Aditya Birla Sun Life Insurance-Nischit Wealth Solution
Guaranteed regular income for 20, 25 or 30 years along with life insurance protection
ABSLI Nishchit Wealth Solution is a unique combination plan that offers assured income along with long-term wealth creation and life cover. It is designed for customers seeking stability, protection, and predictable returns.
Plan Overview
ABSLI Nishchit Wealth Solution is a combination of two plans:
ABSLI Nishchit Aayush Plan
ABSLI Wealth Aspire Plan
This solution provides guaranteed income, wealth accumulation, and life insurance coverage.
Customers can enjoy regular income payouts along with long-term financial security.
Ideal for individuals planning for retirement income, family security, or future financial goals.
ABSLI Nishchit Aayush Plan
ABSLI Wealth Aspire Plan
Guaranteed regular income for a fixed period
Life insurance protection throughout the policy term
Multiple income variants to suit customer needs
Option for monthly income payouts
Ideal for stable and predictable income planning
Unit Linked Insurance Plan (ULIP)
Helps in long-term wealth creation
Investment options aligned with customer’s financial goals
Classic option available
Investment risk borne by the policyholder
Eligibility Criteria
| Eligibility Criteria | Details |
|---|---|
| Coverage | All Individuals (Male | Female) |
| Entry Ages | Min: 30 days | Max: 55 Years |
| Maturity Age of the Life Insured | Min: 18 Years | Max: 75 Years |
| Premium Payment Term (PPT) | 6 | 8 | 10 | 12 Years |
| Policy Term (PT) | 15 | 20 | 25 | 30 | 35 | 40 Years |
| Annualized Premium |
₹ 1,50,000
(Minimum annualized premium can vary as per age and chosen PT & PPT combinations) |
| Income from Nishchit Aayush Plan | Should meet the Minimum Premium for Wealth Aspire Plan |
| Premium Payment Mode | Annual |
| Variants Available |
Nishchit Aayush Plan
|
| Reinvestment Mode | Monthly |
| Riders | Available (only for Nishchit Aayush Plan) |
| Deferment | Not Available |
Key Benefits
Guaranteed income for long-term financial stability
Life insurance coverage for family protection
Combination of income + wealth creation
Flexible policy terms and premium payment options
Suitable for retirement and future planning
Disclaimers
Life insurance coverage is available in this product.
Tax benefits are subject to prevailing tax laws.
As per Section 10(10D), policies issued after 1st April 2023 may be taxable if annual premium exceeds ₹5 lakhs.
In Wealth Aspire Plan, investment risk is borne by the policyholder.
Linked Insurance Products do not offer liquidity during the first five years.