birla sun life insurance policy surrender value calculator

Terms & conditions do apply, therefore it is advised to check the policy brochure for further details. If the policyholder is not able to pay the premium amount by the due date,they aregiven an additional time period of 30 days to clear the outstanding premium amount.The company then deducts certain charges and refunds the premium paid by the policyholder The policyholder must send a written notice for cancellation to the company along with stating the reasons for the same and the original documents.

However, this period is 30 days if the policyholder has chosen Distance Marketing modes while purchasing the policy. Every policyholder shall have the optionto cancel this ABSLI Protector Plus Plan within 15 days of the receipt of the policy document.For non-smokers, there is rebate in premiums provided by Aditya Birla Sun Life Insurance.In the second case, one can choose the rate of increase as either 5% p.a. In the first case, the sum assured remains constant. ABSLI Protector Plus Plan has a distinctive feature of two plans to choose from – a) level sum assured and b) increasing sum assured.A policyholder gets complete monetary cover at highly affordable premium,starting from as low as Rs.Let’s discuss this plan in detail to get a comprehensive understanding of the same. ABSLI Protector Plus Plan is a traditional term insurance policy designed by Aditya Birla Sun Life Insurance to provide financial cover at highly budgeted cost. Being a traditional plan, it makes sure that the risk factor is well taken care of, thus, making it perfect for folks who don’t wish to invest in high-on-risk financial products.

Birla sun life insurance policy surrender value calculator