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ABSLI Fortune Wealth Plan is a unit-linked, non-participating individual life insurance savings plan offered by Aditya Birla Sun Life Insurance Company Limited. It combines life insurance protection with investment in market-linked funds. The policyholder can select either the Classic Option or the Assured Option, subject to the applicable eligibility rules. The plan offers five investment strategies: Systematic Transfer, Return Optimiser, Self-Managed, Smart and Life Cycle. These strategies provide different ways to manage investment allocation according to the policyholder's preferences and risk profile. The minimum annualized premium is ₹40,000 for annual payment mode, ₹45,000 for semi-annual mode, and ₹50,000 for quarterly or monthly modes. For entry ages 61 to 65, the stated minimum annualized premium is ₹5,00,000. The minimum sum assured is ₹4,00,000. Premium payment terms range from 5 to 19 years for limited pay and 10 to 20 years for regular pay. The policy term ranges from 10 to 20 years. Partial withdrawals are available only after the five-year lock-in period and remain subject to policy conditions. As with other ULIPs, investment risk is borne by the policyholder and the maturity value depends on fund performance and applicable charges. The plan does not guarantee a particular investment return.
Choose Classic or Assured option, five investment strategies and flexible premium-payment terms
ABSLI Fortune Wealth Plan may suit buyers who want life insurance combined with long-term market-linked investment and are comfortable with investment risk. Its two plan options and five investment strategies provide flexibility in how the policy is structured and managed. The Self-Managed strategy is relevant for policyholders who want more control over fund selection, while the Smart and Life Cycle strategies offer rule-based approaches to investment allocation. The Systematic Transfer and Return Optimiser strategies serve different investment-management preferences. However, the premium commitment is substantial: the minimum annualized premium for annual mode is ₹40,000, and other payment modes have different minimum requirements. The five-year lock-in also means the policy should not be treated as a short-term savings account or emergency fund. Charges, mortality costs, fund performance and the selected option affect the eventual value. Illustrations using assumed investment returns are not promises of future returns. Before purchasing, compare the policy document, benefit illustrations and charges, and ensure the premium remains affordable throughout the selected payment term.
Aditya Birla Sun Life
Key Insights
Founded
2000
Aditya Birla Sun Life was established 26 years ago and has built strong credibility over time, backed by its long-standing presence in the market.
Claims Experience
98.9% CSR, calculated as a 3-year average
Aditya Birla Sun Life settles 98.9% of all claims it receives, demonstrating strong credibility.
Contact Details
1800-270-7000
Headquarters: One World Center, Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013, Maharashtra, India.
The policy offers two options with different eligibility conditions and benefit structures. The applicable death and maturity benefits are determined by the selected option and policy contract.
Review the benefit illustration for the chosen option before buying.
Choose from Systematic Transfer, Return Optimiser, Self-Managed, Smart and Life Cycle strategies, subject to the policy terms.
Investment outcomes are not guaranteed.
If the life insured survives until maturity and applicable conditions are met, the maturity benefit is payable under the selected option and policy terms.
The amount depends on fund value and investment performance.
Partial withdrawals may be made after five complete policy years, subject to the minimum withdrawal amount, fund-value requirements and other policy conditions.
This is not a short-term or immediately liquid savings product.
Premiums can be paid annually, semi-annually, quarterly or monthly, with minimum annualized premium requirements varying by mode.
The minimum annualized premium for annual mode is ₹40,000.
The official Fortune Wealth Plan page lists this rider as an optional enhancement. Benefits depend on the covered illnesses, selected variant and rider conditions.
Rider UIN: 109A041V01. Check the current rider prospectus for covered conditions and exclusions.
The official product page lists this rider as an optional benefit for eligible accidental-death claims, subject to the rider terms.
Conditions or treatments that the policy clearly says it will not cover.
Insurer
Aditya Birla Sun Life plans and claim process
It is a unit-linked, non-participating individual life insurance savings plan. It combines life insurance protection with market-linked investment, and the policyholder bears the investment risk.
The official product specifications state a minimum annualized premium of ₹40,000 for annual mode, ₹45,000 for semi-annual mode, and ₹50,000 for quarterly and monthly modes. A higher minimum of ₹5,00,000 per year applies to entry ages 61–65, inclusive. Confirm the applicable requirement for the proposed policy.
The official product specifications list a minimum sum assured of ₹4,00,000. The applicable cover and benefit calculation depend on the selected option and policy terms.
Disclaimer: Premium amounts are indicative and may vary based on age, health, and plan selected. Claim settlement ratios are from IRDAI Annual Reports. Finzony is not an insurance broker or agent. Verify all details on the official Aditya Birla Sun Life website before purchasing.
Official Website
lifeinsurance.adityabirlacapital.com
Visit the official Aditya Birla Sun Life website for plan brochures, premium quotes and policy services.
The aforementioned ratios have been averaged over three years (FY24-FY26)
Rider UIN: 109A024V01. Review the rider contract for definitions, claim conditions and exclusions.
The official product page lists this rider as an optional enhancement. Premium-waiver eligibility and covered events are governed by the rider contract.
Rider UIN: 109A039V01. Verify eligibility and conditions before selecting it.
The plan offers Classic and Assured options, with different eligibility limits and benefit structures. Review the current product brochure and personalized benefit illustration to understand which option is available and how its benefits work.
The product page lists Systematic Transfer, Return Optimiser, Self-Managed, Smart and Life Cycle strategies. The available features and switching conditions are governed by the policy terms.
No. This is a unit-linked plan, and the investment risk is borne by the policyholder. The maturity value depends on fund performance and applicable charges. Illustrated values based on assumed returns are not guaranteed.
Partial withdrawals are permitted after five complete policy years, subject to the minimum withdrawal amount, fund-value conditions and other policy terms. The plan should not be used as an emergency fund for the first five years.
The stated policy term ranges from 10 to 20 years. The available premium-payment term and eligibility depend on the option selected and the policyholder's circumstances.
The official product page lists the ABSLI Comprehensive Critical Illness Rider, ABSLI Accidental Death Benefit Rider Plus and ABSLI Waiver of Premium Rider. Availability, additional premium and claim conditions are subject to the current rider documents.
The official product page states that top-ups are not allowed under this plan.
The official product information describes switching between investment options subject to the policy rules. Confirm the applicable timing, request process and conditions in the current policy contract.
A grace period and policy-discontinuance rules apply. The effect depends on when premiums stop and the applicable policy conditions. Read the policy contract and contact the insurer before discontinuing payments.
Tax treatment depends on the tax laws in force and whether the policyholder meets the relevant conditions. Confirm the treatment applicable to your circumstances with a qualified tax professional.