Transcript Slide 1

A Close Ended Scheme
open for sale
from 16th Feb 2009 to 31st Mar 2009
a money back plan
with Guaranteed Additions
and Loyalty Additions
Prem Paying Term
:
9 Yrs
Policy Term
:
9 Yrs & 12 Yrs
Mode of Payment
:
Yearly / Half-yearly /
Quarterly / Mly(
ECS)
Benefits:
Survival Benefits as %age of SA:
End of
Term:
9-year
12-year
3 years
6 years
9 years
15%
25%
--
10%
20%
30%
Assured Returns
Pol Term
Guaranteed Addition
9 yrs.
Rs. 65.00 per 1000 S.A.
12 yrs.
Rs. 70.00 per 1000 S.A.
For policy term of 9 years:
60% of the SA Plus
Guaranteed Additions
Plus Loyalty Addition
For policy term of 12 years:
40% of the SA Plus
Guaranteed Additions Plus
Loyalty Addition
Full Sum Assured
(without deduction of Survival Benefits already paid)
+
Guaranteed Additions
+
Loyalty Addition (if death occurs in last year)
Eligibility Conditions & Restrictions:
Min Entry Age
:15 years (completed)
Max Entry Age
: 66 years (nbd) for 9yrs term
63 years (nbd) for 12 yrs term
Min SA
:
Rs.50,000 for Yly/Hly/Qly
Rs.75,000 for Mly (ECS only)
Max S.A.
:
No Limit
REBATES
Mode Rebates
Yly - 2 % of tab premium
Hly - 1 % of tab premium
S.A. Rebates
Less than 1 lac
1 lac to less than 2 lac
2 lac to less than 5 lac
5 lac and above
-
NIL
Rs.2.00
Rs.3.50
Rs.5.00
Commission to Agents
1st Year
There after
Bonus commission -
10 %
5%
40% of FYC
Development Officer’s Credit:
40% of 1st year’s premium.
Other features:
Paid-Up Value
Guaranteed Surrender Value
Special Surrender Value
Revivals
Loans
Assignment
Age
15
18
21
25
30
35
40
45
50
50,000 SA
9 Yrs
12 Yrs
7923
8080
7928
8083
7931
8087
7933
8090
7940
8100
7960
8127
7997
8178
8065
8264
8181
8404
1 LAC SA
9 Yrs
12 Yrs
15647
15960
15656
15965
15661
15975
15666
15980
15681
15999
15720
16053
15794
16156
15931
16328
16161
16607
Illustration:
Age : 30 Yrs
DOC : 16.02.2009
Plan : 196-12-9
SA: 1 lac Prem: Rs.15999
LA pays prem from 2009 to 2017
SBs payable:
16.02.2012
Rs.10,000
16.02.2015
Rs.20,000
16.02.2018
Rs.30,000
On Maturity on 16.02.2021:
Rs.40,000 + Rs.84,000+ LA
 It is a money back policy
 It is a Guaranteed Addition Policy
 It has Loyalty Additions also
 It is a Regular premium paying policy
Benefits under this plan are TAX FREE
Full Insurance cover even after payment of SBs
 It has Loan facility
 It can be revived in case of lapse
 Can be assigned to Institutions for taking loan