IDBI Fortis Presents

Flexible Money back plan with Guaranteed Returns

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To create Guaranteed income for the future

A plan that allows you to set up a guaranteed income for whatever goals you have in mind.
Once you choose the plan you will be assured of a minimum income for every year during the payout period. Payout for 10 years. In addition, every time you make a premium payment; you get a guaranteed addition for each year of the payment period.
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Protect your goals with insurance cover

You get adequate life cover to protect your goals so that your family is secure even in your absence .
If you choose Waiver of Premium option, all future premiums will be waived and guaranteed annual income will continue, just as you had planned.
Your dreams for your loved ones are fulfilled with or without you
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Create exclusive funds

This plan allows you to create exclusive funds for your loved ones which no one will be able to access because they are legally protected from creditors and claimants on estate such as legal heirs, parties to dispute or creditors.
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Flexible premium payment options

Depending on your needs and preference you can choose the period for which you will pay the annual premium . This can be for 10 or 15 years

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Choice of payout options

Choose from two payout options available . Annual money back payout option OR Lump sum payout on maturity

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Liquidity
Unlike typical Money Back plan there is no compulsion to take the annual payout.
A unique feature of the flexible payout option lets you have the liquidity only when you need it. The balance funds are available for withdrawal at maturity and they earn additional interest.
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Complete transparency
All the additional income is 100% transparent because it is linked to the prevailing rate of interest in government securities .
It is declared right at the time of paying the premium.
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One plan two benefits

This plan offers you twin tax benefits Tax deduction on premium paid (up to 1 lac ) Section 80c and tax free returns under section 10 (10D)

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Strong parentage
IDBI Fortis a joint venture between IDBI bank, India's premier leading development and commercial bank , Federal bank one of India's leading private sector banks and Fortis Insurance International , a multinational insurance giant brings the plan to you.

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These are not the only reasons the figures make it more exciting

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Age of the Insured (for major)

18-24 yrs 25-29 yrs 30-34 yrs 35-39 yrs 40-44 yrs 45 yrs 50 yrs 55 yrs

Benefits Payable-Option Benefits Payable-Option 1 2

Payable every year for 10 yrs Payable at Maturity

Sum Assured Premium Premium Premium Premium Premium Premium Premium Premium

MAP

AAP

GAP=MAP+ AAP

Endowment

1,50,000 2,00,000 2,50,000 3,00,000

14082 18775 23469 28163

14094 18792 23489 28187

14135 18846 23558 28269

14221 18961 23702 28442

14372 19161 23952 28742

14414 19218 24023 28827

14848 19798 24747 29697

15430 20574 25717 30861

15000 20000 25000 30000

12300 16400 20500 24600

27300 36400 45500 54600

349856 466474 583093 699712

3,50,000
4,00,000 5,00,000 7,50,000 10,00,000

32857
36541 45676 68513 90341

32885
36573 45716 68574 90422

32981
36682 45852 68779 90695

33182
36912 46140 69211 91271

33533
37312 46641 69961 92271

33632
37426 46782 70173 92554

34646
38585 48232 72348 95453

36004
40137 50172 75257 99333

35000
40000 50000 75000 100000

28700
32800 41000 61500 82000

63700
72800 91000 136500 182000

816330
932949 1166186 1749279 2332372

Premium table for Policy term (PT) 20yrs and Premium Payment Term (PPT) 10 yrs
Assumptions: 10 year G Sec rate as 8.5% and 1 year G Sec rate as 6% , Premium rates are calculated with service tax( 1.03 %)and annually.

Age of the Insured (for Major)

18-24 yrs 25-29 yrs 30-34 yrs 35-39 yrs 40-44 yrs 45 yrs 50 yrs

Benefits Payable-Option 1
Payable every year for 10 yrs

Benefits PayableOption 2
Payable at Maturity

Sum Assured Premium Premium Premium Premium Premium Premium Premium

MAP

AAP

GAP=MAP+AAP

Endowment

2,00,000 2,50,000 3,00,000 3,50,000 4,00,000 5,00,000 7,50,000 10,00,000

12105 15132 18158 21185 23403 29253 43880 58001

12136 15170 18204 21238 23463 29329 43994 58153

12210 15264 18316 21369 23613 29516 44274 58527

12358 15447 18537 21626 23908 29885 44827 59264

12611 15764 18916 22069 24413 30516 45775 60527

12681 15852 19022 22192 24554 30693 46039 60881

13366 16708 20049 23391 25924 32405 48609 64306

20000 25000 30000 35000 40000 50000 75000 100000

22800 28500 34200 39900 45600 57000 85500 114000

42800 53500 64200 74900 85600 107000 160500 214000

548492 685615 822738 959861 1096984 1371230 2056844 2742459

Premium table for Policy term (PT) 25yrs and Premium Payment Term (PPT) 15 yrs
Assumptions: 10 year G Sec rate as 8.5% and 1 year G Sec rate as 6% , Premium rates are calculated with service tax( 1.03 %)and annually.

Age of the Proposer

30-34 35-39 40-44 45-49

Benefits Payable-Option 1
Payable every year for 10 yrs MAP AAP GAP=MAP+AAP

Benefits PayableOption 2
Payable at Maturity Endowment

Sum Assured Premium Premium Premium Premium

1,50,000 2,00,000 2,50,000 3,00,000 3,50,000 4,00,000 5,00,000 7,50,000 10,00,000

14379 19171 23964 28757 33550 37333 46666 69999 92321

14435 19246 24058 28869 33681 37482 46853 70279 92695

14560 19414 24267 29121 33974 37818 47272 70908 93534

14773 19697 24621 29545 34469 38383 47979 71969 94948

15000 20000 25000 30000 35000 40000 50000 75000 100000

12300 16400 20500 24600 28700 32800 41000 61500 82000

27300 36400 45500 54600 63700 72800 91000 136500 182000

349856 466474 583093 699712 816330 932949 1166186 1749279 2332372

Premium table for Policy term (PT) 20yrs and Premium Payment Term (PPT) 10 yrs (Policy for Minors aged 8-18 yrs with Waiver of premium option)
Assumptions: 10 year G Sec rate as 8.5% and 1 year G Sec rate as 6% , Premium rates are calculated with service tax( 1.03 %)and annually.

Age of the Proposer

25-29

30-34

35-39

40-44

45-49

Benefits PayableOption 1 Payable every year for 10 yrs MAP AAP GAP=MAP+AAP

Benefits PayableOption 2

Payable at Maturity Endowment

Sum Assured Premium Premium Premium Premium Premium

2,00,000
2,50,000 3,00,000 3,50,000 4,00,000 5,00,000 7,50,000

12348
15435 18522 21609 23888 29859 44790

12396
15496 18595 21694 23985 29981 44971 59456

12493
15617 18740 21864 24179 30223 45335 59941

12663
15829 18995 22161 24518 30647 45972 60790

12881
16102 19322 22543 24954 31193 46790 61881

20000
25000 30000 35000 40000 50000 75000

22800
28500 34200 39900 45600 57000 85500

42800
53500 64200 74900 85600 107000 160500 214000

548492
685615 822738 959861 1096984 1371230 2056844 2742459

10,00,000 59214

100000 114000

Premium table for Policy term (PT) 25yrs and Premium Payment Term (PPT) 15 yrs (Policy for Minors aged 3-18 yrs with Waiver of premium option)
Assumptions: 10 year G Sec rate as 8.5% and 1 year G Sec rate as 6% , Premium rates are calculated with service tax( 1.03 %)and annually.

For internal training purpose only

How does it work ?

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Premium paid increases payout for all the years of the payout period
Flexibility to choose PPT of 5, 10 or 15 years; increase depends upon the interest rates prevailing at that time; the increase applies to each yearly payout

You can choose 5 or 10 years as payout period in which you will receive the Guaranteed Annual Payout

Additional Annual Payout

Is paid over & above Minimum Annual Payout; it is declared each time premium is paid & is paid each year during the payout period

Premium Paying Period

Payout Period

Policy Term

Minimum Annual Payout

Is declared at inception based on Premium Payment Term & Payout Period choice. This amount is paid each year during the payout period

Premium Payment Period

Flexibility to choose PPT of 5, 10 or 15 years; premium can be paid monthly, quarterly, halfyearly or yearly

Flexible Payout Option

Flexibility to opt for annual payouts or allow it to accumulate earning interest which can be withdrawn at maturity or whenever needed

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Payouts
Customers receive Guaranteed Annual Payouts during the Payout Period
Minimum Annual Payout

Guaranteed Annual Payout

Additional Annual Payout

Minimum Annual payout is declared at inception and is guaranteed Additional Annual payouts are linked to rates on Government securities (G-Secs) prevailing at the time of premium payment
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Payouts
The pay outs can be taken as annual benefits for the specific need like education or retirement or you can let it accumulate to be taken as lump sum.
Money back or lump sum as you wish it!

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Additional Annual Payout Rates

Every time as you pay your premium, the amount of AAP payable for each year during the survival benefit term, will be calculated according to the following formula:

Minimum Annual Payout

Applicable rate of additions of AAP

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PPT Term 10-year G-Sec rate less than 3.50% 3.50% to 3.99% 4.00% to 4.49% 4.50% to 4.99% 5.00% to 5.49% 5.50% to 5.99% 6.00% to 6.49% 6.50% to 6.99% 7.00% to 7.49% 7.50% to 7.99% 8.00% to 8.49% 8.50% to 8.99% 9.00% to 9.99% 10.00% to 10.99% 11.00% to 11.99% 12.00% to 12.99% 13.00% to 13.99% 14.00% to 14.99% 15.00% to 15.99%

Additional Annual Payments each full annual premium paid as a % of the MAP 15 10 20 25 Rate of Guaranteed Additions 0.0% 0.0% 1.0% 0.9% 1.6% 1.4% 2.1% 1.9% 2.8% 2.5% 3.4% 3.0% 4.1% 3.7% 4.8% 4.4% 5.6% 5.1% 6.5% 5.9% 7.3% 6.7% 8.2% 7.6% 9.1% 8.3% 10.5% 9.7% 11.9% 11.0% 13.4% 12.3% 14.8% 13.6% 16.2% 15.0% 17.6% 16.3%

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Additional Benefits
High Sum Assured Discount Waiver of Premium Benefit
Person to be insured or proposer are two different individuals Ideal where the person to be insured is a minor Guaranteed annual payout is payable to the proposer In the event of death of the proposer, future premiums are waived and paid; policy continues and future benefits are payable

Customers who opt for sum insured beyond Rs.3,99,999 will get discount on their premium

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Life Cover in Incomesurance

Death benefit during the PPT increases by the Additional Annual Payout (AAP) every time a premium is paid
Death benefit during the survival benefit term decreases by the Guaranteed Annual Payout (GAP) which is paid out

Sum Insured

Premium Payment Term

Survival Benefit Term (Payout Period)

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Attractive life Cover in Incomesurance

For term 20/10 Approx 10 times of annual premium

For term 25/15 Approx 16 times of annual premium

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Once again Incomesurance A versatile plan for any goal

For detailed calculations and features related information refer to the Training PPT
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