Plan Smarter, Live Better!
Whole Life Insurance with Cash Bonus
Flexible Bonus Payouts
Two options for benefit payouts
Life Cover
Tax Benefits^
Give:
₹1 lakh for 6 years
Get:
₹14.48 lacs#
How to Calculate Gratuity for Private Sector Employees How to Calculate Gratuity for Private Sector Employees How to Calculate Gratuity for Private Sector Employees How to Calculate Gratuity for Private Sector Employees How to Calculate Gratuity for Private Sector Employees How to Calculate Gratuity for Private Sector Employees
ABSLI Akshaya plan is a non-linked participating individual savings life insurance plan. (UIN: 109N136V04)
#Scenario: ABSLI Akshaya Plan, Age 35, Healthy Male, Premium Payment Term: 6 years, Policy Term: 25 years, Benefit Option: Long Term Income, Premium Rs.1lakh p.a. (Rs.100,000X6), Cash Bonus Payout Frequency: Annually in Arrears, Sum Assured: Rs 710,000. Assumed @8% p.a., Cash Bonus (if declared) p.a. = Rs 23,004, Total Cash Bonus (if declared) (A)= Rs 5,75,100, Terminal Bonus (If declared) + Sum Assured (B) = Rs 8,73,300, Total Benefit (A+B) = Rs 14,48,400. Assumed @4% p.a., Cash Bonus (if declared) p.a. = Rs 8,520, Total Cash Bonus (if declared) (A)= Rs 2,13,000, Terminal Bonus (If declared) + Sum Assured (B) = Rs 7,95,200, Total Benefit (A+B) = Rs 10,08,200.
ABSLI Salaried Term Plan UIN:109N141V04 is a non-linked non-participating individual pure risk premium life insurance plan
ABSLI DigiShield Plan UIN: 109N108V13 is a non-linked non-participating individual pure risk premium life insurance plan
ABSLI Vision LifeSecure Plan UIN: 109N087V04 is a traditional participating whole life insurance plan
ABSLI Vision Endowment Plus Plan UIN: 109N092V06 is a traditional participating endowment plan
i. The risk factors of the bonuses projected under the product are not guaranteed.
ii. Past performance doesn't construe any indication of future bonuses.
iii. These products are subject to the overall performance of the insurer in terms of investments, management of expenses, mortality and lapses.
For further details regarding the above mentioned riders, please refer to the respective rider brochure(s) available on our website.
ADV/7/24-25/867
Get the latest product updates, company news, and special offers delivered right to your inbox
Stay connected for tips on insurance and investments