Aditya Birla Sun Life Insurance DigiShield Plan

Aditya Birla Sun Life Insurance Digishield Plan

A non-linked non–participating individual pure risk premium life term insurance plan

(UIN:

Q1

Give product brief (in one para) that captures the qualitative benefits of the policy. 50 words

A1

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.

Q2

Give a consolidated content of the key features (in bullet points with a crisp heading for each point) that differentiates the product from other products. 250 words

A2

· 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.

· 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.

*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.

Q3

Give a consolidated content of the key benefits (in bullet points with a crisp heading for each point) that differentiates the product from other products. Total 250 words (323 words)

A3

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.

Q4

Please fill the table below in a crisp and to the point manner.

A4