Protecting Your Future Smiles is Easier with Smaller Investments Today!
The ABSLI Vision LifeSecure Plan offers long-term financial security for you and your family. With the flexibility to choose your policy term, you can enjoy life protection up to age 100 while ensuring steady growth in your savings over time.
ABSLI Vision LifeSecure Plan (Savings Plan)
Key Features
- Regular Bonuses²: Enjoy regular bonuses starting from the first year.
- Maturity Benefit: Receive a maturity benefit at the end of the policy term.
- Eligibility: Minimum entry age is just 30 days.
- Whole Life Cover: Protection is available up to age 100.
Benefits and Eligibility
Maturity Benefit
- If the life insured survives until the end of the policy term, the policyholder will receive the Sum Assured, plus accrued regular bonuses, and a Terminal Bonus (if any). The policy continues even after the Maturity Benefit is paid.
Death Benefit
- In the unfortunate event of the insured’s death, the nominee will receive the Sum Assured on Death, along with accrued bonuses as of the date of death, and any Terminal Bonus. If the life insured survives the policy term, coverage will continue until age 100. If the insured reaches age 100 or passes away before then, the Sum Assured on Death will be paid.
Customizable Benefits
For additional protection, the ABSLI Vision LifeSecure Plan can be enhanced with the following riders for a nominal extra cost:
- ABSLI Accidental Death and Disability Rider (UIN: 109B018V03)
- ABSLI Critical Illness Rider (UIN: 109B019V03)
- ABSLI Surgical Care Rider (UIN: 109B015V03)
- ABSLI Hospital Care Rider (UIN: 109B016V03)
- ABSLI Accidental Death Benefit Rider Plus (UIN: 109B023V02)
- ABSLI Waiver of Premium Rider (UIN: 109B017V03)
Note: You can choose either the ABSLI Accidental Death and Disability Rider or the ABSLI Accidental Death Benefit Rider Plus, but not both.
How the Vision LifeSecure Plan Works
- Illustration: To understand the working of the plan better, please refer to the provided illustrations.
Riders Overview
- ABSLI Waiver of Premium Rider (UIN: 109B017V02): All future premiums are waived in the case of permanent disability, death, or upon the diagnosis of one of four specified major illnesses.
- ABSLI Critical Illness Rider (UIN: 109B019V03): Receive a lump sum benefit amount upon diagnosis of any of the four specified critical illnesses.
- ABSLI Accidental Death Benefit Rider Plus (UIN: 109B023V02): Get additional coverage for death caused by an accident at a nominal cost.
- ABSLI Accidental Death and Disability Rider (UIN: 109B018V03): Provides extra protection in case of death or disability caused by an accident, available at a nominal cost.
- ABSLI Hospital Care Rider (UIN: 109B016V03): Receive daily cash benefits, additional ICU benefits, and a lump sum recuperation benefit upon hospitalization.
- ABSLI Surgical Care Rider (UIN: 109B015V03): Receive a lump sum benefit amount to cover surgical expenses