EFU Life Assurance Ltd.

Illustration Of Benefits for 'Prosperity For Life'

Prepared for: Mr. ARSHAD ALI
Basic Details:

Date of Birth of: Mr. ARSHAD ALI

Coverage Details:
Currency: Rupees

05-Oct-1980

Mode: Annual

Age: 36 Years

Expected Commencement Date:

01/04/2016

Reference No:

1094 - ( 3.3.0.0 )

Type: Indexed Premium Compound

Death Benefit: Option 1

Sum Assured
Term
5,955,780

Prosperity for Life [Protection Multiple =5]

Premium

1,191,156

Whole of Life

Rs.1,191,156

Total Annual Premium

All benefits are at the end of policy year

Table 1:Illustrative Values

6% p.a Rate of Return

10% p.a Rate of Return

8% p.a Rate of Return

Cumulative Main
Plan Premium
Paid
1,191,156

2,441,870

5,955,780

1,334,214

5,955,780

1,366,686

5,955,780

1,399,419

3,755,119

5,955,780

2,556,326

5,955,780

2,639,932

5,955,780

2,725,125

5,134,031

5,955,780

4,032,689

5,955,780

4,199,183

5,955,780

4,370,759

6,581,889

5,955,780

5,648,730

5,955,780

5,934,735

6,232,951

6,232,951

8,102,139

7,456,736

7,456,736

7,904,044

7,904,044

8,376,041

8,376,041

9,698,402

9,423,814

9,423,814

10,080,557

10,080,557

10,781,980

10,781,980

11,374,478

11,561,008

11,561,008

12,481,702

12,481,702

13,477,145

13,477,145

13,134,358

13,880,053

13,880,053

15,126,239

15,126,239

16,490,355

16,490,355

10

14,982,232

16,393,417

16,393,417

18,034,355

18,034,355

19,853,094

19,853,094

15

25,703,435

32,600,199

32,600,199

37,594,215

37,594,215

43,489,396

43,489,396

20

39,386,710

56,160,173

56,160,173

67,953,762

67,953,762

82,798,814

82,798,814

25

56,850,420

89,812,881

89,812,881

114,093,693

114,093,693

146,716,482

146,716,482

30

79,139,032

137,229,047

137,229,047

183,109,830

183,109,830

248,965,467

248,965,467

34

101,328,019

188,315,021

188,315,021

261,431,571

261,431,571

372,144,263

372,144,263

Policy
Year

Main Plan Death

Benefit

5,955,780

Cash Value

Main Plan Death

Benefit

339,419 *

Cash Value

5,955,780

345,915 *

Main Plan Death

Benefit

5,955,780

Cash Value

352,411 *

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 policy cannot be surrendered until two full year's premiums have been paid.
> 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%
> Following expenses would be charged every year for Prosperity for Life:
Fund Management Charge
= 0.125% of the Regular Premium Cash value and FAP cash value per month.
Bid-Offer Spread
= 5% of the net Regular Basic Premium and Fund Acceleration Premium.
Administration Charge
= Rs. 600 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.
> All charges mentioned in the above notes are reviewable at the discretion of the Company.
> An age based mortality charge applies for the life insurance risk each year and is dependent on the sum at risk. No mortality charge applies
in years where the cash value exceeds the sum assured.
> Under the Inflation Protection Benefit,the Basic Regular Premium will increase every year by 5% of the prior year's premium.

Sales Representative:

Client:

Name: Mr. ARSHAD ALI

Signature:

Name:
Date:

Signature:

Date:

EFU Life Assurance Ltd. is registered and supervised by the Securities and Exchange Commission of Pakistan.
31/03/2016
Page 1 of 3

8:05:41PM

ISO 9001:2008 Certified Company

Rated AA by JCR-VIS Credit Rating

Reference No: 1094 - ( 3.3.0.0 )

EFU Life Assurance Ltd.

Illustration Of Benefits for 'Prosperity For Life'
Prepared for: Mr. ARSHAD ALI

Notes:
> Death Benefit is greater of Sum Assured or Cash Value.
> 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.
> 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.
> The 'Rate of Return' assumptions of 6%, 8% and 10% 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.
> The Illustrative Values do not take into account any partial surrenders.
> 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.
> 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.

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:

Date:

Name & CNIC : Mr. ARSHAD ALI & 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.

Signature:

Date:

Sales Consultant Code:

Name & Designation :

&

EFU Life Assurance Ltd. is registered and supervised by the Securities and Exchange Commission of Pakistan.
31/03/2016
Page 2 of 3

8:05:42PM

ISO 9001:2008 Certified Company

Rated AA by JCR-VIS Credit Rating

Reference No:

EFU Life Assurance Ltd.

Application for Fund Selection
(For New Business Only)

1094 - ( 3.3.0.0 )

Full Name of Proposed Life Assured :

Mr. ARSHAD ALI

CNIC No.:

00000-0000000-0

Name of Plan:

Prosperity for Life

(Option 1 )

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.
31/03/2016
Page 3 of 3

8:05:42PM

ISO 9001:2008 Certified Company

Rated AA by JCR-VIS Credit Rating