Mumbai, India (CU)_ The life insurance arm of Aditya Birla Capital Limited (ABCL), Aditya Birla Sun Life Insurance (ABSLI), has introduced a new edition of its new-age savings solution, namely, ABSLI SecurePlus Plan. This plan was created with the goal of providing total financial stability, as well as comprehensive life insurance coverage and income advantages.
Customers may pick from a variety of premium payment arrangements, policy terms, and pay-out periods to meet their desired financial goals due to its increased flexibility. It meets the customer’s immediate, medium, and long-term demands while also providing a variety of financial benefits.
Kamlesh Rao, MD & CEO of Aditya Birla Sun Life Insurance, spoke about the pandemic-induced financial instability among people and the company’s customized plans for them. He said, “The ongoing pandemic has made customers more conscious of the impact of their financial planning. As part of our customer-centric approach, we aim to offer simple, innovative solutions aligned to customer needs. Currently, customers need agile saving options with comprehensive risk coverage to secure their family’s future. The ABSLI SecurePlus Plan fulfills this need by providing a flexible monetary cushion for their important milestones”.
According to current tax legislation, policyholders will be entitled for tax advantages on premiums paid and benefits received. Customers may further personalize their plans by selecting from a variety of options such as commutation, multiple riders for increased protection, and the opportunity to choose the sum assured multiple, allowing them to build an all-inclusive bespoke solution for their financial requirements.
