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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.


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. ABSLI Waiver of Premium Rider ensures your insurance benefits continue if you are unable to pay the premiums in the event of 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)


  • 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 aſter a claim under this rider is paid, however, the cover under the base policy /other rider/s will continue.


This rider is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI).
This brochure contains only the salient features of the rider. 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. For more details and clarification call your ABSLI Insurance Advisor or visit our website and see how we can help in making your dreams come true.

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 - 400 013. Call Centre: 1-800-270-7000 CIN: U99999MH2000PLC128110 IRDAI reg no.109 CIN: U99999MH2000PLC128110 ADV/7/20-21/690 VER2/JUL/2020
UIN: 109B017V03