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Aditya Birla Sun Life Insurance Company Limited

ABSLI Param Suraksha

IN THIS ULIP POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to withdraw/surrender the monies invested in Linked Insurance Products completely or partially till the end of the fifth year from inception.

Choice of Life Insurance Cover as high as 30X^$

Systematic withdrawal facility

Give ₹5 lakhs/year for 6 years
Get ₹ 90.05 lakhs @ 8% return &
₹ 45.65 lakhs @ 4% at
maturity¹

Why Buy ABSLI Param Suraksha?

ABSLI Param Suraksha is a unit-linked non-participating individual life insurance savings plan. It offers the dual advantage of a robust term plan cover that protects your loved ones and the growth opportunities of a ULIP plan. Whether you're planning for your child's education, your dream retirement, or any significant life milestone, our comprehensive financial solution, ABSLI Param Suraksha is designed to support and empower you every step of the way.

Key Features:

Choice of Life insurance cover as high as 30X basis the Age and PT chosen at policy inception.

Return of 2X Premium Allocation Charges from end of 10th year to 13th year to boost your Fund Value.

Return of 2X Mortality Charges from 11th policy year till the end of policy term.

Systematic Withdrawal Facility to enable regular withdrawals from your Fund Value during the policy term to cater to your recurring monetary needs.

Choice of 5 investment strategies and 19 funds to suit your varied investment needs.

Tax Benefits may be applicable on Premiums paid and Benefits received as per prevailing tax laws.

Prospectus Policy Contract CIS Leaflet

Benefits Of ABSLI Param Suraksha

Death Benefit

If the policy is in-force: In case of Death of the Life Insured anytime during the Policy Term, while the policy is in-force, we will pay to the nominee/legal heir higher of:

Maturity Benefit

When the policy matures upon Life Insured surviving up to the end of the Policy Term, the Policyholder will receive the Fund Value as a lumpsum, unless the policyholder has opted for settlement option.

Riders

For added protection, you can enhance your risk coverage during the Policy Term by adding following riders at a nominal extra cost.

ABSLI Accidental Death Benefit Rider Plus

UIN: 109A024V01

In the unfortunate event of death of the Life Insured due to an Accident within 180 days of occurrence of the accident, we will pay 100% of the rider sum assured to the nominee. Also, we will refund the premiums collected after the date of Accident till date of death, with interest as declared by us from time to time, along with death benefit payable.

ABSLI Waiver of Premium Rider

UIN: 109A039V01

In case of the following conditions Life insured becomes completely disabled due to an illness or accident Life insured is diagnosed with any of the specified critical illnesses

ABSLI Comprehensive Critical Illness Rider

UIN: 109A041V01

In the unfortunate event that the life insured is diagnosed to be suffering from critical illnesses as mentioned in the Rider prospectus, as per the variant, rider Sum Assured is paid in lumpsum as per the conditions mentioned in the rider prospectus. This rider offers 3 variants: Silver Variant covers 10 CIs, Gold Variant covers 25 CIs and Platinum Variant covers 64 CIs .

Product Specifications
Type of Plan	A Unit-Linked Non-Participating Individual Life Insurance Savings Plan
Coverage	All Individuals (Male \| Female \| Transgender)
Minimum Entry Age (age as on last birthday)	18 Years
Maximum Entry Age (age as on last birthday)	50 years
Maximum Maturity Age (age as on last birthday)	75 years
Minimum Premium	Rs. 1,00,000 if paid Annually Rs. 50,000 if paid Semi-annually Rs. 25,000 if paid Quarterly Rs. 8,333 p.a. if paid Monthly
Maximum Premium	No Limit (subject to Board Approved Underwriting Policy)
Minimum Sum Assured	Rs. 7,00,000
Maximum Sum Assured	No Limit (subject to Board Approved Underwriting Policy)
Premium Payment Term (PPT)	6 \| 8 \| 10 \| 12 Years
Policy Term (PT)	15 \| 20 \| 25 \| 26 \| 27 \| 28 \| 29 \| 30 Years
Premium Payment Mode	Annual \| Semi-annually \| Quarterly \| Monthly

How Does ABSLI Param Suraksha Work?

Use Case 1

Use Case 2

Mr. Varma aged 35 years purchases ABSLI Param Suraksha with the details as given below:

Mr. Varma survives the entire policy term. Return of charges will be added back to the fund value in the form of additional units.

How To Initiate Claim?

3 quick steps, everything online.

Fill basic details

Claim intimation

Document submission

More About Claims

Frequently Asked Questions

ABSLI Param Suraksha is a unit linked, non-participating insurance plan is an exclusive solution tailored for all individuals which provides protection of a term plan and growth potential of a ULIP. This plan grows your wealth through market linked returns along with providing ample protection to your loved ones with Life Insurance cover for as high as 30X.

Yes, all individuals with minimum Annual Income of Rs. 5,00,000 are eligible for this plan.

No, the Policyholder will not have the flexibility to increase or decrease the Premium Payment Term under this plan.

This plan offers 5 investment strategies for the policyholders to choose according to their goals & risk appetite. Investment strategies as follows:-
i. Systematic Transfer Investment Option is an option for individuals who would like to eliminate the need to time one’s investments in the market.
ii. Return Optimiser Investment Option is an option for individuals who would like to have optimal participation in the capital markets while safeguarding their returns from any market related volatilities.
iii. Self-Managed Investment Option is an option for individuals who would like to have complete control over their investment.
iv. Smart Investment Option is an option for individuals who would like to take care of ever-changing financial needs as per their increasing age.
v. Life Cycle Investment Option is an option for individuals who would like to create an ideal balance between equity and debt, based on their age.

Yes, Policyholder can switch between different investment strategies any time after first policy year during the policy term. Policyholder can give Us a written notice to exercise this option. Upon exercising the option to change the Investment strategy, all Instalment Premiums will be allocated per the new Investment strategy from the date of such change confirmed in writing by Us. The existing Fund Value will be allocated per the new Investment Option.

^$ Basis age and PT chosen at policy inception ¹ Male | Age: 35 Years | Sum Assured: Rs. 1,00,00,000 | Sum Assured Multiple: 20X | Annualized Premium: Rs. 5,00,000 | Premium Payment Term: 6 years | Policy Term: 20 years | Investment Option: Self-Managed Option | Fund Chosen: Nifty Alpha 50 Index Fund | Premium Payment Mode: Annual | Comprehensive Critical Illness Rider: Platinum Variant (64 CIs) | Comprehensive Critical Illness Rider Sum Assured: 100% of Base Sum Assured: Rs. 1,00,00,000 | Comprehensive Critical Illness Rider Premium: Rs. 1,27,400 | Accidental Death Benefit Plus Rider Sum Assured: Rs. 1,00,00,000 | Accidental Death Benefit Rider Plus Premium: Rs. 13,800 | Waiver of Premium Rider: Rs. 18,723. 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.

This is a unit-linked non-participating individual life insurance savings plan.
Past performance is not necessarily an indication of future performance.
This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI).
Aditya Birla Sun Life Insurance and ABSLI Param Suraksha are only the names of the Company and Policy respectively and do not in any way indicate their quality, future prospects or returns.
The name of the funds offered in this plan does not in any indicate their quality, future prospects or returns.
The value of the fund reflects the value of the underlying investments. These investments are subject to market risks and change in fundamentals such as tax rates etc affecting the investment portfolio. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document.
The premium paid in unit linked life insurance policies are subject to investment risk associated with capital markets and the unit price of the units may go up or down based on the performance of fund and factors influencing the capital market and the policyholder is responsible for his/her decisions.
An extra premium may be charged as per our then existing underwriting guidelines for substandard lives, smokers or people having hazardous occupations etc.
This brochure 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.
In the Unit Linked Policy, the investment risk in the investment portfolio is borne by the Policyholder.
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.
“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. 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. Linked Life insurance products are different from the traditional life insurance products and are subject to the risk factors. Please know the associated risks and the applicable charges, from your insurance agent or the Intermediary or policy document.
UIN: 109L149V01
ADV/1/25-26/1591

ABSLI Param Suraksha

Give ₹5 lakhs/year for 6 years
Get ₹ 90.05 lakhs @ 8% return &
₹ 45.65 lakhs @ 4% at
maturity¹

Why Buy ABSLI Param Suraksha?