www.insurance.birlasunlife.

com

Regd. Office: Birla Sun Life Insurance Company Limited, One Indiabulls Centre, Tower 1, 16th Floor, Jupiter Mill Compound,
841 Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013. Registration No. 109. Unique No. 109N079V02
ADV/10/16-17/10051 VER4/OCT/2016

Birla Sun Life Insurance

Vision LifeIncome Plan

A traditional participating whole life insurance plan

The BSLI Vision LifeIncome Plan offers:

Income for life 5% of the Sum Assured guaranteed plus bonus every year after the
Premium Paying Term

Safety for your loved ones Comprehensive financial protection for your family with whole
life cover till age 100.

Eligibility Criterion
Entry Age (age last birthday)

1 - 60 years

Policy Term

Whole Life to Age 100

Premium Paying Term

15 to 40 years

Minimum

Attained Age at end of Premium Paying Term is 18 or more

Maximum

Attained Age at end of Premium Paying Term is 75 or less

Minimum Sum Assured

`200,000

Minimum Premium

`18,000

Premium Frequency

Annual, Semi-annual, Quarterly, Monthly

At inception, you need to choose the Sum Assured which represents the life cover during the
entire policy term.
Your premium will depend on the amount of the Sum Assured you select. For easy reference,
your Sum Assured is banded as follows:
Sum Assured Band
As a responsible individual, you try and plan for all the important life stages and milestones in

Sum Assured (`)

Band 1

Band 2

Band 3

200,000 to 399,999

400,000 to 799,999

800,000+

your life. through all this, we wish we could have an extra stream of income that manages to
fund these glorious moments of one's life. Well, all this possible with a little planning. We will

Bonuses BSLI will declare simple reversionary bonuses regularly at the end of each financial

help you to plan better to achieve your financial goals and realise your dreams with

year and those will be accrued in the policy on its policy anniversary, surrender or on death.

BSLI Vision LifeIncome Plan.

Bonuses once attached to the policy are payable along with the interim bonuses, as applicable
on death, surrender or survival. In case of surrender, the surrender value of the attached

BSLI Vision LifeIncome Plan is a traditional participating whole life plan. With survival benefits

bonuses will be payable. The regular bonus rate declared by BSLI may vary from year to year

payable every year from the end of the premium paying term till maturity and life insurance

and will depend on the actual experience regarding various factors and the prevailing economic

benefit, this plan offers a perfect blend of income and financial protection for your family.

conditions. Future bonuses are however not guaranteed and will depend upon the future profits
of the participating business.

PLAN AT A GLANCE
BSLI Vision LifeIncome Plan is suitable for you, if your key objective is secured savings, earning

Terminal bonus BSLI may also pay a terminal bonus at the company's discretion on death, or
maturity, based on the actual experience and the prevailing economic conditions.

a steady income till age 100 and providing your family with comprehensive financial protection.

PAGE 2

PAGE 3

The BSLI Vision LifeIncome Plan offers:

Income for life 5% of the Sum Assured guaranteed plus bonus every year after the
Premium Paying Term

Safety for your loved ones Comprehensive financial protection for your family with whole
life cover till age 100.

Eligibility Criterion
Entry Age (age last birthday)

1 - 60 years

Policy Term

Whole Life to Age 100

Premium Paying Term

15 to 40 years

Minimum

Attained Age at end of Premium Paying Term is 18 or more

Maximum

Attained Age at end of Premium Paying Term is 75 or less

Minimum Sum Assured

`200,000

Minimum Premium

`18,000

Premium Frequency

Annual, Semi-annual, Quarterly, Monthly

At inception, you need to choose the Sum Assured which represents the life cover during the
entire policy term.
Your premium will depend on the amount of the Sum Assured you select. For easy reference,
your Sum Assured is banded as follows:
Sum Assured Band
As a responsible individual, you try and plan for all the important life stages and milestones in

Sum Assured (`)

Band 1

Band 2

Band 3

200,000 to 399,999

400,000 to 799,999

800,000+

your life. through all this, we wish we could have an extra stream of income that manages to
fund these glorious moments of one's life. Well, all this possible with a little planning. We will

Bonuses BSLI will declare simple reversionary bonuses regularly at the end of each financial

help you to plan better to achieve your financial goals and realise your dreams with

year and those will be accrued in the policy on its policy anniversary, surrender or on death.

BSLI Vision LifeIncome Plan.

Bonuses once attached to the policy are payable along with the interim bonuses, as applicable
on death, surrender or survival. In case of surrender, the surrender value of the attached

BSLI Vision LifeIncome Plan is a traditional participating whole life plan. With survival benefits

bonuses will be payable. The regular bonus rate declared by BSLI may vary from year to year

payable every year from the end of the premium paying term till maturity and life insurance

and will depend on the actual experience regarding various factors and the prevailing economic

benefit, this plan offers a perfect blend of income and financial protection for your family.

conditions. Future bonuses are however not guaranteed and will depend upon the future profits
of the participating business.

PLAN AT A GLANCE
BSLI Vision LifeIncome Plan is suitable for you, if your key objective is secured savings, earning

Terminal bonus BSLI may also pay a terminal bonus at the company's discretion on death, or
maturity, based on the actual experience and the prevailing economic conditions.

a steady income till age 100 and providing your family with comprehensive financial protection.

PAGE 2

PAGE 3

YOUR BENEFITS

Reduced Paid-up Benefits

If you discontinue paying premiums after having paid for at least three full years, your policy will

Survival Benefit

not lapse but will continue on a Reduced Paid-Up basis. Under Reduced Paid-Up, your sum

In the event the life insured survives to the end of the premium paying term, we shall pay to you:

assured or 105% of total premium paid to date (excluding any applicable rider premium and/or

Accrued bonuses till date

underwriting extras), if greater shall be reduced in proportion to the premiums actually paid to

In the event the life insured survives to the end of each subsequent policy year, we shall pay to you :

the total premiums payable during the premium paying term. Your accrued bonuses to the date

Income Benefit of 5.0% of Sum Assured; plus

of premium discontinuance will not be reduced; however any bonus payable in the year of

Bonus from the current policy year

premium discontinuance shall be reduced proportionately to the unpaid premiums in that policy
year. In the successive years there will be no further accrual of bonuses.

Maturity Benefit
In the event the life insured survives to the end of the policy term, we shall pay to you:

Once the policy has becomes Reduced Paid-Up, the benefits payable in the Your Benefits
section are amended as follows:

(1)

Sum Assured ; plus

Terminal bonus (if any)

Survival Benefit
After the premium paying term in the event the life insured survives to the end of each

Death Benefit

subsequent policy year, we shall pay to you:

In the unfortunate event of the death of the life insured during the premium paying term,

(4)
Income Benefit of 5.0% of Reduced Sum Assured

we shall pay to the nominee:

(4)
If the Income Benefit is less than Rs 1,000 per year, you will receive a lump sum payment at the end of the premium
paying term based at the then prevailing conversion rate.

Sum Assured(1); plus

Accrued bonuses as of date of death(2); plus

Terminal bonus (if any)

Maturity Benefit
In the event the life insured survives to the end of the policy term, we shall pay to you:
Reduced Sum Assured; plus

In the event the life insured dies after the premium paying term, we shall pay to the nominee:

Terminal bonus (if any)

Sum Assured(1); plus

Bonus from the current policy year(3); plus
Terminal bonus (if any)

Death Benefit
In the unfortunate event of the death of the life insured during the premium paying term,
we shall pay to the nominee:

In case of death of the life insured, if the life insured is different from the policyholder,

Reduced Sum Assured; plus

the policyholder will receive the death benefit.

Accrued bonuses as may be applicable (described above); plus
The policy shall be terminated once the death or maturity benefit is paid and no other benefit

Terminal bonus (if any)

shall be payable thereafter.

(1)

In the event the life insured dies after the premium paying term, we shall pay to the nominee

Sum Assured payable on death/maturity shall never be less than 105% of total premiums paid to date (excluding any

applicable rider premium and/or underwriting extras)

Reduced Sum Assured; plus

(2)

Refer to bonus section

(3)

Any bonuses previously paid are excluded

Terminal bonus (if any)

Additional Insurance Benefits
For added protection, BSLI Vision LifeIncome Plan can be enhanced by the following riders for
a nominal extra cost.

PAGE 4

PAGE 5

YOUR BENEFITS

Reduced Paid-up Benefits

If you discontinue paying premiums after having paid for at least three full years, your policy will

Survival Benefit

not lapse but will continue on a Reduced Paid-Up basis. Under Reduced Paid-Up, your sum

In the event the life insured survives to the end of the premium paying term, we shall pay to you:

assured or 105% of total premium paid to date (excluding any applicable rider premium and/or

Accrued bonuses till date

underwriting extras), if greater shall be reduced in proportion to the premiums actually paid to

In the event the life insured survives to the end of each subsequent policy year, we shall pay to you :

the total premiums payable during the premium paying term. Your accrued bonuses to the date

Income Benefit of 5.0% of Sum Assured; plus

of premium discontinuance will not be reduced; however any bonus payable in the year of

Bonus from the current policy year

premium discontinuance shall be reduced proportionately to the unpaid premiums in that policy
year. In the successive years there will be no further accrual of bonuses.

Maturity Benefit
In the event the life insured survives to the end of the policy term, we shall pay to you:

Once the policy has becomes Reduced Paid-Up, the benefits payable in the Your Benefits
section are amended as follows:

(1)

Sum Assured ; plus

Terminal bonus (if any)

Survival Benefit
After the premium paying term in the event the life insured survives to the end of each

Death Benefit

subsequent policy year, we shall pay to you:

In the unfortunate event of the death of the life insured during the premium paying term,

(4)
Income Benefit of 5.0% of Reduced Sum Assured

we shall pay to the nominee:

(4)
If the Income Benefit is less than Rs 1,000 per year, you will receive a lump sum payment at the end of the premium
paying term based at the then prevailing conversion rate.

Sum Assured(1); plus

Accrued bonuses as of date of death(2); plus

Terminal bonus (if any)

Maturity Benefit
In the event the life insured survives to the end of the policy term, we shall pay to you:
Reduced Sum Assured; plus

In the event the life insured dies after the premium paying term, we shall pay to the nominee:

Terminal bonus (if any)

Sum Assured(1); plus

Bonus from the current policy year(3); plus
Terminal bonus (if any)

Death Benefit
In the unfortunate event of the death of the life insured during the premium paying term,
we shall pay to the nominee:

In case of death of the life insured, if the life insured is different from the policyholder,

Reduced Sum Assured; plus

the policyholder will receive the death benefit.

Accrued bonuses as may be applicable (described above); plus
The policy shall be terminated once the death or maturity benefit is paid and no other benefit

Terminal bonus (if any)

shall be payable thereafter.

(1)

In the event the life insured dies after the premium paying term, we shall pay to the nominee

Sum Assured payable on death/maturity shall never be less than 105% of total premiums paid to date (excluding any

applicable rider premium and/or underwriting extras)

Reduced Sum Assured; plus

(2)

Refer to bonus section

(3)

Any bonuses previously paid are excluded

Terminal bonus (if any)

Additional Insurance Benefits
For added protection, BSLI Vision LifeIncome Plan can be enhanced by the following riders for
a nominal extra cost.

PAGE 4

PAGE 5

BSLI Accidental Death and Disability Rider (UIN: 109B018V03)

Entry Age

: 35 years

Annual Premium*

BSLI Critical Illness Rider (UIN: 109B019V03)

Gender

: Male

Premium Paying Term : 15 years

BSLI Surgical Care Rider (UIN: 109B015V03)

Policy Term

: Whole Life to Age 100

Payment Frequency

BSLI Hospital Care Rider (UIN: 109B016V03)

Sum Assured : `250,000

BSLI Waiver of Premium Rider (UIN: 109B017V02)

Policy

Premiums

BSLI Accidental Death Benefit Rider Plus (UIN: 109B023V01)

Year

Paid

Death

Survival

End

to Date

Benefit

Benefit

at 4% p.a.

at 8% p.a.

at 4% p.a.

at 8% p.a.

20,954

2,50,000

2,50,375

2,60,750

Please refer to detailed brochures on riders, consult your financial advisor or visit our website
for further details.
YOUR BENEFITS ILLUSTRATION

: `20,954
: Yearly
All amount in `

Guaranteed

Total
Death Benefit

Survival Benefit

41,908

2,50,000

2,50,750

2,71,500

62,862

2,50,000

2,51,125

2,82,250

83,816

2,50,000

2,51,500

2,93,000

Some benefits are guaranteed and some benefits are variable with bonuses based on the future

1,04,770

2,50,000

2,51,875

3,03,750

performance of the participating business and economic conditions. If your policy offers

1,25,724

2,50,000

2,52,250

3,14,500

guaranteed returns then these will be clearly marked guaranteed in the illustration table on this

1,46,678

2,50,000

2,52,625

3,25,250

page. If your policy offers variable returns then the illustrations on this page will show two

1,67,632

2,50,000

2,53,000

3,36,000

different rates of assumed future investment returns. These assumed rates of return are not

1,88,586

2,50,000

2,53,375

3,46,750

guaranteed and they are not the upper or lower limits of what you might get back as the value

10

2,09,540

2,50,000

2,53,750

3,57,500

of your policy is dependent on a number of factors including future investment performance.

15

3,14,310

3,30,032

3,35,657

4,91,282

5,625

1,61,250

In the illustration below, the Sum Assured is fully guaranteed. The Total Death Benefit is not

16 to 64

3,14,310

3,30,032

12,500

3,30,407

3,40,782

12,875

23,250

65

3,14,310

3,30,032

342,532

3,30,407

3,40,782

3,42,907

3,53,282

guaranteed and is determined using assumed future investment returns of 4% and 8% as set
by the Life Insurance Council.

*The premium is exclusive of Service Tax and Education Cess and any other applicable taxes. All applicable taxes will be
additionally included to your premium and levied as per extant tax laws.

YOUR OPTIONS
Paying Premiums
Please ask your financial advisor or visit our website to determine the premium rate applicable
for your policy. You may choose to pay your premium annually, semi-annually, quarterly or
monthly as per your convenience. For annual and semi-annual payments, we give a premium
rebate of 3.0% and 1.5% respectively. However, if you choose ECS as your payment method,
we will give a premium rebate of 3.0% irrespective of your pay frequency.
Sum Assured Rebate
For higher Sum Assured, we also offer a premium rebate as follows:
Sum Assured Band
Premium Rebate per 1000 SA

PAGE 6

Band 1

Band 2

Band 3

nil

2.50

3.50

PAGE 7

BSLI Accidental Death and Disability Rider (UIN: 109B018V03)

Entry Age

: 35 years

Annual Premium*

BSLI Critical Illness Rider (UIN: 109B019V03)

Gender

: Male

Premium Paying Term : 15 years

BSLI Surgical Care Rider (UIN: 109B015V03)

Policy Term

: Whole Life to Age 100

Payment Frequency

BSLI Hospital Care Rider (UIN: 109B016V03)

Sum Assured : `250,000

BSLI Waiver of Premium Rider (UIN: 109B017V02)

Policy

Premiums

BSLI Accidental Death Benefit Rider Plus (UIN: 109B023V01)

Year

Paid

Death

Survival

End

to Date

Benefit

Benefit

at 4% p.a.

at 8% p.a.

at 4% p.a.

at 8% p.a.

20,954

2,50,000

2,50,375

2,60,750

Please refer to detailed brochures on riders, consult your financial advisor or visit our website
for further details.
YOUR BENEFITS ILLUSTRATION

: `20,954
: Yearly
All amount in `

Guaranteed

Total
Death Benefit

Survival Benefit

41,908

2,50,000

2,50,750

2,71,500

62,862

2,50,000

2,51,125

2,82,250

83,816

2,50,000

2,51,500

2,93,000

Some benefits are guaranteed and some benefits are variable with bonuses based on the future

1,04,770

2,50,000

2,51,875

3,03,750

performance of the participating business and economic conditions. If your policy offers

1,25,724

2,50,000

2,52,250

3,14,500

guaranteed returns then these will be clearly marked guaranteed in the illustration table on this

1,46,678

2,50,000

2,52,625

3,25,250

page. If your policy offers variable returns then the illustrations on this page will show two

1,67,632

2,50,000

2,53,000

3,36,000

different rates of assumed future investment returns. These assumed rates of return are not

1,88,586

2,50,000

2,53,375

3,46,750

guaranteed and they are not the upper or lower limits of what you might get back as the value

10

2,09,540

2,50,000

2,53,750

3,57,500

of your policy is dependent on a number of factors including future investment performance.

15

3,14,310

3,30,032

3,35,657

4,91,282

5,625

1,61,250

In the illustration below, the Sum Assured is fully guaranteed. The Total Death Benefit is not

16 to 64

3,14,310

3,30,032

12,500

3,30,407

3,40,782

12,875

23,250

65

3,14,310

3,30,032

342,532

3,30,407

3,40,782

3,42,907

3,53,282

guaranteed and is determined using assumed future investment returns of 4% and 8% as set
by the Life Insurance Council.

*The premium is exclusive of Service Tax and Education Cess and any other applicable taxes. All applicable taxes will be
additionally included to your premium and levied as per extant tax laws.

YOUR OPTIONS
Paying Premiums
Please ask your financial advisor or visit our website to determine the premium rate applicable
for your policy. You may choose to pay your premium annually, semi-annually, quarterly or
monthly as per your convenience. For annual and semi-annual payments, we give a premium
rebate of 3.0% and 1.5% respectively. However, if you choose ECS as your payment method,
we will give a premium rebate of 3.0% irrespective of your pay frequency.
Sum Assured Rebate
For higher Sum Assured, we also offer a premium rebate as follows:
Sum Assured Band
Premium Rebate per 1000 SA

PAGE 6

Band 1

Band 2

Band 3

nil

2.50

3.50

PAGE 7

Surrendering your Policy

If you do not pay your premium within the grace period, the following will be applicable:

Your policy will acquire a surrender value after all due premiums for at least three full policy
years are paid.

(a) In case you have not paid premiums for three full years, then all benefits under your policy
will cease immediately and your policy shall be terminated.

The Guaranteed Surrender Value is a percentage of premiums paid (excluding any premiums
paid towards rider benefit/s, underwriting extras and service tax) plus the surrender value of
accrued regular bonuses less survival benefit already paid. The Guaranteed Surrender Value will
vary depending on the premium paying term and the year the policy is surrendered.

(b) In case you have paid premiums for at least three full years, then your policy will be
continued on a Reduced Paid-Up basis.

Your policy will also be eligible for a Special Surrender Value. The surrender value payable will
be the higher of Guaranteed Surrender Value or Special Surrender Value. The policy shall be
terminated once the Surrender Value is paid. Please ask your financial advisor for an illustration
of the Surrender Values applicable to your policy or refer to your policy contract for further
details.

You can reinstate your policy for its full coverage within two years from the due date of the first
unpaid premium by paying all outstanding premiums together with interest as declared by us
from time to time and by providing evidence of insurability satisfactory to us. Upon
reinstatement, your benefits shall be restored to their full value.
Service Tax and Education Cess
Service Tax and other levies, as applicable, will be extra and levied as per the extant tax laws.

Taking a Policy Loan

Tax Benefits

You may take a loan against your policy once it has acquired a surrender value. The minimum
loan amount is Rs. 5,000 and the maximum is 85% of your surrender value. We shall charge
interest on the outstanding loan balance at a rate declared by us from time to time based on
then prevailing market conditions. Any outstanding loan balance will be recovered by us from
policy proceeds due for payment before any benefit is paid under the policy. Should the
outstanding policy loan balance equal or exceed the surrender value of your policy at any time,
when your policy is in reduced paid-up status, then the policy shall be terminated without any
value. Note that prior to this happening, we shall give you an opportunity to repay all or part of
your outstanding loan balance in order for your policy to continue uninterrupted.

As per extant tax laws, this plan offers tax benefits under Section 80C, 80D and Section 10(10D)
of the Income Tax Act, 1961, subject to fulfillment of the other conditions of the respective
sections prescribed therein.
You are advised to consult your tax advisor for details.
Exclusions
We will pay the premiums paid to date or surrender value, if higher, in the event the life insured
dies by committing suicide, whether medically sane or insane, within one year after the issue
date or reinstatement date of the policy.
Nomination

TERMS & CONDITIONS

Free-Look Period
You will have the right to return your policy to us within 15 days (30 days in case the policy
issued under the provisions of IRDAI Guidelines on Distance Marketing(5) of Insurance products)
from the date of receipt of the policy. We will refund the premium paid once we receive your
written notice of cancellation (along with reasons thereof) together with the original policy
documents. We will deduct proportionate risk premium for the period of cover and expenses
incurred by us on medical examination and stamp duty charges while issuing your policy.
(5)

Distance Marketing includes every activity of solicitation (including lead generation) and sale of insurance products
through voice mode, SMS electronic mode, physical mode (like postal mail) or any other means of communication other
than in person.

Grace Period and Reinstatement

If you are unable to pay your premium by the due date, you will be given a grace period of 30
days (15 days for mode) and during this grace period all coverage under your policy will continue.

PAGE 8

Allowed as per the provisions of Section 39 of the Insurance Act, 1938 and amended from time
to time. For more details on the nomination, please refer to our website
www.insurance.birlasunlife.com
Assignment
Allowed as per the provisions of Section 38 of the Insurance Act, 1938 and amended from time
to time. For more details on the assignment, please refer to our website
www.insurance.birlasunlife.com
Prohibition of Rebates Section 41 of the Insurance Act, 1938
No person shall allow or offer to allow, either directly or indirectly, as an inducement to any
person to take or renew or continue an insurance in respect of any kind of risk relating to lives
or property in India, any rebate of the whole or part of the commission payable or any rebate of
the premium shown on the policy, nor shall any person taking out or renewing or continuing a
policy accept any rebate, except such rebate as may be allowed in accordance with the
published prospectuses or tables of the insurer.

PAGE 9

Surrendering your Policy

If you do not pay your premium within the grace period, the following will be applicable:

Your policy will acquire a surrender value after all due premiums for at least three full policy
years are paid.

(a) In case you have not paid premiums for three full years, then all benefits under your policy
will cease immediately and your policy shall be terminated.

The Guaranteed Surrender Value is a percentage of premiums paid (excluding any premiums
paid towards rider benefit/s, underwriting extras and service tax) plus the surrender value of
accrued regular bonuses less survival benefit already paid. The Guaranteed Surrender Value will
vary depending on the premium paying term and the year the policy is surrendered.

(b) In case you have paid premiums for at least three full years, then your policy will be
continued on a Reduced Paid-Up basis.

Your policy will also be eligible for a Special Surrender Value. The surrender value payable will
be the higher of Guaranteed Surrender Value or Special Surrender Value. The policy shall be
terminated once the Surrender Value is paid. Please ask your financial advisor for an illustration
of the Surrender Values applicable to your policy or refer to your policy contract for further
details.

You can reinstate your policy for its full coverage within two years from the due date of the first
unpaid premium by paying all outstanding premiums together with interest as declared by us
from time to time and by providing evidence of insurability satisfactory to us. Upon
reinstatement, your benefits shall be restored to their full value.
Service Tax and Education Cess
Service Tax and other levies, as applicable, will be extra and levied as per the extant tax laws.

Taking a Policy Loan

Tax Benefits

You may take a loan against your policy once it has acquired a surrender value. The minimum
loan amount is Rs. 5,000 and the maximum is 85% of your surrender value. We shall charge
interest on the outstanding loan balance at a rate declared by us from time to time based on
then prevailing market conditions. Any outstanding loan balance will be recovered by us from
policy proceeds due for payment before any benefit is paid under the policy. Should the
outstanding policy loan balance equal or exceed the surrender value of your policy at any time,
when your policy is in reduced paid-up status, then the policy shall be terminated without any
value. Note that prior to this happening, we shall give you an opportunity to repay all or part of
your outstanding loan balance in order for your policy to continue uninterrupted.

As per extant tax laws, this plan offers tax benefits under Section 80C, 80D and Section 10(10D)
of the Income Tax Act, 1961, subject to fulfillment of the other conditions of the respective
sections prescribed therein.
You are advised to consult your tax advisor for details.
Exclusions
We will pay the premiums paid to date or surrender value, if higher, in the event the life insured
dies by committing suicide, whether medically sane or insane, within one year after the issue
date or reinstatement date of the policy.
Nomination

TERMS & CONDITIONS

Free-Look Period
You will have the right to return your policy to us within 15 days (30 days in case the policy
issued under the provisions of IRDAI Guidelines on Distance Marketing(5) of Insurance products)
from the date of receipt of the policy. We will refund the premium paid once we receive your
written notice of cancellation (along with reasons thereof) together with the original policy
documents. We will deduct proportionate risk premium for the period of cover and expenses
incurred by us on medical examination and stamp duty charges while issuing your policy.
(5)

Distance Marketing includes every activity of solicitation (including lead generation) and sale of insurance products
through voice mode, SMS electronic mode, physical mode (like postal mail) or any other means of communication other
than in person.

Grace Period and Reinstatement

If you are unable to pay your premium by the due date, you will be given a grace period of 30
days (15 days for mode) and during this grace period all coverage under your policy will continue.

PAGE 8

Allowed as per the provisions of Section 39 of the Insurance Act, 1938 and amended from time
to time. For more details on the nomination, please refer to our website
www.insurance.birlasunlife.com
Assignment
Allowed as per the provisions of Section 38 of the Insurance Act, 1938 and amended from time
to time. For more details on the assignment, please refer to our website
www.insurance.birlasunlife.com
Prohibition of Rebates Section 41 of the Insurance Act, 1938
No person shall allow or offer to allow, either directly or indirectly, as an inducement to any
person to take or renew or continue an insurance in respect of any kind of risk relating to lives
or property in India, any rebate of the whole or part of the commission payable or any rebate of
the premium shown on the policy, nor shall any person taking out or renewing or continuing a
policy accept any rebate, except such rebate as may be allowed in accordance with the
published prospectuses or tables of the insurer.

PAGE 9

Any person making default in complying with the provisions of this section shall be liable for a
penalty which may extend to ten lakh rupees
Fraud and Misrepresentation
As per the provisions of Section 45 of the Insurance Act, 1938 and amended from time to time.
For more details on Section 45 of the Insurance Act, 1938 please refer to our website
www.insurance.birlasunlife.com

BIRLA SUN LIFE INSURANCE A COMING TOGETHER OF VALUES

Asset Management, General Insurance Advisory, Private Equity, Broking, Wealth Management
and Online Money Management) ranks among the top 5 fund managers in India. Its Telecom
venture, Idea Cellular, ranks among the top 3 cellular operators in India. It is a leading player
in Linen, Agri, Rayon and Insulators businesses. ABNL has recently ventured into the Solar
Power businesses and is foraying into the Health Insurance business. It has also received an
in-principle approval from RBI to set up a Payments Bank in joint venture with Idea Cellular.
Aditya Birla Nuvo is a part of the Aditya Birla Group, a USD 41 billion Indian multinational.
The Aditya Birla Group is in the league of Fortune 500. Anchored by an extraordinary force of
over 120,000 employees, belonging to 42 nationalities, the Aditya Birla Group operates in 36
countries across the globe. Over 50 per cent of its revenues flow from its overseas operations.

About Birla Sun Life Insurance

Birla Sun Life Insurance Company Limited (BSLI) is a joint venture between the Aditya Birla
Nuvo Limited, a leading Indian conglomerate, and Sun Life Financial Inc., one of the leading
international financial services organisations from Canada. BSLI ranks 4th in India among the
private life insurers in terms of annual premium equivalent, with a market share of 7.6% as on
31st March 2016. During 2015-16, it recorded a gross premium income of `5580 Crore,
registering a y-o-y growth of 7% and posted a net profit of `140 Crore. Its assets under
Management at `30, 811 Crore as on 31st March 2016. BSLI has a nation-wide distribution
presence through 409 branches, 3 bancassurance partners, over 55,000 direct selling agents
and more than 150 corporate agents and brokers. BSLI is meeting its growth capital and
solvency requirements through internal accruals and has not required any capital infusion
during past five years. The company offers a complete range of protection solutions, children's
future solutions, wealth with protection solutions, health and wellness solutions, retirement
solutions and savings with protection solutions. For more information, please visit
www.insurance.birlasunlife.com.
Aditya Birla Financial Services Group
Aditya Birla Financial Services Group (ABFSG) ranks among the top 5 fund managers in India
(excluding LIC) with an AUM of INR 184,276 Crore as on 31st March 2016. Having a strong
presence across the life insurance, asset management, private equity, general insurance
broking, wealth management, broking, online personal finance, housing finance, pension fund
management and NBFC, ABFSG is committed to serve the end-to-end financial services needs
of its retail and corporate customers. ABFSG is in the process of seeking a licence from IRDAI
for launching health Insurance business in a joint venture with MMI Group of South Africa. As on
31st March 2016, ABFSG reported consolidated revenue from these businesses at `9,192
Crore and earnings before tax of `1,110 Crore (For established businesses). Anchored by about
11,000 employees and trusted by over 8.8 million customers, ABFSG has a nationwide reach
through 1,384 points of presence and about 60,200 agents / channel partners. For more
information, please visit www.abfsg.com.

Sun Life Financial Inc, Canada

Sun Life Financial is a leading international financial services organization providing a diverse
range of protection and wealth products and services to individuals and corporate customers.
Sun Life Financial has operations in a number of markets worldwide, including Canada, the
United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia,
India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of December 31, 2015,
the Sun Life Financial group of companies had total assets under management of $891 billion.
For more information please visit www.sunlife.com. Sun Life Financial Inc. trades on the Toronto
(TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.

RISK FACTORS AND DISCLAIMERS

This policy is underwritten by Birla Sun Life Insurance Company Limited (BSLI). This is
a traditional participating endowment plan. All terms & conditions are guaranteed throughout
the policy term, except for the bonuses which would be declared at the end of each financial
year. Service Tax and Education Cess and any other applicable taxes will be added (extra) to
your premium and levied as per extant tax laws. An extra premium may be charged as per our
then existing underwriting guidelines for substandard lives, smokers or people having
hazardous occupations etc. This brochure contains only the salient features of the plan.
For further details please refer to the policy contract. Tax benefits are subject to changes in
the tax laws. For more details and clarification call your BSLI Insurance Advisor or visit our
website and see how we can help in making your dreams come true.
IRDAI hereby clarifies to public that:
IRDAI or its officials do not involve in activities like sale of any kind of insurance or
financial products nor invest premiums.
IRDAI does not announce any bonus.
Public receiving such phone calls are requested to lodge a police complaint along with
details of phone call number.

Aditya Birla Nuvo Ltd:

Aditya Birla Nuvo is a USD 3.6 billion conglomerate with leadership position across its
businesses. Its Financial Services business (including NBFC, Housing Finance, Life Insurance,

PAGE 10

PAGE 11

Any person making default in complying with the provisions of this section shall be liable for a
penalty which may extend to ten lakh rupees
Fraud and Misrepresentation
As per the provisions of Section 45 of the Insurance Act, 1938 and amended from time to time.
For more details on Section 45 of the Insurance Act, 1938 please refer to our website
www.insurance.birlasunlife.com

BIRLA SUN LIFE INSURANCE A COMING TOGETHER OF VALUES

Asset Management, General Insurance Advisory, Private Equity, Broking, Wealth Management
and Online Money Management) ranks among the top 5 fund managers in India. Its Telecom
venture, Idea Cellular, ranks among the top 3 cellular operators in India. It is a leading player
in Linen, Agri, Rayon and Insulators businesses. ABNL has recently ventured into the Solar
Power businesses and is foraying into the Health Insurance business. It has also received an
in-principle approval from RBI to set up a Payments Bank in joint venture with Idea Cellular.
Aditya Birla Nuvo is a part of the Aditya Birla Group, a USD 41 billion Indian multinational.
The Aditya Birla Group is in the league of Fortune 500. Anchored by an extraordinary force of
over 120,000 employees, belonging to 42 nationalities, the Aditya Birla Group operates in 36
countries across the globe. Over 50 per cent of its revenues flow from its overseas operations.

About Birla Sun Life Insurance

Birla Sun Life Insurance Company Limited (BSLI) is a joint venture between the Aditya Birla
Nuvo Limited, a leading Indian conglomerate, and Sun Life Financial Inc., one of the leading
international financial services organisations from Canada. BSLI ranks 4th in India among the
private life insurers in terms of annual premium equivalent, with a market share of 7.6% as on
31st March 2016. During 2015-16, it recorded a gross premium income of `5580 Crore,
registering a y-o-y growth of 7% and posted a net profit of `140 Crore. Its assets under
Management at `30, 811 Crore as on 31st March 2016. BSLI has a nation-wide distribution
presence through 409 branches, 3 bancassurance partners, over 55,000 direct selling agents
and more than 150 corporate agents and brokers. BSLI is meeting its growth capital and
solvency requirements through internal accruals and has not required any capital infusion
during past five years. The company offers a complete range of protection solutions, children's
future solutions, wealth with protection solutions, health and wellness solutions, retirement
solutions and savings with protection solutions. For more information, please visit
www.insurance.birlasunlife.com.
Aditya Birla Financial Services Group
Aditya Birla Financial Services Group (ABFSG) ranks among the top 5 fund managers in India
(excluding LIC) with an AUM of INR 184,276 Crore as on 31st March 2016. Having a strong
presence across the life insurance, asset management, private equity, general insurance
broking, wealth management, broking, online personal finance, housing finance, pension fund
management and NBFC, ABFSG is committed to serve the end-to-end financial services needs
of its retail and corporate customers. ABFSG is in the process of seeking a licence from IRDAI
for launching health Insurance business in a joint venture with MMI Group of South Africa. As on
31st March 2016, ABFSG reported consolidated revenue from these businesses at `9,192
Crore and earnings before tax of `1,110 Crore (For established businesses). Anchored by about
11,000 employees and trusted by over 8.8 million customers, ABFSG has a nationwide reach
through 1,384 points of presence and about 60,200 agents / channel partners. For more
information, please visit www.abfsg.com.

Sun Life Financial Inc, Canada

Sun Life Financial is a leading international financial services organization providing a diverse
range of protection and wealth products and services to individuals and corporate customers.
Sun Life Financial has operations in a number of markets worldwide, including Canada, the
United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia,
India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of December 31, 2015,
the Sun Life Financial group of companies had total assets under management of $891 billion.
For more information please visit www.sunlife.com. Sun Life Financial Inc. trades on the Toronto
(TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.

RISK FACTORS AND DISCLAIMERS

This policy is underwritten by Birla Sun Life Insurance Company Limited (BSLI). This is
a traditional participating endowment plan. All terms & conditions are guaranteed throughout
the policy term, except for the bonuses which would be declared at the end of each financial
year. Service Tax and Education Cess and any other applicable taxes will be added (extra) to
your premium and levied as per extant tax laws. An extra premium may be charged as per our
then existing underwriting guidelines for substandard lives, smokers or people having
hazardous occupations etc. This brochure contains only the salient features of the plan.
For further details please refer to the policy contract. Tax benefits are subject to changes in
the tax laws. For more details and clarification call your BSLI Insurance Advisor or visit our
website and see how we can help in making your dreams come true.
IRDAI hereby clarifies to public that:
IRDAI or its officials do not involve in activities like sale of any kind of insurance or
financial products nor invest premiums.
IRDAI does not announce any bonus.
Public receiving such phone calls are requested to lodge a police complaint along with
details of phone call number.

Aditya Birla Nuvo Ltd:

Aditya Birla Nuvo is a USD 3.6 billion conglomerate with leadership position across its
businesses. Its Financial Services business (including NBFC, Housing Finance, Life Insurance,

PAGE 10

PAGE 11

www.insurance.birlasunlife.com

Regd. Office: Birla Sun Life Insurance Company Limited, One Indiabulls Centre, Tower 1, 16th Floor, Jupiter Mill Compound,
841 Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013. Registration No. 109. Unique No. 109N079V02
ADV/10/16-17/10051 VER4/OCT/2016

Birla Sun Life Insurance

Vision LifeIncome Plan

A traditional participating whole life insurance plan