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ABSLI Income Assured Plan is a traditional non-participating savings with protection plan. With assured income benefits payable from the end of the premium-paying term till maturity and life insurance benefit, this Plan offers you the perfect blend of monthly income with financial security for your family.
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You diligently chalk out plans and work hard in life to give your near and dear one's a financially secure future. But, uncertainties can always put you on the back foot. To fulfil the rising needs of life at various stages what you need is a product that guarantees returns, no matter the situation. So, when you get closer to realising your dreams/aspirations, an extra stream of income will always be there to help realise those dreams. ABSLI Income Assured Plan, helps you plan your future better by creating a corpus in the long run that helps you realise your dreams and various financial goals.
 
How does the plan work?
 
You can customise your policy to suit your needs by choosing the pay term and the policy term. You can choose from the following:

  1. 5 years pay term for 15 year policy term
  2. 7 years pay term for 17 or 22 year policy term
  3. 10 years pay term for 20 or 25 years policy term
 
How to apply?
 
Step 1 : Choose the Sum Assured
Step 2 : Choose your pay term and policy term
 
 
 
Eligibility Criterion
 
Entry Age (Age on last birthday) : 8 - 60 years (subject to max attained age 75 at end of policy term)
Premium Paying Term (PPT) : 5 years for 15 year policy term
7 years for 17, 22 year policy term
10 years for 20, 25 years policy term
Minimum PPT : Attained age at the end of premium-paying term
must be 18 years or more
Maximum PPT : Attained age at the end of the premium-paying term
must be 65 years or less
Minimum Sum Assured : Rs. 1,00,000
Premium Frequency : Annual, Semi-annual, Quarterly, Monthly
 
For more details on the plan, please refer to our product brochure.
 
 
Disclaimer
This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This is a traditional non-participating savings plan. All terms and conditions are guaranteed throughout the policy term. Service Tax and Education Cess and any other applicable taxes will be added (extra) to your premium and levied as per extant tax laws. An extra premium may be charged as per our then existing underwriting guidelines for substandard lives, smokers or people having hazardous occupations, etc. The insurance cover for the life insured will commence on the policy issue date. For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding the sales. Tax benefits are subject to changes in the tax laws. Registered Office: One Indiabulls Centre,Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013. Reg No. 109 CIN: U99999MH2000PLC128110 ADV/6/17-18/432 VER2/JUNE/2017

IRDAI clarifies to the public that IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums. IRDAI does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone number.

Unique No. 109N089V04