Launch of Birla Sunlife Platinum Plus IV

'Highest NAV in 7 years…Guaranteed'

Applications to participate in Platinum Plus Fund IV will be accepted until 15 December, 2009.

 

We are pleased to inform you that Birla Sunlife Insurance Company has relaunched the "Birla Platinum Plus IV" .The product details of the new product"Birla Sunlife Platinum Plus IV" are similar to the product"Platinum plus III" which offers both Wealth & Protection by Highest NAV Guarantee and 100% liquidity after 3 years.So, in order to refresh you with the product,the details of the product are being mentioned below:

    

This product protects not only your NAV but its growth too. So participate in equity markets with highest NAV of 7 years as guaranteed on maturity coupled with a Limited Premium Paying Term of 3 years!!!

 

Objective:

To optimize the participation in actively managed well diversified equity portfolio of fundamentally strong Blue Chip Companies while using Debt instruments & Derivatives to lock-in capital appreciation.

 

Key Features:

Ø      Limited Premium Paying Term of 3 yrs.

Ø     Advantage Partial Withdrawals after 3 Policy years to curb liquidity crunch without any charge.

Ø      Full liquidity after 3 Policy years i.e 100% Fund Value.

Ø      Best of Class Investment in Platinum Plus IV Fund.

 

Boundary Conditions:

 

Policy Term	10 years
Min/Max Age at Entry	18 – 70 yrs
Max Age at Maturity	80 years
Minimum SA	5* Annual Premium
Minimum Annual  Premium	Rs 50,000 for Annual Mode,  Rs 25,000 for Half – Yearly Mode,  Rs 15,000 for Quarterly Mode,  Rs 10,000 for Monthly Mode.
Fund Options	100% in Platinum Plus Fund IV
Premium Payment Terms	3 yrs with Annual/Semi-annual/Quarterly/Monthly Mode
Tax Benefits	Avail Benefits under Sec 80C and Sec 10(10D)

 

Maturity Benefits:

On maturity the Life insured will receive the Higher of:-

Policy Fund Value OR {Highest NAV of 7 yrs X No of Units at Maturity}.

 

Death Benefit:

In the event of death the nominee will receive: Higher of Fund Value or Sum Assured.

 

Product Pitches:

 

1.     A perfect solution for Fixed Income Investors :-

Give your Fixed Income Investors the cushion of Guarantee coupled with Equity Return.

 

2.      Get Best of both Worlds – Highest NAV in 7 years guaranteed at Maturity boosting both Wealth & Protection.

 

3.      Get the Best out of Life Guaranteed' – Platinum Plus IV lets you participate in Equity market with protection against downside risk through Guaranteed Maturity Unit Price (GMUP) and  Risk cover to suit your needs, its not get all this with a limited PPT.

 

 

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