ABSLI Salaried Term Plan

• Death Benefit payable as per the chosen Plan Option: 
  – Option 1: Life Cover 
  – Option 2: Life Cover with Return of Premium (ROP) 
  – Option 3: Fixed Income Cover 
  – Option 4: Increasing Income Cover
• Sum Assured on Death = Higher of: 
  – 11 × Annualised Premium 
  – 105% of Total Premiums Paid 
  – Absolute Sum Assured on Death
• Income payout options: 
  – Fixed Income: 1.25% of SA per month for 10 / 15 / 20 years 
  – Increasing Income: 1.25% monthly in Year 1, increasing at 5% or 10% simple interest annually
• Any excess payout beyond Sum Assured (if applicable) is paid as lump sum.

• No Survival Benefit for Plan Options 1, 3, and 4. 
• Plan Option 2 – Life Cover with ROP: 
  – Return of Total Premiums Paid at maturity (excluding GST, rider premiums, ACI premium, modal loading, discounts).

• Inbuilt benefit under all plan options. 
• On diagnosis of Terminal Illness (up to age 75): 
  – 50% of Sum Assured on Death, maximum ₹2 crore, paid immediately 
  – All future premiums waived 
  – Death Benefit reduced by TI payout

• Optional benefit available with all plan options. 
• Covers 42 specified critical illnesses. 
• ACI Sum Assured: 
  – Minimum ₹5 lakh 
  – Maximum ₹50 lakh, capped at 50% of Base Sum Assured 
• One-time lump-sum payout on first covered CI diagnosis. 
• Death SA reduces by ACI amount paid. 
• 90-day waiting period; no survival period. 
• Not available with Single Pay premium payment term.

• ABSLI Accidental Death & Disability Rider 
• ABSLI Accidental Death Benefit Rider Plus 
• ABSLI Critical Illness Rider* 
• ABSLI Surgical Care Rider 
• ABSLI Hospital Care Rider 
• ABSLI Waiver of Premium Rider

*Not available if ACI benefit is chosen.