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Aditya Birla Sunlife Fixed Maturity Plan is a non-linked, non-participating endowment product providing fully guaranteed benefits as a lump-sum on maturity. ABSLI Fixed Maturity Plan is a savings vehicle that offers life insurance protection and savings advantages to protect your loved ones from financial hardship in the event of a tragic event, while also assisting you in building lump sum benefits to realize all of your goals.
ABSLI Fixed Maturity Plan is a versatile insurance plan with numerous Policy Terms & Sum Assured Multiples to meet your needs and Enhanced Maturity Benefit for higher premiums. ABSLI Fixed maturity plan has a Single Pay Option with the flexibility to choose the policy term between 5- 10 years. By offering protection advantages over the course of the policy, this plan builds a guarantee cushion for your funds, assisting in the protection of all your dreams.
Min: 8 years
Max: Option A - 60 Years
Option B - 50 Years
Min: Rs.15,000
Max: Option A - 70 Years
Option B - 60 Years
5 to 10
Single pay
The financial safety net provided by the ABSLI Fixed Maturity Plan allows you to pursue your goals carefreely. Aditya Birla Sun Life Insurance is one of the well-known companies in the insurance industry, providing insurance products like the ABSLI Fixed Maturity Plan, which provides comprehensive security for you and your loved ones. The plan includes a tonne of features and perks.
There are multiple plan benefits available for policyholders when they purchase ABSLI Fixed Maturity plan.
Compare and buy the most suitable Life Insurance Plan from the below-mentioned IRDAI-approved Life Insurance companies.
There are two plan options available under ABSLI Fixed Maturity Plan:
Calculation of premiums is essential to understand how much of maturity benefit one may of receive at the end of their policy term.
Single Premium/ Age | 30 Years | 40 Years | 50 Years | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Maturity Benefit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Rs. 2,00,000 | 2,78,600 | 2,78,600 | 2,78,600 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Rs. 5,00,000 | 6,96,750 | 6,96,750 | 6,96,750 |
Single Premium/ Age | 30 Years | 40 Years | 50 Years | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Maturity Benefit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Rs. 2,00,000 | 3,70,300 | 3,69,600 | 3,45,700 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Rs. 5,00,000 | 9,26,500 | 9,24,750 | 8,65,250 |
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The Eligibility criteria for ABSLI Fixed Maturity Plan is
Minimum entry age: 8 years
Maximum entry age: Option A - 60 Years / Option B - 50 Years
Minimum maturity age: 18 years
Maximum maturity age : Option A - 70 Years / Option B - 60 Years
Because the ABSLI Fixed Maturity Plan is a Guaranteed Endowment Plan, it offers lump sum rewards upon policy maturity. The Single Pay Option of this plan gives you the freedom to select a policy term between 5 and 10 years. The ABSLI Fixed Maturity Plan is a fantastic choice since it offers both protection benefits over the course of the policy to assist protect all your dreams, creating a financial cushion of guarantee for your money.
There is only a single-pay option available for ABSLI Fixed Maturity Plan policyholders.
Policyholders have policy term options between 5 to 10 years.
ABSLI Fixed Maturity Plan offers multiple plan benefits such as
Policyholders can avail of a minimum loan of Rs. 5,000 under ABSLI Fixed Maturity Plan and it can go up to 80% for Option A and 65% for Option B of the then applicable Surrender Value.
NRI customers can avail the benefits of the ABSLI Fixed Maturity Plan and purchase the plan.
Policyholders can avail of discounts only once while purchasing the policy.
There are two sum assured options available under ABSLI Fixed Maturity Plan
Under ABSLI Fixed Maturity Plan in case of death of the Life Insured due to suicide within 12 months from the date of commencement, the nominee of the policyholder shall be entitled to receive the total premiums paid till the date of death or surrender value available on the date of death, whichever is higher.
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Raipur
May 1, 2023
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Jaipur
December 14, 2022
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Agra
December 9, 2022
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Mumbai
July 11, 2022
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Mumbai
July 11, 2022
IndiaFirst Term Insurance company ensures that your family s needs are looked after. One of the best companies offers a term plan per your needs.
Priyanshi Deewan
Hyderabad
July 6, 2022
I recently received the claim amount of the policy that my husband had brought for us. I am glad that the company understands the needs of its customers and their families. Well done Canara HSB...
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Delhi
July 6, 2022
I bought a term plan with Canara HSBC for the protection of my family and have been satisfied with the benefits received. It is simple and easy to buy their plans.
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Chennai
July 6, 2022
I am very happy with the term plans offered by the Canara HSBC Life Insurance company. The plans offer comprehensive coverage and I am sure will support my family after my demise.
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