NEETA BANKIM DOSHI

Presents
An Analysis Of

L.I.C.’s first ever ULIP Plan with a GUARANTEE

WEALTH PLUS AT-A-GLANCE
 It is a close-ended Guaranteed Returns Unit
Linked Plan
 Available for eligible persons 10 to 65 years
of age
 Fixed term of 8 years

 Option to pay single premium or regular

premium for 3 years – Yly, Hly, Qly & Mly
(ECS only)
 Minimum Premium: 40,000 for Single
20,000 for Regular
 Maximum Premium: No Limit
SUM ASSURED OPTIONS
Regular Premium
 5 to 10 times of Annual Premium – Upto Age
50
 5 times of Annual Premium – Age above 50

Single Premium
 1.25 to 5 times of SP – Upto Age 40

 1.25 to 2.5 times of SP – Age 41 to 50

 1.25 of SP – Age above 50

Sum Assured will be in multiples of Rs.5000

ADDITIONAL FEATURES & RIDERS
 Accident Benefit Rider for 18 to 62 years
aged persons @ Rs.0.50 per 1000 SA
 Surrender Facility and Partial Withdrawal
option after completion of 3 years policy term
 No exit Loads

 All premiums received during the period of

sale of the product shall be invested in
Money Market Instruments
MEGA BENEFIT

Maturity Benefit with Guaranteed NAV

At the end of the policy term, fund value
based on the Highest NAV over the first
seven years or the NAV applicable at the
end of the policy term, whichever is
higher is payable
ILLUSTRATION WITH BIMA PLUS
EXPERIENCE
 If a 40 year old person has invested Rs. 50000 under Risk
Fund in Bima Plus at an NAV of Rs.10 at the time of launch of
Bima Plus i.e on 1-2-2001
 His Fund Value after 8 years i.e on 1-2-2009 at an NAV of
Rs.32.05 is Rs.1,42,737/-
 His Fund Value at the highest NAV (Rs.50.35) recorded
during the first Seven Years of the Policy i.e on 4-1-2008 is
Rs.2,24,261/-
 Under the provisions of Guaranteed NAV as under Wealth
Plus the policyholder stands to gain Rs.81,524/- (i.e 57%
more than that of Bima Plus Plan Provisions)
DEATH BENEFIT
 Death of the policy holder during the Policy
Term when the cover is in full force:
Both Sum Assured and the fund value shall
be paid to the nominee
EXTENDED BENEFIT
 Even after the completion of Policy Term and
the payment of Maturity value to the
policyholders, Insurance coverage for the
Basic Sum Assured is continued for another 2
years on the life of Policyholder i.e Basic SA
is paid again on the happening of risk during
the 2 years
CHARGES
Allocation Charge - Single Premium: Other Charges
Premium Band Charge 1. Level Mortality
Charge as per age
Upto 4,00,000 5.00 % at entry
Above 4,00,000 4.50 % 2. FMC @ 1%
3. Policy Admin –
@ 60 pm in year 1
Premium Band 1st Year 2nd/3rd @ 25 pm in year 2
Allocation Charge - 3 Years PPT: & 3 with 3 %
20,000 to 2,00,000 12.00 % 2.50 % increase each year
thereafter
2,00,001 to 4,00,000 11.75 % 2.50 %
4. Guarantee Charge
4,00,001 to 7,00,000 11.50 % 2.50 % – 0.35 % of Fund
value
Above 7,00,000 11.25 % 2.50 %
OTHER PLAYERS WITH SIMILAR
PRODUCT
 Tata-AIG – Life InvestAssure Apex Plus
 ICICI Prudential Pinnacle

 SBI Life – Smart ULIP

 Bajaj Allianz – Max Gain

 Aegon Religare Wealth Protect

 Reliance Life Money Guarantee Term 10

 Kotak Safe Investment Plan II

TATA-AIG – LIFE INVESTASSURE
APEX PLUS
 10 years ULIP with 3 years PPT
 Guaranteed Maturity Unit Price (GMUP) - highest Unit
Price of the Fund recorded on the 10th day of every
month
 Guaranteed Maturity Addition of 3% of Regular
Premium Fund Value on maturity
 Partial Withdrawals facility
 Age limits – 18 to 65 years
 Sum Assured Options -5 to 25 times (upto age 50)
 Riders – Accident & Critical Illness
 Death Benefit – Higher of Sum Assured or Fund Value
TATA-AIG – LIFE INVESTASSURE
APEX PLUS

Charges
 Allocation Charges – 14% - 1st Year
4 % - 2nd / 3rd Year
 FMC – 1.2 %
 Mly Policy Admin – 0.500% - 1 – 3 years
0.060% - 4 year onwards
 Surrender Charge – Nil only after 5 years
ICICI PRUDENTIAL PINNACLE
 10 years ULIP with 3 years PPT
 Guaranteed Highest NAV of 7 years or NAV at maturity
whichever is higher
 Maturity Addition of 3% of Normal Fund Value
 Partial Withdrawals facility – 1 per year from 6th year
subject to limit of 20% of fund value
 Age limits – 8 to 65 years
 Sum Assured Options -5 to 25 times (upto age 50)
 Riders – Accident
 Death Benefit – Higher of Sum Assured or Fund Value
ICICI PRUDENTIAL PINNACLE

Charges
 Allocation Charges – 14% - 1st Year
4 % - 2nd Year
2 % - 3rd Year
 FMC – 1.35 % + 0.1 %for
guarantee
 Mly Policy Admin – 0.600% - 1 – 3 years
only
 Surrender Charge – Nil only after 4 years
BAJAJ ALLIANZ MAX GAIN
 10 years ULIP with 7 years PPT
 Guaranteed Highest NAV of the entire term
 Guaranteed Maturity Addition: upto 350% of
the total allocation charges levied
 Partial Withdrawals facility
 Age limits – 8 to 60 years
 Sum Assured Options -5 times
 Riders – Accident
 Death Benefit – Higher of Sum Assured or
Fund Value
BAJAJ ALLIANZ MAX GAIN

Charges
Allocation Charges – 20% - 1st Year
6 % - 2nd & 3rd Year
Top-Up - 2%
FMC – 1.25 % + 0.25 %for
guarantee
Policy Admin – 1.26% of the Sum
Assured
Surrender Charge – Nil
 KEY FEATURE COMPARISON
LIC Wealth Plus Tata AIG Apex Plus ICICI Pinnacle Bajaj Max Gain

Allocation Charge 12% - 1st Year 14% - 1st Year 14% - 1st Year 20% - 1st Year
2.5% - 2nd /3rd Yr 4% - 2nd /3rd Yr 4% - 2nd Year 6% - 2nd /3rd Yr
2% - 3rd Year
FMC 1% of Fund Value 1.2% of Fund Value 1.35% of Fund 1.25% of Fund
Value Value

Policy Admin Rs.60 pm– 1st Yr 0.5% of Pr. 1-3 Yr 0.6% of Premium 1.26% of Sum
Charges Assured
Rs.25 pm- 2nd Yr 0.06% - from Yr 4
Maturity After 8 years 10 years 10 years 10 years

Risk Cover after 2 years Nil Nil Nil

maturity
Death Cover Sum Assured + Fund Higher of S.A.& Higher of S.A.& Higher of S.A.&
value Fund Value Fund Value Fund Value
LIC EDGE IN THE MARKET
 Of 169 companies listed in BSE since 2007
only 49 are trading in green and the rest 120
in red whereas all the ULIPs launched by LIC
during the period have shown considerable
appreciation
 LIC being the largest investor in Indian
Markets and with an investment spectrum
spanning all the BSE-30 companies provides
the best expertise to its investors
LIC EDGE IN THE MARKET
Showcase LIC ULIP’s stability in volatile markets:

Date Sensex Bima Plus Jeevan Plus

Balanced Growth
08/01/2008 20873 32.1201 18.639

04/06/2008 15514 (26%) 28.8518 (10%) 16.0862 (14%)

27/10/2008 8509 (45%) 23.8517 (17%) 12.8542 (20%)

03/03/2009 8427 (1%) 24.733 (4%) 13.4961 (5%)

17/10/2009 17326 (106%) 33.4082 (35%) 19.6482 (46%)

Overall (17%) (4%) (5%)

 FOR MORE DETAILS & A PERSONAL
APPOINTMENT CALL ME AT 9821014796
LIC Edge in the Market