Future Guarantee Advantage Product Reckoner

Future Guarantee Advantage - An ideal ‘All-in-One’ Investment & Insurance package with Guaranteed Additions upto 165% of 1st year
annual premium

Sr.
Eligibility Criteria Simplified Underwriting
No.
1 Minimum Entry Age 30 days
2 Maximum Entry Age 50 years
3 Half Yearly Contribution required Rs 7990/-
4 Term 20 years. No surrender charge after 1st 5 policy years
5 Maximum Maturity Age 70 years (as on last birthday)
Multiple of SA for (Range) Multiple of SA for (Range)
Age (Yrs)
Std Age proof Non Std Age proof
6 Maximum Sum Assured 0 - 40 5 – 25 times 5 – 15 times
41 - 45 5 – 15 times 5 – 12 times
46 - 50 5 – 10 times 5 – 10 times
7 Premium Half Yearly Mode, In multiples of Rs. 7,990/-*

*Multiple policies upto maximum premium limits allowed, please refer to the Sum Assured table in the next page for your reference

Minimum Sum Assured is 5 times of the Annual premium

Benefits from the plan:

Sr.
Parameter Description
No.
Guaranteed Loyalty Addition of 1st year premium at Maturity
Maturity in Years 10 15 20
1 Guarantee
Guaranteed Loyalty Additions at Maturity as % of 1st
60% 110% 165%
Year Annual Premium (20 Year Term)
- Natural Death: Sum Assured + Fund Value (less Deductible Partial Withdrawals made during last 2 years
prior to the date of death) + Guaranteed Loyalty Addition (if death occurs after 8 policy years
- Accidental Death: 3 times Sum Assured + Fund Value (less Deductible Partial Withdrawals made during last 2
2 Death Benefit years prior to the date of death) + Guaranteed Loyalty Addition (if death occurs after 8 policy years)
In case of death after 8 yrs from the date of commencement and provided premiums have been paid
for at least 5 full years, then “Guaranteed Loyalty Addition at Maturity” will also be payable
No accidental benefit is payable if the life assured is a minor at the time of death under the policy
3 Maturity Benefit Fund Value as on the date of Maturity plus the Guaranteed Loyalty Additions at maturity
4 Surrender No surrender charges after 5 policy years premiums have been paid
• Partial withdrawal can be made after the policy has completed at least 7 full policy years
• 1 partial withdrawal is allowed per policy year free of charge
5 Partial Withdrawal • Minimum Partial Withdrawal amount is Rs.5,000 (& in multiples of thousands