ABSLI Fortune Elite Plan

IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER

Aditya Birla Sun Life Insurance Fortune Elite Plan provides insurance coverage and the opportunity of wealth preservation and enhancement.

Key Features

  • 3 investment options to suit your investment needs
  • Flexibility to choose policy term
  • Flexible premium paying terms
  • Flexibility of partial withdrawals

Investment Options

  • Systematic Transfer Option

    For individuals who would like to eliminate the need to time one's investments in the market. This option is only available if you have opted for annual mode.

  • Return Optimiser Option

    For individuals who would like to have optimal participation in the capital markets while safeguarding their returns from any market-related volatility.

  • Self-Managed Option

    For individuals who would like to have control over their investment.

  • Guaranteed Additions

    You are rewarded for policy continuance in the form of additional units

  • Death Benefit

    In the unfortunate event the life insured dies while the policy is in effect, we will pay to the nominee the greater of:

    • Basic Fund Value as on date of intimation of death; or
    • Basic Sum Assured

    In addition we will also pay the greater of

    • Top-up Fund Value as on date of intimation of death; or
    • Top-up Sum Assured
  • Maturity Benefit

    If you survive till the end of the policy term, a maturity benefit will be paid to you, which is the sum of Basic Fund Value and Top-up Fund Value.

  • Surrender Benefit

    In case of emergencies, you can surrender your policy to us anytime during the policy term. Any such surrender will be treated according to the provisions mentioned in the Policy Discontinuance Section.

  • Entry Age (age last birthday)

    30 days* to 55 years for 5 pay and up to 65 years for other pay terms (subject to max maturity age of 75 years)

  • Policy Term

    10 | 20 | 25 | 30 | 35 | 40 years

  • Premium Paying Term

    5 | 10 | 15 | 20 years**

  • Minimum Basic Premium

    Rs. 40,000

  • Minimum Sum Assured

    Rs. 4,00,000

  • Top-up Premium

    Minimum Rs. 5,000

    *Risk commences from first policy anniversary.

    ** For age at entry between 56 to 65 years (both inclusive), the minimum premium paying term will be 10 years 

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Riders

  • ABSLI Accidental Death Benefit Rider Plus (UIN: 109B023V02)

    Get additional protection for accident leading to death at a nominal cost.

  • ABSLI Waiver of Premium Rider (UIN: 109B017V02)

    All future premiums waived in case of permanent disability, death or 4 specified major illness

Frequently Asked Questions

  • Who can buy this plan?

    You are eligible for ABSLI Fortune Elite Plan if you’re between ages 301 days – 55 years for 5 pay and 65 years for others (subject to maximum maturity age of 75 years) and willing to invest a minimum of Rs. 40,000 p.a.

    1Risk commences from first policy anniversary.

  • What will be the minimum premium for this plan?

    The minimum basic premium is Rs. 40,000 p.a. There is no limit on the maximum basic premium that you can invest.

  • Does it cover critical illness?

    No, it does not cover critical illness.

  • Does it cover death benefit?

    In case of the life insured’s unfortunate demise during the policy period, death benefit will be paid to your nominee. The policy will stand terminated once the death benefit is paid.

  • Can I include my family members in this plan?

    Your family member can be a nominee in this plan.

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Disclaimer

The linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender/withdraw the monies invested in Linked Insurance Products completely or partially till the end of the fifth year from inception. 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 and ABSLI Fortune Elite Plan 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 way indicate their quality, future prospects or returns. The charges are guaranteed throughout the term of the policy unless specifically mentioned and subject to IRDAI approval. The value of the segregated 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. Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors. The premium paid in Unit Linked Life Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of the fund and factors' influencing the capital market and the insured is responsible for his or her decision. 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 segregated fund 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. 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. The Past performance of the Unit linked fund(s) of the company is not necessarily indicative of the future performance of any of these Unit linked fund(s). For more details on risk factors, terms and conditions please read sales brochure carefully before concluding the sale. The insurance cover for the life insured will commence on the policy issue date. This brochure contains the salient features of the plan. For further details please refer to the policy contract. Tax benefits are subject to changes in the 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. Aditya Birla Sun Life Insurance Company Limited Registered Office: One World Center Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. Toll-free : 1-800-270-7000 Website: www.adityabirlasunlifeinsurance.com Registration No.109 CIN: U99999MH2000PLC128110 UIN: 109L090V04

ADV/9/20-21/1158

Need help with life insurance?

+91
I agree to the Terms of Usage and Privacy Policy and authorize Aditya Birla Sun Life Insurance Company Limited and its associates to call/SMS/Email/WhatsApp me.

Thank you for your details. We will reach out to you shortly.

1800-270-7000 or reach out to us on this number.

Thank you for your details. Currently we are facing issue in our system.

1800-270-7000 or reach out to us on this number.