under both options on payment of additional premium.\n1) LIC’s Accidental Death & Disability Benefit Rider\n2) LIC’s New Term Assurance Rider","sources":[{"clause":"3","heading":"Rider Benefit","page":7,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-3-3"}],"law":[]},{"key":"section45","label":"Claims after 3 years (Section 45)","section":"Claims","meaning":"After 3 years a life policy cannot be questioned on any ground, and only for fraud with proof before that.","status":"quote-verified","value":"After three years from the date of the policy, date of issuance, commencement of risk, revival, or rider date, whichever is later, the life policy cannot be called in question on any ground. Within three years it may be called in question on the ground of fraud, or on material misstatement or suppression, with written communication of grounds and materials.","display":"No questioning after 3 years; within 3 years only for fraud or material misstatement/suppression with written grounds","note":null,"quote":"No policy of life insurance shall be called in question on any ground whatsoever after the expiry of three years from the date of the policy, i.e. from the date of issuance of the policy or the date of commencement of risk or the date of revival of the policy or the date of the rider to the policy, whichever is later. ... A policy of life insurance may be called in question at any time within three years from the date of issuance of the policy or the date of commencement of risk or the date of revival of the policy or the date of the rider to the policy, whichever is later on the ground of fraud: ... A policy of life insurance may be called in question at any time within three years from the date of issuance of the policy or the date of commencement of risk or the date of revival of the policy or the date of the rider to the policy, whichever is later, on the ground that any statement of or suppression of a fact material to the expectancy of the life of the insured was incorrectly made in the proposal or other document on the basis of which the policy was issued or revived or rider issued:","sources":[{"clause":"1","heading":null,"page":17,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-1-6"},{"clause":"2","heading":null,"page":17,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-2-7"},{"clause":"4","heading":null,"page":17,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-4-6"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 45","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 10","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 10","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.6","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 8","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"tax_note","label":"Tax note in the document","section":"Premium","meaning":"What the document says about tax benefits. Not stated when it only says taxes are charged on the premium. Tax law changes; confirm separately.","status":"quote-verified","value":"The sales brochure says statutory taxes are as per tax laws and that, for income tax benefits or implications on premiums paid and benefits payable, the policyholder should consult a tax advisor.","display":"Consult your tax advisor for income tax benefits/implications","note":"From the sales brochure.","quote":"Statutory Taxes, if any, imposed on such insurance plans by the Government of India or any other constitutional Tax Authority of India shall be as per the Tax laws and the rate of tax as applicable from time to time. ... Regarding Income tax benefits/implications on premium(s) paid and benefits payable under this plan, please consult your tax advisor for details.","sources":[{"clause":"11","heading":"TAXES","page":13,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11874#c-11"}],"law":[]},{"key":"free_look","label":"Free-look period","section":"Renewal and rights","meaning":"Days after you receive the policy in which you can return it for a refund if you do not agree with its terms.","status":"quote-verified","value":{"unit":"days","amount":30},"display":"30 days","note":null,"quote":"During the Free Look period of 30 days from the date of receipt of the electronic or physical mode of Policy Document, whichever is earlier, by the Policyholder, if the Policyholder is not satisfied with the Terms and Conditions of the policy, he/she may return the policy to the Corporation stating the reason of objections.","sources":[{"clause":"6","heading":"Free look period","page":10,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-6-3"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 5","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(1), 20(2)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(3) to 20(5)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, II.8","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grace_period","label":"Grace period","section":"Renewal and rights","meaning":"Days you get after the due date to pay without losing cover or continuity.","status":"not-applicable","value":null,"display":null,"note":"This is a single premium policy, so a grace period for later premium due dates cannot apply; the CIS states grace period is not applicable.","quote":null,"sources":[],"law":[{"title":"The Insurance Act, 1938","section":"Section 50","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 8","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 9","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 8","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, IV.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.2","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 1.3","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"eligibility_entry_age","label":"Entry age","section":"Eligibility","meaning":"The youngest and oldest age at which you can buy this policy.","status":"quote-verified","value":"Minimum age at entry is 18 years completed for both lives under both options. Maximum age at entry is 60 years nearer birthday for Option I and 35 years nearer birthday for Option II.","display":"Minimum 18 years completed; maximum Option I 60 years, Option II 35 years","note":"From the sales brochure.","quote":"a) | Minimum Age at entry (for both lives) | 18 years (Completed) (for both Option I and Option II)\nb) | Maximum Age at Entry (for both lives) | Option I: 60 years (Nearer Birthday) Option II: 35 years (Nearer Birthday)","sources":[{"clause":"2","heading":"Eligibility Conditions and Other Restrictions","page":3,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11874#c-2"}],"law":[]},{"key":"premium_modes","label":"Premium payment options","section":"Premium","meaning":"How often you can pay: yearly, half-yearly, quarterly, monthly.","status":"quote-verified","value":["Single Premium"],"display":"Single Premium","note":"From the sales brochure.","quote":"Mode of payment of premium: | Single Premium","sources":[{"clause":"15","heading":"SAMPLE BENEFIT ILLUSTRATIONS","page":15,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11874#c-15"}],"law":[]},{"key":"premium_type","label":"Premium payment type","section":"Premium","meaning":"Single premium, regular premium (every year of the term) or limited premium (fewer years than the term).","status":"quote-verified","value":["Single Premium"],"display":"Single Premium","note":"From the sales brochure.","quote":"f) | Premium Payment Term | Single Premium","sources":[{"clause":"2","heading":"Eligibility Conditions and Other Restrictions","page":3,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11874#c-2"}],"law":[]},{"key":"guaranteed_benefits","label":"Guaranteed benefits","section":"Cover","meaning":"What is guaranteed, in rupees or as a formula, regardless of the insurer's performance.","status":"quote-verified","value":"This is a non-par policy where death and maturity benefits are guaranteed and fixed as per the policy. Sum Assured on Maturity equals Basic Sum Assured, and Guaranteed Additions accrue at Rs 70 per thousand Basic Sum Assured at the end of each policy year.","display":"Guaranteed death and maturity benefits; Sum Assured on Maturity equals Basic Sum Assured; Guaranteed Additions Rs 70 per thousand Basic Sum Assured each policy year","note":null,"quote":"Under such non-par policies, the benefits payable on death or maturity are guaranteed and fixed as per the terms and conditions of the policy. ... On survival of atleast one of the lives assured to the stipulated Date of Maturity, “Sum Assured on Maturity” along with accrued Guaranteed Additions, shall be payable, where “Sum Assured on Maturity” is equal to Basic Sum Assured. ... The Guaranteed Additions shall accrue at the rate of Rs 70 per thousand Basic Sum Assured at the end of each policy year during the Policy Term.","sources":[{"clause":"29","heading":"Non-Par products","page":5,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-29"},{"clause":"1(iii)","heading":null,"page":7,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-1-iii"},{"clause":"2","heading":"Guaranteed Additions","page":7,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-2-3"}],"law":[]},{"key":"bonus","label":"Bonus type","section":"Cover","meaning":"Participating plans share profits as bonuses; these are NOT guaranteed.","status":"quote-verified","value":"No bonus is payable. The product is non-par and is not entitled to discretionary benefits like bonus or a share in surplus.","display":"No bonus; non-par product not entitled to discretionary benefits like bonus or share in surplus","note":"From the sales brochure.","quote":"This is a non-par product under which benefits payable on death or survival are guaranteed and fixed irrespective of actual experience. Hence the policy is not entitled to any discretionary benefits like bonus etc. or share in Surplus.","sources":[{"clause":null,"heading":"LIC’s New Jeevan Sathi - Single Premium","page":2,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11874#c-lics-new-jeevan-sathi-single-premium"}],"law":[]},{"key":"illustration_returns","label":"Illustrated returns","section":"Cover","meaning":"The benefit illustration at the IRDAI rates (4% and 8%); not a promise.","status":"not-stated","value":null,"display":null,"note":"The provided clauses include sample benefit illustrations, but no 4% and 8% illustrated return figures are printed.","quote":null,"sources":[],"law":[]},{"key":"money_back","label":"Survival or money-back payouts","section":"Cover","meaning":"Instalments paid during the term.","status":"quote-verified","value":"No separate money-back instalments during the policy term are stated. The policy lists maturity benefit on survival of at least one life to the Date of Maturity.","display":"No separate money-back instalments during the term; maturity benefit is payable on survival to maturity","note":null,"quote":"The following benefits are payable under a policy ... On survival of atleast one of the lives assured to the stipulated Date of Maturity, “Sum Assured on Maturity” along with accrued Guaranteed Additions, shall be payable, where “Sum Assured on Maturity” is equal to Basic Sum Assured.","sources":[{"clause":"1","heading":"The following benefits are payable under a policy","page":7,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-1-3"},{"clause":"1(iii)","heading":null,"page":7,"url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864#c-1-iii"}],"law":[]}],"documents":[{"kind":"wording","label":"Policy Document","pages":18,"fetched_at":"2026-10-17 19:50:09+00","source_url":"https://licindia.in/documents/20121/1794834/Final+Policy+Document-LIC%27s+New+Jeevan+Sathi_SP_22052026.pdf/8313e3eb-dea0-e381-ea0d-8e0d1d2f102c?t=1779466524628","url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11864"},{"kind":"cis","label":"CIS","pages":5,"fetched_at":"2026-10-17 19:49:46+00","source_url":"https://licindia.in/documents/20121/1794834/Final++CIS+_LIC%27s+New+Jeevan+Sathi_SP_22052026.pdf/d2de5a37-c475-8da2-8f18-f2b231a1fc15?t=1779466523952","url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11851"},{"kind":"brochure","label":"Sales Brochure","pages":23,"fetched_at":"2026-10-17 19:50:20+00","source_url":"https://licindia.in/documents/20121/1794834/LIC_New+Jeevan+Sathi+Single+Premium_Sales+Brochure_4+inch+x+9+inch_Eng+%285%29.pdf/7e61e3bd-b05f-37a5-c15a-5de289499d8e?t=1779466525418","url":"https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01/document/11874"}],"versions":[],"where_to_buy":[{"purpose":"buy","kind":"insurer","name":"LIC official website","url":"https://www.licindia.in/","note":"Buy directly from the insurer."},{"purpose":"buy","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"claims_and_complaints":[{"purpose":"claim","kind":"insurer","name":"Claims settlement requirements","url":"https://licindia.in/web/guest/claims-settlement-requirements","note":null},{"purpose":"claim","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"grievance","kind":"insurer","name":"Grievance redressal","url":"https://licindia.in/web/guest/grievances","note":null},{"purpose":"grievance","kind":"official","name":"Bima Bharosa (IRDAI grievance portal)","url":"https://bimabharosa.irdai.gov.in/","note":"Register and track a complaint against any insurer with IRDAI. Complain to the insurer first; escalate here if the reply is late or unsatisfactory."},{"purpose":"grievance","kind":"official","name":"e-Daakhil (consumer commission e-filing)","url":"https://edaakhil.nic.in/","note":"Not reachable from our crawler on 2026-10-19; use e-Jagriti if this link does not open."},{"purpose":"grievance","kind":"official","name":"e-Jagriti (consumer commission filing)","url":"https://e-jagriti.gov.in/","note":"Ministry of Consumer Affairs platform for consumer commission cases, a route for insurance disputes that the Ombudsman does not settle."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Ahmedabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Gujarat, Dadra & Nagar Haveli, Daman and Diu. Email: oio.ahmedabad@cioins.co.in. Phone: 079 - 25501201/02. Address: Office of the Insurance Ombudsman, Jeevan Prakash Building, 6th floor, Tilak Marg, Relief Road, AHMEDABAD – 380 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bengaluru","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Karnataka. Email: oio.bengaluru@cioins.co.in. Phone: 080 - 26652048 / 26652049. Address: Office of the Insurance Ombudsman, Jeevan Soudha Building,PID No. 57-27-N-19 Ground Floor, 19/19, 24th Main Road, JP Nagar, Ist Phase, Bengaluru – 560 078."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhopal","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Madhya Pradesh, Chhattisgarh. Email: oio.bhopal@cioins.co.in. Phone: 0755 - 2769201 / 2769202 / 2769203. Address: Office of the Insurance Ombudsman, 1st floor,\"Jeevan Shikha\", 60-B,Hoshangabad Road, Opp. Gayatri Mandir,Arera Hills Bhopal – 462 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhubaneswar","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Odisha. Email: oio.bhubaneswar@cioins.co.in. Phone: 0674 - 2596461 /2596455/2596429/2596003. Address: Office of the Insurance Ombudsman, 62, Forest park, Bhubaneswar – 751 009."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chandigarh","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Punjab, Haryana (excluding Gurugram, Faridabad, Sonepat and Bahadurgarh), Himachal Pradesh, Union Territories of Jammu & Kashmir,Ladakh & Chandigarh. Email: oio.chandigarh@cioins.co.in. Phone: 0172-2706468. Address: Office Of The Insurance Ombudsman, Jeevan Deep Building SCO 20-27, Ground Floor Sector- 17 A, Chandigarh – 160 017."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chennai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Tamil Nadu, PuducherryTown and Karaikal (which are part of Puducherry). Email: oio.chennai@cioins.co.in. Phone: 044 - 24333668 / 24333678. Address: Office of the Insurance Ombudsman, Fatima Akhtar Court, 4th Floor, 453, Anna Salai, Teynampet, CHENNAI – 600 018."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Delhi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Delhi & following Districts of Haryana - Gurugram, Faridabad, Sonepat & Bahadurgarh. Email: oio.delhi@cioins.co.in. Phone: 011 - 46013992/23213504/23232481. Address: Office of the Insurance Ombudsman, 2/2 A, Universal Insurance Building, Asaf Ali Road, New Delhi – 110 002."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Guwahati","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Assam, Meghalaya, Manipur, Mizoram, Arunachal Pradesh, Nagaland and Tripura. Email: oio.guwahati@cioins.co.in. Phone: 0361 - 2632204 / 2602205 / 2631307. Address: Office of the Insurance Ombudsman, Jeevan Nivesh, 5th Floor, Near Pan Bazar , S.S. Road, Guwahati – 781001(ASSAM)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Hyderabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Andhra Pradesh, Telangana, Yanam and part of Union Territory of Puducherry. Email: oio.hyderabad@cioins.co.in. Phone: 040 - 23312122 / 23376991 / 23376599 / 23328709 / 23325325. Address: Office of the Insurance Ombudsman, 6-2-46, 1st floor, \"Moin Court\", Lane Opp.Hyundai Showroom , A. C. Guards, Lakdi-Ka-Pool, Hyderabad - 500 004."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Jaipur","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Rajasthan. Email: oio.jaipur@cioins.co.in. Phone: 0141- 2740363. Address: Office of the Insurance Ombudsman, Jeevan Nidhi – II Bldg., Gr. Floor, Bhawani Singh Marg, Jaipur - 302 005."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kochi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Kerala, Lakshadweep, Mahe-a part of Union Territory of Puducherry. Email: oio.ernakulam@cioins.co.in. Phone: 0484 - 2358759. Address: Office of the Insurance Ombudsman, 10th Floor, Jeevan Prakash,LIC Building, Opp to Maharaja's College Ground,M.G.Road, Kochi - 682 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kolkata","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: West Bengal, Sikkim, Andaman & Nicobar Islands. Email: oio.kolkata@cioins.co.in. Phone: 033 - 22124339 / 22124341. Address: Office of the Insurance Ombudsman, Hindustan Bldg. Annexe, 7th Floor, 4, C.R. Avenue, KOLKATA - 700 072."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Lucknow","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Districts of Uttar Pradesh : Lalitpur, Jhansi, Mahoba, Hamirpur, Banda, Chitrakoot, Allahabad, Mirzapur, Sonbhabdra, Fatehpur, Pratapgarh, Jaunpur,Varanasi, Gazipur, Jalaun, Kanpur, Lucknow, Unnao, Sitapur, Lakhimpur, Bahraich, Barabanki, Raebareli, Sravasti, Gonda, Faizabad, Amethi, Kaushambi, Balrampur, Basti, Ambedkarnagar, Sultanpur, Maharajgang, Santkabirnagar, Azamgarh, Kushinagar, Gorkhpur, Deoria, Mau, Ghazipur, Chandauli, Ballia, Sidharathnagar. Email: oio.lucknow@cioins.co.in. Phone: 0522 - 4002082 / 3500613. Address: Office of the Insurance Ombudsman, 6th Floor, Jeevan Bhawan, Phase-II, Nawal Kishore Road, Hazratganj, Lucknow - 226 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Mumbai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: List of wards under Mumbai Metropolitan Region excluding wards in Mumbai – i.e M/E, M/W, N , S and T covered under Office of Insurance Ombudsman Thane and excluding areas of Navi Mumbai. Email: oio.mumbai@cioins.co.in. Phone: 022 - 69038800/27/29/31/32/33. Address: Office of the Insurance Ombudsman, 3rd Floor, Jeevan Seva Annexe, S. V. Road, Santacruz (W), Mumbai - 400 054."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Noida","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Uttarakhand and the following Districts of Uttar Pradesh: Agra, Aligarh, Bagpat, Bareilly, Bijnor, Budaun, Bulandshehar, Etah, Kannauj, Mainpuri, Mathura, Meerut, Moradabad, Muzaffarnagar, Oraiyya, Pilibhit, Etawah, Farrukhabad, Firozbad, Gautam Buddh nagar, Ghaziabad, Hardoi, Shahjahanpur, Hapur, Shamli, Rampur, Kashganj, Sambhal, Amroha, Hathras, Kanshiramnagar, Saharanpur. Email: oio.noida@cioins.co.in. Phone: 0120-4027589. Address: Office of the Insurance Ombudsman, Bhagwan Sahai Palace 4th Floor, Main Road, Naya Bans, Sector 15, Distt: Gautam Buddh Nagar, U.P-201301."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: offices and jurisdiction","url":"https://www.cioins.co.in/Ombudsman","note":"Addresses, phone numbers, e-mail and the states or districts each Ombudsman office covers."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Patna","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Bihar, Jharkhand. Email: oio.patna@cioins.co.in. Phone: 0612-2547068. Address: Office of the Insurance Ombudsman, 2nd Floor, Lalit Bhawan, Bailey Road, Patna 800 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Pune","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Goa and State of Maharashtra excluding areas of Navi Mumbai, Thane district,Palghar District, Raigad district & Mumbai Metropolitan Region. Email: oio.pune@cioins.co.in. Phone: 020-24471175. Address: Office of the Insurance Ombudsman, Jeevan Darshan Bldg., 3rd Floor, C.T.S. No.s. 195 to 198, N.C. Kelkar Road, Narayan Peth, Pune – 411 030."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: register a complaint online","url":"https://cioins.co.in/Complaint/Online","note":"Council for Insurance Ombudsmen. Free. For disputes with an insurer after its own grievance process; the office is chosen by where you live (see the offices list)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Thane","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Area of Navi Mumbai, Thane District, Raigad District, Palghar District and wards of Mumbai , M/East, M/West, N, S and T. Email: oio.thane@cioins.co.in. Phone: 022-20812868/69. Address: Office of the Insurance Ombudsman, Jeevan Chintamani Building, 2nd Floor,Near New RTO Office, Louis Wadi,Vasantrao Naik Mahamarg, Thane (West)- 400604."},{"purpose":"grievance","kind":"official","name":"National Consumer Helpline","url":"https://consumerhelpline.gov.in/public/","note":"Government consumer helpline; can take up a complaint before you go to a consumer commission."},{"purpose":"port","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"notice":"Information, not advice. IndiaInsurances is not an insurer or an insurance intermediary, does not sell insurance and earns no commission. Policy terms change and your own policy schedule can differ: always confirm with the policy document and the insurer before you buy or claim.","cite_as":"LIC’s New Jeevan Sathi - Single Premium (UIN 512N393V01), IndiaInsurances, https://indiainsurances.com/policy/lic/lics-new-jeevan-sathi-single-premium-512n393v01"}