Lakshmi-Vilas-Bank Personal-NRI Premium-Banking

Aditya Birla Sun Life Insurance DigiShield Plan

AT A GLANCE

This plan helps you secure your family’s future from unforeseen circumstances and ensure they lead a comfortable life devoid of any financial worries. Aditya Birla Sun Life Insurance has come up with an apt protection solution for you – ABSLI Digishield Plan, so that your family stays protected even when you are not around.

KEY FEATURES

  • Ten Plan Options to suit your varied protection needs.
  • Return of Premium (ROP) option along with life insurance cover to secure your savings.
  • Availability of life insurance cover for 1 year or till age 100 years providing comprehensive financial support.
  • Flexible death benefit pay-out options - as a lump sum, monthly income or a combination of both.
  • Accelerated Critical Illness (ACI) Benefit option covering 42 specified Critical Illnesses, on payment of additional premium.
  • Inbuilt Terminal Illness Benefit.
  • Option to cover your Spouse under the same Policy with Joint Life Protection.
  • Option to avail Survival Benefit as Monthly Income on attaining age 60 to ensure a worry free retired life.
  • Enhance your insurance with appropriate rider options, on payment of additional premium.

HOW DOES THE PLAN WORK? (ILLUSTRATION)

For life insured age of 35 years male non-smoker at the time of purchasing the

policy with policy term 35 years with regular pay and premium paying term 35 years

with plan option selected as Level Cover Option

Age

Gender

Sum Assured

Policy Term

Premium Paying Term

Premium Paid* (per annum in Rs.)

Death Benefit (In Rs.)

35

Male

₹1,00,00,000

35

35

₹13,400

₹1,00,00,000

*The Annualized premium is exclusive of underwriting extra premium, frequency loadings on premiums, the premiums paid towards the riders, if any and Goods & Service Tax (if any).

This is not a benefit illustration. Please visit our website or ask your financial advisor for the complete benefit illustration for your policy.

KEY BENEFITS

Death Benefit

  • In case of unfortunate demise of the life insured during the Policy Term, Death Benefit will be paid to the nominee(s)/ legal heir(s)/ assignee as per the plan option chosen.

Sum Assured on Death for a Regular Pay and Limited Pay Policy will be the highest of -

  • 11 times of the Annualized Premium; or
  • 105% of Total Premiums paid as on the date of death; or
  • The Effective Sum Assured as on the date of death

Sum Assured on Death for Single Pay Policy will be the highest of -

  • 125% of Single Premium; or
  • The Effective Sum Assured as on the date of death

Accelerated Critical Illness Benefit (ACI)

If you have opted for this benefit at policy inception, ACI sum assured will be payable to you on the first diagnosis of any of the specified critical illness as mentioned on the website.

Enhanced Life Stage Protection

If you have opted for this benefit at Policy inception, You may opt to increase your life cover (Sum Assured) on occurrence of each of the listed events without undergoing for any fresh medical examination.

Please refer to the product brochure for detailed description on the above benefits.

ELIGIBILITY

Plan

Minimum Entry Age

Maximum Entry Age

Premium Paying Term

Minimum Policy Term

Maximum Policy Term

Premium Payment Mode

Maximum Maturity Age

Sum Assured Limits

Option 1

18 years

65 years

Single Pay

5 years

55 years

Single

85 years

Min: ₹30 lakhs

Max: No limit, subject to Board approved Underwriting Policy

5 pay

PPT +

5 years

Annual |Semi-Annual |Quarterly| Monthly

7 pay

10 pay

12 pay

15 pay

60 years

20 pay

54 years

To age 60

65 years

Regular pay

10 years

Option 2

18 years

65 years

Single Pay

5 years

55 years

Single

85 years

Min: ₹30 lakhs

Max: No limit, subject to Board approved Underwriting Policy

5 pay

PPT +

5 years

Annual |Semi-Annual |Quarterly| Monthly

7 pay

10 pay

12 pay

15 pay

60 years

20 pay

54 years

To age 60

65 years

Regular pay

10 years

Option 3

18 years

65 years

Single Pay

11 years

55 years

Single

85 years

Min: ₹30 lakhs

Max: No limit, subject to Board approved Underwriting Policy

5 pay

Annual |Semi-Annual |Quarterly| Monthly

7 pay

PPT +

5 years

10 pay

12 pay

15 pay

60 years

20 pay

54 years

To age 60

65 years

Regular pay

11 years

Option4

45 years

65 years

Single pay

100 minus age at entry

Single

100 years

Min: ₹30 lakhs

Max: No limit, subject to Board approved Underwriting Policy

5 pay

Annual |Semi-Annual |Quarterly| Monthly

Option5

45 years

65 years

Single pay

100 minus age at entry

Single

100 years

Min: ₹30 lakhs

Max: No limit, subject to Board approved Underwriting Policy

5 pay

Annual |Semi-Annual |Quarterly| Monthly

Option 6

18 years

65 years

Single pay

5 years

55 years

Single

85 years

Min: ₹30 lakhs

Max: No limit, subject to Board approved Underwriting Policy

5 pay

PPT +

5 years

Annual |Semi-Annual |Quarterly| Monthly

7 pay

10 pay

12 pay

15 pay

60 years

20 pay

54 years

To age 60

65 years

Regular pay

10 years

Option 7

18 years

65 years

Single pay

5 years

55 years

Single

85 years

Min: ₹30 lakhs

Max: No limit, subject to Board approved Underwriting Policy

5 pay

PPT +

5 years

Annual |Semi-Annual |Quarterly| Monthly

7 pay

10 pay

12 pay

15 pay

60 years

20 pay

54 years

To age 60

65 years

Regular pay

10 years

Option 8

18 years

65 years

Single Pay

1 year

4 year

Single

69 years

Min:

₹1 lakh

Max:

₹20 lakhs

Regular Pay

Annual |Semi-Annual |Quarterly| Monthly

Option 9

18 years

50 years

Single Pay

70 – Age at entry

55 years

Single

85 years

Min: ₹30 lakhs

Max: No limit, subject to Board approved Underwriting Policy

5 pay

Annual |Semi-Annual |Quarterly| Monthly

7 pay

10 pay

48 years

12 pay

45 years

15 pay

40 years

20 pay

49 years

To age 60

Option 10

18 years

65 years

Regular Pay

10 year

55 years

Annual |Semi-Annual |Quarterly| Monthly

85 years

Min: ₹30 lakhs

Max: No limit, subject to Board approved Underwriting Policy

DISCLAIMERS

“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 Policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This is a non-linked non-participating individual pure risk premium life insurance plan; upon Policyholder’s selection of Plan Option 9 (Level Cover with Survival Benefit) and Plan Option 10 (Return of Premium [ROP]) this product shall be a non-linked non-participating individual life savings insurance 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. 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 are subject to changes in the 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.

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 www.adityabirlasunlifeinsurance.com IRDAI Reg No.109 CIN: U99999MH2000PLC128110 UIN: 109N108V06 ADV/9/21-22/xxx VER6/AUG/2021 .

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 Tata AIA 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 Tata AIA 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.

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.