Aditya Birla Sun Life
vs
Hdfc Life Insurance

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Aditya Birla Sun Life vs Hdfc Life Insurance

Aditya Birla Sun Life

ABSLI, formerly known as Birla Sun Life Insurance Co. Ltd. started its operations on January 17th, 2001 in India. Aditya Birla Life Insurance has a revenue of Rs. 12,140.23 Crore and a claim settlement ratio of 98.07%.

Hdfc Life Insurance

HDFC Life is a joint venture between HDFC Ltd., India& 039;s leading housing finance institution, and Aberdeen PLC. It is present in around 980+ towns and cities in India.

COMPANY DETAILS Edit Aditya Birla SunLife Insurance Page

Aditya Birla Sun Life

Edit HDFC Life Insurance

Hdfc Life Insurance

Rating
Number of life insurance plans and add-ons
Annual Premium

Annual Premium

Up to 15069.69

Annual Premium

Up to 962.83 Cr.
Premium

Premium

-

Premium

-
Claim ratio

Claim ratio

98.12%

Claim ratio

99.3%%
Solvency Ratio

Solvency Ratio

1.7

Solvency Ratio

2
Branches

Branches

1470+

Branches

372 branches
Riders Available

Riders Available

-

Riders Available

-
Policy Term

Policy Term

-

Policy Term

-

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Aditya Birla Life Insurance

ABSLI, formerly known as Birla Sun Life Insurance Co. Ltd. started its operations on January 17th, 2001 in India. Aditya Birla Life Insurance has a revenue of Rs. 12,140.23 Crore and a claim settlement ratio of 98.07%.

Bajaj Allianz Savings Plan Plans

Bajaj Allianz Savings Plan

Aditya Birla Sunlife Fixed Maturity Plan is a non-linked, non-participating endowment product providing fully guaranteed benefits as a lump-sum on mat...

Unique Features

  • Tax Benefits u/s 80C & 10 (10D)
  • Single Premium
  • ZERO Withdrawal Charges

Birla sunlife fixed maturity plan (Pros)

Birla sunlife fixed maturity plan
  • Policy Loan
  • Surrender benefit
  • Guranteed maturity benefit

Birla sunlife fixed maturity plan (Cons)

Birla sunlife fixed maturity plan
  • Lack of Liquidity
  • Interest Rate Risk
  • Limited Flexibility

Birla sunlife fixed maturity plan (Other Benefits)

Birla sunlife fixed maturity plan
  • Enhanced Sum Assured
  • Tax benefit
  • Avail life cover

Birla sunlife fixed maturity plan (Eligibility Criteria)

Birla sunlife fixed maturity plan
  • Entry age-8 years
  • Sum assured- 15
  • 000 to no limit
  • Policy term-5 to 10 years
  • Premium payment mode- single pay
  • Maturity age-70 years

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Naval Goel

Reviewed By: Naval Goel

Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.