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Aditya Birla Sun Life Insurance Company Limited
Aditya Birla Sun Life Insurance Company Limited
ABSLI Employer Employee Scheme
Key Features
Acts as a great tool to attract and retain talent
Secures the financial future of your employees’ family
Helps lower employer tax liability*
Customised plans to suit everyone’s requirement
Our Employer-Employee Insurance Scheme
ABSLI Group Protection Solution
Offers financial security to the concerned employee’s beneficiaries in the event of his/her death and ensures they are not left in a lurch.
A cost-effective insurance solution for employees
Complete flexibility in terms of sum assured and premium option
Comprehensive coverage through a range of riders
High coverage at a low premium
Benefits Of Employer-Employee Insurance Scheme
Boost Company Culture
Helps enhance your company’s culture, bringing core values to life, and driving employee satisfaction and retention
Financial Security For Employees’ Family
Ensures your employees and their beneficiaries receive the funds and much-needed support in times of distress
360-degree Coverage
Cost effective and hassle-free claim settlement with a comprehensive and 360-degree coverage through a range of riders.
Riders
Please refer to detailed brochures on riders, or visit our website for further details.
ABSLI Group Comprehensive Critical Illness Rider (CCI)
(UIN : 109B040V01)
Addition of Critical Illness Premier Rider will customize group insurance cover for your members and provide them financial protection in the event life insured is diagnosed. to be suffering from covered critical illnesses / conditions.
Frequently Asked Questions
Employer-employee insurance scheme generally forms a part of group plans offered by insurers to corporates and entrepreneurs that help them secure the financial future of their employees in the event of an unfortunate incident.
No, it isn’t. However, it is recommended that you do so as it helps build employee loyalty. With these plans, your love and care for your employees are reflected, and they help you build a long-lasting partnership.
ABSLI’s employer-employee solutions are designed to provide comprehensive protection to your employees and secure the financial future of their dependents against uncertainties of life. Opting for them helps in employee retention and put their skills for growth. Insurance benefit for employees is a vital tool in your arsenal to win the talent war.
Sum assured depends on many factors, including the size of the group and the underwriting guidelines. Check out the plan brochure to know more.
Premium options under our plan allow employer or employee or both to pay premium in some agreed proportion.
Under our plan, the employer, trust or association is the master policyholder whereas members are lives assured.
Premium may change in case there’s a change in the demography of the group or its nature of business.
Nominee is the person last nominated by the member who is registered with the policyholder to receive policy benefits in event of the member’s death.
Tax benefits are subject to prescribed conditions. Tax benefits are applicable as per extant tax law.
Yes
Why Choose ABSLI’s Employer Employee Insurance Scheme?
Bank on us for employer-provided life insurance because of:
100+ Years of legacy
Pan India presence
Claims settlement ratio of 99.59% for FY 2023-24
2 days Average Claim Settlement TAT post receiving all documents
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* Tax benefits subject to changes in the tax laws
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.”
For more details on risk factors, terms and conditions please read sales brochure carefully before concluding the sale.
ABSLI Group Protection Solution Plan(UIN: 109N006V10) is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This is a non-linked, non-participating 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 subject to changes in the tax laws. 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.(UIN: 109N006V10)
Please refer the Exclusions Section in the sales brochure for details on Exclusions and the Terms & Conditions
Registered Office: One World Centre Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. Call Centre: 1-800-270-7000 https://lifeinsurance.adityabirlacapital.com/ IRDAI Reg. No. 109 | CIN: U99999MH2000PLC128110 |
ADV/10/24-25/1992