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BSLI Term Plan

 
 
 
BSLI Term Insurance Plan
 

BSLI Term Plan

 
Your BSLI's Term Plan is a low premium, pure risk coverage plan, which takes care of your financial commitments and secures your family's future should anything unfortunate happen to you.
 
Low Costs, High Cover
This plan provides you all the benefits of life insurance at affordable costs.
 
Riders
The plan offers three riders at nominal costs– Accidental Death and Dismemberment Rider, Critical Illness Rider and Waiver of Premium Rider.
 
Sum Assured Rebates
The plan offers attractive rebate for face value amounts equal to or greater than Rs. 5 Lakh for regular pay. In case of single pay, this rebate is available for amount greater than or equal to Rs. 7 Lakh.
 
Tax benefits
Investments in this plan are eligible for tax benefits under Sections 80C
and 10(10D) of the Income Tax Act.
 
More Benefits
• Maturity Benefit - NIL

• Death Benefit -  In the event of your unfortunate death, the nominee receives the Sum Assured.

• Special benefits for women - The plan offers favourable premium rates for female clients.
 
Plan Summary
Entry Age 18 – 55 years
Minimum Face Amount (Sum Assured) Rs. 2,50,000 in case of single premium & Rs. 2,00,000 in case of regular premium for a person fulfilling the eligibility criteria
Benefit period As per policy terms 5,10,15,20 or 25 years
Premium Paying Period Single pay or over the duration of the plan
Premium Payment Frequency Annually, semi-annually, quarterly, monthly (through ECS) or one-time payment
Grace Period Pay your premium within 30 days after the premium due dates
Amount due to nominee in event of death of the life insured Sum Assured
Maturity benefit Nil
Riders Accidental Death and Dismemberment Rider and Critical Illness Rider, Waiver of Premium Riders, but only at the time of purchase of policy
Tax Benefits

Under Sec 80C and Sec 10(10D) of the Income Tax Act, 1961

 

 
Disclaimer
This policy is underwritten by Birla Sun Life Insurance Company Limited (BSLI). This is a non-participating traditional term insurance plan. BSLI reserves the right to recover levies such as the Service Tax and Education Cess levied by the authorities on insurance transactions. If there be any additional levies, they too will be recovered from you. This brochure contains only the salient features of the plan. For further details please refer to the policy contract. Tax benefits are subject to change in the tax laws. Insurance is the subject matter of the solicitation. For more details and clarifications call your BSLI Insurance Advisor or visit our website and see how we can help in making your dreams come true
 
UIN No. - 109N003V02
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Policy Owner /
Group Owner /
Group Member
Insurance Advisor /
Channel Partner /
Corporate Agent /
Business Mentor /
Broker /
TDP Relationship Manager
Agency Manager /
Business Dev Manager /
Business Partner
 
 
Related Resources
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Contact Me Click here
Toll Free 1-800-270-7000
SMS BSLI to 56161
 Write to us @
 customerservice@birlasunlife.com
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