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​A plan that gives you the freedom to choose how your money is invested and also gives you the option to enhance the financial security for your loved ones

 

Based on your above choices you will receive a host of benefits as below:
 
1.     Maturity Benefit: You will receive the Fund Value at maturity.
2.     Death Benefit: In the unfortunate event of the demise of the life insured prior to maturity, the nominee will receive the greater of either the Fund Value or the Basic Sum Assured, reduced for partial withdrawals as follows:
  • Before the life insured attains the age of 60, the Basic Sum Assured payable on death is reduced by partial withdrawals made in the preceding two years
  • Once the life insured attains the age of 60, the Basic Sum Assured payable on death is reduced by all partial withdrawals made from age 58 onwards In addition, the nominee will also receive the Enhanced Sum Assured, if any.
3.     Surrender Benefit: In case of emergency fund requirements, you can surrender your policy after the completion of five policy years, and receive the Fund Value at that time.
4.     Top up Premium: If you wish to increase your investment in the policy, you have the freedom to invest additional amounts to your premium as top-up premiums, anytime during the policy term, except in the five years prior to maturity and as long as all due policy premiums have been paid.
5.     Guaranteed Additions: Your policy enjoys a boost in form of additional units. For more details on the guaranteed additions, please contact your financial advisors or refer to our brochure.
6.     Partial Withdrawals: You can make unlimited partial withdrawals to meet any financial emergencies.
7.     Policy Loans: You can also avail loans on your policy.
 
Self-Managed Option: The flexibility to direct your savings in our range of 10 investment funds.
 
The Self-Managed Option gives you complete access to invest your premiums in our well established suite of 10 investment funds, ranging from 100% debt to 100% equity. You also enjoy full freedom to switch from one investment fund to another, as per your changing requirements.
 
  • Choose from our range of ten investment funds, to suit your risk appetite
  • Allocate your savings in the proportion of your choice
  • Change your allocations as per your changing requirements

 

Disclaimer
The premium paid in unit linked life insurance policies are subject to investment risk associated with capital markets and the unit price of the units may go up or down based on the performance of investment fund and factors influencing the capital market and the policyholder is responsible for his/her decisions. Tax benefits are subject to changes in the tax laws. Insurance is the subject matter of solicitation. Birla Sun Life Insurance and BSLI Classic Endowment Plan are only the names of the Company and Policy respectively and do not in any way indicate their quality, future prospects or returns. Investment risk in investment portfolio is the borne by the policyholder. For more details on risk factors , terms & conditions , please read sales brochure carefully before concluding the sale’. Regd. Office; One Indiabulls Centre, Tower 1, 16th floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai- 400013. Reg No. 109
Unique No.: 109L061V01