Birla Sunlife Dream Plan - difference between "Basic Sum Assured" and Enhanced S.A

1. 

   Anonymous
   

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   Hello,

   Regarding Birla Sunlife Dream Endowment Plan, why is the rate of premium higher on the Basic Sum Assured than that on Enhanced Sum Assured?

   For example, if I invest in a Rs.10 lakh plan, I have 2 options:-
   1. Put the whole amount under Basic Sum Assured
   2. Put Rs.3 lakhs (the approx. minimum) in BSA and the remainder Rs.7 lakhs in Enhanced Sum Assured.

   What are the risks and loopholes involved that may negatively affect the sums due in case of death, or upon maturity?

   Thanks.

   Posted 1 year ago #
2. 

   shyamsunder
   

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   Joined: Aug '09
   Posts: 17

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   The above plan will give maturity proceeds based upon Basic Sum Assured (BSA) and not on Enhanced Sum Assured (ESA). So it is advisable to place more of your fund under BSA head only.

   Death benefits payable under the plan, after Guaranteed Savings Date (GSD) will fetch proceeds based upon BSA, but on death during the GSD period, ESA along with BSA becomes payable to nominee.

   For more clearity, check this it out with your agent. Hey, do pl. come back and tell us about your agent's view.

   Posted 1 year ago #
3. 

   Anonymous
   

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   what are the differnce between birla dream retairement plan & birla dream plan what are the benifit of retairement plan why dont mention tax saver on your policy document 80c & 10(10d)
   my self samsool bary my email is samsoolbarry@hotmail.com
   so could you replay me on my email

   Posted 1 year ago #

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