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Digishield Plan vs Smart Term Plan Plus

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ABSLI DigiShield Plan is a non-linked, non-participating term insurance plan offered by Aditya Birla Life Insurance Company. On opting for this plan, your family will be paid a lum sum as a death benefit, in case you pass away during the policy term. The family of the policyholder could use this amount to meet their financial needs, without disturbing their day-to-day expenses.

Aditya Birla Digishield term insurance plan comes with affordable premiums and plan variants, which makes this plan a comprehensive, wide coverage option.

Here are some key features of this plan:

why-choose
  • Inbuilt terminal illness benefit
  • Affordable premiums
  • Flexible premium paying term
  • Tax benefit
  • Rider protection
  • Multiple options to receive the death benefit
PLAN DETAILS

Digishield Plan


Smart Term Plan Plus

Premium Including GST
Key Features
(Key features of the plan)
  • Large Sum Insured
  • Many Plan Options
  • Affordable Premium
  • 7 Plan Options
  • Cover Continuance Benefit
  • Inbuilt Terminal Illness Cover
Plan Maturity age Maximum Maturity Age - 85 years Maximum maturity age- 100 years
Plan Sum Assured Base sum assured: 30 Lacs to no limit. Base sum assured- Rs 25 lakhs to No limit
Plan Entry Age Minimum Age - 18 years Maximum Age - 65 years Minimum Age - 18 years Maximum Age - 65 years
Plan Payment modes Annual, half-yearly, quarterly & monthly Yearly, half-yearly, quarterly, and monthly
Plan Policy loan The policy loan is not available under ABSLI Digishield Plan. Policy loan is not available
Plan Sample Premium Rs 603-/ per month Rs 586/- per month
Plan Brochure Brochure URL Brochure URL
Policy Term Minimum term - 5 years Maximum term - 40 years Minimum policy term- 5 years, Maximum policy term- 82 years
Claim Settlement Ratio (2024-25) 98.65 99.65

* 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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