BSLI Dream Plan

When markets are faring well, you should be able to make the most of their up moves. At the same time, you would like to know that when they turn rough, you will still receive a guarantee. Assuring you guaranteed returns and market linked benefits, the BSLI Dream Plan is the ideal plan for your future.   Guaranteed maturity benefit as chosen by you   Choose your guaranteed amount at maturity. Also, earn market linked returns benefit from getting the higher of either the Guaranteed Maturity or fund value. The plan also offers you a Guaranteed Fund value equalling all the premiums you pay, minus the charges, and Guaranteed Maturity Benefit that is accumulated at 3% per annum.   Wide choice of funds to suit your risk profile   The BSLI Dream Plan offers you a choice of funds to suit your risk profile and earn returns from the market.   Investment Fund Option Risk Profile Asset Allocation Min. Max. Protector Low Debt Instruments, Money market and Cash 90% 100% Equities and Equity related Securities 0% 10% Builder Low Debt Instruments, Money Market & Cash 80% 90% Equities & Equity Related Securities 10% 20% Enhancer Medium Debt Instruments, Money Market & Cash 65% 80% Equities & Equity Related Securities 20% 35% Note for Asset Allocation: In each Investment Fund Option, the Money Market & Cash asset allocation will not exceed 40%. Money Market Instruments are debt instruments of less than one-year maturity. They include mutual funds, collateralized borrowing & lending obligation, certificate of deposits, commercial papers, etc. Investment in Money Market Instrument supports better liquidity management.   Protection for your family with the life cover   The BSLI Dream Plan offers you a basic sum assured, linked to the Guaranteed Maturity Benefit that you choose. Additional option to increase your life cover is available through Enhanced Sum Assured. All you need to do is specify the additional cover and your insurance would equal the basic as well as the enhanced sum assured. On your death, your nominee would be entitled to your Basic Sum Assured, Enhanced Sum Assured plus the higher of the Guaranteed Fund Value or Fund Value.   More Benefit   Double or Triple Guaranteed Maturity Benefit: Choose between the range of Guaranteed Maturity Options of 100%, 200% or 300% as per the following table. The 200% and 300% options offer you additional benefits even after your policy matures.   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% Note: 100%, 200% and 300% options are as a percentage of the Guaranteed Maturity Benefit   Partial Withdrawals: The plan offers you the flexibility of partial withdrawal after completion of 3 policy years. The minimum amount permitted for a partial withdrawal is Rs. 5000 and the maximum is the excess of the fund value over the Guaranteed Fund Value.   Surrender: You have the freedom to surrender your policy at any time during the term of the policy. After 3 years of completion of your policy, no charges are collected for surrendering the policy.     Plan Summary   Entry Age Life Insured: 18 years – 60 years Policy Term 5 to 25 years (Maximum maturity age is 75 years) Riders Accidental Death & Dismemberment Benefit (ADD) Guaranteed Fund Value Equals all premiums paid, less charges and guaranteed maturity benefit(s), Partial Withdrawals Allowed after 3 complete policy years Investments Funds Protector,Enhancer,Builder Tax Benefit Under Section 80C and 10(10D) of the Income Tax Act,1961

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Launch of Birla Sunlife Platinum Plus IV

'Highest NAV in 7 years…Guaranteed'

Applications to participate in Platinum Plus Fund IV will be accepted until 15 December, 2009.

 

We are pleased to inform you that Birla Sunlife Insurance Company has relaunched the "Birla Platinum Plus IV" .The product details of the new product"Birla Sunlife Platinum Plus IV" are similar to the product"Platinum plus III" which offers both Wealth & Protection by Highest NAV Guarantee and 100% liquidity after 3 years.So, in order to refresh you with the product,the details of the product are being mentioned below:

    

This product protects not only your NAV but its growth too. So participate in equity markets with highest NAV of 7 years as guaranteed on maturity coupled with a Limited Premium Paying Term of 3 years!!!

 

Objective:

To optimize the participation in actively managed well diversified equity portfolio of fundamentally strong Blue Chip Companies while using Debt instruments & Derivatives to lock-in capital appreciation.

 

Key Features:

Ø      Limited Premium Paying Term of 3 yrs.

Ø     Advantage Partial Withdrawals after 3 Policy years to curb liquidity crunch without any charge.

Ø      Full liquidity after 3 Policy years i.e 100% Fund Value.

Ø      Best of Class Investment in Platinum Plus IV Fund.

 

Boundary Conditions:

 

Policy Term	10 years
Min/Max Age at Entry	18 – 70 yrs
Max Age at Maturity	80 years
Minimum SA	5* Annual Premium
Minimum Annual  Premium	Rs 50,000 for Annual Mode,  Rs 25,000 for Half – Yearly Mode,  Rs 15,000 for Quarterly Mode,  Rs 10,000 for Monthly Mode.
Fund Options	100% in Platinum Plus Fund IV
Premium Payment Terms	3 yrs with Annual/Semi-annual/Quarterly/Monthly Mode
Tax Benefits	Avail Benefits under Sec 80C and Sec 10(10D)

 

Maturity Benefits:

On maturity the Life insured will receive the Higher of:-

Policy Fund Value OR {Highest NAV of 7 yrs X No of Units at Maturity}.

 

Death Benefit:

In the event of death the nominee will receive: Higher of Fund Value or Sum Assured.

 

Product Pitches:

 

1.     A perfect solution for Fixed Income Investors :-

Give your Fixed Income Investors the cushion of Guarantee coupled with Equity Return.

 

2.      Get Best of both Worlds – Highest NAV in 7 years guaranteed at Maturity boosting both Wealth & Protection.

 

3.      Get the Best out of Life Guaranteed' – Platinum Plus IV lets you participate in Equity market with protection against downside risk through Guaranteed Maturity Unit Price (GMUP) and  Risk cover to suit your needs, its not get all this with a limited PPT.

 

 

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