Skip Ribbon Commands
Skip to main content
 

Need help? Call 1-800-270-7000

To offer you an enhanced website experience we have revamped this section. Remembering your User Name & Password just got simpler.

Convert your 10 digit CIP number to a User Name of your choice and select a password you can remember with ease.

If you are having trouble logging in, check if you have typed in the correct User Name or type the old 10 digit CIP number (if you are a 1st time user).

Cookies need to be enabled in your Internet browser in order for you to Login. You need to go to Internet options > Privacy > Advanced > Select the "Accept" or "Prompt" option under "First Party Cookies" > Click Ok
OK

A plan that gives you a steady income through your lifetime post retirement and also returns your savings to your family in case of your unfortunate demise
BSLI Immediate Income Plan.jpg

Through your working years you work hard and save money to ensure that you can lead a comfortable life when you retire. When you retire, your regular source of income stops, your expenses don’t. With increasing life expectancy and rising medical costs, the need to have an alternate income after retirement has become very important.

On retiring you would receive a lump sum amount from your employers like the Employee Provident Fund or other forms of savings that you have been doing. You require a financial planning tool that can allow you to club your other savings and these lump sum payouts which you can convert into a regular income plan.

Presenting the BSLI Immediate Income Plan that puts your savings into an annuity to give you a regular income in your retirement years.

BSLI Immediate Income Plan is a traditional, non-participating, single premium annuity plan with return of purchase price.
 
How does the Plan Work
 
Step 1: Decide the amount of premium (lump sum amount) you want to pay to purchase the annuity depending on the amount of regular income you wish to receive. This annuity payment is guaranteed for life and depends on the annuity rates prevailing at the time of the purchase of the annuity
 
Step 2: Choose your annuity payout options from monthly, quarterly, semi annual or annual modes.
 
Step 3: Choose how would like to receive your annuity from either post dated cheques or through direct credit to your bank account.
 
This plan is meant for you, if
 
1.    Your age is at least 50 years and a maximum of 90  years
2.    You are able to purchase the annuity such that you can get a regular income of Rs.1,000, Rs.3,000, Rs.6,000 or Rs.12,000 for  monthly, quarterly, semi-annual and annual mode of annuity payment respectively. There is no maximum limit on the purchase price
Disclaimer
BSLI Immediate Income Plan is a long-term financial vehicle designed for retirement purpose,by Birla Sun Life Insurance Company Limited (BSLI). This is a non- participating non linked traditional annuity plan. BSLI reserves the right to recover levies such as the Service Tax levied by the authorities on insurance transactions. If there be any additional levies, they too will be recovered from you. This brochure contains the salient features of the plan. For further details please refer to the policy contract. Tax benefits are subject to changes in the tax laws. Annuity payouts are taxable as per extant tax laws. Insurance is the subject matter of the solicitation. For more details on risk factors , terms & conditions , please read sales brochure carefully before concluding the sale. Regd. Office: One Indiabulls Centre, Tower 1, 16th floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013. Reg No. 109
Unique No.: 109N053V01
Toll Free:1-800-270-7000
Between 9 am to 9 pm, Monday to Saturday

Insurance Dictionary

Confused by a financial term?
Birla Sun Life Insurance

Notification

Need help? Call 1-800-270-7000
Posted Date :
Subject :
Message :

Notifications

Need help? Call 1-800-270-7000
Are you sure you wish to delete the selected Notification(s)?

Daily NAV's


Assure Fund 20.0224
ULIF01008/07/05BSLIASSURE109
Income Advantage Fund 17.4471
ULIF01507/08/08BSLIINCADV109
Protector Fund 27.2391
ULIF00313/03/01BSLPROTECT109
Builder Fund 33.5637
ULIF00113/03/01BSLBUILDER109
Balancer Fund 21.4382
ULIF00931/05/05BSLBALANCE109
Enhancer Fund 39.6121
ULIF00213/03/01BSLENHANCE109
Creator Fund 29.9662
ULIF00704/02/04BSLCREATOR109
Magnifier Fund 29.2039
ULIF00826/06/04BSLIIMAGNI109
Maximiser Fund 14.5354
ULIF01101/06/07BSLIINMAXI109
Multiplier Fund 12.1365
ULIF01217/10/07BSLINMULTI109
Super 20 Fund 14.8243
ULIF01723/06/09BSLSUPER20109
Platinum Plus Fund - 1 12.492
ULIF01325/02/08BSLIIPLAT1109
Platinum Plus Fund - 2 17.7262
ULIF01425/02/08BSLIIPLAT2109
Platinum Plus Fund - 3 13.6292
ULIF01628/04/09BSLIIPLAT3109
Platinum Plus Fund - 4 12.1116
ULIF01816/09/09BSLIIPLAT4109
Platinum Premier Fund 12.0045
ULIF02203/02/10BSLPLATPR1109
Platinum Advantage Fund 10.2708
ULIF02408/09/10BSLPLATADV109
Pension Nourish Fund 22.7653
ULIF00604/03/03BSLNOURISH109
Pension Growth Fund 27.61
ULIF00504/03/03BSLIGROWTH109
Pension Enrich Fund 31.7068
ULIF00404/03/03BSLIENRICH109
Titanium Fund - 1 11.9874
ULIF01911/12/09BSLITITAN1109
Titanium Fund - 2 11.7473
ULIF02011/12/09BSLITITAN2109
Titanium Fund - 3 10.8401
ULIF02111/12/09BSLITITAN3109
FORESIGHT - 5 PAY 10.9991
ULIF02510/02/11BSLFSIT5P1109
FORESIGHT - SINGLE PAY 11.1365
ULIF02610/02/11BSLFSITSP1109
Pure Equity Fund 11.4635
ULIF02707/10/11BSLIPUREEQ109
Value Momentum Fund 10.7917
ULIF02907/10/11BSLIVALUEM109
Liquid Plus Fund 10.9141
ULIF02807/10/11BSLLIQPLUS109
Discontinued Policy Fund 12.0461
ULIF02301/07/10BSLIDISCPF109