PARAKRAM – Life Insurance Solutions for Indian Defence and Armed Forces Personnel
Why Choose Aditya Birla Sun Life Insurance for Defence?
Death Claim Track Record for FY 21-22
Average Settlement TAT post receiving all claim documents / requirements (in working days)*
1 Provided all due premiums are paid.
2 Scenario: Healthy male age 21 years, premium paying term 12 years, policy term 13 years, benefit payout period 20 years, payment frequency monthly, Assured Benefit Option: Income Only Benefit with Return of Premium, Sum Assured Rs.16.12 lakhs, Premium Rs.9999/- excluding GST), you get Rs.47.16 lakhs by age 54
3 Scenario: Male, Age: 35 years, Premium Paying Term: 10 years, Policy Term: 26 years, Premium: Rs. 10,000 (premium paid is exclusive of taxes), Guaranteed Maturity benefit: Rs. 40,08,453.
4 Basic annual premium: ₹40,000. Sum assured: ₹4,00,000, Premium Payment Term 5 years, Policy Term 10 years, Returns ₹301,632/- Refer to policy brochure for more details.
* As per annual audited figures submitted to IRDAI for the period FY 21-22.
ABSLI Assured Savings Plan is a non-participating traditional insurance plan (UIN: 109N134V04)
ABSLI Assured Income Plus is a non-linked non-participating individual life insurance savings plan (UIN: 109N127V05 )
ABSLI Wealth Aspire Plan is a non-participating unit linked life insurance plan. (UIN:109L100V05)