The policy benefits in the form of Sum Assured Additions are based on 5-Year constant Government of India security yield published by CRISIL. The benchmark yield is:
The product offers sum assured additions as a percentage of your sum assured, with every premium payment. These additions are based on 5-Year Constant G-Sec yield published by CRISIL. For yearly, half yearly and quarterly payment frequencies, the sum assured additions will be 100%, 50% and 25% respectively of the rates mentioned in the table below. Annually, the Company will be issuing a statement to the policyholder mentioning the entitlement of accrued sum assured additions under the policy.
5 Year Benchmark Yield | Sum Assured Additions as % of SA |
---|---|
<4.00% | 0.00% |
4.00% to 4.50% | 0.54% |
4.50% to 5.00% | 1.11% |
5.00% to 5.50% | 1.70% |
5.50% to 6.00% | 2.33% |
6.00% to <6.50% | 2.99% |
6.50% to <7.00% | 3.69% |
7.00% to <8.00% | 5.18% |
8.00 to <8.50% | 5.98% |
8.50% to <9.00% | 6.82% |
9.00% to <9.50% | 7.69% |
9.50% to <10.00% | 8.54% |
10.00% to <10.50% | 9.44% |
10.50% to <11.00% | 10.42% |
11.00% to <11.50% | 11.45% |
11.50% to <12.00% | 12.53% |
12.00% | 13.52% |