Absli Life Shield Plan vs Bharti Axa Saral Jeevan Bima Term Insurance Plan 2026 | PolicyX

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Aditya Birla Sun Life Shield Plan is an online term insurance policy designed to provide comprehensive protection with its 8 plan options. The plan allows you to select the combination of payout type, protecttion and payment term that suits your goals.

One of the many benefits of the plan is the ability to increase your sum insured at major life stages such as marriage, the birth of your child, and other such major life events.

Here are some key features of this plan:

  • Level Term Insurance
  • Increasing Term Insurance
  • Return of Premium
  • Decreasing Term Assurance
  • Tax Benefits
  • Increasing Term Assurance with Waiver of Premium (WOP)

 

PLAN DETAILS

Absli Life Shield Plan

Bharti Axa Saral Jeevan Bima

Premium Including GST
Key Features
(Key features of the plan)
  • Avail 8 Plan Options
  • Flexible-Premium Payment
  • Cover for Spouse
  • Flexible Premium Payment Term
  • Special Rates for Females
  • Get Surrender Benefit
Plan Maturity age Maximum Maturity Age - 85 years Maximum Maturity Age - 70 years
Plan Sum Assured Base sum assured: 25 Lacs to no limit. Basic Sum Assured: ₹5 Lakhs to ₹50 Lakhs
Plan Entry Age Minimum Age - 1 years Maximum Age - 65 years Minimum Age - 18 years Maximum Age - 65 years
Plan Payment modes Annual, half-yearly, quarterly & monthly Annual, Semi-Annual, and Monthly
Plan Policy loan The policy loan is not available under ABSLI Life Shield Plan. The policy loan is not available under Bharti AXA Life Saral Jeevan Bima.
Plan Sample Premium Rs 541-/ per month Rs 580-/ per month
Plan Brochure Brochure URL Brochure URL
Policy Term Minimum term - 10 years Maximum term - 55 years Minimum term - 5 years Maximum term - 40 years
Claim Settlement Ratio (2024-25) 98.65 99.18%
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Bharti AXA Term Insurance Plans

Bharti AXA Term Insurance Plans

* The above sample premiums are for a 30-year-old male, nonsmoker with a sum assured of Rs 50 lakhs and a policy tenure of 25 years. You can calculate the premiums for the above term insurance plans using the PolicyX Term Insurance Calculator.

Riders

Riders Associated with ABSLI Life Shield Plan

You can add the following riders to your ABSLI Life Shield Plan:

ABSLI ADD (Accidental Death and Disability)

This rider offers additional protection for accidents leading to death and disability at an affordable cost.

ABSLI Critical Illness Rider

This rider offers a lumpsum amount in case of diagnosis of any of the listed critical illnesses.

ABSLI Surgical Care Rider

This rider offers a lumpsum amount to cover surgical expenses.

Other Term Insurance Companies

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