ABSLI Smart Wealth Pension Plan

¹ Scenario is for Age 40 Years invests in ABSLI Wealth Aspire Plan, Prime Variant Option, Basic annual premium: ₹1,00,000. Premium Payment Term 10 years, Policy Term 20 years, Pension Maximiser Fund, Vesting Benefit @8% - ₹27,37,338/- and @4% ₹15,14,714.Assumed rates of returns @4% and @8% p. a., are only illustrative scenarios at these rates after considering all applicable charges. These are not guaranteed and they are not higher or lower limits of returns. Unit Linked Life Insurance products are subject to market risks. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans and their future prospects or returns.
Refer to policy brochure for more details.

²Annuity Booster of 1% (Limited/Regular Pay) or 0.5% (Single Pay), based on the average Fund Value of the last 24 months, will be added at vesting, , provided you utilize the Vesting Benefit (minimum 40% to a maximum of 100%) to purchase an immediate or deferred annuity from ABSLI at the then prevailing annuity rate. That is, whatever proportion the Policyholder chooses to annuitize, the entire amount should be annuitized with ABSLI.

³If Advantage Option is chosen, and Policy Term is chosen for 30 years and above.

⁴In case of Joint Life, on first death of either of the Life Assured, all future premiums payable under the policy will be waived.

Linked insurance products are different from the traditional insurance products and are subject to the risk factors.
This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This is a non-participating unit linked life insurance plan. Aditya Birla Sun Life Insurance is only the name of the Life Insurance Company and ABSLI Wealth Aspire Plan is only the name of the linked insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns.

In this plan, the investment risk in the investment funds chosen by you is borne by you. Investment funds are subject to investment risks and unit prices may go up or down reflecting the market value of the underlying assets. Please know the associated risks and the applicable charges, from your insurance agent or the Intermediary or policy document. The various funds offered under this contract are the names of the funds and do not indicate in any way the quality of these plans, their future prospects and returns. Past performance is no guarantee of future results. The charges are guaranteed throughout the term of the policy unless specifically mentioned and subject to IRDAI approval. The value of the investment 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. 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 segregated funds and factors influencing the capital market and the policyholder is responsible for his/her decisions. There is no guarantee or assurance of returns above the guaranteed returns from the segregated funds. An extra premium may be charged as per our existing underwriting guidelines for substandard lives. The insurance cover for the life insured will commence on the policy issue date.

UIN: 109L157V01