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

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%

BSLI Bachat (Child) Plan

BSLI Bachat (Child) Plan - a plan that secures your child's future even in the event of an untimely demise of the life insured.

BSLI Bachat (Child) Plan - A step-by-step savings plan

Bachat (Child) Plan secures your child's future by helping you build funds through regular savings. In the event of an untimely demise of the life insured, BSLI will pay all remaining premiums so that your policy continues. Also, your savings will continue to grow through the term of the policy.

Grow your regular savings Policy continuance Safety and liquidity Tax savings

How BSLI Bachat (Child) Plan secures your child's future vis-à-vis other investment avenues:

It is very important to choose an investment option suited to your requirements. At BSLI, we understand that it could be difficult for you to pick out an investment avenue that's optimum for you. Here's presenting a simple comparison and evaluation for your convenience.

Safety Small Savings Liquidity Life Cover Bank Fixed Deposits Yes Yes Yes No Public Provident Fund Yes Yes No No Post Office Time Deposits Yes Yes No No National Savings Certificates Yes Yes No No BSLI Bachat (Child) Plan Yes Yes Yes Yes

BSLI Bachat (Child) Plan is a regular savings plan that helps you secure your child's future under all circumstances

How BSLI Bachat (Child) Plan works:

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

Band I II III For policies with MBP (in Rs.) 400 to 599 600 to 899 900 + Bachat Addition Rate 5.00% 5.25% 5.50%

In addition, you pay a Policy Continuation Premium to ensure continuation of the policy till maturity in case of death of the life insured during the policy term.

Policy Continuation Premium (fixed additional premium)

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

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. Your policy continues till maturity, as you planned to secure your child’s future in case of an untimely demise. On maturity, you will receive a lump sum which you can use to fulfill your child’s 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 (Child) Plan?

Maturity Benefit - On maturity after 20 years, you will receive

All Monthly Base Premiums paid; plus All Bachat Additions earned; plus The Loyalty Addition; less

Death Benefit - In the unfortunate event of death of the life insured, the nominee shall receive

Sum Assured will be paid to the nominee immediately; Future premiums will be waived and the policy continues until maturity. On maturity, your child will be entitled to maturity benefits. This ensures that even in your absence your child's future is assured; All Bachat Additions and Loyalty Addition will continue as if all MBPs are paid when due.

Surrender Benefit -Once 36 MBPs have been paid, you may surrender your policy and receive

All Monthly Base Premiums paid from the 2nd year onwards x the surrender factor below; plus After the 10th policy year, all Bachat Additions earned; plus After the 15th policy year, the Loyalty Addition earned

The surrender factor is 100% after completing 10 policy years, otherwise it is

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 Bachat Addition Loyalty Total Addition Surrender Benefit Year Annual Paid Earned Payable Addition payable on Surrender Gtd Total [a] [b] [c] [d] [e] [f] [g] [h] 1 6,000 6,000 300 --- --- --- --- --- 2 6,000 12,000 600 --- --- --- --- --- 3 6,000 18,000 900 --- --- --- 3,600 3,600 4 6,000 24,000 1,200 --- --- --- 7,200 7,200 5 6,000 30,000 1,500 --- --- --- 12,000 12,000 6 6,000 36,000 1,800 --- --- --- 18,000 18,000 7 6,000 42,000 2,100 --- --- --- 25,200 25,200 8 6,000 48,000 2,400 --- --- --- 33,600 33,600 9 6,000 54,000 2,700 --- --- --- 43,200 43,200 10 6,000 60,000 3,000 16,500 -- 16,500 54,000 70,500 11 6,000 66,000 3,300 19,800 --- 19,800 60,000 79,800 12 6,000 72,000 3,600 23,400 --- 23,400 66,000 89,400 13 6,000 78,000 3,900 27,300 --- 27,300 72,000 99,300 14 6,000 84,000 4,200 31,500 --- 31,500 78,000 109,500 15 6,000 90,000 4,500 36,000 10,800 46,800 84,000 130,800 16 6,000 96,000 4,800 40,800 13,872 54,672 90,000 144,672 17 6,000 102,000 5,100 45,900 17,557 63,457 96,000 159,457 18 6,000 108,000 5,400 51,300 21,931 73,231 102,000 175,231 19 6,000 114,000 5,700 57,000 27,075 84,075 108,000 192,075 20 6,000 120,000 6,000 63,000 33,075 96,075 120,000 216,075

Notes :

[a] = MBP x 12. [b] = MBP's paid to date or sum of [a] to date. [c] = [b] x Bachat Addition Rate of 5.00%. [d] = After 10 years, sum of [c] to date. [e] = After 15 years, [d] x ratio of [d] over 240 x MBP. [f] = [d] + [e]. [g] = Surrender Factor x [b] less MBP's paid in first year. 100% x [b] in 20th policy year. [h] = [g] + [f]

Plan Summary

Entry Age - Grand / Parent - Child 18 - 50 years - 17 years Policy Term 20 years Premium Pay Term 20 years Monthly Base Premium Rs. 400 - Rs. 3,000 Sum Assured Up to 180 times Monthly Base Premium Premium Payment Frequency Annual, Semi-annual, Quarterly and Monthly

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

With BSLI Bachat (Child) Plan, by saving as little as Rs. 400 per month. you can build a corpus through regular systematic savings and secure your child's future under all circumstances

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 Surrender Benefit After 10 years 70,500 106,988 144,300 After 15 years 130,800 200,561 273,336 After 20 years 216,075 333,923 458,642 Entry Age (years) 18-40 41-50 18-40 41-50 18-40 41-50 Annual Premium paid by you 5,990 6,336 8986 9,504 11,981 12,672 Surrender Benefit / Total Premiums Paid After 10 years 118% 111% 119% 113% 120% 114% After 15 years 146% 138% 149% 141% 152% 144% After 20 years 180% 171% 186% 176% 191% 181% Equivalent Bachat Addition Rate After 10 years 3.22% 2.05% 3.47% 2.29% 3.72% 2.52% After 15 years 5.70% 4.70% 6.10% 5.09% 6.51% 5.48% After 20 years 7.65% 6.72% 8.17% 7.21% 8.71% 7.71%