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A three year plan with death, maturity and surrender benefits designed especially for the rural population.

Aditya Birla Sun Life Insurance belives in undertaking concerted efforts in the direction of helping the economically weaker section of the society. We have designed 'Aditya Birla Sun Life Insurance Bima Kavach Yojana' plan keeping in mind the paying capacity and the needs of the rural population.
We are working in close coordination with the Aditya Birla Group Units and various N.G.O's, located accross India to provide the rural insurance services to the rural population.
Rural and Community Initiatives : The group is commited for sustainable social and economic development of the weaker sections of the society, through need - based activities on income generation and Skill enhancement, Micro Credit and Micro Finance, Savings, Health and Family Welfare, Education, Watershed development etc.
The Plan
It is a three year plan. Premium is paid only once in 3 years. It has three benefits
 • Death
 • Maturity
 • Surrender


Aditya Birla Sun Life Insurance Bima Kavach Yojana
Rural people between the age of 18 years to 50 years are eligible for this plan
How much do you pay
A fixed one-time payment of Rs.50/- or Rs.100/- or Rs.200/- as per the paying capacity of the rural mass.
Duration of the plan
3 years



·          Death Benefit
In case of an untimely death of the policy holder during the policy period, the nominee of the policy holder will get 100 times of the premium amount paid.


·          Maturity Benefit
On Maturity, the policy holder will get his premium back with 10% bonus(1.10 times).

·          Surrender Benefit
Under this plan if policy holder wishes to surrender his policy, he will get following surrender benefits.


On Surrender
In 1st year of policy
Only Premium amount
In 2nd policy year
1.04 times of Premium amount
In 3rd policy year
1.08 times of Premium amount



• Any time surrender facility


• No special medical checkup required


• Simple Application form and easy documentation process 


General Exclusion
If the life insured dies during the duration of plan, the cause of death being suicide, we will not pay the normal death benefit but will refund the amount paid by you as premium.  
Who are eligible?
People living in the IRDA Defined villages. Based on the following IRDA guidelines we have prepared a list of villages qualify for sale of Above Rural Policy. Aged between 18 and 50.
IRDAI Guidelines
The IRDAI guidelines define a Rural village as one in which
• The total population is not exceeding 5000.
• The density of population is not more than 400/
• At least 25 % of the male population is dependant on agriculture as source of livelihood.


Insurance is the subject matter of the solicitation. Tax benefits are subject to changes in the tax laws. For further details please refer to product brochure. Regd. Office: One Indiabulls Centre, Tower 1, 15th & 16th floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013. Reg No. 109. Corporate Identity Number: U99999MH2000PLC128110