ABSLI Poorna Suraksha Kawach

All You Need To Know

Eligibility

Check Your Eligibility

 

Plan Options  Premium Paying Term  Minimum Policy Term  Maximum Policy Term  Min & Max  Maximum Maturity Age  Sum Assured 
        Entry Age     
Plan Option # 1 and 5  Single Pay  5 years  55 years  18 – 65 years  85 years  Min: Rs. 30 Lakhs 
  5 Pay  (PPT + 5) years    18 – 65 years    Max: No Limit, subject to Board Approved Guidelines 
  7 Pay      18 – 65 years     
  10 Pay      18 – 65 years     
  12 Pay      18 – 65 years     
  15 Pay      18 – 65 years     
  20 Pay      18 – 60 years     
  To age 60      18 – 54 years     
  Regular Pay  10 years    18 – 65 years     
             
Plan Option # 2  Single Pay  20 years  55 years  18 – 65 years  85 years  Min: Rs. 30 Lakhs 
  6 Pay          Max: No Limit, subject to Board Approved Guidelines 
  8 Pay           
  10 Pay           
  Regular Pay  10 years         
             
Plan Option # 3  Single Pay  20 years  55 years  18 – 65 years  85 years  Min: Rs. 30 Lakhs 
  6 Pay      18 - 64 years    Max: No Limit, subject to Board Approved Guidelines 
  8 Pay      18 - 62 years     
  10 Pay      18 - 60 years     
             
Plan Option # 4  5 Pay  (PPT + 5) years  55 years  18 – 50 years  85 years  Min: Rs. 30 Lakhs 
  7 Pay      18 – 50 years    Max: No Limit, subject to Board Approved Guidelines 
  10 Pay      18 – 50 years     
  12 Pay      18 – 50 years     
  15 Pay      18 – 50 years     
  20 Pay      18 – 50 years     
  To age 60  10 years    18 – 49 years     
  Regular Pay  10 years    18 – 50 years     
Plan Option # 6  Single Pay  11 years    18 – 65 years  85 years  Min: Rs. 30 Lakhs 
  5 Pay  11 years    18 – 65 years    Max: No Limit, subject to Board Approved Guidelines 
  7 Pay  (PPT + 5) years  55 years  18 – 65 years     
  10 Pay      18 – 65 years     
  12 Pay      18 – 65 years     
  15 Pay      18 – 65 years     
  20 Pay      18 – 60 years     
  To Age 60      18 – 54 years     
  Regular Pay  11 years    18 – 65 years    

 

Why invest in ABSLI Poorna Suraksha Kawach?

ere are the top 4 reasons for you to consider this plan: 

  • Choice of multiple Plan Options

Get comprehensive life insurance coverage to suit your varied needs 

  • Return of Premium (RoP) or Early Return Of Premium Option (ERoP)

Secure your savings along with life insurance cover with Return and Early return of premium option 

  • Flexible

Avail ‘One Time Exit Value’ and get back your premiums paid as a dependable support system in case of emergencies 

  • Accelerated Critical Illness Benefit (ACI)

Covers 42 specified critical illnesses on payment of additional premium 

 

What's not Covered under ABSLI Poorna Suraksha Kawach?

  • Suicide Exclusion

In case the Life Insured, dies due to suicide within 12 months from the Risk Commencement Date or date of revival of the Policy, the Policy shall immediately terminate, and Company shall pay the following to the Nominee: 

Where the Policy has acquired the surrender value/ unexpired risk premium value, higher of Surrender value/ unexpired risk premium value or (Total Premiums Paid plus underwriting extra premiums paid plus loadings for modal premiums paid excluding applicable taxes) till date of death. 

Where the Policy hasn’t acquired the Surrender value/ unexpired risk premium value, Total Premiums Paid plus underwriting extra premiums paid plus loadings for modal premiums paid excluding applicable taxes till date of death. 

  • Terminal Illness Benefit Exclusion

The Life Insured will not be entitled to any Terminal Illness benefit if it is caused directly or indirectly due to or occasioned, accelerated or aggravated by intentional self-inflicted injury or attempted suicide, whether medically sane or insane.

 

How to initiate Claim?

3 quick steps, everything online. 

  1. Fill basic details

  2. Claim intimation 

  3. Document submission