Riders Plan

Riders are the additional benefits that you may buy and add to your policy at a nominal cost.

Rider Name UIN Nos Base product BSLI Surgical Care Rider 109C015V01 BSLI Dream Endowment Plan BSLI Classic Endowment Plan BSLI Platinum Advantage Plan BSLI Hospital Care Rider 109C016V01 BSLI Dream Endowment Plan BSLI Classic Endowment Plan BSLI Platinum Advantage Plan BSLI Waiver of Premium Rider 109C017V01 BSLI Dream Endowment Plan BSLI Classic Endowment Plan BSLI Platinum Advantage Plan BSLI Accident Death and Disability Rider 109C018V01 BSLI Dream Endowment Plan BSLI Classic Endowment Plan BSLI Platinum Advantage Plan BSLI Critical Illness Rider 109C019V01 BSLI Dream Endowment Plan BSLI Classic Endowment Plan BSLI Platinum Advantage Plan BSLI Accidental Death and Dismemberment Rider 109C002V01 BSLI Term Plan BSLI Premium Back Term Plan High Networth Term Plan BSLI Term Rider 109C003V01 BSLI Term Plan BSLI Premium Back Term Plan BSLI Critical Illness Plus Rider 109C011V01 BSLI Term Plan BSLI Premium Back Term Plan High Networth Term Plan BSLI Critical Illness Women Rider 109C012V01 BSLI Term Plan BSLI Premium Back Term Plan High Networth Term Plan BSLI Accidental Death Rider 109B013V01 BSLI Bima Suraksha Super BSLI Bima Dhan Sanchay BSLI Accidental Death Benefit Rider 109B014V01 BSLI Bachat(Endowment) Plan BSLI Bachat(Child) Plan BSLI Bachat(Money Back) Plan

BSLI Foresight Plan

BSLI Foresight Plan, which through its new generation Foresight fund helps you do just that by optimizing your investment in capital markets when they are low and locking in your gains when they are high.

How BSLI Foresight Plan works

Choose your Basic Premium a. For Single-Pay option, you pay the premium only once. The minimum Basic Premium payable is Rs.2,00,000. b. For 5-Pay option, you pay the premium annually for 5 years. The minimum Basic Premium payable is Rs.1,00,000 annually. Choose your Life Cover You can choose your Basic Sum Assured (BSA) i.e. Life Cover, as per the matrix given below. Single Pay Option Less than 45 yrs of age 45 yrs of age or more Min 1.25 x Basic Premium 1.10 x Basic Premium Max 5 x Basic Premium 5 x Basic Premium 5-Pay Option Less than 45 yrs of age 45 yrs of age or more Min 10 x Basic Premium 7 x Basic Premium Max 300% of BSA 300% of BSA Choose the Investment Option between Guaranteed Option and Self-Managed Option

Your investment options

Guaranteed Option In this option your money is invested in the new generation Foresight Fund. You receive a Guaranteed Minimum Maturity Benefit by optimising both your entry and gains from the capital markets. Self-Managed Option gives you complete access to our range of investment funds with the freedom to switch between them. In this investment option, you decide how to invest your premiums. We offer 10 investment funds ranging from 100% debt to 100% equity to suit your particular needs and risk appetite - Income Advantage, Assure, Protector, Builder, Enhancer, Creator, Magnifier, Maximiser, Multiplier and Super 20.

How does the Guaranteed Option work?

To understand how the Guaranteed Option works, it is important to understand a few key terms:

Net Invested Premium (NIP) NIP Value NIP Guaranteed Value Guaranteed Minimum Maturity Benefit (GMMB) Each of these is explained below. Net Invested Premium (NIP) Net Invested Premium is the money that is invested in the investment option chosen by you. From the premium paid by you, we deduct: • Premium allocation charge; and • Mortality charge for the BSA chosen by you The residual amount is the NIP. NIP Value We track each NIP in your policy separately and each NIP has its own value (NIP value). NIP value for any given day is calculated as: NIP Value = NIP X current unit price unit price when NIP was paid to purchase units in Foresight fund For example, a NIP of Rs.1,00,000 is invested using a unit price of Rs.10 to purchase units in the Foresight fund. Now, • If the current unit price is Rs.12, then NIP Value = 1,00,000 x (12/10) = Rs.1,20,000 Your Fund Value is the sum of all NIP Values as on date. If you are in the fourth policy year and have paid all four premiums on time, then your Fund Value is the sum of all four NIP Values associated with each of your premiums. NIP Guaranteed Value NIP Guaranteed Value is the minimum value that we guarantee on a particular NIP at maturity. NIP Guaranteed Value is: • For 5-Pay option – Higher of Special NIP Guaranteed Value (explained below) OR The highest NIP Value achieved during the first 7 policy years • For Single Pay option – Highest NIP value achieved during the first 7 policy years Guaranteed Minimum Maturity Benefit Guaranteed Minimum Maturity Benefit is the sum of all your NIP Guaranteed Values. At maturity and provided you remain invested in the Guaranteed Option, you will receive the Fund Value or the Guaranteed Minimum Maturity Benefit, whichever is higher.

The Unique Foresight Advantage – Only for the 5-Pay option

Special NIP Guaranteed Value Special NIP Guaranteed Value is applicable only to 5-Pay option. Special NIP Guaranteed Value is determined at the end of the 5th policy year for each NIP invested in this plan. Special NIP Guaranteed Value ensures that you enjoy the benefit of market movements for each NIP. It is the sum of two components, as described under (a) and (b) below. i This component gives you the advantage of investing on the best day possible during the policy year in which the NIP was invested. This is calculated as: NIP X (the NIP Value as of the end of the 5th policy year) (the lowest NIP Value recorded during the policy year in which the NIP was invested) For example, NIP for year 2 premium (a) = Rs.1,00,000 NIP at the end of 5th year (b) = Rs.1,50,000 Lowest NIP value in the year invested (c) = Rs.80,000 Therefore, the value of the first component = 1,00,000 x (1,50,000/80,000) = 1,87,500 ii This component helps you to lock-in the gains made by giving you the highest NIP Value achieved during the first 5 policy years. This is calculated as: (Highest NIP value achieved during the first 5 policy years) – (NIP value at the end of the 5th policy year) For example, NIP for year 2 premium (x) = Rs.1,00,000 NIP Value at the end of 5th year (y) = Rs.1,50,000 Highest NIP Value during the 5 years (z) = Rs.1,62,5000 Therefore , the value of second component = 1,62,500 – 1,50,000 = 12,500 Adding the two components, we get special NIP Guaranteed Value = 187,500 + 12,500 = 200,000. As mentioned earlier, the NIP Guaranteed Value will be the higher of Special NIP Guaranteed Value, as calculated above, and the highest NIP Value achieved during the first 7 policy years.

Benefits of BSLI Foresight Plan

1 Maturity Benefit You will receive no less than the Guaranteed Minimum Maturity Benefit, as described earlier, if you opt for the Guaranteed Option. You will receive the Fund Value at maturity, if you are invested in the Self-Managed Option at that time. 2 Death Benefit In case of the unfortunate death of the life insured prior to maturity, the nominee will receive the Basic Sum Assured plus the Fund Value as of the date of intimation of death. The Death Benefit shall never be less than 105% of total premiums paid to date (excluding any applicable underwriting extras). Any partial withdrawals made will reduce the Death Benefit by the amount of withdrawal. 3 Surrender Benefit In case you require funds to meet any exigency, you can surrender your policy after the completion of five policy years, and receive the Fund Value at that time, plus refund of mortality charges for the remaining term to maturity. 4 Partial Withdrawals You can make unlimited partial withdrawals to meet any financial emergencies 5 Policy Loans You can meet your financial needs by availing of a loan on your policy.

BSLI Vision Plan

BSLI Vision

You have always wanted a plan that enables you to meet your financial goals and also gives you financial security over your entire lifetime. Presenting BSLI Vision - a plan that gives you a lump sum payout on the date of your choice and a life cover up to the age of 100 years. What’s more, you only pay premiums for a limited number of years while you enjoy your life cover up to the age of 100 years.

This plan offers you:

Payout on the date of your choice Whole Life Cover Options to enhance your protection

How BSLI Vision plan works:

You choose the Sum Assured which is the amount of life insurance cover up to the age of 100 years. You choose a Guaranteed Survival Benefit (GSB) Term based on the number of years after which you would like to receive your payout. This term is also the accumulation phase of your plan, i.e. the number years for which you would have to pay premiums. You choose from our range of riders, to enhance the financial security of your family. Based on your above choices, you will receive a host of benefits as below: Guaranteed Survival benefit At the end of the GSB Term, you will receive a fixed payout known as the Guaranteed Survival Benefit. Along with the Guaranteed Survival Benefit, you will receive Monthly Additions and Enhancement to monthly additions. Please read further to know more about Monthly Additions. Guaranteed Death Benefit In the unfortunate event of the death of the life insured during the policy term, the nominee will receive the Sum Assured as the Death Benefit. Guaranteed Maturity Benefit In the event that the life insured survives to the end of the policy term, you will receive the Sum Assured as the Guaranteed Maturity Benefit. Monthly Additions At the beginning of each policy year, your policy will be assigned the latest Monthly Addition Rate declared by us, provided all due premiums have been paid in full. Once this Monthly Addition Rate is assigned to your policy, it will be guaranteed for the next 12 months, and used to calculate your Monthly Additions during the upcoming policy year. We will be declaring new Monthly Addition Rates on April 1st of every calendar year. Please ask you financial advisor for the Monthly Addition Rate currently applicable on your policy. The currently declared Monthly Addition Rates are as follows (annual rate per 1000 of Sum Assured): GSB Term 5 to 10 Years 11 to 15 Years 16 to 20 Years 21+ Years Currently Declared 39.0 39.0 41.4 45.0 Enhancements to Monthly Additions If your GSB term is more than 21 years and if Monthly Additions have been accrued for more than 21 policy years, the accrued Monthly Additions payable as a Death Benefit or a Survival Benefit shall be enhanced by the following percentage: Sum Assured Band Band 1 Band 2 Band 3 Band 4 Sum Assured (Rs.) 100,000 to 199,999 200,000 to 399,999 400,000 to 799,999 800,000 + For Each Policy Year Exceeding 21 2.50% 5.00% 6.25% 6.75% Benefits of Monthly Additions Monthly Additions enhance your Survival Benefit and Death Benefit. At the end of the GSB term, you receive a Survival benefit, which includes the Guaranteed Survival benefit; plus Monthly Additions accrued till date; plus Enhancements to Monthly Additions, if any. In the unfortunate event of the death of the life insured during the GSB term, the nominee will receive the Death Benefit which includes the Guaranteed Death Benefit; plus Monthly Additions accrued till date; plus Enhancements to Monthly Additions, if any. Policy Loans You can also avail of loans on your policy once it has acquired a Surrender Value. The minimum loan amount is Rs.5,000 and the maximum is 90% of your policy’s Surrender Value.

Choose from the following Rider options to enhance your financial security

BSLI Accidental Death and Disability Rider (UIN: 109C018V01)

BSLI Critical Illness Rider (UIN: 109C019V01)

BSLI Surgical Care Rider (UIN: 109C015V01)

BSLI Hospital Care Rider (UIN: 109C016V01)

BSLI Waiver of Premium Rider (UIN: 109C017V01)

For details on the above riders, please contact your financial advisor.

Plan Summary

Entry Age (age last birthday) : 1 to 65 years Policy Term : Whole Life to Age 100 Minimum Sum Assured : Rs. 1,00,000 GSB Term : 5 to 35 years Minimum GSB Term : Attained Age at GSB Term is 18 years or more Maximum GSB Term : Attained Age at GSB Term is 75 years or less Premium Paying Term : Regular Pay during the GSB Term