Guaranteed returns after a month1.
Savings Plan
Why Should You Invest in a Savings Plan?
Who Should Opt for a Savings Plan in India?
monthly for 6 years:
Key features & benefits of savings plans
How Long Should You Invest in a Savings Plan?
How Does a Savings Plan Work?
Eligibility Criteria for Buying Savings Plan
Steps to Buy Savings Plan Online at ABSLI
What are the Riders for Savings Plans?
Riders^ are additional coverages or benefits that can be attached to a savings plan to enhance its coverage and provide more comprehensive protection. Some common riders available for savings plans include:
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# Provided all due premiums are paid.
^There are exclusions attached to the riders. Please refer rider brochure for more details
² Male- 25 yrs invests in ABSLI Nishchit Aayush Plan with Level Income + Lumpsum Benefit. He chooses premium payment term 10 yrs , policy term 40 years, benefit option -Long Term Income, Sum Assured 7 times of Annualized Premium and Deferment Period 0 years. Annualized Premium is ₹1,20,000 (Exclusive of GST.). Annual Income of ₹45,900 (45,900*40=18,36,000) + Maturity Benefit (₹16,80,000)= ₹35,16,000
³ Scenario: Rs. 1,00,000 Single Premium (exclusive of GST), Male, Age 32, Plan Option A, Policy Term : 10 years. Maturity Benefit: ₹1,83,050.
⁴ Assured Savings Plan :Scenario: Healthy female age 21, investment for 6 years, maturity benefit after 12 years, payment frequency monthly, Sum Assured Rs.8,34,000 lakhs, monthly investment Rs.5000/-. You give Rs.3.60 lakhs and get Rs.5,81,400/-.
⁵ Assured Income Plus: 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 with Lumpsum Benefit, Sum Assured Rs.16.68 lakhs, Premium Rs.10,000/- excluding GST), you get Rs.46.55 lakhs by age 54
⁶ ABSLI Nishchit Laabh Plan, Policy holder age :35 years chooses endowment option and pays annualized premium of INR 50,000. He chooses PPT – 8 yrs, PT – 25 yrs. He receives Guaranteed# lumpsum benefit of ₹ 7,00,000 and loyalty addition of ₹4,00,000.
⁷ ABSLI SecurePlus Plan, Premium of Rs.50,000 every year for 6 years, healthy male age 21 years. Premium Payment Term 6 years, Annual Premium Rs.50,000/-,policy term 6 years, Payment Frequency: Annually. Get Income Benefit of Rs.43,150/- +Loyalty Additions of Rs.21,575= Regular Income of Rs.64,275 p.a for 6 years.
⁸ ABSLI Guaranteed Milestone Plan, healthy male, age 21, premium payment term 6 years, premium of Rs.15000/- for 6 years, maturity benefit of Rs.1,23,696/- at the end of policy term of 12 years, a life cover of Rs.2.25 lakhs.
⁹ ABSLI Assured FlexiSavings Plan, healthy male, age 21 years, premium paying term 5 years, policy term 15 years, Annual Premium Rs.50,000 (Rs.2,50,000/-), Get Rs.2,75,000 as enhanced Return of premium on maturity, Get Rs.42,613 as loyalty additions, Income Booster 5%.
ABSLI Nishchit Aayush is a non-linked non-participating individual savings life insurance plan (UIN No 109N137V06)
ABSLI Fixed Maturity Plan is a Non- Linked Non- Participating Individual Savings Life Insurance Plan (UIN: 109N135V04)
ABSLI Assured Savings Plan Non-Linked Non-Participating Individual Savings Life Insurance Plan (UIN: 109N134V08).
ABSLI Assured Income Plus Plan is a Non-Linked Non-Participating Individual Savings Life Insurance Plan (UIN: 109N127V13).
ABSLI Nishchit Laabh Plan (UIN: 109N150V02) is a non-linked non-participating individual savings life insurance plan
ABSLI Secure Plus Plan is a non-linked non-participating individual life insurance savings plan ( UIN: 109N102V09).
ABSLI Guaranteed Milestone Plan is a non-participating traditional insurance plan (UIN: 109N106V11)
ABSLI Assured Flexi-Savings plan is a non-linked non-participating individual life insurance savings plan (UIN: 109N126V03).
ABSLI Savings Plan is a non-linked participating life insurance endowment plan (UIN: 109N088V02). Some benefits are guaranteed#, and some benefits are variable with bonuses based on the future performance of the participating business and economic conditions.
ADV/2/23-24/3560