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    Invest Aaj for kal Life insurance
    1) This document provides a benefit illustration for an HDFC Life Guaranteed Wealth Plus policy for a 37-year old client with a policy term of 12 years and premium paying term of 10 years. 2) The annual premium amount is Rs. 200,000 and the sum assured is Rs. 2,000,000. The death benefit at inception is Rs. 2,460,000. 3) The illustration shows the guaranteed and non-guaranteed benefits over the policy term including survival benefits, maturity benefits, death benefits, and surrender values. It provides transparency on charges and benefits to help the client understand the policy.

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    Illustration

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    Invest Aaj for kal Life insurance
    13 views2 pages
    1) This document provides a benefit illustration for an HDFC Life Guaranteed Wealth Plus policy for a 37-year old client with a policy term of 12 years and premium paying term of 10 years. 2) The annual premium amount is Rs. 200,000 and the sum assured is Rs. 2,000,000. The death benefit at inception is Rs. 2,460,000. 3) The illustration shows the guaranteed and non-guaranteed benefits over the policy term including survival benefits, maturity benefits, death benefits, and surrender values. It provides transparency on charges and benefits to help the client understand the policy.

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    1) This document provides a benefit illustration for an HDFC Life Guaranteed Wealth Plus policy for a 37-year old client with a policy term of 12 years and premium paying term of 10 years. 2) The annual premium amount is Rs. 200,000 and the sum assured is Rs. 2,000,000. The death benefit at inception is Rs. 2,460,000. 3) The illustration shows the guaranteed and non-guaranteed benefits over the policy term including survival benefits, maturity benefits, death benefits, and surrender values. It provides transparency on charges and benefits to help the client understand the policy.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    13 views2 pages

    Illustration

    Uploaded by

    Invest Aaj for kal Life insurance
    1) This document provides a benefit illustration for an HDFC Life Guaranteed Wealth Plus policy for a 37-year old client with a policy term of 12 years and premium paying term of 10 years. 2) The annual premium amount is Rs. 200,000 and the sum assured is Rs. 2,000,000. The death benefit at inception is Rs. 2,460,000. 3) The illustration shows the guaranteed and non-guaranteed benefits over the policy term including survival benefits, maturity benefits, death benefits, and surrender values. It provides transparency on charges and benefits to help the client understand the policy.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    06-09-2023

    Quote No : bu42uylxnvq

    Benefit Illustration for HDFC Life Guaranteed Wealth Plus


    This Illustration has been produced by HDFC Life Insurance Company Limited to help you understand the
    benefits of your HDFC Life Guaranteed Wealth Plus
    DETAILS
    Name of the
    Client Proposal No: NA
    Prospect/Policyholder:
    Age: 37 Name of Product: HDFC Life Guaranteed Wealth Plus
    A non-linked, non-participating
    Name of Life Assured: Client Tag Line: individual life insurance
    Savings Plan.
    Age: 37 Unique Identification No: 101N165V03
    Policy Term: 12 Years GST Rate: 4.5%* for first year
    2.25%* second year
    Premium Paying Term: 10 Years
    onwards
    Amount of Instalment Premium
    Rs.200000
    (Without GST):
    Mode: 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.
    "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 Lump Sum Variant Sum Assured Rs. 2000000


    Sum Assured on Death (at
    2460000
    inception of the policy) 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 2,00,000 0 0 0 0 0 2,00,000
    Instalment Premium with First Year GST 2,09,000 0 0 0 0 0 2,09,000
    Instalment Premium with GST 2nd Year Onwards 2,04,500 0 0 0 0 0 2,04,500
    (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 2,00,000 0 0 0 24,60,000 0 0

    2 2,00,000 0 0 0 24,60,000 1,20,000 2,48,385

    3 2,00,000 0 0 0 24,60,000 2,10,000 4,05,410


    4 2,00,000 0 0 0 24,60,000 4,00,000 5,88,130

    5 2,00,000 0 0 0 24,60,000 5,00,000 7,99,400


    6 2,00,000 0 0 0 24,60,000 6,00,000 10,42,075

    7 2,00,000 0 0 0 24,60,000 7,00,000 13,21,865

    8 2,00,000 0 0 0 24,60,000 9,60,000 16,38,770


    9 2,00,000 0 0 0 24,60,000 12,60,000 20,04,210

    10 2,00,000 0 0 0 24,60,000 16,00,000 24,18,185


    11 0 0 0 0 26,26,600 18,00,000 26,26,600

    12 0 0 0 28,55,000 24,60,000 0 0

    Notes: Annualized Premium excludes underwriting extra premium, frequency loadings on premiums, the premiums paid towards the riders,
    if any, and Goods & Service Tax.
    *The death benefit payable shall be the higher of Guaranteed Death benefit (illustrated above) and the surrender value applicable at
    the time of death.

    I , have explained the premiums charges and benefits under the policy I Client ,having received the information with respect to the above,
    fully to the prospect / policy holder. have understood the above statement before entering into the contract.

    Place:

    Date: Signature of Agent /Intermediary / Official Date: Signature of Prospect / Policyholder

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