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Aditya Birla Sun Life Insurance Company Limited

ABSLI Vision Star Plan

A non-linked participating life insurance plan

You always want to give your child the best of everything and protect him/her from the vulnerability and uncertainties of life. You question yourself time and again, ‘Have I done enough? Am I prepared to fulfill every single dream of my child?’

As your child grows up, he will always look up to you for support and inspiration. He may want to discover his true passion and try new things until he is sure about his career path. You will need to keep pace with his changing goals and will need a plan that gives your child the confidence to pursue and discover his/her real passion. Presenting, Aditya Birla Sun Life Insurance Vision Star Plan, that ensures that your child doesn’t miss out on opportunities due to insufficient funds.

Starting from 5th year after the premium paying term is over, you shall start receiving Assured Payouts which are pre-defined percentage of the Sum Assured chosen by you.

Option A X + 5 X + 7 X + 9 X + 11
%age of Sum Assured 20 20 30 30
Option B X + 5 X + 6 X + 7 X + 8 X + 9
%age of Sum Assured 15 15 20 20 30

Where X denotes the premium paying term

If the life insured survives, we shall pay to you the following on the maturity date

  • Accrued bonuses till date; plus
  • Terminal bonus (if any)

The policy shall be terminated once the maturity benefit is paid.

In the unfortunate event of the death of the life insured during the policy term, we will pay the nominee

  • Sum Assured on Death; plus
  • No premiums are required to be paid in future ; plus
  • Assured Payouts on the scheduled dates as explained in the Assured Payout section; plus
  • Bonuses accrued till policy maturity date and terminal bonus, if any, will be payable on policy maturity date

Sum Assured on Death is the maximum of Sum Assured chosen at inception irrespective of any guaranteed payouts paid or 10 times the Annualized premium payable.

ABSLI will declare simple reversionary bonuses regularly at the end of each financial year and that will be added to your policy on its Policy Anniversary. Future bonuses are however not guaranteed and will depend upon the future profits of the participating business.

ABSLI may also pay a terminal bonus on maturity or surrender, if earlier, based on the actual experience and the prevailing economic conditions.

If you discontinue paying premiums after having paid premiums for at least two full years, your policy will not lapse but continue on a Reduced Paid-Up basis.

For added protection, you can enhance your insurance coverage during the policy term by adding following riders for a nominal extra cost.

  • ABSLI Accidental Death and Disability Rider (UIN: 109B018V03)
  • ABSLI Critical Illness Rider (UIN: 109B019V03)
  • ABSLI Surgical Care Rider (UIN: 109B015V03)
  • ABSLI Hospital Care Rider (UIN: 109B016V03)
  • ABSLI Waiver of Premium (UIN:109B017V03)
  • ABSLI Accidental Death Benefit Rider Plus (UIN:109B023V02)

For more details on the benefits, please read the product brochure.

For more details on the benefits, please read the product brochure.

Entry Age (age last birthday) 18 – 55 years
Max Maturity Age 75 years
Minimum Policy Term For Option A - 16 years (maximum of 23 years)
For Option B - 14 years (maximum of 21 years)
Premium Paying Term 5 -12 years
Minimum Sum Assured Rs.1,00,000
Premium Frequency
Annual, Semi-annual, Quarterly and Monthly

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The Trade Logo "Aditya Birla Capital" Displayed Above Is Owned By ADITYA BIRLA MANAGEMENT CORPORATION PRIVATE LIMITED (Trademark Owner) And Used By ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED (ABSLI) under the License.
This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This is a traditional participating life insurance plan. All terms & conditions are guaranteed throughout the policy term, except for the bonuses which would be declared at the end of each financial year. GST and any other applicable taxes will be added (extra) to your premium and levied as per extant tax laws. Some benefits are guaranteed and some benefits are variable with bonuses based on the future performance of the participating business and economic conditions. If your policy offers guaranteed returns then these will be clearly marked "guaranteed" in the illustration table on this page. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding the sale. An extra premium may be charged as per our then existing underwriting guidelines for substandard lives, smokers or people having hazardous occupations etc. The insurance cover for the life insured (including minors) will commence on the policy issue date. For further details please refer to the policy contract. Tax benefits are subject to changes in the tax laws. 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 - 400013. IRDAI Reg No. 109 CIN: U99999MH2000PLC128110 ADV/2/19-20/1881 VER2/FEB/2020

UIN: 109N096V03

Toll free (Within India):

1800 270 7000

Outside India: :

+91 22 66917777

(Call charges apply)

Between 9 am to 9 pm, All 7 Days

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