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Pension

Pension Plans

COMPANY PRODUCT MAIN FEATURE

1. Bajaj Allianz 1. Future Secure Pure, Pure+Insurance

2. New UnitGain Easy Pension Plus Pure, Pure+Insurance


Annuity separate

3. Pension Guarantee Pure


Immediate Annuity

4. Swarna Vishranti Pure


Annuity separate

2. SBI Life 1. Horizon II Pension Pure, Pure+Insurance

2. Unit Life Pension II Pure


Annuity separate

3. Lifelong Pensions Pure, Pure+Insurance

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Pension

4. Immediate Annuity Pure, Pure+Insurance


Immediate Annuity

3. ICICI Pru 1. Life Link Super Pension Pure


Annuity separate

2. Life Time Super Pension Pure, Pure+Insurance

4. Birla Sunlife 1. Secure 58 Pure, Pure+Insurance


Annuity separate

2. Freedom 58 Pure
Annuity separate

3. FlexiSecure Life Retirement Plan II Pure, Pure+Insurance


Annuity separate

5. LIC 1. Jeevan Nidhi Pure+Insurance

2. Jeevan Akshay VI Pure, Pure+Insurance


Immediate Annuity

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Pension

3. New Jeevan Dhara I Pure, Pure+Insurance

4. New Jeevan Suraksha I Pure, Pure+Insurance

6. ING Vysya 1. Best Years Pure, Pure+Insurance


Immediate Annuity

2. Golden Life Pure, Pure+Insurance

3. New Future Perfect Pure, Pure+Insurance

7. Reliance 1. Super GYP Value Pure, Pure+Insurance


Annuity separate

2. TIPS II Pension Pure, Pure+Insurance


Annuity separate

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Pension

8. HDFC Standard 1. Immediate Annuity Immediate Annuity

2. Personal Pension Pure


Annuity separate

3. Unit Linked Pension II Pure+Insurance


Annuity separate

4. Unit Linked Pension Maximizer II Pure+Insurance


Annuity separate

9. Tata AIG 1. Invest Assure Future Pure


Annuity separate

2. IA Swarna Jeevan Pure


Annuity separate

3. Nirvana Pure+Insurance
Annuity separate

4. Nirvana Plus Pure+Insurance


Annuity separate

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Pension

5. Easy Retire Immediate Annuity

10. Max New York 1. Easy Life Retirement Plan Pure+Insurance

2. SMART Invest Pension Pure

11. Met Life 1. Advantage Plus Pure+Insurance


Annuity separate

2. Growth Pure+Insurance
Annuity separate

3. Pension Pure+Insurance
Annuity separate

12. Aviva 1. Pension Elite Pure

2. Pension Plus Pure

3. Secure Pension Pure

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Pension

AGE GROUP MINIMUM PREMIUM TERM

Entry: 18 to 60/65 Y-6K, HY-3K, 5 to 40


Vesting(min/max): 40/70 Q-1500, M-500

Entry: 18 to 60/65 Y-10K, HY-5K, 5 to 40


Vesting(min/max): 45/70 Q-2500, M-1K Single

Entry: 45 to 80 25K Single

Entry: 18 to 65 Y-5K, HY-2500, 5 to 40


Vesting(min/max): 45/70 Q-1250, M-500

Entry: 18 to 60 Y-12K, HY-6K, 10 to 52


Vesting(min/max): 50 to 70 Q-3K, M-1K

Entry: 18 to 65 Single: 25K Min 5


Vesting(min/max): 50 to 70 Y-24K, HY-12K,
Q-6K, M-2K

Entry: 18 to 65 . .
Vesting(min/max): 50 to 70

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Pension

Entry+Vesting(min/max): 50 to 70 premium which yields .


Min 250 pm

Entry: 18 to 70 25K 5 to 57
Vesting(min/max): 45 to 75

Entry: 18 to 70 10K 5 to 57
Vesting(min/max): 45 to 75

Entry: 18 to 80 9600 10 to 40
Vesting(max): 90

Entry: 18 to 80 10K Min 5

Entry: 18 to 65 Single:50K Single: min 5


Vesting(min/max): 50 to 70 Regular:5K Regular: min 10

Entry: 18 to 65 Single: 10K 6 to 35


Vesting(min/max): 40 to 75 Regular:3K

Entry: 40 to 79 Single: 50K Single

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Pension

Entry: 18 to 70 50K 2 to 35
Vesting(min/max): 40 to 75

Entry: 18 to 65 50K 2 to 35
Vesting(min/max): 40 to 75

Entry: 18 to 65 5K 5 to 52
Vesting(min/max): 40 to 70

Entry: 18 to 65/70 Single: 45K 5 to 30


Vesting(min/max): 5/10 to 57 Regular:15K/20K

Entry: 8 to 55 Y-15K, HY-8K, 5 to 25


Q-4K, M-1500

Entry: 18 to 59 Y-10K, HY-5K, Min 5


Vesting(min/max): 45 to 64 Q-2500, M-1K

Entry: 18 to 64 25K 10
Vesting(min/max): 28 to 70

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Pension

Entry+Vesting(min/max): 30 to 85 . Single

Entry: 18/35 to 60 . Regular: 10 to 40


Vesting(min/max): 50 to 70 Single

Entry: 18 to 65 Y,HY-12K, M-2400 10 to 40


Vesting(min/max): 50 to 75 max-1L

Entry: 18 to 65 Single: 50K Single


Vesting(min/max): 50 to 75

Entry: 18 to 65/70 Single: 25K Single: 5 to 35


Vesting(min/max): 45 to 75 Regular: 10K Regular/Limited:
10 to 35

Entry: 18 to 65 20K Max 40


Vesting(min/max): 45 to 75

Entry: 18 to 55 min cover 50K .


Vesting(min/max): 50 to 65

Entry: 18 to 45 . Min 15
Vesting(min/max): 55/58/60

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Pension

Entry+Vesting(min/max): 21 to 80 50K Single

Entry: 20 to 60 . 10 to 40
Vesting(min/max): 50 to 70 Single

Entry: 18 to 60 Single: 150K 10 to 52


Vesting(min/max): 50 to 70 Regular: 10K

Entry: 20 to 55 Single: 100K Min 10


Vesting(min/max): 45 to 65 Regular: 10K

Entry: 0 to 60 12K 15/20/25/30


Vesting(min/max): 18 to 75

Entry: 18 to 60 4K .
Vesting(min/max): 45 to 75

Entry: 18 to 60 50K .
Vesting(min/max): 40 to 70

Entry: 18 to 65 Single: 100K Min 5


Vesting(min/max): 40 to 70 Regular: <10yrs: 15K
>10yrs: 6K

Entry: 18 to 60 5K 10 to 40
Vesting(min/max): 40 to 75

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Pension

PLANS AVAILABLE
PLAN RISK RISK PROFILE

1. Asset Allocator High D:E 0/100:0/100


2. Liquid Pension Low D 100
3. Bond Pension Moderate D 100
4. Equity Growth High D:E 0/20:80/100
5. Equity Index Pension II High D:E 0/15:85/100
6. Accelarator MidCap High D:E 0/20:80/100
7. Pure Stock Pension High D:E 0/20:80/100

1. Liquid Pension Low D 100


2. Bond Pension Moderate D 100
3. Equity Growth High D:E 0/20:80/100
4. Equity Index Pension II High D:E 0/15:85/100
5. Accelarator MidCap High D:E 0/20:80/100
6. Pure Stock Pension High D:E 0/20:80/100

NA NA NA

NA NA NA

1. Equity Pension High D:E 0/20:80/100


2. Bond Pension Moderate MM:D 0/40:60/100
3. Money Market Pension Low MM 100

1. Equity Optimizer High D:E 0/40:60/100


2. Equity Pension High D:E 0/20:80/100
3. Bond Pension Moderate MM:D 0/40:60/100
4. Growth Pension High D:E 0/60:40/100
5. Balanced Pension Moderate D:E 40/60:40/60

NA NA NA

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Pension

NA NA NA

1. Pension RICH High D:E 0/20:80/100


2. Pension Flexi Growth II High D:E 0/20:80/100
3. Pension Multiplier II High D:E 0/20:80/100
4. Pension Flexi Balanced II Moderate D:E 40/100:0/60
5. Pension Balancer II Moderate D:E 60/100:0/40
6. Pension Protector II Low D 100
7. Pension Preserver Capital Preservation D 100
8. Pension Return Guarantee Low D 100

same as Life Link Super Pension same as Life Link Super Pension same as Life Link Super Pension

NA NA NA

1. Income Advantage Low D 100


2. Protector Low D:E 90/100:0/10
3. Builder Low D:E 80/90:10/20
4. Enhancer Moderate D:E 65/80:20/35
5. Maximizer High D:E 0/20:80/100

1. Nourish Low D:E 90/100:0/10


2. Growth Low D:E 80/90:10/20
3. Enrich Moderate D:E 65/80:20/35

NA NA NA

NA NA NA

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Pension

NA NA NA

NA NA NA

1. Capital Guarantee Fund Low Gsec >20%-40%


Approved Investments <60%

1. Pension Debt Moderate D 100


2. Pension Liquid Low MM 100
3. Pension Equity High D:E 85/100:0/15

1. Debt Fund Moderate D 100


2. Secure Fund Low D:E 80/90:10/20
3. Balanced Fund Moderate D:E 20/40:60/80
4. Growth Fund High D:E 40/60:40/60
5. Equity Fund High D:E 90/100:0/10

1. Money market fund Low MM 100


2. Balanced Fund Low D:E 80:20
3. Growth Fund Moderate D:E 60:40
4. Equity Fund High D:E 0:100
5. Infrastructure Fund High D:E 0:100
6. Energy Fund High D:E 0:100
7. Midcap Fund High D:E 0:100
8. Pure Equity Fund High D:E 0:100

1. Corporate Bond Fund Moderate MM:CD 0:100


2. Money market fund Low MM 100
3. Gilt Fund Moderate MM:GD 0:100
4. Equity Fund High D:E 0:100
5. Infrastructure Fund High D:E 0:100
6. Energy Fund High D:E 0:100
7. Midcap Fund High D:E 0:100
8. Pure Equity Fund High D:E 0:100

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Pension

NA NA NA

NA NA NA

1. Liquid Fund II Low MM 100


2. Stable Managed Fund II Low D 100
3. Secure Managed Fund II Low D 100
4. Defensive Managed Fund II Moderate D:E 70/85:15/30
5. Balanced Managed Fund II High D:E 40/70:30:60
6. Equity Managed Fund II High D:E 0/40:60/100
7. Growth Fund II High D:E 0/5:95/100

same as Unit Linked Pension II same as Unit Linked Pension II same as Unit Linked Pension II

1. Future Equity Pension High D:E 0/20:80/100


2. Future Income Pension Low D 100
3. Future Captital Guarantee Pension Low D:E 85:15
4. Future Growth Pension Moderate D:E 60/80:20/40
5. Future Balanced Pension Moderate D:E 80/100:0/20
6. Future Select Equity High D:E 0/100:0/100

1. Future Equity Pension High D:E 0/20:80/100


2. Future Income Pension Low D 100
3. Future Growth Pension Moderate D:E 60/80:20/40
4. Future Balanced Pension Moderate D:E 80/100:0/20
5. Future Select Equity High D:E 0/100:0/100

NA NA NA

NA NA NA

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Pension

NA NA NA

NA NA NA

1. Secure Fund Low D 100


2. Conservative Fund Low D:E 85/100:0/15
3. Balanced Fund Moderate D:E 60/90:10/40
4. Growth Fund High D:E 30/80:20/70
5. Growth Super Fund High D:E 0/30:70/100

NA NA NA

NA NA NA

NA NA NA

1. Pension Index High D:E 0/20:80/100


2. Pension Growth High D:E 40/80:20/60
3. Pension Balanced Moderate D:E 55/100:0/45
4. Pension Protector Low D:E 80/100:0/20

same as Pension Elite same as Pension Elite same as Pension Elite

NA NA NA

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Pension

SWITCH POLICY ANNUITY MODES

3 free 1. Life
2. Life 5/10/15/20 guarantee
3. Life+Return of Capital

3 free option to buy annuity from any


IRDA approved insurer on
retirement
1. Life
2. Life 5/10/15/20 guarantee
3. Life+Return of Capital

NA 1. Life
2. Life 5/10/15/20 guarantee
3. Life+Return of Capital

NA 1. Life

. 1. Life
2. Life + DB-sum of annuity paid
3. Life+Return of Capital
4. Life increasing annuity @1%/2%/3%
5. Life 5/10/15 guarantee
6. Life + Annuity @ 50%/100% to nominee

4 free same as Horizon II Pension

NA 1. Fixed
2. Increasing
5/10/15 yrs annuity options

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Pension

NA same as Horizon II Pension

4 free 1. Life
2. Life with return of purchase price
3. Guaranteed for 5/10/15yrs & life thereafter
4. Joint life,last survivor w/ return of purchase price
5. Joint life,last survivor w/o return of purchase price

4 free same as Life Link Super Pension

NA separate*

Switch not allowed separate*


risk profile change
allowed free

2 free separate*

NA 1. Life
2. Guaranteed for 5/10/15/20 yrs
3. Life+Return of Capital
4. Increasing annuity @3% pa
5. Joint life,last survivor w/ 50% return of purchase price

NA 1. Life
2. Guaranteed for 5/10/15/20 yrs
3. Life+Return of Capital
4. Increasing annuity @3% pa

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Pension
5. Life + Annuity to spouse after death @ 50%
6. Life + Annuity to spouse after death @ 100%

NA same as Jeevan Nidhi

NA same as Jeevan Nidhi

NA .

4 free 1. Life
2. Life+Return of Capital

2 free 1. Systematic w/d benefit available


2. Policy maturity at age 80

52 free 1. Life
2. Life+Return of Capital
3. Guaranteed for 5/10/15yrs & life thereafter

52 free separate*

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Pension

NA 1. 15yrs term increasing at 5% pa

NA separate*

24 free separate*

24 free separate*

12 free separate*

12 free separate*

NA separate*

NA separate*

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Pension

NA 1. Life

NA 1. Life
2. Guaranteed for 5/10/15/20 yrs
3. Life+Return of Capital

6 free 1. Life
2. Guaranteed for 5/10/15/20 yrs
3. Life+Return of Capital

NA separate*
8 options available

NA separate*

NA separate*
8 options available

4 free separate*

4 free separate*

NA separate*

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Pension

DEATH BENEFIT WITHDRAWAL POLICY

min: 5x after 3yrs


Plan A: FV FV-surrender charge
Plan B: SA+FV [1 – (1/1.10)^N ] * 1st yrs' premium

Lumpsum/Annuity option to nominee spouse after 3yrs


surrender charge: after 3yrs:
yr(in %): 4,5,6: 5,2,Nil

Capital under Return of capital plan not allowed

Lumpsum/Annuity option to nominee spouse after 3yrs surrender allowed

depending on annuity option chosen after 3yrs surrender charge


SA: 5x with max 1.2L,5L,10L YR4-10: 1% FV
YR11+: Nil

depending on annuity option chosen after 3yrs


Regular PremiumSA: 5x with max 1.2L,5L,10L Surrender Value=FV-charge
Regular PremiumSA: 1.25x with max 1.2L,5L,10L

SA: age <45:3L, >45:1L .

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Pension

depending on annuity option chosen not allowed

FV surrender charge: after 3yrs:


yr(in %): 3,4,5: 4,2,Nil

1. FV after 3yrs
2. min:1L, max:annual premium x policy term surrender charge:
yr(in %): 1,2,3,4,5+: 100,75,60,4,2,Nil

higher(75% of base + all renewal premiums,SV) surrender charge: yr(in%):


1-2,3,4,5,6,7,8,9,10: 100,60,55,50,40,30,20,10,Nil

Lumpsum/Annuity option to nominee spouse surrender charge: yr(in%):


1,2,3,4+: 27,20,13,Nil

Regular Premium SA: 1.1x , min 55K surrender charge: single:YR1:25%


Single Premium SA: 10x, min 50K surrender charge: yr(in%):
1,2,3,4+: 75,50,25,Nil

Lumpsum/Annuity option to nominee Guaranteed SV @ Regular-30%/Single-90% after 3yrs

depending on annuity option chosen not allowed

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Pension

During premium paying term death benefit: Guaranteed SV @ 90%-YR1 premium after 2yrs
Return of premiums w/ 1%,2%,3% returns

During premium paying term death benefit: Guaranteed SV @ 90%-YR1 premium after 2yrs
Return of premiums w/ 1%,2%,3% returns

lower(5x,1L) after 3yrs


SV=60% of balance

Lumpsum FV/Annuity option to nominee spouse Single: after yrs(in %): 4,5,6+: 5,2.5,1
Regular: after yrs(in %):
1,2,3,4,5,6+: 30,15,10,5,2.5,1

higher(SA,FV) after 3yrs


surrender charge: yr(in%): 4,5+: 2.5,1
partial w/d charge: 0.25%

5x to 50x after 3yrs


surrender charge: yr(in%): 4,5,6+: 10,5,Nil

Lumpsum FV/Annuity option to nominee spouse after 3yrs, max partial w/d:
4&5: 10%, 6-9:15, 10: 20%

Page 23
Pension

1. Portion/Full purchase price not allowed


2. Purchase Price-Annuity paid out

Regular: 1st yr: 80% of premium paid after 3yrs Min 50% of premiums paid guaranteed
Premiums paid+8% compounded
Single: 1st yr: 90% of premium paid
SA+Bonuses declared

FV+50% annual premium after 3yrs


no of premiums not paid in 1st 5yrs: % of fund value
4,3,2,1,0: 95,35,15,5,Nil

FV+10% single premium surrender charge: yr(in%):


1,2,3,4,5,6+: 5,4,3,2,1,Nil

FV after 3yrs: yrs(in %): 4,5,6,7+: 30,20,10,Nil

FV after 3yrs: yrs(in %): 4,5,6,7+: 30,20,10,Nil

depending on SA chosen SV

SA=1L/2L/4L SV
SA+Bonuses+Guaranteed Additions

Page 24
Pension

none not allowed

min 1L, max 1cr Single: min 80%


Regular: min 55%

FV Regular:
surrender charge: after yrs(in %):
1,2,3,4,5,6,7,8+: 100,45,40,35,30,25,20,Nil
Single:
surrender charge: after yrs(in %):
1,2,3,4,5,6,7,8+: 7,6,5,4,3,2,1,Nil

Option A: 110% of FV .
Option B: 100% of FV

SA: 5x/10x/20x .
higher(SA,FV)

50K,NL .

FV+25K after 3yrs, no surrender charge after 5yrs

FV after 3yrs, no surrender charge after 4yrs

FV Guaranteed SV at 30%

Page 25
Pension

COMPULSORY CHARGES

PREMIUM PAYMENT PREMIUM ALLOC CHARGE FUND MGMT CHARGE


FREQUENCY

Regular YR1: 16%-20% 4,6,7: 1.75%


YR2-10: 2%-5% 1,5: 1.25%
YR11+: Nil 2,3: 0.95%

Single, Regular YR1: 8%-16% 3,5,6: 1.75%


YR2+: 2% 4: 1.25%
1,2: 0.95%

Single NA NA

Regular NA NA

Regular YR1: 15% 1. 1.5%


YR2,3: 7.5% 2 1%
YR4-10: 1.5% 3. 0.25%
YR11+: Nil

Single, Regular YR1:9%-15% 1,2: 1.5%


YR2,3: 3%-7.5% 4: 1.25%
YR4,5: 3%-5% 5: 1.25%
YR6-10: 2% 3: 1%
YR11+: Nil
SINGLE: 2%-4%

Single NA NA

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Pension

Single NA NA

Single 2%-8% 1,2,3,8: 1.5%


4,5: 1%
6,7: 0.75%

Regular YR1: 14%-20% same as Life Link Super Pension


YR2: 9%
YR3-10: 1%
YR11+: Nil

Regular NA NA

Regular YR1: 10% 1,2,3: 1%


YR2,3: 2% 4: 1.25%
YR4+: Nil 5: 1.5%

Single, Regular Single: 3.5%-3.7% 1.00%


Regular:
YR1: 21%-23%
YR2+: 2.2%-3.7%

Single, Regular NA NA

Single NA NA

Page 27
Pension

Regular NA NA

Regular NA NA

Regular YR1: 10% 1.5%-2.5%


YR2+: 3%

Single, Regular Single: 4% 1. 0.75%


Regular: 2. 0.5%
YR1: 15%-18% 3. 1.5%
YR2: 4.5%
YR3-20: 2%
YR21+: 1%

Regular YR1: 45% 1: 0.75%


YR2,3: 7.5% 2: 1%
YR4: 4% 3,4: 1.25%
5: 1.5%

Regular YR1: 10%-15% 1,2,4,5,6,7,8: 1.5%


YR2+: 5% 3: 1.75%

Single, Regular Classic/Silver/Gold/Diamond/Platinum:


2,3,4: 1.25%
10: 20% (in %) 5,4,3,2,1 1,5,6,7,8: 1.5%
Exchange Option(in %) 3,2.5,2,1.5,0.5

Page 28
Pension

Single NA NA

Single, Regular NA NA

Single, Regular YR1: <5L=40%, >5L=20% 1.25%


YR2: 15%-20%
YR3+: 2%

Single YR1: <5L=7.5%, >5L=5% same as Unit Linked Pension II

Single, Regular, Limited Regular: 1. 1.25%


YR1: 13%-15% 2 1%
YR2: 12% 3. 1.5%
YR3-5: 3% 4. 1.1%
YR6+: Nil 5. 1.05%
Single: 2%-6% 6. 1.45%

Regular YR1: 25% 1. 1.25%


YR2-5: -1% 2 1%
YR6-10: -2% 3. 1.1%
YR11-15: -3% 4. 1.05%
YR16-20: -4% 5. 1.45%
YR21-25: -5%
YR26-30: -6%
YR31-35: -7%
YR36-40: -8%

Regular NA NA

Regular NA NA

Page 29
Pension

Single NA NA

Single, Regular NA NA

Single, Regular Regular: 1,2: 0.9%


YR1: 20%-30% 3: 1.1%
YR2+: Nil 4: 1.25%
Single: 4%-5% 5: 1.35%

Single, Regular NA NA

Regular NA NA

Single, Regular, Limited NA NA

Regular YR1: 15% 1. 0.75%


YR2: 10% 2. 1.5%
YR3: 2% 3. 1.25%
4 1%

Single, Regular Regular: same as Pension Elite


YR1: 7.5%-25%
YR2+: 2%
Single: 1%-2%

Regular NA NA

Page 30
Pension

POLICY ADMIN CHARGE TOPUP PREMIUM CHARGE

630, 5% inflating 2.00%

600, 5% inflating 2.00%


Single: <25K: 300,5% inflating
>25K: 600,5% inflating

NA NA

NA NA

70/MTH=840 YR1-10: 1.5%


YR11+: Nil

60/MTH=720, 2% inflating YR1-10: 1%


YR11+: Nil

YR1: 15% NA
YR2+: 5%

Page 31
Pension

NA NA

20/MTH=240 1.00%

40/MTH=480 1.00%

NA NA

First 10K 2.00%


YR1-3: 1.2%
YR4+: 0.6%
excess over 10K: 0.6%

35/MTH=420 1.00%

NA NA

NA NA

Page 32
Pension

NA NA

NA NA

ONE TIME :700 allowed

1st Month=1050 yes


subsequently: 50/MTH

1st Month=725 less than 1cr: 1%


Subsequently: 25/MTH more than 1cr: 0.5%

. 5.00%

1st yr: 60/MTH=720 2.00%


2nd yr+: 40/MTH=480

Page 33
Pension

NA NA

NA NA

60/MTH=720 Single: YR1: 2.5%


YR2: 2%

20/MTH=240 Single: YR1: 2.5%


YR2: 2%

Single: 25/MTH=300 1.50%


Regular: 55/MTH=660

<35K: 145/MTH=1740 1.50%


>35K: 195/MTH=2340

NA NA

NA NA

Page 34
Pension

NA NA

NA NA

50/MTH=600 .

NA NA

NA NA

NA NA

YR1-5: 99/MTH=1188 0
YR6+: 63/MTH=756

Single: 31/MTH=372 2.00%


Regular: 53/MTH=636

NA NA

Page 35
Pension

BENEFITS AVAILABLE/LIMITING FACTORS

1. Flexibility to increase/decrease SA
2. Riders available only with Plan B
3. Loyalty units yr 6-10, 11-15, 16-40 (in %):
0.1, 0.2, 0.3

option to buy annuity from any


IRDA approved insurer on
retirement

1. Immediate Annuity

1. Change of occupation to be notified

1. Funds are shifted to less risky assets as age uncreases

1. Regular loyalty additions at end of 10,15,20 yrs(in %): 10,20,30


2. Single loyalty additions at the end of 10,15,20yrs(in %):1,2,5
3. Option to change vesting date upto 2 times during the pollicy term

1. 4% guaranteed return upto 31/3/10

Page 36
Pension

1. Dependent on interest rates if thy decrease by >250bps

1. Automatic transfer option into equity funds available


2. No life cover

1. Automatic transfer option into equity funds available


2. Life cover optional

1. Guaranteed Vesting Benefits


2. Base premium:Survival benefits
9600-18800: base
19200-37200: base+5%
38400+: base+7%

1. Own Managed Portfolio option


2. Life Cycle Managed Portfolio

1. Life Cover Optional

1. Pension can start at age 40


2. 1st 5 yrs GA @ 50/k SA
3. with profit policy frm 6th yr onwards

1. No medical test

Page 37
Pension

1. Guaranteed SV @ 90%-YR1 premium after 2yrs

1. Guaranteed SV @ 90%-YR1 premium after 2yrs

1. Premium Holiday Option available


2. Deferrment of annuity option available upto 5yrs

1. Loyalty units @ 0.2%-0.3% of fund value added each yr


2. Aggressive and Standard Programs to choose from for equity exposure

Page 38
Pension

1. Asset Allocator/Own Portfolio Option


2. Loyalty addition of 50% of annual premium on vesting & death

1. Loyalty addition of 10% of single premium on vesting & death

1.Term: Guaranteed Bonus(% of Fund Value)


10-14, 15-19, 20-29, 30-35: 3,4.5,6,7
2. Premium Holiday Option

1. Loyalty additions every yr: in year: additional addition


2-5: 1%, 6-10: 2%, 11-15: 3%, 16-20: 4%, 21-25: 5%, 26-30: 6%,
31-35: 7%, 36-40: 8%
2. Systematic transfer from one fund to another possible
3. Automatic Asset Allocation Option Available

1. Loyalty addition of 10% of on vesting & death


2. Guaranteed SV of 30%
3. Automatic Premium Loan Option

1. No medical test between 18 to 45


2. 10% addition to SA for every 5yrs premium paid upto 70%
3. Automatic Premium Loan Option

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Pension

1. No medical test

1. Dynamic Fund Allocation Option


2. Premium payment through level premium/increasing premium by 5%

1. Annual Premium : Guaranteed Loyalty Addition(upto 120%)


12K-25K : 55%, 25K-200K : 60%, 200K+ : 70%
2. Addition at the end of 20yrs and 5yrs thereafter: 2% of FV

1. Guaranteed additions @ 10% of SA ath the end of 15yrs

1. Loyalty addition at 1%-4%

1. Increase in premium allowed by Indexation/Additional Regular Premium Methods

1. Guaranteed addition at 30/K for 1st 3yrs


2. Revisionary Bonus from 4th yr onwards
3. Guaranteed SV at 30%

Page 40
Pension

RIDERS AVAILABLE

1. Accidental Death Benefit


2. Accidental Permanent Total /Partial Disability Benefit
3. Critical Illness Benefit
4. Hospital Cash Benefit

1. Family Income Benefit


2. Comprehensive Accident Benefit
3. Critical Illness Benefit
4. Hospital Cash Benefit
5. Term Benefit

1. Accidental Death & Permanent Disability Benefit


2. Critical Illness Benefit

Page 41
Pension

1. Accidental Death & Disability Benefit


2. Waiver of Premium

1. Accidental Death & Dismemberment Benefit


2. Term Rider
3. Critical Illness Benefit
4. Critical Illness Plus
5. Critical Illness Woman

1. Accidental Death & Disability Benefit


2. Term Rider
3. Critical Illness Benefit

Page 42
Pension

1. Term Rider

1. Accidental Death & Disability Benefit


2. Term Rider
3. Major Surgical Benefit Rider
4. Critical Conditions Rider

Page 43
Pension

1. Term Rider
2. Critical Illness Benefit

1. Automatic Critical Illness Cover for 1st 3yrs


2. Automatic Accidental Death Option for 1x SA

Page 44
Pension

1. Accidental Death Benefit


2. Critical Illness Benefit

1. Accidental Death Benefit


2. Critical Illness Benefit
3. Waiver of Premium
4. Term Rider

Page 45