BSLI Bachat (Money Back) Plan

A plan that grows your savings and gives you money back at regular intervals.

Bachat (Money back) Plan - A step-by-step savings plan

BSLI Bachat (Money back) Plan secures your family's future by not just growing your regular savings, but by providing you money at regular intervals as well. You also get the security of a life cover through the tenure of the policy.

Grow your regular savings Receive survival benefits at regular intervals Safety and liquidity of savings Life cover to secure your family’s future

How BSLI Bachat (Moneyback) Plan secures your family’s future vis-à-vis other investment avenues:

Safety Small Savings Liquidity Survival Benefits at regular intervals Life Cover Bank Fixed Deposits Yes Yes Yes Yes No Public Provident Fund Yes Yes Yes No No Post Office Time Deposits Yes Yes No No No National Savings Certificates Yes Yes No No No BSLI Bachat (Moneyback) Plan Yes Yes Yes Yes Yes

Bachat (Moneyback) Plan is a regular savings plan that provides you regular payouts and a lump sum, along with life protection

How Bachat (Moneyback) Plan works:

You choose your Monthly Base Premium amount that belongs to one of the following bands:

Band 1: Rs. 400 - Rs. 599 per month Band 2: Rs. 600 - Rs. 899 per month Band 3: Rs. 900 and above per month

Once you have chosen your premium amount, you receive a series of benefits as follows:

You will get a life cover for the financial security of your family. You stand to receive premium rebates for choosing annual and semi-annual mode of payment. You get a rebate of 4% if you choose to pay annually, and 2% for semi-annually. You will receive a regular payout equal to 20% of Monthly Base Premiums paid, on the 5 , 10 and 15 policy anniversary. On maturity, you will receive a lump sum which you can use to fulfill your dreams and goals. You have the advantage of liquidity on your savings to access your money any time you need it after three policy years. You have the option of double life cover in case of accidental death, for a nominal additional premium, to ensure enhanced financial security of your family.

What are the benefits of BSLI Bachat (Moneyback) Plan?

Survival Benefit : You will receive 20% of Monthly Base Premiums paid, on the 5 , 10 and 15 policy anniversary. Maturity Benefit : On maturity after 20 years, you will receive All Monthly Base Premiums paid + All Bachat Additions earned + Loyalty Addition - All Survival Benefits paid. Death Benefit : In the event of an untimely demise of the life insured, the nominee shall receive All Monthly Base Premiums paid (or Sum Assured, if higher) + All Bachat Additions earned + Loyalty Addition - All Survival Benefits paid. Your surrender benefits include All Monthly Base Premiums paid from the second year onwards multiplied by the surrender factor th th (following table) + After 10 policy year, all Bachat Additions earned + After the 15 policy year, Loyalty Addition earned (less all Survival Benefits paid).

The surrender factor is 100% after completing 10 policy years. However before 10 years are over, you will receive the following:

Policy Year of Surrender 3 4 5 6 7 8 9 10+ Surrender Factor 30% 40% 50% 60% 70% 80% 90% 100%

Accidental Death Benefit - Optional Rider for Entry Ages 18 to 50

For an extra 1.2% of MBP, additional Sum Assured is paid in case of accidental death.

Extra 180 x MBP payable in case death is accidental for entry ages 18 to 40 Extra 120 x MBP payable in case death is accidental for entry ages 41 to 50

Policy Base Premium Survival Bachat Addition Loyalty Total Additions Payable on Year Annual Paid Benefit Earned Payable Addition >Death Surrender [a] [b] [c] [d] [e] [f] >[g] [h] 1 6,000 6,000 0 300 300 1 >301 --- 2 6,000 12,000 0 600 900 7 >907 --- 3 6,000 18,000 0 900 1,800 27 >1,827 --- 4 6,000 24,000 0 1,200 3,000 75 >3,075 --- 5 6,000 30,000 6,000 1,200 4,200 147 >4,347 --- 6 6,000 36,000 0 1,500 5,700 271 >5,971 --- 7 6,000 42,000 0 1,800 7,500 469 >7,969 --- 8 6,000 48,000 0 2,100 9,600 768 >10,368 --- 9 6,000 54,000 0 2,400 12,000 1200 >13,200 --- 10 6,000 60,000 12,000 2,100 14,100 1657 >15,757 14,100 11 6,000 66,000 0 2,400 16,500 2269 >18,769 16,500 12 6,000 72,000 0 2,700 19,200 3072 >22,272 19,200 13 6,000 78,000 0 3,000 22,200 4107 >26,307 22,200 14 6,000 84,000 0 3,300 25,500 5419 >30,919 25,500 15 6,000 90,000 18,000 2,700 28,200 6627 >34,827 34,827 16 6,000 96,000 0 3,000 31,200 8112 >39,312 39,312 17 6,000 102,000 0 3,300 34,500 9919 >44,419 44,419 18 6,000 108,000 0 3,600 38,100 12097 >50,197 50,197 19 6,000 114,000 0 3,900 42,000 14700 >56,700 56,700 20 6,000 120,000 0 4,200 46,200 17787 >63,987 63,987

All Entry Ages Entry Age 13 to 40 Entry Age 41 to 50 Entry Age 51 to 60 Policy Surrender Benefit Death Benefit Death Benefit Death Benefit Year Gtd Total Gtd Total Gtd Total Gtd Total [i] [i] [k] [l] [k] [l] [k] [l] 1 --- --- 90,000 90,301 60,000 60,301 30,000 30,301 2 --- --- 90,000 90,907 60,000 60,907 30,000 30,907 3 3,600 3,600 90,000 91,827 60,000 61,827 30,000 31,827 4 7,200 7,200 90,000 93,075 60,000 63,075 30,000 33,075 5 6,000 6,000 84,000 88,347 54,000 58,347 24,000 28,347 6 12,000 12,000 84,000 89,971 54,000 59,971 30,000 35,971 7 19,200 19,200 84,000 91,969 54,000 61,969 36,000 43,969 8 27,600 27,600 84,000 94,368 54,000 64,368 42,000 52,368 9 37,200 37,200 84,000 97,200 54,000 67,200 48,000 61,200 10 36,000 50,100 72,000 87,757 42,000 57,757 42,000 57,757 11 42,000 58,500 72,000 90,769 48,000 66,769 48,000 66,769 12 48,000 67,200 72,000 94,272 54,000 76,272 54,000 76,272 13 54,000 76,200 72,000 98,307 60,000 86,307 60,000 86,307 14 60,000 85,500 72,000 102,919 66,000 96,919 66,000 96,919 15 48,000 82,827 54,000 88,827 54,000 88,827 54,000 88,827 16 54,000 93,312 60,000 99,312 60,000 99,312 60,000 99,312 17 60,000 104,419 66,000 110,419 66,000 110,419 66,000 110,419 18 66,000 116,197 72,000 122,197 72,000 122,197 72,000 122,197 19 72,000 128,700 78,000 134,700 78,000 134,700 78,000 134,700 20 84,000 147,987 84,000 147,987 84,000 147,987 84,000 147,987

Notes: [a] = MBP x 12. [b] = MBPs paid to date or sum of [a] to date. [c] = 20% of [b], paid on the 5th, 10th and 15th policy year. [d] = ([b] - sum of [c] paid to date) x Bachat Addition Rate of 5.00%. [e] = Bachat Additions earned to date or sum of [d] to date. [f] = [e] x Ratio of [e] over 240 x MBP. [g] = [e] + [f]. [h] = [e] after 10 years + [f] after 15 years. [i] = (Surrender Factor x [b] less MBPs paid in first year) - sum of [c] paid to date. 100% x [b] - sum of [c] paid to date in 20th policy year. [j] = [i] + [h]. [k] = [b] or 180 x MBP for entry ages 13 to 40 - sum of [c] paid to date = [b] or 120 x MBP for entry ages 41 to 50 - sum of [c] paid to date = [b] or 60 x MBP for entry ages 51 to 60 - sum of [c] paid to date. [l] = [k] + [g]

Plan Summary

Age at Entry 13 - 60 years Policy Term 20 years Premium Pay Term 20 years Monthly Base Premium Rs. 400 - Rs. 5,000 Sum Assured Up to 180 times Monthly Base Premium Premium Payment Frequency Monthly, Quarterly, Semi-annual and Annual

Entry Age 13 to 40 41 to 50 51 to 60 Sum Assured 180 x MBP 120 x MBP 60 x MBP

Now you can build a corpus through regular systematic savings, and also receive regular payouts to meet your financial requirements at various stages in life. With BSLI Bachat (Moneyback) Plan, safeguard your family's dreams and aspirations by saving as little as Rs. 400 per month.

Surrender Benefit details:

Assuming that premiums are paid annually, and earn 4% rebate, here are the surrender benefits under different premium bands.

Band I II III MBP Range (in Rs.) 400 to 599 600 to 899 900 + Bachat Addition Rate 5.00% 5.25% 5.50% MBP chosen by you 500 750 1,000 MBP x 12 6,000 9,000 12,000 Annual Premium paid by you 5,760 8,640 11,520 Total Survival Benefit After 10 years 18,000 27,000 36,000 After 15 years 36,000 54,000 72,000 After 20 years 36,000 54,000 72,000 Surrender Benefit After 10 years 50,100 76,208 103,020 After 15 years 82,827 127,374 174,077 After 20 years 147,987 228,180 312,685 Surrender Benefit plus Total Survival Benefit / Total Premiums Paid After 10 years 118% 119% 121% After 15 years 138% 140% 142% After 20 years 160% 163% 167% Equivalent Bachat Addition Rate After 10 years 3.91% 4.17% 4.43% After 15 years 6.06% 6.45% 6.85% After 20 years 7.87% 8.35% 8.83%