Kolkata: Aditya Birla Sun Life Insurance (ABSLI), the life insurance subsidiary of Aditya Birla Capital Limited (ABCL), announced the launch of a hyper-flexible savings plan – ABSLI Vision LifeIncome Plus Plan that provides guaranteed regular income plus flexible bonus pay outs. This non-linked participating individual plan has been designed to offer various plan options which can be tailor-made to perfectly suit customers’ unique financial needs across different life-stages. This savings plan provides a customer with the comfort of a guaranteed regular income for up to 30 years to help them achieve their evolving life goals while reaping the benefits of a comprehensive life insurance cover.
Additionally, the plan also brings an upside through completely flexible bonus pay-outs which can be accumulated for wealth creation or withdrawn at the customer’s convenience for an instant access to their money. ABSLI Vision LifeIncome Plus Plan offers tax-free guaranteed additional income for life, besides providing the benefit of liquidity or cash in hand whenever one requires funds.
Commenting on the launch, Kamlesh Rao, MD & CEO, Aditya Birla Sun Life Insurance, said, “Amid the uncertainty caused by the pandemic, ups and downs in the economy and the markets, saving sufficiently for the future —tomorrow or three decades from now — has become extremely crucial. Individuals today need plans which can be personalized to fit their unique needs at different life stages and can assure complete security of future financial goals. ABSLI Vision LifeIncome Plus Plan will cater to this immediate need of customers by maximizing their income and minimising risk. This holistic solution will not only help individuals meet their short and long-term financial requirements, do legacy planning but will also offer bonus income to further increase wealth or build contingency fund.”