©Aditya Birla Capital Ltd.

All rights reserved

Ashok Joshi / Retired Tax Consultant

Life Insurance PROTECTING your regular income

Aditya Birla Sun Life Insurance Company Limited even aer retirement is assured
adityabirlacapital.com
Aditya Birla Sun Life Insurance Vision LifeIncome Plan
A traditional participating whole life insurance plan
Contact our advisor or visit our website www.adityabirlasunlifeinsurance.com to know more about the
various solutions. We provide a wide range of Life Insurance solutions to cater to your specific • Income for life – 5% of the Sum Assured guaranteed plus bonus
protection needs. every year aer premium paying term
Protection Health Children's Retirement Wealth Plans Savings Plans • Whole life coverage till age 100
Plans Plans Future Plans with Protection with Protection

“The Trade Logo “Aditya Birla Capital” Displayed Above Is Owned By ADITYA BIRLA MANAGEMENT CORPORATION
PRIVATE LIMITED (Trademark Owner) And Used By ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED (ABSLI)
under the License.”
Aditya Birla Sun Life Insurance Company Limited (Formerly Birla Sun Life Insurance Company Limited) Life Insurance
Registered Office: One Indiabulls Centre, Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg,
Elphinstone Road, Mumbai - 400 013. Call Centre: 1-800-270-7000 www.insurance.birlasunlife.com Aditya Birla Sun Life Insurance Company Limited
IRDAI Reg No.109 CIN: U99999MH2000PLC128110 UIN: 109N079V05 ADV/12/19-20/1337 VER1/DEC/2019
 Eligibility Criterion
©Aditya Birla Capital Ltd. All rights reserved
Entry Age (age last birthday) 30 days* – 60 years
Policy Term Whole Life to Age 100
Premium Paying Term 8 | 10 | 12 | 15 to 40 years
Minimum Attained Age at end of Premium Paying Term is 18 or more
Maximum Attained Age at end of Premium Paying Term is 75 or less
Minimum Sum Assured `2,00,000

Minimum Premium For PPT 8 | 10 | 12 years - ` 25,000 p.a.

For PPT 15 to 40 years - ` 3,880 p.a.
Premium Frequency Annual, Semi-annual, Quarterly & Monthly
*risk commences from the first policy anniversary

At inception, you need to choose the Sum Assured which represents the life cover during the
Ashok Joshi / Retired Tax Consultant entire policy term.

Your premium will depend on the amount of the Sum Assured you select. For easy reference,
your Sum Assured is banded as follows:
As a responsible individual, you try and plan for all the important life
stages, all the important milestones in your life. And in every effort of Sum Assured Band Band 1 Band 2 Band 3
this process we wish we could have an extra stream of income that Sum Assured ` `2,00,000 to `3,99,999 `4,00,000 to `7,99,999 `8,00,000 +
manages to fund for these glorious moments of one’s life. Well, they
say nothing is impossible and all it requires is careful planning. We will Bonuses – ABSLI will declare simple reversionary bonuses regularly at the end of each
financial year and those will be accrued in the policy on its policy anniversary, surrender or on
help you to plan better to achieve your financial goals and realize your death. Bonuses once attached to the policy are payable along with the interim bonuses, as
dreams with ABSLI Vision LifeIncome Plan. applicable on death, surrender or survival. In case of surrender the surrender value of the
ABSLI Vision LifeIncome Plan is a traditional participating whole life attached bonuses will be payable. The regular bonus rate declared by ABSLI may vary from
year to year and will depend on the actual experience regarding various factors and the
plan. With survival benefits payable every year from the end of the prevailing economic conditions. Future bonuses are however not guaranteed and will depend
premium paying term till maturity and life insurance benefit, this plan upon the future profits of the participating business.
offers a perfect blend of income and financial protection of your family.
Terminal bonus – ABSLI may also pay a terminal bonus at company’s discretion on death, or
maturity, based on the actual experience and the prevailing economic conditions.

Plan At A Glance Your Benefits

ABSLI Vision LifeIncome Plan is suitable for you, if your key objective is secured savings,
In the event the life insured survives to the end of the premium paying
earning a steady income till age 100 and providing your family with comprehensive
financial protection. term, we shall pay to you
• Accrued bonuses till date
The ABSLI Vision LifeIncome Plan offers:
In the event the life insured survives to the end of each subsequent
• Income for life – 5% of the Sum Assured guaranteed plus bonus every year aer the policy year, we shall pay to you
Premium Paying Term
Survival Benefit
• Income Benefit of 5.0% of Sum Assured; plus
• Safety for your loved ones – Comprehensive financial protection of your family with whole • Bonus from the last policy year
life cover to age 100.
In the event the life insured survives to the end of the policy term, The bonuses accrued till the last Policy Anniversary will remain 100% attached with the
we shall pay to you policy. However, any bonus due to be attached for the Policy Year of Premium
Discontinuance will be reduced proportionately by the same proportion as the number of
• Higher of, Sum Assured or 105% of Total Premiums paid to
unpaid Installment Premium for that Policy Year to the total number of due Installment
date (2); plus
Premium for that Policy Year. A Reduced Paid Up policy shall not be entitled to any future
• Terminal bonus (if any) Maturity Benefit reversionary/interim bonuses.
Once the policy has become Reduced Paid-Up the benefits payable in the “Your Benefits”
In the unfortunate event of the death of the life insured during the section are amended as follows:
premium paying term, we shall pay to the nominee 1. Survival Benefit
• Sum Assured on Death; plus In the event the Life Insured survives to the end of the Premium Paying Term, the Survival
• Accrued bonuses as on date of death; plus benefit is the attached bonuses accrued till the due date of first unpaid Installment
Death Benefit Premium.
• Terminal bonus (if any)
In the event the life insured survives to the end of each subsequent policy year, aer the
In the event the life insured dies aer the premium paying term, we shall pay to the nominee Premium Paying term, we shall pay to you 5.0% of Reduced Paid Up Sum Assured.
If the Income Benefit is less than ` 1,000 per year, you will receive a lump sum payment at the end of the premium
• Sum Assured on Death; plus paying term based at the then prevailing conversion rate.
• Bonus from the last policy year; plus
2. Maturity Benefit
• Terminal bonus (if any) In the event the life insured survives to the end of the policy term, we shall pay to you
The Sum Assured on Death is the maximum of • Reduced Paid Up Sum Assured
• 10 times the Annualized Premium(1) 3. Death Benefit
• Sum Assured chosen; In the unfortunate event of the death of the life insured during the premium paying term,
• 105% of Total Premiums paid(2) upto the date of death we shall pay to the nominee
• Reduced Paid Up Sum Assured; plus
Annualized Premium shall be the premium amount payable in a year chosen by the
(1)
• Accrued bonuses as may be applicable (described above)
policyholder, excluding the taxes, rider premiums, underwriting extra premiums and loadings
for modal premiums, if any. In the event the life insured dies aer the premium paying term, we shall pay to
the nominee
Total Premiums Paid means total of all the premiums received, excluding any extra
(2)
• Reduced Paid Up Sum Assured
premium, any rider premium and taxes.
4. Additional Insurance Benefits
In case where the death of the Life Insured takes place prior to the risk commencement date, only
the total premiums paid to date (excluding GST, if any ) shall be payable as the Death Benefit. For added protection, ABSLI Vision LifeIncome Plan can be enhanced by the following
riders for a nominal extra cost.
In case of death of the life insured, if the life insured is different from the policyholder, the • ABSLI Accidental Death and Disability Rider (UIN: 109B018V03)
policyholder will receive the death benefit.
• ABSLI Critical Illness Rider (UIN: 109B019V03)
The policy shall be terminated once the death or maturity benefit is paid and no other benefit • ABSLI Surgical Care Rider (UIN: 109B015V03)
shall be payable thereaer. • ABSLI Hospital Care Rider (UIN: 109B016V03)
• ABSLI Waiver of Premium Rider (UIN: 109C017V03)
If you discontinue paying premiums aer having paid for at least • ABSLI Accidental Death Benefit Rider Plus (UIN: 109C023V02)
two full years, your policy will not lapse but will continue on a
Reduced Paid-Up basis. Please refer to detailed brochures on riders, consult your financial advisor or visit our website
The Sum Assured will be reduced to the Reduced Paid Up Sum for further details.
Assured by multiplying the Sum Assured by the ratio of number
Reduced
of Installment Premium paid to the total number of Installment Paid-Up Benefits
Premium payable over the full premium paying term.
 How Does The Plan Work Your Options
Some benefits are guaranteed and some benefits are variable with bonuses based on the Paying Premiums
future performance of the participating business and economic conditions. If your policy
Please ask your financial advisor or visit our website to determine the premium rate
offers guaranteed returns then these will be clearly marked “guaranteed” in the illustration
applicable for your policy. You may choose to pay your premium annually, semi-annually,
table on this page. If your policy offers variable returns then the illustrations on this page will
quarterly or monthly as per your convenience. For annual and semi-annual payments, we give
show two different rates of assumed future investment returns. These assumed rates of
a premium rebate of 3.0% and 1.5% respectively.
return are not guaranteed and they are not the upper or lower limits of what you might get
However, if you choose ECS as your payment method, we will give a premium rebate of 3.0%
back as the value of your policy is dependent on a number of factors including future
irrespective of your pay frequency.
investment performance. In the illustration below, the Sum Assured is fully guaranteed. The
Total Death Benefit is not guaranteed and is determined using assumed future investment Sum Assured Rebate
returns of 4% and 8% as set by the Life Insurance Council. For higher Sum Assured, we also offer a premium rebate as follows.
Entry Age : 35 years Annualized Premium* : ` 21,603
Gender : Male Premium Paying Term : 15 years Sum Assured Band Band 1 Band 2 Band 3
Policy Term : Whole Life to age 100 Payment Frequency : Yearly Premium Rebate per 1,000 SA nil 2.50 3.50
Sum Assured : ` 2,50,000

Annualized Guaranteed Non-Guaranteed Benefits Total Surrendering your Policy

Policy
Premiums
Year
Paid Death Survival Maturity Reversionary Bonus Cash Bonus Death Benefit Maturity Benefit Your policy will acquire a surrender value aer all due premiums for at least two full policy
End Benefit Benefit Benefit
to Date at 4%
p.a.
at 8%
p.a.
at 4%
p.a.
at 8%
p.a.
at 4%
p.a.
at 8%
p.a.
at 4%
p.a.
at 8%
p.a.
years are paid. The Guaranteed Surrender Value is a percentage of Total premiums paid plus
the surrender value of accrued regular bonuses less survival benefit already paid. The
1 21,603 250,000 - - 375 10,750 - - 250,375 260,750 - -
Guaranteed Surrender Value will vary depending on the premium paying term and the year
2 43,205 250,000 - - 750 21,500 - - 250,750 271,500 - -
the policy is surrendered.
3 64,808 250,000 - - 1,125 32,250 - - 251,125 282,250 - -

4 86,410 250,000 - - 1,500 43,000 - - 251,500 293,000 - -

Your policy will also be eligible for a Special Surrender Value. The surrender value payable will
5 108,013 250,000 - - 1,875 53,750 - - 251,875 303,750 - -
be the higher of Guaranteed Surrender Value or Special Surrender Value. The policy shall be
6 129,615 250,000 - - 2,250 64,500 - - 252,250 314,500 - -
terminated once the Surrender Value is paid. Please ask your financial advisor for an
7 151,218 250,000 - - 2,625 75,250 - - 252,625 325,250 - -
illustration of the Surrender Values applicable to your policy or refer to your policy contract
8 172,820 250,000 - - 3,000 86,000 - - 253,000 336,000 - -
for further details.
9 194,423 250,000 - - 3,375 96,750 - - 253,375 346,750 - - Taking a Policy Loan
10 216,025 250,000 - - 3,750 107,500 - - 253,750 357,500 - -
You may take a loan against your policy once it has acquired a surrender value. The minimum
15 324,038 330,032 - - 5,625 161,250 5,625 161,250 335,657 491,282 - -
loan amount is Rs.5,000 and the maximum is 85% of your surrender value. We shall charge
16 324,038 330,032 12,500 - - - 375 10,750 330,407 340,782 - - interest on the outstanding loan balance at a rate declared by us from time to time based on
to 64
then prevailing market conditions. Any outstanding loan balance will be recovered by us
65 324,038 330,032 12,500 330,026 - - 375 10,750 330,407 340,782 411,276 411,276
from policy proceeds due for payment before any benefit is paid under the policy. Should the
outstanding policy loan balance equal or exceed the surrender value of your policy at any
*Premiums exclude underwriting extra premium, frequency loadings on premiums, the premiums paid towards time, when your policy is in reduced paid-up status, then the policy shall be terminated
the riders, if any and Goods and Service Tax.
without any value. Note that prior to this happening, we shall give you an opportunity to
This is not a benefit illustration. Please visit our website or ask your financial advisor for the complete benefit repay all or part of your outstanding loan balance in order for your policy to continue
illustration for your policy.
uninterrupted.
 ©Aditya Birla Capital Ltd. All rights reserved
Terms & Conditions
Free-Look Period

You will have the right to return your policy to us within 15 days (30 days in case the policy
issued under the provisions of IRDA of India Guidelines on Distance Marketing (1) of
Insurance products) from the date of receipt of the policy. We will refund the premium paid
once we receive your written notice of cancellation (along with reasons thereof) together
with the original policy documents. We will deduct proportionate risk premium for the period
of cover and expenses incurred by us on medical examination and stamp duty charges while
issuing your policy in accordance to IRDAI (Protection of Policyholders Interest) Regulations,
2017.
(5)
Distance Marketing includes every activity of solicitation (including lead generation) and sale of insurance products
through voice mode, SMS electronic mode, physical mode (like postal mail) or any other means of communication other
than in person.

Grace Period & Revival

If you are unable to pay your premium by the due date, you will be given a grace period of 30
days and during this grace period all coverage under your policy will continue. If you do not
pay your premium within the grace period, the following will be applicable:
• In case you have not paid premiums for two full years, then all benefits under your policy
will cease immediately and your policy shall be terminated.
• In case you have paid premiums for at least two full years, then your policy will be
continued on a Reduced Paid-Up basis.
You can revive your policy for its full coverage within five years from the due date of the first
unpaid premium by paying all outstanding premiums together with interest as declared by us
from time to time and by providing evidence of insurability satisfactory to us. Upon revival,
your benefits shall be restored to their full value.

Goods and Services Tax (GST)

GST and other levies, as applicable, will be extra and levied as per the extant tax laws

Tax Benefits
As per extant tax laws, this plan offers tax benefits under Section 80C, 80D and Section
10(10D) of the Income Tax Act, 1961, subject to fulfillment of the other conditions of the
respective sections prescribed therein.
You are advised to consult your tax advisor for details.

Exclusions
We will pay the total premiums paid till date or surrender value available on the date of
death, if higher in the event the life insured dies due to suicide, within 12 months from the
date of commencement of risk under the policy or from the date of revival of the policy, as
may be applicable provided the policy is inforce.

Nomination
Allowed as per the provisions of Section 39 of the Insurance Act, 1938 as amended from
time to time. For more details on the nomination, please refer to our website
www.adityabirlasunlifeinsurance.com
Ashok Joshi / Retired Tax Consultant
Assignment About Sun Life Financial Inc, Canada
Allowed as per the provisions of Section 38 of the Insurance Act, 1938 as amended from Sun Life Financial is an international financial services organization providing insurance,
time to time. For more details on the assignment, please refer to our website wealth and asset management solutions to individual and corporate Clients.  Sun Life
www.adityabirlasunlifeinsurance.com Financial has operations in a number of markets worldwide, including Canada, the United
States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India,
Prohibition of Rebates – Section 41 of the Insurance Act, 1938
China, Australia, Singapore, Vietnam, Malaysia and Bermuda.  Sun Life Financial Inc. trades
No person shall allow or offer to allow, either directly or indirectly, as an inducement to any on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the
person to take or renew or continue an insurance in respect of any kind of risk relating to ticker symbol SLF.
lives or property in India, any rebate of the whole or part of the commission payable or any
rebate of the premium shown on the policy, nor shall any person taking out or renewing or www.sunlife.com
continuing a policy accept any rebate, except such rebate as may be allowed in accordance * (All the above numbers mentioned in the About Us of Aditya Birla Capital Limited is as on June 30th, 2019)
with the published prospectuses or tables of the insurer.
Any person making default in complying with the provisions of this section shall be liable for Risk Factors and Disclaimers
a penalty which may extend to ten lakh rupees.
This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI).
Fraud and Misrepresentation
This is a traditional participating endowment plan. All terms & conditions are guaranteed
As per the provisions of Section 45 of the Insurance Act, 1938 as amended from time to throughout the policy term, except for the bonuses which would be declared at the end of
time. For more details in Section 45 of the Insurance Act, 1938 please refer to our website each financial year. GST and any other applicable taxes will be added (extra) to your premium
www.adityabirlainsurance.com and levied as per extant tax laws. An extra premium may be charged as per our then existing
underwriting guidelines for substandard lives, smokers or people having hazardous
Aditya Birla Sun Life Insurance – A Coming Together of Values occupations etc. This brochure contains only the salient features of the plan. For further
details please refer to the policy contract. Tax benefits are subject to changes in the tax laws.
For more details and clarification call your ABSLI Insurance Advisor or visit our website and
Aditya Birla Sun Life Insurance, an Aditya Birla Capital Company. see how we can help in making your dreams come true.
Aditya Birla Sun Life Insurance Company Limited (ABSLI), is a subsidiary of Aditya Birla
Capital Ltd (ABCL). ABSLI was incorporated on August 4th, 2000 and commenced BEWARE OF SPURIOUS / FRAUD PHONE CALLS!
operations on January 17th, 2001. ABSLI is a 51:49 joint venture between the Aditya Birla
IRDAI is not involved in activities like selling insurance policies, announcing bonus or
Group and Sun Life Financial Inc., an international financial services organization in Canada.
investment of premiums. Public receiving such phone calls are requested to lodge a
ABSLI (Formerly known as Birla Sun Life Insurance Company Limited), offers a range of life police complaint.
insurance products across the customer’s life cycle, including children future plans, wealth
protection plan s, retirement and pension solutions, health plans, traditional term plans and
Unit Linked Insurance Plans (“ULIPs”).
www.adityabirlasunlifeinsurance.com

About Aditya Birla Capital

Aditya Birla Capital Limited (ABCL) is the holding company for the financial services
businesses of the Aditya Birla Group. With subsidiaries that have a presence across
Protecting, Investing and Financing solutions, ABCL is a financial solutions group that caters
to diverse needs of its customers across their life cycle.  With more than 18,000 employees,
the subsidiaries of ABCL have a nationwide reach with 850+ branches and more than
2,00,000 agents/channel partners and several bank partners.

Aditya Birla Capital is a part of the Aditya Birla Group, a USD 48.3 billion Indian multinational,
in the league of Fortune 500. Anchored by over 120,000 employees, belonging to 42
nationalities, the Aditya Birla Group operates in 34 countries across the globe.
www.adityabirlacapital.com