An insurance plan with theadvantage of Liquidity

The Plan

Ideal for those who are looking at a plan which offers them Protection, Savings and Liquidity.

A fixed term policy of 15 or 20 years. Premium has to be paid regularly during the

chosen term. Survival benefit payments are paid at regular

intervals to provide you with liquidity.

The Survival Benefits

Policy Term

15 years

Policy Term 20 years

3 10% 4 10%

6 15% 8 15%

9 20% 12 20%

12 25% 16 25%

15 (maturity)

50%, GA + VB

20 (maturity)

50%, GA+VB

Survival benefits are paid at the end of the year and as a % of the basic sum assured

GA – Guaranteed Additions

VB – Vested Bonuses

The Benefits

On Maturity At the end of the term, you get the last survival

benefit, guaranteed additions @3.5% compounded annually for the first 4 years as well as the vested bonuses.

On Death On death of the life assured, the beneficiary will

get the full sum assured, the guaranteed additions and the vested bonuses, irrespective of the survival benefits already paid.

Added Benefits

Loans : Not available. Surrender Value

Policy acquires a surrender value after 3 premium years.

The guaranteed surrender value is 35% of {All premiums paid – (first year’s premiums + rider premiums + extra premiums)}

Riders

Added protection to your family against any health hazards or unfortunate eventualities. Critical Illness Rider (Accelerated) Major Surgical Assistance Rider Accident and Disability Benefit Rider Accident Benefit Rider

Eligibility

Age : 16 – 55 years Maximum cover ceasing age : 70 years Minimum Sum Assured : Rs. 75,000 Term : 15 or 20 years Minimum Premium : Rs. 6,000 p.a.

CashBak – At a glanceMinimum Sum Assured Rs. 75,000 (Seventy Five Thousand)

Maximum Sum Assured Rs. 1,00,00,000 (One Crore)

Minimum Premium Yearly - Rs. 6,000, Half-yearly - Rs. 3,000 Monthly - Rs. 500

Minimum Age At Entry 16 Years

Maximum Age At Entry 55 Years

Maximum Maturity Age 70 Years

Term 15 Years & 20 Years

Sum Assured In Multiples Of Rs. 1,000

Premium Payment FrequenciesYearly, Half-yearly and Monthly. The monthly mode is only though ECS (Electronic Clearing Service)

Premium Payment Period Entire Term Of The PolicyDeath Benefit During The Term Of The Policy

Sum Assured + Guaranteed Additions @ 3.5% Compounded Annually (For The First 4 Years) + Vested Bonuses (If Any)

15 Years Plan / 20 Years Plan

3rd Year / 4th Year = 10% Of Sum Assured

6th Year / 8th Year = 15% Of Sum Assured

9th Year / 12th Year = 20% Of Sum Assured

12th Year / 16th Year = 25% Of Sum Assured15th Year / 20th Year = 50% Of Sum Assured + Guaranteed Additions @ 3.5% Compounded Annually (For The First 4 Years) + Vested Bonuses (If Any) - (Maturity)

Total = 120%

Maturity Benefits 50% Of Sum Assured + Guaranteed Additions @ 3.5% Compounded Annually (For The First 4 Years) + Vested Bonuses (If Any) - (Maturity)

Survival Benefit

CashBak – At a glance

Surrender / Paid Up After 3 Full Years Premiums Have Been Paid

Policy Loans No Policy Loans

Accident & Disability Benefit Rider (ADBR)

Accident Benefit Rider (ABR)

Critical Illness Benefit Rider (Accelerated) - CIBR

Major Surgical Assistance Rider - MSARRemarks Entire Death Benefit Will Be Paid Even If The Survival Benefits Have Been

Paid. There Will Be No Deductions Payouts Already Been Paid

* Age Is Defined As Age Nearer Birthday

* The Premium Table Applies To Male Lives. In Respect Of Female Lives, The Rates Will Be Those Applicable To Male Lives Two Years Younger.

Annual - 3% Of Premium

Half-yearly - 1% Of PremiumMonthly - There Is A Loading Of 5% On The Premium Except If The Payment is Made By ECS

Less Than 1,00,000 - Nil

1,00,000 - 1,99,999 - Re. 1.2

2,00,000 - 4,99,999 - Rs. 3 Per 1000

5,00,000 And Above - Rs. 4 Per 1000

Large Sum Assured Discount

Mode Of Payment Discount

Notes

Riders Allowed

Underwriting Guidelines

Initial Requirements Proposal FormACRAge Proof (Non Std acceptable with extra premiums and restrictions)Minor Lives Questionnaire (If age of LA is between 0 and 14)Deposit receipt

Medical RequirementsAs applicable under special medical examination chart if the proposal is not covered J ET scheme.

J ET (Non-medical) Scheme Allowed under J ET (non - medical) schemeRating factor for SA 1

Keyman Insurance NA