presentation on comparison of peak nav guarantee ulip

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Presentation on Comparison of Peak NAV Guarantee ULIP ककक ककक ककककक कक कक Kis Main Kitna Hai Dum

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किस में कितना है दम Kis Main Kitna Hai Dum. Presentation on Comparison of Peak NAV Guarantee ULIP. Illustration Mode Yly; Premium 1 Lac; SA 10 Lac. And the winner is…. How Safe is Investment?. Simple: Only ONE Fund Type. Range of Investment 0-100%: Extremely Flexible . - PowerPoint PPT Presentation

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Page 1: Presentation on Comparison of Peak NAV Guarantee ULIP

Presentation on Comparison of Peak NAV Guarantee ULIP

कि�स में� कि�तना�

है दमेंKis Main Kitna

Hai Dum

Page 2: Presentation on Comparison of Peak NAV Guarantee ULIP

Insurer LIC SBI Life Bajaj Allianz

Reliance Life

HDFC ICICI Pru

ULIP Samridhi Plus

Smart Performer

Max Advantage

NAV Advantage

SL Crest Pinnacle II

Entry Age 8-65 Yrs 9-60 Yrs 8-60 Yrs 7-60 Yrs 14-55 Yrs 8-65 Yrs

Term 10 Yrs 10 Yrs 10 Yrs 15 Yrs 10 Yrs 10 Yrs

PPT Single or 5 Yrs

Single or 5 Yrs

5-7 Yrs Single or 15 Yrs

5 Yrs 5 Yrs

Maturity Age

18-75 Yrs 75 Yrs 18-70 Yrs 22-75 Yrs 19-65 Yrs 75 Yrs

Mode Single, Yly, Hly, Qly, ECS Monthly

Yly, Hly, QLY, ECS Monthly

Yly, Hly, QLY, ECS Monthly

Single,Yly, Hly,

QLY (ECS), Monthly

(ECS)

Annual Annual

Page 3: Presentation on Comparison of Peak NAV Guarantee ULIP

Insurer LIC SBI Life Bajaj Allianz Reliance Life HDFC ICICI Pru

ULIP Samridhi Plus

Smart Performer

Max Advantage

NAV Advantage

SL Crest Pinnacle II

Risk Cover

SP 1.10-5 Times; Annual

7-20 Times

SP 1.25-5 Times; 7-20 Times of Annual Premium

7-10 Times of Annual Premium

SP 1.1-6 Times;

Annual 10-30 Times (Age 7-

11Max 5 Lac)

10-20 Times

7-10 Times of Annual

Premium

Death Cover

SA or Fund Value

SA or Fund Value

(minimum 105% of

Premium)

SA + Fund Value

SA or Fund Value

(minimum 105% of

Premium)

SA or Fund Value

(minimum 105% of

Premium

SA + Fund Value

DAB YES - YES RIDERS - -

Page 4: Presentation on Comparison of Peak NAV Guarantee ULIP

Insurer LIC SBI Life Bajaj Allianz

Reliance Life

HDFC ICICI Pru

ULIP Samridhi Plus

Smart Performer

Max Advantage

NAV Advantag

e

SL Crest Pinnacle II

Premium SP 30000; Yly 15000 Hly 8000 Qly 4000ECS 1500

SP 60000Yly 50000 Hly 44000 Qly 36000 ECS 20000

Annual 25000

SP 50000;Yly 20000Hly 10000Qly 5000Mly 2000

50000 PA 50000 PA

Fund Type One – Samridhi Plus Fund

Two -Guarantee

on One

Five - Guarantee

on One

One Two - Guarantee on One

One

NAV Guarantee

100 Months,

Term End Peak NAV

7 Yrs – 5% Higher

than Peak NAV

Full Full 7 Yrs – Peak NAV

or 15

7 Yrs or Term Ends

Page 5: Presentation on Comparison of Peak NAV Guarantee ULIP

Insurer LIC SBI Life Bajaj Allianz

Reliance Life HDFC ICICI Pru

ULIP Samridhi Plus

Smart Performer

Max Advantage

NAV Advantage

SL Crest Pinnacle II

Allocation Charges[1st Year]

6% 8.5% 10% 7% 4% 6%

Allocation Charges[Later]

4.50% for PPT

6% for PPT

3.75% (2-5)0%

6% (2-4)5.5% (5-10)5% (11 on)

4% (2)3% (3)

2% (4-5)

5% (2)3% (3-5)

Allocation Charges

[SP]

3.3% 3% NA 2% NA NA

Top Up NA NA 2% 2% NA NA

Page 6: Presentation on Comparison of Peak NAV Guarantee ULIP

Insurer LIC SBI Life Bajaj Allianz

Reliance Life

HDFC ICICI Pru

ULIP Samridhi Plus

Smart Performer

Max Advantage

NAV Advantage

SL Crest

Pinnacle II

Partial Withdraw

5 Yrs 5 Yrs 3 Yrs 5 Yrs 5 Yrs 5 Yrs

Surrender 5 Yrs 5 Yrs 5 Yrs 5 Yrs 5 Yrs 5 Yrs

Surrender Charges

NIL NIL NIL NIL NIL NIL

Discontinuation Charges

Yes Yes Yes Yes Yes Yes

Page 7: Presentation on Comparison of Peak NAV Guarantee ULIP

Insurer LIC SBI Life Bajaj Allianz

Reliance Life

HDFC ICICI Pru

ULIP Samridhi Plus

Smart Performer

Max Advantage

NAV Advantage

SL Crest Pinnacle II

Policy Admn Charge

1st Yr 30 PM;

there-after

Escalation @ 3%

SP Flat 50 PM; AP

Flat 60 PM

1ST Yr NIL3% PA of Annual

Premium from 2nd Yr

on

40 PM (thru) for

SP; No Charges for AP.

0.31% of Annual

Premium PM;

Escalation 5% PA; Max 500

PM

0.25% of Annual Premium PM

for 5 Yrs; 0.1% 6th

Yr on

FMC 0.90% 1.00% 1.25% 1.35% 1.35% 1.35%

Guarantee Charge

0.40% 0.50% 0.25% 0.25% 0.50% 0.10%

Page 8: Presentation on Comparison of Peak NAV Guarantee ULIP

Insurer LIC SBI Life Bajaj Allianz Reliance Life HDFC ICICI Pru

ULIP Samridhi Plus

Smart Performer

Max Advantage

NAV Advantage

SL Crest Pinnacle II

1st Yr Alctn Charge 6000 8500 10000 7000 4000 6000

Policy Admn Charges 360 720 0 0 3720 3000

Total 1st Year 6360 9220 10000 7000 7720 9000

2nd Yr Alctn Charge 4500 6000 3750 6000 4000 5000

Total 2nd Year 4878 6720 6750 6000 7906 8000

3rd Yr Alctn Charge 4500 6000 3750 6000 3000 3000

Total 3rd Year 4897 6720 6750 6000 7101 6000

4th Yr Alctn Charge 4500 6000 3750 6000 2000 3000

Total 4th Year 4917 6720 6750 6000 6306 6000

5th Yr Alctn Charge 4500 6000 3750 5500 2000 3000

Total 5th Year 4938 6720 6750 5500 6522 6000

TOTAL IN 5 YRS 25990 36100 37000 30500 35555 35000Total 5 Yr Premium 500000 500000 500000 500000 500000 500000

Allocated 474010 463900 463000 469500 464445 465000

Illustration Mode Yly; Premium 1 Lac; SA 10 Lac

Page 9: Presentation on Comparison of Peak NAV Guarantee ULIP

Insurer LIC SBI Life Bajaj Allianz ICICI Pru Reliance HDFC

ULIP Samridhi Plus

Smart Performer

Max Advantage

Pinnacle II NAV Advantage

SL Crest

Sample Mortality Charges[rate per thousand

at the age]

8 0.50

ChargesAre

Based on SAR

Formula

2.48 1.48

10 0.48 2.48 0.77 1.50

18 1.15 2.48 2.13

25 1.25 2.70 2.37

30 1.46 2.74 1.46 2.40 1.46

35 1.73 3.03 2.72

40 2.57 3.82 2.48 3.58 2.57

45 3.89 5.05 4.93

50 6.56 7.53 5.91 7.64

55 10.76 11.37 11.83

60 16.34 16.56 14.21 17.48

65 27.02 25.84 27.60

70 45.37 43.75 46.15

Page 10: Presentation on Comparison of Peak NAV Guarantee ULIP

And the winner

is…

Page 11: Presentation on Comparison of Peak NAV Guarantee ULIP

• Simple: Only ONE Fund Type.• Range of Investment 0-100%: Extremely

Flexible.• Virtual Auto Switching – Useful in

Avoiding Fall or Booking Profit.• Even, if the all above do not impress, the

highest NAV over the first 100 Months of the policy or the NAV as at the end of the term, whichever is higher, is payable.

How Safe is Investment?

Page 12: Presentation on Comparison of Peak NAV Guarantee ULIP

Safe Bet – More than Capital Guarantee(Investment INR 1 Lac)

Fund Type Govt. Securities

Short-term money market

instruments

Listed Equity Shares

Samridhi Plus Fund

0% to

100%

0% to

100%

0% to

100%

Fund Spread

60-70%[Rate of Return 8% PA]

INR 70000

30-40%

INR 30000

10 Years 151124 120000TOTAL 251124 [IRR 10.49%]

Page 13: Presentation on Comparison of Peak NAV Guarantee ULIP

Return ProjectionULIP

[Similar Time Horizon or Investment Pattern]

Launch Date[Period Elapsed]

Fund Type Current NAV

(16.02.11)

Bima Plus 2.02.01[10 Y]

Risk 58.74Balanced 41.12

Child Fortune Plus 1.11.08[2 Y 3 M]

Risk 15.23Secure 15.58

Wealth Plus 9.02.2010[1 Yr]

Wealth Plus 11.05[5.11.2010]

Wealth Plus is a Peak NAV Guarantee ULIPInvestments in ULIP are subject to Market Risks

Page 14: Presentation on Comparison of Peak NAV Guarantee ULIP

INVEST TODAY!

Compilation: Kulbhushan Sharma, Manager MASH, DO Patna

A.PADHMANABHANPersonal Finance ConsultantCell: 9710433956