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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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Maturity Claims

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Definition:
The claim for which a policyholder/life insured can apply for after surviving the complete policy term is called maturity claim.
Description:
The life insured after surviving the complete policy term has to file a claim to the insurance company to get the maturity benefit. The maturity claim can be filed at the end of the policy term.

The life insured has to file for the claim along with the documents like original policy documents. After the verification of the documents, the insurance company will process the claim and make the payment to the policyholder. The proceeds of the maturity claim will be directly credited to the policyholder’s account once the policy matures. A policyholder will have to file with these documents like the policy discharge form, original policy document, identity card, age proof, proof of bank details and cancelled cheque.

Example:
Sumit took an endowment plan with a policy term of 15 years. After the completion of the policy term, Sumit survived and was eligible to file the maturity claim. The Life Insurance company verified all the documents that Sumit submitted. His maturity claim was passed once the insurer approved it.
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Give ₹1.5 Lakhs once & Get ₹2.74 Lakhs at Maturity^

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Buy ₹1 Crore Term Cover @ @Rs.492/month for Salaried Individuals¹
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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

    2 Tax 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/8/22-23/1072