ABSLI Vision Life Income Plan

ABSLI Vision Life Income Plan

  • In the world of growing responsibilities it is very important to plan all the stages and milestones of life. And, to supplement these efforts we sometimes wish for extra source of regular income.
  • ABSLI Vision Life Income Plan is a traditional participating whole life plan for you that helps you not only plan your financial goals but also realize your dreams by providing you with a steady income and whole life cover. With survival benefits payable every year from the end of the premium paying term till maturity and a life insurance benefit, this plan offers a perfect blend of income and financial protection for you and your family.
  • You choose the Sum Assured (which is the amount of life insurance cover), Premium Paying Term (which is from 15 to 40 years) and the mode of payment of premiums.
Entry Age 1 to 60 years of age
Policy Term Whole Life to age 100
Death Benefit In the unfortunate event of the death of the life insured during the premium paying term, we shall pay to the nominee: Sum Assured; plus
Accrued bonuses as of date of death; plus
Terminal bonus (if any).

In the event the life insured dies after the premium paying term, we shall pay to the nominee: Sum Assured; plus
Bonus from the current policy year; plus
Terminal bonus (if any).
Survival Benefit In the event the life insured survives to the end of the premium paying term, we shall pay to you: Accrued bonuses till date

In the event the life insured survives to the end of each subsequent policy year, we shall pay to you : Income Benefit of 5.0% of Sum Assured; plus
Bonus from the current policy year
Maturity Benefit Sum Assured and
Terminal bonus (if any) will be received.
Loan Benefit Loan against policy can be acquired.
Minimum loan amount: Rs. 5,000
Maximum loan amount: 85% of surrender value.
Premium Paying Term
Minimum
Maximum

15 to 40 years
Attained Age end of Premium Paying Term is 18 or more
Attained Age end of Premium Paying Term is 75 or less

Minimum Sum Assured Rs. 200,000
Minimum Premium Rs. 18,000
Premium Frequency Monthly, Quarterly, Semi-annually, Annually.
Rider Options ABSLI Sun Life Surgical Care Rider UIN: 109B015V03
ABSLI Hospital Care Rider UIN: 109B016V03
ABSLI Wavier of Premium Rider UIN: 109B017V02
ABSLI Accidental Death and Disability UIN: 109B018V03
ABSLI Critical Illness Rider UIN: 109B019V03

ABSLI Vision Life Income Plan UIN No: 109NO79V02

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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 traditional participating endowment plan. All terms and conditions are guaranteed throughout the policy term, except for the bonuses which would be declared at the end of each financial year. For further details on risk factors, terms and conditions, please read the sales brochure carefully before concluding the sales. 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. Registered Office: One Indiabulls Centre Tower 1, 16th Floor, Jupiter Mill Compound, 841 Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. CIN: U99999MH2000PLC128110 Registration no. 109 ADV/9/16-17/9958

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