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ABSLI Anmol Suraksha Kawach plan is a non-linked, non-participating term insurance plan offered by Aditya Birla Capital. If You are looking for a term plan for a shorter period, then ABSLI Anmol Suraksha Kawach is something you should look for. With a hassle-free process and affordable premiums, you can purchase this plan for a tenure of 2 to 5 years. Anmol Suraksha Kawach offers a sum assured of 50 lakhs to 2 crores.
In terms of coverage, the plan covers transgenders as well and customers who choose a single premium payment term can surrender the policy and acquire surrender value as mentioned in the plan.
Aditya Birla Anmol Suraksha Kawach Plan offers you a range of benefits including:
Minimum Age - 23 years Maximum Age - 55 years
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Minimum term - 2 years, Maximum term - 5 years
Base sum assured: 50 lakhs to 2 Crores
The policy loan is not available under Aditya Birla Anmol Suraksha Kawach
Singular, Regular
Let's understand how the Aditya Birla Anmol Suraksha Kawach Plan works with a simple premium illustration.
Vaibhav, a 35-year-old software engineer is looking for a term plan with a sum assured of 1 Crore for 4-year policy term and a single premium payment.
He visited PolicyX.com to learn more about term plans. Policyx.com advisors carefully analyze his queries and suggest purchasing the Aditya Birla Anmol Suraksha Kawach Plan
Let us see a brief illustration of Aditya Birla Anmol Suraksha Kawach plan
Age | Policy Term | Cover up to | Sum assured | Premium amount (Monthly) |
30 years | 30 years | 60 years | 1 Crore | Rs. 698 |
Here are the benefits associated with the Aditya Birla Anmol Suraksha Kawach Plan
In the event of the policyholder's unfortunate death during the policy term, the 100% death benefit payout shall be payable as a lump sum to the nominee.
When you feel that continuing the plan is unnecessary, you can surrender your policy and receive a cancellation value.
Accidental death benefit rider is an optional feature that can enhance your base cover. This rider covers you against accidental death in exchange for additional premiums.
The plan offers guaranteed high-life cover with a lump sum payout.
The plan covers accidental death in exchange for additional premiums.
Flexible premium payment terms allow you to pay a premium once, for a limited period, or throughout the policy term.
The plan offers comprehensive coverage at affordable premiums with easy-to-understand features.
Here is the list of exclusions associated with the plan:
Aditya Birla Anmol Suraksha Kawach Plan is a short-term easy to understand plan. It offers coverage at affordable premiums along with tax benefits as per the law. If you are still confused about which term plan is best for you then you can contact us at PolicyX.com. One of our insurance representatives will contact you shortly, understand your requirements, and choose a plan that suits your needs.
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The minimum age to purchase the Aditya Birla ABSLI Anmol Suraksha Kawach plan is 18 years
No, you can only choose a policy term between 2-5 years under Aditya Birla ABSLI Anmol Suraksha Kawach’s plan.
You can get a sum assured between 50 lakhs to 2 crores, depending upon your medical condition, income and age.
For Purchasing Aditya Birla’s ABSLI Anmol Suraksha Kawach plan one should have the following documents: Age proof-Aadhar card/ PAN card. ID Proof- Aadhar card/PAN card. Address proof- Aadhar card/PAN card Income proof- Bank statement, salary slips.
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February 5, 2023
Asia/Kolkata
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