In case of an unfortunate demise of the Life Insured during the Policy Term, nominee shall receive Death Benefit which is higher of

• Sum Assured* (reduced by applicable partial withdrawal) or
• Fund Value or
• 105% of Single Premium

*Sum Assured will be reduced to the extent of partial withdrawals made in the last 2 years immediately preceding the date of death.

On survival of the Life Insured till maturity date, Fund Value will be paid to you.

Death cover chosen will cease on Maturity.

 A Policy issued under this plan will acquire Surrender Value on payment of Single Premium.   However no Surrender Value will be payable during the Lock-in Period which is a period of 5 consecutive Policy years from the date of commencement of the Policy.

The surrender value will be the value of units less discontinuance (or surrender) charges. There are no discontinuance charges from 5^th year onwards.

Wealth Additions as a percentage of average fund value of preceding 36 monthiversaries, would be allocated as extra units at the end of each policy year, starting from first Policy year itself to your unit account if they fall within the Policy Term provided the policy is inforce. For duration less than 3 Policy years, average fund value since inception till date of allocation of Wealth Additions, at preceding monthiversaries will be taken.

Wealth Booster of 1.5% of average fund value of preceding 36 monthiversaries would be allocated to the your unit account at the end of specified Policy years, if they fall within the Policy Term, provided the policy is in force.

At inception, you can only chose one of the below mentioned investment strategies:

• Defined Portfolio Strategy; or
• Life Stage Portfolio Strategy

Once opted in, the investment strategy will continue throughout the policy term. You cannot switch from one investment strategy to another during the policy term.

Under this option, you can opt to invest in any of the funds as available (except DPF or Liquid Fund) in proportions of your choice. Within the Defined Portfolio strategy, you also have an option to select Systematic Transfer Plan option (STP) and/or Fund Conservation Option for which Liquid Fund will be made available to you.

You have an option to choose from five funds to invest your money in. You can look at the investment objectives of each of our funds and match those with your investment goals and then decide the proportion of money you would like to invest in any of them. If you are opting for more than one fund, the minimum investment in any fund should be at least 10% of the Single Premium paid. The funds

and fund objectives are as follows:

Liquid Fund will be available to you only through STP. Investment objective of Liquid Fund is as under.

In addition to above fund an additional fund will be maintained for discontinued policies with the following asset allocation and SFIN.

The minimum guaranteed rate of interest applicable to Discontinued Policy Fund will be specified by the IRDA of India from time to time. The current minimum guaranteed rate applicable to Discontinued Policy Fund is 4% per annum.

With STP, you can invest a specific amount in a regular fashion at monthly intervals. This gives you the advantage of rupee cost averaging. You buy more units when markets are down and fewer units when markets are up, thereby reducing the average cost of purchase of units in the funds selected by you.

You have the option to choose STP option for 12 or 24 months.

In case of STP, the Single premium (net of allocation charges) will be first allocated to Liquid fund, and then at the beginning of each policy month (monthiversary), a portion will be systematically switched to the funds chosen by you at inception. Every month 1/N of units will be transferred from Liquid fund to other funds as per the fund allocation proportion chosen by you; where N = number of months remaining under the STP scheme. You will have an option to choose STP for 12/24 months only.

For e.g.: A Policyholder chooses the STP option with premium allocation of 20% in Debt Fund and 80% in Growth Fund for STP of 12 months. Then for the first month 1/12 * 20% of units in Liquid fund will be switched to Debt Fund and 1/12 * 80% of units in Liquid Fund will be switched to Growth Fund. This transfer will happen after the deduction of all the charges for that monthiversary. For second month 1/11 * 20% of units in Liquid fund will be switched to Debt Fund and 1/11 * 80% of units in Liquid Fund will be switched to Growth Fund and so on each policy year.

If you are opting for more than one fund, the minimum investment in any fund should be at least 10% of the Single premium paid.

Considering the ever changing financial needs as per the different life milestones, we offer a life stage based investment strategy wherein the investments are distributed between Multi Cap Opportunities Fund and Debt Fund with their proportions varying as defined in table below. As and when the next milestone is achieved, the funds will be re-distributed according to the attained age (age bands) of Life Insured as given in following table.

On a quarterly basis, the strategy shall be reviewed and rebalanced, if necessary, to achieve above proportions. The rebalancing will be done on the first day of each quarter of the financial year except for the last 12 months of the policy. If the first day is a non valuation date then the next working day’s NAV will be applicable.

In the last 12 months, the remaining investments from Multi Cap Opportunities Fund will be systematically transferred to the liquid fund in 12 installments.

Within Defined Portfolio Strategy, you can switch your investments within the available funds, depending on your financial priorities and investment decision. Four switches in a policy year are free of cost and any subsequent switch in the year will be charged a fee of INR 250 per switch. There is no restriction on number of switches during entire policy term. No switching charge will be levied for switching from Liquid Fund to the chosen Funds in case STP is opted for.

The minimum switch amount is Rs. 5000 unless 100% of the fund is switched.

Switching between the funds will not be allowed in case Policyholder has opted for Life Stage Portfolio strategy

To manage any unexpected need for money or for any exigency, partial withdrawals can be made from your investment account only after completion of 5 Policy years (Lock-in Period) provided monies are not in DPF. The total amount of partial withdrawals in a policy year cannot exceed 20% of fund value as at the beginning of the policy year in which partial withdrawal is made. After making a partial withdrawal, you will have to wait for two years from the date of previous partial withdrawal to avail next partial withdrawal. A total of 5 partial withdrawals are allowed during the entire term of the contract. The minimum withdrawal amount is Rs. 10,000

For policies where life insured is a minor, Partial withdrawal is not allowed until the minor life insured, if applicable attains majority i.e. on or after the attainment of age 18. Partial withdrawal will not be allowed in case doing so would lead the contract to terminate

Within Defined Portfolio Strategy the Company will give you an option to preserve your fund value towards the end of your Policy, when your investments are due to be paid back. You should notify the Company 30 days before the start of the last policy year when the right to exercise this option becomes available.

For example:

Policy Issuance Date: 1st Jan 2019,

Policy Term: 10 years

Last Policy year Starts from: 1st Jan 2028.

The Policyholder has an option to inform the Company 30 days before 1st Jan 2028, i.e. any time before 2nd Dec 2027.

All your investments are systematically transferred from Debt Fund, Balance fund, Growth fund, Large Cap Equity fund, Multi Cap Opportunities Fund to Liquid Fund in the last 12 months of the Policy. Every month 1/N of the units will be transferred from chosen fund/s to Liquid fund.

Where, N= Number of months remaining under the FCO option .

Upon Maturity of the policy, you will have the option, to receive maturity benefit as a structured payout over a period of up to 5 years post maturity by availing settlement option.

• During the period the inherent risk in the underlying investment funds will be borne by the policyholder.
• The frequency of the periodic payments during settlement option can be annually or semi-annually.
• The period of settlement shall not in any case be extended beyond a period of five years from the date of maturity.
• The payments will be made in installments, based on settlement period and frequency of payouts chosen, with the first installment payable on the date of maturity.
• You have an option to switch the funds during the Settlement Period.
• In the settlement period after maturity, the risk cover shall be maintained at 105% of the total premiums paid. Accordingly mortality charges will be deducted.
• The charges levied on the fund during settlement period are the fund management charges, switching charge and mortality charge, if any and no other charges shall be levied.
• No partial withdrawals are allowed during the settlement period. However, you can take complete withdrawal at any time during the settlement period and no charge will be levied for such withdrawal.
• The policy will terminate once the fund value falls below a minimum amount of Rs. 5,000 during settlement period or at the end of settlement period by paying fund value at that time.

Please refer to sales brochure for further details

In case of an unfortunate demise of the Life Insured during the Policy Term, nominee shall receive Death Benefit which is higher of

• Sum Assured* (reduced by applicable partial withdrawal) or
• Fund Value or
• 105% of Single Premium

*Sum Assured will be reduced to the extent of partial withdrawals made in the last 2 years immediately preceding the date of death.

On survival of the Life Insured till maturity date, Fund Value will be paid to you.

Death cover chosen will cease on Maturity.

 A Policy issued under this plan will acquire Surrender Value on payment of Single Premium.   However no Surrender Value will be payable during the Lock-in Period which is a period of 5 consecutive Policy years from the date of commencement of the Policy.

The surrender value will be the value of units less discontinuance (or surrender) charges. There are no discontinuance charges from 5^th year onwards.

Wealth Additions as a percentage of average fund value of preceding 36 monthiversaries, would be allocated as extra units at the end of each policy year, starting from first Policy year itself to your unit account if they fall within the Policy Term provided the policy is inforce. For duration less than 3 Policy years, average fund value since inception till date of allocation of Wealth Additions, at preceding monthiversaries will be taken.

Wealth Booster of 1.5% of average fund value of preceding 36 monthiversaries would be allocated to the your unit account at the end of specified Policy years, if they fall within the Policy Term, provided the policy is in force.

At inception, you can only chose one of the below mentioned investment strategies:

• Defined Portfolio Strategy; or
• Life Stage Portfolio Strategy

Once opted in, the investment strategy will continue throughout the policy term. You cannot switch from one investment strategy to another during the policy term.

Under this option, you can opt to invest in any of the funds as available (except DPF or Liquid Fund) in proportions of your choice. Within the Defined Portfolio strategy, you also have an option to select Systematic Transfer Plan option (STP) and/or Fund Conservation Option for which Liquid Fund will be made available to you.

You have an option to choose from five funds to invest your money in. You can look at the investment objectives of each of our funds and match those with your investment goals and then decide the proportion of money you would like to invest in any of them. If you are opting for more than one fund, the minimum investment in any fund should be at least 10% of the Single Premium paid. The funds

and fund objectives are as follows:

Liquid Fund will be available to you only through STP. Investment objective of Liquid Fund is as under.

In addition to above fund an additional fund will be maintained for discontinued policies with the following asset allocation and SFIN.

The minimum guaranteed rate of interest applicable to Discontinued Policy Fund will be specified by the IRDA of India from time to time. The current minimum guaranteed rate applicable to Discontinued Policy Fund is 4% per annum.

With STP, you can invest a specific amount in a regular fashion at monthly intervals. This gives you the advantage of rupee cost averaging. You buy more units when markets are down and fewer units when markets are up, thereby reducing the average cost of purchase of units in the funds selected by you.

You have the option to choose STP option for 12 or 24 months.

In case of STP, the Single premium (net of allocation charges) will be first allocated to Liquid fund, and then at the beginning of each policy month (monthiversary), a portion will be systematically switched to the funds chosen by you at inception. Every month 1/N of units will be transferred from Liquid fund to other funds as per the fund allocation proportion chosen by you; where N = number of months remaining under the STP scheme. You will have an option to choose STP for 12/24 months only.

For e.g.: A Policyholder chooses the STP option with premium allocation of 20% in Debt Fund and 80% in Growth Fund for STP of 12 months. Then for the first month 1/12 * 20% of units in Liquid fund will be switched to Debt Fund and 1/12 * 80% of units in Liquid Fund will be switched to Growth Fund. This transfer will happen after the deduction of all the charges for that monthiversary. For second month 1/11 * 20% of units in Liquid fund will be switched to Debt Fund and 1/11 * 80% of units in Liquid Fund will be switched to Growth Fund and so on each policy year.

If you are opting for more than one fund, the minimum investment in any fund should be at least 10% of the Single premium paid.

Considering the ever changing financial needs as per the different life milestones, we offer a life stage based investment strategy wherein the investments are distributed between Multi Cap Opportunities Fund and Debt Fund with their proportions varying as defined in table below. As and when the next milestone is achieved, the funds will be re-distributed according to the attained age (age bands) of Life Insured as given in following table.

On a quarterly basis, the strategy shall be reviewed and rebalanced, if necessary, to achieve above proportions. The rebalancing will be done on the first day of each quarter of the financial year except for the last 12 months of the policy. If the first day is a non valuation date then the next working day’s NAV will be applicable.

In the last 12 months, the remaining investments from Multi Cap Opportunities Fund will be systematically transferred to the liquid fund in 12 installments.

Within Defined Portfolio Strategy, you can switch your investments within the available funds, depending on your financial priorities and investment decision. Four switches in a policy year are free of cost and any subsequent switch in the year will be charged a fee of INR 250 per switch. There is no restriction on number of switches during entire policy term. No switching charge will be levied for switching from Liquid Fund to the chosen Funds in case STP is opted for.

The minimum switch amount is Rs. 5000 unless 100% of the fund is switched.

Switching between the funds will not be allowed in case Policyholder has opted for Life Stage Portfolio strategy

To manage any unexpected need for money or for any exigency, partial withdrawals can be made from your investment account only after completion of 5 Policy years (Lock-in Period) provided monies are not in DPF. The total amount of partial withdrawals in a policy year cannot exceed 20% of fund value as at the beginning of the policy year in which partial withdrawal is made. After making a partial withdrawal, you will have to wait for two years from the date of previous partial withdrawal to avail next partial withdrawal. A total of 5 partial withdrawals are allowed during the entire term of the contract. The minimum withdrawal amount is Rs. 10,000

For policies where life insured is a minor, Partial withdrawal is not allowed until the minor life insured, if applicable attains majority i.e. on or after the attainment of age 18. Partial withdrawal will not be allowed in case doing so would lead the contract to terminate

Within Defined Portfolio Strategy the Company will give you an option to preserve your fund value towards the end of your Policy, when your investments are due to be paid back. You should notify the Company 30 days before the start of the last policy year when the right to exercise this option becomes available.

For example:

Policy Issuance Date: 1st Jan 2019,

Policy Term: 10 years

Last Policy year Starts from: 1st Jan 2028.

The Policyholder has an option to inform the Company 30 days before 1st Jan 2028, i.e. any time before 2nd Dec 2027.

All your investments are systematically transferred from Debt Fund, Balance fund, Growth fund, Large Cap Equity fund, Multi Cap Opportunities Fund to Liquid Fund in the last 12 months of the Policy. Every month 1/N of the units will be transferred from chosen fund/s to Liquid fund.

Where, N= Number of months remaining under the FCO option .

Upon Maturity of the policy, you will have the option, to receive maturity benefit as a structured payout over a period of up to 5 years post maturity by availing settlement option.

• During the period the inherent risk in the underlying investment funds will be borne by the policyholder.
• The frequency of the periodic payments during settlement option can be annually or semi-annually.
• The period of settlement shall not in any case be extended beyond a period of five years from the date of maturity.
• The payments will be made in installments, based on settlement period and frequency of payouts chosen, with the first installment payable on the date of maturity.
• You have an option to switch the funds during the Settlement Period.
• In the settlement period after maturity, the risk cover shall be maintained at 105% of the total premiums paid. Accordingly mortality charges will be deducted.
• The charges levied on the fund during settlement period are the fund management charges, switching charge and mortality charge, if any and no other charges shall be levied.
• No partial withdrawals are allowed during the settlement period. However, you can take complete withdrawal at any time during the settlement period and no charge will be levied for such withdrawal.
• The policy will terminate once the fund value falls below a minimum amount of Rs. 5,000 during settlement period or at the end of settlement period by paying fund value at that time.

Please refer to sales brochure for further details