6 min read
Updated on Apr 26, 2023
Aditya Birla Sun Life Insurance Company Limited or ABSLI is an insurance company created as a joint venture between Aditya Birla Group and Sun Life Financial Inc. with a 51:49 partnership. The company came into existence in August 2000, while it started its operations in January 2001. Sun Life Financial Inc., is a multinational financial services company based in Canada, while Aditya Birla is a Mumbai based Indian multinational.
Together, the ABSLI corporation offers some cost-effective and lucrative term insurance plans to suit the needs of their consumers. The best thing about term insurance is that it acts as a financial security as well as it aids in case of any critical illness or other emergencies. Since hard times are unpredictable and can reach anyone anytime, so preparing yourself for such times with better policies and investments is important.
Term insurances are life insurance plans that secure a family with monetary protection at a reasonable cost. With a term plan, you can safeguard your family’s future even in your absence. Thus, if the policyholder of a term insurance plan meets with any unfortunate incident, the nominee of the policy holder receives death benefit in the form of a predefined amount. Here, the policy doesn’t offer any other return at maturity.
Since term plans are lucrative and reasonable, they are very popular with common people. Thus, a large population buys term insurance plans to safeguard their families. Hence, several insurers in India cater to term plans. This makes it difficult for potential consumers to identify the policy that suits them best.
We are discussing here some of the top Aditya Birla term insurance plans to help you make your choice easy. The term plans offered by ABSLI suits the needs of every category of people.
If you are one of the potential customers of Aditya Birla sun life term insurance plans, you may be interested in knowing about the benefits of the plan:
Read More: Aditya Birla Sun Life Insurance Company Limited
To Sum Up
If you are planning to buy any of the above term plans from ABSLI, you can compare different plans offered by the insured before making the final purchase. Further, you can check your policy status of the ABSLI plans online or via customer care of the insurer.
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