Aditya Birla Sun Life Insurance Company Limited

ABSLI SecurePlus Plan

Protecting and Prioritizing your family`s short-term goals with flexibility.

Guaranteed² Income

Loyalty Additions

Give ₹50 K/year for 12 years
Get ₹1.95 lakh/year for 6 years³

Why buy ABSLI SecurePlus Plan?

Aditya Birla Sun Life Insurance SecurePlus Plan helps keep your income at pace with your needs and goals that secures your financial future.

Key Features

Guaranteed² Income: Get regular flow of guaranteed² income for your chosen Benefit Payout Period to safeguard your savings.

Loyalty Additions: Loyalty Additions as an additional boost to your Income Benefit pay-out.

Commutation Option: Flexibility to receive a discounted value of future survival benefits as a lump sum based on your needs.

Customizable Benefits: Option to enhance your insurance cover through riders, which are available at a nominal extra cost.

Brochure Leaflet Policy Contract

Benefits of ABSLI SecurePlus Plan

ABSLI Assured Income Plus benefits you with guaranteed² regular income for the long term in future.

Tax Benefit

You may be entitled to certain applicable tax benefits on the premiums paid and benefits received under Your Policy. Please note that all the tax benefits are subject to tax laws prevailing at the time of payment of premium or receipt of benefits by you. It is advisable to seek an independent tax advice.

Death Benefit

In case of death of the Life Insured anytime during the Policy Term, provided the Policy is in-force and not under Lapsed or Reduced Paid Up mode, We will pay the “Sum Assured on Death” to Your nominee/beneficiary:

Enhance ABSLI SecurePlus Plan with Riders

Enhance your cover with Riders at nominal additional premium.

ABSLI Accidental Death Benefit Rider Plus

(UIN: 109B023V02)

This rider provides 100% of Rider Sum Assured as an additional lump sum amount in case of death due to accident of Life Insured. Additionally, the rider premiums collected aﬅer the date of Accident till date of death, shall be refunded with interest, along with death benefit payable. This rider is only applicable for a Life Insured aged 18 years & above and the rider policy term cannot exceed the base policy term.

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ABSLI Critical Illness Rider

(UIN: 109B019V03)

This rider provides lump sum on survival of 30 days from the date of diagnosis of any of the specified critical illnesses. This rider is only applicable for a Life Insured aged 18 years and above and the rider policy term cannot exceed the base policy term.

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ABSLI Hospital Care Rider

(UIN: 109B016V03)

This provides daily cash benefit in case of hospitalization for a minimum period of 24 hours for medically necessary treatment of any Illness or Injury payable from the first day for the duration of hospitalization. This rider is only applicable for a Life Insured aged 18 years and above and the rider policy term cannot exceed the base policy term.

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How does ABSLI SecurePlus Plan Work?

Use Case 1

Use Case 2

He chooses to receive his Income Benefit annually. His Sum Assured is Rs 12,50,000.

Mr. Sharma survives through the Policy Term and receives Income Benefits throughout the Benefit Payout Period.

He opts for 12 years Premium Payment Term with 13 years Policy Term and 12 years of Benefit Payout Period.

Mr. Sharma aged 35 years invested ₹1,00,000 per annum in ABSLI SecurePlus Plan

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Product Specifications

Type of Plan

A Non-Linked Non-Participating Individual Life Insurance Savings Plan

Coverage

All Individuals (Male | Female | Transgender)

Age of the Life Insured at Entry (age as on last birthday)

Minimum

1* year

* In case the Life Insured is a minor, the Policy will automatically vest once the life insured attains the age of majority. The risk coverage for the minors will start from the policy issue date.

Maximum

60 years

Maturity Age of the Life Insured (age as on last birthday)

Minimum

18 years

Maximum

77 years

Premium Payment Term (PPT), Policy Term (PT) and Benefit Payout Period

Premium Payment Term (PPT)	Policy Term (PT)	Benefit Payout Period
6 years	6/7/8/9/10/11 years	6/8/10/12 years
8 years	8/9/10/11/12/13 years	6/8/10/12 years
10 years	10/11/12/13/14/15 years	6/8/10/12 years
12 years	12/13/14/15/16/17 years	6/8/10/12 years

Note:-

The PPT and PT once chosen at policy inception, cannot be changed thereafter.
The Benefit Payout Period commences after the end of the Policy Term, during which the Survival Benefit is payable to the Policyholder. It is chosen at policy inception and cannot be changed thereafter.

Premium Payment Frequency and Modal Factors

Annual | Semi-Annual | Quarterly | Monthly

Mode	Annual	Semi-annual	Quarterly	Monthly
Modal Factors	0.0%	3.5%	5.0%	6.0%

Minimum Annualized Premium

Rs. 50,000

Maximum Annualized Premium

No Limit (subject to Board Approved Underwriting Policy)

Minimum Sum Assured

Rs 3,50,000

Maximum Sum Assured

No Limit (subject to Board Approved Underwriting Policy)

Premium bands

The benefits under this product vary by premium bands as mentioned below:

Premium Bands

Band 1

Band 2

Band 3

Band 4

Band 5

Band 6

Annualized Premium

(in Rs.)

50,000 to 74,999

75,000 to 1,49,999

1,50,000 to 2,99,999

3,00,000 to 4,99,999

5,00,000 to 24,99,999

25,00,000+

What’s not Covered?

Suicide Exclusion

If the Life Insured dies by suicide within 12 months of the effective date of commencement of risk or the date of revival of policy, the policy shall terminate immediately. In such cases, the Company shall pay higher of Surrender Value or (Total Premiums Paid plus underwriting extra premiums paid plus loadings for modal premiums paid excluding applicable taxes) in case the policy has acquired a Surrender Value; or Total premiums Paid plus underwriting extra premiums paid plus loadings for modal premiums paid excluding applicable taxes in case the policy has not acquired a Surrender Value.

How to initiate Claim?

3 quick steps, everything online.

Fill basic details

Claim intimation

Document submission

More About Claims

SecurePlus Plan FAQs

Know more about ABSLI SecurePlus Plan in detail here:

Key features of ABSLI SecurePlus Plan are:

Guaranteed² Income: Regular flow of guaranteed² income for the chosen Benefit Payout Period to safeguard savings.
Loyalty Additions: Loyalty Additions as an additional boost to the Income Benefit pay-out.
Commutation Option: Flexibility to receive a discounted value of future survival benefits as a lump sum based on ones needs.
Customizable Benefits: Option to enhance the insurance cover through riders, which are available at a nominal extra cost.-

Anyone meeting the following criteria is eligible for ABSLI SecurePlus Plan:

Age at entry: 1 to 60 years (age last birthday)

ABSLI SecurePlus Plan has a maximum maturity age of 77 years.

The minimum Sum Assured is Rs. 3,50,000. There is no limit on the maximum Sum Assured, however it is subject to the Board Approved Underwriting Policy.

The Premium Payment Term, Policy Term & Benefit Payout Period applicable is as follows:

Premium Payment Term (PPT)	Policy Term (PT)	Benefit Payout Period
6 years	6, 7, 8, 9, 10, 11 years	6, 8, 10, 12 years
8 years	8, 9, 10, 11, 12, 13 years	6, 8, 10, 12 years
10 years	10, 11, 12, 13, 14, 15 years	6, 8, 10, 12 years
12 years	12, 13, 14, 15, 16, 17 years	6, 8, 10, 12 years

Other Insurance Plans

ABSLI Fixed Maturity Plan

ABSLI Fixed Maturity Plan is a life insurance savings plan which gives you a financial guarantee to fulfil your dreams while providing you with a life cover which safeguards your family in case of an eventuality.

Guaranteed Returns
Loan against policy for emergency situation
Flexibility of Investment Amount and Policy Term

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ABSLI Assured Income Plus

Aditya Birla Sun Life Insurance Assured Income Plus provides the benefit of life insurance cover during the Policy Term and guaranteed income for 20, 25 or 30 years to ensure fulfilment of your family’s long term goals and aspirations.

Long term regular income for 20, 25 or 30 years
Fully Guaranteed Returns on your investment
Loyalty Additions

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ABSLI Vision LifeIncome Plan

ABSLI Vision LifeIncome Plan is a traditional participating whole life insurance plan which oﬀers a perfect blend of regular income and ﬁnancial protection for your family in your absence.

Whole life cover up to age 100
Short premium paying term available
Income for whole life

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ABSLI Vision LifeIncome Plus Plan

Aditya Birla Sun Life Insurance Vision LifeIncome Plus Plan provides the benefit of a comprehensive life insurance cover for a lifetime, up to a maximum of age 100 along with a guaranteed regular income.

Life cover up to a maximum of age 100
Option to enhance your insurance cover through riders
Option to get cash-in-hand even while paying premiums

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ABSLI SecurePlus Plan

In today’s times of financial instability, there is a risk of your income not keeping pace with your needs and goals. Aditya Birla Sun Life Insurance SecurePlus Plan recognises such needs and provides you with a second income which secures your financial future.

Commutation Option
Loyalty Additions
Customizable Benefits

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ABSLI Assured FlexiSavings Plan

ABSLI Assured FlexiSavings Plan offers guaranteed returns to help achieve your financial goals and the flexibility to access your corpus through unlimited withdrawals.

Income Booster of 5% of the accrued amount each year
Loyalty additions
Enjoy a 10% additional benefit on total premiums paid

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¹Tax benefits are subject to changes in the tax laws. You are advised to consult your tax advisor for the same.
²Provided all due premiums are paid
³ABSLI SecurePlus Plan, Healthy male age: 21 years. Premium Payment Term 12 years, Annual Premium Rs.50,000/-,policy term 15 years, Payment Frequency: Annually, benefit payout period: 6 years, Get Income Benefit of Rs.1,30,600/- +Loyalty Additions of Rs.65,300= Regular Income of Rs.1,95,900 p.a for 6 years.
This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This is a non-linked non-participating individual life insurance savings plan. All terms & conditions are guaranteed throughout the policy term. GST will be added (extra) to your premium and levied as per extant tax laws. An extra premium may be charged as per our then existing underwriting guidelines for substandard lives, smokers or people having hazardous occupations, etc.
UIN: 109N102V10
ADV/5/24-25/343

ABSLI SecurePlus Plan

Give ₹50 K/year for 12 years
Get ₹1.95 lakh/year for 6 years³

Why buy ABSLI SecurePlus Plan?