Ch. 12: Linked Vs. Non-Linked Insurance Plans
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Key takeaways from this chapter
What Is A Linked Insurance Plan?
How Does A Unit Linked Insurance Plan Work?
What Is A Non-linked Insurance Plan?
How Does A Non-linked Insurance Plan Work?
Difference Between Non-linked Insurance Plans And Linked Insurance Plans
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Disclaimer
ABSLI DigiShield Plan. This is a non-linked non-participating individual pure risk premium life insurance plan; upon Policyholder’s selection of Plan Option 9 (Level Cover with Survival Benefit) and Plan Option 10 (Return of Premium [ROP]) this product shall be a non-linked non-participating individual life savings insurance plan. UIN: 109N108V11
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.
^Tax benefits are subject to changes in tax laws. Kindly consult your financial advisor for more details.
~Available only on regular pay
ADV/12/22-23/2432