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Birla Sun Life Insurance Guaranteed Bachat Plan
When you plan for the future, you would like to be sure that your plans will not fall through due to financial market uncertainties or other factors that are out of your control.

BSLI's Guaranteed Bachat Plan is a regular savings plan which offers you a guaranteed amount on maturity, and more. This plan assures protection for you and your family as well.

Our Guaranteed Bachat Plan is a means to a comfortable and secure future.
Guaranteed future returns and more
Watch your savings grow with freedom to access it
Guaranteeing a tension free life
More Benefits
Plan Summary
Disclaimer
 
Guaranteed future returns and more
 
BSLI's Guaranteed Bachat Plan offers you a Guaranteed Maturity Benefit which is the sum of all the base premiums that you pay. You receive guaranteed returns on maturity along with the growth in your savings. The Guaranteed Maturity Benefit is based on your current age and policy term. So the younger you are, and the longer you remain with the policy, the greater your returns will be.
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Watch your savings grow with freedom to access it
 
You enjoy an additional survival benefit which is added to your savings at the end of every policy year, from 3rd year onwards. This adds up to form your accumulated survival benefits. Not only do your savings grow, they provide you with the freedom to withdraw cash or offset future premiums. The accumulated survival benefit is payable on maturity, surrender or death.

The minimum amount for cash withdrawals is Rs. 2,500, and future premiums can be offset subject to your accumulated survival benefits being higher than your annual premium.
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Guaranteeing a tension free life
 
BSLI Guaranteed Bachat Plan provides protection for your family assuring you a tension free life. We award you an increase in your existing cover at every policy anniversary, by an amount equaling your annual base premium. The minimum life cover would be five times the annual base premium.
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More Benefits
 
  • The Early Exit Option: An option to exit early is available, if you require it. This reduces your Guaranteed Maturity Benefit and returns the same along with your accumulated survival benefit.

  • The Surrender Benefit: If at any time you wish to surrender your policy, your policy will acquire a surrender benefit, as long as you have paid your premiums for 3 full years. If you surrender your policy before 10 policy years are complete, you will still receive an amount equal to the base premiums paid, multiplied by a percentage, along with your accumulated survival benefits.

  • Availability of Loans: Obtain a loan against your policy once you have paid your premiums for 3 full years. The minimum loan granted would be Rs. 5,000 and the maximum - upto 90% of the surrender benefit. An interest rate as declared by us from time to time would be charged on the outstanding loan.
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Plan Summary
 
Entry Age 30 days to 60 years
Policy Term Minimum: 10 years
Maximum: 70 years - entry age (Subject to a maximum of 40 years)
Premiums Minimum: Rs. 3,600 per annum
Maximum: Rs. 8,400 per annum
You can choose your annual base premiums only in multiples of Rs. 1,200
Premium Paying Frequency Annually, half yearly, quarterly or monthly, as per your convenience
Tax Benefit Under Section 80C and 10(10D)
Premium and Survival Benefit Bands Explained below


Survival Benefit Annual Base Band Survival Benefit Premium Range
Band 1 Rs. 3,600 - Rs. 4,800 Base Survival Benefit
Band 2 Rs. 6,000 - Rs. 8,400 15% extra over Survival Benefit
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Disclaimer
 
This policy is underwritten by Birla Sun Life Insurance Company Limited (BSLI). This is a non-participating traditional insurance plan. All terms & conditions are guaranteed throughout the policy term except for the Survival Benefit which will vary based on the prevailing yield on 10-year Government of India Securities. BSLI reserves the right to recover levies such as the Service Tax and Education Cess levied by the authorities on insurance transactions. If there be any additional levies, they too will be recovered from you. This brochure contains only the salient features of the plan. For further details, please refer to the policy contract. Tax benefits are subject to changes in the tax laws. Insurance is the subject matter of the solicitation.
 

UIN No. - 109N042V01
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