lone time investment with Tax Benefits** th

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1 lweal creation along wi life coverage lone time investment wi Tax Benefits** lpartial Widrawal facility from 6 policy year onwards lpotential safeguard of funds near maturity wi Safety Switch Option lloyalty Additions from 6 policy year onwards The Linked Insurance Products do not offer any liquidity during e first five years of e contract. The policyholder will not be able to surrender / widraw e monies invested in Linked Insurance Products completely or partial till e end of e fif year.

2 In is policy, e investment risk in investment portfolio is borne by e policyholder Planning for your Financial Goals You want to be financially comfortable and ensure at you have adequate funds in place to fulfill your dreams and to enjoy your life. Your living expenses and financial goals vary wi different stages of your life, wheer saving for retirement, raising a child or simply having e financial freedom to do as you want. Now, wi Canara HSBC Oriental Bank of Commerce Life Insurance Smart One Pay Plan, you can ensure at your financial goals are fulfilled wi e advantages of securing your family s financial future in your absence. What is Smart One Pay Plan? Smart One Pay Plan is a single premium unit linked non-participating endowment insurance plan. Smart One Pay Plan helps you meet your protection and investment needs and aims to generate weal by investing in e funds of your choice along wi provision of life cover. This plan gives you e ability to pay only once, at is, a single premium at e beginning of your policy and provides you life cover roughout e policy term as chosen by you. Why Smart One Pay Plan? Smart One Pay Plan is designed to cater to your need of weal creation along wi life coverage and tax benefits. It helps you save for your specific dreams wi e ability of paying a one-time premium and getting life cover roughout e policy term. You get e option of choosing 5 funds wi different asset classes and also unlimited switches between em. This option can help you manage your asset allocation particularly in times of market volatility. Smart One Pay Plan allows Partial widrawals in case you need money post e lock-in period of 5 years. It allows you to choose Auto Fund Rebalancing option (at no additional cost) to maintain allocation of your investments in a specific proportion across funds, irrespective of market movements. The plan offers Safety Switch Option which allows you to potentially safeguard your funds as e policy nears maturity. You can own is plan provided you (e policyholder) are at least 18 years old and e life assured (whose life is insured under e plan) is between age 7 and 70 years. You can select any policy term from 5 years to 25 years such at age of e life assured at maturity should be minimum 18 years and maximum 80 years. 3 Easy Steps to Own your Smart One Pay Plan 1 Step 1: Choose your single premium The minimum single premium in is plan is `1,00,000. There is no limit on e maximum single premium. (Subject to underwriting acceptance as per Board Approved Underwriting Policy of e Company). Step 2: Choose your life cover (Sum Assured) You can choose your life cover from 1.25 times single premium to 10 times single premium. However, life cover greater an 1.25 times and up to 10 times single premium is available only for e specific ages as per e table below (depending upon e chosen policy term). 12 Age at entry (Subject to minimum maturity age of 18 years and maximum maturity age of 80 years): Sum Assured Policy Term 5 years 6-10 years years years years Greater an 1.25 times and up to 10 times Single Premium equal to age 42 equal to age 38 equal to age 35 equal to age 33 equal to age times Single Premium All ages upto 70 years Step 3: Choose your investment fund/s You can choose any of e following 5 funds or a combination at policy inception as per your risk appetite. Fund Name Fund Philosophy Asset Allocation Risk Profile II Fund To generate long-term capital appreciation from active management of a portfolio invested in diversified equities. Debt Securities 60%-100% - 0%-40% High Grow Plus Fund To achieve capital appreciation by investing predominantly in equities, wi limited investment in fixed income securities. Debt Securities 50%-90% 10%-50% 0%-40% Medium to High Balanced Plus Fund To generate capital appreciation and current income, rough a judicious mix of investments in equities and fixed income securities. Debt Securities 30%-70% 30%-70% 0%-40% Medium Debt Plus Fund To earn regular income by investing in high quality debt securities. Debt Securities - 60%-100% 0%-40% Low to Medium Liquid Fund To generate reasonable returns commensurate wi low risk and a high degree of liquidity. Debt Securities* - 0%-60%* 40%-100% Low *Debt Securities under Liquid Fund will comprise only of short-term securities.

3 How is my family protected in case of an unfortunate event? 17 2 In case of dea of e life assured, e claimant will receive higher of e fund value and e sum assured (less applicable partial widrawals). In case of dea of life assured when he/she is a minor, dea benefit would be paid to e policyholder. The dea benefit under all 18 circumstances will not be less an 105% of e single premium except in case of suicide in first policy year. The plan offers many features and flexibilities as explained below: What are e advantages of Smart One Pay Plan? 3 a) Auto Funds Rebalancing : If you wish to maintain allocation of your investments in a specific proportion across funds, irrespective of market movements, you can do so rough Auto Funds Rebalancing. Once opted, after every 3 mons, it automatically rebalances e allocation of your investments in various funds to e allocation proportions chosen by you. For example, if you wish to stay invested in e ratio of 50 : 25 : 25 in II Fund, Balanced Plus Fund and Debt Plus Fund; en at e end of every 3 mons from e date of commencement of Auto Funds Rebalancing, your total fund value shall be rebalanced as per e chosen ratio of 50 : 25 : 25 in II Fund, Balanced Plus Fund and Debt Plus Fund. 4 b) Safety Switch Option : As your policy nears maturity, you may want to avoid market movements and safeguard your funds. The Safety Switch Option enables you to move your funds systematically to a relatively low risk Liquid Fund in e last four policy years. The following table shows e proportion of investment in Liquid and oer funds, for e last four policy years: Beginning of Allocation in Liquid Fund Allocation in Funds oer an Liquid Fund Four last policy year 30% 70% Third last policy year 60% 40% Second last policy year 90% 10% Last policy year 100% 0% c) Loyalty Additions: Your fund value will be enhanced by Loyalty Additions as per table below. The Loyalty Additions will be added at end st of each policy mon, starting from 61 policy mon till e end of e policy term and will be a percentage of fund value. Policy mon st 61 to 120 st 121 till end of policy term Loyalty Additions per mon as a percentage of fund value 0.025% 0.06% ` onwards. The minimum amount at you can widraw is ` 10,000 and e maximum is such at e fund value after widrawal is at least equal to 25% of e single premium. 5 d) Partial Widrawal : You can make partial widrawals (in multiples of 1000) for any unforeseen contingency, from 6 policy year For example, if your single premium is ` 10 lacs and e fund value at e time of widrawal is ` 12 lacs, you can widraw up to ` 9.5 lacs (` 12 lacs ` 9.5lacs = ` 2.5 lacs (25% x ` 10lacs)). e) Fund Switching: You can switch some or all of your investments from one fund to anoer at any time during e policy term and in any number of times at zero charge. The minimum amount at you can switch is ` 10, f) Change in sum assured : You can increase or decrease your sum assured from e 6 policy year onwards. This facility is available once in every policy year subject to maximum of 3 times during e policy term. 7 g) Settlement Option : You can opt for settlement option any time at least 3 mons before e end of e policy term. You will receive your money in installments as per e frequency chosen by you over a maximum period of 5 years. There will not be any life cover during is period and you may opt for complete widrawal of fund value at any time during is period. Units from e applicable funds will be cancelled at e time of installment payouts. Only Fund management charges shall be deducted as applicable on e remaining funds. There are no charges oer an fund management charges during e settlement period. 8 h) Tax Benefit : You can avail tax benefits on premiums paid and e benefit paid out under e policy, subject to e applicable provisions of Section 80C and Section 10(10D) respectively, of e Income Tax Act, What will I receive at maturity? Your policy will mature at e end of e policy term as chosen by you at inception. You will receive e fund value based on e prevailing NAVs at maturity. **Tax Benefits under e policy will be as per e prevailing Income Tax laws and are subject to amendments from time to time. For tax related queries, contact your independent tax advisor

4 Illustrative Example Mr. Bahri, age 45 chooses to pay a single premium of ` 10,00,000/- as shown below. He opts for a Sum Assured of 125% of e single premium. The table below shows maturity values assuming annual gross investment return of 4% and 8% wi 100% investment in II Fund. Single Premium (`) Sum Assured (`) Assuming Gross Investment Return for a 15 year Term (`) 4% p.a. 8% p.a. 10, 00,000 12, 50,000 14,35,084 25,46,659 The assumed rates of return (4% p.a. and 8% p.a.) shown in e above illustrative example are not guaranteed and ey are not e upper or lower limits of what you might get back as e value of your policy depends on a number of factors including future investment performance. The fund values shown in e above illustrative example are after deduction of all applicable charges and service tax including cess (@12.36%). What happens in case e policy is surrendered? You can surrender your policy at anytime during e policy term. On surrender, e risk cover will expire. The surrender value is e fund value net of surrender charges as provided below. If e policy is surrendered wiin e first 5 policy years, on e date of surrender of e policy e surrender value will be transferred to e Discontinued Policy Fund and Proceeds of e Discontinued Policy Fund will be paid to you only after completion of e 5 policy year provided at no dea claim has been made. If surrender request is received after completion of 5 policy years, e fund value will be paid immediately and e policy will be terminated. Minimum Guaranteed Interest Rate means e rate applicable to e Discontinued Policy Fund as declared by e Auority from time to time. The current minimum guaranteed interest rate shall be 4 percent per annum. Proceeds of e Discontinued Policy Fund means e Fund Value (less applicable Discontinuance Charges) as on e date of surrender of e policy after addition of interest computed at e Minimum Guaranteed Interest Rate. The excess income earned in e Discontinued Policy Fund over and above e Minimum Guaranteed Interest Rate shall also be apportioned to e Discontinued Policy Fund in arriving at e proceeds of e discontinued policy fund and shall not be made available to e Shareholders. The investment and risk profile of Discontinued Policy Fund will be as follows: Fund Name UL Discontinued Policy Fund^ Fund Philosophy Asset Allocation Risk Profile To generate reasonable returns on funds from discontinued policies determined in accordance wi e Regulations * Govt. Securities* * - 60%-100%* 0%-40%* Low ^ Only available in case of surrender of a policy during e first five policy years. * These are subject to revision as guided by Regulator from time to time What are e charges under Smart One Pay Plan? a) Premium Allocation Charge shall be deducted upfront, and will be levied rough reduced premium allocation to e fund. This charge will be as follows:- Single Premium(`) 100,000 to less an 500, ,000 & Above Allocation Charge (as a percentage of single premium) 3% 2% b) Fund Management Charge (FMC) of 1.35% p.a. will be charged on all funds except Liquid fund where e FMC will be 0.80% p.a. and Discontinued Policy Fund where e FMC will be 0.50% p.a. FMC for e Liquid Fund may be revised up to 1.35% p.a., wi prior approval of IRDAI. This charge is levied by adjustment to e fund NAV on a daily basis. c) Policy Administration Charge of 0.36% p.a. of e single premium. This charge will be deducted at e beginning of each policy mon st from 1 policy year onwards till e end of 5 policy year, subject to maximum of `500 per mon. This charge is levied by cancellation of units for equivalent amount.

5 9 d) Partial Widrawal Charge will be ` 250 per partial widrawal. However, first 4 partial widrawals in a policy year are free of charge. This charge can be revised to maximum ` 500, wi prior approval of IRDAI. e) Surrender Charge: This charge is levied on e fund value where e policyholder opts for complete widrawal of e contact. The surrender/discontinuance charges for is product are stated below. Policy is discontinued during e policy year Discontinuance charges (SP Single Premium, FV Fund Value) 1 Lower of 1% *(SP or FV) subject to maximum of ` 6,000 2 Lower of 0.5% *(SP or FV) subject to maximum of ` 5,000 3 Lower of 0.25% *(SP or FV) subject to maximum of ` 4,000 4 Lower of 0.1% *(SP or FV) subject to maximum of ` 2,000 5 NIL f) Mortality Charge will be deducted at e beginning of each policy mon by cancellation of units. The amount of e charge taken each mon depends on life assured s age and Sum at Risk. Sample standard mortality rates applicable (per annum Per ` 1,000 of Sum at Risk ) in is plan are as follows: 11 Age Male Female Please note at e mortality charge increases in line wi e Sum Assured chosen by you. The effect of is charge on e fund value is more at higher ages. g) Taxes: All e charges mentioned above are subject to applicable service tax and cess and shall be borne by e policyholder. The Premium Allocation Charge, Policy Administration Charges, Fund Management Charge (except Liquid Fund) and Mortality Charges mentioned above are guaranteed during e term of e plan. All ese charges except Premium Allocation & Fund Management charges will be deducted rough cancellation of units. Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited is a company formed jointly by ree leading financial organizations - Canara Bank and Oriental Bank of Commerce, which are two of India s largest nationalized banks in terms of aggregate business, along wi HSBC Insurance (Asia Pacific) Holdings Limited. The shareholding pattern of e Joint Venture is Canara Bank: 51%, HSBC Insurance (Asia Pacific) Holdings Limited: 26% and Oriental Bank of Commerce: 23%. Our aim is to provide you wi a transparent range of life insurance products backed by excellent customer service and ereby, making your life simpler. 1. In is plan, only single premium payment mode is allowed. About Us Key Terms and Conditions 2. In case of dea of life assured before age 60, partial widrawals in e preceding 2 years would be deducted from Sum Assured. If e dea of life assured happens on or after age 60, all partial widrawals made post attaining age 58 would be deducted from Sum Assured. 3. Auto Funds Rebalancing: You can choose is option at inception or anytime later during e policy term. Auto Funds Rebalancing will cease to exist in case a switch is exercised. In case you want to continue wi Auto Funds Rebalancing, you will be required to submit a fresh request to opt in e feature again. If you opt for partial widrawal, Auto Fund Rebalancing will apply on e balance funds after widrawal. Furer, Auto Fund Rebalancing and Safety Switch Options will not be exercisable simultaneously. Hence, Auto Fund Rebalancing will cease to exist once safety switch option is operational- in e last 4 policy years. 4. Safety Switch Option (SSO): SSO option is available only if your policy term is 10 year or more however you can choose is option at inception or anytime later in e policy. If you opt for partial widrawal, is option will be exercised on e balance funds after widrawal. Furer, auto fund rebalancing and safety switch option will not be exercisable simultaneously. Hence, auto fund rebalancing will cease to exist once e latter is operational. You cannot choose is option in e last 4 policy years. While SSO is operational, switching can be exercised amongst e funds oer an e liquid fund wiout impacting SSO. During is time switching in or out of e liquid fund will stop SSO. The total fund value (including funds in liquid and oer funds) will be rebalanced four times at yearly intervals, such at e proportion of funds is as mentioned in e table. Therefore, e funds in e oer an liquid fund category will remain in e same proportion bo before and after e SSO related rebalancing.

6 5. In case life assured is a minor, partial widrawal will be allowed once he/she attains age 18 years. 6. Request for any alteration in sum assured should be given at least 2 mons prior to policy anniversary and will be effective only from e policy anniversary following e date on which you have made your request. Option to increase e Sum Assured is not available for minors or persons above 50 years of age. Increase/decrease in Sum Assured is subject to underwriting acceptance and minimum and maximum Sum Assured limits stipulated under is plan. 7. Settlement Option: All investment risk related to unit price movements will be borne by you. Furer, only fund management charges as applicable will continue to be levied during is period. No Switching, Partial widrawal or Auto fund rebalancing, will be available during is period. You can choose Monly, Quarterly, Half yearly or Yearly frequency for installment payouts. 8. Tax Benefit: Tax Benefits under e policy will be as per e prevailing Income Tax laws and are subject to amendments from time to time. For tax related queries, contact your independent tax advisor. 9. Unused free partial widrawals cannot be carried forward to e next policy year and partial widrawals, which would result in immediate termination of e policy, will not be allowed. 10. The Sum at Risk (SAR) on a given date for calculation of mortality charges is calculated as follows: i) SAR for Life Assured from e age of 7 years to less an 60 years is (higher of: a) Sum Assured less Partial Widrawals in e preceding 2 years less Fund Value as on at date or b) 105% of single premium less fund value or c) Zero). ii) SAR for Life Assured for e age of 60 years and above is (higher of: a) Sum Assured less Partial Widrawals post attaining age of 58 less Fund Value as on at date or b) 105% of single premium less fund value or c) Zero). 11. The definition of age is age last birday. 12. These age boundary conditions are only applicable for policies issued wi standard mortality rates. 13. Risk commencement date under is plan will be date of underwriting acceptance subject to realization of premium. 14. Net Asset Value calculation: NAV shall be calculated on all Business Days in accordance wi e Auority's guidelines in force from time to time. As per e present guidelines in force, NAV is computed as follows: {(Market Value of investment held by e fund + Value of Current Assets) - Value of Current Liabilities & provisions, if any}/ Number of Units existing on Valuation Date (before creation/redemption of Units) 15. Transaction requests (including switches, partial widrawals etc) received before e cutoff time of 3.00 P.M. will be allotted e same business day s NAV and e ones received after e cutoff time of 3.00 P.M. will be allotted next business day s NAV. The cutoff time will be as per prevailing IRDAI guidelines. 16. Assignment and Nomination are permitted under is policy as per Section 38 and Section 39 respectively of e Insurance Act, 1938 as amended from time to time. 17. The term claimant in is Sales Literature means e Policyholder, however for e purposes of payment of dea benefit Claimant means e following person(s): (i) Where e Policyholder and Life Assured are different, Claimant shall be e Policyholder, (ii) Where policyholder and Life Assured are same, Claimant shall be e Nominee (s), (iii) Where Policyholder and Life Assured are same and ere is no Nominee(s), en Claimant shall be e Policyholder s legal heir or legal representative or e holder of a succession certificate. 18. Suicide exclusion: In case of dea due to suicide wiin 12 mons from e date of inception of e policy, e claimant shall be entitled to fund value as available on e date of dea. Any charges recovered subsequent to e date of dea shall be paid back to claimant along wi e fund value as on e date of dea. 19. Free look period: The policyholder has e right to cancel e policy wiin 15 days from e date of receipt of e policy document, in case he/she does not agree wi e terms and conditions of e policy. If e policyholder cancels e policy during free look period, e Company will refund e fund value on e date of cancellation plus e un-allocated premium plus any charge deducted by cancellation of units, after deducting proportionate risk charges for e period of insurance cover and expenses incurred on medicals if any and stamp duty. 20. The term NAV in is Sales Literature refers to Unit Price. 21. Auto termination: After completion of lock-in period, if at any time during e policy term e Fund Value is insufficient to deduct monly charges due to cancellation of units, or becomes equal to zero, en is policy shall terminate automatically. The remaining Fund Value (if any) as on e date of such termination shall be payable to you. 22. During e lock-in period of 5 years, if dea happens after e policy has been surrendered, e Proceeds of e Discontinued Policy Fund as on e date of intimation of dea shall be payable. Section 41 of e Insurance Act, 1938 (as amended from time to time): (1) No person shall allow or offer to allow, eier directly or indirectly, as an inducement to any person to take out or renew or continue an insurance in respect of any kind of risk relating to lives or property in India, any rebate of e whole or part of e commission payable or any rebate of e premium shown on e policy, nor shall any person taking out or renewing or continuing a policy accept any rebate, except such rebate as may be allowed in accordance wi e published prospectuses or tables of e insurer:

7 Provided at acceptance by an insurance agent of commission in connection wi a policy of life insurance taken out by himself on his own life shall not be deemed to be acceptance of a rebate of premium wiin e meaning of is sub-section if at e time of such acceptance e insurance agent satisfies e prescribed conditions establishing at he is a bona fide insurance agent employed by e insurer. (2) Any person making default in complying wi e provisions of is section shall be liable for a penalty which may extend to ten lakh rupees. Section 45 of e Insurance Act, 1938 as amended from time to time will be applicable. For full text of e provisions of is Section, please contact e Company or refer to our website Disclosures and Risk Factors: Linked Insurance products are different from traditional insurance products and are subject to risk factors. The premium paid in Linked insurance policies are subject to investment risks associated wi capital markets and e NAVs of e units may go up or down based on e performance of e fund and factors influencing e capital market and e insured is responsible for his / her decisions. Linked Funds are subject to market risks and ere is no assurance or guarantee at e objective of e investment fund will be achieved. Past performance of e investment funds do not indicate e future performance of e same. Investors in e scheme are not being offered any guaranteed / assured returns. Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited is only e name of e insurance company and Canara HSBC Oriental Bank of Commerce Life Insurance Smart One Pay Plan is only e name of e linked insurance contract and does not in any way indicate e quality of e contract, its future prospects or returns. The various funds offered under is contract are e names of e funds and do not in any way indicate e quality of ese plans, eir future prospects and returns. The SFIN (Segregated Fund Index Number) for: II Fund is ULIF00607/01/10EQUTYIIFND136, Grow Plus Fund is ULIF00913/09/10GROWTPLFND136, Balanced Plus Fund is ULIF01013/09/10BLNCDPLFND136, Debt Plus Fund is ULIF01115/09/10DEBTPLFUND136, Liquid Fund is ULIF00514/07/08LIQUIDFUND136 & Discontinued Policy Fund is ULIF01319/09/11POLDISCFND136. Please know e associated risks and e applicable charges, from your insurance agent or e intermediary or policy document issued by e insurance company.

8 Canara HSBC Oriental Bank Of Commerce Life Insurance Company Limited (IRDAI Regn.No.136) Registered Office: C31 and C32, first floor, Connaught Circus, New Delhi Corporate Office: Unitech Trade Centre, 2nd Floor, C-Block, Sushant Lok, Phase-1, Sector-43, Gurgaon , Haryana, India Corporate Identity No.: U66010DL2007PLC Website: Call: / (BSNL/MTNL) SMS: customerservice@canarahsbclife.in BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS. IRDAI clarifies to public at: IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums. IRDAI does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along wi details of e phone call, number. Canara HSBC Oriental Bank of Commerce Life Insurance Smart One Pay Plan is a Non-Participating Unit Linked Plan. Trade Logo of Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited is used under license wi Canara Bank, HSBC Holdings plc and Oriental Bank of Commerce. Insurance is e subject matter of e solicitation. This product brochure gives only e salient features of e plan and it is indicative of terms and conditions. This brochure should be read in conjunction wi e benefit illustration and e Terms & Conditions for is plan available on our website. UIN: 136L030V01 NLBRONJCANSMOV1FEB15 ENG