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Aditya Birla Sun Life Insurance Company Limited

ABSLI Nishchit Laabh Plan

A non-linked non-participating individual life insurance savings plan.
Where uncertainty is backed up by Guarantee!

Guaranteed^# Lumpsum Benefit

Moneyback Option

Give ₹50000/year for 10 years and Get  ₹9 lakhs at Maturity¹

Why buy ABSLI Nishchit Laabh Plan?

ABSLI Nishchit Laabh Plan provides guaranteed^# returns with multiple flexibility and security for your family despite the ups and downs of life. It helps achieve life's goals by taking care of the expenses and burden of any uncertainty. The plan offers guaranteed^# lumpsum benefits and has regular income and moneyback option that one can choose depending on their saving needs.

Key Features

Choice of 3 Plan Options – Endowment, Income with Lumpsum and Moneyback Option.

Get Long-term guaranteed^# income for 20 or 30 years under Income with Lumpsum option

Loyalty Additions to boost maturity corpus, survival benefits as per the chosen plan option.

Guaranteed^# Lumpsum Benefit at Maturity of the policy.

Flexibility to Build Your Own Plan with choice of plan option, premium payment term, policy term.

Get Assured protection with life cover across policy term.

Prospectus Leaflet Policy Contract CIS

Benefits of ABSLI Nishchit Laabh Plan

ABSLI Nishchit Laabh Plan provides guaranteed^# lumpsum at maturity and also offers Income with lumpsum and moneyback option

Survival Benefit

On Survival of life insured, provided all due premiums have been paid, Survival Benefit is paid as below.

Death Benefit

In the unfortunate event of Death of the Life Insured anytime during the Policy Term, provided the policy is in-force, Death Benefit shall be payable as a lump-sum to the nominee.

Maturity Benefit

Endowment & Income with Lumpsum Option: On survival of life insured till the end of policy term, Guaranteed^# Lumpsum Benefit (GLB) plus Loyalty additions are payable. Guaranteed# Lumpsum Benefit is the amount which is guaranteed^# to become payable on the date of maturity and is expressed as percentage of Total Premiums Payable over the Premium Payment Term, excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any.

Enhance ABSLI Nishchit Laabh Plan with Riders

Enhance your cover with Riders at nominal additional premium There are exclusions attached to the riders. Please refer rider prospectus for more details

ABSLI Accidental Death Benefit Rider Plus

UIN: 109B023V02

This rider provides 100% of Rider Sum Assured as an additional lump sum amount in case of death due to accident of Life Insured. Additionally, the rider premiums collected aﬅer the date of Accident till date of death, shall be refunded with interest, along with death benefit payable. This rider is only applicable for a Life Insured aged 18 years & above and the rider policy term cannot exceed the base policy term.

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ABSLI Critical Illness Rider

UIN: 109B019V03

This rider provides lump sum on survival of 30 days from the date of diagnosis of any of the specified critical illnesses. This rider is only applicable for a Life Insured aged 18 years and above and the rider policy term cannot exceed the base policy term.

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ABSLI Hospital Care Rider

UIN: 109B016V03

This provides daily cash benefit in case of hospitalization for a minimum period of 24 hours for medically necessary treatment of any Illness or Injury payable from the first day for the duration of hospitalization. This rider is only applicable for a Life Insured aged 18 years and above and the rider policy term cannot exceed the base policy term.

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How does ABSLI Nishchit Laabh Plan Work?

Use Case 1

Use Case 2

Use Case 3

Mr. Vikram Verma, age 35 years, invests Rs. 50,000 p.a. in ABSLI Nishchit Laabh Plan.

He opts for Endowment Option with Premium Payment Term of 10 years and Policy Term of 20 years.

Mr. Verma survives through the Policy Term and receives Maturity Benefit at end of policy term

VIEW ELIGIBILITY CRITERIA

Product Specifications

Type of Plan

A Non-linked, Non-participating, Individual life insurance Savings plan

Coverage

All Individuals (Male | Female | Transgender)

Benefit Options

Endowment Option
Income with Lumpsum Option
Moneyback Option

Benefit options chosen at inception cannot be changed thereafter. Premium will vary depending upon the Option chosen at inception .

Age of the Life Insured at Entry (age as on last birthday)

Minimum

30 days*

* In case the Life Insured is a minor, the Policy will automatically vest once the life insured attains the age of majority. The risk coverage for the minors will start from the Date of Commencement of Risk.

Maximum

Endowment & Income with Lumpsum Option: 60 years

Moneyback Option: 55 years

Maturity Age of the Life Insured (age as on last birthday)

Minimum

18 years

Maximum

Endowment Option : 85 years ( age last birthday)

Income with Lumpsum Option: 88 years ( age last birthday)

Moneyback Option: 80 years ( age last birthday)

Premium Payment Term (PPT) & Policy Term (PT)

Plan Option	Premium Payment Term (years)	Policy Term (years)
Endowment Option	8, 10 and 12	20, 25
Income with Lumpsum Option		(PPT + 20), (PPT + 30)
Moneyback Option		20, 25

Premium Payment Modes and Modal Factors

Annual | Semi-Annual | Quarterly | Monthly

Mode	Annual	Semi-annual	Quarterly	Monthly
Modal Factors	0%	2.0%	3.0%	4.0%

Minimum Annualized Premium

Rs. 15 ,000

Maximum Annualized Premium

Rs. 1 ,00,000

Minimum Sum Assured

Rs. 1 , 5 0,000

Maximum Sum Assured

Rs. 10,60,000 (Subject to Board Approved Underwriting)

Benefit Payout Frequency

You can choose to receive income benefit under Income with Lumpsum option in annual or semi-annual or quarterly or monthly frequency. Income will be paid at the end of chosen frequency as opted by you.

POS Boundary Conditions

Premium Payment Term (PPT) & Policy Term (PT)

Plan Option

Premium Payment Term

(years)

Policy Term

(years)

Endowment Option

8, 10 and 12

Moneyback Option

Age of the Life Insured at Entry (Age as on last birthday)

Minimum

30 days*

Maximum

Endowment & Moneyback Option: 45years

Maturity Age of the Life Insured (Age as on last birthday)

65 years

Minimum Annualized

Premium

Rs.15,000

Maximum Annualized Premium

Rs. 1,00,000

Maximum Sum Assured on Death

Rs. 25,00,000

Premium Payment Frequency and Frequency Loadings

Mode	Annual	Semi-annual	Quarterly	Monthly
Modal Loading	0%	2.0%	3.0%	4.0%

Want Guaranteed Lumpsum Benefit?

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Suicide Exclusion

If the Life Insured dies by suicide within 12 months of the effective date of risk commencement or the date of revival of policy, the policy shall terminate immediately. In such cases, the Company shall pay higher of Surrender Value or (total premiums paid plus underwriting extra premiums paid plus loadings for modal premiums paid excluding applicable taxes) in case the policy has acquired a surrender value; or Total premiums Paid plus underwriting extra premiums paid plus loadings for modal premiums paid excluding applicable taxes in case the policy has not acquired a surrender value.

How to initiate Claim?

3 quick steps, everything online.

Fill basic details

Claim intimation

Document submission

More About Claims

Frequently Asked Questions

Know more about Nishchit Laabh Plan in detail here:

ABSLI Nishchit Laabh Plan is a non-linked non-participating individual life insurance savings plan that provides life insurance cover with guaranteed^# lumpsum benefits, regular income, or moneyback benefit depending on your saving needs.

No, the income is payable every policy year after the completion of the Premium Payment Term.

Yes, the chosen Income Benefit Payout Frequency can be changed during the policy term.

Yes, Guaranteed^# Lumpsum benefit varies according to the premium payment term and policy term chosen at inception of the policy.

No, commutation of future income’s as lumpsum payout is not offered under this plan.

^#Provided all due premiums are paid
ADV/7/25-26/705 ¹ ABSLI Nishchit Laabh Plan, Policy holder age :35 years chooses endowment option and pays annualized premium of INR 50,000. He chooses PPT - 10 yrs, PT - 20 yrs. He receives Guaranteed lumpsum benefit of ₹ 6,50,000 and loyalty addition of ₹2,50,000.

This is a non-linked non-participating individual savings life insurance plan.
This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI).
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.
This prospectus contains only the salient features of the plan. For further details, please refer to the policy contract.
This product shall also be available for sales through online channel.
Tax benefits may be available as per prevailing tax laws. 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.
All policy benefits are subject to policy being in force.
“We”, “Us”, “Our” or “the Company” or “ABSLI” means Aditya Birla Sun Life Insurance Company Limited.
“You” or “Your” means the Policyholder.
Policyholder and Life Insured can be different under this product. In all situations, it is ensured that the Policyholder has an insurable interest in the Life Insured.

For other terms and conditions, request Your Agent Advisor or intermediaries for giving a detailed presentation of the product before concluding the sale. Should you need any further information from us, please contact us on the below mentioned address and numbers.(UIN: 109N150V05)
ADV/7/25-26/705

ABSLI Nishchit Laabh Plan

Give ₹50000/year for 10 years and Get  ₹9 lakhs at Maturity¹

Why buy ABSLI Nishchit Laabh Plan?