In case of Rahul's unfortunate death at the of age 65 years, the death benefit, based on the assumed ULIP investment returns, are as per the table given below.
Payment Term: 20 years
When Retired Life Income (RLI) is opted :
At assumed investment return1
| Total of Loyalty Additions (A)
| Total of Periodical Return of Mortality Charge (B)
| Total of RLI from age 45 years till age 65 years(Including Return Enhancer)
| Death Benefit at age of 65 years (Including A & B)
|
|---|
of 8%
| ₹92,000
| ₹ 5,562
| ₹ 26,59,897
| ₹ 22,38,706**
|
of 4%
| ₹92,000
| ₹ 6,438
| ₹ 9,67,410
| ₹ 21,55,791**
|
When Retired Life Income (RLI) is not opted for :
At assumed investment return1
| Total of Loyalty Additions (A)
| Total of Periodical Return of Mortality Charge (B)
| Death Benefit at age of 65 years (Including A & B)
|
|---|
of 8%
| ₹ 92,000
| ₹ 5,562
| ₹ 76,42,804**
|
of 4%
| ₹ 92,000
| ₹ 6,438
| ₹ 33,85,267**
|
The death benefit is subject to the guaranteed benefit*, which is 105% of the total premiums paid$, until the date of death.
1The above illustrations are considering investment is in the "Pure Stock Fund II"
**The assumed rate of returns indicated at 4% and 8% are illustrative and not guaranteed and do not indicate the upper or lower limits of returns under the Policy.
*Conditions Apply – The Guaranteed benefits are dependent on policy term, premium payment term availed along with other variable factors. For more details please refer to sales brochure.
$Total Premiums paid means the sum of all the Single Premium received and Top Up Premiums, if any, received till date, excluding any rider premium, any extra premium on rider and taxes.
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