ABSLI Assured FlexiSavings Plan

ABSLI Salaried Suraksha ULIP

In this ulip policy, the investment risk in investment portfolio is borne by the policyholder.
In this ulip policy, the investment risk in investment portfolio is borne by the policyholder.
Choice of Sum Assured Multiple as high as 125X*
Return of 2X Premium Allocation Charges and 2X Mortality Charges

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Give ₹ 2 lakhs/ year for 6 years
Get ₹ 14.20 lakhs @ 4% or Rs 29.61 lakhs @ 8% at maturity1.
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Why buy ABSLI Salaried Suraksha ULIP?

Aditya Birla Sun Life Insurance Salaried Suraksha ULIP is a unit linked non-participating individual life insurance savings plan that grows your wealth through market linked returns along with providing ample protection to your loved ones with Life Insurance cover.

Key Features:
  • iconbullet Choice of Sum Assured Multiple as high as 125X*
  • iconbullet Return of 2X Premium Allocation Charges
  • iconbullet Return of 2X Mortality Charges
  • iconbullet Choice of 5 investment strategies and 18 funds to suit your varied investment needs.
  • iconbullet Get enhanced protection through Comprehensive Critical Illness Rider, Accidental Death Benefit Plus Rider and Waiver of Premium Rider.
  • iconbullet Tax Benefits may be applicable on Premiums paid and Benefits received as per prevailing tax laws.
Brochure Leaflet Policy Contract

Benefits of ABSLI Salaried Suraksha ULIP

Death Benefit
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:
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Death Benefit
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.

Provided that the policy is in-force, i.e. all due premiums have been received, the allocation charge and the Mortality Charge collected, excluding GST, over the Policy Term are returned to the Policyholder. If a policy becomes reduced paid-up, then it will not be eligible for future return of charges.
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Return of Charges
Return of 2X Premium Allocation Charge:
2 times the total Premium Allocation Charges (excluding taxes) collected, shall be added back in the form of allocation of extra units in the fund. The addition will happen at the end of each of the years between 10 to 13 years.

Return of 2X Mortality Charges:
The product offers a return of 2 times the mortality charges starting from policy year 11. The addition is in the form of extra units in the fund.
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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: 109A041V01
In the unfortunate event that the life insured is diagnosed to be suffering from critical illnesses as mentioned in the Rider brochure, as per the variant, rider Sum Assured is paid in lumpsum as per the conditions mentioned in the rider brochure. This rider offers 3 variants: Silver Variant covers 10 CIs, Gold Variant covers 25 CIs and Platinum Variant covers 64 CIs .
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ABSLI Accidental Death Benefit Rider Plus
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.
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ABSLI Waiver of Premium Rider
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
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Buy ABSLI Assured Savings Plan Online

Get Market Linked Returns along with Life Cover

Buy ABSLI SALARIED SURAKSHA ULIP Plan Now.
Buy Online.
Eligibility criteria & specifications
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 As per minimum Sum Assured
Maximum Premium No Limit (subject to Board Approved Underwriting Policy)
Minimum Sum Assured Rs. 50,00,000
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
Sum Assured Bands  
Band Sum Assured
Band 1 50,00,000 to 74,99,999
Band 2 75,00,000 to 99,99,999
Band 3 1,00,00,000 and above

How does ABSLI Salaried Suraksha ULIP Plan Work?

  • Mr. Agnihotri aged 35 years purchases ABSLI Salaried Suraksha ULIP
  • Sum Assured: Rs. 1,00,00,000 | Sum Assured Multiple: 100X | Annualized Premium: Rs. 1,00,000 | Premium Payment Term: 12 years | Policy Term: 30 years | Investment Option: Self-Managed Option | Fund Chosen: Maximizer | Premium Payment Mode: Annual
  • Mr. Agnihotri survives the entire policy term. Return of charges will be added back to the fund value in the form of additional units.
View Illustration
  • Mr. Agnihotri aged 35 years purchases ABSLI Salaried Suraksha ULIP
  • Sum Assured: Rs. 1,00,00,000 | Sum Assured Multiple: 100X | Annualized Premium: Rs. 1,00,000 | Premium Payment Term: 10 years | Policy Term: 30 years | Investment Option: Self-Managed Option | Fund Chosen: Maximizer | Premium Payment Mode: Annual
  • Mr. Agnihotri’s dies in the 5th policy year the death benefit will be calculated as mentioned below. The policy terminates on payment of death benefit.
View Illustration
  • Mr. Agnihotri aged 35 years purchases ABSLI Salaried Suraksha ULIP along with ABSLI Comprehensive Critical Illness Rider, ABSLI Accidental Death Benefit Plus Rider.
  • Sum Assured: Rs. 1,00,00,000 | Sum Assured Multiple: 100X | Annualized Premium: Rs. 1,00,000 | Premium Payment Term: 12 years | Policy Term: 30 years | Investment Option: Self-Managed Option | Fund Chosen: Maximizer | Premium Payment Mode: Annual
  • CCI Rider Variant: Silver | CCI Rider Sum Assured: Rs. 20,00,000
  • ADB Plus Rider Sum Assured: Rs. 1,00,00,000
  • Mr. Agnihotri is diagnosed with Critical illness in the 5th policy year.
    On diagnosis of CI, 100% of Rider Sum Assured i.e., Rs. 20,00,000 in this case is paid to him and CCI rider is terminated. The base policy along with ADB Plus Rider continues as is and on Policy maturity, Maturity Benefit is paid to Mr. Agnihotri.
View Illustration
  • Mr. Agnihotri aged 35 years purchases ABSLI Salaried Suraksha ULIP along with ABSLI Comprehensive Critical Illness Rider, ABSLI Accidental Death Benefit Plus Rider.
  • Sum Assured: Rs. 1,00,00,000 | Sum Assured Multiple: 100X | Annualized Premium: Rs. 1,00,000 | Premium Payment Term: 12 years | Policy Term: 30 years | Investment Option: Self-Managed Option | Fund Chosen: Maximizer | Premium Payment Mode: Annual
  • CCI Rider Variant: Silver | CCI Rider Sum Assured: Rs. 20,00,000
  • ADB Plus Rider Sum Assured: Rs. 1,00,00,000
  • Mr. Agnihotri dies due to accident in the 5th Policy Year.
    On death, Mr. Agnihotri’s nominee/legal heir(s) receives Rs. 1,00,00,000 as Death Benefit of the base plan along with Rs. 1,00,00,000 as rider Sum Assured. So, they receive a total of Rs. 2,00,00,000 on Mr. Agnihotri’s death.
View Illustration
  • Mr. Agnihotri aged 35 years purchases ABSLI Salaried Suraksha ULIP along with ABSLI Comprehensive Critical Illness Rider, ABSLI Accidental Death Benefit Plus Rider & ABSLI Waiver of Premium Rider.
  • Sum Assured: Rs. 1,00,00,000 | Sum Assured Multiple: 100X | Annualized Premium: Rs. 1,00,000 | Premium Payment Term: 12 years | Policy Term: 30 years | Investment Option: Self-Managed Option | Fund Chosen: Maximizer | Premium Payment Mode: Annual
  • CCI Rider Variant: Silver | CCI Rider Sum Assured: Rs. 20,00,000
  • ADB Plus Rider Sum Assured: Rs. 1,00,00,000
  • Waiver of Premium Rider is opted.
  • Mr. Agnihotri is diagnosed with Critical illness in the 5th policy year.
    On diagnosis of CI, 100% of Rider Sum Assured i.e., Rs. 20,00,000 in this case is paid to him and CCI rider is terminated. Waiver of Premium rider is triggered & all the future due premiums is paid by the company. The base policy along with ADB Plus Rider continues and on Policy maturity, Maturity Benefit is paid to Mr. Agnihotri.
View Illustration

Suicide Exclusion

In case of death due to suicide within 12 months from the date of commencement of the policy or from the date of revival of the policy, as applicable, the nominee or the beneficiary of the Policyholder shall be entitled to the Fund Value, as available on the date of intimation of death.
Further any charges other than Fund Management Charges (FMC) recovered subsequent to the date of death shall be added back to the Fund Value as available on the date of intimation of death.

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  • Disclaimer

    * Depends on age, PPT, PT chosen at inception of the policy.
    1 Male | Age: 35 Years | Sum Assured: Rs. 1,00,00,000 | Sum Assured Multiple: 50X | Annualized Premium: Rs. 2,00,000 | Premium Payment Term: 6 years | Policy Term: 20 years | Investment Option: Self-Managed Option | Fund Chosen: Maximizer | Premium Payment Mode: Annual | Comprehensive Critical Illness Rider: Silver Variant (10 CIs) | Comprehensive Critical Illness Rider Sum Assured: 75% of Base Sum Assured: Rs. 75,00,000 | Comprehensive Critical Illness Rider Premium: Rs. 55,875 | 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. 7,875
    Depends on age, PPT, PT chosen at inception of the policy.
    Aditya Birla Sun Life Insurance and ABSLI Salaried Suraksha ULIP 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 Life Insured is responsible for his/her decisions.
    GST and any other applicable taxes levied as per extant tax laws shall be deducted from the premium or from the allotted units as applicable.
    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 Life Insured.
    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 Life Insured.
    Life Insured 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. Linked Life insurance products are different from the traditional life insurance products and are subject to the risk factors. 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. 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 equity 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. Tax benefits may be available as per prevailing tax laws. For more details on risk factors, terms and conditions please read sales brochure carefully before concluding the sale.
    UIN: 109L145V01
    ADV/5/24-25/218