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Aditya Birla Sun Life Insurance Company Limited

Age at Maturity

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Definition:

Age at maturity is the age at which investors' life insurance policy matures.

Description:

Age at maturity will help you decide better whether investing in a particular policy will pay back the maturity proceeds at the right age.

Age at maturity could be as per policy term chosen by the investor or the default term.

Example:

Mr. Suresh plans to invest in a life insurance policy at the age of 35. He is planning to invest for a property purchase 10 years from now. His age at maturity is 45 years considering 10 years policy term.

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Buy ₹1 Crore Term Insurance at Just ₹558/month^*

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ABSLI Salaried Term Plan (UIN:109N141V05) is a non-linked non-participating individual pure risk premium life insurance plan; upon Policyholder’s selection of Plan Option 2 (Life Cover with ROP) this product shall be a non-linked non-participating individual savings life insurance plan.
*LI Age 21, Male, Non Smoker, Option 1: Life Cover, PPT: Regular Pay, SA: ₹ 1 Cr., PT: 10 years, Annual Premium: ₹ 6700/- ( which is ₹ 558/month), 1 Cr SA is paid and the policy terminates.

ABSLI Salaried Term Plan

Term plan designed for salaried individual.

4 Plan Options

Life Cover upto 75 years

Option to Choose Death Benefit Payout – lumpsum or monthly

Inbuilt Terminal Illness Benefit

Life Cover
₹1 crore

Premium:
₹558/month^*

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Disclaimer : ABSLI Nishchit Aayush Plan (UIN No 109N137V12) is a non-linked non-participating individual savings life insurance plan.
^ Provided 0 year deferment & Annually in Advance payout frequency is chosen at the time of inception of the policy. Annually in Advance payout frequency is only available in "Annual" premium payment mode. ^*Male- 25 yrs invests in ABSLI Nishchit Aayush Plan with Level Income + Lumpsum Benefit. He chooses premium payment term 10 yrs , policy term 40 years, benefit option -Long Term Income, Sum Assured 7 times of Annualized Premium and Deferment Period 0 years. Annualized Premium is ₹1,00,000 (Exclusive of GST.). Annual Income of ₹ 32,750 (32,750*40=  13,10,000) + Maturity Benefit (₹20,00,000)= ₹ 33,10,000 ADV/3/24-25/3076.