PLAN DETAILS |
![]() Absli Life Shield Plan |
![]() Hdfc Life Click 2 Protect Elite |
Premium Including GST | ||
Key Features (Key features of the plan) |
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Plan Maturity age | Maximum Maturity Age - 85 years | Maximum Maturity Age - 45 years |
Plan Sum Assured | Base sum assured: 25 Lacs to no limit. | Base sum assured: 2 Crores to No Limit |
Plan Entry Age | Minimum Age - 1 years Maximum Age - 65 years | Minimum Age - 18 years Maximum Age - 45 years |
Plan Payment modes | Annual, half-yearly, quarterly & monthly | Monthly, Quarterly, and Half-yearly and Yearly |
Plan Policy loan | The policy loan is not available under ABSLI Life Shield Plan. | The policy loan is available under HDFC Life Click 2 Protect Elite Plan |
Plan Sample Premium | Rs 541-/ per month | Rs 671/- per month |
Plan Brochure | Brochure URL | Brochure URL |
Policy Term | Minimum term - 10 years Maximum term - 55 years | 15 to 40 Years |
Claim Settlement Ratio (2023-24) | 98.12 | 99.7 |
* 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.
ABSLI Life Shield plan (Aditya Birla Life Shield Plan) is a versatile and online available term insurance product. The plan is an affordable term insurance plan with a high life cover and 8 different plan options to suit your requirements.
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:
You can add the following riders to your ABSLI Life Shield Plan:
This rider offers additional protection for accidents leading to death and disability at an affordable cost.
This rider offers a lumpsum amount in case of diagnosis of any of the listed critical illnesses.
This rider offers a lumpsum amount to cover surgical expenses.
Trouble connecting with an insurance company?
Contact PolicyX.comCall at our toll-free number 1800-4200-269Email: helpdesk@policyx.com
We are happy to help.
With 9 years of progressive experience in the insurance industry, including 7 years at Policy X, I have honed my expertise in Life and Health Insurance. My strengths lie in devising customer-centric solutions, streamlining insurance processes, and delivering exceptional service. I have successfully led high-performing teams, excelling in business planning, manpower management, and strategic decision-making.