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EFU Life Assurance Ltd.

Illustration Of Benefits for 'Prosperity For Life'


Prepared for: Mr. QAISER KHAN
Basic Details:

30/01/1992

Date of Birth of: Mr. QAISER KHAN

Age: 24

Expected Commencement Date: 01/03/2015


Reference No:

1074 - ( 2.0.0.0 )

Coverage Details:

Currency: Rupees

Mode: Annual

Type: Indexed Premium Compound

Death Benefit: Option 2

Sum Assured

Prosperity for Life [Protection Multiple =30]


Accidental Death and Disability Benefit

Premium

Term

1,800,000

Whole of Life

60,000

1,800,000

20

2,700

Waiver of Premium

1,254

20

Rs.63,954

Total Annual Premium


Table 1:Illustrative Values

All benefits are at the end of policy year


7% p.a Rate of Return

Policy
Year

Cumulative Main
Plan Premium Paid

Main Plan Death


Benefit

11% p.a Rate of Return

9% p.a Rate of Return

Cash Value

Main Plan Death


Benefit

Cash Value

Main Plan Death


Benefit

Cash Value

60,000

1,815,008

15,008 *

1,815,293

15,293 *

1,815,577

123,000

1,863,305

63,305

1,864,811

64,811

1,866,328

15,577 *
66,328

189,150

1,923,331

123,331

1,927,288

127,288

1,931,318

131,318

258,608

1,996,412

196,412

2,004,390

204,390

2,012,605

212,605

331,538

2,076,803

276,803

2,090,626

290,626

2,105,028

305,028

408,115

2,167,399

367,399

2,189,223

389,223

2,212,235

412,235

488,521

2,266,720

466,720

2,299,029

499,029

2,333,512

533,512

572,947

2,375,481

575,481

2,421,122

621,122

2,470,437

670,437

661,594

2,494,353

694,353

2,556,581

756,581

2,624,656

824,656

10

754,674

2,624,110

824,110

2,706,628

906,628

2,798,037

998,037

15

1,294,714

3,478,065

1,678,065

3,737,749

1,937,749

4,044,312

2,244,312

20

1,983,957

4,757,513

2,957,513

5,390,994

3,590,994

6,189,254

4,389,254

25

2,863,626

6,632,171

4,832,171

7,978,847

6,178,847

9,792,862

7,992,862

30

3,986,331

9,324,997

7,524,997

11,951,106

10,151,106

15,737,947

13,937,947

35

5,419,218

11,441,227

11,441,227

16,271,732

16,271,732

23,736,973

23,736,973

40

7,247,986

17,084,359

17,084,359

25,616,014

25,616,014

39,754,638

39,754,638

45

9,582,009

25,049,512

25,049,512

39,655,258

39,655,258

65,630,878

65,630,878

46

10,121,110

26,993,330

26,993,330

43,206,229

43,206,229

72,453,369

72,453,369

Notes:
> This is a Whole of Life contract hence a fixed maturity age is not applicable. However, an age of 70 years is used above for illustration purposes.
> The following year-wise percentages of the basic premium would be allocated for purchasing the units:
Year 1:30% - Year 2:80% - Year 3:90%- Year 4 to 5:100% -Year 6 to 10:103%- Year 11 onwards:105%
> The Illustrative Values do not take into account any partial surrenders.
> Following expenses would be charged every year for Prosperity for Life:
Fund Management Charge
Bid-Offer Spread
Administration Charge

= 0.125% of the Regular Premium Cash value and FAP cash value per month.
= 5% of the net Regular Basic Premium and Fund Acceleration Premium.
= Rs. 480 per annum (this charge only applies to the basic regular premium)

> For determining the illustrative values mentioned above, the Administration Charge is increased every year by 2% which is the average rate at which
the Company has increased its Administrative Charge in the last five years.
> Death Benefit is the sum of the Cash Value and Sum Assured, till 55 years age next birthday. From age 56 onwards the Death Benefit is greater of
Sum Assured or Cash Value.
> *The policy cannot be surrendered until two full year's premiums have been paid.
> There is an option of applying the cash value to provide an annuity. The amount of expected annual pension will depend on the investment climate
prevailing at the time when the pension is purchased.

Client:
Name:

Sales Representative:
Name:

Signature:

Date:

Signature:

Date:

EFU Life Assurance Ltd. is registered and supervised by the Securities and Exchange Commission of Pakistan.
10/03/2015
Page 1 of 3

7:10:09AM

ISO 9001:2008 Certified Company


Rated AA by JCR-VIS Credit Rating

Reference No:

1074 - ( 2.0.0.0 )

EFU Life Assurance Ltd.


Illustration Of Benefits for 'Prosperity For Life'
Prepared for: Mr. QAISER KHAN

Notes:
> Under the Inflation Protection Benefit,the Basic Regular Premium will increase every year by 5% of the prior year's premium.
> The policyholder has the option to pay Fund Acceleration Premiums from first year onwards. 100% of the Fund Acceleration Premiums are allocated to
purchase units.
> An age based mortality charge applies for the life insurance risk each year and is dependent on the sum at risk. From age 56 onwards, no mortality
charge applies in years where the cash value exceeds the sum assured.
> The 'Rate of Return' assumptions of 7%, 9% and 11% mentioned in the table(s) above are before deduction of 'Fund Management Charge'. This
charge has been deducted from the 'Rate of Return' assumption prior to determining the illustrative values in the table(s).
> The Fund Values are based on assumptions; the actual values can be higher or lower than the ones illustrated above depending upon the performance
of the underlying investments in the EFU Managed Growth Fund. The values illustrated are net of all charges.
> Under Accidental Death and Disability Benefit, an additional amount of Rs .1,800,000 is payable, if the Life Assured becomes permanently disabled or
dies by means of accident.
> Under Waiver of Premium(WOP), if the life assured becomes permanently disabled thus incapable of performing any occupation, the premium is
waived off and the policy continues in the same way as prior to disablement.
> All charges mentioned in the above notes are reviewable at the discretion of the Company.
> A description of how the contract works is given in the Policy Provisions and Conditions.
> This is the approved illustration format of the Company. Any other illustration, verbal, written or electronic, which contradicts with this illustration should
not be given any consideration and should be reported to the Company.
> The selected fund is EFU Managed Growth Fund and the investable part of basic premium will be invested in this fund. This is a balanced asset
allocation fund. Please note that Unit Linked life insurance plans are subject to investment risk factors, Investment risk in the investment fund selected by
policyholder is borne by himself, and unit prices may go up or down reflecting the market value of the underlying assets.

Declaration by Client:
I have studied the above illustration and the notes carefully and understood them fully. I also confirm that no other illustration, verbal written or electronic,
in contradiction to this illustration has been given to me.

Signature:
Name & CNIC :

Date:
Mr. QAISER KHAN & 00000-0000000-0

Address: Not Available


Declaration by Sales Representative:
I confirm that I have not made any verbal, written or electronic presentation which is in contradiction to this illustration. I also confirm that I have not
misled or deceived the prospective client in any way.
In case of any misconduct on my part, the Company and I shall be responsible for any loss to the prospective client. In such circumstances, SECP shall
have the authority to take any action in light of the Insurance Ordinance 2000.

Date:

Signature:
Sales Consultant Code:
Name & Designation :

&

EFU Life Assurance Ltd. is registered and supervised by the Securities and Exchange Commission of Pakistan.
10/03/2015
Page 2 of 3

7:10:10AM

ISO 9001:2008 Certified Company


Rated AA by JCR-VIS Credit Rating

Reference No:

EFU Life Assurance Ltd.


Application for Fund Selection
(For New Business Only)

1074 - ( 2.0.0.0 )

Full Name of Proposed Life Assured :


CNIC No.:

00000-0000000-0

Name of Plan:

Prosperity for Life

Mr. QAISER KHAN

(Option 2 )

1. I hereby agree to select the following Fund in connection with my Proposal & Declaration for Life Assurance:

(Please tick one)

Fund

EFU Managed Growth Fund


EFU Guaranteed Growth Fund
EFU Aitemad Growth Fund
2. I understand, agree acknowledge that 'Unit Allocation' of current and future 'Regular Premium' and any 'Fund Acceleration Premium' will be done in
accordance with all relevant Clauses of the Standard Policy Provisions & Conditions governing the Plan I have selected . I further understand and
agree that 'Unit Allocation' would be made in the Fund selected in para 1 above.
3. I understand, agree and acknowledge that the criteria set out by the company shall determine the acceptability of my request and that the Company
shall have the right at its discretion to disallow my request if this application fails to meet the criteria prescribed by the Company from time to time.

4. I understand, agree and acknowledge that this Application would take effect only after my Proposal & Declaration for Life Assurance has been
accepted by the Company and communicated to me in writing; first premium has been received and realized at the Company's Main Office; and the
Policy Document has been issued.
5. I understand, agree and acknowledge that this Application can not be back -dated and will only take effect after issuance of the Policy by the
Company as detailed in Para 4 above.
6. I understand, agree and acknowledge that Investment Funds are subject to investment risks and the unit prices may go up or down reflecting the
market value of the underlying assets.
7. I fully agree to pay any Fees and Charges applicable to Fund Selection as determined by the Company from time to time.
8. I hereby declare that I have fully understood the above and have selected the fund mentioned in Para 1 of this Application on my own free will.
9. I understand, agree and acknowledge that this Application, once approved, shall from part of the Standard Policy Provisions and Conditions
governing the Policy with which it is attached.

Signed at

on the

day of

in the year

Signature of Proposed Life Assured


Important Notice: This Application, together with 'Proposal & Declaration for Life Assurance', shall form part of the Contract between the Proposed
Life Assured and EFU Life Assurance Ltd and will be the basis on which the policy will be issued.

EFU Life Assurance Ltd. is registered and supervised by the Securities and Exchange Commission of Pakistan.
10/03/2015
Page 3 of 3

7:10:10AM

ISO 9001:2008 Certified Company


Rated AA by JCR-VIS Credit Rating

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