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ICICI Smart Kid Max New York HDFC Unit

Regular Aviva new Young SBI Life Unit Plus Smart Step Linked Young
 Product Name Met Life Met Magic Premium Scholar Child Plan Plan Star II

 Max New York  HDFC

 Company Name  Met Life Insurance  ICIC Prudential  Aviva Life Insurance  SBI Life Insurance Life Insurance Standard Life
 Information
 Maximum Premium  Rs. 1,00,000 p.a  No Limit  No Limit  No Limit not available  No Limit
 Minimum Term  10 Years  10 Years  10 Years  8 Years  10 Years  10 Years
 Maximum Term  25 Years  25 Years  25 Years  25 Years  25 Years  25 Years

 For Policy Term 8-

10 Years : 5 times
the annual premium
 Annual Premium For Policy Term 11-  Annual  5 times your
* Term/2 subject  5 x Annual premium to 25 Years : Premium * chosen annual
 Minimum Sum  5 times the annualized to a minimum of 1.5 x Policy term x Term/2*Annual Policy Term * regular
Assured premium Rs, 1,00,000 Annual premium Premium 0.5 premium

 For Age 18-40 Years

: 25*Annual  40 times your
Premium, For Age  Annual chosen annual
 Maximum Sum  Information not 51-57 Years : Premium * regular
Assured  No Limit  No Limit available 15*Annual Premium Policy Term premium
 Minimum age at
entry of the parent  18 Years  20 Years  18 Years  18 Years  21 Years  18 Years
 Maximum age at
entry of the Parent  55 Years  60 Years  50 Years  57 Years  50 Years  65 Years
 Minimum age at  Information is not
entry of the child available  0 Years  0 Years  0 Years  91 Days  Not Applicable
 Maximum age at  Information is not  Information is
entry of the child available  15 Years  17 Years  15 Years  15 Years not available

 Minimum age at
maturity of the  Information is not  Information not  Information not  Information not  Information  Information is
parent available available available available not available not available

 Maximum age at
maturity of the
parent  70 Years  75 Years  70 Years  65 Years  60 years  75 Years

 Minimum age at  Information is not  Information not  Information  Information is

maturity of the Child available  19 Years available  18 Years not available not available

 Maximum age at  Information is not  Information not  Information  Information is

maturity of the child available  25 Years available  25 Years not available not available

 3 Benefit - Sum
Assured in a lump
Sum, Company will
pay your regular
premium on your
behalf on your
 Death Benefit  Sum Assured  Sum Assured  Sum Assured absence  Sum Assured  Sum Assured
 Maturity Benefit  Fund Value  Fund Value  Fund Value  Fund Value  Fund Value  Fund Value

 Minimum Premium  Information is not  Information

Payment term available  10 Years  3 Years  3 Years not available  10 Years

 Maximum Premium  Information is not

payment term available  75 Years  5 Years  18 Years  25 Years  25 Years
  Can be  Yes, you can
 You can surrender  Can be Surrendered surrender your
your policy after Surrendered After  You can surrender your  Can be Surrendered After policy after
completion of 3 policy Completion of 3 policy after completion After Completion of Completion of 3 complition of 3
 Surrender year Policy Years of 3 policy year 3 Policy Years Policy Years Policy years

 Liquid Fund II,

Stable
Managed Fund
II, Secure
Managed Fund
II, Defensive
 Secured Fund, Managed Fund
 R.I.C.H II, Flexi  Bond Fund ll, protector Conservative II, Balanced
Growth II, Fund -ll, Balanced Fund-  Equity Optimiser Fund, Balanced Managed Fund
 Multiplier Fund, Virtue Multiplier II, Flexi ll, Growth Fund -ll, Fund, Equity Fund, Fund, Growth II, Equity
Fund, Balancer Fund, Balanced II, Enhancer Fund -ll,PSU Bond Fund, Growth Fund and Managed Fund
Protector Fund, Protector II and Fund, Infrastructure Fund and Balanced Growth Super II, Growth Fund
 Fund Options Preserver Fund Preserver Fund,Index Fund- ll, Fund Fund II,
 Information not
 Life Assured  Parents  Parents available  Parents  Parents  Child
 Information not  Information not  Information not  Information
 Proposer  Parents available available available not available  Parents
 Nominee  Child  Child  Child  Child  Child  Child
  Partial
 You may make upto 4 Withdrawal
partial withdrawals in a  Can be done can be done
 Can be done only after policy year, with the  Can be done after after after
completion of 3 policy  Information not minimum withdrawal completion of 3 completion of 3 complition of 5
 Partial Withdrawals years available amount being Rs. 5,000 Policy Years Policy Years Policy Years

 6th Year onwards till

maturity for the policy
term of 10 years the
loyality addition will be
12.4%, 15 years policy
term the loyality
addition will be 7.4%,
20 years term the
loyality addition will be
6%, 25 years policy
 Loyalty additions and term the loyality  Information not  Information not  Information  Information is
bonus addition will be 4.5%. available  Available available not available not available

 The total Top-Up

Premium at any time
should not exceed 25%
of all the regular  Minimum Rs 1,000;
premium paid till that maximum upto 25% of  Can be done After  Minimum Top
time. Minimum Top-Up  Information not total regular premiums Completion of 3  Minimum Top Up amount is
 Top Up option Premium is Rs. 1,000. available paid Policy Year Up will be 5000 Rs. 10,000

 From 3rd Year

Onwards efftive on
 Increase/Decrease of  Information is not  Information not  Information not next Policy  Information  Information is
Sum Assured available available available Anniversary not available not available
  Depending on your
Financial Capability
 Increase/ Decrease  Information is not  Information not  Information not can be increase or  Information  Information is
of Premium available available available decrease not available not available

 Income Benefit  Accidental Death

Rider, Accidental Benefit (ADB) Rider  Accidental Death
Death and Income Benefit (IB) and Permanent
Disability Benefit Rider Comprehensive Disability Rider,
 Information is not Rider and Waiver Health Benefit (CHB) Dhanvantri Supreme  Information  Information is
 Riders available of Premium Rider Rider (Critical Illness Rider) not available not available

 12 free switches are  Can be done  Can be done

free of charge. The  Can be done after  Can be done after after after
minimum amount of completion of 3  4 Switch s are free in a completion of 3 completion of 3 completion of
 Switching switch is Rs. 5000/-. Policy Years policy year Policy Years Policy Years 3 Policy Years

 Tax Benefits are

subject to any charges
made in the tax laws in
future. Please consult
your tax advisor for
advice on the
availabilty of tax
benefits for the
premiums paid and  The laws are as per the
proceeds (if any)  Tax Benefit is prevailing tax laws. Tax  Tax Benefit is
received under the under section laws are subject to  Tax Benefit is under under section  Information is
 Tax Benefit policy. 80C, 10(10D) change. section 80C, 10(10D) 80C, 10(10D) not available
  For 12,000 to
1,99,999 the
 Coverage Term 10 charges will be
years - 1st and 2nd 35%, For
policy year the charges 2,00,000 to
will be 31%, 3rd policy 4,99,999 the
year onwards the charges will be
charges will be 0%, 28%, For
Coverage Term 15 5,00,000 to
Years - 1st and 2nd 9,99,999 the
Policy year the charges  For premium of Rs. charges will be
will be 37%, 3rd policy  If the premium 2,00,000 in 1st policy 21%, For
year onwards the amount is 12,000 year premium 10,00,000 to
charges will be 0%, to 19.999 for that allocation charges will 19,99,999 the
Coverage Term 20 & 25 charge is 1st Year be 25%,and 2nd year charges will be
years - 1st and 2nd it is 20%, 2nd - 5th charges will be  Upto 5,00,000 in 1st 15%, For
policy year the charges Year it is 5%, 6th - 10.0%,3rd year charges Year it is 18%, 2-3 20,00,000 and
will be 45%, 3rd policy 10th Year it si 2%, will be 5%,4th year and Year it is 5%, 4-7 above the
 Premium Allocation year onwards the 11th year afetr that charges will year it is 2%, 8th charges will be
charges charges will be 0%. Onwards it is 1% be 1%, Year Owards it is 1%,  30% 9%
  In the long
term, the key
to building
great maturity
value is a low
FMC. The daily
unit price
 R.I.C.H. II Flexi  Growth Fund - already
Growth II, 1.35%, Growth includes our
 Protector Fund - 1.25% Multiplier II it is  Equity Fund 1.5%, Fund - 1.25%, low fund
p.a, Preserver Fund - 1.50% p.a., Flexi Equity Optimiser Balanced Fund - managment
1.25% p.a, Balancer Balanced II, Fund - 1.5%, Bond 1.10%, charge of only
Fund - 1.50% p.a, virtue Balanced II it is Fund - 1%, Growth Conservative 1.25% per
Fund - 1.75% p.a, 1.00% p.a., Fund - 1.35%, Fund and annum charged
 Fund Management Multiplier Fund - 1.75% Protector II, Balanced Fund - Secure Fund - daily, of the
Charges p.a. Preserver 0.75%,  1.35%, 1.25% 0.90% fund's value.

 1st year annual  Rs. 60 per

 Policy Administration premium subject to a  Rs. 600 per month will be
Charges  Rs. 60 Per Month maximum of Rs.1,000  Rs. 60 Per Month annum charged
  First 12 switches
between the Unit-
Linked Funds in a policy
year will be free of any
charge. each further
switch between the
funds in a policy year
would be charged at
Rs. 250. The switching  24 Switches
charges will be  4 Switches in a  6 Switches in a will be given
deducted from the year are free of  4 Switches in a year year are free of free in a policy
amount switched and cost, any switch in are free of cost, any cost, for year and any
the balance amount excess of the free switch in excess of additional additional
will be used to buy switches will the free switches switches Rs. switch will be
units in the new Unit- attract a charge will attract a charge 500 per charged Rs.
 Switching Charges Linked Fund. Rs. 100/-  Rs. 500 per switch Rs. 100/- switches 100 per switch
  Sample monthly
Mortality Charge per
1000 sum at risk: Male
- for 20 years term the
charges will be
0.152417, 30 years
term the charges will
be 0.175583, 40 years
term the charges will
be 0.313583, Female -
20 years term the
charges will be  It is deducted on
0.141000, 30 years the first buisness  Every month
term the charges will day of each policy  Mortality we make
be 0.175167, 40 years  It depends on the  Mortality charges month from fund charges depand charge for
term the charges will age of male and depand upon Age and value by way of upon Age and providing you
 Mortality Charges be 0.261500. female Gender cancellation of units Gender with the death
  Less Than 1 premium
paid for 3 policy year
charges will be 90%,2nd
year charges will be
20%,3rd year charges
will be 10%, 4th year
charges will be 10% and
4th and 5th year
 if less than 1 year's charges will be Nil, For
premum is paid the 5th policy year for 1sr
charges will be 100%, if premium surender
exactly one year's charges will be 90%,2nd
premium is paid the year charges will be
charges will be 90%, if 20%, 3rd year charges
more than 1 year but will be 10%, 4th year
up to 2 year's premium charges will be 5%, 5th  4th policy year
is paid the charges will year charges will be it is 95% of the
be 50%, if more than 2 2%,For 10th year and fund value, 3rd
year but upto 3 year's above surrender policy year it is
premium is paid the charges on 1st 35% of the
charges will be 25%, if premium will be 90%, fund value, 2nd
more than 3 year but 2nd year charges will  2nd Year it is 2.5%, policy year it is
upto 4 year's premium 75%, 3rd year charges 3rd Year it is 15%, 15% of the
is paid the charges will will be 50%, 4th year 4th Year it is 4%, 5th fund value, 1st
be 10%, if more than 4 charges will be 25%, 5th year it is 2%, 6th  From 10th year year it is 5% of
year's premium is paid  Information not year charges will be Year Onwards it is onwards no the fund value.
 Surrender Charges the charges will be Nil. available 10% Nil charges 0 - Nil
  The first four partial  2nd policy
withdrawals from the year it is 30%
Unit - Linked Funds in a of original
policy year will be free  6 withdrawal in annual regular
of any charge. Each a year are free premium, 1st
further Partial  4 Partial of cost for year it is 15%
Withdrawal from the Withdrawals in a additional of original
funds in a policy year Year are free of cost, withdrawal Rs. annual regular
 Partial Withdrawal would be charged at  Information not  Information not for additional will be 1000 per premium, 0 -
Charges Rs. 250 available available charged Rs. 100/- withdrawal Nil