ABSLI Group Capital Enhancement Plan

Parameters

Minimum

Maximum

Age at Entry (last birthday)

18 years

75 years

Policy Term

1 year (Annually renewable)

The policy will continue indefinitely on an annually renewable basis until the master policyholder surrenders the policy or the membership term of existing members expires, with no new members being added

Premium Payment Term

Single Pay

There is no regular premium obligation; premiums will depend on the scheme's funding requirements.

Premium

Defined Benefit Schemes: Rs. 1,00,000 per policy

Defined Contribution Schemes:

Rs. 500 per member and Rs.

1,00,000 per policy

No Limit

Sum Assured per Scheme Member

Non-Superannuation Schemes – Rs. 10,000

Non-Superannuation Schemes –Rs. 10,000

Superannuation Schemes - NIL

Superannuation Schemes -NIL

Age at Maturity (last birthday)

19 years

85 years

Group Size

10 members

No Limit