BSLI Guaranteed Bachat Plan - Citibank India

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 years policy needs 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 the 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 have been paid.
There is a detailed illustration on the last page of the brochure which you may
refer for ease of understanding.