BSLI Fortune Elite Plan: Features

BSLI Fortune Elite Plan
From the upper echelons of power, only a select few are invited.
IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER.
LINKED INSURANCE PRODUCTS DO NOT OFFER ANY LIQUIDITY DURING THE FIRST FIVE YEARS OF THE
CONTRACT. THE POLICYHOLDER WILL NOT BE ABLE TO SURRENDER / WITHDRAW THE MONIES INVESTED
IN LINKED INSURANCE PRODUCTS COMPLETELY OR PARTIALLY TILL THE END OF THE FIFTH YEAR.
Features:
 Flexibility to choose policy term of 20|25|30|35|40 years

 Flexibility to choose premium paying terms of 5|10|15|20 years
 Flexibility to choose from 3 investment options to suit your investment needs
 Flexibility to add top-ups whenever you have additional savings
 Flexibility of partial withdrawals to meet any emergency fund requirements
 Tax benefits under section 80C and section 10(10D) of the Income Tax Act, 1961*
Benefits:
 Guaranteed Additions - in the form of additional units will be added to your policy:
 On 10th policy anniversary and on every 5th policy anniversary thereafter, Guaranteed Addition is
2.00% of the total premiums paid in the last 60 months
 In addition on 11th policy anniversary and every policy anniversary thereafter, Guaranteed
Addition is 0.35% of the average Fund Value in the last 12 months
After the completion of 5 policy years, non-negative residual additions, if any, shall be credited to the
policy in order to meet the maximum reduction in yield as in Regulation 37 of IRDA (Linked
Insurance Products) Regulations, 2013.
 Death Benefit(2) - in the unfortunate event of death of the life insured while the policy is in effect, the
nominee will be paid the greater of -
 Basic Fund Value as on date of intimation of death; or
 Basic Sum Assured
In addition the greater of the following will be paid -

 Top-up Fund Value as on date of intimation of death; or
 Top-up Sum Assured
The Sum Assured will be reduced by the partial withdrawals made from as follows:
 Before the life insured attains the age of 60, the Basic Sum Assured payable on death is reduced
by partial withdrawals made in the preceding two years.
 Once the life insured attains the age of 60, the Basic Sum Assured payable on death is reduced by
all partial withdrawals made from age 58 onwards.
Death benefit shall never be less than 105% of total premiums paid to date (excluding service tax).
 Maturity Benefit- You will receive the Fund Value at maturity.
 Surrender Benefit - In case of emergencies, you can surrender your policy to Birla Sun Life anytime
during the policy term. Any such surrender will be treated according to the complete withdrawal as
mentioned in Policy Discontinuance section.
(2)
In case of death of the life insured, if life insured is different from the proposer/policyholder, the
proposer/policyholder will receive the policy proceeds.
Eligibility:
Entry Age 1 to 55 years (subject to max maturity age of 75 years)

Policy Term 20|25|30|35|40 years
Premium Paying Term 5|10|15|20 years
(PPT)
Minimum Basic Premium Rs. 40,000
Minimum Sum Assured Rs. 4,00,000
Top-up Premium Minimum Rs. 5,000
Commission:
As per RBI circular: RBI/2009-10/225 dated November 16, 2009, following are the details of the
comparative commission earned by HDFC Bank from Insurance (Life), whose products are being
distributed:
Commission, Brokerage and trail from Life Insurance
First Year Commission 2nd year Renewal Commission

Category
Min Max Min Max
Health 2% 25% 0% 7.50%
Pension 2% 7.50% 0% 2%
Protection 2% 35% 0% 0%
Savings & Investment 0% 35% 0% 3%
Group Product* 2% 2% 0% 0%
Note: The commission varies depending upon the Product in each category, tenure, amount of premium
and premium paying term
*For Group Products commission payable is 2% of the premium with a ceiling on the maximum payout
as defined by Insurance Regulatory and Development Authority of India (IRDAI) from time to time.
Important Disclaimer:
Unit linked Life Insurance products are different from the traditional insurance products and are subject to
risk factors. The various funds offered under this contract are the names of the funds and do not in any
way indicate the quality of these plans, their future prospects and returns. This is a non-participating unit
linked life insurance savings plan. Birla Sun Life Insurance and BSLI Fortune Elite Plan are only the
names of the Company and Policy respectively and do not in any way indicate their quality, future
prospects or returns. The charges are guaranteed throughout the term of the policy unless specifically
mentioned and subject to IRDA approval. The value of the investment fund reflects the value of the
underlying investments. These investments are subject to market risks and change in fundamentals such
as tax rates, etc. affecting the investment portfolio. The premium paid in unit linked life insurance policies
are subject to investment risk associated with capital markets and the unit price of the units may go up or
down based on the performance of investment fund and factors influencing the capital market and the
policyholder is responsible for his/her decisions. There is no guarantee or assurance of returns above the
guaranteed returns from the investment funds. Tax benefits are subject to changes in the tax laws. For
more details on risk factors, terms and conditions, please read the sales brochure carefully before
concluding the sale. Registered Office: One Indiabulls Centre Tower 1, 16th Floor, Jupiter Mill
Compound, 841 Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. Regn No. 109.
CIN: U99999MH2000PLC128110 Registration No. 109. UIN No. 109L090V01 ADV/5/17-18/236
HDFC Bank Ltd. is a corporate agent (IRDAI Registration No. CA0010) of Birla Sun Life Insurance
Company and does not underwrite the risk or acts as an insurer. The contract of insurance is between
Birla Sun Life Insurance Company and the insured and not between the bank and the insured.
Participation by the Bank’s clients in the insurance products is purely on a voluntary basis. HDFC Bank is
not responsible or liable for performance of any obligations under the contract of insurance.
Registered Address: Senapati Bapat Marg, Lower Parel West, Lower Parel, Mumbai, Maharashtra
400013.
IRDAI hereby clarifies to the public that
 IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial
products nor invest premiums.
 IRDAI does not announce any bonus. Public receiving such phone calls are requested to
lodge a police complaint along with details of phone call and number.

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BSLI Fortune Elite Plan

 Flexibility to choose policy term of 20|25|30|35|40 years

In addition the greater of the following will be paid -

 Maturity Benefit- You will receive the Fund Value at maturity.

Entry Age 1 to 55 years (subject to max maturity age of 75 years)

Commission, Brokerage and trail from Life Insurance

First Year Commission 2nd year Renewal Commission

CIN: U99999MH2000PLC128110 Registration No. 109. UIN No. 109L090V01 ADV/5/17-18/236

IRDAI hereby clarifies to the public that

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