18-08-2022

Quote No : bacmp9cxpvn

Benefit Illustration for HDFC Life Systematic Pension Plan

This illustration has been produced by HDFC Life Insurance Company Limited to help you understand the benefits of your
HDFC Life Systematic Pension Plan

Proposal No:
Name of the Prospect /Policy HDFC Life Systematic Pension
Mineshkumar Shah Name of the Product:
holder: Plan
A Non-linked, Participating,
Age: 57 Tag Line:
Individual, Savings, Pension Plan
Name of the Life Assured: Mineshkumar Shah Unique Identification No: 101N144V01
Age: 57 GST Rate: 4.5% for first year
Policy Term 10 year(s) 2.25% second year onwards
Premium Payment Term: 5 year(s)
Amount of Instalment Premium: Rs. 1000000
Mode of Payment of Premium: Annual
Age at Vesting 67

How to read and understand this benefit illustration?

This benefit illustration is intended to show year wise premiums payable and benefits under the policy, at two assumed rates of interest i.e., 8% p.a. and 4% p.a.

"Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your insurer carrying on life insurance business. If your policy offers
guaranteed benefits then these will be clearly marked "guaranteed" in the illustration table on this page. If your policy offers variable benefits then the illustrations on this page will
show two different rates of assumed future investment returns, of 8% p.a. and 4% p.a. 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."

Policy Details
Policy Option HDFC Life Systematic Pension Plan Sum Assured on Vesting Rs. 50,00,000

Minimum Death Benefit (at inception of

Bonus Type Reversionary Bonus 1050000
the policy) Rs.

Premium Summary
Base Plan Riders Total Installment Premium

Instalment Premium without GST 10,00,000 0 10,00,000

Instalment Premium with First Year GST 10,45,000 0 10,45,000

Instalment Premium with GST 2nd Year Onwards 10,22,500 0 10,22,500

 (Amounts in Rupees.)
Total Benefits including Guaranteed and Non-Guaranteed
Non Guaranteed Benefits @ 4% Non Guaranteed Benefits @ 8% Benefits
Guaranteed Benefits
p.a. p.a.
Vesting Benefit Death Benefit Surrender Benefit

Total Total Total Total Total

Single / Total
Policy Vesting Vesting Death Death Surrender
Annualized Surrrender
Year Benefit, Benefit, Benefit Benefit Benefit
Premium Benefit
Guaranteed Survival Surrender Death Vesting Reversioanary Cash Surrender Reversioanary Cash Surrender incl incl incl of incl of incl of
incl of
Additions Benefits Benefits Benefit Benefit Bonus Bonus Benefits Bonus Bonus Benefits Terminal Terminal Terminal Terminal Terminal
Terminal
Bonus, Bonus, Bonus, Bonus, Bonus, if
Bonus, if
if any, @ if any, @ if any, @ if any, @ any, @
any, @ 4%
4% 8% 4% 8% 8%

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19

1 1000000 0 0 0 1050000 0 20000 0 0 40000 0 0 0 0 1050000 1050000 0 0

2 1000000 0 0 600000 2100000 0 60400 0 107000 121600 0 114000 0 0 2100000 2141600 707000 714000

3 1000000 0 0 1050000 3150000 0 121608 0 258310 246464 0 346450 0 0 3151608 3276464 1308310 1396450

4 1000000 0 0 2000000 4200000 0 204040 0 603924 416323 0 831835 0 0 4244040 4456323 2603924 2831835

5 1000000 0 0 2500000 5250000 0 308121 0 1876972 632975 0 2352727 0 0 5358121 5682975 4376972 4852727

6 0 0 0 2500000 5250000 0 414283 0 2030217 858294 0 2709887 0 0 5464283 5908294 4530217 5209887

7 0 0 0 2500000 5250000 0 522569 0 2188456 1092626 0 3093162 0 0 5572569 6208976 4688456 5593162

8 0 0 0 3500000 5250000 0 633020 0 1351827 1336331 0 2504120 0 0 5683020 6644431 4851827 6004120

9 0 0 0 4500000 5250000 0 745681 0 569718 1589785 0 1944698 0 0 5795681 7110485 5069718 6444698

10 0 0 0 0 5250000 6853376 860594 0 0 1853376 0 0 6853376 7619776 5910594 7609176 0 0

Annuity Option Selected (this option can be changed

Immediate Life Annuity with ROPP
anytime before vesting)

Fund Value at vesting Annuity Payable p.a.

Minimum Assured Benefit

Policy Accumulated at Accumulated at Based on FV accumulated Based on FV accumulated Based on the Minimum Assured
year 4% p.a. Rs 8% p.a. Rs Minimum return on the at 4% p.a. Rs. at 8% p.a. Rs Benefits, Rs.
Rs.
premiums paid % p.a

10 6853376 7619776 6853375.95 4% p.a. compounded 396253 440596 396253

Notes:
1. The values shown above are for illustration purpose only. The actual annuity amount receivable depends on the prevailing annuity rates at the time of vesting. The guaranteed
values are based on the minimum investment return guaranteed at the outset of the policy, whereas the non-guaranteed values are based on the assumed investment returns of 4%
p.a., and 8% p.a.; there are not the upper or lower limits of what you might get back. For more details on risk factors, terms and conditions please read sales brochure carefully.
Annualized Premium excludes underwriting extra premium, frequency loadings on premiums, the premiums paid towards the riders, if any, and Goods & Service Tax. Refer Sales
Literature for explanation of terms used in this illustration.
2. The vesting benefit is payable at the end of the policy year. Upon payment of vesting benefit, the policy terminates and no further benefits become payable.
3. The death benefits shown above are at the end of the year. Upon payment, of death benefit the policy terminates and no further benefit is payable.
4. The surrender benefits shown above are at the end of the year. Upon payment of surrender benefit, the policy terminates and no further benefit becomes payable.
5. Any statutory levy or charges (such as Goods and Service tax) including any indirect tax may be charged to the Policyholder either now or in future by the company and such
amount so charged shall become due and payable and shall be subject to the same terms and conditions as applicable to payment of premium.

I , have explained the premiums and benefits under the product fully to the prospect / policy I Mineshkumar Shah,having received the information with respect to the above, have
holder. understood the above statement before entering into the contract.

Place:

Date: Signature of Agent /Intermediary / Official Date: Signature of Prospect / Policyholder