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Aditya Birla Sun Life Insurance Company Limited
Aditya Birla Sun Life Insurance Company Limited
ABSLI Vision LifeSecure Plan
PROTECTING your big smiles tomorrow is easier with smaller amounts today!
Regular bonuses2 starting from first year
Maturity benefit at the end of policy term
ABSLI Vision LifeSecure Plan
Key Features
Regular bonuses2 starting from first year
Maturity benefit at the end of policy term
Minimum entry age is 30 days
Whole life cover up to age 100
Benefits of ABSLI Vision LifeSecure Plan
Maturity Benefit
In the event the life insured survives till the end of the policy term, we shall pay you the Sum Assured, plus accrued regular bonuses, plus Terminal Bonus (if any).
Death Benefit
In case of death, your nominee will receive the sum assured on death, plus the accrued bonuses as on date of death and terminal bonus.
How Does Vision LifeSecure Plan Work?
Riders
Vision LifeSecure Plan FAQs
In the unfortunate event of death of the life insured during the policy term, the death benefit payable shall be
Sum Assured on Death; plus Accrued regular bonuses as on date of death; plus Terminal Bonus; if any Sum Assured on Death shall always be higher of Sum Assured or 10 times of Annualized Premium.
You need to choose your premium mode at policy inception and can’t be changed later.
In the event the life insured survives till the end of the policy term, the policyholder shall be paid Sum Assured, plus accrued regular bonuses, plus Terminal Bonus (if any). The policy continues even after the Maturity Benefit is paid.
The key benefits of the ABSLI Vision LifeSecure Plan are – Dual benefits of endowment and whole life plan.
You should buy this policy for following benefits.
Comprehensive financial protection up to age 100 Regular bonuses starting from first year Maturity benefit at end of policy term but life cover till age 100 Minimum entry age is 30 days Tax Benefits1 1Tax benefits are subject to changes in the tax laws. You are advised to consult your tax advisor for the same.
ABSLI declares simple reversionary bonuses regularly at the end of each financial year and those will be accrued in the policy on its anniversary, upon surrender or on death. Bonuses once attached to the policy are payable along with the interim bonuses, as applicable on death, surrender or survival. In case of surrender the surrender value of the attached bonuses will be payable. The regular bonus rate declared by the company may vary from year to year and will depend on the actual experience regarding various factors and prevailing economic conditions. Future bonuses are, however, not guaranteed and will depend upon the future profits of the participating business.
ABSLI may pay a terminal bonus at company’s discretion on death, or maturity, based on the actual experience and prevailing economic conditions.
Other Insurance Plans
ABSLI Fixed Maturity Plan
ABSLI Fixed Maturity Plan is a life insurance savings plan which gives you a financial guarantee to fulfil your dreams while providing you with a life cover which safeguards your family in case of an eventuality.
Guaranteed Returns
Loan against policy for emergency situation
Flexibility of Investment Amount and Policy Term
ABSLI Assured Income Plus
Aditya Birla Sun Life Insurance Assured Income Plus provides the benefit of life insurance cover during the Policy Term and guaranteed income for 20, 25 or 30 years to ensure fulfilment of your family’s long term goals and aspirations.
Long term regular income for 20, 25 or 30 years
Fully Guaranteed Returns on your investment
Loyalty Additions
2Some benefits are guaranteed and some benefits are variable with bonuses based on the future performance of the participating business and economic conditions
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 whole life insurance plan. All terms and 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. An extra premium may be charged as per our then existing underwriting guidelines for substandard lives, smokers or people having hazardous occupations etc. 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. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding the sale. Tax benefits are subject to changes in the tax laws. Aditya Birla Sun Life Insurance Company Limited (Formerly Birla Sun Life Insurance Company Limited) Registered Office: One World Center, Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013. IRDAI reg no.109 CIN: U99999MH2000PLC128110. UIN: 109N087V04
ADV/9/20-21/1048
BEWARE OF SPURIOUS / FRAUD PHONE CALLS!
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.