Birla Sun Life Insurance Plans
Birla Sun Life launches BSLI Savings Premium Plan Private sector company of India Birla Sun Life Insurance Plans 2016 2017 today launched a participating traditional plan, BSLI Savings Plan, with guaranteed additions for the first five years of the policy term.
BSLI Savings Plan is designed to cater to the changing needs across customer segments with the flexibility it offers in choosing the policy term and the premium paying term with guaranteed additions,” Birla Sun Life Managing Director and CEO, Jayant Dua said in a release issued here.\
The plan is a savings-cum-insurance option that aims to provide secured growth to savings and comprehensive financial protection from the risk of unfortunate death.
There is an option for premium payment term of 10, 15 or 20 years with the minimum age of entry at 18 years and the maximum at 50 years.
At inception, the customer needs to choose the sum assured, the policy term and the premium payment term.
The minimum sum assured for this plan is Rs 30,000.
BSLI is a joint venture between the Aditya Birla Group and Sun Life Financial Inc, a leading international financial services organization from Canada.