Absli Life Shield Plan vs Max Life Term Insurance Smart Secure Plus Plan Term Insurance Plan 2026 | PolicyX

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The Aditya Birla Sun Life Shield Plan is an online term insurance policy offering 8 flexible options, including Level Term, Increasing Term (with annual sum insured growth at no extra cost), and Return of Premium. Policyholders can customize their coverag
PLAN DETAILS

Absli Life Shield Plan

Max Life Term Insurance Smart Secure Plus Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Avail 8 Plan Options
  • Flexible Premium Payment
  • Cover for Spouse
  • 100% return of premium
  • Loyalty Discount of 5%
  • Increase your Sum Assured
Plan Maturity age Maximum Maturity Age: 85 years -
Plan Sum Assured Base Sum Assured: 25 Lacs to no limit 20 Lakhs rupees
Plan Entry Age Minimum Age: 1 year, Maximum Age: 65 years 18 years
Plan Payment modes Annual, half-yearly, quarterly & monthly 20 lakh to no limit
Plan Policy loan The policy loan is not available under ABSLI Life Shield Plan. -
Plan Sample Premium Rs 541-/ per month -
Plan Brochure Brochure URL Brochure URL
Policy Term Minimum term: 10 years, Maximum term: 55 years 10 to 67 years
Claim Settlement Ratio (2024-25) 98.65 99.78
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* 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.

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