ABSLI Akshaya Plan

At a Glance

Throughout life’s journey, one’s goal is to create a secure future and a comfortable lifestyle for self and one’s loved ones. One has to take care of regular household expenses, paying for health expenses, children’s school fees etc. With rising life uncertainties and expenses, it is important to secure a source of income that takes care of these expenses. A regular income along with the support of insurance cover, can help one plan better for future milestones.

Introducing ABSLI Akshaya Plan, a non-linked participating individual savings life insurance plan, that provides the benefit of a comprehensive life insurance cover along with a regular source of income to ensure fulfilment of your family’s growing needs. The product offers the flexibility to take Cash Bonus (if declared) or to accumulate the Cash Bonus (if declared) in the policy, instead of receiving the pay-outs.

Key Features

1. Choice of 2 Benefit Options: Flexibility to choose amongst two Benefit Options e. Long Term Income and Whole Life Income (Till Age 100 or Till Age 85) to cater to Your family’s needs across all life stages.

2. Flexible Bonus Payouts: Complete flexibility to receive Cash Bonus (if declared) – for immediate liquidity or to accumulate the Cash Bonus (if declared) till policy maturity – for long term wealth creation.

3. Financial Security for your loved ones: Comprehensive life cover available for up to 100 years.

4. Flexibility: Choice of varied premium payment terms and policy terms, to suit one’s requirements.

5. Customizable Benefits: Option to enhance Your insurance cover through riders, which are available at a nominal extra cost.

Key Benefits

Survival Benefit

Provided the policy is in-force and all due premiums under the policy have been paid, We will pay the Cash Bonus (if declared), at the start of the year in case of Annually in Advance frequency and at the end of the year for Annually in Arrears, Semi-Annual, Quarterly or Monthly, as the case may be starting from the first policy year until Policy Maturity. You shall have the flexibility to defer the declared Cash Bonus (if declared) and accrue them instead in the form of Accumulated Cash Bonus (if declared).
Maturity  Benefit

On survival of the Life Insured till the end of the Policy Term provided the Policy is in-force and all due Installment Premiums under the Policy have been paid, the following will be payable:

• Sum Assured; and,
• Accumulated Cash Bonus (if declared)
• Terminal Bonus (if declared).

Type of Plan

Disclaimer

DBS Bank India Limited (IRDA of India Registration Number: CA 0257) having the registered office at GF: Nos. 11 & 12, Capitol Point BKS Marg, Connaught Place, Delhi - 110001 is the Corporate Agent of Aditya Birla Sun Life Insurance Company Limited. DBS Bank India Limited (Bank) does not underwrite the risk or act as an insurer. The Insurance product is underwritten by Aditya Birla Sun Life Insurance Company Limited. The contract of insurance is between the insurer and the insured and not between the Bank and the insured. Bank does not give any warranty, as to the accuracy and completeness of the policies. Bank does not accept any liability or losses attributable to your contract of Insurance. Participation by the Bank’s customers in the insurance products is purely on a voluntary basis and is not linked to availment of any other facility from the bank.

“The 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.”

For more details on risk factors, terms and conditions, exclusions, please read sales brochure of insurer and policy terms and conditions carefully before concluding a sale. Tax benefits are available as per the prevailing tax laws, which are subject to change.

For any information including cancellation, claims and complaints, please contact our Treasures Relationship Manager or visit DBS Bank India’s nearest branch office or Contact our 24-hour toll free customer service helpline number 1-800-209-4555 / 1-860-267-1234 or our overseas customer service number 91-44-66854555 or write to us at [email protected]. Visit us at: www.dbs.com/in

“The 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.”

This is a Non-Linked Non-Participating Individual Savings Life Insurance Plan. This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). GST and any other applicable taxes will be added (extra) to Your premium and levied as per extant tax laws. An extra premium may be charged as per our then existing underwriting guidelines for substandard lives, smokers or people having hazardous occupations etc. This product shall also be available for sales through online channel. Tax benefits may be available as per prevailing 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. All policy benefits are subject to policy being in force. “We”, “Us”, “Our” or “the Company” or “ABSLI” means Aditya Birla Sun Life Insurance Company Limited. “You/you” or “Your/your” means the Policyholder. Policyholder and Life Insured can be different under this product. In all situations, it is ensured that the Policyholder has an insurable interest in the Life Insured. For other terms and conditions, request your Agent Advisor or intermediaries for giving a detailed presentation of the product before concluding the sale. Should you need any further information from us, please contact us on the below mentioned address and numbers. For more details on risk factor terms and conditions, please read sales brochure before concluding the sale.

Limited. Registered Office: One World Center, Tower 1, 16th Floor, Jupiter Mill Compound, 841 Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. IRDAI Reg No.109 Call Centre: 1-800-270-7000 https://lifeinsurance.adityabirlacapital.com IRDAI Reg No.109 |CIN: U99999MH2000PLC128110 (UIN: 109N136V04)

ADV/6/25-26/381

BEWARE OF SPURIOUS / FRAUD PHONE CALLS!

BEWARE OF SPURIOUS / FRAUD PHONE CALLS! IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

How to Apply