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In today’s world with growing responsibilities we try to plan for all of life’s important stages and milestones. And, to supplement these efforts we sometimes wish for an extra source of regular income.

In today's world, we try to plan for all of life's important stages and milestones keeping in mind our growing responsibilities. And, to supplement these efforts, we sometimes wish for an extra source of regular income. Introducing the ABSLI Vision LifeIncome Plan, a traditional participating whole life plan that helps you to not only plan your financial goals but also realise your dreams by providing you with a steady income and whole life cover. With survival benefits payable every year from the end of the premium paying term till maturity and a life insurance benefit, this plan offers a perfect blend of income and financial protection for you and your family.
Salient features of the plan
  • 5% of the Sum Assured guaranteed plus bonus every year after premium paying term
  • Comprehensive financial protection for your family with whole life covers till age 100
  • Premium rebates on high Sum Assured, Annual and Semi-annual modes of payment and ECS method of payment
  • Access to suitable Rider options for added protection, at a nominal extra cost
  • Tax benefits under Section 80C, 80D and Section 10(10D) of the Income Tax Act, 1961(1)
(1)Tax benefits are subject to changes in the tax law, please consult your tax advisor for more details.
How The Plan Works
Step 1 Choose your Sum Assured
Step 2 Choose your pay mode
Step 3 Choose Your Riders
Quick view
Entry Age (age on last birthday)
30 days* – 60 years
Policy Term
Whole Life to Age 100
Premium Paying Term
8 | 10 | 12 | 15 to 40 years
Attained Age at end of Premium Paying Term is 18 or more
Attained Age at end of Premium Paying Term is 75 or less
Minimum Sum Assured
For PPT 8 | 10 | 12 years - Rs. 1,00,000 p.a.
Minimum Premium
For PPT 15 to 40 years - Rs. 3,880 p.a.
Premium Frequency
Annual, Semi-annual, Quarterly, Monthly

*Risk commences from the first policy anniversary
This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). 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.Tax benefits are subject to changes in the tax laws.You are advised to consult your tax advisor for details. The regular bonus rate declared by ABSLI may vary from year to year and will depend on the actual experience regarding various factors and the prevailing economic conditions. Future bonuses are however not guaranteed and will depend upon the future profits of the participating business. ABSLI will declare simple reversionary bonuses regularly at the end of each financial year and those will be accrued in the policy on its policy anniversary, surrender or on death. For further details on risk factors, terms and conditions, please read the sales brochure carefully before concluding the sales. For more details and clarification, call your ABSLI Insurance Advisor or visit our website and see how we can help in making your dreams come true. Registered Office: One Indiabulls Centre Tower 1, 16th Floor, Jupiter Mill Compound, 841 Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. Registration no. 109 VER3/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 call number.

Unique No. 109N079V04