Sep 11 2008

Birla Sun Life Insurance Children’s Dream Plan

Posted by Sachin

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Birla Sun Life Insurance Children's Dream Plan in India

Highlights
Guaranteed maturity value
Enhanced Sum Assured
100% investment of premium in investment funds
3 Investment Fund Options
YOUR CHILD … YOUR DREAM
When a child is born, a dream is born. and you as parents want to shape that dream and bring it to reality in the best possible way. Be it by providing your child with the best toy, sending your child to the best school, giving him/her the best higher education that is available and giving a great start in life. To make this possible you need the financial freedom and confidence. That’s exactly where Birla Sun Life Insurance Children’s Dream Plan comes in. It is a thoughtfully designed child plan that enables you to help your child achieve the dreams you have.
It helps you to save today … to Secure Your Child’s Future and yes, it has … Our Commitment.
OUR SOLUTION
Our Birla Sun Life Children’s Dream Plan is a long-term Unit Linked insurance plan that is specifically designed to help you provide financial security to your child when s/he becomes an adult. With us, your child’s future is guaranteed.
Our plan combines a guaranteed return on your savings with upside potential based on the performance of the investment funds you decide to invest in. No matter what the future performance of the investment funds is, you are always guaranteed a minimum amount at maturity for your child.
Our plan also guarantees this minimum amount at maturity even in the unfortunate event that you die. Should you die before the plan matures, your child will immediately receive the sum assured and we will continue your savings on your behalf. Your child’s future is therefore always guaranteed.
ELIGIBILITY
We have some criteria you should consider.

You, the Life Insured, must be 18 to 60 of age at entry
Your child, the Nominee, must be 13 years or younger at entry
You must be of age 75 or younger when your plan matures

The Guaranteed Maturity Benefit you choose must be at least:

Rs. 75,000 for the 100% Guaranteed Maturity option
Rs. 37,500 for the 200% Guaranteed Maturity option
Rs. 25,000 for the 300% Guaranteed Maturity option

The Enhanced Sum Assured you choose, if any, must be at least Rs. 50,000.
YOUR OPTIONS

You are considering this plan to help you provide financial security to your child when s/he becomes an adult. With us, you are guaranteed to succeed, no matter what happens.

So start today!
Choose the Guaranteed Maturity Benefit
The first step is for you to decide on the amount you want your child to receive at maturity – guaranteed. This is the Guaranteed Maturity Benefit.
This plan combines a guaranteed return on your savings with upside potential based on the performance of the investment funds you decide to invest in. You are therefore assured that your child will receive no less than the Guaranteed Maturity Benefit when this plan matures.
Choose the Guaranteed Maturity Option
Our Birla Sun Life Insurance Children’s Dream Plan comes with three Guaranteed Maturity Options designed to allow you to secure more for your child with three separate maturity amount payout schedules:
Child’s Age 100% Option 200% Option 300% Option
18 100% 100% 100%
19 – 20% 25%
20 – 20% 25%
21 – 20% 25%
22 – 20% 25%
23 – 20% 100%
Total 100% 200% 300%

As a percentage of the Guaranteed Maturity Benefit.
Don’t forget, your plan has further upside potential. Your child will get this upside, if any, together with the last installment of the Guaranteed Maturity Benefit.
Choose the Investment Fund(s)
We offer three investment funds to suit your particular investment needs – Protector, Builder and Enhancer. Simply tell us in which investment fund(s) you want your premium to be invested in. You can decide to invest in only one investment fund or in a combination of all three – it’s your choice. Also, you can change your mind at any time for future premiums and can even switch existing investments in one investment fund to another.
Choose the Additional Protection
A Basic Sum Assured is associated with the Guaranteed Maturity Benefit you choose. This amount is paid in the unfortunate event that you die while your plan is in effect. We give you the option to increase this protection to suit your particular insurance needs. Simply specify the amount you want (the Enhanced Sum Assured) in addition to the Basic Sum Assured and your insurance protection will equal the sum of the Basic and Enhanced Sum Assured.
BEFORE YOU CONTINUE READING …
All Unit Linked life insurance plans are different from Traditional insurance plans and are subject to different risk factors. The name of the investment funds and that of this plan do not in any way indicate the quality of the plan or future returns.
In this plan, the investment risk in the investment funds chosen by you is borne by you. Investment funds are subject to investment risks associated with the capital markets and unit prices may go up or down reflecting the market value of the underlying assets. Past performance is no guarantee of future results.
We do however guarantee the payment of the Guaranteed Maturity Benefit as described in this document, provided all policy premiums are paid when due.
The policy term in complete years is 18 less the age of your child at entry. The plan will mature at the end of the policy term.

Premiums
This is a regular premium plan and policy premiums are due every year until the plan matures. Your financial advisor will provide you with the annual policy premium specific to the plan you are considering. The annual policy premium is based on:
the Guaranteed Maturity Benefit and Option you choose;
the Enhanced Sum Assured you desire;
the plan term and your gender and age at entry; and
the premium associated with any riders you add.
You can also increase your savings at any time by paying additional amounts over and above the policy premium – this is known as top-up premiums. Each top-up premium must be Rs. 500 or more provided your total top-up premiums to date does not exceed 25% of your total policy premiums to date. We do accept top-up premiums in excess of 25% of your total policy premiums to date, but in this case, the minimum top-up premium is Rs. 5,000 and your Enhanced Sum Assured will be increased by 125% of the excess of your top-up premiums over 25% of policy premiums to date, subject to evidence of insurability satisfactory to us.
HOW TO PAY YOUR PREMIUMS
You can pay the policy premium monthly (through ECS only), quarterly, half-yearly or annually. The modes of payment we currently offer are cash (up to Rs. 50,000), cheque, credit card, salary deduction, ECS and direct debit.
INVESTING YOUR PREMIUMS

You decide on the proportion of your policy premium and top-up premium to be invested in each of the three investment funds we offer –Protector, Builder and Enhancer.

PROTECTOR
Objective: To generate consistent returns through active management of a fixed income portfolio and focus on creating a long-term equity portfolio, which will enhance the yield of the composite portfolio with minimum risk appetite. To invest in fixed income securities with marginal exposure to equity up to 10% at low level of risk. This Investment Fund is suitable for those who want to preserve their capital and

Strategy: To invest in fixed income securities with marginal exposure to equity up to 10% at low level of risk. This Investment Fund is suitable for those who want to preserve their capital and earn a steady return on investment through higher exposure to debt securities.

BUILDER
Objective: To build capital and generate better returns at moderate level of risk, over a medium or long-term period through a balance of investment in equity and debt.

Strategy: To generate better returns with moderate level of risk through active management of a fixed income portfolio and focus on creating a long-term equity portfolio, which will enhance the yield of the composite portfolio with low level of risk appetite.

ENHANCER
Objective: To grow capital through enhanced returns over a medium to long-term period through investments in equity and debt instruments, thereby providing a good balance between risk and return. This Investment Fund is suitable for those who want to earn higher return on investment through balanced exposure to equity and debt securities.

Strategy: To earn capital appreciation by maintaining a diversified equity portfolio and seek to earn regular returns on the fixed income portfolio by active management resulting in wealth creation for policy owners.

See Schedule A below for specifics on each investment fund.

We record your allocation instructions through the Premium Allocation Percentage, and our only requirement is that the percentage allocated to each investment fund be in increments of 5%, ranging from 0% to 100%.

You will be allocated investment fund units based on the monetary amount you invest in an investment fund divided by its then prevailing unit price. Units will be allocated based on:

100% of your policy premiums when received; and
98% of your top-up premiums when received – we retain 2% of your top-up premium as a Premium Allocation Charge.

For added flexibility, you can at any time:

use our premium redirection facility and change your Premium Allocation Percentage applicable to future policy premiums and top-up premiums; and
switch part or all of your allocated units in one investment fund to another at the then prevailing unit prices.
KEEPING TRACK OF YOUR INVESTMENTS
Keeping track of your investment is easy with us:

we will send you an annual statement detailing the number of units you have in each investment fund and their respective unit price as of the last policy anniversary; and
we publish the unit prices of all investment funds on our website www.birlasunlife.com as well as in the newspapers.
ACCESSING YOUR INVESTMENTS

The total value of your investments in this plan is known as the Fund Value – the balance of all units allocated to your policy multiplied by their respective then prevailing unit price.

Our plan offers guaranteed maturity benefits and we track your guarantees via the Guaranteed Fund Value – the accumulation at 3% per annum of all your policy premiums and top-up premiums (net of the 2% Premium Allocation Charge) paid till date less policy charges deducted monthly.

Both the Fund Value and Guaranteed Fund Value will be reduced at the beginning of every policy month to cover your policy charges. We will redeem units equal to the monetary amount of the policy charge divided by the then prevailing unit price from each investment fund under your policy, in proportion to their value at that time.

Partial Withdrawals
After the completion of three policy years, you are free to make a partial withdrawal at any time. The partial withdrawal must be at least Rs. 5,000 and cannot exceed the excess, if any, of the Fund Value over the Guaranteed Fund Value at that time.

The units redeemed will equal the partial withdrawal divided by the then prevailing unit price of the investment fund from which the partial withdrawal is taken. Partial withdrawals will not reduce the Guaranteed Fund Value.

Policy Surrender
After the completion of three policy years, you can surrender your policy to us and receive the Fund Value at that time.

You can surrender your policy in the first three policy years but:

we will retain a Surrender Charge; and
we will defer the payment till the end of the third policy year.

The deferred payment will be for an amount equal to the Fund Value (net of the Surrender Charge) as of the date of your surrender and remain constant till paid to you.

If the life insured dies before the deferred payment is paid then the Fund Value (net of the Surrender Charge) as of the date of surrender  will be paid immediately

Policy Loans
We do not offer this facility on this plan.

Benefits

In the unfortunate event of your demise
In the unfortunate event of your demise, your child (the nominee) will receive the Basic Sum Assured plus any Enhanced Sum Assured you have selected.

The Basic Sum Assured is associated with the Guaranteed Maturity Benefit you choose. Your financial advisor will provide you with the Basic Sum Assured specific to the plan you are considering.

Based on your insurance needs, you can increase the amount of protection via the Enhanced Sum Assured. You can specify the Enhanced Sum Assured at entry and/or increase it at any time during your lifetime. The minimum Enhanced Sum Assured increment is Rs. 50,000 and is subject to evidence of insurability satisfactory to us. Your annual policy premium will be increased if and when the Enhanced Sum Assured is increased.

We will continue your savings on your behalf
Rest assured, your savings will continue for the benefit of your child even after your unfortunate death. Should you die while your policy is in effect, we will continue the policy and activate the Maturity Continuation Benefit to preserve your savings to date.

At that time, your child will become the life insured. The new policy owner will be the person appointed by you. At the beginning of the policy month coinciding with or immediately following your death, we will add the Maturity Continuation Benefit amount in monthly installments until the policy matures. This ensures your savings will continue until maturity and your child will be entitled to the guaranteed maturity benefits then payable.

All riders and risk charges cease on the date of your death. Policy premiums are no longer due and we will no longer accept any top-up premiums.

In the extremely unfortunate event the new life insured dies, we will pay the higher of the Guaranteed Fund Value or 105% of the Fund Value at that time and end the contract.

So your Guaranteed Maturity Benefit is always secured
The Guaranteed Maturity Benefit is payable on the maturity date of your policy – guaranteed by us whether you are alive or not.
This assumes however that you paid all policy premiums when due. Otherwise, the Guaranteed Maturity Benefit when due will be equal to the Guaranteed Fund Value at that time.

By choosing the 100% Guaranteed Maturity Option, we will pay the higher of the Fund Value or Guaranteed Fund Value on the maturity date of your policy and end the contract.

Double or Triple the Guaranteed Maturity Benefit
By choosing the 200% or 300% Guaranteed Maturity Option, your contract will continue under a settlement option for a period of 5 years starting on the maturity date of the policy.

SCHEDULE A

Investment Fund Option Risk Profile Asset Allocation *

Min.

Max.
Protector Low Debt Instruments, Money Market & Cash

90%

100%
Equities & Equity Related Securities

0%

10%
Builder Low Debt Instruments, Money Market & Cash

80%

90%
Equities & Equity Related Securities

10%

20%
Enhancer Medium Debt Instruments, Money Market & Cash

65%

80%
Equities & Equity Related Securities

20%

35%
* In each Investment Fund Option, the Money Market & Cash asset allocation will not exceed 40%.
During the settlement option period, we will not levy any policy charges except for the Fund Management Charge. Also, all riders will cease and no life insurance cover is provided.

At any time during the settlement option period, you can cancel the contract and we will pay the higher of the Fund Value or Guaranteed Fund Value at that time.

At the start of the settlement option period and at the end of each year thereafter, the Guaranteed Fund Value will be reduced by:
Date 200% Option 300% Option
at maturity 100% 100%
year-end 1 20% 25%
year-end 2 20% 25%
year-end 3 20% 25%
year-end 4 20% 25%
year-end 5 20% 100%
Total 200% 300%
As a percentage of the Guaranteed Maturity Benefit.
The Guaranteed Fund Value will never be reduced below nil.
Investment Fund Option
Minimum – Maximum Asset Allocation
Protector Builder Enhancer
0% – 20% 0% – 20% 0% – 20%
30% – 100% 25% – 90% 20% – 80%
0% – 30% 0% – 30% 0% – 30%
0% – 25% 0% – 25% 0% – 25%
0% – 10% 10% – 20% 20% – 35%
Partial withdrawals not exceeding the excess of the Fund Value over the Guaranteed Fund Value can be made at any time during the settlement option period.

You are therefore given the choice to encash the guaranteed maturity benefits when due or leave them invested in the investment funds until the end of the settlement option period. At the end of the 5-year settlement option period, we will terminate the contract and pay the higher of the Fund Value or Guaranteed Fund Value.

Policy Charges
Our Birla Sun Life Insurance Children’s Dream Plan offers discounts at higher Guaranteed Maturity Benefit amounts based on bands provided below:
Band Minimum Guaranteed Maturity Benefit
Band 100% Option 200% Option 300% Option
1 75,000 37,500 25,000
2 1,50,000 75,000 50,000
3 3,00,000 1,50,000 1,00,000
4 6,00,000 3,00,000 2,00,000
5 12,00,000 6,00,000 4,00,000
The charges under this plan are designed to optimize the long-term return on your investment while providing for the costs of insurance, distribution and administration of your policy.
Premium Allocation Charge
No premium allocation charge is deducted from your policy premium so all of your policy premium will be invested in the investment funds of your choice.
For top-up premiums, we will first deduct a 2% premium allocation charge and then invest the remaining 98% in the investment funds of your choice.
Fund Management Charge
The daily unit price of each investment fund is adjusted to reflect the fund management charge of 1.0% per annum of the fund’s value. This charge is currently the same for Protector, Builder and Enhancer, but we may increase this charge at any time in the future subject to a maximum of 1.5% per annum.
Policy Administration Charge
The policy administration charge will be deducted monthly by canceling units proportionately from each investment fund you have at that time. The annual rate per 1000 of Basic Sum Assured is shown in Schedule B. We may increase this charge at any time after the 4th policy year, subject to a maximum increase of 5% per annum since inception.
Surrender Charge
The surrender charge is applied if and when you surrender your policy in the first 3 policy years. The amount you will receive will be the Fund Value less this charge. The rate per 1000 of Basic Sum Assured is shown in Schedule B.
Revival Charge
The current charge for policy revival is Rs. 100. We may increase this charge at any time in the future subject to a maximum of Rs. 1,000.
Other Policy Charges
Your can make two fund switches, two partial withdrawals and two premium redirections free of charge per policy year. A charge of Rs. 100 will be levied per additional request, and we may increase this charge at any time in the future subject to a maximum of Rs. 500 per additional request.
Mortality Charge and Miscellaneous Charge
Every month we will deduct a Mortality Charge for providing you with the death cover. Similarly, the Miscellaneous Charge – Maturity Continuation Charge is deducted to provide the continuation of your policy benefits after your demise. We will take these charges by canceling units proportionately from each of the investment funds at that time.
The annual rate for each of these charges will depend on the plan term as well as the age and gender of the life insured. Sample rates are provided in Schedule C for your reference. Please visit our website or ask your financial advisor for the rates applicable to you.
Rider Premium Charge
A rider premium charge will be recovered monthly by canceling units proportionately from each of the investment funds you have at that time. The rider premium charge will be exactly equal to the rider premium payable on a monthly basis. Rider premiums paid less frequently than monthly will be subject to the market risks associated with the investment funds you have chosen.
IRDA Approval
Only when specified and within stated limits, we may increase a particular charge at any time in the future. We, however, need to get prior approval from the IRDA before such charge increase is effective. Otherwise, all other charges in this policy are guaranteed to never increase during the tenure of the policy.

More Information
Accidental Death & Dismemberment Benefit Rider
You have the option to add this rider to your plan. It provides 100% of cover in case of death due to accident; loss of more than one limb; loss of sight in both eyes; or loss of one limb and loss of sight in one eye. It provides 50% of cover in case of loss of one limb; or loss of sight in one eye.
Current Tax Benefits
You will be eligible for tax benefits under Section 80C and Section 10(10D) of the Income Tax Act, 1961.
Under Section 80C, premiums up to Rs. 100,000 are allowed as a deduction from your taxable income each year.
Under Section 10 (10D), the benefits you receive from this plan are exempt from tax, subject to mentioned exclusions.
Service Tax
Service Tax and other levies, as applicable, will be levied as per the extant tax laws.
30-Day Grace Period
Should you be unable to pay the policy premium by the due date, you will be given a grace period of 30 days during which time all insurance under your policy will continue.
During the first three policy years – Your policy will lapse if we do not receive the entire policy premium by the end of the grace period. The insurance under your policy will cease and your Fund Value will be held in suspense after deduction of Surrender Charges. This net Fund Value will be paid out to you only at the end of the third policy year or the end of the two-year revival period, whichever is later.

You can revive your policy within two-years from its lapse date (due date of unpaid policy premium) by paying all outstanding policy premiums and providing us with evidence of insurability satisfactory to us.

If the life insured dies while the policy is not yet revived, we will pay the Fund Value as of the lapse date immediately and terminate the contract.
After three completed policy years – If we do not receive the entire policy premium by the end of the grace period, then you will be given a period of two years (starting on the due date of the unpaid policy premium) to pay all outstanding premiums till date. Your policy will continue during these two years, as well as all insurance benefits and charges. At the end of this two-year period, we will give you the choice to either surrender your policy or continue it without the payment of any additional policy premium.
Your policy will, however, be deemed as surrendered should your Fund Value fall below one annual policy premiums.

Terms & Conditions
Unit Price
On each business day and for each investment fund, we determine the unit price by dividing the net asset value of the investment fund at the valuation time by the number of units in existence for the investment fund in question. The net asset value of an investment fund is the market value of the investments held by the fund plus current assets (including accrued income net of Fund Management Charges) less current liabilities (including accrued expenses) and provisions. We publish the unit prices of all investment funds on our website www.birlasunlife.com as well as in the newspapers.
Suicide
We will refund higher of the Fund Value or policy premiums paid to date in the event the life insured dies by suicide, whether medically sane or insane, within one year after the issue or revival date, whichever is later.
Free-Look Period
You will have the right to return your policy to us within 15 days from the date of receipt of the policy.  We will pay the Fund Value plus all charges levied till date (excluding the Fund Management Charge) once we receive your written notice of cancellation (along with reasons thereof) together with the original policy documents.
Prohibition of Rebates – Section 41 of the Insurance Act, 1938
No person shall allow or offer to allow, either directly or indirectly, as an inducement to any person to take or renew or continue an insurance in respect of any kind of risk relating to lives or property in India, any rebate of the whole or part of the commission payable or any rebate of the premium shown on the policy, nor shall any person taking out or renewing or continuing a policy accept any rebate, except such rebate as may be allowed in accordance with the published prospectuses or tables of the insurer.
Non-Disclosure – Section 45 of the Insurance Act, 1938
No policy of life insurance effected after the coming into force of this act shall, after the expiry of two years from the date on which it was effected be called in question by an insurer on the ground that statement made in the proposal or in any report of a medical officer, or referee, or friend of the life insured, or in any other document leading to the issue of the policy, was inaccurate or false, unless the insurer shows that such statement was on a material matter or suppressed facts which it was material to disclose and that it was fraudulently made by the policyholder and that the policyholder knew at the time of making it that the statement was false or that it suppressed facts which it was material to disclose.
Provided that nothing in this section shall prevent the insurer from calling for proof of age at any time if he is entitled to do so, and no policy shall be deemed to be called in question merely because the terms of the policy are adjusted on subsequent proof that the age of the life insured was incorrectly stated in the application.
Example
You can choose the Guaranteed Maturity Benefit and Option required to secure your child’s future based on your financial requirements. For example, you may require an amount of Rs. 6 lacs for your son/daughter’s admission/education in the desired medical college at the age of 18 years. Therefore, the guaranteed amount at maturity would be Rs. 6 lacs. The Birla Sun Life Insurance Children’s Dream Plan will make this possible for you by letting you know the premiums and the tenure for which you have to pay the premiums to achieve your dream amount.

The Plan
BIRLA SUN LIFE INSURANCE – A COMING TOGETHER OF VALUES

Birla Sun Life Insurance Company Limited is a joint venture between The Aditya Birla Group, one of the largest business houses in India and Sun Life Financial Inc., a leading international financial services organisation. The local knowledge of the Aditya Birla Group combined with the expertise of Sun Life Financial Inc., offers a formidable protection for your future.

The Aditya Birla Group has a turnover of close to Rs. 119000 crores, with a market capitalisation of Rs. 133875 crores (as on 31st March 2008). It has over 100,000 employees across all its units worldwide. It is led by its Chairman – Mr. Kumar Mangalam Birla. Some of its key companies are Hindalco, Grasim and Aditya Birla Nuvo.

Sun Life Financial Inc. and its partners, have operations in key markets worldwide. These include Canada, the United States, the United Kingdom, Hong Kong, the Philippines, Japan, Indonesia, India, China and Bermuda. Sun Life Financial Inc. has assets under management of over US$404.7 billion (as on 31st March, 2008). It is a leading performer in the life insurance market in Canada.

Birla Sun Life Insurance (BSLI) has been operating for 7 years. It has contributed significantly to the growth and development of the life insurance industry in India. It pioneered the launch of Unit Linked Life Insurance plans amongst the private players in India. It was the first player in the industry to sell its policies through the Bancassurance route and through the Internet. It was the first private sector player to introduce a Pure Term plan in the Indian market. BSLI has covered more than 2 million lives since it commenced operations. And its customer base is is spread across more than 1500 towns and cities in India. The company has a capital base of Rs. 1274.5 crores as on 31st March 2008.
Entry Ages Life Insured (parent): 18 years – 60 years
Nominee (child) : 30 days – 13 years
Term 18 years less the age of child at entry
Premium paying frequency Regular policy premiums can be paid yearly, half-yearly, quarterly or monthly (for ECS only)
Addition of riders Accidental Death & Dismemberment Benefit (ADD)
Death Benefit
The sum assured is paid to the nominee upon the death of the life insured (parent)
The new life insured is the child and new owner is appointed as per your wishes.
The policy is continued as usual except:
•All riders and risk charges will cease
•Only the policy administration charge and fund management charge continue, and
•BSLI will start paying the Maturity Continuation Benefit on a monthly basis until the policy matures.
In case of death of the new life insured (child) prior to the end of the Term, higher of 105% of the Fund Value or the Guaranteed Fund Value will be paid and the policy will be terminated.
Maturity Benefit & Settlement Option On maturity of the policy (i.e. your child attains the age of 18), the higher of following minimum guaranteed payments or the Guaranteed Fund Value will be paid:

Guaranteed Payments 100% option 200% option 300% option
at maturity 1000 1000 1000
+ 1 year — 200 250
+ 2 year — 200 250
+ 3 year — 200 250
+ 4 year — 200 250
+ 5 year — 200 1000
Total 1000 2000 3000

per 1000 of Guaranteed Maturity Benefit.
Guaranteed Fund Value
Equals all premiums paid, less charges and guaranteed maturity benefit(s), accumulated at 3% per annum
Partial Withdrawals Allowed after 3 complete policy years
Investment Funds Protector, Builder, Enhancer
Tax Benefit Under Section 80C and 10 (10D) of income tax act, 1961.
SCHEDULE B
Policy Terms Basic Sum Assured Policy Administration Charge
year 1-3 plus in all years
Band 1 Band 2 Band 3 Band 4 Band 5
100% Guaranteed Maturity Option
5 1,133 8.45 12.26 9.02 7.41 6.60 6.20
6 944 9.99 12.99 9.24 7.37 6.44 5.98
7 810 11.47 13.66 9.41 7.28 6.22 5.69
8 710 12.89 14.36 9.58 7.20 6.00 5.41
9 632 14.27 15.09 9.78 7.12 5.80 5.14
10 570 15.58 15.90 10.06 7.15 5.69 4.97
11 578 15.14 15.10 9.36 6.49 5.06 4.34
12 586 14.71 14.46 8.79 5.96 4.55 3.85
13 595 14.27 13.91 8.32 5.53 4.14 3.44
14 605 13.82 13.44 7.92 5.16 3.79 3.10
15 618 13.32 12.97 7.55 4.84 3.49 2.81
16 613 13.22 12.95 7.44 4.70 3.33 2.65
17 608 13.13 12.96 7.38 4.59 3.21 2.51
18 602 13.05 13.02 7.35 4.52 3.11 2.41
200% Guaranteed Maturity Option
5 2,185 8.39 13.45 8.88 6.66 5.59 5.06
6 1,821 9.92 14.09 9.05 6.65 5.47 4.88
7 1,561 11.40 14.70 9.22 6.62 5.31 4.66
8 1,367 12.83 15.33 9.47 6.61 5.19 4.47
9 1,217 14.19 16.02 9.75 6.65 5.09 4.31
10 1,099 15.48 16.82 10.06 6.70 5.01 4.17
11 1,111 15.09 15.95 9.39 6.12 4.48 3.67
12 1,127 14.65 15.20 8.82 5.64 4.05 3.25
13 1,145 14.20 14.58 8.35 5.24 3.69 2.92
14 1,165 13.75 14.04 7.95 4.92 3.40 2.64
15 1,191 13.24 13.51 7.58 4.62 3.15 2.41
16 1,181 13.15 13.47 7.49 4.51 3.03 2.28
17 1,171 13.06 13.46 7.44 4.43 2.93 2.19
18 1,159 12.99 13.52 7.43 4.39 2.87 2.11
300% Guaranteed Maturity Option
5 3,175 8.41 13.09 8.53 6.34 5.24 4.69
6 2,647 9.94 13.80 8.81 6.37 5.15 4.54
7 2,269 11.43 14.49 9.06 6.37 5.03 4.35
8 1,990 12.84 15.23 9.34 6.40 4.93 4.19
9 1,774 14.19 16.06 9.65 6.46 4.86 4.06
10 1,600 15.50 16.96 10.01 6.55 4.81 3.95
11 1,621 15.07 16.10 9.36 6.00 4.32 3.48
12 1,645 14.63 15.38 8.83 5.55 3.92 3.10
13 1,669 14.20 14.80 8.39 5.19 3.60 2.80
14 1,702 13.71 14.24 8.00 4.88 3.32 2.54
15 1,738 13.22 13.75 7.65 4.61 3.09 2.33
16 1,726 13.11 13.70 7.57 4.51 2.98 2.22
17 1,711 13.02 13.71 7.53 4.44 2.90 2.13
18 1,696 12.94 13.76 7.51 4.40 2.84 2.07
Surrender Charge years 1-3 only
Policy Terms Basic Sum Assured Band 1 Band 2 Band 3 Band 4 Band 5
100% Guaranteed Maturity Option
5 1,133 41.45 35.98 33.25 31.88 31.20
6 944 49.38 42.71 39.38 37.71 36.88
7 810 57.13 49.23 45.28 43.30 42.31
8 710 64.70 55.54 50.96 48.67 47.52
9 632 72.17 61.71 56.48 53.86 52.56
10 570 79.49 67.70 61.81 58.87 57.39
11 578 77.91 66.09 60.19 57.23 55.76
12 586 76.40 64.55 58.62 55.66 54.18
13 595 74.83 62.96 57.02 54.05 52.57
14 605 73.21 61.33 55.39 52.42 50.94
15 618 71.32 59.48 53.57 50.61 49.14
16 613 71.56 59.43 53.36 50.33 48.81
17 608 71.84 59.39 53.16 50.05 48.50
18 602 72.26 59.46 53.07 49.87 48.28
200% Guaranteed Maturity Option
5 2,185 41.83 35.95 33.02 31.56 30.83
6 1,821 49.81 42.65 39.10 37.33 36.44
7 1,561 57.66 49.21 45.01 42.91 41.86
8 1,367 65.36 55.59 50.73 48.30 47.08
9 1,217 72.89 61.79 56.25 53.47 52.09
10 1,099 80.20 67.72 61.49 58.38 56.82
11 1,111 78.85 66.32 60.07 56.94 55.37
12 1,127 77.28 64.74 58.48 55.35 53.78
13 1,145 75.65 63.12 56.85 53.72 52.16
14 1,165 73.97 61.46 55.20 52.08 50.51
15 1,191 72.01 59.57 53.36 50.25 48.70
16 1,181 72.29 59.54 53.17 49.99 48.40
17 1,171 72.60 59.53 53.01 49.74 48.11
18 1,159 73.07 59.65 52.94 49.59 47.92
300% Guaranteed Maturity Option
5 3,175 42.18 36.13 33.12 31.62 30.87
6 2,647 50.23 42.88 39.22 37.39 36.48
7 2,269 58.17 49.49 45.16 43.00 41.91
8 1,990 65.87 55.84 50.83 48.33 47.08
9 1,774 73.42 62.01 56.30 53.45 52.02
10 1,600 80.91 68.06 61.64 58.43 56.83
11 1,621 79.40 66.53 60.09 56.88 55.27
12 1,645 77.81 64.93 58.49 55.27 53.67
13 1,669 76.30 63.40 56.96 53.74 52.13
14 1,702 74.46 61.61 55.19 51.98 50.37
15 1,738 72.59 59.80 53.41 50.22 48.62
16 1,726 72.78 59.70 53.16 49.89 48.26
17 1,711 73.13 59.71 53.01 49.66 47.99
18 1,696 73.51 59.75 52.88 49.44 47.73
SCHEDULE C
Policy Term Male Female
age 30 age 40 age 50 age 60 age 30 age 40 age 50 age 60
Mortality Charge
5 1.59 2.57 5.84 13.58 1.54 2.14 4.46 10.37
10 1.69 2.94 6.95 16.76 1.59 2.39 5.32 12.67
15 1.82 3.36 7.83 20.28 1.67 2.69 6.02 14.70
Miscellaneous Charge – Maturity Continuation Charge
5 0.40 0.78 2.05 5.10 0.39 0.60 1.50 3.87
10 0.81 1.66 4.49 11.26 0.76 1.29 3.32 8.46
15 0.75 1.62 4.29 11.13 0.69 1.24 3.20 8.28
Mortality Charge – annual rate per 1000 of Basic and Enhanced Sum Assured
Miscellaneous Charge – Maturity Continuation Charge – annual rate per 1000 of Basic Sum Assured

RISK FACTORS & DISCLAIMERS
This policy is underwritten by Birla Sun Life Insurance Company Limited (BSLI). This is a nonparticipating unit linked plan. Birla Sun Life Insurance, Children’s Dream Plan, Protector, Builder and Enhancer are only the names of the Company, Policy and the Investment Funds respectively and do not in any way indicate the quality of the Policy, Investment Funds or their future prospects or returns. The charges mentioned above are applicable to the base policy only and do not include riders. The charges mentioned above are applicable to all the three Investment Funds offered at present. Only the Policy Administration Charge and Fund Management Charge can be modified by the company subject to specified limits and approval of the IRDA. The value of the Investment Fund reflects the value of the underlying investments. These investments are subject to market risks and change in fundamentals such as tax rates etc affecting the investment portfolio. The premium paid in Unit Linked Life Insurance policies are subject to investment risk associated with capital markets and the unit price of the units may go up or down based on the performance of Investment Fund and factors influencing the capital market and the policy owner is responsible for his/her decisions. There is no guarantee or assurance of returns above the guaranteed returns from the Investment Funds. BSLI reserves the right to recover levies such as the Service Tax levied by the authorities on insurance transactions. If there be any additional levies, they too will be recovered from you. This brochure contains the salient features of the plan. For further details please refer to the policy contract. Insurance is the subject matter of the solicitation. For more details and clarification call your BSLI Insurance Advisor or visit our website and see how we can help in making your dreams come true.
UIN No. – 109L026V01
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