Life Insurance Products

Protection Plan

ABSLI Income Shield Plan

Synopsis:

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This provides the financial support needed to protect your loved ones even in case of death or other unforeseen circumstances. It ensures that the family continues to earn the same monthly salary or income necessary to enjoy the same lifestyle as earlier. Give your family the shield they deserve to protect their dreams

Features

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  • Complete financial protection at an affordable cost
  • 4 plan options to suit your protection needs
  • EVA benefit – a benefit exclusive for females
  • Flexible Premium Paying Terms & Income Benefit Term
  • Enhance your insurance with appropriate rider option

Benefits:

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  • Death Benefit:
    In the event of death of the life insured during the policy term, monthly income depending on the chosen plan option will be paid to the nominee over the Income Benefit Term.
  • Eva Benefit:
    A benefit exclusively for women where we ensure freedom from paying premiums for a year incase the life insured delivers a baby during the policy term.
  • Reduced Paid-Up Benefits:
    For Regular Pay:Not applicable
    For Limited Pay:If you discontinue paying premiums after having paid premiums for at least four full years, your policy will not lapse but will continue on a Reduced Paid –Up basis.

Eligibility:

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Entry Age (age last birthday): 18 – 50 Years
Maximum Maturity Age: 75 Years
Premium Paying Term (PPT): Regular Pay Limited Pay – 6 | 10 Years
Policy Term: 10 – 40 Years
Income Benefit Term: 10 – 20 Years
Sum Assured: Minimum – Rs.500,000 | Maximum – No Limit
Pay Mode: Annual, Half-yearly, Quarterly & Monthly

Investment Advisory - Number of Complaints for the month of December 2020

All the beginning of the month Received during the month of December2020 - NIL Resolved during the month of December 2020 - NIL Pending at the end of the month - NIL Resons for pendancy
NIL NIL NIL NIL NIL

Disclosure as per Securities and Exchange Board of India ( Investment Advisors ) Regulations, 2013