There are 2 types of Bima Account Plans 1. Bima Account I , 2.

. Bima Account - II It is simple non-linked plans under which the policy holder can be covered without undergoing any medical examination subject to certain conditions. It provides (1. Simplicity , 2. Liquidity , 3. Guaranteed minimum return(6%) , 4. No medical examination , 5.Transparent charges , 6. Risk cover) Option to pay Top up premium (Rs 1000 for yearly, half yearly, quarterly or Rs 100 for monthly) Loan Facility It consist 2 accounts ( Regular premium , Top up Premium) Charges Expense Charge including commission [1st Year(27.5%), 2nd & 3rd Year(7.5%), Thereafter(5%) Mortality Charges , Service Tax Charges(10%+Education Cess) , Alteration Charges(Flat Rs 50)

Eligibility - Minimum Entry Age(11) , Maximum Entry Age(50) Policy Term(5 to 7 yr.) , Minimum Maturity Age(18), Maximum Maturity Age(57)
Sum Assured Minimum (10 times of annual premium ) Maximum(20 times upto age 35 , 14 times between age 36 to 45 ,10 times between 46 to 50 years) Premium Payments
Yearly Minimum Maximum 7000 14000 Half Yearly 4000 7000 Quarterly 2000 3500 Monthly(ECS ) 600 1100

Bima Account I

Eligibility - Minimum Entry Age(8) , Maximum Entry Age(60) Policy Term(10 to 15 yr.) , Minimum Maturity Age(18), Maximum Maturity Age(70)
Sum Assured Minimum (10 times of annual premium ) Maximum(30 times upto age 35 , 20 times between age 36 to 45 , 10 times between 46 to 60 years) Premium Payments
Yearly Minimum Maximum 15000 Half Yearly 8000 Quarterly 4000 Monthly(ECS ) 1250

Bima Account II

NO LIMIT !!!

Plan for handicapped dependent

Jeevan Vishwas This is an endowment assurance plan design for the benefits of handicapped dependents. Plan Parameters-Minimum sum assured- Rs 50,000 -Maximum sum assured- No limit -Age at entry- Minimum 20 yr. Maximum 65 yr. -premium paying term- 10 to 25 years -Mode of payments- Yearly, Half yearly, Quarterly, Monthly. -Accident Benefits- Allowed only for annual premium policies. -Minimum premium- Rs 800 per annum. Guaranteed additionsThe policy provides for the Guaranteed additions at the rate of Rs.60 per thousand Sum Assured for each completed policy year. Death of life assured20% of the sum assured is paid immediately to the nominee and the remaining 80% of the sum assured is paid in annuity for 15 years and life thereafter of the handicapped dependent.

Contd.
Jeevan Adhar Jeevan Adhar is a special plan which is offered for handicapped dependents. This plan provides life insurance cover throughout the lifetime of the purchaser.

Plan parameters - Minimum sum assured- Rs 50,000 - Age at entry- Minimum 22 yr. Maximum 60 yr. - Premium paying term- 10 to 35 years. - Mode of payments- Yearly, Half yearly, Quarterly, Monthly. - Minimum premium- Rs 800 per annum. Guaranteed additionsThe policy provides for the Guaranteed Additions at the rate of Rs.100 per thousand Sum Assured for each completed policy year.
Death of life assured20% of the sum assured is paid immediately to the nominee and the remaining 80% of the sum assured is paid in annuity for 15 years and life thereafter of the handicapped dependent.

SPECIAL FEATURES 1- Encashment of Survival Benefit as and when needed 2- Flexibility to pay premiums in advance 3- Option to receive maturity proceeds in the form of an annuity 4- Auto Cover OPTIONAL RIDERSA. Critical illness (ci) rider B. Accident benefit rider C. Congenital disabilities benefit (cdb) rider ELIGIBILITY CONDITIONS (For Basic Plan): Minimum age at entry : 18 years (completed) Maximum age at entry : 55 years (nearest birthday) Maximum age at maturity : 70 years (nearest birthday) Policy term : 15 and 20 years Minimum Sum Assured : Rs. 50,000/Maximum Sum Assured : Rs. 25,00,000/(Sum Assured shall be in multiples of Rs.5,000/-)

SAMPLE PREMIUM RATES FOR BASIC PLAN : Tabular Annual Premium per 1000 SA
AGE/TERM 15 20 20 79.35 63.90 25 79.45 64.10 30 79.70 64.55 35 80.25 65.45 40 81.35 67.00 45 83.15 69.50 50 86.05 73.50 HIGH SUM ASSURED REBATES: Sum Assured (in Rs) Rebate per thousand Sum Assured 1,00,000 to 4, 99,999 Rs 2.00 5, 00,000 and above Rs 4.00 Benefits For 15 Years Term 20% of the Sum Assured payable at the end of 5 years. 20% of the Sum Assured payable at the end of 10 years. 60% of the Sum Assured payable together with vested bonus, and Final Additional Bonus, if any, at the end of 15 years. For 20 Years Term 20% of the Sum Assured payable at the end of 5 years. 20% of the Sum Assured payable at the end of 10 years. 20% of the Sum Assured payable at the end of 15 years. 40% of the Sum Assured payable together with vested bonus and Final Additional Bonus, if any at the end of 20 years. B. Death Benefit: In case of death of the life assured during the policy term, the full sum assured is payable irrespective of the survival benefits paid earlier. The vested bonuses and Final Additional Bonus, if any are also payable.

1. 2. 3. 4.

5.

JEEVAN ANURAG CDA ENDOWMENT VESTING AT 21 CDA ENDOWMENT VESTING AT 18 JEEVAN KISHORE CHILD CAREER PLAN

6. KOMAL JEEVAN

7. JEEVAN CHAYA
8. CHILD FUTURE PLAN

Jeevan take care of the educational needs of anurag designed to

children. Benefits: Are payable at pre specified durations irrespective of whether the Life Assured survives or dies during the term of the policy. Assured benefit: .Payment of 20% of the Basic Sum Assured at the start of every year during last 3 policy years before maturity. . At maturity, 40% of the Basic Sum Assured along with reversionary bonuses declared from time to time on full Sum

PREMIUM OPTIONS
AGE 5 975.45 975.95 975.95 978.45 982.90 990.60 1004.65 1024.65 1054.60 10 839.65 840.45 15 718.80 720.80 725.30 735.05 752.90 781.20 823.75 886.00 20 614.20 618.10 625.85 641.35 666.85 705.60 763.55 25 525.70 532.05 544.15 565.40 598.60 598.60 -

20 25

sample premium rates for basic plan

30 35 40 45 50 55 60 842.40 847.85 858.05 876.05 904.25 944.60 1006.80

BENEFITS
Grace Period:

A grace period of one month but not less than 30 days will be allowed for payment of yearly, half-yearly or quarterly premiums and 15 days for monthly premiums . 15 days Cooling-off period: If you are not satisfied with the Terms and Conditions of the policy you may return the policy to us within 15 days.
Paid up Value:

If at least three full years' premiums have been paid in respect of this policy, any subsequent premium be not duly paid, this policy shall not be wholly void, but the Sum Assured by it shall be reduced to such a Sum, called the paid-up value

ELIGIBILITY
Age at entry Age of the Life Assured at maturity Term Minimum Sum Assured Maximum Sum assured Age of the Life Assured- 20 to 60 years Maximum 70 years All terms from 10 to 25 years. In case of single premium mode minimum term shall be 5 Years. Rs. 50,000 /No limit. Sum Assured will be in multiples of Rs.5,000 /- only. Yearly, Half-yearly, Quarterly, Monthly or through salary deductions in case of regular premiums.

Mode

ICICI SMART KID

ICICI SMART KID PREMIERE is a ULIP unlike

traditional palns. It is a regular Premium plan in which you need to invest premiums regularly over a period of time. You can opt to pay for 5,7 or 10 years Policy term is 10,15,20 or 25 yrs.

Premium options
Limited Pay 5 Limited Pay 7 Limited Pay 10 Max premium 48,000 36,000 18,000 1,00,000 p.a

BENEFITS
Comprehensive protection for childs education
Partial withdrawal Tax benefits

Choice of coverage option

Comparison

Endowment Plus Investment cum insurance

Jeevan Anurag Educational needs of children

Jeevan Bharathi Exclusively for women

Jeevan Vishwas For handicap dependent

BIMA ACCOUNT PLANS Guaranteed return and liquidity

Purpose

Features Policy Term(years) Minimum Premium Minimum Entry Age Maximum Maturity Age Benefits 10 to 20 1750 p.m./20000 p.a. 7 years 60 years 5 to 25 Rs. 50,000 /Single 20 years 60 years 18 years 55 years 15 and 20 5 to 7 600 monthly

11 years 50 years

Death Death Death Death Death Benefit/Matur Benefit/Matur Benefit/Matur Benefit/Matur Benefit/Maturit ity Benefit ity Benefit ity Benefit ity Benefit y Benefit

COMPARI SION Purpose

Endowment Jeevan Plus Anurag Investment cum insurance

Jeevan Bharathi Jeevan Vishwas For handicap dependent

BIMA ACCOUNT PLANS Guarantee d return and liquidity

Educational Exclusively for needs of women covers children the security for Critical Illness and Disabilities. 1. Grace Period 2. Paid up Value 1. Encashment of Survival Benefit 2. Flexibility to pay premiums in advance 3. Option to receive maturity proceeds in the form of an annuity

Features

1.Payment of Premiums with grace period 2.Guarantee of interest rate 3. Loan

1. Premium s 2. Guarante ed Addition s 3. Loyalty Addition s

1.Simplicit y 2.Liquidity 3.Guarante ed minimum return

Policy Term(years ) Minimum Sum Assured Minimum Entry Age

10 to 20

5 to 25

15 and 20

10 to 40

5 to 7

Rs.10,000/for entry age upto 60 years 7

Rs. 50,000 /-

Rs.50,000/-

Rs.50,000 /-

Rs.20,000/single premium 11

20

18

20

Maximum Maturity Age

60

60

55

75

50