Aditya Birla Saral Jeevan Bima
  • Simple Protection Plan
  • Flexible Premium Payment
  • Covers Accidental Death
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Aditya Birla Saral Jeevan Bima

Keeping things simple is not always wrong, but we often choose to make things more complicated for ourselves. To eliminate this, Aditya Birla Sun Life Insurance has launched a term plan named Saral Jeevan Bima. As the name suggests, a plan aims to offer financial support to your family with easy-to-understand features and affordable premiums.

It provides a high life cover and comes with an option, Accidental Death Benefit Rider, which allows you to enhance your base cover for additional protection. You can even choose a premium payment term that allows you to pay a premium once, for a limited period, or throughout the policy term.

Aditya Birla Saral Jeevan Bima Plan offers you a range of benefits including:

why-choose
  • Affordable premiums
  • flexible premium payment
  • Hassle-free buying process
  • Tax benefits
  • Accidental Death Benefit

Eligibility Criteria for Aditya Birla Saral Jeevan Bima

Your Occupation

Entry age

Minimum Age - 18 years Maximum Age - 65 years

Mukhyamantri Amrutam Yojana

Maturity age

Maximum Maturity Age - 70 years

Your Gender

Policy term

Minimum term - 5 years, Maximum term - 40 years

Maternity Benefit Rider

Sum assured

Base sum assured: 5 lakhs to 25 Lakhs

Dr YSR Aarogyasri Trust

Policy loan

The policy loan is not available under Aditya Birla Life Saral Jeevan Bima

Maternity Benefit Rider

Payment modes

Monthly, Half-Yearly or Annually

How Does Aditya Birla Saral Jeevan Bima Plan Work?

Let's understand how the Aditya Birla Saral Jeevan Bima Plan works with a simple premium illustration.

Why Buy Term Insurance Online?

Problem

Mr. Ashish is a 30 years old, non-smoker male earning 10 lacs or above annually, looking for insurance coverage of 1 crore till 60 years

Solution

He visited PolicyX.com to learn more about term plans. Policyx.com advisors carefully analyze his queries and suggest purchasingAditya Birla Saral Jeevan Bima Plan

Let us see a brief illustration of Aditya Birla Saral Jeevan Bima plan

Age  Policy Term Cover up to Sum assured Premium amount (Monthly)
30 years 30 years 60 years 1 Crore Rs. 698

 

Benefits of Aditya Birla Saral Jeevan Bima

Here are the benefits associated with the Aditya Birla Saral Jeevan Bima

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

Features of Aditya Birla Saral Jeevan Bima

High Life Cover

The plan offers guaranteed high-life cover with a lump sum payout.

Accidental Death Cover  

The plan covers accidental death in exchange for additional premiums.

Flexible Premium Payment 

Flexible premium payment terms allow you to pay a premium once, for a limited period, or throughout the policy term.

Comprehensive Coverage

The plan offers comprehensive coverage at affordable premiums with easy-to-understand features.

Exclusions of Aditya Birla Saral Jeevan Bima Term Plan

Here is the list of exclusions associated with the plan:

  • Suicide during the first 12 months of policy inception will not be covered.
  • Death occurred due to the pandemic not covered under this plan.
  • Injuries or illnesses caused due to any type of adventure sports.
  • Consumption of any type of, drugs, or alcohol except for the clinical purpose.
  • Any pre-existing disease that isn't mentioned during the start of the policy.

Conclusion

Aditya Birla Saral Jeevan Bima is a simple easy to understand term insurance plan. It offers life 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.

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

Keeping things simple is not always wrong, but we often choose to make things more complicated for ourselves. To eliminate this, Aditya Birla Sun Life...

Unique Features

  • Simple Protection Plan
  • Flexible Premium Payment
  • Covers Accidental Death

Aditya Birla Saral Jeevan Bima (Pros)

Aditya Birla Saral Jeevan Bima
  • High-life cover
  • Accidental death
  • Flexible premium payment

Aditya Birla Saral Jeevan Bima (Cons)

Aditya Birla Saral Jeevan Bima
  • 1 year WP for suicide
  • No policy loan
  • No pre-existing illness cover

Aditya Birla Saral Jeevan Bima (Other Benefits)

Aditya Birla Saral Jeevan Bima
  • Hassle-free buying process
  • Tax benefits
  • Optional Riders

Aditya Birla Saral Jeevan Bima (Eligibility Criteria)

Aditya Birla Saral Jeevan Bima
  • Entry age - 18 years
  • Max entry age - 65 years
  • Min sum assured - 5 lakhs
  • Max maturity age - 70 years

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...

Unique Features

  • Offer short term protection
  • Affordable premiums
  • Flexible premium payment term

Aditya Birla Anmol Suraksha Kawach Plan (Pros)

Aditya Birla Anmol Suraksha Kawach Plan
  • Short term cover
  • high sum assured
  • flexible premium payment

Aditya Birla Anmol Suraksha Kawach Plan (Cons)

Aditya Birla Anmol Suraksha Kawach Plan
  • 1 year WP for suicide
  • No policy loan
  • No pre-existing illness cover

Aditya Birla Anmol Suraksha Kawach Plan (Other Benefits)

Aditya Birla Anmol Suraksha Kawach Plan
  • Tax-benefits
  • Hassle-free buying process
  • coverage up to 60 years

Aditya Birla Anmol Suraksha Kawach Plan (Eligibility Criteria)

Aditya Birla Anmol Suraksha Kawach Plan
  • Entry age - 23 years
  • Max entry age - 55 years
  • Min sum assured - 50 lakhs
  • Max maturity age - NA

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.

Aditya Birla Saral Jeevan Bima: FAQs

1. What is the maximum sum assured for Aditya Birla Saral Jeevan Bima?

The maximum sum assured in the Aditya Birla Saral Jeevan Bima plan is Rs. 25 Lakhs.

2. What is Aditya Birla Saral Jeevan Bima’s policy?

Aditya Birla Saral Jeevan Bima plan is a simple protection plan that offers high life cover at affordable premiums.

3. What is the maturity benefit of the Aditya Birla Saral Jeevan Bima plan?

Under this plan, you’ll not get any maturity benefit after you outlive the policy tenure.

4. Can I get the surrender value under the Aditya Birla Saral Jeevan Bima plan?

Yes, you can exit the Saral Jeevan Bima plan and get surrender value only under single or limited pay.

5. What is the claim settlement ratio for Aditya Birla Sun Life Insurance?

Aditya Birla Sun Life Insurance has an impressive claim settlement ratio (CSR) of 98.12% (CSR as per IRDAI report for the year 2022-23).

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Sahil Singh Kathait

Written By: Sahil Singh Kathait

A boy-in-squares bagging escapades of switching streets in groove & sensing musical airy-notes from 6 1". Under wayed nyctophile sketching the walls of life from the panorama of anime.