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8/10/2019 Investment Analysis of Birla Sun Life
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BIRLA SUNLIFE AND OTHER COMPANY
INTRODUCTION
Life insurance
Life insurance or life assurance is a contract et!een t"e #olic$ o!ner an%
t"e insurer& !"ere t"e insurer a'rees to #a$ a %esi'nate% ene(ciar$ a su) of
)one$ u#on t"e occurrence of t"e insure% in%i*i%ual+s or in%i*i%uals+ %eat"or ot"er
e*ent& suc" as ter)inal illness or critical illness, In return& t"e #olic$ o!ner a'rees
to #a$ a sti#ulate% a)ount at re'ular inter*als or in lu)# su)s, T"ere )a$ e
%esi'ns in so)e countries !"ere ills an% %eat" e-#enses #lus caterin' for after
funeral e-#enses s"oul% e inclu%e% in Polic$ Pre)iu), In t"e Unite% States& t"e
#re%o)inant for) si)#l$ s#eci(es a lu)# su) to e #ai% on t"e insure%+s %e)ise,
Life insurance .Life Assurance in Britis" En'lis"/ is a t$#e of insurance, As in all
insurance& t"e insure% transfers a ris0 to t"e insurer, T"e insure% #a$s a #re)iu)
an% recei*es a #olic$ in e-c"an'e, T"e ris0 assu)e% $ t"e insurer is t"e ris0 of
%eat" of t"e insure%,
How life insurance works
T"ere are t"ree #arties in a life insurance transaction1 t"e insurer& t"e insure%& an%
t"e o!ner of t"e #olic$ .#olic$"ol%er/& alt"ou'" t"e o!ner an% t"e insure% are often
t"e sa)e #erson, For e-a)#le& if 2o"n S)it" u$s a #olic$ on "is o!n life& "e is ot"t"e o!ner an% t"e insure%, But if Mar$ S)it"& "is !ife& u$s a #olic$ on 2o"n+s life&
s"e is t"e o!ner an% "e is t"e insure%, T"e o!ner of t"e #olic$ is calle% t"e 'rantee
."e or s"e !ill e t"e #erson !"o !ill #a$ for t"e #olic$/, Anot"er i)#ortant #erson
in*ol*e% is t"e ene(ciar$, T"e ene(ciar$ is t"e #erson or #ersons !"o !ill recei*e
t"e #olic$ #rocee%s u#on t"e %eat" of t"e insure%, T"e ene(ciar$ is not a #art$ to
t"e #olic$& ut is %esi'nate% $ t"e o!ner& !"o )a$ c"an'e t"e ene(ciar$ unless
t"e #olic$ "as an irre*ocale ene(ciar$ %esi'nation, 3it" an irre*ocale
ene(ciar$& t"at ene(ciar$ )ust a'ree to c"an'es in ene(ciar$& #olic$
assi'n)ent& or orro!in' of cas" *alue,
T"e #olic$& li0e all insurance #olicies& is a le'al contract s#ecif$in' t"e ter)s an%con%itions of t"e ris0 assu)e%, S#ecial #ro*isions a##l$& inclu%in' a suici%e clause
!"erein t"e #olic$ eco)es null if t"e insure% co))its suici%e !it"in a s#eci(e%
ti)e for t"e #olic$ %ate .usuall$ t!o $ears/, An$ )isre#resentation $ t"e o!ner or
insure% on t"e a##lication is also 'roun%s for nulli(cation, Most contracts "a*e a
contestailit$ #erio%& also usuall$ a t!o4$ear #erio%1 if t"e insure% %ies !it"in t"is
#erio%& t"e insurer "as a le'al ri'"t to contest t"e clai) an% re5uest a%%itional
infor)ation efore %eci%in' to #a$ or %en$ t"e clai),
http://en.wikipedia.org/wiki/Insurancehttp://en.wikipedia.org/wiki/Deathhttp://en.wikipedia.org/wiki/British_Englishhttp://en.wikipedia.org/wiki/Insurancehttp://en.wikipedia.org/wiki/Beneficiaryhttp://en.wikipedia.org/wiki/Deathhttp://en.wikipedia.org/wiki/British_Englishhttp://en.wikipedia.org/wiki/Insurancehttp://en.wikipedia.org/wiki/Beneficiaryhttp://en.wikipedia.org/wiki/Insurance8/10/2019 Investment Analysis of Birla Sun Life
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T"e face a)ount of t"e #olic$ is nor)all$ t"e a)ount #ai% !"en t"e #olic$ )atures&
alt"ou'" #olicies can #ro*i%e for 'reater or lesser a)ounts, T"e #olic$ )atures
!"en t"e insure% %ies or reac"es a s#eci(e% a'e, T"e )ost co))on reason to u$
a life insurance #olic$ is to #rotect t"e (nancial interests of t"e o!ner of t"e #olic$
in t"e e*ent of t"e insure%+s %e)ise, T"e insurance #rocee%s !oul% #a$ for funeral
an% ot"er %eat" costs or e in*este% to #ro*i%e inco)e re#lacin' t"e %ecease%+s!a'es, Ot"er reasons inclu%e estate #lannin' an% retire)ent, T"e o!ner .if not t"e
insure%/ )ust "a*e an insurale interest in t"e insure%& i,e, a le'iti)ate reason for
insurin' anot"er #erson6s life, T"e insurer .t"e life insurance co)#an$/ calculates
t"e #olic$ #rices !it" an intent to reco*er clai)s to e #ai% an% a%)inistrati*e
costs& an% to )a0e a #ro(t, T"e cost of insurance is %eter)ine% usin' )ortalit$
tales calculate% $ actuaries, Actuariesare #rofessionals !"o use actuarial science
!"ic" is ase% in )at"e)atics .#ri)aril$ #roailit$ an% statistics/, Mortalit$ tales
are statisticall$ ase% tales s"o!in' a*era'e life e-#ectancies, T"e t"ree )ain
*ariales in a )ortalit$ tale are a'e& 'en%er& an% use of toacco, T"e )ortalit$
tales #ro*i%e a aseline for t"e cost of insurance, In #ractice& t"ese )ortalit$
tales are use% in con7unction !it" t"e "ealt" an% fa)il$ "istor$ of t"e in%i*i%ual
a##l$in' for a #olic$ in or%er to %eter)ine #re)iu)s an% insurailit$, T"e current
)ortalit$ tale ein' use% $ life insurance co)#anies in t"e Unite% Statesan%
t"eir re'ulators !as calculate% %urin' t"e 89:;s, T"ere is currentl$ a )easure ein'
#us"e% to u#%ate t"e )ortalit$ tales $
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a clearin'"ouseof )e%ical infor)ation on all #ersons !"o "a*e e*er a##lie% for life
insurance, As #art of t"e a##lication& t"e insurer recei*es #er)ission to otain
infor)ation fro) t"e #ro#ose% insure%+s #"$sicians, Life insurance co)#anies are
ne*er re5uire% $ la! to un%er!rite or to #ro*i%e co*era'e on an$one, T"e$ alone
%eter)ine insurailit$& an% so)e #eo#le& for t"eir o!n "ealt" or lifest$le reasons&
are uninsurale, T"e #olic$ can e %ecline% .turne% %o!n/ or rate%, Ratin' )eansincreasin' t"e #re)iu)s to #ro*i%e for a%%itional ris0s relati*e to t"at #articular
insure%,
Man$ co)#anies use four 'eneral "ealt" cate'ories for t"ose e*aluate% for a life
insurance #olic$, T"ese cate'ories are Preferre% Best& Preferre%& Stan%ar%&
an%Toacco, Preferre% Best )eans t"at t"e #ro#ose% insure% "as no a%*erse
)e%ical "istor$& is not un%er )e%ication for an$ con%ition& an% "is fa)il$
.i))e%iate an% e-ten%e%/ "a*e no "istor$ of earl$ cancer& %iaetes& or ot"er
con%itions, Preferre% is li0e Preferre% Best& ut it allo!s t"at t"e #ro#ose% insure% is
currentl$ un%er )e%ication for t"e con%ition an% )a$ "a*e so)e fa)il$ "istor$,
Most #eo#le are in t"e Stan%ar% cate'or$, Profession& tra*el& an% lifest$le also factorinto not onl$ !"ic" cate'or$ t"e #ro#ose% insure% falls& ut also !"et"er t"e
#ro#ose% insure% !ill e %enie% a #olic$, For e-a)#le& a #erson !"o !oul%
ot"er!ise e in t"e Preferre% Best cate'or$ !ill e %enie% a #olic$ if "e or s"e
tra*els to a "i'" ris0 countr$,
U#on t"e %eat" of t"e insure%& t"e insurer !ill re5uire acce#tale #roof of %eat"
efore #a$in' t"e clai), T"e nor)al )ini)u) #roof is a %eat" certi(cate an% t"e
insurer+s clai) for) co)#lete%& si'ne%& an% often notarie%, If t"e insure%+s %eat"
!as sus#icious an% t"e #olic$ a)ount !arrants it& t"e insurer )a$ in*esti'ate t"e
circu)stances surroun%in' t"e %eat"& efore %eci%in' !"et"er t"ere is a le'al
oli'ation to #a$ t"e clai), Procee%s fro) t"e #olic$ )a$ e #ai% in a lu)# su) or
as an annuit$#ai% o*er ti)e in re'ular recurrin' #a$)ents for eit"er for t"e life of a
s#eci(e% #erson or a s#eci(e% ti)e #erio%,
What is Insurance?
Insurance is a contract for re%ucin' losses fro) acci%ent incurre% $ an in%i*i%ual
#art$ t"rou'" a %istriution of t"e ris0 of suc" losses a)on' a nu)er of #arties, It
is a s$ste) un%er !"ic" t"e insurer& for a consi%eration usuall$ a'ree% u#on in
a%*ance& #ro)ises to rei)urse t"e insure% or to ren%er ser*ices to t"e insure% in
t"e e*ent t"at certain acci%ental occurrences result in losses %urin' a 'i*en #erio%,
It t"us is a )et"o% of co#in' !it" ris0, Its primary function is to sustitute
certainty for uncertainty as re!ar"s the economic cost of #oss$pro"ucin!
e%entsis concerne"&T"us& In return for a s#eci(e% consi%eration& t"e insurer
un%erta0es to #a$ t"e insure% or "is ene(ciar$ so)e s#eci(e% a)ount in t"e e*ent
t"at t"e insure% suers loss t"rou'" t"e occurrence of a contin'ent e*ent co*ere%
$ t"e insurance contract or #olic$, B$ #oolin' ot" t"e Financial contriutions an%
t"e insurale ris0s of a lar'e nu)er of #olic$"ol%ers& t"e insurer is t$#icall$ ale
http://en.wikipedia.org/wiki/Clearinghousehttp://en.wikipedia.org/wiki/Tobaccohttp://en.wikipedia.org/wiki/Notaryhttp://en.wikipedia.org/wiki/Annuityhttp://en.wikipedia.org/wiki/Clearinghousehttp://en.wikipedia.org/wiki/Tobaccohttp://en.wikipedia.org/wiki/Notaryhttp://en.wikipedia.org/wiki/Annuity8/10/2019 Investment Analysis of Birla Sun Life
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to asor losses incurre% o*er an$ 'i*en #erio% )uc" )ore easil$ t"an !oul% t"e
uninsure% in%i*i%ual, Insurance relies "ea*il$ on t"e '#aw of #ar!e numers&' In
lar'e "o)o'eneous #o#ulations it is #ossile to esti)ate t"e nor)al fre5uenc$ of
co))on e*ents suc" as %eat"s an% acci%ents, Losses can e #re%icte% !it"
reasonale accurac$& an% t"is accurac$ increases as t"e sie of t"e 'rou# e-#an%s,
Fro) a t"eoretical stan%#oint& it is #ossile to eli)inate all #ure ris0 if an in(nitel$lar'e 'rou# is selecte%, T"e ris0s )ust e suc" t"at #oolin' is ot" feasile an"
a"%anta!eous to the two parties&
Fro) t"e stan%#oint of t"e insurer& an insurale ris0 )ust )eet t"e follo!in'
re5uire)ents
8, T"e o7ects to e insure% )ust e nu)erous enou'" an%
"o)o'eneous enou'" to allo! a reasonal$ close calculation of t"e #roale
Fre5uenc$ an% se*erit$ of looses
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Political ris0s suc" as !ar or currenc$ %ease)ent are usuall$ not
insurale $ #ri*ate #arties ut )a$ e insurale $ 'o*ern)ental institutions,
er$ often contracts can e %ra!n in suc" a !a$ t"at an uninsurale ris0 can e
turne% into an insurale one t"rou'" restrictions on losses& re%e(nitions of #erils&
or ot"er )et"o%s,
IN)UR*NC+ IN INDI*
T"e insurance sector in In%ia "as co)e a full circle fro) ein' an o#en co)#etiti*e
Mar0et to nationaliation an% ac0 to a lieralie% )ar0et a'ain, Tracin' t"e
De*elo#)ents in t"e In%ian insurance sector re*eals t"e >; %e'ree turn !itnesse%
o*er a Perio% of al)ost t!o centuries,
* rief history of the Insurance sector
T"e usiness of life insurance in In%ia in its e-istin' for) starte% in In%ia in t"e $ear
8:8: !it" t"e estalis")ent of t"e Oriental Life Insurance Co)#an$ in Calcutta,
So)e of t"e i)#ortant )ilestones in t"e life insurance usiness in In%ia are
898 & !it" a ca#ital contriution of Rs, = core fro) t"e @o*ern)ent of In%ia,
T"e @eneral insurance usiness in In%ia& on t"e ot"er "an%& can trace its roots to
t"e Triton Insurance Co)#an$ Lt%,& t"e (rst 'eneral insurance co)#an$ estalis"e%
in t"e $ear 8:=; in Calcutta $ t"e Britis", So)e of t"e i)#ortant )ilestones in t"e
'eneral insurance usiness in In%ia are
89; T"e In%ian Mercantile Insurance Lt%, set u#& t"e (rst co)#an$ to transact all
classes of 'eneral insurance usiness,
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89= @eneral Insurance Council& a !in' of t"e Insurance Association of In%ia&
fra)es a co%e of con%uct for ensurin' fair con%uct an% soun% usiness #ractices,
89>: T"e Insurance Act a)en%e% to re'ulate in*est)ents an% set )ini)u)
sol*enc$ )ar'ins an% t"e Tari A%*isor$ Co))ittee set u#,
89
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Postal Life Insurance s"oul% e allo!e% to o#erate in t"e rural )ar0et
Onl$ one State Le*el Life Insurance Co)#an$ s"oul% e allo!e% to o#erate in
Eac" state
Re!ulatory ,o"y
T"e Insurance Act s"oul% e c"an'e%
An Insurance Re'ulator$ o%$ s"oul% e set
u#,
Controller of Insurance .Currentl$ a #art fro) t"e Finance Ministr$/ s"oul% e
Ma%e in%e#en%ent
In%estments
Man%ator$ In*est)ents of LIC Life Fun% in 'o*ern)ent securities to e
re%uce% Fro) = to =;
@IC an% its susi%iaries are not to "ol% )ore t"an = in an$ co)#an$ .T"ere
Current "ol%in's to e rou'"t %o!n to t"is le*el o*er a #erio% of ti)e/
Customer )er%ice
LIC s"oul% #a$ interest on %ela$s in #a$)ents e$on% ; %a$s
Insurance co)#anies )ust e encoura'e% to set u# unit lin0e% #ension
#lans
Co)#uteriation of o#erations an% u#%atin' of tec"nolo'$ to e carrie% out in
t"e insurance in%ustr$ T"e co))ittee e)#"asie% t"at in or%er to i)#ro*e t"e
custo)er ser*ices an% increase t"e co*era'e of t"e insurance in%ustr$ s"oul% e
o#ene% u# to co)#etition, But at t"e sa)e ti)e& t"e co))ittee felt t"e nee% to
e-ercise caution as an$ failure on t"e #art of ne! #la$ers coul% ruin t"e #ulic
con(%ence in t"e in%ustr$,
Hence& it !as %eci%e% to allo! co)#etition in a li)ite% !a$ $ sti#ulatin' t"e
)ini)u) ca#ital re5uire)ent of Rs,8;; cores, T"e co))ittee felt t"e nee% to
#ro*i%e 'reater autono)$ to insurance co)#anies in or%er to i)#ro*e t"eir
#erfor)ance an% enale t"e) to act as in%e#en%ent co)#anies !it" econo)ic)oti*es, For t"is #ur#ose& it "a% #ro#ose% settin' u# an in%e#en%ent re'ulator$
o%$,
The Insurance Re!ulatory an" De%elopment *uthority
Refor)s in t"e Insurance sector !ere initiate% !it" t"e #assa'e of t"e IRDA Bill in
Parlia)ent in Dece)er 8999, T"e IRDA since its incor#oration as a statutor$ o%$
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in A#ril
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The Insurance Re!ulatory an" De%elopment *uthority *ct- #...
To #er)it t"e #ri*ate co)#anies to enter t"e insurance )ar0et& t"e @o*ern)entenacte% t"e Insurance Re'ulator$ an% De*elo#)ent Aut"orit$ Act 8999& !"ic" !as
#asse% $ t"e #arlia)ent in Dece)er 8999, It recei*e% Presi%ential assent in
2anuar$
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To %eter)ine an% anal$e% t"e Mar0et Potential of t"e Birla Sun Life
Insurance Co)#an$ in Mora%aa% Cit$,
To stu%$ t"e o*erall scenario currentl$ #re*ailin' in t"e )ar0et& na)el$& t"e #er
ca#ital inco)e& #urc"asin' #o!er& occu#ation& literac$ rate& etc,
To stu%$ an% %eter)ine t"e co)#etitor #osition in t"e )ar0et,
To 'i*e ene(t to t"e #eo#le as !ell as to earn #ro(t,
To %o a #erfor)ance e*aluation of Birla Sun Life Insurance #ro%ucts in co)#arison
on !it" ot"er insurance co)#anies
LIT+R*TUR+ R+4I+W
Insurance is a )ust ecause of t"e uncertain future a%*ersities of life, Acci%ents&
illnesses& %isailit$ etc are facts of life t"at can e e-tre)el$ %e*astatin', Ot"er
t"an t"e "os#italiation& )e%ication ills t"ese )a$ run u# it6s t"e after)at" of t"e
inci%ent& t"e #"$sical !ell ein' of t"e in%i*i%ual t"at "as to e ta0en into
consi%eration, 3ill t"e in%i*i%ual e in a #osition to earn as efore A #ertinent
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5uestion& But !"at if "e is not Disailit$ can e ta0en care of $ insurance, Your
fa)il$ !ill not "a*e to 'o t"rou'" t"e 'rin% %ue to $our #resent inailit$,
You t"in0 t!ice efore ta0in' t"e #lun'e into u$in' insurance, Is u$in'
insurance a necessit$ no! S#en%in' an +e-tra+ a)ount as #re)iu) at re'ular
inter*als !"ere $ou %o not see i))e%iate ene(ts %oes not see) a necessit$ at t"e)o)ent, Ma$ e later !ell $ou coul% e !ron', Bu$in' Insurance cannot e
co)#are% !it" an$ ot"er for) of in*est)ent, Insurance 'i*es $ou a life lon' ene(t
an% t"e returns !ill %e(nitel$ co)e ut onl$ !"en $ou nee% it t"e )ost i,e, at t"e
ri'"t ti)e, Besi%es u$in' insurance earl$ in life is one of t"e !ise %ecisions $ou
coul% ta0e, Because t"e #re)iu) $ou !oul% e #a$in' !oul% e co)#arati*el$
lo!er,
IN)UR*NC+ HI)TOR3
IN)UR*NC+ IN INDI*
T"e insurance sector in In%ia "as co)e a full circle fro) ein' an o#en co)#etiti*e
)ar0et to nationaliation an% ac0 to a lieralie% )ar0et a'ain, Tracin' t"e
%e*elo#)ents in t"e In%ian insurance sector re*eals t"e >; %e'ree turn !itnesse%
o*er a #erio% of al)ost t!o centuries,
A rief "istor$ of t"e Insurance sector
T"e usiness of life insurance in In%ia in its e-istin' for) starte% in In%ia in t"e $ear
8:8: !it" t"e estalis")ent of t"e Oriental Life Insurance Co)#an$ in Calcutta,
So)e of t"e i)#ortant )ilestones in t"e life insurance usiness in In%ia are
898 & !it" a ca#ital contriution of Rs, = core fro) t"e @o*ern)ent of In%ia, T"e
@eneral insurance usiness in In%ia& on t"e ot"er "an%& can trace its roots to t"e
Triton Insurance Co)#an$ Lt%,& t"e (rst 'eneral insurance co)#an$ estalis"e% in
t"e $ear 8:=; in Calcutta $ t"e Britis",
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)ome of the important milestones in the !eneral insurance usiness in
In"ia are(
89; T"e In%ian Mercantile Insurance Lt%, set u#& t"e (rst co)#an$ to transact all
classes of 'eneral insurance usiness,
89= @eneral Insurance Council& a !in' of t"e Insurance Association of In%ia&
fra)es a co%e of con%uct for ensurin' fair con%uct an% soun% usiness #ractices,
89>: T"e Insurance Act a)en%e% to re'ulate in*est)ents an% set )ini)u)
sol*enc$ )ar'ins an% t"e Tari A%*isor$ Co))ittee set u#,
89
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No Co)#an$ s"oul% %eal in ot" Life an% @eneral Insurance t"rou'" a sin'le entit$
Forei'n co)#anies )a$ e allo!e% to enter t"e in%ustr$ in collaoration !it" t"e
%o)estic co)#anies
Postal Life Insurance s"oul% e allo!e% to o#erate in t"e rural )ar0et
Onl$ one State Le*el Life Insurance Co)#an$ s"oul% e allo!e% to o#erate in eac"
state
iii/ Re'ulator$ Bo%$
T"e Insurance Act s"oul% e c"an'e%
An Insurance Re'ulator$ o%$ s"oul% e set u#
Controller of Insurance .Currentl$ a #art fro) t"e Finance Ministr$/ s"oul% e )a%e
in%e#en%ent
i*/ In*est)ents
Man%ator$ In*est)ents of LIC Life Fun% in 'o*ern)ent securities to e re%uce%
fro) = to =;
@IC an% its susi%iaries are not to "ol% )ore t"an = in an$ co)#an$ .T"ere
current "ol%in's to e rou'"t %o!n to t"is le*el o*er a #erio% of ti)e/
*/ Custo)er Ser*ice
LIC s"oul% #a$ interest on %ela$s in #a$)ents e$on% ; %a$s
Insurance co)#anies )ust e encoura'e% to set u# unit lin0e% #ension #lans
Co)#uteriation of o#erations an% u#%atin' of tec"nolo'$ to e carrie% out in t"e
insurance in%ustr$, T"e co))ittee e)#"asie% t"at in or%er to i)#ro*e t"e
custo)er ser*ices an% increase t"e co*era'e of t"e insurance in%ustr$ s"oul% e
o#ene% u# to co)#etition, But at t"e sa)e ti)e& t"e co))ittee felt t"e nee% to
e-ercise caution as an$ failure on t"e #art of ne! #la$ers coul% ruin t"e #ulic
con(%ence in t"e in%ustr$, Hence& it !as %eci%e% to allo! co)#etition in a li)ite%
!a$ $ sti#ulatin' t"e )ini)u) ca#ital re5uire)ent of Rs,8;; cores, T"e
co))ittee felt t"e nee% to #ro*i%e 'reater autono)$ to insurance co)#anies in
or%er to i)#ro*e t"eir #erfor)ance an% enale t"e) to act as in%e#en%ent
co)#anies !it" econo)ic )oti*es, For t"is #ur#ose& it "a% #ro#ose% settin' u# an
in%e#en%ent re'ulator$ o%$,
The Insurance Re!ulatory an" De%elopment *uthority
Refor)s in t"e Insurance sector !ere initiate% !it" t"e #assa'e of t"e IRDA Bill in
Parlia)ent in Dece)er 8999, T"e IRDA since its incor#oration as a statutor$ o%$
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in A#ril
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Qota0 Ma"in%ra Ol% Mutual Life Insurance Li)ite%
Birla Sun Life Insurance Co)#an$ Lt%,
Tata AI@ Life Insurance Co)#an$ Lt%,
SBI Life Insurance Co)#an$ Li)ite%
IN@ $s$a Life Insurance Co)#an$ Pri*ate Li)ite%
Ba7a7 Allian Life Insurance Co)#an$ Li)ite%
Metlife In%ia Insurance Co)#an$ P*t, Lt%,
5eneral Insurers $(
Ro$al Sun%ara) Alliance Insurance Co)#an$ Li)ite%,
IFFCO To0io @eneral Insurance Co)#an$, Lt%,
TATA AI@ @eneral Insurance Co)#an$ Lt%,
Ba7a7 Allian @eneral Insurance Co)#an$ Li)ite%,
ICICI Lo)ar% @eneral Insurance Co)#an$ Li)ite%,
Reliance 5eneral Insurance Company Limite"&
Nee% For Life Insurance 4
T"e nee% for life insurance co)es fro) t"e nee% to safe'uar% our fa)il$, If$ou care for $our fa)il$6s nee%s $ou !ill %e(nitel$ consi%er insurance,
To%a$ insurance "as eco)e e*en )ore i)#ortant %ue to t"e %isinte'ration
of t"e #re*alent 7oint fa)il$ s$ste)& a s$ste) in !"ic" a nu)er of 'enerations co4
e-iste% in "ar)on$& a s$ste) in !"ic" a sense of (nancial securit$ !as al!a$s
t"ere as t"ere !ere )ore earnin' )e)ers,
Ti)es "a*e c"an'e% an% t"e nuclear fa)il$ "as e)er'e%, A#art fro) ot"er
#itfalls of a nuclear fa)il$& a "i'" sense of insecurit$ is oser*e% in it to%a$ esi%es&
t"e fa)il$ "as s"run0, Nee%s are increasin' !it" ti)e an% ful(ll)ent of t"ese nee%s
is a i' 5uestion )ar0,
Insurance #ro*i%es a sense of securit$ to t"e inco)e earner as also to t"e
fa)il$, Bu$in' insurance frees t"e in%i*i%ual fro) unnecessar$ (nancial ur%en t"at
can ot"er!ise )a0e "i) s#en% slee#less ni'"ts, T"e in%i*i%ual "as a sense of
consolation t"at "e "as so)et"in' to fall ac0 on,
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3"$ life insurance
You t"in0 t!ice efore ta0in' t"e #lun'e into u$in' insurance, Is u$in' insurance
a necessit$ no! S#en%in' an +e-tra+ a)ount as #re)iu) at re'ular inter*als !"ere
$ou %o not see i))e%iate ene(ts %oes not see) a necessit$ at t"e )o)ent,
3ell $ou coul% e !ron', Bu$in' Insurance cannot e co)#are% !it" an$
ot"er for) of in*est)ent, Insurance 'i*es $ou a life lon' ene(t an% t"e returns !ill
%e(nitel$ co)e ut onl$ !"en $ou nee% it t"e )ost i,e, at t"e ri'"t ti)e, Besi%es
u$in' insurance earl$ in life is one of t"e !ise %ecisions $ou coul% ta0e, Because
t"e #re)iu) $ou !oul% e #a$in' !oul% e co)#arati*el$ lo!er,
Most i)#ortant of all it #ro*i%es $ou !it" t"at uni5ue sense of securit$ t"at
no ot"er for) of in*est)ent #ro*i%es, It 'i*es $ou a sense of (nancial su##ort
es#eciall$ %urin' t"at ti)e of crisis irres#ecti*e of t"e uctuations in t"e stoc0
)ar0et, Insurance #ro*i%es for $our career 'oals ri'"t fro) $our c"il%"oo% $ears,
If t"e earnin' )e)er of t"e fa)il$ is no )ore $our c"il%+s e%ucational
nee%s !ill not suer, In fact "is "i'"er e%ucation too !ill e #ro*i%e% for, You nee%
not s#en% slee#less ni'"ts t"in0in' aout "o! to sa*e for $our c"il%+s )arria'e, Life
Insurance !ill ta0e care of t"at t$#ical once4in4a4life4ti)e s#en%in' on )arria'es,
An acci%ent or a %isailit$ )a$ e %e*astatin' ut an insurance #olic$ can
e of ut)ost su##ort for t"e fa)il$ %urin' suc" ti)es too, Besi%es it #ro*i%es for
a%%itional ene(ts suc" as onuses, You nee% not !orr$ aout $our retire)ent
$ears, T"e risin' #rices& ta-es& an% $our lifest$le !ill e ta0en care of easil$, An%
$ou can rela- an% s#en% $our ol% a'e in co)fort an% #eace,
3"en is t"e ri'"t ti)e to u$ life insurance
Bu$in' Life Insurance cannot e*er e co)#are% !it" ot"er in*est)ent %ecisions
since it is *er$ )uc" in contrast !it" t"ose stoc0 )ar0et in*est)ents !"ere $ou
!ait for t"e ri'"t ti)e to u$ an% sell, Neit"er is t"is li0e recei*in' ti#s on #articular
scri# %oin' !ell in t"e )ar0et an% "ol%in' 'reat future #ros#ects,
T"is is ecause t"e future is al!a$s uncertain, 2ust as u$in' insurance is a
necessit$ so also u$in' insurance earl$ in life is i)#ortant too, 3it" #ro#er
(nancial #lannin' one can !or0 out as to "o! )uc" )one$ an in%i*i%ual is entitle%
to after t"e en% of a #articular ter), A #olic$ t"at !ill ful(ll $our c"il%+s future
e%ucational nee%s !oul% "a*e to e ti)e% a##ro#riatel$ so t"at "e recei*es t"e
#olic$ a)ount at t"at ti)e !"en "e nee%s it t"e )ost,
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B$ ta0in' a #olic$ earl$ in life $ou not onl$ ene(t in for0in' out a lo!er
#re)iu) a)ount ut also )a0e a !ise %ecision as far as insurin' ris0s to $ourself
an% $our fa)il$ is concerne%
What is ene6te" for customer whether to in%est in mutual fun"s or
ha%in! insurance policies?
I "a% also )et t"e custo)ers !"o are in*este% in Mutual Fun%s an% also
!"o are in*este% in Insurance sector to )a0e t"e co)#arison,
The procee"s accruin! from Life Insurance policy can e utili7e" for $(
a, Final E-#enses resultin' fro) %eat"
, @uarantee% )aintenance of lifest$le
c, Re#lace)ent of inco)e
%, Mort'a'e or li5ui%ation #a$)ent
e, Costs of e%ucation
f, Estate an% ot"er ta-es
', Continuit$ securit$ of interests
", Final e-#enses resultin' fro) %eat"
After an in%i*i%ual+s unti)el$ %eat"& "is sur*i*ors an% "eirs are entruste% !it" t"e
res#onsiilit$ of con%uctin' "is last rites accor%in' to custo)s an% tra%itions as
#ro#a'ate% $ reli'ion, Al)ost all reli'ious sects follo! certain rules t"at nee% to
i%%en re'ar%less of t"e social circu)stances,
@uarantee% )aintenance of lifest$le 4
As lon' as t"ere is a stea%$ an% assure% su##l$ of inco)e& an in%i*i%ual+s
fa)il$ an% %e#en%ants are ale to 0ee# a self4#rofesse% stan%ar% of li*in', T"e
fa)il$+s eatin' an% %rin0in' "aits& entertain)ent an% lifest$le e-#enses are
)aintaine% at a certain le*el %urin' t"eir earnin' )e)er+s lifes#an,
In case of t"e une-#ecte% %eat" of t"e earnin' )e)er& "is or "er fa)il$
!ill e "ar%4#resse% in tr$in' to arran'e for fun%s t"at !oul% assist t"e) in)aintainin' t"e stan%ar% of li*in' t"at t"e$+*e 'ro!n accusto)e% to, After all& no
one reall$ li0es to )a0e sacri(ces& %es#ite t"eir )iniscule (scal *alue,
Costs of E%ucation 4
Most fa)ilies start #lannin' for t"eir c"il%+s future e%ucation costs as soon
as "e clears "is 0in%er'arten #a#ers, After all& e*er$ #arent !ants "is or "er c"il% to
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'ro! an% eco)e a #rofessionall$ 5uali(e% en'ineer or #"$sician or li0e!ise, An%
t"is is a fairl$ )ean tas0 since $ear after $ear since ca#itation fees c"ar'e% $ e*en
run4of4t"e4)ill colle'es co)e u# to la0es of ru#ees,
In case eit"er of t"e c"il%+s 'uar%ians or #arents "a##ens to e-#ire efore
t"e en% of "is e%ucation& t"ere are c"ances t"at "e !ill not e ale to co)#lete "ise%ucation, Not"in' ai%s an in%i*i%ual in "is life as )uc" as !"at "e or s"e 0no!s, In
an$ case& e*er$ #arent !ants to #lan for "is c"il%ren+s future an% securit$,
An% to ac"ie*e success in t"is #lan& it is *ital t"at t"e 'uar%ian or #arents uses
insurance as a tool to #lan for "is c"il%ren+s future& re'ar%less of "is or "er
#resence, In case of t"e %e)ise of a #arent& t"e #rocee%s fro) "is or "er insurance
can e c"annele% into t"eir %e#en%ant c"il%ren+s e%ucation fun%,
Estate an% ot"er Ta-es 4
Nor)all$ after a fa)il$ )e)er+s %eat"& "is fa)il$ or %e#en%ants are
usuall$ oo%e% !it" notices fro) cre%itors or ta-ation oKcers, At a ti)e li0e t"is
!"en t"e fa)il$ is stru''lin' to reco*er fro) suc" a se*ere s"oc0& it )i'"t see)
in"u)an for t"e) to e su7ecte% to suc" "u)iliation,
Ho!e*er in to%a$+s )aterialistic !orl%& c"i*alr$ is no lon'er in %e)an%, In
case of an e)er'enc$& !o)en an% c"il%ren rarel$ co)e (rst ut
Cre%itors al!a$s %o, Not onl$ is it #ru%ent for an$ in%i*i%ual to clear "is %ets #rior
to "is %e)ise ut it !oul% also s#are "is or "er fa)il$ t"e s"a)e of "a*in' to clear
%ets t"at t"e$ %i% not incur& at least %irectl$,
Since no one 0no!s !"en "is or "er ti)e )a$ co)e& t"ere is al!a$s ac"ance t"at t"e %e#en%ants !ill "a*e to #a$ t"e e-istin' %ues re'ar%less of t"eir
econo)ic status, T"an0s to insurance& all e-istin' %ets an% ta-es can e cleare%
fro) t"e #rocee%s in no ti)e at all, An% t"e %e#en%ent fa)il$ !ill e s#are% fro)
t"e i'no)in$ of "a*in' to #a$ !"at t"e$ %i% not o!e& in t"e (rst #lace
Continuit$ Securit$ of Interests 4
At ti)es after an in%i*i%ual+s %eat"& "is fa)il$ )i'"t "a*e to sacri(ce t"eir
interests in usiness or in*est)ents to arran'e for t"eir e-#enses an% )aintain a
%ecent stan%ar% of li*in', In e-tre)e cases& t"e %e#en%ent s#ouse )i'"t also "a*e
to suer an% sacri(ce e*er$t"in' t"e fa)il$ o!ns in a %es#erate i% to )aintain t"efa)il$ na)e an% crest ao*e e*er$t"in' else,
After all& In%ia is still a countr$ !"ere "onor is re'ar%e% "i'"er t"an life
itself, Surel$& )a0in' #ru%ent in*est)ents in insurance fro) ti)e to ti)e can ai% in
a*ertin' suc" a %is'raceful situation for an$ self4res#ectin' in%i*i%ual+s fa)il$, Onl$
t"en !ill t"e fa)il$ e ale to )aintain its stan%ar% of li*in' #rior to t"e %e)ise of
t"e "ea% of t"e fa)il$,
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O*iousl$& t"e #rocee%s fro) insurance !ill "el# secure t"e fa)il$+s status
an% #osition in societ$ as !ell as )aintain t"eir socio4econo)ic le*el in life, T"us
insurance ser*es t"e #erfect "e%'in' tool for securin' t"e interests of t"e fa)il$
an% )aintainin' t"e continuit$ of t"eir interests,
CO20*N3 0RO/IL+
,IRL* )UN LI/+ 8 *DIT3* ,IRL* 5ROU0 9INDI*: ; )UN LI/+ /IN*NCI*L
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T"e A%it$a Birla 'rou# is US? ; illion con'lo)erate !"ic" 'ets >; of its
re*enues fro) outsi%e In%ia, T"e 'rou# is a )a7or #la$er in all t"e in%ustr$ sectors it
o#erates in, T"e A%it$a Birla @rou# "as een a%7u%'e% t"e est e)#lo$er in In%ia
an% a)on' t"e to#
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Birla Sun Life Asset Mana'e)ent Co)#an$ Lt%,& t"e in*est)ent )ana'ers of
Birla Mutual fun%& is a 7oint *enture et!een t"e A%it$a Birla @rou# an% t"e Sun Life
Financial Ser*ices Inc, of In%ia, T"e 7oint *enture rin's to'et"er t"e A%it$a Birla
@rou#6s e-#erience in t"e In%ian )ar0et an% Sun Life6s 'loal e-#erience,
Since its ince#tion in 899G& Birla Mutual fun% "as e)er'e% as one of In%ia6s Lea%in'Mutual Fun%s )ana'in' assets of a lar'e in*estor6s ase, T"e fun% oers a ran'e of
in*est)ent o#tions& !"ic" inclu%e %i*ersi(e% an% sector s#eci(c e5uit$ sc"e)es&
fun% of fun% sc"e)es& "$ri% an% )ont"l$ inco)e fun%s& a !i%e ran'e of %et an%
treasur$ #ro%ucts an% os"ore fun%s,
=& ,IRL* )UN LI/+ IN)UR*NC+
Birla Sun Life Insurance Co, Lt%, is a 7oint *enture et!een A%it$a Birla @rou#& an
In%ian )ultinational cor#oration& an% Sun Life Financial Inc& a lea%in' 'loal
insurance co)#an$, Birla Sun Life Insurance is %istin'uis"e% as t"e (rst co)#an$ in
t"e sector of (nancial solutions to e'in Business Continuit$ Plan, T"is insurance
co)#an$ "as #ioneere% t"e uni5ue Unit Lin0e% Life Insurance Solutions in In%ia,
3it"in G $ears of its launc"& BSLI eca)e one of t"e lea%in' #la$ers in t"e in%ustr$
of Pri*ate Life Insurance Sc"e)e,
Birla Sun Life Insurance elie*es in #assion& inte'rit$& s#ee%& co))it)ent an%
sea)lessness, T"e )ission of t"e co)#an$ is to "el# #eo#le !it" ris0 )ana'e)ent,
It also "el#s in )ana'in' t"e (nancial situation of (r)s as !ell as in%i*i%uals, Here
is 'i*en a co)#re"ensi*e list of #olicies an% #ro%ucts oere% $ Birla Sun Life
Insurance Co, Lt%,
Birla Sun Life Insurance #ioneere% t"e uni5ue Unit Linke"Insurance
)olutionsin In%ia,
3it"in G $ears of its launc"& BSLI "as ce)ente% its #osition as a lea%in' #la$er in
t"e #ri*ate life insurance in%ustr$,
T"ere "as een focus on In*est)ent Lin0e% Insurance Pro%ucts to )aintain
lea%ers"i# in #ro%uct inno*ation,
Multi %istriution C"annels4 Direct Sales force& Alternati*e C"annels an% @rou#
oerin' con*enient c"annels of #urc"ase to custo)ers
3e enale% IT s$ste) for su#erior custo)er ser*ices,
First to "a*e issue% #olicies o*er t"e internet,
Cor#orate 'o*ernance an% a "i'" %e'ree of trans#arenc$ in all usiness
#ractices an% #roce%ures,
4ision$
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To e a !orl% class #ro*i%er of (nancial securit$ to in%i*i%uals an% cor#orate an% to
e a)on'st t"e to# t"ree #ri*ate sectors life insurance co)#anies in In%ia,
2ission$
To e t"e (rst #reference of our custo)ers $ #ro*i%in' inno*ati*e& nee% ase% life
insurance an% retire)ent solutions to in%i*i%uals as !ell as cor#orate, T"ese
solutions !ill e )a%e a*ailale !ell traine% #rofessionals t"rou'" a )ulti c"annel
%istriution net!or0 an% su#erior tec"nolo'$,
It !ill #ro*i%e constant *alue a%%ition to custo)ers t"rou'"out t"eir relations"i#
!it" us& !it"in t"e re'ulator$ fra)e!or0,
4alues$
Inte'rit$
Co))it)ent
Passion
Sea)lessness
S#ee%
0RODUCT 0RO/IL+
In"i%i"ual Life
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Protection
Birla Sun Life Ter) Plan
Pre)iu) Bac0 Ter) Plan
)a%in!
Birla Sun Life Insurance @ol%4Plus
Su#re)e Life
Drea) Plan
Classic Life Pre)ier
Si)#l$ Life
Pri)e Life Pre)ier
Pri)e Life
Life Co)#anion
Fle-i Cas" Flo!
Fle-i Sa*e Plus
Fle-i Life Line
Sin'le Pre)iu) Bon%
Retirement
http://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Protection/insplans_indiv_protection.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Protection/bsl_termplan.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Protection/bsl_premiumterm.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/insplans_indiv_savings.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_goldplus.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_supremelife.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_dreamplan.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_classiclifepremier.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_simplylife.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_primelifepremier.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_primelife.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_lifecompanion.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_cashflow.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_endowment.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_lifeline.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_singlepremium.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Retirement/insplans_indiv_retirement.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Protection/insplans_indiv_protection.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Protection/bsl_termplan.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Protection/bsl_premiumterm.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/insplans_indiv_savings.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_goldplus.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_supremelife.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_dreamplan.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_classiclifepremier.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_simplylife.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_primelifepremier.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_primelife.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_lifecompanion.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_cashflow.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_endowment.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_lifeline.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Savings/bsl_singlepremium.aspxhttp://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/BSLI_InsPlans/Individual/Retirement/insplans_indiv_retirement.aspx8/10/2019 Investment Analysis of Birla Sun Life
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Fle-i Secure Life Retire)ent Plan II
Retirement
Our Retire)ent Plans allo! $ou to )eet $our e-#enses an% uil% a nest
e''& !"ic" 'i*es $ou t"e free%o) to li*e life to t"e fullest e*en after
retire)ent,
Chil"ren
C"il%ren+s Drea) Plan
Ri"ers
Acci%ental Deat" an% Dis)e)er)ent Ri%er
Ter) Ri%er
Critical Illness Ri%er
3ai*er of Pre)iu)
Critical Illness Plus Ri%er
Critical Illness 4 3o)an Ri%er
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T"e #ost retire)ent $ears can e t"e est $ears of $our life, Ti)e to %o
t"in's $ou coul%n+t "a*e %one !"ile $ou !ere !or0in', A ri'"t (nancial
#lannin' )a0es $our #ost retire)ent $ears trul$ 'ol%en , Our Sun Life secure
Life II assures $ou 7ust t"at,
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0RODUCT)
Insurance 0lans
Life is un#re%ictale, But in face of a%*ersit$& our res#onsiilities to!ar%s
our #arents& c"il%ren an% lo*e% ones nee% not e co)#ro)ise%, Insurance #lannin'
e5ui#s $ou to s)oot" out t"e uncertainties an% a%*ersities t"at life )i'"t sen% $our
!a$& so t"at t"e est t"at life "as to oer& secure in t"e 0no!le%'e t"at $our
elo*e% ones are !ell #ro*i%e% for,
BSLI oers a co)#lete ran'e of insurance #ro%ucts
#& Protection Plans
=& Sa*in's Plans
>& C"il% Plans
& In*est)ent Plans
@& Retire)ent Plans
A& @rou# Plans
B& Rural Plans
& Plans for NRIs
.& Qe$)an Plans
#& Ri%ers
0rotection 0lans
Life 5uar"
sli oers Life!uar"4 a set of #ure #rotection #lans, C"oose fro) a)on'st t"ree
%ierent #ro%uct structures to insure $our life an% #ro*i%e total securit$ to $our
fa)il$& at a *er$ aor%ale cost,
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Le%el Term *ssurance with return of premium
On %eat" t"e entire su) assure% !ill e #ai%,
On )aturit$& all t"e #re)iu)s #ai% !ill e returne%,
Le%el Term *ssurance without return of premium
On %eat" t"e entire su) assure% !ill e #ai%,
No sur*i*al or )aturit$ ene(ts,
You can also en"ance t"e ao*e t!o #olicies $ a%%in' Acci%ent Disailit$ Bene(t
Ri%eran% 3ai*er of Pre)iu) Ri%er .3OP/,
Le%el Term *ssurance $ )in!le premium(
On %eat" t"e entire su) assure% !ill e #ai%,
No sur*i*al or )aturit$ ene(ts
sa%in! 0lans
sli oers a *ariet$ of #olicies t"at 'i*e $ou t"e ene(ts of #rotection an% t"e
o##ortunit$ to sa*e for i)#ortant assets or e*ents& li0e a "o)e& a car or a !e%%in',
In%est )hiel" Cash
A re'ular #re)iu) unit4lin0e% insurance #lan !it" an assurance of Ca#ital
@uarantee !it" t"e a%%e% a%*anta'e of e-ile li5ui%it$ o#tion, An i%eal #lan for
lon' ter) #lannin' !it" t"e ene(t of li5ui%it$,
T"e 0e$ features of t"e #lan are
Fle-iilit$ to c"oose a s#eci(c le*el of #rotection .Su) Assure%/& ase% on a
)ulti#le of t"e annual #re)iu), You can also c"oose t"e ter) of t"e #lan,
At t"e en% of t"e ter)& t"e "i'"er of t"e *alue of units or t"e 'uarantee% *alueV is
#ai%, On %eat"& Su) Assure% alon' !it" t"e "i'"er of *alue of units or t"e
'uarantee% *alue is #a$ale,
Facilit$ to )a0e !it"%ra!als fro) t"e >t" #olic$ $ear on!ar%s till t"e en% of t"e
#olic$ ter), E*er$ $ear !it"%ra! u# to 8; of t"e *alue of units,
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A%%itional cre%its #a$ale as a #ercenta'e of t"e initial annual #re)iu) are #ai%
alon' !it" t"e %eat" or )aturit$ ene(t,
A%%itional insurance for 8; $ears after t"e )aturit$& for an a)ount of =; of t"e
Su) Assure%,
Fle-iilit$ to )a0e a%%itional in*est)ent !it" t"e "el# of t"e to#4u# facilit$,
Fle-iilit$ to increase W %ecrease $our annual #re)iu) a)ount
Facilit$ of Auto)atic Pre)iu) Pa$)ent4 3it" t"is facilit$ $ou can ta0e a te)#orar$
rea0 fro) #re)iu) #a$)ent,
Total trans#arenc$ !it" t"e #re)iu) allocations& an% ot"er c"ar'es %eclare%
u#front,
T"e 'uarantee% *alue of t"e unit fun% is t"e *alue of all in*este% #re)iu)s
.#re)iu)s net of all c"ar'es/ alon' !it" t"e %eclare% onus interests,
3it" Auto)atic Pre)iu) Pa$)ent facilit$& $ou can a*ail a te)#orar$ rea0 fro)
#re)iu) #a$)ent for a )a-i)u) of 8 $ear, T"is facilit$ is a*ailale once if t"e
#re)iu) #a$in' ter) is less t"an 8= $ears an% t!ice& if it is 8= $ears or )ore,
You can also en"ance $our #olic$ $ a%%in' Acci%ent Disailit$ Bene(t
Ri%er& 3ai*er of Pre)iu) Ri%eran% Critical Illness Ri%er,
In*est S"iel% Life
A re'ular #re)iu) unit4lin0e% insurance #lan !it" an assurance of Ca#ital
@uarantee An i%eal #lan for $our lon'4ter) sa*in's an% #rotection re5uire)ent,
T"e 0e$ features of t"e #lan are
Fle-iilit$ to c"oose a s#eci(c le*el of #rotection .Su) Assure%/& ase% on a
)ulti#le of t"e annual #re)iu), You can also c"oose t"e ter) of t"e #lan,
At t"e en% of t"e ter)& t"e "i'"er of t"e *alue of units or t"e 'uarantee% *alueV is
#ai%, On %eat"& Su) Assure% alon' !it" t"e "i'"er of *alue of units or t"e
'uarantee% *alue is #a$ale
A%%itional cre%its #a$ale as a #ercenta'e of t"e initial annual #re)iu) are #ai%
alon' !it" t"e %eat" or )aturit$ ene(t,
A%%itional insurance for 8; $ears after t"e )aturit$& for an a)ount of =; of t"e
Su) Assure%,
Fle-iilit$ to )a0e a%%itional in*est)ent !it" t"e "el# of t"e to#4u# facilit$,
Fle-iilit$ to increase W %ecrease $our annual #re)iu) a)ount
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Facilit$ of Auto)atic Pre)iu) Pa$)ent4 3it" t"is facilit$ $ou can ta0e a temporary
reakfro) #re)iu) #a$)ent,
Total trans#arenc$ !it" t"e #re)iu) allocations& an% ot"er c"ar'es %eclare%
u#front,
T"e 'uarantee% *alue of t"e unit fun% is t"e *alue of all in*este% #re)iu)s
.#re)iu)s net of all c"ar'es/ alon' !it" t"e %eclare% onus interests,
3it" Auto)atic Pre)iu) Pa$)ent facilit$& $ou can a*ail a te)#orar$ rea0 fro)
#re)iu) #a$)ent for a )a-i)u) of 8 $ear, T"is facilit$ is a*ailale once if t"e
#re)iu) #a$in' ter) is less t"an 8= $ears an% t!ice& if it is 8= $ears or )ore,
T"e ca#ital 'uarantee is a##licale onl$ on t"e in*este% #re)iu) an% t"e %eclare%
onus interests,
You can also en"ance $our #olic$ $ a%%in' Acci%ent Disailit$ Bene(t Ri%er&
3ai*er of Pre)iu) Ri%er an% Critical Illness Ri%er,
In%est )hiel" 5ol"
A unit4lin0e% insurance #lan !it" an assurance of Ca#ital @uarantee !"ic" oers
$ou t"e ene(t of a li)ite% #re)iu) #a$)ent ter), An i%eal #lan for #rotection
!it" !ealt" creation t"at oers t"e e-iilit$ of a li)ite% #re)iu) #a$in' ter),
Fle-iilit$ to c"oose a #re)iu) #a$)ent ter) of =& or 8; $ears for a )aturit$
ter) of 8;& 8= or
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T"e 'uarantee% *alue of t"e unit fun% is t"e *alue of all in*este% #re)iu)s
.#re)iu)s net of all c"ar'es/ alon' !it" t"e %eclare% onus interests,
T"e ca#ital 'uarantee is a##licale onl$ on t"e in*este% #re)iu) an% t"e %eclare%
onus interests,
You can also en"ance $our #olic$ $ a%%in' Acci%ent Disailit$ Bene(t Ri%er an%
Critical Illness Ri%er,
0remier Life
Presentin' Pre)ier Life T"e Preferre% #lan for t"e Preferre% Custo)er, T"e 0e$
features of t"e #lan are
Li)ite% #re)iu) #a$)ent o#tion C"oose fro) a)on' a & =& or 8; $ear #re)iu)
#a$in' ter),
C"oice of su) assure% C"oose a su) assure%& !"ic" is a )ini)u) )ulti#le of 8an% a )a-i)u) )ulti#le of
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Fle-iilit$ to increase or %ecrease $our su) assure%&
A%%4on ri%ers to #rotect $ou a'ainst an$ e*entualit$,
)a%in!s
Fle-iilit$ to increase or %ecrease $our contriution,
Facilit$ of Pre)iu) Holi%a$& !"erein t"e #olic$ continues e*en if t"ere is a
te)#orar$ rea0 in t"e #a$)ent of annual contriution .a*ailale onl$ !it" Life
Ti)e/,
Facilit$ of Auto)atic Co*er Continuance& !"erein t"e #olic$ continues e*en if t"ere
is a te)#orar$ rea0 in t"e #a$)ent of annual contriution
Facilit$ to to#4u# $our in*est)ent an$ ti)e $ou "a*e sur#lus fun%s,
A%%itional allocation of units on a #erio%ic asis,
Loans a'ainst t"e #olic$,
In%estment(
C"oose fro) a)on' four fun%s& ase% on $our in*est)ent o7ecti*e an% ris0
a##etite,
C"oice to s!itc" et!een in*est)ents o#tions .G free s!itc"es e*er$ #olic$ $ear/,
You can also en"ance $our #olic$ $ a%%in' Critical Illness Ri%er& Ma7or Sur'icalAssistance Ri%er& Acci%ent Disailit$ Bene(t Ri%er& Acci%ent Bene(t
Ri%er .a*ailale onl$ !it" Life Ti)e/ an% 3ai*er of Pre)iu) Ri%er
)ecure 0lus
An insurance #lan t"at 'i*es a%%e% #rotection& sa*in's an% )ulti#le o#tions& all in
oneX
T"e e-iilit$ to c"oose $our #re)iu) contriution,
T"e e-iilit$ to c"oose a)on'st t"ree le*els of co*er .in t"e for) of su) assure%/
for t"e sa)e a)ount of total annual contriution,
T"e e-iilit$ of s"iftin' et!een t"e t"ree le*els of co*er& as $ou re5uire,
T"e e-iilit$ of recei*in' $our )aturit$ #rocee%s as a lu)# su) or in e5ual annual
install)ents o*er or = $ears,
You can also en"ance $our #olic$ $ a%%in' ariet$ of Ri%ers
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Cash 0lus
An insurance #lan t"at 'i*es $ou a%%e% #rotection& sa*in's& )ulti#le o#tions& #lus
t"e #o!er of li5ui%it$,
T"e e-iilit$ to c"oose $our #re)iu) contriution,
T"e e-iilit$ to c"oose a)on'st t"ree le*els of co*er .in t"e for) of su) assure%/
for t"e sa)e a)ount of total annual contriution,
T"e e-iilit$ of s"iftin' et!een t"e t"ree le*els of co*er& as $ou re5uire,
T"e e-iilit$ of recei*in' $our )aturit$ #rocee%s as a lu)# su) or in e5ual annual
install)ents o*er or = $ears,
T"e e-iilit$ of !it"%ra!in' u# to 8; of t"e accu)ulate% *alue of $our #olic$&
after t"e (rst = #olic$ $ears,
You can also en"ance $our #olic$ $ a%%in' ariet$ of Ri%ers
)a%e Fn< 0rotect
An i%eal #lan for t"ose !"o !ant to accu)ulate fun%s on a re'ular asis !"ile
en7o$in' insurance #rotection,
5uarantee" ,ene6ts(@uarantee% a%%itions ,= of t"e Su) Assure%&
co)#oun%e% annuall$ for t"e (rst G $ears of t"e #olic$,
+Eten"e" Life Co%er(An e-ten%e% co*er for = $ears after t"e )aturit$ of t"e
#olic$& for =; of t"e su) assure%& at no e-tra cost,
2aturity ,ene6t(At t"e en% of t"e ter)& t"e #olic$"ol%er recei*es t"e full su)
assure%& t"e 'uarantee% a%%itions an% t"e *este% onuses,
Death ,ene6t(T"e ene(ciar$ recei*es t"e su) assure%& t"e 'uarantee%
a%%itions an% t"e *este% onuses incase t"e life assure% !ere to )eet !it" an
unfortunate e*ent, In case t"e life assure% is a'e% $ears or less& t"e asic
#re)iu) #ai% !ill e returne%,
You can also en"ance $our #olic$ $ a%%in' Critical Illness Ri%er& Ma7or Sur'icalAssistance Ri%er& Acci%ent Disailit$ Bene(t Ri%er& 3ai*er of Pre)iu) Ri%er
.3OP/
C"il% Plan
As a res#onsile #arent& $ou !ill al!a$s stri*e to ensure a "assle4free& successful
life for $our c"il%, Ho!e*er& life is full of Uncertainties an% e*en t"e est4lai% #lans
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can 'o !ron', Here6s "o! $ou can 'i*e $our c"il% a 8;; safe an% assure%
to)orro!& !"ate*er t"e uncertainties, S)art Qi% is es#eciall$ %esi'ne% to #ro*i%e
e-iilit$ an% safe'uar% $our c"il%6s future e%ucation an% lifest$le& ta0in' all
#ossiilities into account, C"oose fro) a)on'st a as0et of G #lans
)mart Gi" re!ular premium
)mart Gi" unit$linke" re!ular premium
)mart Gi" unit$linke" re!ular premium II
)mart Gi" unit$linke" sin!le premium II
All t"ese #lans oer $ou
/inancial ,ene6ts(Re'ular #a$)ents at critical sta'es in $our c"il%6s life& li0e
Boar% e-a)inations& @ra%uation an% Post4'ra%uation,
Total peace of min"- e%en if you are not aroun"
)um *ssure" is pai" imme"iately(Ensures t"at $our lo*e% ones sta$ (nanciall$
secure& e*en in $our asence,
*ll future premiums are wai%e"(Ensurin' t"at $our fa)il$ is not (nanciall$
ur%ene% in $our asence,
0olicy ene6ts continue(T"e e%ucational ene(ts of t"e #olic$ continue&
ensurin' t"at $our c"il% can realie "is or "er %rea)s !it"out an$ "assles,
De%elopment *llowance(S)art Qi% 'uarantees re'ular inco)e to secure $our
c"il%6s e%ucational career an% also ensures "is or "er all4roun% %e*elo#)ent& for a
no)inal a%%itional a)ount, T"e Inco)e Bene(t Ri%er ta0es care of t"is t"rou'" an
annual #a$)ent of 8; of t"e su) assure%& to $our c"il%& till t"e )aturit$ of t"e
#olic$& in t"e unfortunate e*ent of t"e %eat" of t"e #arent,
All S)artQi% #lans can e en"ance% !it" t"e *cci"ent 1 Disaility ,ene6t
Ri"eran%Income ,ene6t Ri"er, You can also an Acci%ent Bene(t Ri%erto a S)art
Qi% Re'ular Pre)iu) #olic$& an% a Wai%er of 0remium Ri"er 9WO0:to S)art Qi%
unit4lin0e% re'ular #re)iu) #olic$,
IN4+)T2+NT 0L*N)
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Life Lin0 II is a uni5ue #lan t"at co)ines t"e securit$ of a life insurance #olic$ !it"
t"e o##ortunit$ of en7o$in' "i'" returns on $our in*est)ents& !it"out t"e )ar0et
ris0s co)#ro)isin' on t"e #rotection of $our fa)il$,
Death ,ene6t(T"e Su) Assure% un%er t"e #ro%uct "as < o#tions& eit"er =;; of
t"e initial #re)iu) or 8;= of t"e initial #re)iu), In t"e e*ent of an unfortunate%eat"& t"e ene(ciar$ !ill recei*e "i'"er of t"e *alue of units or t"e initial %eat"
ene(t& less an$ !it"%ra!als,
With"rawal ,ene6t(One can )a0e #artial !it"%ra!als fro) t"e accu)ulate%
*alue of t"e #olic$ after co)#letion of one #olic$ $ear,
/leEiility(C"oose fro) four fun% o#tions& ase% on $our in*est)ent o7ecti*e an%
ris0 a##etite, If at a later sta'e $our (nancial #riorities c"an'e& $ou can s!itc"
et!een t"e *arious fun% o#tions& asolutel$ free& G ti)es a $ear,
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R+TIR+2+NT 0L*N)
Life E-#ectanc$ "as een risin' ra#i%l$ an% to%a$ $ou can e-#ect to li*e
lon'er t"an $our earlier 'enerations, For $ou& t"is increase !ill )ean a lon'er
retire)ent life& stretc"in' into a cou#le of %eca%es, BSLI Retire)ent Solutions t"at
co)ine t"e est of insurance an% in*est)ent, T"ese solutions are %e*elo#e% to
ensure $our #eace of )in% for t"e $ears to co)e,
3"$ #lan for retire)ent
Ho! )uc" s"oul% I set asi%e for retire)ent
T"e i)#act of ination on $our retire)ent sa*in's
3"$ #lan earl$
Aout Annuities
Why plan for retirement?
For too )an$ #eo#le& t"e 7o$ of retire)ent after $ears of "ar% !or0 is
ecli#se% $ t"e (nancial uncertainties t"at it rin's, Des#ite all t"e #lannin' an%
sa*in'& $ou can ne*er sure !"et"er $our )one$ !ill last a lifeti)e, Retire)ent
#lannin' oers a !a$ to ensure a )ore en7o$ale& stress free to)orro!, A #ru%ent
#lan !ill ensure t"at increasin' life e-#ectanc$& "i'"er ination an% increasin' ta-es
%o not eat a!a$ into $our "ar% earne% sa*in's,
How much must I set asi"e for retirement?
To ensure a co)fortale retire% life& $ou !oul% e !ise to in*est )one$ into
a%%itional a*enues li0e #ension #lans, Ho! )uc" $ou nee% to in*est can e
ans!ere% $ ans!erin' so)e 5uestions suc" as
Ho! lon' %o $ou "a*e to sa*e t"at a)ount efore retire)ent
3"ere can $ou in*est $our retire)ent )one$
Ho! )uc" ris0 are $ou !illin' to ta0e on $our in*est)ents
5roup )olutions
In an era of co)#etiti*e #arit$& t"e onl$ asset t"at )a0es a %ecisi*e %ierence
et!een cor#orate success an% failure is t"e 5ualit$ of "u)an ca#ital, E)#lo$ee
ene(ts "a*e #ro*en to e an e-cellent tool to o#ti)ie t"e retention of talent an%
i)#ro*e an or'aniation6s otto)4line, T"e 5ualit$ of an or'aniation6s e)#lo$ee
ene(ts estalis"es an% )aintains a co)#an$+s i)a'e as a carin' e)#lo$er,
http://www.iciciprulife.com/ipru/retire2.jsp#ahttp://www.iciciprulife.com/ipru/retire2.jsp#bhttp://www.iciciprulife.com/ipru/retire2.jsp#chttp://www.iciciprulife.com/ipru/retire2.jsp#dhttp://www.iciciprulife.com/ipru/retire4.jsp#topahttp://www.iciciprulife.com/ipru/retire2.jsp#ahttp://www.iciciprulife.com/ipru/retire2.jsp#bhttp://www.iciciprulife.com/ipru/retire2.jsp#chttp://www.iciciprulife.com/ipru/retire2.jsp#dhttp://www.iciciprulife.com/ipru/retire4.jsp#topa8/10/2019 Investment Analysis of Birla Sun Life
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O#ti)u) care of e)#lo$ees is a lon'4ter) in*est)ent t"at results in a sustaine%
co)#etiti*e a%*anta'e for an or'aniation in t"e ti)es to co)e,
,)LI 5roup )olutions *"%anta!e(
An inte'rate% as0et of e)#lo$ee ene(ts solutions t"at oer inco)#arale e-ile
ene(ts,
Soun% in*est)ent )ana'e)ent t"at focuses on safet$& stailit$ an% #ro(tailit$ of
t"e #ortfolio,
Personalie% (nancial #lannin' for $our e)#lo$ee t"at ta0es care of "isW"er
c"an'in' (nancial nee%s at e*er$ sta'e of life,
Zualit$ ser*ice initiati*es an% trans#arenc$ across all o#erations& #ro)isin'
su#erlati*e o#erational eKcienc$,
5roup Term *ssurance Hel#s #ro*i%e aor%ale co*er to )e)ers of a 'rou#,
5roup 5ratuity 0lan Hel#s e)#lo$ers fun% t"eir statutor$ 'ratuit$ oli'ation in a
e-ile an% "assle4free )anner,
5roup )uperannuation 0lan A e-ile sc"e)e .%e(ne% ene(t an% %e(ne%
contriution/ to #ro*i%e a retire)ent 0itt$ for eac" )e)er of t"e 'rou#,
5roup Term *ssurance(
BSLI e-ile 'rou# ter) solution "el#s #ro*i%e aor%ale co*er to )e)ers
of a 'rou#, T"e co*er coul% e unifor) or ase% on %esi'nationWran0 or a )ulti#le of
salar$& an% can e e-ten%e% to all e)#lo$ees et!een t"e a'es of 8: an% >= $ears,T"e ene(t un%er t"e #olic$ is #ai% on t"e e*ent of t"e )e)er6s %eat" to t"e
ene(ciar$ no)inate% $ t"e )e)er, It is a one4$ear rene!ale #olic$ !"ere one
)aster #olic$ co*ers all #ro#ose% e)#lo$ees co)#risin' t"e 'rou#& !it" a )ini)u)
'rou# sie of
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Pre)iu) is *ie!e% as a usiness e-#ense in t"e $ear of #a$)ent,
5roup 5ratuity 0lan(
,)LI 'rou# 'ratuit$ #lan "el#s e)#lo$ers fun% t"eir 'ratuit$ oli'ation in a
scienti(c )anner, E)#lo$ers can a*ail of t"e ta- ene(ts as a##licale to a##ro*e%
'ratuit$ fun%s, T"e #lan can also e custo)ie% to structure sc"e)es t"at can
#ro*i%e ene(ts e$on% t"e statutor$ oli'ations,
Hi'"li'"ts inclu%e
Wi"er choice of in%estments with 2arket Linke" 0lans4 to )eet t"e %i*erse
(nancial 'oals, 3e oer G in*est)ent o#tions .s"ort4ter) %et& %et an% alance%
an% ca#ital 'uarantee #lan/ !"ere in*est)ents !ill e )a%e in accor%ance !it" t"e
fun% o7ecti*es,
Transparencyt"rou'" Dail$ %isclosure of Unit alue an% re'ular %isclosure of t"e
#ortfolio of eac" of t"e in*est)ent o#tion
/leEiilityt"rou'" s!itc"in' an% contriution re%irection o#tion to enale
res"u[in' of #ortfolio
,un"le" Life Co%er'reater *alues to t"e e)#lo$ee $ #ac0a'in' life insurance
co*er !it" t"e 'ratuit$& !it" )ini)al a)ount of un%er!ritin',
*ctuarial ser%icesto #ro*i%e a scienti(c esti)ation of t"e 'ratuit$ liailit$,
Low eEplicit char!e structure!it" t"e con%itions for e-it s#eci(e% u#front,
+nhance" ser%ice le%elst"rou'" faster clai) settle)ent& easier access toinfor)ation an% re'ular state)ents,
Complete en" to en" solutions in the le!al an" re!ulatory appro%al
process for scheme set up or transfer
+mployee ,ene6ts(
T"e contriution )a%e $ t"e e)#lo$er is not inclu%e% in t"e *alue of ta-ale
#er5uisites in t"e "an%s of t"e e)#lo$ee,
@ratuit$ recei*e% u# to Rs =;;;; is e-e)#t fro) Inco)e ta- un%er Sec 8;.8;/
+mployer ,ene6ts(
Annual contriution u# to :, of salar$ ill in a (nancial $ear is allo!e% a
%e%uction for t"e #ur#ose of co)#utation of #ro(ts an% 'ains of usiness,
Contriution to!ar%s #ast ser*ice liailit$ is allo!e% as %e%uction as #er t"e Inco)e
Ta- rules,
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5roup )uperannuation 0lan(
,)LI )uperannuationSc"e)e .for ot" De(ne% Bene(t an% De(ne% Contriution
fun%s/ oers sustantial ene(ts to ot" e)#lo$ers an% e)#lo$ees, T"e e)#lo$er
an% e)#lo$ee can a*ail of ta- ene(ts a##licale to an a##ro*e% su#erannuation
trust, T"e sc"e)e !ill #ro*i%e for a retire)ent fun% for eac" #artici#atin'e)#lo$ee, An e)#lo$ee !oul% e ale to c"oose fro) *arious annuit$ o#tions or
o#t for #artial co))utation of cor#us at retire)ent,
Hi'"li'"ts inclu%e
Wi"er choice of in%estments with 2arket Linke" 0lans4 to )eet t"e %i*erse
(nancial 'oals, 3e oer = in*est)ent o#tions 9short$term "et- "et- alance"-
!rowth an" capital !uarantee plan:!"ere in*est)ents !ill e )a%e
inaccor%ance !it" t"e fun% o7ecti*es,
Control4 Eac" )e)erWe)#lo$er can e-ercise 'reater control o*er in*est)ents $
c"oosin' one or )ore of t"e in*est)ent o#tions,
2ultiple *nnuity Options4 = annuit$ o#tions an% o#en )ar0et o#tion
Transparency4 Trans#arenc$ t"rou'" Dail$ %isclosure of Unit alue an% re'ular
%isclosure of t"e #ortfolio of eac" of t"e in*est)ent o#tion
/leEiility4 Fle-iilit$ t"rou'" s!itc"in' an% contriution re%irection o#tion to
enale res"u[in' of #ortfolio
Low eEplicit char!e structure!it" con%itions for e-it s#eci(e% u#front,
+nhance" ser%ice le%elst"rou'" faster clai) settle)ent& easier access to
infor)ation an% re'ular state)ents,
Complete en" to en" solution in t"e le'al an% re'ulator$ a##ro*al #rocess for
sc"e)e set u# or transfer
Rural 0lans
,)LI Rural Pro%ucts are %esi'ne% to )eet t"e nee%s of t"e rural consu)ers, T"ese
#ro%ucts oer t"e follo!in' features
8, Lo! an% Aor%ale Pre)iu)s
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,)LI En%o!)ent Plan
,)LI 4 Re'ular Pre)iu)
,)LI +n"owment 0lan(
,)LI oerst"e follo!in' features
Life Co*er an% Sa*in's
Re'ular Pre)iu)s
A'e at entr$ 8: 4 G= Yrs
Pre)iu) Mo%e Half Yearl$ W Yearl$
Ter) =&8;&8= Yrs
Su) Assure% Rs,=&;;; 4
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NRI 0lans(
Bein' a!a$ fro) In%ia %oesn+t )ean $ou "a*e to co)#ro)ise t"e safet$ an%
securit$ of $our lo*e% ones, In fact& $our sa*in's fro) $our ti)e o*erseas can e
easil$ canalie% to )eet $our fa)il$+s nee%s 4 no! an% in t"e future, So& !"et"er its
$our %rea) to retire in $our "o)eto!n1 to secure fun%s for $our c"il%ren+se%ucation1 or to uil% assets& ,)LI "as a ran'e of solutions t"at can e custo)ie%
to )eet $our nee%s,
,IRL* )UN LI/+ IN)UR*NC+ 5OLD 0LU)
Don+t !e al!a$s !is" for t"at so)et"in' )ore A i''er "ouse& a #lus" set of
!"eels& "oli%a$s in e-otic lan%s, Here+s so)et"in' t"at )a0es sure $ou 'et all t"at
an% )uc" )ore, Presentin' t"e Birla Sun Life Insurance @ol%4Plus Plan 4 a #lan
unli0e an$ ot"er, It co*ers $our life !"ile 'i*in' $ou an o##ortunit$ to 'ro! $our
in*est)ents for t"e )e%iu) ter),
D+T*IL)
An o##ortunit$ to 'ro! $our in*est)ents for )e%iu) ter),
Polic$ ter)s : $ears,
Pa$in' #erio% $ears
T"e #olic$"ol%er "as an o#tion to re%uce t"e annualie% #olic$ #re)iu) in t"e
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A'e 8:4;4;
@ol%
#lus
)ulti#l
e
GG : ;
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AMP SANMAR ;,
METLIFE ;,
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So if $ou "a*e a "i'"4ris0 a##etite& 'o in for a )ore a''ressi*e in*est)ent o#tion
an% *ice4a4*ersa, O#tin' for a #lan t"at is lo#4si%e% in fa*ors of e5uities !"en $ou
are a ris04a*erse in%i*i%ual )i'"t s#ell %isaster for $ou .t"is is true in )ost cases
currentl$/,
>& Compare ULI0s of "ierent insurance companies
Co)#are #ro%ucts of t"e lea%in' insurance co)#anies, En5uire aout t"e
#re)iu) #a$)ents as ULIPs !or0 on )ini)u) #re)iu) asis as o##ose% to su)
assure% in t"e case of con*entional insurance #olicies,
C"ec0 t"e fun%+s #erfor)ance o*er t"e #ast si- )ont"s, Fin% out "o! t"e %et an%
e5uit$ sc"e)es are Perfor)in' an% "o! stea%$ t"e #erfor)ance "as een, En5uire
aout t"e c"ar'es $ou !ill "a*e to #a$, In ULIPs t"e costs in*ol*e% are a i'
%eci%in' factor,
As0 aout t"e to#4u# facilit$ oere% $ ULIPs i,e, a%%itional lu)# su) in*est)ents
$ou can )a0e to increase t"e sa*in's #ortion of $our #olic$,
T"e co)#anies 'i*e $ou t"e o#tion to increase t"e #re)iu) a)ounts& t"ere$
#ro*i%in' $ou !it" t"e o##ortunit$ to 'ainfull$ utilie sur#lus fun%s at $our %is#osal,
En5uire aout t"e nu)er of ti)es $ou can )a0e free s!itc"es .i,e, c"an'e t"e
asset allocation of t"e )one$ in $our ULIP account/ fro) one in*est)ent #lan to
anot"er,
So)e insurance co)#anies oer $ou free s!itc" for a
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In )ar0et lin0e% #ro%uct if $our in*est)ent+s %o!nsi%e can e #rotecte%& it !oul%
e a "u'e a%*anta'e, Fin% out if t"e ULIP $ou are consi%erin' oers a )ini)u)
'uarantee an% !"at costs "a*e to e orne for t"e sa)e, T"is !ill enale $ou to
)a0e an infor)e% c"oice,
Will unit linke" risk pro"ucts continue to rule?
Unit lin0e% ris0 #lans are %oin' roarin' usiness a'ree% ut if t"e recent re#orts are
an$ in%ication a s"a0e u# is on t"e car%s, T"e )utual fun% in%ustr$ is all set to 'et
a''ressi*e to counter co)#etition fro) t"e insurance in%ustr$6s unit lin0e% ris0
#ro%ucts, For )utual fun%s t"e unit lin0e% insurance #ro%ucts launc"e% $ life
insurance co)#anies are an encroac")ent on t"eir territor$, Consi%er t"is Aroun%
:; #er cent of t"e #re)iu) inco)e of life insurers "as co)e in t"rou'" unit4lin0e%
#lans in
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T"e$ are free fro) #ersonal
ca#ital 'ains ta-,
at least = $ears,
Unit Link In%estment 0lans of HD/C$ )tan"ar" Life Insurance Company Lt"&
Before !e %iscuss t"e #lans in %etail let6s e accusto)e% to certain co))on ter)s
li0e
)*$ )um *ssure"
It is t"e a)ount for !"ic" a #erson is insure%& so it eco)es t"e )ini)u) a)ount&
!"ic" "as to e returne% to t"e insure% as #er t"e ter)s of t"e #olic$,
L* $ Life *ssure"$
HeWs"e is t"e #erson !"o "as ta0en t"e insurance co*er,
0remium
T"ese are t"e install)ents #a$ale $ t"e LA as a'ainst t"e SA, He can eit"er )a0e
)ont"l$& "alf4$earl$ $earl$ or e*en one ti)e #a$)ent is allo!e%,
HD/C )tan"ar" Life has > Unit Link In%estment 0lans
UNIT LING+D 3OUN5 )T*R 0L*N
UNIT LING+D +NDOW2+NT 0L*N
UNIT LING+D 0+N)ION 0L*N
UNIT LING+D 3OUN5 )T*R 0L*N
T"e #lan is aor%ale& custo)ise% to $our nee%s an% ao*e all& enales $ou to
realise $our %rea)s for $our c"il%, T"is #lan is !ell suite% for t"e *alue4conscious
custo)er& an% ao*e all& for e*er$ lo*in' #arent, T"e #lan can also e c"osen $
'ran%#arents& ot"er relati*es or an$ a%ult for t"e ene(t of a c"il%
What is the Unit Linke" 3oun! )tar 0lan?
HDFC Unit Lin0e% Youn' Star Plan is %esi'ne% to #ro*i%e a lu)# su) to t"e c"il% at
)aturit$, It also #ro*i%es (nancial securit$ to t"e c"il% in t"e future& e*en in case of
t"e insure% #arent+s unfortunate %eat" %urin' t"e #olic$ ter), T"e Unit Lin0e%
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Youn' Star Plan also 'i*es t"e o#tion of a%%itional #rotection a'ainst t"e si-
co))on critical illnesses,
Your #re)iu)s are in*este% in units of t"e in*est)ent fun%s of $our c"oice& ase%
on t"e #re*ailin' unit #rices, On )aturit$ t"e *alue of t"e units !ill e #ai%, On
%eat" .or critical illness& if c"osen/ t"e selecte% asic su) assure% is #ai%& an% t"e#olic$ continues until )aturit$, Follo!in' a *ali% %eat" or critical illness clai)& !e
!ill #a$ t"e future #re)iu)s .at t"e le*el ori'inall$ c"osen at ince#tion/ into $our
#olic$& as an% !"en t"e$ !oul% "a*e fallen %ue,
0remiums
You a'ree to #a$ a le*el #re)iu) re'ularl$& eit"er 5uarterl$& "alf4$earl$ or annuall$&
t"rou'"out t"e ter) of t"e #olic$, T"e )ini)u) #re)iu) a)ount is Rs, 8;&;;;
eac" $ear,
To facilitate increase% in*est)ent& !e allo! a%%itional sin'le #re)iu) to#4u#s at
an$ ti)e, T"e )ini)u) sin'le #re)iu) to#4u# is Rs, =&;;;
Pre)iu)s can e #ai% $ cas"& c"e5ue or %e)an% %raft,
Choose your In%estment /un"s
T"e #olic$ is full$ unitise% !it" a ran'e of fun%s to )atc" $our nee%s an% a##roac"
to ris0, .B$ ris0 !e )ean t"e li0el$ *olatilit$ in t"e *alue of units in t"e fun%,/ Eac"
in*est)ent fun% is co)#ose% of units, All t"e units in a fun% are i%entical, You can
c"oose fro) t"e follo!in' fun%s
LiJui" fun"
T"e Li5ui% fun% in*ests 8;; in an0 %e#osits an% "i'" 5ualit$ s"ort4ter) )one$
)ar0et instru)ents, T"e fun% is %esi'ne% to e cas" secure an% "as a *er$ lo!
le*el of ris01 "o!e*er unit #rices )a$ occasionall$ 'o %o!n %ue to t"e use of s"ort4
ter) )one$ )ar0et instru)ents, At ince#tion& in*est)ents u# to
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a)ount of !or0in' ca#ital )a$ e in*este% in cas" to facilitate t"e %a$4to4%a$
runnin' of t"e fun%, T"e fun% "as a )o%erate le*el of ris0 !it" t"e o##ortunit$ to
earn "i'"er returns in t"e lon' ter) fro) so)e e5uit$ in*est)ent, Unit #rices )a$
'o u# or %o!n,
,alance" 2ana!e"
; to >; of t"e Balance% Mana'e% fun% !ill e in*este% in "i'" 5ualit$ In%ian
e5uities, T"e re)ain%er !ill e in*este% in @o*ern)ent Securities an% Bon%s issue%
$ co)#anies or ot"er o%ies !it" a "i'" cre%it stan%in', In a%%ition a s)all
a)ount of !or0in' ca#ital )a$ e in*este% in cas" to facilitate t"e %a$4to4%a$
runnin' of t"e fun%, T"e fun% "as a "i'"er le*el of ris0 !it" t"e o##ortunit$ to earn
"i'"er returns in t"e lon' ter) fro) t"e "i'"er #ro#ortion it in*ests in e5uities, Unit
#rices )a$ 'o u# or %o!n,
5rowth fun"
T"e @ro!t" fun% in*ests 8;; in "i'" 5ualit$ In%ian e5uities, In a%%ition a s)all
a)ount of !or0in' ca#ital )a$ e in*este% in cas" to facilitate t"e %a$4to4%a$
runnin' of t"e fun%, T"e fun% "as a "i'"er le*el of ris0 !it" t"e o##ortunit$ to earn
"i'"er returns in t"e lon' ter) fro) t"e in*est)ent in e5uities, Unit #rices )a$ 'o
u# or %o!n,
T"e #ast #erfor)ance of an$ of t"e fun%s is not necessaril$ an in%ication of future
#erfor)ance,
T"ere are no in*est)ent 'uarantees on t"e returns of unit lin0e% fun%s,
None of t"e fun%s #artici#ate in t"e #ro(ts of HDFC Stan%ar% Life InsuranceCo)#an$ Li)ite% or an$ of its #olic$"ol%er fun%s,
)witchin! of fun"s&
You can s!itc" $our e-istin' in*est)ents fro) $our an$ of $our unit lin0e% fun%s& to
an$ ot"er a*ailale unit lin0e% fun%, You can also 'i*e us a #re)iu) re%irectioninstruction to re%irect future #re)iu)s to %ierent unit lin0e% fun%s,
What are the ,ene6ts?
T"ere are < %ierent o#tions a*ailale
8, Life Option
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T"is o#tion consists of a Maturit$ Bene(t an% a Deat" Bene(t,
T"e Maturit$ Bene(t !ill #a$ t"e *alue of t"e unit4lin0e% fun% at t"e en% of
t"e #olic$ ter),
T"e Deat" Bene(t !ill #a$ t"e asic Su) Assure% on %eat" of t"e life assure%
%urin' t"e #olic$ ter), Follo!in' #a$)ent of t"is ene(t& no furt"er
#re)iu)s are %ue fro) t"e #olic$"ol%er,
Follo!in' a *ali% %eat" clai)& !e !ill #a$ future #re)iu)s on $our e"alf& as
an% !"en t"e$ eco)e %ue, T"e le*el of #re)iu) !ill e t"at c"osen $ $ou
at ince#tion of t"e #olic$,
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Your #re)iu)s are in*este% in units of t"e in*est)ent fun% of $our c"oice& ase% on
t"e #re*ailin' unit #rice, On )aturit$ $ou recei*e t"e *alue of $our units, On %eat"
.or critical illness& if c"osen/ $ou recei*e t"e 'reater of t"e *alue of $our units an%
$our selecte% asic su) assure%,
0remiums
You a'ree to #a$ a le*el #re)iu) re'ularl$& eit"er 5uarterl$& "alf4$earl$ or annuall$&
t"rou'"out t"e ter) of t"e #olic$, T"e )ini)u) #re)iu) a)ount is Rs, 8;&;;;
eac" $ear,
To facilitate increase% in*est)ent& !e allo! a%%itional sin'le #re)iu) to#4u#s at
an$ ti)e, T"e )ini)u) sin'le #re)iu) to#4u# is Rs, =&;;;
Pre)iu)s can e #ai% $ cas"& c"e5ue or %e)an% %raft,
CHOO)+ 3OUR IN4+)T2+NT /UND
T"e #olic$ is full$ unitise% !it" a ran'e of fun%s to )atc" $our nee%s an% a##roac"
to ris0, .B$ ris0 !e )ean t"e li0el$ *olatilit$ in t"e *alue of units in t"e fun%,/
Eac" in*est)ent fun% is co)#ose% of units, All t"e units in a fun% are i%entical, You
can c"oose fro) t"e follo!in' fun%s
LiJui" fun"
)ecure 2ana!e" fun"
Defensi%e 2ana!e"
,alance" 2ana!e"
5rowth fun"
, +Etra Life Option
T"is o#tion #a$s t"e sa)e ene(ts as t"e Life O#tion ut& s"oul% %eat" occur !it"in
t"e #olic$ ter) as t"e result of an acci%ent& an e-tra ene(t e5ual to t"e Su)
Assure% !ill e #ai%,
G, +Etra Life an" Health Option
T"is o#tion #a$s t"e sa)e ene(ts as t"e Life an% Healt" O#tion ut& s"oul% %eat"
occur !it"in t"e #olic$ ter) as t"e result of an acci%ent& an e-tra ene(t e5ual to
t"e Su) Assure% !ill e #ai%,
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)URR+ND+RIN5 TH+ 0OLIC3
T"e #olic$"ol%er can surren%er t"e #olic$ at an$ #oint of ti)e %urin' t"e contract
ter), T"e a)ount #a$ale !ill e t"e unitise% fun% *alue after a##l$in' a%%itional
surren%er c"ar'es )entione% elo!,
*ccessin! the money
You can )a0e lu)# su) !it"%ra!als fro) $ou fun%s #ro*i%e% t"e fun% alance
after !it"%ra!al an% c"ar'es %oes not fall elo! t"e Su) Assure%, T"e )ini)u)
!it"%ra!al a)ount is Rs, 8;&;;;,
Discontinuity of 0remiums
T"is #ro%uct "as a 'race #erio% of 8= %a$s for t"e #a$)ent of eac" #re)iu) after
t"e initial #re)iu),
If $ou sto# #a$in' #re)iu)s& efore $ou "a*e #ai% $ears of annual #re)iu)s& !e
!ill cancel $ou #olic$ an% return to $ou t"e *alue of $our unitise% fun%& less
cancellation c"ar'es,
If& after t"ree $ears& $ou are unale to #a$ t"e #re)iu)s& $ou "a*e t"e o#tion to
)a0e t"e #olic$ #ai%4u#& #ro*i%e% t"e #olic$ "as accu)ulate% suKcient #olic$
*alue, Currentl$& t"is a)ount !ill e Rs, 8=&;;;,
If $ou )a0e $our #olic$ #ai% u# $ou !ill continue to e #rotecte% accor%in' to t"e
ene(ts $ou selecte%, To #ro*i%e t"is co*er& !e !ill continue to collect our usual
c"ar'es on eac" )ont"l$ c"ar'e %ate, It is i)#ortant to note t"at if no furt"er
#re)iu)s are #ai%& t"is )a$ re%uce t"e *alue of $our fun% o*er ti)e& or e*en
e-"aust it co)#letel$,
A #ai%4u# #olic$ can e reinstate% to #re)iu) #a$in' status at an$ #oint of ti)e in
t"e future,
If t"e fun% *alue of a #ai%4u# #olic$ falls elo! Rs, 8=&;;; !e !ill cancel t"e #olic$
an% return to $ou t"e fun% *alue& less cancellation c"ar'es,
TaE ,ene6ts
Pre)iu)s #ai% un%er t"is #lan are eli'ile for ta- ene(ts un%er Section :: of t"e
Inco)e Ta- Act& 89>8,
Char!es
Co)#an$ %e%uct c"ar'es fro) t"e #olic$ to co*er t"eir costs,
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A #ercenta'e of eac" #re)iu) is in*este% to u$ units& t"is #ercenta'e is calle% t"e
In*est)ent Content Rate,
TH+ R*T+) *R+ *) /OLLOW)(
0remium pai" In%estment Content Rate 9ICR:
Re'ular 4 Year 8
Re'ular 4 Year <
Re'ular 4 Year ^ 99
Re'ular Pre)iu) Increases 99
Sin'le Pre)iu) To#4U# 99
T"e unit #rice eac" %a$ !ill inclu%e a fun% )ana'e)ent c"ar'e, T"is c"ar'e is
;,:; of t"e fun% *alue #er annu) ta0en on a %ail$ asis,
A at fee of Rs 8= #er )ont" !ill e %e%ucte% $ cancellation of units on eac"
)ont"l$ c"ar'e %ate, T"is !ill e #ro#ortione% across fun%s accor%in' to t"e fun%
"ol%in's at t"e ti)e of cancellation of units,
Ris0 ene(ts .for %eat" su) assure%& critical illness& an% acci%ental %eat"/ !ill e
c"ar'e% for $ cancellin' units on eac" )ont"l$ c"ar'e %ate& ase% on t"e #erson6s
a'e at t"at ti)e,
3e c"ar'e neit"er for #re)iu) re%irections nor for s!itc"es ut !e )a$ %o so in
t"e future,
3e %o not c"ar'e for alterin' t"e re'ular #re)iu) a)ount .inclu%in' )a0in' a
#olic$ #ai%4u# an% reinstatin' a #ai%4u# #olic$/& ut !e )a$ %o so in t"e future,
On cancellation of t"e #olic$ efore $ears of re'ular #re)iu)s "a*e een #ai%& !e
!ill c"ar'e
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No c"an'es can e )a%e to our current c"ar'es !it"out #rior a##ro*al fro) t"e
Insurance Re'ulator$ an% De*elo#)ent Aut"orit$,
In an$ case& t"e fun% )ana'e)ent c"ar'e !ill not e-cee%
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Ta0in' #art or #racticin' for an$ "aar%ous "o$& #ursuit or race unless
#re*iousl$ a'ree% to $ us in !ritin'
3ar& in*asion& "ostilities .!"et"er !ar is %eclare% or not/& ci*il !ar& reellion&
re*olution or ta0in' #art in a riot or ci*il co))otion,
5+N+R*L IN/OR2*TION
Unit 0rices
T"e Co, set unit #rice of a fun% $ %i*i%in' t"e *alue of t"e assets in t"e fun% at t"e
*aluation ti)e $ t"e nu)er of units in e-istence for t"e fun%, T"e resultin' #rice
!ill e roun%e% to t"e nearest Rs, ;,;;;8, T"e *alue of t"e assets !ill e calculate%
as t"e Mar0et or Fair alue of t"e fun%6s In*est)entsplusCurrent Assets .inclu%in'accrue% inco)e/ lessCurrent Liailities an% Pro*isions .inclu%in' accrue%
e-#enses/, T"is #rice !ill e #ulis"e% on our co)#an$6s !esite,
0rohiition of reates
Section G8 of t"e Insurance Act& 89: states
8, No #erson s"all allo! or oer to allo!& eit"er %irectl$ or in%irectl$& as an
in%uce)ent to an$ #erson to ta0e out or rene! or continue an insurance in
res#ect of an$ 0in% of ris0 relatin' to li*es or #ro#ert$ in In%ia& an$ reate oft"e !"ole or #art of t"e co))ission #a$ale or an$ reate of t"e #re)iu)
s"o!n on t"e #olic$& nor s"all an$ #erson ta0in' out or rene!in' or
continuin' a #olic$ acce#t an$ reate& e-ce#t suc" reate as )a$ e allo!e%
in accor%ance !it" t"e #ulis"e% #ros#ectuses or tales of t"e insurer,
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Your #re)iu)s are in*este% in units of t"e in*est)ent fun% of $our c"oice& ase% on
t"e #re*ailin' unit #rice, On *estin' t"e *alue of $our units !ill e use% to u$ $our
retire)ent ene(ts,
On earlier %eat"& t"e ene(ciar$ recei*es t"e *alue of $our units #lus a cas" lu)#
su) of Rs, 8&;;;,
0remiums
You a'ree to #a$ le*el #re)iu)s re'ularl$& eit"er 5uarterl$& "alf4$earl$ or annuall$&
t"rou'"out t"e ter) of t"e #olic$ or a sin'le #re)iu) at t"e start of t"e #olic$, T"e
)ini)u) #re)iu) a)ount for re'ular #re)iu) )o%e is Rs, 8;&;;; eac" $ear an%
for sin'le #re)iu)& it is Rs,
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At t"e c"osen *estin' %ate& t"e unitise% fun% *alue !ill e a*ailale to secure
#ension ene(ts, Su7ect to t"e #re*ailin' re'ulations& #art of t"is *alue can e
ta0en in t"e for) of a cas" lu)# su) an% t"e rest con*erte% to an annuit$ at t"e
rate t"en oere% $ HDFC Stan%ar% Life, Alternati*el$& if it is #er)itte% $ t"e
#re*ailin' re'ulations& t"e #rocee%s net of an$ cas" lu)# su) can e use% to u$
an annuit$ !it" an$ ot"er insurance co)#an$ !"o !ill acce#t suc" usiness, T"ecurrent )a-i)u) li)it for an$ cas" lu)# su) is one4t"ir% of t"e unitise% fun% *alue
on *estin',
On %eat" t"e unitise% fun% *alue !ill e #ai% alon' !it" a cas" lu)# su) of Rs,
8&;;;, T"e ene(ciar$ )a$ use t"e #rocee%s to #urc"ase #ension ene(ts for t"e
sur*i*in' s#ouse,
How are ene6ts pai"?
Your asic ene(ts !ill e #ai% $ c"e5ue,
0ROHI,ITION O/ R+,*T+)
)ection # of the Insurance *ct- #.> states(
8, No #erson s"all allo! or oer to allo!& eit"er %irectl$ or in%irectl$& as anin%uce)ent to an$ #erson to ta0e out or rene! or continue an insurance in res#ect
of an$ 0in% of ris0 relatin' to li*es or #ro#ert$ in In%ia& an$ reate of t"e !"ole or
#art of t"e co))ission #a$ale or an$ reate of t"e #re)iu) s"o!n on t"e #olic$&
nor s"all an$ #erson ta0in' out or rene!in' or continuin' a #olic$ acce#t an$
reate& e-ce#t suc" reate as )a$ e allo!e% in accor%ance !it" t"e #ulis"e%
#ros#ectuses or tales of t"e insurer,
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OTHER COMPANY PROFILE
Ma7or insurance co)#an$ s"are in )ar0et
LIC :
,IRL* )UN LI/+ =&@A
BA2A ALLIAN\
TATA AI@ 8,
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Lifesa%er
Life Sa*er is %esi'ne% to )eet $our s#eci(c lon'4ter) sa*in' nee%s suc" as
e%ucation an% !e%%in' costs for $our c"il%ren& !it" t"e a%%e% reassurance of life
co*er to )eet t"ose costs in t"e unfortunate e*ent of $our %eat" efore t"e #olic$
)atures, lifesa*er ensures a*ailailit$ of a lu)# su) fun% to $ou on $our
sur*i*al at t"e en% of t"e #olic$ ter),
What is life )a%er?
Life Sa*er is a unitie% (-e% ter)& #rotection cu) sa*in's #lan,
Lifesa*er #ro*i%es co*er a'ainst %eat" as !ell as acci%ental %eat"W%isailit$ or
critical illness,
Lifesa*er can e #urc"ase% on an$ life et!een 8: to >= $ears an% for an$ ter)su7ect to a )ini)u) of = $ears an% t"e a'e of t"e insure% not e-cee%in' ; $ears
at )aturit$, Ho!e*er& for an$ ri%er co*er t"e )a-i)u) entr$ a'e is == $ears,
T"e )ini)u) #re)iu) is As,& =;; for $earl$& As,
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fun% is increase%
$ cre%it4in'
onuses on %ail$,
Co)#oun%in'
asis, A (nal
onus& if an$&)a$ also e
#a$ale at
)aturit$& %eat"
or at t"e ti)e of
surren%er ,T"e
fun% #ro*i%es
in*est)ent
securit$ to $our
ca#ital,
)ini)u)
e-#osure to
e5ualities
)ar0et, 'oo% alance
et!een ris0 an%
return,
Co)#osition .Ran'e /
Det
securities ;
48;;
+Juities ;4
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ICICI 0RUD+NTI*L LI/+ IN)UR*NC+
0R+2I+R LI/+
Ho! %oes Pre)ier Life !or0 for $ou
You can c"oose a s#eci(e% le*el of #rotection accor%in' to $our nee%, Parat of t"e
contriution #ai% is a%7uste% to!ar%s )ortalit$ an% a%)inistrati*e c"ar'es an% t"e
rest is in*este% in t"e in*es
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