ABSLI INCOME ASSURED PLAN

policy with premium paying term

5 years for 15-year policy term

7 years for 17, 22-year policy term

10 years for 20, 25-year policy term

Attained age at the end of premium-paying term must be 18 years or more

Attained age at the end of the premium-paying term must be 65 years or less

Annual, Semi-annual, Quarterly, Monthly

Get tax benefits under 80C and 10(10D) of the Income Tax Act, 1961

Receive Sum Assured plus and Guaranteed Additions accrued to date at the end of policy term

Nominee will receive greater of Sum Assured (less withdrawals) or Fund Value or 105% of total premium paid

Assured Income of 8.0% of Sum Assured per annum payable monthly after the premium-paying term till maturity of the policy.

Option B

Accumulate the Assured Income and receive as a lump sum at the end of policy term. The accrued Assured Income will be increased to 130% (for policy terms of 15, 17 and 20 years) and 150% (for policy terms of 22 and 25 years).

Guaranteed Additions will be added to your policy at the beginning of each quarter after the completion of the premium payment term, until policy maturity date. The quarterly Guaranteed Addition rate will be 1/4th of the per annum rate.

Enhance your insurance coverage by adding the following riders for a nominal extra cost.

BSLI Accidental Death and Disability Rider (UIN: 109B018V03)

BSLI Critical Illness Rider (UIN: 109B019V03)

BSLI Surgical Care Rider (UIN: 109B015V03)

BSLI Hospital Care Rider (UIN: 109B016V03)

BSLI Waiver of Premium (UIN: 109B017V02)

BSLI Accidental Death Benefit Rider Plus (UIN:109B023V01)

View Commission-related information