Skip Ribbon Commands
Skip to main content
 
​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
Classic Endowment.jpg

While you save to ensure your family's financial security, you wish for a plan that also offers you the flexibility to manage your savings as per your unique requirements. Presenting the BSLI Classic Endowment Plan - a plan that lets you channel your savings to our range of ten investment funds, to suit your investment needs, and also provides financial protection for your family.
 
This plan offers you:
 

• Choice of Policy Term and Pay Term
• Flexibility of directing your savings to 10 investment funds, as per your risk appetite
• Enhanced financial security for your loved ones

 
How BSLI Classic Endowment Plan works:
 
1.     You select your Policy Term from our options of 10 / 15 / 20 / 25 / 30 years.
2.     You select the Basic Premium you wish to pay every year.
3.     You select your Pay Term from options of 5-Pay / 10-Pay / 15-Pay / 20-Pay / To Savings Date.
4.     You have an option to choose an Enhanced Sum Assured and increase the financial security for your loved ones for a minimum amount of Rs. 50,000.
5.     You have an option to choose from our range of riders and customize your family's future financial security.
 
 
Plan Summary
 
 Policy Term
10, 15, 20, 25 and 30 years
Savings Date
Same as policy term
Entry Age   
1 year to 65 years, subject to minimum age of 18 on Savings Date
Basic Premium
Minimum Rs. 25,000 p.a. if paid annually
Minimum Rs. 30,000 p.a. if paid monthly, quarterly or semi-annually
Pay Term
Short pay – 5, 10, 15, 20 years |To Savings Date
Top-up Premium  
Minimum Rs. 5,000
Premium Payment Option
Monthly, Quarterly, Semi-annually or Annually
Enhanced Sum Assured
Minimum Rs. 50,000
Entry Age 18 to 65 years, subject to maximum age of 75 on Savings Date
 
Insurance Dictionary
 

• Premium: The periodic payments made to acquire the insurance and maturity benefits
• Policy Term: Total benefit tenure of the policy
• Policy Surrender: Voluntary closure of policy before completion of policy term
• Maturity Benefit: The final amount which the customer receives at the end of policy term
• Rider: Additional protection for an extra premium on the base policy

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