Maturity Benefits
He has invested in Bajaj Life GAIN- Growth to meet his Life Goals. He has invested a Premium of Rs.5,00,000 p.a for a premium paying term of 10 years. He has chosen Whole Life as Policy term. He has opted for a sum assured of Rs.50 Lacs. The total premium that will be paid by Pawan will be Rs.50,00,000.
Let’s see the benefits available under the Policy.
At Assumed Return1
| Fund Value at the end of 60th Policy year (in ₹)
|
|---|
of 8%
| ₹16,90,87,175**
|
of 4%
| ₹2,01,76,346**
|
**All figures are in rupees. The returns indicated at 4% and 8% are illustrative and not guaranteed, subject to Policy terms & conditions and do not indicate the upper or lower limits of returns under the Policy.
Death Benefit
In case of Pawan’s unfortunate death at the end of 25th policy year, the Death Benefit, based on the assumed investment returns, are as per the table given below.
At Assumed Return1
| Death Benefit at 25th year
|
|---|
of 8%
| ₹ 1,81,13,813**
|
of 4%
| ₹81,98,552**
|
The Death Benefit is subject to a minimum of the guaranteed* benefit, which is 105% of the total Premiums paid, till the date of death.
**All figures are in rupees. The returns indicated at 4% and 8% are illustrative and not guaranteed, subject to Policy terms & conditions 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.
1The above illustrations are considering investment is in the "Pure Stock Fund II"
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