Unlock Financial Tools, Investment Insights, And Expert Guidance – All In One Convenient App !
Visit Our ABCD PageHealth Insurance
Housing Finance
Life Insurance
Mutual Funds
Personal Insurance
SME Finance
Stock & Securities
A banker in Delhi who lives with his wife and son
Mr Patil chose the ABSLI Guaranteed Annuity Plus Option 4, which pays a pension to his wife even after his death.
He paid a single purchase price of ₹6,71,756 and received an annual pension of ₹50,831 for the rest of his life.
After Mr Patil’s death, Mrs Patil (declared as a secondary annuitant) continues to receive 50% of the pension for the rest of her life.
With the money coming in regularly, Mrs Patil could live a more secure life.
She is a teacher and lives with her husband Ramesh and their daughter Kavya.
Mrs Kanaka purchased the ABSLI Guaranteed Annuity Plus plan with Option 8-Life Annuity with Partial Return of purchase price to survivor and balance to nominee.
Mrs Kanaka made a one-time payment of ₹7,55,197 and received an annual Annuity of ₹50,062 for her whole life.
After her death, her husband Mr Ramesh received 50% of the purchase price.
Years later after Mr Ramesh’s death, the balance was paid to Kavya, which helped her pursue her Master's degree.
Single man in Mumbai who switched from a corporate job to running his own cafeteria 5 years ago.
Mr. D’Souza opted for the ABSLI Guaranteed Annuity Plus plan with Option 9: Deferred Life Annuity with Return of Premium.
He paid a premium amount of ₹5,00,000 for 5 years. He chose to receive the annuity after a deferment period of 15 years during which time guaranteed* bonuses are added to the fund.
After Mr.D’Souza turns 60, he will start receiving an annuity of ₹3,47,066. Annuity payout is payable at the end of the Deferment Period.
With an assured regular payout, he could plan his post-retirement goals such as his dream vacation.
No enhanced annuity under critical illness if diagnosed within 90 days from the policy effective date.
No enhanced annuity under permanent disability benefits if the disability is a direct result of attempted suicide, self-destruction, accident due to the influence of alcohol, disease or infection, nuclear contamination, etc.
No benefit for death or permanent disability acquired due to naval, military, or air force operations during peacetime.
No benefit for death or permanent disability due to flying activities or professional sports.
Secure yourself and your loved ones financially with life insurance. Buy online through the ABCD app and get instant coverage.
Scan the QR code to download our Mobile App
Contributing a part of regular fixed income will help them have a steady, independent income for themselves and their families in their later years.
This plan can help those with fluctuating incomes live their retirement stress-free and provide for their loved ones as well.
People, especially women, who do not make their own money can plan for their old age with this plan.
It is never too late to plan and one can catch up with their financial needs in their post-retirement life by preparing beforehand.
You make a one-time or a fixed-period payment to the insurer as a premium
The money is invested to grow. The insurer might also add some regular bonuses.
At a predetermined point, often at retirement, you start receiving a fixed payout.
Some plans continue to pay a portion of the annuity to your nominee after your demise.
Pay the entire premium amount for the policy upfront in one lump sum payment. This does away with the need to make regular payments which can be quite convenient.
Pay the premium for a set number of years, typically 5 to 10 years. After that, you no longer need to pay premiums but the policy remains in force until maturity date.
^Tax benefits are subject to changes in tax laws. Kindly consult your financial advisor for more details.
*Provided all due premiums are paid.
1 Male age 60 years, Annuity Option -Life Annuity, Annuity Payout Frequency-Annual, Option chosen of Premium, Purchase Price Rs.10,00,000, Level Annuity, PPT: Single Pay, Single Life. Receive Annuity Rs.89,496 per annum/-
This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This is a Non-Linked, Non-Participating, General Annuity Plan. All terms & conditions are guaranteed throughout the Policy Term. GST and any other applicable taxes will be added (extra) to your premium and levied as per extant tax laws. An extra premium may be charged as per our then existing underwriting guidelines for substandard lives, smokers or people having hazardous occupations etc. All policy benefits are subject to policy being In-force. For further details please refer to the Policy contract. Tax benefits are subject to changes in the tax laws. For more details and clarification call your Insurance Advisor or visit our website and see how we can help in making your dreams come true. UIN: 109N132V09
ADITYA BIRLA CAPITAL DIGITAL LIMITED is a corporate agent of Aditya Birla Sun Life Insurance Company under IRDAI Registration No: CA0871 and does not underwrite the risk or act as an insurer. Registered Address: 18th Floor, One World Center, Tower 1, Jupiter Mills Compound,841 Senapati Bapat Marg, Elphinstone Road Delisle Road, Mumbai Maharashtra 400013. Participation by the ABCD’s clients in the insurance products is purely on a voluntary basis.
The Trade Logo “Aditya Birla Capital” Displayed Above Is Owned By ADITYA BIRLA MANAGEMENT CORPORATION PRIVATE LIMITED (Trademark Owner) And Used By ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED (ABSLI) under the License. For policies issued on minor life, the date of commencement of risk shall be the date of commencement of the policy. Where a policy is issued on a minor life, the policy will vest after attainment of majority of the Life Insured. Where the Life Insured (whether major or minor) and Proposer/Policyholder is different, on the death of the Proposer/Policyholder, his legal heirs, in accordance with the existing succession laws, will be considered as new Proposer/Policyholder. Tax benefits are subject to changes in the tax laws.
For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding the sale. Registered Office: One World Centre Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. IRDAI Reg No.109 | Toll Free No. 1-800-270-7000 | Website: https://lifeinsurance.adityabirlacapital.com | CIN: U99999MH2000PLC128110 | UIN:109N108V11| ADV/3/23-24/3818
BEWARE OF SPURIOUS / FRAUD PHONE CALLS!
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.