Assured Income Plus – Guaranteed Income for a Secure Future
Get guaranteed regular income for 20, 25 or 30 years along with life insurance protection.
Ensure financial stability for your family and meet long-term goals with confidence.
Enjoy peace of mind knowing your future income is secure, predictable, and reliable.
Aditya Birla Sun Life Insurance – Assured Income Plus- Overview
Provides guaranteed regular income for 20, 25, or 30 years to support long-term financial goals
Combines life insurance protection with assured income, ensuring your family’s financial security even in your absence
Offers flexible premium payment options along with income payout choices to suit your needs
Rewards long-term commitment through Loyalty Additions, helping enhance overall benefits
Key Features of ABSLI – Assured Income Plus
Long Term Income
Guaranteed regular income for 20 / 25 / 30 years* Receive assured income for a long duration, helping you plan your expenses and future goals with certainty and confidence.
Two Benefit Options
Select between regular income payouts or a lump sum benefit based on your financial objectives and lifestyle needs.
Loyalty Additions
Enjoy additional benefits for staying invested long-term, enhancing the overall value of your policy.
Guaranteed Lumpsum Benefit
Receive a guaranteed lump sum payout at maturity, helping you meet major financial goals with certainty and peace of mind.
Commutation Option
Option to receive future income benefits as a lump sum, subject to policy terms and conditions.
Customizable Benefits
Customize your plan by choosing premium terms, payout options, and additional riders to match your financial needs.
Plan Options
Income Variant
Receive guaranteed income after premium payment term
Income frequency: Annual / Semi-annual / Quarterly / Monthly
Income paid for 20, 25 or 30 years
Lump Sum Variant
Receive lump sum payout at maturity
Suitable for long-term wealth goals
Eligibility Criteria
ABSLI Assured Income Plus At Glance
| Product Specifications | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Type of Plan | A Non-Linked Non-Participating Individual Savings Life Insurance Plan | |||||||||||||||||||
| Coverage | All Individuals (Male | Female | Transgender) | |||||||||||||||||||
|
Age of Life Insured at Entry (age as on last birthday) |
Minimum | 1 year (subject to minimum maturity age of 18 years) | ||||||||||||||||||
| Maximum | 60 years | |||||||||||||||||||
|
Maturity Age of Life Insured (age as on last birthday) |
Minimum | 18 years | ||||||||||||||||||
| Maximum | 77 years | |||||||||||||||||||
| Premium Payment Term (PPT), Policy Term (PT) & Benefit Payout Period |
|
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| Minimum Annualized Premium | ₹50,000 | |||||||||||||||||||
| Maximum Annualized Premium | No Limit (subject to Board Approved Underwriting Policy) | |||||||||||||||||||
| Premium Payment Modes & Modal Factors | Annual (0.0%) | Semi-Annual (1.0%) | Quarterly (1.5%) | Monthly (3.5%) | |||||||||||||||||||
| Minimum Sum Assured | ₹5,50,000 | |||||||||||||||||||
| Maximum Sum Assured | Subject to Board Approved Underwriting Policy | |||||||||||||||||||
| Benefit Options |
Income Only Benefit Income with Lump Sum Benefit |
|||||||||||||||||||
| Benefit Payout Frequency | Annual | Semi-Annual | Quarterly | Monthly | |||||||||||||||||||
| POS Boundary Conditions | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Age of the Life Insured at Entry (age as on last birthday) |
Minimum |
1 year (subject to age at the end of Policy Term should be minimum 18 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 minors will start from the Date of Commencement of Risk. |
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| Maximum |
For 5 Pay: 60 years For 6 Pay: 59 years For 8 Pay: 57 years For 10 Pay: 55 years For 12 Pay: 53 years |
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|
Maturity Age of the Life Insured (age as on last birthday) |
Minimum | 18 years | ||||||||||||||||||
| Maximum | 65 years | |||||||||||||||||||
| Premium Payment Term (PPT) & Policy Term (PT) |
|
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| Minimum Annualized Premium | ₹50,000 | |||||||||||||||||||
| Maximum Annualized Premium | No Limit (subject to Board Approved Underwriting Policy) | |||||||||||||||||||
| Premium Payment Modes & Modal Factors | Annual (0.0%) | Semi-Annual (1.0%) | Quarterly (1.5%) | Monthly (3.5%) | |||||||||||||||||||
| Minimum Sum Assured | ₹5,50,000 | |||||||||||||||||||
| Maximum Sum Assured | ₹25,00,000 | |||||||||||||||||||
| Benefit Options |
Income Only Benefit Income with Lump Sum Benefit |
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| Benefit Payout Frequency | Annual | Semi-Annual | Quarterly | Monthly | |||||||||||||||||||
Key Benefits Offered Under the Plan
Guaranteed Income
This plan provides guaranteed regular income for 20, 25, or 30 years after the premium payment term is completed.
The income amount depends on factors such as the age at entry, premium amount, premium payment term, and the chosen income variant.
This benefit ensures a stable and predictable income stream to support long-term financial needs, without being affected by market fluctuations.
Death Benefit
This plan provides guaranteed regular income for 20, 25, or 30 years after the premium payment term is completed.
The income amount depends on factors such as the age at entry, premium amount, premium payment term, and the chosen income variant.
This benefit ensures a stable and predictable income stream to support long-term financial needs, without being affected by market fluctuations.
| Age at Entry | Multiple | Age at Entry | Multiple | Age at Entry | Multiple | Age at Entry | Multiple | Age at Entry | Multiple |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 15.9 | 13 | 14.7 | 25 | 13.5 | 37 | 12.3 | 49 | 11.1 |
| 2 | 15.8 | 14 | 14.6 | 26 | 13.4 | 38 | 12.2 | 50 | 11.0 |
| 3 | 15.7 | 15 | 14.5 | 27 | 13.3 | 39 | 12.1 | 51 | 11.9 |
| 4 | 15.6 | 16 | 14.4 | 28 | 13.2 | 40 | 12.0 | 52 | 11.8 |
| 5 | 15.5 | 17 | 14.3 | 29 | 13.1 | 41 | 11.9 | 53 | 11.7 |
| 6 | 15.4 | 18 | 14.2 | 30 | 13.0 | 42 | 11.8 | 54 | 11.6 |
| 7 | 15.3 | 19 | 14.1 | 31 | 12.9 | 43 | 11.7 | 55 | 11.5 |
| 8 | 15.2 | 20 | 14.0 | 32 | 12.8 | 44 | 11.6 | 56 | 11.4 |
| 9 | 15.1 | 21 | 13.9 | 33 | 12.7 | 45 | 11.5 | 57 | 11.3 |
| 10 | 15.0 | 22 | 13.8 | 34 | 12.6 | 46 | 11.4 | 58 | 11.2 |
| 11 | 14.9 | 23 | 13.7 | 35 | 12.5 | 47 | 11.3 | 59 | 11.1 |
| 12 | 14.8 | 24 | 13.6 | 36 | 12.4 | 48 | 11.2 | 60 | 11.0 |
Annual / Monthly instalments payable at the end of the
year/month instead of a lump-sum, over a period of 10 years
as per the percentages given below:
| Instalments Frequency | Annual | Monthly |
|---|---|---|
| Instalment (as % of Death Benefit) | 12.12% | 1.03% |
| Total payments (as % of Death Benefit) | 121.20% | 123.60% |
We may revise the instalment based on the then prevailing market conditions
subject to prior approval from IRDAI. Also, any change in the
methodology/formula for calculating the instalment shall be subject to
IRDAI approval.
The policyholder can opt for monthly, quarterly, semi-annual, or annual income, or choose a lump-sum payout at the end of the policy term, subject to policy conditions.
This benefit is designed to support retirement planning, future expenses, and long-term income requirements.
These additions are paid along with the income payouts and help enhance the overall benefits received under the policy.
The Loyalty Additions depend on factors such as the annualized premium and policy duration, as defined in the policy terms.
Even after completing the premium payments, the policy continues to provide income for a long duration, ensuring long-term financial stability.
This feature allows individuals to pay premiums during their earning years and receive income in later years.
Available options include annual, semi-annual, quarterly, and monthly payouts.
The payout amount may vary depending on the selected frequency, as defined in the policy terms.
Available riders may include Accidental Death Benefit Rider, Critical Illness Rider, and Hospital Care Rider, subject to eligibility and policy terms.
These riders provide additional financial protection in case of accidents, serious illnesses, or hospitalization.
The rider coverage period cannot exceed the base policy term.
The lump-sum amount will be calculated based on total premiums paid and applicable policy factors.
This option is suitable for meeting large one-time financial goals or planned expenses.
OTHER FEATURES
Policy Loan
You may take a loan against Your Policy on completion of the first policy year, once the Policy has acquired a surrender value. The minimum loan amount is R5,000 and the maximum is 80% of the then applicable surrender value less any outstanding policy loan balance as on that date. On exercising this option, Your Policy shall automatically get assigned to the Company to the extent of the outstanding Policy loan balance. The outstanding policy loan balance is an amount of loan still unpaid plus all accrued but unpaid loan interest up to the given date.
Where the Policy is in-force (premium paying) or all due premiums under the Policy have been paid, and if the outstanding loan plus loan interest becomes equal to or exceeds the surrender value available under the Policy as on that date, We will inform You of the same with a 90-days advance notice to repay such outstanding loan balance along with applicable interest.
If Your Policy is a Reduced Paid-up Policy, and if the outstanding loan plus loan interest exceeds the surrender value available under the Policy as on that date, then We shall terminate Your Policy.
Any payment of a proceed against Death, Survival Benefit or Maturity Benefit provisions or as a Surrender Value shall be reduced by any outstanding Policy loan balance at that time and the residual value shall be payable. We shall be issuing the loan re-payment schedule at the time You opt for the loan against Policy.
We shall declare the loan interest rate applicable to all policies under this product on June 1st of every calendar year and is equal to the base rate of the State bank of India plus 100 basis points. The interest rate applicable as on June 1st, 2025 is 11.40% p.a.
Any change in basis of determination of interest rate for policy loan can be done only after prior approval of IRDAI.
HOW DOES ABSLI ASSURED INCOME PLUS WORK FOR YOU?
Case Study for Income Only Benefit Option: Mr. Sharma, aged 35 years, invests R1,00,000 p.a. in ABSLI Assured Income Plus.
He opts for a premium payment term of 8 years, with a policy term of 9 years and a benefit payout period of 30 years. He chooses “Income only Benefit” Option and chooses to receive his Income Benefit annually.
Scenario 1: Mr. Sharma survives through the policy term and receives Income Benefits throughout the benefit payout period.
Scenario 2: Mr. Sharma dies in the 7th year of the Policy during his Premium Payment Term, his nominee will receive Death Benefit.
Scenario 3: Mr. Sharma dies during the benefit payout period in the 16th year, his nominee will continue to receive the Income Benefits as opted till the end of the benefit payout period.
Case Study for ‘Income with Lumpsum Benefit’ Option: Mr. Sharma, aged 35 years, invests R1,00,000 p.a. in ABSLI Assured Income Plus. He opts for a premium payment term of 8 years, with a policy term of 9 years and a benefit payout period of 30 years under the Income with Lumpsum Benefit Option. He chooses to receive the Income Benefits annually
Scenario 1: Mr. Sharma survives through the policy term and receives Income Benefits throughout the benefit payout period along with Guaranteed Lumpsum Benefit at the end of the benefit payout period
HOW DOES ABSLI ASSURED INCOME PLUS WORK FOR YOU?
Tax Benefits
You may be entitled to certain applicable tax benefits on the premiums paid and benefits received under Your Policy. Please note that all the tax benefits are subject to tax laws prevailing at the time of payment of premium or receipt of benefits by you. It is advisable to seek an independent tax advice.
SURRENDER / PREMIUM DISCONTINUANCE/POLICY REVIVAL TERMS
1. What happens when you surrender the Policy?
You can surrender the Policy any time during the policy term after the Policy has acquired a Surrender Value. This Policy shall acquire a Surrender Value provided One Full Year Premium for the first Policy Year has been received by Us.
Where One Full Year Premium for the first Policy Year has been received by Us and the Policyholder opts to surrender the Policy at any time during the Policy Term, the Surrender Value payable will be equal to the Special Surrender Value. The Surrender Value will be payable only at the end of the first Policy Year, the Surrender Value will be payable only at the end of the first Policy Year.
However, where all the due Instalment Premiums for the first two Policy Years have been received by Us, the Surrender Value payable will be equal to the higher of Guaranteed Surrender Value and Special Surrender Value.
Where,
Guaranteed Surrender Value (GSV) is defined as a percentage of Total Premiums Paid.
Special Surrender Value (SSV) is determined by the company from time-to-time basis changing economic scenario & calculated in accordance with applicable IRDAI . The Company may revise the SSV factors based on the then prevailing market conditions. Any change in the methodology/formula for calculating the SSV factors shall be subject to IRDAI approval.
2. What happens when you discontinue paying Your premiums?
In case the premium is not paid by the due date, you will be given a Grace Period of thirty (30) days from the due date for payment of each premium for all premium paying modes except for monthly mode, where a grace period of only fifteen (15) days will be allowed. During this Grace Period, Your risk cover will continue.
In case the premium is not paid by the expiry of the Grace Period, the following provisions will apply:
- Discontinuance of Payment of Premium before the Policy has acquired surrender value If you don’t pay the due premium during the grace period, on expiry of the grace period, the Policy shall Lapse e.f. the due date of unpaid premium, and all benefits under the Policy, including the insurance cover, shall cease and no benefits shall be payable, however, you will have the option to revive the Policy within 5 years from the due date of first unpaid premium.
- Discontinuance of Payment of Premium after the Policy has acquired surrender value If you don’t pay the due premium during the grace period, on expiry of the grace period, the Policy shall become Reduced Paid Up (RPU)
After the Policy has become RPU, the benefits payable will be amended as follows:
The RPU Sum Assured and RPU Income Benefit shall be equal to the Sum Assured and Income Benefit respectively, multiplied by the RPU Factor,
where the RPU Factor is the ratio of:
- The number of premium instalments paid to date; over
- The total number of premium instalments originally due for the policy
Death Benefit for RPU Policies:
If the Life Insured dies during the policy term, the RPU Death Benefit will be RPU Sum Assured on Death, if any under the Policy.
The “RPU Sum Assured on Death” during the entire policy term is the Sum Assured on Death multiplied by the RPU Factor subject to minimum 150% of Total Premiums Paid up to date of death.
Survival Benefit for RPU Policies:
- In the event the Life Insured survives till the end of the policy term, RPU Income Benefit (Income Benefit X RPU Factor) shall be payable at the end of each year during the benefit payout period.
- In case the Policyholder has chosen the “Income with Lumpsum Benefit” option, the Guaranteed Lumpsum Benefit shall be payable at the end of the benefit payout period in addition to the RPU Income Benefit during the benefit payout
- In case of death of the Life Insured during the benefit payout period, the RPU Income Benefit and Guaranteed Lumpsum Benefit, if any, will continue to be paid to the The nominee can also opt to receive one lump sum instead of the Income Benefits & Guaranteed Lumpsum Benefit, if any.
- At any time on or after the completion of the policy term, if Policyholder would like to get a lumpsum instead of the RPU Income Benefits and Guaranteed Lumpsum Benefit, if any, the commuted value of the outstanding benefits shall be paid in lumpsum. This lumpsum will be at least equal to the Total Premiums Paid less any survival benefit already paid.
Please Note: No loyalty addition or enhanced Guaranteed Lumpsum Benefit (as explained in the Survival Benefit section) will be payable for RPU policies. Rider Benefits, if any, will cease once the Policy has acquired RPU status.
3 What happens when you wish to revive Your Policy?
You can revive Your Policy within a revival period of five years from the due date of first unpaid premium, subject to following conditions:
- Paying all outstanding premiums together with interest and/or late fees as declared by us from time to time;
- Providing evidence of Life Insured’s insurability satisfactory to us
- Revival of the Policy shall take effect only after revival of the Policy is approved by Us basis the Board approved underwriting Policy and communicated to you in
Once the Policy has been revived, on the effective date of revival, all benefits will be restored to their full value.
The monthly interest rate charged on unpaid premiums will be declared by ABSLI on June 1st of each calendar year and is determined as (x+1%)/12 rounded to the next 0.5%, where x is the base rate of the State Bank of India. The current applicable interest rate, as declared on June 1st, 2025, is 1% per month.
Any change in basis of determination of interest rate for revival can be done only after prior approval of the Authority. If a lapsed Policy is not revived within five years, the Policy shall be terminated, and no value is payable to You.
TERMINATION OF POLICY
This Policy will terminate upon the occurrence of any of the following events:
- the date of payment of the surrender value under the policy; or
- the date of settlement of the Death Benefit; or
- end of the benefit payout period; or
- the date on which the Revival period ends after Your Policy has lapsed if fewer than one full year of premiums have been paid; or
- the date on which the outstanding loan amount exceeds the surrender value in case of Reduced Paid Up (RPU) policies; or
- the date of payment of free look cancellation
TERMS & CONDITIONS
You will have the right to return Your Policy to Us within 30 days from the date of receipt of the Policy, in case You disagree with the terms & conditions of Your Policy. We will refund the premium paid post receipt of written notice of cancellation (along with reasons thereof) together with the original Policy document from Your end. We may reduce the amount of the refund by proportionate risk premium for the period of cover and expenses incurred by us on medical examination, if any and stamp duty charges while issuing Your Policy in accordance with IRDAI (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024.
Grace Period
A grace period of 30 (thirty) days from the premium due date (15 (fifteen) days in case of Monthly mode) for payment of each premium will be allowed. During the grace period the Company will accept the premium without any penalty or late fees. The insurance coverage continues during the grace period, however, if the Life Insured dies during the grace period, the Company shall be entitled to deduct the unpaid Premiums due as on the date of death from the Benefits payable under the Policy.
Suicide Exclusion
If the Life Insured dies by suicide within 12 months of the effective date of risk commencement or the date of revival of Policy, the Policy shall terminate immediately. In such cases, the Company shall pay higher of Surrender Value or (total premiums paid plus underwriting extra premiums paid plus loadings for modal premiums paid excluding applicable taxes) in case the Policy has acquired a surrender value; or Total Premiums Paid plus underwriting extra premiums paid plus loadings for modal premiums paid excluding applicable taxes in case the Policy has not acquired a surrender value.
Assignment
Assignment shall be applicable in accordance with provisions of Section 38 of the Insurance Act 1938, as amended from time to time.
Nomination
Nomination shall be applicable in accordance with provisions of Section 39 of the Insurance Act 1938, as amended from time to time.
Fraud and Mis-statement
Section 45 – Policy shall not be called in question on the ground of mis-statement after three years
Provisions regarding Policy not being called into question in terms of Section 45 of the Insurance Act, 1938, as amended by the Insurance Laws (Amendment) Act, 2015 are as follows:
No Policy of Life Insurance shall be called in question on any ground whatsoever after expiry of 3 years from:
a. the date of issuance of Policy; or
b. the date of commencement of risk; or
c. the date of Revival of Policy; or
d. the date of rider to the Policy, whichever is later.On the ground of fraud, a Policy of Life Insurance may be called in question within 3 years from:
a. the date of issuance of Policy; or
b. the date of commencement of risk; or
c. the date of Revival of Policy; or
d. the date of rider to the Policy, whichever is later.
For this, the insurer should communicate in writing to the insured or legal representative or Nominee or assignees of insured, as applicable, mentioning the ground and materials on which such decision is based.Fraud means any of the following acts committed by insured or by his agent, with the intent to deceive the insurer or to induce the insurer to issue a life insurance Policy:
a. The suggestion, as a fact, of that which is not true and which the insured does not believe to be true;
b. The active concealment of a fact by the insured having knowledge or belief of the fact;
c. Any other act fitted to deceive; and
d. Any such act or omission as the law specifically declares to be fraudulent.Mere silence is not fraud unless, depending on circumstances of the case, it is the duty of the insured or his agent keeping silence to speak or silence is in itself equivalent to speak.
No Insurer shall repudiate a life insurance Policy on the ground of Fraud, if the Insured / beneficiary can prove that the misstatement was true to the best of his knowledge and there was no deliberate intention to suppress the fact or that such mis-statement of or suppression of material fact are within the knowledge of the insurer. Onus of disproving is upon the Policyholder, if alive, or beneficiaries.
Life insurance Policy can be called in question within 3 years on the ground that any statement of or suppression of a fact material to expectancy of life of the insured was incorrectly made in the proposal or other document on the basis of which Policy was issued or revived or rider issued. For this, the insurer should communicate in writing to the insured or legal representative or Nominee or assignees of insured, as applicable, mentioning the ground and materials on which decision to repudiate the Policy of life insurance is based.
In case repudiation is on ground of mis-statement and not on fraud, the premium collected on Policy till the date of repudiation shall be paid to the insured or legal representative or Nominee or assignees of insured, within a period of 90 days from the date of repudiation.
Fact shall not be considered material unless it has a direct bearing on the risk undertaken by the insurer. The onus is on insurer to show that if the insurer had been aware of the said fact, no life insurance Policy would have been issued to the insured.
The insurer can call for proof of Age at any time if he is entitled to do so and no Policy shall be deemed to be called in question merely because the terms of the Policy are adjusted on subsequent proof of Age of Life Insured. This Section will not be applicable for questioning Age or adjustment based on proof of Age submitted subsequently.
Disclaimer
This is not a comprehensive list of amendments of the Insurance Laws (Amendment) Act, 2015 and only a simplified version prepared for general information. Policy Holders are advised to refer to Original Act Gazette Notification dated March 23, 2015 for complete and accurate details.
Prohibition of Rebates
Section 41 of the Insurance Act, 1938 as amended from time to time states:
No person shall allow or offer to allow, either directly or indirectly, as an inducement to any person to take or renew or continue an insurance in respect of any kind of risk relating to lives or property in India, any rebate of the whole or part of the commission payable or any rebate of the premium shown on the Policy, nor shall any person taking out or renewing or continuing a Policy accept any rebate, except such rebate as may be allowed in accordance with the published prospectuses or tables of the insurer. Any person making default in complying with the provisions of this section shall be punishable with a fine which may extend to ten lakh rupees.
ANNEXURE I - INCOME BENEFIT PERCENTAGES
Income Benefit (as a percentage of Annualized Premium) paid annually has been given below as per the Benefit Option Chosen:
1. Income-Only Benefit
| PPT (yrs) | PT (yrs) | LI Age ≤ 50 years | LI Age > 50 years | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AP < ₹1 lakh Benefit payout period [years] | AP ≥ ₹1 lakh Benefit payout period [years] | AP < ₹1 lakh Benefit payout period [years] | AP ≥ ₹1 lakh Benefit payout period [years] | ||||||||||
| 20 | 25 | 30 | 20 | 25 | 30 | 20 | 25 | 30 | 20 | 25 | 30 | ||
| 5 | 5 | 26.95% | 24.10% | 22.50% | 27.25% | 24.15% | 22.65% | 24.60% | 21.50% | 19.90% | 27.15% | 24.15% | 22.65% |
| 5 | 6 | 28.50% | 25.45% | 23.40% | 28.90% | 25.55% | 23.70% | 25.55% | 22.30% | 20.55% | 28.25% | 25.55% | 23.70% |
| 5 | 7 | 28.50% | 26.55% | 23.40% | 28.90% | 25.55% | 23.70% | 25.55% | 22.30% | 20.55% | 28.25% | 25.55% | 23.70% |
| 5 | 8 | 30.75% | 27.90% | 25.95% | 31.55% | 27.95% | 26.00% | 27.25% | 23.50% | 21.80% | 31.05% | 27.80% | 25.95% |
| 5 | 9 | 32.10% | 29.25% | 27.40% | 33.05% | 29.50% | 27.45% | 28.15% | 24.35% | 22.60% | 32.65% | 29.45% | 27.40% |
| 5 | 10 | 33.45% | 30.65% | 28.75% | 34.65% | 31.05% | 28.90% | 29.15% | 25.25% | 23.45% | 34.30% | 30.90% | 28.85% |
| 6 | 6 | 34.55% | 31.30% | 27.90% | 34.60% | 31.35% | 28.55% | 32.40% | 28.50% | 26.25% | 34.05% | 29.85% | 27.45% |
| 6 | 7 | 36.40% | 33.30% | 31.05% | 36.45% | 33.35% | 31.10% | 33.65% | 29.25% | 26.85% | 36.40% | 32.75% | 30.15% |
| 6 | 8 | 38.10% | 34.80% | 32.45% | 38.15% | 34.90% | 32.55% | 34.70% | 30.00% | 27.75% | 38.00% | 34.25% | 31.55% |
| 6 | 9 | 40.05% | 36.60% | 34.15% | 40.10% | 36.75% | 34.35% | 36.10% | 31.30% | 28.90% | 39.80% | 35.95% | 33.20% |
| 6 | 10 | 42.00% | 38.45% | 35.90% | 42.25% | 38.75% | 36.40% | 37.45% | 32.50% | 30.10% | 41.75% | 37.90% | 35.00% |
| 8 | 8 | 48.90% | 43.80% | 41.55% | 52.55% | 46.60% | 43.00% | 43.80% | 39.15% | 37.30% | 50.10% | 45.70% | 42.95% |
| 8 | 9 | 51.85% | 46.65% | 44.40% | 55.55% | 50.10% | 46.50% | 47.50% | 41.00% | 40.00% | 52.50% | 47.90% | 45.75% |
| 8 | 10 | 54.05% | 48.50% | 46.25% | 58.50% | 52.65% | 48.95% | 48.25% | 42.70% | 40.45% | 54.90% | 50.25% | 48.10% |
| 8 | 11 | 56.65% | 50.85% | 48.60% | 61.85% | 55.90% | 52.00% | 50.20% | 44.45% | 42.30% | 57.50% | 52.90% | 50.75% |
| 8 | 12 | 59.35% | 53.30% | 51.20% | 65.55% | 59.30% | 55.20% | 52.20% | 46.35% | 44.25% | 60.35% | 55.65% | 53.55% |
| 8 | 13 | 62.20% | 56.05% | 53.85% | 69.40% | 63.00% | 58.70% | 54.30% | 48.30% | 46.20% | 63.40% | 58.65% | 56.60% |
| 10 | 10 | 67.85% | 63.20% | 58.15% | 71.20% | 66.55% | 61.70% | 61.90% | 55.95% | 51.95% | 70.15% | 66.05% | 61.65% |
| 10 | 11 | 73.30% | 66.10% | 61.50% | 78.25% | 71.00% | 66.15% | 63.20% | 59.30% | 54.50% | 75.40% | 69.65% | 65.10% |
| 10 | 12 | 76.55% | 68.85% | 63.90% | 82.55% | 75.00% | 69.90% | 67.25% | 60.10% | 55.80% | 81.30% | 73.40% | 68.70% |
| 10 | 13 | 80.60% | 72.50% | 67.30% | 87.35% | 79.50% | 74.15% | 70.30% | 62.90% | 58.40% | 85.75% | 77.50% | 72.65% |
| 10 | 14 | 84.75% | 76.40% | 71.00% | 92.55% | 84.30% | 78.80% | 73.50% | 65.90% | 61.30% | 90.60% | 82.05% | 77.05% |
| 10 | 15 | 89.40% | 80.70% | 75.05% | 98.10% | 89.55% | 83.65% | 76.90% | 68.95% | 64.30% | 95.80% | 86.80% | 81.50% |
| 12 | 12 | 91.85% | 85.65% | 79.40% | 91.90% | 85.80% | 79.55% | 84.95% | 76.80% | 70.60% | 89.70% | 82.25% | 76.00% |
| 12 | 13 | 94.25% | 90.70% | 84.15% | 96.90% | 91.00% | 84.40% | 89.15% | 81.35% | 74.85% | 93.60% | 85.95% | 79.45% |
| 12 | 14 | 99.55% | 92.85% | 85.95% | 102.55% | 96.40% | 89.45% | 93.40% | 82.75% | 75.95% | 98.40% | 87.70% | 80.80% |
| 12 | 15 | 104.85% | 97.85% | 90.55% | 108.80% | 102.35% | 95.00% | 97.95% | 86.60% | 79.50% | 103.35% | 92.10% | 84.90% |
| 12 | 16 | 111.95% | 103.00% | 95.30% | 115.15% | 108.75% | 100.95% | 102.50% | 90.85% | 83.40% | 108.55% | 96.65% | 89.05% |
| 12 | 17 | 118.95% | 108.60% | 100.50% | 122.20% | 115.70% | 107.45% | 107.20% | 95.15% | 87.30% | 113.85% | 101.65% | 93.65% |
2. Income with Lumpsum Benefit
| PPT (yrs) | PT (yrs) | LI Age ≤ 50 years | LI Age > 50 years | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
AP < ₹1 lakh Benefit payout period [years] | AP ≥ ₹1 lakh Benefit payout period [years] | AP < ₹1 lakh Benefit payout period [years] | AP ≥ ₹1 lakh Benefit payout period [years] | ||||||||||
| 20 | 25 | 30 | 20 | 25 | 30 | 20 | 25 | 30 | 20 | 25 | 30 | ||
| 5 | 5 | 18.10% | 18.30% | 18.45% | 19.70% | 19.65% | 19.85% | 14.50% | 15.30% | 15.95% | 17.85% | 18.35% | 18.55% |
| 5 | 6 | 19.55% | 19.80% | 19.85% | 21.25% | 21.40% | 21.45% | 15.35% | 16.20% | 16.60% | 19.20% | 19.85% | 20.05% |
| 5 | 7 | 19.55% | 20.11% | 19.85% | 22.90% | 22.95% | 22.90% | 15.35% | 16.20% | 16.60% | 20.60% | 21.20% | 21.35% |
| 5 | 8 | 22.65% | 22.75% | 22.60% | 24.65% | 24.55% | 24.40% | 17.70% | 17.95% | 18.25% | 22.20% | 22.75% | 22.75% |
| 5 | 9 | 24.40% | 24.45% | 24.05% | 26.50% | 26.25% | 26.00% | 19.05% | 19.15% | 19.35% | 23.85% | 24.55% | 24.15% |
| 5 | 10 | 26.15% | 26.05% | 25.60% | 28.45% | 28.05% | 27.70% | 20.40% | 20.35% | 20.55% | 25.60% | 26.35% | 25.85% |
| 6 | 6 | 23.90% | 24.30% | 23.90% | 25.10% | 26.20% | 26.00% | 20.65% | 21.20% | 21.50% | 23.35% | 24.00% | 24.40% |
| 6 | 7 | 26.25% | 26.50% | 26.30% | 28.20% | 28.35% | 28.15% | 21.70% | 22.05% | 22.30% | 25.60% | 25.70% | 26.00% |
| 6 | 8 | 28.05% | 28.15% | 27.80% | 30.45% | 30.40% | 30.05% | 22.95% | 23.05% | 23.45% | 27.50% | 27.45% | 27.70% |
| 6 | 9 | 30.25% | 30.20% | 29.75% | 32.80% | 32.60% | 32.10% | 24.80% | 24.70% | 24.95% | 29.55% | 29.40% | 29.50% |
| 6 | 10 | 32.65% | 32.35% | 31.75% | 35.25% | 34.90% | 34.25% | 26.60% | 26.25% | 26.50% | 31.70% | 31.65% | 31.70% |
| 8 | 8 | 31.40% | 33.00% | 34.30% | 37.70% | 38.75% | 38.65% | 25.40% | 27.15% | 28.70% | 31.85% | 34.30% | 36.80% |
| 8 | 9 | 34.55% | 35.95% | 37.10% | 41.65% | 42.15% | 42.60% | 28.10% | 28.25% | 31.25% | 34.90% | 36.75% | 40.30% |
| 8 | 10 | 37.30% | 38.15% | 39.20% | 44.90% | 45.20% | 45.55% | 29.05% | 30.40% | 31.60% | 37.45% | 39.55% | 43.10% |
| 8 | 11 | 40.55% | 41.00% | 41.90% | 48.35% | 48.50% | 48.70% | 31.70% | 32.50% | 33.70% | 40.20% | 42.25% | 46.00% |
| 8 | 12 | 44.10% | 44.00% | 44.75% | 52.10% | 51.95% | 52.05% | 34.35% | 34.90% | 35.90% | 43.05% | 45.10% | 49.05% |
| 8 | 13 | 47.75% | 47.15% | 47.75% | 56.55% | 55.60% | 55.60% | 37.10% | 37.25% | 38.15% | 46.05% | 48.10% | 52.35% |
| 10 | 10 | 45.30% | 46.70% | 47.35% | 54.35% | 55.35% | 55.95% | 36.60% | 39.50% | 40.95% | 49.45% | 49.80% | 52.25% |
| 10 | 11 | 47.95% | 49.60% | 50.85% | 58.85% | 60.60% | 60.20% | 37.40% | 42.95% | 43.35% | 53.45% | 53.90% | 55.95% |
| 10 | 12 | 51.55% | 52.45% | 53.15% | 63.60% | 65.20% | 64.55% | 42.50% | 43.90% | 44.70% | 57.65% | 57.80% | 59.85% |
| 10 | 13 | 56.00% | 56.45% | 56.65% | 68.65% | 70.10% | 69.15% | 46.15% | 46.95% | 47.45% | 62.10% | 62.05% | 64.00% |
| 10 | 14 | 60.60% | 60.55% | 60.60% | 74.00% | 75.30% | 74.10% | 49.80% | 50.50% | 50.55% | 66.80% | 66.60% | 68.40% |
Important Notes & Disclaimer:
- 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
- For policies issued on minor life, the date of commencement of risk shall be the date of commencement of the Where a Policy is issued on a minor life, the Policy will vest after attainment of majority of the Life Insured. Where the Life Insured (whether major or minor) and Proposer/Policyholder is different, on the death of the Proposer/Policyholder, his legal heirs, in accordance with the existing succession laws, will be considered as new Proposer/Policyholder. As there is no death benefit payable on the death of the Proposer/Policyholder, the Policy status does not change, and the Policy continues. However, if the premiums are not paid before the expiry of the grace period the Policy would be subject to the provisions mentioned in the ‘Premium Discontinuance Section’.
- This brochure contains only the salient features of the For further details, please refer to the Policy contract.
- This product shall also be available for sales through online
- Tax benefits may be available as per prevailing tax 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
- “We”, “Us”, “Our” or “the Company” or “ABSLI” means Aditya Birla Sun Life Insurance Company
- “You” or “Your” means the
- Policyholder and Life Insured can be different under this In all situations, it is ensured that the Policyholder has an insurable interest in the Life Insured.
- Policies sourced through POS channel will not have any medical
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.
ABOUT ADITVA BIRLA SUN LIFE INSURANCE COMPANV LIMITED
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.
ABSLI offers a range of products across the customer’s life cycle, including children future plans, wealth protection plans, retirement and pension solutions, health plans, traditional term plans and Unit Linked Insurance Plans (“ULIPs”).
As of March 31, 2025 total AUM of ABSLI stood at 99,496 Cr. ABSLI recorded a gross premium income of Rs. 20,639 Cr and registering a y-o-y growth in Gross Premium with Individual Business FYP with Single Premium at 10% of Rs. 4115 Cr at 34%. ABSLI has a nationwide distribution presence through 430 branches, 12 bancassurance partners, 6 distribution channels, over 65,500+ direct selling agents, other Corporate Agents and Brokers through its website. The company has over 30,000+ employees and 20.03 lakh active customers.
ABOUT ADITVA BIRLA CAPITAL LIMITED
Aditya Birla Capital Limited (ABCL”) is a listed systemically important non-deposit taking Non-Banking Financial Company (NBFC) and the holding company of the financial services businesses. Through its subsidiaries/JVs, ABCL provides a comprehensive suite of financial solutions across Loans, Investments, Insurance, and Payments to serve the diverse needs of customers across their lifecycles. Powered by over 60,000 employees, the businesses of ABCL have a nationwide reach with over 1,623 branches and more than 200,000 agents/channel partners along with several bank partners.
As of March 31, 2025, Aditya Birla Capital Limited manages aggregate assets under management of over Rs. 5.11 Lakh Crore with a consolidated lending book of over Rs 1.57 Lakh Crore through its subsidiaries/JVs.
Aditya Birla Capital Limited is a part of the US$66 billion global conglomerate Aditya Birla Group, which is in the league of Fortune 500. Anchored by an extraordinary force of over 187,000 employees belonging to 100 nationalities, the Group is built on a strong foundation of stakeholder value creation. With over seven decades of responsible business practices, the Group’s businesses have grown into global powerhouses in a wide range of sectors – from metals to cement, fashion to financial services and textiles to trading. Today, over 50% of the Group’s revenues flow from overseas operations that span over 40 countries in North and South America, Africa, Asia, and Europe.
For more information, visit www.adityabirlacapital.com.