Aegon Religare Pension Plan

March 2011 Plan Structure Age at Entry Policy Conditions Age at Vesting by Market Intelligence, Product Development Participating Non-Linked Single, Regular, Limited Premium Payment Pension Plan Minimum 20 years Maximum 75 years Minimum 50 years Maximum 80 years Minimum: 5 years for Regular & Limited 6 years for Single Premium Maximum: 40 years PPT 7 years, 10 years or equal to policy term Single, Regular, Limited (Yearly, Half-Yearly and Monthly) Minimum Rs. 1,00,000 Minimum Rs. 6,000 p.a. Higher of 110% of all premiums paid and (Policy Year of Death / Policy Year) X Sum Assured + Accrued Bonus and accumulated Guaranteed Additions The following Options are available: - Either 100% of Vesting Benefit can be utilised to purchase annuities or 1/3rd can be taken as tax-free cash lumpsum and rest can be converted to annuities Guaranteed Additions: Policy Year Regular Premium / Limited Premium 5 10% of AP 10 15% of AP 15 20% of AP 20 25% of AP 25 30% of AP 30 35% of AP *AP:Annualised Premium, SP:Single Premium Simple Reversionary Bonus Single Premium 5% of SP 6% of SP 7% of SP 8% of SP 9% of SP 10% of SP

Term

Premium Mode Sum Assured Premium Death Benefit

Vesting Benefit Benefits Any guarantee

Bonus

Surrender Value

Allowed after completion of three Policy Years provided first three Years premiums have been paid in full. In case of Surrender, the Policy is first converted to paid-up policy. Surrender Value is calculated as: Surrender Value Factor X paid-up Sum Assured. After 3 policy years, paid-up Sum Assured = {(Total premiums received / Total premiums expected over the term) X (Sum Assured + Accumulated Additions)}

Flexibilities

Paid-up Value

High Sum Assured Discount for Sum Assured of Rs. 400,000 and above. Premium Modal Factor: Premium Rebates Annual - 1 Half Yearly - 0.512 Monthly - 0.08 Within two years from the due date of the first unpaid premium Revival