npavan78
06-07-2008, 10:32 AM
In this policy the investment risk in investment portfolio is borne by the policyholder.
Highlights
Guaranteed Maturity Benefits
Options to double or triple the Guaranteed Maturity Benefit by choosing 200%or 300% options.
100% premium allocation to optimise savings
Sum Assured(Basic and Enhanced) plus the greater of fund value and Guaranteed fund value is paid as death benefit.
Enhanced Sum Assured - Choice to enhance life cover anytime during the policy term at minimal additional cost
YOU AND YOUR DREAM…
As we go through life, we all have dreams, for ourselves and our loved ones. We endeavor to shape our dreams and bring our dreams to reality in the best possible way.
To make those dreams possible you need financial freedom and confidence. That's exactly where the Birla Sun Life Dream Plan comes in. It is a thoughtfully designed savings plan that enables you to achieve your dreams.
It helps you to save today … to Secure your and your loved ones future.
and yes, it has … Our Commitment.
PLAN SOLUTION
Dream Plan is a long-term Unit Linked insurance plan that is specifically designed to provide financial security for your future requirements. With us, your future is guaranteed.
Plan combines a guaranteed return on your savings with upside potential based on the performance of the investment funds you decide to invest in. No matter what the future performance of the investment funds is, you are always guaranteed a minimum amount at maturity.
Plan also ensures your nominee, in case of your demise, will get the sum assured you choose plus the value of your savings to date and we guarantee your savings will have earned no less than 3% per annum till date.
ELIGIBILITY
Policy have some criteria you should consider.
You can choose a plan term ranging from 5 to 25 years
You, the Life Insured, must be 18 to 60 of age at entry
You must be of age 75 or younger when your plan matures
The Guaranteed Maturity Benefit you choose must be at least:
Rs. 75,000 for the 100% Guaranteed Maturity option
Rs. 37,500 for the 200% Guaranteed Maturity option
Rs. 25,000 for the 300% Guaranteed Maturity option
The Enhanced Sum Assured you choose, if any, must be at least Rs. 50,000.
YOUR OPTIONS
You are considering this plan for acquiring financial security in future. With us, you are guaranteed to succeed, no matter what happens.
So start today!
Choose the Guaranteed Maturity Benefit
The first step is for you to decide on the amount you want to receive at maturity guaranteed. This is the Guaranteed Maturity Benefit.
This plan combines a guaranteed return on your savings with upside potential based on the performance of the investment funds you decide to invest in. You are therefore assured that you will receive no less than the Guaranteed Maturity Benefit when this plan matures.
Choose the Guaranteed Maturity Option
Our Dream Plan comes with three Guaranteed Maturity Options designed to allow you to secure more for yourself with three separate maturity amount payout schedules. Choose one of the three Guaranteed Maturity Options and you will receive:
Year End 100% Option 200% Option 300% Option
at maturity 100% 100% 100%
+ 1 year -- 20% 25%
+ 2 year -- 20% 25%
+ 3 year -- 20% 25%
+ 4 year -- 20% 25%
+ 5 year -- 20% 100%
Total 100% 200% 300%
As a percentage of the Guaranteed Maturity Benefit.
Don't forget, your plan has further upside potential. You will get this upside, if any, together with the last installment of the Guaranteed Maturity Benefit.
Choose the Investment Fund(s)
Policy offer three investment funds to suit your particular investment needs - Protector, Builder and Enhancer. Simply tell us in which investment fund(s) you want your premium to be invested in. You can decide to invest in only one investment fund or in a combination of all three - it's your choice. Also, you can change your mind at any time for future premiums and can even switch existing investments in one investment fund to another.
Choose the Additional Protection
A Basic Sum Assured is associated with the Guaranteed Maturity Benefit you choose. This amount is paid in the unfortunate event that you die while your plan is in effect. We give you the option to increase this protection to suit your particular insurance needs. Simply specify the amount you want (the Enhanced Sum Assured) in addition to the Basic Sum Assured and your insurance protection will equal the sum of the Basic and Enhanced Sum Assured.
BEFORE YOU CONTINUE READING …
All Unit Linked life insurance plans are different from Traditional insurance plans and are subject to different risk factors. The name of the investment funds and that of this plan do not in any way indicate the quality of the plan or future returns.
In this plan, the investment risk in the investment funds chosen by you is borne by you. Investment funds are subject to investment risks associated with the capital markets and unit prices may go up or down reflecting the market value of the underlying assets. Past performance is no guarantee of future results.
We do however guarantee the payment of the Guaranteed Maturity Benefit as described in this document, provided all policy premiums are paid when due.
Premiums
Your financial advisor will provide you with the annual policy premium specific to the plan you are considering. The annual policy premium is based on:
the Guaranteed Maturity Benefit and Option you choose
the Enhanced Sum Assured you desire
the plan term and your gender and age at entry; and
the premium associated with any riders you add.
You can also increase your savings at any time by paying additional amounts over and above the policy premium - this is known as top-up premiums. Each top-up premium must be Rs. 500 or more provided your total top-up premiums to date does not exceed 25% of your total policy premiums to date. We do accept top-up premiums in excess of 25% of your total policy premiums to date, but in this case, the minimum top-up premium is Rs. 5,000 and your Enhanced Sum Assured will be increased by 125% of the excess of your top-up premiums over 25% of policy premiums to date, subject to evidence of insurability satisfactory to us.
Highlights
Guaranteed Maturity Benefits
Options to double or triple the Guaranteed Maturity Benefit by choosing 200%or 300% options.
100% premium allocation to optimise savings
Sum Assured(Basic and Enhanced) plus the greater of fund value and Guaranteed fund value is paid as death benefit.
Enhanced Sum Assured - Choice to enhance life cover anytime during the policy term at minimal additional cost
YOU AND YOUR DREAM…
As we go through life, we all have dreams, for ourselves and our loved ones. We endeavor to shape our dreams and bring our dreams to reality in the best possible way.
To make those dreams possible you need financial freedom and confidence. That's exactly where the Birla Sun Life Dream Plan comes in. It is a thoughtfully designed savings plan that enables you to achieve your dreams.
It helps you to save today … to Secure your and your loved ones future.
and yes, it has … Our Commitment.
PLAN SOLUTION
Dream Plan is a long-term Unit Linked insurance plan that is specifically designed to provide financial security for your future requirements. With us, your future is guaranteed.
Plan combines a guaranteed return on your savings with upside potential based on the performance of the investment funds you decide to invest in. No matter what the future performance of the investment funds is, you are always guaranteed a minimum amount at maturity.
Plan also ensures your nominee, in case of your demise, will get the sum assured you choose plus the value of your savings to date and we guarantee your savings will have earned no less than 3% per annum till date.
ELIGIBILITY
Policy have some criteria you should consider.
You can choose a plan term ranging from 5 to 25 years
You, the Life Insured, must be 18 to 60 of age at entry
You must be of age 75 or younger when your plan matures
The Guaranteed Maturity Benefit you choose must be at least:
Rs. 75,000 for the 100% Guaranteed Maturity option
Rs. 37,500 for the 200% Guaranteed Maturity option
Rs. 25,000 for the 300% Guaranteed Maturity option
The Enhanced Sum Assured you choose, if any, must be at least Rs. 50,000.
YOUR OPTIONS
You are considering this plan for acquiring financial security in future. With us, you are guaranteed to succeed, no matter what happens.
So start today!
Choose the Guaranteed Maturity Benefit
The first step is for you to decide on the amount you want to receive at maturity guaranteed. This is the Guaranteed Maturity Benefit.
This plan combines a guaranteed return on your savings with upside potential based on the performance of the investment funds you decide to invest in. You are therefore assured that you will receive no less than the Guaranteed Maturity Benefit when this plan matures.
Choose the Guaranteed Maturity Option
Our Dream Plan comes with three Guaranteed Maturity Options designed to allow you to secure more for yourself with three separate maturity amount payout schedules. Choose one of the three Guaranteed Maturity Options and you will receive:
Year End 100% Option 200% Option 300% Option
at maturity 100% 100% 100%
+ 1 year -- 20% 25%
+ 2 year -- 20% 25%
+ 3 year -- 20% 25%
+ 4 year -- 20% 25%
+ 5 year -- 20% 100%
Total 100% 200% 300%
As a percentage of the Guaranteed Maturity Benefit.
Don't forget, your plan has further upside potential. You will get this upside, if any, together with the last installment of the Guaranteed Maturity Benefit.
Choose the Investment Fund(s)
Policy offer three investment funds to suit your particular investment needs - Protector, Builder and Enhancer. Simply tell us in which investment fund(s) you want your premium to be invested in. You can decide to invest in only one investment fund or in a combination of all three - it's your choice. Also, you can change your mind at any time for future premiums and can even switch existing investments in one investment fund to another.
Choose the Additional Protection
A Basic Sum Assured is associated with the Guaranteed Maturity Benefit you choose. This amount is paid in the unfortunate event that you die while your plan is in effect. We give you the option to increase this protection to suit your particular insurance needs. Simply specify the amount you want (the Enhanced Sum Assured) in addition to the Basic Sum Assured and your insurance protection will equal the sum of the Basic and Enhanced Sum Assured.
BEFORE YOU CONTINUE READING …
All Unit Linked life insurance plans are different from Traditional insurance plans and are subject to different risk factors. The name of the investment funds and that of this plan do not in any way indicate the quality of the plan or future returns.
In this plan, the investment risk in the investment funds chosen by you is borne by you. Investment funds are subject to investment risks associated with the capital markets and unit prices may go up or down reflecting the market value of the underlying assets. Past performance is no guarantee of future results.
We do however guarantee the payment of the Guaranteed Maturity Benefit as described in this document, provided all policy premiums are paid when due.
Premiums
Your financial advisor will provide you with the annual policy premium specific to the plan you are considering. The annual policy premium is based on:
the Guaranteed Maturity Benefit and Option you choose
the Enhanced Sum Assured you desire
the plan term and your gender and age at entry; and
the premium associated with any riders you add.
You can also increase your savings at any time by paying additional amounts over and above the policy premium - this is known as top-up premiums. Each top-up premium must be Rs. 500 or more provided your total top-up premiums to date does not exceed 25% of your total policy premiums to date. We do accept top-up premiums in excess of 25% of your total policy premiums to date, but in this case, the minimum top-up premium is Rs. 5,000 and your Enhanced Sum Assured will be increased by 125% of the excess of your top-up premiums over 25% of policy premiums to date, subject to evidence of insurability satisfactory to us.