Aditya Birla Sun Life Insurance
ABSLI, formerly known as Birla Sun Life Insurance Co. Ltd., started its operations on January 17th, 2001, in India. ...Read More
The headline features and policy mechanics, at a glance.
Affordable premium options starting from entry-level to comprehensive whole-life protection.
Industry-leading approval rate on eligible life insurance claims in the most recent fiscal year.
Well above IRDAI's 1.5× floor — strong indicator of long-term claim-paying ability.
Choose from level cover, increasing cover, and return-of-premium variants.
Extend a base policy with add-on covers — critical illness, accidental death, waiver of premium and more.
Branch offices and claim service centres across India for easy policy servicing.
Aditya Birla Sun Life Insurance Company (ABSLI), formerly known as Birla Sun Life Insurance Co. Ltd., started its operations in India on January 17th, 2001. The company is a joint venture between Aditya Birla Group, a global enterprise, and Sun Life Financial, one of Canada's top financial service organizations. ABSLI offers a range of products including wealth protection plans, health plans, retirement and pension solutions, children's plans, unit-linked insurance plans (ULIPs), and traditional term plans.
Aditya Birla Sun Life Insurance has a distribution network in over 500 cities with 560 branches and more than 140 partnerships with corporate agents, brokers, and banks. Aditya Birla Life Insurance has a revenue of Rs. 15,069.69 Crore and a claim settlement ratio of 98.12%, serving a substantial customer base of over 17 lakhs.
Aditya Birla Life Insurance ensures to look after your insurance needs by offering:
Strong Solvency Ratio:
The solvency ratio measures a company's ability to meet long-term debt obligations. As per IRDAI, all life insurance companies must maintain a solvency ratio of at least 1.5. Aditya Birla Life Insurance currently has a solvency ratio of 1.9, indicating strong financial health.
High Claim Settlement Ratio:
The claim settlement ratio (CSR) shows the percentage of claims settled by an insurer against the number of claims filed. For the financial year 2022-23, Aditya Birla Life Insurance recorded a CSR of 99.01%, reflecting its commitment to settling claims efficiently.
Robust Annual Premium Growth:
The company's annual premium growth indicates its business reputation and expansion. Aditya Birla Life Insurance recorded an annual premium of Rs. 14,445.03 Crores in the financial year 2022-23, demonstrating strong growth.
Trusted Market Reputation:
Aditya Birla Sun Life Insurance has a good market reputation, making it a trusted and reliable insurance partner for its customers.
Aditya Birla Life Insurance offers a wide range of plans that provide comprehensive coverage to meet various needs and requirements.
The death benefit can be used to settle debts, replace lost income, or fund education. Therefore, the policyholder's family will have financial security even after their passing.
Aditya Birla Life Insurance plans are highly flexible, allowing customers to easily make modifications according to their needs. Policyholders can add riders, additional benefits, or customize the policy sum and tenure.
The company provides policyholders with access to 24-hour customer care. Expert teams assist customers with plan purchases, claim settlements, and general queries.
Aditya Birla Sun Life Insurance recommends a cover 10–15 times your annual income, customized for debts, future goals, and inflation. Use this formula:
(Annual Expenses × 10) + Total Liabilities − Existing Assets/Insurance
Steps to calculate your cover:
Use the ABSLI Human Life Value (HLV) calculator.
Factor in inflation for rising costs.
Deduct any existing life insurance to find your coverage gap.
Anyone who wants to secure their family’s financial future should consider an Aditya Birla Life Insurance policy. It is ideal for:
Breadwinners: Protects family income in case of unexpected death.
Parents: Covers children’s education, marriage, and future expenses.
Homeowners & Loan Holders: Ensures outstanding loans don’t burden the family.
Long-term Planners: Provides financial security and peace of mind through tailored term plans.
Anyone Seeking Adequate Protection: Offers flexible coverage that grows with needs and inflation.
Every plan currently being sold by Aditya Birla Sun Life Insurance, shown side-by-side so you can shortlist quickly.
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Aditya Birla Sun Life Fixed Maturity Plan is a non-linked, non-participating endowment product providing fully guaranteed benefits as a lump sum on ma...
Enhance your life plan with optional add-on riders for broader protection.
ABSLI Comprehensive Critical Illness Rider
This rider offers additional benefits and protection against up to 64 critical illnesses mentioned in the brochure.
ABSLI Waiver of Premium Rider
This rider waives future premiums if you are unable to pay due to financial difficulties.
ABSLI Accidental Death and Disability Rider
Offers additional benefits in case of accidental death or accidental disability.
ABSLI Critical Illness Rider
Covers 4 major illnesses: first heart attack of specified severity, cancer of specified severity, stroke resulting in permanent symptoms, and major organ/bone marrow transplant.
ABSLI Accidental Death Benefit Rider Plus
In the unfortunate event of the life insured's death due to an accident, 100% of the rider sum assured is paid to the nominee.
For policy purchase and claim submission. Have these ready before you start.
Photo ID Proof Photo ID Proof (any one)
Passport, Aadhaar card, PAN card, Driving license.
Age Proof Age Proof (any one)
Passport, Aadhaar card, PAN card, Driving license.
Address Proof Address Proof (any one)
Utility bill, passport, voter ID, ration card.
Medical Records Medical Records of the policyholder (if requested).
Income Proof Income Proof (any one)
Bank statement, last three months' salary slips (for salaried individuals).
Step-by-step guides for the four key moments in your policy lifecycle. Click a tab to switch.
Every claimant/nominee is assigned a dedicated Claims Relationship Officer who assists throughout the entire process. The life insurance claim settlement process at Aditya Birla Life Insurance involves the following three steps:
Inform the company about the incident via various channels: by writing an email to Aditya Birla Life at claims@adityabirla.com, calling the toll-free number (1800-103-7766), filling out the online claim form on its website, or visiting the nearest branch. A claim reference number/intimation number will be provided upon successful registration of the claim.
Submit the necessary documents requested by the insurer to process the claim.
For natural death: death claim form, death certificate, original policy documents, claimant's identity and residence proof, medical records, and nominee's account details.
For accidental death: the same documents along with the FIR and post-mortem report.
Once Aditya Birla receives your claim, they will verify all details. They may request additional documents if required. Aditya Birla will send a claim reference number after verifying the submitted documents.
Aditya Birla's insurance settlement procedure can also be initiated by visiting a local branch office. You can find details of Aditya Birla Life Insurance branches on their website. Submit the essential documents at the branch for your claim to be processed.
The standard inclusions and exclusions across Aditya Birla Sun Life Insurance plans. Specific plans may add benefits — always check the policy wording before purchase.
Aditya Birla Life Insurance is a strong contender for individuals looking for reliable life insurance solutions with a wide array of products, strong customer service, and flexibility. You can contact PolicyX.com at the toll-free number 1800-4200-269 or email us at helpdesk@policyx.com.
Don't just take our word for it — check out what our happy customers say about us!
All my claims were rejected for 3 years. Then, I received a text from PolicyX team, who noticed that my claims hadn't been settled. They managed to get my claims settled, totalling ₹4.5 L. I really appreciate the efforts of the PolicyX advisors for their support in settling my claims.
Ravindra SinghI highly appreciate the help of the PolicyX team for settling my claim of Rs. 5 Lakhs with zero deductions. I took a policy online from them in March 2024. As a customer, it's been a great experience throughout the process.
Priti VarshneyI'm very satisfied because my claim of over ₹2 L has been settled as a result of your team effort. However, I was very upset with the insurer, who delayed the claim for almost 2 months. But with your support and interaction, the claim was settled within 30 days & I appreciate it a lot.
Nisha MaryI bought my health policy from PolicyX, and so far, it's been a very pleasant experience with the team. I really appreciate the help for renewing my health policy. I look forward to continuing my relationship with PolicyX and recommend it to everyone.
Ajay ShahPolicyX has been a savior during a medical emergency in my family recently. My wife was admitted in the hospital, and the insurance company declined my claim request. The PolicyX team handled the situation very well and I received the claim right on time.
Vijay RathodI purchased a health plan for the very first time and the support by PolicyX is commendable. They helped me with the paperwork, explained the policy details to me with patience and supported me at every step of policy buying. A big thanks to you guys.
Uma MahajanThe 15 most-asked questions about Aditya Birla Sun Life Insurance, answered.
Aggregate ratings from 928 verified PolicyX customers who bought a Aditya Birla Sun Life Insurance plan.
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