Presenting

UIN: 165N011V03

The Most Flexible Plan in the Market

To take care of ever evolving needs

1
This deck is strictly for internal training purposes & not to be used for solicitation
 1. Why DIGIT ICON? – It Empowers You to Design the Financial Solution for your Customers as per their Needs
Income amount, Income period
For how long to invest How to receive the Benefit Timing of Benefit payout
and manner of receiving payouts

• Single Pay • Choose the Income period

for up to 50 years
(one-time only)
• Lumpsum Benefit as One- • Timing of Lumpsum
Benefit payout
• Limited Pay
time Benefit • Choose between higher
(choose the policy term
(pay for limited number of Income or higher lumpsum
• Income + Lumpsum Benefit you want)
years during policy term) amount under Income Plus
as Regular Income + Lumpsum Benefit Option
Lumpsum at the end • Timing of Guaranteed
• Regular Pay Income payout
(pay regularly throughout • Choose to receive income
the policy term) monthly or annually
Income starting as early as
first month/first year

Income starting after

policy term

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 Timing of Benefit Payout – How Does it work?
Lumpsum Benefit

Chosen Policy Term

Lumpsum Maturity Benefit

• On Survival of insured person till Pay Premium During the
(On Survival of Insured Person)
Chosen Premium Payment Term
Policy Maturity
Get a Lumpsum Maturity Benefit at
the end of Policy Term chosen

0 1 2 3 4 5 6 7 8 9 10

• In case of Death of insured

person during Policy Term
A lumpsum Death Benefit will be
paid to nominee and policy will Life Insurance Cover throughout the Policy Term
terminate.

This deck is strictly for internal training purposes & not to be used for solicitation |3
 Timing of Benefit Payout – How Does it work?
Income Plus Lumpsum
(Income starting after Policy Term)

Policy Term: 30 years

• On Survival of insured person till Policy

Maturity

- Receive regular Guaranteed Income for chosen

Income period PLUS
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
- Receive A Lumpsum Benefit along with last
Income (choose from 25% / 50% / 75% / 100% /125%/150%
of total premiums paid by policyholder)
Premiums paid during
Income Period
Chosen Premium Payment Term
• In case of Death of Insured Person
Life Insurance Cover throughout
the Policy Term
- Death During Policy term, a lumpsum death
benefit will be paid and policy will terminate

- Death During Income Period – Remaining

payouts will continue as and when due to the
nominee

This deck is strictly for internal training purposes & not to be used for solicitation |4
 Timing of Benefit Payout – How Does it work?
Income Plus Lumpsum
(Income starting during Premium Payment Term)

Policy Term: 30 years

• On Survival of insured person during Policy Lumpsum

Maturity
Term Benefit

- Option to choose the Income amount and Guaranteed Income commencing in 1st policy year and payable every year throughout the policy term
Income Start Year from following:
20% / 25% / 30% of Annualized Premium basis PPT chosen
Income starting in 1st / 2nd /5th policy year 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30

- Receive this regular Guaranteed Income every

month or every year till maturity PLUS Premiums paid during
Chosen Premium Payment Term
- Receive A Lumpsum Benefit along with last Life Insurance Cover throughout the Policy Term
Income

• In case of Death of Insured Person during

Policy Term

A lumpsum death benefit will be paid and

policy will terminate
This deck is strictly for internal training purposes & not to be used for solicitation |5
2. Why DIGIT ICON l Provides Unmatched Flexibilities to Customize the Benefits Basis Life Stage Needs

What I Purchased at Inception? Can I change it to receive as…. Digit Icon says

Lumpsum Maturity Benefit Guaranteed Income after Maturity? Yes

Lumpsum Maturity Benefit Guaranteed Income before Maturity? Yes

Income Plus Lumpsum A Lumpsum Benefit at Maturity? Yes

(where Income starts after Maturity)
Income Plus Lumpsum A lumpsum Benefit instead of receiving Yes
(where few Income Payouts are already received) remaining payouts?
Income Plus Lumpsum A Lumpsum Benefit at Maturity Yes
(where Income starts in any year
during Policy Term)
Income or Income Plus Lumpsum Accumulate the Income and withdraw Yes
(where Income starts in any year during Policy Term) partially/fully anytime later during policy term
for any unforeseen need?
I chose certain amount of Premium to Pay every year Can I Reduce my Premium later during Yes (upto 50%)
during Premium Payment Term Premium Payment Term? (After 5 Years)

This deck is strictly for internal training purposes & not to be used for solicitation 6
 3.a Why DIGIT ICON? – Provides Comprehensive Financial Protection to Your Customers
Decide Life Cover Amount

For Single Life

Limited and Regular Pay 10 times of Annualized Premium

Single Pay

10 times of Single Premium (up to entry age of 50 years)

• 10 times of Single Premium (upto entry age of 50 years)

• 1.25 – 1.50 times of Single

This deck is strictly for internal training purposes & not to be used for solicitation |7
 3.b Why DIGIT ICON? – Get Double Sum Assured on Death In case of Accidental Death

• Inbuilt Additional Death Benefit equal to base Sum Assured on Death

• No additional Premium needs to be paid by Customer

• Applicable between age 18 – 85 years (within policy term)

This deck is strictly for internal training purposes & not to be used for solicitation |8
 4. Why DIGIT ICON? – Saves Your Customer’s Tax
Save Tax under Section 80C and 10(10D)

Save Tax

• Premiums paid are eligible for tax benefit U/S 80 C

• Max limit for tax benefit allowed is 1.5 lakhs p.a.

Tax- Free Returns

• Guaranteed Income and Maturity Benefit are tax-free U/S 10(10D)

• For Tax –Free Returns, it is mandatory to have:

- Minimum Life Cover of 10 x Annualized /Single Premium

- Premium payable in a FY should not exceed Rs. 5 lakh

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This deck is strictly for internal training purposes & not to be used for solicitation |9
 5. Why DIGIT ICON? – Provides Extra Benefits and Rate of Return on Investing Higher amount

Extra Benefit equal to following percentage

of base benefits will be provided on paying
higher premiums

PREMIUM BAND SINGLE PAY

LIMITED AND
(ANNUALIZED (FOR POLICY TERM OF >=
REGULAR PAY
PREMIUM) 10 YEARS)

Up to 99,999 0% 0%

1,00,000 to 1,99,999 1% 1%

2,00,000 to 4,99,999 2% 2%

5,00,000 and above 3% 3%

This deck is strictly for internal training purposes & not to be used for solicitation | 10
 5.a Enhanced Rate of Return on Investing Higher amount – How Does it Work?

Let’s take an example of a 30-year-old healthy male paying for a

5-year premium payment term and 15-year policy term

(Let’s see the returns for each premium band)

TOTAL
MATURITY BENEFIT AS
ANNUALIZED PREMIUMS MATURITY
A % OF TOTAL
PREMIUM PAID PAID DURING BENEFIT
PREMIUMS PAID
POLICY TERM

80,000 4,00,000 773,596 182.9%

1,00,000 5,00,000 971,995 183.9%

2,00,000 10,00,000 19,53,990 184.9%

5,00,000 25,00,000 49,09,975 185.9%

This deck is strictly for internal training purposes & not to be used for solicitation | 11
 6. Why Digit ICON? – Rewards Existing and Loyal Customers I Discount for Female Lives

Discount to Existing Auto Pay Benefit

Customer of Digit Group Cash Back on Direct -Debit of Discount to Female and
Renewal Premium Transgender Lives

• Reward for paying renewal 2% Premium Discount in First Year

• 2% Premium Discount in First Year
premiums in time
• On purchasing Digit Icon within one year (applicable for limited & regular
• 1% of each renewal premium will be pay)
of previous policy purchase
paid at the end of PPT
(applicable for limited & regular pay)

This deck is strictly for internal training purposes & not to be used for solicitation | 12
 Let’s Understand
• How Digit ICON works

This deck is strictly for internal training purposes & not to be used for solicitation | 13
 CREATE GUARANTEED WEALTH FOR FUTURE I BECOME a CROREPATI

Life Stage : Youngster – 25 years

Invest in Digit ICON – Lumpsum Variant

Total You Pay Total You Get

₹48 lakhs ~₹1.01 Crore

Pay Get Back

₹4,00,000 annually ₹ 1,00,84,099
For 12 years Lumpsum
(At the end of 20th year)

)
Policy Term : 20 years

• On Death during policy term of 20 years, a minimum Life Cover of • Inbuilt Additional Accidental Death Benefit of ₹40 lakhs during
₹40 lakhs will be paid to the nominee and policy will terminate policy term

This deck is strictly for internal training purposes & not to be used for solicitation | 14
 CREATE GUARANTEED WEALTH FOR KID’S BRIGHT FUTURE I MAKE HIM A CROREPATI

Life Stage : Married with young kid

(35 year old) Invest in Digit ICON – Lumpsum Variant

Total You Pay Total You Get

₹60 lakhs ~₹1.05 Crore

Get Back
Pay
₹5,00,000 annually ₹1,04,70,526
For 12 years Lumpsum
(At the end of 17th year)

)
Policy Term : 17 years

• On Death during policy term of 17 years, a minimum Life Cover of • Inbuilt Additional Accidental Death Benefit of ₹50 lakhs during
₹50 lakhs will be paid to the nominee and policy will terminate policy term

This deck is strictly for internal training purposes & not to be used for solicitation | 15
 INCREASING HOUSEHOLD EXPENSES - BRING A NEW EARNING MEMBER IN YOUR HOME

Invest in Digit ICON – Income Plus Lumpsum Variant

Get A GUANATEED INCOME From 1st Year + A Lumpsum Corpus for Retirement

Life Stage : Married with Grown-up

Total You Pay Total You Get
kids
₹60 lakhs ₹1.57 Cr
(40 year old)

Get Back Also Get

You Pay 1.20 cr
₹5 lakhs annually ₹1.25 lakhs annually Lumpsum
for 12 years For 30 years (along with last income)

(Policy term : 30 years)

) )

• Pay between Age 40 to 52 • Get Guaranteed Tax-Free Income from age 41 to 70 years
• Get a Lumpsum at age of 70 years

• On Death during policy term of 30 years, a minimum Life Cover of 50 lakhs will be paid and policy will terminate • Inbuilt Additional Accidental Death Benefit of ₹50 lakhs

This deck is strictly for internal training purposes & not to be used for solicitation | 16
 BRIGHTEN YOUR GOLDEN YEARS I Get Guaranteed TAX-FREE Pension and Enjoy a Peaceful Life Post Retirement
Life Stage : Few Years to Retirement
(Age 46 years)
Invest in Digit ICON – Income Plus Lumpsum Variant
Income starting after Policy Term

Total You Pay Total You Get

₹50 lakhs ₹1.76 Crore

Get Back Also Get

You Pay ₹50 lakhs
₹5 lakhs annually ₹5.05 lakhs annually Lumpsum
for 10 years For 25 years (along with last income)

(Policy term : 13 years)

) )

• Pay between Age 46 to 56 • Get Guaranteed Tax-Free Pension from age 60 to 84 years
• Wait for another 4 years • Get a Lumpsum at age of 84 years

• On Death during policy term of 13 years, a minimum Life Cover of 50 lakhs will be paid and policy will terminate • Inbuilt Additional Accidental Death Benefit of ₹50 lakhs
• On death during Income Period, remaining payouts will continue to the nominee as and when due.
• Nominee has the option to commute the remaining payouts and take them as lumpsum. Digit will calculate the
net present value of remaining payouts by applying the applicable interest rates to pay the lumpsum amount

This deck is strictly for internal training purposes & not to be used for solicitation | 17
 Thank You

This deck is strictly for internal training purposes & not to be used for solicitation | 18
Digit ICON Eligibility Conditions for Lumpsum & Income Plus Lumpsum (Income starting after Policy Term)
Parameters Eligibility Conditions
Minimum Entry Age of Life Assured(age as on last birthday)
0 year

SINGLE LIFE
Single Pay
• 50 years for 10 times Life Cover
Maximum Entry Age of Life Assured (age as on last birthday) • 85 years for 1.25 times Life Cover (60 years in case of Point of
Sales)

Limited and Regular Pay

• 65 years (60 years in case of Point of Sales)
Minimum Age at Maturity (age last birthday) 18 years
SINGLE LIFE
Single Pay
Maximum Age at Maturity (age last birthday) • 55 years for 10 times Life Cover
• 90 years for 1.25 times Life Cover (65 years in case of point of
sale)

Limited and Regular Pay

• 85 years (65 years in case of point of sale)
Premium Payment Term (in years) • Single Pay
• Limited and Regular Pay: 5/6/7/8/10/12/15
Policy Term (in years) • Single and Limited Pay: 5 to 30 ( 5 to 20 years in case of point of sale)
• Regular Pay: Equal to Premium Payment Term
Minimum Premium (in Rs.) Single Monthly
Annual Half-Yearly Quarterly

5,000 5,000 2,550 1,288 434

Maximum Premium (in Rs.) Subject to Digit’s Board Approved UW Guidelines
For POS - Maximum Premium should be aligned to maximum Sum Assured on Death of 25 lacs
Income Period (for Income starting after Policy Term)
Minimum: 2 years I Maximum: (50 years minus chosen policy term) 19
This deck is strictly for internal training purposes & not to be used for solicitation
Eligibility Conditions - Income Plus Lumpsum- (Income starting during the Premium Payment Term)

Parameters Single Life

Minimum Entry Age of Life Assured (age as on last birthday) 0 year
Maximum Entry Age of Life Assured (age as on last birthday)
65 years (55 years in case of Point of Sales)

Minimum Age at Maturity (age last birthday) 18 years

Maximum Age at Maturity (age last birthday) 75 years (65 years in case of point of sale)
Premium Payment Term (PPT) (in years) Limited Pay: 5/6/8/10/12

Policy Term (in years) Min.: PPT + 5 years,

Max: 50 years (Max Policy Term 20 years in case of point of sale)
Minimum Premium (in Rs.) Annual Half-Yearly Quarterly Monthly

5,000 2,550 1,288 434

Maximum Premium (in Rs.) Subject to Digit’s Board Approved UW Guidelines
For POS - Maximum Premium should be aligned to maximum Sum Assured on Death of 25 lacs
PPT Income (as % of Annualised Premium)
5/6 20%
Income Amount (as % of Annualised Premium)
8 20% / 25%
10/12 20% / 25% / 30%
Income Start Year 1stPolicy Year (Income will start in arrears)

Income Period Policy Term – Income Start Year + 1

Income Frequency Monthly/Yearly

This deck is strictly for internal training purposes & not to be used for solicitation