BSLI Platinum Advantage Plan

BSLI Platinum Advantage Plan

This Plan gives you the advantage to choose from 2 Investment Options – Guaranteed Option and Self-Managed Option. With the Guaranteed Option your investments in the Platinum Advantage Fund are safeguarded from any downsides in the capital markets. And you also have options to enhance the financial security of your loved ones, at a nominal additional cost.

This plan offers you:

A 10-year plan with a 5-year Pay Term Option to enhance the financial security for your loved ones Complete control on your investments

How BSLI Platinum Advantage Plan works:

1. You choose the Basic Premium you want to pay annually for 5 years 2. You choose your Investment Option from Self-managed Option or Guaranteed Option 3. You choose the Enhanced Sum Assured and increase the financial protection of your loved ones 4. You choose from our range of riders and safeguard your family's financial future

Your Investment Options

Self-Managed Option:The Self-Managed Option gives you complete access to invest your premiums in our well established suite of 10 Investment Funds, ranging from 100% debt to 100% equity. You also enjoy full freedom to switch from one Investment Fund to another, as per your changing requirements.

Choose from our range of 10 Investment Funds, to suit your risk appetite Allocate your savings the proportion of your choice Change your allocations as per your changing requirements

Guaranteed Option: The Guaranteed Option allows you to invest your first three annual premiums in our Platinum Advantage Fund. This Fund comes with a guarantee of the highest unit price recorded on a daily basis over 7 years. It offers optimal participation in capital market growth, while safeguarding your investments and any gains thereon. We open a new Platinum Advantage Fund from time to time and your policy will participate in the latest Platinum Advantage Fund open for new business when your policy is issued. For more details please refer to our product brochure or speak to your financial advisor.

Based on your above choices you will receive a host of benefits as below:

Maturity Benefit:You will receive the Fund Value at maturity. In addition, you will receive an amount equal to the number of units in Platinum Advantage Fund times the excess, if any,of Guaranteed Unit Price over the then prevailing unit price of this Investment Fund, if you have opted for Guaranteed Option .

Death Benefit: In the unfortunate event of the death of the life insured prior to maturity, we will pay to the nominee the greater of (a) the Fund Value as on date of intimation of death or (b) the Basic Sum Assured reduced for partial withdrawals as follows

Before the life insured attains the age of 60, the Basic Sum Assured payable on death is reduced by partial withdrawals made in the preceding two years

Once the life insured attains the age of 60, the Basic Sum Assured payable on death is reduced by all partial withdrawals made from age 58 onwards

In addition we will also pay the Enhanced Sum Assured, if any.

Death benefit shall never be less than 105% of total premiums paid to date (excluding any applicable rider premium and/or underwriting extras) less any previous partial withdrawals.

Surrender Benefit: In case of emergency fund requirements, you can surrender your policy after the completion of five policy years, and receive the Fund Value at that time.

Top-Up Premium:If you wish to increase your investment in the policy, you have the freedom to invest additional amounts to your premium as Top-up premiums, anytime during the policy term, as long as all due policy premiums have been paid.In case of Guaranteed Option, you are allowed to Top-up your investment after first 3 policy years.

Partial withdrawals:You can make unlimited partial withdrawals to meet any financial emergencies.

Policy Loans: You can meet your financial needs by availing of a loan on your policy

Choose from our Rider options to increase the financial security of your loved ones

Critical Illness Rider:On diagnosis any of the four illnesses - Heart Attack, Cancer, Major Organ Transplant and Stroke, you will receive upto 100% of the Rider Sum Assured.

Accidental Death and Disability Rider:In the event of death due to an accident, your nominee will receive the chosen Rider Sum Assured up to a maximum of Rs. 50,00,000. In the event of disability due to an accident, you will receive a fixed percentage of the Rider Sum Assured, depending on the type of injury.

Hospital Care Rider:In the event that you are hospitalised for treatment, you will receive Daily Cash Benefit to take care of your expenses. In case you are treated in an Intensive Care Unit, you will receive an enhanced Daily Cash Benefit. To help you cover your recuperation expenses, you will be paid a lump sum amount, in case you are hospitalised for more than seven days for the same disease.

Surgical Care Rider:In case you are hospitalised to undergo a surgery, you will be paid a lump sum amount to cover your expenses.

Waiver of Premium Rider:In case life insured / policyholder is unable to pay the policy premiums due to a disability, critical illness or an untimely demise, all future premiums of the base plan and the attached riders will be paid by BSLI and all policy benefits will continue.

For more details on any of the riders mentioned above, please consult your BSLI financial advisor or refer to the rider brochure.

Plan Summary

Entry Age of Life Insured 8 to 70 years of age Policy Term 10 years Pay Term 5 years Basic Premium Minimum Rs. 25,000 p.a. if paid annually Minimum Rs. 30,000 p.a. if paid monthly, quarterly or semi-annually Premium Payment Frequency Monthly, Quarterly, Semi-annually or Annually Basic Sum Assured 10 x Basic Premium for entry ages below 45 7 x Basic Premium for entry ages 45 and above Enhanced Sum Assured Minimum Rs. 50,000 Entry Age 18 to 65 years

BSLI Classic Endowment Plan

Classic Endowment Plan - a plan that lets you channel your savings to our range of ten investment funds, to suit your investment needs, and also provides financial protection for your family.

This plan offers you:

Choice of Policy Term and Pay Term Flexibility of directing your savings to 10 investment funds, as per your risk appetite Enhanced financial security for your loved ones

How BSLI Classic Endowment Plan works:

You select your Policy Term from our options of 10 / 15 / 20 / 25 / 30 years. You select the Basic Premium you wish to pay every year. You select your Pay Term from options of 5-Pay / 10-Pay / 15-Pay / 20-Pay / To Savings Date. You have an option to choose an Enhanced Sum Assured and increase the financial security for your loved ones for a minimum amount of Rs. 50,000. You have an option to choose from our range of riders and customise your family's future financial security.

Based on your above choices you will receive a host of benefits as below:

Maturity Benefit: You will receive the Fund Value at maturity. Death Benefit: In the unfortunate event of the demise of the life insured prior to maturity, the nominee will receive the greater of either the Fund Value or the Basic Sum Assured, reduced for partial withdrawals as follows: Before the life insured attains the age of 60, the Basic Sum Assured payable on death is reduced by partial withdrawals made in the preceding two years Once the life insured attains the age of 60, the Basic Sum Assured payable on death is reduced by all partial withdrawals made from age 58 onwards In addition, the nominee will also receive the Enhanced Sum Assured, if any. Surrender Benefit: In case of emergency fund requirements, you can surrender your policy after the completion of five policy years, and receive the Fund Value at that time. Top up Premium: If you wish to increase your investment in the policy, you have the freedom to invest additional amounts to your premium as top-up premiums, anytime during the policy term, except in the five years prior to maturity and as long as all due policy premiums have been paid. Guaranteed Additions: Your policy enjoys a boost in form of additional units. For more details on the guaranteed additions, please contact your financial advisors or refer to our brochure. Partial Withdrawals: You can make unlimited partial withdrawals to meet any financial emergencies. Policy Loans: You can also avail loans on your policy.

Self-Managed Option: The flexibility to direct your savings in our range of 10 investment funds.

The Self-Managed Option gives you complete access to invest your premiums in our well established suite of 10 investment funds, ranging from 100% debt to 100% equity. You also enjoy full freedom to switch from one investment fund to another, as per your changing requirements.

Choose from our range of ten investment funds, to suit your risk appetite Allocate your savings in the proportion of your choice Change your allocations as per your changing requirements

Choose from our Rider options to increase the financial security of your loved ones

Critical Illness Rider: On diagnosis any of the four illnesses - Heart Attack, Cancer, Major Organ Transplant and Stroke, you will receive up to 100% of the Rider Sum Assured.

Accidental Death and Disability Rider: In the event of death due to an accident, your nominee will receive the chosen Rider Sum Assured up to a maximum of Rs. 50,00,000. In the event of disability due to an accident, you will receive a fixed percentage of the Rider Sum Assured, depending on the type of injury.

Hospital Care Rider: In the event that you are hospitalised for treatment, you will receive Daily Cash Benefit to take care of your expenses. In case you are treated in an Intensive Care Unit, you will receive an Enhanced Daily Cash Benefit. To help you cover your recuperation expenses, you will be paid a lump sum amount, in case you are hospitalised for more than seven days for the same disease.

Surgical Care Rider: In case you are hospitalised to undergo a surgery, you will be paid a lump sum amount to cover your expenses.

Waiver of Premium Rider: In case life insured / policy holder is unable to pay the policy premiums due to a disability, critical illness or an untimely demise, all future premiums of the base plan and the attached riders will be paid by BSLI and all policy benefits will continue.

For more details on any of the riders mentioned above, please consult your BSLI financial advisor or refer to the rider brochure.

Plan Summary

Policy Term 10, 15, 20, 25 and 30 years Savings Date Same as policy term Entry Age 1 year to 65 years, subject to minimum age of 18 on Savings Date Basic Premium Minimum Rs. 25,000 p.a. if paid annually Minimum Rs. 30,000 p.a. if paid monthly, quarterly or semi-annually Pay Term Short pay – 5, 10, 15, 20 years |To Savings Date Top-up Premium Minimum Rs. 5,000 Premium Payment Option Monthly, Quarterly, Semi-annually or Annually Enhanced Sum Assured Minimum Rs. 50,000 Entry Age 18 to 65 years, subject to maximum age of 75 on Savings Date

BSLI Dream Endowment Plan

Dream Endowment Plan - a plan that gives you a Guaranteed Savings Amount on the date of your choice along with a range of options to provide for your family's future financial protection.

This plan offers you:

Guaranteed Savings Amount on the date of your choice Choice of Policy Term and Premium Payment Term Enhanced financial security for your loved ones

How BSLI Dream Endowment Plan works:

You choose your Policy Term from our options of 10 / 15 / 20 / 25 / 30 years. Your Guaranteed Savings Date is the last policy anniversary based on your choice of Policy Term. You choose the Basic Premium you want to pay each year. You choose Pay Term from options of 5-Pay / 10-Pay / 15-Pay / 20-Pay / Regular Pay. You have an option to choose an Enhanced Sum Assured to increase the financial security for your loved ones. You have an option to choose from our range of riders to further customise the financial security of your loved ones.

Based on your above choices, you will receive a host of benefits as below:

Maturity Benefit: You will receive Fund Value no less than the Guaranteed Savings Amount at maturity of your policy. This amount is automatically determined based on your above choices, entry age and gender. Please contact our financial advisor to know the amount applicable to you. Death Benefit: In the unfortunate event of the demise of the life insured during the policy term, the nominee will receive: Basic Sum Assured + Fund Value + Enhanced Sum Assured (if any). Entry Age Basic Sum Assured Below 45 Basic Premium X higher of 10 or the number of years to maturity divided by 2 45 & Above 45 Basic Premium X higher of 7 or the number of years to maturity divided by 4 Surrender Benefit: In case of emergency fund requirements, you can surrender your policy after the completion of five policy years, and receive the Fund Value at that time. Guaranteed Additions: Your policy enjoys a boost in form of additional units. For more details, please contact your financial advisors or refer to our brochure. Partial Withdrawals: You can make unlimited partial withdrawals to meet any financial emergencies. Policy Loans: You can meet your financial needs by availing of a loan on your policy.

Choose from our Rider options to increase the financial security of your loved ones

Critical Illness Rider: On diagnosis any of the four illnesses - Heart Attack, Cancer, Major Organ Transplant and Stroke, you will receive upto 100% of the Rider Sum Assured.

Accidental Death and Disability Rider: In the event of death due to an accident, your nominee will receive the chosen Rider Sum Assured up to a maximum of Rs. 50,00,000. In the event of disability due to an accident, you will receive a fixed percentage of the Rider Sum Assured, depending on the type of injury.

Hospital Care Rider: In the event that you are hospitalised for treatment, you will receive Daily Cash Benefit to take care of your expenses. In case you are treated in an Intensive Care Unit, you will receive an Enhanced Daily Cash Benefit. To help you cover your recuperation expenses, you will be paid a lump sum amount, in case you are hospitalised for more than seven days for the same disease.

Surgical Care Rider: In case you are hospitalised to undergo a surgery, you will be paid a lump sum amount to cover your expenses. .

Waiver of Premium Rider: In case life insured / policy holder is unable to pay the policy premiums due to a disability, critical illness or an untimely demise, all future premiums of the base plan and the attached riders will be paid by BSLI and all policy benefits will continue.

Plan Summary

Policy Term 10, 15, 20, 25 and 30 years Guaranteed Savings Date (GSD) Same as policy term Entry Age 1 year to 65 years, subject to minimum age of 18 on GSD Basic Premium Minimum Rs. 12,000 p.a. if paid annually Minimum Rs. 15,000 p.a. if paid semi-annually Minimum Rs. 20,000 p.a. if paid quarterly Minimum Rs. 24,000 p.a. if paid monthly Pay Term Short Pay – 5 years Short Pay – 10 years Short Pay – 15 years Short Pay – 20 years To Guaranteed Savings Date For entry age up to 50 For entry age up to 55 For entry age up to 60 For entry age up to 65 For entry age up to 65 Premium Payment Option Monthly, Quarterly ,Semi-annually or Annually Enhanced Sum Assured Minimum Rs. 50,000 Entry Age 18 to 65 years, subject to maximum age of 75 on GSD