Child Plan |BSLI Saral Childrens Plan | Birla Sun Life | Overview | Features | Investment Options | Guaranteed Additions

| Tax Benefits | Plan Summary including Eligibility and Maturity Benefits

Child Insurance, we all know the importance of children in our lives. We try to do anything and everything for them. But there is a chance that we might not be able to provide for all that we have dreamed of until we plan for them from the very start. Even if we know we are capable of providing for our children there could be an unfortunate event or occurrence that might prove to be roadblocks in our childs future (education, extra curricular activities, specialization for their career etc.) but not if we have a backup plan like a Child Insurance which will support and foresee your dreams in your absence. BSLI Saral Childrens Plan is one such Children Plan to make your dream for your child a reality. Overview BSLI Saral Childrens Plan, is a solution that combines the best benefits into a single plan. A plan that gives a guaranteed amount on maturity and keeps the policy alive in the unfortunate event of the parents death, ensuring that your childs future is secure. FEATURES Simple buying process You do not have to go through the hassle of medical tests for buying this plan. All you have to do is fill up an application form, choose your savings premium, premium paying term and policy term and a suitable investment option. Continuation of policy even after your death This plan completely secures your childs future. In the unfortunate event of the parents death, Your child will receive an amount equal to the Sum assured All future premiums continue to be paid by BSLI and your child receives the Fund Value at the end of the policy term Investment options BSLI Saral Childrens plan gives you an opportunity to invest depending on your risk appetite. You have two investment options to choose from LifeCycle Option and Guaranteed Option. In the LifeCycle option, we manage your investments over the term of the policy to suit your age and risk profile. This frees you from having to manage your investment.

If you choose the Guaranteed Option, you stand to receive a guaranteed amount on maturity based on the number of premiums you pay, pay term and policy term of your choice. You only require to pay a nominal additional premium to provide this extra protection to your savings. Please refer to the brochure for details. Guaranteed Additions Your fund value is increased at the end of the policy term by means of Guaranteed Additions. Thus you will receive an amount in addition to your fund value at maturity. Your Guaranteed Addition amount depends on your policy premium and the combination of premium paying term and policy term you choose. The Guaranteed Additions are applicable only if you have paid all your premiums. Tax Benefit You enjoy tax benefits under Section 80C and 10(10D) of the Income Tax Act, 1961 under this plan. Plan Summary including Eligibility and Maturity Benefits Your Age at Entry Premium paying term and Policy term combinations ( referred as pay/term) Your Childs age at entry 18 to 50 years Your three options are : 10 pay/ 10 term, 10 pay/20 term and 20 pay/20 term Children upto the age of 21 years . The 10 pay/10 term option is not applicable where the child is below 8 years Rs. 10,000 or more annually 6 times of annual savings premium LifeCycle Option: Your premiums will be invested between Maximiser (100% equity) and Income Advantage (100% debt) in a predetermined proportion based your risk profile and age at the time of investment Guaranteed Option: Your money will be solely invested in the investment fund Enhancer Please refer to brochure for details on funds You will receive the Fund Value plus Guaranteed Addition. In case of Guaranteed Option, you receive higher of Guaranteed Maturity Benefit and Fund Value ,plus Guaranteed Addition

Savings Premium Sum Assured Investment Options

Maturity Benefit

CHILD PLAN | CHILD ADVANTAGE PLAN | KOTAK LIFE INSURANCE | ADVANTAGES | OVERVIEW | FEATURES & BENEFITS | ELIGIBILITY | GENERAL EXCLUSIONS
Each parent tries to fulfill every possible wish and need of their child. They want the future of their children safe, secured and bright. They try their level best to remove all the roadblocks that may be present in the path of their childs life. Today the expenses are increasing so it becomes imperative to be prepared beforehand for any unforeseen circumstances. There are certain ages in the childs life when extra capital is needed. Today children have to be good in all the fields, be it studies or extra curricular activities and even games. This planning can be achieved with the help of Child Advantage Plan by Kotak Life Insurance Company. They are one of the fastest growing insurance companies in India and have shown remarkable growth since its inception in 2001. Kotak Life Insurance employs around 5,565 people in its various businesses and has 197 branches across 141 cities. Kotak Child Advantage Plan is a unique Child plan which will help you financially secure the future of your children by providing good returns as well as protecting him/her against any unforeseen circumstances. This plan is ideal for you if

If you have child below 17 years and are looking forward to planning his/her future. If you want to ensure that your child is secure even if you are no longer able to support him/her.

ADVANTAGES

On maturity you would receive the higher of the basic sum assured or the Accumulation Account*. The amount available in the Accumulation Account is invested in various financial instruments (as per IRDA regulations) so your money works hard to earn more for your child. The Automatic Cover Maintenance facility ensures the policy remains in force even if you miss premium payments. This facility is available after full premiums for the first three years are paid. You can take a loan against this plan, after the policy has been in force for at least three years. You have the option of paying premiums quarterly, half yearly or yearly.

You have the benefit of a 15 day free look period.

*Accumulation Account is your personal account in which the premiums that you pay are deposited, The return declared every year is added and risk and expense charges are deducted. OVERVIEW The Kotak Child Advantage Plan is an investment plan designed to meet your childs future financial needs. Its a plan that gives your child the azaadi to realize his dreams. This is a participating plan. FEATURES Bonus The premiums paid by you net of charges are credited in the Accumulation Account and invested as per IRDA norms. Being a participating plan, the returns as per declared (bonus) are credited to this account. Our team of prudent investment managers will ensure that your money continues to work hard and get you compounding bonuses, year after year. Waiver of Premium To ensure that the policy remains in force in case of any unforeseen event, two optional riders: Life Guardian Benefit (LGB UIN No: 107C012V01) and Accidental Disability Guardian Benefit (ADGB UIN No: 107C011V01) may be attached. The premiums for the policy will be waived in case of death of the proposer (premium payer) orin case of his permanent disability. Thus, attaching the riders gives you the added comfort that even if something were to happen to you, your childs future is secured. Term / Preferred Term Benefit In the event of unfortunate death of the premium payer, the sum assured under this benefit would be paid out immediately to tide over the financial emergency. Maturity Benefit The higher of the basic sum assured or the Accumulation Account will be paid on Maturity. Death of Parent (Premium Payer) In case the parent has opted for the Life Guardian Benefit (LGB), all future premiums on the policy would be waived and the policy will continue till maturity. On maturity, the beneficiary would be entitled the higher of the basic sum assured or the Accumulation Account.

Death of Life Insured

If the policy has been in force for five years or if the life insured was at least 18 years old, the beneficiary will receive either the sum assured or Accumulation Account whichever is higher, as on the date of death. If the death occurs within five years from commencement of policy and if the insured was less than 18 years old, the death benefit would be either the total of all premiums paid (excluding rider premiums) so far or the surrender value at that time, whichever is higher.

Tax Benefits Section 80C, 10(10D) of Income Tax Act, 1961 would apply. Tax benefits are subject to change in tax laws. You are advised to consult your tax advisor for details. ELIGIBILITY How old does the child have to be to avail of this plan? Minimum age 0 years Maximum age -17 years For what term can I avail of this plan? 10 30 years What is the maximum sum assured allowed under this plan? Rs.25, 00,000

RELIANCE LIFE INSURANCE | CHILD PLAN | KEY FEATURES

As a parent, it is only natural to dream of a smooth and wonderful life for your child. This is faithfully why you need to secure your childs tomorrow, today. Reliance Child Plan helps you save analytically so that you can give your child the much-needed financial safety in the future. Simply put, Reliance Children Plan gives you the freedom to enjoy every moment with your child today, without disturbing about his/her tomorrow. Key Features -Risk protection for you during the term of the Policy -Accumulated bonus at the end of the Policy Term -25% of Sum Assured payable every year as lump sum Benefit during the last four Policy Anniversaries. -All future premiums are waived in the event of unlucky loss of life. -Guaranteed Fixed Benefits go on with even after loss of life of the Policy holder. -More value for your money by way of High Sum Assured return. -Select to add the Benefit of two Riders Critical Illness and Accidental Death Benefit and Total and Permanent Disablement Rider. -Policy participates in profit even after the loss of Life Insurance of the life assured.