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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 Endowment with Whole Life Sum Assured Rs. 13,31,115
Sum Assured on Death (at inception of the
Bonus Type Reversionary Bonus 20,00,000
policy) Rs.
Premium Summary
Base Plan CI Rider IB Rider Total Installment Premium
Instalment Premium without GST 2,00,000 0 0 2,00,000
Instalment Premium with First Year GST 2,09,000 0 0 2,09,000
Instalment Premium with GST 2nd Year Onwards 2,04,500 0 0 2,04,500
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(Amounts in Rupees.)
Total Benefits
Non Guaranteed Benefits @ Non-Guaranteed Benefits including Guaranteed and Non-Guaranteed Benefits
Guaranteed Benefits
4% p.a. @ 8% p.a.
Maturity Benefit Death Benefit Surrender Benefit
Single / Total Total
Policy Total Total Total Total
Annualized Death Death
Year Maturity Maturity Surrender Surrender
Premium Benefit Benefit
Survival Surrender Death Maturity Cash Surrender Cash Surrender Benefit, Benefit, Benefit Benefit
GA RB RB incl of incl of
Benefit Benefit# Benefit Benefit Bonus Benefit# Bonus Benefit# incl TB, incl TB, incl of TB, incl of TB,
TB, if TB, if
if any, @ if any, @ if any, @ if any, @
any, @ any, @
4% 8% 4% 8%
4% 8%
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19
3 2,00,000 1,19,800 0 2,16,709 21,19,800 0 39,933 0 2,236 1,19,800 0 31,176 0 0 21,59,734 22,39,601 2,18,945 2,47,885
4 2,00,000 1,59,734 0 4,10,223 21,59,734 0 53,245 0 3,408 1,59,734 0 10,223 0 0 22,12,978 23,19,468 4,13,631 4,20,446
5 2,00,000 1,99,667 0 5,14,775 21,99,667 0 66,556 0 4,925 1,99,667 0 80,087 0 0 22,66,223 23,99,335 5,19,701 5,94,862
6 2,00,000 1,99,667 0 6,16,972 21,99,667 0 79,867 0 47,621 2,39,601 0 1,53,956 0 0 22,79,534 24,39,268 6,64,592 7,70,927
7 2,00,000 1,99,667 0 7,19,567 21,99,667 0 93,178 0 1,17,870 2,79,534 0 2,51,860 0 0 22,92,845 24,79,201 8,37,438 9,71,428
8 2,00,000 1,99,667 0 9,18,562 21,99,667 0 1,06,489 0 1,15,048 3,19,468 0 2,80,426 0 0 23,06,156 25,19,135 10,33,611 11,98,989
9 2,00,000 1,99,667 0 11,23,957 21,99,667 0 1,19,800 0 1,31,850 3,59,401 0 3,32,780 0 0 23,19,468 25,59,068 12,55,807 14,56,736
10 2,00,000 1,99,667 0 13,69,750 21,99,667 0 1,33,111 0 1,37,238 3,99,334 0 3,78,356 0 0 23,32,779 25,99,002 15,06,989 17,48,107
11 0 1,99,667 0 14,94,343 21,99,667 0 1,46,423 0 55,059 4,39,268 0 3,25,590 0 0 23,46,090 26,38,935 15,49,402 18,19,932
12 0 1,99,667 0 16,19,334 21,99,667 0 1,59,734 0 31,468 4,79,201 0 2,74,673 0 0 23,59,401 26,78,869 16,50,802 18,94,008
13 0 1,99,667 0 17,25,324 21,99,667 0 1,73,045 0 39,281 5,19,135 0 2,45,056 0 0 23,72,712 27,18,802 17,64,606 19,70,380
14 0 1,99,667 0 18,52,113 21,99,667 0 1,86,356 0 48,639 5,59,068 0 1,96,776 0 0 23,86,023 27,58,736 19,00,752 20,48,889
15 0 1,99,667 0 0 21,99,667 15,30,782 1,99,667 0 0 5,99,002 0 0 21,56,407 32,34,609 23,99,335 27,98,669 0 0
Notes:
1. 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. Upon payment at Maturity under Whole Life Option, in addition to the benefit mentioned above, a whole life cover equal to 'Sum Assured' shall be available after the policy maturity. Such
whole life benefit shall be payable upon the death of the life assured after the policy maturity or upon the life assured surviving to 100 years of age, which ever is earlier.
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. The Premium and the Sum Assured on Maturity stated above is based on the information provided. They may vary as a result of underwriting.
6. 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 SAKSHI 0 , have explained the premiums charges and benefits under the product fully to I SUMIT CHAWLA,having received the information with respect to the above, have
the prospect / policy holder. understood the above statement before entering into the contract.
Place:
Note: Kindly note that name of the company has changed from "HDFC Standard Life Insurance Company Limited" to "HDFC Life Insurance Company Limited".
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