Enjoy Zero Charges on All Commonly Used Savings Account Services
Login to the new experience with best features and services
Login to the new experience with best features and services
Customer care hotlineCall 1800 10 888
Product Specifications | ||||||||||||||||||||||||||||||||||
Type of Plan | A Non-Linked Non-Participating Individual Savings Life Insurance Plan | |||||||||||||||||||||||||||||||||
Coverage | All Individuals (Male | Female | Transgender) | |||||||||||||||||||||||||||||||||
Age of the Life Insured at Entry (age as on last birthday) | Minimum | Long Term Income: 30 days* Whole Life Income: 30 years * In case the Life Insured is a minor, the Policy will automatically vest once the life insured attains the age of majority. The risk coverage for the minors will start from the Date of Commencement of Risk. | ||||||||||||||||||||||||||||||||
Maximum | 55 years | |||||||||||||||||||||||||||||||||
Maturity Age of the Life Insured (age as on last birthday) | Minimum | 18 years | ||||||||||||||||||||||||||||||||
Maximum | Long Term Income: 85 years (age last birthday) Whole Life Income: 100 years (age last birthday) | |||||||||||||||||||||||||||||||||
Premium Payment Term (PPT) & Policy Term (PT) |
|
|||||||||||||||||||||||||||||||||
Premium Payment Modes and Modal Factors | Annual | Semi-Annual | Quarterly | Monthly
|
|||||||||||||||||||||||||||||||||
Minimum Annualized Premium | Income Only Benefit
|
|||||||||||||||||||||||||||||||||
Maximum Annualized Premium | No Limit (subject to Board Approved Underwriting Policy) | |||||||||||||||||||||||||||||||||
Minimum Sum Assured | Rs. 2,10,000 | |||||||||||||||||||||||||||||||||
Maximum Sum Assured | Subject to Board Approved Underwriting Policy | |||||||||||||||||||||||||||||||||
Premium bands | The benefits under this product vary by premium bands as mentioned below:
|
|||||||||||||||||||||||||||||||||
Benefit Options | ABSLI Nishchit Aayush Plan provides you the flexibility to customize Your regular income requirements as per Your goals, Step 1: Choose Your Benefit Option
|
|||||||||||||||||||||||||||||||||
Benefit Payout Frequency | You can choose to receive income benefit in annual or semi-annual or quarterly or monthly frequency. Income will be paid at the end of chosen frequency as opted by you. |