EFU Life Assurance Ltd.

Illustration Of Benefits for 'Prosperity For Life'

Prepared for: Mr. MUHAMMAD FAISAL
Basic Details:

01/05/1981

Date of Birth of: Mr. MUHAMMAD FAISAL

Age: 34

Expected Commencement Date: 01/03/2015

Reference No:

1095 - ( 2.0.0.0 )

Coverage Details:

Currency: Rupees

Mode: Annual

Type: Indexed Premium Compound

Death Benefit: Option 2

Sum Assured

Premium

Term

900,000

Whole of Life

45,000

Accidental Death and Disability Benefit Plus

900,000

20

1,575

Life Care Plus

500,000

20

3,580

Prosperity for Life [Protection Multiple =20]

Waiver of Premium

1,003

20

Rs.51,158

Total Annual Premium

Table 1:Illustrative Values

All benefits are at the end of policy year

7% p.a Rate of Return

Policy
Year

Cumulative Main
Plan Premium Paid

Main Plan Death

Benefit

11% p.a Rate of Return

9% p.a Rate of Return

Cash Value

Main Plan Death

Benefit

Cash Value

Main Plan Death

Benefit

Cash Value

45,000

910,922

10,922 *

911,129

11,129 *

911,336

11,336 *

92,250

946,664

46,664

947,771

47,771

948,886

48,886

141,863

991,083

91,083

993,999

93,999

996,970

96,970

193,956

1,045,230

145,230

1,051,119

151,119

1,057,183

157,183

248,653

1,104,776

204,776

1,114,988

214,988

1,125,628

225,628

306,086

1,171,854

271,854

1,187,986

287,986

1,204,995

304,995

366,390

1,245,395

345,395

1,269,285

369,285

1,294,780

394,780

429,710

1,325,857

425,857

1,359,611

459,611

1,396,079

496,079

496,195

1,413,748

513,748

1,459,773

559,773

1,510,120

610,120

10

566,005

1,509,613

609,613

1,570,647

670,647

1,638,253

738,253

15

971,035

2,138,082

1,238,082

2,330,024

1,430,024

2,556,630

1,656,630

20

1,487,968

3,069,446

2,169,446

3,536,692

2,636,692

4,125,698

3,225,698

25

2,147,719

3,570,606

3,570,606

4,562,636

4,562,636

5,899,564

5,899,564

30

2,989,748

5,645,774

5,645,774

7,586,682

7,586,682

10,383,997

10,383,997

35

4,064,414

8,629,283

8,629,283

12,215,316

12,215,316

17,747,488

17,747,488

36

4,312,635

9,364,099

9,364,099

13,396,603

13,396,603

19,703,570

19,703,570

Notes:
> This is a Whole of Life contract hence a fixed maturity age is not applicable. However, an age of 70 years is used above for illustration purposes.
> The following year-wise percentages of the basic premium would be allocated for purchasing the units:
Year 1:30% - Year 2:80% - Year 3:90%- Year 4 to 5:100% -Year 6 to 10:103%- Year 11 onwards:105%
> The Illustrative Values do not take into account any partial surrenders.
> Following expenses would be charged every year for Prosperity for Life:
Fund Management Charge
Bid-Offer Spread
Administration Charge

= 0.125% of the Regular Premium Cash value and FAP cash value per month.
= 5% of the net Regular Basic Premium and Fund Acceleration Premium.
= Rs. 480 per annum (this charge only applies to the basic regular premium)

> For determining the illustrative values mentioned above, the Administration Charge is increased every year by 2% which is the average rate at which
the Company has increased its Administrative Charge in the last five years.
> Death Benefit is the sum of the Cash Value and Sum Assured, till 55 years age next birthday. From age 56 onwards the Death Benefit is greater of
Sum Assured or Cash Value.
> *The policy cannot be surrendered until two full year's premiums have been paid.
> There is an option of applying the cash value to provide an annuity. The amount of expected annual pension will depend on the investment climate
prevailing at the time when the pension is purchased.

Client:
Name:

Sales Representative:
Name:

Signature:

Date:

Signature:

Date:

EFU Life Assurance Ltd. is registered and supervised by the Securities and Exchange Commission of Pakistan.
11/03/2015
Page 1 of 3

7:24:46AM

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Rated AA by JCR-VIS Credit Rating

Reference No:

1095 - ( 2.0.0.0 )

EFU Life Assurance Ltd.

Illustration Of Benefits for 'Prosperity For Life'
Prepared for: Mr. MUHAMMAD FAISAL

Notes:
> Under the Inflation Protection Benefit,the Basic Regular Premium will increase every year by 5% of the prior year's premium.
> The policyholder has the option to pay Fund Acceleration Premiums from first year onwards. 100% of the Fund Acceleration Premiums are allocated to
purchase units.
> An age based mortality charge applies for the life insurance risk each year and is dependent on the sum at risk. From age 56 onwards, no mortality
charge applies in years where the cash value exceeds the sum assured.
> The 'Rate of Return' assumptions of 7%, 9% and 11% mentioned in the table(s) above are before deduction of 'Fund Management Charge'. This
charge has been deducted from the 'Rate of Return' assumption prior to determining the illustrative values in the table(s).
> The Fund Values are based on assumptions; the actual values can be higher or lower than the ones illustrated above depending upon the performance
of the underlying investments in the EFU Managed Growth Fund. The values illustrated are net of all charges.
> Under Accidental Death and Disability Benefit Plus, an additional amount of Rs .900,000 is payable, if the Life Assured becomes permanently disabled
or dies by means of accident.
> Lifecare Benefit Plus covers Heart Attack, Coronary, Artery surgery, Cancer, Paralysis, Kidney Failure, Stroke, Blindness, Major Organ Transplant,
Multiple Sclerosis, Deafness, Benign Brain Tumour, Coma, Major Head Trauma, Loss of Limbs and Loss of Speech.
> Under Waiver of Premium(WOP), if the life assured becomes permanently disabled thus incapable of performing any occupation, the premium is
waived off and the policy continues in the same way as prior to disablement.
> All charges mentioned in the above notes are reviewable at the discretion of the Company.
> A description of how the contract works is given in the Policy Provisions and Conditions.
> This is the approved illustration format of the Company. Any other illustration, verbal, written or electronic, which contradicts with this illustration should
not be given any consideration and should be reported to the Company.
> The selected fund is EFU Managed Growth Fund and the investable part of basic premium will be invested in this fund. This is a balanced asset
allocation fund. Please note that Unit Linked life insurance plans are subject to investment risk factors, Investment risk in the investment fund selected by
policyholder is borne by himself, and unit prices may go up or down reflecting the market value of the underlying assets.

Declaration by Client:
I have studied the above illustration and the notes carefully and understood them fully. I also confirm that no other illustration, verbal written or electronic,
in contradiction to this illustration has been given to me.

Signature:
Name & CNIC :

Date:
Mr. MUHAMMAD FAISAL & 00000-0000000-0

Address: Not Available

Declaration by Sales Representative:
I confirm that I have not made any verbal, written or electronic presentation which is in contradiction to this illustration. I also confirm that I have not
misled or deceived the prospective client in any way.
In case of any misconduct on my part, the Company and I shall be responsible for any loss to the prospective client. In such circumstances, SECP shall
have the authority to take any action in light of the Insurance Ordinance 2000.

Date:

Signature:
Sales Consultant Code:
Name & Designation :

&

EFU Life Assurance Ltd. is registered and supervised by the Securities and Exchange Commission of Pakistan.
11/03/2015
Page 2 of 3

7:24:46AM

ISO 9001:2008 Certified Company

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Reference No:

EFU Life Assurance Ltd.

Application for Fund Selection
(For New Business Only)

1095 - ( 2.0.0.0 )

Full Name of Proposed Life Assured :

CNIC No.:

00000-0000000-0

Name of Plan:

Prosperity for Life

Mr. MUHAMMAD FAISAL

(Option 2 )

1. I hereby agree to select the following Fund in connection with my Proposal & Declaration for Life Assurance:

(Please tick one)

Fund

EFU Managed Growth Fund

EFU Guaranteed Growth Fund
EFU Aitemad Growth Fund
2. I understand, agree acknowledge that 'Unit Allocation' of current and future 'Regular Premium' and any 'Fund Acceleration Premium' will be done in
accordance with all relevant Clauses of the Standard Policy Provisions & Conditions governing the Plan I have selected . I further understand and
agree that 'Unit Allocation' would be made in the Fund selected in para 1 above.
3. I understand, agree and acknowledge that the criteria set out by the company shall determine the acceptability of my request and that the Company
shall have the right at its discretion to disallow my request if this application fails to meet the criteria prescribed by the Company from time to time.

4. I understand, agree and acknowledge that this Application would take effect only after my Proposal & Declaration for Life Assurance has been
accepted by the Company and communicated to me in writing; first premium has been received and realized at the Company's Main Office; and the
Policy Document has been issued.
5. I understand, agree and acknowledge that this Application can not be back -dated and will only take effect after issuance of the Policy by the
Company as detailed in Para 4 above.
6. I understand, agree and acknowledge that Investment Funds are subject to investment risks and the unit prices may go up or down reflecting the
market value of the underlying assets.
7. I fully agree to pay any Fees and Charges applicable to Fund Selection as determined by the Company from time to time.
8. I hereby declare that I have fully understood the above and have selected the fund mentioned in Para 1 of this Application on my own free will.
9. I understand, agree and acknowledge that this Application, once approved, shall from part of the Standard Policy Provisions and Conditions
governing the Policy with which it is attached.

Signed at

on the

day of

in the year

Signature of Proposed Life Assured

Important Notice: This Application, together with 'Proposal & Declaration for Life Assurance', shall form part of the Contract between the Proposed
Life Assured and EFU Life Assurance Ltd and will be the basis on which the policy will be issued.

EFU Life Assurance Ltd. is registered and supervised by the Securities and Exchange Commission of Pakistan.
11/03/2015
Page 3 of 3

7:24:46AM

ISO 9001:2008 Certified Company

Rated AA by JCR-VIS Credit Rating