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^ - ABSLI Nishchit Aayush Plan (UIN No 109N137V05), Provided 0 year deferment & monthly income frequency is chosen at the time of inception of the policy. ADV/8/23-24/1409
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I agree to the Terms of Usage and Privacy Policy. By submitting my contact details here, I override my NDNC registration and authorize ABSLI to contact me by phone/e-mail/SMS/WhatsApp. 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. BEWARE OF SPURIOUS / FRAUD PHONE CALLS! IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint. ABSLI Nishchit Aayush is a non-linked non-participating individual savings life insurance plan (UIN No 109N137V05)

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Insured

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Definition:
Insured refers to a generic term that indicates any entity or a person who will receive the benefit under the insurance policy after the occurrence of loss. The claim is paid to benefit the insured against the financial losses suffered.
Description:
In a life insurance policy, a person is the insured who will get financial benefit on maturity on the survival of the policy term. If the insured passes away during the policy term, the nominee of the insured (declared at the inception of the policy) will receive the sum assured as the death benefit.

Insured can be either the same or different person from the policyholder but the benefits are paid to the insured only. Insured is the person whose financial interest is protected by the insurance policy.
Example:
Pulkit bought a savings plan to create a huge fund for his retirement years. After paying the premium for several years, Pulkit survived the policy term. At the maturity of the policy, Pulkit received sum assured +loyalty additions +accrued bonuses as he was the insured under the policy.
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Buy ₹1 Crore Term Cover @ @Rs.492/month for Salaried Individuals¹
Buy Online
ABSLI Fixed Maturity Plan
Give ₹ 1.5 Lakhs once & Get ₹ 2.74 Lakhs at maturity^
ABSLI Fixed Maturity Plan
Guaranteed Maturity
ABSLI Fixed Maturity Plan
Tax Benefits²
ABSLI Fixed Maturity Plan
Single Premium
ABSLI Fixed Maturity Plan
Life Cover
Give:
₹ 1.5 Lakhs
Get:
₹2.74 Lakhs at maturity^
  • Disclaimer

    2Tax benefits are subject to changes in tax laws. Kindly consult your financial advisor for more details.
    ^ ABSLI Fixed Maturity Plan: Scenario: Rs. 1,50,000 Single Premium (exclusive of GST), Male, Age 32, Plan Option A, Policy Term : 10 years. Maturity Benefit: ₹274,575.
    ABSLI Fixed Maturity Plan is a Non- Linked Non- Participating Individual Savings Life Insurance Plan (UIN: 109N135V04)
    ADV/5/22-23/291