New plan Jeevan Varsha from LIC

Jeevan varsha a close ended plan bearing number 196 will be available for sale from 16th february to 31st march.
Salient features:
It is a money back type of plan with guaranteed and loyalty benefits
It is available for terms 9 years and 12 years (Premium need to be paid only for 9 years.)
Guaranteed addition is 65 and 70 per thousand sum assured for 9 year and 12 year terms respectively.
Death benefit during the term includes payment of sum assured with guaranteed addition. (loyalty addition will only be added to sum and guaranteed addition if death occurs during the last year of the term)
Survival benefits are paid every 3 years at a rate of 15% and 25% for 9 year term and at maturity 60% with GA and LA is paid . For 12 year term the survival benefit rates are 10%, 20% and 30% respectively and 40% sum with GA and LA is paid at maturity.
This plan offers loan facility too.
Minimum age for entry starts at 15 with a maximum maturity age of 75 (max age for entry is 66 and 63 for 9 and 12 year terms respectively)
Minimum sum 75000 for ECS mode and 50000 for other modes ( single premium mode not available).
Premium discounted at the rate of 2% for yearly and 1% for halfyearly modes of payment.
Large sum assured rebate at the following rates are given.sum 100000 - 195000 rebate at the rate of Rs.2 per 1000 sumsum 200000 - 495000 rebate at the rate of Rs.3.50 per 1000 sumsum 500000 & above rebate at the rate of Rs.5 per 1000 sum
The policy can be surrendered after 3 years. The surrender value charges of basic endowment plan of LIC applies.
Sample Premium rates Before rebates of mode and sum are applied

Age---9year---12Year
15---161.70---164.70
25---161.90---165.10
30---162.05---165.30
35---162.45---165.85
45---164.60---168.65
55---170.40---175.75
63---181.20---189.00
66---188.65--