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Quotation No

80000788045

Exide Life Guaranteed Income Insurance Plan - Benefit Illustration


A Non-Linked Non-Participating Individual Life Insurance Savings Plan
Date of Illustration : 11 / 10 / 2021
Dear Mahaveer
Thank you for showing interest in Exide Life Insurance. Based upon the inputs shared by you, we are happy to provide a detailed benefit illustration for the plan chosen by you.

Personal Details Proposal No.


Name of Prospect / Policyholder Mr Mahaveer Name of the Product: Exide Life Guaranteed Income Insurance Plan
Age (years) 55 Tag Line: A Non-Linked Non-Participating Individual Life
Name of Life Assured Mr Mahaveer Insurance Savings Plan
Age (years) 55 Unique Identification Number: 114N067V02
Policy Term (years) 16 GST Rate 4.5% (First Year); 2.25% (Second Year onwards)
Premium Payment Term (years) 8
Amount of Instalment Premium (Rs.) 18,000
Mode of Payment of Premium Semi-Annual
This benefit illustration is intended to show year-wise premiums payable and benefits under the policy.
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.

Policy Details
Policy Option Annual Income Payout Mode Sum Assured (Rs.) 1,89,989

Guaranteed Death Benefit Payout Option Sum Assured on Death (at inception of the policy) 3,60,000
Rs.

Premium Summary
Base Plan Riders Total Installment Premium
Instalment Premium without GST 18,000 0 18,000
Instalment Premium with First Year GST 18,810 0 18,810
Instalment Premium with GST 2nd Year onwards 18,405 0 18,405
Quotation No

Guaranteed Benefits Non Guaranteed


Policy Annualized
Year Premium Survival Benefit / Loyalty Other Benefits if any / Sum Survival / Maturity Death Min Guaranteed Surrender Special Surrender
Additions Assured Benefit Benefit Value Value
1 36,000 0 0 0 3,60,000 0 0
2 36,000 0 0 0 3,60,000 21,600 40,468
3 36,000 0 0 0 3,60,000 37,800 64,596
4 36,000 0 0 0 3,60,000 72,000 91,955
5 36,000 0 0 0 3,60,000 90,000 1,22,733
6 36,000 0 0 0 3,60,000 1,08,000 1,57,311
7 36,000 0 0 0 3,60,000 1,26,000 1,96,068
8 36,000 0 0 0 3,60,000 1,58,400 2,39,576
9 0 20,899 0 20,899 3,60,000 1,51,901 2,35,396
10 0 20,899 0 20,899 3,60,000 1,45,402 2,30,836
11 0 20,899 0 20,899 3,60,000 1,38,904 2,25,897
12 0 20,899 0 20,899 3,60,000 1,32,405 2,20,197
13 0 20,899 0 20,899 3,60,000 1,25,906 2,13,927
14 0 20,899 0 20,899 3,60,000 1,19,407 2,06,898
15 0 20,899 0 20,899 3,60,000 1,12,909 1,98,918
16 0 20,899 1,89,989 2,10,888 3,60,000 0 0

Notes: Annualized Premium excludes underwriting extra premium, frequency loadings on premiums, the premium paid towards riders, if any, and Goods and Service Tax.

I, ___________________________ (name), have explained the premiums, and benefits under the I, ___________________________ (name), having received the informa on with respect to the
policy fully to the prospect / policyholder. above, have understood the above statement before entering into the contract.

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

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