The document describes the Birla Sun Life Insurance Money Back Plus plan, which offers:
1) Guaranteed maturity benefits along with annual survival benefits from year 3 onwards for liquidity and growth.
2) Survival benefits calculated as a percentage of premiums paid, linked to market interest rates. Policyholders enjoy upside interest movement but are protected from downside movement.
3) Option to prepone maturity after 10 years with deductions, or access funds via withdrawals or using benefits to pay premiums.
The document discusses the Birla Sun Life Insurance Guaranteed Bachat Plan, which encourages regular saving with guaranteed returns and opportunities to earn more. Key features include:
- Guaranteed maturity benefit that is higher for younger ages and longer terms. At maturity, you receive this guaranteed amount plus any accumulated survival benefits.
- Survival benefits earned annually from year 3 onward that can be withdrawn or used to offset premiums. The rate is linked to G-Sec rates with partial protection on downside.
- Increasing life cover where the amount increases each year by the annual premium, providing greater protection over time.
- Options for early exit or preponing maturity with adjustments made to guaranteed
This document summarizes a traditional non-participating endowment plan called the Birla Sun Life Insurance Bachat (Endowment) Plan. The key highlights are:
- It allows customers to save regularly from as little as Rs. 400 per month over a period of 20 years.
- Customers receive their monthly premiums back after 20 years along with annual additions and a loyalty addition.
- It provides life insurance coverage of up to 180 times the monthly premium.
- Customers can choose to pay premiums annually, semi-annually, quarterly, or monthly and receive rebates for annual/semi-annual payments.
- The plan aims to help customers build a corpus through
This document summarizes an investment plan from Birla Sun Life Insurance. The plan allows policyholders to plan for their family's future with control over their investment. Key features include choosing a savings date and premium amount, life cover, tax benefits, and investment flexibility including multiple funds and switching options. The plan has both investment risks and potential returns depending on market performance.
This document provides information about the Jeevan Vriddhi plan offered by LIC India. It is a single premium plan with a guaranteed maturity sum assured plus potential loyalty additions. The plan offers a guaranteed return of around 12% tax-free on maturity. It can be taken for short-term life insurance and savings needs. The minimum premium is Rs. 30,000 with no upper limit on sum assured. On death, the basic sum assured of 5 times the single premium is payable. Loans and partial withdrawals are allowed after one year.
As part of our Investor education initiative, HDFC MF has sponsored a booklet on 'Plan Your Child's Education' which was printed and published with the current issue (December 30, 2013) of Outlook magazine.
The document discusses the Bharti AXA Life Bright Stars child plan which aims to provide financial security for a child's future goals. The key features include:
1. A life insurance benefit that pays a sum assured of 5-10 times the annual premium in case of death.
2. At maturity, the policyholder receives the policy fund value plus an additional 5% "jumpstart benefit" to help achieve future goals.
3. Policyholders can choose from 4 investment funds to invest premiums and switch funds over time based on risk appetite.
The document provides information on various child insurance plans offered by different insurance companies, including eligibility requirements, benefits, premium amounts, and additional features of traditional and unit-linked plans. Key details covered include plan types, riders, minimum and maximum entry ages, premium and sum assured ranges, maturity proceeds, and tax benefits. The plans aim to help parents save and secure their child's future financial needs and education.
The document discusses the Birla Sun Life Insurance Guaranteed Bachat Plan, which encourages regular saving with guaranteed returns and opportunities to earn more. Key features include:
- Guaranteed maturity benefit that is higher for younger ages and longer terms. At maturity, you receive this guaranteed amount plus any accumulated survival benefits.
- Survival benefits earned annually from year 3 onward that can be withdrawn or used to offset premiums. The rate is linked to G-Sec rates with partial protection on downside.
- Increasing life cover where the amount increases each year by the annual premium, providing greater protection over time.
- Options for early exit or preponing maturity with adjustments made to guaranteed
This document summarizes a traditional non-participating endowment plan called the Birla Sun Life Insurance Bachat (Endowment) Plan. The key highlights are:
- It allows customers to save regularly from as little as Rs. 400 per month over a period of 20 years.
- Customers receive their monthly premiums back after 20 years along with annual additions and a loyalty addition.
- It provides life insurance coverage of up to 180 times the monthly premium.
- Customers can choose to pay premiums annually, semi-annually, quarterly, or monthly and receive rebates for annual/semi-annual payments.
- The plan aims to help customers build a corpus through
This document summarizes an investment plan from Birla Sun Life Insurance. The plan allows policyholders to plan for their family's future with control over their investment. Key features include choosing a savings date and premium amount, life cover, tax benefits, and investment flexibility including multiple funds and switching options. The plan has both investment risks and potential returns depending on market performance.
This document provides information about the Jeevan Vriddhi plan offered by LIC India. It is a single premium plan with a guaranteed maturity sum assured plus potential loyalty additions. The plan offers a guaranteed return of around 12% tax-free on maturity. It can be taken for short-term life insurance and savings needs. The minimum premium is Rs. 30,000 with no upper limit on sum assured. On death, the basic sum assured of 5 times the single premium is payable. Loans and partial withdrawals are allowed after one year.
As part of our Investor education initiative, HDFC MF has sponsored a booklet on 'Plan Your Child's Education' which was printed and published with the current issue (December 30, 2013) of Outlook magazine.
The document discusses the Bharti AXA Life Bright Stars child plan which aims to provide financial security for a child's future goals. The key features include:
1. A life insurance benefit that pays a sum assured of 5-10 times the annual premium in case of death.
2. At maturity, the policyholder receives the policy fund value plus an additional 5% "jumpstart benefit" to help achieve future goals.
3. Policyholders can choose from 4 investment funds to invest premiums and switch funds over time based on risk appetite.
The document provides information on various child insurance plans offered by different insurance companies, including eligibility requirements, benefits, premium amounts, and additional features of traditional and unit-linked plans. Key details covered include plan types, riders, minimum and maximum entry ages, premium and sum assured ranges, maturity proceeds, and tax benefits. The plans aim to help parents save and secure their child's future financial needs and education.
An endowment policy is a life insurance contract that pays out a lump sum amount either upon death of the policyholder or at the end of the specified term, if the policyholder is still alive. Traditional endowment policies provide a guaranteed sum assured, and may increase in value through bonuses added based on investment performance. Early withdrawals may be subject to a market value reduction if investment values have fallen. Endowment policies provide both life insurance protection for beneficiaries as well as savings for the policyholder.
Max Life Whole Life Super, a life insurance plan in which you
pay premiums for only a limited number of years and enjoy protection up to the age 100 years.
ICICI Prudential Life Insurance provides various insurance plans, including money back policies and ICICI Pru Cash Advantage. The money back policy provides life coverage and maturity benefits paid out over 20-25 years. ICICI Pru Cash Advantage offers guaranteed monthly cash benefits during the payout period, guaranteed maturity benefits, life coverage, and limited premium payment periods of 5-10 years. It works by calculating guaranteed cash and maturity benefits based on factors like premiums, sum assured, age, and gender. Benefits include death and maturity payouts, with loans and revival options also available under certain conditions.
This document summarizes the key features of LIC's Jeevan Umang whole life insurance plan. It provides annual survival benefits after the premium paying term until maturity, as well as a lump sum payment at maturity or on death of the policyholder. Eligibility includes a minimum basic sum assured of Rs. 200,000 with no upper limit, and premium paying terms of 15-30 years. The plan offers death and maturity benefits, paid-up value options, policy loans, participation in profits, and optional riders.
This document summarizes the key features of the Birla Sun Life Insurance Rainbow plan, a single premium life insurance savings plan. It offers guaranteed returns through monthly additions over a 5 or 10 year term. Policyholders receive the maturity sum assured which includes all guaranteed monthly additions and a loyalty benefit at the end of the term. The plan provides life cover of 5 times the single premium as well as tax benefits.
Whole Life Participating Insurance - Max Life Insurancesagar057
This document summarizes a whole life insurance plan called Max Life Whole Life Super offered by Max Life Insurance. The key features include:
1. It provides guaranteed lifetime protection up to age 100, with the life cover amount increasing through bonuses over time.
2. The premium payment term can be chosen as 10, 15, or 20 years. Bonuses can be received in cash, used to offset future premiums, or purchase additional sum assured.
3. The plan offers flexibility such as partial withdrawals from the paid-up additions, and additional protection through optional riders.
4. The death benefit pays out the higher of guaranteed amounts or sums assured, along with bonuses. Surrender value is pay
- The document is an advertisement for the Birla Sun Life Insurance Protector Plan, which provides life insurance that keeps pace with growing responsibilities.
- The plan offers two sum assured options - level, where the sum assured remains constant, or increasing, where the sum assured increases by 5% or 10% each year to keep up with rising needs.
- Premiums can be paid annually, semi-annually, quarterly or monthly, and premium amounts are reduced for women compared to men.
Band Range Benefit
The Birla Sun Life Insurance Guaranteed Bachat Plan encourages regular saving with guarantees and opportunities to earn more. It offers guaranteed returns at maturity plus survival benefits each year. The plan provides increasing life cover with each premium payment and an early exit option with reduced benefits. The plan is suitable for those aged 60 or younger looking to invest at least Rs. 3,600 annually for over 10 years.
This document summarizes an investment plan from Birla Sun Life Insurance. The plan allows policyholders to plan for their family's future with control over their investment. Key features include choosing a savings date and premium amount, life cover, tax benefits, and investment flexibility through various funds. Investment risk lies with the policyholder.
The document introduces the Birla Sun Life Insurance Protector Plan, a life insurance plan that allows the sum assured to keep pace with growing responsibilities. It offers the option to choose a level sum assured or an increasing sum assured of 5% or 10% annually without increased premiums. The plan provides complete financial protection for loved ones in case of death.
Permanent Life Ins Slirp - Supplemental Life Insurance Retirement Plannlinajarvela
This document discusses how permanent life insurance can be used as a retirement planning tool through a strategy called Supplemental Life Insurance for Retirement Planning (SLIRP). SLIRP uses the cash value in a permanent life insurance policy to supplement retirement income through tax-free withdrawals and policy loans. It provides death benefit protection for beneficiaries and a way to access funds for retirement without paying taxes on withdrawals up to the policy owner's cost basis. While not guaranteed, permanent life insurance cash values have the potential to grow tax-deferred and be a source of retirement income. The strategy relies on dividends and interest rates, which are subject to change by the insurer.
Planning for the old age when the ability to earn diminishes while the expenses to live a dignified and healthy life start rising is of utmost importance.
This document summarizes a traditional non-participating endowment plan called the Birla Sun Life Insurance Bachat (Endowment) Plan. The key highlights are:
- It allows customers to save regularly from as little as Rs. 400 per month for 20 years.
- Customers receive their monthly premiums back after 20 years plus annual additions to their savings.
- In case of death, nominees receive the sum assured (up to 180 times the monthly premium) plus additions earned.
- Customers can double the sum assured in case of accidental death by paying an additional 1.2% of the monthly premium.
Whole Life Super Brochure - Maxlife Insurancesagar057
This 3 sentence summary provides the high level information about the document:
The document is a product brochure that describes the Max Life Whole Life Super plan, a traditional participating whole life insurance plan that provides lifetime guaranteed life insurance coverage up to age 100. The plan offers flexible premium payment terms and bonus options, and allows policyholders to access funds through partial withdrawals or surrender. The brochure provides details on plan benefits, premiums, bonuses, surrenders and riders available under the Max Life Whole Life Super plan.
The document discusses different types of whole-of-life assurance policies that provide lifelong financial protection for loved ones. There are policies that offer a set payout and investment-linked policies where the payout is linked to investment performance. Whole-of-life policies pay a lump sum to your estate upon death that can be used for inheritance, funeral costs, or inheritance tax planning. Some policies require premiums be paid for life while others become paid-up at a certain age. The document also describes maximum and standard coverage options and reviews of protection levels that may require increased premiums over time.
ULIP - Buy High Return ULIP Policy Online in India | HDFC LifeLisaDavid26
This document summarizes a unit-linked insurance plan from HDFC Life. Key highlights include:
- The plan offers three options - Invest Plus, Premium Waiver, and Golden Years Benefit.
- Premiums can be paid regularly or as a lump sum. Fund value grows based on investment performance.
- Death benefit is highest of sum assured, fund value, or total premiums paid. Premium waiver option waives future premiums on proposer's death.
- Plan has lock-in period of 5 years during which partial withdrawals and policy discontinuance rules apply.
ULIP - Buy High Return ULIP Policy Online in India | HDFC LifeLisaDavid26
Click2Wealth is a high return ULIP plan by HDFC Life which offers premium waiver benefit, tax benefits and whole life coverage with golden years benefit option. Buy Now!
This document summarizes the Birla Sun Life Insurance Vision LifeIncome Plan. It is a traditional participating whole life insurance plan that offers a guaranteed annual income of 5% of the sum assured plus bonuses every year after the premium paying term. It also provides comprehensive life insurance cover until age 100. The plan allows for premium payments to be made annually, semi-annually, quarterly or monthly and premium amounts are based on the chosen sum assured between Rs. 200,000 to Rs. 800,000+. The plan provides annual survival benefits, maturity benefits at age 100, and death benefits to beneficiaries.
The document summarizes a retirement income product called SecureSource 3 that is available through RiverSource variable annuities. It provides guaranteed lifetime withdrawal benefits and growth opportunities to help investors achieve their retirement goals of growing their money, creating a reliable income stream in retirement, and leaving a legacy. Key features include guaranteed lifetime income based on a percentage of the benefit base, opportunities to increase income through annual credits and locking in investment gains, and the potential for an annual income bonus.
1. GenSource offers a structured income product called IncomeMax that provides guaranteed lifetime income payments along with growth opportunities.
2. IncomeMax allows contract owners to allocate funds across fixed and indexed strategies to generate tax-deferred growth while guaranteeing income in retirement.
3. The product provides guaranteed lifetime income payments equal to 7% of the contract value or guaranteed lifetime income value, whichever is greater, along with annual increases to protect against inflation.
This guide provides information on annuities and retirement options. An annuity is a regular fixed income purchased with a lump sum, often used to provide retirement income. Current rules allow retirees to take a tax-free lump sum and defer annuity purchase or draw income directly from their pension fund. When choosing an annuity, individuals must select a provider, decide between single or joint life, and whether to include inflation protection, guarantees, or investment risk. Alternatives to annuities include deferring purchase, income drawdown, or phased annuity purchase. The guide stresses the importance of seeking advice to determine the best options.
An endowment policy is a life insurance contract that pays out a lump sum amount either upon death of the policyholder or at the end of the specified term, if the policyholder is still alive. Traditional endowment policies provide a guaranteed sum assured, and may increase in value through bonuses added based on investment performance. Early withdrawals may be subject to a market value reduction if investment values have fallen. Endowment policies provide both life insurance protection for beneficiaries as well as savings for the policyholder.
Max Life Whole Life Super, a life insurance plan in which you
pay premiums for only a limited number of years and enjoy protection up to the age 100 years.
ICICI Prudential Life Insurance provides various insurance plans, including money back policies and ICICI Pru Cash Advantage. The money back policy provides life coverage and maturity benefits paid out over 20-25 years. ICICI Pru Cash Advantage offers guaranteed monthly cash benefits during the payout period, guaranteed maturity benefits, life coverage, and limited premium payment periods of 5-10 years. It works by calculating guaranteed cash and maturity benefits based on factors like premiums, sum assured, age, and gender. Benefits include death and maturity payouts, with loans and revival options also available under certain conditions.
This document summarizes the key features of LIC's Jeevan Umang whole life insurance plan. It provides annual survival benefits after the premium paying term until maturity, as well as a lump sum payment at maturity or on death of the policyholder. Eligibility includes a minimum basic sum assured of Rs. 200,000 with no upper limit, and premium paying terms of 15-30 years. The plan offers death and maturity benefits, paid-up value options, policy loans, participation in profits, and optional riders.
This document summarizes the key features of the Birla Sun Life Insurance Rainbow plan, a single premium life insurance savings plan. It offers guaranteed returns through monthly additions over a 5 or 10 year term. Policyholders receive the maturity sum assured which includes all guaranteed monthly additions and a loyalty benefit at the end of the term. The plan provides life cover of 5 times the single premium as well as tax benefits.
Whole Life Participating Insurance - Max Life Insurancesagar057
This document summarizes a whole life insurance plan called Max Life Whole Life Super offered by Max Life Insurance. The key features include:
1. It provides guaranteed lifetime protection up to age 100, with the life cover amount increasing through bonuses over time.
2. The premium payment term can be chosen as 10, 15, or 20 years. Bonuses can be received in cash, used to offset future premiums, or purchase additional sum assured.
3. The plan offers flexibility such as partial withdrawals from the paid-up additions, and additional protection through optional riders.
4. The death benefit pays out the higher of guaranteed amounts or sums assured, along with bonuses. Surrender value is pay
- The document is an advertisement for the Birla Sun Life Insurance Protector Plan, which provides life insurance that keeps pace with growing responsibilities.
- The plan offers two sum assured options - level, where the sum assured remains constant, or increasing, where the sum assured increases by 5% or 10% each year to keep up with rising needs.
- Premiums can be paid annually, semi-annually, quarterly or monthly, and premium amounts are reduced for women compared to men.
Band Range Benefit
The Birla Sun Life Insurance Guaranteed Bachat Plan encourages regular saving with guarantees and opportunities to earn more. It offers guaranteed returns at maturity plus survival benefits each year. The plan provides increasing life cover with each premium payment and an early exit option with reduced benefits. The plan is suitable for those aged 60 or younger looking to invest at least Rs. 3,600 annually for over 10 years.
This document summarizes an investment plan from Birla Sun Life Insurance. The plan allows policyholders to plan for their family's future with control over their investment. Key features include choosing a savings date and premium amount, life cover, tax benefits, and investment flexibility through various funds. Investment risk lies with the policyholder.
The document introduces the Birla Sun Life Insurance Protector Plan, a life insurance plan that allows the sum assured to keep pace with growing responsibilities. It offers the option to choose a level sum assured or an increasing sum assured of 5% or 10% annually without increased premiums. The plan provides complete financial protection for loved ones in case of death.
Permanent Life Ins Slirp - Supplemental Life Insurance Retirement Plannlinajarvela
This document discusses how permanent life insurance can be used as a retirement planning tool through a strategy called Supplemental Life Insurance for Retirement Planning (SLIRP). SLIRP uses the cash value in a permanent life insurance policy to supplement retirement income through tax-free withdrawals and policy loans. It provides death benefit protection for beneficiaries and a way to access funds for retirement without paying taxes on withdrawals up to the policy owner's cost basis. While not guaranteed, permanent life insurance cash values have the potential to grow tax-deferred and be a source of retirement income. The strategy relies on dividends and interest rates, which are subject to change by the insurer.
Planning for the old age when the ability to earn diminishes while the expenses to live a dignified and healthy life start rising is of utmost importance.
This document summarizes a traditional non-participating endowment plan called the Birla Sun Life Insurance Bachat (Endowment) Plan. The key highlights are:
- It allows customers to save regularly from as little as Rs. 400 per month for 20 years.
- Customers receive their monthly premiums back after 20 years plus annual additions to their savings.
- In case of death, nominees receive the sum assured (up to 180 times the monthly premium) plus additions earned.
- Customers can double the sum assured in case of accidental death by paying an additional 1.2% of the monthly premium.
Whole Life Super Brochure - Maxlife Insurancesagar057
This 3 sentence summary provides the high level information about the document:
The document is a product brochure that describes the Max Life Whole Life Super plan, a traditional participating whole life insurance plan that provides lifetime guaranteed life insurance coverage up to age 100. The plan offers flexible premium payment terms and bonus options, and allows policyholders to access funds through partial withdrawals or surrender. The brochure provides details on plan benefits, premiums, bonuses, surrenders and riders available under the Max Life Whole Life Super plan.
The document discusses different types of whole-of-life assurance policies that provide lifelong financial protection for loved ones. There are policies that offer a set payout and investment-linked policies where the payout is linked to investment performance. Whole-of-life policies pay a lump sum to your estate upon death that can be used for inheritance, funeral costs, or inheritance tax planning. Some policies require premiums be paid for life while others become paid-up at a certain age. The document also describes maximum and standard coverage options and reviews of protection levels that may require increased premiums over time.
ULIP - Buy High Return ULIP Policy Online in India | HDFC LifeLisaDavid26
This document summarizes a unit-linked insurance plan from HDFC Life. Key highlights include:
- The plan offers three options - Invest Plus, Premium Waiver, and Golden Years Benefit.
- Premiums can be paid regularly or as a lump sum. Fund value grows based on investment performance.
- Death benefit is highest of sum assured, fund value, or total premiums paid. Premium waiver option waives future premiums on proposer's death.
- Plan has lock-in period of 5 years during which partial withdrawals and policy discontinuance rules apply.
ULIP - Buy High Return ULIP Policy Online in India | HDFC LifeLisaDavid26
Click2Wealth is a high return ULIP plan by HDFC Life which offers premium waiver benefit, tax benefits and whole life coverage with golden years benefit option. Buy Now!
This document summarizes the Birla Sun Life Insurance Vision LifeIncome Plan. It is a traditional participating whole life insurance plan that offers a guaranteed annual income of 5% of the sum assured plus bonuses every year after the premium paying term. It also provides comprehensive life insurance cover until age 100. The plan allows for premium payments to be made annually, semi-annually, quarterly or monthly and premium amounts are based on the chosen sum assured between Rs. 200,000 to Rs. 800,000+. The plan provides annual survival benefits, maturity benefits at age 100, and death benefits to beneficiaries.
The document summarizes a retirement income product called SecureSource 3 that is available through RiverSource variable annuities. It provides guaranteed lifetime withdrawal benefits and growth opportunities to help investors achieve their retirement goals of growing their money, creating a reliable income stream in retirement, and leaving a legacy. Key features include guaranteed lifetime income based on a percentage of the benefit base, opportunities to increase income through annual credits and locking in investment gains, and the potential for an annual income bonus.
1. GenSource offers a structured income product called IncomeMax that provides guaranteed lifetime income payments along with growth opportunities.
2. IncomeMax allows contract owners to allocate funds across fixed and indexed strategies to generate tax-deferred growth while guaranteeing income in retirement.
3. The product provides guaranteed lifetime income payments equal to 7% of the contract value or guaranteed lifetime income value, whichever is greater, along with annual increases to protect against inflation.
This guide provides information on annuities and retirement options. An annuity is a regular fixed income purchased with a lump sum, often used to provide retirement income. Current rules allow retirees to take a tax-free lump sum and defer annuity purchase or draw income directly from their pension fund. When choosing an annuity, individuals must select a provider, decide between single or joint life, and whether to include inflation protection, guarantees, or investment risk. Alternatives to annuities include deferring purchase, income drawdown, or phased annuity purchase. The guide stresses the importance of seeking advice to determine the best options.
1. HDFC Life Uday is a traditional non-linked life insurance plan that provides savings, protection and bonuses.
2. Key features include guaranteed additions of 3% annually for 5 years, reversionary bonuses declared yearly, and accidental death benefit.
3. The plan offers multiple premium and policy term options. On death, the nominee receives the sum assured plus bonuses or 105% of premiums paid, whichever is higher. On maturity, the policyholder receives the sum assured plus all accrued bonuses.
This document provides information about annuities and the different types of annuities available when planning for retirement. It discusses how annuities provide a guaranteed income for life using pension funds or savings. It also explains the importance of shopping around for annuity rates and outlines some of the key factors that determine annuity income amounts such as medical conditions. The document describes pension annuities, with-profits/investment-linked pension annuities and notes that annuity options cannot be changed once set up.
This document summarizes the key features of the Birla Sun Life Insurance Rainbow plan, a single premium life insurance savings plan. It offers guaranteed returns through monthly additions over a 5 or 10 year term. Policyholders receive the maturity sum assured which includes all guaranteed monthly additions and a loyalty benefit at the end of the term. The plan provides life cover of 5 times the single premium as well as tax benefits.
This document summarizes the key features of the Birla Sun Life Insurance Rainbow plan, a single premium life insurance savings plan. It offers guaranteed returns through regular monthly additions over a 5 or 10 year term. Policyholders receive the maturity sum assured which includes all guaranteed monthly additions and a loyalty benefit at the end of the term. The plan provides life cover of 5 times the single premium as well as tax benefits.
This document summarizes the key details of the Birla Sun Life Insurance Rainbow plan, a single premium life insurance savings plan. It offers guaranteed returns through regular monthly additions over a 5 or 10 year term. Policyholders also receive a loyalty benefit at maturity in addition to accrued savings. The plan provides assured returns, life cover, and tax benefits while ensuring peace of mind for policyholders.
This document describes several endowment insurance plans offered by an insurance provider. The plans include Jeevan Anand which provides life insurance coverage until death along with a sum assured and bonuses at the end of the premium term. Limited Payment Endowment with Profit allows limiting premium payments to a single payment or term shorter than the policy term. Jeevan Mitra provides a death benefit of double the basic sum assured along with accrued bonuses.
Report sending mails to dealers for Accepted andsusanta subudhi
This document is a status report from Bajaj Auto Ltd regarding warranty claims settled and rejected between unspecified dates. It includes details of 8 accepted claims totaling 182 parts and resulting in a total value of 14,248.65. It also lists 2 rejected claims totaling 12 parts, providing reasons for rejection. Bajaj will issue a credit note to Manan Autolink Pvt Ltd for the total accepted claim amount.
The document describes the Birla Sun Life Insurance Money Back Plus plan, which offers:
1) Guaranteed maturity benefits along with annual survival benefits from year 3 onwards for liquidity and growth.
2) Survival benefits calculated as a percentage of premiums paid, linked to market interest rates. Policyholders enjoy upside interest movement but are protected from downside movement.
3) Option to prepone maturity after 10 years with deductions, or access funds via withdrawals or using benefits to pay premiums.
- The document introduces the Birla Sun Life Insurance Foresight Plan, which allows policyholders to choose between a self-managed investment option or a guaranteed investment option.
- Under the self-managed option, policyholders can allocate their premiums across 10 investment funds ranging from debt to equity based on their risk appetite. Under the guaranteed option, premiums are invested in the Foresight fund and are guaranteed a minimum maturity benefit.
- The plan provides life insurance coverage as well as investment growth potential. At maturity, policyholders receive the fund value under the self-managed option or the higher of fund value or guaranteed minimum under the guaranteed option.
This document discusses the value of governance, risk, and compliance (GRC) initiatives for organizations. It notes that increased regulations, data security risks, and a competitive environment are driving organizations to better manage their data and risks through GRC programs. However, implementing GRC solutions can be challenging due to their technical nature and perceiving them only as reactive compliance tools. The document aims to show GRC as strategic, enterprise-wide initiatives that integrate compliance, risk management, and other business functions to provide long-term business advantages beyond just meeting regulations.
This document provides details about Susanta Sundar Subudhi, including his professional experience and qualifications. Some key points:
- Susanta has over 8 years of experience in roles such as Team Leader, CEO, Sales Manager in various companies in the automotive and home appliances industries.
- He has expertise in transportation management software and leading sales teams to improve performance.
- Susanta's education includes a BTech degree and SAP certification. He is proficient in SAP SD modules and ERP systems.
- His technical skills include ERP packages, operating systems, and tools like MS Office and he has experience implementing SAP R3 projects.
- The document introduces the Birla Sun Life Insurance Foresight Plan, which allows policyholders to choose between a self-managed investment option or a guaranteed investment option.
- Under the self-managed option, policyholders can allocate their premiums across 10 investment funds ranging from debt to equity based on their risk appetite. Under the guaranteed option, premiums are invested in the Foresight fund and guaranteed a minimum maturity benefit.
- The plan provides life insurance coverage as well as investment growth potential. At maturity, policyholders receive the fund value under self-managed investments or the higher of fund value or guaranteed minimum under the guaranteed option.
Presentation1 of customer meet programe rectifysusanta subudhi
The document summarizes a customer meet program held by Manan Auto Link and Bajaj Auto Ltd on July 18, 2010 at the Vatva workshop branch in Ahmedabad, India. The event was sponsored by Bajaj Auto Ltd and Manan Autolink Pvt Ltd and included speeches from managers of both companies. Prizes were awarded to the first, second, third and fourth prize winners. Lunch was provided and sales promotions, such as reference check books, were discussed. The target of inviting 50 customers and distributing 50 check books was achieved, and 3 bookings were received for a new CNG vehicle. The event successfully created strong customer relationships and demonstrated the companies' commitment to customer care.
The document describes the Birla Sun Life Insurance Money Back Plus plan which offers guaranteed maturity benefits, liquidity through annual survival benefits, and increasing safety through annual increases in insurance coverage amount. The plan allows policyholders to withdraw survival benefits as cash or use them to pay premiums. At maturity, the policyholder receives the guaranteed maturity benefit plus any accumulated survival benefits. The plan is suitable for individuals aged 30-60 looking for a long-term savings product with guarantees.
Report sending mails to dealers for Accepted andsusanta subudhi
This document is a status report from Bajaj Auto Ltd regarding warranty claims settled and rejected between unspecified dates. It includes details of 8 accepted claims totaling 182 parts and resulting in a total value of 14,248.65. It also lists 2 rejected claims totaling 12 parts, providing reasons for rejection. Bajaj will issue a credit note to Manan Autolink Pvt Ltd for the total accepted claim amount. Manan is requested to take corrective actions to minimize future claim rejections.
The document summarizes the Birla Sun Life Insurance Money Back Plus plan which offers guaranteed returns, liquidity, and an option to earn more. Specifically, it offers:
1) Growth and liquidity through survival benefits paid out annually from the 3rd year that can be withdrawn or used to pay premiums.
2) Assurance of receiving at minimum the guaranteed maturity benefit plus any survival benefits at maturity, where the guarantee is based on age and term.
3) Increasing safety through automatic increases in coverage by the annual premium amount each year.
- The document introduces the Birla Sun Life Insurance Foresight Plan, which allows policyholders to choose between a self-managed investment option or a guaranteed investment option.
- Under the self-managed option, policyholders can allocate their premiums across 10 investment funds ranging from debt to equity based on their risk appetite. Under the guaranteed option, premiums are invested in the Foresight fund and guaranteed a minimum maturity benefit.
- The plan provides life insurance coverage as well as investment growth potential. At maturity, policyholders receive the fund value under self-managed investments or the higher of fund value or guaranteed minimum under the guaranteed option.
This document discusses the value of governance, risk, and compliance (GRC) initiatives for organizations. It notes that increased regulations, data security risks, and a competitive environment are driving organizations to better manage their data and risks through GRC programs. However, implementing GRC solutions can be challenging due to their technical nature and perceiving them only as reactive compliance tools. The document aims to show GRC as strategic, enterprise-wide initiatives that integrate compliance, risk management, and other business functions to provide long-term business advantages beyond just meeting regulations.
Susanta Sundar Subudhi is a team leader at Samso Appliances Pvt. Ltd. in Ahmedabad, India with over 8 years of experience. He has held several roles including CEO, sales manager, and area manager for various companies. Subudhi has a BTech/BE degree from S.T.J.I.T Engineering College and received SAP training. He is currently a sales manager at West India Auto Equipment Pvt. Ltd. handling sales, promotions, and networking for LCV and HCV vehicles.
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[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This presentation is a curated compilation of PowerPoint diagrams and templates designed to illustrate 20 different digital transformation frameworks and models. These frameworks are based on recent industry trends and best practices, ensuring that the content remains relevant and up-to-date.
Key highlights include Microsoft's Digital Transformation Framework, which focuses on driving innovation and efficiency, and McKinsey's Ten Guiding Principles, which provide strategic insights for successful digital transformation. Additionally, Forrester's framework emphasizes enhancing customer experiences and modernizing IT infrastructure, while IDC's MaturityScape helps assess and develop organizational digital maturity. MIT's framework explores cutting-edge strategies for achieving digital success.
These materials are perfect for enhancing your business or classroom presentations, offering visual aids to supplement your insights. Please note that while comprehensive, these slides are intended as supplementary resources and may not be complete for standalone instructional purposes.
Frameworks/Models included:
Microsoft’s Digital Transformation Framework
McKinsey’s Ten Guiding Principles of Digital Transformation
Forrester’s Digital Transformation Framework
IDC’s Digital Transformation MaturityScape
MIT’s Digital Transformation Framework
Gartner’s Digital Transformation Framework
Accenture’s Digital Strategy & Enterprise Frameworks
Deloitte’s Digital Industrial Transformation Framework
Capgemini’s Digital Transformation Framework
PwC’s Digital Transformation Framework
Cisco’s Digital Transformation Framework
Cognizant’s Digital Transformation Framework
DXC Technology’s Digital Transformation Framework
The BCG Strategy Palette
McKinsey’s Digital Transformation Framework
Digital Transformation Compass
Four Levels of Digital Maturity
Design Thinking Framework
Business Model Canvas
Customer Journey Map
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...Neil Horowitz
On episode 272 of the Digital and Social Media Sports Podcast, Neil chatted with Brian Fitzsimmons, Director of Licensing and Business Development for Barstool Sports.
What follows is a collection of snippets from the podcast. To hear the full interview and more, check out the podcast on all podcast platforms and at www.dsmsports.net
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...APCO
The Radar reflects input from APCO’s teams located around the world. It distils a host of interconnected events and trends into insights to inform operational and strategic decisions. Issues covered in this edition include:
Storytelling is an incredibly valuable tool to share data and information. To get the most impact from stories there are a number of key ingredients. These are based on science and human nature. Using these elements in a story you can deliver information impactfully, ensure action and drive change.
Part 2 Deep Dive: Navigating the 2024 Slowdownjeffkluth1
Introduction
The global retail industry has weathered numerous storms, with the financial crisis of 2008 serving as a poignant reminder of the sector's resilience and adaptability. However, as we navigate the complex landscape of 2024, retailers face a unique set of challenges that demand innovative strategies and a fundamental shift in mindset. This white paper contrasts the impact of the 2008 recession on the retail sector with the current headwinds retailers are grappling with, while offering a comprehensive roadmap for success in this new paradigm.
Discover innovative uses of Revit in urban planning and design, enhancing city landscapes with advanced architectural solutions. Understand how architectural firms are using Revit to transform how processes and outcomes within urban planning and design fields look. They are supplementing work and putting in value through speed and imagination that the architects and planners are placing into composing progressive urban areas that are not only colorful but also pragmatic.
Industrial Tech SW: Category Renewal and CreationChristian Dahlen
Every industrial revolution has created a new set of categories and a new set of players.
Multiple new technologies have emerged, but Samsara and C3.ai are only two companies which have gone public so far.
Manufacturing startups constitute the largest pipeline share of unicorns and IPO candidates in the SF Bay Area, and software startups dominate in Germany.
IMPACT Silver is a pure silver zinc producer with over $260 million in revenue since 2008 and a large 100% owned 210km Mexico land package - 2024 catalysts includes new 14% grade zinc Plomosas mine and 20,000m of fully funded exploration drilling.
HR search is critical to a company's success because it ensures the correct people are in place. HR search integrates workforce capabilities with company goals by painstakingly identifying, screening, and employing qualified candidates, supporting innovation, productivity, and growth. Efficient talent acquisition improves teamwork while encouraging collaboration. Also, it reduces turnover, saves money, and ensures consistency. Furthermore, HR search discovers and develops leadership potential, resulting in a strong pipeline of future leaders. Finally, this strategic approach to recruitment enables businesses to respond to market changes, beat competitors, and achieve long-term success.
The Steadfast and Reliable Bull: Taurus Zodiac Signmy Pandit
Explore the steadfast and reliable nature of the Taurus Zodiac Sign. Discover the personality traits, key dates, and horoscope insights that define the determined and practical Taurus, and learn how their grounded nature makes them the anchor of the zodiac.
[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This PowerPoint compilation offers a comprehensive overview of 20 leading innovation management frameworks and methodologies, selected for their broad applicability across various industries and organizational contexts. These frameworks are valuable resources for a wide range of users, including business professionals, educators, and consultants.
Each framework is presented with visually engaging diagrams and templates, ensuring the content is both informative and appealing. While this compilation is thorough, please note that the slides are intended as supplementary resources and may not be sufficient for standalone instructional purposes.
This compilation is ideal for anyone looking to enhance their understanding of innovation management and drive meaningful change within their organization. Whether you aim to improve product development processes, enhance customer experiences, or drive digital transformation, these frameworks offer valuable insights and tools to help you achieve your goals.
INCLUDED FRAMEWORKS/MODELS:
1. Stanford’s Design Thinking
2. IDEO’s Human-Centered Design
3. Strategyzer’s Business Model Innovation
4. Lean Startup Methodology
5. Agile Innovation Framework
6. Doblin’s Ten Types of Innovation
7. McKinsey’s Three Horizons of Growth
8. Customer Journey Map
9. Christensen’s Disruptive Innovation Theory
10. Blue Ocean Strategy
11. Strategyn’s Jobs-To-Be-Done (JTBD) Framework with Job Map
12. Design Sprint Framework
13. The Double Diamond
14. Lean Six Sigma DMAIC
15. TRIZ Problem-Solving Framework
16. Edward de Bono’s Six Thinking Hats
17. Stage-Gate Model
18. Toyota’s Six Steps of Kaizen
19. Microsoft’s Digital Transformation Framework
20. Design for Six Sigma (DFSS)
To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations
Innovation Management Frameworks: Your Guide to Creativity & Innovation
LinkClick7
1. What would you like your
money to do for you?
Birla Sun Life Insurance
Money Back Plus
Call Toll-free: 1-800-270-7000 www.birlasunlife.com sms ‘POWER’ to 56161 Offers guaranteed amount, liquidity
and an option to earn more
Regd. Office: 6th Floor, Vaman Centre, Makhwana Road, Off Andheri-Kurla Road, Near
Marol Naka, Andheri (East), Mumbai 400 059. Reg. No. 109 Unique No.: 109N041V01
ADV/01/08-09/3123 VER 2/ JUNE / 2009
2. Thankfully, with BSLI Money Back Plus Plan, you won't have to worry ever again.
BSLI Money Back Plus Plan, a non-participating endowment plan, offers you the
Power of Guarantee with Safety and Liquidity.
THE BSLI MONEY BACK PLUS PLAN OFFERS
• Growth and Liquidity: The plan offers you a chance to earn survival benefit at the
end of every policy year from the 3rd year onwards. The survival benefit can be
withdrawn by you or can be used to pay the premium dues.
• Assurance on Maturity: At maturity, your policy returns you an amount equal to
your Guaranteed Maturity Benefit, plus your survival benefits. The Guaranteed
Maturity Benefit is based on your current age and the policy term and is greater
than all base premiums paid. The younger you are and the longer you stay, the
higher is the guarantee.
• Increasing Safety: Every policy anniversary, as a mark of loyalty, the plan increases
your existing cover by an amount equal to the annual base premium. As a result,
your cover increases with successive year, thus offering you increasing safety.
We believe that, as a discerning customer, you deserve to get the best out of every
saving plan and we are happy to bring you BSLI Money Back Plus Plan which comes
with benefits never offered before.
IS BSLI MONEY BACK PLUS PLAN RIGHT FOR YOU?
This plan has been designed for you if you are:
• 60 years of age or younger. The plan cannot be sold to less than 30 days old babies.
THE POWER OF GROWTH AND LIQUIDITY WITH ASSURANCE • Looking to invest for more than 10 years. The maximum term for this product is
(70 minus your current age) subject to a maximum of 40 years.
Your family comes first for you and so does their future. Your dreams for your family
require strong financial planning. Your savings today may not be enough to power • Looking to invest at least Rs. 9600 per annum. While there are no limits on the
those dreams of tomorrow. Have you consider the risks associated with: amount you can invest in this plan, you can choose your annual base premiums
only in multiples of Rs. 1200 per annum over the minimum premium of Rs. 9600.
• Increasing costs of living: At an average inflation rate of 8% in twenty years, a
litre of milk will cost Rs. 100, an overnight train journey will cost Rs. 800, a meal PREMIUMS AND SURVIVAL BENEFIT BANDS
for two at your local restaurant will cost Rs. 1200 and a medical check up may
The survival benefit under BSLI Money Back Plus Plan is linked to your annual base
cost Rs. 5000.
premiums, and is categorized in 3 bands, as follows:
• Starting late with your savings plan: The difference between starting now and
starting 5 years later could be as high as 60% more per year. This is assuming Survival Benefit Annual Base Premium Range Survival Benefit
planning for 20 years vis-à-vis 15 years at an interest rate assumption of 6%. Band 1 Rs. 9,600 - Rs. 18,000 Base Survival Benefit
Band 2 Rs. 19,200 - Rs. 37,200 5% extra over Base Survival Benefit
• Not financially securing your plan early: With urban nuclear families replacing
Band 3 Rs. 38,400 onwards 7% extra over Base Survival Benefit
joint families, the social security network requires stronger financial support to
cover for uncertainties of life to ensure that your family continues to live your dreams
Please note that you may choose to pay any premium in multiples of Rs.1200 per
even without you.
annum over a minimum annual base premium of Rs. 9600. You may also choose to
• Not being able to access your own funds: Many savings instruments lock in pay your premiums annually, half yearly, quarterly or monthly, as per your convenience.
your savings for a long period of time, making it difficult for you to access your own Your annual premium will be multiplied by 0.510, 0.258 or 0.087 in case you opt for
monies. So while you may have a strong future plan, you might not be able to paying it half yearly, quarterly or monthly, respectively.
access your funds, if and when required.
3. Thankfully, with BSLI Money Back Plus Plan, you won't have to worry ever again.
BSLI Money Back Plus Plan, a non-participating endowment plan, offers you the
Power of Guarantee with Safety and Liquidity.
THE BSLI MONEY BACK PLUS PLAN OFFERS
• Growth and Liquidity: The plan offers you a chance to earn survival benefit at the
end of every policy year from the 3rd year onwards. The survival benefit can be
withdrawn by you or can be used to pay the premium dues.
• Assurance on Maturity: At maturity, your policy returns you an amount equal to
your Guaranteed Maturity Benefit, plus your survival benefits. The Guaranteed
Maturity Benefit is based on your current age and the policy term and is greater
than all base premiums paid. The younger you are and the longer you stay, the
higher is the guarantee.
• Increasing Safety: Every policy anniversary, as a mark of loyalty, the plan increases
your existing cover by an amount equal to the annual base premium. As a result,
your cover increases with successive year, thus offering you increasing safety.
We believe that, as a discerning customer, you deserve to get the best out of every
saving plan and we are happy to bring you BSLI Money Back Plus Plan which comes
with benefits never offered before.
IS BSLI MONEY BACK PLUS PLAN RIGHT FOR YOU?
This plan has been designed for you if you are:
• 60 years of age or younger. The plan cannot be sold to less than 30 days old babies.
THE POWER OF GROWTH AND LIQUIDITY WITH ASSURANCE • Looking to invest for more than 10 years. The maximum term for this product is
(70 minus your current age) subject to a maximum of 40 years.
Your family comes first for you and so does their future. Your dreams for your family
require strong financial planning. Your savings today may not be enough to power • Looking to invest at least Rs. 9600 per annum. While there are no limits on the
those dreams of tomorrow. Have you consider the risks associated with: amount you can invest in this plan, you can choose your annual base premiums
only in multiples of Rs. 1200 per annum over the minimum premium of Rs. 9600.
• Increasing costs of living: At an average inflation rate of 8% in twenty years, a
litre of milk will cost Rs. 100, an overnight train journey will cost Rs. 800, a meal PREMIUMS AND SURVIVAL BENEFIT BANDS
for two at your local restaurant will cost Rs. 1200 and a medical check up may
The survival benefit under BSLI Money Back Plus Plan is linked to your annual base
cost Rs. 5000.
premiums, and is categorized in 3 bands, as follows:
• Starting late with your savings plan: The difference between starting now and
starting 5 years later could be as high as 60% more per year. This is assuming Survival Benefit Annual Base Premium Range Survival Benefit
planning for 20 years vis-à-vis 15 years at an interest rate assumption of 6%. Band 1 Rs. 9,600 - Rs. 18,000 Base Survival Benefit
Band 2 Rs. 19,200 - Rs. 37,200 5% extra over Base Survival Benefit
• Not financially securing your plan early: With urban nuclear families replacing
Band 3 Rs. 38,400 onwards 7% extra over Base Survival Benefit
joint families, the social security network requires stronger financial support to
cover for uncertainties of life to ensure that your family continues to live your dreams
Please note that you may choose to pay any premium in multiples of Rs.1200 per
even without you.
annum over a minimum annual base premium of Rs. 9600. You may also choose to
• Not being able to access your own funds: Many savings instruments lock in pay your premiums annually, half yearly, quarterly or monthly, as per your convenience.
your savings for a long period of time, making it difficult for you to access your own Your annual premium will be multiplied by 0.510, 0.258 or 0.087 in case you opt for
monies. So while you may have a strong future plan, you might not be able to paying it half yearly, quarterly or monthly, respectively.
access your funds, if and when required.
4. Service Tax & Education Cess and any other applicable taxes will be added to your
premium and levied as per the extant tax laws.
GROWTH & LIQUIDITY – THE POWER OF SURVIVAL BENEFITS
At the end of every policy year starting from the 3rd year, you will earn a survival benefit
calculated as your total base premiums paid till date multiplied by:
• 5.00% + 60% of any excess of the GSec rate over 7.50%; or
• 5.00% – 75% of any excess of the 7.50% over the GSec rate
At the beginning of each policy year, your policy will be assigned the latest GSec rate
declared by us, and your year-end survival benefit will be based on this GSec rate,
irrespective of any change in interest rates during the policy year.
We will declare the GSec rate at the beginning of each calendar quarter (the 1st of
January, April, July and October) and it will equal the average of the daily 10-year
Constant Maturity Treasury annual yields, as calculated by Bloomberg, recorded over
the last calendar quarter.
Your survival benefit is based on the prevailing 10-year Government of India Security
at the beginning of the policy year. You will enjoy 60% of any upside interest movement
and be protected on the downside by having your survival benefit reduced by only
75% of the downside interest movement. For example:
GSec Rate Downside/Upside Adjustment Survival Benefit Rate
7.50% — 5.00%
5.50% - 75% x 2.00% = - 1.50% 3.50%
9.50% + 60% x 2.00% = + 1.20% 6.20%
Your survival benefit will be increased by 5% or 7% at higher premiums as per the
Survival Benefit Bands.
The survival benefit will be calculated at the end of every policy year and credited
to your policy's accumulated survival benefits. The accumulated survival benefits
balance are available for you to:
• Make cash withdrawals, subject to a minimum of Rs. 5000
• Offset future premiums, provided your accumulated survival benefits are higher
than your annual premium
Any accumulated survival benefits will be payable on maturity, surrender or death.
5. Service Tax & Education Cess and any other applicable taxes will be added to your
premium and levied as per the extant tax laws.
GROWTH & LIQUIDITY – THE POWER OF SURVIVAL BENEFITS
At the end of every policy year starting from the 3rd year, you will earn a survival benefit
calculated as your total base premiums paid till date multiplied by:
• 5.00% + 60% of any excess of the GSec rate over 7.50%; or
• 5.00% – 75% of any excess of the 7.50% over the GSec rate
At the beginning of each policy year, your policy will be assigned the latest GSec rate
declared by us, and your year-end survival benefit will be based on this GSec rate,
irrespective of any change in interest rates during the policy year.
We will declare the GSec rate at the beginning of each calendar quarter (the 1st of
January, April, July and October) and it will equal the average of the daily 10-year
Constant Maturity Treasury annual yields, as calculated by Bloomberg, recorded over
the last calendar quarter.
Your survival benefit is based on the prevailing 10-year Government of India Security
at the beginning of the policy year. You will enjoy 60% of any upside interest movement
and be protected on the downside by having your survival benefit reduced by only
75% of the downside interest movement. For example:
GSec Rate Downside/Upside Adjustment Survival Benefit Rate
7.50% — 5.00%
5.50% - 75% x 2.00% = - 1.50% 3.50%
9.50% + 60% x 2.00% = + 1.20% 6.20%
Your survival benefit will be increased by 5% or 7% at higher premiums as per the
Survival Benefit Bands.
The survival benefit will be calculated at the end of every policy year and credited
to your policy's accumulated survival benefits. The accumulated survival benefits
balance are available for you to:
• Make cash withdrawals, subject to a minimum of Rs. 5000
• Offset future premiums, provided your accumulated survival benefits are higher
than your annual premium
Any accumulated survival benefits will be payable on maturity, surrender or death.
6. teed YOUR PREMIUMS ASSURED – THE POWER your Guaranteed Maturity Benefit minus Early Maturity Adjustment PLUS your
Guaran rity
Matu fit accumulated survival benefits.
Bene OF GUARANTEED MATURITY BENEFIT
This early maturity adjustment is equal to 1.2% for each year by which you want to
At your policy maturity, you will receive an amount equal to the Guaranteed Maturity advance the maturity. There will be no deduction for early maturity after you have
Benefit PLUS your accumulated survival benefits. The Guaranteed Maturity Benefit completed 20 policy years.
(GMB) is linked to your age at entry and the policy term. To reiterate, the GMB is higher
You cannot prepone your policy's maturity if your policy hasn't completed ten years.
for lower age and higher policy terms. Needless to say, you should start now and save
for as long as you can. Please refer to the table below for a sample of Guaranteed Example: If a 25-year policy is needed to be preponed to 15 years. Your guaranteed
Maturity Benefit per Rs. 1200 annual base premium: maturity amount will correspond to 15 years (not 25 years).
Entry Age Policy Term The early maturity adjustment of 1.2% will be applied on 5 years only as after 20 years
10 15 20 25 30 there is no such deduction made i.e. 1.2 % (20-15 years). This amounts to a deduction
of 6% from your guaranteed maturity amount.
20 13020 19959 26129 34062 43018
30 13001 19882 25922 33645 42294 Thus, you stand to receive 94% of Guaranteed Maturity Benefit corresponding to
35 12948 19744 25603 33063 41312 15 years.
40 12849 19480 25030 32020 39458 • Surrender Benefits
45 12670 19031 24052 30131 — In the unfortunate situation that you have to surrender your policy before completion
50 12380 18298 24738 — — of 10 policy years, you will receive all base premiums paid by you multiplied by
55 12000 18486 — — — a percentage as indicated below PLUS accumulated survival benefits
60 12057 — — — —
Policy Year of Surrender
Annual Base
12000 18000 24000 30000 36000 1-2 3 4 5 6 7 8 9 10
Premiums Paid
0% 25% 30% 35% 45% 55% 65% 75% 85%
For exact Guaranteed Maturity Benefits at other combinations of your age and policy
Policy will acquire a surrender benefit only if premiums for full 3 years are paid.
term, please refer to our website or contact us.
There is a detailed illustration on the last page of the brochure which you may refer
There is a detailed illustration on the last page of the brochure which you may refer to,
for ease of understanding.
for ease of understanding.
teed SAFETY OF YOUR DREAMS – THE POWER
Guaran th
Dea
Benefit OF INCREASING LIFE COVER
The minimum life cover in this plan is ten times the annual base premium. However, in
this policy, on every policy anniversary, your life cover will be increased by an amount
equal to your annual base premium.
In case of the unfortunate event of death of the life insured, we will pay your nominee
an amount equal to 10 times your annual base premium and all base premiums paid
till date (excluding the first year premium) PLUS all accumulated survival benefits.
teed PREPONEMENT OF MATURITY AND
Guarannder
S urre it
Benef SURRENDER OF BENEFITS
• Preponement of Maturity
In the unfortunate situation that you need to prepone your maturity, you will receive
7. teed YOUR PREMIUMS ASSURED – THE POWER your Guaranteed Maturity Benefit minus Early Maturity Adjustment PLUS your
Guaran rity
Matu fit accumulated survival benefits.
Bene OF GUARANTEED MATURITY BENEFIT
This early maturity adjustment is equal to 1.2% for each year by which you want to
At your policy maturity, you will receive an amount equal to the Guaranteed Maturity advance the maturity. There will be no deduction for early maturity after you have
Benefit PLUS your accumulated survival benefits. The Guaranteed Maturity Benefit completed 20 policy years.
(GMB) is linked to your age at entry and the policy term. To reiterate, the GMB is higher
You cannot prepone your policy's maturity if your policy hasn't completed ten years.
for lower age and higher policy terms. Needless to say, you should start now and save
for as long as you can. Please refer to the table below for a sample of Guaranteed Example: If a 25-year policy is needed to be preponed to 15 years. Your guaranteed
Maturity Benefit per Rs. 1200 annual base premium: maturity amount will correspond to 15 years (not 25 years).
Entry Age Policy Term The early maturity adjustment of 1.2% will be applied on 5 years only as after 20 years
10 15 20 25 30 there is no such deduction made i.e. 1.2 % (20-15 years). This amounts to a deduction
of 6% from your guaranteed maturity amount.
20 13020 19959 26129 34062 43018
30 13001 19882 25922 33645 42294 Thus, you stand to receive 94% of Guaranteed Maturity Benefit corresponding to
35 12948 19744 25603 33063 41312 15 years.
40 12849 19480 25030 32020 39458 • Surrender Benefits
45 12670 19031 24052 30131 — In the unfortunate situation that you have to surrender your policy before completion
50 12380 18298 24738 — — of 10 policy years, you will receive all base premiums paid by you multiplied by
55 12000 18486 — — — a percentage as indicated below PLUS accumulated survival benefits
60 12057 — — — —
Policy Year of Surrender
Annual Base
12000 18000 24000 30000 36000 1-2 3 4 5 6 7 8 9 10
Premiums Paid
0% 25% 30% 35% 45% 55% 65% 75% 85%
For exact Guaranteed Maturity Benefits at other combinations of your age and policy
Policy will acquire a surrender benefit only if premiums for full 3 years are paid.
term, please refer to our website or contact us.
There is a detailed illustration on the last page of the brochure which you may refer
There is a detailed illustration on the last page of the brochure which you may refer to,
for ease of understanding.
for ease of understanding.
teed SAFETY OF YOUR DREAMS – THE POWER
Guaran th
Dea
Benefit OF INCREASING LIFE COVER
The minimum life cover in this plan is ten times the annual base premium. However, in
this policy, on every policy anniversary, your life cover will be increased by an amount
equal to your annual base premium.
In case of the unfortunate event of death of the life insured, we will pay your nominee
an amount equal to 10 times your annual base premium and all base premiums paid
till date (excluding the first year premium) PLUS all accumulated survival benefits.
teed PREPONEMENT OF MATURITY AND
Guarannder
S urre it
Benef SURRENDER OF BENEFITS
• Preponement of Maturity
In the unfortunate situation that you need to prepone your maturity, you will receive
8. OTHER QUESTIONS THAT YOU MAY HAVE
Is there an extra benefit that I receive in case an accident occurs?
Yes, you have an option of Accidental Death and Dismemberment Rider that you
may add to your policy.
You will get 100% cover in case of unfortunate death due to accident; loss of more
than one limb; loss of sight in both eyes; or loss of one limb and loss of sight in one eye.
You receive 50% of cover in case of loss of one limb; or loss of sight in one eye.
What happens if , due to some reason, I am unable to pay my premium on time?
If you are unable to pay the premium by the due date, you will be given a grace period
of 30 days and during this grace period all coverages under your policy will continue. If
you do not pay your premium within the grace period, the following will be applicable:
(a) In case your policy has not acquired a surrender benefit, then all benefits under
your policy will cease immediately.
(b) In case your policy has acquired a surrender benefit, then your policy will be
continued on a reduced paid-up basis.
You can reinstate your policy for its full coverage within two years from the due date of
the unpaid premium by paying all outstanding premiums together with interest as
declared by us from time to time and by providing evidence of insurability satisfactory
to us.
Can I get loans against my policy?
Yes, you are allowed to get policy loans once the policy acquires a surrender benefit.
The minimum policy loan is Rs. 10,000 and the maximum is 90% of the surrender
benefit. Interest, at a rate declared by us from time to time, will be charged against
any outstanding loans.
Any outstanding loan balance will be recovered by us from policy proceeds due for
payment and will be deducted before any benefit is paid under the policy.
What are the tax benefits that I get on this policy?
You will be eligible for tax benefits under Section 80C and Section 10(10D) of the
Income Tax Act, 1961. Presently,
• Under Section 80C, premiums up to Rs. 100,000 are allowed as a deduction from
your taxable income, each year
• Under Section 10(10D), the benefits you receive from this plan are exempt from
tax, subject to mentioned exclusions
What option do I have in case I change my mind after buying the policy?
You will have the right to return your policy to us within 15 days from the date of receipt
of the policy. We will refund all premiums paid till date once we receive your written
notice of cancellation (along with reasons thereof), together with the original policy
documents. Depending on our then current administration rules, we may reduce the
amount of the refund by expenditures incurred by us in issuing your policy, and as
permitted by the IRDA and in accordance to IRDA (Protection of Policyholders'
Interest) Regulations, 2002.
9. OTHER QUESTIONS THAT YOU MAY HAVE
Is there an extra benefit that I receive in case an accident occurs?
Yes, you have an option of Accidental Death and Dismemberment Rider that you
may add to your policy.
You will get 100% cover in case of unfortunate death due to accident; loss of more
than one limb; loss of sight in both eyes; or loss of one limb and loss of sight in one eye.
You receive 50% of cover in case of loss of one limb; or loss of sight in one eye.
What happens if , due to some reason, I am unable to pay my premium on time?
If you are unable to pay the premium by the due date, you will be given a grace period
of 30 days and during this grace period all coverages under your policy will continue. If
you do not pay your premium within the grace period, the following will be applicable:
(a) In case your policy has not acquired a surrender benefit, then all benefits under
your policy will cease immediately.
(b) In case your policy has acquired a surrender benefit, then your policy will be
continued on a reduced paid-up basis.
You can reinstate your policy for its full coverage within two years from the due date of
the unpaid premium by paying all outstanding premiums together with interest as
declared by us from time to time and by providing evidence of insurability satisfactory
to us.
Can I get loans against my policy?
Yes, you are allowed to get policy loans once the policy acquires a surrender benefit.
The minimum policy loan is Rs. 10,000 and the maximum is 90% of the surrender
benefit. Interest, at a rate declared by us from time to time, will be charged against
any outstanding loans.
Any outstanding loan balance will be recovered by us from policy proceeds due for
payment and will be deducted before any benefit is paid under the policy.
What are the tax benefits that I get on this policy?
You will be eligible for tax benefits under Section 80C and Section 10(10D) of the
Income Tax Act, 1961. Presently,
• Under Section 80C, premiums up to Rs. 100,000 are allowed as a deduction from
your taxable income, each year
• Under Section 10(10D), the benefits you receive from this plan are exempt from
tax, subject to mentioned exclusions
What option do I have in case I change my mind after buying the policy?
You will have the right to return your policy to us within 15 days from the date of receipt
of the policy. We will refund all premiums paid till date once we receive your written
notice of cancellation (along with reasons thereof), together with the original policy
documents. Depending on our then current administration rules, we may reduce the
amount of the refund by expenditures incurred by us in issuing your policy, and as
permitted by the IRDA and in accordance to IRDA (Protection of Policyholders'
Interest) Regulations, 2002.
10. TERMS AND CONDITIONS
Refund of Premiums upon Death
We will only refund base premiums paid till date in the event the life insured dies
by suicide, whether medically sane or insane, within one year after the issue or
reinstatement date, whichever is later.
We will only refund base premiums paid till date in the event the life insured dies before
the policy anniversary coinciding with or immediately following the 5th birthday of
the life insured.
Prohibition of Rebates – Section 41 of the Insurance Act, 1938
No person shall allow or offer to allow, either directly or indirectly, as an inducement to
any person to take or renew or continue an insurance in respect of any kind of risk
relating to lives or property in India, any rebate of the whole or part of the commission
payable or any rebate of the premium shown on the policy, nor shall any person taking
out or renewing or continuing a policy accept any rebate, except such rebate as may
be allowed in accordance with the published prospectuses or tables of the insurer.
Non-Disclosure – Section 45 of the Insurance Act, 1938
No policy of life insurance effected after the coming into force of this act shall, after the
expiry of two years from the date on which it was effected be called in question by an
insurer on the ground that statement made in the proposal or in any report of a medical
officer, or referee, or friend of the life insured, or in any other document leading to
the issue of the policy, was inaccurate or false, unless the insurer shows that
such statement was on a material matter or suppressed facts which it was material
to disclose and that it was fraudulently made by the policyholder and that the
policyholder knew at the time of making it that the statement was false or that it
suppressed facts which it was material to disclose.
Provided that nothing in this section shall prevent the insurer from calling for proof of
age at any time if he is entitled to do so, and no policy shall be deemed to be called in
question merely because the terms of the policy are adjusted on subsequent proof
that the age of the life insured was incorrectly stated in the application.
11. TERMS AND CONDITIONS
Refund of Premiums upon Death
We will only refund base premiums paid till date in the event the life insured dies
by suicide, whether medically sane or insane, within one year after the issue or
reinstatement date, whichever is later.
We will only refund base premiums paid till date in the event the life insured dies before
the policy anniversary coinciding with or immediately following the 5th birthday of
the life insured.
Prohibition of Rebates – Section 41 of the Insurance Act, 1938
No person shall allow or offer to allow, either directly or indirectly, as an inducement to
any person to take or renew or continue an insurance in respect of any kind of risk
relating to lives or property in India, any rebate of the whole or part of the commission
payable or any rebate of the premium shown on the policy, nor shall any person taking
out or renewing or continuing a policy accept any rebate, except such rebate as may
be allowed in accordance with the published prospectuses or tables of the insurer.
Non-Disclosure – Section 45 of the Insurance Act, 1938
No policy of life insurance effected after the coming into force of this act shall, after the
expiry of two years from the date on which it was effected be called in question by an
insurer on the ground that statement made in the proposal or in any report of a medical
officer, or referee, or friend of the life insured, or in any other document leading to
the issue of the policy, was inaccurate or false, unless the insurer shows that
such statement was on a material matter or suppressed facts which it was material
to disclose and that it was fraudulently made by the policyholder and that the
policyholder knew at the time of making it that the statement was false or that it
suppressed facts which it was material to disclose.
Provided that nothing in this section shall prevent the insurer from calling for proof of
age at any time if he is entitled to do so, and no policy shall be deemed to be called in
question merely because the terms of the policy are adjusted on subsequent proof
that the age of the life insured was incorrectly stated in the application.
12. BIRLA SUN LIFE INSURANCE – A COMING TOGETHER OF VALUES
Birla Sun Life Insurance Company Limited is a joint venture between The Aditya Birla
Group, one of the largest business houses in India and Sun Life Financial Inc.,
a leading international financial services organization. The local knowledge of the
Aditya Birla Group combined with the expertise of Sun Life Financial Inc., offers a
formidable protection for your future.
The Aditya Birla Group has a turnover of close to Rs. 119,000 crores, with a market
capitalization of Rs. 133,875 crores (as on 31st March 2008). It has over 100,000
employees across all its units worldwide. It is led by its Chairman – Mr. Kumar Mangalam
Birla. Some of its key companies are Hindalco, Grasim and Aditya Birla Nuvo.
Sun Life Financial Inc. and its partners have operations in key markets worldwide.
These include Canada, the United States, the United Kingdom, Hong Kong, the
Philippines, Japan, Indonesia, India, China and Bermuda. Sun Life Financial Inc. has
assets under management of over US$ 404.7 billion (as on 31st March, 2008). It is
a leading performer in the life insurance market in Canada.
Birla Sun Life Insurance (BSLI) has been operating for 9 years. It has contributed
significantly to the growth and development of the life insurance industry in India.
It pioneered the launch of Unit Linked Life Insurance plans amongst the private
players in India. It was the first player in the industry to sell its policies through the
Bancassurance route and through the Internet. It was the first private sector player
to introduce a Pure Term plan in the Indian market. BSLI has covered more than
2 million lives since it commenced operations and its customer base is spread
across more than 1500 towns and cities in India. The company has a capital base of
Rs. 1274.5 crores as on 31st March 2008.
13. BIRLA SUN LIFE INSURANCE – A COMING TOGETHER OF VALUES
Birla Sun Life Insurance Company Limited is a joint venture between The Aditya Birla
Group, one of the largest business houses in India and Sun Life Financial Inc.,
a leading international financial services organization. The local knowledge of the
Aditya Birla Group combined with the expertise of Sun Life Financial Inc., offers a
formidable protection for your future.
The Aditya Birla Group has a turnover of close to Rs. 119,000 crores, with a market
capitalization of Rs. 133,875 crores (as on 31st March 2008). It has over 100,000
employees across all its units worldwide. It is led by its Chairman – Mr. Kumar Mangalam
Birla. Some of its key companies are Hindalco, Grasim and Aditya Birla Nuvo.
Sun Life Financial Inc. and its partners have operations in key markets worldwide.
These include Canada, the United States, the United Kingdom, Hong Kong, the
Philippines, Japan, Indonesia, India, China and Bermuda. Sun Life Financial Inc. has
assets under management of over US$ 404.7 billion (as on 31st March, 2008). It is
a leading performer in the life insurance market in Canada.
Birla Sun Life Insurance (BSLI) has been operating for 9 years. It has contributed
significantly to the growth and development of the life insurance industry in India.
It pioneered the launch of Unit Linked Life Insurance plans amongst the private
players in India. It was the first player in the industry to sell its policies through the
Bancassurance route and through the Internet. It was the first private sector player
to introduce a Pure Term plan in the Indian market. BSLI has covered more than
2 million lives since it commenced operations and its customer base is spread
across more than 1500 towns and cities in India. The company has a capital base of
Rs. 1274.5 crores as on 31st March 2008.
14. FOR BETTER UNDERSTANDING AND CLARITY, YOU MAY REFER TO In Rupees Ratio to Base Premiums paid to date
THE DETAILS IN THE FOLLOWING ILLUSTRATION: Annual Guaranteed Non-Guaranteed Guaranteed Total and
Base Surrender Accumulated Survival Surrender Non-Guaranteed
For example: You have an annual base premium of Rs. 1200 in a 25-year policy term Premium Benefit Benefits Benefit Surrender Benefit
and your age at entry being 30 years. Following Accumulated Survival Benefits will at 5.5% at 7.5% at 9.5% at 5.5% at 7.5% at 9.5%
emerge in different scenarios: 12000 336450 200968 336283 491970 112% 179% 224% 276%
24000 672900 422033 706195 1033136 112% 182% 230% 284%
Illustration Down Scenario Base Up Scenario
48000 1345800 860144 1439293 2105630 112% 184% 232% 288%
Average 10-Year GSec Rate 5.50% 7.50% 9.50%
Survival Benefit Payout Rate 3.50% 5.00% 6.20%
Survival Benefit Accumulation Rate 4.68% 6.38% 8.08%
DISCLAIMERS
In Rupees Ratio to Base Premiums paid to date
Insurance is the subject matter of the solicitation. For more details on terms and
Guaranteed Non-Guaranteed Guaranteed Total and
Policy Surrender Accumulated Survival Surrender Non-Guaranteed conditions, please read the sales brochure carefully before concluding the sale. Tax
Year Benefit Benefits Benefit Surrender Benefit benefits are subject to changes in the tax laws.
at 5.5% at 7.5% at 9.5% at 5.5% at 7.5% at 9.5%
1&2 — — — — — — — —
3 900 126 180 223 25% 29% 30% 31%
4 1441 300 431 539 30% 36% 39% 41%
5 2100 524 759 954 35% 44% 48% 51%
6 3240 800 1167 1478 45% 56% 61% 66%
7 4620 1132 1662 2118 55% 68% 75% 80%
8 6240 1521 2248 2884 65% 81% 88% 95%
9 8100 1970 2931 3787 75% 93% 102% 110%
10 11440 2482 3718 4836 95% 116% 126% 136%
15 18689 6095 9452 12746 104% 138% 156% 175%
20 25922 11789 18966 26594 108% 157% 187% 219%
25 33645 20097 33628 49197 112% 179% 224% 276%
If the Annual Base Premium is:
• Band 2 - at least Rs. 19,200, then the Accumulated Survival Benefits are 5% higher
than shown above
• Band 3 - at least Rs. 38,400, then the Accumulated Survival Benefits are 7% higher
than shown above
At the end of 25 years (at maturity), the following amounts would be payable
for three Annual Base Premium levels:
• Annual Base Premium of Rs. 12,000 is 10 times above illustration
• Annual Base Premium of Rs. 24,000 is 20 times above illustration with Accumulated
Survival Benefits are 5% higher
• Annual Base Premium of Rs. 48,000 is 40 times above illustration with Accumulated
Survival Benefits are 7% higher
Illustration continued on the next page.
15. FOR BETTER UNDERSTANDING AND CLARITY, YOU MAY REFER TO In Rupees Ratio to Base Premiums paid to date
THE DETAILS IN THE FOLLOWING ILLUSTRATION: Annual Guaranteed Non-Guaranteed Guaranteed Total and
Base Surrender Accumulated Survival Surrender Non-Guaranteed
For example: You have an annual base premium of Rs. 1200 in a 25-year policy term Premium Benefit Benefits Benefit Surrender Benefit
and your age at entry being 30 years. Following Accumulated Survival Benefits will at 5.5% at 7.5% at 9.5% at 5.5% at 7.5% at 9.5%
emerge in different scenarios: 12000 336450 200968 336283 491970 112% 179% 224% 276%
24000 672900 422033 706195 1033136 112% 182% 230% 284%
Illustration Down Scenario Base Up Scenario
48000 1345800 860144 1439293 2105630 112% 184% 232% 288%
Average 10-Year GSec Rate 5.50% 7.50% 9.50%
Survival Benefit Payout Rate 3.50% 5.00% 6.20%
Survival Benefit Accumulation Rate 4.68% 6.38% 8.08%
DISCLAIMERS
In Rupees Ratio to Base Premiums paid to date
Insurance is the subject matter of the solicitation. For more details on terms and
Guaranteed Non-Guaranteed Guaranteed Total and
Policy Surrender Accumulated Survival Surrender Non-Guaranteed conditions, please read the sales brochure carefully before concluding the sale. Tax
Year Benefit Benefits Benefit Surrender Benefit benefits are subject to changes in the tax laws.
at 5.5% at 7.5% at 9.5% at 5.5% at 7.5% at 9.5%
1&2 — — — — — — — —
3 900 126 180 223 25% 29% 30% 31%
4 1441 300 431 539 30% 36% 39% 41%
5 2100 524 759 954 35% 44% 48% 51%
6 3240 800 1167 1478 45% 56% 61% 66%
7 4620 1132 1662 2118 55% 68% 75% 80%
8 6240 1521 2248 2884 65% 81% 88% 95%
9 8100 1970 2931 3787 75% 93% 102% 110%
10 11440 2482 3718 4836 95% 116% 126% 136%
15 18689 6095 9452 12746 104% 138% 156% 175%
20 25922 11789 18966 26594 108% 157% 187% 219%
25 33645 20097 33628 49197 112% 179% 224% 276%
If the Annual Base Premium is:
• Band 2 - at least Rs. 19,200, then the Accumulated Survival Benefits are 5% higher
than shown above
• Band 3 - at least Rs. 38,400, then the Accumulated Survival Benefits are 7% higher
than shown above
At the end of 25 years (at maturity), the following amounts would be payable
for three Annual Base Premium levels:
• Annual Base Premium of Rs. 12,000 is 10 times above illustration
• Annual Base Premium of Rs. 24,000 is 20 times above illustration with Accumulated
Survival Benefits are 5% higher
• Annual Base Premium of Rs. 48,000 is 40 times above illustration with Accumulated
Survival Benefits are 7% higher
Illustration continued on the next page.