At a Glance

As a responsible individual, you try and plan for all the important life stages, all the important milestones in your life. And in every effort of this process we wish we could have an extra stream of income that manages to fund for these glorious moments of one’s life.

Well, they say nothing is impossible and all it requires is careful planning. ABSLI Vision LifeIncome Plan help you to plan better to achieve your financial goals. It gives you survival benefits payable every year from the end of the premium paying term till maturity and life insurance benefit, this plan offers a perfect blend of income and financial protection of your family.

 
 

Key Features

Income for life

5% of the Sum Assured guaranteed plus bonus every year after the Premium Paying Term

Safety for your loved ones

Comprehensive financial protection for your family with whole life cover to age 100.

Illustration1

Age

Gender

Basic Sum Assured

Policy Term

Premium Paying Term

Premium Paid (Per annum) (in Rs.)

Total Benefits (guaranteed + Non-guaranteed)2 (in Rs.)

 

 

 

 

 

 

4%

8%

35

Male

8,000,000

65

10

1,035,804.8

33,243,950

53,995,950


1For life insured age of 35 years at the time of purchasing the policy with policy term 65 years and premium paying term 10 years.

2The above values are illustrative and not guaranteed and they are not upper or lower limits of what on get back, as the values of policy depends on numbers of factors including investment performance. Additional benefits are available at additional cost. Premium rates are exclusive of GST.

 

Key Benefits


Survival Benefit:

In the event the life insured survives to the end of the premium paying term, ABSLI shall pay you

  • Accrued bonuses till date

In the event the life insured survives to the end of each subsequent policy year, ABSLI shall pay you

  • Income Benefit of 5.0% of Sum Assured; plus
  • Bonus from the current policy year

Maturity Benefit:

In the event the life insured survives to the end of the policy term, ABSLI shall pay you

  • Higher of, Sum Assured or 105% of Total Premiums paid to date (2); plus
  • Terminal bonus (if any)

Death Benefit:

In the unfortunate event of the death of the life insured during the premium paying term, ABSLI shall pay to the nominee

  • Sum Assured on Death; 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, ABSLI shall pay to the nominee

  • Sum Assured on Death; plus
  • Bonus from the last policy year; plus
  • Terminal bonus (if any)

The Sum Assured on Death is the maximum of

  • 10 times the Annualized Premium3
  • Sum Assured chosen;
  • 105% of Total Premiums paid4 upto the date of death

3Annualized Premium shall be the premium amount payable in a year chosen by the policyholder, excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any.
4Total Premiums Paid means total of all the premiums received, excluding any extra premium, any rider premium and taxes.


Customisable Benefit:

For added protection

  • ABSLI Accidental Death and Disability Rider (UIN: 109B018V03)
  • ABSLI Critical Illness Rider (UIN: 109B019V03)
  • ABSLI Surgical Care Rider (UIN: 109B015V03)
  • ABSLI Hospital Care Rider (UIN: 109B016V03)
  • ABSLI Waiver of Premium Rider (UIN: 109B017V03)
  • ABSLI Accidental Death Benefit Rider Plus (UIN: 109B023V02)
 

Eligibility


Plan ParametersMinimumMaximum
Age at Entry (years)30 days560 years
Policy Term (PT) (years)Whole Life to Age 100-
Premium Paying Term (PT) (years)8 | 10 | 12 | 15 to 40 years
Sum AssuredRs. 200,000-
Minimum Premium (Rs.)For PPT 8 | 10 | 12 years – Rs. 25,000 p.a.
For PPT 15 to 40 years – Rs. 3,880 p.a.
Premium Payment ModeMonthly, Quarterly, Semi-Annual, Annual

5Risk commences from the first-year policy anniversary.
For details on benefits, terms and conditions please refer the brochure.

 

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.

This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This is a non-participating traditional insurance plan. All terms & conditions are guaranteed throughout the policy term. GST and any other applicable taxes will be added (extra) to the premium and levied as per extant tax laws. The insurance cover for the life insured (including minors) will commence on the policy issue date. For further details please refer to the policy contract. Tax benefits are subject to changes in the tax laws. For more details on risk factors, terms and conditions, please refer the sales brochure before concluding the sale. 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 - 400013. Website: www.adityabirlasunlifeinsurance.com and toll-free no. 1800-270-7000. IRDAI reg no.109 CIN: U99999MH2000PLC128110 UIN: 109N079V05 ADV/6/20-21/387

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.

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 (IRDA of India Regn.No.109) CIN: U99999MH2000PLC128110 having the Registered office address at One India bulls Centre, Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. DBS Bank India Limited (Bank) does not underwrite the risk or act as an insurer. The Aditya Birla Sun Life Insurance Vision LifeIncome Plan with UIN: 109N079V05 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.

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 customercareindia@dbs.com. Visit us at: www.dbs.com/in

UIN: 109N079V05

 

How to Apply

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

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