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Benefit Illustration of Reliance Life Insurance Guaranteed Money Back Plan

Name of the life insured : Haribabu t Proposal No :


Age (Years) : 29 Policy No :
Prepared on : 30/12/2013      
Name of the Insurance
:      
Advisor
Sex : MALE      
Unique Identification No. :  121N084V01      
 
Basic Cover
Policy Term(years) 15 Mode of Premium Payment Quarterly   Annualised Premium on basic Plan 15766  
( Exclusive of service tax (`))
Amount of Installment Premium(Exclusive of 3942   Installment premium (Inclusive of Service 4003   Installment premium (Inclusive of   4064
service tax(`)) tax)(`) for Year 2 onwards: Service tax)(`) for Year 1:(To be
collected with New Business
Proposals)
Sum Assured For Basic Plan (`) 100000   Maturity Age (Years) 44   Premium Paying Term (Years)  7

Rider Options
Rider Name Age when Term of Riders Premium Term of Riders Rider Sum Assured Rider Installment Premium inclusive of
opting for Service Tax(`)
Riders
 
BENEFIT ILLUSTRATION FOR - RELIANCE LIFE INSURANCE GURANTEED MONY BACK PLAN
Note : Some benefits are guaranteed and some benefits are variable with returns based on the future performance of Reliance Life Insurance. If your policy offers guaranteed returns then these will be clearly
marked "guaranteed" in the illustration table on this page. If your policy offers variable returns then the illustration on this page will show two different rates of assumed investment returns.These assumed rates of
return are not guaranteed and they are not the upper or lower limits of what you might get back as the value of your policy is dependent on a number of factors, including future investment performance.
Statement of various charges alongwith growth of the fund expected over the duration of the policy with assured rate of interest as mentioned.

Benefit illustration table(all figures are in rupees)


Policy Year Age Annualised Service Tax on Premium Basic Sum Assured Guaranteed Guaranteed Death Benefit Money Maturity
(Years) premium Premium (inclusive of Loyalty Maturity Benefit Paid on back Benefit
(excluding Service tax) Addition Addition Death due benefit at
service tax accrued at to accident the end of
and rider, if the end of year
any) the year
1 29 15766 487 16253 100000 2000 0 100000 200000 0 0
2 30 15766 244 16010 100000 4000 0 100000 200000 0 0
3 31 15766 244 16010 100000 6000 0 100000 200000 0 0
4 32 15766 244 16010 100000 8000 0 100000 200000 0 0
5 33 15766 244 16010 100000 10000 0 100000 200000 0 0
6 34 15766 244 16010 100000 12000 0 100000 200000 0 0
7 35 15766 244 16010 100000 14000 0 100000 200000 0 0
8 36 0 0 0 100000 16000 0 100000 200000 0 0
9 37 0 0 0 100000 18000 0 100000 200000 0 0
10 38 0 0 0 100000 20000 0 100000 200000 0 0
11 39 0 0 0 100000 22000 0 100000 200000 15000 0
12 40 0 0 0 100000 24000 0 100000 200000 15000 0
13 41 0 0 0 100000 26000 0 100000 200000 15000 0
14 42 0 0 0 100000 28000 0 100000 200000 15000 0
15 43 0 0 0 100000 30000 15000 100000 200000 40000 45000
 
Notes:-
1. This quote is only valid till : 30/Jan/2014
2. The premium amount shown above is calculated assuming that the life Proposed/Assured is a normal healthy person.
3. In the event the Life Proposed/Assured is suffering from any sickness/ medical problems or in the event of any past medical history, the premium will be adjusted accordingly, as per the underwriting
guidelines of Reliance Life Insurance Company Limited.
4. This premium shown above is indicative. Depending upon the factors such as health, occupation of the customer and other intrinsic factors such as non submission of documentary evidences like age
proof, the premium will be adjusted accordingly, as per the underwriting guidelines of Reliance Life Insurance Company Limited.
5. For details of the rates and the terms and conditions applicable to the particular person/policy, kindly refer to the specifications in the policy document after issuance.
6. The current rate of service tax along with education cess is 3.09% and 1.545% initial and renewal premiums respectively on base policy premium and a service tax along with education cess of 12.36% is
levied on rider premiums.The service tax rate will be revised as and when notified by the Government.
7. For more details on risk factor, terms and conditions, please read Sales brochure of the particular plan carefully before concluding a sale.
8. The policy acquires Surrender Value after three years full premiums are paid . There is a guaranteed minimum surrender value equal to 30% of all the premiums paid (excluding extra premiums, rider
premiums and first year premium). Subject to the guaranteed minimum surrender value, the company may however pay a special surrender value calculated according to the basis and method in use from
time to time.The policy acquires a paid up value after three years full premiums are paid . Please refer to sales brochure for more details.