Dream Smart Plan

In this policy, the investment risk in investment portfolio is borne by the policyholder.

Canara HSBC Oriental Bank Of Commerce Life Insurance company's Dream Smart Plan is a unit linked endowment insurance plan that provides you the flexibility of planning for key milestones of life such as buying a house, children's higher education, a dream vacation etc. You are covered for 20 years whereas you can choose to pay premiums for 10 to 20 years as per your investment appetite. This plan provides you the twin benefit of securing your life as well as investing in the underlying funds, giving you the opportunity to make potential market returns. At the same time, it does not compromise on the security that you want to provide your loved ones.

Product Boundary
Entry Age : Your age should be 7 years and 60 years
Premium Payment Term : You can choose a payment term between 10 years and 20 years; depending on your requirement.
Policy Term : While you can pay premium for a shorter duration, you are covered for a period of 20 years.

Premium Options
This Plan offers only annual premium payment frequency. The minimum annual premium is Rs.25,000. You will have to pay this premium throughout the premium payment term chosen by you.

Loyalty Addition
1% of your fund value will be added by way of additional allocation of units at the end of the 15th policy year to boost your investments.

Investment Funds
You can choose to invest in 5 investment funds with equity exposure ranging from 0% to 100%, depending on your investment philosophy:

• Equity II fund
• Growth plus Fund
• Balanced plus Fund
• Debt plus Fund
• Liquid Fund

Partial Withdrawal
You can easily withdraw money from your fund in case of financial emergency through partial withdrawals, after 5 years.

Flexibilities
You can actively manage your investments by switching your money from one fund to another and through redirection of premiums.

You can choose from a range of life cover as per you protection needs. Also you have the flexibilities to increase or reduce your Sum assured, depending on your changing needs.

For more details on risk factors, terms & conditions, please read sales brochure carefully before concluding a sale.
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