1800-270-7000
- All Insurance
- Endowment Plans
- Savings Plans
- Term InsuranceNew
- Retirement Plans
- ULIP PlanNew
- Group Insurance
- Protection Solutions
- Employer Employee
- Voluntary
- Affinity
- Credit Life
- Retirement Solutions
- Annuity Scheme
- Gratuity
- Leave Encashment
- Post Retirement Medical Benefits Scheme
- Superannuation
- Plans for Defence Personnel
- SME Business Solutions
- Articles
- Where Do I?
- Term Insurance
- Pension Plans
- Manage My Policy
Aditya Birla Sun Life Insurance Company Limited
Aditya Birla Sun Life Insurance Company Limited
ABSLI Vision MoneyBack Plus Plan
PROTECTING your life goals with regular payouts is a step away.
Guaranteed¹ regular payouts
Option to defer and enhance payouts
Vision MoneyBack Plus Plan
Key Features:
Guaranteed¹ regular payouts
Option to defer and enhance payouts
Multiple riders for enhanced protection
Tax benefits²
Benefits
Guaranteed Survival benefit
With this money-back insurance policy, the life insured will receive the money-back as a percentage of Sum Assured every 4th or 5th year, as selected during the policy inception as a survival benefit.
Death Benefit
In the unfortunate event of the death of the life insured during the policy term, the death benefit payable to the nominee will be Sum Assured on death plus accrued regular bonuses as of date of death, plus terminal bonus (if any).
Plan Options
Option 1 – 10-year pay / 20-year cover – Payout every 4th year
10-year pay / 20-year cover – Payout every 4th year
Option 2 – 10-year pay / 20-year cover – Payout every 5th year
10-year pay / 20-year cover – Payout every 5th year
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.
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
1 Provided all due premiums are paid
2 Tax benefits are subject to changes in tax laws. Please consult your tax advisor for the same
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 Registered Office: One World Center Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. Call Centre No. 1800-270-7000. IRDAI Reg No. 109 www.adityabirlasunlifeinsurance.com CIN: U99999MH2000PLC128110 VER2/FEB/2020 UIN: 109N093V04
ADV/9/20-21/1152