ABSLI Assured Income Plus benefits you with guaranteed2 regular income for the long term in future.
Enhance your cover with Riders at nominal additional premium.
Use Case 1
Use Case 2
He chooses to receive his Income Benefit annually. His Sum Assured is Rs 12,50,000.
Mr. Sharma survives through the Policy Term and receives Income Benefits throughout the Benefit Payout Period.
He opts for 12 years Premium Payment Term with 13 years Policy Term and 12 years of Benefit Payout Period.
Mr. Sharma aged 35 years invested ₹1,00,000 per annum in ABSLI SecurePlus Plan
Buy ABSLI SecurePlus Plan Now.
Product Specifications | ||||||||||||||||
Type of Plan |
A Non-Linked Non-Participating Individual Savings Life Insurance Plan | |||||||||||||||
Coverage |
All Individuals (Male | Female | Transgender) | |||||||||||||||
Age of the Life Insured at Entry (age as on last birthday) |
Minimum |
1* year * In case the Life Insured is a minor, the Policy will automatically vest once the life insured attains the age of majority. The risk coverage for the minors will start from the policy issue date. | ||||||||||||||
Maximum |
60 years | |||||||||||||||
Maturity Age of the Life Insured (age as on last birthday) |
Minimum |
18 years | ||||||||||||||
Maximum |
77 years | |||||||||||||||
Premium Payment Term (PPT), Policy Term (PT) and Benefit Payout Period |
Note:-
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Premium Payment Frequency and Modal Factors |
Annual | Semi-Annual | Quarterly | Monthly
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Minimum Annualized Premium |
Rs. 50,000 | |||||||||||||||
Maximum Annualized Premium |
No Limit (subject to Board Approved Underwriting Policy) | |||||||||||||||
Minimum Sum Assured |
Rs 3,50,000 | |||||||||||||||
Maximum Sum Assured |
No Limit (subject to Board Approved Underwriting Policy) | |||||||||||||||
Premium bands |
The benefits under this product vary by premium bands as mentioned below:
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Know more about ABSLI SecurePlus Plan in detail here:
Key features of ABSLI SecurePlus Plan are:
Anyone meeting the following criteria is eligible for ABSLI SecurePlus Plan:
ABSLI SecurePlus Plan has a maximum maturity age of 77 years.
The minimum Sum Assured is Rs. 3,50,000. There is no limit on the maximum Sum Assured, however it is subject to the Board Approved Underwriting Policy.
The Premium Payment Term, Policy Term & Benefit Payout Period applicable is as follows:
Premium Payment Term (PPT) |
Policy Term (PT) |
Benefit Payout Period |
6 years |
6, 7, 8, 9, 10, 11 years |
6, 8, 10, 12 years |
8 years |
8, 9, 10, 11, 12, 13 years |
6, 8, 10, 12 years |
10 years |
10, 11, 12, 13, 14, 15 years |
6, 8, 10, 12 years |
12 years |
12, 13, 14, 15, 16, 17 years |
6, 8, 10, 12 years |
¹Tax benefits are subject to changes in the tax laws. You are advised to consult your tax advisor for the same.
²Provided all due premiums are paid
³ABSLI SecurePlus Plan, Healthy male age: 21 years. Premium Payment Term 12 years, Annual Premium Rs.50,000/-,policy term 15 years, Payment Frequency: Annually, benefit payout period: 6 years, Get Income Benefit of Rs.1,24,100/- +Loyalty Additions of Rs.62,050= Regular Income of Rs.1,86,150 p.a for 6 years.
This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This is a non-linked non-participating individual savings life insurance plan. All terms & conditions are guaranteed throughout the policy term. GST 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 substandard lives, smokers or people having hazardous occupations, etc.
UIN: 109N102V13
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