INSURER Aegon Life Edelweiss Tokio Life Bharti AXA Life HDFC Life ICICI Prudential Life HDFC Life
Plan Name iGuarantee GCAP eAajeevan Sampatti+ Sanchay Super Income Sampoorn Smridhi Plus Future Perfect Savings Suraksha Young star Udaan
Features Min Pay Term 6 yrs 5 yrs 10 yrs 5 yrs 5 yrs 5 yrs 5 yrs 5 yrs 7 yrs
Max Pay Term 6 yrs 12 yrs 15 yrs 10 yrs 12 yrs 10 yrs 10 yrs 30 yrs Policy Term minus 5 Years
Payment Frequency Monthly and Annually Monthly, half yearly, quarterly and annually Annual, semi- annual, quarterly* & monthly* Monthly, half yearly, quarterly and annually Yearly, Half-yearly, Quarterly and Monthly Monthly, half yearly, quarterly and annually Yearly, Half-yearly and Monthly Yearly, Half-yearly and Monthly Yearly, Quarterly, Half-yearly and Monthly
PPT Limited Limited Limited Limited Limited Pay Limited Limited Limited Pay and Regular Pay Limited Pay and Regular Pay
Death Benefit Higher of SA or FV or 105% of TPP Higher of: • 11x of APE for 5, 7 & 10 Pay and 13x of the APE for 12 Pay • Sum Assured on Maturity* • 105% of total premiums paid (excluding any underwriting extras, rider premiums, service tax and cess) till date of death Higher of SA or FV or 105% of TPP SA or 10 times of AP or 105% of TPP SA + Bonus or or 105% of TPP SA or 10 times of AP or 105% of TPP 10 times of annual premium If age < 45 yrs then 10 x annual premium(AP) if age 45 to 54 then (10 or 7) times AP if age > 54 yrs then 7 times AP SA or 10 times of AP or 105% of TPP
Loyalty Additions/ Extra Allocation Guaranteed annual payout- on maturity 135% of the AP Get additional benefits from 9th policy year through Guaranteed Accrual Additions Post 5 policy years, Non-guaranteed benefit (as % of SA on Maturity) is paid out as cash bonus every year starting from the end of 6th Policy year, until maturity or death, whichever is earlier. Increasing Guaranteed Addition of 8-9% SA added every year till maturity. 15-19 yrs- 8% 20-25 yrs - 9% Regular Income for period 8 to 15 yrs after premium payment term. Increasing Guaranteed Addition of 8-9% of Sum Assured added every year till maturity. 15-19 yrs- 8% 20-25 yrs - 9% Accrued Guaranteed Additions (GAs) Guaranteed Additions: During each of the first 5 policy years, GA equal to 5% of GMB will accrue to the policy. Policy Term Guaranteed Additions (% of SA on Maturity) <= 19 years 3 % p.a. for first 5 policy years, nil thereafter >=20 years 5 % p.a. for first 5 policy years, nil thereafter
Wealth Boosters NA NA NA NA NA NA NA NA NA
Return Of Mortality Charge Yes added at the end of Policy Term Yes added at the end of Policy Term Yes added at the end of Policy Term Yes added at the end of Policy Term Yes added at the end of Policy Term Yes added at the end of Policy Term Yes added at the end of Policy Term Yes added at the end of Policy Term Yes added at the end of Policy Term
Riders Accidental Death benefit accidental death benefit rider accidental total & permanent disability rider waiver of premium rider term rider critical illness rider income benefit Premium Waiver rider Bharti AXA Life Accidental Death Benefit Rider No Riders No Riders No Riders No Riders No Riders No Riders
Charges PAC NIL NIL NIL NIL NIL NIL NIL NIL NIL
Admin Charges 33.33/- pm inflating @ 5% 33.33/- pm inflating @ 5% 33.33/- pm inflating @ 5% 33.33/- pm inflating @ 5% 33.33/- pm inflating @ 5% 33.33/- pm inflating @ 5% 33.33/- pm inflating @ 5% 33.33/- pm inflating @ 5% 33.33/- pm inflating @ 5%
Discontinuance Charges Same for all Insurer Same for all Insurer Same for all Insurer Same for all Insurer Same for all Insurer Same for all Insurer Same for all Insurer Same for all Insurer Same for all Insurer
Mortality Depends on Age, Gender & SA Depends on Age, Gender & SA Depends on Age, Gender & SA Depends on Age, Gender & SA Depends on Age, Gender & SA Depends on Age, Gender & SA Depends on Age, Gender & SA Depends on Age, Gender & SA Depends on Age, Gender & SA
Monthly Mode Payment Conditions 1 month premium through all modes Debit Card, Credit Card or Net Banking 1 month premium through all modes Debit Card, Credit Card or Net Banking 1 month premium through all modes Debit Card, Credit Card or Net Banking 1 month premium through all modes Debit Card, Credit Card or Net Banking 1 month premium through all modes Debit Card, Credit Card or Net Banking 1 month premium through all modes Debit Card, Credit Card or Net Banking 1 month premium through all modes Debit Card, Credit Card or Net Banking 1 month premium through all modes Debit Card, Credit Card or Net Banking 1 month premium through all modes Debit Card, Credit Card or Net Banking
Policy Terms 6 yrs - 15 yrs 15- 30 yrs 10-20 yrs Premium Paying Term 5 years: 10 yrs Premium Paying Term 8 and 10 years: 15 yrs maximum : 25 Yrs 15-30 yrs 15 - 40 yrs 10-25 yrs 10-30 yrs 15-25 yrs
Age of entry 12-50 yrs 91 days- 55 yrs 91 days - 50 yrs 30 days - 45 Yrs 2-59 yrs 30 - 60 Yrs 3- 45 yrs 0- 60 yrs 0- 60 yrs
Age of Maturity 56 yrs 18 - 70 yrs 85- 100 yrs 18yrs - 70 yrs 18-75 yrs 18 -75 Yrs 18 -70 Yrs 18 -70 Yrs 18 -75 Yrs
Maturity Benefit Guaranteed Maturity Benefit Cumulative Annualized Premium where Cumulative Annualized Premium= Annualized premium * Premium Paying Term Sum Assured on Maturity is paid if the Life Insured survives till the maturity of the Policy and the policy is in-force. Maturity Benefit as percentage of SA (For 15-25 years, 220-325% of SA) Get guaranteed benefit on maturity of the policy. Sum Assured on Maturity Accrued Guaranteed Additions Accrued Reversionary bonuses Interim bonus (if any) Terminal bonus (if any) Maturity Benefit = Higher of (D, E) Where, D = Guaranteed Maturity Benefit (GMB) + accrued Guaranteed Additions + subsisting reversionary bonuses already accrued to the policy, if any + terminal bonus, if any E = 100.1% X (annualized premium plus loadings for modal premiums, if any) Guaranteed Maturity Benefit (GMB): GMB will be declared at policy inception. it is the Guaranteed lump sum payable at Maturity. ASPIRATION-An instant support to provide for the larger responsibilities of life Lumpsum(can be 6,25,000) paid at 100% of SA+ Maturity GA(25% of SA) used to pay for marriage/business fund expenses. Total 125% of SA 6,25,000 ACADEMIA- The planned and perfectly timed investment for your child's education need. At Maturity 15% of SA + Further education or add on ` 2,00,000 GA(25% of SA) courses Total 130% of SA ` 6,50,000 CAREER – An added advantage to kick start your child’s career GA(25% of SA) Total 140% of SA ` 7,00,000

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INSURER Bajaj Allianz Life Tata Aia Life HDFC Life Aegon Life Edelweiss Tokio Life Canara HSBC OBC Life
Plan Name Goal Assure Fortune pro Click2invest Pro growth plus Sampoorn Nivesh I Invest Ewealth plus I-invest shield plan
Features Min Pay Term 5 yr 5 yr (Entrty age - 30 days - 59 yrs) 5 yr 10 Yrs 0 years (30 days)/ 5 yrs 5 yrs 5 yrs 18 yrs
Max Pay Term 20 yr 20 yr (maturity age (18 yrs - 75 yrs)) 20 yr 30 yrs 25 yrs 25 yrs 15 yrs 50 yrs
Payment Frequency 4(monthly/Quarterly/Half yearly/Annual) 4(Annual/Half yearly/Quarterly/Monthly) 4(Annual/Half yearly/Quarterly/Monthly) Annual/ Monthly/ Half yearly Annual/ Monthly/ Half yearly Monthly and Annually monthly / Annually/ one time monthly / Annually
PPT Limited and Regular Single, Limited and Regular Single, Limited and Regular Single, Limited and Regular Single, Limited and Regular Single and Regular Single and limited Single, Limited and Regular
Strategies 4 (Self Managed, Wheel of Life (not advicable(managed by fund manager)), Trigger Based (if market rises by 15% it will automatically goes to debt.) and Auto Transfer 2(Self Managed/ Regular Transfer (Enhanced SMART) 4 (Self Managed, Wheel of Life (not advicable(managed by fund manager)), Trigger Based (if market rises by 15% it will automatically goes to debt.) and Auto Transfer 4 (Self Managed, Wheel of Life (not advicable(managed by fund manager)), Trigger Based (if market rises by 15% it will automatically goes to debt.) and Auto Transfer 4 (Self Managed, Wheel of Life (not advicable(managed by fund manager)), Trigger Based (if market rises by 15% it will automatically goes to debt.) and Auto Transfer a. Self Managed Portfolio Strategy b. Lifestyle Portfolio Strategy 4 (Self Managed, Wheel of Life (not advicable(managed by fund manager)), Trigger Based (if market rises by 15% it will automatically goes to debt.) and Auto Transfer 4 (Self Managed, Wheel of Life (not advicable(managed by fund manager)), Trigger Based (if market rises by 15% it will automatically goes to debt.) and Auto Transfer
Funds Available 8 8 8 8 8 6 5 7
Switches Unlimited Free switches 12 Free switches in a policy year 4 free switches in a year Move your accumulated funds from one fund to another anytime 4 free switches in a year Four switches in a Policy year. Extra switches for 0.1% of amount switched per switch subject to a cap of ` 200 4 switches in a Policy year. Extra switches for 0.1% of amount switched per switch subject to a cap of ` 200 Unlimited free switches in a year
Rate of Return(Last five years)subject to change 24% 11% 22% 22% 22% 12% 16% 12%
Death Benefit Higher of SA or FV or 105% of TPP Higher of SA or FV or 105% of TPP Higher of SA or FV or 105% of TPP Higher of SA or FV or 105% of TPP Higher of SA or FV or 105% of TPP Higher of SA or FV or 105% of TPP Higher of SA or FV or 105% of TPP Higher of SA or FV or 105% of TPP
Loyalty Additions/ Extra Allocation NA NA NA NA NA Premium Payment Term/ Loyalty Unit Addition % 5 / 7 years - 1.70% 10 years / Equal to PT - 1.80% NA NA
Wealth Boosters From 6 year onwards till the end of PT. [0.5%,1%,1,5%] of AP for [10yr,15yr,20yr] From 11th policy yr till the end of PT. 0.2% of FV NA NA NA • No Premium Allocation Charge • Loyalty Additions for Policy Term 15-25 years • Top-Ups to boost your Fund Value • Settlement option at Maturity NA NA
Return Of Mortality Charge Available but payout hiked by 0.5% of the instalment amount. Available Available Available Available Available Available Available
Settlement Option Yes added at the end of Policy Term Available Available Available Available Under this option you will receive the maturity proceeds in installments over a period you choose (not exceeding 5 years from maturity date). with the first installment being paid on the date of Maturity. Available Available
Riders No Riders No Riders No Riders Accidental Death Benefit Rider, Accidental Permanent Total/ Partial Disability Rider,Critical Illness Rider, Family Income Benefit Rider, Waiver of premium Rider Accidental Death Benefit Rider, Accidental Permanent Total/ Partial Disability Rider,Critical Illness Rider, Family Income Benefit Rider, Waiver of premium Rider No Rider No Rider No Rider
Top Up Available Available Not Available Available Available Available Available Available
Charges FMC Nil 3.5-6% for first 10 yrs. 11 th yr onward, 2%. Nil 1.35 % p.a. 1.35 % p.a. Percentage of the value of assets( appropriated by adjusting the Net Asset Value) every day, when the unit linked funds are priced. 1.35 % p.a. 1.35 % p.a.
Admin Charges 33.33/- pm inflating @ 5% 0.75% p.a of AP through out the PT Nil 33.33/- pm inflating @ 5% 33.33/- pm inflating @ 5% For 1st Policy Year, it will be equal to 0.2% of the APE, subject to a minimum of Rs. 80-200 per month. This will increase with 5% rate compounded p.a from the 2nd Policy year, subject to a maximum of Rs. 500 per month. Zero Policy Admin Charge 33.33/- pm inflating @ 5%
Discontinuance Charges 1.35% in Equity, 0.95% in debt 1.20% in Equity and 0.80% in Debt 1.35% both for Equity & Debt 1.35% both for Equity & Debt 1.35% both for Equity & Debt 1.35% both for Equity & Debt 1.35% both for Equity & Debt 1.35% both for Equity & Debt
Monthly Mode Payment Conditions 1 month premium through all modes Debit Card, Credit Card or Net Banking 1 month premium through all modes Debit Card, Credit Card or Net Banking 1 month premium through all modes Debit Card, Credit Card or Net Banking 1 month premium through all modes Debit Card, Credit Card or Net Banking 1 month premium through all modes Debit Card, Credit Card or Net Banking 1 month premium through all modes Debit Card, Credit Card or Net Banking 1 month premium through all modes Debit Card, Credit Card or Net Banking 1 month premium through all modes Debit Card, Credit Card or Net Banking
Mortality Depends on Age, Gender & SA Depends on Age, Gender & SA Depends on Age, Gender & SA Depends on Age, Gender & SA Depends on Age, Gender & SA Depends on age and "sum at risk". For Base Plan & paid up policies: Higher of [SA] or [105% of TPP] in excess of FV.(For Top-Up: SA in excess of the Fund Value.) Depends on Age, Gender & SA Depends on Age, Gender & SA
PAC Zero premium allocation charge Zero premium allocation charge Zero premium allocation charge Zero premium allocation charge Zero premium allocation charge Zero premium allocation charge Zero premium allocation charge Zero premium allocation charge

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For further assistance/information contact us

All offerings may change from case to case and time to time depending upon insurance company's discretion and customer's eligibility. These product comparisons are just for reference.