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A single premium plan that gives you guaranteed returns while providing financial security to your loved ones

Your Benefits

1.     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
2.     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
3.     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
4.     Policy Loans: You can also avail loans on your policy
5.     Tax Benefits: You will also be eligible for tax benefits as per the extant laws.
Earn Guaranteed Monthly Additions and a Guaranteed Final Addition
Guaranteed Monthly Additions
At the end of every month you will earn Guaranteed Monthly Addition. Your Guaranteed Monthly Addition is calculated as:
Guaranteed Monthly Addition Rate x Maturity Sum Assured/1000
Please ask your financial advisor for the Guaranteed Monthly Addition Rates applicable to you.
For BSLI Rainbow Plan the Guaranteed Monthly Addition Rate w.e.f. August 01, 2012 till notified are:
Premium Band
5-year Term
10-year Term
50,000 to 99,999
100,000 to 249,999
250,000 to 499,999
500,000 & above
Guaranteed Final Addition
We reward you for your loyalty with a Guaranteed Final Addition on maturity.
Policy Term
Guaranteed Final Addition
5 years
6 Guaranteed Monthly Additions
10 years
12 Guaranteed Monthly Additions
Illustration of Benefits
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
The above are illustrative value for healthy male, assuming Guaranteed Monthly Addition Rate of 7.40 per 1000 Maturity Sum Assured
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 on risk factors , terms & conditions , please read sales brochure carefully before concluding the sale. Reg No. 109
Unique No.: 109N063V01