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The feature will be an optional feature and investor may or may not opt for the feature.

60 Years less the current completed age of the investor.

Under following 3 circumstances CSIP will be deemed discontinued:

• Investor intimates the AMC to discontinue CSIP, or
• Investor defaults CSIP installments for two consecutive months during the tenure of the CSIP, or
• Investor defaults CSIP installments for four separate occasions (months) during the tenure of the CSIP

Note - There will be no provision to revive the CSIP, once discontinued.

Load Structure under CSIP would be:

Entry Load^ - NIL

Exit Load* - Exit load of 2.00% of applicable NAV is payable if units allotted under Century SIP are redeemed / switched out within 1 year from the date of allotment. Exit load of 1.00% of applicable NAV is payable if units allotted under Century SIP are redeemed / switched out after 1 year but upto 3 years from the date of allotment. Nil: If units allotted under Century SIP are redeemed / switched out after 3 years from the date of allotment.

** In the unfortunate event of death of the investor, nominee or joint holder, as the case may be, may redeem the amount (fund value) without paying any exit load.

In the unfortunate event of the demise of an investor during the tenure of the CSIP, the life insurance company will pay to the nominee, assigned by the investor,

• Year 1 – 10 times the monthly CSIP installment
• Year 2 – 50 times the monthly CSIP installment
• Year 3 onwards – 100 times the monthly CSIP installment

All the above mentioned limits are subject to maximum cover of Rs. 25 lacs per investor across all schemes/plans/folios.

• CSIP discontinues before 3 years : Insurance cover stops immediately
• CSIP discontinues after 3 years: Insurance cover equivalent to the value of units, allotted under CSIP, at the start of the each policy year subject to a maximum of 100 times the monthly installment.

* Fund Value = Value of units, accumulated under Century SIP, at start of the each policy year

Note – Insurance cover would cease , if investor redeems (fully / partially) or switch out (fully / partially) units before completion of the Century SIP tenure

Century SIP SIP Continues SIP Stops Scenario SIP Continues upto Maturity (60 yrs of age)

Life cover continues upto age 60 & ceases thereafter Scenario

SIP continuing & unfortunate event of death happens

Nominee is paid the Sum Insured + the Fund Value Scenario SIP discontinues before 3 years from the date of 1st installment

Life cover ceases Scenario SIP discontinues after 3 years from the date of 1st installment

Life cover continues @ fund value* subject to maximum of 100 times Monthly SIP Installment

The Insurance cover will start from the commencement of CSIP. However, only accidental deaths will be covered for the first 45 days.

The insurance cover shall cease upon occurrence of any of the following:

• At the end of the tenure i.e. upon completion of 60 years of age, or
• Discontinuation of CSIP before 3 years from the commencement of the SIP, or
• Investor redeems (fully or partly) / switches-out (fully or partly) units, purchased under CSIP, before completion of the CSIP tenure

Note -There is no provision for revival of insurance cover, once the insurance cover ceases as stated above.

No insurance cover shall be admissible in respect of death of the unit holder (the insured person) on account of -

• Death due to suicide in the first year
• Death within 45 days from the commencement of CSIP installments except for death due to accident
• Death due to pre-existing illness, disease(s) or accident which has occurred prior to the commencement of CSIP.

No, at the time of investment, investor will not be asked for any additional document for availing the facility.

Mode of payment of CSIP installments is through Netbanking and NACH mandate

• The Group Life Insurance Cover will be governed by the terms and conditions of the insurance policy with the relevant Insurance Company as determined by the AMC.
• Grant of insurance cover to any individual member shall be discretionary on part of Life Insurance Company.
• In case of death of the first unit holder, his / her legal representatives may file a claim directly with the designated branch of the Insurance Company supported by all relevant documents as required by the Insurer and the payment of the claim may be made to the legal representatives by the insurance company. All insurance claims will be settled in India and shall be payable in Indian Rupees only. Settlement procedure will be as stipulated by the Insurance Company. Insurance claims will be directly settled by the Insurance Company. There will be only one insurance cover linked to unique investor. This offer from the Insurance Company (with whom the AMC ties up) is being brought to the investors of the Scheme by the AMC on a best effort basis. The AMC will not be responsible or liable for maintaining service levels and/or any delay in processing claims arising out of this facility.
• The Mutual Fund, Trustees, AMC, or their Directors, officers or employees shall not be liable for any claims (including but not limited to rejection of any claim, non-settlement, delays etc.) arising out of the insurance cover provided to the unit holder. The Fund is bringing this offer to the investors of the Scheme only as an additional facility and is not acting as an agent for marketing/sales of insurance policies.
• Subject to what has been stated above, the AMC reserves a right to modify / annul the said Group Insurance Cover on a prospective basis. The AMC also reserves the right to change the insurance company from time to time.
• Charges of the insurance cover will be entirely borne by the AMC.
• Investors opting for Birla Sun Life Century SIP agree and confirm to have read, understood and accepted the Terms of Century SIP and Insurance cover.
• Insurance is subject matter of solicitation.