MONEY PLUS-1

(Plan 193)
 On special demand we are introducing
Money Plus as it is with some attractive
features in Non Single Premium.
Special Features
 Critical Illness Rider can be taken up to Ten
Lacs (Maximum in this Plan).
 Risk Cover Maximum upto 30 times
Annualized Premium.
 Extended risk cover after revival period too !!
 Low Fund Management Charges.
 Minimum S.A. relaxed only 5 time of
Annualized Premium
 Point Of Difference
S Point Of
MONEY PLUS T.No. 180 MONEY PLUS-1 T.No. 193
N Difference

Maximum
1 20 Yrs. 30 Yrs.
Term
Maximum 20 Times of Annualized 30 Times of Annualized
2
S.A. Premium Premium
5 Times of Annualized
Minimum Premium or Half of the only 5 Times of
3
S.A. term times which ever is Annualized Premium
more
No Single Only
4 Mode Yly,Hly,Qly& Single
Yly,Hly,Qly& ECS
5 CIR Max- 5 Lacs Max- 10 Lacs
Maturity Irregular Settlement Option
6 Settelment in next 5 years of Matuirty Not Available
Option Available
 Point Of
S
Differenc MONEY PLUS T.No. 180 MONEY PLUS-1 T.No. 193
N
e

Second
Rs 20/- per month during the
year &
second year and thereafter,
onwardsT
from the third year on wards
7 he Policy Rs. 20/- per month thereafter
till the end of the policy term
Administr
Rs. 20/- per month escalating
ation
at 3% p.a.
charge

0.75% p.a. of Unit Fund for 0.60% p.a. of Unit Fund for
Fund “Bond” Fund 1.00% p.a. of Unit “Bond” Fund 0.80% p.a. of Unit
Managem Fund for “Secured” Fund 1.25% Fund for “Secured” Fund 1.00%
8 p.a. of Unit Fund for “Balanced” p.a. of Unit Fund for “Balanced”
ent
Charges Fund 1.50% p.a. of Unit Fund for Fund 1.20% p.a. of Unit Fund for
“Growth” Fund “Growth” Fund
 MONEY
S Point Of
PLUS MONEY PLUS-1 T.No. 193
N Difference
T.No. 180
If atleast three years’ premiums have
been paid under the policy, the
policyholder may opt for continuation
of cover even beyond the revival
period without reviving the policy and
Option to paying any further premiums. This
continue option shall be required to be
life cover exercised atleast one month before
9 after Not Available the completion of the revival period. If
revival this option is availed, the cover under
period the policy shall continue by deduction
elapse of relevant charges out of policy fund.
This option shall continue till the
Policyholder’s Fund Value reaches
one annualized premium. No further
premiums shall be allowed to be paid
after the revival period is over.
Features

This is a Unit Linked Endowment Policy

•After deducting Administrative ,Mortality

& Rider Charges, the balance is invested in
Units
 Units are of 4 types

Bond
Income
Balanced
Growth Fund

The units are available at NAV to be declared daily !!

Benefits
Option at Maturity
To receive in one lump sum at Maturity
To receive in Regular installments for next Five Years (Yearly, Half yearly,
Quarterly). No administrative charge deduction during this period
Benefits
•Option to take surrender value only after
completion of 3 policy years.

•Death Benefit – On untimely death during the

term of the policy Sum Assured or Fund Value
will be payable which ever is higher.
Choose the Sum Assured as per your wish in the
range available

 Regular Prem- from 5 times of Annual

Premium up to 30 times the annualized
premium. (Min S.A.25,000 & in multiple of
5,000 Min. Prem 5,000/- )for higher ages
slightly lower.
RIDERS
 Critical Illness Rider

As per other plans.Subject to usual rules.

Min premium 0.72 per thousand for age 18
To 20.51 per thousand for age 59
Maximum up to Ten Lacs
Accident Benefit
Rider
Available maximum up to Sum Assured
at Re. 0.50 per Rs. 1000/- S A
subject to usual rules
( sub to max limit of 50,00,000 )
FLEXIBLE
FEATURES
SWITCHING OF
FUNDS
Switching is allowed between any fund types
during the policy term

Within a policy year, 4 switches are free.

Thereafter Switching Charge Rs.100/-

Switching is done at NAV Rates itself !!

Auto Cover
If premiums are not paid after 3 years, the rider
premiums + Admin Charges will be recovered from the
policy fund.
Full Risk Coverage with rider benefits will continue !!!!
For next Two years there after policy will be
surrendered if not revived during this period. No late
fee for delayed premium.
Continuation of cover even beyond
the revival period
If atleast three years’ premiums have been paid
under the policy, the policyholder may opt for
continuation of cover even beyond the revival period
without reviving the policy and paying any further
premiums. This option shall be required to be
exercised atleast one month before the completion of
the revival period. If this option is availed, the cover
under the policy shall continue by deduction of
relevant charges out of policy fund. This option shall
continue till the Policyholder’s Fund Value reaches
one annualized premium. No further premiums shall
be allowed to be paid after the revival period is over.
Top-Up Premium

NO TOP UP ALLOWED

PARTIAL WITHDRAWAL ALLOWED

After completion of three years.
Risk / Sum Assured will be reduced to the extent of % of
partial withdrawal. It will be restored after two years from
partial withdrawal.
Premature Withdrawal
Liquidity after 3 year
If the policyholder opts for Premature Withdrawal
after 3 years, the NAV of the total units in his
account will be returned back.
Compulsory withdrawal if premiums remain
unpaid for more than two years from date of FUP
 Allocation Charges
Annual Premium Policy
Premium Band 1st Year 2nd & 3rd Year 4th Year
onwards

5000-75000 26.50 % 5.00 % 2.50 %

75001 to 150000 25.50 % 5.00 % 2.50 %
150001to 300000 24.00 % 5.00 % 2.50 %
300001 & above 23.00 % 5.00 % 2.50 %
Administrative Charges

First year Rs.720, Second year

Rs.240 & 3% increasing thereafter
deductible every month (I.e. rs. 60,
rs.20 & 3% increasing on 20/-
resp.)
Underwriting Rules
Age at entry New born Baby to 65 years NBD
Plan available to ALL Male & Female lives
Branch Level Underwriting
Std Age Proof/NSAP-1/2/3+ Medical
Requirements as per SUC for all class of EMR
SUC as per Endowment Plan
Plan can be offered to NRI’s
Unit linked Endowment Insurance plan.
Wide Age band Starts from New Born Baby to 65 years
Caters 3 Main Insurance Markets - Child, Pension &
Investment Markets.
Quantum of Insurance –Choice of Customer.
Easy FULL Liquidity.
Partial Liquidity. Charges Nil.
No Exit Load. Surrender Charge NIL
Settlement Options…Available
High allocation ..comparing with Pvt company ULIPS.
OPTION TO CHANGE OVER IN PATTERN OF
INVESTMENT.
Accident Benefit Rider – Optional at nominal cost.
Health Ins. Rider ( CIR ) –Optional.
Entry Level Tax Benefits –Available.
Accrual Level Tax Benefits- Available.
Exit Point Tax Benefits -Available
 Best Target Group
People left out in Money Plus
People Interested in Ltd. P.P.T.
People with irregular flow of income
People investing in Mutual funds
People who prefer Bank FDs
People who invest in Post office savings instruments.
People
who complain about poor returns in
endowments
Peoplewho invest for child’s edu-fund, Forever
Young fund ( pension).
Write 1 on calculator after No. at interest NAV
of Years rate 10 %
then put decimal point .
1 1.10 X X 10 = 11.0000
Then Interest rate, let it 2 1.10 X X 10 = = 12.1000
be 10% (10/100=0.10) 3 1.10 X X 10 = = = 13.3100
It looks like ---- 1.10 4 1.10 X X 10 = = = = 14.6410
Then press 5 1.10 X X 10 = = = = = 16.1051
multiplication button 6 1.10 X X 10 = = = = = = 17.7156
two times and then 7 1.10 X X 10 = = = = = = = 19.4872
press = button for that 8 1.10 X X 10 = = = = = = = = 21.4359
many times for that no. 9 1.10 X X 10 = = = = = = = = = 23.5795
of years you want NAV. 10 1.10 X X 10 = = = = = = = = = = 25.9374
S.N. NAME % Holding
Equities
1 ONGC 5.81
2 RELIANCE INDUSTRIES LTD. 5.39
3 INFOSYS TECHNOLOGIES LIMITED 5.04
4 ITC LTD. 4.05
5 TATA CONSULTANCY SERVICES LIMITED 3.55
6 HINDUSTAN LEVER LTD. 3.02
7 STATE BANK OF INDIA 3.01
8 INDIAN HOTELS CO. LTD. 2.82
9 TATA MOTORS LTD 2.76
10 MAHINDRA & MAHINDRA LTD. 2.75
11 LARSEN & TOUBRO LIMITED 2.75
12 BHARTI AIRTEL LTD 2.74
13 MARUTI UDYOG LTD 2.62
14 CIPLA LTD. 2.5
15 ACC LIMITED 2.27
16 TATA STEEL LIMITED. 2.1
17 BAJAJ AUTO LTD. 2.09
18 GAS AUTHORITY OF INDIA 2.03
19 NATIONAL ALUMINIUM CO LTD 2.02
20 RANBAXY LABORATORIES LTD. 1.95
DO
C 22-05-2008 CIR 300000 Age 25                
S.A. 300000   Rate of Int. 10%     Units Scraped for Charges     Cumm fund
AB 300000 YEARLY Balance 1.1 Rate of Units Admin Mort Accident Critical Service ulative value
Year   Premium Risk Cover NAV Allocation Allocated Charge ality Benefit Illness Tax units  
1 22-05-2008 10000 293669 10.0000 0.7350 735.0000 68.57 40.57 14.29 26.00 9.99 576 6331
2 22-05-2009 10000 283836 11.0000 0.9500 863.6364 20.78 36.10 12.99 24.42 9.09 1336 16164
3 22-05-2010 10000 273026 12.1000 0.9500 785.1240 19.46 31.95 11.81 22.90 8.24 2027 26974
7 22-05-2014 10000 216731 17.7156 0.9750 550.3621 14.96 18.28 8.06 20.48 5.79 4273 83269
8 22-05-2015 10000 199009 19.4872 0.9750 500.3292 14.01 15.46 7.33 19.94 5.28 4711 100991
9 22-05-2016 10000 179545 21.4359 0.9750 454.8447 13.11 13.26 6.66 19.73 4.90 5108 120455
10 22-05-2017 10000 158178 23.5795 0.9750 413.4952 12.28 11.31 6.06 19.87 4.60 5468 141822
11 22-05-2018 10000 134716 25.9374 0.9750 376 11.50 9.53 5.51 19.83 4.31 5793 165284
12 22-05-2019 10000 108954 28.5312 0.9750 342 10.77 7.78 5.01 19.93 4.04 6087 191046
13 22-05-2020 10000 80674 31.3843 0.9750 311 10.08 6.12 4.55 20.30 3.83 6353 219326
14 22-05-2021 10000 49638 34.5227 0.9750 282 9.44 4.43 4.14 21.02 3.66 6593 250362
15 22-05-2022 10000 15565 37.9750 0.9750 257 8.84 2.68 3.76 21.67 3.47 6809 284435
20 22-05-2027 10000 -245629 61.1591 2.9750 486 6.36 0.00 2.34 22.33 3.05 8110 545629
21 22-05-2028 10000 -341424 67.2750 3.9750 591 5.96 0.00 2.12 22.55 3.05 8668 641424
25 22-05-2032 10000 -949477 98.4973 7.9750 810 4.58 0.00 1.45 23.55 3.09 11532 1249477
26 22-05-2033 10000 -1169266 108.3471 8.9750 828 4.29 0.00 1.32 23.87 3.11 12328 1469266
27 22-05-2034 10000 -1421719 119.1818 9.9750 837 4.02 0.00 1.20 23.73 3.08 13133 1721719
28 22-05-2035 10000 -1710072 131.0999 10.9750 837 3.76 0.00 1.09 23.60 3.05 13939 2010072
29 22-05-2036 10000 -2037807 144.2099 11.9750 830 3.52 0.00 0.99 23.91 3.08 14737 2337807
30 22-05-2037 10000 -2397886 158.6309 11.9750 755 3.30 0.00 0.90 23.85 3.06 15461 2697886
 What you earn after the end of the year vide various interest rates

Premium Paying term 20 AGE 5 YLY pre 10000 Acc. Ben 300000
Benefit of Risk TERM 30 SA 300000 CIR 300000
Then the Fund Value of Units Value at the end of term with Given Rate
  6% 10% 12% 15% 18% 20%
Term 1.06 1.1 1.12 1.15 1.18 1.2
3 25014 26974 27986 29550 31172 32286
4 35586 39117 40975 43893 46973 49120

5 46789 52469 55519 60386 65619 69324

6 58650 67146 71801 79348 87622 93571

7 71196 83269 90018 101140 113574 122661

8 84465 100991 110411 126197 144202 157579

9 98489 120455 133225 154996 180338 199483
10 113296 141822 158740 188089 222966 249769
11 128935 165284 187284 226130 273273 310134
12 145444 191046 219218 269865 332653 382593
13 162862 219326 254944 320151 402680 469446
14 181221 250362 294906 377923 485188 573544
15 200574 284435 339639 444229 582412 698325
 What you earn after the end of the year vide various interest rates

Premium Paying term 20 AGE 5 YLY pre 10000 Acc. Ben 300000
Benefit of Risk TERM 30 SA 300000 CIR 300000
Then the Fund Value of Units Value at the end of term with Given Rate
  6% 10% 12% 15% 18% 20%
Term 1.06 1.1 1.12 1.15 1.18 1.2
16 220970 321896 389593 520331 696986 847912
17 242502 362974 445412 607718 832051 1027282
18 265209 407983 507751 708032 991244 1242342
19 299817 468360 588637 834758 1190755 1512275
20 347089 545629 690281 991844 1437827 1848043
21 407601 641424 815120 1183788 1740965 2262756
22 482153 757605 965946 1415825 2110268 2772210
23 571589 896211 1145875 1693971 2557646 3395354
24 676675 1059357 1358272 2025011 3097020 4154791
25 798333 1249477 1607014 2416860 3744930 5077763
26 937553 1469266 1896459 2878636 4520909 6196972
27 1095416 1721719 2231519 3420856 5448039 7551694
28 1273013 2010072 2617639 4055558 6553496 9189002
29 1471420 2337807 3060835 4796501 7869266 11165298
30 1681308 2697886 3556782 5648146 9421431 13536406