Aditya Birla Term Insurance
  • Inbuilt Terminal Illness cover
  • Life Coverage till 100 Years
  • Premium Waiver
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Aditya Birla Term Insurance: Overview

Aditya Birla Sun Life Term Insurance plans are designed to secure your family's financial future in case of your unforeseen demise. The term plans offered by Aditya Birla Sun Life Insurance are known to be suitable for long-term cover. 

What are some of the
Benefits
that set them apart?

  • Choice of premium payment term

  • Wide range of plan options

  • Joint life cover

  • Choice of policy tenure

  • Inbuilt terminal illness benefits

  • Return of premium option, etc.

  • Tax benefits

  1. Solvency Ratio
    1.7
  2. Claim Settlement Ratio
    98.12%
  3. Annual Premium
    Rs 15069.69 Cr
  4. Branches
    1048+

Aditya Birla Term Insurance Plans

Aditya Birla Term Insurance offers you multiple term insurance plans based on the features, benefits, and eligibility criteria. Here are some of the term plans offered by Aditya Birla Term Insurance.

Plan Entry Age Tenure Min. Sum Assured Unique Features
Aditya Birla Life Shield Plan Plan Minimum Age - 1 years Maximum Age - 65 years Annual, half-yearly, quarterly & monthly Rs. 25 Lacs
  • Lumpsum payout option
  • Increasing cover option
  • Return of premium.
ABSLI Poorna Suruksha Kawach Plan Minimum Age - 18 years Maximum Age - 65 years Annual, half-yearly, quarterly & monthly Rs. 50 Lacs
  • 6 Funds option
  • Critical illness benefit
  • Tax benefit
Aditya Birla Sunlife Digishield Plan Plan Minimum Age - 18 years Maximum Age - 65 years Annual, half-yearly, quarterly & monthly Rs. 30 Lacs
  • Affordable Premiums
  • Flexible Premium Payment Term
  • 2 Plan Options

Overview of Aditya Birla Term Insurance Plans

Here is a quick overview of the Aditya Birla Term Insurance Plans listed in the above table.

Aditya Birla Life Shield Plan Plan

Aditya Life Shield Plan is a simple term insurance plan offered by Aditya Birla, it offers life insurance at an affordable cost. This plan comes with 8 different plan options to cope with the vast needs of every unique customer.

Here are some key features of this plan:
  • Lump-sum Payout option
  • Return of premium option
  • Increasing life cover
  • Tax benefit

Explore other Aditya Birla Term Insurance

Aditya Birla Term Insurance offers one of the best term insurance plans to cater to the unique needs of every customer. You can buy their term plans with high life cover at pocket-friendly costs. Get a 5% discount for online purchases and 100% claim assistance with Aditya Birla Term Insurance plans. Below is the list of term plans offered by Aditya Birla.

ABSLI Life Shield plan (Aditya Birla Life Shield Plan) is a versatile and online available term insurance product. The plan is an affordable term insu...

Unique Features

  • Avail 8 Plan Options
  • Flexible-Premium Payment
  • Cover for Spouse

Aditya Birla Life Shield Plan (Pros)

Aditya Birla Life Shield Plan
  • 105% of total death benefit
  • Tax benefits as per law
  • Return of premium

Aditya Birla Life Shield Plan (Cons)

Aditya Birla Life Shield Plan
  • No policy loan
  • No critical illness
  • no tax benefit

Aditya Birla Life Shield Plan (Other Benefits)

Aditya Birla Life Shield Plan
  • Suicide Cover After 12 Months
  • Discount for Non-Smokers
  • 5% online discount

Aditya Birla Life Shield Plan (Eligibility Criteria)

Aditya Birla Life Shield Plan
  • Min entry age-1 years
  • Max entry age-65 years
  • Min. sum assured-25 Lac
  • Max. sum assured- No limit
  • Premium payment term-Regular/limited

ABSLI Poorna Suraksha Kawach is a comprehensive plan that offers the benefit of return of premium and early return of premium along with the life insu...

Unique Features

  • 6 Plan option
  • Increasing or decreasing SA benefit
  • Special exit value

ABSLI Poorna Suruksha Kawach (Pros)

ABSLI Poorna Suruksha Kawach
  • Death benefit
  • Return of Premium
  • Critical illness benefit

ABSLI Poorna Suruksha Kawach (Cons)

ABSLI Poorna Suruksha Kawach
  • No Policy Loan
  • No investment option
  • No terminal illness benefit

ABSLI Poorna Suruksha Kawach (Other Benefits)

ABSLI Poorna Suruksha Kawach
  • Maturity benefit
  • Tax benefit
  • Surrender benefit

ABSLI Poorna Suruksha Kawach (Eligibility Criteria)

ABSLI Poorna Suruksha Kawach
  • Minimum entry age- 18 years
  • Maximum entry age-65 years
  • Maximum sum assured-20 crore
  • Minimum policy term-5 years
  • Maximum policy term-55 years

ABSLI DigiShield Plan is a non-linked, non-participating term insurance plan offered by Aditya Birla Life Insurance Company. On opting for this plan, ...

Unique Features

  • Large Sum Insured
  • Many Plan Options
  • Affordable Premium

Aditya Birla Sunlife Digishield Plan (Pros)

Aditya Birla Sunlife Digishield Plan
  • Level cover option
  • Increasing cover
  • Income benefit

Aditya Birla Sunlife Digishield Plan (Cons)

Aditya Birla Sunlife Digishield Plan
  • No sucide cover
  • No policy loan
  • no pre-exiting cover

Aditya Birla Sunlife Digishield Plan (Other Benefits)

Aditya Birla Sunlife Digishield Plan
  • Smart exit value
  • Premium break
  • Sum assured top-up

Aditya Birla Sunlife Digishield Plan (Eligibility Criteria)

Aditya Birla Sunlife Digishield Plan
  • Min entry age-18 yrs
  • Max. entry age-65 yrs
  • Min. sum assured-30 Lac
  • Max. sum assured-no limit
  • Plan payment- Limited/regular.

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Riders You Can Avail With Birla sunlife term insurance Plans

Name of the Riders Benefits
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 off future premiums if you are unable to pay in the event of financial difficulties.
ABSLI Accidental Death and Disability Rider TOffers additional benefits in case of accidental death and accidental disability.
ABSLI Critical Illness Rider 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 death of the life insured due to an accident, 100% of the rider sum assured is paid to the nominee.

Benefits of Aditya Birla Term Insurance

Aditya Birla Term Insurance is one of the most trustworthy and reliable insurer partners you can choose from. Here are the reasons why you should choose Aditya Birla Term Insurance Plans:

Tired of Pushy Sales? Get Insurance, Your Way Tired of Pushy Sales? Get Insurance, Your Way

Additional Benefits Offered By Aditya Birla Term Plans

Aditya Birla Life Term Insurance Plans offer various additional benefits to the policyholders.

Inbuilt Critical Illness Cover

ABSLI term plans such as ABSLI Life Shield Plan offer you an inbuilt critical illness cover so that you can get protection against 64 critical illnesses.

Return of Premium (ROP)

ABSLI term plans such as ABSLI Life Shield Plan offer you the option to get all your premiums back once the policy matures.

Early Return of Premium (eROP)

ABSLI Poorna Suraksha Kawach offers the option to get your paid premiums back at an early stage.

Whole Life Coverage

ABSLI term plans such as the ABSLI DigiShield Plan offer you the option to enjoy whole life coverage.

Flexibility to Avail of ‘One Time Exit Value’

ABSLI Poorna Suraksha Kawach offers you the flexibility to avail of a one-time exit value.

Types of Aditya Birla Term Insurance Plans

There are various Aditya Birla term plans based on their features, policy tenure, benefits, etc. You can choose the one that best suits your requirements.

Basic Term Plan

Plan Name: ABSLI Saral Jeevan Bima Yojna

These plans only provide a sum assured to the nominee in case of the death of the policyholder. No survival benefits are included.

Term Plan with Return of Premium

Plan Name: ABSLI Life Shield Plan

These plans give the premium amount back to the policyholders only if they survive the policy term.

Term Insurance with Critical Illness

Plan Name: ABSLI Life Shield Plan

These plans offer inbuilt coverage against critical illnesses.

Term insurance with Accidental Disability & Death Cover

Plan Name:ABSLI Saral Jeevan Bima Yojna

These plans offer inbuilt coverage against accident disability and death cover.

Documents Required to Buy Aditya Birla Life Term Insurance

Here are the documents required to buy Aditya Birla Life Term Insurance:

Photo ID Proof

Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.

How to Buy a Aditya Birla Term Insurance Plan?

You can buy the Aditya Birla Term Insurance policy from Policyx.com or the Aditya Birla Term Insurance website.

Life Insurance
  • Step 1

    Fill out the form at the top of this page with the necessary details.

  • Step 2

    Select your income and city. Click on 'Proceed'.

  • Step 3

    Update your education and occupation details.

  • Step 4

    Choose your preferred plan and click on 'Buy this plan'.

  • Step 5

    Select the policy term, premium period, and riders (if required), and then proceed to pay.

Life Insurance
  • Step 1

    Visit the official website of Aditya Birla Life Insurance.

  • Step 2

    Click on ‘Term Insurance’ from the top menu.

  • Step 3

    Hover down and choose the ‘Buy Online’ option available under the plan name.

  • Step 4

    Enter your name, date of birth, email address, and contact number.

  • Step 5

    Choose your education, profession, and annual income.

  • Step 6

    Choose the plan you want to buy and make the premium payment.

Why Choose 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 Singh

I 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 varshney

I'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 Mary

I 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 Shah

PolicyX 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 Rathod

I 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 Mahajan

How to File Aditya Birla Term Insurance Plans Claim

The claim settlement process for Aditya Birla Life Term Plans is simple and hassle-free. The insurance provider gives you the option of settling a claim both online and offline. We have explained the process by which you can easily submit & settle your claim below:

Online Process

Your Occupation
1

Claim Reporting

Report your Aditya Birla Life Term plan claim by visiting the customer support section of the Aditya Birla Life Insurance website.

Your Occupation
2

Claim Review

Aditya Birla Life’s customer support staff will review your claim form and will assist you at every step. Their staff will next evaluate your claim and notify you if any papers are still pending.

Your Occupation
3

Claim approval and settlement-

Your claim will be resolved once you have informed the insurance of your claim and the insurer has received all of the necessary documents.

Offline Process

The Aditya Birla Life term plan claim settlement procedure can be reported by visiting the local Aditya Birla Branch Office. For the details of Aditya Birla Life Insurance branches, you can visit their website and locate the nearest branch. You have to submit the essential documents at the branch so that your claim can be processed.

Your Occupation
Life Insurance

More Queries?

If you have any more queries regarding Aditya Birla Term Insurance Plans, Renewals, or Claim Procedures, contact our insurance experts at:
1800-4200-269 now!

Aditya Birla Life Term Insurance: FAQs

1. What is the procedure for premium payment of Birla Sun Life Term Insurance online?

Pay the initial or renewal premium of your Birla Sun Life Term Insurance Plan by visiting the payment page of Birla Sun Life. Enter your application number and insured date of birth and click ’Next’ to proceed. Confirm your selection and select the payment option to pay your premium via credit and debit cards online.

2. What is the cancellation process for Aditya Birla Term Plan?

Policyholders of Aditya Birla Term Insurance must bring all relevant policy documents, along with a duly filled surrender form to the nearest branch from your locations. If the surrender form is submitted before 3:00 PM, the surrender value will be calculated using the current market rates; otherwise, the next day’s value will be applicable.

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Himanshu Kumar

Written By: Himanshu Kumar

Himanshu is a seasoned content writer specializing in keeping readers engaged with the insurance industry, term and life insurance developments, etc. With an experience of 2 years in insurance and HR tech, Himanshu simplifies the insurance information and it is completely visible in his content pieces. He believes in making the content understandable to any common man.