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In case life insured / policy holder is unable to pay the policy premiums due to a disability, critical illness or an untimely demise, all future premiums of the base plan and the attached riders will be paid by ABSLI and all policy benefits will continue.



Life is uncertain and you never know what is stored for you in future. There are many compelling reasons to purchase life insurance, but what would happen to your coverage in the event of an accident or unexpected illness. Aditya Birla Sun Life Insurance Waiver of Premium rider ensures your insurance benefits continue if you are unable to pay the premiums in the event any unforeseen calamities.

Eligibility Criteria

Entry Age 18 – 65 years Maximum age at the end of rider term is 70 years
Rider Term Same as that of the base policy or till the attained age 70 of the proposer, whichever is earlier.
Premium Paying Term Same as Rider Term
Pay Mode Same as base policy

You may opt for this rider only at the time of policy issue.


If you are unable to pay your premium in the event of financial difficulties arising due to the following:

  • Proposer becomes completely disabled due to an illness or accident
  • Proposer is diagnosed with any of the specified critical illnesses
  • Death of the proposer (if not the life insured)

then, In case of non-linked base policy, the benefits under the base policy and all riders to which this rider is attached shall remain intact with no future premiums payable by you. In case of unit linked base policy, ABSLI shall pay all the future premiums of the base policy and all riders to which this rider is attached.

The benefit under this rider is payable only when the base policy is in force. The cover under this rider will cease after a claim under this rider is paid, however, the cover under the base policy /other rider/s will continue.

There are exclusions attached to this Rider. The life insured will not be entitled to any benefits if a covered critical illness or disability results either directly or indirectly due to, or caused, occasioned, accelerated or aggravated by any of the exclusion mentioned in the brochure in the exclusion section. For more details on exclusions, please read ABSLI Waiver of Premium rider brochure or visit our website before concluding

This rider is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This single pager contains only the salient features of the rider. Tax benefits are subject to changes in the tax laws. For further details please refer to the rider policy contract or call your ABSLI Insurance Advisor or visit our website and see how we can help in making your dreams come true. For more details on risk factors, terms and conditions, please read the rider sales brochure carefully before concluding the sale. 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/12/19-20/1351 VER1/DEC/2019
UIN: 109C017V03