Reating Lif: Child Protection Money Back Plan

C R E AT I N G L I FE
CHILD PROTECTION MONEY BACK PLAN
Dear Customer, The Plan: Creating Life Money Back Plan participates in the surplus of the fund to which it belongs. Subject to the Policy being in full force (i.e. neither surrendered, lapsed nor converted to a reduced paid-up Policy), 20% of the Sum Assured is payable on the Policy anniversaries as shown in the table, irrespective of survival of Life Assured. Subject to the Policy being in full force, the Death Benefit at any time is the full Sum Assured. Bonuses are declared as a percentage of Sum Assured and are payable on maturity. In case of Surrender of the Policy, after at least three full years' premiums have been paid, a cash Surrender Value is payable. General: This illustration has been prepared by ING Vysya Life Insurance Company Limited in accordance with the Standards of Conduct and Sound Practice issued by the Life Insurance Council of India. Expected Interest Rates: For the purpose of projecting benefits under this Policy, the Life Insurance Council has prescribed two rates of returns. Currently the prescribed higher rate is 10% p.a. and the lower rate is 6% p.a. Expected Bonus Rates: The Bonus rates are illustrated assuming that the rate of return on the Company's investment remains the same throughout the Policy Term. Guarantees: Provided the Policy is in full force, the Sum Assured is guaranteed to be paid on death. Also, provided the Policy is in full force (i.e. without being surrendered, lapsed or converted to a reduced paid-up), 20% of the Sum Assured is guaranteed at the end of every one-fifth of the Policy Term as shown in the table, irrespective of survival of the Life Assured. The Bonuses shown overleaf are not guaranteed. However bonuses already declared are guaranteed, provided that the Policy is in full force then. Bonuses are declared based on the performance of the Company. The non-guaranteed Bonuses shown overleaf include annual Reversionary Bonuses and Terminal Bonus, if any, and are payable only at maturity of the Policy. Please note that past performance is not necessarily indicative of any future performance of the Company. Cash Surrender Value: This Policy may be surrendered for cash at any time after payment of at least three full years' premiums. The Guaranteed Surrender Value (GSV) is 20% of total full years' Premiums paid, excluding all extra Premiums less 20% of all recurring benefits due as on the surrender date. Cash Surrender Value if higher than GSV, may be paid by the company at rates as may be determined from time to time.
Statutory Warning: 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 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 returns 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. (For any clarifications please contact us at 1-800-425 5433 or visit www.ingvysyalife.com)
Gautam Sharma EVP - Head, Marketing ING Vysya Life
Page 1
Benefit Illustration
C R E AT I N G L I FE
CHILD PROTECTION MONEY BACK PLAN
Proposer: Life Assured: Age (l.b.d) of Life Assured: 35 Sex: Male
Date: Signed by: Advisor Code:
Plan: Policy Term (yrs): Maturity Age: Basic Sum Assured: Annual Premium:^ Premium Mode:
Creating Life Money Back Plan 20 55 142,659 12,000 Annual
Maturity Benefit
Assumed Investment Return Guaranteed Non-Guaranteed Total 6% p.a 28,532 99,861 128,393 10% p.a 28,532 178,324 206,856
Policy Year
Age at End of Year
Premium at Beginning of Year^
Guaranteed Guaranteed Recurring and Death Benefit Maturity Benefit End of Year
Additional Non-Guaranteed Maturity Benefit on Assumed Investment Return
6% p.a.
Vested Reversionary Bonus Terminal Bonus
10% p.a.
Vested Reversionary Bonus Terminal Bonus
Page 2
Benefit Illustration
14,266
*Assuming death of Life Assured after 8 years.
^ Excluding Service Tax of Rs. 122 Note: i) The above illustration has been prepared assuming annual mode of premium payment. ii) If required by law, the Company may withhold taxes from the benefits payable under this Policy. The Company also reserves the right to recover from you the levies such as Service Tax or such other taxes as may be levied by the appropriate authorities on insurance transactions.
ING Vysya Life Insurance Co. Ltd., Registration No. 114, Regd. & Corporate Office: 'ING Vysya House', 5th Floor, No. 22, M G Road, Bangalore - 560 001, India. Tel: 080 - 25328000. Fax: 080 - 25559764.
Insurance is the subject matter of solicitation.
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55
12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 -
142,659 142,659 142,659 142,659 142,659 142,659 142,659 142,659 -
28,532 28,532 28,532 28,532 28,532
4,280 8,560 12,839 17,119 21,399 25,679 29,958 34,238 38,518 42,798 47,077 51,357 55,637 59,917 64,197 68,476 72,756 77,036 81,316 85,595
8,203 16,406 24,609 32,812 41,014 49,217 57,420 65,623 73,826 82,029 90,232 98,435 106,638 114,840 123,043 131,246 139,449 147,652 155,855 164,058
14,266

Reating Lif: Child Protection Money Back Plan

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C R E AT I N G L I FE

CHILD PROTECTION MONEY BACK PLAN

Gautam Sharma EVP - Head, Marketing ING Vysya Life

Proposer: Life Assured: Age (l.b.d) of Life Assured: 35 Sex: Male

Date: Signed by: Advisor Code:

Creating Life Money Back Plan 20 55 142,659 12,000 Annual

Age at End of Year

Premium at Beginning of Year^

Additional Non-Guaranteed Maturity Benefit on Assumed Investment Return

*Assuming death of Life Assured after 8 years.

Insurance is the subject matter of solicitation.

12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 -

142,659 142,659 142,659 142,659 142,659 142,659 142,659 142,659 -

28,532 28,532 28,532 28,532 28,532

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