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.
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.
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.