Birla Sun Life Insurance Company Limited (Birla Sun Life Insurance / BSLI) is a joint venture between the renowned business house of India, the Aditya Birla Group, and Canada’s esteemed international financial services organization, the Sun Life Financial Inc. BSLI offers a diversified product bouquet consisting of a wide range of solutions spanning wealth creation, life coverage, children’s future, retirement planning, health & wellness, and much more. With over 550 offices located across the length & breadth of the country, this insurer has a customer base of 2 and a half million, an advisory network of 1,05,000, and over 100 business & distribution partnerships.
Features:
Band | Premium Rebate per 1000 of Sum Assured |
1 | Nil |
2 | 1.00 |
3 | 5.00 |
4 | 7.00 |
Option A | ||||
X + 5 | X + 7 | X + 9 | X + 11 | |
%age of Sum Assured | 20 | 20 | 30 | 30 |
Option B | |||||
X + 5 | X + 6 | X + 7 | X + 8 | X + 9 | |
%age of Sum Assured | 15 | 15 | 20 | 20 | 30 |
Entry Age (age on last birthday) | Minimum: 18 | Maximum: 55 years |
Maximum Maturity Age | 75 years |
Policy Term | : For Option A : Minimum: 16 years | Maximum : 23 years For Option B: Minimum: 14 years | Maximum : 21 years |
Premium Paying Term | Minimum: 5 years | Maximum: 12 years |
Minimum Sum Assured | Rs. 100,000 |
Premium Frequency | Annual, Semi-annual, Quarterly & Monthly |
Riders are not available under this plan.