25-11-2024

Quote No : qch24x4vv9ns8,Application No : 3200113449483

Benefit Illustration for HDFC Life Smart Pension Plus - Enhanced
This illustration has been produced by HDFC Life Insurance Company Limited to help you understand the benefits of your
HDFC Life Smart Pension Plus.
ANNUITANT DETAILS
Annuitant Type Name Age Gender
Primary Annuitant Subodh Joshi 54 Male
Age is taken as on last birthday

This benefit illustration is intended to show year-wise premiums payable and benefits under the Policy.
POLICY DETAILS
Date Of Commencement: 25-Nov-2024 Name of the Product: HDFC Life Smart Pension Plus
Option B - Life Annuity with Return of 100% of Total A Non-Linked, Non-Participating, Individual/Group
Plan Option: Product Tagline
Premiums Paid Annuity Savings Plan
Sub Option: N/A Unique Identification number 101N173V09
Rate Of Increase in Annuity : - Proposal Number
Life Coverage : Single Life GST Rate: 18 %*
Specified Period for which Annuity is certain
NPS Flag : No Not Applicable
(if applicable)
Percentages of annuity to Secondary
Annuity Type: Deferred Annuitant on death of the Primary Annuitant NA
(if Applicable)
Deferment Period: 5 Year(s), 0 Month(s) and 0 Day(s) Frequency of Annuity Payment Annually
Premium Payment Term: 5 year(s) Guaranteed Annuity Payout Rs. 42103
Initial Variable Annuity Payout(if applicable)
First Annuity Payout Date: 25-Nov-2030 Not Applicable
Rs
Purchase Price(excl Taxes) 10000 Benefits Payable on death Rs Refer Column (10) in the below illustration
Amount allocated for investment(First
9500
Year):
Amount allocated for Investment(2nd
9350
Year Onwards):

Premium/Purchase Price Summary

Base Plan Riders Total Instalment Premium
Instalment Premium without GST 10000 Not Applicable 10000
Instalment Premium with First Year GST 10090 Not Applicable 10090

Instalment Premium with GST 2nd Year Onwards 10117 Not Applicable 10117
How to read and understand this benefit illustration?
(1)This benefit illustration is intended to show the guaranteed annuity pay-out and variability of pay-outs(in case of variable annuity pay-out option)with the movement of publicly
available benchmark for the lifetime of annuitants(s).
(2)The values shown are for illustration purpose only. The actual annuity amount under annuity pay-out may go up or down depending on the volatility and risks associated with the
publicly available benchmark.
(3)For more details on risk factors,terms and conditions please read sales brochure carefully.Annualized premium excludes underwriting extra premium frequency loadings,if any on
premium,the premium paid towards the riders,If any,and Goods & Services Tax.Please refer the sales literature for explanation of terms used in this illustration

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(In case of variable annuity pay-out option, investment risk is partially borne by the policyholder or annuitants)
Projection of Annuity pay-out (Rs)
Details of the publicly available benchmark used for variable annuity payout, if applicable: Not Applicable
Projected Total Benefits Including Guaranteed and
Single / Guaranteed Variable Annuity Surrender Benefits (if any)
Policy value Variable Benefits
Annualized Annuity Payout
Year of the Guaranteed Surrender Special Surrender Surrender Annuity Death Other benefits
Premium Payout (if applicable)
(1) benchmark Value Value Value Payout Benefit (if any)
(2) (3) (4)
(5) (6) (7) (8) (9) (10) (11)
1 1,14,286 0 NA NA 0 81,408 81,408 0 1,26,000 0

2 1,14,286 0 NA NA 72,000 1,75,437 1,75,437 0 2,55,162 0

3 1,14,286 0 NA NA 1,26,000 2,83,556 2,83,556 0 3,94,338 0

4 1,14,286 0 NA NA 4,32,000 4,07,370 4,32,000 0 5,41,863 0

5 1,14,286 0 NA NA 5,40,000 5,48,681 5,48,681 0 6,98,240 0

6 0 42,103 NA NA 0 5,69,526 5,69,526 42,103 6,98,240 0

7 0 42,103 NA NA 0 5,70,233 5,70,233 42,103 6,56,137 0

8 0 42,103 NA NA 0 5,70,339 5,70,339 42,103 6,14,034 0

9 0 42,103 NA NA 0 5,70,805 5,70,805 42,103 6,00,000 0

10 0 42,103 NA NA 0 5,71,089 5,71,089 42,103 6,00,000 0

11 0 42,103 NA NA 0 5,71,674 5,71,674 42,103 6,00,000 0

12 0 42,103 NA NA 0 5,71,776 5,71,776 42,103 6,00,000 0

13 0 42,103 NA NA 0 5,72,600 5,72,600 42,103 6,00,000 0

14 0 42,103 NA NA 0 5,72,881 5,72,881 42,103 6,00,000 0

15 0 42,103 NA NA 0 5,73,463 5,73,463 42,103 6,00,000 0

16 0 42,103 NA NA 0 5,73,983 5,73,983 42,103 6,00,000 0

17 0 42,103 NA NA 0 5,74,383 5,74,383 42,103 6,00,000 0

18 0 42,103 NA NA 0 5,74,661 5,74,661 42,103 6,00,000 0

19 0 42,103 NA NA 0 5,75,240 5,75,240 42,103 6,00,000 0

20 0 42,103 NA NA 0 5,75,757 5,75,757 42,103 6,00,000 0

21 0 42,103 NA NA 0 5,76,514 5,76,514 42,103 6,00,000 0

22 0 42,103 NA NA 0 5,77,151 5,77,151 42,103 6,00,000 0

23 0 42,103 NA NA 0 5,77,666 5,77,666 42,103 6,00,000 0

24 0 42,103 NA NA 0 5,78,421 5,78,421 42,103 6,00,000 0

25 0 42,103 NA NA 0 5,78,936 5,78,936 42,103 6,00,000 0

26 0 42,103 NA NA 0 5,79,690 5,79,690 42,103 6,00,000 0

27 0 42,103 NA NA 0 5,80,203 5,80,203 42,103 6,00,000 0

28 0 42,103 NA NA 0 5,80,836 5,80,836 42,103 6,00,000 0

29 0 42,103 NA NA 0 5,81,590 5,81,590 42,103 6,00,000 0

30 0 42,103 NA NA 0 5,82,463 5,82,463 42,103 6,00,000 0

31 0 42,103 NA NA 0 5,82,915 5,82,915 42,103 6,00,000 0

32 0 42,103 NA NA 0 5,83,788 5,83,788 42,103 6,00,000 0

33 0 42,103 NA NA 0 5,84,241 5,84,241 42,103 6,00,000 0

34 0 42,103 NA NA 0 5,84,994 5,84,994 42,103 6,00,000 0

35 0 42,103 NA NA 0 5,85,627 5,85,627 42,103 6,00,000 0

36 0 42,103 NA NA 0 5,86,140 5,86,140 42,103 6,00,000 0

37 0 42,103 NA NA 0 5,86,835 5,86,835 42,103 6,00,000 0

38 0 42,103 NA NA 0 5,87,289 5,87,289 42,103 6,00,000 0

39 0 42,103 NA NA 0 5,87,864 5,87,864 42,103 6,00,000 0

40 0 42,103 NA NA 0 5,88,561 5,88,561 42,103 6,00,000 0

41 0 42,103 NA NA 0 5,89,258 5,89,258 42,103 6,00,000 0

42 0 42,103 NA NA 0 5,89,655 5,89,655 42,103 6,00,000 0

43 0 42,103 NA NA 0 5,90,054 5,90,054 42,103 6,00,000 0

44 0 42,103 NA NA 0 5,90,814 5,90,814 42,103 6,00,000 0

45 0 42,103 NA NA 0 5,91,215 5,91,215 42,103 6,00,000 0

46 0 42,103 NA NA 0 5,91,556 5,91,556 42,103 6,00,000 0

Note:(1)The benchmark shown in the column(5)is based on the projection made by the insurer based on expected movement(both positive and negative) of the benchmark.
(2)Annualized Premium excludes underwriting extra premium, frequency loadings on premiums, the premiums paid towards the riders,if any,and Goods & Service Tax.
(3)All amounts are in Indian Rupees and are rounded to the nearest whole number.

TERMS AND CONDITIONS

1.This plan doesn't have any Maturity/vesting benefit.
2.All benefits under this Product are guaranteed provided all due premiums have been paid and the policy is in force.
3.For more details of the above benefits, please read the sales literature provided.
4.Taxes and levies as applicable will be charged and are payable by you by any method including by levy of an additional monetary amount in addition topremium/ purchase price

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and/or charges.
5.The premiums are payable in advance and benefits are payable at the end of the year.
6. The Annuity rate shall be guaranteed at the outset and the annuity pay-outs shall start as per the option chosen and shall be paid as long as the annuitant(s) is/are alive. In case
of Joint Life annuity, the annuity payments will continue for as long as either of the annuitant(s) is alive and the death benefit (as applicable) will be paid on later of the deaths of the
two annuitants to the nominee/ legal heirs.
7. Surrender value will be higher of Guaranteed Surrender Value and Special Surrender Value
*GST of 18% is applied only on premium amount derived as per Rule 32(4) of CGST Rule (i.e. the non-investable component of premium amount) and the effective GST rate is
0.9%.

The values shown are for illustration only.

I , have explained the premiums payable, benefits receivable and the Terms & I Subodh Joshi,having received the information with respect to the above, have
Conditions under the product fully to the prospect / policyholder. 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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