IGI Life Vitality Products' benefits and features - Unit Linked

Sr.# Features/ Benefits Vision for Financial Security Vision for College Education
Products
Vision for Daughters Marriage Vision for Retirement IGI Life Vitality - Future Smart

IGI Life Vitality - Future Smart plan is a Unit Linked

An insurance plan that is tailored to meet the needs of Retirement plan helps policy holder to save for a insurance plan and wellness program that is exclusively
today’s challenges. The plan allows policy holder to This plan is an education plan which is designed to This is a marriage plan that offers policy holder to save comfortable life after retirement. designed to Vitalities you so that you can stay healthy
1 Product Basic Purpose invest for themselves or their loved ones and secure a safeguard children's future education along with for their daughters' weddings and keeps their family and live longer. It encourages you to live a healthier life
bright future during any obstacle comes around. financial security financially secure. and earn active rewards. In this way the plan does not
only provide insurance coverage but it also brings life
style and safeguard future with hefty savings.

2 Plan Type 1. Unit-Linked Endowment Plan 1. Unit-Linked Endowment Plan 1. Unit-Linked Endowment Plan 1. Unit-Linked Endowment Plan 1. Unit-Linked Endowment Plan
2. Regular Premium Plan 2. Regular Premium Plan 2. Regular Premium Plan 2. Regular Premium Plan 2. Regular Premium Plan

3 Policy Term 10 – upto 85 Years 10-25 years 10-25 years 10 – upto 85 Years 10 – upto 85 Years

Payor: 18-55 FPR death & disability Payor: 18-55 FPR death & disability
4 Eligibility Criteria 18-65 years (nearest birthday) Child: 03 months-18 Child: 03 months-18 18-65 years (nearest birthday) 18-65 years (nearest birthday)

5 Plan Expiry (Maturity Age) 85 60 years FPR death 60 years FPR death 85 85
Minimum acceptable basic premium is PKR 50,000 for
Annually: Rs. 15,000/- (Minimum) Annually: Rs. 15,000/- (Minimum) Annually: Rs. 15,000/- (Minimum) Annually: Rs. 15,000/- (Minimum) the Annually. Semi-Annually and Quarterly modes of
5
premium
Minimum Premium amount

6 Mode of Premium Annually, Semi-Annually & Quarterly Annually, Semi-Annually & Quarterly Annually, Semi-Annually & Quarterly Annually, Semi-Annually & Quarterly Annually, Semi-Annually & Quarterly

7 Premium Paying Term 05 years(Min) & Max can go upto the Policy term Upto the Policy term only Upto the Policy term only 05 years(Min) & Max can go upto the Policy term 05 years(Min) & Max can go upto the Policy term

8 Minimum Top-up amount Rs. 100,000/- Rs. 100,000/- Rs. 100,000/- Rs. 100,000/- Rs. 100,000/-

Future premiums will be paid by company (in case of Future premiums will be paid by company (in case of
the death of policy owner) the death of policy owner)
Face Amount (Sum Assured) or Account Value (Cash Face Amount (Sum Assured) or Account Value (Cash Face Amount (Sum Assured) PLUS Account Value (Cash
9 Death Benefit Value) whichever is higher will be paid Face Amount (Sum Assured) or Account Value (Cash Value) whichever is higher will be paid Value)
Face Amount (Sum Assured) or Account Value (Cash
Value) whichever is higher will be paid Value) whichever is higher will be paid

Cash Value accumulated in Account Value +

Cash Value accumulated in Account Value can be taken Cash Value accumulated in Account Value can be taken Cash Value accumulated in Account Value can be taken Cash Value accumulated in Account Value can be taken Integrated benefit upto 18 % (will be included in Cash
10 Maturity Benefit in a lump sum or apply to opt Pension option in a lump sum or in a lump sum in a lump sum or apply to opt Pension option Value) + Samsung Device Cash Back (will be included in
Can be taken at Four (4) different installments Can be taken at Four (4) different installments cash value if purchases through vitality programme)

11 Built- In-Riders Not Applicable 1. Family Protection Rider - Disability & Death (FPR) 1. Family Protection Rider - Disability & Death (FPR) Not applicable Not applicable

1. Family Protection Rider - Disability (FPR) 1. Family Protection Rider - Disability (FPR) 1. Family Protection Rider - Disability (FPR)
2. Level Term Rider (LTR) 2. Level Term Rider (LTR) 2. Level Term Rider (LTR)
3. Elaj Aasan (EA) 3. Elaj Aasan (EA) 3. Elaj Aasan (EA)
4. Accidental Death Benefit (ADB) 1. Permanent Total Disability (PTD) 1. Permanent Total Disability (PTD) 4. Accidental Death Benefit (ADB) 4. Accidental Death Benefit (ADB)
2. Income Benefit Rider - Disability (IBR_ 2. Income Benefit Rider - Disability (IBR_
12 Optional Benefits (Riders) 5. Permanent Total Disability (PTD) 3. Income Benefit Rider - Death (IBR) 3. Income Benefit Rider - Death (IBR)
5. Permanent Total Disability (PTD) 5. Permanent Total Disability (PTD)
6. Income Benefit Rider - Disability (IBR_ 6. Income Benefit Rider - Disability (IBR_ 6. Income Benefit Rider - Disability (IBR_
7. Income Benefit Rider - Death (IBR) 4. Accident Care Benefit (ACB) 4. Accident Care Benefit (ACB) 7. Income Benefit Rider - Death (IBR) 7. Income Benefit Rider - Death (IBR)
8. Accident Care Benefit (ACB) 5. Accidentl Medical Expense Reimbursement (AMR) 5. Accidentl Medical Expense Reimbursement (AMR) 8. Accident Care Benefit (ACB) 8. Accident Care Benefit (ACB)
9. Accidentl Medical Expense Reimbursement (AMR) 9. Accidentl Medical Expense Reimbursement (AMR) 9. Accidentl Medical Expense Reimbursement (AMR)

Min 5-30 Max Min 5-30 Max Min 5-30 Max Min 5-30 Max
Age Face Amount Multiple Age Face Amount Multiple Age Face Amount Multiple Age Face Amount Multiple
upto 55 5-30 upto 55 5-30 upto 55 5-30 upto 55 5-30
56-60 5-20 56-60 5-20 56-60 5-20 56-60 5-20
61-65 5-10 61-65 5-10 61-65 5-10 61-65 5-10
13 Cover Multiple (times of annual basic premium depending upon (times of annual basic premium depending upon (times of annual basic premium depending upon (times of annual basic premium depending upon 5-200
underwriting outcomes) underwriting outcomes) underwriting outcomes) underwriting outcomes)
(Level of Protection depends on the age of (Level of Protection depends on the age of (Level of Protection depends on the age of (Level of Protection depends on the age of
commencement of life insured) commencement of life insured) commencement of life insured) commencement of life insured)

Years Units Allocation Years Units Allocation Years Units Allocation Years Units Allocation Years Units Allocation
1 30% 1 30% 1 30% 1 30% 1 30%
Year Investment Proportion 2 80% 2 80% 2 80% 2 80% 2 80%
13
(Unit Allocation) 3 90% 3 90% 3 90% 3 90% 3 90%
4-5 100% 4-5 100% 4-5 100% 4-5 100% 4-5 100%

Years Units Allocation Years Units Allocation Years Units Allocation Years Units Allocation Years Units Allocation
14 Continuity Bonus 6 & onwards 104% 6 & onwards 104% 6 & onwards 104% 6 & onwards 104% 6 & onwards 104%

Years Premium Allocation Years Premium Allocation Years Premium Allocation Years Premium Allocation Years Premium Allocation
15 Adhoc Contribution Adhoc / Top-up Contribution 100% Adhoc / Top-up Contribution 100% Adhoc / Top-up Contribution 100% Adhoc / Top-up Contribution 100% Adhoc / Top-up Contribution 100%
 1. Provides a platform to focus in leading a healthy and
active life
1. The plan empowers policy owners to select best for 2. A wellness program that incentivize if you improve
1. Higher first year premium allocation i.e. 30%. 1. The plan provides additional protection where all their daughters marriage 1. Lucrative death benefits i.e. Sum Assured + (Return of health plus also provides an insurance coverage
2. Different additional riders are available to enhance premiums are paid by company if policy owner dies 2. The plan provides a leverage to build cash value Premium or Cash Value, whichever is higher). 3. The plan provides a leverage to build cash value
coverage. within policy term. from very first premium. 2. Minimum cover multiple to increase the investment. from very first premium.
3. Wide range of cover multiples are available to meet 2. It provides flexibility to manage premium at ease. 3. Higher Contribution allocation in1st year and 3. High unit allocation in first year i.e. 30%. 4. Savings are invested in funds of one's own choice.
3. 05 different riders are available to opt.. onwards i.e. 30%.
16 Unique Selling Point (USP) the protection needs of customer. 4. Continuity bonus of 4% from 6th year and onwards. 5. Specially designed to cater the needs of High Net
4. Policy offers lucrative continuity bonuses of 4% from 4. Policy owner can top up premium as and when 4. Lucrative death benefits i.e. Sum Assured + (Return 5. Minimum annual premium of Rs. 15,000 has been set Worth Individuals
6th year and onwards require. These will be allocated as 100% to the PIA to of Premium or Cash Value, whichever is higher). to cater different socio economic classes. 6. Choice of various optional benefits and riders are
5. Partial Withdrawal/ Full Policy Surrender options are boost cash value. 5. Policy owner can top up contribution as and when 6. Pension option is available after maturity. available to enhance coverage.
available after 5th year of policy. 5. It gives an option to switch investment strategies require. These will be allocated as 100% to the PIA to 7. Option is available for policyholder to invest extra
whenever you want during policy tenure boost cash value. savings and top up investments at any time during the
policy
term.