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Insurance

Plan Details

Birla Sun Life Classic Child Plan

Summary Info

Insurance Company	Birla Sun Life Insurance Company Ltd
Plan Name	Birla Sun Life Classic Child Plan
Plan Nature	ULIP
Plan Category	Child Plan
UIN No.	109L066V01
About Plan	In life there are some dreams like giving your child the best possible education, planning for their career or wedding or helping them starts their life on an assred footing. And as a sensible parent you take it up as your priority. Birla Sun Life Insurancebrings its Classic Plans that can meet these needs and give you the confidence to fulfill your child's dreams. Presenting the BSLI Classic Child Plan, a plan that helps you reap rich benefits from the investment of your choice. At the sametime it ensures that your child's aspirations are achieved even if you are not around.

Basic Details

Minimum Entry Age	18years
Maximum Entry Age	65years
Maximum Policy Term	Savings Date75 or less 30days -17years+20years
Minimum Premium	Rs.25000 p.a. if paid annuallyRs.30000 p.a. if paid monthly, quarterly or semi-annually
Premium Paying Term	20yearsto 75 or less 30days-17years
Top-Up Premium	Rs.5000 minimum

Key Benefits

Benefits

Particulars	Description
Maturity Benefits	You will receive the Fund Value at maturity.
Death Benefits	In the unfortunate event the primary life insured dies while the policy is in effect, we will pay to the beneficiary the Basic Sum Assured.
Surrender Benefit	In case of emergencies, you can surrender your policy to us after the completion of five policy years and receive the Fund Value at that time. Prior to the Savings Date, in situations where the primary life insured (grand/parent) is dead, the secondary life insured (child) can surrender the policy anytime after attaining age 18.
Guaranteed Benefit	In the form of additional units will be added to your policy.On 10th policy anniversary and on every 5th policy anniversary thereafter. Guaranteed Addition is 2.50% of the Basic Premiums paid in the last 60 months
Guaranteed Benefit	In additional on 11th policy anniversary and every policy anniversary thereafter. Guaranteed Addition is 0.25% of the average Fund Value in the last 12 months.

Tax Benefits

Section	Description
SEC 80 C	Under Section 80 C premiums up to Rs. 100,000 are allowed as deduction from taxable income.
SEC 10 (10)D	Maturity and Death Benefits are tax free under section 10 (10) D of the Income Tax Act, 1961.

Rider Name

Critical Illness Rider [109C001V01]

Hospital Care Rider [109C016V01]

Surgical Care Rider [109C015V01]

Accident Death and Disability Rider [109C018V01]

Plan Speciality

You choose the Savings Date that suits your savings objectives.You choose the premium amount you want to pay every year prior to your Savings Date

you will enjoy a life cover of no less than the Basic Sum Assured throughout the policy term.

TO increase the financial security for your loved ones by choosing an Enhanced Sum Assured.

To increase the protection under this plan by choosing additional riders

To meet any emergency fund requirements by making partial withdrawals or taking a policy loan

Fund Option

Discontinued Policy Fund

Individual Life - Assure

Individual Life - Builder

Individual Life - Creator

Individual Life - Enhancer

Individual Life - Income Advantage

Individual Life - Magnifier

Individual Life - Maximiser

Individual Life - Multiplier

Individual Life - Protector

Individual Life - Super 20 Fund

Particulars	Range
Discontinued Policy Fund
Debt Securities, Bank Deposits, Mutual Funds & Money Market Securities	0% - 100%
Individual Life - Assure
Debt Instruments, Money Market & Cash	100% - 100%
Equities & Equity Related Securities	0% - 0%
Individual Life - Builder
Debt Instruments, Money Market & Cash	80% - 90%
Equities & Equity Related Securities	10% - 20%
Individual Life - Creator
Debt Instruments, Money Market & Cash	50% - 70%
Equities & Equity Related Securities	30% - 50%
Individual Life - Enhancer
Debt Instruments, Money Market & Cash	65% - 80%
Equities & Equity Related Securities	20% - 35%
Individual Life - Income Advantage
Debt Instruments, Money Market & Cash	100% - 100%
Equities & Equity Related Securities	0% - 0%
Individual Life - Magnifier
Debt Instruments, Money Market & Cash	10% - 50%
Equity & Equity related securities	50% - 90%
Individual Life - Maximiser
Debt Instruments, Money Market & Cash	0% - 20%
Equities & Equity Related Securities	80% - 100%
Individual Life - Multiplier
Debt Instruments, Money Market & Cash	0% - 20%
Equities & Equity related securities	80% - 100%
Individual Life - Protector
Debt Instruments, Money Market & Cash	90% - 100%
Equities & Equity Related Securities	0% - 10%
Individual Life - Super 20 Fund
Equity	80% to 100%
Debt	0% to 20%

Latest NAV

Assure Fund	17-Jun-13	20.0896
Builder Fund	17-Jun-13	33.4064
Creator Fund	17-Jun-13	29.6211
Discontinued Policy Fund	17-Jun-13	12.1049
Enhancer Fund	17-Jun-13	39.32
Income Advantage Fund	17-Jun-13	17.4167
Magnifier Fund	17-Jun-13	28.5842
Maximiser Fund	17-Jun-13	14.1034
Multiplier Fund	17-Jun-13	11.7475
Protector Fund	17-Jun-13	27.1519
Super 20 Fund	17-Jun-13	14.4874

Portfolio

Discontinued Policy Fund

Individual Life - Assure

Individual Life - Builder

Individual Life - Creator

Individual Life - Enhancer

Individual Life - Income Advantage

Individual Life - Magnifier

Individual Life - Maximiser

Individual Life - Multiplier

Individual Life - Protector

Individual Life - Super 20 Fund

News

13-Jul-09 20:14	Birla Sun Life Insurance launched 'Super 20'
25-Jun-09 11:26	Birla Sun Life renewed bancassurance with Development Credit Bank
20-Jun-09 11:46	Investing Rs 500 cr in Life Insurance arm : Birla & Sun Life
16-Jun-09 12:26	Sun Life Financial acquires UK business of Lincoln National
19-May-09 11:55	Birla Sun Life paid Rs 1.25 lakh as settlement amount to SEBI
15-May-09 12:26	Claims outstanding ratio has been reduced by 100% : Birla SunLife Insurance
29-Apr-09 10:26	Birla Sun Life Insurance crosses Rs 10,000 cr in AUM
08-Apr-09 08:56	Birla Sun Life Insurance opens zonal office in Pune
20-Jan-09 13:20	Birla Sun Life to partner in micro insurance project
10-Jan-09 10:20	Birla Sun Life mutual dumps Satyam
09-Jan-09 14:10	Birla Sun Life enters the health space
08-Jan-09 12:40	BSLI enters health insurance buisness
03-Dec-08 12:06	Birla Sun Life CEO quits

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Wealth at Retirement

Birla Sun Life Classic Child Plan

Summary Info

Basic Details

Key Benefits

Tax Benefits

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Fund Option

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