Aditya Birla Sun Life Insurance Company Limited

ABSLI Group Smart Supreme

Comprehensive Life Cover to Help Secure Your Dreams!

Flexibility to Choose Cover Options (Level or Reducing Sum Assured)

Inbuilt Terminal Illness Cover

Get Life Cover For Your Group Members

Why Buy ABSLI Group Smart Supreme?

ABSLI Group Smart Supreme offers a comprehensive life insurance cover to its members and help them fulfil their dreams for themselves and their family. This Plan ensures that, the loan they have availed to create an asset does not convert into a liability for their families in their absence.

Key Features

Covers all types of loan products

Cover to secure target savings/accumulation products also available

Flexibility to choose from Level or Reducing Sum Assured Cover options

Option to cover Joint life | Co-borrowers as per your requirement

Enhance your Cover by choosing from various inbuilt options

Inbuilt Terminal illness cover

Brochure Policy Contract Leaflet

Benefits Of ABSLI Group Smart Supreme

Death Benefit Variants

Level Cover: The sum assured stays at same level over entire Cover term. Reducing Cover: The sum assured decreases as per the repayment schedule. The repayment schedule will depend on

Death Benefit

Single Life: In the event of death of the member during the Base Cover term, the applicable sum assured at the start of the month as per the repayment schedule (referred to as

Top-up

Master policyholder or member, as applicable shall have an option to avail additional cover during the tenure of existing Cover subject to satisfactory underwriting (as per Board Approved Underwriting Policy). Such additional cover may be required inter alia to provide for top-up loan or moratorium period allowed while the loan is outstanding. Premium applicable to remaining Cover tenure and attained age shall be charged for such additional Cover. For all purposes, such additional Cover shall be treated as separate Cover and remaining terms of this product shall apply accordingly.

Cover Term	1 month – 30 years (in multiples of 1 month, not exceeding underlying loan tenure)
Premium payment term (PPT)	Single Pay
Entry Age	Minimum: 14 years (age as on last birthday) for Base cover 18 years (age as on last birthday) for other benefit options In case of minor lives, risk shall commence immediately on enrolment acceptance. Maximum: 79 years (age as on last birthday) for Base cover 63 years (age as on last birthday) for other benefit options
Maximum Maturity Age	80 years (age as on last birthday) for Base cover 70 years (age as on last birthday) for other benefit options
Minimum Premium Amount	Re. 0.40
Maximum annualized premium	No limit
Minimum sum assured	Base cover: Rs 10,000 at inception
Maximum sum assured	No limit subject to Board Approved Underwriting Policy. Original Sum Assured shall not exceed 125% of outstanding loan amount.
Minimum no. of members	5 members
Maximum no. of members	No Limit
Minimum middle-up Sum Assured	Rs.5000

How Does ABSLI Group Smart Supreme Work?

Choose Death benefit Variants

This product offers 2 Death Benefit Options to choose from:

Level
Reducing

Depending Upon The Loan Availed, Member Can Choose The From Below Option

Depending upon the loan availed, member can choose the from below option

Single Life
Joint Life (two lives), with benefit payable on first death
Co-Borrower (no limit, provided each member meets eligibility criteria)

Choose Optional Benefits

Accidental Death Benefit
Accidental Total and Permanent Disability (Accelerated)
Any one of the Critical Illnesses package Essential Critical Illness Cover (Accelerated Critical Illness 10) Super Critical Illness Cover (Accelerated Critical Illness 25) Mega Critical Illness Cover (Accelerated Critical Illness 50) Essential Critical Illness Cover (Additional Critical Illness 10) Super Critical Illness Cover (Additional Critical Illness 25) Mega Critical Illness Cover (Additional Critical Illness 50)

Select Policy Term & Moratorium Period If Required

Secure Your Dreams With Comprehensive Life Cover

Buy ABSLI Group Smart Supreme

Buy Online

How To Initiate Claim?

3 quick steps, everything online.

Fill basic details

Claim intimation

Document submission

More About Claims

Frequently Asked Questions

Know more about ABSLI Group Smart Supreme here.

The premium amount depends on the characteristics of the group, age and gender of the member insured. It will also depend on the optional benefits availed and applicable taxes, among others.

ABSLI Group Smart Supreme plan helps by providing members of a group a flexible and comprehensive cover that will secure their financial future.

There are more than 20 plan combinations which are explained in detail in the product brochure and leaflet. These are hosted on the website.

This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This is a non-linked non – participating Group Credit Life Insurance Plan. ABSLI reserves the right to recover levies such as the GST levied by the authorities on insurance transactions. If there be any additional levies, they too will be recovered from you. This brochure contains only the salient features of the plan. This product shall also be available for sale through Online channel. For further details, please refer to the policy contract. Tax benefits are subject to changes in the tax laws.
(UIN:109N140V01)
ADV/10/24-25/1862