SAMRIDHI PLUS Table no 804

(PLAN 804 OPENS FROM 25TH FEB,2011 FOR MAX 3 MONTHS ONLY)

Unique Features:-

Guaranteed Highest NAV 100 Months or NAV applicable @ the end of the term, which ever is higher
Instead of increasing mortality premium this plan offers level premium.
Allocation Charge and other charges are extremely low.
Partial withdrawal is allowed after 5 yrs twice in a policy year minimum amount of Rs.2000/-. Under Single Premium policies minimum balance of 25% is be maintained, In case of minors , partial withdrawals shall be allowed from life assured attains majority
Lowest allocation charges among all plans available in the market of such types of plans.
No exit Loads.
As the premium increase the charges reduce.
NIL Surrender charges after 5 years
A grace period of 30 days will be allowed for payment of yearly or half-yearly or quarterly premiums and 15 days for monthly (through ECS) premiums
No increase or decrease in benefit
It is a close-ended Guaranteed Returns Unit Linked Plan
Available for eligible persons 8 to 65 years of age
Fixed term of 10 years
Maturity Age 18 to 75 yrs
Option to pay single premium or regular premium for 5 years Yly, Hly, Qly & Mly (ECS only)
Minimum Premium:Rs.30,000 for Single
Rs.15,000 for Regular, Hly 8000/-
Rs. Qly 4000/-ECS 1500/-
Maximum Premium: For Regular Rs.100000/-
For Single - No Limit (Annualized Premiums shall be payable in multiple of Rs. 1,000 for other than ECS monthly. For monthly (ECS), the premium shall in multiples of Rs.250/-).

Sum Assured shall be available in multiples of Rs.5, 000

Death of the policy holder during the Policy Term when the cover is in full force:
Sum Assured or the fund value which ever is more shall be payable to the nominee
Maturity Benefit with Highest Guaranteed NAV
At the end of the policy term, fund value based on the Highest NAV over the first 100 Months or the NAV applicable at the end of the policy term, whichever is higher is payable.
Interest shall accrue from the date of discontinuance of the policy to the date of booking of liability Minimum Interest of 3.5% p.a. Payable for Discontinued Policies within 5 years

IT Benefits U/S 80 C & U/S 10.10.D of IT Act 1961*

ALLOCATION CHARGES-

OTHER CHARGES

Level Mortality Charge as per age at entry
FMC @ 0.90% p.a.
Policy Admin – @ Rs. 30 pm & with 3 % increase each year thereafter
Guarantee Charge – 0.40 % of Fund value
Miscellaneous Charge- Rs.50/-(For Alteration)
Discontinuation Charges
Service Charge 1.35% p.a
In case the policyholder does not agree with the revision of charges the policyholder shall have the option to withdraw the Policyholder’s fund value.

SAMRIDHI PLUS – Table NO. 804 ELIGIBILITY CONDITIONS
S u m A s s u r e d		Mode / Age	Below 45 years	45 years and above
	Minimum	Regular	10 x AP	7 x AP
	Minimum	Single	1.25 x SP	1.10 x SP
	Maximum	Regular	20 x AP	10 x AP
		Single	Age up to 55 years	Age 56 to 65 years
		Single	5 x SP	1.25 x SP

Illustration Mode Yly; Premium 1 Lac; SA 10 Lac

(Compare Allocation amount with other Insurer similar product)

The investment pattern will be as under

More than Capital Guarantee (Investment INR 1 Lac)

Fund Type	Govt. Securities	Short-term money market instruments	Listed Equity Shares
Samridhi Plus Fund	0% to 100%	0% to 100%	0% to 100%
Fund Spread	60-70% [Rate of Return 8% PA Rs.70000/-		30-40% INR 30000
10 Years	Rs.151124/-		Rs.120000
TOTAL	Rs.251124 [IRR 10.49%]

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