BSLI Money Back Plus Plan - Birla Sun Life Insurance

THE POWER OF GROWTH AND LIQUIDITY WITH ASSURANCE
Your family comes first for you and so does their future. Your dreams for your family
require strong financial planning. Your savings today may not be enough to power
those dreams of tomorrow. Have you consider the risks associated with:
• Increasing costs of living: At an average inflation rate of 8% in twenty years, a
litre of milk will cost Rs. 100, an overnight train journey will cost Rs. 800, a meal
for two at your local restaurant will cost Rs. 1200 and a medical check up may
cost Rs. 5000.
• Starting late with your savings plan: The difference between starting now and
starting 5 years later could be as high as 60% more per year. This is assuming
planning for 20 years vis-à-vis 15 years at an interest rate assumption of 6%.
• Not financially securing your plan early: With urban nuclear families replacing
joint families, the social security network requires stronger financial support to
cover for uncertainties of life to ensure that your family continues to live your dreams
even without you.
• Not being able to access your own funds: Many savings instruments lock in
your savings for a long period of time, making it difficult for you to access your own
monies. So while you may have a strong future plan, you might not be able to
access your funds, if and when required.