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ABSLI Group Superannuation

Aditya Birla Sun Life Insurance presents Group Superannuation Plan, a plan that provides you with dual benefits of offering security to your employees and growth on their investments.​​
 
 
PLAN AT A GLANCE
 
ABSLI Group Superannuation is a defined contribution, group unit linked pension product. It is offered to employer-employee groups for the management of their assets under superannuation schemes. The employer, trust or sponsor is the policyholder and the members of the pension scheme are the lives insured.
 
 
 
ELIGIBILITY

 
Minimum Group Size
10 members
Minimum Age at Entry
18 years
Maximum Age at Entry

As per scheme rules /74 years

Maximum Age at Maturity
As per scheme rules /75 years
Policy Term
Annually Renewable
Minimum Premium
Rs.10,000/ No upper limit

 

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Disclaimer
This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This is a non-participating group unit linked plan. Aditya Birla Sun Life Insurance -ABSLI Group Superannuation Plan–Self-Managed Option and LifeCycle Option are only the names of the Company, Policy and Investment Options and do not in any way indicate their quality, future prospects or returns. Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors. The names of the funds offered in this plan do not in any way indicate their quality, future prospects or returns. The charges are guaranteed throughout the term of the policy unless specifically mentioned and subject to IRDA of India approval. The value of the segregated fund reflects the value of the underlying investments. These investments are subject to market risks and change in fundamentals such as tax rates etc. affecting the investment portfolio. The premium paid in Unit Linked Life Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of the fund and factors’ influencing the capital market and the insured is responsible for his or her decision. There is no guarantee or assurance of returns from the segregated funds. ABSLI reserves the right to recover levies such as the goods and service tax levied by the authorities on insurance transactions. If there be any additional levies, they too will be recovered from you. This brochure contains the salient features of the plan. For further details please refer to the policy contract. Tax benefits are subject to changes in the tax laws. Insurance is the subject matter of the solicitation. Aditya Birla Sun Life Insurance Company Limited (Formerly Birla Sun Life Insurance Company Limited) Registered Office: One Indiabulls Centre Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. IRDAI Reg No.109 CIN: U99999MH2000PLC128110 ADV/2/19-20/1695 VER1/FEB/2020
UIN No. : 109L097V02