Categories: Banking

Aditya Birla Sun Life Insurance launches ABSLI Nishchit Aayush Plan

Aditya Birla Sun Life Insurance (ABSLI), the life insurance subsidiary of Aditya Birla Capital Limited (ABCL) launched a new-age savings solution ABSLI Nishchit Aayush Plan, which aims to provide financial security to policyholders while also providing long-term savings benefits.

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About ABSLI Nishchit Aayush Plan:

The ABSLI Nishchit Aayush Plan is a non-linked, non-participating life insurance plan offering guaranteed regular income starting from as early as end of first policy month along with a lump-sum benefit at maturity.
The plan integrates financial protection and wealth creation by empowering the policyholders to fulfil their immediate liquidity requirements without any risk.
It offers flexible premium payment options, allowing policyholders to choose between a single premium payment or regular premium payments for a limited duration. Policyholders can customise their plans with a choice of income benefits, multiple income variants, premium payment terms, policy terms and deferment periods.

Features of ABSLI Nishchit Aayush Plan:

The maximum entry age to avail ABSLI Nishchit Aayush Plan is 55 years, while the minimum age is 30 days (Long term income option) and 30 years (Whole life income).
The minimum annualised premium is Rs 30,000. Policyholders can choose from multiple premium payment term options ranging from 6, 8, 10, 12 years.
Receive guaranteed income from the end of 1st/2nd policy year and lump-sum at maturity.
Flexibility to choose amongst Long Term Income and Whole-Life Income options.
Flexibility to customize your regular income requirements as per your goals.