Coverage against all types of loans and wealth creation products
Multiple premium payment options with option to choose single or joint cover
Joint life cover, where the loan is in the name of both members
Option to choose level or variable cover
Level Sum Assured
The Sum Assured remains constant throughout the term of the loan/savings scheme.
Variable Sum Assured
The Sum Assured will be customized to the loan/savings scheme characteristics. Sum Assured will be constant throughout each coverage year.
Asset Assure Classic
In the event of Death, benefit will be paid as specified in the certificate of Insurance.
Asset Assure Premier
In the event of death, benefit will be paid as specified in the certificate of Insurance.
In the event of Total and permanent disability benefit will be paid as specified in certificate of Insurance and cover will be terminated.
In the event of total and permanent disability, Sum assured as per certificate of Insurance will be paid.
Cover is applicable during Moratorium period
Option to continue the policy in case the master policy holder has surrendered the policy.
Minimum Sum Assured
Minimum Entry Age
18 years; 15 years for education loan
Maximum Entry Age
Asset Assure classic Single - pay: 73 years| 5 Pay & Regular Pay: 70 years
Asset Assure Premier - Single Pay: 63 years| 5 Pay & Regular Pay: 60 years
Minimum Policy Term
Single Pay – 2 years; 5 Pay and Regular Pay – 5 years
Maximum Policy Term
Maximum Maturity Age
Asset Assure Classic - 75 years
Asset Assure Premier - 65 years
Who is the policyholder in Group Asset Assure plan?
In this plan, the institution or employer is the policyholder whereas the borrowers/depositors/employees are the lives assured.
What benefit does it entail for the lender?
For you the lender, it prevents loan default in case the borrower succumbs to life’s uncertainties and thus incurring losses.
Does this policy have any survival benefits?
No, it doesn’t. The policy offers no survival benefits.
Service for Policy Holders
For West region - 9088020805
For South region - 9916992444
For East and North region - 9560425798
Write to Us
For or any query, Please write to firstname.lastname@example.org
For West region - Anandita.Dubey2@adityabirlacapital.com
For South region - Karundeep.Kaur@adityabirlacapital.com
For East and North region - Ashish.Bhardwaj@adityabirlacapital.com
The 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 non-linked, non-participating traditional group insurance plan. ABSLI reserves the right to recover levies such as GST levied by the authorities on insurance transactions. If there be any additional levies, they too will be recovered from you. For further details, please refer to the policy contract. Tax benefits are subject to changes in the tax laws. For more details on this plan visit our website. For more details on risk factors terms and conditions, please read the sales brochure carefully before concluding the sale. Please refer the Exclusions Section in the sales brochure for details on Exclusions and the Terms & Conditions.
Registered Office: One Indiabulls Centre Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. Call Centre: 1-800-270-7000 www.adityabirlasunlifeinsurance.com IRDAI Reg. No. 109 | CIN: U99999MH2000PLC128110 ADV/9/20-21/1216 UIN: 109N045V03