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WEALTH PLUS T-801 A TOOL FOR PRUDENT FINANCIAL PLANNING

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Presentation on theme: "WEALTH PLUS T-801 A TOOL FOR PRUDENT FINANCIAL PLANNING"— Presentation transcript:

1 WEALTH PLUS T-801 A TOOL FOR PRUDENT FINANCIAL PLANNING
UIN 512L259V01 A TOOL FOR PRUDENT FINANCIAL PLANNING FROM THE MOST TRUSTED SERVICE BRAND THANK YOU, LIC 12/09/2018

2 GRAND LAUNCHING ON . 12/09/2018

3 A UNIQUE LINKED PLAN WITH A GUARANTEED HIGHEST NAV ON MATURITY
12/09/2018

4 neelambika.sekaran@gmail
WEALTH PLUS PLAN GUARANTEES FOR HIGHEST NET ASSET VALUE [NAV] OVER THE FIRST 7 YEARS OR THE NAV AS APPLICABLE AT THE END OF THE POLICY TERM, WHICHEVER IS HIGHER EXTENDED LIFE COVER FOR 2 YEARS AFTER MATURITY 12/09/2018

5 neelambika.sekaran@gmail
WEALTH PLUS PLAN GUARANTEES FOR ON DEATH OF THE LA WITHIN THE TERM OF THE POLICY – WHEN THE LIFE COVER IS IN FORCE – BASIC SUM ASSURED + NAV IN CASE OF ACCIDENTAL DEATH, BASIC SUM ASSURED + AB S.A. + NAV 12/09/2018

6 neelambika.sekaran@gmail
WEALTH PLUS PLAN GUARANTEES FOR ON DEATH OF THE LA AFTER THE TERM OF THE POLICY – WHEN THE EXTENDED LIFE COVER IS IN FORCE - BASIC SUM ASSURED 12/09/2018

7 neelambika.sekaran@gmail
ELIGIBILITY POLICY TERM 8 YEARS MINIMUM MAXIMUM SINGLE PREMIUM SUM ASSURED [MULTIPLES OF 5000] 1.25 TIMES 5 TIMES UPTO TIMES UPTO 50 AND TIMES BEYOND 50 PREMIUM [MULTIPLES OF ] 40,000 NO LIMIT ENTRY AGE 10 YEARS LBD 65 YEARS NBD 12/09/2018

8 ELIGIBILITY POLICY TERM 8 YEARS MINIMUM MAXIMUM 3 YEAR PPT
SUM ASSURED [MULTIPLS OF 5000] 5 TIMES 10 TIMES UPTO 50 YEARS & 5 TIMES BEYOND 50 PREMIUM [MULTIPLE OF 500 FOR ECS & 1000 FOR OTHER MODE] 20,000 A.P 2,000 ECS NO LIMIT ENTRY AGE 10 YEARS LBD 65 YEARS NBD A.B 62 YEARS NBD 12/09/2018

9 WEALTH PLUS FUND ALL PREMIUMS RECEIVED SHALL BE INVESTED IN GOVERNMENT GUARANTEED SECURITIES, CORPORATE DEBT,MONEY MARKET INSTRUMENTS, LISTED EQUITY SHARES OBJECTIVE OF THE FUND IS MEDIUM RISK NAV TO BE DECLARED ON A DAILY BASIS 12/09/2018

10 ADDITIONAL FEATURES n PARTIAL WITHDRAWALS AFTER 3 YEARS, SUBJECT TO
FOR MINORS, ONLY ON ATTAINMENT OF 18 YEARS TWICE IN A YEAR ONLY EITHER A FIXED AMOUNT OR FIXED UNITS, MINIMUM IS RS.2,OOO FOR 3 YEAR PPT – ONE ANNUALIZED PREMIUM TO BE RETAINED FOR SINGLE PREMIUM – MINIMUM OF 25% OF SP TO BE RETAINED n 12/09/2018

11 ADDITIONAL FEATURES DAYS OF GRACE – 30 DAYS FOR YLY, HLY, QLY
DAYS OF GRACE – 15 DAYS FOR MLY ECS POLICY LAPSES, IF PREMIUM IS NOT PAID WITHIN THE DAYS OF GRACE 12/09/2018

12 ADDITIONAL FEATURES REVIVAL WITHIN 2 YEARS FROM THE FUP NO INTEREST
REVIVAL CHARGES RS.500/- ASSIGNMENT / NOMINATION ALLOWED FUND STATEMENT ISSUED ON EVERY POLICY ANNIVERSARY AND ALSO AS AND WHEN TRANSACTION TAKES PLACE 12/09/2018

13 COMPULSOSRY SURRENDER
WHEN POLICY IS NOT REVIVIED WITHIN THE PERIOD OF REVIVAL, POLICY SHALL BE TERMINATED ON EXPIRY OF REVIVAL PERIOD OR AFTER 3 YEARS OF DOC WHICHEVER IS LATER FUND VALUE IS NOT SUFFICIENT TO RECOVER THE CHARGES APPLICABLE FOR 3 YEAR PPT, FUND VALUE SHALL BE SUBJECT TO A MINIMUM BALANCE OF 50% OF ONE ANNUALIZED PREMIUM 12/09/2018

14 USPs First-ever GURANTEED HIGHEST NAV under ULIP on Maturity
Extended Risk Cover after Maturity Short Term Premium Paying – Single or 3 years Policy term 8 years only Lowest allocation charges Optional Accident Benefit Cover 12/09/2018

15 USPs Double Benefit on Death – SA + NAV
Triple Benefit on Accidental Death – SA + NAV + ABSA Partial Withdrawal facility NIL Surrender charges ATM Facility – Any Time Money after 3 years Rs.10 NAV for early investors Assignment/Nomination Facility 12/09/2018

16 REMEMEBER SCHEME MAY CLOSE ON 31-03-2010
[PLEASE REF. ACTL. CIRCULAR NO /4 DATED – SALE IS OPEN FOR A MAXIMUM PERIOD OF 3 MONTHS] 12/09/2018


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