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ABSLI Wealth Secure Plan is a non-participating unit-linked life insurance plan designed to provide whole-life cover alongside market-linked savings. The policyholder pays premiums for a selected premium-paying term while cover continues for the whole of life, subject to the policy contract. The official product specifications list an entry age of 30 days to 65 years. For entry ages up to 44 years, the premium-paying term can range from 5 to 30 years; for entry ages 45 to 60 years, it ranges from 8 to 30 years; and for entry ages 61 to 65 years, it ranges from 10 to 14 years. The premium-paying term must end by the applicable maximum attained age of 75 years. The minimum basic premium is ₹30,000 per year for annual or semi-annual payment modes and ₹60,000 annualized for quarterly or monthly modes. The basic sum assured is generally 10 times the annualized premium, as specified in the policy. The plan provides three investment options: LifeCycle, Systematic Transfer and Self-Managed. Top-up premiums are permitted subject to policy rules; the minimum top-up is ₹5,000. The product also provides guaranteed additions at specified policy anniversaries, subject to the policy terms. As a ULIP, the policy invests in market-linked funds and the policyholder bears the investment risk. Fund values can rise or fall, and the value at maturity is not guaranteed by the investment performance illustration.
Three investment options, top-up premiums and policy-continuance guaranteed additions
ABSLI Wealth Secure Plan may be relevant for people who want long-term life cover extending beyond a conventional fixed-term policy and are comfortable with market-linked investments. Its whole-life structure and limited premium-paying terms can help separate the period of paying premiums from the duration of cover. The LifeCycle option is designed for policyholders who prefer investment allocation to adjust over time; Systematic Transfer may help stage investment allocation; and Self-Managed is intended for those who want to select and manage their investments. The plan also permits top-up premiums and provides guaranteed additions under specified policy conditions. However, this is not a guaranteed-return savings deposit. The fund value is affected by investment performance and policy charges. The minimum basic premium is ₹30,000 annualized for annual or semi-annual modes and ₹60,000 annualized for quarterly or monthly modes. ULIP liquidity is restricted during the first five policy years. Before purchasing, review the current policy contract, guaranteed-addition formula, charges, discontinuance rules and benefit illustration. Do not treat illustrated values based on assumed investment returns as guaranteed outcomes.
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 plan is designed to provide life cover for the whole of life while premiums are paid over the selected premium-paying term, subject to the policy contract.
Check the policy schedule for the selected sum assured and exact death-benefit calculation.
Choose LifeCycle, Systematic Transfer or Self-Managed according to your investment preferences and the product rules.
Fund performance is market-linked and not guaranteed.
The policy contract provides additions to the policy fund at specified anniversaries, subject to the stated conditions and calculation method.
Guaranteed additions are distinct from market returns; read the current policy wording for the formula.
Additional top-up premiums may be paid when permitted by the policy rules. The minimum top-up premium is ₹5,000.
The policy contract sets limits on top-ups and the associated sum assured.
Basic premiums can be paid annually, semi-annually, quarterly or monthly, with different minimum annualized premiums by payment mode.
Minimum ₹30,000 annualized for annual or semi-annual modes; ₹60,000 for quarterly or monthly modes.
The official product page lists this rider as an optional enhancement for eligible policyholders. The benefit depends on the rider variant and the specified covered conditions.
UIN 109A041V01. Review the current rider prospectus for the covered illnesses, waiting periods and exclusions.
The official product page lists this rider as optional protection for eligible accidental-death claims, subject to rider definitions and conditions.
Conditions or treatments that the policy clearly says it will not cover.
Insurer
Aditya Birla Sun Life plans and claim process
It is a non-participating unit-linked life insurance plan designed to combine whole-life insurance cover with market-linked savings. Investment risk is borne by the policyholder.
The official product page lists a minimum basic premium of ₹30,000 per year for annual or semi-annual payment modes and ₹60,000 annualized for quarterly or monthly modes. Confirm the applicable premium for the chosen payment mode and policy terms.
The published eligibility criteria list an entry age of 30 days to 65 years. The available premium-paying term varies by entry age.
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)
UIN 109A024V01. Additional premium and claim conditions apply.
The official product page lists this rider as an optional enhancement that may waive eligible future premiums when the conditions specified in the rider are met.
UIN 109A039V01. Check the current rider wording for eligibility and covered events.
The plan is described as a whole-life policy. The exact cover and benefits are governed by the policy schedule and contract conditions.
The product offers LifeCycle, Systematic Transfer and Self-Managed investment options. The suitable choice depends on your risk tolerance and investment preferences.
No. This is a ULIP, and investment risk is borne by the policyholder. Fund values can rise or fall with market performance. Guaranteed additions are separate policy-defined benefits and do not make all investment returns guaranteed.
The published brochure specifies a minimum top-up premium of ₹5,000, subject to the policy conditions and limits.
The product provides partial withdrawals subject to policy rules. ULIPs do not permit partial or complete withdrawal of invested money during the first five policy years.
The policy contract specifies guaranteed additions at defined policy anniversaries and explains how they are calculated. Check the current policy document for the applicable formula and eligibility conditions.
The official product page lists the ABSLI Comprehensive Critical Illness Rider, ABSLI Accidental Death Benefit Rider Plus and ABSLI Waiver of Premium Rider. Availability and benefits are subject to eligibility, additional premiums and rider conditions.
The outcome depends on when premiums stop and the applicable policy discontinuance, grace-period and revival rules. Review the policy contract and contact the insurer before stopping payments.
Tax treatment depends on prevailing tax laws and whether the policyholder meets the relevant conditions. Confirm the tax treatment applicable to your circumstances with a qualified tax professional.
It is designed for long-term whole-life insurance and market-linked savings. The five-year ULIP lock-in and investment risk make it unsuitable as an immediately accessible emergency fund.