Vision

Birla Sun Life Insurance

Regd. Office: One Indiabulls Centre, Tower 1, 15th & 16th Floor, Jupiter Mill Compound, 841,

Senapati Bapat Marg, Elphinstone Road, Mumbai 400013. Reg. No.109 Unique No.: 109N068V01

ADV/12/10-11/4380 VER 1/DEC/2010

Call Toll-free: 1-800-270-7000 www.birlasunlife.com SMS VISION to 56161

A whole life insurance plan

Secure your dreams and also get a whole life cover

12 1

2 3

PLAN at a GLANCE

This life insurance plan offers cover to Age 100 plus a

payable at the end of the term selected by you. Both your life cover and your survival

benefit will grow with accrued at the end of each policy month as long as

you pay your due premiums.

You customize your policy to suit your particular insurance and savings needs by choosing:

The “Sum Assured” which represents the amount of life insurance cover to Age 100

The “GSB Term” which represents the accumulation period of your policy. During this

period, your premiums are payable every year and at the end of this period, the Guaranteed

Survival Benefit shall be paid to you

In the event the life insured dies during the GSB Term, we shall pay to the nominee

The Sum Assured plus Monthly Additions accrued to date

In the event the life insured survives to the end of the GSB Term, we shall pay to you

The Guaranteed Survival Benefit plus Monthly Additions accrued to date; plus

If the life insured subsequently dies, the Sum Assured shall be paid to the nominee; or

If the life insured survives to Age 100, then the Sum Assured shall be paid to you

The premium is payable during the GSB Term only. If you discontinue paying premiums after

having paid for at least three full years, your policy will not lapse but continue on a Reduced

Paid-Up basis.

Entry Age (age last birthday) 1 to 65 years

Policy Term Whole Life to Age 100

Minimum Sum Assured Rs. 100,000

GSB Term 5 to 35 years

Minimum GSB Term Attained Age at GSB Term is 18 or more

Maximum GSB Term Attained Age at GSB Term is 75 or less

Premium Paying Term Regular Pay during the GSB Term

Your premium and your policy benefits will depend on the amount of the Sum Assured you

select. For easy reference, your Sum Assured is banded as follows:

Sum Assured Band Band 1 Band 2 Band 3 Band 4

Sum Assured (Rs.) 100,000 to 199,999 200,000 to 399,999 400,000 to 799,999 800,000 +

Whole Life Guaranteed Survival

Benefit

Monthly Additions

Eligibility Criterion

•

•

•

•

•

•

2 3

PLAN at a GLANCE

This life insurance plan offers cover to Age 100 plus a

payable at the end of the term selected by you. Both your life cover and your survival

benefit will grow with accrued at the end of each policy month as long as

you pay your due premiums.

You customize your policy to suit your particular insurance and savings needs by choosing:

The “Sum Assured” which represents the amount of life insurance cover to Age 100

The “GSB Term” which represents the accumulation period of your policy. During this

period, your premiums are payable every year and at the end of this period, the Guaranteed

Survival Benefit shall be paid to you

In the event the life insured dies during the GSB Term, we shall pay to the nominee

The Sum Assured plus Monthly Additions accrued to date

In the event the life insured survives to the end of the GSB Term, we shall pay to you

The Guaranteed Survival Benefit plus Monthly Additions accrued to date; plus

If the life insured subsequently dies, the Sum Assured shall be paid to the nominee; or

If the life insured survives to Age 100, then the Sum Assured shall be paid to you

The premium is payable during the GSB Term only. If you discontinue paying premiums after

having paid for at least three full years, your policy will not lapse but continue on a Reduced

Paid-Up basis.

Entry Age (age last birthday) 1 to 65 years

Policy Term Whole Life to Age 100

Minimum Sum Assured Rs. 100,000

GSB Term 5 to 35 years

Minimum GSB Term Attained Age at GSB Term is 18 or more

Maximum GSB Term Attained Age at GSB Term is 75 or less

Premium Paying Term Regular Pay during the GSB Term

Your premium and your policy benefits will depend on the amount of the Sum Assured you

select. For easy reference, your Sum Assured is banded as follows:

Sum Assured Band Band 1 Band 2 Band 3 Band 4

Sum Assured (Rs.) 100,000 to 199,999 200,000 to 399,999 400,000 to 799,999 800,000 +

Whole Life Guaranteed Survival

Benefit

Monthly Additions

Eligibility Criterion

•

•

•

•

•

•

4 5

Reduced Paid-Up Benefits

Enhancement to Monthly Additions

Under Reduced Paid-Up, all your Guaranteed Benefits shall be reduced in proportion to the

premiums actually paid to the total premiums payable during the GSB Term.

For example using a GSB Term of 25 years, if you discontinue premiums after 5 full years,

then the Guaranteed Benefits shall be reduced to 5/25 or 20% of their original values.

During the GSB Term and while due premiums have been paid in full, your guaranteed benefits

will grow with Monthly Additions accrued at the end of each policy month. The total Monthly

Additions accrued to date shall be payable at the end of the GSB Term or upon death of the

life insured if sooner.

At the beginning of each policy year, your policy will be assigned the latest Monthly Addition

Rate declared by us. Once this Monthly Addition Rate is assigned to your policy at the

beginning of its policy year, it shall be guaranteed for the next 12 months and used to calculate

your Monthly Additions during the upcoming policy year. Depending on our expectations

with regards to future economic conditions, we shall declare new Monthly Addition Rates on

April 1st of every calendar year.

The currently declared Monthly Addition Rates are as follows (annual rate per 1000 of

Sum Assured):

GSB Term 5 to 10 Years 11 to 15 Years 16 to 20 Years 21+ Years

Currently Declared 39.0 39.0 41.4 45.0

For GSB Terms beyond 21 years and if Monthly Additions have accrued for more than 21

policy years, the accrued Monthly Additions payable as a Death Benefit or a Survival Benefit

shall be enhanced by the following percentage:

Sum Assured Band Band 1 Band 2 Band 3 Band 4

For Each Policy Year 2.50% 5.00% 6.25% 6.75%

Exceeding 21

For a GSB Term of 25 years, Sum Assured of 250,000 (Band 2) and assuming that the Monthly

Addition Rate remains unchanged, the Monthly Additions accrued after 23 years and 3 months

is 250,000 x 233/12 x 45.0 / 1000 = 261,563. This amount will be enhanced by 5% for each policy year exceeding 21 or by (24 – 21) x 5% = 15%. As a result, the total amount payable is 261,563

x 115% = 300,797.

MONTHLY ADDITIONS

YOUR GUARANTEED BENEFITS

Guaranteed Death Benefit

Guaranteed Survival Benefit

Guaranteed Maturity Benefit

In the event the life insured dies during the policy term, we shall pay the Sum Assured to the

nominee as the Death Benefit. The policy shall be terminated once the Death Benefit is paid.

In the event the life insured survives to the end of the GSB Term, we shall pay to you as a

Survival Benefit, the Guaranteed Survival Benefit, as shown below. The policy continues even

after the Survival Benefit is paid.

The Guaranteed Survival Benefit (per 1000 of Sum Assured) is:

Sum Assured Band Sum Assured BandGSB GSBTerm TermBand 1 Band 2 Band 3 Band 4 Band 1 Band 2 Band 3 Band 4

5 1000 1042 1063 1074

6 1000 1046 1069 1081 21 1000 1220 1331 1386

7 1000 1051 1076 1089 22 1000 1236 1354 1414

8 1000 1056 1084 1099 23 1000 1253 1380 1444

9 1000 1062 1094 1110 24 1000 1272 1409 1477

10 1000 1070 1105 1122 25 1000 1293 1440 1513

11 1000 1078 1118 1137 26 1000 1316 1475 1554

12 1000 1088 1132 1155 27 1000 1342 1513 1599

13 1000 1100 1150 1175 28 1000 1371 1556 1649

14 1000 1113 1170 1198 29 1000 1403 1604 1705

15 1000 1129 1194 1226 30 1000 1438 1657 1767

16 1000 1141 1212 1247 31 1000 1478 1717 1837

17 1000 1155 1232 1271 32 1000 1522 1784 1915

18 1000 1169 1254 1296 33 1000 1573 1860 2003

19 1000 1185 1277 1323 34 1000 1630 1945 2102

20 1000 1202 1303 1353 35 1000 1694 2041 2214

In the event the life insured survives to the end of the policy term, we shall pay to you the

Sum Assured as the Guaranteed Maturity Benefit. The policy shall be terminated once the

Maturity Benefit is paid.

4 5

Reduced Paid-Up Benefits

Enhancement to Monthly Additions

Under Reduced Paid-Up, all your Guaranteed Benefits shall be reduced in proportion to the

premiums actually paid to the total premiums payable during the GSB Term.

For example using a GSB Term of 25 years, if you discontinue premiums after 5 full years,

then the Guaranteed Benefits shall be reduced to 5/25 or 20% of their original values.

During the GSB Term and while due premiums have been paid in full, your guaranteed benefits

will grow with Monthly Additions accrued at the end of each policy month. The total Monthly

Additions accrued to date shall be payable at the end of the GSB Term or upon death of the

life insured if sooner.

At the beginning of each policy year, your policy will be assigned the latest Monthly Addition

Rate declared by us. Once this Monthly Addition Rate is assigned to your policy at the

beginning of its policy year, it shall be guaranteed for the next 12 months and used to calculate

your Monthly Additions during the upcoming policy year. Depending on our expectations

with regards to future economic conditions, we shall declare new Monthly Addition Rates on

April 1st of every calendar year.

The currently declared Monthly Addition Rates are as follows (annual rate per 1000 of

Sum Assured):

GSB Term 5 to 10 Years 11 to 15 Years 16 to 20 Years 21+ Years

Currently Declared 39.0 39.0 41.4 45.0

For GSB Terms beyond 21 years and if Monthly Additions have accrued for more than 21

policy years, the accrued Monthly Additions payable as a Death Benefit or a Survival Benefit

shall be enhanced by the following percentage:

Sum Assured Band Band 1 Band 2 Band 3 Band 4

For Each Policy Year 2.50% 5.00% 6.25% 6.75%

Exceeding 21

For a GSB Term of 25 years, Sum Assured of 250,000 (Band 2) and assuming that the Monthly

Addition Rate remains unchanged, the Monthly Additions accrued after 23 years and 3 months

is 250,000 x 233/12 x 45.0 / 1000 = 261,563. This amount will be enhanced by 5% for each policy year exceeding 21 or by (24 – 21) x 5% = 15%. As a result, the total amount payable is 261,563

x 115% = 300,797.

MONTHLY ADDITIONS

YOUR GUARANTEED BENEFITS

Guaranteed Death Benefit

Guaranteed Survival Benefit

Guaranteed Maturity Benefit

In the event the life insured dies during the policy term, we shall pay the Sum Assured to the

nominee as the Death Benefit. The policy shall be terminated once the Death Benefit is paid.

In the event the life insured survives to the end of the GSB Term, we shall pay to you as a

Survival Benefit, the Guaranteed Survival Benefit, as shown below. The policy continues even

after the Survival Benefit is paid.

The Guaranteed Survival Benefit (per 1000 of Sum Assured) is:

Sum Assured Band Sum Assured BandGSB GSBTerm TermBand 1 Band 2 Band 3 Band 4 Band 1 Band 2 Band 3 Band 4

5 1000 1042 1063 1074

6 1000 1046 1069 1081 21 1000 1220 1331 1386

7 1000 1051 1076 1089 22 1000 1236 1354 1414

8 1000 1056 1084 1099 23 1000 1253 1380 1444

9 1000 1062 1094 1110 24 1000 1272 1409 1477

10 1000 1070 1105 1122 25 1000 1293 1440 1513

11 1000 1078 1118 1137 26 1000 1316 1475 1554

12 1000 1088 1132 1155 27 1000 1342 1513 1599

13 1000 1100 1150 1175 28 1000 1371 1556 1649

14 1000 1113 1170 1198 29 1000 1403 1604 1705

15 1000 1129 1194 1226 30 1000 1438 1657 1767

16 1000 1141 1212 1247 31 1000 1478 1717 1837

17 1000 1155 1232 1271 32 1000 1522 1784 1915

18 1000 1169 1254 1296 33 1000 1573 1860 2003

19 1000 1185 1277 1323 34 1000 1630 1945 2102

20 1000 1202 1303 1353 35 1000 1694 2041 2214

In the event the life insured survives to the end of the policy term, we shall pay to you the

Sum Assured as the Guaranteed Maturity Benefit. The policy shall be terminated once the

Maturity Benefit is paid.

76

In the event the life insured dies during the GSB Term, we shall pay to the nominee

Guaranteed Death Benefit; plus

Monthly Additions accrued to date; plus

Enhancement to Monthly Additions, if applicable

In the event the life insured dies after the GSB Term, the nominee shall receive the Guaranteed

Death Benefit.

The policy shall be terminated once the Death Benefit is paid.

In the event the life insured survives to the end of the GSB Term, we shall pay to you

Guaranteed Survival Benefit; plus

Monthly Additions accrued to date; plus

Enhancement to Monthly Additions, if applicable

The policy continues even after the Survival Benefit is paid.

In the event the life insured survives to the end of the policy term, we shall pay to you the

Guaranteed Maturity Benefit. The policy shall be terminated once the Maturity Benefit is paid.

Furthermore, you can enhance your insurance coverage during the GSB Term by adding one

or more of the following riders:

BSLI Accidental Death and Disability Rider (UIN: 109C018V01)

BSLI Critical Illness Rider (UIN: 109C019V01)

BSLI Surgical Care Rider (UIN: 109C015V01)

BSLI Hospital Care Rider (UIN: 109C016V01)

BSLI Waiver of Premium Rider (UIN: 109C017V01)

Please refer to detailed brochures on riders, consult your financial advisor or visit our website

for further details.

YOUR TOTAL BENEFITS

Death Benefit

Survival Benefit

Maturity Benefit

Additional Insurance Benefits

•

•

•

•

•

•

•

•

•

•

•

Reduced Paid-Up Benefits

Under Reduced Paid-Up, your accrued Monthly Additions to the date of premium

discontinuance will not be reduced but there will be no further accrual. The accrued Monthly

Additions to the date of premium discontinuance shall be paid at the end of the GSB Term or

upon death of the life insured if sooner.

In continuation of the previous example, if you discontinue premiums after 233/12 years, then Rs. 300,797 will be kept constant and paid at the end of the GSB Term or upon death of the

life insured if sooner.

76

In the event the life insured dies during the GSB Term, we shall pay to the nominee

Guaranteed Death Benefit; plus

Monthly Additions accrued to date; plus

Enhancement to Monthly Additions, if applicable

In the event the life insured dies after the GSB Term, the nominee shall receive the Guaranteed

Death Benefit.

The policy shall be terminated once the Death Benefit is paid.

In the event the life insured survives to the end of the GSB Term, we shall pay to you

Guaranteed Survival Benefit; plus

Monthly Additions accrued to date; plus

Enhancement to Monthly Additions, if applicable

The policy continues even after the Survival Benefit is paid.

In the event the life insured survives to the end of the policy term, we shall pay to you the

Guaranteed Maturity Benefit. The policy shall be terminated once the Maturity Benefit is paid.

Furthermore, you can enhance your insurance coverage during the GSB Term by adding one

or more of the following riders:

BSLI Accidental Death and Disability Rider (UIN: 109C018V01)

BSLI Critical Illness Rider (UIN: 109C019V01)

BSLI Surgical Care Rider (UIN: 109C015V01)

BSLI Hospital Care Rider (UIN: 109C016V01)

BSLI Waiver of Premium Rider (UIN: 109C017V01)

Please refer to detailed brochures on riders, consult your financial advisor or visit our website

for further details.

YOUR TOTAL BENEFITS

Death Benefit

Survival Benefit

Maturity Benefit

Additional Insurance Benefits

•

•

•

•

•

•

•

•

•

•

•

Reduced Paid-Up Benefits

Under Reduced Paid-Up, your accrued Monthly Additions to the date of premium

discontinuance will not be reduced but there will be no further accrual. The accrued Monthly

Additions to the date of premium discontinuance shall be paid at the end of the GSB Term or

upon death of the life insured if sooner.

In continuation of the previous example, if you discontinue premiums after 233/12 years, then Rs. 300,797 will be kept constant and paid at the end of the GSB Term or upon death of the

life insured if sooner.

9

Some benefits are guaranteed and some benefits are variable with returns based on the future

performance of your company (BSLI). If your policy offers guaranteed returns then these

will be clearly marked "guaranteed" in the illustration table on this page. If your policy offers

variable returns then the illustrations on this page will show two different rates of assumed

future investment returns. These assumed rates of return are not guaranteed and they are not

the upper or lower limits of what you might get back as the value of your policy is dependent

on a number of factors including future investment performance. In the illustration below, the

Sum Assured and Guaranteed Survival Benefit are fully guaranteed. The variable Monthly

Additions in the illustration below are not guaranteed and determined using assumed future

investment returns of 6% and 10% as set by the Life Insurance Council.

Entry Age : 35 years GSB Term : 25 years

Gender : Male Payment Mode : Yearly

Sum Assured : Rs. 250,000 Annual Premium : Rs. 10,563

Variable Monthly Additions Death / Survival BenefitPolicy Premiums Guaranteed

Year End Paid to Date SA / GSB at 6% p.a. at 10% p.a. at 6% p.a. at 10% p.a.

1 10,563 250,000 3,750 18,000 253,750 268,000

2 21,126 250,000 7,500 36,000 257,500 286,000

3 31,689 250,000 11,250 54,000 261,250 304,000

4 42,252 250,000 15,000 72,000 265,000 322,000

5 52,815 250,000 18,750 90,000 268,750 340,000

6 63,378 250,000 22,500 108,000 272,500 358,000

7 73,941 250,000 26,250 126,000 276,250 376,000

8 84,504 250,000 30,000 144,000 280,000 394,000

9 95,067 250,000 33,750 162,000 283,750 412,000

10 105,630 250,000 37,500 180,000 287,500 430,000

15 158,445 250,000 56,250 270,000 306,250 520,000

20 211,260 250,000 75,000 360,000 325,000 610,000

25 264,075 323,250 112,500 540,000 435,750 863,250

26 to 65 264,075 250,000 – – 250,000 250,000

Service Tax and Education Cess and any other applicable taxes will be added to your premium and levied

as per extant tax laws.

Please visit our website or ask your financial advisor for the benefit illustration for your policy.

YOUR BENEFIT ILLUSTRATION

8

9

Some benefits are guaranteed and some benefits are variable with returns based on the future

performance of your company (BSLI). If your policy offers guaranteed returns then these

will be clearly marked "guaranteed" in the illustration table on this page. If your policy offers

variable returns then the illustrations on this page will show two different rates of assumed

future investment returns. These assumed rates of return are not guaranteed and they are not

the upper or lower limits of what you might get back as the value of your policy is dependent

on a number of factors including future investment performance. In the illustration below, the

Sum Assured and Guaranteed Survival Benefit are fully guaranteed. The variable Monthly

Additions in the illustration below are not guaranteed and determined using assumed future

investment returns of 6% and 10% as set by the Life Insurance Council.

Entry Age : 35 years GSB Term : 25 years

Gender : Male Payment Mode : Yearly

Sum Assured : Rs. 250,000 Annual Premium : Rs. 10,563

Variable Monthly Additions Death / Survival BenefitPolicy Premiums Guaranteed

Year End Paid to Date SA / GSB at 6% p.a. at 10% p.a. at 6% p.a. at 10% p.a.

1 10,563 250,000 3,750 18,000 253,750 268,000

2 21,126 250,000 7,500 36,000 257,500 286,000

3 31,689 250,000 11,250 54,000 261,250 304,000

4 42,252 250,000 15,000 72,000 265,000 322,000

5 52,815 250,000 18,750 90,000 268,750 340,000

6 63,378 250,000 22,500 108,000 272,500 358,000

7 73,941 250,000 26,250 126,000 276,250 376,000

8 84,504 250,000 30,000 144,000 280,000 394,000

9 95,067 250,000 33,750 162,000 283,750 412,000

10 105,630 250,000 37,500 180,000 287,500 430,000

15 158,445 250,000 56,250 270,000 306,250 520,000

20 211,260 250,000 75,000 360,000 325,000 610,000

25 264,075 323,250 112,500 540,000 435,750 863,250

26 to 65 264,075 250,000 – – 250,000 250,000

Service Tax and Education Cess and any other applicable taxes will be added to your premium and levied

as per extant tax laws.

Please visit our website or ask your financial advisor for the benefit illustration for your policy.

YOUR BENEFIT ILLUSTRATION

8

10 11

Please ask your financial advisor or visit our website to determine the premium rate applicable

for your policy.

You may choose to pay your premium yearly, half-yearly, quarterly or monthly, as per your

convenience. For yearly and half-year payments, we give a premium rebate of 3.0% and

1.5% respectively.

For higher Sum Assured, we also offer a premium rebate as follows:

Sum Assured Band Band 1 Band 2 Band 3 Band 4

Premium rebate per nil 1.00 1.50 1.75

1000 SA

Your policy will acquire a surrender value after the completion of three policy years with all due

premiums paid for at least 3 years. The Guaranteed Surrender Value is 30% of premiums paid

excluding the first year's premium. Any premiums paid towards underwriting extras and/or

riders are also excluded. Your policy will be eligible for a Special Surrender Value once it has

completed 5 policy years. Please ask your financial advisor for an illustration of the Special

Surrender Values applicable to your policy.

You may take a loan against your policy once it has acquired a surrender value. The minimum

loan amount is Rs. 5,000 and the maximum is 90% of your surrender value. We shall charge

interest on the outstanding loan balance at a rate declared by us from time to time based on

then prevailing market conditions. Any outstanding loan balance will be recovered by us from

policy proceeds due for payment and will be deducted before any benefit is paid under the

policy. Should the outstanding policy loan balance equal or exceed the surrender value of your

policy at any time, then the policy shall be terminated without value. Note that prior to this

happening, we shall give you an opportunity to repay all or part of your outstanding loan

balance in order for your policy to continue uninterrupted. We shall notify you when your

outstanding loan balance is 95% or more of your surrender value.

YOUR OPTIONS

Paying Premiums

Sum Assured Rebate

Surrendering your Policy

Taking a Policy Loan

You will have the right to return your policy to us within 15 days from the date of receipt of the

policy, in case you are not satisfied with the terms & conditions of your policy. We will refund all

premiums paid till date once we receive your written notice of cancellation (along with reasons

thereof) together with the original policy documents. Depending on our then current

administration rules, we may reduce the amount of the refund by expenditures incurred by us in

issuing your policy and as permitted by the IRDA and in accordance to IRDA (Protection of

Policyholders Interest) Regulations, 2002.

If you are unable to pay your premium by the due date, you will be given a grace period of 30

days and during this grace period all coverage under your policy will continue. If you do not pay

your premium within the grace period, the following will be applicable:

a) In case you have not paid premiums for three full years, then all benefits under your policy

will cease immediately and your policy shall be terminated without value.

b) In case you have paid premiums for at least three full years, then your policy will be

continued on a Reduced Paid-Up basis.

You can reinstate your policy for its full coverage within two years from the due date of the

first unpaid premium by paying all outstanding premiums together with interest as declared

by us from time to time and by providing evidence of insurability satisfactory to us. Upon

reinstatement, your Sum Assured, Guaranteed Survival Benefit and accrued Monthly

Additions to date of reinstatement shall be restored to their full value.

As per extant tax laws, this plan offers tax benefits under Section 80C, 80D and Section

10 (10D) of the Income Tax Act, 1961.

Under Section 80C, premiums up to Rs. 1,00,000 are allowed as a deduction from your

taxable income each year

Under Section 80D premium paid for riders (Critical illness, Surgical Care and Hospital

Care) upto Rs. 15,000 are allowed as a deduction from your taxable income each year

Under Section 10 (10D), the benefits you receive from this plan are exempt from tax,

subject to mentioned exclusions

TERMS & CONDITIONS

Free-Look Period

Grace Period & Reinstatement

Tax Benefits

•

•

•

10 11

Please ask your financial advisor or visit our website to determine the premium rate applicable

for your policy.

You may choose to pay your premium yearly, half-yearly, quarterly or monthly, as per your

convenience. For yearly and half-year payments, we give a premium rebate of 3.0% and

1.5% respectively.

For higher Sum Assured, we also offer a premium rebate as follows:

Sum Assured Band Band 1 Band 2 Band 3 Band 4

Premium rebate per nil 1.00 1.50 1.75

1000 SA

Your policy will acquire a surrender value after the completion of three policy years with all due

premiums paid for at least 3 years. The Guaranteed Surrender Value is 30% of premiums paid

excluding the first year's premium. Any premiums paid towards underwriting extras and/or

riders are also excluded. Your policy will be eligible for a Special Surrender Value once it has

completed 5 policy years. Please ask your financial advisor for an illustration of the Special

Surrender Values applicable to your policy.

You may take a loan against your policy once it has acquired a surrender value. The minimum

loan amount is Rs. 5,000 and the maximum is 90% of your surrender value. We shall charge

interest on the outstanding loan balance at a rate declared by us from time to time based on

then prevailing market conditions. Any outstanding loan balance will be recovered by us from

policy proceeds due for payment and will be deducted before any benefit is paid under the

policy. Should the outstanding policy loan balance equal or exceed the surrender value of your

policy at any time, then the policy shall be terminated without value. Note that prior to this

happening, we shall give you an opportunity to repay all or part of your outstanding loan

balance in order for your policy to continue uninterrupted. We shall notify you when your

outstanding loan balance is 95% or more of your surrender value.

YOUR OPTIONS

Paying Premiums

Sum Assured Rebate

Surrendering your Policy

Taking a Policy Loan

You will have the right to return your policy to us within 15 days from the date of receipt of the

policy, in case you are not satisfied with the terms & conditions of your policy. We will refund all

premiums paid till date once we receive your written notice of cancellation (along with reasons

thereof) together with the original policy documents. Depending on our then current

administration rules, we may reduce the amount of the refund by expenditures incurred by us in

issuing your policy and as permitted by the IRDA and in accordance to IRDA (Protection of

Policyholders Interest) Regulations, 2002.

If you are unable to pay your premium by the due date, you will be given a grace period of 30

days and during this grace period all coverage under your policy will continue. If you do not pay

your premium within the grace period, the following will be applicable:

a) In case you have not paid premiums for three full years, then all benefits under your policy

will cease immediately and your policy shall be terminated without value.

b) In case you have paid premiums for at least three full years, then your policy will be

continued on a Reduced Paid-Up basis.

You can reinstate your policy for its full coverage within two years from the due date of the

first unpaid premium by paying all outstanding premiums together with interest as declared

by us from time to time and by providing evidence of insurability satisfactory to us. Upon

reinstatement, your Sum Assured, Guaranteed Survival Benefit and accrued Monthly

Additions to date of reinstatement shall be restored to their full value.

As per extant tax laws, this plan offers tax benefits under Section 80C, 80D and Section

10 (10D) of the Income Tax Act, 1961.

Under Section 80C, premiums up to Rs. 1,00,000 are allowed as a deduction from your

taxable income each year

Under Section 80D premium paid for riders (Critical illness, Surgical Care and Hospital

Care) upto Rs. 15,000 are allowed as a deduction from your taxable income each year

Under Section 10 (10D), the benefits you receive from this plan are exempt from tax,

subject to mentioned exclusions

TERMS & CONDITIONS

Free-Look Period

Grace Period & Reinstatement

Tax Benefits

•

•

•

Exclusions

Nomination and Assignment

Prohibition of Rebates - Section 41 of the Insurance Act, 1938

Non-Disclosure - Section 45 of the Insurance Act, 1938

We will only refund the premiums paid to date (excluding any premiums paid towards riders)

in the event the life insured dies by suicide, whether medically sane or insane, within one year

after the issue date or the reinstatement date of the policy.

In case you the policyholder is also the life insured, you need to nominate a person who shall

be entitled to the death benefit in case of death. This nomination shall be in accordance

with Section 39 of the Insurance Act, 1938. You also have the right to assign your policy in

accordance with Section 38 of the Insurance Act, 1938.

No person shall allow or offer to allow, either directly or indirectly, as an inducement to any

person to take 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.

Any person making default in complying with the provisions of this section shall be punishable

with a fine which may extend to five hundred rupees.

No policy of life insurance effected after the coming into force of this act shall, after the expiry of

two years from the date on which it was effected be called in question by an insurer on the

ground that statement made in the proposal or in any report of a medical officer, or referee, or

friend of the life insured, or in any other document leading to the issue of the policy, was

inaccurate or false, unless the insurer shows that such statement was on a material matter or

suppressed facts which it was material to disclose and that it was fraudulently made by the

policyholder and that the policyholder knew at the time of making it that the statement was

false or that it suppressed facts which it was material to disclose.

Provided that 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 application.

Exclusions

Nomination and Assignment

Prohibition of Rebates - Section 41 of the Insurance Act, 1938

Non-Disclosure - Section 45 of the Insurance Act, 1938

We will only refund the premiums paid to date (excluding any premiums paid towards riders)

in the event the life insured dies by suicide, whether medically sane or insane, within one year

after the issue date or the reinstatement date of the policy.

In case you the policyholder is also the life insured, you need to nominate a person who shall

be entitled to the death benefit in case of death. This nomination shall be in accordance

with Section 39 of the Insurance Act, 1938. You also have the right to assign your policy in

accordance with Section 38 of the Insurance Act, 1938.

No person shall allow or offer to allow, either directly or indirectly, as an inducement to any

person to take 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.

Any person making default in complying with the provisions of this section shall be punishable

with a fine which may extend to five hundred rupees.

No policy of life insurance effected after the coming into force of this act shall, after the expiry of

two years from the date on which it was effected be called in question by an insurer on the

ground that statement made in the proposal or in any report of a medical officer, or referee, or

friend of the life insured, or in any other document leading to the issue of the policy, was

inaccurate or false, unless the insurer shows that such statement was on a material matter or

suppressed facts which it was material to disclose and that it was fraudulently made by the

policyholder and that the policyholder knew at the time of making it that the statement was

false or that it suppressed facts which it was material to disclose.

Provided that 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 application.

Birla Sun Life Insurance Company Limited (BSLI) is a joint venture between the Aditya Birla

Group, a well known Indian conglomerate and Sun Life Financial Inc, one of the leading

international financial services organizations from Canada. With an experience of over a

decade, BSLI has contributed to the growth and development of the Indian life insurance

industry and currently is one of the leading life insurance companies in the country. Enjoying

trust of over 2 Million customers, BSLI is known for innovations. BSLI offers a complete

range of products comprising of protection solutions, children's future solutions, wealth with

protection, health and wellness as well as retirement solutions and has an extensive

distribution reach over 500 cities through its network of over 600 branches, over 1,53,000

empanelled advisors and over 243 partnerships with Corporate Agents and Banks. The AUM

of Birla Sun Life Insurance is close to Rs.18800 crs and it has a robust capital base of over

Rs. 2450 crs as on October 31, 2010. For more information, please visit www.birlasunlife.com

The Aditya Birla Financial Services Group (ABFSG) has a significant presence across various

verticals, including life insurance, insurance broking, mutual funds, private equity, security

based lending, factoring, insurance advisory services, wealth management, retail broking and

distribution of third party products.

The ABFSG is committed to being a leader and role model in a broad based and integrated

financial services business. Its 7 lines of businesses, with over 5.6 million customers manages

assets worth USD 18 billion approximately and prides itself for having a talent pool of over

16,000 committed employees. ABFSG has its wings spread across more than 500 cities in

India through 1600 branches and over 200,000 channel partners. This allows ABFSG to offer

its customers virtually anything other than a savings or current account. With revenue of over

1.25 bn US$, (2009-2010) ABFSG is a significant non bank player.

ABFSG is a part of Aditya Birla Nuvo Ltd (ABNL), a USD 3 billion conglomerate having

leadership position across its manufacturing as well as services sector businesses. ABNL is

a part of the Aditya Birla Group, a USD 29 billion Indian business house operating in 26

countries across the globe.

Sun Life Financial is a leading international financial services organization providing a diverse

range of protection and wealth accumulation products and services to individuals and

corporate customers.

BIRLA SUN LIFE INSURANCE – A COMING TOGETHER OF VALUES

About Birla Sun Life Insurance

About Aditya Birla Financial Services Group (ABFSG)

About Sun Life Financial

Chartered in 1865, Sun Life Financial and its partners today have operations in key markets

worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the

Philippines, Japan, Indonesia, India, China and Bermuda. As of June 30, 2010, the Sun Life

Financial group of companies had total assets under management of $434 billion. For more

information, please visit www.sunlife.com

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE)

stock exchanges under the ticker symbol SLF.

This policy is underwritten by Birla Sun Life Insurance Company Limited (BSLI). This is a non-

participating traditional insurance plan. All terms & conditions are guaranteed throughout the

policy term, except for the Monthly Addition Rate which will vary from policy year to policy year

depending on prevailing economic conditions. BSLI reserves the right to recover levies such

as the Service Tax and Education Cess levied by the authorities on insurance transactions.

If there be any additional levies, they too will be recovered from you. This brochure contains

only the salient features of the plan. For further details please refer to the policy contract.

Tax benefits are subject to changes in the tax laws. Insurance is the subject matter of the

solicitation. For more details and clarification call your BSLI Insurance Advisor or visit our

website and see how we can help in making your dreams come true.

RISK FACTORS AND DISCLAIMERS

Birla Sun Life Insurance Company Limited (BSLI) is a joint venture between the Aditya Birla

Group, a well known Indian conglomerate and Sun Life Financial Inc, one of the leading

international financial services organizations from Canada. With an experience of over a

decade, BSLI has contributed to the growth and development of the Indian life insurance

industry and currently is one of the leading life insurance companies in the country. Enjoying

trust of over 2 Million customers, BSLI is known for innovations. BSLI offers a complete

range of products comprising of protection solutions, children's future solutions, wealth with

protection, health and wellness as well as retirement solutions and has an extensive

distribution reach over 500 cities through its network of over 600 branches, over 1,53,000

empanelled advisors and over 243 partnerships with Corporate Agents and Banks. The AUM

of Birla Sun Life Insurance is close to Rs.18800 crs and it has a robust capital base of over

Rs. 2450 crs as on October 31, 2010. For more information, please visit www.birlasunlife.com

The Aditya Birla Financial Services Group (ABFSG) has a significant presence across various

verticals, including life insurance, insurance broking, mutual funds, private equity, security

based lending, factoring, insurance advisory services, wealth management, retail broking and

distribution of third party products.

The ABFSG is committed to being a leader and role model in a broad based and integrated

financial services business. Its 7 lines of businesses, with over 5.6 million customers manages

assets worth USD 18 billion approximately and prides itself for having a talent pool of over

16,000 committed employees. ABFSG has its wings spread across more than 500 cities in

India through 1600 branches and over 200,000 channel partners. This allows ABFSG to offer

its customers virtually anything other than a savings or current account. With revenue of over

1.25 bn US$, (2009-2010) ABFSG is a significant non bank player.

ABFSG is a part of Aditya Birla Nuvo Ltd (ABNL), a USD 3 billion conglomerate having

leadership position across its manufacturing as well as services sector businesses. ABNL is

a part of the Aditya Birla Group, a USD 29 billion Indian business house operating in 26

countries across the globe.

Sun Life Financial is a leading international financial services organization providing a diverse

range of protection and wealth accumulation products and services to individuals and

corporate customers.

BIRLA SUN LIFE INSURANCE – A COMING TOGETHER OF VALUES

About Birla Sun Life Insurance

About Aditya Birla Financial Services Group (ABFSG)

About Sun Life Financial

Chartered in 1865, Sun Life Financial and its partners today have operations in key markets

worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the

Philippines, Japan, Indonesia, India, China and Bermuda. As of June 30, 2010, the Sun Life

Financial group of companies had total assets under management of $434 billion. For more

information, please visit www.sunlife.com

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE)

stock exchanges under the ticker symbol SLF.

This policy is underwritten by Birla Sun Life Insurance Company Limited (BSLI). This is a non-

participating traditional insurance plan. All terms & conditions are guaranteed throughout the

policy term, except for the Monthly Addition Rate which will vary from policy year to policy year

depending on prevailing economic conditions. BSLI reserves the right to recover levies such

as the Service Tax and Education Cess levied by the authorities on insurance transactions.

If there be any additional levies, they too will be recovered from you. This brochure contains

only the salient features of the plan. For further details please refer to the policy contract.

Tax benefits are subject to changes in the tax laws. Insurance is the subject matter of the

solicitation. For more details and clarification call your BSLI Insurance Advisor or visit our

website and see how we can help in making your dreams come true.

RISK FACTORS AND DISCLAIMERS

Vision

Birla Sun Life Insurance

Regd. Office: One Indiabulls Centre, Tower 1, 15th & 16th Floor, Jupiter Mill Compound, 841,

Senapati Bapat Marg, Elphinstone Road, Mumbai 400013. Reg. No.109 Unique No.: 109N068V01

ADV/12/10-11/4380 VER 1/DEC/2010

Call Toll-free: 1-800-270-7000 www.birlasunlife.com SMS VISION to 56161

A whole life insurance plan

Secure your dreams and also get a whole life cover

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