BSLI Group Capital Assured Traditional Plan


BSLI's Group Capital Assured Traditional Plan is a comprehensive retirement benefit solution, using which an employer can create a corpus to pay gratuity benefits to his/her employees.


It is a non-participating non-linked fund based group plan wherein an Employer, Trustee, Central and State Government, Public Sector Undertakings, Corporates, MNCs, or other groups will be the master policyholder and the employees will be the beneficiaries.

Key Features

  • Easy View value of your policy from the policy account
  • Offers guaranteed amount in policy account
  • Covers Gratuity, Leave Encashment, Post-retirement medical schemes and Superannuation
  • Make systematic investments to accumulate funds for paying retiral benefits to your employees.
  • As an employer, you can claim from the policy to pay death benefits or retiral benefits to your employee (or his/her nominee) upon his/her death or exit from the service.
  • In-built life cover of Rs. 1,000 per member for superannuation schemes and Rs. 5000 per member for other schemes.
  • Option to surrender the policy anytime and receive actual surrender proceeds at that time.
  • Earn interests on your investments, which will be declared at the end of every financial year and shall be added to your policy account.
  • Minimum Size of Group

    10 members

  • Minimum Age at Entry

    18 years (Age last birthday)

  • Maximum Age at Entry

    As per scheme rules / 70 years (Age last birthday)

  • Maximum Age at Maturity

    As per scheme rules / 70 years (Age last birthday)

  • Minimum Contribution

    Initial contribution - ₹ 50,000

    Subsequent contribution - ₹ 5,000

  • Minimum Sum Assured

    ₹ 1,000 per member for Superannuation schemes

    ₹ 5,000 per member for other schemes

  • Minimum Premium

    Corresponding to minimum sum assured

Frequently Asked Questions

  • Are the returns guaranteed under the ABSLI’s Group Capital Assured Traditional Plan?

    Yes. ABSLI’s Capital Assured Traditional Plan provides guaranteed returns where the interest on your investment is declared at the end of every financial year.

  • How much life cover will I get with this plan?

    You will get a life cover of Rs. 1,000 for each member with superannuation schemes and Rs. 5,000 per member for other schemes.

  • Can I cancel the plan after its purchase?

    Yes. You can cancel the plan anytime during the free-look period of 15 days from the date of purchase.

  • What are the surrender benefits promised under this plan?

    The Guaranteed Surrender Value is 70% of the total premiums paid minus all the payments made from the policy account in the past

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Disclaimer:

The Trade Logo “Aditya Birla Capital” Displayed Above Is Owned By ADITYA BIRLA MANAGEMENT CORPORATION PRIVATE LIMITED (Trademark Owner) And Used By ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED (ABSLI) under the License.”

This is a non-participating, non-linked, fund based group plan. The amount of Contributions less Benefits paid plus interest earned are reflected in the Policy Account value and is guaranteed at all times. ABSLI’s liability is limited to the Policy Account Value and the Sum Assured payable in case of death. BSLI reserves the right to recover levies such as the GST levied by the authorities on insurance transactions. If there be any additional levies, they too will be recovered from you. For further details please refer to the policy contract. Tax benefits mentioned herein are subject to changes in the tax laws. The amount of Contributions less Benefits paid plus interest earned are reflected in the Policy Account value and is guaranteed at all times. ABSLI’s liability is limited to the Policy Account Value and the Sum Assured payable in case of death. For more details on risk factors terms and conditions, please read the sales brochure carefully before concluding the sale.

Registered Office: One Indiabulls Centre Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. Call Centre: 1-800-270-7000 www.adityabirlasunlifeinsurance.com IRDAI Reg. No. 109 | CIN: U99999MH2000PLC128110 ADV/10/20-21/1244 UIN: 109N070V02