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BSLI Rainbow Plan
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BSLI Rainbow
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| As an informed investor you have always looked for avenues that gives you guarantee on your investments. And in an increasingly dynamic environment you also need the assurance of a steady return over the long term. Presenting, the BSLI Rainbow, an insurance plan that gives you a guaranteed return on maturity that is tax free and the financial security of a life cover. |
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| How Does the BSLI Rainbow work |
- You choose the single premium amount you want to invest
- You choose the policy term from options of 5 years and 10 years Your Benefits
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| Your Benefits |
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- Maturity Benefit: You will receive a guaranteed amount on maturity. Your maturity benefit is equal to
- Maturity Sum Assured; plus
- All Guaranteed Monthly Additions earned to date; plus
- Guaranteed Final Addition
Please ask you financial advisor for the Maturity Amount applicable to you
- Death Benefit: In the unfortunate event of death of the life insured, the nominee shall receive the Basic Sum Assured. The Basic Sum Assured is 5 times the single premium amount
- Surrender Benefit: In case of emergency fund requirements, you can surrender your policy anytime after 1st policy year and receive
- 90% of the Maturity Sum Assured; plus
- Guaranteed Monthly Additions earned to date
- Policy Loans: You can also avail loans on your policy.
- Tax Benefits: You will also be eligible for tax benefits as per the extant laws.
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| Earn Guaranteed Monthly Additions and a Guaranteed Final Addition |
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| Guaranteed Monthly Additions |
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| At the end of every month you will earn Guaranteed Monthly Addition. Your Guaranteed Monthly Addition is calculated as: |
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| Guaranteed Monthly Addition Rate x Maturity Sum Assured/1000 |
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| Please ask your financial advisor for the Guaranteed Monthly Addition Rates applicable to you. |
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| For BSLI Rainbow Plan the Guaranteed Monthly Addition Rate w.e.f. December 27, 2011 till notified are: |
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| Premium Band |
5-year Policy Term (Current Rate) |
10-year Policy Term (Current Rate) |
| Band 1 |
6.35 |
7.90 |
| Band 2 |
6.90 |
8.45 |
| Band 3 |
7.15 |
8.70 |
| Band 4 |
7.25 |
8.80 |
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| View Historical Data |
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| Guaranteed Final Addition |
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| We reward you for your loyalty with a Guaranteed Final Addition on maturity. |
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| Policy Term |
Guaranteed Final Addition |
| 5 years |
6 Guaranteed Monthly Additions |
| 10 years |
12 Guaranteed Monthly Additions |
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| Illustration of Benefits |
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| Entry Age |
: 30 years |
| Policy Term |
: 10 years |
| Single Premium |
: Rs. 1,00,000 |
| Basic Sum Assured |
: Rs. 5,00,000 |
| Maturity Sum Assured |
: Rs. 92,630 |
| Guaranteed Monthly Addition |
: Rs. 685 |
| Guaranteed Final Addition< |
: Rs. 8,226 |
| Maturity Benefit |
: Rs. 1,83,111 |
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| The above are illu strative value for healthy male, assuming Guaranteed Monthly Addition Rate of 7.40 per 1000 Maturity Sum Assured |
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| As of January 24, 2011, the Guaranteed Monthly Addition Rates applicable to new policies are: |
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Single Premium
(in Rs.) |
50,000 to 99,999 |
100,000 to 249,999 |
250,000 to 499,999 |
500,000 and above |
| Policy Term of 5 Years |
5.85 |
6.4 |
6.65 |
6.75 |
| Policy Term of 10 Years |
7.55 |
8.1 |
8.35 |
8.45 |
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| Plan Summary |
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| Entry Age |
8 – 60 years, subject to minimum attained age of 18 at maturity |
| Policy Term |
5 or 10 years |
| Pay Term |
Single pay |
| Single Premium |
Minimum Rs. 50,000 |
| Basic Sum Assured |
5 times Single Premium |
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| Disclaimers |
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Insurance is the subject matter of the solicitation. Tax benefits are subject to changes in tax laws. All terms & conditions are guaranteed throughout the policy term. For more details refer to product brochure.
Reg No. 109 Unique No.: 109N063V01 ADV/11/10-11/4293
Version No.: VER 1 / Nov / 2010
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| Access your account details by Login as |
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Policy Owner /
Group Owner /
Group Member
Insurance Advisor /
Channel Partner /
Corporate Agent /
Business Mentor /
Broker /
TDP Relationship Manager
Agency Manager /
Business Dev Manager /
Business Partner
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| Customer Support |
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| Toll Free |
1-800-270-7000 |
| SMS |
BSLI to 56161 |
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