HDFC Life Click 2 Invest ULIP (UIN: 101L100V01)

Guide to Mortality Charges This section aims to make you understand what Mortality
Charges in unit-linked products is and how we compute it. It is (as defined by IRDA vide
Circular No. 032/IRDA/Actl/Dec-2005):
1. Mortality Charge: This is the cost of life insurance cover. It is exclusive of any expense
loadings levied either by cancellation of units or by debiting the premium but not both. This
charge may be levied at the beginning of each policy month from the fund.
We compute the monthly charge for any benefit using the following formula:
Charge amount =

1000
12

Here,
Charge Rate (attained age) = Charge Rate applicable for the month depending on the
attained age of the life assured on the day of calculation of charge amount
Sum at Risk = Value of the part of the risk benefit that the company is liable to pay if
claim is reported.
We deduct these charges every month by de-allocating units proportionately from all funds
that your money is invested at the time of deduction of charge.
Risk Benefit Charge Rates (per 1000 Sum at Risk)
Age Last Birthday

Mortality Charge Rate

Age Last Birthday

Mortality Charge Rate

0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18

4.4450
3.8965
2.9345
2.2115
1.6700
1.2650
0.9640
0.7440
0.5900
0.4915
0.4400
0.4280
0.4475
0.4905
0.5485
0.6135
0.6800
0.7430
0.7995

38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56

1.5490
1.6670
1.8025
1.9590
2.1400
2.3495
2.5925
2.8735
3.1970
3.5665
3.9825
4.4435
4.9455
5.4830
6.0505
6.6425
7.2555
7.8880
8.5425

19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37

0.8480
0.8875
0.9185
0.9425
0.9605
0.9735
0.9840
0.9935
1.0035
1.0165
1.0335
1.0555
1.0835
1.1190
1.1635
1.2175
1.2820
1.3580
1.4465

57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75

9.2250
9.9435
10.7090
11.5335
12.4305
13.4140
14.4965
15.6905
17.0085
18.4615
20.0610
21.8185
23.7455
25.8545
28.1590
30.6730
33.4120
36.3940
39.6370