ABSLI Guaranteed Milestone Plan

PROTECTING your life goals now comes with a guarantee.

Aditya Birla Sun Life Insurance Guaranteed Milestone Plan provides life cover with fully guaranteed1 financial benefits on death or maturity and helps you plan for your non-negotiable life goals.

Key Features

  • Fully guaranteed benefits on death or maturity
  • Sum Assured is 15X Annualised Premium
  • Guaranteed Additions that boost your corpus
  • Option to cover your spouse in the same policy
  • Death Benefit

    For Single life
    In case of the unfortunate demise of the life insured during the policy term, the Sum Assured on Death2 will be paid to the nominee in 10 equal annual instalments.
    2For more details regarding this benefit, refer to the brochure.

    For Joint life
    Under this option, two lives i.e. you (primary life insured) and your spouse (secondary life insured) are covered under the same policy and also jointly own the policy. The sum assured applicable for your spouse shall be equal to 20% of your applicable sum assured. You can opt for this option at the inception of the policy subject to the attained age of primary life insured and secondary life insured is less than or equal to 50 years. No rider can be opted under this option and this option cannot be discontinued except due to the unfortunate demise of either of the lives who are insured.

  • Maturity Benefit

    In the event the life insured survives to the end of the policy term, we shall pay to you

    • Sum Assured on maturity 
    • Accrued Guaranteed Additions 
  • Guaranteed Additions

    Guaranteed Additions will accrue on monthly basis to the policy on each policy month till maturity, provided all due premiums have been paid, and shall be payable in the event of death of the life insured or policy maturity, whichever is earlier. Guaranteed Additions per annum shall be determined based on the premium amount you commit to pay, premium band, sum assured, the entry age of the life insured, Joint Life Protection option and policy term chosen.

    Please refer to the product brochure for more details.

  • Customisable Benefits

    For added protection, you can enhance your insurance coverage during the policy term by adding riders for a nominal extra cost. Please refer to detailed product brochure and rider brochures for further details.

  • Entry Age (age last birthday)

    30 days5 - 60 years

  • Policy Term

    12, 14, 16, 18, 20, 22, 24 & 26 years

  • Premium Paying Term

    6 years for policy term of 12/14

    8 years for policy term of 16/18

    10 years for policy term of 20/22

    12 years for policy term of 24/26

  • Minimum Maturity Age

    18 years

  • Minimum Premium

    Rs. 15,000

  • Sum Assured

    15X Annualised Premium

  • Minimum Sum Assured

    Rs. 2,25,000

  • Minimum Maturity Sum Assured

    Rs. 90,000

  • Premium Mode

    Annual, Semi-Annual, Quarterly and Monthly


    5Risk commences from the first policy anniversary

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Riders

  • ABSLI Accidental Death and Disability Rider (UIN: 109B018V03)

    Get additional protection for accident leading to death or disability at a nominal cost.

  • ABSLI Accidental Death Benefit Rider Plus (UIN: 109B023V02)

    Get additional protection for accident leading to death at a nominal cost.

  • ABSLI Critical Illness Rider (UIN : 109B019VO3)

    Get benefit amount as a lumpsum upon diagnosis of any of the 4 specified critical illnesses.

  • ABSLI Surgical Care Rider (UIN: 109B015V03)

    Get lump sum benefit amount to cover surgical expenses

  • ABSLI Hospital Care Rider (UIN: 109B016V03)

    provides daily cash benefit in case of hospitalization for a minimum period of 24 hours for medically necessary treatment of any Illness or Injury payable from the first day for the duration of hospitalization.

  • ABSLI Waiver of Premium Rider (UIN: 109B017V02)

    All future premiums waived in case of permanent disability, death or 4 specified major illness

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1Provided all premiums are paid

Disclaimer:

This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This is a non-participating traditional insurance plan. All terms & conditions are guaranteed throughout the policy term. GST and any other applicable taxes will be added (extra) to your premium and levied as per extant tax laws. An extra premium may be charged as per our then existing underwriting guidelines for sub-standard 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 on the risk factors, terms and conditions please read the sales brochure carefully before concluding the sale. Aditya Birla Sun Life Insurance Company Limited Toll-free : 1-800-270-7000 Website: www.adityabirlasunlifeinsurance.com

Registered Office: One World Center Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. IRDAI reg no.109 CIN: U99999MH2000PLC128110 UIN: 109N106V09 ADV/7/21-22/549

Need help with life insurance?

+91
I agree to the Terms of Usage and Privacy Policy and authorize Aditya Birla Sun Life Insurance Company Limited and its associates to call/SMS/Email/WhatsApp me.

Thank you for your details. We will reach out to you shortly.

1800-270-7000 or reach out to us on this number.

Thank you for your details. Currently we are facing issue in our system.

1800-270-7000 or reach out to us on this number.