Aditya Birla Sun Life Insurance Company Limited

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Exclusions

Any risk or eventuality that is not covered under the insurance policy is called exclusion.

4 | 1 Rating

Expense Ratio

Expense Ratio is also called as management expense ratio. This is the measure of how much of a fund's assets are used for administrative and operating expenses.

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Effective Date in Insurance

Effective date refers to the specific day when the insurance policy commences and the coverage begins.

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Expiration Date in Insurance

The expiration date refers to the day your insurance coverage ends, after which your policy is no longer in force, and you are no longer protected against potential risks or financial losses.

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Endorsement in Insurance

An insurance endorsement is an amendment or addition to the original policy that alters its coverage, terms, or conditions.

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Newly Added Terms

Death Benefit

Insurability

Settlement Option

Most Appreciated Terms

Absolute Assignment

Death Benefits

Insurability

Buy ₹1 Crore Term Insurance at Just ₹508/month^*

ABSLI Salaried Term Plan

Exclusively For Salaried Individuals

4 Plan Options

Life Cover upto 70 years

Optional Accelerated Critical Illness benefit

Inbuilt Terminal Illness Benefit

Life Cover
₹1 crore

Premium:
₹508/month^*

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ABSLI Nishchit Aayush Plan. This is a non-linked non-participating individual savings life insurance plan. UIN No 109N137V06
^ - Provided 0 year deferment & monthly income frequency is chosen at the time of inception of the policy.
~ 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 ₹1,20,000 (Exclusive of GST.). Annual Income of ₹45,900 (45,900*40=18,36,000) + Maturity Benefit (₹16,80,000)= ₹35,16,000

I agree to the Terms of Usage and Privacy Policy and by submitting my contact details here, I override my NDNC registration and authorize ABSLI and its authorized representatives to contact me by phone/e-mail/SMS/WhatsApp for further assistance and information about this proposal and resulting insurance policy.
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.