29-11-2024
Quote No : qch9qx1psc784,Application No : 1100113557324
Benefit Illustration for HDFC Life Sanchay Par Advantage
This illustration has been produced by HDFC Life Insurance Company Limited to help you understand the benefits of your HDFC Life Sanchay Par
Advantage policy
Name of the Prospect /Policy holder: RAJENDAR MUNDRA Proposal No:
Age: 63 Name of the Product: HDFC Life Sanchay Par Advantage
Name of the Life Assured: RAJENDAR MUNDRA A Non-Linked, Participating,
Tag Line:
Life Insurance Plan
Age: 63
Unique Identification No: 101N136V04
Policy Term 37 year(s)
GST Rate: 4.5%* for first year
Premium Payment Term: 12 year(s)
2.25%* second year onwards
Amount of Installment Premium: 100000
Mode of Payment of Premium: Annual
Mode of Payment of Survival Benefit: Annual
Timing of Payment of Survival Benefit: Advance
How to read and understand this benefit illustration?
This benefit illustration is intended to show year wise premiums payable and benefits under the policy, at two assumed rates of interest i.e., 8% p.a. and 4% p.a.
"Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your insurer carrying on life insurance business. If your policy offers guaranteed benefits
then these will be clearly marked "guaranteed" in the illustration table on this page. If your policy offers variable benefits then the illustrations on this page will show two different rates of assumed future
investment returns, of 8% p.a. and 4% p.a. These assumed rates of return are not guaranteed and they are not the upper or lower limits of what you might get back, as the value of your policy is
dependent on a number of factors including future investment performance."
Policy Details
Policy Option Immediate Income Sum Assured on Maturity Rs. 12,00,000
Sum Assured on Death (at inception of the
Bonus Type Cash Bonus 12,00,000
policy) Rs.
Premium Summary
Total
Base CI IB
PP Rider (PAC) PP Rider (ADC) HPR Rider (CCI) HPR Rider (CC) WOP Rider Installment
Plan Rider Rider
Premium
Instalment
Premium without 100000 0 0 0 0 0 0 0 100000
GST
Instalment
Premium with 104500 0 0 0 0 0 0 0 104500
First Year GST
Instalment
Premium with
102250 0 0 0 0 0 0 0 102250
GST 2nd Year
Onwards
1/3
(Amounts in Rupees.)
Total Benefits
Guaranteed Benefits Non Guaranteed Benefits @ 4% p.a. Non-Guaranteed Benefits @ 8% p.a. including Guaranteed and Non-
Guaranteed Benefits
Guaranteed Guaranteed Total Total
Single / Total Total
Policy Surrender Surrender Death Death
Annualized Surrender Surrender Maturity Maturity
Year Value Value Benefit Benefit
Premium Special Value Special Value Benefit, Benefit,
Survival Surrender Death Maturity Cash (Net of Cash (Net of incl of incl of
GA RB Surrender Payable RB Surrender Payable incl TB, incl TB,
Benefit Benefit Benefit Benefit Bonus Cash Bonus Cash TB, if TB, if
Value# (Higher of Value# (Higher of if any, @ if any, @
Bonus Bonus any, @ any, @
10 & 11) 15 & 16) 4% 8%
already already 4% 8%
(7+TB) (7+TB)
paid) paid) (6+TB) (6+TB)
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21
1 1,00,000 0 0 0 12,00,000 0 0 10,465 0 24,295 24,295 0 21,840 0 24,295 24,295 0 0 12,00,000 12,00,000
2 1,00,000 0 0 60,000 12,00,000 0 0 10,465 39,070 51,033 51,033 0 21,840 16,320 51,033 51,033 0 0 12,00,000 12,00,000
3 1,00,000 0 0 1,05,000 12,00,000 0 0 10,465 73,605 80,383 80,383 0 21,840 39,480 80,383 80,383 0 0 12,00,000 12,00,000
4 1,00,000 0 0 2,00,000 12,00,000 0 0 10,465 1,58,140 1,12,516 1,58,140 0 21,840 1,12,640 1,12,516 1,12,640 0 0 12,00,000 12,00,000
5 1,00,000 0 0 2,50,000 12,00,000 0 0 10,465 1,97,675 1,65,605 1,97,675 0 21,840 1,40,800 1,47,605 1,47,605 0 0 12,00,000 12,00,000
6 1,00,000 0 0 3,00,000 12,00,000 0 0 10,465 2,37,210 2,29,824 2,37,210 0 21,840 1,68,960 2,08,824 2,08,824 0 0 12,00,000 12,00,000
7 1,00,000 0 0 3,50,000 12,00,000 0 0 10,465 2,76,745 3,05,346 3,05,346 0 21,840 1,97,120 2,83,346 2,83,346 0 0 12,00,000 12,00,000
8 1,00,000 0 0 4,64,000 12,00,000 0 0 10,465 3,80,280 3,91,343 3,91,343 0 21,840 2,89,280 3,71,343 3,71,343 0 0 12,00,000 12,00,000
9 1,00,000 0 0 5,85,000 12,00,000 0 0 10,465 4,90,815 4,89,989 4,90,815 0 21,840 3,88,440 4,75,989 4,75,989 0 0 12,00,000 12,00,000
10 1,00,000 0 0 7,30,000 12,00,000 0 0 10,465 6,25,350 6,01,457 6,25,350 0 21,840 5,11,600 5,98,457 5,98,457 0 0 12,00,000 12,00,000
11 1,00,000 0 0 8,80,000 12,00,000 0 0 10,465 7,64,885 7,27,919 7,64,885 0 21,840 6,39,760 7,40,919 7,40,919 0 0 12,00,000 12,00,000
12 1,00,000 0 0 10,80,000 12,60,000 0 0 10,465 9,54,420 8,69,277 9,54,420 0 21,840 8,17,920 9,05,277 9,05,277 0 0 12,60,000 12,60,000
13 0 0 0 10,80,000 12,60,000 0 0 10,465 9,43,955 9,38,997 9,43,955 0 21,840 7,96,080 10,04,997 10,04,997 0 0 12,60,000 12,60,000
14 0 0 0 10,80,000 12,60,000 0 0 10,465 9,33,490 9,61,127 9,61,127 0 21,840 7,74,240 10,58,127 10,58,127 0 0 12,60,000 12,60,000
15 0 0 0 10,80,000 12,60,000 0 0 10,465 9,23,025 9,84,632 9,84,632 0 21,840 7,52,400 11,16,632 11,16,632 0 0 12,60,000 12,60,000
16 0 0 0 10,80,000 12,60,000 0 0 10,465 9,12,560 10,08,474 10,08,474 0 21,840 7,30,560 11,79,474 11,79,474 0 0 12,60,000 12,60,000
17 0 0 0 10,80,000 12,60,000 0 0 10,465 9,02,095 10,34,614 10,34,614 0 21,840 7,08,720 12,47,614 12,47,614 0 0 12,60,000 12,60,000
18 0 0 0 10,80,000 12,60,000 0 0 10,465 8,91,630 10,62,012 10,62,012 0 21,840 6,86,880 13,21,012 13,21,012 0 0 12,60,000 13,21,012
19 0 0 0 10,80,000 12,60,000 0 0 10,465 8,81,165 10,91,629 10,91,629 0 21,840 6,65,040 13,99,629 13,99,629 0 0 12,60,000 13,99,629
20 0 0 0 10,80,000 12,60,000 0 0 10,465 8,70,700 11,21,430 11,21,430 0 21,840 6,43,200 14,83,430 14,83,430 0 0 12,60,000 14,83,430
21 0 0 0 10,80,000 12,60,000 0 0 10,465 8,60,235 11,53,378 11,53,378 0 21,840 6,21,360 15,74,378 15,74,378 0 0 12,60,000 15,74,378
22 0 0 0 10,80,000 12,60,000 0 0 10,465 8,49,770 11,86,447 11,86,447 0 21,840 5,99,520 16,72,447 16,72,447 0 0 12,60,000 16,72,447
23 0 0 0 10,80,000 12,60,000 0 0 10,465 8,39,305 12,20,614 12,20,614 0 21,840 5,77,680 17,77,614 17,77,614 0 0 12,60,000 17,77,614
24 0 0 0 10,80,000 12,60,000 0 0 10,465 8,28,840 12,54,875 12,54,875 0 21,840 5,55,840 18,90,875 18,90,875 0 0 12,60,000 18,90,875
25 0 0 0 10,80,000 12,60,000 0 0 10,465 8,18,375 12,91,237 12,91,237 0 21,840 5,34,000 20,12,237 20,12,237 0 0 12,91,237 20,12,237
26 0 0 0 10,80,000 12,60,000 0 0 10,465 8,07,910 13,28,738 13,28,738 0 21,840 5,12,160 21,43,738 21,43,738 0 0 13,28,738 21,43,738
27 0 0 0 10,80,000 12,60,000 0 0 10,465 7,97,445 13,67,451 13,67,451 0 21,840 4,90,320 22,84,451 22,84,451 0 0 13,67,451 22,84,451
28 0 0 0 10,80,000 12,60,000 0 0 10,465 7,86,980 14,07,503 14,07,503 0 21,840 4,68,480 24,36,503 24,36,503 0 0 14,07,503 24,36,503
29 0 0 0 10,80,000 12,60,000 0 0 10,465 7,76,515 14,49,097 14,49,097 0 21,840 4,46,640 26,00,097 26,00,097 0 0 14,49,097 26,00,097
30 0 0 0 10,80,000 12,60,000 0 0 10,465 7,66,050 14,92,543 14,92,543 0 21,840 4,24,800 27,76,543 27,76,543 0 0 14,92,543 27,76,543
31 0 0 0 10,80,000 12,60,000 0 0 10,465 7,55,585 15,36,322 15,36,322 0 21,840 4,02,960 29,67,322 29,67,322 0 0 15,36,322 29,67,322
32 0 0 0 10,80,000 12,60,000 0 0 10,465 7,45,120 15,83,142 15,83,142 0 21,840 3,81,120 31,72,142 31,72,142 0 0 15,83,142 31,72,142
33 0 0 0 10,80,000 12,60,000 0 0 10,465 7,34,655 16,31,115 16,31,115 0 21,840 3,59,280 33,93,115 33,93,115 0 0 16,31,115 33,93,115
34 0 0 0 10,80,000 12,60,000 0 0 10,465 7,24,190 16,80,909 16,80,909 0 21,840 3,37,440 36,30,909 36,30,909 0 0 16,80,909 36,30,909
35 0 0 0 10,80,000 12,60,000 0 0 10,465 7,13,725 17,34,132 17,34,132 0 21,840 3,15,600 38,88,132 38,88,132 0 0 17,34,132 38,88,132
36 0 0 0 10,80,000 12,60,000 0 0 10,465 7,03,260 17,88,938 17,88,938 0 21,840 2,93,760 41,66,938 41,66,938 0 0 17,88,938 41,66,938
37 0 0 0 0 12,60,000 12,00,000 0 10,465 0 0 0 0 21,840 0 0 0 20,39,000 49,49,000 20,39,000 49,49,000
Notes:
1. Annualized Premium excludes underwriting extra premium, frequency loadings on premiums, the premiums paid towards the riders, if any, and Goods & Service Tax. Refer Sales Literature for
explanation of terms used in this illustration.
2. When Timing of Payment of Survival Benefit is "Arrear", the survival benefits shown above are payable at the end of the Mode of Payment of Survival Benefit.
When Timing of Payment of Survival Benefit is chosen as "Advance", the survival benefit shown above are payable at the beginning of the Mode of Payment of Survival Benefit. First payout shall be
made within 7 working days from i) the realization of the first premium or ii) policy issuance, whichever is later. Subsequent payouts shall be made within 7 working days from i) realization of renewal
premium or ii) survival benefit payout date, whichever is later
3. The death benefits shown above are at the end of the year. Upon payment, of death benefit the policy terminates and no further benefit is payable.
4. The surrender benefits shown above are at the end of the year. Upon payment of surrender benefit, the policy terminates and no further benefit becomes payable.
5. The maturity benefit shown above is payable at the end of the Policy Term. Upon payment of maturity benefit, the policy terminates and no further benefits become payable.
6. The Premium and the Sum Assured on Maturity stated above is based on the information provided. They may vary as a result of underwriting.
7. Any statutory levy or charges (such as Goods and Service tax) including any indirect tax may be charged to the Policyholder either now or in future by the company and such amount so charged shall
become due and payable and shall be subject to the same terms and conditions as applicable to payment of premium.
8. RB - Reversionary Bonus, TB - Terminal Bonus, GA - Guaranteed Additions
# Special Surrender Value is subject to change incase of change in G-Sec yields
2/3
I VED PRAKASH PATERIYA, have explained the premiums and benefits under the product fully I RAJENDAR MUNDRA,having received the information with respect to the above, have
to the prospect / policy holder. understood the above statement before entering into the contract.
Place:
Date: Signature of Agent /Intermediary / Official Date: Signature of Prospect / Policyholder
3/3
