25 years leap 63rd Founders Day 72nd Independence Day Aakriti Sharma Aapki Nazron Ne Samjha Aashim Gulati Abeer Soofi Abhaar: Hamare CT Parivar Ke Naam Abhishek Verma ABO Incompatible Kidney Transplantation Abracadabra - The Mystery 2019 Adbhut Ganesh Utsav Addite Malik Aditya Birla Sun Life Insurance AIROSTRONG fans Akash Sharma Akshay Kelkar Aladdin Naam Toh Suna Hoga Aladdin: Naam Toh Suna Hoga Ali Alia Bhatt Alka Yagnik Aman Dhaliwal American Oncology Institute Americana XOXO Chocolate Crème Americana XOXO Orange Crème Amitabh Bachchan Amma Ke Babu Ki Babys Ammy Virk Amrita Jha Amritsar And TV And-TV Andaaz Angad Bedi Anil Kapoor Anjali Anand Anju Mahendru Ankitta Sharma Annual Function Annual Parents Thanksgiving Anu Wahi Anuja Joshi Anuradha Sarin Anusha Mishra Anushka Sharma App Arshi Khan Aruna Irani Arvind Ganpat Sawant Ashim Gulati Ashnoor Kaur Ashwini Kumar Asian Games ASISC Aster CMI Hospital Aster RV Hospital Atlassian Avneet Kaur Baadshah Baalveer Returns Baggit Bangalore Basant Panchami BCM School Beauty Benelli India Bengaluru Best Innovative Bhakharwadi Bhandasur Bharti Foundation Bharti Singh Binnu Dhillon Bloom Series Fans BML Munjal University Bollywood Bonn BONN Group of Industries Book Launch BREEZE STAR Brett Lee Brian Lara Bucket List Buffalow Bullet Bike Business BYJU’s the Learning App Career Fair Carry On Jatta 2 CGC Chairman Chandigarh Chandigarh University Chandrayaan 2 Charanjit S Channi Charanjit Singh Channi Charanjt S Channi Chase-no mercy to Crime Chennai Chetan Salunkhe CICU CISCE Cisco SD-WAN CityNewsAre Claudia Cloud Enterprise Colleges COLORS Columbia Asia Referral Hospital community radio 90.0 Connect Net Champs Coronavirus COVID-19 COWE CSR Project CT University Cwaty Cycles Dairy Farming Dance +4 Dance Deewane Season 3 Dance Plus 4 Dance+ Dangal TV David Dhawan Dayanand Medical College and Hospital Dazzling fashion show Debate Competition debt-relief Deepika Das Deepika Padokone Delhi Delhi Golf Club Delhi Machine Tool Expo Department of RISE Deputy Commissioner Deshna Dugad Dhadak Dhamaka Dharmesh Yelande Dhund Di Khushboo Dil Hai Hindustani 2 Dil Toh Happy Hai Ji Diljit Dosanjh Divyanka Tripathi Diyvanka Tripathi DMCH Dr Agarwals Eye Hospital Dr. Archana S Dr. K. Sivan Dr. Parimala V Thirumalesh Dr. Ram Mirlay Dr. S Venkatesh Drill Drishti Dr. R.C. Jain Innovative Public School driver support Duracell Duraking Water Pump Durathon E-Newsletter E-Rickshaw EcoMo Eco Footprints 2020 Education EducationWorld Ek Thi Rani Ek Tha Raavan Ekta Kapoor Elaichi Elante Mall Entertainment Erika Pacard Excellence Award Ceremony Fan Fashion Filmfare Awards 2020 Forever 21 From left Shilpa Shetty Ganesh Acharya Ganesh Utsav Gautam Rode Geeta Kapoor GGNIMT Golgappe Google Governor Bhagat Singh Koshyari Govinda Greater Noida Green Land Convent School Gul Panag Gurgaon Guru Angad Dev Veterinary and Animal Sciences University Guru Gobind Singh Study Circle Gurugram Haaye Ve Hardik Kumar Harleen Kaur Harley Davidson Haryana Health Health and Fitness Heleous Hello Mini 2 Hero Cycles Heroes of Ola Heroes of Tomorrow 2019 Himalayan Huma Qureshi IMARC 2019 IN10 Media Network India Expo Mart India Ke Mast Kalandar India's Best Dramebaaz infectious disease INIFD Inks Inter School Competitions International Mother Language Day International Multidisciplinary Academic Research Conference International Webinar Interview Iqbal Happy Irfan Pathan Isha Anand Sharma Ishaan Khatter Ishara Zindagi ka Nazara Ishq Mein Marjawan ISRO IT Resident Jacqueline Fernandez Jai Hind Jalandhar James Samuel Janhvi Kapoor Jasmin Bhasin Jijaji Chhat Per Hain Jinde Meriye Jjust Music Jose Antonio Cachaza JuzzBaatt Kajsa Ollongren Kaka Kalikesh Singh Deo Kalyan Jewellers Kamlesh Rao Kanchan Awasthi Karan Khanna Karan Patel Karan Sharma Kareena Kapoor Khan Karishma Kapoor Karishma Tanna Karnataka Karnsangini Kartik Aaryan Karuna Kathak Kathor Katrina Kaif Keerthy Suresh KEOS 2019 Khalid Siddiqui Khushiyon Ke Sab Sizes Kia Motors India Kia Sonet Kinshuk Vaidya Krishna Bharadwaj Kriti Sanon Krushna Abhishek Kullfi Kumarr Bajewala Kumar Sanu Kundan Vidya Mandir Kundan Vidya Mandir School La Americana Gourmet Laal Ishq Laavni Laila Majnu LaLiga India LaLiga Trophy Landran Late Shri Sat Paul Mittal MP LCET LifeStyle Lincoln University Literature Lizelle D'Souza lockdown London Looks Unisex Salon Love k liye kuch bhi karega LSSC Lucky Draw Ludhiana Madhuri Dixit Madhurima Tuli Maharastra Mahima Makwana Malwa Central College of Education for Women Manbir Singh Mandira Bedi Manit Joura Manoj Tiwari Mansi Sharma Manul Chudasma Marathi Movies Mariam Khan Reporting Live Mark Rutte Marriage Palace Mauka-E-Vardaat Max Super Specialty Hospital Medal Winners Mercedes-Benz Mere Sai Microsoft Mika Singh Mishkat Varma Mitegi Lakshman Rekha mixer grinders mjunction Mohali Mohena Kumari Mohit Malik Mohsin Khan Monalisa Monika Chauhan Mothers Day Mouni Roy Movies Mridang Mrinal Dutt MSME Mumbai Mumbai Police Mummy Kasam Music Muskaan Bamne MX Player Myra Singh Nannu Studio Narain Karthikeyan Narayani Shastri Narendra Modi Nation National Cancer Survivors Day National level Moral Education Examination Nawabzaade NEAT Nehru Sidhant Kender Trust NEP-2020 New Delhi News Team NEXA IIFA Awards Night Club NIIFT Nina Lekhi Nippon Paint Not Just Paranthas Nova Eyewear O2 Spa Ola Ola Cabs Omung Kumar OpenLinks Foundation OPI Organic Farmers Market Orion Mall OTT PA PA YA Palladium Pal John Pancham Pankaj M Munjal Pankit Thakker Papia Sen Gupta Paras Kalnawat Paresh Ganatra Parineeti Chopra Parmish Verma Patiala Babes Patriotic song Pavilion Mall Pavitra Punia PCTE Group Pihu PledgeForSolar Police Politics Pollywood pool campus placement drive Pradeep Kumar Agrawal Prakash Purab Priyanka Kandwal Priyanka Purohit Punit J Pathak Punjab Punjab Government Punjabi Cinema Punjabi Movie Punjabi Poet Punjabi Song Punjabi track Qayamat Ki Raat Raashi Bawa Racer Chrome Fans Raghav Juyal Rajeev Bhardwaj Rajendra Inani Rajinder Ahuja Rakesh Bharti Mittal Rakhi Sawant Rally Ram Yashvardhan Ranbir Kapoor Ranju Ki Betiyaan Ranveer Singh Rashtriya Chemicals and Fertilizers Limited Raveena Tandon Ravi Dubey Ravi Kishan Raymond Parx Collection Re-Opening Rehan Poncha Rekha Remo D'Souza Rohit Mathur Rohit Sharma Royal Enfield Rukhsar Rehman Sabse Smart Kaun Sachin Pilgaonkar safety features Sajjan Re Phir Jhoot Mat Bolo Sandhoor Dani Sanjay Dutt Sanju SAR Group Sara Ali Khan Saregama Sargun Mahta SAS Nagar Sat Paul Mittal School Saurabh Baishakhia Sayantani Ghosh Scholarships Schools Secrets of Love Service on Wheels Sewing Machines Shafaq Naaz Shahrukh Khan Shakti Mohan Shamita Shetty Shantanu Maheshwari Sheena Bajaj Shikha Malhorta Shivangi Joshi Shivani Surve Short Movies Shraddha Kapoor Shweta Bachchan Nanda Sicagen India Limited SIDBI Siddharth Jadhav Siddharth Nigam SK Rai Skyline S-9 Smart Cities SMART LED Project Social Sohaya Misra Sonam Bajwa Sonu Nigam Sony Entertainment Television Sony SAB Sony-SAB Speedo India Sports Spring Dale Sri Lanka Telecom Sridevi Sriharikota Star Bharat Star Plus Star Salon Academy Star-Plus Startup Master Class Sugandha Mishra Sui Dhaaga Sukhwinder Singh Sultana Adaya Sumathi Kumar Sunanda Shetty Sunidhi Chauhan Super Sisters Superstar Singer Suzuki Hayabusa 2020 Suzuki Motorcycle India Swavalamban Sashakt Swimming Competition Taapsee Pannu Tamil Nadu Tanvi Shah Tara from Satara Tata Power Solar Tata Projects Ltd Tattoo Teacher’s Day Technology Tejasswi Prakash Television Tenali Rama Tera Kya Hoga Alia Teri Bhabhi Hain Pagle Thanksgiving The British School The Children’s Place The Kapil Sharma Show The Lakme Fashion Week Thunderbolt tickLinks 2.0 Tina Ahuja Tisva Tollywood Triple Seat Tsuki TVC Udit Narayan Union-Territories Uri Urmila Matondkar Usha Barbie Fan Usha Fan Room Heaters Usha Induction Cooktop Usha International Usha Memory Craft 15000 Usha Misty Water Heater Usha Oil Filled Radiators Usha Racer Fan Red Usha Room Heaters Usha Water Heaters UshaCarbon Heater UshaHalogen Heaters UshaQuartz Heaters Uttar Pradesh Vagdhara Nav Ratna Samman Vande Mataram Vartika Jha Varun Dhawan Varun Sharma Veighnesh Pande Vet Varsity Vibha Chibber Vighnaharta Ganesh Vikas Jhabakh Vishal Aditya Singh Vivek Dahiya Vivek Oberoi Water conservation Will Smith Yami Gautam Yash Raj Films Yasmine Ye Hai Mohabbatein Yeh Rishta Kya Kehlata Hai Yeshwanthpur Zarina Wahab Zee TV Zero

CityNewsAre February 10, 2021
A+ A-

Kamlesh Rao, MD and CEO, ABSLI
Kamlesh Rao, MD and CEO, ABSLI
Mumbai, February 10, 2021: Aditya Birla Sun Life Insurance (ABSLI), the life insurance subsidiary of Aditya Birla Capital Limited (ABCL), announced a hyper-personalized term plan, ABSLI DigiShield Plan, to cater to the unique protection needs of customers. This single plan will offer multiple plan options, added benefits linked to life stages, joint life protection, critical illness cover and rider options to tailor-make a distinctive protection solution, offering a comprehensive financial safety net for the customers and their loved ones.


People have various protection needs during different stages of their life and the hyper-flexibility offering of this plan helps to curate a protection strategy that aligns with their specific needs. Besides offering death benefit and acting as an income replacement tool, ABSLI DigiShield plan assists in comprehensive financial planning.


Unlike traditional term plans, this plan allows a customer to enjoy its benefits during their lifetime through the survival benefit option. Further, it provides a unique flexibility to reduce the sum assured at a pre-defined retirement age, allowing customers to align their cover as per their outstanding liabilities and the life stage. This whole-life cover with sum assured reduction feature is a first-of-its kind in the life insurance industry which offers life coverage until age 100 years.


Along with these fully customizable offerings, this plan also provides various premium paying terms, policy tenures and death benefit pay-out options to satisfy unique customer requirements. This holistic plan mitigates liabilities, provides protection to loved ones, and supports retirement and legacy goals.


Commenting on the launch, Mr. Kamlesh Rao, MD & CEO, Aditya Birla Sun Life Insurance, said, “Recent uncertain times have generated a need for a resilient financial cover with customized offerings. 2021 would be the year of hyper-personalization and at ABSLI, we aim to offer solutions which evolve with changing needs and lifestyles of our customers. ABSLI’s DigiShield Plan is one of a kind offering that stands as testimony to our customer-centric ethos. Now, our new-age customer will be empowered to tailor make a comprehensive solution through the various personalization features and carve a protection policy which is a precise fit for self and family.”


Unique benefits offered by the DigiShield plan:


Sum assured reduction option with whole life cover – This option offers life coverage until age 100 years and also allows the customer to reduce the sum assured by 50% or 25% at a pre-determined retirement age. This unique flexibility allows customers to choose high sum assured in their earning years and reduce their life cover during their retirement years. It makes the offering ideal for salaried customers or people who have to manage their liabilities effectively.


Survival income on attaining Age 60 years - This option provides monthly income to the customer on attaining Age 60 years and takes care of retirement income needs. Life cover continues throughout the policy term and the nominee is paid lumpsum benefit of sum assured, less survival benefits paid, in case of any unfortunate event. This option ensures need for life protection & retirement income is taken care under one plan.


Income Benefit option – This option provides support to the dependent members of the customer in his/her absence by replacing the lost income with a 1.25% of Sum Assured as fixed monthly income or increasing monthly income at 5% (simple) per annum for a period of 10/15/20 years, as chosen by the customer at inception of the policy.


Level cover option – The nominee is paid the absolute amount equal to the sum assured on death, in lump sum.


Customize the plan based on your needs: DigiShield plan offers 10 plan options with a variety of benefits to suit every individual’s requirements. Some of the options that one can select from are

Type of cover (level & reducing)

Tenure of the policy (To Age 85 & Whole Life)

Premium payment term (Single, Limited & Regular)

Death benefit pay-outs (Lump sum, Monthly income and Lump sum plus Monthly income)


Accelerated Critical Illness (ACI) benefit: Secured protection against 42 critical illnesses by opting for the Accelerated Critical Illness (ACI) Benefit option with additional premium payment.


Cover for your spouse: Now one can cover their partner’s life under the same plan by availing of the Joint Life Protection option.


Multiple rider benefits: A comprehensive protection plan can be created by opting for additional protection through multiple riders by paying additional premiums.


Enhance protection cover without medical: One can avail flexibility to increase the cover amount on specific events like marriage, childbirth or on availing house without undergoing fresh medical or underwriting, just by intimating us on any of these events.

Author Name

Contact Form

Name

Email *

Message *

Powered by Blogger.