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Aditya Birla Sun Life Insurance Company Limited

ABSLI Platinum Gain Plan

IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER

Wealth Boosters & Loyalty Additions

Life Cover

Give ₹ 2 lakhs/ year for 10 years
Get ₹ 30.63 lakhs @ 4% or ₹ 55.05 lakhs @ 8% at maturity^{1^.}

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Why buy ABSLI Platinum Gain Plan?

ABSLI Platinum Gain Plan is a unit-linked non-participating individual life insurance plan (ULIP) that gives you risk coverage for the duration of the policy and the freedom to select from 18 fund options and 5 investment strategies, enabling you to fulfil your Life goals with total control over your savings.

Key Features:

Choice of 3 Premium Bands
Choice of Sum Assured Multiple – 7X and 10X.
Wealth Boosters and Loyalty Additions added periodically to enhance the Fund Value
Choice of 5 investment strategies and 18 funds to suit your varied investment needs.

Five Investment Strategies

Under ABSLI Platinum Gain Plan, you can choose to invest your premiums in one of the five investment strategies.
1. Systematic Transfer Investment Option is an option for individuals who would like to eliminate the need to time one’s investments in the market.
2. Return Optimiser Investment Option is an option for individuals who would like to have optimal participation in the capital markets while safeguarding their returns from any market related volatilities.
3. Self-Managed Investment Option is an option for individuals who would like to have complete control over their investment.
4. Smart Investment Option is an option for individuals who would like to take care of ever-changing financial needs as per their increasing age.
5. Life Cycle Investment Option is an option for individuals who would like to create an ideal balance between equity and debt, based on their age.

Benefits of ABSLI Platinum Gain Plan

ABSLI Platinum Gain Plan offers life cover along with the flexibility to plan finances for your goals.

Death Benefit

In case of Death of the Life Insured anytime during the Policy Term, while all due premiums under the policy have been paid, the nominee/legal heir/Policyholder will be paid the higher of:

Maturity Benefit

On survival of Life Insured up to the end of the Policy Term and provided all due premiums under the policy have been paid or is a Reduced Paid-Up Policy, We shall pay the Fund Value in a lump sum to the customer or as a structured payout using Settlement Option.

Loyalty Additions

Loyalty Additions are benefits added in the form of additional units to the policy which shall be credited only if the policy is still-in-force Loyalty Addition will be calculated as a percentage of Fund Value.
Please refer product brochure for details.

Wealth Boosters

Additional units will be allocated to your Fund starting from the end of 10th policy year and every 5 years thereafter provided the policy is either premium paying or all due premiums under the policy have been paid.
Wealth Boosters will be calculated as a percentage of Fund Value as given below.
Please refer product brochure for details.

Return of Mortalilty and Premium Allocation Charges

At the end of the Policy Term, your Fund Value will be enhanced by adding back an amount equal to the total Mortality Charges and Premium Allocation Charges which were deducted in the policy provided all due premiums have been paid.

Riders

Get Added Protection and Enhance Your Plan by Opting For Riders at a Nominal Cost

(UIN: 109A041V01)

ABSLI Comprehensive Critical Illness Rider

In the unfortunate event that the life insured is diagnosed to be suffering from critical illnesses as mentioned in the Rider brochure

UIN: 109A024V01

ABSLI Accidental Death Benefit Rider Plus

Get additional protection for accident leading to death at a nominal cost.

UIN: 109A039V01

ABSLI Waiver of Premium Rider

We will fund all the future due premiums and all the other benefits will remain unaffected. This benefit is applicable only once during the entire premium paying term.

How does ABSLI Platinum Gain Plan work?

In case the Life Insured Survives till the end of the Policy Maturity:
Mr. Sharma aged 35 years purchases ABSLI Platinum Gain Plan with Annualized Premium: Rs. 2,00,000 with premium payment mode: Annual.
He chooses Premium Payment Term: 10 years and Policy Term: 20 years
Investment Option: Self-Managed Option, Fund Chosen: Maximizer, Sum Assured Multiple: 10X, Sum Assured: Rs. 20,00,000.
Mr. Sharma survives the entire policy term.

View Illustration

In Case the Life Insured dies before Policy Maturity:
The Policy terminates on payment of Death Benefit.

View Illustration

Plan Finances For Your Life Goals

Buy ABSLI Platinum Gain Plan Now.

Buy Online

Check Your Eligibility

Product Specifications

Type of Plan

A Unit-Linked Non-Participating Individual Life Insurance Savings Plan

Coverage

All Individuals (Male | Female | Transgender)

Minimum Entry Age (age as on last birthday)

30 days*

Minimum Maturity Age (age as on last birthday)

18 years

Maximum Entry Age (age as on last birthday)

65 years

Maximum Maturity Age (age as on last birthday)

85 years

Minimum Premium

Rs. 2,00,000

Maximum Premium

No Limit (subject to Board Approved Underwriting Policy)

Minimum Sum Assured

Rs. 14,00,000

Maximum Sum Assured

No Limit (subject to Board Approved Underwriting Policy)

Premium Paying Term (PPT)

Limited Pay: 5 to 12 years
Regular Pay: 10 to 20 years

Minimum Policy Term

For Regular Pay & 5 to 9 Pay : 10 years
For 10 Pay: 11 Years
For 11 Pay: 12 Years
For 12 Pay: 13 Years

Maximum Policy Term

20 years

Premium Payment Mode

Annual | Semi-Annual | Quarterly | Monthly

Premium Bands

Band	Annualized Premium
Band 1	2,00,000 to 4,99,999
Band 2	5,00,000 to 24,99,999
Band 3	25,00,000 and above

*risk commences from the policy issue date

Suicide Exclusion

In case of death due to suicide within 12 months from the date of commencement of the policy or from the date of revival of the policy, as applicable, the nominee or the beneficiary of the Policyholder shall be entitled to the Fund Value, as available on the date of intimation of death.

Further any charges other than Fund Management Charges (FMC) recovered subsequent to the date of death shall be added back to the Fund Value as available on the date of intimation of death.

How to Claim Online?

3 quick, everything online

Fill basic details
Claim intimation
Document submission

More About Claims

Frequently Asked Questions

Know more about ABSLI Platinum Gain Plan in detail here:

What is ABSLI Platinum Gain Plan?

ABSLI Platinum Gain Plan is a unit linked, non-participating insurance plan is an exclusive product for HNI customers which combines protection and market linked return into a simple and flexible solution and provides a wide range of flexibility. Further the customers can choose from a combination of 5 investment strategies along with 18 funds (2 new fund offerings) giving you complete control over your savings.

What are modes allowed to pay premiums?

Policy premiums can be paid annually, semi-annually, quarterly or monthly. Premiums can be paid by cheque, credit card, demand draft, ECS or salary deduction (monthly mode only). For monthly mode, minimum two months premium is required upfront. ECS includes standing instruction, direct debit and other automated payment modes.

What is the Sum Assured multiple allowed under this plan?

For Regular Pay & Limited Pay options, Sum Assured multiple allowed is 7 times or 10 times the Annualized Premium is allowed under the plan. If the Sum Assured chosen is 7/10 times the Annualized Premium, the death benefit after partial withdrawals shall never be less than Annualized Premium multiplied by 7/10. The minimum Sum Assured allowed under this plan is Rs. 14,00,000. There is no maximum Sum Assured limit subject to Board Approved Underwriting Policy.

Can anyone change the Premium Payment Term during the Policy Term?

Yes, Policyholder will have the flexibility to increase or decrease the Premium Payment Term provided the policy is in-force for full Sum Assured and such increase or decrease is subject to boundary conditions of the product. Policyholder can exercise this option only after Annualized Premiums for first five policy years are paid in full

Example:
Mr. Raheja opts for ABSLI Platinum Gain Plan with Policy term of 20 years and Premium paying term of 12 years & chooses Smart Investment Option. His annual premium is Rs. 5,00,000 and premium due date is 1st of Jan every year.
Mr. Raheja in the 6th Policy year i.e. after paying 6 premiums realizes he won’t be able to pay the all 12 premiums due to financial instability (since his PPT is 12 years). He chooses to decrease his premium payment term to 8 years by opting for the Increase/Decrease in Premium Payment Term feature.

How does Return Optimiser Option work?

The Return Optimiser option enables to take advantage of the equity market at the same time protect gains from the future market volatility and creates a more stable sequencing of investment returns.

This investment strategy safeguards the returns earned on investments by shifting the returns to a more conservative fund. Thus the return on investment is safeguarded from price volatility in the equity market.

Under this option all your Annualized Premium (net of premium allocation charges) are invested in the Maximiser fund. The Maximiser fund will be tracked every day for each policyholder for a pre-determined upside movement of 10% or more over the net invested amount (net of all charges). When the gain from the Maximiser fund reaches 10% or more of the net invested amount, the amount equal to the appreciation will be transferred to the Income Advantage fund at the prevailing unit price. This ensures that gains are protected from any future market volatilities. Where the gain is less than the pre-determined upside movement of 10%, the fund value will continue to remain in the Maximiser fund and no transfers will be made to the Income Advantage fund.

Example
Suppose Mr. Raheja aged 30 years opts for Milestone Variant with the Return Optimiser option strategy. He invests premium of Rs. 2,00,000 and Policy Term of 20 years. At the end of the third policy year,

Total Premiums Paid (invested in Maximiser Fund)	Rs. 6,00,000
Less charges deducted from Maximiser Fund (Premium Allocation Charge, Mortality Charge and GST)	Rs. 87,442
Net amount lying in the Maximiser Fund (after FMC charges)	Rs. 5,12,558

Suppose the Fund Value is now Rs. 5,64,000 which is higher than 5,63,813 (i.e. 110% of the net invested amount of 5,12,558) then Rs. 51,442 (i.e. 5,64,000 – 5,12,558) will be transferred to Income Advantage Fund.
If the Fund Value is less than Rs. 5,64,000 then there will be no transfer to Income Advantage Fund.

How does Self-Managed Investment Option work

Self-Managed Option provides Policyholder full freedom and flexibility to manage investments by allocating the premiums across fund/s of their own choice in varying proportions.
Annualized Premium (net of premium allocation charge) shall be invested across 18 funds ranging from 100% Debt to 100% Equity – Liquid Plus, Income Advantage, Assure, Protector, Builder, Enhancer, Creator, Magnifier, Maximiser, Multiplier, Super 20, Pure Equity, Value & Momentum, Capped Nifty Index, Asset Allocation, MNC, ESG Fund and Small Cap Fund. Policyholder can decide on the proportion to be invested in each of these funds in increments of 1% from 5% to 100%.

Important Notes:
Policyholder has full flexibility to redirect future premiums by changing premium allocation percentages at any time. Policyholder also has full flexibility to switch monies from one fund to another at any time provided the switched amount is for at least Rs. 5,000.

How does Smart Investment Option work?

Under the Smart Investment Option, portfolio will be structured as per maturity date and risk profile (Conservative, Moderate, Aggressive). Annualized Premium (net of premium allocation charge) will be invested between the two funds – Maximiser (equity fund) and Income Advantage (debt fund) in a predetermined proportion based on the selected maturity date and risk profile (Conservative, Moderate, Aggressive). Over time the allocation is managed such that it will automatically switch from riskier assets to safer assets progressively as plan approaches maturity.

The proportion invested in Maximiser (equity fund) and Income Advantage (debt fund) will be according to the schedule given below:

Outstanding term to Maturity	Risk Profile and Exposure in % to funds
	Aggressive		Moderate		Conservative
	Maximiser	Income Advantage	Maximiser	Income Advantage	Maximiser	Income Advantage

16-20	80%	20%	60%	40%	40%	60%
8-15	65%	35%	50%	50%	30%	70%
4-7	50%	50%	25%	75%	15%	85%
0-3	20%	80%	10%	90%	5%	95%

Policyholder can change the risk profile at any time with no additional cost. All premiums paid from that point onwards will be invested in the Maximiser and Income Advantage according to new risk profile.

Important Notes
Policyholder will not have an option to redirect premiums or effect unit switches during the period this option is in force.
Policyholder may opt out of this option anytime during the Policy Term, which will then be effective from the next policy anniversary.
Post opting out, free Switches or Premium Redirection will be allowed.

Example
Mr. Raheja, aged 30 opts for ABSLI Platinum Gain Plan and chooses Smart Investment Option with Aggressive Risk Profile. His annual premium is Rs. 5,00,000, premium payment term is 10 years and policy term is 20 Years. Based on his maturity date and risk profile chosen the investment portfolio will change with time as under.:

Years to maturity	Percentage of investments in
Years to maturity	Maximiser	Income Advantage

16-20	80%	20%
8-15	65%	35%
4-7	50%	50%
0-3	20%	80%

His Fund Value on Maturity will be Rs. 1,50,56,044/- assuming returns @ 8%
Mr. Raheja age 30 opts for ABSLI Platinum Gain Plan and chooses Smart Investment Option with Moderate Risk Profile. His annual premium is Rs. 5,00,000 and Policy Term is 15 with Premium Payment Term of 10 years. Based on his maturity date and risk profile chosen the investment portfolio will change with time as under.:

Years to maturity	Percentage of investments in
Years to maturity	Maximiser	Income Advantage

16-20	80%	40%
8-15	50%	50%
4-7	25%	75%
0-3	10%	90%

His Fund Value on Maturity will be Rs. 1,04,61,396/- assuming returns @ 8%

Can Policyholder change investment strategy during the Policy Term?

Yes, Policyholder can switch between different investment strategies any time after first policy year during the policy term. Policyholder can give Us a written notice to exercise this option. Upon exercising the option to change the Investment strategy, all Instalment Premiums will be allocated per the new Investment strategy from the date of such change confirmed in writing by Us. The existing Fund Value will be allocated per the new Investment Option.

Can Policyholder change risk profile during the Policy Term?

Risk Profile Switching is applicable only under Smart Investment & Life Cycle Investment Option where the policyholder can switch to a different risk profile, free of charge, at any time during the policy term. The fund is automatically rebalanced after the Risk Profile Switch, according to the applicable percentages under the Smart Investment & Life Cycle Investment option at that time. All Annualized Premiums paid from that point onwards will be invested in Maximiser and Income Advantage based on the new risk profile.

Can Policyholder switch fund during the Policy Term?

Yes, Fund switch is allowed if Self-Managed Investment Option/Systematic Transfer Option is opted, Policyholder can choose to switch from one fund to another provided the switched amount is at least Rs. 5,000. There is no limit on the number of switches that can be exercised in a policy year and all switches are free of charge.
Important notes:-
Switches are allowed during the settlement period.
Switches are allowed in case the policy acquires reduced paid up status post lock in period.
Switches shall not be allowed during the period of discontinuance in first five years of the policy.
Switches is not available under Systematic Transfer Option when the funds are in Liquid Plus fund.

If Policyholder changes investment strategy how will premium be invested?

If Policyholder changes the investment option, existing fund value will be allocated to the new investment strategy from the date of change and all the future premiums will be allocated as per the new investment strategy.

Are loans available with the plan?

No, policy loans are not available with this plan.

Which application form is to be used for this plan?

The “Common Application Form_MAJOR” would be used for this plan. In case of minor lives, “Common Application Form_MINOR” will be used.

Can life insured and policyholder/proposer be different under this plan?

Yes, proposer/policyholder can be different from the Life Insured under the plan. In case the proposer and the life insured are different then all the proceeds for the policy will be paid to the proposer.

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Disclaimer

¹ Mr. Sharma aged 35 years purchases ABSLI Platinum Gain Plan with the following details:
Annualized Premium: Rs. 2,00,000 | Premium Payment Term: 10 years | Policy Term: 20 years | Investment Option: Self-Managed Option | Fund Chosen: Small Cap Fund | Premium Payment Mode: Annual | Sum Assured Multiple: 10X | Sum Assured: Rs. 20,00,000

This is a unit-linked non-participating individual life insurance savings plan.
This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI).
Linked Life insurance products are different from the traditional life insurance products and are subject to the risk factors.
Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to withdraw/surrender the monies invested in Linked Insurance Products completely or partially till the end of the fifth year from inception.
Aditya Birla Sun Life Insurance and ABSLI Platinum Gain Plan are only the names of the Company and Policy respectively and do not in any way indicate their quality, future prospects or returns.
The name of the funds offered in this plan does not in any indicate their quality, future prospects or returns.
The value of the fund reflects the value of the underlying investments. These investments are subject to market risks and change in fundamentals such as tax rates etc affecting the investment portfolio. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document.
The premium paid in unit linked life insurance policies are subject to investment risk associated with equity markets and the unit price of the units may go up or down based on the performance of fund and factors influencing the capital market and the policyholder is responsible for his/her decisions.
Past performance of the Unit Linked fund of the company is not necessarily indicative of the future performance of any of these Unit linked fund(s).
GST and any other applicable taxes levied as per extant tax laws shall be deducted from the premium or from the allotted units as applicable.
An extra premium may be charged as per our then existing underwriting guidelines for substandard lives, smokers or people having hazardous occupations etc.
This brochure contains only the salient features of the plan. For further details, please refer to the policy contract.
This product shall also be available for sales through online channel.
In the Unit Linked Policy, the investment risk in the investment portfolio is borne by the Policyholder.
Tax benefits may be available as per prevailing 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.
“We”, “Us”, “Our” or “the Company” or “ABSLI” means Aditya Birla Sun Life Insurance Company Limited.
“You” or “Your” means the Policyholder.
Policyholder and Life Insured can be different under this product. For other terms and conditions, request your Agent Advisor or intermediaries for giving a detailed presentation of the product before concluding the sale. Should you need any further information from us, please contact us on the below mentioned address and numbers.
UIN: 109L142V01
ADV/6/24-25/500