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Aditya Birla Sun Life Investment

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Aditya Birla Sun Life Investment
Highlights
Claim SettlementQuick and Hassle-free
Claim Settlement Ratio98.12%
Customer CareMon-Sat, 10 am to 7 pm
In-House Claim SettlementAvailable
PresenceAcross India
RenewabilityLifetime
Special BenefitsAvailable

About Aditya Birla Sun Life Investment

Investments or traditional life insurance plans ensure financial stability for you and your loved ones. If you are planning for investment, Aditya Birla Sun Life Investment Plans are one of the best options in India. Read on to find out the list of investment options offered by Aditya Birla Insurance.

What Is an Investment Plan?

A traditional investment plan is one in which individuals invest their money according to the terms and conditions of the policy. They are especially for individuals who want to satisfy their long-term financial needs, such as purchasing a dream home, planning for their children's high school education or marriage, and many others. When purchasing an investment scheme, it is important to compare different options and buy the one that is right for you.

Benefits of Aditya Birla Investment Plans

The benefits of investing in Aditya Birla Investment Plans are highlighted below:

  • Family Protection: With Aditya Birla Sun Life Investment Plans, the policyholders can secure the future of their loved ones. Mishaps like death can happen anytime. But, if you purchase a valid traditional life insurance plan, you can ensure that your family is financially safe even when you are not around.
  • Accomplish Financial Goals: Aditya Birla Investment Plans will help you achieve your financial goals such as purchasing a dream home or car, planning for your children’s education, securing your retirement, and others.
  • Customized Investment Plans: The policyholders of Aditya Birla Investment Plans can customize their investment schemes as per their individual needs. You can select from various life insurance riders and buy them with your base policy. However, you may have to pay an additional premium to buy riders.
  • Build Wealth: Besides providing protection to your loved ones, investment plans will help you create wealth. Aditya Birla Sun Life Investment Plans provides accrued earned bonuses and interim bonuses to its policyholders.

Best Aditya Birla Investment Plans 2024

A list of the top Aditya Birla Sun Life Investment Plans is highlighted in the table below:

Investment plan

Min. entry age

Max. entry age

Premium payment mode

Aditya Birla Vision Money Back Plus Plan

13 years

45 years

Yearly, Half-yearly, Quarterly, Monthly

Aditya Birla Vision LifeIncome Plan

1 year

60 years

Yearly, Half-yearly, Quarterly, Monthly

Aditya Birla Vision Endowment Plan

1 year

55 years

Yearly, Half-yearly, Quarterly, Monthly

Aditya Birla Vision LifeSecure Plan

1 year

60 years

Yearly, Half-yearly, Quarterly, Monthly

Aditya Birla Sun Life Income Assured Plan

8 years

60 years

Yearly, Half-yearly, Quarterly, Monthly

Aditya Birla Sun Life Guaranteed Future Plan

30 days

60 years

Yearly, Half-yearly, Quarterly, Monthly

Let’s find out the features and benefits of each investment plan in detail:

Aditya Birla Vision Money Back Plus Plan

It is a traditional participating life insurance plan with the following features:

  • Guaranteed liquidity - Regular payouts of a specified percentage of the Sum Assured at the end of the policy's 4th or 5th policy year.
  • Death Benefit – The Sum Assured + Accrued Regular Bonus + Terminal Bonus will be paid to the nominee.
  • Maturity Benefit — If the insured survives to the end of the policy term, he will get both the accrued and terminal bonuses. Once the maturity sum is paid, the insurance will be terminated.
  • Rider Benefit is a service that extends to insurance coverage for a minimal charge.
  • The premium paid and the claim received are both eligible for a tax credit. The premiums paid are tax-free under Section 80C of the Income Tax Act, and the claim received is tax-free under Section 10(10D) of the Income Tax Act.

Aditya Birla Vision LifeIncome Plan

It is a traditional whole-life insurance plan with the following characteristics:

  • If the insured lives to the end of the premium-paying term, the accrued bonus plus an income benefit of 5.0% of the Sum Assured + Bonus from the current policy year will be paid.
  • Death benefit equivalent to the Sum Assured + Accrued Regular Bonus + Terminal Bonus will be paid to the nominee (if any).
  • Maturity benefit including accrued and terminal bonuses is paid to the policyholder for surviving the policy tenure.
  • Select to buy from various add-on riders to enhance the coverage of your base Aditya Birla Investment Plan.
  • Avail of tax benefits for a premium paid and the claim received against your policy.

Aditya Birla Sun Life Vision Endowment Plan

It is a traditional participating life insurance plan with the following features:

  • The nominees get the sum assured along with accrued regular bonus and terminal bonus upon the death of the policyholder.
  • If the insured lives to the end of the policy term, he will receive Maturity Sum Assured+Accrued Bonus + Terminal Bonus. The traditional investment plan terminates once a life insurance company pays a maturity benefit.
  • Enhance the coverage of your policy by buying riders with your base Aditya Birla investment plan.
  • Avail of tax benefits for premiums paid and claims received under Section 80D and Section 10(10D) of the Income Tax Act respectively.

Aditya Birla Sun Life Vision LifeSecure Plan

It is a traditional participating life insurance plan with the following features:

  • Aditya Birla will pay the sum assured plus accrued regular bonus and terminal bonus to the nominee if the policyholder dies during the policy tenure.
  • In case the insured survives the policy tenure, he/she will receive the maturity sum assured including accrued and terminal bonus on the maturity date.
  • The policyholders can opt for different riders to enhance the coverage of their plan.
  • The premium paid and the claim received are both tax-deductible as per the provisions of the Income Tax Act.

Aditya Birla Sun Life Income Assured Plan

A traditional non-participating life insurance plan that provides flexibility to choose pay terms and policy terms. The plan offers the following features:

  • If the life insured dies during the policy term, the nominee receives the sum assured plus any guaranteed additions that have accrued up to the date of death.
  • A life insured will get the sum promised as well as any guaranteed additions accrued until the maturity date.
  • Premiums are tax deductible under Section 80C of the Income Tax Act, and claims received are tax deductible under Section 10 (10D).
  • Policyholders can customise their plans by adding additional riders that provide additional benefits.

Aditya Birla Sun Life Vision Endowment Plus Plan

This ABSLI Vision Endowment Plus Plan is a savings plan that can ensure financial freedom for you and your loved ones. It has the following features:

  • The following is the basic death benefit that will be paid: the beginning sum promised, plus any earned regular bonuses and, if applicable, a terminal bonus. The minimum sum assured will be 105 % of the premiums paid until death. There will also be two possibilities for the sum assured under the policy.
  • The policyholder will receive the maturity sum assured, as well as any accrued bonuses and any applicable terminal bonuses when the policy matures.
  • If the policy is surrendered after paying regular premiums for at least two to three years, it will have a surrender value equal to a percentage of the premiums paid to date plus any accrued bonuses.
  • Instead of lapse, if premiums are paid for a minimum of 2 to 3 years and then stopped, the policy will provide a reduced paid-up benefit, which reduces the value of the insurance to reflect the premiums that have been paid.

Aditya Birla Sun Life Guaranteed Future Plan

It is a non-participating traditional life insurance plan with the following features. Since its beginning, this plan has offered two options: the first gives your family the option of receiving a lump sum in your absence, and the second gives your family the option to receive guaranteed income in addition to a lump sum in your absence.

  • In the case of the death of the policyholder, the policyholder must pick between alternatives A and B while buying the policy.
  • Option A: A guaranteed death benefit plus no future premium payments are necessary, as well as a guaranteed maturity benefit at maturity.
  • Option B: Guaranteed death benefit plus no future premium payments required plus guaranteed maturity benefit at insurance maturity + guaranteed income until policy anniversary before policy term ends.
  • A guaranteed maturity benefit is the amount paid out if the policyholder survives the policy period. This maturity benefit is determined by the death benefit sum assured selected, the frequency of premium payments, the amount of premium paid, and the gender of the policyholder. On the maturity date of the policy, the guaranteed maturity benefit is paid.
  • The premium paid and the claim received are both tax-free.

Process To Buy Aditya Birla Investment Plans

The Aditya Birla Investment Plan purchasing process is smooth and easy. The policyholders can follow the below step-by-step guide to buy investment plans from Aditya Birla Sun Life Insurance:

Documents Required To Buy Aditya Birla Investment Plans

  • Address proof
  • Income proof
  • Age proof
  • Identity proof
  • Any other specifically asked by an insurance company

Steps You Need To Follow To Buy Aditya Birla Investment Plans

  • Visit the official website of Aditya Birla Sun Life Insurance.
  • Hit the “Investment plans” tab available under the “Investment section”.
  • Provide all the relevant information about yourself like name, gender, age, profession, and others.
  • Select the investment option in which you want to invest.
  • Submit all the required documents to an insurance company.
  • Pay a premium online to process your purchase.
  • The investment policy document will be shared with your registered email id.

About Aditya Birla Sun Life Insurance Company

Parameters

Details

Established in

2000

Headquarters of the company

Mumbai

Official website

www.adityabirlacapital.com

Helpline number

18002707000

Best Aditya Birla Sun Life Investment Plans

Info

It is a form of investment which gives you guaranteed returns mentioned while investing along with life coverage.

  • You Invest

    1 Lakh p.a.
    10 years
  • You GET Tax Free

    25.5 Lakh
    20 years

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