1599
6 min read
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.
Browse PayBima Blogs to read interesting posts related to Health Insurance, Car Insurance, Bike Insurance, Term Life Insurance, and Investment section. You can visit PayBima to Buy Insurance Online.
PayBima Team
PayBima is an Indian insurance aggregator on a mission to make insurance simple for people. PayBima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 17 years of experience. PayBima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.
The Social Security Pension Management Information System (SSPMIS) Mukhyamantri Vridhjan Pension Yojana is the Bihar Government’s social security scheme. This scheme was initiated to offer.
Filing the ITR within the due date is very important. By doing so, taxpayers can evade penalties and other consequences due to not filing or.
In India, many opt for life insurance as a smart move to protect themselves and their families, given the unpredictable future. It's a practical step,.
Taxpayers can claim tax deductions under section 80DDB of the Income Tax Act, 1961, on the treatment expenses of certain specified diseases. This deduction can.
In most cases, House Rent Allowance (HRA) is a part of employees' salary and they can claim an exemption for HRA. Hence, if an employee.
Taxes are important for the financial well-being and the good governance of a country. Without taxes, the functioning of the country gets disturbed. The tax.
When joining a new organization in the middle of a fiscal year, employees need to fill out Form 12B. This form informs the new employer.
Payment of Income Tax is directly related to the economy of a country. Hence, every taxpayer in India is expected to pay income tax responsibly.
You may already know that a rental income or the money earned from renting a property is subject to TDS or tax deducted at the.
We know that almost every individual owns a savings bank account. We also know that the interest earned on your savings accumulated in a savings.
Speak to our advisor
Mahindra Insurance Brokers Limited (A Mahindra Group Company) - Unit-202, A-Wing, 2nd Floor, Amiti Building, Agastya Corporate Park, Kamani Junction, LBS Marg, Kurla West, Mumbai - 400070. Tel: +91 22 66423800
Licenced by IRDAI License No. 261; License Validity : 17-05-2025; Category : Composite Broker; CIN : U65990MH1987PLCO42609 Member of Insurance Brokers Association of India (IBAI).
Insurance is the subject matter of solicitation.
For a seamless experience, use the latest version of Chrome/Firefox/Internet Explorer.
Copyright © 2024 Mahindra Insurance Brokers. All Right Reserved.
Verify your number to activate your best premium offer
Please enter the OTP sent to XXXXXX 4099 to continue