ABSLI Fortune Elite Plan

ABSLI Fortune Elite 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, ABSLI Fortune Elite is unit linked plan that provides insurance coverage and the opportunity of wealth preservation and enhancement.

Key Benefits :

  • Flexibility to choose policy term of 20, 25, 30, 35 and 40 years.
  • Flexibility to choose premium paying terms of 5, 10, 15 and 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.
Entry Age 1 to 55 years (subject to max maturity age of 75 years)
Policy Term 20, 25, 30, 35 and 40 years
Minimum Basic Sum
Assured (BSA)
Rs. 750,000
Guaranteed Additions In the form of additional units will be added to your policy:
On the 10th policy anniversary and on every 5th policy anniversary thereafter,
Guaranteed addition is 2.00% of the total premiums paid in last 60 months.
In addition on 11th policy anniversary and every policy anniversary thereafter,
Guaranteed addition is 0.35% of the average fund value in the last 12 months.
Death Benefit In the unfortunate event the life insured dies while the policy is in effect,
ABSLI will pay to the nominee the greater of
Basic Fund Value as on date of intimation of death; or
Basic Sum Assured.
In addition ABSLI will also pay the greater of
• Top-up Fund Value as on date of intimation of death; or
• Top-up Sum Assured
Maturity Benefit Fund Value will be received.
Surrender Benefit If policy is surrendered after 5 policy years, fund value will be paid immediately. If policy is surrendered during first 5 policy years, fund value will be paid at end of 5th policy year.
Maximum Maturity Age 75 years of age.
Pay Term 5, 10, 15 and 20 years.
Basic Premium Rs. 75,000
Pay Mode Monthly and Annual
Top up premium Minimum Rs. 5,000
Partial Withdrawals You can make unlimited partial withdrawals, anytime after
5 years provided life insured is 18 years of age.

ABSLI Fortune Elite Plan UIN No: 109L090V01

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Disclaimer:

Deutsche Bank is a corporate agent of Aditya Birla Sun Life Insurance Company Limited under license number CA0020. This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This is a non-participating unit linked life insurance savings 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. In this policy, investment risk in investment portfolio is borne by the policyholder. The charges are guaranteed throughout the term of the policy unless specifically mentioned and subject to IRDA approval. 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. 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. 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 policy holder is responsible for his / her decisions. There is no guarantee or assurance of returns above the guaranteed returns from the investment funds. Insurance is a subject matter of solicitation. For more details on risk factors, term and conditions please read the sales brochure carefully before concluding the sale.
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. Registration No. 109 ADV/7/15-16/8148.

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.