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A plan that gives you a guaranteed amount  on the date of your choice and also provides you a whole life cover for a limited pay period
Based on your choices, you will receive a host of benefits as below:
 
1.     Guaranteed Survival benefit
At the end of the GSB Term, you will receive a fixed payout known as the Guaranteed Survival Benefit.
Along with the Guaranteed Survival Benefit, you will receive Monthly Additions and Enhancement to monthly additions. Please read further to know more about Monthly Additions.
2.     Guaranteed Death Benefit
In the unfortunate event of the death of the life insured during the policy term, the nominee will receive the Sum Assured as the Death Benefit.
3.     Guaranteed Maturity Benefit
In the event that the life insured survives to the end of the policy term, you will receive the Sum Assured as the Guaranteed Maturity Benefit.
4.     Monthly Additions
At the beginning of each policy year, your policy will be assigned the latest Monthly Addition Rate declared by us, provided all due premiums have been paid in full. Once this Monthly Addition Rate is assigned to your policy, it will be guaranteed for the next 12 months, and used to calculate your Monthly Additions during the upcoming policy year. We will be declaring new Monthly Addition Rates on April 1st of every calendar year.

For BSLI Vision Plan the currently declared (w.e.f April 1, 2013) Monthly Addition Rates are as follows (annual rate per 1000 of Sum Assured):
 
GSB Term
5 to 10 Years
11 to 15 Years
16 to 20 Years
21+ Years
Currently Declared
43.80
43.80
47.40
52.20
 
 
Enhancements to Monthly Additions
If your GSB term is more than 21 years and if Monthly Additions have been accrued for more than 21 policy years, the accrued Monthly Additions payable as a Death Benefit or a Survival Benefit shall be enhanced by the following percentage:
 
Sum Assured Band
Band 1
Band 2
Band 3
Band 4
Sum Assured (Rs.)
100,000 to 199,999
200,000 to 399,999
400,000 to 799,999
800,000 +
For Each Policy Year Exceeding 21
2.50%
5.00%
6.25%
6.75%
 
Benefits of Monthly Additions
Monthly Additions enhance your Survival Benefit and Death Benefit.
At the end of the GSB term, you receive a Survival benefit, which includes the Guaranteed Survival benefit; plus Monthly Additions accrued till date; plus Enhancements to Monthly Additions, if any.

In the unfortunate event of the death of the life insured during the GSB term, the nominee will receive the Death Benefit which includes the Guaranteed Death Benefit; plus Monthly Additions accrued till date; plus Enhancements to Monthly Additions, if any.
 
5.     Policy Loans
you can also avail of loans on your policy once it has acquired a Surrender Value. The minimum loan amount is Rs.5, 000 and the maximum is 90% of your policy's Surrender Value.
Disclaimer
Insurance is the subject matter of solicitation. Tax benefits are subject to changes in tax laws. All terms & conditions are guaranteed throughout the policy term, except for the Monthly Addition Rate which will vary from policy year to policy year depending on prevailing economic conditions. For more details on risk factors , terms & conditions , please read sales brochure carefully before concluding the sale’. Regd. Office: One Indiabulls Centre Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai 400013. Reg No. 109
Unique No.: 109N068V01