ABSLI Assured FlexiSavings Plan

ABSLI Wealth Max Plan

IN THIS ULIP POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER
IN THIS ULIP POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER
Single Premium Unit-Linked Life Insurance
Flexibility to top-ups whenever you have additional savings

Thank you for your details. We will reach out to you shortly.

Thank you for your details.Currently we are facing issue in our system.

Give 10 Lakhs as single premium
Get 30.83 lakhs at maturity1.
*Please enter a valid First Name.
+91 Mobile Phone
*Please enter a valid Mobile Number.
*This field is required.

Why buy ABSLI Wealth Max Plan?

Aditya Birla Sun Life Insurance Wealth Max Plan is a single-premium unit-linked life insurance plan. It provides your family with the financial security and offers potential for better returns by investing in the market.

  • iconbullet Invest once and get benefits for full policy term
  • iconbullet Get guaranteed additions by staying invested
  • iconbullet Choice of 16 funds under Self-Managed Option
  • iconbullet Add top-ups when you have additional savings
Brochure Policy Contract

Benefits of ABSLI Wealth Max Plan

ABSLI Wealth Max Plan gives better returns and financial protection to the family

Guaranteed Additions
You are rewarded for policy continuance in the form of additional units. For more details, read the product brochure.
fullwidth
Death Benefit
Death Benefit
In the event of an unfortunate demise of the life insured (while the policy is in effect), we will pay to the nominee the higher of:

Basic Fund Value as on date of intimation of death; or
Basic Sum Assured
Besides, we will also pay the higher of:

Top-up Fund Value as on date of intimation of death; or
Top-up Sum Assured
fullwidth
Surrender Benefit
In case of emergencies, you can surrender your policy to us anytime during the policy term. Any such surrender will be treated as mentioned in Policy Discontinuance section in brochure.
fullwidth
Death Benefit
Maturity Benefits
You will receive the Basic Fund Value plus the Top-Up Fund Value as of that date at the end of the Policy Term
fullwidth

Riders

Make your plan better with rider plans and save smart.

ABSLI Accidental Death Benefit Rider Plus
ABSLI Accidental Death Benefit Rider Plus
UIN: 109C023V02
In the unfortunate event of death of the life insured due to an Accident within 180 days of occurrence of the accident, we will pay 100% of the rider sum assured to the nominee. Also, we will refund the premiums collected after the date of Accident till date of death, with interest as declared by us from time to time, along with death benefit payable.
Please refer to detailed brochures on riders, consult your financial advisor or visit our website for further details.
fullwidth

How does ABSLI Wealth Max Plan work?

  • Choose how much you want to pay and how long you want to remain invested. Your basic premium is payable only once.
  • You can choose a policy term of 5, 10, 15 or 20 years to suit your financial need. The minimum basic premium payable is `1,00,000 for a 5 and 10 year Policy Term and `2,00,000 for 15 and 20 year Policy Term. There is no upper limit on the amount you may contribute.
  • You may wish to invest additional amounts as top-up premiums anytime except during the last five years of the policy term.
  • The minimum top-up premium is `5,000 and the total top-up premiums paid cannot exceed the single basic premium paid. Top-up Sum Assured will be 125% of the top-up premium being paid.
  • Your Sum Assured2 under the plan is the total of Basic Sum Assured and Top-up Sum Assured.
  • Decide how much protection you require
    You basic sum assured depends on the basic premium you wish to invest
    Based on your insurance needs, you can choose 1.25, 5 or 10 times the basic premium as your Basic Sum Assured. The following combinations are available.

    Policy term
    (years)

    		 Minimum entry age

    		 Maximum entry age
    1.25 x SP

    		 5 x SP

    		 10 x SP
    5

    		 13

    		 70

    		 60

    		 50
    10

    		 8

    		 65

    		 55

    		 45
    15

    		 3

    		 60

    		 50

    		 40
    20

    		 30 days

    		 55

    		 45

    		 35
  • Decide where you want your premium to be invested. You have a choice to invest your money in the ‘Systematic Transfer’ Option or the ‘Self-Managed’ Option.
  • Systematic Transfer Option is for individuals who would like to eliminate the need to time one’s investments in the market.
  • Self-Managed Option is for individuals who would like to have control over their investment. The basic premium and top-up premium net of premium allocation charge will be used to purchase units in the various segregated fund/s offered under this plan and as chosen by you. The units purchased in the segregated fund is the monetary amount allocated to the segregated fund divided by its then prevailing unit price.
  • Basic Fund Value is equal to the number of units pertaining to basic premium allocated to the segregated fund/s chosen by you multiplied by its then prevailing unit price.
  • Top-up Fund Value, if any is equal to the number of units pertaining to top-up premiums allocated to the segregated fund/s chosen by you multiplied by its then prevailing unit price.
  • Policy Fund Value under this plan is the total of Basic Fund Value and Top-Up Fund Value, if any.
  • The Policy Fund Value represents the total value of your investments to date and is the balance of all units allocated to the segregated fund/s chosen by you multiplied by its then prevailing unit price
Check Your Eligibility
Before buying ABSLI Wealth Max Plan
Entry Age (age last birthday) 30 days3- 70 years, subject to minimum attained age of 18 at maturity
Policy Term 5, 10, 15, 20 years
Premium Paying Term Single Pay
Basic Premium Minimum Rs. 1,00,000 for policy term 5 & 10 years Minimum Rs. 2,00,000 for policy term 15 & 20 years
Basic Sum Assured 1.25 | 5 | 10 times the Basic Premium
Assistance to buy ULIP plan

Better returns with peace of mind

Buy ABSLI Wealth Max Plan Now.
icon Buy Online

Suicide Exclusion

In case of death due to suicide within 12 months from the date of commencement of the policy, the nominee or the beneficial of the policyholder shall be entitled to the Policy 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 Policy 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

FAQs

Where is the premium amount invested?
The basic premium and top-up premium net of premium allocation charge will be used to purchase units in the various segregated fund/s offered under the ABSLI Wealth Max Plan and as chosen by you.
The units purchased in the segregated fund is the monetary amount allocated to the segregated fund divided by its then prevailing unit price.
Can I withdraw funds partially in case there is a fund requirement?
Yes. You are allowed to make unlimited partial withdrawals any time after (a) five complete policy years or (b) life insured attaining the age of 18, whichever is later.
The minimum amount of partial withdrawal is Rs. 5,000. There is no maximum limit, but you are required to maintain a minimum Policy Fund Value of 50% of the basic premium paid plus 100% of any top-up premiums paid in the five years immediately preceding the date of withdrawal.
Does this plan offer tax benefits?
As per extant tax laws, this plan offers tax benefits* under Section 80C and Section 10(10D) of the Income Tax Act, 1961, subject to fulfilment of the other conditions of the respective sections prescribed therein.
How do I track and access my investments for this plan?
You can monitor your investments On our website (https://lifeinsurance.adityabirlasunlifeinsurance.com);
Through the semi-annual statement detailing the number of units you have in each segregated fund and their respective unit price as of the last policy anniversary; and Through the published unit prices of all segregated funds on our website as well as in the newspapers
What is Systematic Transfer Option?
The Systematic Transfer Option safeguards your wealth against the market volatilities. Under the Systematic Transfer Option, your premium (net of premium allocation charge) shall be first allocated to Liquid Plus fund option and thereafter, monthly 1/12th of the allocated amount shall be transferred to a segregated fund of your choice. You may choose any one segregated fund out of Income Advantage, Enhancer, Creator, Maximiser, Multiplier, Super 20, Value & Momentum and MNC Capped Nifty Index and Asset Allocation for your premiums to be transferred to. The transfers to your chosen segregated fund will take place monthly on 1st, 8th, 15th or 22nd of the month as selected by you. Any top-up premiums paid are invested directly into the target fund.
For example, if person A aged 35 years, opts for Systematic Transfer Option with transfers on 15th of every month to Super 20:
Premium/s net of premium allocation charges will be allocated in Liquid Plus Fund and thereafter on 15th of every month, 1/12th of initially allocated amount shall be automatically transferred to Super 20 Fund.
What is Self-Managed Option?
Self-Managed Option gives you access to our well-established suite of 16 segregated funds, complete control in how to invest your premium and full freedom to switch from one segregated fund to another.
Our 16 segregated funds range from 100% debt to 100% equity to suit your particular needs and risk appetite – Liquid Plus, Income Advantage, Assure, Protector, Builder, Enhancer, Creator, Magnifier, Maximiser, Multiplier, Super 20, Pure Equity, Value & Momentum, Capped Nifty Index, Asset Allocation and MNC. If you wish to diversify your risk, you can choose to allocate your premiums in varying proportions amongst the 16 segregated funds. We record your allocation instructions as per the premium allocation percentages specified in the application form. Our only requirement is that the percentage allocated to any segregated fund be in increments of 5%, ranging from 5% to 100%.
To meet your ever-changing investment needs, you have full flexibility to switch monies from one segregated fund to another at any time, provided the switched amount is for at least Rs.5,000.
You can change from one investment option to another investment option any time after the first policy year. You can switch to Self-Managed Option or Systematic Transfer Option during the policy term. Switching to Systematic Transfer Option is allowed only at policy anniversary.
SHOW ALL
HIDE
  • Disclaimer

    1Age 30 years healthy male, You give ₹10,00,000/- as single premium , policy term – 20 years, You get ₹30,83,011 (@8% assumed rate of return) or ₹ 12,83,391 (@4% assumed rate of return) depending on the funds(here chosen Maximiser fund: 100%). Life Cover ₹1,00,00,000, Premium Paying Term: Single Pay, Investment Option: Self Managed. Refer to policy brochure for more details."
    *Tax benefits are subject to changes in tax laws. Kindly consult your financial advisor for more details.
    This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This is a non-participating unit linked life insurance savings plan. Aditya Birla Sun Life Insurance and ABSLI Wealth Max Plan are only the names of the Company and Policy respectively and do not in any way indicate their quality, future prospects or returns. In this policy, the investment risk in investment portfolio is borne by the policyholder. The name of the funds offered in this plan does not in any way indicate their quality, future prospects or returns. The charges are guaranteed throughout the term of the policy unless specifically mentioned and subject to IRDAI approval. The value of the segregated 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. Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermedia or policy document. The various funds offered under this contract are the names of the funds and do not any way indicate the quality of these plans, their future prospects and returns. The Past performance of the Unit linked fund(s) of the company is not necessarily indicative of the future performance of any of these Unit linked fund(s). There is no guarantee or assurance of returns above the guaranteed returns from the segregated funds. 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. This brochure contains the salient features of the plan. For further details please refer to the policy contract. 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. Insurance is the subject matter of solicitation
    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. 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. Tax benefits may be available as per prevailing tax laws. For more details on risk factors, terms and conditions please read sales brochure carefully before concluding the sale.
    UIN: 109L073V05 2Sum Assured is reduced for partial withdrawals as explained in the brochure.
    3Risk commences when the life insured attains age 1
    ADV/2/23-24/3611