Secure 58. Why shouldn't you have the freedom to alter your retirement plan at any time? Birla Sun Life Insurance

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1 Why shouldn't you have the freedom to alter your retirement plan at any time? Secure 58 Birla Sun Life Insurance Guaranteed amount on vesting date with flexibility to withdraw

2 Your family comes first for you. As a responsible head of the family you must have planned to successfully meet your family's needs, today and tomorrow. While you perform your role as the provider of the family to perfection, have you ignored your own future? Retirement is a reality and while on retirement your income stops, your expenses don't. Do you have a plan? When you retire, you may realize that you are vulnerable to one of the following risks: üyou may have to depend on someone else for your own expenses: While your family is always there to take care of you, they have always looked up to you as the provider. If you haven't planned for your retirement, you may find that you are now financially dependent on them. This could be a very humiliating experience for someone who has always been the source of income for his family. üyou may not have saved enough: With improving life expectancy, today you are likely to have a retired life upto 15 years. Are your savings good enough to last for 45 years? Many times, your savings may not be in the right place or enough. üyou are not able to enjoy the Golden Years fully: Your retired life is when you live for yourself. The Golden Years are the fruits of your labour. You have done everything for your family, executed all your responsibilities honorably and now deserve to enjoy every moment with your loved ones to the maximum. Having not planned enough could mean worrying about your life and resources even during retirement. Birla Sun Life Insurance understands these risks and is happy to introduce BSLI Secure 58 Plan, a traditional, non-participating pension plan, that offers unique benefits to help you mitigate these risks.

3 üguaranteed Vesting Benefit: The Guaranteed Vesting Benefit or GVB is the amount you are guaranteed at the beginning if you pay your annual premium regularly. üsurvival Benefit: Apart from the above guaranteed amount, BSLI Secure 58 Plan offers you a chance to earn survival benefit an amount of money which you may rd earn at the end of every policy year from the 3 year onwards. The survival benefit can be withdrawn by you or can be use to pay the premium dues. At vesting, you receive the accumulated survival benefit over and above your GVB. This is the added advantage of Growth and Liquidity beyond GVB. BSLI Secure 58 Plan is a great choice for your retired life as it has the mix of Security, Growth and Liquidity. Not only does BSLI Secure 58 Plan allow your money to grow safely, if the need arises, it allows you to access your accumulated survival benefit in case of any emergency need. BSLI SECURE 58 IS THE RIGHT PLAN FOR YOU IF YOU ARE: 18 to 80 years of age Looking to vest anytime between 10 years - 40 years from the entry age. Maximum vesting age is 90 years You are looking to invest at least Rs. 9,600 per annum for retirement planning. While there are no limits on the amount you can invest in this plan, you can choose your annual base premiums only in multiples of Rs. 1,200 per annum over the minimum premium of Rs. 9,600 IMPORTANT: YOUR OBLIGATION ON VESTING rds As per the current Income Tax laws 2/3 of the proceeds at vesting, called the retirement corpus (GVB and Accumulated Survival Benefits) has to be necessarily invested in an Annuity Plan while the balance can be withdrawn tax-free in the hand of the policyholder. An annuity plan provides you regular monthly income based on the amount of money invested by you in the plan. If you wish to know more about which is the best annuity plan for you, we encourage you to contact our financial advisor or us. We will be happy to be of assistance. PREMIUMS AND SURVIVAL BENEFIT BANDS The Survival Benefit under BSLI Secure 58 Plan is linked to your annual base premiums and is categorized in 3 bands, as follows: Annual Premium Annual Base Band Premium Range Survival Benefit Band 1 Rs. 9,600 - Rs. 18,000 Base Survival Benefit Band 2 Rs. 19,200 - Rs. 37,200 5% extra over Base Survival Benefit Band 3 Rs. 38,400 onwards 7% extra over Base Survival Benefit

4 Please note that you may choose to pay any premium in multiples of Rs. 1,200 per annum over a minimum annual base premium of Rs. 9,600. You may also choose to pay your premiums annually, half yearly, quarterly or monthly as per your convenience. Your annual premium will be multiplied by 0.510, or in case you opt for paying it half yearly, quarterly or monthly respectively. Service Tax & Education Cess and any other applicable taxes will be added to your premium and levied as per the extant tax laws. GROWTH AND LIQUIDITY THE POWER OF SURVIVAL BENEFITS rd At the end of every policy year starting from 3 year, you will earn a survival benefit calculated on your base premiums paid till date multiplied by: 6.00% + 60% of any excess of the GSec rate over 7.50%; or 6.00% 75% of any excess of the 7.50% over the GSec rate At the beginning of each policy year, your policy will be assigned the latest GSec rate declared by us and your year-end survival benefit will be based on this GSec rate, irrespective of any change in interest rates during the policy year. st We will declare the GSec rate at the beginning of each calendar quarter (the 1 of January, April, July and October) and it will equal the average of the daily 10-year Constant Maturity Treasury annual yields, as calculated by Bloomberg, recorded over the last calendar quarter. Your survival benefit is therefore based on the prevailing 10-year Government of India Security rate at the beginning of the policy year. You will enjoy 60% of any upside interest movement and be protected on the downside by having your survival benefit reduced by only 75% of the downside interest movement. For example: GSec Rate Downside/Upside Adjustment Survival Benefit Rate 7.50% 6.00% 5.50% 75% x 2.00% = 1.50% 4.50% 9.50% + 60% x 2.00% = % 7.20% Your survival benefit will be increased by 5% or 7% at higher premiums as per the Survival Benefit Bands. The survival benefit will be calculated at the end of every policy year and credited to your policy's accumulated survival benefits. The accumulated survival benefits balance is available for you to: Make cash withdrawals, subject to a minimum of Rs. 5,000 Offset future premiums provided your accumulated survival benefits are higher than your annual premium Extant tax laws will be applicable on exercising any of these options. Any accumulated survival benefits will be payable on vesting, surrender or death.

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6 Guaranteed Vesting Benefit YOUR PREMIUMS ASSURED - THE POWER OF GUARANTEED VESTING BENEFIT The vesting date is the date you decide to end the accumulation phase and enter the income phase. You have the freedom to vest at any time after the completion of 10 policy years. On the vesting date, you will receive a retirement corpus equal to the Guaranteed Vesting Benefit PLUS your accumulated survival benefits. The Guaranteed Vesting Benefit (GVB) is linked to your age at entry and your accumulation phase. Please refer to the table below for sample Guaranteed Vesting Benefit per Rs. 1,200 annual base premium: Entry Age Accumulation Phase (years) Annual Base Premiums Paid 12,173 18,440 24,952 31,707 38,099 12,175 18,451 24,983 31,803 38,270 12,180 18,467 25,080 31,975 38,542 12,189 18,564 25,262 32,160 38,669 12,205 18,612 25,373 32,383 39,086 12,229 18,686 25,555 32,768 39,793 12,268 18,809 25,881 33,442 40,972 12,337 19,043 26,472 34,609 42,796 12,000 18,000 24,000 30,000 36,000 You may refer to our website or contact us for knowing an exact Guaranteed Vesting Benefit at other combinations of your age and accumulation phase. On the vesting date, your total savings amount or retirement corpus will be used to purchase a regular income payable for the rest of your lifetime. You have the option to: Utilize this amount for buying a regular income from us as per our then available products on your vesting date. You are free to choose the same from another life insurer of your choice too rd Receive up to 1/3 of the retirement corpus in a lump-sum and tax free (as per rd the current Income Tax Act) and utilize the balance 2/3 to receive a stream of regular income There is a detailed illustration on the last page of the brochure which you may refer for ease of understanding. SECURE YOUR FAMILY'S DREAMS In the case of the unfortunate event of death of the life insured, we will pay your nominee higher of : 75% of first year base premium and all renewal base premiums paid ; or

7 Surrender value (or the Guaranteed Vesting Benefit) at that time PLUS all accumulated survival benefits What are the other benefits of BSLI Secure 58 plan? Apart from the Guaranteed Vesting Benefit, safe growth in savings and the benefit of cash withdrawal, you have the following benefits too: SURRENDER BENEFIT In the unfortunate situation that you have to surrender your policy before completion of 10 policy years, you will receive all base premiums paid by you multiplied by a percentage as indicated below PLUS accumulated survival benefits. Extant tax laws will be applicable. Policy Year of Surrender % 40% 45% 50% 60% 70% 80% 90% 100% There is a detailed illustration on the last page of the brochure which you may refer for ease of understanding. TAX BENEFIT You will be eligible for tax benefits under Section 80CCC and Section 10 (10A) of the Income Tax Act, Presently, Under Section 80CCC, premiums up to Rs. 100,000 are allowed as a deduction from your taxable income each year Under Section 10 (10A), the tax benefits are on the commuted value of the benefits on the vesting date, subject to mentioned exclusions

8 OTHER QUESTIONS THAT YOU MAY HAVE What will happen if, due to some reason, I am unable to pay my premium on time? If you are unable to pay the premium by the due date, you will be given a grace period of 30 days during which time your policy will continue. If you do not pay your premium within the grace period, the following will be applicable: (a) In case your policy has not acquired a surrender benefit, then all benefits under your policy will cease immediately (b) In case your policy has acquired a surrender benefit, then your policy will be continued on a paid-up basis You can reinstate your policy for its full coverage within two-years from the due date of the unpaid premium by paying all outstanding premiums together with interest as declared by us from time to time. What is the option that I have if in case I change my mind after buying the policy? You will have the right to return your policy to us within 15 days from the date of receipt of the policy. We will refund all premiums paid till date once we receive your written notice of cancellation (along with reasons thereof) together with the original policy documents. Depending on our then current administration rules, we may reduce the amount of the refund by expenditures incurred by us in issuing your policy and as permitted by the IRDA and in accordance to IRDA (Protection of Policyholders' Interest) Regulations, 2002.

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11 TERMS AND CONDITIONS Prohibition of Rebates Section 41 of the Insurance Act, 1938 No person shall allow or offer to allow, either directly or indirectly, as an inducement to any person to take or renew or continue an insurance in respect of any kind of risk relating to lives or property in India, any rebate of the whole or part of the commission payable or any rebate of the premium shown on the policy, nor shall any person taking out or renewing or continuing a policy accept any rebate, except such rebate as may be allowed in accordance with the published prospectuses or tables of the insurer. Non-Disclosure Section 45 of the Insurance Act, 1938 No policy of life insurance effected after the coming into force of this act shall, after the expiry of two years from the date on which it was effected be called in question by an insurer on the ground that statement made in the proposal or in any report of a medical officer, or referee, or friend of the life insured, or in any other document leading to the issue of the policy, was inaccurate or false, unless the insurer shows that such statement was on a material matter or suppressed facts which it was material to disclose and that it was fraudulently made by the policyholder and that the policyholder knew at the time of making it that the statement was false or that it suppressed facts which it was material to disclose. Provided that nothing in this section shall prevent the insurer from calling for proof of age at any time if he is entitled to do so, and no policy shall be deemed to be called in question merely because the terms of the policy are adjusted on subsequent proof that the age of the life insured was incorrectly stated in the application.

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13 BIRLA SUN LIFE INSURANCE A COMING TOGETHER OF VALUES Birla Sun Life Insurance Company Limited is a joint venture between The Aditya Birla Group, one of the largest business houses in India and Sun Life Financial Inc., a leading international financial services organization. The local knowledge of the Aditya Birla Group combined with the expertise of Sun Life Financial Inc., offers a formidable protection for your future. The Aditya Birla Group has a turnover of close to Rs crores, with a market st capitalization of Rs crores (as on 31 March 2008). It has over 100,000 employees across all its units worldwide. It is led by its Chairman - Mr. Kumar Mangalam Birla. Some of its key companies are Hindalco, Grasim and Aditya Birla Nuvo. Sun Life Financial Inc. and its partners, have operations in key markets worldwide. These include Canada, the United States, the United Kingdom, Hong Kong, the Philippines, Japan, Indonesia, India, China and Bermuda. Sun Life Financial Inc. has st assets under management of over US $ billion (as on 31 March, 2008). It is a leading performer in the life insurance market in Canada. Birla Sun Life Insurance (BSLI) has been operating for 9 years. It has contributed significantly to the growth and development of the life insurance industry in India. It pioneered the launch of Unit Linked Life Insurance plans amongst the private players in India. It was the first player in the industry to sell its policies through the Bancassurance route and through the Internet. It was the first private sector player to introduce a Pure Term plan in the Indian market. BSLI has covered more than 2 million lives since it commenced operations and its customer base is spread across more than 1500 towns and cities in India. The company has a capital base of Rs st crores as on 31 March 2008.

14 For better understanding and clarity, you may refer to the details in the following illustration: For example, your annual base premium is Rs for a 25 years accumulation phase and your entry age is 35 years. Following Accumulated Survival Benefits will emerge in different scenarios: Illustration Down Scenario Base Up Scenario Average 10-Year GSec Rate 5.50% 7.50% 9.50% Survival Benefit Payout Rate 4.50% 6.00% 7.20% Survival Benefit Accumulation Rate 4.68% 6.38% 8.08% In Rupees Ratio to Base Premiums paid to date Non-Guaranteed Total & Policy Guaranteed Accumulated Survival Guaranteed Non-Guaranteed Year Surrender Benefits Surrender Surrender Benefit Benefit at 5.5% at 7.5% at 9.5% Benefit at 5.5% at 7.5% at 9.5% 1 & 2 3 1, % 45% 46% 47% 4 2, % 53% 56% 58% 5 3, ,108 50% 61% 65% 68% 6 4,320 1,029 1,401 1,716 60% 74% 79% 84% 7 5,880 1,455 1,994 2,460 70% 87% 94% 99% 8 7,680 1,955 2,697 3,349 80% 100% 108% 115% 9 9,720 2,533 3,517 4,397 90% 113% 123% 131% 10 12,180 3,191 4,461 5, % 128% 139% 148% 15 18,467 7,837 11,342 14, % 146% 166% 185% 20 25,080 15,157 22,759 30, % 168% 199% 233% 25 31,975 25,839 40,354 57, % 193% 241% 297% If the Annual Base Premium is: Band 2 at least Rs. 19,200, then the Accumulated Survival Benefits are 5% higher than shown above Band 3 at least Rs. 38,400, then the Accumulated Survival Benefits are 7% higher than shown above At the end of 25 years (at maturity), the following amounts would be payable for three Annual Base Premium levels: Annual Base Premium of Rs. 12,000 is 10 times above illustration Annual Base Premium of Rs. 24,000 is 20 times above illustration with Accumulated Survival Benefits are 5% higher Annual Base Premium of Rs. 48,000 is 40 times above illustration with Accumulated Survival Benefits are 7% higher Illustration continued on the next page

15 In Rupees Ratio to Base Premiums paid to date Non-Guaranteed Total & Annual Guaranteed Accumulated Survival Guaranteed Non-Guaranteed Base Surrender Benefits Surrender Surrender Benefit Premium Benefit Benefit at 5.5% at 7.5% at 9.5% at 5.5% at 7.5% at 9.5% 12,000 3,19,750 2,58,388 4,03,540 5,71, % 193% 241% 297% 24,000 6,39,500 5,42,614 8,47,434 11,99, % 197% 248% 307% 48,000 12,79,000 11,05,899 17,27,152 24,45, % 199% 251% 310% DISCLAIMERS This policy is underwritten by Birla Sun Life Insurance Company Limited (BSLI). This is a non-participating traditional pension plan. All terms & conditions are guaranteed throughout the policy term except for the Survival Benefit which will vary based on the prevailing yield on 10-year Government of India Securities. BSLI reserves the right to recover levies such as the Service Tax and Education Cess levied by the authorities on insurance transactions. If there be any additional levies, they too will be recovered from you. This brochure contains only the salient features of the plan. For further details please refer to the policy contract. Tax benefits are subject to changes in the tax laws. Insurance is the subject matter of the solicitation. For more details and clarification call your BSLI Insurance Advisor or visit our website and see how we can help in making your dreams come true.

16 Call Toll-free: sms ASSURE to Regd. Office: One Indiabulls Centre, Tower 1, 15th & 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinston Road, Mumbai Reg. No. 109 Unique No.: 109N043V01 ADV/ 04/08-09/ 3291 VER 2/SEPT/ 2009