ABSLI Vision Star Plan
Flexibility of premium paying term and policy term
Growth of your savings through bonus accumulation
Why buy ABSLI Vision Star Plan?
-
Assurance – In case of your untimely death all the dreams for your child will still be fulfilled. No burden on your family to pay the premiums to receive the benefits as planned by you.
-
Safety to your loved ones – Comprehensive financial protection of your family depending on your choice of Sum Assured
-
Growth to your savings – Enhance your savings by accrued bonuses starting from the first policy year which continue to accrue till maturity
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Regular bonuses – ABSLI will declare simple reversionary bonuses regularly at the end of each financial year and that will be added to your policy on its policy anniversary
Benefits of ABSLI Vision Star Plan
ABSLI Vision Star Plan ensures assured payouts for financing your child’s education & securing child’s future.
• Sum Assured on Death; plus
• No premiums are required to be paid in future; plus
• Assured Payouts on the scheduled dates as explained in the Assured Payout section; plus • Bonuses accrued till policy maturity date and terminal bonus, if any, will be payable on the policy maturity date
Please refer product brochure for more details
ABSLI Vision Star Plan With Riders
Download Brochure
For further details regarding the above-mentioned riders, please refer to respective rider brochure(s) available on our website.
|
Entry Age (age last birthday) |
: |
18 – 55 years |
|
Max Maturity Age |
: |
75 years |
|
Minimum Policy Term |
: |
For Option A - 16 years (maximum of 23 years) For Option B - 14 years (maximum of 21 years) |
|
Premium Paying Term |
: |
5 - 12 years |
|
Minimum Sum Assured |
: |
Rs. 1,00,000 |
|
Premium Frequency |
: |
Annual, Semi-annual, Quarterly & Monthly |
| Entry Age : 40 years | Annualized Premium : ₹ 22,392 |
| Gender : Male | Premium Paying Term : 10 years |
| Policy Term : 21 years | Plan Option : Option A |
| Sum Assured : `2,50,000 | Payout Frequency : Biannual |
|
Policy year end |
Annualized premiums paid to date |
Death Benefit |
Assured Payout |
Death Benefit |
Maturity Benefit |
||
|
1 |
22,392 |
2,50,000 |
- |
2,50,000 |
2,50,000 |
- |
- |
|
2 |
44,785 |
2,50,000 |
- |
2,50,000 |
2,50,000 |
- |
- |
|
3 |
67,177 |
2,50,000 |
- |
2,50,000 |
2,50,000 |
- |
- |
|
4 |
89,570 |
2,50,000 |
- |
2,50,000 |
2,50,000 |
- |
- |
|
5 |
1,11,962 |
2,50,000 |
- |
2,50,000 |
2,50,000 |
- |
- |
|
6 |
1,34,355 |
2,50,000 |
- |
2,50,000 |
2,50,000 |
- |
- |
|
7 |
1,56,747 |
2,50,000 |
- |
2,50,000 |
2,50,000 |
- |
- |
|
8 |
1,79,140 |
2,50,000 |
- |
2,50,000 |
2,50,000 |
- |
- |
|
9 |
2,01,532 |
2,50,000 |
- |
2,50,000 |
2,50,000 |
- |
- |
|
10 |
2,23,925 |
2,50,000 |
- |
2,50,000 |
2,50,000 |
- |
- |
|
11 |
2,23,925 |
2,50,000 |
- |
2,50,000 |
2,50,000 |
- |
- |
|
12 |
2,23,925 |
2,50,000 |
- |
2,50,000 |
2,50,000 |
- |
- |
|
13 |
2,23,925 |
2,50,000 |
- |
2,50,000 |
2,50,000 |
- |
- |
|
14 |
2,23,925 |
2,50,000 |
- |
2,50,000 |
2,50,000 |
- |
- |
|
15 |
2,23,925 |
2,50,000 |
50,000 |
2,50,000 |
2,50,000 |
- |
- |
|
16 |
2,23,925 |
2,50,000 |
- |
2,50,000 |
2,50,000 |
- |
- |
|
17 |
2,23,925 |
2,50,000 |
50,000 |
2,50,000 |
2,50,000 |
- |
- |
|
18 |
2,23,925 |
2,50,000 |
- |
2,50,000 |
2,50,000 |
- |
- |
|
19 |
2,23,925 |
2,50,000 |
75,000 |
2,50,000 |
2,50,000 |
- |
- |
|
20 |
2,23,925 |
2,50,000 |
- |
2,50,000 |
2,50,000 |
- |
- |
|
21 |
2,23,925 |
2,50,000 |
75,000 |
2,50,000 |
2,50,000 |
42,000 |
2,41,500 |
Secure your Child`s Educational Goals
How to Claim Online?
3 quick, everything online
- Fill basic details
- Claim intimation
- Document submission
Faqs
Other Insurance Plans
Guaranteed Returns
Loan against policy for emergency situation
Flexibility of Investment Amount and Policy Term
Long term regular income for 20, 25 or 30 years
Fully Guaranteed Returns on your investment
Loyalty Additions
Whole life cover up to age 100
Short premium paying term available
Income for whole life
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
Commutation Option
Loyalty Additions
Customizable Benefits
Income Booster of 5% of the accrued amount each year
Loyalty additions
Enjoy a 10% additional benefit on total premiums paid
Inbuilt accidental death benefit
No medical tests required
Easy and convenient to buy
Comprehensive financial protection of your family
Accrued regular bonuses to augment your savings
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Disclaimer
1 ABSLI Vision Star Plan, age 30 years, male, sum assured Rs.50 lakhs, premium: Rs.934788- (including GST) premium paying term 5 years, pay frequency: annual, Assured Payout Option: Policy option B, policy term:14 years, death benefit: Rs.92,22,000 lakhs, Bonus Type: Simple Reversionary.
2Tax benefits are subject to changes in tax laws. Kindly consult your financial advisor for more details.
This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This is a traditional participating life insurance plan. All terms & conditions are guaranteed throughout the policy term, except for the bonuses which would be declared at the end of each financial year. GST and any other applicable taxes will be added (extra) to your premium and levied as per extant tax laws. Some benefits are guaranteed and some benefits are variable with bonuses based on the future performance of the participating business and economic conditions. If your policy offers guaranteed returns then these will be clearly marked "guaranteed" in the illustration table on this page. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding the sale. An extra premium may be charged as per our then existing underwriting guidelines for substandard lives, smokers or people having hazardous occupations etc. The insurance cover for the life insured (including minors) will commence on the policy issue date. For further details please refer to the policy contract. Tax benefits are subject to changes in the tax laws. For more details and clarification call your ABSLI Insurance Advisor or visit our website and see how we can help in making your dreams come true.
ADV/1/23-24/3238
