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Life Insurance

Aditya Birla Sun Life Insurance Company Limited (ABSLI) is a part of Aditya Birla Capital Ltd (ABCL). ABSLI was incorporated on August 4th, 2000 and commenced operations on January 17th, 2001. ABSLI is a 51:49 a joint venture between the Aditya Birla Group and Sun Life Financial Inc., an international financial services organization in Canada.<br><br>ABSLI offers a range of products across the customeru2019s life cycle, including children future plans, wealth protection plans, retirement and pension solutions, health plans, traditional term plans and Unit Linked Insurance Plans (u201cULIPsu201d).

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Life Insurance

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  1. Life Insurance Guide

  2. What is life insurance? Life Insurance is a contract where the insurance company pays a specific sum to the policyholder’s family if something unfortunate happens. How does it work? The policyholder has to pay a premium for a certain period of time. If the policyholder dies during the policy term, the nominees get paid a certain sum. If the policyholder survives the term, they receive a maturity benefit. Aditya Birla Sun Life Insurance

  3. What is covered in a life insurance plan? Life insurance plans cover the life of policy holder. Certain plans jointly cover the policy holder & the spouse. You can also add riders to cover critical illness, hospital expenditure etc. How much does it cost? Cost of premium varies as per your age, policy term, health and type of insurance. Term plans are affordable insurance policies, that can cost as low as Rs. 477 per month1. 1Scenario for female Age: 21 years, level Term Insurance, Premium Paying term: regular pay, Policy term: 25 years, Premium: Rs. 477 monthly (excl GST) Aditya Birla Sun Life Insurance

  4. Benefits of Life Insurance Aditya Birla Sun Life Insurance

  5. 01 Financial security Life insurance provide a life cover which helps secure your family’s financial future, even in your absence. 02 Different plans for different uses Most companies offer a bouquet of life insurance plans. You can choose the plan that best fits your goals and your family’s needs. Aditya Birla Sun Life Insurance

  6. 03 Additional Cover You can add riders to your policy for a nominal fee. Riders are additional benefits that cover for hospitalization costs, critical illness etc. 04 Helps in wealth creation Certain life insurance plans like ULIPs let you invest in capital markets to help you grow your money. Few plans even offer additional guaranteed2 benefits. You can also opt for savings plans that help you in disciplined saving. 2 Provided all due premiums are paid Aditya Birla Sun Life Insurance

  7. 05 Tax Benefits3 Insurance premium is tax deductible under section 80C of the Income Tax Act. 3 Tax benefits are subject to changes in tax laws. Kindly consult your financial advisor for more details. 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. Aditya Birla Sun Life Insurance Company Limited, Registered with Insurance Regulatory & Development Authority of India (IRDAI) as Life Insurance Company. Registered Office: One World Center Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. Toll free no. 1800-270-7000. www.adityabirlasunlifeinsurance.com CIN: U99999MH2000PLC128110 Registration No. 109. ADV/11/21-22/1541 Aditya Birla Sun Life Insurance

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