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Presenting, the ABSLI Savings Plan. It not only helps you save money regularly but also enables its steady growth over time. With this plan, you and your loved ones gain peace of mind and the potential of a secure financial future to meet your financial needs.


Benefits of Savings Plan
  • Guaranteed Additions at the end of each policy year during the first 5 years.

  • Death Benefit: In the unfortunate event of the death of the life insured during the policy term, we shall pay the following to the nominee:
    • Guaranteed Death Benefit, plus
    • Accrued Guaranteed Additions; plus
    • Accrued regular bonuses as on date of death, plus
    • Terminal Bonus if any

  • Maturity Benefit:In the event that the life insured survives till the end of the policy term, we shall pay the following:
    • Sum Assured, plus
    • Accrued Guaranteed additions, plus
    • Accrued regular bonuses, plus
    • Terminal Bonus if any
    The policy shall be terminated once the maturity benefit is paid.
  • Reduced Paid-up Benefits:If you stop paying premiums after fully paying for 3 years, your policy will continue on a Reduced Paid-up basis.

  • Auto Cover Continuation: If you have paid the premiums for 3 years and miss paying any subsequent premium, full death benefit will continue for 2 successive years (auto cover continuation period) from the due date of the first unpaid premium even though the policy is in Reduced Paid-up status. For more details on any of the above benefits, please refer to the sales brochure.
Key advantages :

  • Flexibility to choose the Sum Assured based on your protection and savings need
  • Flexibility to choose the policy term and the premium paying term
  • Additional Sum Assured payable in case of accidental death
  • Guaranteed Additions for the first 5 policy years
  • Boost your savings by bonuses starting from the first policy year
  • Ability to take a loan against policy
This is a traditional participating endowment plan. All terms and conditions are guaranteed throughout the policy term, except for the bonuses which would be declared at the end of each financial year. 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. For details on risk factors, terms and conditions, please read the sales brochure carefully before concluding the sale. Tax benefits are subject to changes in the tax laws.Some benefits are guaranteed and some benefits are variable with returns based on the future performance of the company (ABSLI). If your policy offers guaranteed returns then these will be clearly marked "guaranteed" in the illustration table on this page. If your policy offers variable returns then the illustrations on this page will show two different rates of assumed future investment returns. These assumed rates of return are not guaranteed and they are not the upper or lower limits of what you might get back as the value of your policy is dependent on a number of factors including future investment performance. Aditya Birla Sun Life Insurance Company Limited, One Indiabulls Centre, Tower 1, 16th Floor, Jupiter Mill Compound, 841 Senapati Bapat Marg, Elphinstone Road, Mumbai – 400013. CIN: U99999MH2000PLC128110 ADV/4/17-18/112 VER1/APR/2017

IRDAI clarifies to 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 call number.
Unique No. 109N088V01