Birla Sun Life Insurance-Wealth Max Plan

There are Guaranteed Additions are received -

• From the 6th to the 10th policy anniversary there is a Guaranteed Addition of 0.250% of the average Fund Value in the last 12 months.
• And from the 11th policy anniversary there is a Guaranteed Addition of 0.6% of the average Fund Value in the last 12 months.

There are 4 riders available in this policy

• BSLI Accidental Death and Disability Rider
• BSLI Critical Illness Rider
• BSLI Surgical Care Rider
• BSLI Hospital Care Rider

In case of death of the Life Insured, the nominee would get Sum Assured or Fund Value, whichever is higher as Death Benefit.

On maturity, the Fund Value is paid to the policyholder on maturity.

Life Insurance premiums paid up to Rs. 1,50,000 are allowed as a deduction from the taxable income each year under section 80C

The plan has 13 investment fund options:

• Liquid Plus
• Income Advantage Fund
• Assure Fund
• Protector Fund
• Builder Fund
• Enhancer Fund
• Creator Fund
• Magnifier Fund
• Maximiser Fund
• Multiplier Fund
• Super 20 Fund
• Pure Equity fund
• Value Fund
• Momentum Fund

Top Up premiums are not allowed under this plan

Unlimited Switches are allowed in this plan but with a minimum charge. The minimum Switching amount is Rs 5,000.

You are allowed to make partial withdrawals in this policy after 5 complete policy years or the life assured is 18 years old, whichever is later. The minimum amount of partial withdrawal should be Rs. 5,000 such that Rs 25,000 should be maintained as Fund Value after Partial Withdrawal.

This charge is deducted from the Premium Paid by you