ABSLI Wealth Infinia

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


PROTECTING your lifestyle and your wealth creation goals is now possible


A market-linked savings plan that returns policy charges and helps you build a legacy fund

Aditya Birla Sun Life Insurance Wealth Infinia provides Suite of Investment Options to choose from, Milestone & Estate Planning, Accumulation of loyalty additions & wealth boosters, Return of charges and Two Plan Options. Make the SMART Move with ABSLI Wealth Infinia.

Key Features

  • Return of Premium Allocation Charge & Mortality Charge
  • Systematic Withdrawal Facility to enable regular withdrawals
  • Wealth Boosters and Loyalty Additions
  • Choice of 5 Investment Strategies and 16 Funds
  • Death Benefit

    For both variants, in case of the life insured’s unfortunate demise during the policy term, the death benefit will be payable the nominee. Death benefit is higher of:

    a) Fund value on date of intimation of death

    b) Sum Assured (reduced by partial withdrawals made during the two years immediately preceding the date of death of the Life Insured, if any); or

    c) 105% of the Total Annualized Premiums/Single Premium received till the date of death of the Life Insured (reduced by all partial withdrawals made during the two years immediately preceding the date of death of the Life Insured, if any)

  • Maturity Benefit

    On survival of life insured up to end of Policy Term, the fund value shall be paid out in lump sum or as a structured payout using Settlement Option, provided all due premiums have been paid. In addition to the fund value, premium allocation charge and mortality charge will be returned and are added as additional units to the fund value.

  • Loyalty Additions

    Loyalty Additions calculated as a percentage of fund value are additional units added to the policy which shall be credited only if the Life Insured has paid all due premiums under the policy

    Legacy Variant: Limited Pay

    Premium Band

    Loyalty Additions

    Band 1

    Loyalty Additions is added at the end of every policy year starting from year 11.

    0.10% of Fund Value shall be added every year in the form of additional units in the Fund Value as the Loyalty Addition

    Band 2

    Loyalty Additions is added at the end of every policy year starting from year 6.

    0.20% of Fund Value shall be added every year in the form of additional units in the Fund Value as the Loyalty Addition

    Band 3

    Loyalty Additions is added at the end of every policy year starting from year 6.

    0.40% of Fund Value shall be added every year in the form of additional units in the Fund Value as the Loyalty Addition


    Milestone Variant: Limited Pay/ Regular Pay

    Premium Band

    Loyalty Additions

    Band 1

    Loyalty Additions is added at the end of every policy year starting from year 11.

    0.10% of Fund Value shall be added in the form of additional units in the Fund Value as the Loyalty Addition at the end of year 11.

    The Loyalty Additions increase by 0.05% every year thereafter till the end of policy term.

    Band 2

    Loyalty Additions is added at the end of every policy year starting from year 6.

    0.10% of Fund Value shall be added in the form of additional units in the Fund Value as the Loyalty Addition at the end of year 6.

    The Loyalty Additions increase by 0.05% every year thereafter till the end of policy term.

    Band 3

    Loyalty Additions is added at the end of every policy year starting from year 6.

    0.20% of Fund Value shall be added in the form of additional units in the Fund Value as the Loyalty Addition at the end of year 6.

    The Loyalty Additions increase by 0.05% every year thereafter till the end of policy term.


    Note: Loyalty Additions will not be applicable for policies with ‘Single Pay’ as their Premium Payment Term (for both Legacy and Milestone Variants).

  • Wealth Booster

    Additional units will be added to your Fund starting from the end of 10th policy year and every 5 years thereafter provided all due premiums under the policy have been paid

    For Single Pay (Legacy Variant & Milestone variant):

    Premium Band

    Wealth Boosters

    Band 1

    NA

    Band 2

    2%

    Band 3

    4%

     

    For Limited/Regular Pay (Milestone Variant)

    Premium Band

    Wealth Boosters

    Band 1

    2%

    Band 2

    3%

    Band 3

    4%

     

    For Limited Pay (Legacy Variant)

    Premium Band

    Wealth Boosters

    Band 1

    2%

    Band 2

    2%

    Band 3

    4%

     

  • Return of Mortality and Premium Allocation Charges

    At the end of the Policy Term, your Fund Value will be enhanced by adding back an amount equal to the total Mortality Charges and Premium Allocation Charges which were deducted in the policy provided all due premiums have been paid.

  • Coverage

    All Individuals (Male | Female | Transgender)

  • Minimum Entry Age (age as on last birthday)
     Legacy Variant  Milestone Variant
     30 days*
  • Maximum Maturity Age (age as on last birthday)
     Legacy Variant Milestone Variant 
     100 years 85 years 

  • Minimum Maturity Age
     Legacy Variant Milestone Variant 
     100 years 18 years

  • Maximum Entry Age (age as on last birthday)
     Legacy Variant Milestone Variant 
     

    5 Pay: 45 years

    6 Pay: 55 years

    7 Pay: 60 years

            Other Premium Paying Term options: 65 years
    65 years 

  • Minimum Premium
     Legacy Variant  Milestone Variant
     Single Premium: Rs. 5,00,000 Limited Premium/ Regular Premium: Rs. 2,00,000
  • Maximum Premium
     Legacy Variant  Milestone Variant
     No Limit (subject to Board Approved Underwriting Policy)
  • Minimum Sum Assured
     Legacy Variant  Milestone Variant
     Single Premium: Rs. 6,25,000 Limited Pay/ Regular Pay: Rs. 14,00,000
  • Maximum Sum Assured
     Legacy Variant  Milestone Variant
     No Limit (subject to Board Approved Underwriting Policy)
  • Premium Paying Term (PPT)
     Legacy Variant Milestone Variant 
     Single Pay Limited Pay: 5 to 20 years Single PayLimited Pay: 5 to 12 years Regular Pay: 10 to 30 years 

  • Minimum Policy Term
     Legacy Variant Milestone Variant 
     100 years minus entry age 85 years10 years

  • Maximum Policy Term
     Legacy Variant Milestone Variant 
     100 years minus entry age 85 years30 years

  • Premium Payment Mode
    Annual | Semi-Annual | Quarterly | Monthly | Single
  • Premium Bands

    Band

    Single Premium/Annualized Premium

    Band 1

    2,00,000 to 4,99,999

    Band 2

    5,00,000 to 24,99,999

    Band 3

    25,00,000 and above

     

    Band 1 is not available under Single Premium Paying Term option.

  • *risk commences from policy issue date

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Riders

  • ABSLI Waiver of Premium Rider (UIN: 109A039V01)

    All future premiums waived in case of permanent disability due to illness or accident, any of the specified critical illnesses or death.

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

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

There are exclusions attached to the riders. Please refer rider brochures for more details

Frequently Asked Questions

  • What are the significant features of ABSLI Wealth Infinia?

    • Flexibility to choose between two plan variants – Milestone Variant (coverage till Age 85) and Legacy Variant (coverage till Age 100) to help you grow your wealth and stay protected as per your life’s needs.
    • Wealth Boosters and Loyalty Additions added periodically during the Policy Term to enhance your Fund Value.
    • Return of Mortality and Premium Allocation Charges at the maturity to boost your Fund Value.
    • Systematic Withdrawal Facility to enable regular withdrawals from your Fund Value during the policy term to cater to your recurring monetary needs.
    • Life Cover throughout the Policy Term ensuring that your family is financially secured even in your absence.
    • Choice of 5 investment strategies and 16 funds to suit your varied investment needs.
    • Flexibility to choose from a wide range of Policy Terms and Premium Paying Terms.
    • Tax Benefits may be applicable on Premiums paid and Benefits received as per prevailing tax laws.
  • Does this plan cover death due to COVID-19?

    Yes, this plan covers death due to COVID-19.

  • What is the Death Benefit under this plan?

    For both the Variants, In case of Death of the Life Insured anytime during the Policy Term, while all due premiums under the policy have been paid, We will pay to the nominee/legal heir/Policyholder higher of:

    a) Fund Value as on date of intimation of death; or

    b) Sum Assured (reduced by partial withdrawals made during the two years immediately preceding the date of death of the Life Insured, if any); or

    c) 105% of the Total Annualized Premiums/Single Premium received by Us till the date of death of the Life Insured (reduced by all partial withdrawals, if any made during the two years’ period immediately preceding the death of the Life Insured, if any)

  • Can I include family members in this plan?

    Your family member can be a nominee in this plan.

  • Can I withdraw funds partially in case there is a fund requirement?

    Yes, You are allowed to make unlimited partial withdrawals any time after (a) five complete policy years or (b) Life Insured attaining the age of 18 whichever is later. The minimum amount of partial withdrawal is Rs. 5,000. You are required to maintain a minimum Fund Value of one Annualized Premium chosen (25% of single premium). The total amount of partial withdrawal during a policy year shall not exceed 50% of the Fund Value at the time of partial withdrawal(s).

  • Which are the different Investment Strategies in this plan?

    You can choose to allocate your Annualized Premium/Single Premium in either of the 5 investment options,

    • Self-Managed Investment Option
    • Smart Investment Option
    • Systematic Transfer Investment Option
    • Return Optimiser Investment Option
    • Life Cycle Investment Option.

     

    You can change from one investment option to another investment option after the first policy year and only one Investment Option can be selected at a time.

  • What is Fund Switching?

    In case Self-managed Investment Option is selected then, You can switch from one fund to another fund, provided the switched amount is at least Rs. 5,000. There is no limit on the number of switches that can be exercised in a policy year and all switches are free of charge.

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Disclaimer

The Trade Logo “Aditya Birla Capital” Displayed Above Is Owned By ADITYA BIRLA MANAGEMENT CORPORATION PRIVATE LIMITED (Trademark Owner) And Used By ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED (ABSLI) under the License.

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 is a unit-linked non-participating individual life insurance savings plan. This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). Aditya Birla Sun Life Insurance and ABSLI Wealth Infinia 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. 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. Tax benefits are subject to changes in tax laws. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding the sale. 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. Registered Office: One World Centre, Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. IRDAI Reg No.109. Toll Free No. 1-800-270-7000. Website: www.adityabirlasunlifeinsurance.com. CIN: U99999MH2000PLC128110 UIN: 109L129V01 ADV/5/21-22/143

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.