Term Insurance Plan: Aditya Birla Sun Life Insurance (ABSLI) has announced a reduction of up to 15 percent in the premium rates of ABSLI Digi Shield Plan.
Aditya Birla Sun Life Insurance (ABSLI), the life insurance subsidiary of Aditya Birla Capital Limited (ABCL), has reduced the premium rates of ABSLI Digi Shield Plan by up to 15 percent. has announced. The company aims to carve a niche for itself in the term insurance segment through competitive offers. This plan caters to the unique protection needs of the customers and can be personalized.
Unlike traditional term plans, ABSLI Digishield plan offers guaranteed recurring income along with survival benefits to a subscriber from the age of 60 years. In addition, it offers the facility of reducing the Sum Assured at a pre-determined retirement age, which helps customers decide their cover as per their outstanding liabilities and standard of living.
What are the benefits?
The ABSLI Digi Shield Plan gives you the flexibility to choose from Joint Life Protection, Critical Illness Cover and Rider options to create an exclusive protection solution for the customers and their loved ones.
The insurance plan also offers various premium payment terms, policy tenure and death benefits pay-out options to meet the unique customer requirements. According to the company, it minimizes liabilities, provides protection to loved ones and supports retirement and inheritance goals.
Commenting on the reduction in premium rate of ABSLI Digi Shield plan, Kamlesh Rao, MD & CEO, Aditya Birla Sun Life Insurance said, “With the increase in the demand for term plans, we have announced reduction in premium for ABSLI Digi Shield plan. We offer a hyper-personalized term plan, which is designed keeping in mind the growing financial needs of the customers.
We urge the customers to take advantage of this low premium of this term plan, to provide financial security for themselves and loved ones.
