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I agree to the Terms of Usage and Privacy Policy. By submitting my contact details here, I override my NDNC registration and authorize ABSLI to contact me by phone/e-mail/SMS/WhatsApp. 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. BEWARE OF SPURIOUS / FRAUD PHONE CALLS! IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint. ABSLI Nishchit Aayush is a non-linked non-participating individual savings life insurance plan (UIN No 109N137V05)

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Total Permanent Disability

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Definition
Total permanent disability is a condition in which an individual cannot work for the rest of life due to illness or injuries sustained. This is a state when the person will never be able to work again.
Description
Life can pose several unexpected conditions like illness, injury, or an accident which could leave an individual in a state where they cannot function properly without help. And when there can be no output, there can be no money.

Savings are crucial for such accidental happenings when a person can be left disabled for life. But what if the child’s marriage budget is used for the medical expenses? It is a failure of planning which can push the dependents and the person injured into misery. This is why life insurance is preferred- a policy that can provide cover for total permanent disability. 

Disabilities can be of two types, temporary or permanent, based on which the insurer will offer the compensation. The amount of money received as reimbursement will depend on the nature of the disability, like loss of one limb or loss of both limbs. Individuals may insure themselves against the total permanent disability either under the personal accident policy, or they can buy rider covers in the life insurance policy. A total permanent disability cover gives you financial security for life and helps you manage the medical bills and other unexpected expenses.

Example
Uday purchased an Rs.1 crore term plan. He also purchased an additional cover of Accidental Death and Disability Rider. 2 years after the purchase of the policy, Uday met with an accident while he was on his official trip to Jodhpur. 

He was left unconscious on the road and was then rushed to the hospital for immediate care. After days of treatment, Uday recovered consciousness, but both his legs lost strength. As a result, Uday was permanently disabled from work. The insurance company compensated Uday with 100% of rider cover sum assured.
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Buy ₹ 1 Cr Term Cover @Rs.492/month
for Salaried Individuals¹
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Buy ₹1 Crore Term Cover @ @Rs.492/month for Salaried Individuals¹
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:
₹492/month¹
  • Disclaimer

    ABSLI Salaried Term Plan (UIN:109N141V01) 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.
    1LI Age 21, Male, Non Smoker, Option 1: Life Cover, PPT: Regular Pay, SA: ₹ 1 Cr., PT: 10 years, Premium paying term: 10 years, Annual Premium: ₹ 5900/- ( which is ₹ 491.66/month) Premium exclusive of GST. On death, 1 Cr SA is paid and the policy terminates.
    ADV/8/22-23/1306