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Aditya Birla Sun Life Insurance Company Limited
Aditya Birla Sun Life Insurance Company Limited
ABSLI Group Capital Assured Traditional Plan
Key Features
Easy View value of your policy from the policy account
Offers guaranteed amount in policy account
Covers Gratuity, Leave Encashment, Post-retirement medical schemes and Superannuation
BENEFITS
Make systematic investments to accumulate funds for paying retiral benefits to your employees.
As an employer, you can claim from the policy to pay death benefits or retiral benefits to your employee (or his/her nominee) upon his/her death or exit from the service.
In-built life cover of Rs. 1,000 per member for superannuation schemes and Rs. 5000 per member for other schemes.
Option to surrender the policy anytime and receive actual surrender proceeds at that time.
Earn interests on your investments, which will be declared at the end of every financial year and shall be added to your policy account.
FAQs
Yes. ABSLI’s Capital Assured Traditional Plan provides guaranteed returns where the interest on your investment is declared at the end of every financial year.
You will get a life cover of Rs. 1,000 for each member with superannuation schemes and Rs. 5,000 per member for other schemes.
Yes. You can cancel the plan anytime during the free-look period of 15 days from the date of purchase.
The Guaranteed Surrender Value is 70% of the total premiums paid minus all the payments made from the policy account in the past
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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 is a non-participating, non-linked, fund based group plan. The amount of Contributions less Benefits paid plus interest earned are reflected in the Policy Account value and is guaranteed at all times. ABSLI’s liability is limited to the Policy Account Value and the Sum Assured payable in case of death. BSLI 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. For further details please refer to the policy contract. Tax benefits mentioned herein are subject to changes in the tax laws. The amount of Contributions less Benefits paid plus interest earned are reflected in the Policy Account value and is guaranteed at all times. ABSLI’s liability is limited to the Policy Account Value and the Sum Assured payable in case of death. For more details on risk factors terms and conditions, please read the sales brochure carefully before concluding the sale.
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
UIN: 109N070V03
ADV/10/24-25/1883