Future child benefit

plan
Age criteria
Minimum Age at Entry 20 years
Maximum Age at Entry 55 years
Minimum Age at Maturity NA
Maximum Age at Maturity 70 yrs
Policy term
plan option-child 21
minimum policy term 8 yrs
maximum policy term 21 yrs
plan option-child 23
minimum policy term 10 yrs
maximum policy term 23 yrs
Premium paying term
Min Premium Paying term-for child 21 5 yrs
Max Premium Paying term-for child 21 18 yrs
Min Premium Paying term-for child 23 5 yrs
Max Premium Paying term-for child 23 18 yrs
Sum assured
Minimum Sum Assured Rs.50,000
Maximum Sum Assured Rs.50,00,000
Premium
Depends on age, sum assured
Minimum Premium/ Investment and policy term as per companies
standard premium rate

Maximum Premium No Limit

Yearly ,Half yearly- 52% of

yearly premium,Quarterly-26.5%
Premium Payment Frequency
of yearly premium,Monthly-
8.83% of yearly prem (ECS)

Total Permanent Disability

Rider- In built in policy itself
Riders Offered Life Guardian Rider till age 18-
In built in policy itself

Policy type particpating plan

Sum Assured - immeditely after
death to the nominee, balance
Death benefit premium waived off and again
maturity benefit as per normal
plan
 The final amount of fixed benefits as per the plan

•Plus Guaranteed additions

•Plus vested bonus

Future Child Benefit @21 Plan

Payable on the policy % of Sum

anniversary Assured
3 years prior to maturity 15%
2 years prior to maturity 25%
1 years prior to maturity 25%
35% + vested
Maturity Benefit At maturity
bonus
+guaranteed
additions*

Future Child Benefit @23 Plan

Payable on the policy % of Sum
anniversary Assured
5 years prior to maturity 10%
4 years prior to maturity 15%
3 years prior to maturity 15%
2 years prior to maturity 15%
1 years prior to maturity 20%
25% + vested
bonus
At maturity
+guaranteed
additions*
If policy acquired surrender value,loan is available
to the extent of 90% of surrender value in an in-
force policy and 85%in a paid-up policy
Loan Facility
*Loan is applicableonly for those policies where
the claims are not paid(death claim or ATPD
benefit availed )
Tax benefits will be as per section 80C &Section
Tax benefit
10(10D) of the Income Tax Act, 1961

As per Sec 39 of the Insurance Act 1938

Nomination nomination is permitted any time before policy
matures for payment.
Assignment facility is avaible-Only the entire
Assignment policy can be assigned and not
individual benefits or any part thereof
Future Child Benefit @21 Plan
Discount in
Sum Assured premium (per
(Rs.) Rs1,000 Sum
Assured)
2 lakh - 5 lakh 10.00
5 lakh - 8 lakh 11.00
8 lakh -10 lakh 11.50
Rebate
 Rebate
10 lakh and above 11.70

Future Child Benefit @23 Plan

2 lakh - 5 lakh 70.00
5 lakh - 8 lakh 75.00
8 lakh -10 lakh 77.00
10 lakh
If premiums and
are notabove 78.00
duly paid within the period of
grace
Reinstatement and the policy is not surrendered, within a period
of three years from the due date of first unpaid
premium

Premium Allocation Charges

REGULAR PREMIUM
1st Year Charges
Annualized Premium premium
Less than Rs. 25,000 22%
Rs. 25,000 to less than Rs.50,000 15%
Rs. 50,000 & over 10%

2nd Year 7.50%

3rd Year 5%
4th year onwards 2%
Single Premium 2%
Top Up 2%
REGULAR PREMIUM
Number of year’s premium paid Surrender charge as % of FV
Less than 1 100%
1 50%
2 35%
3 20%
4 10%
5 7%
6 5%
7 3%
8 3%
9 2%
10 or more Nil
Number of completed policy years Surrender charge as % of FV
3 1%
4 years or more Nil
FUND NAME COMPOSITION & MIX
Money Market, Cash & Short
Term Debt

FUTURE SECURE Equity Instruments

 Fixed Interest Investments &
Money Market Instruments
FUTURE INCOME Equity Instruments
Fixed Interest including Money
Market Instruments

FUTURE BALANCE Equity Instruments

Fixed Income including Money
Market Instruments

FUTURE MAXIMISE Equity Instruments

Guaranteed additions*-During the first five policy years, guaranteed addition to

the sum assured (equal to 3.5% per annum compound
 HDFC Chidren's plan

In this particular fund insurance cover

will not available

Maximum investment - No limit

Only monthly SIP is available for
investment,one time investment is also
available

No riders available.

particpating plan

Sum Assured - immeditely after death

to the nominee, balance premium
waived off and again maturity benefit as
per normal plan
 Loan not available

Tax benefits will be as per section 80C

&Section 10(10D) of the Income Tax
Act, 1961
As per Sec 39 of the Insurance Act 1938
nomination is permitted any time before
policy matures for payment.
 Premium Allocation Charges
iInitially there was 2.25% entry load but
now there is no entry load available for
scheme.

same as above
same as above

iInitially there was 2.25% entry load but

now there is no entry load available for
scheme.

%OF AMT OF INVESTMENT

0-100%

0%
 0-100%

0%

10-50%

50-90%

10-50%

70-90%

o
 Future child benefit-
21 plan
Age criteria
Minimum Age at Entry 20 years
Maximum Age at Entry 55 years
Minimum Age at Maturity NA
Maximum Age at Maturity 70 yrs
Policy term
plan option-
minimum policy term 8 yrs
maximum policy term 21 yrs
Premium paying term
Min Premium Paying term 5 yrs
Max Premium Paying term 18 yrs
Sum assured
Minimum Sum Assured Rs.50,000
Maximum Sum Assured Rs.50,00,000
Premium
Depends on age, sum
assured and policy term as
Minimum Premium/ Investment per companies standard
premium rate

Maximum Premium No Limit

Yearly ,Half yearly- 52% of

yearly premium,Quarterly-
Premium Payment Frequency 26.5% of yearly
premium,Monthly-8.83% of
yearly prem (ECS)

Total Permanent Disability

Rider- In built in policy itself
Riders Offered Life Guardian Rider till age
18-In built in policy itself

Policy type particpating plan

Sum Assured - immeditely

after death to the nominee,
Death benefit balance premium waived off
and again maturity benefit
as per normal plan
The final amount of fixed benefits as per
the plan
•Plus Guaranteed
additions
•Plus vested bonus

Maturity Benefit
 Future Child Benefit @21 Plan

Maturity Benefit Payable on the policy % of Sum

anniversary Assured
3 years prior to maturity 15%
2 years prior to maturity 25%
1 years prior to maturity 25%
35% + vested
bonus
At maturity
+guaranteed
additions*
If policy acquired surrender value,loan is
available to the extent of 90% of surrender
value in an in-force policy and 85%in a
paid-up policy
Loan Facility
*Loan is applicableonly for those policies
where the claims are not paid(death claim
or ATPD benefit availed )
Tax benefits will be as per section 80C
Tax benefit &Section 10(10D) of the Income Tax Act,
1961
As per Sec 39 of the Insurance Act 1938
Nomination nomination is permitted any time before
policy matures for payment.
Assignment facility is avaible-Only the
Assignment entire policy can be assigned and not
individual benefits or any part thereof
Future Child Benefit @21 Plan
Discount in
Sum Assured premium (per
(Rs.) Rs1,000 Sum
Assured)
Rebate 2 lakh - 5 lakh 10.00
5 lakh - 8 lakh 11.00
8 lakh -10 lakh 11.50
10 lakh and above 11.70

If premiums are not duly paid within the

period of grace
Reinstatement and the policy is not surrendered, within a
period of three years from the due date of
first unpaid premium

Guaranteed additions*-During the first five policy years, guaranteed addition to

the sum assured (equal to 3.5% per annum compound

*Bonus declared- The reversionary bonus is usually declared annually as a persentage of the basic sum assured.
 HDFC Chidren's plan

18 yrs
60 yrs
28 yrs
75 yrs

10 yrs
25 yrs

10 yrs
25 yrs

Rs40,000
No limit

Minimum premium-Rs.5000

Maximum premium - No limit, subject to

underwriting

Yearly ,Half yearly- 52% of yearly

premium,Quarterly-26.7% of yearly
premium,Monthly-option not available

No riders available.

particpating plan

Sum Assured - immeditely after death

to the nominee, balance premium
waived off and again maturity benefit as
per normal plan

Sum assured + *Bonus declared

 Sum assured + *Bonus declared

Loan not available

Tax benefits will be as per section 80C

&Section 10(10D) of the Income Tax
Act, 1961
As per Sec 39 of the Insurance Act 1938
nomination is permitted any time before
policy matures for payment.

No assignment facility is available

No rebate available for higher sum

assured

No such kind of benefit is available with

this plan

dition to

s a persentage of the basic sum assured.

 Future Pension
Plan
Age criteria
Minimum Age at Entry 18 yrs
Maximum Age at Entry 60 yrs

Minimum Age at retirement 40 yrs

Maximum Age at retirement 70 yrs
Policy term
plan option-
minimum policy term 8 yrs
maximum policy term 21 yrs
Premium paying term
Min Premium Paying term 5 yrs
Max Premium Paying term 18 yrs
Sum assured
Minimum Sum Assured Rs.50,000
Maximum Sum Assured Rs.50,00,000
Premium
Minimum Premium/ Investment Single Premium 25000
Yearly Rs. 10,000
Half-Yearly Rs. 5,500
Quarterly Rs. 3,000
(by ECS
Monthly only) Rs.
1,000

Maximum Premium Additional Single Premium

Yearly ,Half yearly- 52% of

yearly premium,Quarterly-
Premium Payment Frequency 26.5% of yearly
premium,Monthly-8.83% of
yearly prem (ECS)

Total Permanent Disability

Rider- In built in policy itself
Riders Offered Life Guardian Rider till age
18-In built in policy itself

Policy type particpating plan

Sum Assured - immeditely

after death to the nominee,
Death benefit balance premium waived off
and again maturity benefit
as per normal plan
Maturity Benefit

5% to your accumulated pension fund

Guaranteed addition after 15 years (even if the
premiums are paid for only 5 years)

If policy acquired surrender value,loan is

available to the extent of 90% of
surrender value in an in-force policy and
85%in a paid-up policy
Loan Facility
*Loan is applicableonly for those
policies where the claims are not
paid(death claim or ATPD benefit
availed )
Tax benefits will be as per section 80C
Tax benefit &Section 10(10D) of the Income Tax
Act, 1961
As per Sec 39 of the Insurance Act
Nomination 1938 nomination is permitted any time
before policy matures for payment.
Assignment facility is avaible-Only the
Assignment entire policy can be assigned and not
individual benefits or any part thereof
Future Child Benefit @21 Discount
Plan in
premium
Sum Assured (per
(Rs.) Rs1,000
Sum
Rebate 2 lakh - 5 lakh 10.00
Assured)
5 lakh - 8 lakh 11.00
8 lakh -10 lakh 11.50
10 lakh and above 11.70

If premiums are not duly paid within the

period of grace
Reinstatement and the policy is not surrendered, within
a period of three years from the due
date of first unpaid premium
Guaranteed additions*-During the first five policy years, guaranteed addition to
the sum assured (equal to 3.5% per annum compound

*Bonus declared- The reversionary bonus is usually declared annually as a persentage of the basic sum assured.
 HDFC Pension Plan

18 yrs
60 yrs

50 yrs
70 yrs

10 yrs
40 yrs

10 yrs
40 yrs

Rs40,000
No limit

Minimum premium-Rs.5000

Maximum premium - No limit, subject to

underwriting

Yearly ,Half yearly- 52% of yearly

premium,Quarterly-26.7% of yearly
premium,Monthly-option not available

No riders available.

particpating plan

Sum Assured - immeditely after death

to the nominee, balance premium
waived off and again maturity benefit as
per normal plan
 Sum assured + *Bonus declared

Loan not available

Tax benefits will be as per section 80C

&Section 10(10D) of the Income Tax
Act, 1961
As per Sec 39 of the Insurance Act 1938
nomination is permitted any time before
policy matures for payment.

No assignment facility is available

No rebate available for higher sum

assured

No such kind of benefit is available with

this plan
addition to

as a persentage of the basic sum assured.


Minimum Age at Entry
Maximum Age at Entry
Minimum Age at Maturity
Maximum Age at Maturity
Min Premium Paying term
Max Premium Paying term
Minimum Term
Maximum Term
Minimum Sum Assured
Maximum Sum Assured
Minimum Premium
Maximum Premium
Premium Payment Frequency
Riders Available
Investment Funds
Death benefit
Maturity Benefit
Loan Facility
Premium Allocation
Premium Allocation Charges
(year wise)
1st year
2nd & 3rd year
Factor M
Age At Entry
Up to issue age 25
26 Yrs – 35 Yrs
36 Yrs – 45 Yrs
46 Yrs – 50 Yrs
51 Yrs – 55 Yrs
56 Yrs – 60 Yrs
Surrender charges
Number of completed Policy years Surrender charge as a % of fund value No surrender charges available, but if
1 year or less
More than1 but less than or equal to 2
More than 2 but less than or equal to 3
More than 3 but less than or equal to 5
Future Care Plus HDFC Protection plan
12 yrs No specific age criteria defined for investment
60 yrs in mutual fund but any one who have number
NA on his own name can apply for investment in
70 yrs mutual fund
3
No specified term is available
3
Minimum three years investment is very
10 yrs
important in this particular scheme.
10 yrs Maximum term is not applicable.
5 * Annual Premium
No insurance cover is available with this fund
M *Annual Premium
Min-1st year Rs.50,000, For SIP investment minimum amount Rs. is
Min-2nd&3rd year Rs.10,000 500 and for one time investment Rs. 5000
No Limit No Limit
Only monthly SIP is available for
Yearly ,Half investment,one time investment is also
yearly,Quarterly,Monthly (ECS) available
1) Critical Illness Benefit (CI)
2) Accidental Death Benefit (ADB)
3) Accerelated sum assured benefit(ASA)
Equity and related instruments-Not more than
25%.,Debt instruments (including Securitized
Future SecureFuture IncomeFuturedebt) and Govt. Securities and Money market
BalanceFuture Maximize
instruments-Uto 100%. Securitized Debt -Not
more than 10% of investments in debt
For In force policy it is higher of
the fund value or sum
assured(less partial
Fund Value= No of units X NAV
withdrawal(excluding top up
single premiums) 2 years prior to
death
fund value + top-up account fund value + top-up account value valued at
value valued at unit price unit price.
Loan not available Loan not available
Premium Allocation
Charges No Charges,only fund management charges
5% of regular premium are available.
2% of regular premium
Multiple Factor
85
55 Insurance cover multiple factor is not
25 applicable for this fund.
15
11
8
25% withdrawn with in 1 year : 3%; within 2 years :
15% 2%; Within 3 years:1%, Exit Load will be
10% applied.
5%
More than 5 Nil
 This is a pension plan premium are paid in
Future Pension regular intervals for a chosen term and SBI Magnum Taxgain
accumulated to form capital to purchse annuity
Advantage or pension pay out.Has an option to chose a
Scheme 1993
term rider (Ulip)
Minimum Age at Entry 18 years 18 yrs
Maximum Age at Entry 78 years (SP) / 75 years (RP) No Limit
whenever investor wants money
Minimum Age at Retirement 40 yrs can get, after lock in period of 3
years.
Maximum Age at Retirements 80 yrs
Minimum Term 2 years (SP) / 5 years (RP) From investment- three years
Maximum : 45 years (in multiple of 1 year)
The term for Term Assurance rider will be equal
to the basic plan term, subject to maximum of
Maximum Term 30 years allowed under term assurance Maximum term - No limit
rider.

2-5 years –Rs 70,000

6 years & above- Rs 50,000 for single premium
5-9 years -Rs 20,000 Rs. 500 and Multiples of Rs
Minimum Contribution 10 years & above -Rs 15,000 for regular 500
premium

Maximum Premium No Limit No Limit

Rs.500/month - 12 months
Single premium,Yearly, Half-Yearly, Quarterly, Rs.1000/month - 6months
Premium Payment Frequency
Monthly (ECS) Rs.1500/quarter - 12 months
No riders are available under this
Riders Offered Term Rider
scheme
Equity,PCD’s and FCD’s and bonds
Investment Funds & Charges -80-100%,Money market
Future Pension SecureFuture Pension BalanceFuture instruments-0
Pension GrowthFuture
– 20% . Pension Active
(click on the hyperlink)

Death benefit Fund Value Fund Value

Maturity Benefit Fund Value Fund Value
Loan Facility Not available Not available
Customer can return his policy within 15 days of once applied only premature
FREE LOOK PERIOD
receipt of the policy documents. withdral is the options

• Supplement to retirement income planning
• Provides valuable life cover (optional)
• Both regular & single premium option
• Flexibility in selection of vesting age (40 – 80
yrs)
• Minimum term as low as 2 years (For Single
Premium Option Only)
• No allocation charge from 2nd year onwards
ADVANTAGES (Regular Premium)
• No surrender charge from 3rd year Onwards
( Regular premium)
• No surrender charge in case of SP option
• Attractive FMC 1 - 1.25%
• Maximum equity exposure 100%
• Policy Administration Charge NIL for pension
option
• Tax benefits u/s 80CCC
1 Best ELSS scheme which is
very handy for tax saving
purpose.2 No capital gain tax for
long term investment. 3 Flexibility
of investment amount Rs. 500 to
no limit 4 Minimum lock in period
of three years from the
investment. 5 No entry and No
exit load. 6 Very low fund
management charges. 7 Facility
to book profit by taking diviend
options while investment. 8
Switchover facility to any other
open-ended schemes of SBI
Mutual Fund at NAV related
prices available after the
statutory lock-in period.

• only after complition of three

• At any point of time the policyholder has an
years the unitholder has an
option to switch some or all of the units from
option to switch some or all of
one unit linked fund to another
the units from fund to another
• 12 free switches
equity scheme of SBI M.F.
• Switch request is done in percentage or
• No limits on free switches.
absolute amount.
• Switch request is done in
SWITCHES • Min. amount: Rs.10,000 with no condition of
number of units or in amount.
multiple.
• Switch request is received
• Switch request is received before 3.00 p.m,.
before 3.00 p.m,. Closing NAV of
Closing NAV of the day is applicable.
the day is applicable.
• Switch request is received after 3.00 p.m,.
• Switch request is received after
Closing NAV of the next business day is
3.00 p.m,. Closing NAV of the
applicable
next business day is applicable

This facility is available free of cost and limited

PREMIUM REDIRECTION Not available
to one in a policy year
Term Rider
Minimum/Maximum Entry Age 18 – 60 years
Minimum/Maximum age at maturity 40 – 65 years
Minimum Sum Assured (for with
Rs.75,000
Term Assurance Rider) Not available
Minimum/Maximum policy term 5 – 30 years
Not applicable as charge will be recovered
Minimum/ Maximum premium
by cancellation of units
Discontinuance of Premium Payment Rider will be discontinued
Surrender Charge
Policy Year Policy Term (Less than 15 yrs)
Year 0 100% No surrender charges are
Year 1 10% applicable.
Year 2 5%
Year 3 onwards Nil
Premium Allocation Charges
REGULAR PREMIUM
1st Year Charges
Annualized Premium Allocation charge as % of premium No Entry load or initial
Rs 15,000 – Rs 49,999 15% investment charges are
applicable
 No Entry load or initial
investment charges are
Rs 50,000 – Rs 99,999 14% applicable
Rs 100,000 & Above 13%
2nd Year 5%
3rd year onwards Nil

Single Premium 4.5% same as above

Top Up 1.5% same as above
 This is a pension plan premium are paid in
Future Pension regular intervals for a chosen term and SBI Magnum Taxgain
accumulated to form capital to purchse annuity
Advantage or pension pay out.Has an option to chose a
Scheme 1993
term rider (Ulip)
Minimum Age at Entry 18 years 18 yrs
Maximum Age at Entry 78 years (SP) / 75 years (RP) No Limit
whenever investor wants money
Minimum Age at Retirement 40 yrs can get, after lock in period of 3
years.
Maximum Age at Retirements 80 yrs
Minimum Term 2 years (SP) / 5 years (RP) From investment- three years
Maximum : 45 years (in multiple of 1 year)
The term for Term Assurance rider will be equal
to the basic plan term, subject to maximum of
Maximum Term 30 years allowed under term assurance Maximum term - No limit
rider.

2-5 years –Rs 70,000

6 years & above- Rs 50,000 for single premium
5-9 years -Rs 20,000 Rs. 500 and Multiples of Rs
Minimum Contribution 10 years & above -Rs 15,000 for regular 500
premium

Maximum Premium No Limit No Limit

Rs.500/month - 12 months
Single premium,Yearly, Half-Yearly, Quarterly, Rs.1000/month - 6months
Premium Payment Frequency
Monthly (ECS) Rs.1500/quarter - 12 months
No riders are available under this
Riders Offered Term Rider
scheme
Equity,PCD’s and FCD’s and bonds
Investment Funds & Charges -80-100%,Money market
Future Pension SecureFuture Pension BalanceFuture instruments-0
Pension GrowthFuture
– 20% . Pension Active
(click on the hyperlink)

Death benefit Fund Value Fund Value

Maturity Benefit Fund Value Fund Value
Loan Facility Not available Not available
Customer can return his policy within 15 days of once applied only premature
FREE LOOK PERIOD
receipt of the policy documents. withdral is the options
 1 Best ELSS scheme which is
very handy for tax saving
purpose.2 No capital gain tax for
long term investment. 3 Flexibility
of investment amount Rs. 500 to
no limit 4 Minimum lock in period
of three years from the
• Supplement to retirement income planning investment. 5 No entry and No
• Provides valuable life cover (optional) exit load.
• Both regular & single premium option
• Flexibility in selection of vesting age (40 – 80
ADVANTAGES
yrs)
• Minimum term as low as 2 years (For Single
Premium Option Only)
• No allo

• only after complition of three

• At any point of time the policyholder has an
years the unitholder has an
option to switch some or all of the units from
option to switch some or all of
one unit linked fund to another
the units from fund to another
• 12 free switches
SWITCHES equity scheme of SBI M.F.
• Switch request is done in percentage or
• No limits on free switches.
absolute amount.
• Switch request is done in
• Min. amount: Rs.10,000 with no condition of
number of units or in amount.
multi
• Switch reques
This facility is available free of cost and limited
PREMIUM REDIRECTION Not available
to one in a policy year
Term Rider
Minimum/Maximum Entry Age 18 – 60 years
Minimum/Maximum age at maturity 40 – 65 years
Minimum Sum Assured (for with
Rs.75,000
Term Assurance Rider) Not available
Minimum/Maximum policy term 5 – 30 years
Not applicable as charge will be recovered
Minimum/ Maximum premium
by cancellation of units
Discontinuance of Premium Payment Rider will be discontinued
Surrender Charge
Policy Year Policy Term (Less than 15 yrs)
Year 0 100% No surrender charges are
Year 1 10% applicable.
Year 2 5%
Year 3 onwards Nil
Premium Allocation Charges
REGULAR PREMIUM
1st Year Charges
Annualized Premium Allocation charge as % of premium No Entry load or initial
Rs 15,000 – Rs 49,999 15% investment charges are
Rs 50,000 – Rs 99,999 14% applicable
Rs 100,000 & Above 13%
2nd Year 5%
3rd year onwards Nil

Single Premium 4.5% same as above

Top Up 1.5% same as above