ABSLI Group CapSecure Plan


ABSLI's Group CapSecure Plan is a non-linked non-participating fund based group plan wherein an Employer, Trustee, Central and State Government, Public Sector Undertakings, Corporates, MNCs, or other groups is the master policyholder, while the employees are the beneficiaries.


This plan is an ideal tool for the employers to create a secured pool of funds required to pay retiral benefits to their employees.

Key Features

  • Contributions received are added to respective policy account
  • Covers Gratuity, Leave Encashment and Post-Retirement Medical Schemes
  • Interest on the investment is declared quarterly
  • Offers guaranteed amount in policy account
  • Applicable interest rate will be declared at the beginning of every financial quarter and shall accrue at the end of fiscal quarter
  • As an employer, you can claim from the policy to pay death benefits or gratuity amount to your employee (or his/her nominee) upon his/her death orexit from the service
  • By investing in this plan, you will get automatic life insurance cover of Rs. 5,000 as a bundled benefit for all your employees
  • You will have an option to surrender the policy anytime and receive actual surrender proceeds at that time
  • You will have the flexibility to create separate non-pooled accounts for each employee or a single pooled account for all the employees
  • Minimum age at entry

    18 years (Age last birthday)

  • Maximum age at entry

    Up to 70 years (Age last birthday)

  • Maximum age at maturity

    Up to 75 years (Age last birthday)

  • Minimum number of employees

    10 members

  • Minimum policy term

    Renewable annually

  • Minimum Premium

    ₹ 10,000

Frequently Asked Questions

  • Are the returns guaranteed under the ABSLI’s Group CapSecure Plan?

    Yes. ABSLI’s Group CapSecure Plan provides guaranteed returns where the interest on your investment is declared at the end of every quarter.

  • How much life cover will I get with this plan?

    You will get a life cover of Rs. 5,000 for all your employees with this plan. You will be charged Rs. 5 per member per year for this life insurance cover.

  • Can I cancel the plan after its purchase?

    Yes. You can cancel the plan anytime during the free-look period of 15 days from the date of purchase.

  • What are the surrender benefits promised under this plan?

    The Guaranteed Surrender Value is 70% of the total premiums paid minus all the payments made from the policy account in the past.

Group Services

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.”

This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This is a non-linked, non-participating fund based group plan. The amount of Contributions less payment in respect of member exit plus quarterly interest addition are reflected in the Policy Account Value and is guaranteed at all times. ABSLI’s liability is limited to the Policy Account Value plus the Sum Assured. ABSLI reserves the right to recover levies such as the GST levied by the authorities on insurance transactions. If there be any additional levies, they too will be recovered from you. Please read the brochure carefully before concluding the sale. For further details please refer to the policy contract. Tax benefits subject to changes in the tax laws. For more details on risk factors terms and conditions, please read the sales brochure carefully before concluding the sale.

Registered Office: One Indiabulls Centre Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. Call Centre: 1-800-270-7000 www.adityabirlasunlifeinsurance.com IRDAI Reg. No. 109 | CIN: U99999MH2000PLC128110 ADV/9/20-21/1223 UIN: 109N084V03