NAV For April 2012

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Key Features:

• Complete financial protection at an affordable cost
• Hedge against the rising cost of living with an option of increasing Sum Assured
• Enhanced insurance with appropriate rider options
• Rewards for a healthy lifestyle
• Income Tax benefits as per prevailing norms under the Income Tax Act, 1961

Annual Premiums for BSLI Protector Plus Plan For the BSLI Protector Plus Plan, the sample annual premiums for a male aged 35, with a Sum Assured of Rs. 10,000,000, under Level Sum Assured and Increasing Sum Assured options:

Premiums shown above are prior to service tax and education cess as applicable.

BSLI Protector Plus Plan offers automatic premium reduction to women. Below are sample annual premiums for a female aged 35, with a Sum Assured of Rs. 10,000,000, under Level Sum Assured and Increasing Sum Assured options:

Premiums shown above are prior to service tax and education cess as applicable.

Plan Summary

Please ask your financial advisor or visit our website to determine the premium rate applicable for your policy.

Other Benefits:

Death Benefit: In case of the unfortunate demise of the life insured during the policy term, the Sum Assured as per chosen option will be paid to the nominee. The policy shall be terminated once the Death Benefit is paid.

Maturity Benefit: In the event the life insured survives to the end of the policy term, no benefit is payable on maturity and the policy shall be terminated thereafter.   This plan offer no policy loan, surrender value or paid-up value.

This plan offer the following Rider options, to enhance your financial security For added protection, BSLI Protector Plan can be enhanced by the following riders for a nominal extra cost:

Critical Illness Rider (UIN: 109C019V01): On diagnosis of 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 (UIN: 109C018V01): In the event of death due to an accident, your nominee will receive the chosen Rider Sum Assured upto 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 (UIN: 109C016V01): 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 (UIN: 109C015V01): 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 (UIN: 109C017V01): In case life insured/policyholder is unable to pay the policy premiums due to a disability, critical illness or untimely demise, all future premiums of the base plan and the attached riders will be paid by Birla Sun Life Insurance and all policy benefits will continue..

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Key Features –

• Complete financial protection at an affordable cost
• Hedge against the rising cost of living with an option of increasing Sum Assured
• Enhanced insurance with appropriate rider options
• Income Tax benefits as per prevailing norms under the Income Tax Act, 1961

Annual Premiums for BSLI Protector Plan

BSLI Protector Plan offers affordable and guaranteed protection for everyone. It also offers automatic premium reduction to women. Given below are sample annual premiums for male and female, both aged 35, with a Sum Assured of Rs.20, 00,000, under Level Sum Assured and Increasing Sum Assured options:

Premiums shown above are prior to service tax and education cess as applicable.

Plan Summary –

Please ask your financial advisor or visit our website to determine the premium rate applicable for your policy.

Other Benefits:

Death Benefit: In case of the unfortunate demise of the life insured during the policy term, the Sum Assured as per chosen option will be paid to the nominee. The policy shall be terminated once the Death Benefit is paid.

Maturity Benefit: In the event the life insured survives to the end of the policy term, no benefit is payable on maturity and the policy shall be terminated thereafter.   This plan offer no policy loan, surrender value or paid-up value.

This plan offer the following Rider options, to enhance your financial security For added protection, BSLI Protector Plan can be enhanced by the following riders for a nominal extra cost:

Critical Illness Rider (UIN: 109C019V01): On diagnosis of 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 (UIN: 109C018V01): In the event of death due to an accident, your nominee will receive the chosen Rider Sum Assured upto 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 (UIN: 109C016V01): 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 7 days for the same disease.

Surgical Care Rider (UIN: 109C015V01): 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 (UIN: 109C017V01): In case life insured/policyholder is unable to pay the policy premiums due to a disability, critical illness or untimely demise, all future premiums of the base plan and the attached riders will be paid by Birla Sun Life Insurance and all policy benefits will continue..

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Features:

• The plan provides customers the upside of market returns while shielding their investments from downside risks.
• The product will induce customers to participate in the equity markets, help them protect their investments and lock their gains.
• The plan offers flexibility in terms of choosing the basic premium (single to yearly), investment options, such as self-managed with a choice of 10 funds or guaranteed option, among others.
• The product has a minimum lock-in period of five years and offers tax-saving benefits as per the regulatory guidelines.

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This plan offers you:

• Guaranteed Savings Amount on the date of your choice
• Whole life cover
• Choice of Pay Term
• Enhanced financial security for your loved ones

How BSLI Dream Life Plan works:

1. You select the Guaranteed Savings Date that suits your retirement objectives.
2. You select the Basic Premium you want to pay every year.
3. You select the number of years you want to pay your premiums, and select your Pay Term from options of 5-Pay / 10-Pay / 15-Pay / 20-Pay / To Guaranteed Savings Date.
4. You will receive Basic Sum Assured which is the minimum death benefit payable on the demise of the life insured. The Basic Sum Assured is automatically determined as your Basic Premium multiplied by:
   • The higher of 10 or the number of years to attain age 70 divided by 2, for entry ages below 45; or
   • The higher of 7 or the number of years to attain age 70 divided by 4, for entry ages 45 and above
5. You have the option to choose Enhanced Sum Assured to increase the financial security for your loved ones. This increases your life cover over and above the Basic Sum Assured at a nominal cost.
6. You have the 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:

1. Death Benefit: In case of the unfortunate demise of the life insured while the policy is in effect, the nominee will receive Basic Sum Assured + Fund Value + Enhanced Sum Assured (if any).
2. Enhanced Sum Assured: Based on your needs, you can increase the life cover over and above the Basic Sum Assured by opting for the Enhanced Sum Assured at inception. You can choose any amount of Enhanced Sum Assured, subject to a minimum of Rs. 50,000 and not exceeding Basic Sum Assured.
3. Whole Life Cover: You enjoy a life cover for your entire life, ensuring financial security for your loved ones.
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.
5. Guaranteed Savings Fund: Starting on your Guaranteed Savings Date chosen by you, all the reference to the Fund Value in the Death Benefit and Surrender Benefits above will be replaced by ‘higher of Fund Value or Guaranteed Savings Fund ‘.
6. Guaranteed Additions: Your policy enjoys a boost in the form of additional units.
7. Partial Withdrawals: You can make unlimited partial withdrawals to meet any financial emergencies any time after 5 complete policy years. The minimum amount of partial withdrawal is Rs. 5,000. There is no maximum limit, but you are required to maintain a minimum Fund Value of Rs. 25,000.
8. Policy Loans: You can also avail loans on your policy.

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

Critical Illness Rider: On diagnosis of 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 the life inured / 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.

Features –

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This plan offers you:

• Flexibility of directing your savings in 10 Investment Funds, as per risk appetite
• Choice of Pay Term
• Whole life cover
• Enhanced financial security for your loved ones

How BSLI Classic Life Plan works:

1. You select the Savings Date that suits your retirement goals.
2. You select the Basic Premium you want to pay every year.
3. You will receive Basic Sum Assured which is the minimum death benefit payable on the demise of the life insured. The Basic Sum Assured is automatically determined as your Basic Premium multiplied by:
   • The higher of 10 or the number of years to attain age 70 divided by 2, for entry ages below 45; or
   • The higher of 7 or the number of years to attain age 70 divided by 4, for entry ages 45 and above

1. You select the number of years you want to pay your premiums, and select your Pay Term from option of 5-Pay / 10-Pay / 15-Pay / 20-Pay / To Savings Date.
2. You have the option to choose Enhanced Sum Assured to increase the financial security for your loved ones. This increases your life cover over and above the Basic Sum Assured at a nominal cost.
3. You have the option to choose from our range of riders and customise the security of your family’s financial future.

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

1. Death Benefit: In case of the unfortunate demise of the life insured while the policy is in effect, 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 demise is reduced by partial withdrawals made in the preceding two years

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

In addition, the nominee will also receive the Enhanced Sum Assured, if any.

1. Enhanced Sum Assured: Based on your needs you can increase the life cover over and above the Basic Sum Assured by opting for the Enhanced Sum Assured at inception. You can choose any amount of Enhanced Sum Assured, subject to a minimum of Rs. 50,000 and not exceeding Basic Sum Assured.
2. Whole Life Cover: You enjoy a life cover for your entire life, ensuring the long term financial security for your loved ones.
3. 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.
4. 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. The minimum top-up premium is Rs. 5,000 and your Basic Sum Assured will automatically increase.
5. Guaranteed Additions: Your policy enjoys a boost in the form of additional units.
6. Partial Withdrawals: You can make unlimited partial withdrawals to meet any financial emergencies any time after 5 policy years. The minimum amount of partial withdrawal is Rs. 5,000. There is no maximum limit, but you are required to maintain a minimum Fund Value of Rs. 25,000 plus any top-up premiums paid in the previous five years.
7. Policy Loans: You can also avail loans on your policy.

Self-Managed Option – The flexibility to direct your savings in our range of 10 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 10 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 of 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 the life inured / 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.

Plan Summary

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Guaranteed Vesting Benefit

On the vesting date of your choice, you receive an amount which is guaranteed right at the beginning, you have to just ensure that you have paid your premiums regularly. This amount depends on your age at entry and the number of years for which your money is accumulated before it is paid back to you.

Growth in Savings

In addition to the Vesting benefit that you will receive on vesting, this plan also enables you to earn a survival benefit. This is an amount of money that you may earn at the end of every policy year from the 3rd year onwards.

You will receive this amount either on vesting or surrender, or in the unfortunate event of your death during the term of the policy.

Freedom to Choose Your Annuity

On the vesting date of your policy, you will receive the guaranteed vesting benefit as well as the survival benefit. You can use this lump sum amount to purchase an annuity (a product which gives you a regular income during your retirement) from BSLI or any other insurance company.

You also have the option to encash upto 1/3rd of the lump sum that you receive on vesting and use the remaining 2/3rd to purchase a regular stream of income for your retirement. The money that you encash will be tax free in your hands, as per the current income tax laws.

Freedom to Access Your Money When You Need It

Retirement may be a long way off and Birla Sun Life Insurance understands that you may face an emergency during which you may require your money.

To accommodate this need, the plan allows you to use the money that is accumulated in your survival benefit balance to:

More Benefits

Protection to your family: In the unfortunate event of the death of the policyholder, the nominee will receive the higher of:

75% of the base premium and all renewal base premiums paid.
Or
The surrender value (or the Guaranteed Vesting benefit) at that time plus all accumulated survival benefits.

Plan Summary

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BSLI Immediate Income Plan is a traditional, non-participating, single premium annuity plan with return of purchase price.

How does the Plan Work?

Step 1: Decide the amount of premium (lump sum amount) you want to pay to purchase the annuity depending on the amount of regular income you wish to receive. This annuity payment is guaranteed for life and depends on the annuity rates prevailing at the time of the purchase of the annuity

Step 2: Choose your annuity payout options from monthly, quarterly, semi annual or annual modes.

Step 3: Choose how would like to receive your annuity from either post dated cheques or through direct credit to your bank account.

This plan is meant for you, if

1. Your age is at least 50 years and a maximum of 90  years
2. You are able to purchase the annuity such that you can get a regular income of Rs.1, 000, Rs.3, 000, Rs.6, 000 or Rs.12, 000 for monthly, quarterly, semi-annual and annual mode of annuity payment respectively. There is no maximum limit on the purchase price

Key Features of the BSLI Immediate Income Plan

1. BSLI Immediate Income plan gives you a guaranteed income over your entire life
2. In case of unfortunate death of annuitant, 100% of the annuity purchase price (i.e. single premium) will be paid to the nominee
3. This plan offers convenient annuity payout options – monthly, quarterly, semi-annually and annually from date of purchase
4. You do not have to go through any medical tests to purchase this plan
5. You will be eligible for tax benefits under Section 80CCC of the Income Tax Act, 1961

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The BSLI Universal Health Plan is a health insurance plan, which enables you to provide your entire family with the best medical care without putting a strain on your long-term savings.

It comes with a guaranteed health insurance cover of 3 years for your entire family.

The BSLI Universal Health Plan covers your family’s hospital related expenses and also out-of-pocket health expenses such as over-the counter medicines, gym, yoga, dental and similar expenses.

Guaranteed coverage till age 80 years

The BSLI Universal Health Plan gives you a guaranteed health cover till the age of 80 years. While you may have to undergo some medical tests when the policy is issued to you for the first time, subsequent renewal every three years are guaranteed without any medical tests. This plan can be renewed till you and your spouse is 78 years old and your children are 23 years old. Now you need not worry about paying your family’s hospitalization bills.

Health Cover in addition to Mediclaim

BSLI Universal Health Plan covers you in addition to any other health plan that you may have including mediclaim policies.

This means that you only have to submit the photocopies of your hospital bills to claim the benefits under the BSLI Universal Health Plan. With this plan you can now get a double cover benefit.

Comprehensive wellness cover

You will be reimbursed one annual premium every three years, which you may claim as per your requirements. In case you don’t claim this amount, it is carried forward and saved as the Universal Health Benefit (UHB). You can choose to accumulate these benefits and claim them at any time in the future. We also guarantee an additional bonus of 20% on this unclaimed amount every three years. You can use this amount to pay for wellness related expenses like yoga class fees, dental care, spectacles, ayurvedic and homeopathy treatments and similar other expenses

Tax benefit under section 80D

Annual premiums up to Rs.15, 000 (Rs. 20,000 for senior citizens)
are eligible for tax benefit.

And in case you are buying this plan to cover your parents your premiums are eligible for an additional tax benefit of Rs.15, 000 (Rs. 20,000 for senior citizens).

Key benefits of the plan

Features -

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BLSI Health Plan is a 3 years Plan which guarantees you a health cover now and in the future also.

Guaranteed coverage till age 80 years

The BSLI Health Plan gives you a guaranteed health cover till the age of 80 years. While you may have to undergo some medical tests when the policy is issued to you for the first time, subsequent renewal every three years are guaranteed without any medical tests. This plan can be renewed till you and your spouse is 78 years old and your children are 23 years old. Now you need not worry about paying your family’s hospitalization bills.

Health Cover in addition to Mediclaim

BSLI Health Plan covers you in addition to any other health plan that you may have including mediclaim policies.

This means that you only have to submit the photocopies of your hospital bills to claim the benefits under the BSLI Universal Health Plan. With this plan you can now get a double cover benefit.

Tax benefit under section 80D

Annual Premiums up to Rs. 15,000 (Rs. 20,000 for senior citizens) are eligible for tax benefit.

And in case you are buying this plan to cover your parents your premiums are eligible for an additional tax benefit of Rs. 15,000 (Rs. 20,000 for senior citizens).

Key benefits of the plan -

Hospitalization Benefit

In case of hospitalization of any of the family member, this plan provides you with a per day hospitalization expense and ICU allowance.

Surgical Benefits

The insurance plan provides a comprehensive surgical cover for a number of surgeries. These are fixed benefits and not linked to your actual expenses.

Plan Summary -

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