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Benefit Illustration

(This shall form a part of the policy document)

Output
Life Assured Details Other Details
Staff Policy
Share Of Loan For Primary Borrower (In
Primary Borrower Name Rthod Akshay (Primary No Coverage Type Reducing Cover 100%
%)
Borrower)
Staff Policy
Option During Moratorium Share of Loan For Secondary Borrower (In
Primary Borrower Age 25 (Secondary No No Moratorium 100%
Period %)
Borrower)
Primary Borrower Share Of Loan Amount For Primary
M Loan Amount 540000 Premium Funding Yes 5,56,000
Gender Borrower
Moratorium
Share Of Loan Amount For Secondary
Secondary Borrower Age 21 Period 0 Loan Interest Rate 7.5% 5,56,000
Borrower
(in months)
Secondary Borrower Home
F CI Benefit Term 0 Single Or Joint Lives Joint Life Loan Type
Gender Loan
Life Cover with AATPD & 15 Both lives covered for entire loan
Benefit Type Total Loan Period Joint Life Option
ADB Years amount

Output
Primary Borrower Secondary Borrower Total
Installment Premium Installment Premium Installment Premium
Sum Sum GST and cess,if Total Installment Premium (Including GST and cess,if
(Exclusive of GST and cess,if (Exclusive of GST and cess,if without GST and cess,if
Assured Assured any any)
any) any) any
Life
5,56,000 3,946 5,56,000 3,756 7,701 1,386 9,087
Cover
ACI 0 0 0 0 0 0 0
ADB 5,56,000 1,595 5,56,000 1,595 3,190 574 3,765
AATPD 5,56,000 982 5,56,000 982 1,965 354 2,319
Total 6,523 6,333 12,856 2,314 15,171

Notes:

1
1. Accelerated Critical Illness Benefit (ACI) and Accelerated Accidental Total & Permanent Disability (AATPD) are accelerated benefits.
2. Accelerated Critical Illness Benefit (ACI) , Accelerated Accidental Total & Permanent Disability (AATPD) and Accidental Death Benefit (ADB) cannot be greater than life cover benefit.
3. Star Union Dai-ichi Life Insurance Company Limited is the name of the company and 'SUD Life New Sampoorna Loan Suraksha' is only the name of the Plan and does in no way indicate
the quality of the policy.
4. Goods & Services Tax and applicable cess,if any will be charged on premiums as per prevailing tax laws.This is subject to any change in the tax rate.
5. For more details on risk factor, terms and conditions, please read the Sales brochure of the plan carefully before concluding a sale.

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