Birla Sun Life Insurance Co. Ltd. or ABSLI is considered one of India's most reliable life insurance organizations. It's a joint venture between the Aditya Birla Group, a well known Indian conglomerate and Sun Life Financial Inc, one of the leading international financial services organizations from Canada.
With an experience of over a decade, ABSLI has contributed to the growth and development of the Indian life insurance industry and currently is one of the leading life insurance companies in the country. It ranked among the top life insurance companies of India. ABSLI is one of India's best life insurance companies which provides a wide range of products across the customer's life, including children future plans, wealth protection plans, retirement and pension solutions, health plans, traditional term plans, and Unit Linked Insurance Plans (ULIPs).
Following are the advantages of selecting the Birla Sun Life’s wealth with protection plans
A number of the plans under Birla Sun Life’s wealth with protection are the unit-linked plan that assists you to make investments.
These plans make sure that you gain your monetary desires through choosing an alternative of funding that provides various benefits.
These plans provide an economic safety in your family with the help of entire life cover.
You get a whole lot of funding options to pick from to make investments.
These savings and funding plans help you in leading a decent life and ensure that you have a risk free future.
These plans will assist you in preserving an awesome stability among your triumphing economic problems and your family’s protection in the future.
ABSLI Wealth Max Plan: It safeguards your wealth against the market volatilities and averages out the risks associated with the equity market. Under this option, you get access to a well-established suite of 11 segregated funds, complete control on how to invest your premiums.
ABSLI Wealth Secure Plan: It allows you to manage and administer your investment portfolio on your behalf and according to your risk profile. With this investment option, you can systematically participate and eliminate the need to time your investments into the market.
ABSLI Wealth Assure Plan: Upon the unfortunate demise of the life insured prior to maturity, ABSLI will pay to the nominee the Basic Sum Assured plus the Basic Fund Value as on the date of intimation of death. In addition, ABSLI will also pay the top-up sum assured plus the top-up fund value as on the date of intimation of death.
ABSLI Fortune Elite Plan: In case of emergencies, you can surrender your policy to us anytime during the policy term. Any such surrender will be treated according to the complete withdrawal as mentioned in the policy discontinuance section.
ABSLI Wealth Aspire Plan: In the unfortunate event the life insured dies while the policy is in effect, ABSLI will pay immediately to the nominee the basic sum assured plus top-up sum assured, if any. The death benefit shall never be less than 105% of total premiums paid to date (excluding GST).
ABSLI offers you a fast and hassle-free claim process. In a few steps, you can register your claim online. For online claim intimation, you need to sign up your insurance policy and date of birth. You could intimate the enterprise regarding your claims through the following approaches.
Files required: Documents in case of loss of life claim:
Replica of death certificates duly attested by the authorized person in the department
Authentic insurance record
Claimant's claim form
Medical Attendant's certificates
Company's certificates, if applicable
Copies of medical reviews of closing and former hospitalizations, if any
Some other requirement as warranted via the facts of the claim
Files in case of unintentional death :
First information file
Post Mortem file
Police Inquest file
Newspaper Cuttings, if any
Claim selection: In case of claim statement, the payment is made to the beneficiary via NEFT. In case of rejection, the beneficiary will get the reason on which the claim is rejected.
You can take a loan in opposition to your policy. Please refer your document for information about minimum and maximum mortgage.
Your policy documents might be dispatched to your registered mobile number and e-mail identity.