ABSLI Vision Endowment Plan

ABSLI Vision Endowment Plan

  • Since nothing in life is guaranteed, it is great to find some things that are. If your key objective is secured savings and providing your family with comprehensive financial protection, here is a plan for you which promise’s you the reassurance that you will get back more than what you have invested.
  • ABSLI Vision Endowment assures growth in your savings and return of your money so you can build a safe and financially sound future for your family.
Entry Age (age on last birthday) 1 to 55 years of age
Policy Term 20 years
Sum Assured Band Band 1: Rs. 1,00,000 to 1,99,999
Band 2: Rs. 2,00,000 to 3,99,999
Band 3: Rs. 4,00,000 to 7,99,999
Band 4: Rs. 8,00,000+
Death Benefit Sum Assured plus
Accrued Bonuses as on date of death plus
Terminal Bonus (if any).
In the event the life insured dies due to an accident, we shall pay an additional sum assured (subject to a maximum of one crore) as additional death benefit.
Maturity Benefit In the event the life insured survives to the end of the policy term, you shall be entitled to a maturity benefit.
• Maturity Sum Assured; plus
• Accrued Bonus till date; plus
• Terminal Bonus (if any)

Maturity Sum Assured is sum of all premiums paid till date excluding service tax and rider premium or underwriting extra (if any).
Surrender Benefit Guaranteed surrender value is 30% of the
premiums paid excluding premiums paid
in the first year.
Loan Benefit You can avail loan on your policy.
The minimum loan amount is Rs. 5,000
and maximum is 90% of the surrender value.
Premium Paying Term 7 to 10 years
Minimum Premium Rs. 10,000
Premium Frequency Monthly, Semi-annually, Annually.

ABSLI Vision Endowment Plan UIN No: 109N080V01

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Disclaimer:

Deutsche Bank is a corporate agent of Aditya Birla Sun Life Insurance Company Limited under license number CA0020. This is a traditional participating endowment plan. All terms & conditions are guaranteed throughout the policy term, except for the bonuses which would be declared at the end of each financial year. Service Tax and Education Cess and any other applicable taxes will be added (extra) to your premium and levied as per extant tax laws. For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding the sale. Tax benefits are subject to changes in the tax laws. Insurance is the subject matter of the 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/6/14-15/8122.

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.