Life Time Premier from ICICI Prudential Life Insurance

ICICI Prudential Life Time Premier is a unit linked insurance plan (ULIP) with Double Benefits, such that if the Life Insured dies within the policy tenure, the nominee would receive the Sum Assured as well as the Fund Value as Death Benefit.

Key Features of ICICI Pru Life Time Premier

Double benefit ULIP sum assured on death and fund value on maturity to nominee Loyalty Units are added to the fund every five years, starting from the 10th policy year Option to increase or decrease the Sum Assured anytime during the Policy Term Choice of 8 Investment Funds and 2 Portfolio Strategies Option of Automatic Transfer Strategy using which one can systematically invest in the equity funds

Benefits you get from ICICI Pru Life Time Premier

Death Benefit In case of death of the Life Insured, the nominee would get Sum Assured plus Fund Value subject to Minimum Death Benefit Maturity Benefit On maturity, the Fund Value is paid to the policyholder according to the investment option chosen. Income Tax Benefit - Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C

Eligibility conditions and other restrictions in ICICI Pru Life Time Premier
Minimum For age <=45 years, SA = Higher of (10 AP) and (0.5 PT AP) For age > 45 years, SA= Higher of (7 AP) and (0.25 PT AP) Policy Term (in years) Premium Payment Term (in years) Entry Age of Policyholder Age at Maturity Regular Pay premium (in Rs.) 10 years 5 years 7 years 18 years Rs 18,000 p.a. 30 years Equal to Policy Term 65 years 75 years No Limit According to maximum Sum Assured multiple. Maximum

Sum Assured (in Rs.)

Limited Pay premium (in Rs.) Payment modes

Rs 50,000 p.a. Only Yearly

No Limit

Sample illustration of premium amount in ICICI Pru Life Time Premier

Premium = Rs.50,000 Age = 30 years Policy Term = 10 years and 15 years Premium Paying Term = Regular Pay Sum Assured = Rs 5,00,000 Total Investment = Rs. 50,000 x 10 years = Rs. 5,00,000 and Rs 50,000 x 15 years = Rs 7,50,000

Additional Features and Benefits of ICICI Pru Life Time Premier

Riders There are no riders available in this policy Investment Fund Options There are 8 Investment Funds available 1. 2. 3. 4. 5. 6. 7. 8. Opportunities Fund Multi Cap Growth Fund Bluechip Fund Multi Cap Balanced Fund Income Fund Money Market Fund Return Guarantee Fund Dynamic P/E Fund

And 2 Portfolio Strategies available 1. Fixed Portfolio Strategy

2.

Trigger Portfolio Strategy

Top-up - The minimum and maximum amount for Top-up is Rs 2,000 and sum assured automatically increases either by 125% or 500% of the top up premium amount. Top Up can be done anytime except during the last 5 years of the
Policy Term and each Top-up Premium also has a Lock In Period of 5 years.

Switching - The minimum amount that you can switch is Rs 10,000. First 6 switches are free. Switching from a nonguaranteed NAV Option to Guaranteed NAV Option is not allowed. Partial Withdrawal - Partial withdrawals are allowed only after completion of 5 policy years. One Partial Withdrawal is allowed in each policy year up to a maximum of 20% of the existing Fund Value. The partial withdrawals are free of cost but the minimum is Rs 2,000

What happens if?

You stop paying the premium before 5 years - If the policy holder stops paying the premium, the insurance cover will cease and the fund value net of any discontinuance charge will be transferred to the Discontinued Policy Fund. The Discontinued Policy Fund will be credited with a minimum interest rate of 3.5% p.a. and the proceeds from this will be payable after the fifth policy anniversary. In case of death of the Life Assured during this period, only the accumulated fund value will be payable to the nominee. You stop paying the premium after 5 years - If the policy holder stops paying the premium after 5 years, then the accumulated policy fund amount till the date of discontinuance shall be paid to the policy holder and the policy will terminate immediately. You want to surrender the policy If the policy holder wants to surrender the policy before completing 5 years, then the insurance cover will cease and the fund value net of any discontinuance charge will be transferred to the Discontinued Policy Fund. The Discontinued Policy Fund will be credited with a minimum interest rate of 3.5% p.a. and the proceeds from this will be payable after the fifth policy anniversary. In case of death of the Life Assured during this period, only the accumulated fund value will be payable to the nominee. If the policyholder surrenders the policy after completion of 5 policy years, then the insurance cover will cease and your fund value shall be paid immediately and the policy would be terminated. You want a loan against your policy - There is no loan available under this plan.

Alternate ULIPs from different insurance companies

AEGON Religare iMaximize Plan Aviva Sachin Extra Cover Advantage Bajaj Allianz iGain 3

Other ULIPs from ICICI Prudential Life Insurance

ICICI Prudential Elite Wealth

ICICI Prudential Pinnacle Super ICICI Prudential Wealth Plus ICICI Pru LifeStage Wealth II ICICI Pru LifeLink Wealth SP Key features

Flexible premium payment options Loyalty additions paid every 5 years from 10th policy year Flexibility to invest surplus money over and above your regular premiums Tax benefits as per prevailing tax laws

LIC Endowment Plus Policy

LIC Endowment Plus is a unit linked insurance plan (ULIP), where the risk of investment is borne by the policyholder. If the Life Insured dies within the policy tenure, the nominee would receive the Sum Assured or the Fund Value, whichever is higher.

Key Features of LIC Endowment Plus

Unit linked insurance plan with choice of 4 investment funds Higher of Sum Assured or Fund Value will be paid as Death Benefit Choice of two riders is Accidental Death Benefit and Critical Illness Benefit cover Option to decrease the Sum Assured during the policy tenure

Benefits you get from LIC Endowment Plus

Death Benefit - In case of death of the Life Insured, the nominee would get Sum Assured or Fund Value, whichever is higher. Maturity Benefit - On maturity, the policy fund value is paid to the policyholder. Income Tax Benefit - Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C

Eligibility conditions and other restrictions in LIC Endowment Plus

Minimum Sum Assured (in Rs.) (Policy Term +1) x Annual Maximum 30 x Annualized premium

Regular Premium Sum Assured (in Rs.) Single Premium Policy Term (in years) Premium Payment Term (in years) Entry Age of Policyholder (in years) Age at Maturity (in years) Single Premium (in Rs.) Payment modes

premium 1.25 x Single premium 10 Single 7 18 30,000 5 x Single Premium 20 Equal to Policy Term 60 70 No Limit

Yearly, half-yearly, quarterly or monthly (ECS only)

Sample illustration of premium amount in LIC Endowment Plus

Premium = Rs.20,000 Age = 20 years Sum Assured = Rs.420000 Policy Term = 20 years PPT = Regular Pay Total Investment = Rs 20,000 x 20 years = Rs 4,00,000

Additional Features and Benefits of LIC Endowment Plus

Riders There are 2 riders available in this policy 1. 2. Accidental Death Benefit rider Critical Illness Benefit rider

Investment Fund Options There are 4 Investment Funds available

1. 2. 3. 4.

Bond Fund Secured Fund Balanced Fund Growth Fund

Top-up NA Switching You can switch between the four fund types for the entire Fund Value during the policy term subject to switching charges, if any. Partial Withdrawal Partial withdrawals are allowed only after completion of 5 policy years or the life insureds age is at least 18 years, whichever is later. Partial withdrawal will be allowed subject to at least 2 years premiums should remain in the Policyholders Fund Value in case of regular premium policies and 25% of the single premium paid in case of single premium policies.

What happens if?

You stop paying the premium before 5 years - If the policy holder stops paying the premium, the insurance cover will cease and the fund value net of any discontinuance charge will be transferred to the Discontinued Policy Fund. The Discontinued Policy Fund will be credited with a minimum interest rate of 3.5% p.a. and the proceeds from this will be payable after the fifth policy anniversary. In case of death of the Life Assured during this period, only the accumulated fund value will be payable to the nominee. You stop paying the premium after 5 years - If the policy holder stops paying the premium after 5 years, then the accumulated policy fund amount till the date of discontinuance shall be paid to the policy holder and the policy will terminate immediately. You want to surrender the policy If the policy holder wants to surrender the policy before completing 5 years, then the insurance cover will cease and the fund value net of any discontinuance charge will be transferred to the Discontinued Policy Fund. The Discontinued Policy Fund will be credited with a minimum interest rate of 3.5% p.a. and the proceeds from this will be payable after the fifth policy anniversary. In case of death of the Life Assured during this period, only the accumulated fund value will be payable to the nominee. If the policyholder surrenders the policy after completion of 5 policy years, then the insurance cover will cease and your fund value shall be paid immediately and the policy would be terminated. You want a loan against your policy - There is loan available under this plan under terms and conditions.

Alternate ULIPs from different insurance companies

ICICI Pru Pinnacle Super India First Smart Save Plan Aviva LifeSaver Advantage

Other ULIPs from Life Insurance Corporation of India

LIC Flexi Plus Plan Key features

Offers investment cum insurance cover during the term of the policy Option to invest in 4 fund options Higher of Sum Assured and the Policyholders Fund Value shall be available as death benefit Choice of 2 additional riders

Tata AIA Life Lakshya Supreme Plan

Tata AIA Life Lakshya Supreme is a simple unit linked insurance plan (ULIP), where if the Life Insured dies during the policy tenure, the nominee would receive the Sum Assured or the Fund Value, whichever is higher, as Death Benefit. This plan also comes with an option of Accidental Death Benefit rider ULIP policies aim at providing dual benefits that of protection and good returns. Tata AIG Life Lakshya Supreme ULIP comes with an Accidental Death Benefit rider to enhance the coverage and thus get all-round protection..

Key Features of Tata AIA Life Lakshya Supreme

Non-participating unit-linked insurance plan On death, higher of the sum assured or fund value will be paid Accidental Death Benefit is available in this plan as a rider 7 Investment Fund Options and 2 Unique Portfolio Strategies are available.

Benefits you get from Tata AIA Life Lakshya Supreme

Death Benefit In case of death of the Life Insured, the nominee would get Sum Assured or Fund Value, whichever is higher. Maturity Benefit On maturity, the Fund Value is paid to the policyholder. Income Tax Benefit - Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C

Eligibility conditions and other restrictions in Tata AIA Life Lakshya Supreme

Minimum Sum Assured (in Rs.) Policy Term (in years) Premium Payment Term (in years) Entry Age of Policyholder(in years) Age at Maturity(in years) Single Premium (in Rs.) Payment modes 7 X Annual Premium 20 Equal to Policy Term 4 NA Not Allowed

Maximum 15 X Annual Premium 30 Equal to Policy Term 55 75 Not Allowed

Yearly, half-yearly, quarterly or monthly

Sample illustration of premium amount in Tata AIA Life Lakshya Supreme

Premium = Rs.30,000 Age = 35 years Premium Multiple= 10/15 Policy Term = 20 years and 30 years Premium Paying Term = Regular Pay Total Investment = Rs 30,000 X 20 years = Rs 6,00,000 Rs 30,000 X 30 years = Rs 9,00,000

Additional Features and Benefits of Tata AIA Life Lakshya Supreme

Riders There is one rider available in this policy- Accidental Death Benefit rider Investment Fund Options

There are 7 Investment Funds available 1. 2. 3. 4. 5. 6. 7. Large Cap Equity Fund Whole Life Mid Cap Equity Fund Super Select Equity Fund Whole Life Aggressive Growth Fund Whole Life Stable Growth Fund Whole Life Income Fund Whole Life Short Term Fixed Income Fund

And 2 Portfolio Strategies to choose from are: 1. 2. Systematic Money Allocation & Regular Transfer (SMART) Automatic Asset Allocation (AAA)

Top-up - Top Up is allowed except in the last 5 years of the policy. Minimum Top Up premium is Rs 5,000. Each top up premium has a lock in of 5 years Switching - 12 free Switches are allowed in each policy year under this plan. Partial Withdrawal - Partial withdrawals are allowed only after completion of 5 policy years or the life insureds age is at least 18 years, whichever is later. The Minimum Partial Withdrawal is Rs 5,000 such that at least 1 years annualized premium should be maintained after Partial Withdrawal.

What happens if?

You stop paying the premium before 5 years - If the policy holder stops paying the premium, the insurance cover will cease and the fund value net of any discontinuance charge will be transferred to the Discontinued Policy Fund. The Discontinued Policy Fund will be credited with a minimum interest rate of 3.5% p.a. and the proceeds from this will be payable after the fifth policy anniversary. In case of death of the Life Assured during this period, only the accumulated fund value will be payable to the nominee. You stop paying the premium after 5 years - If the policy holder stops paying the premium after 5 years, then the accumulated policy fund amount till the date of discontinuance shall be paid to the policy holder and the policy will terminate immediately. You want a loan against your policy - There is no loan available under this plan.

Some ULIPs from other insurance companies

Max Life Fast Track Plan SBI Life Unit Plus Super ICICI Prudential Life Time Premier

Other ULIPs from Tata AIA Life Insurance

Tata AIA Life Insurance InvestAssure Gold Supreme Tata AIA Life Insurance InvestAssure Maximizer Tata AIA Life Insurance Swarna Bhavishya Tata AIA Life InvestAssure Flexi Supreme Tata AIA Life Insurance United Ujjwal Bhawishya Supreme Tata Tata AIA AIA Life Life Insurance Insurance Swarna Pratigya Gyan Single Kosh Premium

Tata AIA Life InvestAssure Plus Supreme - Single Premium Key features

Simplified issuance with dual benefit of investment & protection Sum Assured paid to nominee in case of death of life insured 7 Investment Fund Options to suit your investment profile ax benefits u/s 80C and 10 (10D) of the Income Tax Act

IndiaFirst Smart Save Insurance Plan

IndiaFirst Smart Save is a unit-linked insurance plan from IndiaFirst Life Insurance Company. In this plan, if the Life Insured dies within the policy tenure, the nominee would get the Sum Assured or the Fund Value, whichever is higher as Death Benefit. If the Life Insured survives the entire policy tenure, then he would get the Fund Value as Maturity benefit.

Key Features of IndiaFirst Smart Save Plan

Unit-linked insurance plans where risk is borne by the policyholder Choice of 5 investment funds available The investment can be protected against market fluctuations in the last 3 years before maturity Single, Limited and Regular Payment options available

Benefits you get from IndiaFirst Smart Save Plan

Death Benefit In case of death of the Life Insured, the nominee would get higher of Sum Assured and Fund Value Maturity Benefit On maturity, the Fund Value is paid to the policyholder according to the investment option chosen. Income Tax Benefit - Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C

Eligibility conditions and other restrictions in IndiaFirst Smart Save Plan

Minimum Higher of Sum Assured (in Rs.) for Regular and Limited Payment Options 105 % of Premium Paying Term x Annualized Premium or 10 x Annualized Premium For age <45 years, 125% of Sum Assured (in Rs.) for Single Payment Option Single Premium and for age>=45 years, 110% of Single Premium Policy Term (in years) Premium Payment Term (in years) Entry Age of Policyholder Age at Maturity Single premium (in Rs.) Payment modes 15 Single 5 Rs 45000

Maximum 40 X Annualized Premium (if age less than 45) And 11 X Annualized Premium (if age>=45 years)

5 x Single Premium

20 Equal to Policy term 60 75 NA

Single, Yearly and Half-Yearly

Sample illustration of premium amount in IndiaFirst Smart Save Plan

Premium = Rs.50,000 Age = 30 years and 35 years Policy Term = 25 years Premium Paying Term = 25 years Sum Assured = Rs 15,00,000 Total Investment = Rs. 50,000 x 25 years = Rs. 12,50,000

Additional Features and Benefits of IndiaFirst Smart Save Plan

Riders There are no riders available in this policy Investment Fund Options There are 5 Investment Funds available Equity 1 Fund Balanced 1 Fund Debt 1 Fund Index Tracker Fund Value Fund

Top-up - Not Applicable Switching - The minimum amount that you can switch is Rs 5,000. 2 switches are free every month, i.e. 24 switches are free every year. Partial Withdrawal - Partial withdrawals are allowed only after completion of 5 policy years or 18 years age of the life insured, whichever is later. The minimum amount that you can withdraw is Rs 5,000 and the maximum is 25% of Fund Value such that the Fund Value after withdrawal does not fall below 110% of the annual premium for Regular Payment and Limited Payment Options and the Fund Value after withdrawal does not fall below Rs 45,000 for Single Payment Option.

What happens if?

You stop paying the premium before 5 years - If the policy holder stops paying the premium, the insurance cover will cease and the fund value net of any discontinuance charge will be transferred to the Discontinued Policy Fund. The Discontinued Policy Fund will be credited with a minimum interest rate of 3.5% p.a. and the proceeds from this will be payable after the fifth policy anniversary. In case of death of the Life Assured during this period, only the accumulated fund value will be payable to the nominee. You stop paying the premium after 5 years - If the policy holder stops paying the premium after 5 years, then the accumulated policy fund amount till the date of discontinuance shall be paid to the policy holder and the policy will terminate immediately. You want to surrender the policy If the policy holder wants to surrender the policy before completing 5 years, then the insurance cover will cease and the fund value net of any discontinuance charge will be transferred to the Discontinued Policy Fund. The Discontinued Policy Fund will be credited with a minimum interest rate of 3.5% p.a. and the proceeds from this will be payable after the fifth policy anniversary. In case of death of the Life Assured during this period, only the accumulated fund value will be payable to the nominee. If the policyholder surrenders the policy after completion of 5 policy years, then the insurance cover will cease and the fund value shall be paid immediately and the policy would be terminated.

You want a loan against your policy- Loan is available under this plan before completion of 5 years and not afterwards.

Alternate ULIPs from different insurance companies

HDFC SL Crest Kotak Invest Maxima Max New York Life Fast Track Plan

Other ULIPs from IndiaFirst Life Insurance

IndiaFirst Young India Plan IndiaFirst Money Balance Plan

Key features

Unit-linked insurance plan with life cover Option to invest in 5 funds across different asset classes Can be purchased online Tax benefits as per prevailing tax laws

HDFC Pro Growth Super II

HDFC Pro Growth Super II Plan is a unit linked insurance plan (ULIP), such that if the Life Insured dies within the policy tenure, the nominee would receive both the Sum Assured and the Fund Value as Death Benefit. There are various options of combining the basic Death Benefit along with riders to increase protection.

Key Features of HDFC Pro Growth Super II

Unit linked insurance plan with a double death benefit No medical tests required 8 options of basic Death Benefit with 3 choice of riders Choice of 5 Investment Fund Options

HDFC Pro Growth Super II Plan Options

The policyholder has a choice of 8 plan options -

1. 2. 3. 4. 5. 6. 7. 8.

Life Option = Death Benefit Extra Life Option = Death Benefit + Accidental Death Benefit Life & Health Option = Death Benefit + Critical Illness Benefit Extra Life & Health Option = Death Benefit + Critical Illness Benefit + Accidental Death Benefit Life & Disability Option = Death Benefit + Accidental Total & Permanent Disability Benefit Extra Life & Disability Option = Death Benefit + Accidental Death Benefit + Accidental Total & Permanent Disability Benefit Life & Health & Disability Option = Death Benefit + Critical Illness + Accidental Total & Permanent Disability Benefit Extra Life & Health & Disability Option = Death Benefit + Accidental Death Benefit+ Critical Illness + Accidental Total & Permanent Disability Benefit

Benefits you get from HDFC Pro Growth Super II

Death Benefit In case of death of the Life Insured, the nominee would get the Sum Assured Plus the Fund Value. Maturity Benefit On maturity, the Fund Value is paid to the policyholder. Income Tax Benefit - Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C

Eligibility conditions and other restrictions in HDFC Pro Growth Super II

Minimum Maximum

Sum Assured (in Rs.)

10 x AP

40 x Annual Premium

Policy Term (in years) Premium Payment Term (in years) Entry Age of Policyholder (in years) Age at Maturity (in years) Single Premium (in Rs.) Payment modes

10 Equal to policy term 14 NA NA Only Yearly

30

65 75 NA

Sample illustration of premium amount in HDFC Pro Growth Super II

Premium = Rs.25,000 Age = 30 years and 40 years Policy Term = 15 years Premium Paying Term = Regular Pay

Sum Assured = Rs 2,50,000 Total Investment = Rs 25,000 X 15 years = Rs 3,75,000

Additional Features and Benefits of HDFC Pro Growth Super II

Riders There are 3 riders available in this policy 1. 2. 3. Critical Illness Benefit rider Accidental Death Benefit rider Accidental Total and Permanent Disability Benefit rider

Investment Fund Options There are 5 Investment Funds available 1. 2. 3. 4. 5. Short Term Fund Income Fund Balanced Fund Blue Chip Fund Opportunities Fund

Top-up - Not allowed in this plan Switching - Free switching is allowed at anytime. Partial Withdrawal - You are allowed to make partial withdrawals in this policy after 5 complete policy years or the life assured is 18 years old, whichever is later. The minimum amount of partial withdrawal should be Rs. 10,000 subject at least 150% of original regular premium remaining in the Fund Value and the Maximum Partial Withdrawal allowed is upto 300% of the original regular premium.

What happens if?

You stop paying the premium before 5 years - If the policy holder stops paying the premium, the insurance cover will cease and the fund value net of any discontinuance charge will be transferred to the Discontinued Policy Fund. The Discontinued Policy Fund will be credited with a minimum interest rate of 3.5% p.a. and the proceeds from this will be payable after the fifth policy anniversary. In case of death of the Life Assured during this period, only the accumulated fund value will be payable to the nominee. You stop paying the premium after 5 years - If the policy holder stops paying the premium after 5 years, then the accumulated policy fund amount till the date of discontinuance shall be paid to the policy holder and the policy will terminate immediately. You want to surrender the policy If the policy holder wants to surrender the policy before completing 5 years, then the insurance cover will cease and the fund value net of any discontinuance charge will be transferred to the Discontinued Policy Fund. The Discontinued Policy Fund will be credited with a minimum interest rate of 3.5% p.a. and the proceeds from this will be payable after the fifth policy anniversary. In case of death of the Life Assured during this period, only the accumulated fund value will be payable to the nominee. If the policyholder surrenders the policy after completion of 5 policy years, then the insurance cover will cease and your fund value shall be paid immediately and the policy would be terminated. You want a loan against your policy - There is no loan available under this plan.

Alternate ULIPs from different insurance companies

Aviva LifeBond Advantage AEGON Religare iMaximize IndiaFirst Life Smart Save Max New York Life Fast Track Plan

Other ULIPs from HDFC Life Insurance

HDFC SL Crest HDFC ProGrowth Flexi HDFC ProGrowth Maximiser HDFC Pro Growth Plus HDFC Smart HDFC Invest Wise Plan - Single Premium Woman Plan

Key features

Variable Financial Protection for your family Flexible additonal benefit options Outstandaing investment opportunity of choice of selected investments Tax benefits as per prevailing tax laws

Max Life Fast Track Plan

Max New York Fast Track Plan is a unit-linked insurance policy which allows entry age up to 60 years. The policy offers a limited premium payment term in addition to the option of a single premium to the customer. Like in all other ULIPS, here too the risk of investment is borne by the policyholder and not the insurance company.

Key Features of Max Life Fast Track Insurance Plan

Option of short premium payment terms Entry age of Life Insured upto 60 years Systematic investment through STP option to manage market volatilities Choice of add on covers like Personal Accidental Benefit and Dread Disease rider

Benefits you get from Max Life Fast Track Insurance Policy
Death Benefit In case of death of the Life Insured before maturity of Policy, amount equal to Sum Assured plus Fund Value will be paid to the nominee. Maturity Benefit On maturity the Policyholder will be eligible to an amount equal to Fund Value. The Fund Value will be calculated as: Fund Value = Accumulated Units x NAV prevailing at that time Income Tax Benefit The premiums paid by customers towards this policy are exempted under section 80C and the policy proceeds on maturity are exempted under section 10(10D) under section 80C of Income Tax Act

Eligibility conditions & other restrictions in Max Life Fast Track Policy
Minimum Limited Pay Age 30 to 45 years = 10 or 20 times ATP Age 46 to 60 years = 10 times ATP Sum Assured (in Rs.) Single Pay (SP) Age 30 to 45 years = 1.25 or 5 times SP Age 46 to 60 years = 1.25 times SP Annual Premium (in Rs.) Policy Term (in years) Premium Payment Term (in years) Rs.100,000 10 1 No limit 20 10 Maximum

Entry Age of Policyholder Age at Maturity Single premium (in Rs.) Payment modes

30 Rs.100,000

60 70 No limit

Single, Annual, Semi-Annual, Quarterly and Monthly

Sample illustration for Max Life Fast Track Plan

Premium = Rs.1,00,000 Age = 30 years Policy Term = 20 years Premium Paying Term = 10 years Fund Value = Rs.33,25,214 at an assumed rate of 10% per annum and Rs.18,04,180 at an assumed rate of 6% per annum

Additional Features and Benefits of Max New York Life Fast Track Plan
Riders There are 2 riders available in this policy

Personal Accidental Benefit is paid in case the insureds death or total and permanent disability is caused by an accident. The rider can be opted for ages between 30 to 55 years and expires at life insured age 60 Dread Disease can be opted for ages between 30 to 50 years, and expires at life insured age 60. It gives you an additional coverage from 10 specified dread diseases which, in case insured is diagnosed with any of the below mentioned diseases, an additional benefit will be paid to the insured. Diseases like Heart Attack, Cancer, Stroke, Corornary Artery Bypass Graft, Multiple Sclerosis, Kidney Failure, Major Organ Transplant,

Paralysis, Coma, Heart Valve Replacement/Repair are covered.

Investment Fund Options There are 6 Investment Funds available to the customer under this policy 1. Growth Fund 2. Growth Super Fund 3. Balanced Fund 4. Conservative Fund 5. Money Market Fund 6. Secure Fund For customers, who wish to leave the hassles of investment to the insurance company can choose theSystematic Transfer Plan (STP). The option of STP is available only to those customers who have chosen to pay through annual mode or in case of Single Premium Top-up - There is no option of top up premiums in this policy. Switching - A minimum switch amount of Rs.5,000 is allowed anytime during the policy term. Switches are free of charge and a maximum of 12 switches will be allowed in a Policy Year Partial Withdrawal - A maximum of 12 partial withdrawals allowed in a policy year and all are free of charge. Minimum partial withdrawal amount is Rs 5,000 per transaction.

What happens if?

You want to surrender the policy If the policy holder wants to surrender the policy before completing 5 years, then the insurance cover will cease and the fund value net of any discontinuance charge will be transferred to the Discontinued Policy Fund. The Discontinued Policy Fund will be credited with a minimum interest rate of 3.5% p.a. and the proceeds from this will be payable after the fifth policy anniversary. In case of death of the Life Assured during this period, only the accumulated fund value will be payable to the nominee. If the policyholder surrenders the policy after completion of 5 policy years, then the insurance cover will cease and your fund value shall be paid immediately and the policy would be terminated.

Alternate ULIPs from different insurance companies

India First Money Plan Aviva Life Bond Advantage Plan Birla Sun Life Classic Endowment Plan ICICI Prudential Pinnacle Super

Other ULIPs from Max Life Insurance

Max New York Life Flexi Fortune Key features

Option of short premium payment terms enabling an early maturity and fast track accumulation Choice of six well managed funds for investors with different risk appetite Systematic Investment through STP option- to safeguard your wealth against market volatilities Flexibility to make partial withdrawals to meet unplanned expenses

Birla Sun Life Insurance (BSLI) Dream Endowment Plan

Policy opening date 28 August 2010 This is a unit-linked insurance policy (ULIP) where the premium amount is invested in the markets (debt, equity and cash market instruments). The value of investments may go up or down, hence the risk in ULIPS is borne by the policy holder and not by the insurance company.
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Key Features of Birla Sun Life Dream Endowment Plan

The policy adds a certain guaranteed amount to your investments from the 10 policy year Option to choose a specific Guaranteed Savings date when the Fund Value would be paid out to the Life Insured Option to increase Sum Assured by opting for Enhanced Sum Assured

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Benefits you get from Birla Sun Life Dream Endowment Plan
Death Benefit In case of death of the policy holder, the nominee gets Basic Sum Assured + Fund Value + Enhanced Sum Assured (if opted). Death benefit shall never be less than 105% of total basic premiums paid to date minus any previous partial withdrawals. Maturity Benefit - If the policy holder survives the policy term, then he/she gets the higher of Fund Value + Guaranteed Savings Fund at maturity. Income Tax Benefit - Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C. The maturity amounts you receive from this plan are exempt from tax under section 10(10D)

Eligibility conditions and other restrictions in BSLI Dream Endowment Plan

Minimum The higher of 10 or the number of years to maturity divided by 2, for entry ages below 45 and The higher of 7 or the number of years to maturity divided by 4, for entry ages 45 and above Policy Term (in years) Premium Payment Term (in years) Lock-in period Entry Age of Policyholder Age at Maturity 1 year 18 years Annual- Rs 12000 Regular premium Half-Yearly- Rs 15000 Quarterly- Rs 20000 Monthly- Rs 24000 Single premium Payment modes Top-up premium Not Allowed 10 years 5 years 5 years

Maximum

Sum Assured (in Rs.)

No limit

30 years Same as Policy term

65 years 75 years

No limit

Not Allowed

Yearly, Half-Yearly, Quarterly and Monthly (ECS) Not Allowed Not Allowed

Additional Features and Benefits of Birla Sun Life Dream Endowment Plan
Riders Some additional benefits can be taken in the form of riders by paying extra premium

Type of Rider Accidental death benefit Permanent disability benefit Waiver of premium benefit Critical illness (or dread diseases) benefit Increased death benefit / Term rider Hospital cash benefit Surgical Care benefit

Available with Policy Yes Yes Yes Yes Yes (called as Enhanced Sum Assured) Yes Yes

Investment Fund Options Under this plan the policy holder gets the following fund options: Fund Enhancer

Top-up - There is no top-up facility under this policy. Switching - Since this policy has only one choice of investment fund, there is no switching facility. Partial Withdrawal - The policy holder is allowed to make partial withdrawals in this policy after completing 5 policy years or when the Life Insured is 18 years of age, whichever is later. The minimum amount of partial withdrawal should be Rs. 5000. There is no maximum limit, but a minimum Fund Value of Rs. 25,000 needs to be maintained.

What happens if?

You stop paying the premium before 5 years - If the policy holder stops paying the premium, the insurance cover will be discontinued and the accumulated fund value till that time minus discontinuance charge will be transferred to the Discontinued Policy Fund. The proceeds from this Discontinued Policy Fund will be payable after the fifth policy anniversary. In case of death of the Life Assured during this period, only the accumulated fund value will be payable to the nominee. You stop paying the premium after 5 years If the policyholder stops paying the premium after 5 years, then the insurance cover will be discontinued and the fund value shall be paid immediately and the policy would stand terminated. You want to surrender the policy The policy can be surrendered from the 6th (sixth) policy year. The surrender value will be equal to the fund value. You want a loan against your policy There is a loan facility under this policy. The minimum loan amount is Rs. 5,000 and the maximum loan amount is 40% of the fund value net of any discontinuance charge.

Alternate ULIPs from different insurance companies

HDFC SL Crest ICICI Prudential Elite Wealth Kotak Wealth Insurance Bajaj Allianz Max Advantage

Other investment plans from Birla Sun Life

Birla Sun Life Classic Endowment Birla Sun Life Wealth Secure Birla Sun Life Wealth Max Birla Sun Life Platinum Advantage BSLI Foresight Plan Key features

Guaranteed Savings Amount on the date of your choice Choice of Policy Term and Premium Payment Term

Enhanced financial security for your loved ones Option of 5 additional riders

Kotak Wealth Insurance Plan

Kotak Wealth Insurance Plan is a unit linked insurance plan (ULIP) such that if the Life Insured dies within the policy tenure, the nominee would receive Triple Death Benefit. The nominee would receive Sum Assured, Fund Value and Lump Sum Benefit of all future premiums paid. This plan has the unique feature of Death Benefit payment when the Life Insured and the Policyholder dies, in case they are separate. So for example, if a person takes the policy for his wife, then he is the policyholder who pays the premium and his wife is the Life Insured, on whose name the policy has been issued. Now, if he dies within the policy tenure, then a Lump Sum Benefit would be paid since the payor is not alive anymore. And in case, if the Life insured, i.e. the wife dies, then the beneficiary would get Sum Assured plus Fund Value as Death Benefit of the Life Insured.

Key Features of Kotak Wealth Insurance Plan

Unit linked insurance plan where the investment risk is borne by the policyholder Offers a unique feature of Triple Death Benefit Death Benefit is available even on death of the policyholder if different from the life insured. Comes with option of shorter premium payment term

Benefits you get from Kotak Wealth Insurance Plan

Death Benefit There is Triple Death Benefit under both options of this policy: If the Life Insured and the Policyholder are the same, then death benefit is Sum Assured plus Fund valueplus Lump Sum Benefit of all future premiums that are due. If Life Insured and Policyholder are not the same, then On Death of the Life Insured, Death Benefit is Sum Assured plus Fund value On Death of the Policyholder, Lump Sum Benefit of all future premiums that are due would be paid Maturity Benefit On maturity, the Fund Value is paid to the policyholder. Income Tax Benefit - Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C

Eligibility conditions and other restrictions in Kotak Wealth Insurance Plan

Minimum Higher of (10 X Annual Premium) Sum Assured (in Rs.) Or (0.5 X Policy Term X Annual Premium) Policy Term (in years) Premium Payment Term (in years) Entry Age of Policyholder (in years) Age at Maturity (in years) Single Premium (in Rs.) Payment modes 10 years 5 years / 10 years 0 18 NA Only Yearly

Maximum

25 X Annual Premium

30 years Equal to policy term 65 75 NA

Sample illustration of premium amount in Kotak Wealth Insurance Plan

Age = 35 years Premium = Rs.50,000 Sum Assured = Rs 12,50,000 Policy Term = 20 yrs Total Investment =Rs 50,000 X 20 years= Rs 10,00,000

Additional Features and Benefits of Kotak Wealth Insurance Plan

Riders There are 3 riders available in this policy 1. 2. 3. Kotak Accidental Disability Guardian Benefit (ADGB) Kotak Critical Illness Benefit (CIB) Kotak Accidental Death Benefit (ADB)

Investment Fund Options In this plan there are 8 Investment Fund Options 1. 2. 3. 4. 5. 6. 7. 8. Classic Opportunities Fund Frontline Equity Fund Balanced Fund Dynamic Floor Fund II Bond Fund Floating Rate Fund Gilt Fund Money Market Fund

Top-up - You can invest additional premiums as top-up premiums anytime except in the last five policy years. The minimum top-up premium is Rs. 10,000. Every Top-up premium shall have an Additional Sum Assured which will be 1.25 times or 1.1 times of the Top-up premium paid. This Additional Sum Assured will be in addition to the life cover Switching - You have the flexibility to switch investments from one fund to the other any time during the policy term. First 4 switches are free in every policy year. Partial Withdrawal - You are allowed to make partial withdrawals in this policy after 5 complete policy years. The minimum amount of partial withdrawal should be Rs. 10,000 such that one annual premium should be maintained after Partial Withdrawal

What happens if?

You stop paying the premium before 5 years - If the policy holder stops paying the premium, the insurance cover will cease and the fund value net of any discontinuance charge will be transferred to the Discontinued Policy Fund. The Discontinued Policy Fund will be credited with a minimum interest rate of 3.5% p.a. and the proceeds from this will be payable after the fifth policy anniversary. In case of death of the Life Assured during this period, only the accumulated fund value will be payable to the nominee. You stop paying the premium after 5 years - If the policy holder stops paying the premium after 5 years, then the accumulated policy fund amount till the date of discontinuance shall be paid to the policy holder and the policy will terminate immediately. You want to surrender the policy If the policy holder wants to surrender the policy before completing 5 years, then the insurance cover will cease and the fund value net of any discontinuance charge will be transferred to the Discontinued Policy Fund. The Discontinued Policy Fund will be credited with a minimum interest rate of 3.5% p.a. and the proceeds from this will be payable after the fifth policy anniversary. In case of death of the Life Assured during this period, only the accumulated fund value will be payable to the nominee. If the policyholder surrenders the policy after completion of 5 policy years, then the insurance cover will cease and your fund value shall be paid immediately and the policy would be terminated. You want a loan against your policy - Loans shall be granted against the policy once two years' premiums have been paid. The rate of interest shall be determined by the Company from time to time. The maximum loan value is 40% of the Fund Value of the policy at that time

Alternate ULIPs from different insurance companies

LIC Pension Plus ICICI Prudential Elite Wealth Sahara Shikhar Jeevan Bima

Other ULIPs from Kotak Life Insurance

Kotak Life Platinum Plan Kotak Life Kotal Life Invest Maxima Plan Kotak Life Single Invest Advantage Plan Ace Investment Plan

Key features

Unit-linked insurance plan with comprehensive protection of life insurance Enhanced protection for your family through Triple Benefit Wealth accumulation through investing in a fund of your choice Tax benefits as per prevailing tax laws

Introduction:

SBI Life Smart Horizon is a non participating Unit Linked Life Insurance Plan. With Smart
Horizon, we give you a hassle free way to get market linked returns through the unique feature of Automatic Asset Allocation, so you truly dont need to be an expert to grow your money! Should you be keen on managing your money actively, we also give the freedom to take charge of your investments.

Key Features:

No Premium Allocation Charge from 2nd year onwards, thereby enhancing your fund value.

 Hassle free investment management by way of Automatic Asset Allocation, also a choice to manage your investments actively by choosing between 4 diverse fund options at your disposal. You can also enjoy the best of both worlds, by a combination of Automatic Asset Allocation and the Active Fund Management options. Life Insurance coverage, with minimum Sum Assured based on your age.

Flexible product with an option to increase or decrease your Sum Assured, from 6th year onwards. Switch and redirection facilities, to give you the power for active management of your investments. Option to customize the product with a wide range of riders: SBI Life - Criti Care 13 Rider (UIN: 111A018V01), SBI Life - Accidental Death Benefit Linked Rider (UIN: 111A019V01), SBI Life - Premium Payor Waiver Benefit Rider (UIN: 111A017V01) and SBI Life - Income Sustainer Rider (UIN: 111A020V01).
Product Snapshot Age at Entry
*

Minimum: 7 years 70 years

Maximum: 60 years

Age at Maturity Policy Term Regular Premium Amount (X 100)

10 yrs, 15 to 30 years (both inclusive) Minimum Yearly Half-yearly Quarterly Monthly Rs 24,000 Rs 15,000 Rs 8,000 Rs 3,000 Maximum Rs 74,000 Rs 37,000 Rs 18,500 Rs 6,200
***

Premium Modes Sum Assured

Yearly / Half-yearly / Quarterly / Monthly

Minimum: For Ages below 45 yrs : Higher of {10 x Annual Premium (AP) or (0.5 x Term x AP)} For Ages 45yrs & above: Higher of {7 x AP or (0.25 x Term x AP)} Maximum:For All Ages - 20 x AP

Benefits:

Maturity Benefit: On completion of Policy Term, Fund Value will be paid.

Death Benefit: Higher of the Fund Value or Sum Assured# is payable; with a minimum of 105% of total basic premiums paid# till the time of death.

Rider Benefits:

SBI Life - Criti Care 13 Rider: Provides lump sum amount to take care of 13 Critical Illnesses which include Cancer, Coronary Artery Bypass Graft Surgery, Heart Attack, Heart Valve Surgery, Kidney Failure, Major Burns, Major Organ Transplant, Paralysis, Stroke, Surgery of Aorta, Coma, Motor Neurone Disease and Multiple Sclerosis.

Accidental Death Benefit Linked Rider:Provides additional death benefit if the death occurs as a result of an accident.

Premium Payor Waiver Benefit Rider: In the event of the death of the Proposer, the cover for the Life Assured under the base policy continues and the future premiums under the base policy, payable during the rider term, will be paid by the Company.

Income Sustainer Rider: Provides additional benefit in the case of death or in the case of Total & Permanent Disability due to Accident or Sickness, whichever is earlier. A 25% of income sustainer benefit sum assured is paid upfront and 1% of income sustainer benefit sum assured is paid monthly in arrears for 10 years or till the end of the base policy term (capped at a maximum of 30 years) whichever is higher.

Tax Benefits:

Tax deduction under Section 80C is available. However in case the premium paid during the financial year, exceeds 10% of the sum assured, the benefit will be limited up to 10% of the sum assured. Tax deduction under Section 80 (D) is available for premiums paid towards Criti Care 13 Rider.
Tax exemption under Section 10(10D) is available, subject to the premium not exceeding 10% of the sum assured in any of the years during the term of the policy.Tax benefits, are as per the Income Tax laws & are subject to change from time to time. Please consult your tax advisor for details.

Ing visya

New Future Perfect (Unit Linked Insurance Plan - Retirement Planning)

Highly flexible unit linked insurance plan (ULIP) with systematic withdrawals for a perfect retirement planning. The ING Life New Future Perfect Unit Linked Insurance Plan has has been carefully put together to enable you get the maximum benefits. It not only provides you with flexibility in terms of premium amounts and frequency, but also offers you an investment opportunity thats just perfect for your long-term financial future. The ING Life New Future Perfect Unit Linked Insurance Policy offers you flexibility in terms of how much you want to pay, how often you want to pay and the choice of investment pattern. After all, what you are looking for is not just life cover but something that covers all of what life has to offer. Key benefits

Flexible Life Cover Flexible Investment Options Regular income through systematic withdrawal benefit after age 60

Product features Eligibility

Maximum maturity age: 80 years Premium Payment Terms

Minimum entry age: 8 years Maximum entry age: 55 years (Subject to Premium Payment Term)

Choose premium paying terms of 5-25 years Premium Payment Options Annual, half-yearly, quarterly or monthly Minimum Premium Payable
Annual : Rs. 15,000 Half-Yearly : Rs. 8,000 Quarterly : Rs. 4,000 Monthly : Rs. 1,500 Top ups Rs. 5,000