Aditya Birla Sun Life Insurance Nishchit Aayush Plan

At a Glance

Your Goals are the key drivers of why you work hard in life. Be it supporting Your child’s education, taking care of Your dependent parents, maintaining Your lifestyle, you strive hard to accomplish all these goals. These expenses must happen; hence, a regular stream of income is essential for peace of mind. However, the demands of every­day life or an eventuality may derail you from the path of Your goals.

To be able to meet these responsibilities, you need a reliable product that provides life insurance coverage, guaranteed stream of income and lumpsum benefits to safeguard Your family from any setback.

Introducing the ABSLI Nishchit Aayush Plan, a non-linked non-participating individual savings life insurance plan that provides life insurance cover with guaranteed regular income and lumpsum benefits, empowering you to fulfil Your goals and financially secure Your family even in Your absence.

Key Features

  • Choice of Benefit Option: Long Term Income or Whole Life Income
  • Choice of Income Variant: Level or Increasing Income
  • Guaranteed* Income: - From 1st/2nd policy anniversary till end of policy term.
  • Guaranteed Lump sum Benefit: At maturity of the policy
  • Flexibility: To build your own plan with choice of income benefit, income variant, premium payment term, policy term and deferment period
  • Get Assured Protection: Protection with life cover across policy term

Provided all due premiums are paid.

Key Benefits

Death Benefit:

In the unfortunate event of Death of the Life Insured anytime during the Policy Term, provided the policy is in-force, Death Benefit shall be payable as a lump-sum to the nominee.

Death Benefit is defined as higher of:

  1. Sum Assured on Death
  2. Surrender Benefit


‘Sum Assured on Death’ is higher of
Sum Assured
105% of Total Premiums Paid till date of death
Sum Assured is equal to 10 times the Annualized Premium.

Survival Benefit 

On Survival of life insured, provided all due premiums have been paid, Survival Benefit in the form of Guaranteed Income will be paid at the end of each year starting from the first policy year (if ‘0 Year’ deferment is chosen) until Policy Maturity.

Maturity Benefit

On survival of life insured till the end of policy term, Guaranteed Lump sum Benefit (GLB) is payable. Guaranteed Lump sum Benefit is equal to Total Premiums Paid by You multiplied by the applicable Lump sum Factor. The lump sum Factor varies by Benefit Option, Income Variant, Premium Payment Term, and Policy Term

Product Specifications & Eligibility





All Individuals (Male | Female | Transgender)


Age of the Life Insured at Entry (age as on last


Long Term Income: 30 days*

Whole Life Income: 30 years

* In case the Life
Insured is a minor, the Policy will automatically vest once the life insured
attains the age of majority. The risk coverage for the minors will start from
the Date of Commencement of Risk.



 55 years

Maturity Age of the Life Insured (age as on last


18 years



Long Term Income: 85 years (age last birthday)



Whole Life Income: 100 years (age
last birthday)

Premium Payment Term (PPT) & Policy Term

Premium Payment Term (Years)

Policy Term (Years)


6 Pay

Long Term Income: 25  30   35  40 

Whole Life Income: 100 (–) Age at Entry


8 Pay

Long Term Income: 25  30   35  40 

Whole Life Income: 100 (–) Age at Entry


10 Pay

Long Term Income: 30   35  40 

Whole Life Income: 100 (–) Age at Entry


12 Pay

Long Term Income: 30   35  40 

Whole Life Income: 100 (–) Age at Entry

Minimum Annualized Premium

Income Only Benefit

  • Upto Age 45 years: Rs. 50,000
  • Age 46 years and above: Rs. 1,00,000

Other than Income Only Benefit - Rs. 30,000


Maximum Annualized Premium

No Limit (subject to Board Approved Underwriting Policy)


Minimum Sum Assured

Rs. 2,10,000


Maximum Sum Assured

Subject to Board Approved Underwriting Policy


Benefit Options

ABSLI Nishchit Aayush Plan provides you the flexibility to customize Your regular income requirements as per Your goals,

Step 1: Choose Your Benefit Option

Long Term Income or,

Whole Life Income


Step 2: Choose the Income Variant

Level Income with Lumpsum Benefit or,

Level Income with Enhanced Lumpsum Benefit or,

Increasing Income (@5% simple interest rate every 5 years) with Lumpsum Benefit

Step 3: Choose to receive income immediately or after a deferment period of 1 year as per the chosen income payout frequency.

Benefit options chosen at inception cannot be changed thereafter. Premium will vary depending upon the Option chosen at inception.

Benefit Payout Frequency

You can choose to receive income benefit in annual or semi-annual or quarterly or monthly frequency. Income will be paid at the end of chosen frequency as opted by you.



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. Nishchit Ayush Plan (UIN: 109N137V04) 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. ISNP registration valid.

The contents and product information of this web site are given strictly for your convenience and is indicative in nature and ‘as is’ received from the Insurer. Nothing contained herein is to be construed as advice, recommendation, offer for a policy or any other assistance. Bank does not guarantee that this website reflects latest amendments/ information at all times or at any time. Bank shall have no liability to the customer for any loss or damage of any kind incurred for reliance on the content and product information available on this website.

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:


Aditya Birla Sun Life Insurance: 

“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 brochure contains only the salient features of the plan. For further details, please refer to the policy contract. 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.

Aditya Birla Sun Life Insurance Company Limited Registered Office: One World Centre, Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013. 1-800-270-7000 Website: . IRDAI Reg No.109 CIN: U99999MH2000PLC128110
UIN: 109N137V04 ADV/8/23-24/1591


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.

UIN: 109N137V04

How to Apply

Apply now for Aditya Birla Sun Life Insurance Nishchit Aayush Plan
Locate us Visit us at your nearest DBS branch
Call 1860 267 1234 / 1800 209 4555 / +91 44 6685 4555