Sanchay Plus - v09 Brochure

In a life with no guarantees,
get assured benefits.
Guaranteed* Life cover to protect

Tax Benefits#
Benefit Payouts your family's future
Sanchay Plus
A Non-Participating, Non-Linked Savings Insurance Plan
* Provided all due premiums have been paid and the policy is in force.
# As per Income Tax Act, 1961. Tax benefits are subject to changes in tax laws.
Life becomes more meaningful with the achievement of personal milestones which you have planned for. But these
milestones are often accompanied by added responsibilities, expenses and the burden of any uncertainty happening.
We do our best to ensure that the financial security is achieved through meticulous planning for key life stages such as
marriage, parenthood, retirement, etc. Life Insurance plan can help you achieve such goals whilst safeguarding the
family’s future against the unforeseen events.
While there are many opportunities that come with respective benefits, the assurance and convenience that a life
insurance plan with guaranteed benefit offers is irreplaceable.
We at HDFC Life bring to you “HDFC Life Sanchay Plus”, a plan that offers guaranteed returns for you and your family.
KEY FEATURES OF HDFC LIFE SANCHAY PLUS

 Guaranteed benefits – Rest assured of the returns
 Tax benefits – You may be eligible for tax benefits as per prevailing tax laws
 Flexibility – Guaranteed benefits as a lump sum or as regular income
 Life Long Income option – Guaranteed income till age 99 years
 Long Term Income option – Guaranteed Income for a fixed term of 25 to 30 years
 Optional Riders – Enhance your protection coverage with rider options on payment of additional premium
ELIGIBILITY
Eligibility Criteria Plan Option Minimum Maximum

Guaranteed Income 5 1
Guaranteed Maturity 51
Age at Entry Age (years) 60
Life Long Income 50
Long Term Income 51
Guaranteed Maturity 18 80
Age at Maturity (years)
Life Long Income 56 73
Long Term Income 18 73
Annual: ` 30,000
Minimum instalment Half yearly: ` 15,000
All Options Quarterly: ` 7,500
Premium
Monthly: ` 2,500
Maximum instalment No limit, subject to Board Approved
Premium All Options Underwriting Policy (BAUP)
HDFC Life Income Benefit on Accidental
Disability Rider (101B013V03)
Riders All Options
HDFC Life Critical Illness Plus
Rider (101B014V02)
ELIGIBILITY CRITERIA For POSP Variant
Eligibility Criteria Plan Option Minimum Maximum

Guaranteed Maturity 51 55
Age at Entry Age (years)
Life Long Income 50 59
Long Term Income 51 59
Guaranteed Income 18
Guaranteed Maturity 18
Age at Maturity (years) 65
Life Long Income 56
Long Term Income 18
Annual: ` 30,000
Minimum instalment Half yearly: ` 15,000
All Options
Premium Quarterly: ` 7,500
Monthly: ` 2,500
Maximum premium is subject to maximum Sum
Maximum instalment Assured on Death of ` 25,00,000.
All Options The acceptance of any case is subject to Board
Premium
approved underwriting policy.
Riders All Options None
All ages mentioned above are age last birthday.

The minimum premium amounts are exclusive of taxes and levies as applicable.
1. Risk cover starts from date of commencement of policy for all lives including minors. In case of a minor life, the policy will vest on the Life Assured
on attainment of age 18 years
Premium payable at other than Annual frequency shall be calculated by multiplying the Annual Premium by Conversion Factor:
Frequency Conversion Factor
Half-yearly 0.5100
Quarterly 0.2600
Monthly 0.0875
HOW THIS PLAN WORKS?
HDFC Life Sanchay Plus allows you to choose from four benefit options depending upon your life stage and your
priorities in life. The option once chosen cannot be altered.
Options Premium Paying Term Policy Term Payout Period
Guaranteed 5 years 10 to 20 years
Maturity benefit paid as lump sum at the end of the Policy Term
Maturity 6/ 7/ 8/ 9/ 10 years 12 to 20 years
7 years 7 to 12 years
Guaranteed 9 years 9 to 14 years Maturity benefit paid as a guaranteed income for a fixed term of
Income 10 or 12 years starting from (Policy Term + 1)th year in arrears.
Maturity benefit paid as a guaranteed income from 7th year in
5 years 6 years arrears till the individual attains age 99 years
Life Long 6 years 7 years arrears till the individual attains age 99 years
Income Maturity benefit paid as a guaranteed income from 12th year in
Long Term 8 years 8 to 11 years Maturity benefit paid as a guaranteed income for a fixed term of
Income 25 or 30 years starting from (Policy Term + 1)th year in arrears.
11 years 11 & 12 years
12 years 12 & 13 years
BENEFITS IN DETAIL
This section details the benefits payable during the policy term and payout period as per the option chosen. Premium
excludes taxes, extra premium on account underwriting or payment frequency and rider premiums, if any.
PLAN OPTION – GUARANTEED MATURITY
Maturity Benefit:
This option offers a guaranteed maturity benefit payable as lump sum at the end of policy term upon payment of all due
premiums and the life assured surviving the policy term.
Get Guaranteed Benefit at maturity
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
Pay premium during the premium payment term

The maturity benefit is equal to Guaranteed Sum Assured on Maturity plus accrued Guaranteed Additions.
Where, Guaranteed Sum Assured on Maturity is total Annualized Premium payable under the policy during the premium
payment term.
Guaranteed Additions (GA) will accrue at every policy anniversary as detailed below
• For PPT 5 years GA will start accruing from year 6 onwards
• For PPT 6, 7 & 8 GA will start accruing from year 7 onwards
• For PPT 9 & 10 GA will start accruing from year 8 onwards
Please refer Guaranteed Additions mentioned under section “TERMS & CONDITIONS” below
Death Benefit:
In case of death of Life Assured during the policy term, the death benefit equal to Sum Assured on Death plus
Accrued Guaranteed Additions shall be payable to the nominee.
Sum Assured on Death is the highest of:
10 times the Annualized Premium2, or
105% of Total Premiums paid3, or
Guaranteed Sum Assured on Maturity, or
an absolute amount assured to be paid on death, which is equal to the Sum Assured.
Sum Assured shall be equal to the applicable Death Benefit Multiple times the Annualized Premium. The applicable
Death Benefit Multiples are specified below.
Upon the payment of the death benefit, the policy terminates and no further benefits are payable.
2. Annualized Premium shall be the premium amount payable in a year chosen by the policyholder, excluding the taxes, rider premiums, underwriting extra
premiums and loadings for modal premiums, if any.
3. Total Premiums Paid means total of all the premiums received, excluding any extra premium, any rider premium and taxes.
PLAN OPTION – GUARANTEED INCOME

Maturity Benefit:
This option pays you a maturity benefit in the form of Guaranteed Income for fixed term of 10 or 12 years upon payment
of all due premiums and life assured surviving the policy term.
Get Guaranteed Income

during the payout period
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21
Pay premium during the
premium payment term
The amount of guaranteed income^ depends upon the Premium Payment Term as defined below:
^An additional income is payable in case of higher premium amount, please refer to the Enhanced Benefit for High Premium Policies
For Entry Ages: 5 to 50 years
Premium Guaranteed Income payable each year during the Payout Period
Payment Term Policy Term
10 years 12 years
7 years 7 years 103.75% of Annualized Premium 92.00% of Annualized Premium
For Entry Ages: 51 to 60 years
Premium Guaranteed Income^ payable each year during the Payout Period
10 years 12 years
On the maturity date, you shall have an option to receive the Guaranteed Sum Assured on Maturity, which under this
option, shall be the present value of future payouts, discounted at a rate of 9% p.a. This interest rate is not guaranteed.
However, any change in the interest rate will be subject to prior approval of the Authority and will be applicable only to
the policies sold after the date of change.
At any point of time during the Payout Period, you shall have an option to receive the future income as a lump sum,
which shall be the present value of future payouts, discounted at a rate which is computed using the prevailing interest
rates described below.
On death of the Life Assured during the Payout Period, the nominee shall continue receiving Guaranteed Income as per
Income Payout Frequency & benefit option chosen till the end of Payout Period. The nominee shall have an option to
receive the future income as a lump sum, which shall be the present value of future payouts, discounted at a rate which
is computed using the prevailing interest rates as described below.
Death Benefit:
In case of death of Life Assured during the policy term, the death benefit equal to Sum Assured on Death shall be
payable to the nominee.
10 times the Annualized Premium ,or
105% of Total Premiums paid, or
Premiums paid accumulated at an interest of 5% p.a. compounded annually, or
an absolute amount assured to be paid on death, which is equal to the Sum Assured
Sum Assured shall be equal to the applicable Death Benefit Multiple times the Annualized Premium. The applicable Death
Benefit Multiples are specified below.
PLAN OPTION – LIFE LONG INCOME

Maturity Benefit:
This option offers a benefit of a guaranteed income up to age 99 years and a return of premium at the end of payout
period upon payment of all due premiums and life assured surviving the policy term.
Get Guaranteed Income up to age 99
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 - - - - - - - - - - - - - - - - - - age 99

Return of Total premiums paid
The amount of guaranteed income^ shall depend upon the Premium Payment Term chosen as per the table given below:
Guaranteed Income^ payable each year during the payout period#
Premium Payment Term
Policy Term Entry Ages: 50 to 60 years
5 years 6 years 34.25% of Annualized Premium
# Payout period is 99 minus age of Life Insured as at end of policy term
At the end of the Payout Period, the policy terminates by returning Total Premiums paid.
Death Benefit:
10 times the Annualized Premium , or
Guaranteed Sum assured on Maturity, or
PLAN OPTION – LONG TERM INCOME
Maturity Benefit:
This option offers a benefit of guaranteed income for fixed term of 25 or 30 years and a return of premium at the end of
payout period upon payment of all due premiums and life assured surviving the policy term.
Get Guaranteed Income up to 30 years
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 - - - - - - - - - - - - - - - - - - 35 36

Return of Total premiums paid
The amount of guaranteed income^ shall depend upon the Premium Payment Term and Policy Term chosen as per the
table given below:
Entry Ages: 5 to 60 years
Premium Guaranteed Income payable each year during the Payout Period
25 years 30 years
At the end of the Payout Period, the policy terminates by returning Total Premiums paid.
Death Benefit:
10 times the Annualized Premium, or
Death Benefit Multiple (applicable for all plan options):
Sum Assured will be determined based on your entry age and the Annualized Premium you commit to pay in a policy year.
Death Benefit Death Benefit Death Benefit Death Benefit

Age* Age* Age* Age*
Multiple Multiple Multiple Multiple
5 15.00 19 13.60 33 12.20 47 10.80
6 14.90 20 13.50 34 12.10 48 10.70
7 14.80 21 13.40 35 12.00 49 10.60
8 14.70 22 13.30 36 11.90 50 10.50
9 14.60 23 13.20 37 11.80 51 10.45
10 14.50 24 13.10 38 11.70 52 10.40
11 14.40 25 13.00 39 11.60 53 10.35
12 14.30 26 12.90 40 11.50 54 10.30
13 14.20 27 12.80 41 11.40 55 10.25
14 14.10 28 12.70 42 11.30 56 10.20
15 14.00 29 12.60 43 11.20 57 10.15
16 13.90 30 12.50 44 11.10 58 10.10
17 13.80 31 12.40 45 11.00 59 10.05
18 13.70 32 12.30 46 10.90 60 10.00
*Age will be entry age as on the last birthday.
Rider Options:
We offer the following Rider options (as modified from time to time) to help you enhance your protection
Rider UIN Scope of Benefits**
HDFC Life Income Benefit on A benefit equal to 1% of Rider Sum Assured per month for the next
101B013V03 10 years, in case of an Accidental Total Permanent Disability. There
Accidental Disability Rider
is no maturity benefit available under this rider.
A lump sum benefit equal to the Rider Sum Assured shall be payable
HDFC Life Critical Illness in case you are diagnosed with any of the 19 Critical Illnesses and
101B014V02
Plus Rider survive for a period of 30 days following the diagnosis. There is no
maturity benefit available under this rider.
**For all details on Riders, kindly refer to the Rider Brochures available on our website
Sample Illustration
Illustration of benefits for healthy male aged 30 years (50 years for Life Long Income Option), who pays ` 1 Lac + Taxes
per annum throughout the premium paying term and survives the policy term.
Death Policy Premium

Plan Sum
Option Assured Benefit at Term Paying Maturity Benefit (INR)
Inception* (years) Term
(years)
Guaranteed
Maturity 1,250,000 1,250,000 20 10 `24,09,460 paid as a lump sum at Maturity
Guaranteed Guaranteed Income^ of ` 227,000 p.a. from

Income 1,250,000 1,674,250 13 12 14th year to 25th year (payout period of 12 years)
Guaranteed Income^ of ` 104,750 p.a. from 12th year

Long Term to 36th year (payout period of 25 years) + `10,00,000
Income 1,250,000 1,250,000 11 10
at the end of payout period (36th year)
Guaranteed Income^ of ` 97,750 p.a. from 12th year

Life Long
Income 1,050,000 1,082,854 11 10 till age 99 years (38 years)+ ` 1,000,000 at the end
of payout period.
The premiums are excluding applicable taxes & levies. The values shown are for illustrative purpose only.
^ Guaranteed Income Amount payable in arrears on annual frequency during the payout period (After the policy term).
* Please refer to the Benefit Illustration for year wise Death Benefit.
NON-FORFEITURE BENEFITS
To enjoy the policy benefits, it is important that you pay all due premiums by the due date. This section details the
benefits and limitations in case premiums are not paid during the term of the policy.
Grace period:
You get a grace period of 15 days for monthly frequency of premium payment and 30 days for other frequencies to pay
the premium without any penalty. If premium is not received before the end of grace period, the policy will lapse or
become paid-up. The policy is considered to be in-force with the risk cover during the grace period without any
interruption.
In case of a valid claim during the grace period, before payment of due premium, the claim shall be payable after
deducting the due modal premium.
Lapse, Paid-up and Surrender:
The policy shall acquire a Guaranteed Surrender Value (cash value) upon the payment of at least first two years’
premiums.
If a due premium is unpaid upon the expiry of the grace period, the policy shall:
lapse if it has not acquired a Guaranteed Surrender Value
become reduced paid-up if it has acquired a Guaranteed Surrender Value
In case of a lapsed policy, all the benefits shall cease and nothing is payable on death, maturity or surrender
Once the policy becomes paid-up, the survival and death benefit payouts shall reduce as defined below:
Paid-up Maturity/Death benefit:

Once the policy becomes reduced paid-up, the maturity and death benefit payouts shall be computed by multiplying
the death/maturity payouts as specified in “Benefits in detail” section to the ratio of the premiums paid to the
premiums payable under the policy. Under the Guaranteed Maturity option, no further Guaranteed Additions shall
accrue in the future. The Guaranteed Additions accrued till the date of paid-up shall continue to remain attached.
Surrender:
The policy shall acquire a Guaranteed Surrender Value (GSV) upon the payment of at least first two years’ premiums.
The minimum GSV shall be the sum of:

a) the GSV of the total premiums paid and
b) the Surrender Value of the Guaranteed Additions, already accrued to the policy, if applicable.
Where,
the GSV of the total premiums paid shall be determined as the applicable GSV factors on total premiums paid at the
time of surrender multiplied to the total premiums paid to date. The premium is excluding any taxes and levies paid
as applicable or any extra premiums paid.
the Surrender Value of the Guaranteed Additions paid shall be determined as the applicable GSV factors on the
Guaranteed Addition at the time of surrender multiplied to the Guaranteed Additions already accrued to the policy
(applicable to Plan Option: Guaranteed Maturity).
For details on GSV percentage, please contact our financial consultant. The surrender value shall be higher of the GSV
and the Special Surrender Value (SSV). On payment of the Surrender Benefit, the policy will terminate and no more
benefits will be payable
Revival:
You can revive your lapsed/paid-up policy within the revival period (specified below) subject to the terms and
conditions we may specify from time to time. For revival, you will need to pay all the outstanding premiums and interest
on the outstanding premiums and taxes and levies as applicable. The current rate of interest for revival is 9.5% p.a.
Interest rate will be as prevailing from time to time. Please contact our Customer Service department to know the
applicable interest rate.
The revival period shall be of five years from the due date of the first unpaid Premium and before the expiry of the
Policy Term.
Once the policy is revived, you are entitled to receive all contractual benefits.
TERMS & CONDITIONS
We recommend that you read and understand this product brochure & customised benefit illustration and
understand what the plan is, how it works and the risks involved before you purchase.
A) Risk Factors:
HDFC Life Insurance Company Limited is the name of our Insurance Company and “HDFC Life Sanchay Plus” is the
name of this plan. The name of our company and the name of our plan do not, in any way, indicate the quality of
the plan, its future prospects or returns.
 Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or
policy document issued by insurance company.
B) Suicide Exclusions:
In case of death due to suicide within 12 months from the date of commencement of risk under the policy or from
the date of revival of the policy, as applicable, the nominee or beneficiary of the policyholder shall be entitled to at
least 80% of the total premiums paid till the date of death or the surrender value available as on the date of death
whichever is higher, provided the policy is in force.
C) Tax Benefits
Tax Benefits may be available as per prevailing tax laws. You are requested to consult your tax advisor.
D) Cancellation in the Free-Look period:

In case you are not agreeable to the any of the policy terms and conditions, you have the option of returning the
policy to us stating the reasons thereof, within 15 days from the date of receipt of the policy. The Free-Look period
for policies purchased through Distance Marketing (specified below) will be 30 days. On receipt of your letter along
with the original policy documents, we shall arrange to refund the premiums paid subject to deduction of the
expenses incurred by us on medical examination, if any, and stamp duty.
Distance Marketing refers to insurance policies sold through any mode apart from face-to-face interactions such as
telephone, internet etc (Please refer to “Guidelines on Distance Marketing of Insurance Product” for exhaustive
definition of Distance Marketing)
E) Alterations:
Change of Premium Payment frequency is allowed.
Change of Income Payout frequency is allowed.
Plan Option, once chosen at inception cannot be changed throughout the policy term.
Such alteration will be in accordance with the Board approved underwriting policy.
F) Policy Loan:
Once your policy has acquired the surrender value, you may avail of a policy loan upto 80% of the surrender value
of your policy subject to applicable terms and conditions
G) Enhanced Benefit for High Premium Policies
We also offer enhanced benefit for the policies with Annual Premium more than ` 1.5 lakhs.
Additional Maturity Benefit
Annual Additional Income
(% of Total Maturity
(% of Annualised Premium)
Benefit Payable)
Annual
Premium
Guaranteed Maturity Option Life Long Income/ Long Term Income Guaranteed Income
size
5 6& 8& 10 5 6& 8& 10 11 & 7 8& 10 11 &
pay 7 pay 9 pay pay pay 7 pay 9 pay pay 12 pay pay 9 pay pay 12 pay
`0-
` 1,50,000 Nil
`1,50,001 -
`2,99,999 0.50% 0.60% 0.70% 0.75% 0.75% 0.80% 0.90% 1.00% 1.25% 0.65% 0.80% 1.00% 1.25%
`3,00,000 –
`4,99,999 1% 1.10% 1.25% 1.50% 1.25% 1.40% 1.70% 2.00% 2.50% 1.30% 1.60% 2.00% 2.50%
`5,00,000
and above 2% 2.10% 2.15% 2.25% 1.50% 1.70% 2.05% 2.50% 3.00% 2.10% 2.25% 2.50% 3.00%
H) Income Payout :
The policyholder can choose to receive the Annual income under the Guaranteed Income, Lifelong Income and Long
Term Income option at less frequent intervals. Income for other than annual frequencies shall be allowed. The
amount of income shall be as given below:
Frequency Income (per frequency)

Semi-annual 98% of Annual Income x 1/2
Quarterly 97% of Annual Income x 1/4
Monthly 96% of Annual Income x 1/12
Note: Annual Income refers to the guaranteed income paid in respect of annual frequency.
I) Guaranteed Additions (Applicable for Guaranteed Maturity Option only)

Guaranteed Addition per 1000 Guaranteed Sum Assured on Maturity
Policy Years
AGE
PPT\PT
BAND
1-5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
<=45 - 78.42 78.42 78.42 78.42 78.42
46-50 - 73.29 73.29 73.29 73.29 73.29

5\10
51-55 - 68.14 68.14 68.14 68.14 68.14
56-60 - 62.99 62.99 62.99 62.99 62.99
<=45 - 86.56 86.56 86.56 86.56 86.56 86.56
46-50 - 82.58 82.58 82.58 82.58 82.58 82.58

5\11
51-55 - 78.78 78.78 78.78 78.78 78.78 78.78
56-60 - 72.82 72.82 72.82 72.82 72.82 72.82

Policy Years
AGE
PPT\PT
BAND
1-5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
<=45 - 89.16 89.16 89.16 89.16 89.16 89.16 89.16
46-50 - 85.21 85.21 85.21 85.21 85.21 85.21 85.21

5\12
51-55 - 81.64 81.64 81.64 81.64 81.64 81.64 81.64
56-60 - 75.73 75.73 75.73 75.73 75.73 75.73 75.73
<=45 - 92.87 92.87 92.87 92.87 92.87 92.87 92.87 92.87
46-50 - 88.91 88.91 88.91 88.91 88.91 88.91 88.91 88.91

5\13
51-55 - 85.51 85.51 85.51 85.51 85.51 85.51 85.51 85.51
56-60 - 79.57 79.57 79.57 79.57 79.57 79.57 79.57 79.57
<=45 - 97.55 97.55 97.55 97.55 97.55 97.55 97.55 97.55 97.55
46-50 - 93.55 93.55 93.55 93.55 93.55 93.55 93.55 93.55 93.55
5\14
51-55 - 90.30 90.30 90.30 90.30 90.30 90.30 90.30 90.30 90.30
56-60 - 84.25 84.25 84.25 84.25 84.25 84.25 84.25 84.25 84.25
<=45 - 108.20 108.20 108.20 108.20 108.20 108.20 108.20 108.20 108.20 108.20
46-50 - 104.07 104.07 104.07 104.07 104.07 104.07 104.07 104.07 104.07 104.07
5\15
51-55 - 100.69 100.69 100.69 100.69 100.69 100.69 100.69 100.69 100.69 100.69
56-60 - 94.54 94.54 94.54 94.54 94.54 94.54 94.54 94.54 94.54 94.54
<=45 - 109.38 109.38 109.38 109.38 109.38 109.38 109.38 109.38 109.38 109.38 109.38
46-50 - 105.03 105.03 105.03 105.03 105.03 105.03 105.03 105.03 105.03 105.03 105.03
5\16
51-55 - 101.74 101.74 101.74 101.74 101.74 101.74 101.74 101.74 101.74 101.74 101.74
56-60 - 95.20 95.20 95.20 95.20 95.20 95.20 95.20 95.20 95.20 95.20 95.20
<=45 - 111.14 111.14 111.14 111.14 111.14 111.14 111.14 111.14 111.14 111.14 111.14 111.14
46-50 - 106.74 106.74 106.74 106.74 106.74 106.74 106.74 106.74 106.74 106.74 106.74 106.74
5\17
51-55 - 103.22 103.22 103.22 103.22 103.22 103.22 103.22 103.22 103.22 103.22 103.22 103.22
56-60 - 96.41 96.41 96.41 96.41 96.41 96.41 96.41 96.41 96.41 96.41 96.41 96.41
<=45 - 112.99 112.99 112.99 112.99 112.99 112.99 112.99 112.99 112.99 112.99 112.99 112.99 112.99
46-50 - 108.41 108.41 108.41 108.41 108.41 108.41 108.41 108.41 108.41 108.41 108.41 108.41 108.41
5\18
51-55 - 104.77 104.77 104.77 104.77 104.77 104.77 104.77 104.77 104.77 104.77 104.77 104.77 104.77
56-60 - 97.69 97.69 97.69 97.69 97.69 97.69 97.69 97.69 97.69 97.69 97.69 97.69 97.69
<=45 - 115.43 115.43 115.43 115.43 115.43 115.43 115.43 115.43 115.43 115.43 115.43 115.43 115.43 115.43
46-50 - 110.43 110.43 110.43 110.43 110.43 110.43 110.43 110.43 110.43 110.43 110.43 110.43 110.43 110.43
5\19
51-55 - 106.75 106.75 106.75 106.75 106.75 106.75 106.75 106.75 106.75 106.75 106.75 106.75 106.75 106.75
56-60 - 99.49 99.49 99.49 99.49 99.49 99.49 99.49 99.49 99.49 99.49 99.49 99.49 99.49 99.49
Policy Years
AGE
PPT\PT
BAND
1-5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
<=45 - 117.86 117.86 117.86 117.86 117.86 117.86 117.86 117.86 117.86 117.86 117.86 117.86 117.86 117.86 117.86
46-50 - 112.73 112.73 112.73 112.73 112.73 112.73 112.73 112.73 112.73 112.73 112.73 112.73 112.73 112.73 112.73
5\20
51-55 - 108.89 108.89 108.89 108.89 108.89 108.89 108.89 108.89 108.89 108.89 108.89 108.89 108.89 108.89 108.89
56-60 - 101.27 101.27 101.27 101.27 101.27 101.27 101.27 101.27 101.27 101.27 101.27 101.27 101.27 101.27 101.27
<=45 - - 97.98 97.98 97.98 97.98 97.98 97.98
46-50 - - 92.73 92.73 92.73 92.73 92.73 92.73

6\12
51-55 - - 88.01 88.01 88.01 88.01 88.01 88.01
56-60 - - 82.86 82.86 82.86 82.86 82.86 82.86
<=45 - - 105.51 105.51 105.51 105.51 105.51 105.51 105.51
46-50 - - 101.97 101.97 101.97 101.97 101.97 101.97 101.97

6\13
51-55 - - 100.06 100.06 100.06 100.06 100.06 100.06 100.06
56-60 - - 94.77 94.77 94.77 94.77 94.77 94.77 94.77
<=45 - - 105.14 105.14 105.14 105.14 105.14 105.14 105.14 105.14
46-50 - - 101.44 101.44 101.44 101.44 101.44 101.44 101.44 101.44

6\14
51-55 - - 99.29 99.29 99.29 99.29 99.29 99.29 99.29 99.29
56-60 - - 93.81 93.81 93.81 93.81 93.81 93.81 93.81 93.81
<=45 - - 108.33 108.33 108.33 108.33 108.33 113.65 113.65 113.65 113.65
46-50 - - 104.37 104.37 104.37 104.37 104.37 109.6 109.6 109.6 109.6
6\15
51-55 - - 101.95 101.95 101.95 101.95 101.95 107.13 107.13 107.13 107.13
56-60 - - 96.13 96.13 96.13 96.13 96.13 101.17 101.17 101.17 101.17
<=45 - - 109.72 109.72 109.72 109.72 109.72 109.72 109.72 109.72 109.72 109.72
46-50 - - 105.50 105.50 105.50 105.50 105.50 105.50 105.50 105.50 105.50 105.50
6\16
51-55 - - 102.79 102.79 102.79 102.79 102.79 102.79 102.79 102.79 102.79 102.79
56-60 - - 96.63 96.63 96.63 96.63 96.63 96.63 96.63 96.63 96.63 96.63
<=45 - - 111.70 111.70 111.70 111.70 111.70 111.70 111.70 111.70 111.70 111.70 111.70
46-50 - - 107.19 107.19 107.19 107.19 107.19 107.19 107.19 107.19 107.19 107.19 107.19
6\17
51-55 - - 104.17 104.17 104.17 104.17 104.17 104.17 104.17 104.17 104.17 104.17 104.17
56-60 - - 97.64 97.64 97.64 97.64 97.64 97.64 97.64 97.64 97.64 97.64 97.64
<=45 - - 114.22 114.22 114.22 114.22 114.22 114.22 114.22 114.22 114.22 114.22 114.22 114.22
46-50 - - 109.39 109.39 109.39 109.39 109.39 109.39 109.39 109.39 109.39 109.39 109.39 109.39
6\18
51-55 - - 106.01 106.01 106.01 106.01 106.01 106.01 106.01 106.01 106.01 106.01 106.01 106.01
56-60 - - 99.06 99.06 99.06 99.06 99.06 99.06 99.06 99.06 99.06 99.06 99.06 99.06
Policy Years
AGE
PPT\PT
BAND
1-5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
<=45 - - 117.21 117.21 117.21 117.21 117.21 117.21 117.21 117.21 117.21 117.21 117.21 117.21 117.21
46-50 - - 112.01 112.01 112.01 112.01 112.01 112.01 112.01 112.01 112.01 112.01 112.01 112.01 112.01
6\19
51-55 - - 108.24 108.24 108.24 108.24 108.24 108.24 108.24 108.24 108.24 108.24 108.24 108.24 108.24
56-60 - - 100.83 100.83 100.83 100.83 100.83 100.83 100.83 100.83 100.83 100.83 100.83 100.83 100.83
<=45 - - 120.64 120.64 120.64 120.64 120.64 120.64 120.64 120.64 120.64 120.64 120.64 120.64 120.64 120.64
46-50 - - 115.03 115.03 115.03 115.03 115.03 115.03 115.03 115.03 115.03 115.03 115.03 115.03 115.03 115.03
6\20
51-55 - - 110.85 110.85 110.85 110.85 110.85 110.85 110.85 110.85 110.85 110.85 110.85 110.85 110.85 110.85
56-60 - - 102.91 102.91 102.91 102.91 102.91 102.91 102.91 102.91 102.91 102.91 102.91 102.91 102.91 102.91
<=45 - - 97.73 97.73 97.73 97.73 97.73 97.73
46-50 - - 91.74 91.74 91.74 91.74 91.74 91.74

7\12
51-55 - - 86.38 86.38 86.38 86.38 86.38 86.38
56-60 - - 78.89 78.89 78.89 78.89 78.89 78.89
<=45 - - 101.56 101.56 101.56 101.56 101.56 101.56 101.56
46-50 - - 96.05 96.05 96.05 96.05 96.05 96.05 96.05

7\13
51-55 - - 91.36 91.36 91.36 91.36 91.36 91.36 91.36
56-60 - - 84.47 84.47 84.47 84.47 84.47 84.47 84.47
<=45 - - 106.76 106.76 106.76 106.76 106.76 106.76 106.76 106.76
46-50 - - 101.70 101.70 101.70 101.70 101.70 101.70 101.70 101.70

7\14
51-55 - - 97.61 97.61 97.61 97.61 97.61 97.61 97.61 97.61
56-60 - - 91.28 91.28 91.28 91.28 91.28 91.28 91.28 91.28
<=45 - - 113.12 113.12 113.12 113.12 113.12 113.12 113.12 113.12 113.12
46-50 - - 108.58 108.58 108.58 108.58 108.58 108.58 108.58 108.58 108.58
7\15
51-55 - - 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00
56-60 - - 99.30 99.30 99.30 99.30 99.30 99.30 99.30 99.30 99.30
<=45 - - 113.95 113.95 113.95 113.95 113.95 113.95 113.95 113.95 113.95 113.95
46-50 - - 109.17 109.17 109.17 109.17 109.17 109.17 109.17 109.17 109.17 109.17
7\16
51-55 - - 105.50 105.50 105.50 105.50 105.50 105.50 105.50 105.50 105.50 105.50
56-60 - - 99.63 99.63 99.63 99.63 99.63 99.63 99.63 99.63 99.63 99.63
<=45 - - 115.30 115.30 115.30 115.30 115.30 115.30 115.30 115.30 115.30 115.30 115.30
46-50 - - 110.54 110.54 110.54 110.54 110.54 110.54 110.54 110.54 110.54 110.54 110.54
7\17
51-55 - - 106.52 106.52 106.52 106.52 106.52 106.52 106.52 106.52 106.52 106.52 106.52
56-60 - - 100.75 100.75 100.75 100.75 100.75 100.75 100.75 100.75 100.75 100.75 100.75
Policy Years
AGE
PPT\PT
BAND
1-5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
<=45 - - 117.08 117.08 117.08 117.08 117.08 117.08 117.08 117.08 117.08 117.08 117.08 117.08
46-50 - - 112.04 112.04 112.04 112.04 112.04 112.04 112.04 112.04 112.04 112.04 112.04 112.04
7\18
51-55 - - 108.04 108.04 108.04 108.04 108.04 108.04 108.04 108.04 108.04 108.04 108.04 108.04
56-60 - - 101.90 101.90 101.90 101.90 101.90 101.90 101.90 101.90 101.90 101.90 101.90 101.90
<=45 - - 119.22 119.22 119.22 119.22 119.22 119.22 119.22 119.22 119.22 119.22 119.22 119.22 119.22
46-50 - - 114.17 114.17 114.17 114.17 114.17 114.17 114.17 114.17 114.17 114.17 114.17 114.17 114.17
7\19
51-55 - - 109.82 109.82 109.82 109.82 109.82 109.82 109.82 109.82 109.82 109.82 109.82 109.82 109.82
56-60 - - 103.62 103.62 103.62 103.62 103.62 103.62 103.62 103.62 103.62 103.62 103.62 103.62 103.62
<=45 - - 121.72 121.72 121.72 121.72 121.72 121.72 121.72 121.72 121.72 121.72 121.72 121.72 121.72 121.72
46-50 - - 116.63 116.63 116.63 116.63 116.63 116.63 116.63 116.63 116.63 116.63 116.63 116.63 116.63 116.63
7\20
51-55 - - 112.09 112.09 112.09 112.09 112.09 112.09 112.09 112.09 112.09 112.09 112.09 112.09 112.09 112.09
56-60 - - 105.34 105.34 105.34 105.34 105.34 105.34 105.34 105.34 105.34 105.34 105.34 105.34 105.34 105.34
<=45 - - 91.01 91.01 91.01 91.01 91.01 91.01
46-50 - - 85.10 85.10 85.10 85.10 85.10 85.10

8\12
51-55 - - 80.27 80.27 80.27 80.27 80.27 80.27
56-60 - - 74.04 74.04 74.04 74.04 74.04 74.04
<=45 - - 94.39 94.39 94.39 94.39 94.39 94.39 94.39
46-50 - - 88.63 88.63 88.63 88.63 88.63 88.63 88.63

8\13
51-55 - - 84.29 84.29 84.29 84.29 84.29 84.29 84.29
56-60 - - 78.63 78.63 78.63 78.63 78.63 78.63 78.63
<=45 - - 98.94 98.94 98.94 98.94 98.94 98.94 98.94 98.94
46-50 - - 93.29 93.29 93.29 93.29 93.29 93.29 93.29 93.29

8\14
51-55 - - 89.38 89.38 89.38 89.38 89.38 89.38 89.38 89.38
56-60 - - 84.24 84.24 84.24 84.24 84.24 84.24 84.24 84.24
<=45 - - 106.96 106.96 106.96 106.96 106.96 106.96 106.96 106.96 106.96
46-50 - - 101.31 101.31 101.31 101.31 101.31 101.31 101.31 101.31 101.31
8\15
51-55 - - 97.80 97.80 97.80 97.80 97.80 97.80 97.80 97.80 97.80
56-60 - - 93.13 93.13 93.13 93.13 93.13 93.13 93.13 93.13 93.13
<=45 - - 107.96 107.96 107.96 107.96 107.96 107.96 107.96 107.96 107.96 107.96
46-50 - - 102.12 102.12 102.12 102.12 102.12 102.12 102.12 102.12 102.12 102.12
8\16
51-55 - - 98.50 98.50 98.50 98.50 98.50 98.50 98.50 98.50 98.50 98.50
56-60 - - 93.69 93.69 93.69 93.69 93.69 93.69 93.69 93.69 93.69 93.69
Policy Years
AGE
PPT\PT
BAND
1-5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
<=45 - - 109.59 109.59 109.59 109.59 109.59 109.59 109.59 109.59 109.59 109.59 109.59
46-50 - - 103.54 103.54 103.54 103.54 103.54 103.54 103.54 103.54 103.54 103.54 103.54
8\17
51-55 - - 99.72 99.72 99.72 99.72 99.72 99.72 99.72 99.72 99.72 99.72 99.72
56-60 - - 94.82 94.82 94.82 94.82 94.82 94.82 94.82 94.82 94.82 94.82 94.82
<=45 - - 111.56 111.56 111.56 111.56 111.56 111.56 111.56 111.56 111.56 111.56 111.56 111.56
46-50 - - 105.13 105.13 105.13 105.13 105.13 105.13 105.13 105.13 105.13 105.13 105.13 105.13
8\18
51-55 - - 101.21 101.21 101.21 101.21 101.21 101.21 101.21 101.21 101.21 101.21 101.21 101.21
56-60 - - 96.11 96.11 96.11 96.11 96.11 96.11 96.11 96.11 96.11 96.11 96.11 96.11
<=45 - - 113.86 113.86 113.86 113.86 113.86 113.86 113.86 113.86 113.86 113.86 113.86 113.86 113.86
46-50 - - 107.29 107.29 107.29 107.29 107.29 107.29 107.29 107.29 107.29 107.29 107.29 107.29 107.29
8\19
51-55 - - 103.20 103.20 103.20 103.20 103.20 103.20 103.20 103.20 103.20 103.20 103.20 103.20 103.20
56-60 - - 97.89 97.89 97.89 97.89 97.89 97.89 97.89 97.89 97.89 97.89 97.89 97.89 97.89
<=45 - - 116.46 116.46 116.46 116.46 116.46 116.46 116.46 116.46 116.46 116.46 116.46 116.46 116.46 116.46
46-50 - - 109.73 109.73 109.73 109.73 109.73 109.73 109.73 109.73 109.73 109.73 109.73 109.73 109.73 109.73
8\20
51-55 - - 105.46 105.46 105.46 105.46 105.46 105.46 105.46 105.46 105.46 105.46 105.46 105.46 105.46 105.46
56-60 - - 99.92 99.92 99.92 99.92 99.92 99.92 99.92 99.92 99.92 99.92 99.92 99.92 99.92 99.92
<=45 - - - 93.36 93.36 93.36 93.36 93.36
46-50 - - - 88.08 88.08 88.08 88.08 88.08

9\12
51-55 - - - 84.64 84.64 84.64 84.64 84.64
56-60 - - - 77.88 77.88 77.88 77.88 77.88
<=45 - - - 96.58 96.58 96.58 96.58 96.58 96.58
46-50 - - - 91.26 91.26 91.26 91.26 91.26 91.26

9\13
51-55 - - - 87.75 87.75 87.75 87.75 87.75 87.75
56-60 - - - 81.37 81.37 81.37 81.37 81.37 81.37
<=45 - - - 101.51 101.51 101.51 101.51 101.51 101.51 101.51
46-50 - - - 96.04 96.04 96.04 96.04 96.04 96.04 96.04

9\14
51-55 - - - 92.36 92.36 92.36 92.36 92.36 92.36 92.36
56-60 - - - 86.25 86.25 86.25 86.25 86.25 86.25 86.25
<=45 - - - 107.91 107.91 107.91 107.91 107.91 107.91 107.91 107.91
46-50 - - - 102.18 102.18 102.18 102.18 102.18 102.18 102.18 102.18

9\15
51-55 - - - 98.27 98.27 98.27 98.27 98.27 98.27 98.27 98.27
56-60 - - - 92.34 92.34 92.34 92.34 92.34 92.34 92.34 92.34

Policy Years
AGE
PPT\PT
BAND
1-5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
<=45 - - - 107.89 107.89 107.89 107.89 107.89 107.89 107.89 107.89 107.89
46-50 - - - 102.13 102.13 102.13 102.13 102.13 102.13 102.13 102.13 102.13
9\16
51-55 - - - 98.11 98.11 98.11 98.11 98.11 98.11 98.11 98.11 98.11
56-60 - - - 91.90 91.90 91.90 91.90 91.90 91.90 91.90 91.90 91.90
<=45 - - - 108.54 108.54 108.54 108.54 108.54 108.54 108.54 108.54 108.54 108.54
46-50 - - - 102.70 102.70 102.70 102.70 102.70 102.70 102.70 102.70 102.70 102.70
9\17
51-55 - - - 98.57 98.57 98.57 98.57 98.57 98.57 98.57 98.57 98.57 98.57
56-60 - - - 92.00 92.00 92.00 92.00 92.00 92.00 92.00 92.00 92.00 92.00
<=45 - - - 109.68 109.68 109.68 109.68 109.68 109.68 109.68 109.68 109.68 109.68 109.68
46-50 - - - 103.74 103.74 103.74 103.74 103.74 103.74 103.74 103.74 103.74 103.74 103.74
9\18
51-55 - - - 99.47 99.47 99.47 99.47 99.47 99.47 99.47 99.47 99.47 99.47 99.47
56-60 - - - 92.51 92.51 92.51 92.51 92.51 92.51 92.51 92.51 92.51 92.51 92.51
<=45 - - - 111.23 111.23 111.23 111.23 111.23 111.23 111.23 111.23 111.23 111.23 111.23 111.23
46-50 - - - 105.18 105.18 105.18 105.18 105.18 105.18 105.18 105.18 105.18 105.18 105.18 105.18
9\19
51-55 - - - 100.73 100.73 100.73 100.73 100.73 100.73 100.73 100.73 100.73 100.73 100.73 100.73
56-60 - - - 93.36 93.36 93.36 93.36 93.36 93.36 93.36 93.36 93.36 93.36 93.36 93.36
<=45 - - - 113.16 113.16 113.16 113.16 113.16 113.16 113.16 113.16 113.16 113.16 113.16 113.16 113.16
46-50 - - - 106.94 106.94 106.94 106.94 106.94 106.94 106.94 106.94 106.94 106.94 106.94 106.94 106.94
9\20
51-55 - - - 102.33 102.33 102.33 102.33 102.33 102.33 102.33 102.33 102.33 102.33 102.33 102.33 102.33
56-60 - - - 94.47 94.47 94.47 94.47 94.47 94.47 94.47 94.47 94.47 94.47 94.47 94.47 94.47
<=45 - - - 79.23 79.23 79.23 79.23 79.23
46-50 - - - 75.45 75.45 75.45 75.45 75.45

10\12
51-55 - - - 74.03 74.03 74.03 74.03 74.03
56-60 - - - 67.90 67.90 67.90 67.90 67.90
<=45 - - - 84.33 84.33 84.33 84.33 84.33 84.33
46-50 - - - 80.20 80.20 80.20 80.20 80.20 80.20

10\13
51-55 - - - 78.05 78.05 78.05 78.05 78.05 78.05
56-60 - - - 71.90 71.90 71.90 71.90 71.90 71.90
<=45 - - - 90.91 90.91 90.91 90.91 90.91 90.91 90.91
46-50 - - - 86.31 86.31 86.31 86.31 86.31 86.31 86.31

10\14
51-55 - - - 83.33 83.33 83.33 83.33 83.33 83.33 83.33
56-60 - - - 77.07 77.07 77.07 77.07 77.07 77.07 77.07

Policy Years
AGE
PPT\PT
BAND
1-5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
<=45 - - - 98.87 98.87 98.87 98.87 98.87 98.87 98.87 98.87
46-50 - - - 93.68 93.68 93.68 93.68 93.68 93.68 93.68 93.68

10\15
51-55 - - - 89.78 89.78 89.78 89.78 89.78 89.78 89.78 89.78
56-60 - - - 83.27 83.27 83.27 83.27 83.27 83.27 83.27 83.27
<=45 - - - 99.72 99.72 99.72 99.72 99.72 99.72 99.72 99.72 99.72
46-50 - - - 94.38 94.38 94.38 94.38 94.38 94.38 94.38 94.38 94.38
10\16
51-55 - - - 90.38 90.38 90.38 90.38 90.38 90.38 90.38 90.38 90.38
56-60 - - - 83.73 83.73 83.73 83.73 83.73 83.73 83.73 83.73 83.73
<=45 - - - 101.14 101.14 101.14 101.14 101.14 101.14 101.14 101.14 101.14 101.14
46-50 - - - 95.63 95.63 95.63 95.63 95.63 95.63 95.63 95.63 95.63 95.63
10\17
51-55 - - - 91.51 91.51 91.51 91.51 91.51 91.51 91.51 91.51 91.51 91.51
56-60 - - - 84.66 84.66 84.66 84.66 84.66 84.66 84.66 84.66 84.66 84.66
<=45 - - - 103.03 103.03 103.03 103.03 103.03 103.03 103.03 103.03 103.03 103.03 103.03
46-50 - - - 97.31 97.31 97.31 97.31 97.31 97.31 97.31 97.31 97.31 97.31 97.31
10\18
51-55 - - - 93.04 93.04 93.04 93.04 93.04 93.04 93.04 93.04 93.04 93.04 93.04
56-60 - - - 85.98 85.98 85.98 85.98 85.98 85.98 85.98 85.98 85.98 85.98 85.98
<=45 - - - 105.34 105.34 105.34 105.34 105.34 105.34 105.34 105.34 105.34 105.34 105.34 105.34
46-50 - - - 99.38 99.38 99.38 99.38 99.38 99.38 99.38 99.38 99.38 99.38 99.38 99.38
10\19
51-55 - - - 94.95 94.95 94.95 94.95 94.95 94.95 94.95 94.95 94.95 94.95 94.95 94.95
56-60 - - - 87.61 87.61 87.61 87.61 87.61 87.61 87.61 87.61 87.61 87.61 87.61 87.61
<=45 - - - 108.42 108.42 108.42 108.42 108.42 108.42 108.42 108.42 108.42 108.42 108.42 108.42 108.42
46-50 - - - 102.91 102.91 102.91 102.91 102.91 102.91 102.91 102.91 102.91 102.91 102.91 102.91 102.91
10\20
51-55 - - - 98.88 98.88 98.88 98.88 98.88 98.88 98.88 98.88 98.88 98.88 98.88 98.88 98.88
56-60 - - - 93.64 93.64 93.64 93.64 93.64 93.64 93.64 93.64 93.64 93.64 93.64 93.64 93.64
J) Guaranteed Surrender Value Factors as percentage of total premiums paid
Note: This would only be payable once the policy has acquired a guaranteed surrender value.
For Guaranteed Maturity option
Policy Policy Term

Year 10 years 11 years 12 years 13 years 14 years 15 years 16 years 17 years 18 years 19 years 20 years
1 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
2 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30%
3 35% 35% 35% 35% 35% 35% 35% 35% 35% 35% 35%
4 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%
5 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%
6 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%
7 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%
8 75% 75% 75% 75% 75% 75% 75% 75% 75% 75% 75%
9 90% 75% 75% 75% 75% 75% 75% 75% 75% 75% 75%
10 90% 90% 75% 75% 75% 90% 90% 90% 90% 90% 90%
11 90% 90% 90% 90% 90% 90% 90% 90% 90% 100%
12 90% 90% 90% 90% 90% 90% 90% 100% 100%
13 90% 90% 90% 90% 90% 100% 100% 100%
14 90% 90% 90% 100% 100% 100% 100%
15 90% 100% 100% 100% 100% 100%
16 100% 100% 100% 100% 100%
17 100% 100% 100% 100%
18 100% 100% 100%
19 100% 100%
20 100%
Guaranteed Surrender Value (GSV) Factor for Accrued Guaranteed Additions is 30%
(applicable for Guaranteed Maturity Option)
For Guaranteed Income Option
Policy Policy Term

Year 7 years 8 years 9 years 10 years 11 years 12 years 13 years 14 years 15 years 16 years 17 years
1 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
2 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30%
3 35% 35% 35% 35% 35% 35% 35% 35% 35% 35% 35%
4 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%
5 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%
6 90% 75% 50% 50% 50% 50% 50% 50% 50% 50% 50%
7 90% 90% 75% 50% 50% 50% 50% 50% 50% 50% 50%
8 90% 90% 75% 75% 75% 75% 75% 75% 75% 75%
9 90% 90% 90% 75% 75% 75% 75% 75% 75%
10 90% 90% 90% 90% 90% 90% 90% 90%
11 100% 90% 90% 90% 90% 90% 90%
12 100% 90% 90% 90% 90% 90%
13 100% 90% 90% 90% 90%
14 100% 90% 90% 90%
15 100% 90% 90%
16 100% 90%
17 100%
For Life Long Income option
Policy Premium Payment Term

Year 5 years 6 years 10 years 12 years
1 0% 0% 0% 0%
2 30% 30% 30% 30%
3 35% 35% 35% 35%
4 50% 50% 50% 50%
5 90% 50% 50% 50%
6 90% 90% 50% 50%
7 90% 50% 50%
8 75% 75%
9 75% 75%
10 90% 90%
11 90% 90%
12 90%
13 100%
For Long Term Income Option
Policy Policy Term

Year 5 years 6 years 7 years 8 years 9 years 10 years 11 years 12 years 13 years
1 0% 0% 0% 0% 0% 0% 0% 0% 0%
2 30% 30% 30% 30% 30% 30% 30% 30% 30%
3 35% 35% 35% 35% 35% 35% 35% 35% 35%
4 90% 50% 50% 50% 50% 50% 50% 50% 50%
5 90% 90% 50% 50% 50% 50% 50% 50% 50%
6 90% 90% 75% 50% 50% 50% 50% 50%
7 90% 90% 75% 50% 50% 50% 50%
8 90% 90% 75% 75% 75% 75%
9 90% 90% 75% 75% 75%
10 90% 90% 90% 90%
11 90% 90% 90%
12 90% 90%
13 100%
K) Nomination as per Section 39 of the Insurance Act 1938 as amended from time to time:
1) The policyholder of a life insurance on his own life may nominate a person or persons to whom money secured
by the policy shall be paid in the event of his death.
2) Where the nominee is a minor, the policyholder may appoint any person to receive the money secured by the
policy in the event of policyholder’s death during the minority of the nominee. The manner of appointment to
be laid down by the insurer.
3) Nomination can be made at any time before the maturity of the policy.
4) Nomination may be incorporated in the text of the policy itself or may be endorsed on the policy
communicated to the insurer and can be registered by the insurer in the records relating to the policy.
5) Nomination can be cancelled or changed at any time before policy matures, by an endorsement or a further
endorsement or a will as the case may be.
6) A notice in writing of Change or Cancellation of nomination must be delivered to the insurer for the insurer to
be liable to such nominee. Otherwise, insurer will not be liable if a bonafide payment is made to the person
named in the text of the policy or in the registered records of the insurer.
7) Fee to be paid to the insurer for registering change or cancellation of a nomination can be specified by the
Authority through Regulations.
8) A transfer or assignment made in accordance with Section 38 shall automatically cancel the nomination
except in case of assignment to the insurer or other transferee or assignee for purpose of loan or against
security or its reassignment after repayment. In such case, the nomination will not get cancelled to the extent
of insurer’s or transferee’s or assignee’s interest in the policy. The nomination will get revived on repayment of
the loan.
9) The provisions of Section 39 are not applicable to any life insurance policy to which Section 6 of Married
Women’s Property Act, 1874 applies or has at any time applied except where before or after Insurance Laws
(Amendment) Act 2015, a nomination is made in favour of spouse or children or spouse and children whether
or not on the face of the policy it is mentioned that it is made under Section 39. Where nomination is intended
to be made to spouse or children or spouse and children under Section 6 of MWP Act, it should be specifically
mentioned on the policy. In such a case only, the provisions of Section 39 will not apply.
L) Assignment as per Section 38 of the Insurance Act 1938 as amended from time to time:
1) This policy may be transferred/assigned, wholly or in part, with or without consideration.
2) An Assignment may be effected in a policy by an endorsement upon the policy itself or by a separate
instrument under notice to the Insurer.
3) The instrument of assignment should indicate the fact of transfer or assignment and the reasons for the
assignment or transfer, antecedents of the assignee and terms on which assignment is made.
4) The assignment must be signed by the transferor or assignor or duly authorized agent and attested by at least
one witness.
5) The transfer or assignment shall not be operative as against an Insurer until a notice in writing of the transfer
or assignment and either the said endorsement or instrument itself or copy there of certified to be correct by
both transferor and transferee or their duly authorized agents have been delivered to the Insurer.
6) Fee to be paid for assignment or transfer can be specified by the Authority through Regulations.
7) On receipt of notice with fee, the Insurer should Grant a written acknowledgement of receipt of notice. Such
notice shall be conclusive evidence against the insurer of duly receiving the notice.
8) The Insurer may accept or decline to act upon any transfer or assignment or endorsement, if it has sufficient
reasons to believe that it is (a) not bonafide or (b) not in the interest of the policyholder or (c) not in public
interest or (d) is for the purpose of trading of the insurance policy.
9) In case of refusal to act upon the endorsement by the Insurer, any person aggrieved by the refusal may prefer
a claim to IRDAI within 30 days of receipt of the refusal letter from the Insurer.
Section K (Nomination) and L (Assignment or Transfer) are simplified versions prepared for general
information only and hence are not comprehensive. For full texts of these sections please refer to Section 38
and Section 39 of the Insurance Act, 1938 as amended by The Insurance Laws (Amendment) Act, 2015.
M) Prohibition of Rebates: In accordance with Section 41 of the Insurance Act, 1938 as amended from time to time:
1) No person shall allow or offer to allow, either directly or indirectly, as an inducement to any person to take out
or renew or continue an insurance in respect of any kind of risk relating to lives or property in India, any rebate
of the whole or part of the commission payable or any rebate of the premium shown on the policy, nor shall any
person taking out or renewing or continuing a policy accept any rebate, except such rebate as may be allowed
in accordance with the published prospectuses or tables of the insurer.
2) Any person making default in complying with the provisions of this section shall be liable for a penalty which
may extend to ten lakh rupees.
N) Non-Disclosure: In accordance with Section 45 of the Insurance Act, 1938 as amended from time to time:
1) No policy of life insurance shall be called in question on any ground whatsoever after the expiry of three years
from the date of the policy, i.e., from the date of issuance of the policy or the date of commencement of risk or
the date of revival of the policy or the date of the rider to the policy, whichever is later.
2) A policy of life insurance may be called in question at any time within three years from the date of issuance of
the policy or the date of commencement of risk or the date of revival of the policy or the date of the rider to the
policy, whichever is later, on the ground of fraud: Provided that the insurer shall have to communicate in
writing to the insured or the legal representatives or nominees or assignees of the insured the grounds and
materials on which such decision is based.
3) Notwithstanding anything contained in sub-section (2), no insurer shall repudiate a life insurance policy on
the ground of fraud if the insured can prove that the mis-statement of or suppression of a material fact was
true to the best of his knowledge and belief or that there was no deliberate intention to suppress the fact or
that such mis-statement of or suppression of a material fact are within the knowledge of the insurer: Provided
that in case of fraud, the onus of disproving lies upon the beneficiaries, in case the policyholder is not alive.
4) A policy of life insurance may be called in question at any time within three years from the date of issuance of
the policy or the date of commencement of risk or the date of revival of the policy or the date of the rider to the
policy, whichever is later, on the ground that any statement of or suppression of a fact material to the
expectancy of the life of the insured was incorrectly made in the proposal or other document on the basis of
which the policy was issued or revived or rider issued: Provided that the insurer shall have to communicate in
writing to the insured or the legal representatives or nominees or assignees of the insured the grounds and
materials on which such decision to repudiate the policy of life insurance is based: Provided further that in
case of repudiation of the policy on the ground of misstatement or suppression of a material fact, and not on
the ground of fraud, the premiums collected on the policy till the date of repudiation shall be paid to the
insured or the legal representatives or nominees or assignees of the insured within a period of ninety days
from the date of such repudiation.
5) Nothing in this section shall prevent the insurer from calling for proof of age at any time if he is entitled to do
so, and no policy shall be deemed to be called in question merely because the terms of the policy are adjusted
on subsequent proof that the age of the Life Insured was incorrectly stated in the proposal.
O) In case of fraud or misrepresentation including non-disclosure of any material facts, the Policy shall be cancelled
immediately and the Surrender Value shall be payable, subject to the fraud or misrepresentation being established
in accordance with Section 45 of the Insurance Act, 1938, as amended from time to time.
P) Taxes:
Indirect Taxes
Taxes and levies as applicable shall be levied as applicable. Any taxes, statutory levy becoming applicable in future
may become payable by you by any method including by levy of an additional monetary amount in addition to
premium and or charges.
Direct Taxes
Tax will be deducted at the applicable rate from the payments made under the policy, as per the provisions of the
Income Tax Act, 1961, as amended from time to time.
Q) A policyholder can now have his life insurance policies in dematerialized form through a password protected online
account called an electronic Insurance Account (eIA). This eIA can hold insurance policies issued from any insurer in
dematerialized form, thereby facilitating the policy holder to access his policies on a common online platform.
Facilities such as online premium payment, changes in address are available through the eIA. Furthermore, you
would not be required to provide any KYC documents for any future policy purchase with any insurer. For more
information on eIA visit http://www.hdfclife.com/customer-service/life-insurance-policy-dematerialization
Contact us today
To buy: 1800-266-9777 (Toll free)

(Available all days 10am to 7pm)
Visit us at www.hdfclife.com
HDFC Life Insurance Company Limited (“HDFC Life”). CIN: L65110MH2000PLC128245. IRDAI Registration No. 101.
Registered Office: 13th Floor, Lodha Excelus, Apollo Mills Compound, N. M. Joshi Marg, Mahalaxmi, Mumbai - 400 011.
Email: [email protected], Help line: 1860-267-9999 (Local charges apply ) |.022-68446530 (STD charges apply) Available Mon-Sat 10 am to 7 pm IST . DO NOT prefix any
country code e.g. +91 or 00. | Website: www.hdfclife.com.
The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life
under an agreement entered into with HDFC Limited.
HDFC Life Sanchay Plus (UIN:101N134V16) is a non-participating, non-linked savings insurance plan. This version of the product brochure invalidates all previous
printed versions for this particular plan. This Product brochure is indicative of the terms, warranties, conditions and exclusions contained in the insurance policy.
Please know the associated risk and applicable charges from your insurance agent or the intermediary or policy document of the insurer. ARN: PP/12/22/31264.
BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS

• IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums.
Public receiving such phone calls are requested to lodge a police complaint.

Sanchay Plus - v09 Brochure

Uploaded by

Copyright:

Available Formats

Sanchay Plus - v09 Brochure

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Sanchay Plus - v09 Brochure

Uploaded by

Copyright:

Available Formats

In a life with no guarantees,

get assured benefits.

Guaranteed* Life cover to protect

KEY FEATURES OF HDFC LIFE SANCHAY PLUS

Eligibility Criteria Plan Option Minimum Maximum

Eligibility Criteria Plan Option Minimum Maximum

All ages mentioned above are age last birthday.

Get Guaranteed Benefit at maturity

Pay premium during the premium payment term

PLAN OPTION – GUARANTEED INCOME

Get Guaranteed Income

PLAN OPTION – LIFE LONG INCOME

Get Guaranteed Income up to age 99

Pay premium during the

Get Guaranteed Income up to 30 years

Pay premium during the

Death Benefit Death Benefit Death Benefit Death Benefit

5 15.00 19 13.60 33 12.20 47 10.80

6 14.90 20 13.50 34 12.10 48 10.70

7 14.80 21 13.40 35 12.00 49 10.60

8 14.70 22 13.30 36 11.90 50 10.50

9 14.60 23 13.20 37 11.80 51 10.45

10 14.50 24 13.10 38 11.70 52 10.40

11 14.40 25 13.00 39 11.60 53 10.35

12 14.30 26 12.90 40 11.50 54 10.30

13 14.20 27 12.80 41 11.40 55 10.25

14 14.10 28 12.70 42 11.30 56 10.20

15 14.00 29 12.60 43 11.20 57 10.15

16 13.90 30 12.50 44 11.10 58 10.10

17 13.80 31 12.40 45 11.00 59 10.05

18 13.70 32 12.30 46 10.90 60 10.00

*Age will be entry age as on the last birthday.

Rider UIN Scope of Benefits**

Death Policy Premium

Guaranteed Guaranteed Income^ of ` 227,000 p.a. from

Guaranteed Income^ of ` 104,750 p.a. from 12th year

Guaranteed Income^ of ` 97,750 p.a. from 12th year

Paid-up Maturity/Death benefit:

The minimum GSV shall be the sum of:

D) Cancellation in the Free-Look period:

Frequency Income (per frequency)

I) Guaranteed Additions (Applicable for Guaranteed Maturity Option only)

<=45 - 78.42 78.42 78.42 78.42 78.42

46-50 - 73.29 73.29 73.29 73.29 73.29

56-60 - 62.99 62.99 62.99 62.99 62.99

<=45 - 86.56 86.56 86.56 86.56 86.56 86.56

46-50 - 82.58 82.58 82.58 82.58 82.58 82.58

56-60 - 72.82 72.82 72.82 72.82 72.82 72.82

<=45 - 89.16 89.16 89.16 89.16 89.16 89.16 89.16

46-50 - 85.21 85.21 85.21 85.21 85.21 85.21 85.21

56-60 - 75.73 75.73 75.73 75.73 75.73 75.73 75.73

<=45 - 92.87 92.87 92.87 92.87 92.87 92.87 92.87 92.87

46-50 - 88.91 88.91 88.91 88.91 88.91 88.91 88.91 88.91

56-60 - 79.57 79.57 79.57 79.57 79.57 79.57 79.57 79.57

<=45 - - 97.98 97.98 97.98 97.98 97.98 97.98

46-50 - - 92.73 92.73 92.73 92.73 92.73 92.73

56-60 - - 82.86 82.86 82.86 82.86 82.86 82.86

<=45 - - 105.51 105.51 105.51 105.51 105.51 105.51 105.51

46-50 - - 101.97 101.97 101.97 101.97 101.97 101.97 101.97