Benefit Illustration For SUD Life Assured Income Plan (UIN: 142N045V03), Non-Linked Non-Participating Product (This shall

form a part of the Policy

Document)

Life Assured Details Other Details

Name Of The Policyholder: Annual Payout: 60,000 Deferment Period: 0 Years

Age (In Years): 27 Guaranteed Maturity Benefit: 10,91,400 Payout Period: 25 Years
Gender: Male Distribution Channel: Corporate Agents
Standard Age Proof: Yes

Installment
Annualized Premium Goods and Services
Premium (Including
Policy Term/ (Including NSAP Tax on Installment Total Installment Premium
Mode of Premium NSAP loading, if
Name Sum Assured Premium Paying loading, if any) without Premium (Including (NSAP loading, if any) with
Payment any) without Goods
Term (In Years) Goods and Services Tax NSAP loading, if Goods and Services Tax (Rs)
and Services Tax
(Rs) any) (Rs)
(Rs)

Yr1 : 4,911 Yr1 : 1,14,051

SUD Life Assured Income Plan 12,01,000 35/10 Annual 1,09,140 1,09,140
Yr2+: 2,456 Yr2+: 1,11,596

SUD Life Accidental Death and Total

Yr1 : 0 Yr1 : 0
& Permanent Disability Benefit Rider - NA 0/0 NA 0
Yr2+: 0 Yr2+: 0
Traditional

Yr1 : 4,911 Yr1 : 1,14,051

Total 1,09,140
Yr2+: 2,456 Yr2+: 1,11,596

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Benefit Illustration For SUD Life Assured Income Plan (UIN: 142N045V03), Non-Linked Non-Participating Product (This shall form a part of the Policy
Document)

In Years Figures in Rs

Annualized Premium at Guaranteed Benefit

the Beginning of Policy
Year (excluding Rider Annual Payout
Policy Year Age of the Life Premium, NSAP Death Sum (Payable at the Guaranteed Maturity Guaranteed Surrender
Assured (in years) loading, if any and all Assured during Beginning of the year) Benefit (Payable at the Value at the End of the
extra premium, Goods the Policy Term end of the year) year after payment of
and Services Tax) Annual Payouts

1 27 1,09,140 12,01,000 0 0 0

2 28 1,09,140 12,01,000 0 0 65,484

3 29 1,09,140 12,01,000 0 0 1,30,968

4 30 1,09,140 12,01,000 0 0 2,18,280

5 31 1,09,140 12,01,000 0 0 2,83,764

6 32 1,09,140 12,01,000 0 0 3,40,517

7 33 1,09,140 12,01,000 0 0 4,04,909

8 34 1,09,140 12,01,000 0 0 4,71,485

9 35 1,09,140 12,01,000 0 0 5,69,711

10 36 1,09,140 12,01,000 0 0 6,54,840

11 37 0 12,01,000 60,000 0 6,16,668

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Benefit Illustration For SUD Life Assured Income Plan (UIN: 142N045V03), Non-Linked Non-Participating Product (This shall form a part of the Policy
Document)

In Years Figures in Rs

Annualized Premium at Guaranteed Benefit

the Beginning of Policy
Year (excluding Rider Annual Payout
Policy Year Age of the Life Premium, NSAP Death Sum (Payable at the Guaranteed Maturity Guaranteed Surrender
Assured (in years) loading, if any and all Assured during Beginning of the year) Benefit (Payable at the Value at the End of the
extra premium, Goods the Policy Term end of the year) year after payment of
and Services Tax) Annual Payouts

12 38 0 12,01,000 60,000 0 5,78,496

13 39 0 12,01,000 60,000 0 5,29,410

14 40 0 12,01,000 60,000 0 4,91,238

15 41 0 12,01,000 60,000 0 4,42,152

16 42 0 12,01,000 60,000 0 4,03,980

17 43 0 12,01,000 60,000 0 3,65,808

18 44 0 12,01,000 60,000 0 3,16,722

19 45 0 12,01,000 60,000 0 2,78,550

20 46 0 12,01,000 60,000 0 2,40,378

21 47 0 12,01,000 60,000 0 2,13,120

22 48 0 12,01,000 60,000 0 2,07,690

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Benefit Illustration For SUD Life Assured Income Plan (UIN: 142N045V03), Non-Linked Non-Participating Product (This shall form a part of the Policy
Document)

In Years Figures in Rs

Annualized Premium at Guaranteed Benefit

the Beginning of Policy
Year (excluding Rider Annual Payout
Policy Year Age of the Life Premium, NSAP Death Sum (Payable at the Guaranteed Maturity Guaranteed Surrender
Assured (in years) loading, if any and all Assured during Beginning of the year) Benefit (Payable at the Value at the End of the
extra premium, Goods the Policy Term end of the year) year after payment of
and Services Tax) Annual Payouts

23 49 0 12,01,000 60,000 0 2,02,260

24 50 0 12,01,000 60,000 0 1,96,830

25 51 0 12,01,000 60,000 0 1,91,400

26 52 0 12,01,000 60,000 0 2,40,540

27 53 0 12,01,000 60,000 0 2,35,110

28 54 0 12,01,000 60,000 0 2,29,680

29 55 0 12,01,000 60,000 0 2,78,820

30 56 0 12,01,000 60,000 0 3,27,960

31 57 0 12,01,000 60,000 0 3,77,100

32 58 0 12,01,000 60,000 0 4,26,240

33 59 0 12,01,000 60,000 0 4,75,380

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Benefit Illustration For SUD Life Assured Income Plan (UIN: 142N045V03), Non-Linked Non-Participating Product (This shall form a part of the Policy
Document)

In Years Figures in Rs

Annualized Premium at Guaranteed Benefit

the Beginning of Policy
Year (excluding Rider Annual Payout
Policy Year Age of the Life Premium, NSAP Death Sum (Payable at the Guaranteed Maturity Guaranteed Surrender
Assured (in years) loading, if any and all Assured during Beginning of the year) Benefit (Payable at the Value at the End of the
extra premium, Goods the Policy Term end of the year) year after payment of
and Services Tax) Annual Payouts

34 60 0 12,01,000 60,000 0 5,24,520

35 61 0 12,01,000 60,000 10,91,400 0

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Benefit Illustration For SUD Life Assured Income Plan (UIN: 142N045V03), Non-Linked Non-Participating Product (This shall form a part of the Policy
Document)

The commission payable under this product is subject to limits set under section 40A of the Insurance Act,1938, which is as mentioned below:

Policy Year Maximum Commission allowed as % of Premium

Single Premium Policies Non-Single Premium deferred annuity Policies All other non-single premium policies

1st Year 2% 7.50% 35% (40% for insurers in 1st 10 years of business)
2nd & 3rd Years NA 2% 7.50%
4th Year onwards NA 2% 5%

Terms and Conditions

1. Rate of Return Assumed in the Sales Illustration

As this is a non linked non participating plan, where all benefits are guaranteed, rate of return is not applicable.
2. Death Benefit
In addition to the Death Sum Assured, the following benefit will also be paid.
1. Additional Annual Payouts : Annual payout (as chosen by the Policyholder) is payable from the next policy anniversary following the date of death till the beginning of the Scheduled
Annual Payouts.
2. Scheduled Annual Payouts:Annual payouts (as chosen by the Policyholder) will be paid at the beginning of each policy year during the payout period as chosen by the policyholder at the
inception of the policy .
3. Rider Benefit
The following is the Rider available under the plan.
1. SUD Life Accidental Death and Total & Permanent Disability Benefit Rider - Traditional (UIN - 142B005V01)
Benefits Available under the Rider, if opted for:
a. Accidental Death benefit : On death of the Life Assured due to Accident, 100% of Rider Sum Assured will be paid provided the policy is in force as on the date of death of the Life
Assured and the Rider contract ceases thereafter.

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Benefit Illustration For SUD Life Assured Income Plan (UIN: 142N045V03), Non-Linked Non-Participating Product (This shall form a part of the Policy
Document)

b. Accidental Total and Permanent disability benefit : Rider Sum Assured will be paid in 10 equal half-yearly installments wherein each installment amount will be equal to Rider Sum
Assured multiplied by 10%, provided the policy is in force( as on the date of occurrence of event) and the Rider contract will cease after payment of the last instalment.
4. Surrender Benefit for Base Plan
Surrender of the base policy is allowed after 2 full year's premiums have been paid. Surrender Value payable will be higher of Guaranteed Surrender Value and Special Surrender Value.
(calculated according to the basis and method in use from time to time.)
Guaranteed Surrender Value = {Guaranteed Surrender Value Factor x Total premiums paid (upto the date of surrender, excluding taxes and extra premiums if any)} less Total Annual Payouts
paid.
5. Tax Benefits
Premiums payable and benefits receivable under this plan are eligible for tax benefits as per the prevailing tax laws. W.e.f. from April 01, 2012, to qualify for tax benefit on premium(s) paid under
section 80 C & for tax benefit on maturity/survival proceeds under section 10 (10 D) of the IT Act, 1961, the sum assured should not be less than 10 times the annualised/single premium. Please
consult your tax advisor for details
6. Proposal Deposit
The proposal deposit receipt given in respect of the consideration amount paid to the company does not bind the company to accept the risk on the life of the life proposed under the proposal
for insurance.
The above premium is for a healthy individual and would be subject to underwriting.
Any extra premiums charged are subject to underwriting of proposal, and may change based on the board approved underwriting guidelines. The extra premium to be charged for Non Standard
Age Proof cases (NSAP) is Rs. 1.5 per thousand Sum Assured.
7. About Star Union Dai-ichi Life Insurance Company Limited
Star Union Dai-ichi Life insurance is the name of the company and 'SUD Life Assured Income Plan' is only the name of the Plan and does in no way indicate the quality of the policy, its future
prospects or returns.
8. The minimum death benefit is guaranteed during the term and is payable to nominee / legal heirs.
9. Goods and Services Tax will be charged on premiums as per prevailing tax laws. The rate currently applicable for Base Plan is 4.50% on the first year premium and 2.25% on renewal premium.
The rate currently applicable on Rider Plan is 18%.This is subject to any change in the tax rate.
10. For more details on risk factor, terms and conditions, please read the Sales brochure of the plan carefully before concluding a sale.
In case you require any clarification, please consult your insurance advisor or call our office.

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Benefit Illustration For SUD Life Assured Income Plan (UIN: 142N045V03), Non-Linked Non-Participating Product (This shall form a part of the Policy
Document)

I .............................................. (Name), having received the information with respect to the above, have understood the above statement before entering into the contract.
Signature of the Specified Person / Agent / Other Sales Representative :

Company Seal: Policyholder's signature

Name of the Specified Person / Agent / Other Sales Representative :

Specified Person / Agent / Other Sales Representative Code :
Place:
Date: