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Presentation on Comparison of Peak NAV Guarantee ULIP
कि�स में� कि�तना�
है दमेंKis Main Kitna
Hai Dum
Insurer LIC SBI Life Bajaj Allianz
Reliance Life
HDFC ICICI Pru
ULIP Samridhi Plus
Smart Performer
Max Advantage
NAV Advantage
SL Crest Pinnacle II
Entry Age 8-65 Yrs 9-60 Yrs 8-60 Yrs 7-60 Yrs 14-55 Yrs 8-65 Yrs
Term 10 Yrs 10 Yrs 10 Yrs 15 Yrs 10 Yrs 10 Yrs
PPT Single or 5 Yrs
Single or 5 Yrs
5-7 Yrs Single or 15 Yrs
5 Yrs 5 Yrs
Maturity Age
18-75 Yrs 75 Yrs 18-70 Yrs 22-75 Yrs 19-65 Yrs 75 Yrs
Mode Single, Yly, Hly, Qly, ECS Monthly
Yly, Hly, QLY, ECS Monthly
Yly, Hly, QLY, ECS Monthly
Single,Yly, Hly,
QLY (ECS), Monthly
(ECS)
Annual Annual
Insurer LIC SBI Life Bajaj Allianz Reliance Life HDFC ICICI Pru
ULIP Samridhi Plus
Smart Performer
Max Advantage
NAV Advantage
SL Crest Pinnacle II
Risk Cover
SP 1.10-5 Times; Annual
7-20 Times
SP 1.25-5 Times; 7-20 Times of Annual Premium
7-10 Times of Annual Premium
SP 1.1-6 Times;
Annual 10-30 Times (Age 7-
11Max 5 Lac)
10-20 Times
7-10 Times of Annual
Premium
Death Cover
SA or Fund Value
SA or Fund Value
(minimum 105% of
Premium)
SA + Fund Value
SA or Fund Value
(minimum 105% of
Premium)
SA or Fund Value
(minimum 105% of
Premium
SA + Fund Value
DAB YES - YES RIDERS - -
Insurer LIC SBI Life Bajaj Allianz
Reliance Life
HDFC ICICI Pru
ULIP Samridhi Plus
Smart Performer
Max Advantage
NAV Advantag
e
SL Crest Pinnacle II
Premium SP 30000; Yly 15000 Hly 8000 Qly 4000ECS 1500
SP 60000Yly 50000 Hly 44000 Qly 36000 ECS 20000
Annual 25000
SP 50000;Yly 20000Hly 10000Qly 5000Mly 2000
50000 PA 50000 PA
Fund Type One – Samridhi Plus Fund
Two -Guarantee
on One
Five - Guarantee
on One
One Two - Guarantee on One
One
NAV Guarantee
100 Months,
Term End Peak NAV
7 Yrs – 5% Higher
than Peak NAV
Full Full 7 Yrs – Peak NAV
or 15
7 Yrs or Term Ends
Insurer LIC SBI Life Bajaj Allianz
Reliance Life HDFC ICICI Pru
ULIP Samridhi Plus
Smart Performer
Max Advantage
NAV Advantage
SL Crest Pinnacle II
Allocation Charges[1st Year]
6% 8.5% 10% 7% 4% 6%
Allocation Charges[Later]
4.50% for PPT
6% for PPT
3.75% (2-5)0%
6% (2-4)5.5% (5-10)5% (11 on)
4% (2)3% (3)
2% (4-5)
5% (2)3% (3-5)
Allocation Charges
[SP]
3.3% 3% NA 2% NA NA
Top Up NA NA 2% 2% NA NA
Insurer LIC SBI Life Bajaj Allianz
Reliance Life
HDFC ICICI Pru
ULIP Samridhi Plus
Smart Performer
Max Advantage
NAV Advantage
SL Crest
Pinnacle II
Partial Withdraw
5 Yrs 5 Yrs 3 Yrs 5 Yrs 5 Yrs 5 Yrs
Surrender 5 Yrs 5 Yrs 5 Yrs 5 Yrs 5 Yrs 5 Yrs
Surrender Charges
NIL NIL NIL NIL NIL NIL
Discontinuation Charges
Yes Yes Yes Yes Yes Yes
Insurer LIC SBI Life Bajaj Allianz
Reliance Life
HDFC ICICI Pru
ULIP Samridhi Plus
Smart Performer
Max Advantage
NAV Advantage
SL Crest Pinnacle II
Policy Admn Charge
1st Yr 30 PM;
there-after
Escalation @ 3%
SP Flat 50 PM; AP
Flat 60 PM
1ST Yr NIL3% PA of Annual
Premium from 2nd Yr
on
40 PM (thru) for
SP; No Charges for AP.
0.31% of Annual
Premium PM;
Escalation 5% PA; Max 500
PM
0.25% of Annual Premium PM
for 5 Yrs; 0.1% 6th
Yr on
FMC 0.90% 1.00% 1.25% 1.35% 1.35% 1.35%
Guarantee Charge
0.40% 0.50% 0.25% 0.25% 0.50% 0.10%
Insurer LIC SBI Life Bajaj Allianz Reliance Life HDFC ICICI Pru
ULIP Samridhi Plus
Smart Performer
Max Advantage
NAV Advantage
SL Crest Pinnacle II
1st Yr Alctn Charge 6000 8500 10000 7000 4000 6000
Policy Admn Charges 360 720 0 0 3720 3000
Total 1st Year 6360 9220 10000 7000 7720 9000
2nd Yr Alctn Charge 4500 6000 3750 6000 4000 5000
Total 2nd Year 4878 6720 6750 6000 7906 8000
3rd Yr Alctn Charge 4500 6000 3750 6000 3000 3000
Total 3rd Year 4897 6720 6750 6000 7101 6000
4th Yr Alctn Charge 4500 6000 3750 6000 2000 3000
Total 4th Year 4917 6720 6750 6000 6306 6000
5th Yr Alctn Charge 4500 6000 3750 5500 2000 3000
Total 5th Year 4938 6720 6750 5500 6522 6000
TOTAL IN 5 YRS 25990 36100 37000 30500 35555 35000Total 5 Yr Premium 500000 500000 500000 500000 500000 500000
Allocated 474010 463900 463000 469500 464445 465000
Illustration Mode Yly; Premium 1 Lac; SA 10 Lac
Insurer LIC SBI Life Bajaj Allianz ICICI Pru Life
Reliance Life
HDFC Std Life
ULIP Samridhi Plus
Smart Performer
Max Advantage
Pinnacle II
NAV Advantage
SL Crest
Sample Mortality Charges[rate per thousand
at the age]
8 0.50
ChargesAre
Based on SAR
Formula
2.48
10 0.48 2.48 0.77
18 1.15 2.48
25 1.25 2.70
30 1.46 2.74 1.46 1.57 1.46
35 1.73 3.03
40 2.57 3.82 2.48 2.52 2.57
45 3.89 5.05
50 6.56 7.53 5.91
55 10.76 11.37
60 16.34 16.56 14.21
65 27.02 25.84
And the winner
is…
• Simple: Only ONE Fund Type.• Range of Investment 0-100%: Extremely
Flexible.• Virtual Auto Switching – Useful in
Avoiding Fall or Booking Profit.• Even, if the all above do not impress, the
highest NAV over the first 100 Months of the policy or the NAV as at the end of the term, whichever is higher, is payable.
How Safe is Investment?
Safe Bet – More than Capital Guarantee(Investment INR 1 Lac)
Fund Type Govt. Securities
Short-term money market
instruments
Listed Equity Shares
Wealth Plus Fund
0% to
100%
0% to
100%
0% to
100%
Fund Spread
60-70%[Rate of Return 8% PA]
INR 70000
30-40%
INR 30000
10 Years 151124 120000TOTAL 251124 [IRR 10.49%]
Return ProjectionULIP
[Similar Time Horizon or Investment Pattern]
Launch Date[Period Elapsed]
Fund Type Current NAV
(16.02.11)
Bima Plus 2.02.01[10 Y]
Risk 58.74Balanced 41.12
Child Fortune Plus 1.11.08[2 Y 3 M]
Risk 15.23Secure 15.58
Wealth Plus 9.02.2010[1 Yr]
Wealth Plus 11.05[5.11.2010]
Wealth Plus is a Peak NAV Guarantee ULIP
Investments in ULIP are subject to Market Risks
INVEST TODAY!
Compilation: Kulbhushan Sharma, Manager MASH, EC ZO/DO Patna