BSLI Money Back Plus Plan - Birla Sun Life Insurance

your Guaranteed Maturity Benefit minus Early Maturity Adjustment PLUS your
accumulated survival benefits.
This early maturity adjustment is equal to 1.2% for each year by which you want to
advance the maturity. There will be no deduction for early maturity after you have
completed 20 policy years.
You cannot prepone your policy's maturity if your policy hasn't completed ten years.
Example: If a 25-year policy is needed to be preponed to 15 years. Your guaranteed
maturity amount will correspond to 15 years (not 25 years).
The early maturity adjustment of 1.2% will be applied on 5 years only as after 20 years
there is no such deduction made i.e. 1.2 % (20-15 years). This amounts to a deduction
of 6% from your guaranteed maturity amount.
Thus, you stand to receive 94% of Guaranteed Maturity Benefit corresponding to
15 years.
• Surrender Benefits
In the unfortunate situation that you have to surrender your policy before completion
of 10 policy years, you will receive all base premiums paid by you multiplied by
a percentage as indicated below PLUS accumulated survival benefits
Policy Year of Surrender
1-2 3 4 5 6 7 8 9 10
0% 25% 30% 35% 45% 55% 65% 75% 85%
Policy will acquire a surrender benefit only if premiums for full 3 years are paid.
There is a detailed illustration on the last page of the brochure which you may refer
for ease of understanding.