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