ABSLI Empower Pension Plan

ABSLI Empower Pension Plan

  • ABSLI Empower Pension Plan is a unit linked non participating pension plan. A plan especially designed for you to ensure that you remain in control of your destiny even during the second innings of life.
  • ABSLI Empower Pension Plan helps you to accumulate your premiums and the investment returns into a corpus for your retirement; so that you can focus on your goals and enhance your savings for a secured future.
  • You choose your risk profile based on your risk appetite. (Aggressive / Moderate / Conservative)
Entry Age 25 to 70 years of age
Accumulation Period 5 to 30 years
Pay Term Regular pay.
Basic Premium Minimum Rs. 18,000 p.a. if paid annually, Rs. 24,000 p.a. semi-annually,
Rs. 30,000 p.a. quarterly and Rs. 36,000 p.a. monthly.
Guaranteed Additions Additional units will be added to your policy:
On the 6th policy anniversary and every policy anniversary
thereafter, Guaranteed Addition is 0.25% of the average
Fund Value in the last 12 months; plus On the 11th policy anniversary and
every policy anniversary thereafter, Guaranteed Addition is 0.35% of
the average Fund Value in the last 12 months; plus
On the 16th policy anniversary and every policy anniversary thereafter,
Guaranteed Addition is 0.35% of the average Fund Value in the last 12 months.
Death Benefit Greater of Guaranteed Death Benefit or Fund Value as on date of intimation of death.
Surrender Benefit You can surrender your policy anytime after 5 years.
Loan Benefit Policy loan is not allowed under this plan.

ABSLI Empower Pension Plan UIN No: 109L078V02

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Disclaimer:

Deutsche Bank is a corporate agent of Aditya Birla Sun Life Insurance Company Limited under license number CA0020. In this policy, investment risk in investment portfolio is borne by the policyholder. Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to withdraw / surrender 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 pension plan. Aditya Birla Sun Life Insurance and ABSLI Empower Pension 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 indicate their quality, future prospects or returns. The charges are guaranteed throughout the term of the policy unless specifically mentioned and subject to IRDA 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 investment 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 investment funds. Service Tax and Education Cess and any other applicable taxes levied as per extant tax laws shall be deducted from the premium or from the allotted units as applicable. For more details on risk factors, terms and conditions please refer to the sales brochure before concluding the sale. Tax benefits are subject to changes in the tax laws. Insurance is the subject matter of solicitation.
Registered Office: Aditya Birla Sun Life Insurance Company Limited, One Indiabulls Centre, Tower 1, 16th Floor, Jupiter Mill Compound, 841 Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. CIN: U99999MH2000PLC128110. Registration No. 109 ADV/6/14-15/8137.

IRDAI clarifies to public that IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums. IRDAI does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone call number.