Aditya Birla Sun Life Insurance (ABSLI) has launched a new life insurance plan called ABSLI Nishchit Aayush Plan. This plan is a non-linked, non-participating, limited premium payment term plan that provides life cover for a fixed period of time.
The ABSLI Nishchit Aayush Plan offers several benefits to the policyholder. The plan provides guaranteed life cover for a fixed period of time, which can be selected by the policyholder. The plan also offers a guaranteed maturity benefit at the end of the policy term.
The plan offers flexibility in terms of premium payment options. The policyholder can choose to pay premiums for a limited period of time, while the life cover continues for a longer period. The plan also offers a range of rider options that can be added to the base policy for enhanced protection.
One of the unique features of the ABSLI Nishchit Aayush Plan is that it offers a guaranteed return of premiums paid at the end of the policy term. This means that if the policyholder survives the policy term, they will receive back all the premiums paid during the policy term, making it a good investment option for those looking for guaranteed returns.
Commenting on the launch of the ABSLI Nishchit Aayush Plan, the CEO of ABSLI said, “We are pleased to announce the launch of the ABSLI Nishchit Aayush Plan, which is a comprehensive protection plan that offers guaranteed life cover and a guaranteed return of premiums paid. The plan is designed to provide financial security to the policyholder and their family, and we believe that it will be well-received by our customers.”
The ABSLI Nishchit Aayush Plan is a good option for those looking for a comprehensive life insurance plan that provides guaranteed life cover and a guaranteed return of premiums paid. The plan offers flexibility in terms of premium payment options and rider options that can be added for enhanced protection. The plan is suitable for those looking for a long-term investment option that offers guaranteed returns.