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UIN: 104N111V02 Page 1 of 3
UIN: 104N111V02 Page 1 of 3
UIN: 104N111V02 Page 1 of 3
Name of the Prospect/Policyholder: Mr. Abc Name of the Product: Max Life Savings Advantage Plan
Age & Gender: 20 Years, Male Tag Line: A Non-Linked Participating Individual Life Insurance Savings Plan
Name of the Life Assured: Mr. Abc Unique Identification No: 104N111V02
Age & Gender: 20 Years, Male GST Rate: 4.50%
Policy Term: 15 Years Max Life State: Rajasthan
Premium Payment Term: 10 Years Policyholder Residential State: Rajasthan
Amount of Installment Premium: `26,125
Mode of payment of premium: Annual
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 illustration 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 Sum Assured (in Rs.) 2,11,381
Bonus Type Premium Offset Sum Assured on Death (at inception of the policy) (in Rs.) 2,75,000
Rider Details
Accidental Death & Dismemberment (ADD) Rider Premium
NA Accidental Death & Dismemberment (ADD) Rider Sum Assured (in Rs.) NA
Payment Term and Rider Term
Term Plus Rider Term NA Term Plus Rider Sum Assured (in Rs.) NA
Waiver of Premium (WOP) Plus Rider Term NA
Critical Illness and Disability Rider - Rider Premium
NA Critical Illness and Disability Rider Variant NA
Payment Term and Rider Term
Critical Illness and Disability Rider Sum Assured NA
Premium Summary
Base Plan Riders Total Installment Premium
Installment Premium without GST (in Rs.) 25,000 - 25,000
Installment Premium with first year GST (in Rs.) 26,125 - 26,125
Installment Premium with GST 2nd year onwards (in Rs.) 25,563 - 25,563
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17
2 25,000 11,626 - 20,384 2,75,000 - - 1,351 20,384 - 1,596 20,384 - - 2,98,252 2,98,252
3 25,000 11,626 - 35,278 2,75,000 - - 1,393 35,278 - 1,695 35,278 - - 3,09,878 3,09,878
4 25,000 11,626 - 63,460 2,75,000 - - 1,435 63,460 - 1,801 63,460 - - 3,21,504 3,21,504
5 25,000 11,626 - 83,817 2,75,000 - - 1,478 83,817 - 1,915 83,817 - - 3,33,130 4,02,399
15 - - - 2,83,130 3,02,500 2,32,519 - 1,995 2,92,644 - 3,528 3,63,446 2,92,644 3,63,446 3,60,630 4,29,899
Notes: Annualized Premium excludes underwriting extra premium, frequency loadings on premiums, the premiums paid towards the riders, if any, and Goods and Service Tax. Refer Sales literature for explanation of terms used in
this illustration.
Place:
Date: 8/8/21 Signature / OTP Confirmation Date / Thumb Impression / Date:8/8/21 Signature / OTP Confirmation Date / Thumb Impression /
Electronic Signature of Agent/ Intermediary / Official Electronic Signature of Prospect/ Policyholder
This system generated benefit illustration shall be treated as signed by me.