PARAKRAM – Life Insurance Solutions for Indian Defence and Armed Forces Personnel

Our Armed Forces, CAPF & police are our nation’s pride. While our soldiers continue to serve and protect our nation’s freedom, we at Aditya Birla Sun Life Insurance strive to serve them and their families in our capacity as India’s preferred Life Insurance solutions provider. Our resolve and commitment to this cause is further exemplified through the launch of PARAKRAM, an initiative dedicated towards the protection of those who protect us.

Our financial solutions are tailored to address the special needs of the uniformed fraternity and their loved ones with a unique service delivery experience, which is further enhanced by alignment of our standard operating procedures with the defence way of life, to make the whole process hassle-free for our protectors. With our offerings we wish to make a holistic difference in the lives of our uniformed guardians and to their loved ones.

Our unique proposition includes:-

• Insurance cover in war like situations & hostilities.
• Using defence medical reports for offering higher non-medical limits for defence personnel in service, basis latest AME (Annual Medical Examination) & PME (Periodic Medical Examination) reports. SHAPE classification built in as a part of the medical underwriting.
• Personalized sales & after sales service by dedicated and trained sales team mainly consisting of ESM’s and their kith & Kin.
• Ease in renewal payment through Electronic Clearance Service (ECS) / National Automated Clearing House (NACH), Direct Debit, Branch Network, and Net Banking.
• Waiver of Death Certificate in case of untimely demise in field location. Claims are processed based on the DO letter from Commanding Officer(CO)/Officer In Charge(OIC).

We are among leading life insurers with a legacy to deliver promise and great customer experience. We are a joint venture between Aditya Birla Group and Sun Life Insurance. Our wide range of affordable life insurance products for groups and individuals ensures life and financial protection, retirement, savings and investment, traditional term plan, health and more.

• 363 offices assist in buying life insurance
• 3-steps online claim process
• 79k+ direct selling agents to guide
• Simple online purchase process