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All You Need To Know

ELIGIBILITY

Coverage All Individuals (Male | Female | Transgender)
Minimum Entry Age (age as on last birthday) Legacy Variant Milestone Variant
30 days*
Maximum Maturity Age (age as on last birthday) Legacy Variant Milestone Variant
100 years 85 years
Minimum Maturity Age Legacy Variant Milestone Variant
100 years 18 years
Maximum Entry Age (age as on last birthday) Legacy Variant Milestone Variant
5 Pay: 45 years 65 years
6 Pay: 55 years
7 Pay: 60 years
Other Premium Paying Term Opotions: 65 years
Minimum Premium Legacy Variant Milestone Variant
Single Premium Rs. 5,00,000 Limited
Premium/ Regular Premium Rs. 2,00,000
Maximum Premium Legacy Variant Milestone Variant
No limit (subject to Board Approved Underwriting Policy)
Legacy Variant Milestone Variant
Single Premium Rs. 6,25,000 Limited
Pay/ Regular Pay Rs. 14,00,000
Maximum Sum Assured Legacy Variant Milestone Variant
No limit (subject to Board Approved Underwriting Policy
Legacy Variant Milestone Variant
Single Pay Limited Pay: 5 to 20 years Single Pay Limited Pay: 5 to 12 years
Regular Pay: 10 to 30 years
Minimum Policy Term Legacy Variant Milestone Variant
100 years minus entry age 10 years
Maximum Policy Term Legacy Variant Milestone Variant
100 years minus entry age 30 years
Premium Payment Mode Annual | Semi-Annual | Quarterly | Monthly | Single
Premium Bands Band Single Premium/ Annualized Premium
Band 1 2,00,000 to 4,99,999
Band 2 5,00,000 to 24,99,999
Band 3 25,00,000 and above
Band 1 is not available under Single Premium Paying Term option.
*risk commences from policy issue date
Riders 1. ABSLI Waiver of Premium Rider (UIN: 109A039V01)
1. All future premiums waived in case of permanent disability due to illness or accident, any of the specified critical illnesses or death.
2. ABSLI Accidental Death Benefit Rider Plus (UIN: 109A024V01) Get additional protection for accident leading to death at a nominal cost.
There are exclusions attached to the riders. Please refer rider brochures for more details