Aditya Birla Sun Life Insurance Benefits

Aditya Birla Sun Life Insurance Company Limited(ABSLI) started its operations in the year 2001 and is a subsidiary of Aditya Birla Capital Limited. This company is a joint venture between the Aditya Birla Group and Sun Life Financial Inc., an international Canada-based company offering financial services. Aditya Birla Sun Life has been one of the leading life insurance providers that offer a wide range of products to its customers including children future plans, wealth protection plans, retirement and pension plans, health insurance plans, term plans and Unit Linked Insurance Plans. The aim of the company is to offer its customers simple and requirement-centric life insurance products with maximum benefits to the people.

Why To Buy Aditya Birla Sun Life Insurance?

Here are some top reasons to buy Aditya Birla Sun Life Insurance Plans:

• High Claim Settlement Ratio: Aditya Birla Sun Life Insurance has a claim settlement ratio of 97.54% for the year FY 2019-20. The Claim Settlement Ratio represents the number of claims made successfully by the insurance company out of the total claims received by them during a financial year. The higher the claim settlement ratio, the higher the credibility of a company towards its customers.
• Award-Winning Services: Aditya Birla Sun Life Insurance has been awarded several times. The company was awarded ‘Best Fraud Intelligence’ by the Insurance Indian Summit and Awards in 2018. Aditya Birla Sun Life Insurance won the ‘Certificate of Excellence at the Sabre Awards 2018. Aditya Birla Sun Life Insurance has also won the ‘Creative Abby Awards’ at Goa Fest 2018 and the company has won the ‘Customer Experience and Loyalty Awards’.
• Variety of Products: Aditya Birla Sun Life Insurance Company offers various insurance plans such as Traditional Term, Wealth Protection, Retirement and Pension Solutions, Health Insurance, ULIPs and Child’s Future Plan. These plans are designed to cater to the needs and budget of every individual. The wide range of insurance plans offered by the life insurance company, lets the customer choose the plan that is most suitable according to their budget and requirements.
• Excellent Customer Support: Aditya Birla Sun Life Insurance provides 24x7 digital customer care support. Aditya Birla Sun Life Insurance aims to provide affordable, simple and need-based insurance plans.
• Affordable Products: Aditya Birla Sun Life Insurance provides affordable insurance plans that fulfil the potential buyer’s requirements. Some plans are designed to provide you with as many benefits as possible at a very affordable price.

Top 7 Term Insurance Benefits

There are various benefits of Aditya Birla Sun life insurance (ABSLI) such as:

• Highly Customisable Plans: Policyholders can customise their policies as per their choice.
• Aditya Birla Premium Payment Gateway: The online payment gateway by ABSLI is one of the top-notch features that allows people to pay instantly.
• Tax Benefits: The best thing about the term is that it provides savings in the income tax.
• 3-year claim Payout guarantee: After 3 years of continuous policy, no claims will be denied in any circumstances.
• Fixed premiums: The premium of a particular plan will be locked till the time you complete the payment.
• Riders: This benefit can be added but with some extra price other than the normal cost of the plan.
• Financial Security: It provides financial security for the loved ones.