29-10-2024
Quote No : cfnxupsjahn
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: Mr Proposal No: NA
Age: 27 Name of Product: HDFC Life Sanchay Fixed Maturity Plan
A Non-Linked,Non-
Name of Life Assured 1: Mr Tag Line: Participating,Individual,Savings,Life
Insurance Plan
Age: 27 Unique Identification No: 101N142V07
Sex: F GST Rate: 4.5%* for first year
Policy Term: 15 2.25%* second year onwards
Premium Paying Term: 6
Amount of Instalment Premium
Rs.100000
(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 1000000
1049500 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 1,00,000 0 0 0 0 0 1,00,000
Instalment Premium with First Year GST 1,04,500 0 0 0 0 0 1,04,500
Instalment Premium with GST 2nd Year Onwards 1,02,250 0 0 0 0 0 1,02,250
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(Amount in Rupees)
Policy Year Single/ Guaranteed Non Guaranteed Surrender Value
Annualized Payable
Survival Benefits / Other benefits Maturity Benefit Death Benefit Guaranteed Special Surrender Value
Premium
Loyalty Additions (if any) Surrender
Value
1 100000 0 0 0 1000000 0 61770 61770
2 100000 0 0 0 1000000 60000 133030 133030
3 100000 0 0 0 1000000 105000 214888 214888
4 100000 0 0 0 1000000 200000 308564 308564
5 100000 0 0 0 1000000 250000 415408 415408
6 100000 0 0 0 1000000 300000 536906 536906
7 0 0 0 0 1000000 300000 578311 578311
8 0 0 0 0 1000000 336000 622937 622937
9 0 0 0 0 1000000 366000 671036 671036
10 0 0 0 0 1000000 402000 722882 722882
11 0 0 0 0 1000000 438000 778771 778771
12 0 0 0 0 1000000 474000 839021 839021
13 0 0 0 0 1000000 504000 903977 903977
14 0 0 0 0 1000000 540000 974015 974015
15 0 0 0 1049500 1049500 0 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.
*The death benefit payable shall be the higher of Guaranteed Death benefit (illustration above) and the surrender value applicable at the time of death.
I , have explained the premiums and benefits under the policy fully to the prospect / I Mr ,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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