ABSLI Jeevan Bachat Plan

PROTECTING your savings with guaranteed returns is easy.


Aditya Birla Sun Life Insurance Jeevan Bachat Plan boosts your savings by offering guaranteed1 returns and life cover 10 times of your annualized premium along with tax benefits2.

Key Features

  • Fully guaranteed benefits on death or maturity
  • Easy and convenient to buy
  • Inbuilt accidental death benefit
  • No medical tests required
  • Death Benefit

    In case of life insured’s unfortunate demise during the policy term, death benefit will be paid to your nominee. The policy will stand terminated once the death benefit is paid.

  • Accidental Death Benefit

    In case of life insured’s unfortunate demise due to an accident during the policy term, then, in addition to the death benefit, an Accidental Death Benefit will be paid to your nominee. The accidental death benefit is not applicable for minors, till the time they attain 18 years of age.

  • Maturity Benefit

    The Jeevan Bachat policy matures on policyholder’s survival to the end of policy term, when a maturity benefit will be paid to you in lump sum.

  • Guaranteed Additions

    Guaranteed1 additions will be added to your policy on a monthly basis till policy maturity, provided all due premiums have been paid, and shall be payable in the event of death or policy maturity, whichever earlier.

    1Provided all premiums are paid

  • Reduced Paid–Up Benefits

    If you discontinue paying premiums after having paid premiums for at least two full policy years, your policy will not lapse but continue on a Reduced Paid-Up basis.

  • Entry Age (age last birthday)

    1 -  55 years

  • Premium Paying Term

    Single Pay

    Limited Pay - 6 | 9 | 12 years 

    Regular Pay – 10 | 15 years

  • Policy Term

    For Single Pay & 6 Pay : 10 | 15 | 20 years

    For 9 & 12 Pay: 15 | 20 years

    For Regular Pay: 10 | 15 years

  • Maturity Age

    Minimum - 18 years

    Maximum - 65 years

  • Premium

    For Single Pay: Min: Rs. 20,000| Max: Rs. 1,00,000

    For Limited and Regular Pay:  Min: Rs. 5,000 | Max: Rs. 1,00,000

  • Sum Assured

    Minimum: Single Pay: Rs. 25,000 | Limited and Regular Pay: Rs. 50,000

    Maximum: Rs. 10,00,000

  • Premium Mode

    Single, Annual, Semi-annual, Quarterly, Monthly

क्या लाइफ इंश्योरेंस के मामले में मदद चाहिए?

+91
मैं उपयोग की शर्तों  और नजता नीति से सहमत हूँ और आदित्य बिरला सन लाइफ इंश्योरेंस कंपनी लिमिटेड तथा उसके असोसिएट्स को  मुझे कॉल/एसएमएस/ईमेल/हॉसऐप करने के  िलए अधिकृत करता/करती हूँ.

अपनी जानकारी देने के िलए धन्यवाद.  हम जल्द ही आपसे  संपर्क करेंगे.

१८०० -२७०-७०००  या हमसे  इस नंबर पर संपर्क करें.

अपनी जानकारी देने के िलए धन्यवाद.  वर्तमान में हम अपने सिस्टम में समस्या का सामना कर रहे हैं.

१८००-२७०-७००० या हमसे  इस नंबर पर संपर्क करें.

FAQs

  • What is the minimum and maximum sum assured which can be taken under the policy?

    The minimum and maximum sum assured is as follows:

    Premium Paying Term

    Minimum

    Maximum

    Single Pay

    Rs. 25,000

    Rs. 10,00,000

    Limited/Regular Pay

    Rs. 50,000

    Rs, 10,00,000


  • Is there any Rider benefit in this plan?

    No, riders are not available on this plan.

  • What is waiting period in this policy?

    ABSLI Jeevan Bachat Plan is one of the types of savings plans wherein a waiting period of 90 days from the policy commencement date is applicable for all benefits payable under it. If the life insured dies during the waiting period, we shall refund the premiums paid (excluding applicable taxes) since date of inception of policy.

  • What is the death benefit under the plan?

    In case of policyholder’s unfortunate demise during the policy term, subject to provisions in the waiting period, we shall pay to the nominee Sum Assured on Death plus Guaranteed1 Additions accrued till date of death.

    1Provided all premiums are paid

  • What happens if you do not pay premiums on time?

    If you are unable to pay premiums by their due date, you will be given a grace period of 30 days and during this grace period, all coverage under your policy will continue.

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1Provided all premiums are paid
2Tax benefits are subject to changes in tax laws - connect to with reference indicator - right below tax benefits only

Disclaimer:

This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This is a non-linked non-participating life insurance plan. All terms & conditions are guaranteed throughout the policy term. GST and any other applicable taxes will be added (extra) to your premium and levied as per extant tax laws. The insurance cover for the life insured (including minors) will commence on the policy issue date. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding the sale. 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: 1-800-270-7000 www.adityabirlasunlifeinsurance.com IRDAI reg no.109 CIN: U99999MH2000PLC128110 UIN: 109N107V03

ADV/9/20-21/1151

क्या लाइफ इंश्योरेंस के मामले में मदद चाहिए?

+91
मैं उपयोग की शर्तों  और नजता नीति से सहमत हूँ और आदित्य बिरला सन लाइफ इंश्योरेंस कंपनी लिमिटेड तथा उसके असोसिएट्स को  मुझे कॉल/एसएमएस/ईमेल/हॉसऐप करने के  िलए अधिकृत करता/करती हूँ.

अपनी जानकारी देने के िलए धन्यवाद.  हम जल्द ही आपसे  संपर्क करेंगे.

१८०० -२७०-७०००  या हमसे  इस नंबर पर संपर्क करें.

अपनी जानकारी देने के िलए धन्यवाद.  वर्तमान में हम अपने सिस्टम में समस्या का सामना कर रहे हैं.

१८००-२७०-७००० या हमसे  इस नंबर पर संपर्क करें.