Overview
Aditya Birla Sun Life Insurance (ABSLI) Anmol Suraksha Kawach is a short-term term insurance plan that provides life coverage from ₹50 lakh to ₹2 crore for a policy term of 2 to 5 years. The plan is affordable, has a simple buying process, and offers a single premium payment option with surrender value benefits according to its policy terms.
The plan covers transgender individuals. Customers who choose a single premium payment option can surrender the policy and acquire a surrender value as mentioned in the plan.
Key Benefits of Aditya Birla Anmol Suraksha Kawach Plan
- Convenient premium payments
- Short-term life cover
- Hassle-free buying process
- Tax benefits
- Accidental Death Benefit
High Life Cover
The plan offers guaranteed high life cover with a lump sum payout.
Accidental Death Cover
The plan covers accidental death in exchange for additional premiums.
Flexible Premium Payment
Flexible premium payment terms allow you to pay a premium once, for a limited period, or throughout the policy term.
Comprehensive Coverage
The plan offers comprehensive coverage at affordable premiums with easy-to-understand features.
Benefits
Death Benefit
In the event of the policyholder's unfortunate death during the policy term, 100% of the death benefit payout shall be payable as a lump sum to the nominee.
Cancellation Benefit
If you decide not to continue the plan, you can surrender your policy and receive a cancellation value.
Optional Riders
An Accidental Death Benefit rider is an optional feature that can enhance your base cover. This rider covers you against accidental death in exchange for additional premiums.
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