ABSLI Assured FlexiSavings Plan

At a Glance

Key Features

• Fully guaranteed returns on your savings
• Flexibility of unlimited withdrawals as per your need
• Comprehensive protection through life cover
• Tax Benefits

Provided all premiums are paid.

Up to 105% of Annualized Premium accrued yearly, Income Boosters of 5% p.a., Loyalty Additions of up to 25% of Accrued Amount at the end of the policy term, and 110% of Total Premiums Paid at the end of the Policy Term.

Tax benefits are subject to changes in tax laws.

Illustration²

The above illustration is provided all premiums are paid and without withdrawals during the policy term.

Key Benefits

Death Benefit:

In case of the life insured's unfortunate demise during the policy period, the death benefit will be paid to the nominee in either of the following ways:

Sum Assured on Death; plus

Accrued Amount if any under the policy

where Sum Assured on Death is defined as higher of the following:

1. 10 times of Annualized Premium
2. 150% of Total Premiums paid till the date of death
3. Sum Assured

Option to receive Staggered Death Benefit:

The Nominee will have an option to receive the amount of Death Benefit in Annual/Monthly instalments instead of a lump-sum, over a period of 10 years as per the percentages given below:

For more details on the death benefit, please refer the product brochure.

Maturity Benefit

The Maturity Benefit shall be the combination of Accrued Amount, Loyalty Additions & Enhanced Return of Premium benefit payable at the end of the Policy Term.

Customisable Benefit:

You can enhance your insurance cover during the policy term by adding the following riders for a nominal extra cost.

ABSLI Accidental Death Benefit Rider Plus (UIN: 109B023V02)
ABSLI Surgical Care Rider (UIN: 109B015V03)
ABSLI Waiver of Premium Rider (UIN:109B017V03)
ABSLI Critical Illness Rider (UIN: 109B019V03)
ABSLI Hospital Care Rider (UIN: 109B016V03)

Eligibility

Disclaimer

“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.”

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.

This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This is a non-linked non-participating individual life insurance savings plan. All terms & conditions are guaranteed throughout the policy term. 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. For policies issued on minor life, the date of commencement of risk shall be the date of commencement of the policy. Where a policy is issued on a minor life, the policy will vest After attainment of majority of the Life Insured. This product shall also be available for sales through online channel. Tax benefits are subject to changes in the tax laws. For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding the sales. 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. Aditya Birla Sun Life Insurance Company Limited (Formerly Birla Sun Life Insurance Company Limited) Registered Office: One Indiabulls Centre,Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013. 1-800-270-7000 www.adityabirlasunlifeinsurance.com IRDAI Reg No.109 CIN: U99999MH2000PLC128110 UIN: 109N126V02 ADV/11/20-21/1569.

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