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ABSLI Wealth Assure Plan
A unit linked life insurance plan

You have worked hard for your money, and you should always make your money work harder for you, driving its growth in high gear. Introducing, Aditya Birla Sun Life Insurance Wealth Assure Plan, a protection and savings plan that enables your wealth to grow steadily over time, giving you and your loved ones peace of mind, and providing you a secure financial future to meet your needs at different stages of life.

How does the plan work?

  • STEP 1: Choose Basic Premium and Policy Term
  • STEP 2: Choose Pay Mode
  • STEP 3: Choose Basic Sum Assured
  • STEP 4: Choose Investment Option

Key Features

  • Investment cum Insurance plan providing financial security to your loved ones and providing upside of market related returns while shielding your returns from downside risks
  • Flexibility to add top-ups whenever you have additional savings
  • Flexibility of partial withdrawals to meet any emergency fund requirements
  • Tax benefits under Section 80C and Section 10(10D) of the Income Tax Act, 1961(1)

(1)Tax benefits are subject to changes in tax laws. Please consult your tax advisor for more details.
You will be rewarded for policy continuance in the form of additional units being added to the policy.
Upon the unfortunate demise of the life insured prior to maturity, we shall pay to the nominee the Basic Sum Assured plus the Basic Fund Value as on the date of intimation of death. In addition we shall also pay the Top-up Sum Assured plus the Top-up Fund Value as on the date of intimation of death.

Death benefit shall never be less than 105% of total premiums paid to date (excluding GST).

In case where the death of the Life Insured takes place prior to risk commencement date, only the basic premiums paid (excluding GST, if any) shall be payable as the Death Benefit.

You will receive the Fund Value at maturity.

In case of emergencies, you can surrender your policy to us any time during the policy term.

For more details on the above mentioned benefits, please refer to the product brochure.

Policy Charges

The charges under this plan are Premium Allocation Charge, Fund Management Charge, Policy Administration Charge and Mortality Charge.

For more details on these charges, please refer to the product brochure.

LifeCycle Option - This option allows us to manage and administer your investment portfolio on your behalf and according to your risk profile.

Systematic Transfer Option - With this investment option, you can systematically participate and eliminate the need to time your investments into the equity market.

Self-Managed Option - You decide how to invest your money in our universe of funds.

For more details on investment options, please refer to the product brochure.

Entry Age (age last birthday) 30 days* – 65 years
Maturity Age Minimum – 18 years
Maximum – 75 years
Policy Term 10 | 15 | 20 | 25| 30 years
Premium Paying Term
5 pay
Basic Premium
Minimum Rs.1,00,000 p.a. if paid Annually
Minimum Rs.1,80,000 p.a. if paid Monthly
Top-up Premium
Minimum Rs. 5,000
Pay Mode
Annual, Monthly

*Risk commences from the first policy anniversary

Please click here to Download product brochure
Please click here to download policy contract

Disclaimer

This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This is a non-participating unit linked life insurance savings plan. Aditya Birla Sun Life Insurance and ABSLI Wealth Assure Plan are only the names of the Company and Policy respectively and do not in any way indicate their quality, future prospects or returns. The name of the funds offered in this plan does not in any way indicate their quality, future prospects or returns. 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. There is no guarantee or assurance of returns above the guaranteed returns from the investment funds. GST levied as per extant tax laws shall be deducted from the premium or from the allotted units as applicable. For more details on the risk factors, terms and conditions please read the 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/3/17-18/1990 VER1/MAR/2018


UIN: 109L076V03