IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER
PROTECTING your lifestyle and your wealth creation goals is now possible
A market-linked savings plan that returns policy charges and helps you build a legacy fund
Aditya Birla Sun Life Insurance Wealth Infinia provides Suite of Investment Options to choose from, Milestone & Estate Planning, Accumulation of loyalty additions & wealth boosters, Return of charges and Two Plan Options. Make the SMART Move with ABSLI Wealth Infinia.
Flexibility to choose between two plan variants – Milestone Variant (coverage till Age 85) and Legacy Variant (coverage till Age 100) to help you grow your wealth and stay protected as per your life’s needs.
Wealth Boosters and Loyalty Additions added periodically during the Policy Term to enhance your Fund Value.
Return of Mortality and Premium Allocation Charges at the maturity to boost your Fund Value.
Systematic Withdrawal Facility to enable regular withdrawals from your Fund Value during the policy term to cater to your recurring monetary needs.
Life Cover throughout the Policy Term ensuring that your family is financially secured even in your absence.
Choice of 5 investment strategies and 16 funds to suit your varied investment needs.
Flexibility to choose from a wide range of Policy Terms and Premium Paying Terms.
Tax Benefits may be applicable on Premiums paid and Benefits received as per prevailing tax laws.
Yes, you are allowed to make unlimited partial withdrawals any time after (a) five complete policy years or (b) Life Insured attaining the age of 18 whichever is later. The minimum amount of partial withdrawal is Rs. 5,000. You are required to maintain a minimum Fund Value of one Annualized Premium chosen (25% of single premium). The total amount of partial withdrawal during a policy year shall not exceed 50% of the Fund Value at the time of partial withdrawal(s).
Yes, this plan covers death due to COVID-19.
For both the Variants, in case of Death of the Life Insured anytime during the Policy Term, while all due premiums under the policy have been paid, we will pay to the nominee/legal heir/Policyholder higher of:
a) Fund Value as on date of intimation of death; or
b) Sum Assured (reduced by partial withdrawals made during the two years immediately preceding the date of death of the Life Insured, if any); or
c) 105% of the Total Annualized Premiums/Single Premium received by Us till the date of death of the Life Insured (reduced by all partial withdrawals, if any made during the two years’ period immediately preceding the death of the Life Insured, if any)
You can choose to allocate your Annualized Premium/Single Premium in either of the 5 investment options,
Self-Managed Investment Option
Smart Investment Option
Systematic Transfer Investment Option
Return Optimiser Investment Option
Life Cycle Investment Option.
You can change from one investment option to another investment option after the first policy year and only one Investment Option can be selected at a time.
In case Self-Managed Investment Option is selected then, you can switch from one fund to another fund, provided the switched amount is at least Rs. 5,000. There is no limit on the number of switches that can be exercised in a policy year and all switches are free of charge.
Your family member can be a nominee in this plan.
Disclaimer
HDFC Bank Limited (IRDAI Registration No: CA0010) is the Corporate Agent of Aditya Birla Sun Life Insurance Company Limited and does not underwrite the risk or act as an insurer.
Registered Address: HDFC Bank Limited, HDFC Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai - 400 013. Participation by the Bank’s clients in the Insurance products is purely on a voluntary basis. The contract of Insurance is between Aditya Birla Sun Life Insurance Company Limited and the Insured and not between HDFC Bank and the Insured.
This is a unit-linked non-participating individual life insurance savings plan. This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). Aditya Birla Sun Life Insurance and ABSLI Wealth Infinia are only the names of the Company and Policy respectively and do not in any way indicate their quality, future prospects or returns. The name of the funds offered in this plan does not in any indicate their quality, future prospects or returns. The value of the fund reflects the value of the underlying investments. These investments are subject to market risks and change in fundamentals such as tax rates etc. affecting the investment portfolio. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document. The premium paid in unit linked life insurance policies are subject to investment risk associated with capital markets and the unit price of the units may go up or down based on the performance of fund and factors influencing the capital market and the policyholder is responsible for his/her decisions. GST and any other applicable taxes levied as per extant tax laws shall be deducted from the premium or from the allotted units as applicable. An extra premium may be charged as per our then existing underwriting guidelines for substandard lives, smokers or people having hazardous occupations etc. ULIP Issued on or after 1st February 2021 where the annualised premium exceeds Rs 2.5 lakh at any time during the premium paying term, the amount received on maturity shall not be entitled for exemption under section 10(10D) of the Income-tax Act, 1961. However, death benefit received shall be exempt u/s 10(10D).Tax benefits may be available as per prevailing tax laws. Please read the Product Brochure for detailed description on the benefits mentioned above. For more details on risk factors, terms and conditions please read sales brochure carefully before concluding the sale. 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 - 400013. IRDAI Reg No.109. Toll Free No. 1-800-270-7000. Website: www.adityabirlasunlifeinsurance.com. CIN: U99999MH2000PLC128110 UIN: 109L129V01 ADV/5/21-22/145 VER1/MAY/2021
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.