05-07-2024
Quote No : c9ozgrfyfou
Benefit Illustration for HDFC Life Sanchay Fixed Maturity Plan
This Illustration has been produced by HDFC Life Insurance Company Limited to help you understand the benefits of your HDFC
Life Sanchay Fixed Maturity Plan
DETAILS
Name of the Prospect/Policyholder: D Proposal No: NA
Age: 32 Name of Product: HDFC Life Sanchay Fixed Maturity Plan
A Non-Linked,Non-
Name of Life Assured 1: D Tag Line: Participating,Individual,Savings,Life
Insurance Plan
Age: 32 Unique Identification No: 101N142V05
Sex: F GST Rate: 4.5%* for first year
Policy Term: 10 2.25%* second year onwards
Premium Paying Term: 8
Amount of Instalment Premium
Rs.40000
(Without GST):
Mode of Payment of Premium: Annual
*0% if qualifies as zero-rated supply under GST law
This benefit illustration is intended to show year-wise premiums payable and benefits under the policy.
Policy Details
Policy Option Single Life
Death Benefit(at
Sum Assured on Maturity 400000
410880 inception of the policy) Rs.
Rs.
Premium Summary
PP PP Total
Base Plan CI Rider IB Rider PP Rider (PAC) Rider Rider Instalment
(ADC) (CC) Premium
Instalment Premium without GST 40,000 0 0 0 0 0 40,000
Instalment Premium with First Year GST 41,800 0 0 0 0 0 41,800
Instalment Premium with GST 2nd Year Onwards 40,900 0 0 0 0 0 40,900
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(Amount in Rupees)
Policy Year Single/ Guaranteed Non-Guaranteed
Annualized
Survival Benefits / Other benefits Maturity Benefit Death Benefit Min Special Surrender Value
Premium
Loyalty Additions (if any) Guaranteed
Surrender
Value
1 40000 0 0 0 400000 0 0
2 40000 0 0 0 400000 24000 24000
3 40000 0 0 0 400000 42000 42000
4 40000 0 0 0 400000 80000 120819
5 40000 0 0 0 400000 100000 164994
6 40000 0 0 0 400000 120000 216328
7 40000 0 0 0 400000 140000 275716
8 40000 0 0 0 400000 224000 344235
9 0 0 0 0 400000 288000 376078
10 0 0 0 410880 410880 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 maturity benefit is payable at the end of the policy year. Upon payment of the maturity benefit, 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.
I , have explained the premiums and benefits under the policy fully to the prospect / I D ,having received the information with respect to the above, have understood the
policyholder. above statement before entering into the contract.
Place:
Date: Signature of Agent /Intermediary / Official Date: Signature of Prospect / Policyholder
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