Skip Ribbon Commands
Skip to main content
ABSLI Fortune Elite Plan
A unit linked life insurance plan

Over the years, you have achieved success and accumulated wealth. Your priority now is to ensure your wealth and assets remain protected for your future generations, while you enjoy the lifestyle you have worked hard to attain. Specially designed to cater to your financial and estate planning goals, Aditya Birla Sun Life Insurance Fortune Elite plan is unit linked plan that provides insurance coverage and the opportunity of wealth preservation and enhancement.

Key Benefits

  • Flexibility to choose policy term of 10|20|25|30|35|40 years
  • Flexibility to choose premium paying terms of 5|10|15|20 years
  • Flexibility to choose from 3 investment options to suit your investment needs
  • Flexibility to add top-ups whenever you have additional savings
  • Flexibility of partial withdrawals to meet any emergency fund requirements
  • Tax benefits under section 80C and section 10(10D) of the Income Tax Act, 1961
  • (1)Tax benefits are subject to changes in tax laws. Please consult your tax advisor for more details.
in the form of additional units will be added to your policy:
  • On 10th policy anniversary and on every 5th policy anniversary thereafter, Guaranteed Addition is 2.00% of the total premiums paid in the last 60 months
  • In addition on 11th policy anniversary and every policy anniversary thereafter, Guaranteed Addition is 0.35% of the average Policy Fund Value in the last 12 months
Aſter the completion of 5 policy years, non-negative residual additions, if any, shall be credited to the policy in order to meet the maximum reduction in yield as in Regulation 37 of IRDAI (Linked Insurance Products) Regulations, 2013.
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

The Basic Sum Assured will be reduced to the extent of partial withdrawals made during the two-year period immediately preceding the death of the life assured from the Basic fund value.

However, the Death Benefit after partial withdrawals shall never be less than Annualized Premium multiplied by 10.

At all times, if your policy has not been discontinued, the Death benefit shall never be less than 105% of total basic and top up premiums paid up to the date of death reduced to the extent of partial withdrawals made, both from the Basic Fund Value and Top-up Fund Values, during two-year period immediately preceding the death of the life assured.

In case where the death of the Life Insured takes place prior to risk commencement date, only the basic premiums paid (excluding GST, if any) shall be payable as the Death Benefit. Where a policy is issued on a minor life, the policy will vest in life insured aſter attainment of majority of the life assured.

You will receive the sum of Basic Fund Value and Top-up Fund Value at maturity.

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 complete withdrawal as mentioned in Policy Discontinuance section.

(2)In case of death of the life insured, if life insured is different from the proposer/policyholder, the proposer/policyholder will receive the policy proceeds.

More details in the product brochure.

Entry Age 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 (PPT) 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 the first policy anniversary
** For age at entry between 56 to 65 years (both inclusive), the minimum premium paying term will be 10 years

Know more about ulip plans and also calculate the premium with Wealth Calculator

Please click here to Download product brochure
Please click here to download policy contract
Please click here to download product presentation
Please click here to calculate premium

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 various funds offered under this contract are the names of the funds and do not any way indicate the quality of these plans, their future prospects and 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. 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 risks associated with capital markets and the NAVs of the units may go up or down based on the performance of the investment fund and factors’ influencing the capital market and the insured is responsible for his or her decision. 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 insurance cover for the life insured will commence on the policy issue date.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 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 (Formerly Birla Sun Life Insurance Company Limited) Registered Office: One Indiabulls Centre Tower 1, 16th Floor, Jupiter Mill Compound, 841 Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. IRDAI reg no.109 CIN: U99999MH2000PLC128110 UIN No: 109L090V04 ADV/8/20-21/893 VER2/AUG/2020