Savings Plan

A Savings Plan is a popular traditional life insurance plan that helps you attain your financial goals. It helps teach the habit of savings and aids in building a corpus over a period of time to help your short-term and long-term goals. Being a life insurance plan, you also get a life cover that will help protect your loved ones financially in case of emergencies.

What is a Savings Plan?

Savings plan is a life insurance product that has dual benefits of life cover and savings. The life cover component of this policy provides financial protection to the family in case of an unfortunate event. The saving component helps you to save and create a corpus to meet your future financial goals. Generally, at the end of the policy period, a lump-sum is paid as maturity benefit. Some savings plans offer a steady income on a regular basis as the maturity proceeds.

ABSLI Assured Savings Plan

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Give ₹5000/month for 6 years and Get ₹5.82 lakhs#

ABSLI Assured Savings Plan
Guaranteed² Benefits
Wealth
Joint Life Protection
Financial security for the family
Tax Benefits⁴
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Importance of Savings Plan

There are multiple reasons why a saving plan is important in anybody’s financial planning. It helps you to build a sizable fund with regular savings over years of time which can help achieve short-term and long financial goals comfortably. Also with the rising inflation, buying a savings plan can ensure a financially secure life. Let us now understand the importance of the savings plan in brief:

Savings Plan
Future long-term goals:
Savings can assist in managing life goals. If you are a salaried employee, saving to build your house in the future will be a challenge. But with the savings plan, you can easily accumulate funds to support your long-term goals. With a savings plan you can also create a corpus to have a financially stable life after retirement.
Savings Plan
Short-term life goal:
The insurance policy provides you the opportunity to save for short-term life goals. One of your short-term goals can be going on that long-awaited family trip to the Maldives. With a savings plan, it becomes possible to build the financial capacity to fulfill your short-term goals.
Savings Plan
Zero Risk with guaranteed² returns:
Savings plans hold importance for individuals with low-risk appetites. The plan offers a risk-free investment that comes with the life cover.
Savings Plan
Disciplined savings:
Once you buy a savings plan, it will require you to pay the premium regularly. This habit of disciplined saving ensures that at every payment interval you set aside a fixed amount of money for your future goals.
Savings Plan
Policy Loan facility:
The savings plan allows the policyholder to take loan against the savings policy when in need. The policy gains the cash value after you have paid the premium for a certain number of years mentioned in the policy. Such a loan with a savings plan does not usually require collateral.
Savings Plan
High Liquidity:
Savings policies are liquid in nature that allow withdrawals after a few years as mentioned in the policy. The funds can be withdrawn if you need money right away under an emergency.
Benefits of Savings Plan
With a savings plan, you can generate the required corpus to achieve your goals. When responsibilities in life are more, it is important that you own a savings policy for a secured future
Benefits of Savings Plan
Dual Benefit:
A savings plan is an investment cum insurance policy. The savings plan provides financial protection to the nominee if the individual life insured passes away during the policy period. Plus, it pays a lump sum return on maturity if the policyholder survives the policy period.
Benefits of Savings Plan
Risk-free Returns:
The savings plan is considered a low-risk investment plan and the returns are guaranteed2. For example, you are a 30 years old healthy male and choose to purchase ABSLI Assured Savings Plan. The plan pays you maturity benefit and allows you to choose the years of investment. For every year, a premium payment of Rs.50,000³ is to be made. The policy sum assured Rs.6,50,000 and you get Rs.4.96 lakhs.
Benefits of Savings Plan
Regular Bonus:
The savings plan provides an bonus as the percentage of the sum assured. If the policyholder survives, the additional bonus that is earned during the policy is paid in addition to the sum assured. ABSLI may share a part of its profit with you by adding bonuses to your policy. This will boost the final pay-out and you can achieve your financial objectives faster.
Benefits of Savings Plan
Retirement Savings:
You can use savings plans to create the fund for your retirement. You just need to invest a sum at regular intervals for a long period of time. This will enable you to accumulate a sizable fund by the time you reach your retirement age. This way you can have a stress-free and independent retired life.
Benefits of Savings Plan
Tax Benefits:
The premiums paid under the savings plan in a year are eligible for tax deduction⁴ under Section 80C of Income Tax Act, 1961. Apart from this, the maturity benefit received is tax-exempt under Section 10(10D).
Benefits of Savings Plan
Rider Benefits:
ABSLI provides life insured an option to choose riders that comes at a nominal additional cost. The covers provide an option to enhance the scope of coverage. Some of the riders that can be opted include Accidental death benefit rider (UIN 109B023V02), Accidental death and disability rider (UIN 109B018V03), Critical Illness Rider (UIN 109B019V03), ABSLI Hospital Care Rider (UIN 109B019V03), ABSLI Surgical Care Rider (UIN:109B015V03), and ABSLI Waiver of Premium Rider (UIN:109B017V02). There are exclusions attached to the riders. Please refer rider brochure for more details
Our Savings Plans
ABSLI Fixed Maturity Plan
ABSLI Fixed Maturity Plan
Get Guaranteed Returns + Life Cover
ABSLI Fixed Maturity Plan
Guaranteed Maturity
ABSLI Fixed Maturity Plan
Tax Benefits⁴
ABSLI Fixed Maturity Plan
Single Premium
ABSLI Fixed Maturity Plan
Life Cover
Get:
₹1.85 lakhs**
Give:
₹1 lakh
ABSLI Assured Savings Plan
ABSLI Assured Savings Plan
Life insurance cover with guaranteed² benefits
ABSLI Assured Savings Plan Benefit
Receive Loyalty Additions
ABSLI Assured Savings Plan Benefit
Guaranteed2 returns
ABSLI Assured Savings Plan Benefit
Comprehensive life cover
ABSLI Assured Savings Plan Benefit
Cover spouse in same policy
Get:
₹5.82 lakhs5
Give for 6 years:
₹5,000/month5
ABSLI Assured Income Plus
ABSLI Assured Income Plus
Short term investment with long term guaranteed² returns.
ABSLI Assured Income Plus
Income Benefits
ABSLI Assured Income Plus
Loyalty Additions
ABSLI Assured Income Plus
Long-term regular income
ABSLI Assured Income Plus
Guaranteed¹ Lumpsum Benefit
Guaranteed¹ benefits:
₹51.41 lakhs
Give in 12 yrs:
₹1.20 lakhs/yr6
ABSLI Vision LifeIncome Plus Plan
ABSLI Vision LifeIncome Plus Plan
Comprehensive life cover plus guaranteed² regular income
ABSLI Vision LifeIncome Plus Plan
Whole life cover up to age 100
ABSLI Vision LifeIncome Plus Plan
Guaranteed2 regular income
ABSLI Vision LifeIncome Plus Plan
Cash-in-hand option
ABSLI Vision LifeIncome Plus Plan
Bonus Payouts
Get:
₹7.91 lakhs
Give for 8 yrs:
₹50,00012
ABSLI Assured Income Plus
ABSLI SecurePlus Plan
Secure your life with a second income
ABSLI SecurePlus Plan
Guaranteed2 Income
ABSLI SecurePlus Plan
Loyalty Additions
ABSLI SecurePlus Plan
Second Income
ABSLI SecurePlus Plan
Maturity Benefit
Get Benefit of:
₹3.93 lakhs
Give:
₹50,0007 for 6 years
ABSLI Assured Income Plus
ABSLI Vision LifeIncome Plan
Savings plan with whole life income
ABSLI Vision LifeIncome Plan
Minimum entry age 30 days
ABSLI Vision LifeIncome Plan
Income after retirement
ABSLI Vision LifeIncome Plan
Whole life cover
ABSLI Vision LifeIncome Plan
Lump-sum payout
Get:
₹87.04 lakhs
Give for 8 years:
₹1.62 lakhs9
ABSLI Vision Endowment Plus Plan
ABSLI Vision Endowment Plus Plan
Secured savings and financial protection for family
ABSLI Vision Endowment Plus Plan
Life Cover
ABSLI Vision Endowment Plus Plan
Sum assured on maturity¹⁷
ABSLI Vision Endowment Plus Plan
Tax Benefit⁴
ABSLI Vision Endowment Plus Plan
Accrued Regular Bonus
Get:
₹3.07 lakhs
Give:
₹31,502 for 7 years
ABSLI Assured FlexiSavings Plan
ABSLI Assured FlexiSavings Plan
Guaranteed² returns plus flexible withdrawals.
ABSLI Assured Income Plus
Assured Savings
ABSLI Assured Income Plus
5% Income Booster
ABSLI Assured Income Plus
Loyalty Additions
ABSLI Assured Income Plus
Additional benefit on total premium
Get:
₹4.88 lakhs
Give:
₹50,00010 for 5 years
ABSLI Income Assured Plan
ABSLI Income Assured Plan
Guaranteed² Returns to fulfil future dreams
ABSLI Income Assured Plan
Receive monthly payouts
ABSLI Income Assured Plan
Guaranteed2 Additions
ABSLI Income Assured Plan
Tax Benefit²
ABSLI Income Assured Plan
Short premium paying term
Get:
₹8,50,000
Give:
₹1,49,604/yr15
ABSLI Jeevan Bachat Plan
ABSLI Jeevan Bachat Plan
Guaranteed² returns and Life cover worth 10 times of annual premium
ABSLI Jeevan Bachat Plan
Guaranteed2 benefit on maturity/death
ABSLI Jeevan Bachat Plan
Guaranteed² additions till maturity
ABSLI Jeevan Bachat Plan
Accidental death benefit
ABSLI Jeevan Bachat Plan
No medical test
Get:
₹26,120
Give Premium:
₹20,90018 for 1 year
ABSLI Monthly Income Plan
ABSLI Monthly Income Plan
Monthly income benefit for independent retired life
ABSLI Monthly Income Plan
Financial protection
ABSLI Monthly Income Plan
Income for recurring needs
ABSLI Monthly Income Plan
Accidental death benefit
ABSLI Monthly Income Plan
Bonus to boost savings
Get:
₹7.20 lakhs
Give:
₹6,31,50019
ABSLI Savings Plan
ABSLI Savings Plan
Financial Protection and Secured Growth
ABSLI Savings Plan
Guaranteed2 Additions
ABSLI Savings Plan
Regular Bonus
ABSLI Savings Plan
Flexible-Premium Paying Term
ABSLI Savings Plan
Flexibility to Choose Policy Terms
Maturity Benefit:
₹6 lakhs
Give:
₹61,341/year13
ABSLI Vision LifeSecure Plan
ABSLI Vision LifeSecure Plan
Comprehensive life protection with long-term financial security
ABSLI Vision LifeSecure Plan
Minimum entry age 30 days
ABSLI Vision LifeSecure Plan
Life cover up to age 100
ABSLI Vision LifeSecure Plan
Regular bonus
ABSLI Vision LifeSecure Plan
Enhanced Savings
Get:
₹6,12,314
Give:
₹2,59,80814
ABSLI Vision MoneyBack Plus Plan
ABSLI Vision MoneyBack Plus Plan
Life Protection with regular income
ABSLI Vision MoneyBack Plus Plan
Guaranteed2 survival benefit
ABSLI Vision MoneyBack Plus Plan
Regular income
ABSLI Vision MoneyBack Plus Plan
Enhanced Savings
ABSLI Vision MoneyBack Plus Plan
Customized pay-outs
Total benefits:
₹19 lacs
Give:
₹10.47 lacs11
ABSLI Assured Income Plus
ABSLI Guaranteed Milestone Plan
Life cover and fully Guaranteed² lump sum benefits
ABSLI Guaranteed Milestone Plan
Life cover
ABSLI Guaranteed Milestone Plan
Guaranteed2 additions
ABSLI Guaranteed Milestone Plan
Assured sum
ABSLI Guaranteed Milestone Plan
Cover your spouse
Maturity Benefit:
₹1,23,696
Give:
₹15,0008 for 6 yrs
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Why buy a savings plan from ABSLI?
A savings plan provides you an opportunity to save money for your long term or short term goals. The policy provides life cover under which the nominee gets the sum assured along with the accumulated bonus, if any. You should consider investing in savings plan of ABSLI for following reasons:
Benefits of Savings Plan
Various Plans:
ABSLI provides 14 types of savings plan each with its unique benefit. Our products offer guaranteed2 returns, guaranteed2 regular income, whole life cover among other benefits. Evaluating the requirements and the conditions, individuals can pick the type of plan they want. If you want to buy a savings plan online, we have insurance products like ABSLI Assured Income Plus Plan, ABSLI Secure Plus Plan, Assured Savings Plan, etc.
Benefits of Savings Plan
Bonuses:
ABSLI declares reversionary bonus and terminal bonus at the end of each financial year. Reversionary bonus is the bonus which the insurance company declares as the percentage of the guaranteed maturity benefit (GMB)24 or sum assured25. It is declared at the end of each financial year and is payable at maturity, death or surrender. The bonus rate may vary every year.
Benefits of Savings Plan
High Claim Settlement Ratio:
Buying a savings insurance from Aditya Birla Sun Life Insurance is safe as we have registered a high claim ratio for FY20-21. Our claim settlement ratio is 98.04%²⁰ which increases our credibility in the market. As responsible insurers, our aim is to provide you with fast and hassle-free services.
Benefits of Savings Plan
Easy online claims:
ABSLI tries to make life simpler through easy online claim filing and policy buying processes. Policyholders can now conveniently buy the plan of their choice. They can file their claims both online and at the branch office. After receiving all claim documents/ requirements, the average claim settlement time is 3.5 days²¹ for individual business.
Benefits of Savings Plan
High Returns:
Buy a savings plan like ABSLI Assured Savings Plan and you can get high returns. Invest Rs.3 lakhs³ in 6 years and get a guaranteed2 return of Rs.4.96 lakhs after 12 years.
Benefits of Savings Plan
Wide network of services:
We have 363 offices across India. The wide network of offices help us to provide fast services. You can meet us in our offices or call us at 1800 270 7000 for any assistance.

Features of Savings Plan

Savings plan is an insurance policy that provides guaranteed2 benefits to achieve financial goals. The features of savings plan include:

Savings Plan
Financial protection:
A savings plan comes with the life cover and provides financial security to the dependents in the family after the unfortunate demise of the policyholder.
Savings Plan
Maturity Benefit:
The savings plan guarantees maturity benefits and pays variable bonuses and additions along with. The maturity benefit depends upon the plan you choose. It improves the size of the maturity corpus.
Savings Plan
Steady Returns:
Savings plans are low-risk plans that provide steady and safe returns. The plan assures you of some returns which implies that you will receive the amount committed at the inception of the policy.
Savings Plan
Flexible premium payment:
The savings plan allows the policyholder to choose their premium payment frequency as per their convenience. The payments can be made monthly, quarterly, half-yearly, and annually.
Savings Plan
Cover your spouse:
Savings plan provides an option to get joint-life protection.
Savings Plan
Income Benefit Options:
Income Only Benefit or Income Benefit with Return of Premium Option- Life insured can select the benefit at the inception of specific policy.

Who should buy a Savings Plan?

A savings plan helps you to achieve different goals in life. Savings plan is a great investment option to fulfil your future goals and support loved ones to achieve their dreams.

Savings Plan
Individuals planning for retirement:
Individuals who have started working and want to plan for a safe retirement must buy a savings plan. It is an ideal insurance policy to invest in because it can help when the active income stops. For example, suppose you are 21 years and you choose ABSLI VisionLife Income Plus Plan to receive whole life income that will support your means after retirement also. You paid annual premium of Rs.50,000 for 8 years. The maturity of the policy will be after 64 years, that is, when you will be 85. The income benefit option chosen by you was whole life income. You give Rs.4 lakhs²³ and you might get Rs.68 lakhs at the end of maturity.
Savings Plan
Small businessmen/Professionals:
Small business people and independent professionals with consistent income can buy savings plans. It helps them create financial security for the dependent in their family. Businesses might fail but the insurance plan will provide financial security to your family.
Savings Plan
Individuals with short-term/long-term monetary goals:
Individuals with regular income streams and short-term goals like a vacation abroad, buying a car, etc., can buy a savings plan. People who make regular/ seasonal income such as freelancers, wedding photographers, etc; and aim for long-term financial goals like purchasing a house, saving for a child's higher education or a child's marriage can also invest in a savings plan.
Savings Plan
Taxpayers:
Individuals looking for a tax rebate can buy a savings plan. The premium paid towards the insurance is eligible for tax deductions under Section 80C of the Income Tax Act, 1961. Other than the premium, the maturity amount can also be considered tax-exempt under Section 10(10D) of Income Tax. A total premium of up to Rs.1.5 lakhs is allowed for deductions.
How does a Savings Plan works?
Savings plan assists to save, invest and build funds for the future. The premium paid by the life insured has two functions. One part of the premium is used to build the saving corpus and the other part goes towards the life cover.

The policy provides a sum assured to the nominee if the insured passes away during the policy period. When the policyholder survives the entire policy period of the savings plan, she/he will get the maturity benefits along with guaranteed2 additions and bonus(terminal or reversionary) on maturity.

The total amount received on maturity is the amount accumulated over the years along with bonuses, loyalty additions, and guaranteed2 additions, if any. The lump-sum amount can be utilised to meet financial needs like funding children’s education, purchasing property, or plan retirement.
What is covered in the Savings Plan?
Savings is known to provide you life cover as well as opportunity to invest. The policy covers you for:
Benefits of Savings Plan
Life Cover:
The savings insurance policy provides life cover to the policyholder In the case of an unfortunate event, the nominee gets the sum assured plus maturity benefit accrued over the years.
Benefits of Savings Plan
Maturity Benefit:
Under a savings plan the policyholder gets a maturity benefit that comprises variable bonuses. The benefit is paid when the policyholder survives the policy term and all the premiums are paid. If during this time, the policyholder passes away, the nominee will get the maturity amount accrued under the policy along with accumulated bonus.

Factors that affect savings plan premium

The premium for savings insurance is based on several factors. Primarily it depends upon the amount of return you are looking for

Savings Plan
Plan Type:
The savings plan type and option that you choose affects the premium.
Savings Plan
Sum Assured:
The premium under the savings plan depends on the sum assured that the life insured chooses at the policy’s inception
Savings Plan
Policy Term:
The premium will be in proportion to the policy term
Savings Plan
Premium Payment Term:
The premium under the savings insurance policy is also affected by the premium payment term. If the benefit payout period is longer than the premium payment term, the premium will be more.
Savings Plan
Age of the individual:
Starting early to save the premium can be cost-effective. The premium will be less when the age is less and vice versa.
Savings Plan
Riders^:
Under savings plans, the cover can be increased with available add-ons/ riders. A rider adds nominal cost to the premium but enhances the scope of coverage.

Savings Insurance riders

Riders are additional covers available at extra cost. These additional covers increase the scope of cover under the basic savings insurance. There are exclusions attached to the riders. Please refer rider brochure for more details

Tips to Choose a Savings Plan
Savings is the best way to make yourself wealthy in future. Note these tips when buying a savings plan:
Benefits of Savings Plan
Plan features:
Before buying the savings plan, you must check the plan features. A plan that offers a flexible premium payment option, free withdrawals, additional benefits will be most suitable
Benefits of Savings Plan
Online Availability:
Verify if the plan is available online or not. When the plan is available online you can review the returns on offer and check the nature of returns on your savings plan. Returns can be guaranteed2 (payable on the death and maturity) or non-guaranteed (that include bonuses variable and depend on the performance of the investment. You can also inquire about the amount of bonus you could get from the savings plan. The insurance companies disburse bonuses when they earn profits. If yes then buying online will be best as the premium will be less. Also, online policies save you time.
Benefits of Savings Plan
The reputation of insurers:
Insurers of a high repute can indicate how efficiently they serve their customers. You can go for the one that has a good reputation and reviews.
Benefits of Savings Plan
Claim settlement ratio:
Know about the claim settlement ratio of the company. It denotes how fast and how many claims an insurer settles from the total claims received.
Benefits of Savings Plan
Premium Paying Capacity:
Choose a savings plan for which the premium is affordable. You can choose a premium amount and premium payment time carefully after considering the amount you can bear for how many years. Apart from choosing the payment term and premium, you can also select the flexibility for premium payments. The savings plan gives the flexibility to pay premium on annual, monthly, quarterly, or half-yearly basis. If you have irregular income levels, you can choose to pay an annual-one time premium. Those who make regular income can pay monthly premium.
Benefits of Savings Plan
Guaranteed² Returns:
Consider your goal of buying an insurance policy. If you do not want any risk on returns, look for guaranteed2 returns
Benefits of Savings Plan
Life Goal:
Choose a savings plan based on the life goals, which can be vacation abroad, saving for retirement, buying an expensive car or a dream home.
Benefits of Savings Plan
Liquidity of the plan:
A savings plan that allows money withdrawals in an emergency will be the appropriate pick
Benefits of Savings Plan
Begin early with the savings plan:
You can start early when it is about the savings plan. Over the years, the power of compounding can give you a huge amount of savings.
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Frequently Asked Questions

Find out more about savings insurance and explore how it will benefit you.

To achieve your goal of building a house worth Rs.1 crore in the next 10 years, share your goal of savings with your life partner. The total current saving is Rs.10 lakhs and you save Rs.10,000 every month if the rate of return is 6%. With this scenario, you will have to save Rs.72,000 approximately for 10 years to build a house worth Rs.1.5 crore.
Different types of savings plans include these:
  • Participating: A participating savings plan allows you to share the profits of the insurance company. These profits are shared in the form of bonuses or dividends.
  • Non-Participating: Non-participating savings plan, profit and dividends are not shared with the policyholder.
  • Money-Back: In a money back savings plan, the life insured gets a percentage of sum assured at the regular intervals. This type of plan does not give lump sum payment at the end of the policy term.
  • Whole Life Plans:Whole life savings plan guarantees death benefit to the nominee if all the premiums are paid.
These are things to keep in mind before buying a savings plan:
  • Start early
  • Compare different plans
  • Make sure that the plan you choose matches your purpose of buying.
  • Look for flexibility in premium paying term and policy term
  • Review the returns whether they are guaranteed2 or not.
The amount of savings will depend on the requirements or the financial goals of the life insured. It implies that the amount of savings is governed by short-term or long-term goals. For example, if you are planning to own a house (long-term goal), you must save more rigorously but for a car, you will have to save less and for a short duration. According to a common rule, you should aim to keep nearly 4-6 times your monthly salary. You can also use a wealth calculator to know the exact amount you will require for your goal. It keeps in account inflation also. Based on the computation, you can plan your savings for the coming years.
Choosing the tenure of the savings plan will depend on the goals of saving. If you are saving to buy a car, you can buy a short-term savings plan. But if you are saving for your child’s education, you can plan for long-term savings. The latter goal is bigger and for that you will need more funds that is why long-term investment will suit.
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  • Disclaimer

    ¹ There are exclusions attached to the riders. Please refer rider brochure for more details.
    ² Provided all premiums are paid
    ³ As per annual audited figures submitted to IRDAI for the period FY 21-22.
    ⁴ Tax benefits are subject to changes in tax laws. Kindly consult your financial advisor for more details.
    ⁵ 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.5,82,840 lakhs.
    ⁶ Assured Income Plus,, 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.16.11 lakhs lakhs, Premium Rs.9999/- excluding GST), you get Rs.49.67 lakhs by age 54.
    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, Policy Option A,.Get Income Benefit of Rs.43,750/- +Loyalty Additions of Rs.21,875= Regular Income of Rs.65,625 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 Vision Life Income Plan, healthy male, age 21, Sum Assured Rs.10 lakhs. Annual Premium of Rs.1.62 lakhs approx for premium payment term: 8 years, policy term: 79 years, lump sum benefit of Rs.3.44 lakhs @8% or Rs.12000 @4% in 8th policy year,guaranteed regular income of Rs.50,000 plus bonus for life from 9th year.
    ¹⁰ 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%.
    ¹¹ ABSLI Vision Moneyback Plus Plan, age 21, healthy male, premium paying term 10 years, payment frequency annual, policy term 20 years, survival benefit option 4 years, annual premium Rs.99513 for 10 years (Rs.10.47 lakhs including GST), get Rs.19 lakhs benefit @8% return.
    ¹² ABSLI Vision LifeIncome Plus Plan, age 21, healthy male, premium paying term 8 years, policy term 18 years, income benefit option=short term income, annual premium Rs.4lakhs (Rs.50,000X8), Guaranteed Income Benefit of Rs.4,84,270/- in monthly instalments, Lump Sum maturity payout Rs.3,06,747 with returns @8%.
    ¹³ ABSLI Savings Plan, age 21, healthy male, policy term:10 years, premium payment term: regular, Sum Assured Rs.5,00,000/-, Maturity Benefit Rs 6 lakhs, Cumulative Premium Rs.6.05 lakhs.
    ¹⁴ ABSLI Vision LifeSecure Plan, age 21 years, healthy male, premium payment term: regular, policy term 16 years, total premium Rs.15751*16=Rs.2,52,016/-, guaranteed maturity payout Rs.2lakhs at the end of 16 years, Guaranteed Maturity Payout of Rs.2,64,614 if life insured survives till age 100 years.
    ¹⁵ ABSLI Income Assured Plan, age 21, healthy male, policy term 15 years, premium payment term 5 years, sum assured Rs.5 lakhs, Premium payable every year Rs.1,49,604/-, Income benefit Rs.40,000/- maturity Benefit Rs.8,50,000/- and Death benefit Rs.1,825,900/-.
    ¹⁶ ABSLI Vision Endowment Plus Plan, age 21 years, sum assured Rs.200000, premium paying term 7 years- annual, policy terms 10 years, Death benefit option: Option A, annual premium Rs.31,502/- for 7 years, Guaranteed total maturity benefit of Rs.2,20,514/- after 7 years for long term financial needs.
    ¹⁷ Where sum assured on maturity is equal to total premiums paid.
    ¹⁸ ABSLI Jeevan Bachat Plan, age 20 years, premium payment term 1 year, policy term 10 years, sum assured Rs.2 lakhs, premium payable Rs.20,900/-, maturity benefit Rs.26,120/-, death benefit Rs.2,06,120/-.
    ¹⁹ ABSLI Monthly Income Plan, age 21, healthy male, premium paying term 10 years-annual, policy term 20 years, benefit option: level income benefit, annual premium Rs.61,256* 10 years, guaranteed annual income benefit Rs.7,20,000 in monthly installments over 10 years, expected lump sum maturity benefit of Rs.5,04,904/- @8%.
    ²⁰ As per annual audited figures submitted to IRDAI for the period FY 20-21.
    ²¹ Guaranteed Maturity Benefit is equal to the fixed amount that the life insured will receive at the maturity date.
    ²² Sum assured is the fixed amount as defined under the policy which the life insured will receive at the maturity.
    ** Scenario: Rs. 1,00,000 Single Premium, Male, Age 32, Plan Option A, Policy Term : 10 years. Maturity Benefit: ₹185,279.
    # 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.5,82,840 lakhs.
    ABSLI Fixed Maturity Plan is a Non- Linked Non- Participating Individual Savings Life Insurance Plan (UIN: 109N135V01)
    ABSLI Assured Savings Plan Non-Linked Non-Participating Individual Savings Life Insurance Plan (UIN: 109N134V05).
    ABSLI Assured Income Plus Plan is a Non-Linked Non-Participating Individual Savings Life Insurance Plan (UIN: 109N127V07).
    ABSLI Vision Life Income Plan is a non-linked participating individual life insurance savings plan ( UIN: 109N131V01).
    ABSLI Secure Plus Plan is a non-linked non-participating individual life insurance savings plan ( UIN: 109N102V05).
    ABSLI Guaranteed Milestone Plan is a non-participating traditional insurance plan (UIN: 109N106V10)
    ABSLI Assured Flexi-Savings plan is a non-linked non-participating individual life insurance savings plan (UIN: 109N126V03).
    ABSLI Vision MoneyBack Plus Plan s a traditional participating life insurance plan (UIN: 109N093V04).
    ABSLI Vision LifeIncome Plan is a traditional participating endowment plan (UIN: 109N079V05).
    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.
    ABSLI Vision LifeSecure Plan is a traditional participating whole life insurance plan (UIN: 109N087V04).
    ABSLI Income Assured Plan is a traditional non-participating savings plan (UIN: 109N089V06).
    ABSLI Vision Endowment Plus Plan is a traditional participating endowment plan (UIN: 109N092V04).
    ABSLI Jeevan Bachat Plan is a non-linked non-participating life insurance plan (UIN: 109N107V03).
    ABSLI Monthly Income Plan is a participating non-linked life insurance plan (UIN: 109N122V02).
    All terms & conditions are guaranteed throughout the policy term, except for the bonuses which would be declared at the end of each financial year. GST 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.
    ADV/8/22-23/1024