07-05-2022
Quote No : b52808kuubx
Benefit Illustration for HDFC Life Sanchay Par Advantage
This illustration has been produced by HDFC Life Insurance Company Limited to help you understand the benefits of your HDFC Life Sanchay Par
Advantage
Age is taken as on last birthday Proposal No:
Name of the Prospect /Policy holder: Name of the Product: HDFC Life Sanchay Par Advantage
Age: 5 A Non-Linked, Participating,
Tag Line:
Life Insurance Plan
Name of the Life Assured:
Unique Identification No: 101N136V02
Age: 5
GST Rate: 4.5% for first year
Policy Term 40 year(s)
2.25% second year onwards
Premium Payment Term: 12 year(s)
Amount of Installment Premium(Without GST): 1000000
Mode of Payment of Premium: Annual
Mode of Payment of Survival Benefit: Annual
How to read and understand this benefit illustration?
This benefit illustration is intended to show year wise premiums payable and benefits under the policy, at two assumed rates of interest i.e., 8% p.a. and 4% p.a.
"Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your insurer carrying on life insurance business. If your policy offers guaranteed benefits then
these will be clearly marked "guaranteed" in the illustration table on this page. If your policy offers variable benefits then the illustrations on this page will show two different rates of assumed future investment
returns, of 8% p.a. and 4% p.a. 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."
Policy Details
Policy Option Immediate Income Sum Assured on Maturity Rs. 1,20,00,000
Sum Assured on Death (at inception of the
Bonus Type Cash Bonus 1,50,00,000
policy) Rs.
Premium Summary
Base Plan CI Rider IB Rider PP Rider (PAC) PP Rider (ADC) PP Rider (CC) Total Installment Premium
Instalment Premium without GST 10,00,000 0 0 0 0 0 10,00,000
Instalment Premium with First Year GST 10,45,000 0 0 0 0 0 10,45,000
Instalment Premium with GST 2nd Year Onwards 10,22,500 0 0 0 0 0 10,22,500
(Amounts in Rupees.)
Total Benefits
Non Guaranteed Benefits Non-Guaranteed Benefits including Guaranteed and Non-Guaranteed Benefits
Guaranteed Benefits
@ 4% p.a. @ 8% p.a.
Maturity Benefit Death Benefit Surrender Benefit
Single /
Policy Total Total Total Total
Annualized Total Death Total Death
Year Maturity Maturity Surrender Surrender
Premium Benefit incl Benefit incl
Survival Surrender Death Maturity Cash Surrender Cash Surrender Benefit, Benefit, Benefit incl Benefit incl
GA RB RB of TB, if of TB, if
Benefit Benefit# Benefit Benefit Bonus Benefit# Bonus Benefit# incl TB, if incl TB, if of TB, if of TB, if
any, @ 4% any, @ 8%
any, @ 4% any, @ 8% any, @ 4% any, @ 8%
(6+TB) (6+TB)
(7+TB) (7+TB) (5+10) (5+13)
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19
1 10,00,000 0 0 0 1,50,00,000 0 0 2,35,000 0 0 4,25,000 0 0 0 1,50,00,000 1,50,00,000 0 0
2 10,00,000 0 0 6,00,000 1,50,00,000 0 0 2,35,000 1,00,000 0 4,25,000 2,20,000 0 0 1,50,00,000 1,50,00,000 7,00,000 8,20,000
3 10,00,000 0 0 10,50,000 1,50,00,000 0 0 2,35,000 2,00,000 0 4,25,000 5,00,000 0 0 1,50,00,000 1,50,00,000 12,50,000 15,50,000
4 10,00,000 0 0 20,00,000 1,50,00,000 0 0 2,35,000 2,00,000 0 4,25,000 3,80,000 0 0 1,50,00,000 1,50,00,000 22,00,000 23,80,000
5 10,00,000 0 0 25,00,000 1,50,00,000 0 0 2,35,000 2,50,000 0 4,25,000 7,30,000 0 0 1,50,00,000 1,50,00,000 27,50,000 32,30,000
6 10,00,000 0 0 30,00,000 1,50,00,000 0 0 2,35,000 5,80,000 0 4,25,000 12,00,000 0 0 1,50,00,000 1,50,00,000 35,80,000 42,00,000
7 10,00,000 0 0 35,00,000 1,50,00,000 0 0 2,35,000 10,90,000 0 4,25,000 17,90,000 0 0 1,50,00,000 1,50,00,000 45,90,000 52,90,000
8 10,00,000 0 0 46,40,000 1,50,00,000 0 0 2,35,000 10,90,000 0 4,25,000 18,80,000 0 0 1,50,00,000 1,50,00,000 57,30,000 65,20,000
9 10,00,000 0 0 58,50,000 1,50,00,000 0 0 2,35,000 11,60,000 0 4,25,000 20,50,000 0 0 1,50,00,000 1,50,00,000 70,10,000 79,00,000
10 10,00,000 0 0 73,00,000 1,50,00,000 0 0 2,35,000 11,30,000 0 4,25,000 21,50,000 0 0 1,50,00,000 1,50,00,000 84,30,000 94,50,000
11 10,00,000 0 0 88,00,000 1,50,00,000 0 0 2,35,000 12,10,000 0 4,25,000 23,80,000 0 0 1,50,00,000 1,50,00,000 1,00,10,000 1,11,80,000
12 10,00,000 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 9,40,000 0 4,25,000 23,30,000 0 0 1,50,00,000 1,50,00,000 1,17,40,000 1,31,30,000
13 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 12,80,000 0 4,25,000 29,50,000 0 0 1,50,00,000 1,50,00,000 1,20,80,000 1,37,50,000
14 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 16,30,000 0 4,25,000 35,90,000 0 0 1,50,00,000 1,50,00,000 1,24,30,000 1,43,90,000
15 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 19,70,000 0 4,25,000 42,40,000 0 0 1,50,00,000 1,50,00,000 1,27,70,000 1,50,40,000
16 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 28,40,000 0 4,25,000 54,00,000 0 0 1,50,00,000 1,50,00,000 1,36,40,000 1,62,00,000
17 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 32,00,000 0 4,25,000 61,10,000 0 0 1,50,00,000 1,50,00,000 1,40,00,000 1,69,10,000
18 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 35,70,000 0 4,25,000 68,40,000 0 0 1,50,00,000 1,50,00,000 1,43,70,000 1,76,40,000
19 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 39,40,000 0 4,25,000 75,90,000 0 0 1,50,00,000 1,50,00,000 1,47,40,000 1,83,90,000
20 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 43,20,000 0 4,25,000 83,70,000 0 0 1,50,00,000 1,50,00,000 1,51,20,000 1,91,70,000
21 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 47,00,000 0 4,25,000 91,70,000 0 0 1,50,00,000 1,50,00,000 1,55,00,000 1,99,70,000
22 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 50,90,000 0 4,25,000 1,00,00,000 0 0 1,50,00,000 1,50,00,000 1,58,90,000 2,08,00,000
23 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 54,80,000 0 4,25,000 1,08,70,000 0 0 1,50,00,000 1,50,00,000 1,62,80,000 2,16,70,000
24 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 58,80,000 0 4,25,000 1,17,70,000 0 0 1,50,00,000 1,50,00,000 1,66,80,000 2,25,70,000
25 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 62,90,000 0 4,25,000 1,27,10,000 0 0 1,50,00,000 1,50,00,000 1,70,90,000 2,35,10,000
26 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 67,00,000 0 4,25,000 1,34,40,000 0 0 1,50,00,000 1,50,00,000 1,75,00,000 2,42,40,000
27 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 71,20,000 0 4,25,000 1,40,40,000 0 0 1,50,00,000 1,50,00,000 1,79,20,000 2,48,40,000
28 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 75,50,000 0 4,25,000 1,46,90,000 0 0 1,50,00,000 1,50,00,000 1,83,50,000 2,54,90,000
29 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 79,80,000 0 4,25,000 1,53,90,000 0 0 1,50,00,000 1,53,90,000 1,87,80,000 2,61,90,000
30 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 84,20,000 0 4,25,000 1,61,40,000 0 0 1,50,00,000 1,61,40,000 1,92,20,000 2,69,40,000
31 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 88,70,000 0 4,25,000 1,69,50,000 0 0 1,50,00,000 1,69,50,000 1,96,70,000 2,77,50,000
32 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 93,30,000 0 4,25,000 1,78,30,000 0 0 1,50,00,000 1,78,30,000 2,01,30,000 2,86,30,000
33 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 98,00,000 0 4,25,000 1,87,70,000 0 0 1,50,00,000 1,87,70,000 2,06,00,000 2,95,70,000
34 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 1,02,70,000 0 4,25,000 1,97,80,000 0 0 1,50,00,000 1,97,90,000 2,10,70,000 3,05,80,000
35 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 1,07,60,000 0 4,25,000 2,08,80,000 0 0 1,50,00,000 2,08,80,000 2,15,60,000 3,16,80,000
36 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 1,12,50,000 0 4,25,000 2,20,60,000 0 0 1,50,00,000 2,20,60,000 2,20,50,000 3,28,60,000
37 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 1,17,50,000 0 4,25,000 2,33,40,000 0 0 1,50,00,000 2,33,40,000 2,25,50,000 3,41,40,000
38 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 1,22,70,000 0 4,25,000 2,47,10,000 0 0 1,50,00,000 2,47,10,000 2,30,70,000 3,55,10,000
39 0 0 0 1,08,00,000 1,50,00,000 0 0 2,35,000 1,27,90,000 0 4,25,000 2,61,90,000 0 0 1,50,00,000 2,61,90,000 2,35,90,000 3,69,90,000
40 0 0 0 0 1,50,00,000 1,20,00,000 0 2,35,000 0 0 4,25,000 0 1,51,20,000 2,74,70,000 1,55,00,000 2,92,50,000 0 0
Notes:
1. Annualized Premium excludes underwriting extra premium, frequency loadings on premiums, the premiums paid towards the riders, if any, and Goods & Service Tax. Refer Sales Literature for explanation of
terms used in this illustration.
2. The survival benefits are payable at the end of the policy year. Upon payment at Maturity(Last Payout), the policy terminates and no further benefits become payable.
3. The death benefits shown above are at the end of the year. Upon payment, of death benefit the policy terminates and no further benefit is payable.
4. The surrender benefits shown above are at the end of the year. Upon payment of surrender benefit, the policy terminates and no further benefit becomes payable.
5. The Premium and the Sum Assured on Maturity stated above is based on the information provided. They may vary as a result of underwriting.
6. Any statutory levy or charges (such as Goods and Service tax) including any indirect tax may be charged to the Policyholder either now or in future by the company and such amount so charged shall
become due and payable and shall be subject to the same terms and conditions as applicable to payment of premium.
7. RB - Reversionary Bonus, TB - Terminal Bonus, GA - Guaranteed Additions
#In case cash bonuses have been paid out, the same shall be deducted from the Surrender Values indicated, at the time of pay out.
I , have explained the premiums charges and benefits under the product fully to the prospect / I ,having received the information with respect to the above, have understood the above
policy holder. statement before entering into the contract.
Place:
Date: Signature of Agent /Intermediary / Official Date: Signature of Prospect / Policyholder
Note: Kindly note that name of the company has changed from "HDFC Standard Life Insurance Company Limited" to "HDFC Life Insurance Company Limited".
